Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS:
Cash, cash equivalents and restricted cash	$ 94,023	$ 6,083
Mortgage loans held for sale	163,536	155,244
Inventory	1,830,810	1,769,507
Property and equipment - net	21,004	22,118
Investment in joint venture arrangements	45,144	37,885
Operating lease right-of-use assets	51,193	18,415
Goodwill	16,400	16,400
Other assets	96,220	70,311
Total assets	2,327,708	2,105,594
LIABILITIES:
Accounts payable	169,088	125,026
Customer deposits	49,529	34,462
Operating lease liabilities	51,193	18,415
Other liabilities	158,146	147,937
Community development district obligations	11,560	13,531
Obligation for consolidated inventory not owned	11,035	7,934
Notes payable bank - homebuilding operations	0	66,000
Notes payable bank - financial service operations	134,184	136,904
Notes payable - other	7,041	5,828
Senior notes due 2021 - net	0	298,988
Senior notes due 2025 - net	247,353	247,092
Senior notes due 2028 - net	394,174	0
TOTAL LIABILITIES	1,233,303	1,102,117
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Common shares - $0.01 par value; authorized 58,000,000 shares at both June 30, 2020 and December 31, 2019; issued 30,137,141 shares at both June 30, 2020 and December 31, 2019	301	301
Additional paid-in capital	334,261	332,861
Retained earnings	794,833	708,579
Treasury shares - at cost - 1,593,512 and 1,750,685 shares at June 30, 2020 and December 31, 2019, respectively	(34,990)	(38,264)
TOTAL SHAREHOLDERS' EQUITY	1,094,405	1,003,477
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,327,708	2,105,594
Deferred Income Tax Assets, Net	$ 9,378	$ 9,631