Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventories:
Housing completed or under construction	$ 1,872,666	$ 1,486,587
Land and land under development	1,309,360	1,345,643
Total inventories	3,182,026	2,832,230
Total Assets	4,458,194	3,864,920
LIABILITIES AND EQUITY
Total Liabilities	2,125,635	1,745,008
Stockholders' Equity
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 250,000,000 shares authorized; 70,619,638 and 64,851,126 issued and outstanding at June 30, 2021 and December 31, 2020, respectively	706	649
Additional paid-in-capital	1,689,689	1,407,597
Retained earnings	642,164	711,666
Total Stockholders' Equity	2,332,559	2,119,912
Total Liabilities and Stockholders' Equity	4,458,194	3,864,920
Homebuilding:
ASSETS
Cash and cash equivalents	638,547	411,362
Restricted cash	14,158	15,343
Trade and other receivables	133,146	72,466
Inventories:
Housing completed or under construction	1,872,666	1,486,587
Land and land under development	1,309,360	1,345,643
Total inventories	3,182,026	2,832,230
Property and equipment, net	59,664	61,880
Deferred tax asset, net	14,793	11,454
Prepaids and other assets	98,066	101,685
Other assets	133	492
Total Assets	4,140,400	3,506,420
LIABILITIES AND EQUITY
Accounts payable	135,712	98,862
Accrued and other liabilities	330,929	300,735
Revolving credit facility	10,000	10,000
Senior notes, net	1,384,714	1,037,391
Total Liabilities	1,861,355	1,446,988
Financial Services:
ASSETS
Cash and cash equivalents	88,654	77,267
Inventories:
Mortgage loans held-for-sale, net	186,086	232,556
Other assets	43,054	48,677
Total Assets	317,794	358,500
LIABILITIES AND EQUITY
Total accounts payable and accrued liabilities	99,599	95,630
Mortgage repurchase facility	164,681	202,390
Total Liabilities	$ 264,280	$ 298,020

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.