Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating activities
Net income	$ 23,630	$ 21,125
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	2,818	2,797
Stock-based compensation expense	3,921	3,463
Deferred income taxes	(1,658)	(554)
Distribution of income from unconsolidated subsidiaries	3,852
Equity in income of unconsolidated subsidiaries	(3,931)
Gain (loss) on disposition of assets	27	(323)
Changes in assets and liabilities:
Cash held in escrow	(5,936)	(87)
Accounts receivable	(2,480)	(12,145)
Inventories	(51,383)	(49,841)
Prepaid expenses and other assets	771	1,173
Accounts payable	(11,384)	1,083
Accrued expenses and other liabilities	13,102	(20)
Mortgage loans held for sale	(11,235)
Net cash used in operating activities	(39,886)	(33,329)
Investing activities
Purchases of property and equipment	(2,885)	(4,944)
Proceeds from sale of assets		961
Issuance of notes receivable	(3,000)
Proceeds from secured note receivable	50	48
Net cash used in investing activities	(5,835)	(3,935)
Financing activities
Borrowings under revolving credit facilities	75,000	90,000
Payments on revolving credit facilities	(270,000)	(65,000)
Proceeds from issuance of senior notes	523,000
Principal payments on notes payable	(2,541)	(3,042)
Debt issuance costs	(3,593)
Net proceeds from mortgage repurchase facility	10,551
Net proceeds from issuances of common stock	24,333
Repurchases of common stock upon vesting of restricted stock awards	(3,693)	(904)
Repurchases of common stock under our stock repurchase program		(2,393)
Net cash provided by financing activities	353,057	18,661
Net decrease in cash and cash equivalents	307,336	(18,603)
Cash and cash equivalents, Beginning of period	29,450	29,287
Cash and cash equivalents, End of period	336,786	10,684
Supplemental cash flow disclosure
Cash paid for income taxes	$ 5,257	$ 15,259