Landsea Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Company and Summary of Significant Account Policies (Policies)
Notes Tables
Notes Details

Notes and Other Debts Payable, net - Narrative (Details)

v3.23.3

Notes and Other Debts Payable, net - Narrative (Details) - USD ($)	1 Months Ended	12 Months Ended
	Oct. 31, 2021	Dec. 31, 2022	Sep. 30, 2023	Jul. 31, 2023	Dec. 31, 2021
Debt Instrument [Line Items]
Line of credit facility, outstanding		$ 505,422,000	$ 317,010,000
Line of credit facility \| Credit Agreement
Debt Instrument [Line Items]
Credit agreement, current borrowing capacity		675,000,000	675,000,000		$ 585,000,000
Line of credit facility, outstanding			$ 325,000,000
Credit facility, maximum borrowing capacity	$ 850,000,000
Line of credit facility \| Credit Agreement \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	3.35%
Line of credit facility \| Credit Agreement \| Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%
Effective interest rate at period end			8.68%
Line of credit facility \| Credit Agreement \| Prime Rate \| Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	3.85%
Paycheck Protection Program Notes
Debt Instrument [Line Items]
Payment for debt extinguishment		$ 2,500,000
Unsecured Debt \| Note Purchase Agreement
Debt Instrument [Line Items]
Principal amount				$ 250,000,000
Interest rate, stated percentage				11.00%

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