Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.1
OPERATING AND REPORTING SEGMENTS - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Segment Reporting Information [Line Items]    
Corporate and unallocated costs $ (37,949) $ (34,170)
Interest expense (90) (16)
Other income, net 798 611
Earnings before income taxes 165,977 86,833
Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue 3,799 10,596
Operating Income 171,423 92,574
Operating Segments [Member] | Financial Services [Member]    
Segment Reporting Information [Line Items]    
Operating Income 3,760 2,838
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Operating Income 64,251 41,894
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Operating Income 56,993 28,919
Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Operating Income 50,179 21,761
Corporate and Unallocated [Member]    
Segment Reporting Information [Line Items]    
Corporate and unallocated costs [1] (9,914) (9,174)
Segment Reconciling Items [Member]    
Segment Reporting Information [Line Items]    
Interest expense (90) (16)
Other income, net 798 611
Real Estate [Member]    
Segment Reporting Information [Line Items]    
Revenue 1,083,781 901,013
Real Estate [Member] | Operating Segments [Member] | Homebuilding Segment    
Segment Reporting Information [Line Items]    
Revenue [2] 1,083,781 901,013
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | West [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 393,430 382,248
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | Central [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] 322,184 260,127
Real Estate [Member] | Operating Segments [Member] | Reportable Subsegments [Member] | Homebuilding Segment | East [Member]    
Segment Reporting Information [Line Items]    
Revenue [2] $ 368,167 $ 258,638
[1] Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.
[2] Homebuilding revenue includes the following land closing revenue, by segment, as outlined in the table below:
Three Months Ended March 31,
2021 2020
Land closing revenue:
West $ —  $ 4,518 
Central 3,799  4,218 
East —  1,860 
Total $ 3,799  $ 10,596