Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 288,341	$ 55,436
Cash held in escrow	26,275	35,308
Accounts receivable	28,855	27,438
Inventories	1,872,337	1,995,549
Mortgage loans held for sale	187,494	185,246
Prepaid expenses and other assets	113,339	124,008
Property and equipment, net	31,550	35,998
Deferred tax assets, net	12,775	10,589
Goodwill	30,395	30,395
Total assets	2,591,361	2,499,967
Liabilities:
Accounts payable	48,448	84,794
Accrued expenses and other liabilities	288,674	213,975
Notes payable	895,867	896,704
Revolving line of credit		68,700
Mortgage repurchase facilities	173,415	174,095
Total liabilities	1,406,404	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, 33,350,633 and 33,067,375 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	334	331
Additional paid-in capital	693,269	684,354
Retained earnings	491,354	377,014
Total stockholders' equity	1,184,957	1,061,699
Total liabilities and stockholders' equity	$ 2,591,361	$ 2,499,967