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Payables and Accruals | 12 Months Ended
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Dec. 31, 2022
Payables and Accruals [Abstract] |
Accounts Payable and Accrued Liabilities Disclosure | 7. ACCRUED EXPENSES A summary of the Company’s accrued expenses is as follows (in thousands):
|  | December 31, 2022 |  | December 31, 2021
Real estate development reserve to complete(1) |  | 28,793 |  |  | 14,551 |
Warranty reserve |  | 17,945 |  |  | 9,378 |
Accrued compensation |  | 13,917 |  |  | 8,493 |
Other accrued expenses |  | 30,626 |  |  | 28,929 |
Total accrued expenses |  | 91,281 |  |  | 61,351 |
(1)Our real estate development reserve to complete consists of estimated future costs to finish the development of our communities. Warranties Warranty activity, included in accrued expenses in our consolidated balance sheets, consists of the following (in thousands):
| December 31, 2022 |  | December 31, 2021
Warranty accrual, beginning of period | $ | 9,378 |  |  | $ | 6,407 |
Warranties issued | 8,295 |  |  | 6,174 |
Changes in liability for existing warranties | 4,559 |  |  | (357) |
Settlements made | (4,287) |  |  | (2,846) |
Warranty accrual, end of period | $ | 17,945 |  |  | $ | 9,378 |

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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