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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 78,011 $ 316,310
Cash held in escrow 82,494 52,297
Accounts receivable 58,755 41,932
Inventories 3,002,338 2,456,614
Mortgage loans held for sale 216,367 353,063
Prepaid expenses and other assets 257,715 200,087
Property and equipment, net 27,304 24,939
Deferred tax assets, net 19,356 21,239
Goodwill 30,395 30,395
Total assets 3,772,735 3,496,876
Liabilities:    
Accounts payable 117,390 84,679
Accrued expenses and other liabilities 344,549 316,877
Notes payable 1,009,631 998,936
Revolving line of credit 141,000
Mortgage repurchase facilities 209,001 331,876
Total liabilities 1,821,571 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, 32,273,160 and 33,760,940 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 323 338
Additional paid-in capital 596,727 697,845
Retained earnings 1,354,114 1,066,325
Total stockholders' equity 1,951,164 1,764,508
Total liabilities and stockholders' equity $ 3,772,735 $ 3,496,876