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, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 520,395 $ 618,335
Other receivables 155,380 147,548
Real estate 4,027,950 3,734,408
Real estate not owned 8,011 8,011
Deposits on real estate under option or contract 93,432 90,679
Investments in unconsolidated entities 5,631 5,764
Property and equipment, net 38,299 37,340
Deferred tax assets, net 40,515 40,672
Prepaids, other assets and goodwill 168,548 124,776
Total assets 5,058,161 4,807,533
Liabilities    
Accounts payable 280,114 216,009
Accrued liabilities 388,921 337,277
Home sale deposits 48,278 42,610
Liabilities related to real estate not owned 7,210 7,210
Loans payable and other borrowings 22,561 17,552
Senior notes, net 1,142,762 1,142,486
Total liabilities 1,889,846 1,763,144
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at March 31, 2022 and December 31, 2021 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,695,048 and 37,340,855 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 367 373
Additional paid-in capital 321,519 414,841
Retained earnings 2,846,429 2,629,175
Total stockholders’ equity 3,168,315 3,044,389
Total liabilities and stockholders’ equity $ 5,058,161 $ 4,807,533