Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 905,298 $ 921,227
Other receivables 243,322 266,972
Real estate 4,914,512 4,721,291
Deposits on real estate under option or contract 122,813 111,364
Investments in unconsolidated entities 18,743 17,170
Property and equipment, net 47,868 48,953
Deferred tax assets, net 47,000 47,573
Prepaids, other assets and goodwill 189,749 218,584
Total assets 6,489,305 6,353,134
Liabilities    
Accounts payable 306,150 271,650
Accrued liabilities 418,216 424,764
Home sale deposits 42,796 36,605
Loans payable and other borrowings 6,604 13,526
Senior notes, net 994,966 994,689
Total liabilities 1,768,732 1,741,234
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,319,014 and 36,425,037 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 363 364
Additional paid-in capital 240,852 290,955
Retained earnings 4,479,358 4,320,581
Total stockholders’ equity 4,720,573 4,611,900
Total liabilities and stockholders’ equity $ 6,489,305 $ 6,353,134