Quarterly report pursuant to Section 13 or 15(d)

Investment in and Advances to Unconsolidated Joint Ventures - Summarized Financial Information (Details)

v3.21.2
Investment in and Advances to Unconsolidated Joint Ventures - Summarized Financial Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Assets          
Cash and cash equivalents $ 82,360 $ 84,857 $ 82,360 $ 84,857 $ 105,778
Restricted cash 0 2,001 0 2,001 4,270
Real estate inventories 907,937   907,937   687,819
Total assets 1,073,111   1,073,111   895,764
Liabilities [Abstract]          
Accounts payable 55,345   55,345   36,243
Accrued expenses and other liabilities 59,603   59,603   62,869
Due to affiliates 2,358   2,358   2,357
Total liabilities 493,561   493,561   366,278
Equity          
Total liabilities and equity 1,073,111   1,073,111   895,764
Income Statement [Abstract]          
Revenue 214,129 218,517 624,822 449,870  
Impairment of real estate inventories 0 0 0 (3,400)  
Net income (loss) of unconsolidated joint ventures 10,782 3,174 14,346 (19,742)  
Income (loss) from equity method investments 168 (616) 814 (16,229)  
LS-NJ Port Imperial JV LLC and LS-Boston Point LLC          
Assets          
Cash and cash equivalents 2,592   2,592   2,740
Restricted cash 0   0   4,870
Real estate inventories 10,903   10,903   41,214
Other assets 122   122   123
Total assets 13,617   13,617   48,947
Liabilities [Abstract]          
Accounts payable 26   26   188
Accrued expenses and other liabilities 5,045   5,045   3,928
Due to affiliates 809   809   5,735
Total liabilities 5,880   5,880   9,851
Equity          
Members' capital 7,737   7,737   39,096
Total liabilities and equity 13,617   13,617   $ 48,947
Income Statement [Abstract]          
Revenue 10,981 9,937 40,944 28,409  
Cost of sales and expenses (10,106) (10,601) (37,293) (31,353)  
Impairment of real estate inventories 0 0 0 (27,094)  
Net income (loss) of unconsolidated joint ventures 875 (664) 3,651 (30,038)  
Equity in net (loss) income of unconsolidated joint ventures 168 (616) 814 (16,229)  
Unconsolidated joint venture          
Income Statement [Abstract]          
Income (loss) from equity method investments 500 (300) 1,900 (15,300)  
Amortization expense $ (300) $ (300) $ (1,100) $ (900)