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Fair Value Measurements Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2020
Fair Value Measurements [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The table below shows the notional amounts of our financial instruments at September 30, 2020 and December 31, 2019:
Description of Financial Instrument (in thousands)September 30, 2020December 31, 2019
Whole loan contracts and related committed IRLCs$2,924 $1,445 
Uncommitted IRLCs213,146 87,340 
FMBSs related to uncommitted IRLCs186,000 88,000 
Whole loan contracts and related mortgage loans held for sale13,750 6,125 
FMBSs related to mortgage loans held for sale116,000 144,000 
Mortgage loans held for sale covered by FMBSs120,257 144,411 
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following table sets forth the amount of (loss) gain recognized, within our revenue in the Unaudited Condensed Consolidated Statements of Income, on assets and liabilities measured on a recurring basis for the three and nine months ended September 30, 2020 and 2019:
Three Months Ended September 30,Nine Months Ended September 30,
Description (in thousands)2020201920202019
Mortgage loans held for sale$(1,338)$(1,964)$(911)$(2,981)
Forward sales of mortgage-backed securities1,670 2,299 507 3,631 
Interest rate lock commitments(853)(686)704 (258)
Whole loan contracts(20)121 (68)174 
Total (loss) gain recognized$(541)$(230)$232 $566 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following tables set forth the fair value of the Company’s derivative instruments and their location within the Unaudited Condensed Consolidated Balance Sheets for the periods indicated (except for mortgage loans held for sale which are disclosed as a separate line item):
Asset DerivativesLiability Derivatives
September 30, 2020September 30, 2020
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$171 Other liabilities$— 
Interest rate lock commitmentsOther assets1,380 Other liabilities— 
Whole loan contractsOther assets— Other liabilities106 
Total fair value measurements$1,551 $106 

Asset DerivativesLiability Derivatives
December 31, 2019December 31, 2019
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$— Other liabilities$336 
Interest rate lock commitmentsOther assets654 Other liabilities— 
Whole loan contractsOther assets— Other liabilities16 
Total fair value measurements$654 $352 
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the carrying amounts and fair values of the Company’s financial instruments at September 30, 2020 and December 31, 2019. The objective of the fair value measurement is to estimate the price at which an orderly transaction to sell the asset or transfer the liability would take place between market participants at the measurement date under current market conditions.
September 30, 2020December 31, 2019
(In thousands)Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Assets:
Cash, cash equivalents and restricted cashLevel 1$202,512 $202,512 $6,083 $6,083 
Mortgage loans held for saleLevel 2140,046 140,046 155,244 155,244 
Interest rate lock commitmentsLevel 21,380 1,380 654 654 
Forward sales of mortgage-backed securitiesLevel 2171 171 — — 
Liabilities:
Notes payable - homebuilding operationsLevel 2— — 66,000 66,000 
Notes payable - financial services operationsLevel 2136,119 136,119 136,904 136,904 
Notes payable - otherLevel 25,325 5,016 5,828 5,286 
Senior notes due 2021 (a)
Level 2— — 300,000 299,250 
Senior notes due 2025 (a)
Level 2250,000 258,125 250,000 261,563 
Senior notes due 2028 (a)
Level 2400,000 412,000 — — 
Whole loan contracts for committed IRLCs and mortgage loans held for saleLevel 2106 106 16 16 
Forward sales of mortgage-backed securitiesLevel 2— — 336 336 
(a)Our senior notes are stated at the principal amount outstanding which does not include the impact of premiums, discounts, and debt issuance costs that are amortized to interest cost over the respective terms of the notes.