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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and equivalents $ 272,683 $ 698,882
Restricted cash 33,485 24,366
Total cash, cash equivalents, and restricted cash 306,168 723,248
House and land inventory 7,147,130 6,770,655
Land held for sale 68,384 31,728
Residential mortgage loans available-for-sale 570,600 539,496
Investments in unconsolidated entities 62,957 51,447
Other assets 745,123 857,426
Intangible assets 140,992 154,792
Deferred tax assets, net 645,295 1,049,408
Total assets 9,686,649 10,178,200
Liabilities:    
Accounts payable, including book overdrafts of $72,800 and $99,690 in 2017 and 2016, respectively 393,815 405,455
Customer deposits 250,779 187,891
Accrued and other liabilities 1,356,333 1,429,712
Income tax liabilities 86,925 34,860
Financial Services debt 437,804 331,621
Notes payable 3,006,967 3,129,298
Total liabilities 5,532,623 5,518,837
Shareholders’ equity:    
Preferred shares, $0.01 par value; 25,000,000 shares authorized, none issued 0 0
Common shares, $0.01 par value; 500,000,000 shares authorized, 286,752,436 and 319,089,720 shares issued and outstanding at December 31, 2017 and 2016, respectively 2,868 3,191
Additional paid-in capital 3,171,542 3,116,490
Accumulated other comprehensive loss (445) (526)
Retained earnings 980,061 1,540,208
Total shareholders’ equity 4,154,026 4,659,363
Total liabilities and shareholders' equity $ 9,686,649 $ 10,178,200