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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 547,916 $ 326,437
Restricted cash 1,144 2,135
Total cash, cash equivalents, and restricted cash 549,060 328,572
Owned inventory 5,300,106 3,967,359
Consolidated real estate not owned 122,776 19,185
Total real estate inventory 5,422,882 3,986,544
Land deposits 138,160 39,810
Mortgage loans held for sale 172,501 190,880
Derivative assets 6,800 2,099
Lease right of use assets 71,319 36,663
Prepaid expenses and other assets, net 223,891 85,515
Other receivables, net 90,722 70,447
Investments in unconsolidated entities 125,132 128,759
Deferred tax assets, net 273,983 140,466
Property and equipment, net 95,546 85,866
Intangible assets, net 950 637
Goodwill 663,502 149,428
Total assets 7,834,448 5,245,686
Liabilities    
Accounts payable 188,470 164,580
Accrued expenses and other liabilities 398,489 325,368
Lease liabilities 80,270 42,317
Income taxes payable 30,497 3,719
Customer deposits 256,295 167,328
Estimated development liability 35,444 36,705
Senior notes, net 2,452,526 1,635,008
Loans payable and other borrowings 332,953 182,531
Revolving credit facility borrowings 285,000 0
Mortgage warehouse borrowings 109,593 123,233
Liabilities attributable to consolidated real estate not owned 122,776 19,185
Total liabilities 4,292,313 2,699,974
COMMITMENTS AND CONTINGENCIES (Note 16)
Stockholders’ Equity    
Total stockholders’ equity 3,542,135 2,545,712
Total liabilities and stockholders’ equity $ 7,834,448 $ 5,245,686