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Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Aggregated Assets, Liabilities and Operating Results of Entities as Equity-Method Investments
Aggregated assets, liabilities and equity of the entities we account for as equity-method investments are as follows (in thousands):
June 30, 2025December 31, 2024
Assets
Cash$25,225 $35,130 
Receivables914 1,777 
Real estate inventories696,591 628,729 
Other assets6,636 7,198 
Total assets$729,366 $672,834 
Liabilities and equity
Debt obligations and other liabilities$214,884 $198,543 
Company’s equity194,089 173,924 
Outside interests’ equity320,393 300,367 
Total liabilities and equity$729,366 $672,834 
Aggregated results of operations from unconsolidated entities (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Net sales$41,499 $34,016 $59,409 $63,914 
Other operating expense(12,226)(31,294)(26,107)(61,351)
Other income (expense), net(5)831 — 825 
Net income $29,268 $3,553 $33,302 $3,388 
Company’s equity in income of unconsolidated entities$471 $99 $966 $156