Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 336,786	$ 29,450
Cash held in escrow	25,980	20,044
Accounts receivable	8,209	5,729
Inventories	926,992	857,885
Mortgage loans held for sale	11,235
Prepaid expenses and other assets	42,220	40,457
Property and equipment, net	12,141	11,412
Investment in unconsolidated subsidiaries	18,356	18,275
Amortizable intangible assets, net	2,222	2,911
Goodwill	21,365	21,365
Total Assets	1,405,506	1,007,528
Liabilities:
Accounts payable	4,324	15,708
Accrued expenses and other liabilities	91,832	62,314
Deferred tax liability, net	123	1,782
Senior and other notes payable	776,849	259,088
Revolving line of credit		195,000
Mortgage repurchase facility	10,551
Total liabilities	883,679	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, 22,648,968 and 21,620,544 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	226	216
Additional paid-in capital	380,118	355,567
Retained earnings	141,483	117,853
Total stockholders' equity	521,827	473,636
Total liabilities and stockholders' equity	$ 1,405,506	$ 1,007,528