v3.26.1
Accrued Expenses and Other Liabilities (Tables)
 6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Accrued and Other Current Liabilities
Accrued and other liabilities consist of the following (in thousands):
June 30,December 31,
20262025
Real estate inventory development and construction payable$52,410 $57,103 
Accrued compensation, bonuses and benefits14,873 14,677 
Warranty reserves14,800 14,500 
Accrued interest13,653 14,223 
Inventory related obligations12,844 11,641 
Contract deposits6,161 5,845 
Taxes payable6,157 9,704 
Lease liability4,604 5,139 
Other20,778 17,163 
Land banking financing arrangements— 7,976 
Total accrued expenses and other liabilities$146,280 $157,971 
Changes in Company's Warranty Accrual
Changes to our warranty accrual are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Warranty reserves, beginning of period$14,300 $16,500 $14,500 $16,100 
Warranty provision1,490 (594)1,906 986 
Warranty expenditures(990)(406)(1,606)(1,586)
Warranty reserves, end of period$14,800 $15,500 $14,800 $15,500