v3.26.1
Investments in Unconsolidated Entities - Schedule of Aggregated Assets, Liabilities and Operating Results of Entities as Equity-Method Investments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Assets          
Cash $ 462,085   $ 462,085   $ 982,814
Receivables 175,514   175,514   147,250
Real estate inventories 3,436,045   3,436,045   3,178,248
Other assets 211,811   211,811   187,899
Total assets 4,817,766   4,817,766   4,977,535
Liabilities and equity          
Company’s equity 3,140,839   3,140,839   3,315,834
Outside interests’ equity 210   210   95
Total liabilities and equity 4,817,766   4,817,766   4,977,535
Other operating expense (812) $ (793) (1,625) $ (1,587)  
Net (loss) income (157,686) 60,710 (150,876) 124,727  
Company’s equity in (loss) income of unconsolidated entities (24) 471 (112) 966  
Equity Method Investment, Nonconsolidated Investee or Group of Investees          
Assets          
Cash 28,308   28,308   34,867
Receivables 1,595   1,595   446
Real estate inventories 890,735   890,735   695,084
Other assets 269   269   615
Total assets 920,907   920,907   731,012
Liabilities and equity          
Debt obligations and other liabilities 291,548   291,548   217,956
Company’s equity 245,695   245,695   183,075
Outside interests’ equity 383,664   383,664   329,981
Total liabilities and equity 920,907   920,907   $ 731,012
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) 0  
Net (loss) income (184) (1,426) (472) 2,608  
Company’s equity in (loss) income of unconsolidated entities $ (24) $ 471 $ (112) $ 966