Landsea Homes Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Notes and Other Debts Payable, net - Narrative (Details)

v3.24.0.1

Notes and Other Debts Payable, net - Narrative (Details)	1 Months Ended	12 Months Ended
	Oct. 31, 2021 USD ($)	Dec. 31, 2022 USD ($) time	Dec. 31, 2023 USD ($) loanForConstruction	Jul. 31, 2023 USD ($)
Debt Instrument [Line Items]
Line of credit facility, outstanding		$ 505,422,000	$ 307,631,000
Number of construction loan \| loanForConstruction			1
Line of credit facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit agreement, current borrowing capacity		$ 585,000,000	$ 675,000,000
Line of credit facility, outstanding			$ 315,000,000
Credit facility, maximum borrowing capacity	$ 850,000,000
Debt instruments, modifications, number of times \| time		3
Line of credit facility \| Revolving Credit Facility \| London Interbank Offer Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	3.35%
Line of credit facility \| Revolving Credit Facility \| Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%
Effective interest rate at period end			8.70%
Line of credit facility \| Revolving Credit Facility \| Minimum \| Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate	3.85%
Unsecured Debt \| Note Purchase Agreement
Debt Instrument [Line Items]
Principal amount				$ 250,000,000
Interest rate, stated percentage				11.00%
Paycheck Protection Program Notes \| Debt Extinguishment Fees
Debt Instrument [Line Items]
Payment for debt extinguishment		$ 2,500,000

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