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OPERATING AND REPORTING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Homebuilding revenue (1):
West			$	452,165					$	382,245					$	845,595					$	764,493
Central			403,838						296,357						726,022						556,484
East			421,596						354,477						789,763						613,115
Consolidated total			$	1,277,599					$	1,033,079					$	2,361,380					$	1,934,092
Homebuilding segment operating income:
West			$	78,938					$	44,742					$	143,189					$	86,636
Central			84,965						37,895						141,958						66,814
East			73,477						37,791						123,656						59,552
Total homebuilding segment operating income			237,380						120,428						408,803						213,002
Financial services segment profit			4,615						3,789						8,375						6,627
Corporate and unallocated costs (2)			(9,456)						(7,764)						(19,370)						(16,938)
Interest expense			(77)						(2,105)						(167)						(2,121)
Other income, net			1,377						1,514						2,175						2,125
Loss on early extinguishment of debt			(18,188)						—						(18,188)						—
Net earnings before income taxes			$	215,651					$	115,862					$	381,628					$	202,695

(1)Homebuilding revenue includes the following land closing revenue, by segment, as outlined in the table below:

			Three Months Ended June 30,												Six Months Ended June 30,
			2021						2020						2021						2020
Land closing revenue:
West			$	12,956					$	456					$	12,956					$	4,974
Central			—						382						3,799						4,600
East			—						650						—						2,510
Total			$	12,956					$	1,488					$	16,755					$	12,084

(2)Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.

Schedule of Segment Assets

						At June 30, 2021
						West						Central						East						Financial Services						Corporate  and Unallocated						Total
Deposits on real estate under option or contract						$	27,918					$	14,214					$	32,265					$	—					$	—					$	74,397
Real estate						1,395,152						952,733						903,902						—						—						3,251,787
Investments in unconsolidated entities						207						3,002						—						—						734						3,943
Other assets						59,078			(1)			162,813			(2)			75,701			(3)			641						693,193			(4)			991,426
Total assets						$	1,482,355					$	1,132,762					$	1,011,868					$	641					$	693,927					$	4,321,553

(1)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and property and equipment.

(2)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and prepaid expenses and other assets.

(3)Balance consists primarily of cash and cash equivalents, goodwill, prepaid expenses and other assets and property and equipment.

(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaid expenses and other assets.

						At December 31, 2020
						West						Central						East						Financial Services						Corporate  and Unallocated						Total
Deposits on real estate under option or contract						$	22,493					$	11,154					$	25,887					$	—					$	—					$	59,534
Real estate						1,154,488						814,919						808,632						—						—						2,778,039
Investments in unconsolidated entities						261						3,090						—						—						999						4,350
Other assets						51,271			(1)			122,933			(2)			81,601			(3)			612						766,058			(4)			1,022,475
Total assets						$	1,228,513					$	952,096					$	916,120					$	612					$	767,057					$	3,864,398

(1)Balance consists primarily of cash and cash equivalents and property and equipment.

(2)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and prepaids and other assets.

(3)Balance consists primarily of cash and cash equivalents, goodwill, prepaids and other assets and property and equipment.

(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaids and other assets.

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

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-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
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