Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash Flows from Operating Activities
Net income before allocation to non-controlling interests	$ 791,263	$ 886,570	$ 769,741
Adjustments to reconcile net income to net cash provided by operating activities:
Net income from unconsolidated entities	(4,867)	(6,347)	(8,757)
Stock compensation expense	29,049	22,461	26,095
Loss on extinguishment of debt, net	13,324	0	295
Distributions of earnings from unconsolidated entities	12,789	12,929	9,230
Depreciation and amortization	40,182	41,190	33,406
Lease expense	17,641	20,361	24,808
Debt issuance costs amortization	2,732	2,890	3,315
Estimated development liability change in estimate	0	(23,051)	(14,829)
Deferred income taxes	1,885	(8,423)	(169)
Real estate impairment charges	28,821	29,637	11,791
Change in Build-to-Rent/Urban Form assets due to sale	67,247	79,976	0
Changes in operating assets and liabilities:
Real estate inventory and land deposits	26,578	(797,330)	(78,575)
Mortgage loans held for sale, prepaid expenses and other assets, net	(183,070)	(182,084)	31,012
Customer deposits	(114,122)	(86,936)	(86,005)
Accounts payable, accrued expenses and other liabilities	81,990	215,993	84,811
Income taxes payable	5,903	2,243	0
Net cash provided by operating activities	817,345	210,079	806,169
Cash Flows from Investing Activities:
Purchase of property and equipment	(40,372)	(36,330)	(33,426)
Distributions of capital from unconsolidated entities	30,401	29,698	824
Investments of capital into unconsolidated entities	(85,578)	(129,809)	(64,589)
Purchase of fixed-maturity securities	(55,738)	0	0
Proceeds from sale and maturities of fixed-maturity securities	1,385	0	0
Purchase of equity securities	(4,870)	0	0
Net cash used in investing activities	(154,772)	(136,441)	(97,191)
Cash Flows from Financing Activities
Increase in loans payable and other borrowings	198,640	0	7,103
Repayments on loans payable and other borrowings	(1,250)	(52,093)	(20,747)
Borrowings on revolving credit facilities	240,000	100,000	0
Repayments on revolving credit facilities	(240,000)	(100,000)	0
Borrowings on mortgage warehouse facilities	3,466,875	3,652,098	3,007,682
Repayments on mortgage warehouse facilities	(3,558,730)	(3,631,102)	(3,160,290)
Proceeds from issuance of senior notes	525,000	0	0
Repayments on senior notes	(527,070)	0	(350,000)
Payment of deferred financing costs	(15,621)	0	0
Changes in stock option exercises and issuance of restricted stock, net	(493)	(4,716)	17,013
Payment of principal portion of finance lease	(1,385)	(1,404)	(1,316)
Repurchase of common stock, net	(381,016)	(347,598)	(127,959)
Cash and distributions to non-controlling interests of consolidated joint ventures, net	(3,458)	(8,756)	0
Net cash used in financing activities	(298,508)	(393,571)	(628,514)
Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash	364,065	(319,933)	80,464
Cash, Cash Equivalents, and Restricted Cash - Beginning of period	487,166	807,099	726,635
Cash, Cash Equivalents, and Restricted Cash - End of period	851,231	487,166	807,099
Supplemental Cash Flow Information
Income tax payments	(303,965)	(264,425)	(204,274)
Supplemental Non-Cash Investing and Financing Activities:
Loans payable issued to sellers in connection with land purchase contracts	246,588	341,020	235,554
Change in consolidated real estate not owned	23,000	(423)	47,647
Non-cash portion of loss on debt extinguishment	1,860	0	0
Accrual of excise tax on share repurchases	$ (3,341)	$ (3,476)	$ 0