Landsea Homes Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, Adjusted Balance	Common Stock	Common Stock Cumulative Effect, Period of Adoption, Adjustment	Common Stock Cumulative Effect, Period of Adoption, Adjusted Balance	Additional paid-in capital	Additional paid-in capital Cumulative Effect, Period of Adoption, Adjustment	Additional paid-in capital Cumulative Effect, Period of Adoption, Adjusted Balance	Retained earnings (deficit)	Retained earnings (deficit) Cumulative Effect, Period of Adoption, Adjusted Balance	Noncontrolling Interests	Noncontrolling Interests Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning Balance (in shares) at Dec. 31, 2018				1,000	32,556,303	32,557,303
Beginning balance at Dec. 31, 2018	$ 545,156	$ 0	$ 545,156	$ 0	$ 3	$ 3	$ 508,823	$ (3)	$ 508,820	$ 23,762	$ 23,762	$ 12,571	$ 12,571
Increase (Decrease) in Shareholders' Equity
Contributions from noncontrolling interests	130											130
Net transfers to parent	15,693						15,693
Net (loss) income of unconsolidated joint ventures	22,391									17,200		5,191
Ending Balance (in shares) at Dec. 31, 2019				32,557,303
Ending balance at Dec. 31, 2019	583,370			$ 3			524,513			40,962		17,892
Increase (Decrease) in Shareholders' Equity
Contributions from noncontrolling interests	198											198
Net transfers to parent	(29,584)						(28,342)					(1,242)
Distributions to noncontrolling interests	(15,414)											(15,414)
Net (loss) income of unconsolidated joint ventures	$ (9,084)									(8,951)		(133)
Ending Balance (in shares) at Dec. 31, 2020	32,557,303			32,557,303
Ending balance at Dec. 31, 2020	$ 529,486			$ 3			496,171			32,011		1,301
Increase (Decrease) in Shareholders' Equity
Recapitalization transaction, net of fees and deferred taxes (in shares)				13,673,722
Recapitalization transaction, net of fees and deferred taxes	33,368			$ 2			33,366
Vesting of restricted stock units (in shares)				50,066
Stock-based compensation expense	5,808						5,808
Net (loss) income of unconsolidated joint ventures	$ 52,735									52,786		(51)
Ending Balance (in shares) at Dec. 31, 2021	46,281,091			46,281,091
Ending balance at Dec. 31, 2021	$ 621,397			$ 5			$ 535,345			$ 84,797		$ 1,250