v3.26.1
Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Aggregated Assets, Liabilities and Operating Results of Entities as Equity-Method Investments
Aggregated assets, liabilities and equity of the entities we account for as equity-method investments are as follows (in thousands):
June 30, 2026December 31, 2025
Assets
Cash$28,308 $34,867 
Receivables1,595 446 
Real estate inventories890,735 695,084 
Other assets269 615 
Total assets$920,907 $731,012 
Liabilities and equity
Debt obligations and other liabilities$291,548 $217,956 
Company’s equity245,695 183,075 
Outside interests’ equity383,664 329,981 
Total liabilities and equity$920,907 $731,012 
Aggregated results of operations from unconsolidated entities (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net sales$20,790 $52,629 $40,169 $70,539 
Other operating expense(20,967)(54,050)(40,425)(67,931)
Other income (expense), net(7)(5)(216)— 
Net (loss) income $(184)$(1,426)$(472)$2,608 
Company’s equity in (loss) income of unconsolidated entities$(24)$471 $(112)$966