Annual report [Section 13 and 15(d), not S-K Item 405]

Variable Interest Entities (Tables)

v3.25.0.1
Variable Interest Entities (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2024 and 2023.

December 31, 2024 December 31, 2023
(dollars in thousands)
Cash $ 5,068  $ 2,950 
Real estate inventories 19,987  79,441 
Due from affiliates 203 
Other assets 29,417  2,107 
Total assets $ 54,480  $ 84,701 
 
Accounts payable $ 266  $ 384 
Accrued expenses and other liabilities 4,562  5,257 
Total liabilities $ 4,828  $ 5,641