XML 38 R21.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Disclosures Fair Value Disclosures (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis
Our assets and liabilities measured or disclosed at fair value are summarized below ($000’s omitted): 
Financial Instrument
 
Fair Value
Hierarchy
 
Fair Value
September 30,
2019
 
December 31,
2018
 
 
 
 
 
 
 
Measured at fair value on a recurring basis:
 
 
 
 
 
 
Residential mortgage loans available-for-sale
 
Level 2
 
$
383,893

 
$
461,354

Interest rate lock commitments
 
Level 2
 
11,003

 
9,035

Forward contracts
 
Level 2
 
(64
)
 
(6,914
)
Whole loan commitments
 
Level 2
 
276

 
(718
)
 
 
 
 
 
 
 
Measured at fair value on a non-recurring basis:
 
 
 
 
 
 
House and land inventory
 
Level 3
 
$
2,610

 
$
18,253

Land held for sale
 
Level 2
 
4,975

 
17,813

 
 
 
 
 
 
 
Disclosed at fair value:
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
 
Level 1
 
$
768,644

 
$
1,133,700

Financial Services debt
 
Level 2
 
249,360

 
348,412

Senior notes payable
 
Level 2
 
2,986,310

 
2,857,830

Other notes payable
 
Level 2
 
32,658

 
41,313