Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 450,973	$ 55,436
Cash held in escrow	22,497	35,308
Accounts receivable	23,087	27,438
Inventories	2,074,509	1,995,549
Mortgage loans held for sale	141,846	185,246
Prepaid expenses and other assets	121,017	124,008
Property and equipment, net	35,004	35,998
Deferred tax assets, net	11,110	10,589
Goodwill	30,395	30,395
Total assets	2,910,438	2,499,967
Liabilities:
Accounts payable	40,170	84,794
Accrued expenses and other liabilities	230,875	213,975
Notes payable	899,166	896,704
Revolving line of credit	521,900	68,700
Mortgage repurchase facilities	133,794	174,095
Total liabilities	1,825,905	1,438,268
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, 33,319,125 and 33,067,375 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	333	331
Additional paid-in capital	681,060	684,354
Retained earnings	403,140	377,014
Total stockholders' equity	1,084,533	1,061,699
Total liabilities and stockholders' equity	$ 2,910,438	$ 2,499,967