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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 98,203 $ 316,310
Cash held in escrow 83,952 52,297
Accounts receivable 41,955 41,932
Inventories 3,107,734 2,456,614
Mortgage loans held for sale 194,123 353,063
Prepaid expenses and other assets 259,379 200,087
Property and equipment, net 30,450 24,939
Deferred tax assets, net 33,873 21,239
Goodwill 30,395 30,395
Total assets 3,880,064 3,496,876
Liabilities:    
Accounts payable 94,054 84,679
Accrued expenses and other liabilities 337,415 316,877
Notes payable 1,016,548 998,936
Revolving line of credit 165,000
Mortgage repurchase facilities 195,047 331,876
Total liabilities 1,808,064 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, 31,772,335 and 33,760,940 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 318 338
Additional paid-in capital 579,697 697,845
Retained earnings 1,491,985 1,066,325
Total stockholders' equity 2,072,000 1,764,508
Total liabilities and stockholders' equity $ 3,880,064 $ 3,496,876