Landsea Homes Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Company and Summary of Significant Account Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies - Narrative (Details)

v3.25.1

Commitments and Contingencies - Narrative (Details) $ in Thousands	1 Months Ended		3 Months Ended
	Jun. 30, 2024	Oct. 31, 2023 insurer	Mar. 31, 2025 USD ($) extension	Mar. 31, 2024 USD ($)	Dec. 31, 2021 USD ($) insurer	Dec. 31, 2024 USD ($)
Loss Contingencies [Line Items]
Number of options to renew \| extension			1
Weighted average remaining lease term (in years)			4 years 7 months 6 days			4 years 6 months
Revenue			$ 310,811	$ 294,041
Right-of-use asset			$ 22,900			$ 23,400
Weighted average rate (percent)			8.10%			8.10%
Operating Lease, Liability			$ 24,080			$ 24,500
Operating lease expense			800	$ 800
Model Homes Sale LeaseBack
Loss Contingencies [Line Items]
Revenue			$ 2,000
Sale Leaseback Transaction, Historical Cost						1,700
Minimum
Loss Contingencies [Line Items]
Lease term (in years)			1 year
Minimum \| Model Homes Sale LeaseBack
Loss Contingencies [Line Items]
Sale leaseback transaction, lease term (in months)	3 months
Maximum
Loss Contingencies [Line Items]
Lease term (in years)			7 years
Maximum \| Model Homes Sale LeaseBack
Loss Contingencies [Line Items]
Sale leaseback transaction, lease term (in months)	36 months
Performance Guarantee
Loss Contingencies [Line Items]
Performance bonds outstanding			$ 121,100			$ 125,000
Paycheck Protection Program Notes
Loss Contingencies [Line Items]
Number of insurers who paid claims on behalf of the company in the wrongful death settlement \| insurer					3
Proceeds from PPP loan					$ 14,900
Number of insurers filed a lawsuit seeking reimbursement \| insurer		1
Number of other insurers filed lawsuit seeking reimbursement \| insurer		2

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