Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes total revenue and income before income tax expense by segment:
Three Months Ended March 31,
2022 2021
(dollars in thousands)
Revenue
Arizona $ 75,205  $ 65,326 
California 116,638  95,093 
Florida 107,192  — 
Metro New York 7,700  — 
Texas 9,492  — 
Total revenue $ 316,227  $ 160,419 
 
Pretax income (loss)
Arizona $ 5,142  $ 1,433 
California 25,337  (159)
Florida 72  — 
Metro New York (542) (831)
Texas (14) — 
Corporate (11,867) (11,594)
Total pretax income (loss) $ 18,128  $ (11,151)
Reconciliation of Assets from Segment to Consolidated
The following table summarizes total assets by segment:
March 31, 2022 December 31, 2021
(dollars in thousands)
Assets
Arizona $ 331,960  $ 360,598 
California 391,675  400,292 
Florida 406,611  102,158 
Metro New York 127,310  124,962 
Texas 36,907  35,984 
Corporate 39,299  241,520 
Total assets $ 1,333,762  $ 1,265,514