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INVESTMENT IN UNCONSOLIDATED ENTITIES - Summarized Balance Sheet Data (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
ASSETS      
Inventories $ 2,298,080 $ 2,213,479 $ 2,239,125
Cash and cash equivalents 430,875 353,801 131,771
Real estate and related intangible assets, net 9,037 25,270  
Total assets 3,076,417 2,969,288 $ 2,885,784
LIABILITIES:      
Accounts payable and other liabilities 100,292 81,649  
Redeemable Legacy Interests 593,827 591,606  
Capital (Percentage Interest) 749,436 678,054  
Notes payable, net 525,737 622,186  
Other liabilities, net 63,297 78,074  
Members’ capital 2,155,097 1,982,104  
Total liabilities and capital 3,076,417 2,969,288  
INVESTMENT IN UNCONSOLIDATED ENTITIES 185,324 252,816  
Great Park      
LIABILITIES:      
The Company’s share of capital in Great Park Venture 105,121 156,105  
Unamortized basis difference 46,526 57,681  
INVESTMENT IN UNCONSOLIDATED ENTITIES 151,647 213,786  
Gateway Commercial Venture LLCA      
LIABILITIES:      
INVESTMENT IN UNCONSOLIDATED ENTITIES 32,943 37,781  
Great Park      
ASSETS      
Inventories 274,738 391,352  
Cash and cash equivalents 118,256 61,054  
Note receivable and other assets 169,604 166,793  
Total assets 562,598 619,199  
LIABILITIES:      
Accounts payable and other liabilities 282,277 184,847  
Redeemable Legacy Interests 0 18,075  
Capital (Percentage Interest) 280,321 416,277  
Total liabilities and capital 562,598 619,199  
Gateway Commercial Venture LLCA      
ASSETS      
Real estate and related intangible assets, net 0 76,719  
Cash and restricted cash 257 5,574  
Note receivable and other assets 43,667 3,554  
Total assets 43,924 85,847  
LIABILITIES:      
Notes payable, net 0 28,850  
Other liabilities, net 0 6,623  
Members’ capital 43,924 50,374  
Total liabilities and capital $ 43,924 $ 85,847