Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities (Tables)

v3.23.3
Variable Interest Entities (Tables)
9 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Variable Interest Entities
The following table summarizes the carrying amount and classification of the VIEs’ assets and liabilities in the consolidated balance sheets as of September 30, 2023 and December 31, 2022.

September 30, 2023 December 31, 2022
(dollars in thousands)
Cash $ 4,407  $ 4,697 
Real estate inventories 90,682  99,699 
Due from affiliates 719  329 
Other assets 2,104  2,124 
Total assets $ 97,912  $ 106,849 
 
Accounts payable $ 288  $ 1,577 
Accrued expenses and other liabilities 4,950  5,616 
Total liabilities $ 5,238  $ 7,193