Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 319,466 $ 311,466
Other receivables 88,492 77,285
Real estate 2,744,361 2,742,621
Deposits on real estate under option or contract 50,901 51,410
Investments in unconsolidated entities 4,443 17,480
Property and equipment, net 50,606 54,596
Deferred tax asset 25,917 26,465
Prepaids, other assets and goodwill 114,063 84,156
Total assets 3,398,249 3,365,479
Liabilities    
Accounts payable 155,024 128,169
Accrued liabilities 226,008 177,862
Home sale deposits 24,246 28,636
Loans payable and other borrowings 22,876 14,773
Senior notes, net 996,105 1,295,284
Total liabilities 1,424,259 1,644,724
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2019 and 2018 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 38,199,111 and 38,072,659 shares issued and outstanding at December 31, 2019 and 2018, respectively 382 381
Additional paid-in Capital 505,352 501,781
Retained earnings 1,468,256 1,218,593
Total stockholders’ equity 1,973,990 1,720,755
Total liabilities and stockholders’ equity $ 3,398,249 $ 3,365,479