Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities (Tables)

v3.24.3
Variable Interest Entities (Tables)
9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Variable Interest Entities
The following table summarizes the carrying amount and classification of the VIEs’ assets and liabilities in the consolidated balance sheets as of September 30, 2024 and December 31, 2023.

September 30, 2024 December 31, 2023
(dollars in thousands)
Cash $ 9,153  $ 2,950 
Real estate inventories 53,064  79,441 
Due from affiliates 72  203 
Other assets 2,089  2,107 
Total assets $ 64,378  $ 84,701 
 
Accounts payable $ 157  $ 384 
Accrued expenses and other liabilities 5,362  5,257 
Total liabilities $ 5,519  $ 5,641