Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
OPERATING ACTIVITIES:
Net income	$ 47,969	$ 45,974
Adjustments to reconcile net income to net cash used in operating activities:
Equity in loss (income) from joint venture arrangements	(66)	(224)
Mortgage loan originations	(570,989)	(519,802)
Proceeds from the sale of mortgage loans	615,714	584,700
Fair value adjustment of mortgage loans held for sale	1,017	(1,318)
Capitalization of originated mortgage servicing rights	(1,588)	(2,486)
Amortization of mortgage servicing rights	657	383
Depreciation	5,698	5,278
Amortization of debt discount and debt issue costs	1,352	1,443
Gain on sale of mortgage servicing rights	0	(1,224)
Stock-based compensation expense	2,594	2,730
Deferred income tax expense	888	910
Change in assets and liabilities:
Inventory	(89,853)	(137,689)
Other assets	240	(4,166)
Accounts payable	22,560	13,730
Customer deposits	5,993	10,976
Accrued compensation	(18,486)	(15,467)
Other liabilities	(13,083)	(4,673)
Net cash (used in) provided by operating activities	10,617	(20,925)
INVESTING ACTIVITIES:
Purchase of property and equipment	(1,599)	(4,615)
Return of capital from Investment in joint venture arrangements	150	676
Acquisition, net of cash acquired	0	(100,960)
Investment in joint venture arrangements	(15,281)	(4,321)
Net proceeds from sale of mortgage servicing rights	0	6,335
Net cash provided by (used in) investing activities	(16,730)	(102,885)
FINANCING ACTIVITIES:
Repayments of convertible senior subordinated notes due 2018	0	(65,941)
Proceeds from bank borrowings - homebuilding operations	374,500	353,900
Payments for repurchase of common stock	(5,150)	0
Principal repayments of bank borrowings - homebuilding operations	(317,600)	(172,100)
Net repayment of bank borrowings - financial services operations	(49,165)	(75,032)
Proceeds from (principal repayments of) notes payable-other and CDD bond obligations	(845)	(1,214)
Debt issue costs	(40)	(115)
Proceeds from exercise of stock options	3,277	426
Net cash (used in) provided by financing activities	4,977	39,924
Net increase (decrease) in cash, cash equivalents and restricted cash	(1,136)	(83,886)
Cash, cash equivalents and restricted cash balance at beginning of period	21,529	151,703
Cash, cash equivalents and restricted cash balance at end of period	20,393	67,817
SUPPLEMENTAL DISCLOSURE OF CASH PAID DURING THE YEAR:
Interest — net of amount capitalized	10,585	9,643
Income taxes	13,557	10,176
NON-CASH TRANSACTIONS DURING THE PERIOD
Community development district infrastructure	(1,526)	(1,260)
Consolidated inventory not owned	(6,199)	(6,751)
Distribution of single-family lots from joint venture arrangements	9,723	10,641
Common stock issued for conversion of convertible notes	$ 0	$ 20,309