Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosures of Cash Flow Information (Tables)

v3.22.0.1
Supplemental Disclosures of Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
The following table presents certain supplemental cash flow information:
Year Ended December 31,
2021 2020 2019
(dollars in thousands)
Supplemental disclosures of cash flow information
Interest paid, net of amounts capitalized $ 32  $ 15  $ — 
Income taxes paid $ 7,575  $ 7,309  $ 14,152 
 
Supplemental disclosures of non-cash investing and financing activities
Transfer of deferred tax asset to Landsea Holdings $ 11,785  $ —  $ — 
Conversion of deferred offering costs to additional paid-in-capital $ 9,229  $ —  $ — 
Amortization of deferred financing costs capitalized to real estate inventories $ 4,173  $ 3,753  $ 3,524 
Right-of-use assets obtained in exchange for operating lease liabilities for new or modified operating leases $ 6,688  $ 1,053  $ 3,208 
Distribution of real estate joint venture to Landsea Holdings, net of cash provided $ —  $ 27,294  $ — 
Business acquisition holdback $ —  $ 2,000  $ — 
Amortization of prepaid interest $ —  $ —  $ 2,994 
 
Cash, cash equivalents, and restricted cash reconciliation
Cash and cash equivalents $ 342,810  $ 105,778  $ 154,043 
Restricted cash 443  4,270  2,335 
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 343,253  $ 110,048  $ 156,378