Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 992,921 $ 921,227
Other receivables 258,137 266,972
Real estate 5,175,084 4,721,291
Deposits on real estate under option or contract 156,698 111,364
Investments in unconsolidated entities 23,630 17,170
Property and equipment, net 46,585 48,953
Deferred tax assets, net 60,167 47,573
Prepaids, other assets and goodwill 210,758 218,584
Total assets 6,923,980 6,353,134
Liabilities    
Accounts payable 299,780 271,650
Accrued liabilities 388,975 424,764
Home sale deposits 39,380 36,605
Loans payable and other borrowings 9,711 13,526
Senior and convertible senior notes, net 1,303,600 994,689
Total liabilities 2,041,446 1,741,234
Stockholders’ Equity    
Preferred stock, par value $0.01. Authorized 10,000,000 shares; none issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, par value $0.01. Authorized 125,000,000 shares; 36,327,214 and 36,425,037 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 363 364
Additional paid-in capital 198,503 290,955
Retained earnings 4,683,668 4,320,581
Total stockholders’ equity 4,882,534 4,611,900
Total liabilities and stockholders’ equity $ 6,923,980 $ 6,353,134