| Schedule of Segment Reporting Information, by Segment |
The following table summarizes total revenue and pretax income by segment:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2024 |
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2023 |
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2024 |
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2023 |
|
(dollars in thousands) |
| Revenue |
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| Arizona |
$ |
95,082 |
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$ |
69,308 |
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$ |
282,737 |
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$ |
215,000 |
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| California |
96,900 |
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|
103,982 |
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363,005 |
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270,756 |
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| Colorado |
18,881 |
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— |
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37,936 |
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— |
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| Florida |
75,880 |
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104,058 |
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279,992 |
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320,740 |
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| Metro New York |
— |
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— |
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4,475 |
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|
1,649 |
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| Texas |
51,729 |
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— |
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95,511 |
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|
4,187 |
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| Total revenues |
$ |
338,472 |
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$ |
277,348 |
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$ |
1,063,656 |
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$ |
812,332 |
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| Pretax income (loss) |
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| Arizona |
$ |
7,792 |
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$ |
5,253 |
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$ |
12,625 |
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$ |
4,826 |
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| California |
9,580 |
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9,795 |
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28,788 |
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17,184 |
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| Colorado |
167 |
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— |
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(1,913) |
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— |
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| Florida |
2,026 |
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4,378 |
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7,850 |
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23,993 |
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| Metro New York |
(636) |
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(917) |
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(2,885) |
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(1,818) |
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| Texas |
(1,142) |
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(1,383) |
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(5,880) |
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(4,144) |
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| Total pretax income for reportable segments |
17,787 |
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17,126 |
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38,585 |
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40,041 |
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| Corporate |
(2,898) |
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(4,577) |
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(18,387) |
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(14,246) |
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| Total pretax income |
$ |
14,889 |
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$ |
12,549 |
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$ |
20,198 |
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$ |
25,795 |
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| Schedule of Reconciliation of Assets from Segment to Consolidated |
The following table summarizes total assets by segment:
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September 30, 2024 |
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December 31, 2023 |
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(dollars in thousands) |
| Assets |
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| Arizona |
$ |
328,313 |
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$ |
336,424 |
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| California |
444,524 |
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479,218 |
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| Colorado |
34,337 |
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27,240 |
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| Florida |
458,568 |
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425,154 |
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| Metro New York |
38,760 |
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42,047 |
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| Texas |
361,749 |
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60,255 |
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| Total assets for reportable segments |
1,666,251 |
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1,370,338 |
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| Corporate |
60,360 |
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|
100,894 |
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| Total assets |
$ |
1,726,611 |
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$ |
1,471,232 |
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