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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 9 Months Ended
Sep. 30, 2024
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, 2024December 31, 2023
ROU assets$54,631 $51,275 
Lease liabilities57,285 54,040 
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, 2024December 31, 2023
 OutstandingEstimated work
remaining to
complete		OutstandingEstimated work
remaining to
complete
Sureties:
Sureties related to owned projects and lots under contract$989,870 $668,459 $975,979 $712,421 
Total Sureties$989,870 $668,459 $975,979 $712,421 
Letters of Credit (“LOCs”):
LOCs for land development108,252 N/A56,251 N/A
LOCs for general corporate operations5,000 N/A5,000 N/A
Total LOCs$113,252 N/A$61,251 N/A
Schedule of Accrued Liabilities Accrued liabilities at September 30, 2024 and December 31, 2023 consisted of the following (in thousands):
As of
 September 30, 2024December 31, 2023
Accruals related to real estate development and construction activities$190,575 $137,489 
Payroll and other benefits104,010 140,734 
Accrued interest17,316 6,331 
Accrued taxes15,224 25,569 
Warranty reserves35,351 37,360 
Lease liabilities57,285 54,040 
Other accruals20,110 23,241 
Total$439,871 $424,764 
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,
 2024202320242023
Balance, beginning of period$34,769 $36,215 $37,360 $35,575 
Additions to reserve from new home deliveries5,831 6,444 16,473 16,832 
Warranty claims, net of recoveries(5,249)(3,514)(18,482)(13,262)
Adjustments to pre-existing reserves— — — — 
Balance, end of period$35,351 $39,145 $35,351 $39,145