Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets - (Unaudited)

v3.21.2
Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 82,360 $ 105,778
Cash held in escrow 14,538 11,618
Restricted cash 0 4,270
Real estate inventories (including related party interest of $9,091 and $18,721, respectively) 907,937 687,819
Due from affiliates 4,151 2,663
Investment in and advances to unconsolidated joint ventures (including related party interest of $278 and $1,320, respectively) 4,301 21,342
Goodwill 24,457 20,705
Other assets 35,367 41,569
Total assets 1,073,111 895,764
Liabilities    
Accounts payable 55,345 36,243
Accrued expenses and other liabilities 59,603 62,869
Due to affiliates 2,358 2,357
Warrant liability 14,520 0
Notes and other debts payable, net  361,735 264,809
Total liabilities 493,561 366,278
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, none issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized, 46,281,091 and 32,557,303 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 5 3
Additional paid-in capital 531,887 496,171
Retained earnings 46,398 32,011
Total stockholders' equity 578,290 528,185
Noncontrolling interests 1,260 1,301
Total equity 579,550 529,486
Total liabilities and equity $ 1,073,111 $ 895,764