v3.26.1
Investment in Unconsolidated Entities (Tables)
12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Summary Investment Holdings
A summary of the Company’s investments in unconsolidated entities is as follows (in thousands):
December 31, 2025December 31, 2024
GBTM Sendera, LLC21,985 21,985 
Rainwater Crossing Single-Family, LLC51,484 18,633 
TMGB Magnolia Ridge, LLC11,506 7,006 
EJB River Holdings, LLC8,075 12,288 
BHome Mortgage, LLC— 670 
Total investment in unconsolidated entities $93,050 $60,582 
Equity Method Investments [Table Text Block]
A summary of the financial information of the unconsolidated entities that are accounted for by the equity method, as described above, is as follows (in thousands):
December 31, 2025December 31, 2024
Assets:
Cash$10,713 $7,334 
Accounts receivable1,615 488 
Bonds and notes receivable9,599 12,038 
Inventory177,003 111,771 
Other assets2,284 1,738 
Total assets$201,214 $133,369 
Liabilities:
Accounts payable$8,050 $6,280 
Accrued expenses and other liabilities10,746 1,369 
Notes payable37,274 23,194 
Total liabilities$56,070 $30,843 
Owners’ equity:
Green Brick$93,051 $58,312 
Others52,093 44,214 
Total owners’ equity$145,144 $102,526 
Total liabilities and owners’ equity$201,214 $133,369 
Years Ended December 31,
202520242023
Revenues$31,549 $49,124 $270,322 
Costs and expenses26,729 38,875 236,038 
Net earnings of unconsolidated entities$4,820 $10,249 $34,284 
Company’s share in net earnings of unconsolidated entities$1,002 $5,083 $16,742 

A summary of the Company’s share in net earnings by unconsolidated entity is as follows (in thousands):
Years Ended December 31,
202520242023
EJB River Holdings, LLC$2,288 $2,421 $2,812 
BHome Mortgage, LLC120 1,733 3,009 
GB Challenger, LLC— 929 10,921 
Rainwater Crossing Single-Family, LLC(1,406)— — 
Total net earnings from unconsolidated entities$1,002 $5,083 $16,742