Post-effective amendment to a registration statement that is not immediately effective upon filing

Investment in and Advances to Unconsolidated Joint Ventures (Details)

v3.20.4
Investment in and Advances to Unconsolidated Joint Ventures (Details) - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Schedule of Investments [Line Items]        
Cash and cash equivalents $ 68,986 $ 161,405 $ 196,804  
Assets 109,812,830 162,485,391    
Accounts payable 1,961,576 121,516    
Liabilities 9,935,377 6,503,981    
Net (loss) income of unconsolidated joint ventures (2,096,495) 1,771,836    
Landsea Homes [Member]        
Schedule of Investments [Line Items]        
Cash and cash equivalents 105,778,000 154,043,000 99,865,000  
Restricted cash 4,270,000 2,335,000 19,724,000  
Real estate inventories 687,819,000 598,179,000    
Other assets 41,569,000 27,096,000    
Assets 895,764,000 839,217,000    
Accounts payable 36,243,000 16,490,000    
Accrued expenses and other liabilities 62,869,000 48,046,000    
Due to affiliates 2,357,000 1,347,000    
Liabilities 366,278,000 255,847,000    
Revenues 734,608,000 630,988,000 378,617,000  
Cost of sales and expenses (639,737,000) (531,529,000) (306,304,000)  
Impairment of real estate inventories (3,413,000) 0 0  
Net (loss) income of unconsolidated joint ventures (9,084,000) 22,391,000 36,706,000  
Equity in net (loss) income of unconsolidated joint ventures (16,418,000) (7,901,000) 13,018,000  
Cost of sales 639,737,000 531,529,000 306,304,000  
LS- Boston Point LLC's share of members' equity 21,342,000 42,956,000    
Landsea Homes [Member] | Corporate Joint Venture [Member]        
Schedule of Investments [Line Items]        
Cash and cash equivalents 2,740,000 6,159,000    
Restricted cash 4,870,000 0    
Real estate inventories 41,214,000 98,811,000    
Investment in unconsolidated joint venture 0 225,000    
Other assets 123,000 339,000    
Assets 48,947,000 105,534,000    
Accounts payable 188,000 1,892,000    
Accrued expenses and other liabilities 3,928,000 2,957,000    
Due to affiliates 5,735,000 482,000    
EB-5 notes payable 0 21,000,000    
Liabilities 9,851,000 26,331,000    
Members' capital 39,096,000 79,203,000    
Total liabilities and members' capital 48,947,000 105,534,000    
Revenues 37,403,000 54,633,000 73,587,000  
Cost of sales and expenses (40,230,000) (62,145,000) (71,286,000)  
Impairment of real estate inventories (27,094,000) (5,800,000) 0  
Equity in earnings from unconsolidated joint ventures 0 1,087,000 33,314,000  
Net (loss) income of unconsolidated joint ventures (29,921,000) (12,225,000) 35,615,000  
Equity in net (loss) income of unconsolidated joint ventures [1] (16,418,000) (7,901,000) 13,018,000  
Cost of sales 40,230,000 62,145,000 71,286,000  
LS Boston Point LLC [Member]        
Schedule of Investments [Line Items]        
Assets 70,311 319,737 9,891,139 $ 35,193,447
Accounts payable     120,522 (0)
Due to affiliates 0 2,859 2,859 49,245
Liabilities 0 22,859 143,381 69,245
Revenues (0) 1,087,482 36,016,746 (135,065)
Net (loss) income of unconsolidated joint ventures (226,567) 1,032,352 35,717,556 (375,990)
LS- Boston Point LLC's share of members' equity $ 0 225,000 9,838,556 35,148,867
LS Boston Point LLC [Member] | Fenway Point Partners LLC [Member]        
Schedule of Investments [Line Items]        
Assets   197,857 598,381 272,646,514
Accounts payable   32,442    
Liabilities     12,971 202,348,780
Members' capital   165,415 585,410 70,297,734
Total liabilities and members' capital   197,857 598,381 272,646,514
Revenues   26,488,198 175,080,991 278,160
Cost of sales and expenses   (21,629,856) (125,086,864) 0
Net (loss) income of unconsolidated joint ventures   2,984,523 27,914,284 (270,130)
Equity in net (loss) income of unconsolidated joint ventures   1,087,482 11,457,359 (135,065)
Cost of sales   21,629,856 125,086,864 (0)
LS- Boston Point LLC's share of members' equity   $ 225,000 (0) $ 35,148,867
LS Boston Point LLC [Member] | Point Condo Holdings LLC [Member]        
Schedule of Investments [Line Items]        
Assets     24,810,623  
Liabilities     101,143  
Members' capital     24,709,480  
Total liabilities and members' capital     24,810,623  
Revenues     2,450,000  
Cost of sales and expenses     (2,213,717)  
Net (loss) income of unconsolidated joint ventures     32,802  
Equity in net (loss) income of unconsolidated joint ventures     (0)  
Cost of sales     2,213,717  
LS- Boston Point LLC's share of members' equity     $ 9,838,556  
[1] The equity in net (loss) income of unconsolidated joint ventures consists of the allocation of the Company’s proportionate share of income or loss from the unconsolidated joint ventures of $15.2 million loss, $5.9 million loss, and $17.8 million income as well as $1.2 million, $2.0 million, and $4.8 million of expense related to capitalized interest and other costs for the years ended December 31, 2020, 2019, and 2018, respectively.