Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 831,559 $ 921,227
Other receivables 286,939 266,972
Real estate 5,457,103 4,721,291
Deposits on real estate under option or contract 207,461 111,364
Investments in unconsolidated entities 18,217 17,170
Property and equipment, net 47,231 48,953
Deferred tax assets, net 51,146 47,573
Prepaids, other assets and goodwill 203,796 218,584
Total assets 7,103,452 6,353,134
Liabilities    
Accounts payable 287,403 271,650
Accrued liabilities 439,871 424,764
Home sale deposits 32,133 36,605
Loans payable and other borrowings 9,306 13,526
Senior and convertible senior notes, net 1,304,949 994,689
Total liabilities 2,073,662 1,741,234
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,179,602 and 36,425,037 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 362 364
Additional paid-in capital 176,929 290,955
Retained earnings 4,852,499 4,320,581
Total stockholders’ equity 5,029,790 4,611,900
Total liabilities and stockholders’ equity $ 7,103,452 $ 6,353,134