Quarterly report [Sections 13 or 15(d)]

Real Estate Inventories (Tables)

v3.25.1
Real Estate Inventories (Tables)
3 Months Ended
Mar. 31, 2025
Real Estate Inventories [Abstract]  
Schedule of Real Estate Inventories
Real estate inventories are summarized as follows:
March 31, 2025 December 31, 2024
(dollars in thousands)
Deposits and pre-acquisition costs $ 91,057  $ 96,611 
Land held and land under development 499,763  492,707 
Homes completed or under construction 713,074  729,335 
Model homes 22,604  20,429 
Total real estate inventories $ 1,326,498  $ 1,339,082 
Schedule Of Fair Value Of Impaired Inventory
Impairment Data Quantitative Data
Three Months Ended Number of Projects Impaired Real Estate Inventories Impairment Fair Value of Inventory After Impairment Discount Rate
(dollars in thousands)
March 31, 2025 1 $ 1,500  $ 4,653  14.5  %