Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 117,329,000	$ 107,279,000
Restricted cash	22,000	180,000
Contracts and accounts receivable	4,501,000	4,924,000
Due from affiliates	61,000	102,000
Real estate inventories	358,273,000	314,957,000
Investment in unconsolidated joint ventures	769,000	2,107,000
Deferred tax asset, net	14,268,000	15,447,000
Other assets	50,263,000	50,703,000
Total assets	545,486,000	495,699,000
Liabilities and equity
Accounts payable	16,084,000	17,182,000
Accrued expenses and other liabilities	46,092,000	36,210,000
Senior notes, net	280,579,000	244,865,000
Total liabilities	342,755,000	298,257,000
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares outstanding	0	0
Common stock, $0.01 par value, 500,000,000 shares authorized, 18,160,613 and 18,122,345, shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	182,000	181,000
Additional paid-in capital	191,457,000	191,496,000
Retained earnings	11,092,000	5,765,000
Total stockholders' equity	202,731,000	197,442,000
Total liabilities and stockholders' equity	$ 545,486,000	$ 495,699,000