v3.22.2.2
Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 110,192 $ 342,810
Cash held in escrow 7,190 4,079
Restricted cash 0 443
Real estate inventories (including related party interest of $3,909 and $7,509, respectively) 1,179,418 844,792
Due from affiliates 5,180 4,465
Investment in and advances to unconsolidated joint ventures (including related party interest of $0 and $70, respectively) 0 470
Goodwill 68,639 24,457
Other assets (including right-of-use assets with a related party of $1,454 and $2,010, respectively) 98,239 43,998
Total assets 1,468,858 1,265,514
Liabilities    
Accounts payable 82,347 73,734
Accrued expenses and other liabilities (including lease liabilities with a related party of $1,454 and $2,010, respectively) 114,836 97,724
Due to affiliates 2,357 2,357
Warrant liability 0 9,185
Notes and other debts payable, net  585,065 461,117
Total liabilities 784,605 644,117
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, none issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized, 42,110,794 issued and 40,950,043 outstanding as of September 30, 2022, 46,281,091 issued and outstanding as of December 31, 2021 4 5
Additional paid-in capital 497,078 535,345
Retained earnings 132,767 84,797
Total stockholders' equity 629,849 620,147
Noncontrolling interests 54,404 1,250
Total equity 684,253 621,397
Total liabilities and equity $ 1,468,858 $ 1,265,514

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