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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 9 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Lease, Cost The table below outlines our ROU assets and lease liabilities (in thousands):
As of
September 30, 2023December 31, 2022
ROU assets$49,619 $19,129 
Lease liabilities52,340 22,782 
Schedule of Surety Bond and Letter of Credit Obligations The table below outlines our surety bond and letter of credit obligations (in thousands):
As of
 September 30, 2023December 31, 2022
 OutstandingEstimated work
remaining to
complete		OutstandingEstimated work
remaining to
complete
Sureties:
Sureties related to owned projects and lots under contract$1,005,561 $738,545 $926,928 $616,028 
Total Sureties$1,005,561 $738,545 $926,928 $616,028 
Letters of Credit (“LOCs”):
LOCs for land development35,554 N/A49,442 N/A
LOCs for general corporate operations5,000 N/A5,000 N/A
Total LOCs$40,554 N/A$54,442 N/A
Schedule of Accrued Liabilities Accrued liabilities at September 30, 2023 and December 31, 2022 consisted of the following (in thousands):
As of
 September 30, 2023December 31, 2022
Accruals related to real estate development and construction activities$145,467 $139,447 
Payroll and other benefits107,413 110,338 
Accrued interest18,257 7,026 
Accrued taxes28,674 25,182 
Warranty reserves39,145 35,575 
Lease liabilities52,340 22,782 
Other accruals21,796 20,265 
Total$413,092 $360,615 
Summary of Changes in Warranty Reserves A summary of changes in our warranty reserves follows (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2023202220232022
Balance, beginning of period$36,215 $31,437 $35,575 $26,264 
Additions to reserve from new home deliveries6,444 5,583 16,832 15,419 
Warranty claims and recoveries(3,514)(5,305)(13,262)(9,968)(1)
Adjustments to pre-existing reserves— — — — 
Balance, end of period$39,145 $31,715 $39,145 $31,715 
(1)