Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents		$ 41,874	$ 42,273
Restricted cash		116	269
Contracts and accounts receivable		16,459	18,265
Due from affiliates		681	1,218
Real estate inventories		563,112	566,290
Investment in and advances to unconsolidated joint ventures		33,032	34,330
Other assets		35,366	33,452
Total assets		690,640	696,097
Liabilities and equity
Accounts payable		20,638	39,391
Accrued expenses and other liabilities		33,332	29,028
Unsecured revolving credit facility		84,000	67,500
Senior notes, net	[1]	315,591	320,148
Total liabilities		453,561	456,067
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, 20,049,113 and 20,058,904, shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively		200	201
Additional paid-in capital		192,169	193,132
Retained earnings		44,634	46,621
Total stockholders' equity		237,003	239,954
Non-controlling interest in subsidiary		76	76
Total equity		237,079	240,030
Total liabilities and equity		$ 690,640	$ 696,097

[1] (1) The carrying value for the Senior Notes, as presented at March 31, 2019, is net of the unamortized discount of $1.5 million, unamortized premium of $1.2 million, and unamortized debt issuance costs of $4.1 million. The carrying value for the Senior Notes, as presented at December 31, 2018, is net of the unamortized discount of $1.7 million, unamortized premium of $1.3 million, and unamortized debt issuance costs of $4.5 million. The unamortized discount, unamortized premium and debt issuance costs are not factored into the estimated fair value.