Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 131,702 $ 262,208
Other receivables 70,355 57,296
Real estate 2,422,063 2,098,302
Deposits on real estate under option or contract 85,556 87,839
Investments in unconsolidated entities 17,097 11,370
Property and equipment, net 33,202 33,970
Deferred tax asset 53,320 59,147
Prepaids, other assets and goodwill 75,396 69,645
Total assets 2,888,691 2,679,777
Liabilities    
Accounts payable 140,682 106,440
Accrued liabilities 170,852 161,163
Home sale deposits 28,348 36,197
Loans payable and other borrowings 32,195 23,867
Senior and convertible senior notes, net 1,095,119 1,093,173
Total liabilities 1,467,196 1,420,840
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2016 and 2015 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; issued 40,030,518 and 39,669,094 shares at December 31, 2016 and 2015, respectively 400 397
Additional paid-in capital 572,506 559,492
Retained earnings 848,589 699,048
Total stockholders’ equity 1,421,495 1,258,937
Total liabilities and stockholders’ equity $ 2,888,691 $ 2,679,777