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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Disaggregation of Revenue The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition (in thousands):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
| Residential units revenue |  | Land and lots revenue |  | Residential units revenue |  | Land and lots revenue |  | Residential units revenue |  | Land and lots revenue
Primary Geographical Market |  |  |  |  |  |  |  |  |  |  |
Central | $ | 1,489,472 |  |  | $ | 28,807 |  |  | $ | 1,270,599 |  |  | $ | 7,980 |  |  | $ | 1,181,393 |  |  | $ | 46,479 |
Southeast | 580,664 |  |  | — |  |  | 498,656 |  |  | 475 |  |  | 522,558 |  |  | 7,363 |
Total revenues | $ | 2,070,136 |  |  | $ | 28,807 |  |  | $ | 1,769,255 |  |  | $ | 8,455 |  |  | $ | 1,703,951 |  |  | $ | 53,842 |
Type of Customer |  |  |  |  |  |  |  |  |  |  |
Homebuyers | $ | 2,070,136 |  |  | $ | — |  |  | $ | 1,769,255 |  |  | $ | — |  |  | $ | 1,703,951 |  |  | $ | — |
Homebuilders and Multi-family Developers | — |  |  | 28,807 |  |  | — |  |  | 8,455 |  |  | — |  |  | 53,842 |
Total revenues | $ | 2,070,136 |  |  | $ | 28,807 |  |  | $ | 1,769,255 |  |  | $ | 8,455 |  |  | $ | 1,703,951 |  |  | $ | 53,842 |
Product Type |  |  |  |  |  |  |  |  |  |  |
Residential units | $ | 2,070,136 |  |  | $ | — |  |  | $ | 1,769,255 |  |  | $ | — |  |  | $ | 1,703,951 |  |  | $ | — |
Land and lots | — |  |  | 28,807 |  |  | — |  |  | 8,455 |  |  | — |  |  | 53,842 |
Total revenues | $ | 2,070,136 |  |  | $ | 28,807 |  |  | $ | 1,769,255 |  |  | $ | 8,455 |  |  | $ | 1,703,951 |  |  | $ | 53,842 |
Timing of Revenue Recognition (1) |  |  |  |  |  |  |  |  |  |  |
Transferred at a point in time | $ | 2,069,756 |  |  | $ | 28,807 |  |  | $ | 1,767,788 |  |  | $ | 8,455 |  |  | $ | 1,696,911 |  |  | $ | 53,842 |
Transferred over time | 380 |  |  | — |  |  | 1,467 |  |  | — |  |  | 7,040 |  |  | — |
Total revenues | $ | 2,070,136 |  |  | $ | 28,807 |  |  | $ | 1,769,255 |  |  | $ | 8,455 |  |  | $ | 1,703,951 |  |  | $ | 53,842 |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] | The aggregate amount of transaction price allocated to the remaining performance obligations on our land sale and lot option contracts is $12.4 million. The Company will recognize the remaining revenue when the lots are taken down, or upon closing for the sale of a land parcel, which is expected to occur as follows (in thousands):
2025 | $ | 8,443 |
2026 | 3,946 |
Total | $ | 12,389 |
The timing of lot takedowns is contingent upon a number of factors, including customer needs and demand, the number of lots being purchased, receipt of acceptance of the plat by the municipality, weather-related delays, and agreed-upon lot takedown schedules.
Contract with Customer, Asset and Liability [Table Text Block] | Contract Balances Opening and closing contract balances included in customer and builder deposits on the consolidated balance sheets are as follows (in thousands):
| December 31, 2024 |  | December 31, 2023
Customer and builder deposits | $ | 37,068 |  |  | $ | 43,148 |
The difference between the opening and closing balances of customer and builder deposits results from the timing difference between the customer’s payment of a deposit and the Company’s delivery of the home, impacted slightly by terminations of contracts. The amount of deposits on residential units and land and lots held as of the beginning of the period and recognized as revenue during the years ended December 31, 2024 and 2023 are as follows (in thousands):
| 2024 |  | 2023
Type of Customer |  |  |
Homebuyers | $ | 41,402 |  |  | $ | 26,575 |
Homebuilders and Multi-Family Developers | 900 |  |  | — |
Total deposits recognized as revenue | $ | 42,302 |  |  | $ | 26,575 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
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