Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 618,335 $ 745,621
Other receivables 147,548 98,573
Real estate 3,734,408 2,778,039
Real estate not owned 8,011 0
Deposits on real estate under option or contract 90,679 59,534
Investments in unconsolidated entities 5,764 4,350
Property and equipment, net 37,340 38,933
Deferred tax assets, net 40,672 36,040
Prepaids, other assets and goodwill 124,776 103,308
Total assets 4,807,533 3,864,398
Liabilities    
Accounts payable 216,009 175,250
Accrued liabilities 337,277 296,121
Home sale deposits 42,610 25,074
Liabilities related to real estate not owned 7,210 0
Loans payable and other borrowings 17,552 23,094
Senior notes, net 1,142,486 996,991
Total liabilities 1,763,144 1,516,530
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2021 and 2020 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 37,340,855 and 37,512,127 shares issued and outstanding at December 31, 2021 and 2020, respectively 373 375
Additional paid-in capital 414,841 455,762
Retained earnings 2,629,175 1,891,731
Total stockholders’ equity 3,044,389 2,347,868
Total liabilities and stockholders’ equity $ 4,807,533 $ 3,864,398