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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 2,809,782 $ 1,160,804
Inventory:    
Land under development 62,790 69,196
Contract land deposits, net 387,628 413,851
Total assets 5,777,141 3,809,815
LIABILITIES AND SHAREHOLDERS' EQUITY    
Operating Lease, Liability 72,656  
Total liabilities 2,674,067 1,468,571
Commitments and contingencies
Shareholders' equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both December 31, 2017 and December 31, 2016 206 206
Additional paid-in capital 2,214,426 2,055,407
Deferred compensation trust – 108,640 shares of NVR, Inc. common stock as of both December 31, 2017 and December 31, 2016 (16,710) (16,912)
Deferred compensation liability 16,710 16,912
Retained earnings 8,811,120 7,909,872
Less treasury stock at cost – 16,864,324 and 16,862,327 shares as of December 31, 2017 and December 31, 2016, respectively (7,922,678) (7,624,241)
Total shareholders' equity 3,103,074 2,341,244
Total liabilities and shareholders' equity 5,777,141 3,809,815
Home Building    
ASSETS    
Cash and cash equivalents 2,714,720 1,110,892
Restricted cash 28,912 17,943
Receivables 18,299 18,278
Inventory:    
Lots and housing units, covered under sales agreements with customers 1,484,936 1,075,420
Unsold lots and housing units 123,197 184,352
Land under development 62,790 69,196
Building materials and other 38,159 18,320
Total Inventory 1,709,082 1,347,288
Contract land deposits, net 387,628 413,851
Property, plant and equipment, net 57,786 52,260
Operating Lease, Right-of-Use Asset 53,110 63,825
Goodwill acquired from business acquisition 41,580 41,580
Deferred tax assets, net 132,980 115,731
Other assets 70,419 60,413
Total assets 5,214,516 3,242,061
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 339,867 262,987
Accrued expenses and other liabilities 440,671 346,035
Contract with Customer, Liability 240,758 131,886
Operating Lease, Liability 59,357 71,095
Senior notes 1,517,395 598,301
Total liabilities 2,598,048 1,410,304
Mortgage Banking    
ASSETS    
Cash and cash equivalents 63,547 29,412
Restricted cash 2,334 2,276
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance 449,760 492,125
Inventory:    
Property, plant and equipment, net 4,544 5,828
Operating Lease, Right-of-Use Asset 12,439 13,345
Goodwill acquired from business acquisition 7,347 7,347
Other assets 22,654 17,421
Total assets 562,625 567,754
LIABILITIES AND SHAREHOLDERS' EQUITY    
Operating Lease, Liability 13,299 14,282
Accounts payable and other liabilities 62,720 43,985
Total liabilities $ 76,019 $ 58,267