Investments in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Aggregated Assets, Liabilities and Operating Results of Entities as Equity-Method Investments

Aggregated assets, liabilities and equity of the entities we account for as equity-method investments are as follows (in thousands):

	September 30, 2024		December 31, 2023
Assets
Cash	$	46,185	$	35,308
Receivables	105,645		38,839
Real estate inventories	400,317		450,097
Other assets	6,584		27,632
Total assets	$	558,731	$	551,876
Liabilities and equity
Debt obligations and other liabilities	$	148,610	$	155,616
Company’s equity	130,798		131,824
Outside interests’ equity	279,323		264,436
Total liabilities and equity	$	558,731	$	551,876

Aggregated results of operations from unconsolidated entities (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Net sales	$	42,183	$	17,588	$	106,097	$	77,483
Other operating expense	(42,306)		(17,422)		(103,657)		(76,361)
Other income (expense), net	24		100		849		94
Net income	$	(99)	$	266	$	3,289	$	1,216
Company’s equity in income of unconsolidated entities	$	227	$	3	$	383	$	272