v3.22.2.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lots Under Option or Contract The following is a summary of our land purchase deposits included in pre-acquisition costs and deposits (in thousands, except for lot count):
September 30, 2022December 31, 2021
Land deposits and option payments (1)
$32,266 $37,499 
Commitments under the land purchase contracts if the purchases are consummated (1)
$433,934 $921,345 
Lots under land purchase contracts (1)
15,826 36,978 
(1)Includes land banking financing arrangements, see Notes 2 and 3 for more details regarding real estate not owned.
Lessee, Operating Lease, Liability, Maturity The table below shows the future minimum payments under non-cancelable operating leases at September 30, 2022 (in thousands):
Year Ending December 31,Operating leases
2022383 
20231,438 
20241,171 
2025936 
2026799 
Thereafter1,055 
Total5,782 
Lease amount representing interest(380)
Present value of lease liabilities$5,402