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Fair Value Disclosures Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis
Our assets and liabilities measured or disclosed at fair value are summarized below ($000’s omitted): 
Financial Instrument
 
Fair Value
Hierarchy
 
Fair Value
June 30,
2020
 
December 31,
2019
 
 
 
 
 
 
 
Measured at fair value on a recurring basis:
 
 
 
 
 
 
Residential mortgage loans available-for-sale
 
Level 2
 
$
394,288

 
$
508,967

Interest rate lock commitments
 
Level 2
 
18,123

 
8,202

Forward contracts
 
Level 2
 
(3,388
)
 
(1,073
)
Whole loan commitments
 
Level 2
 
(1,615
)
 
596

 
 
 
 
 
 
 
Measured at fair value on a non-recurring basis:
 
 
 
 
 
 
House and land inventory
 
Level 3
 
$

 
$
9,979

Land held for sale
 
Level 2
 

 
4,193

 
 
 
 
 
 
 
Disclosed at fair value:
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
 
Level 1
 
$
1,697,796

 
$
1,251,456

Financial Services debt
 
Level 2
 
256,359

 
326,573

Senior notes payable
 
Level 2
 
3,025,505

 
3,098,665

Other notes payable
 
Level 2
 
58,686

 
53,381