Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 861,561 $ 618,335
Other receivables 215,019 147,548
Real estate 4,358,263 3,734,408
Real estate not owned 0 8,011
Deposits on real estate under option or contract 76,729 90,679
Investments in unconsolidated entities 11,753 5,764
Property and equipment, net 38,635 37,340
Deferred tax assets, net 45,452 40,672
Prepaids, other assets and goodwill 164,689 124,776
Total assets 5,772,101 4,807,533
Liabilities    
Accounts payable 273,267 216,009
Accrued liabilities 360,615 337,277
Home sale deposits 37,961 42,610
Liabilities related to real estate not owned 0 7,210
Loans payable and other borrowings 7,057 17,552
Senior notes, net 1,143,590 1,142,486
Total liabilities 1,822,490 1,763,144
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2022 and 2021 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,571,393 and 37,340,855 shares issued and outstanding at December 31, 2022 and 2021, respectively 366 373
Additional paid-in capital 327,878 414,841
Retained earnings 3,621,367 2,629,175
Total stockholders’ equity 3,949,611 3,044,389
Total liabilities and stockholders’ equity $ 5,772,101 $ 4,807,533