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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 209,046 $ 316,310
Cash held in escrow 45,212 52,297
Accounts receivable 46,038 41,932
Inventories 2,680,195 2,456,614
Mortgage loans held for sale 198,985 353,063
Prepaid expenses and other assets 236,567 200,087
Property and equipment, net 27,791 24,939
Deferred tax assets, net 21,272 21,239
Goodwill 30,395 30,395
Total assets 3,495,501 3,496,876
Liabilities:    
Accounts payable 91,520 84,679
Accrued expenses and other liabilities 370,130 316,877
Notes payable 1,010,961 998,936
Revolving line of credit
Mortgage repurchase facilities 193,028 331,876
Total liabilities 1,665,639 1,732,368
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, 33,038,361 and 33,760,940 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 330 338
Additional paid-in capital 627,447 697,845
Retained earnings 1,202,085 1,066,325
Total stockholders' equity 1,829,862 1,764,508
Total liabilities and stockholders' equity $ 3,495,501 $ 3,496,876