Quarterly report pursuant to Section 13 or 15(d)

OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details)

v3.22.1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information [Line Items]    
Corporate and unallocated costs $ (39,995) $ (37,949)
Interest expense (41) (90)
Other (expense)/ income, net (317) 798
Earnings before income taxes 285,883 165,977
Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 41,478 3,799
Operating Income 289,664 171,423
Operating Segments [Member] | Financial Services [Member]    
Segment Reporting Information [Line Items]    
Operating Income 3,334 3,760
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Operating Income 120,856 64,251
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Operating Income 75,260 56,993
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Operating Income 93,548 50,179
Corporate and Unallocated [Member]    
Segment Reporting Information [Line Items]    
Corporate and unallocated costs [1] (6,757) (9,914)
Segment Reconciling Items [Member]    
Segment Reporting Information [Line Items]    
Interest expense (41) (90)
Other (expense)/ income, net (317) 798
Real Estate [Member]    
Segment Reporting Information [Line Items]    
Revenue 1,286,934 1,083,781
Real Estate [Member] | Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue [2] 1,286,934 1,083,781
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 494,506 393,430
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 355,624 322,184
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] $ 436,804 $ 368,167
[1] Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.
[2] Homebuilding revenue includes the following land closing revenue, by segment:
Three Months Ended March 31,
2022 2021
Land closing revenue:
West $ 31,082  $ — 
Central 7,796  3,799 
East 2,600  — 
Total $ 41,478  $ 3,799