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ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2025
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consist of the following (in thousands):
As of
September 30, 2025December 31, 2024
Real estate development costs to complete$46,309 $44,046 
Compensation and employee benefits108,142 174,509 
Self-insurance and warranty reserves221,294 214,105 
Interest payable30,589 32,288 
Property and sales taxes payable
44,369 36,575 
Other accruals168,333 130,727 
Total accrued expenses and other liabilities$619,036 $632,250 
Schedule of Changes in Reserves A summary of the changes in reserves are as follows (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Reserve - beginning of period (1)
$237,655 $181,790 $214,105 $184,448 
Additions to reserves19,765 20,971 61,476 63,161 
Claims paid(26,241)(18,423)(66,535)(68,329)
Changes in estimates and other reserve adjustments, net(9,885)8,975 12,248 14,033 
Reserve - end of period$221,294 $193,313 $221,294 $193,313