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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS:    
Cash, Cash Equivalents, and Restricted Cash $ 311,542 $ 236,368
Mortgage loans Held-for-sale 242,539 275,655
Inventory 2,828,602 2,452,434
Property and equipment - net 37,446 37,648
Investment in joint venture arrangements 51,554 57,121
Operating Lease, Right-of-Use Asset 60,416 50,950
Deferred Income Tax Assets, Net 18,019 10,251
Goodwill 16,400 16,400
Other assets 148,405 103,026
TOTAL ASSETS 3,714,923 3,239,853
LIABILITIES:    
Accounts payable 228,597 244,505
Customer deposits 93,118 107,864
Operating Lease, Liability 61,310 51,497
Other liabilities 276,217 226,969
Community Development District Obligation 29,701 20,089
Obligation for consolidated inventory not owned 17,048 2,768
Notes payable bank - homebuilding operations 0  
Notes payable bank - financial services operations 245,741 266,160
Notes payable - other 0 4,549
Senior Notes due 2028 - net 396,105 395,331
Senior Notes due 2030 - net 296,361 295,937
TOTAL LIABILITIES 1,644,198 1,615,669
Commitments and contingencies (Note 8) 0 0
SHAREHOLDERS' EQUITY:    
Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2022 and 2021; issued 30,137,141 shares at both December 31, 2022 and 2021 301 301
Additional paid-in capital 352,639 347,452
Retained earnings 1,835,983 1,345,321
Treasury shares - at cost - 2,697,058 and 1,637,511 shares at December 31, 2022 and 2021, respectively (118,198) (68,890)
TOTAL SHAREHOLDERS' EQUITY 2,070,725 1,624,184
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,714,923 $ 3,239,853