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, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 957,210 $ 861,561
Other receivables 209,315 215,019
Real estate 4,355,178 4,358,263
Deposits on real estate under option or contract 65,841 76,729
Investments in unconsolidated entities 11,280 11,753
Property and equipment, net 41,702 38,635
Deferred tax assets, net 44,801 45,452
Prepaids, other assets and goodwill 185,819 164,689
Total assets 5,871,146 5,772,101
Liabilities    
Accounts payable 263,655 273,267
Accrued liabilities 341,634 360,615
Home sale deposits 47,892 37,961
Loans payable and other borrowings 6,889 7,057
Senior notes, net 1,143,866 1,143,590
Total liabilities 1,803,936 1,822,490
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,765,267 and 36,571,393 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 368 366
Additional paid-in capital 324,101 327,878
Retained earnings 3,742,741 3,621,367
Total stockholders’ equity 4,067,210 3,949,611
Total liabilities and stockholders’ equity $ 5,871,146 $ 5,772,101