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Segment information (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment information [Abstract] |
Revenue, Net Income (Loss), Assets by Segments | The following tables summarize financial information by segment (in thousands):
|  | Three months ended March 31, |
|  | 2024 |  |  | 2023 |
Home closing revenue: |  |  |  |  |  |
Alabama |  | $ | 39,655 |  |  | $ | 24,067 |
Atlanta |  |  | 62,620 |  |  |  | 76,174 |
Charlotte |  |  | 13,464 |  |  |  | 12,502 |
Houston |  |  | 24,030 |  |  |  | — |
Nashville |  |  | 22,030 |  |  |  | 23,889 |
Raleigh |  |  | 27,410 |  |  |  | 31,512 |
Total |  | $ | 189,209 |  |  | $ | 168,144 |
|  | Three months ended March 31, |
|  | 2024 |  |  | 2023 |
Net income (loss): |  |  |  |  |  |
Alabama |  | $ | 4,604 |  |  | $ | 2,241 |
Atlanta |  |  | 14,571 |  |  |  | 19,549 |
Charlotte |  |  | 1,624 |  |  |  | 1,933 |
Houston |  |  | 3,366 |  |  |  | — |
Nashville |  |  | 2,313 |  |  |  | 3,231 |
Raleigh |  |  | 4,810 |  |  |  | 7,231 |
Segment total |  |  | 31,288 |  |  |  | 34,185 |
Corporate (1) |  |  | (10,802 | ) |  |  | (5,359 | )
Total |  | $ | 20,486 |  |  | $ | 28,826 |
(1) | Corporate primarily includes corporate overhead costs, such as payroll and benefits, business insurance, information technology, office costs, outside professional services and travel costs, and certain other amounts that are not allocated to the reportable segments.
|  | March 31, 2024 |  |  | December 31, 2023 |
Assets: |  |  |  |  |  |
Alabama |  | $ | 55,714 |  |  | $ | 61,433 |
Atlanta |  |  | 102,512 |  |  |  | 86,647 |
Charlotte |  |  | 32,458 |  |  |  | 32,302 |
Houston (1) |  |  | 101,929 |  |  |  | 93,825 |
Nashville |  |  | 23,045 |  |  |  | 24,818 |
Raleigh |  |  | 34,308 |  |  |  | 28,897 |
Segment total |  |  | 349,966 |  |  |  | 327,922 |
Corporate (2) |  |  | 51,284 |  |  |  | 24,770 |
Total |  | $ | 401,250 |  |  | $ | 352,692 |
(1) | Balance includes goodwill of approximately $25.7 million resulting from the acquisition of Devon Street Homes, L.P.
(2) | Corporate primarily includes cash and cash equivalents, property and equipment, and other assets that are not allocated to the segments.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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