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OPERATING AND REPORTING SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information
 Three Months Ended September 30,Nine Months Ended September 30,
 2023202220232022
Homebuilding revenue (1):
West$606,833 $598,147 $1,569,947 $1,580,456 
Central454,228 500,582 1,338,387 1,280,242 
East552,039 479,292 1,551,474 1,416,638 
Consolidated total$1,613,100 $1,578,021 $4,459,808 $4,277,336 
Homebuilding segment operating income:
West$94,885 $121,060 $185,977 $357,319 
Central84,575 112,141 233,357 287,604 
East109,318 104,872 273,711 317,815 
Total homebuilding segment operating income 288,778 338,073 693,045 962,738 
Financial services segment profit5,700 4,842 6,066 12,255 
Corporate and unallocated costs (2)
(21,168)(13,350)(42,680)(27,034)
Interest expense— — — (41)
Other income/(expense), net13,331 (74)35,037 (849)
Loss on early extinguishment of debt(907)— (907)— 
Earnings before income taxes$285,734 $329,491 $690,561 $947,069 
 
(1)Homebuilding revenue includes the following land closing revenue, by segment:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Land closing revenue:
West$— $8,120 $26,575 $40,927 
Central1,541 869 4,019 10,374 
East1,242 — 13,953 2,600 
Total$2,783 $8,989 $44,547 $53,901 
(2)Balance consists primarily of corporate costs and 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 September 30, 2023
 WestCentralEastFinancial ServicesCorporate  and
Unallocated
Total
Deposits on real estate under option or contract$17,655 $12,853 $62,993 $— $— $93,501 
Real estate1,664,257 1,231,251 1,605,850 — — 4,501,358 
Investments in unconsolidated entities73 2,833 11,278 — 878 15,062 
Other assets62,498 (1)259,753 (2)104,404 (3)1,320 1,143,974 (4)1,571,949 
Total assets$1,744,483 $1,506,690 $1,784,525 $1,320 $1,144,852 $6,181,870 

(1)Balance consists primarily of cash and cash equivalents, other receivables and property and equipment, net.
(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 (see Note 9), prepaids and other assets and property and equipment, net.
(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaids and other assets.
 At December 31, 2022
 WestCentralEastFinancial ServicesCorporate  and
Unallocated
Total
Deposits on real estate under option or contract$21,599 $8,992 $46,138 $— $— $76,729 
Real estate1,775,879 1,298,455 1,283,929 — — 4,358,263 
Investments in unconsolidated entities110 2,866 7,503 — 1,274 11,753 
Other assets99,267 (1)241,470 (2)132,181 (3)1,536 850,902 (4)1,325,356 
Total assets$1,896,855 $1,551,783 $1,469,751 $1,536 $852,176 $5,772,101 
(1)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and property and equipment, net.
(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, net.
(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaids and other assets.