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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 569,249 $ 832,821
Restricted cash 1,578 3,519
Total cash, cash equivalents, and restricted cash 570,827 836,340
Owned inventory 5,699,709 5,444,207
Consolidated real estate not owned 43,418 55,314
Total real estate inventory 5,743,127 5,499,521
Land deposits 260,861 229,535
Mortgage loans held for sale 229,651 467,534
Derivative assets 5,501 2,110
Lease right of use assets 85,582 85,863
Prepaid expenses and other assets, net 271,180 314,986
Other receivables, net 155,660 150,864
Investments in unconsolidated entities 173,231 171,406
Deferred tax assets, net 151,240 151,240
Property and equipment, net 207,918 155,181
Goodwill 663,197 663,197
Total assets 8,517,975 8,727,777
Liabilities    
Accounts payable 225,312 253,348
Accrued expenses and other liabilities 416,881 525,209
Lease liabilities 94,405 96,172
Income taxes payable 15,350 0
Customer deposits 540,916 485,705
Estimated development liabilities 38,522 38,923
Senior notes, net 2,452,311 2,452,322
Loans payable and other borrowings 395,400 404,386
Revolving credit facility borrowings 0 31,529
Mortgage warehouse borrowings 200,662 413,887
Liabilities attributable to consolidated real estate not owned 43,418 55,314
Total liabilities 4,423,177 4,756,795
COMMITMENTS AND CONTINGENCIES (Note 13)
Stockholders’ Equity    
Total stockholders’ equity 4,094,798 3,970,982
Total liabilities and stockholders’ equity $ 8,517,975 $ 8,727,777