XML 35 R19.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Lot purchase agreement deposits | 12 Months Ended
--- | ---
Dec. 31, 2024
Real Estate [Abstract] |
Lot purchase agreement deposits | Note 11 - Lot deposits As of December 31, 2024 all interests in option contracts, including with related parties, are recorded within Lot deposits on the Consolidated Balance Sheets and presented in the table below. The following table provides a summary of the Company’s interest in option contracts as of December 31, 2024 and 2023:
| 2024 |  | 2023
Lot deposits | $ | 48,152,609 |  |  | $ | 33,015,812 |
Remaining purchase price | 352,163,924 |  |  | 231,333,171 |
Total contract value | $ | 400,316,533 |  |  | $ | 264,348,983 |
Out of the lot deposits outstanding as of December 31, 2024 and 2023, $6,824,825 and $28,363,053, respectively, are with related parties. For the years ended December 31, 2024 and 2023, the Company had $530,500 and zero forfeited option contract deposits, respectively. The deposits placed by the Company pursuant to the option contracts are deemed to be a variable interest. See Note 3 - Summary of significant accounting policies for the policy and conclusions about unconsolidated variable interest entities.

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 974 -SubTopic 720 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477728/974-720-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 976 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/976/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 978 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/978/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 970 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/970/tableOfContent Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 972 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/972/tableOfContent Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 974 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/974/tableOfContent + Details
Name: | us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration