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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Assets      
Cash and cash equivalents $ 110,113,000 $ 30,496,000 $ 45,874,000
Restricted cash 209,000 585,000 380,000
Contracts and accounts receivable 25,682,000 27,833,000 23,960,000
Due from affiliates 456,000 1,138,000 979,000
Real estate inventories 321,994,000 286,928,000 200,636,000
Investment in and advances to unconsolidated joint ventures 54,204,000 50,857,000 60,572,000
Other assets 25,107,000 21,299,000 18,869,000
Total assets 537,765,000 419,136,000 351,270,000
Liabilities and equity      
Accounts payable 38,082,000 33,094,000 26,371,000
Accrued expenses and other liabilities 12,439,000 23,418,000 19,827,000
Due to Related Parties 0 0 293,000
Unsecured revolving credit facility 0 118,000,000 74,924,000
Long-term Debt 241,738,000 118,000,000 83,082,000
Notes Payable   0 8,158,000
Senior notes, net 241,738,000 [1] 0  
Total liabilities 292,259,000 174,512,000 129,573,000
Stockholders' equity:      
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares outstanding 0 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized, 20,875,666 and 20,712,166, shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 209,000 207,000 205,000
Additional paid-in capital 197,205,000 197,161,000 194,437,000
Retained earnings 48,001,000 47,155,000 26,133,000
Total stockholders' equity 245,415,000 244,523,000 220,775,000
Noncontrolling interest in subsidiary 91,000 101,000 922,000
Total equity 245,506,000 244,624,000 221,697,000
Total liabilities and equity $ 537,765,000 $ 419,136,000 $ 351,270,000
[1] (1) The carrying value for the Senior Notes, as presented, is net of the unamortized discount of $2.6 million and $5.7 million of debt issuance costs. The unamortized discount and debt issuance costs are not factored into the estimated fair value.