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ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)
 3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
Summary of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consist of the following (in thousands):
As of
March 31, 2025December 31, 2024
Real estate development costs to complete$52,281 $44,046 
Compensation and employee benefits84,155 174,509 
Self-insurance and warranty reserves212,483 214,105 
Interest payable29,328 32,288 
Property and sales taxes payable
34,330 36,575 
Other accruals138,320 130,727 
Total accrued expenses and other liabilities$550,897 $632,250 
Summary of Changes in Reserves A summary of the changes in reserves are as follows (in thousands):
Three Months Ended
March 31,
20252024
Reserve - beginning of period$214,105 $184,448 
Additions to reserves15,571 20,666 
Cost of claims incurred(18,909)(21,193)
Changes in estimates to pre-existing reserves1,716 3,027 
Reserve - end of period$212,483 $186,948