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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS:    
Cash, Cash Equivalents, and Restricted Cash $ 236,368 $ 260,810
Mortgage loans Held-for-sale 275,655 234,293
Inventory 2,452,434 1,916,608
Property and equipment - net 37,648 26,612
Investment in joint venture arrangements 57,121 34,673
Operating Lease, Right-of-Use Asset 50,950 52,291
Deferred Income Tax Assets, Net 10,251 6,183
Goodwill 16,400 16,400
Other assets 103,026 95,175
TOTAL ASSETS 3,239,853 2,643,045
LIABILITIES:    
Accounts payable 244,505 185,669
Customer deposits 107,864 72,635
Operating Lease, Liability 51,497 52,474
Other liabilities 226,969 183,583
Community Development District Obligation 20,089 8,196
Obligation for consolidated inventory not owned 2,768 9,914
Notes payable bank - homebuilding operations 0  
Notes payable bank - financial services operations 266,160 225,634
Notes payable - other 4,549 4,072
Senior Notes due 2025 - net 0 247,613
Senior Notes due 2028 - net 395,331 394,557
Senior Notes due 2030 - net 295,937 0
TOTAL LIABILITIES 1,615,669 1,384,347
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2021 and 2020; issued 30,137,141 shares at both December 31, 2021 and 2020 301 301
Additional paid-in capital 347,452 339,001
Retained earnings 1,345,321 948,453
Treasury shares - at cost - 1,637,511 and 1,323,292 shares at December 31, 2021 and 2020, respectively (68,890) (29,057)
TOTAL SHAREHOLDERS' EQUITY 1,624,184 1,258,698
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,239,853 $ 2,643,045