Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes total revenues and pretax income before income tax expense by segment:
Three Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
(dollars in thousands)
Revenue
Arizona $ 82,914  $ 71,922  $ 158,119  $ 137,248 
California 107,851  141,541  224,489  236,634 
Florida 109,602  28,358  216,794  28,358 
Metro New York 59,926  —  67,626  — 
Texas 8,386  8,453  17,878  8,453 
Total revenues $ 368,679  $ 250,274  $ 684,906  $ 410,693 
 
Pretax income
Arizona $ 6,465  $ 3,835  $ 11,607  $ 5,268 
California 22,689  14,900  48,026  14,741 
Florida 3,784  885  3,856  885 
Metro New York 1,998  (139) 1,456  (970)
Texas 136  395  122  395 
Corporate (11,846) (4,978) (23,713) (16,572)
Total pretax income $ 23,226  $ 14,898  $ 41,354  $ 3,747 
Reconciliation of Assets from Segment to Consolidated
The following table summarizes total assets by segment:
June 30, 2022 December 31, 2021
(dollars in thousands)
Assets
Arizona $ 345,435  $ 360,598 
California 441,922  400,292 
Florida 417,651  102,158 
Metro New York 87,089  124,962 
Texas 40,966  35,984 
Corporate 61,021  241,520 
Total assets $ 1,394,084  $ 1,265,514