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ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Summary of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consist of the following (in thousands):
 As of December 31,
 20242023
Real estate development costs to complete$44,046 $46,114 
Compensation and employee benefits174,509 149,095 
Self-insurance and warranty reserves214,105 184,448 
Interest payable32,288 31,042 
Property and sales taxes payable
36,575 30,887 
Other accruals130,727 107,488 
Total accrued expenses and other liabilities$632,250 $549,074 
Summary of Changes in Reserves A summary of the changes in reserves are as follows (in thousands):
 Year Ended
December 31,
 202420232022
Reserve - beginning of period$184,448 $161,675 $141,839 
Additions to reserves82,376 83,226 76,643 
Cost of claims incurred(85,454)(80,646)(76,994)
Changes in estimates to pre-existing reserves32,735 20,193 20,187 
Reserve - end of period
$214,105 $184,448 $161,675