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Compensation Related Costs, Share Based Payments (Tables) | 3 Months Ended | 6 Months Ended
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Jun. 30, 2022 | Jun. 30, 2022
Share-based Payment Arrangement [Abstract] |  |
Summary of Equity-Based Compensation Plans with Grants Outstanding | During the second quarter of 2022, we issued 165,456 Options and 16,864 RSUs in a block grant to key management employees and Directors. Block grants are generally made once every four years. Option and RSU grants for the six month period ended June 30, 2022 totaled 168,366 and 17,694, respectively, and were granted under the NVR, Inc. 2014 Equity Incentive Plan (the "2014 Plan") and the NVR, Inc. 2018 Equity Incentive Plan (the "2018 Plan") as follows:
Options Granted |  | 2014 Plan |  | 2018 Plan
Options - service-only (1) |  | 55,415 |  |  | 31,351 |
Options - performance-based (2) |  | 55,415 |  |  | 26,185 |
Total Options Granted |  | 110,830 |  |  | 57,536 |
RSUs Granted |  |  |  |
RSUs - service-only (3) |  | — |  |  | 8,870 |
RSUs - performance-based (4) |  | — |  |  | 8,824 |
Total RSUs Granted |  | — |  |  | 17,694 |
(1)Of the 86,766 service-only Options granted, 68,466 Options will vest over four years in 25% increments on December 31, 2024, 2025, 2026, and 2027; 16,090 Options will vest over two years in 50% increments on December 31, 2026 and 2027; and the remaining 2,210 Options will vest over two years in 50% increments on December 31, 2024 and 2025. Vesting for the Options is contingent solely upon continued employment or continued service as a Director. (2)Of the 81,600 performance-based Options granted, 63,300 will vest over four years in 25% increments on December 31, 2024, 2025, 2026, and 2027; 16,090 Options will vest over two years in 50% increments on December 31, 2026 and 2027; and the remaining 2,210 Options will vest over two years in 50% increments on December 31, 2024 and 2025. Vesting for the performance-based Options is contingent upon both continued employment and the Company's return on capital performance during 2022 through 2024. (3)Of the 8,870 service-only RSUs granted, 5,109 will vest over two years in 50% increments on December 31, 2024 and 2025; 3,119 RSUs will vest over four years in 25% increments on December 31, 2024, 2025, 2026, and 2027; and the remaining 642 RSUs will vest over two years in 50% increments on December 31, 2026 and 2027. Vesting for the RSUs is contingent solely upon continued employment. (4)Of the 8,824 performance-based RSUs granted, 5,109 will vest over two years in 50% increments on December 31, 2024 and 2025; 3,119 RSUs will vest over four years in 25% increments on December 31, 2024, 2025, 2026, and 2027; and the remaining 596 RSUs will vest over two years in 50% increments on December 31, 2026 and 2027. Vesting for the performance-based RSUs is contingent upon both continued employment and the Company's return on capital performance during 2022 through 2024. |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award | The following table provides additional information relative to our equity-based compensation plans for the six months ended June 30, 2022:
|  | Shares |  | Weighted Avg. Per Share Exercise Price |  | Weighted Avg. Remaining Contract Life (years) |  | Aggregate Intrinsic Value
Stock Options |  |  |  |  |  |  |  |
Outstanding at December 31, 2021 |  | 534,695 |  |  | $ | 2,424.62 |  |  |  |  |
Granted |  | 168,366 |  |  | 4,487.97 |  |  |  |  |
Exercised |  | (43,719) |  |  | 2,598.73 |  |  |  |  |
Forfeited |  | (11,450) |  |  | 3,406.42 |  |  |  |  |
Outstanding at June 30, 2022 |  | 647,892 |  |  | $ | 2,931.72 |  |  | 6.1 |  | $ | 788,955 |
Exercisable at June 30, 2022 |  | 297,665 |  |  | $ | 1,927.47 |  |  | 3.6 |  | $ | 618,152 |
RSUs |  |  |  |  |  |  |  |
Outstanding at December 31, 2021 |  | 16,564 |  |  |  |  |  |  |
Granted |  | 17,694 |  |  |  |  |  |  |
Vested |  | — |  |  |  |  |  |  |
Forfeited |  | (1,314) |  |  |  |  |  |  |
Outstanding at June 30, 2022 |  | 32,944 |  |  |  |  |  |  | $ | 131,912 |
Vested, but not issued at June 30, 2022 |  | — |  |  |  |  |  |  | $ | — |
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions |  | The fair value of the Options granted during the first six months of 2022 was estimated on the grant date using the Pricing Model, based on the following assumptions:
Estimated option life (years) |  | 5.60
Risk free interest rate (range) |  | 1.17%-3.07%
Expected volatility (range) |  | 24.93%-30.52%
Expected dividend rate |  | —%
Weighted average grant-date fair value per share of options granted |  | $ | 1,434.57 |

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