v3.25.2
Segment Reporting (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Feb. 01, 2025
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting Information [Line Items]              
Number of reportable segments | segment       4      
Total revenues   $ 1,150,505 $ 1,055,747 $ 2,140,376 $ 1,883,547    
Selling, general and administrative expense   134,699 96,854 251,393 176,963    
Contingent consideration revaluation   (12,706) 4,638 (11,606) 7,845    
Other segment items   (3,481) (6,662) 1,029 (13,326)    
Income before taxes   74,064 106,008 145,229 176,832    
Assets   3,650,054   3,650,054     $ 3,328,651
Goodwill   377,772   377,772     300,313
Crescent Homes Acquisition              
Segment Reporting Information [Line Items]              
Purchase price adjustments $ 6,700     6,700      
Goodwill           $ 128,106  
Liberty Communities Acquisition              
Segment Reporting Information [Line Items]              
Purchase price adjustments   1,800          
Goodwill   45,599   45,599      
Alliant National Title Insurance Company, Inc. Acquisition              
Segment Reporting Information [Line Items]              
Goodwill   24,300   24,300      
Homebuilding              
Segment Reporting Information [Line Items]              
Total revenues   1,099,580 1,052,236 2,069,688 1,877,457    
Cost of revenues   917,871 852,837 1,701,407 1,531,477    
Financial services              
Segment Reporting Information [Line Items]              
Total revenues   50,925 3,511 70,688 6,090    
Cost of revenues   40,058 2,072 52,924 3,756    
Operating Segments | Southeast              
Segment Reporting Information [Line Items]              
Total revenues   367,572 340,521 675,205 621,019    
Selling, general and administrative expense   49,414 33,547 83,688 60,661    
Contingent consideration revaluation   0 0 0 0    
Other segment items   (181) 342 (198) 529    
Income before taxes   16,624 36,748 42,398 59,567    
Assets   1,000,090   1,000,090     793,998
Goodwill   67,169   67,169     14,003
Operating Segments | Southeast | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   301,715 269,884 549,317 500,262    
Operating Segments | Southeast | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Operating Segments | Mid-Atlantic              
Segment Reporting Information [Line Items]              
Total revenues   274,811 264,302 512,886 474,262    
Selling, general and administrative expense   34,145 25,495 64,263 44,947    
Contingent consideration revaluation   0 0 0 897    
Other segment items   (71) 161 6,736 223    
Income before taxes   15,168 22,075 29,584 39,557    
Assets   862,699   862,699     730,843
Goodwill   144,959   144,959     144,959
Operating Segments | Mid-Atlantic | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   225,569 216,571 412,303 388,638    
Operating Segments | Mid-Atlantic | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Operating Segments | Midwest              
Segment Reporting Information [Line Items]              
Total revenues   457,197 447,413 881,597 782,176    
Selling, general and administrative expense   50,294 37,515 102,198 70,815    
Contingent consideration revaluation   (12,962) 4,046 (11,940) 6,054    
Other segment items   (282) (588) (600) (1,138)    
Income before taxes   29,560 40,058 52,152 63,868    
Assets   1,126,534   1,126,534     1,024,992
Goodwill   141,071   141,071     141,071
Operating Segments | Midwest | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   390,587 366,382 739,787 642,577    
Operating Segments | Midwest | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Operating Segments | Financial Services              
Segment Reporting Information [Line Items]              
Total revenues   50,925 19,121 70,688 33,434    
Selling, general and administrative expense   0 0 0 0    
Contingent consideration revaluation   0 0 0 0    
Other segment items   (1,082) (920) (763) (1,663)    
Income before taxes   12,241 9,380 19,066 17,103    
Assets   308,775   308,775     386,326
Goodwill   24,573   24,573     280
Operating Segments | Financial Services | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Operating Segments | Financial Services | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   39,766 10,661 52,385 17,994    
Operating Segments | Corporate              
Segment Reporting Information [Line Items]              
Total revenues   0 0 0 0    
Selling, general and administrative expense   846 297 1,244 540    
Contingent consideration revaluation   256 592 334 894    
Other segment items   (1,865) (1,465) (4,146) (3,450)    
Income before taxes   471 541 2,029 1,955    
Assets   351,956   351,956     392,492
Goodwill   0   0     $ 0
Operating Segments | Corporate | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Operating Segments | Corporate | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   292 35 539 61    
Reconciling Items              
Segment Reporting Information [Line Items]              
Total revenues   0 (15,610) 0 (27,344)    
Selling, general and administrative expense   0 0 0 0    
Contingent consideration revaluation   0 0 0 0    
Other segment items   0 (4,192) 0 (7,827)    
Income before taxes   0 (2,794) 0 (5,218)    
Reconciling Items | Homebuilding              
Segment Reporting Information [Line Items]              
Cost of revenues   0 0 0 0    
Reconciling Items | Financial services              
Segment Reporting Information [Line Items]              
Cost of revenues   $ 0 $ (8,624) $ 0 $ (14,299)