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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:
20242023
Lot deposits$48,152,609 $33,015,812 
Remaining purchase price352,163,924 231,333,171 
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.