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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 23,465 $ 29,450
Cash held in escrow 17,216 20,044
Accounts receivable 7,037 5,729
Inventories 884,072 857,885
Prepaid expenses and other assets 40,259 40,457
Property and equipment, net 11,365 11,412
Investment in unconsolidated subsidiaries 18,680 18,275
Amortizable intangible assets, net 2,567 2,911
Goodwill 21,365 21,365
Total Assets 1,026,026 1,007,528
Liabilities:    
Accounts payable 8,280 15,708
Accrued expenses and other liabilities 72,883 62,314
Deferred tax liability, net 450 1,782
Notes payable and revolving line of credit 447,948 454,088
Total liabilities 529,561 533,892
Stockholders' equity:    
Preferred Stock, $0.01 par value, 50,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 22,291,222 and 21,620,544 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 223 216
Additional paid-in capital 369,590 355,567
Retained earnings 126,652 117,853
Total stockholders' equity 496,465 473,636
Total liabilities and stockholders' equity $ 1,026,026 $ 1,007,528