Condensed Consolidated Statements of Stockholders' Equity - USD ($) |
Total |
Common Stock |
Common Stock
Class A Common Stock
|
Common Stock
Class B Common Stock
|
Additional Paid In Capital |
Distribution in Excess of Net Income |
Pre-Spin Predecessors Equity |
|---|---|---|---|---|---|---|---|
| Beginning balance at Dec. 31, 2024 | $ 5,158,372,000 | $ 5,158,372,000 | |||||
| Net income (loss) | $ 177,526,000 | ||||||
| Ending balance, Shares at Mar. 31, 2025 | 154,183,686 | 11,819,811 | |||||
| Ending balance at Mar. 31, 2025 | 5,875,851,000 | $ 1,542,000 | $ 118,000 | $ 5,872,506,000 | 1,685,000 | ||
| Beginning balance at Dec. 31, 2024 | 5,158,372,000 | 5,158,372,000 | |||||
| Net income (loss) | 152,566,000 | (24,960,000) | |||||
| Adjustment for expenses from pre-spin periods | 24,960,000 | 24,960,000 | |||||
| Common stock issued, Spin-Off, Shares | 120,983,633 | 11,819,811 | |||||
| Common stock issued, Spin-Off | $ 1,210,000 | $ 118,000 | (1,328,000) | ||||
| Common stock retained by Lennar, Spin-Off, Shares | 33,200,053 | ||||||
| Common stock retained by Lennar, Spin-Off | $ 332,000 | (332,000) | |||||
| Contributions from Lennar, Spin-Off | 5,874,166,000 | 5,874,166,000 | |||||
| Reversal of pre-spin equity | (5,158,372,000) | $ (5,158,372,000) | |||||
| Stock-based compensation | 181,000 | 181,000 | |||||
| Dividends declared | (177,624,000) | (177,624,000) | |||||
| Ending balance, Shares at Jun. 30, 2025 | 154,183,686 | 11,819,811 | |||||
| Ending balance at Jun. 30, 2025 | 5,874,249,000 | $ 1,542,000 | $ 118,000 | 5,872,687,000 | (98,000) | ||
| Beginning balance, Shares at Mar. 31, 2025 | 154,183,686 | 11,819,811 | |||||
| Beginning balance at Mar. 31, 2025 | 5,875,851,000 | $ 1,542,000 | $ 118,000 | 5,872,506,000 | 1,685,000 | ||
| Net income (loss) | 112,760,000 | 112,760,000 | |||||
| Stock-based compensation | 181,000 | 181,000 | |||||
| Dividends declared | (114,543,000) | (114,543,000) | |||||
| Ending balance, Shares at Jun. 30, 2025 | 154,183,686 | 11,819,811 | |||||
| Ending balance at Jun. 30, 2025 | 5,874,249,000 | $ 1,542,000 | $ 118,000 | 5,872,687,000 | (98,000) | ||
| Beginning balance, Shares at Dec. 31, 2025 | 154,183,686 | 11,819,811 | |||||
| Beginning balance at Dec. 31, 2025 | 5,856,262,000 | $ 1,542,000 | $ 118,000 | 5,873,087,000 | (18,485,000) | ||
| Net income (loss) | 248,765,000 | 248,765,000 | |||||
| Common stock issued upon vesting of RSUs, Shares | 44,430 | ||||||
| Common stock issued upon vesting of RSUs | $ 0 | (0) | |||||
| Common stock issued, Spin-Off, Shares | 0 | ||||||
| Stock-based compensation | 909,000 | 909,000 | |||||
| Dividend equivalent rights | (80,000) | (80,000) | |||||
| Dividends declared | (254,020,000) | (254,020,000) | |||||
| Ending balance, Shares at Jun. 30, 2026 | 154,228,116 | 11,819,811 | |||||
| Ending balance at Jun. 30, 2026 | 5,851,836,000 | $ 1,542,000 | $ 118,000 | 5,873,916,000 | (23,740,000) | ||
| Beginning balance, Shares at Mar. 31, 2026 | 154,183,686 | 11,819,811 | |||||
| Beginning balance at Mar. 31, 2026 | 5,853,629,000 | $ 1,542,000 | $ 118,000 | 5,873,733,000 | (21,764,000) | ||
| Net income (loss) | 125,881,000 | 125,881,000 | |||||
| Common stock issued upon vesting of RSUs, Shares | 44,430 | ||||||
| Common stock issued upon vesting of RSUs | $ 0 | (0) | |||||
| Stock-based compensation | 217,000 | 217,000 | |||||
| Dividend equivalent rights | (34,000) | (34,000) | |||||
| Dividends declared | (127,857,000) | (127,857,000) | |||||
| Ending balance, Shares at Jun. 30, 2026 | 154,228,116 | 11,819,811 | |||||
| Ending balance at Jun. 30, 2026 | $ 5,851,836,000 | $ 1,542,000 | $ 118,000 | $ 5,873,916,000 | $ (23,740,000) |
| X | ||||||||||
- Definition Adjustment for expenses from pre spin periods. No definition available.
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| X | ||||||||||
- Definition Adjustments to additional paid in capital, contributions from spin-off. No definition available.
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| X | ||||||||||
- Definition Adjustments to additional paid in capital dividend equivalent rights. No definition available.
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| X | ||||||||||
- Definition Reversal of pre-spin equity. No definition available.
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| X | ||||||||||
- Definition Stock issued during period shares retained. No definition available.
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| X | ||||||||||
- Definition Stock issued during period value retained. No definition available.
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| X | ||||||||||
- Definition Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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| X | ||||||||||
- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Number of shares issued during the period related to Restricted Stock Awards, net of any shares forfeited. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Value of stock related to Restricted Stock Awards issued during the period, net of the stock value of such awards forfeited. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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