v3.26.1
VARIABLE INTEREST ENTITIES AND CONSOLIDATED REAL ESTATE NOT OWNED - Summary of Lots Under Option (Details)
$ in Thousands
Mar. 31, 2026
USD ($)
lot
Projected Number of Lots  
Purchase and option contracts — committed | lot 19,740
Purchase and option contracts — refundable deposits, uncommitted | lot 14,628 [1]
Total purchase and option contracts not recorded on balance sheet | lot 34,368 [2]
Purchase Price  
Purchase and option contracts — committed $ 3,739,750
Purchase and option contracts — refundable deposits, uncommitted 1,014,956 [1]
Total purchase and option contracts not recorded on balance sheet 4,754,706 [2]
Option/ Earnest  Money Deposits–Cash  
Purchase and option contracts — committed 159,149
Purchase and option contracts — refundable deposits, uncommitted 7,087 [1]
Total purchase and option contracts not recorded on balance sheet $ 166,236 [2],[3]
Land Under Purchase Contracts And Options, Recorded, Number Of Lots | lot 3,161
Land Under Purchase Contracts And Options, Recorded $ 65,159
Land Under Purchase Contracts And Options, Recorded, Cash Deposits $ 0
[1] We have not completed our acquisition evaluation process and we have not internally committed to purchase these lots.
[2] one of our purchase or option contracts require us to purchase lots, except for our specific performance contracts. The purchase price for specific performance contracts are recorded on the accompanying unaudited consolidated balance sheets as Real estate
[3] Amount is reflected on the accompanying unaudited consolidated balance sheets in Deposits on real estate under option or contract as of March 31, 2026.
(4)Deposits for specific performance contracts are recorded on the accompanying unaudited consolidated balance sheets as Real estate.