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Segment Disclosures (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Revenues
The following tables present certain segment financial data with reconciliations to the amounts reported for the consolidated company, where applicable:
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Revenues:
Homebuilding Mid Atlantic$1,039,957 $1,147,893 $3,251,066 $3,299,047 
Homebuilding North East291,753 300,448 889,508 843,452 
Homebuilding Mid East508,798 501,190 1,371,160 1,352,137 
Homebuilding South East719,835 728,109 1,947,321 2,017,072 
Mortgage Banking49,162 55,311 152,296 167,163 
Total consolidated revenues$2,609,505 $2,732,951 $7,611,351 $7,678,871 

 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Segment cost of sales:
Homebuilding Mid Atlantic$(796,238)$(859,762)$(2,481,372)$(2,468,953)
Homebuilding North East(215,063)(222,197)(655,666)(621,623)
Homebuilding Mid East(398,371)(387,102)(1,082,109)(1,049,160)
Homebuilding South East(590,149)(568,679)(1,582,472)(1,557,935)

 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Segment selling, general & administrative expense:
Homebuilding Mid Atlantic$(37,832)$(38,448)$(112,559)$(113,287)
Homebuilding North East(12,373)(11,477)(34,907)(34,180)
Homebuilding Mid East(21,215)(20,917)(61,645)(59,185)
Homebuilding South East(40,598)(36,797)(119,526)(102,426)
Mortgage Banking
(21,910)(25,106)(70,633)(71,971)

Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Corporate capital allocation charge:
Homebuilding Mid Atlantic$(38,204)$(35,976)$(112,350)$(104,872)
Homebuilding North East(12,383)(10,578)(34,275)(30,456)
Homebuilding Mid East(12,917)(11,929)(36,157)(32,850)
Homebuilding South East(33,058)(28,006)(93,305)(77,866)
Total$(96,562)$(86,489)$(276,087)$(246,044)
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Other segment items, net:
Homebuilding Mid Atlantic$458 $425 $1,579 $1,327 
Homebuilding North East30 50 379 283 
Homebuilding Mid East136 143 520 432 
Homebuilding South East842 462 2,102 2,091 
Mortgage Banking (1)
5,954 5,951 16,074 16,854 
(1) This item relates primarily to interest income received on mortgage loans closed and mortgage loans held for sale.
Profit before Taxes
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Segment profit:
Homebuilding Mid Atlantic$168,141 $214,132 $546,364 $613,262 
Homebuilding North East51,964 56,246 165,039 157,476 
Homebuilding Mid East76,431 81,385 191,769 211,374 
Homebuilding South East56,872 95,089 154,120 280,936 
Mortgage Banking33,206 36,156 97,737 112,046 
Total segment profit
386,614 483,008 1,155,029 1,375,094 
Reconciling items:
Contract land deposit allowance adjustment (2)
(18,634)(3,079)(39,904)5,712 
Equity-based compensation expense (3)
(17,356)(19,223)(53,695)(54,465)
Corporate capital allocation (4)
96,562 86,489 276,087 246,044 
Unallocated corporate overhead(26,359)(36,780)(116,692)(122,300)
Consolidation adjustments and other (5)
10,433 2,575 27,903 6,666 
Corporate interest income
19,654 32,409 65,129 106,173 
Corporate interest expense
(6,841)(6,787)(20,647)(20,052)
Reconciling items sub-total57,459 55,604 138,181 167,778 
Consolidated profit before taxes
$444,073 $538,612 $1,293,210 $1,542,872 
(2) This item represents changes to the contract land deposit impairment allowance, which are not allocated to the reportable segments. See further discussion of lot deposit impairment charges in Note 2.
(3) This item represents compensation expense for all Option and RSU grants.
(4) This item represents the elimination of the corporate capital allocation charge included in the respective homebuilding reportable segments.  The corporate capital allocation charge is based on the segment’s monthly average asset balance.
(5) The consolidation adjustments and other in each period are primarily attributable to changes in units under construction period over period, and any significant changes in material costs, primarily lumber. Our reportable segments' results include the intercompany profits of our production facilities for home packages delivered to our homebuilding divisions. Costs related to homes not yet settled are reversed through the consolidation adjustment and recorded in inventory. These costs are subsequently recorded through the consolidation adjustment when the respective homes are settled.
Assets
 September 30, 2025December 31, 2024
Assets:
Homebuilding Mid Atlantic$1,374,865 $1,337,659 
Homebuilding North East414,759 368,300 
Homebuilding Mid East442,667 396,854 
Homebuilding South East1,068,526 914,318 
Mortgage Banking487,877 485,409 
Total segment assets3,788,694 3,502,540 
Reconciling items (1):
Cash and cash equivalents1,932,167 2,561,339 
Deferred taxes150,262 142,192 
Reorganization value and goodwill
49,368 49,368 
Operating lease right-of-use assets87,116 78,340 
Finance lease right-of-use assets38,516 37,638 
Contract land deposit allowance
(85,368)(58,597)
Consolidation adjustments and other74,703 68,168 
Reconciling items sub-total2,246,764 2,878,448 
Consolidated assets$6,035,458 $6,380,988