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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 492,940 $ 868,953
Receivables 111,637 224,636
Real estate inventories 3,465,811 3,337,483
Investments in unconsolidated entities 133,591 131,824
Mortgage loans held for sale 32,936 0
Goodwill and other intangible assets, net 156,603 156,603
Deferred tax assets, net 37,996 37,996
Other assets 164,684 157,093
Total assets 4,596,198 4,914,588
Liabilities    
Accounts payable 57,410 64,833
Accrued expenses and other liabilities 437,237 453,531
Loans payable 283,929 288,337
Senior notes, net 646,030 1,094,249
Mortgage repurchase facilities 32,096 0
Total liabilities 1,456,702 1,900,950
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding as June 30, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized;    93,862,218 and 95,530,512 shares issued and outstanding at   June 30, 2024 and December 31, 2023, respectively 939 955
Additional paid-in capital 0 0
Retained earnings 3,138,545 3,010,003
Total stockholders’ equity 3,139,484 3,010,958
Noncontrolling interests 12 2,680
Total equity 3,139,496 3,013,638
Total liabilities and equity $ 4,596,198 $ 4,914,588