Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS:
Cash, cash equivalents and restricted cash	$ 41,931	$ 21,529
Mortgage loans held for sale	119,665	169,651
Inventory	1,730,788	1,674,460
Property and equipment - net	28,392	29,395
Investment in joint venture arrangements	40,736	35,870
Operating lease right-of-use assets	20,603	0
Deferred income tax asset	13,146	13,482
Goodwill	16,400	16,400
Other assets	60,117	60,794
Total assets	2,071,778	2,021,581
LIABILITIES:
Accounts payable	132,935	131,511
Customer deposits	36,336	32,055
Operating lease liabilities	20,603	0
Other liabilities	109,169	150,051
Community development district obligations	11,728	12,392
Obligation for consolidated inventory not owned	15,920	19,308
Notes payable bank - homebuilding operations	218,800	117,400
Notes payable bank - financial service operations	104,026	153,168
Notes payable - other	5,937	5,938
Senior notes due 2021 - net	298,160	297,884
Senior notes due 2025 - net	246,702	246,571
TOTAL LIABILITIES	1,200,316	1,166,278
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Common shares - $.01 par value; authorized 58,000,000 shares at both March 31, 2019 and December 31, 2018; issued 30,137,141 shares at both March 31, 2019 and December 31, 2018	301	301
Additional paid-in capital	328,580	330,517
Retained earnings	598,715	580,992
Treasury shares - at cost - 2,568,315 and 2,620,923 shares at March 31, 2019 and December 31, 2018, respectively	(56,134)	(56,507)
TOTAL SHAREHOLDERS' EQUITY	871,462	855,303
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,071,778	$ 2,021,581