Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 274,136 $ 170,457
Investments and securities 89,687 86,074
Restricted cash 0 38,938
Other receivables 38,983 20,290
Real estate 1,405,299 1,113,187
Real estate not owned 289 0
Deposits on real estate under option or contract 51,595 [1],[2] 14,351
Investments in unconsolidated entities 11,638 12,085
Property and equipment, net 22,099 15,718
Deferred tax assets, net 70,404 77,974
Prepaids, other assets and goodwill 39,231 26,488
Total assets 2,003,361 1,575,562
Liabilities    
Accounts payable 68,018 49,801
Accrued liabilities 166,611 96,377
Home sale deposits 21,996 12,377
Liabilities Related To Inventory Real Estate Not Owned 289 0
Senior, senior subordinated and convertible notes 905,055 722,797
Total liabilities 1,161,969 881,352
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at December 31, 2013 and 2012 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; issued 36,244,071 and 35,613,351 shares at December 31, 2013 and 2012, respectively 362 356
Additional paid-in capital 412,961 390,249
Retained earnings 428,069 303,605
Total stockholders’ equity 841,392 694,210
Total liabilities and stockholders’ equity $ 2,003,361 $ 1,575,562
[1] (4)Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of December 31, 2013.
[2] Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of December 31, 2013.