Annual report [Section 13 and 15(d), not S-K Item 405]

OPERATING AND REPORTING SEGMENTS - Schedule of Segment Assets (Details)

v3.25.4
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract $ 174,170 $ 192,405
Real estate 5,987,120 5,728,775
Investments in unconsolidated entities 57,268 28,735
Other assets 1,403,729 1,212,739
Total assets 7,622,287 7,162,654
Operating Segments [Member] | Financial Services [Member]    
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract 0 0
Real estate 0 0
Investments in unconsolidated entities 0 0
Other assets 2,342 3,049
Total assets 2,342 3,049
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | West    
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract 26,155 30,179
Real estate 1,782,502 1,862,792
Investments in unconsolidated entities 28,631 9,062
Other assets [1] 37,118 28,251
Total assets 1,874,406 1,930,284
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | Central    
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract 61,686 32,200
Real estate 1,685,355 1,613,735
Investments in unconsolidated entities 27,734 18,816
Other assets [2] 309,583 270,203
Total assets 2,084,358 1,934,954
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding | East    
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract 86,329 130,026
Real estate 2,519,263 2,252,248
Investments in unconsolidated entities 0 0
Other assets 78,724 [3] 91,082
Total assets 2,684,316 2,473,356
Corporate and Unallocated [Member]    
Segment Reporting Information [Line Items]    
Deposits on real estate under option or contract 0 0
Real estate 0 0
Investments in unconsolidated entities 903 857
Other assets 975,962 [4] 820,154
Total assets $ 976,865 $ 821,011
[1] Balance consists primarily of property and equipment, net, prepaid expenses and other assets, and development receivables.
[2] Balance consists primarily of development reimbursements from local municipalities, property and equipment, net, goodwill (See Note 10), and prepaid expenses and other assets.
[3] Balance consists primarily of prepaid expenses and other assets, goodwill (see Note 10), and property and equipment, net.
[4] Balance consists primarily of cash and cash equivalents, prepaid expenses and other assets, and deferred tax assets.