Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS:
Cash, cash equivalents and restricted cash	$ 20,393	$ 21,529
Mortgage loans held for sale	123,909	169,651
Inventory	1,763,479	1,674,460
Property and equipment - net	28,094	29,395
Investment in joint venture arrangements	41,344	35,870
Operating lease right-of-use assets	19,397	0
Deferred income tax asset	12,594	13,482
Goodwill	16,400	16,400
Other assets	63,596	60,794
Total assets	2,089,206	2,021,581
LIABILITIES:
Accounts payable	154,070	131,511
Customer deposits	38,048	32,055
Operating lease liabilities	19,397	0
Other liabilities	120,813	150,051
Community development district obligations	10,866	12,392
Obligation for consolidated inventory not owned	13,109	19,308
Notes payable bank - homebuilding operations	174,300	117,400
Notes payable bank - financial service operations	104,003	153,168
Notes payable - other	5,092	5,938
Senior notes due 2021 - net	298,436	297,884
Senior notes due 2025 - net	246,832	246,571
TOTAL LIABILITIES	1,184,966	1,166,278
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Common shares - $.01 par value; authorized 58,000,000 shares at both June 30, 2019 and December 31, 2018; issued 30,137,141 shares at both June 30, 2019 and December 31, 2018	301	301
Additional paid-in capital	330,052	330,517
Retained earnings	628,961	580,992
Treasury shares - at cost - 2,519,775 and 2,620,923 shares at June 30, 2019 and December 31, 2018, respectively	(55,074)	(56,507)
TOTAL SHAREHOLDERS' EQUITY	904,240	855,303
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,089,206	$ 2,021,581