Quarterly report pursuant to Section 13 or 15(d)

Note 4 -Investments in Unconsolidated Entities (Tables)

v3.22.2
Note 4 -Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Equity Method Investments [Table Text Block]
   

As of

 
   

June 30, 2022

   

December 31, 2021

 

Assets:

               

Cash

  $ 2,826     $ 7,983  

Real estate

    16,784       7,989  

Other assets

    7,024       3,903  

Total assets

  $ 26,634     $ 19,875  

Liabilities and equity:

               

Accounts payable and other liabilities

  $ 5,990     $ 7,899  

Equity of:

               

Meritage (1)

    10,198       4,752  

Other

    10,446       7,224  

Total liabilities and equity

  $ 26,634     $ 19,875  
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2022

   

2021

   

2022

   

2021

 

Revenue

  $ 9,840     $ 10,108     $ 19,078     $ 19,103  

Costs and expenses

    (7,936 )     (8,404 )     (16,208 )     (16,529 )

Net earnings of unconsolidated entities

  $ 1,904     $ 1,704     $ 2,870     $ 2,574  

Meritage’s share of pre-tax earnings (1) (2)

  $ 1,208     $ 1,057     $ 2,192     $ 1,807