Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Property, Plant and Equipment [Table Text Block]

Following are the major classes of depreciable assets and their estimated useful lives:

	Year Ended December 31,
(In thousands)	2020		2019
Office furnishings, leasehold improvements, computer equipment and computer software	$	37,567	$	28,207
Transportation and construction equipment	10,045		10,061
Property and equipment	47,612		38,268
Accumulated depreciation	(21,000)		(16,150)
Property and equipment, net	$	26,612	$	22,118

	Estimated Useful Lives
Office furnishings, leasehold improvements, computer equipment and computer software	3-7 years
Transportation and construction equipment	5-25 years

Schedule of Other Assets [Table Text Block]

Other assets at December 31, 2020 and 2019 consisted of the following:

	Year Ended December 31,
(In thousands)	2020		2019
Development reimbursement receivable from local municipalities	$	22,237	$	16,083
Mortgage servicing rights	9,237		9,614
Prepaid expenses	15,918		13,841
Prepaid acquisition costs	10,092		5,688
Other	37,691		25,085
Total other assets	$	95,175	$	70,311

Other Liabilities [Table Text Block]

Other liabilities at December 31, 2020 and 2019 consisted of the following:

	Year Ended December 31,
(In thousands)	2020		2019
Accruals related to land development	$	64,580	$	48,694
Warranty	29,012		26,420
Payroll and other benefits	44,330		35,125
Other	45,661		37,698
Total other liabilities	$	183,583	$	147,937

Disaggregation of Revenue [Table Text Block]

The following table presents our revenues disaggregated by revenue source:

	Year Ended December 31,
(Dollars in thousands)	2020		2019		2018
Housing	$	2,939,962	$	2,420,348	$	2,217,197
Land sales	19,170		24,619		16,889
Financial services (a)	87,013		55,323		52,196
Total revenue	$	3,046,145	$	2,500,290	$	2,286,282

(a)Revenues include hedging losses of $19.0 million and $12.1 million for the years ended December 31, 2020 and 2019, respectively, and hedging gains of $3.6 million for the year ended December 31, 2018. Hedging gains (losses) do not represent revenues recognized from contracts with customers.