Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets - (Unaudited)

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Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 74,186 $ 123,634
Cash held in escrow 1,904 17,101
Real estate inventories 1,125,109 1,093,369
Due from affiliates 4,110 3,744
Goodwill 68,639 68,639
Other assets 132,623 134,009
Total assets 1,406,571 1,440,496
Liabilities    
Accounts payable 72,899 74,445
Accrued expenses and other liabilities 138,446 149,426
Due to affiliates $ 884 $ 884
Other Liability, Related and Nonrelated Party Status [Extensible Enumeration] Related Party Related Party
Notes and other debts payable, net  $ 482,736 $ 505,422
Total liabilities 694,965 730,177
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, none issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized, 41,378,576 issued and 39,183,181 outstanding as of June 30, 2023, 42,110,794 issued and 40,884,268 outstanding as of December 31, 2022 4 4
Additional paid-in capital 490,741 497,598
Retained earnings 166,513 158,348
Total stockholders’ equity 657,258 655,950
Noncontrolling interests 54,348 54,369
Total equity 711,606 710,319
Total liabilities and equity $ 1,406,571 $ 1,440,496