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Business Combinations (Tables)

v3.20.4
Business Combinations (Tables) - Landsea Homes [Member]
 12 Months Ended
Dec. 31, 2020
Entity Listings [Line Items]  
Schedule of assets and liabilities assumed
       
Assets Acquired      
Cash   $ 2,905  
Real estate inventories     119,466  
Goodwill     15,392  
Trade name     1,600  
Other assets     532  
Total assets   $ 139,895  
         
Liabilities Assumed        
Accounts payable   $ 5,425  
Accrued expenses     1,037  
Total liabilities     6,462  
Net assets acquired   $ 133,433  
Schedule of assets and liabilities acquired
       
Assets      
Cash   $ 2,208  
Real estate inventories     39,584  
Goodwill     5,315  
Other assets     60  
Total assets   $ 47,167  
         
Liabilities        
Accounts payable   $ 2,626  
Notes payable     16,228  
Accrued expenses and other liabilities     2,543  
Total liabilities     21,397  
Net assets acquired   $ 25,770  
Schedule of unaudited pro forma financial information
                       
    Year Ended December 31,
    2020   2019   2018
    (dollars in thousands)
Revenue   $ 737,060     $ 799,559     $ 428,089  
                         
Pretax (loss) income   $ (12,051 )   $ 35,336     $ 36,161  
Benefit (provision) for income taxes     3,052       (7,625 )     (4,035 )
Net (loss) income   $ (8,999 )   $ 27,711     $ 32,126