Other Assets (Tables)

3 Months Ended

Mar. 31, 2025

Other Assets [Abstract]

Summary of Other Assets

Other assets as of March 31, 2025 and December 31, 2024 were as follows:

	March 31,		December 31,
(in thousands)	2025		2024
Earnest deposits and prepaid due diligence costs (1)	$	6,858	$	-
Deferred financing costs (2)		9,420		-
Other receivables (3)		425		-
Total other assets	$	16,703	$	-

(1) Includes earnest deposits for Rausch land acquisition of $5.8 million, due diligence costs for Rausch land acquisition of $1.8 million, and other

earnest deposit reductions of $0.7 million.

(2) Deferred financing costs for Revolving Credit Facility.

(3) Other receivables from Lennar.