Homebuilding Accrued and Other Liabilities and Financial Services Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2025

Accounts Payable and Accrued Liabilities [Abstract]

Homebuilding Accrued and Other Liabilities and Financial Services Accounts Payable and Accrued Liabilities

Homebuilding Accrued and Other Liabilities and Financial Services Accounts Payable and Accrued Liabilities

The following table sets forth information relating to homebuilding accrued and other liabilities:

	June 30, 2025		December 31, 2024
	(Dollars in thousands)
Accrued compensation and related expenses	$	49,638	$	86,925
Customer and escrow deposits	6,636		5,116
Warranty accrual (Note 11)	54,117		50,753
Lease liability (Note 8)	19,725		16,867
Land development and home construction accruals	21,508		19,303
Accrued interest	30,934		30,934
Construction defect claim reserves (Note 12)	10,342		11,209
Retentions payable	22,494		15,621
Other accrued liabilities	81,029		79,469
Total accrued and other liabilities	$	296,423	$	316,197

The following table sets forth information relating to financial services accounts payable and accrued liabilities:

	June 30, 2025		December 31, 2024
	(Dollars in thousands)
Insurance reserves (Note 12)	$	97,875	$	96,851
Accounts payable and other accrued liabilities	28,797		24,816
Total accounts payable and accrued liabilities	$	126,672	$	121,667