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Segment Information
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment information Segment information
Our Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. For reporting purposes, our Homebuilding operations are aggregated into six reportable segments:

Northeast:Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia
Southeast:Georgia, North Carolina, South Carolina, Tennessee
Florida:Florida
Midwest:Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio
Texas:Texas
West:Arizona, California, Colorado, Nevada, New Mexico, Oregon, Utah, Washington

We also have a reportable segment for our Financial Services operations, which consist principally of mortgage banking, title, and insurance agency operations that operate generally in the same markets as the Homebuilding segments.
Operating Data by Segment
($000’s omitted)
 Three Months EndedNine Months Ended
September 30,September 30,
 2024202320242023
Revenues:
Northeast$265,395 $234,475 $723,096 $684,495 
Southeast666,807 646,927 2,155,684 2,009,556 
Florida1,181,792 1,220,036 3,670,848 3,525,623 
Midwest660,694 543,772 1,847,562 1,412,102 
Texas569,663 487,521 1,694,259 1,587,752 
West1,018,160 794,082 2,615,859 2,321,523 
4,362,511 3,926,813 12,707,308 11,541,051 
Financial Services113,831 76,720 317,848 226,875 
Consolidated revenues$4,476,342 $4,003,533 $13,025,156 $11,767,926 
Income (loss) before income taxes:
Northeast$56,805 $52,265 $157,148 $150,227 
Southeast145,725 144,643 494,613 469,653 
Florida270,428 316,113 884,656 904,916 
Midwest134,391 105,267 352,519 242,552 
Texas95,244 99,433 298,724 305,552 
West152,973 107,537 376,312 307,537 
Other homebuilding (a)
(4,296)(6,893)99,896 32,666 
851,270 818,365 2,663,868 2,413,103 
Financial Services54,926 28,949 159,283 89,346 
Consolidated income before income taxes$906,196 $847,314 $2,823,151 $2,502,449 

(a)Other homebuilding includes the amortization of intangible assets and capitalized interest and other items not allocated to the other segments. Other homebuilding also includes insurance reserve reversals of $78.7 million for the nine months ended September 30, 2024, and $66.2 million for the nine months ended September 30, 2023, (see Note 8), and a gain of $37.7 million for the nine months ended September 30, 2024 related to the sale of our minority interest in a joint venture.
Operating Data by Segment
($000’s omitted)
Three Months EndedNine Months Ended
September 30,September 30,
2024202320242023
Land-related charges (a):
Northeast$5,890 $197 $7,494 $266 
Southeast188 2,616 2,744 5,643 
Florida1,085 338 2,002 2,430 
Midwest188 282 835 886 
Texas1,257 59 1,764 388 
West3,352 2,889 4,796 6,689 
Other homebuilding171 487 294 676 
$12,131 $6,868 $19,929 $16,978 

(a)    Land-related charges include land impairments, net realizable value adjustments on land held for sale, and write-offs of deposits and pre-acquisition costs for land option contracts we elected not to pursue. Other homebuilding consists primarily of write-offs of capitalized interest related to such land-related charges.

 Operating Data by Segment
($000's omitted)
September 30, 2024
 Homes Under
Construction		Land Under
Development		Raw LandConsolidated Inventory Not OwnedTotal
Inventory		Total
Assets
Northeast$416,146 $307,118 $4,175 $— $727,439 $863,828 
Southeast781,382 1,012,198 43,900 10,830 1,848,310 2,173,809 
Florida (a)
1,372,237 1,444,069 134,885 22,815 2,974,006 3,613,361 
Midwest718,718 667,987 15,435 3,279 1,405,419 1,587,979 
Texas618,259 797,086 107,231 29,792 1,552,368 1,840,163 
West2,117,307 1,408,440 188,767 — 3,714,514 4,263,595 
Other homebuilding (b)
32,359 379,416 8,101 — 419,876 1,682,875 
6,056,408 6,016,314 502,494 66,716 12,641,932 16,025,610 
Financial Services— — — — — 929,483 
$6,056,408 $6,016,314 $502,494 $66,716 $12,641,932 $16,955,093 
 Operating Data by Segment
($000's omitted)
 December 31, 2023
 Homes Under
Construction		Land Under
Development		Raw LandConsolidated Inventory Not OwnedTotal
Inventory		Total
Assets
Northeast$312,903 $337,130 $4,091 $— $654,124 $775,316 
Southeast786,698 826,240 80,451 27,963 1,721,352 1,994,492 
Florida (a)
1,405,934 1,211,087 205,843 48,139 2,871,003 3,420,924 
Midwest621,144 685,139 14,265 3,472 1,324,020 1,476,166 
Texas634,574 721,032 101,394 40,948 1,497,948 1,686,609 
West1,473,617 1,688,498 190,082 — 3,352,197 3,752,089 
Other homebuilding (b)
27,980 336,867 9,879 — 374,726 2,140,954 
5,262,850 5,805,993 606,005 120,522 11,795,370 15,246,550 
Financial Services— — — — — 840,500 
$5,262,850 $5,805,993 $606,005 $120,522 $11,795,370 $16,087,050 
 
(a)Florida includes goodwill of $28.6 million, net of cumulative impairment charges of $20.2 million.
(b)Other homebuilding primarily includes cash and equivalents, capitalized interest, intangibles, deferred tax assets, and other corporate items that are not allocated to the operating segments. Other homebuilding also includes goodwill of $40.4 million.