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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS:    
Cash, Cash Equivalents, and Restricted Cash $ 260,810 $ 6,083
Mortgage loans Held-for-sale 234,293 155,244
Inventory 1,916,608 1,769,507
Property and equipment - net 26,612 22,118
Investment in joint venture arrangements 34,673 37,885
Operating Lease, Right-of-Use Asset 52,291 18,415
Deferred Income Tax Assets, Net 6,183 9,631
Goodwill 16,400 16,400
Other assets 95,175 70,311
TOTAL ASSETS 2,643,045 2,105,594
LIABILITIES:    
Accounts payable 185,669 125,026
Customer deposits 72,635 34,462
Operating Lease, Liability 52,474 18,415
Other liabilities 183,583 147,937
Community Development District Obligation 8,196 13,531
Obligation for consolidated inventory not owned 9,914 7,934
Notes payable bank - homebuilding operations 0 66,000
Notes payable bank - financial services operations 225,634 136,904
Notes payable - other 4,072 5,828
Senior notes due 2021 - net 0 298,988
Senior notes due 2025 - net 247,613 247,092
Senior Notes Due 2028 394,557 0
TOTAL LIABILITIES 1,384,347 1,102,117
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2020 and 2019; issued 30,137,141 shares at both December 31, 2020 and 2019 301 301
Additional paid-in capital 339,001 332,861
Retained earnings 948,453 708,579
Treasury shares - at cost - 1,323,292 and 1,750,685 shares at December 31, 2020 and 2019, respectively (29,057) (38,264)
TOTAL SHAREHOLDERS' EQUITY 1,258,698 1,003,477
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,643,045 $ 2,105,594