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Real Estate Inventories (Tables)
 6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Schedule of Real Estate Inventories
Real estate inventories consisted of the following (in thousands):
June 30, 2025December 31, 2024
Real estate inventories owned:
Homes completed or under construction$1,515,598 $1,294,928 
Land under development1,124,896 1,174,564 
Land held for future development159,022 157,348 
Model homes289,588 285,550 
Total real estate inventories owned3,089,104 2,912,390 
Real estate inventories not owned:
Land purchase and land option deposits212,198 241,069 
Total real estate inventories not owned212,198 241,069 
Total real estate inventories$3,301,302 $3,153,459 
Schedule of Interest Incurred, Capitalized and Expensed
Interest incurred, capitalized and expensed were as follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Interest incurred$20,374 $30,378 $41,693 $66,534 
Interest capitalized(20,374)(30,378)(41,693)(66,534)
Interest expensed$— $— $— $— 
Capitalized interest in beginning inventory$184,536 $226,957 $186,370 $221,647 
Interest capitalized as a cost of inventory20,374 30,378 41,693 66,534 
Interest previously capitalized as a cost of
inventory, included in cost of sales
(25,578)(39,164)(48,731)(70,010)
Capitalized interest in ending inventory$179,332 $218,171 $179,332 $218,171 
Schedule of Real Estate Inventory Impairments and Land Option Abandonments
Real estate inventory impairments and land and lot option abandonments and pre-acquisition charges consisted of the following (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Real estate inventory impairments$11,000 $— $11,000 $— 
Land and lot option abandonments and pre-acquisition charges2,096 968 3,169 1,370 
Total$13,096 $968 $14,169 $1,370