v3.26.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Lines of Credit Outstanding and Warehouse Facilities
Borrowings on lines of credit outstanding, net of debt issuance costs, as of September 30, 2026 and December 31, 2025 consisted of the following (in thousands):
September 30, 2026December 31, 2025
Secured Revolving Credit Facility $— $— 
Unsecured Revolving Credit Facility105,000 — 
Warehouse Facilities33,355 46,398 
Debt issuance costs, net of amortization(1,929)(2,465)
Total borrowings on lines of credit, net$136,426 $43,933 
GRBK Mortgage, a wholly owned subsidiary of the Company, is party to warehouse facilities to fund its origination of mortgage loans (the “Warehouse Facilities”) as follows (in thousands):
Outstanding Balance As of
Maturity Date
Maximum Aggregate Commitment
September 30, 2026December 31, 2025
January 29, 2027$40,000 $— $16,828 
January 31, 202760,000 30,918—
December 15, 202740,000 2,43729,570
$140,000 $33,355 $46,398 
Schedule of Senior Unsecured Notes
Senior unsecured notes, net of debt issuance costs, as of September 30, 2026 and December 31, 2025 consisted of the following (in thousands):
September 30, 2026December 31, 2025
4.00% senior unsecured notes due in 2026 (“2026 Notes”)
$— $50,000 
3.35% senior unsecured notes due in 2027 (“2027 Notes”)
37,500 37,500 
3.25% senior unsecured notes due in 2028 (“2028 Notes”)
50,000 75,000 
3.25% senior unsecured notes due in 2029 (“2029 Notes”)
100,000 100,000 
Debt issuance costs, net of amortization(281)(528)
Total senior unsecured notes, net$187,219 $261,972