Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2025

Other Liabilities Disclosure [Abstract]

Summary of Other Liabilities

Other liabilities as of June 30, 2025 and December 31, 2024 were as follows:

	June 30,		December 31,
(in thousands)	2025		2024
Dividend payable (1)	$	114,542	$	-
Seller notes payable (2)		13,000		-
Accrued interest payable (3)		2,571		-
Income tax payable (4)		1,397		-
Other accrued liabilities		250		-
Total other liabilities	$	131,760	$	-

(1) Payable for dividend declared by the Company on June 16, 2025, and paid on July 15, 2025. See Note 10.

(2) Loan payable to lender specific to a community acquired from Lennar.

(3) Accrued interest payable for Revolving Credit Facility of $1.4 million and DDTL Credit Agreement of $1.2 million.

(4) State income tax payable.