Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating activities
Net income	$ 33,100	$ 34,467
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	5,073	4,215
Stock-based compensation expense	6,521	5,058
Deferred income taxes	(2,766)	(3,807)
Distribution of income from unconsolidated subsidiaries	5,246
Equity in income of unconsolidated subsidiaries	(7,648)
(Gain) loss on disposition of assets	202	(468)
Changes in assets and liabilities:
Cash held in escrow	(22,218)	(15,932)
Accounts receivable	(7,493)	389
Inventories	(95,065)	(85,560)
Prepaid expenses and other assets	(16,637)	(11,189)
Accounts payable	(8,026)	7,172
Accrued expenses and other liabilities	9,027	4,255
Mortgage loans held for sale	(30,071)
Net cash used in operating activities	(130,755)	(61,400)
Investing activities
Purchases of property and equipment	(5,867)	(6,375)
Business combination net of acquired cash	(77,457)
Proceeds from sale of assets	52	1,302
Proceeds from sale of South Carolina operations	17,074
Proceeds from secured note receivable	76	73
Net cash used in investing activities	(66,122)	(5,000)
Financing activities
Borrowings under revolving credit facilities	75,000	145,000
Payments on revolving credit facilities	(270,000)	(90,000)
Proceeds from issuance of senior notes	523,000
Proceeds from issuance of insurance premium notes		11,612
Principal payments on notes payable	(4,735)	(7,582)
Repayment of debt assumed in business combination	(151,919)
Debt issuance costs	(3,731)	(1,156)
Net proceeds from mortgage credit facility	27,465
Net proceeds from issuances of common stock	35,010
Repurchases of common stock upon vesting of restricted stock awards	(4,141)	(1,014)
Repurchases of common stock under our stock repurchase program		(2,393)
Net cash provided by financing activities	225,949	54,467
Net decrease in cash and cash equivalents	29,072	(11,933)
Cash and cash equivalents, Beginning of period	29,450	29,287
Cash and cash equivalents, End of period	58,522	17,354
Supplemental cash flow disclosure
Cash paid for income taxes	$ 21,657	$ 20,557