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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 877,717 $ 724,488
Restricted cash 6,717 2,147
Total cash, cash equivalents, and restricted cash 884,434 726,635
Real estate inventory:    
Owned inventory 5,330,548 5,346,905
Consolidated real estate not owned 2,295 23,971
Total real estate inventory 5,332,843 5,370,876
Land deposits 228,117 263,356
Mortgage loans held for sale 186,194 346,364
Lease right of use assets 84,052 90,446
Prepaid expenses and other assets, net 225,381 265,392
Other receivables, net 196,184 191,504
Investments in unconsolidated entities 294,755 282,900
Deferred tax assets, net 67,656 67,656
Property and equipment, net 213,374 202,398
Goodwill 663,197 663,197
Total assets 8,376,187 8,470,724
Liabilities    
Accounts payable 247,887 269,761
Accrued expenses and other liabilities 424,619 490,253
Lease liabilities 92,895 100,174
Income taxes payable 2,977 0
Customer deposits 414,085 412,092
Estimated development liabilities 43,005 43,753
Senior notes, net 1,816,877 1,816,303
Loans payable and other borrowings 338,667 361,486
Mortgage warehouse borrowings 146,334 306,072
Liabilities attributable to consolidated real estate not owned 2,295 23,971
Total liabilities 3,529,641 3,823,865
COMMITMENTS AND CONTINGENCIES (Note 13)
Stockholders' equity    
Total stockholders’ equity 4,846,546 4,646,859
Total liabilities and stockholders’ equity $ 8,376,187 $ 8,470,724