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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 42,273 $ 123,546
Restricted cash 269 424
Contracts and accounts receivable 18,265 23,224
Due from affiliates 1,218 1,060
Real estate inventories 566,290 416,143
Investment in and advances to unconsolidated joint ventures 34,330 55,824
Other assets 33,452 24,291
Total assets 696,097 644,512
Liabilities and equity    
Accounts payable 39,391 23,722
Accrued expenses and other liabilities 29,028 38,054
Unsecured revolving credit facility 67,500 0
Senior notes, net 320,148 318,656
Total liabilities 456,067 380,432
Commitments and Contingencies
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, 20,058,904 and 20,876,837, shares issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 201 209
Additional paid-in capital 193,132 199,474
Retained earnings 46,621 64,307
Total stockholders' equity 239,954 263,990
Non-controlling interest in subsidiary 76 90
Total equity 240,030 264,080
Total liabilities and equity $ 696,097 $ 644,512