Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Balance Sheets

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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 272,147 $ 618,335
Other receivables 171,408 147,548
Real estate 4,474,062 3,734,408
Real estate not owned 8,011 [1] 8,011
Deposits on real estate under option or contract 97,967 90,679
Investments in unconsolidated entities 11,223 5,764
Property and equipment, net 39,030 37,340
Deferred tax assets, net 41,271 40,672
Prepaids, other assets and goodwill 192,604 124,776
Total assets 5,307,723 4,807,533
Liabilities    
Accounts payable 341,717 216,009
Accrued liabilities 326,856 337,277
Home sale deposits 60,820 42,610
Liabilities related to real estate not owned 7,210 7,210
Loans payable and other borrowings 15,613 17,552
Senior notes, net 1,143,038 1,142,486
Total liabilities 1,895,254 1,763,144
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at June 30, 2022 and December 31, 2021 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,566,975 and 37,340,855 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 366 373
Additional paid-in capital 315,590 414,841
Retained earnings 3,096,513 2,629,175
Total stockholders’ equity 3,412,469 3,044,389
Total liabilities and stockholders’ equity $ 5,307,723 $ 4,807,533
[1] Real estate not owned represents a single parcel of land intended for multi-family housing that, once purchased, the Company intends to sell.