Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income before allocation to non-controlling interests	$ 35,601	$ 26,104
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in income of unconsolidated entities	(1,085)	(782)
Stock compensation expense	3,012	2,720
Distributions of earnings from unconsolidated entities	1,336	111
Depreciation and amortization	1,071	1,078
Debt issuance costs amortization	955	956
Contingent consideration	223	1,097
Deferred income taxes	0	(261)
Changes in operating assets and liabilities:
Real estate inventory and land deposits	(47,099)	(108,979)
Mortgages held for sale, prepaid expenses and other assets	130,789	74,694
Customer deposits	40,178	30,492
Accounts payable, accrued expenses and other liabilities	(33,747)	(14,965)
Income taxes payable	16,677	(28,848)
Net cash provided by (used in) operating activities	147,911	(16,583)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(275)	(705)
Payments for business acquisitions	0	(52,819)
Distribution from unconsolidated entities	403	0
Investments of capital into unconsolidated entities	(14,561)	(15,159)
Net cash used in investing activities	(14,433)	(68,683)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in loans payable and other borrowings	0	23,659
Repayments of loans payable and other borrowings	(2,622)	(21,558)
Borrowings on revolving credit facility	0	230,000
Payments on revolving credit facility	0	(35,000)
Borrowings on mortgage warehouse	190,424	211,350
Repayment on mortgage warehouse	(319,842)	(302,798)
Payment of contingent consideration	0	(384)
Proceeds from stock option exercises	411	0
Proceeds from issuance of shares from secondary offerings	418,106	0
Repurchase of shares from principal equity holders	(418,936)	0
Repurchase of common stock, net	0	(4,993)
Payment of taxes related to net share settlement of equity awards	(282)	0
Distributions to non-controlling interests of consolidated joint ventures, net	(390)	(74)
Net cash (used in) provided by financing activities	(133,131)	100,202
NET INCREASE IN CASH AND CASH EQUIVALENTS	347	14,936
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period	301,812	127,468
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period	302,159	142,404
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid, net	(2,195)	(42,184)
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:
Change in loans payable issued to sellers in connection with land purchase contracts	20,381	16,931
Change in inventory not owned	(1,570)	(6,926)
Original accrual of contingent consideration for business combinations	$ 0	$ 380