v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 99,970 $ 154,590
Restricted cash 25,615 36,395
Receivables 24,891 39,982
Real estate inventory:    
Inventory owned 2,149,081 1,941,524
Consolidated inventory related to VIE 189,403 157,687
Total inventory 2,338,484 2,099,211
Mortgage loans held for sale 33,143 49,099
Investments in unconsolidated entities 86,862 93,050
Right-of-use assets - operating leases 6,396 7,475
Property and equipment, net 6,570 6,316
Earnest money deposits 15,280 13,151
Deferred income tax assets, net 11,243 11,243
Intangible assets, net 133 197
Goodwill 680 680
Other assets 26,680 23,378
Total assets 2,675,947 2,534,767
Liabilities:    
Accounts payable 104,062 94,516
Accrued expenses 105,042 152,637
Customer and builder deposits 27,983 25,716
Lease liabilities - operating leases 7,464 8,637
Borrowings on lines of credit, net 103,071 (2,465)
Senior unsecured notes, net 187,219 261,972
Warehouse lines of credit 33,355 46,398
Notes payable 14,371 14,371
Total liabilities 582,567 601,782
Commitments and contingencies
Redeemable noncontrolling interest in equity of consolidated subsidiary 56,307 52,271
Green Brick Partners, Inc. stockholders’ equity    
Preferred stock, $0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 47,603 47,603
Common stock, $0.01 par value: 100,000,000 shares authorized; 42,743,015 and 43,205,947 issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 427 432
Additional paid-in capital 242,802 243,816
Retained earnings 1,727,412 1,567,111
Total Green Brick Partners, Inc. stockholders’ equity 2,018,244 1,858,962
Noncontrolling interests 18,829 21,752
Total equity 2,037,073 1,880,714
Total liabilities and equity $ 2,675,947 $ 2,534,767