Century Communities (CCS) 10-Q 9 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 27, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Entity Registrant Name	Century Communities, Inc.
Entity Central Index Key	1,576,940
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Trading Symbol	ccs
Entity Common Stock, Shares Outstanding		29,789,107

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 29,986	$ 88,832
Cash held in escrow	21,535	37,723
Accounts receivable	12,006	12,999
Inventories	1,480,208	1,390,354
Mortgage loans held for sale	40,179	52,327
Prepaid expenses and other assets	61,562	60,812
Property and equipment, net	29,816	27,911
Investment in unconsolidated subsidiaries	27,916	28,208
Deferred tax assets, net	8,363	5,555
Amortizable intangible assets, net	2,458	2,938
Goodwill	26,456	27,363
Total assets	1,740,485	1,735,022
Liabilities:
Accounts payable	23,194	24,831
Accrued expenses and other liabilities	146,118	150,356
Senior notes payable	776,742	776,283
Revolving line of credit
Mortgage repurchase facilities	37,013	48,319
Total liabilities	983,067	999,789
Stockholders' equity:
Preferred Stock, $0.01 par value, 50,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 29,789,107 and 29,502,624 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively	298	295
Additional paid-in capital	569,536	566,790
Retained earnings	187,584	168,148
Total stockholders' equity	757,418	735,233
Total liabilities and stockholders' equity	$ 1,740,485	$ 1,735,022

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2018	Dec. 31, 2017
Condensed Consolidated Balance Sheets [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock shares authorized	50,000,000	50,000,000
Preferred stock shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock shares authorized	100,000,000	100,000,000
Common stock shares issued	29,789,107	29,502,624
Common stock shares outstanding	29,789,107	29,502,624

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues
Total revenues	$ 401,846	$ 228,316
Homebuilding cost of revenues
Cost of home sales revenues	(319,583)	(182,324)
Costs of land sales and other revenues	(877)	(1,144)
Homebuilding cost of revenues	(320,460)	(183,468)
Financial services costs	(4,395)	(754)
Selling, general, and administrative	(56,522)	(33,212)
Acquisition expense	(173)	(523)
Equity in income of unconsolidated subsidiaries	3,168	1,255
Other income (expense)	(357)	437
Income before income tax expense	23,107	12,051
Income tax expense	(3,088)	(3,252)
Net income	$ 20,019	$ 8,799
Earnings per share:
Basic	$ 0.68	$ 0.40
Diluted	$ 0.67	$ 0.40
Weighted average common shares outstanding:
Basic	29,515,531	21,512,289
Diluted	29,833,729	21,722,540
Home Sales [Member]
Revenues
Total revenues	$ 394,831	$ 226,420
Land Sales And Other [Member]
Revenues
Total revenues	1,459	1,896
Homebuilding [Member]
Revenues
Total revenues	396,290	228,316
Financial Services [Member]
Revenues
Total revenues	$ 5,556

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Operating activities
Net income	$ 20,019	$ 8,799
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	2,726	1,383
Stock-based compensation expense	2,516	1,911
Deferred income taxes	(2,808)	(1,331)
Distribution of income from unconsolidated subsidiaries	3,460	852
Equity in income of unconsolidated subsidiaries	(3,168)	(1,255)
(Gain) loss on disposition of assets	259	59
Changes in assets and liabilities:
Cash held in escrow	16,188	2,828
Accounts receivable	994	(1,309)
Inventories	(82,377)	(21,254)
Prepaid expenses and other assets	56	393
Accounts payable	(1,637)	(7,429)
Accrued expenses and other liabilities	(12,947)	6,237
Mortgage loans held for sale	12,148
Net cash used in operating activities	(44,571)	(10,116)
Investing activities
Purchases of property and equipment	(2,370)	(1,052)
Other investing activities	295	25
Net cash used in investing activities	(2,075)	(1,027)
Financing activities
Borrowings under revolving credit facilities	60,000	45,000
Payments on revolving credit facilities	(60,000)	(175,000)
Proceeds from issuance of senior notes		127,500
Principal payments on notes payable		(1,582)
Debt issuance costs		(2,533)
Net proceeds from mortgage repurchase facilities	(11,307)
Net proceeds from issuances of common stock	5,021	15,023
Repurchases of common stock upon vesting of stock based compensation	(4,790)	(2,904)
Net cash provided by (used in) financing activities	(11,076)	5,504
Net decrease	(57,722)	(5,639)
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,954
Cash and cash equivalents and Restricted cash, End of period	35,991	25,315
Supplemental cash flow disclosure
Cash paid for income taxes	606
Cash and cash equivalents and Restricted cash
Cash and cash equivalents and Restricted cash	$ 93,713	$ 30,954

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation  Century Communities, Inc. (which we refer to as “we,” “CCS,” or the “Company”) is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in metropolitan areas in the States of California, Colorado, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. In many of our projects, in addition to building homes, we are responsible for the entitlement and development of the underlying land. Our homebuilding operations are organized into the following four reportable segments based on the geographic regions in which we operate: West, Mountain, Texas and Southeast. Additionally, our indirect wholly-owned subsidiaries, Inspire Home Loans Inc. and Parkway Title, LLC, which provide mortgage services and title services, respectively, to our home buyers have been identified as our Financial Services segment. On August 4, 2017, we acquired UCP, Inc. (which we refer to as “UCP”) which was a homebuilder and land developer with expertise in residential land acquisition, development and entitlement, as well as home design, construction and sales, and with operations in the States of California, Washington, North Carolina, South Carolina, and Tennessee. The merger was unanimously approved by the board of directors of both the Company and UCP and was also approved by UCP stockholders on August 1, 2017. In connection with the merger, each share of UCP Class A common stock outstanding immediately prior to the closing was converted into $5.32 in cash and 0.2309 of a newly issued share of our common stock. Approximately 4.2 million shares of our common stock were issued and $100.2 million in cash was paid in connection with the merger. Additionally, o n October 31, 2017, we acquired substantially all the assets and operations and assumed certain liabilities of Sundquist Homes, LLC and affiliates (which we refer to as “Sundquist Homes”), a homebuilder with operations in the greater Seattle, Washington area, for approximately $50.2 million in cash. The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (which we refer to as “GAAP”) for interim financial statements and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (which we refer to as the “SEC”). In the o pinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments consisting of normal recurring adjustments necessary for a fair presentation of our financial position and results of operations. Interim results of operations are not necessarily indicative of the results that may be achieved for the full year. The financial statements and related notes do not include all information and footnotes required by GAAP and should be read in conjunction with the consolidated financial statements for the year ended December 31, 2017, which are included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017 that was filed with the SEC on March 1, 2018. Principles of Consolidation The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest, and variable interest entities for which the Company is deemed to be the primary beneficiary. We do not have any variable interest entities in which we are deemed the primary beneficiary. All intercompany accounts and transactions have been eliminated. All numbers related to lots and communities disclosed in the notes to the consolidated financial statements are unaudited. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Recently Issued Accounting Standards In February 2016, the Financial Accounting Standards Board (which we refer to as “FASB”) issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. ASU 2016-02 is effective for the Company beginning January 1, 2019 and interim periods within the annual periods. We are currently evaluating the impact ASU 2016-02 will have on our consolidated financial statements. Recently Adopted Accounting Standards Cash Flows In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments.” ASU 2016-15 consists of eight provisions that provide guidance on the classification of certain cash receipts and cash payments in the statement of cash flows. In November 2016, the FASB issued ASU 2016-18 “Statement of Cash Flows – Restricted Cash.” ASU 2016-18 requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and restricted cash when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. We adopted ASU 2016-15 and 2016-18 on January 1, 2018. Upon adoption of 2016-15 and 2016-18, we have included restricted cash in the beginning and ending balances on our Statement of Cash Flows to present the changes during the period in total cash, cash equivalents and restricted cash. Distributions from investments in unconsolidated subsidiaries are classified based on the nature of the activity of the investee that generated the distribution on our Statement of Cash Flow. In accordance with ASU 2016-15, our prior year Statement of Cash Flows has also been retrospectively adjusted. Revenue Recognition On January 1, 2018 we adopted “Revenue from Contracts with Customers (ASC 606),” which we refer to as “ASC 606”. ASC 606 requires entities to recognize revenues when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. We adopted ASC 606 as of January 1, 2018 using the modified retrospective approach to contracts which were not completed as of January 1, 2018.  While the adoption of ASC 606 did not result in a material impact to our consolidated financial statements, it did impact the following:  · Certain immaterial costs incurred related to our model homes, which were previously capitalized to inventory, are now expensed as incurred. · Forfeited customer earnest money deposits, which were previously presented in other income within the Consolidated Statements of Operations, are presented as other revenue. During the three months ended March 31, 2018, we recognized $0.1 million of forfeited deposits. · Land sales to third parties which do not meet the definition of a customer in ASC 606 are classified as other income in our Consolidated Statements of Operations . During the three months ended March 31, 2018, we recorded $2.0 million from the disposition of land to third parties which were not considered customers. The related cost of these land dispositions during the same period totaled $2.1 million. · Deferral of an allocated amount of revenue and costs associated with unsatisfied performance obligations, primarily the installation of landscaping, at the time of home delivery. We deferred $1.4 million in revenue and $1.1 million in costs related to unsatisfied performance obligations on homes that we delivered during the three months ended March 31, 2018. · Reclassification of certain costs related to our model homes from inventory to property and equipment on our Consolidated Balance Sheets. Upon adoption, we reclassified $2.3 million from inventories to property and equipment. Under the modified retrospective approach, we have recorded an opening adjustment to decrease retained earnings by $0.6 million, related to model homes costs that were previously capitalized to inventory, but would have been expensed as incurred under ASC 606. This amount is included as a non-cash adjustment on our Condensed Consolidated Statement of Cash Flows. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting. Effective January 1, 2018 the following accounting policies have been modified to reflect the adoption of ASC 606. Home Sales Revenues - Under ASC 606, revenues from home sales and the related profit are recorded when our performance obligations are satisfied, which generally occurs when the respective homes are closed and title has passed to our homebuyers. We generally satisfy our performance obligations in less than one year from the contract date. Proceeds from home closings that are held for our benefit in escrow, are presented as “Cash held in escrow” on our Consolidated Balance Sheets. Cash held for our benefit in escrow is typically held by the escrow agent for less than a few days. When it is determined that the earnings process is not complete and we have remaining obligations, the related revenue and costs are deferred for recognition in future periods until those performance obligations have been satisfied. Prior to satisfying our performance obligations we typically receive deposits from customers related to sold but undelivered homes. These deposits are classified as earnest money deposits and are included in Accrued expenses and other liabilities on our Consolidated Balance Sheet s . Earnest money deposits totaled $1 7. 5 million and $1 4.1 million at March 31, 2018 and December 31, 2017, respectively. During the three months ended March 31, 2018, we recognized revenue of $6.6 million related to homes that closed during the period which had outstanding deposits as of December 31, 2017. Home and Sales Facilities – Costs related to our model homes and sales facilities are treated in one of three ways depending on their nature. Costs directly attributable to the home including upgrades that are permanent and sold with the home are capitalized to inventory and included in cost of home sales revenues when the unit is closed to the home buyer. Marketing related costs , such as non-permanent signage, brochures and marketing materials as well as the cost to convert the model into a salable unit are expensed as incurred. C osts to furnish the model home sites , permanent signage, and construction of sales facilities are capitalized to property and equipment and depreciated over the estimated life of the community based on the number of lots in the community which typically range from from 2 to 3 years. 

Reporting Segments

Reporting Segments	3 Months Ended
	Mar. 31, 2018
Reporting Segments [Abstract]
Reporting Segments	2. Reporting Segments Our homebuilding operations are engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in ten states, which are aggregated into four regions, each of which is managed by one of our regional presidents. Each of our homebuilding divisions is considered an operating segment, but has been aggregated into reportable segments defined by our regional structure as each region has similar economic characteristics and housing products. Each of our regional managers report to our chief operating decision makers (which we refer to as “CODMs”), the Co-Chief Executive Officers of our Company. The CODMs review the results of our operations, including total revenue and income before income tax expense to determine profitability, at the regional level. Accordingly, we have presented our homebuilding operations into the following reportable segments based on the geographic markets in which we operate: · West (Southern California, Central Valley, Bay Area and Washington) · Mountain (Colorado, Nevada and Utah) · Texas (Houston, San Antonio and Austin) · Southeast (Georgia, North Carolina, South Carolina and Tennessee) We have also identified our Financial Services operations, which provide mortgage and title services to our homebuyers, as a fifth reportable segment. Our Corporate operations are a nonoperating segment, as it serves to support our homebuilding operations through functions, such as our executive, finance, treasury, human resources, and accounting departments. We have adjusted prior period segment information to conform to the current period presentation. The following table summarizes total revenue and income before income tax expense by operating segment (in thousands):    Three months ended March 31,  2018 2017  Revenue:  West $ 118,920 $ —  Mountain 145,493 122,037  Texas 38,028 30,889  Southeast 93,849 75,390  Financial Services 5,556 —  Corporate — —  Total revenue $ 401,846 $ 228,316   Income (loss) before income tax expense:  West $ 9,869 $ —  Mountain 17,923 15,124  Texas 1,808 1,831  Southeast 4,681 5,816  Financial Services 1,161 (754)  Corporate (12,335) (9,966)  Total income before income tax expense $ 23,107 $ 12,051  The following table summarizes total assets by operating segment (in thousands):   March 31, December 31,  2018 2017  West $ 434,076 $ 394,215  Mountain 576,099 571,880  Texas 202,101 192,078  Southeast 418,832 401,618  Financial Services 56,036 63,137  Corporate 53,341 112,094  Total assets $ 1,740,485 $ 1,735,022 Corporate assets primarily include certain cash and cash equivalents, our investment in unconsolidated subsidiaries, prepaid insurance, and deferred financing costs on our revolving line of credit.

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Business Combinations	3. Business Combinations On August 4, 2017, we acquired UCP, Inc., which was a homebuilder and land developer with expertise in residential land acquisition, development and entitlement, as well as home design, construction and sales, and with operations in the States of California, Washington, North Carolina, South Carolina, and Tennessee. The merger was unanimously approved by the board of directors of both the Company and UCP and was also approved by UCP stockholders on August 1, 2017. In connection with the merger, each share of UCP Class A common stock outstanding immediately prior to the closing was converted into $5.32 in cash and 0.2309 of a newly issued share of our common stock. No fractional shares were issued in connection with the merger, and UCP stockholders received cash in lieu of any fractional shares. Approximately 4.2 million shares of our common stock were issued in connection with the merger and $100.2 million was paid in cash in connection with the merger. Outstanding UCP restricted stock units were also converted into an aggregate of 0.2 million of Century Communities restricted stock units pursuant to the merger. We determined that the total fair value of these awards was $6.2 million, of which $1.1 million was attributable to services performed by UCP employees prior to the merger and, as such, was included as consideration. We incurred approximately $9.6 million in acquisition related expenses, presented as “Acquisition expense” on the Unaudited Condensed Consolidated Statement of Operations related to the acquisition of UCP, Inc. Total consideration of $209.0 million, inclusive of cash acquired of $20.3 million for this merger, is summarized as follows (in thousands, except per share amount):    UCP shares (including noncontrolling interest) as of August 3, 2017 18,085  Cash paid per share $ 5.32  Cash consideration $ 96,213  Cash consideration pertaining to stockholder exercising appraisal rights $ 3,937  Total cash consideration $ 100,150   UCP shares (including noncontrolling interest) as of August 3, 2017 18,085  Exchange ratio 0.2309  Number of CCS shares issued 4,176  Closing price of Century Communities common stock on August 3, 2017 $ 25.80  Consideration attributable to common stock $ 107,737  Total replacement award value $ 1,149  Total equity consideration $ 108,886   Total consideration in cash and equity $ 209,036  The acquired assets consisted of approximately 4,199 owned lots within 43 total communities in California, Washington, North Carolina, South Carolina and Tennessee. The 4,199 lots included 346 homes in backlog and 59 model homes. As the acquired assets and processes have the ability to create outputs in the form of revenue from the sale of single family residences, we concluded that the acquisition represents a business combination.  The following table summarizes the initial estimate of the fair value of assets acquired and liabilities assumed as of the acquisition date (in thousands):    Cash and cash equivalents $ 20,264  Accounts receivable 7,248  Inventories 395,557  Prepaid expenses and other assets 6,988  Property and equipment, net 717  Deferred tax asset, net 7,931  Goodwill 5,092  Total assets $ 443,797   Accounts payable $ 10,712  Accrued expenses and other liabilities 71,130  Notes payable 152,919  Total liabilities 234,761  Purchase price/Net equity $ 209,036  The purchase price accounting reflected above is preliminary and is based upon estimates and assumptions that are subject to change within the measurement period (up to one year from the acquisition date). The measurement period remains open pending the completion of valuation procedures related to the acquired assets and assumed liabilities including inventories and our deferred tax asset. We have not yet finalized the allocation of goodwill to our reporting units. During the three months ended March 31, 2018, we recognized $1.5 million of expense related to refinements in our estimated fair value of inventories, which occurred during the period. This measurement period adjustment is included in “Cost of home sales revenues” on our Consolidated Statements of Operations. Acquired inventories consist of both acquired land and work in process inventories. We determined the estimate of fair value for acquired land inventory with the assistance of a third-party appraiser primarily using a forecasted cash flow approach for the development, marketing, and sale of each community acquired. Significant assumptions included in our estimate include future per lot development costs, construction and overhead costs, mix of products sold in each community, as well as average sales price, and absorption rates. We estimated the fair value of acquired work in process inventories based upon the stage of production of each unit and a gross margin that we believe a market participant would require to complete the remaining development and requisite selling efforts. The stage of production, as of the acquisition date, ranged from recently started lots to fully completed single family residences. We estimated a market participant would require a gross margin ranging from 6% to 20% based upon the stage of production of the individual lot. Goodwill represents the excess of the purchase price over the fair value of assets acquired and liabilities assumed. We expect that $6.5 million of Goodwill will be deductible for tax purposes. The purchase price accounting reflected in the accompanying financial statements is preliminary and is based upon estimates and assumptions that are subject to change within the measurement period (up to one year from the acquisition date).  On August 17, 2017, we sold BMCH South Carolina, LLC, a subsidiary of UCP that was acquired as part of our acquisition of UCP, Inc., to a third party for approximately $17.1 million. Accordingly, the estimated fair value of the acquired assets of BMCH South Carolina, LLC was determined to be equal to the disposal price given the proximity of the two transactions. We determined that UCP’s carrying costs approximated fair value for all other acquired assets and assumed liabilities. UCP’s results of operations, which include homebuilding revenues of $103.4 million and income before income tax of $6.6 million, are included in the accompanying Consolidated Statements of Operations for the three months ended March 31, 2018. Sundquist Homes On October 31, 2017, we acquired substantially all the assets and operations and assumed certain liabilities of Sundquist Homes and affiliates, a homebuilder with operations in the greater Seattle, Washington area, for approximately $50.2 million in cash. The acquired assets include owned and controlled land, homes under construction and model homes. As the acquired assets and processes have the ability to create outputs in the form of revenue from the sale of single family residences, we concluded that the acquisition represents a business combination.  The following table summarizes our preliminary estimates of the fair value of the assets acquired and liabilities assumed as of the acquisition date of Sundquist Homes (in thousands):    Accounts receivable $ 11  Inventories 55,077  Prepaid expenses and other assets 1,050  Property and equipment, net 142  Total assets $ 56,280   Accounts payable $ 3,646  Accrued expenses and other liabilities 2,431  Total liabilities 6,077  Purchase price/Net equity $ 50,203 Acquired inventories consist of both acquired land and work in process inventories. We determined the estimate of fair value for acquired land inventory with the assistance of a third-party appraiser primarily using a forecasted cash flow approach for the development, marketing, and sale of each community acquired. Significant assumptions included in our estimate include future per lot development costs, construction and overhead costs, mix of products sold in each community, as well as average sales price, and absorption rates. We estimated the fair value of acquired work in process inventories based upon the stage of production of each unit and a gross margin that we believe a market participant would require to complete the remaining development and requisite selling efforts. The stage of production, as of the acquisition date, ranged from recently started lots to fully completed single family residences. We estimated a market participant would require a gross margin ranging from 6% to 20% based upon the stage of production of the individual lot. The purchase price accounting reflected in the accompanying financial statements is preliminary and is based upon estimates and assumptions that are subject to change within the measurement period (up to one year from the acquisition date). We expect that $4.8 million of Goodwill will be deductible for tax purposes in connection with this acquisition. We determined that Sundquist Homes’s carrying costs approximated fair value for all other acquired assets and assumed liabilities. Sundquist Homes’s results of operations, which include homebuilding revenues of $21.4 million and income before tax of $4.1 million, are included in the accompanying Consolidated Statements of Operations for the three months ended March 31, 2018.  Unaudited Pro Forma Financial Information Unaudited pro forma revenues and income before tax expense for the three months ended March 31, 2017 gives effect to including the results of the acquisitions of UCP and Sundquist Homes as of January 1, 2017. Unaudited pro forma income before tax expense adjusts the operating results of UCP and Sundquist Homes to reflect the additional costs that would have been recorded assuming the fair value adjustments had been applied as of the beginning of the period presented and excludes acquisition expense incurred related to the transactions. Pro forma basic and diluted earnings per share (which we refer to as “EPS”) gives effect to the issuance of approximately 4.2 million shares of common stock as consideration for the acquisition of UCP as though the acquisition had occurred on January 1, 2017 (in thousands, except share and per share information):      Three months ended March 31,  2017  Total revenues $ 337,934   Income before tax expense $ 15,908  Tax expense (2,951)  Net income $ 12,957  Less: Undistributed earnings allocated to participating securities (145)  Numerator for basic and diluted pro forma EPS $ 12,812   Pro forma weighted average shares-basic 25,688,143  Pro forma weighted average shares-diluted 25,898,394   Pro forma basic EPS $ 0.50  Pro forma diluted EPS $ 0.49  No pro forma financial information is required for the three months ended March 31, 2018 as our acquisitions of UCP Inc. and Sundquist Homes occurred in 2017.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Inventories	4. Inventories Inventories included the following (in thousands):     March 31, December 31,  2018 2017  Homes under construction $ 934,088 $ 869,554  Land and land development 499,960 479,038  Capitalized interest 46,160 41,762  Total inventories $ 1,480,208 $ 1,390,354

Financial Services

Financial Services	3 Months Ended
	Mar. 31, 2018
Financial Services [Abstract]
Financial Services	5. Financial Services We use best efforts commitments with various investors to mitigate the risk associated with mortgage loans held for sale. Best efforts commitments which fix the forward sales price that will be realized in the secondary market are used to eliminate our interest rate and price risks. These best effort commitments are considered derivative instruments under ASC 815, “Derivatives and Hedging,” however, we do not have any derivative instruments designated as hedging instruments as of March 31, 2018. Substantially all of the loans originated by us and their related servicing rights are sold in the secondary mortgage market within a short period of time after origination, generally within 30 days. In accordance with ASC 825, “Financial Instruments”, we use the fair value option to record residential mortgage loans available-for-sale at the price they are committed to be sold under the best efforts commitments. Gains and losses from the sale of mortgage loans are recognized based upon the difference between the sales proceeds and carrying value of the related loans upon sale and are recorded in Financial services revenues. Loan origination fees generally represent flat per-loan fee amounts based on a percentage of the principal balance and are recognized as Financial services revenue at the time the loans are closed.  Expected gains and losses from the sale of our loans held for sale are included in the measurement of written loan commitments that are accounted for at fair value through Financial Services revenues at the time of commitment. As of March 31, 2018, mortgage loans available-for-sale had an aggregate fair value of $ 40.2 million and an aggregate outstanding principal balance of $38.2 million. The net loss resulting from changes in fair value of the best efforts commitments and mortgage loans held in inventory totaled $27.0 thousand for the three months ended Marc h 31, 2018 and are included in Financial services revenues. Realized net gains from the sale of mortgages during the three months ended March 31, 2018 were $3.8 million.  

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	3 Months Ended
	Mar. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
Prepaid Expenses and Other Assets	6. Prepaid Expenses and Other Assets Prepaid expenses and other assets included the following (in thousands):     March 31, December 31,  2018 2017  Prepaid insurance $ 5,938 $ 6,549  Lot option and escrow deposits 34,989 35,700  Performance deposits 3,374 3,295  Deferred financing costs revolving line of credit, net 1,536 1,795  Restricted cash 6,005 4,881  Secured note receivable 2,727 2,753  Other 6,993 5,839  Total prepaid expenses and other assets $ 61,562 $ 60,812 Restricted cash is comprised of customer deposits held in escrow and pledge accounts related to our mortgage repurcha se facilities .

Investment in Unconsolidated Su

Investment in Unconsolidated Subsidiaries	3 Months Ended
	Mar. 31, 2018
Investment in Unconsolidated Subsidiaries [Abstract]
Investment in Unconsolidated Subsidiaries	7. Investment in Unconsolidated Subsidiaries On November 1, 2016, we acquired a 50% ownership of WJH LLC (which we refer to as “WJH”), which is the successor to Wade Jurney Homes, Inc. and Wade Jurney of Florida, Inc. WJH primarily targets first-time homebuyers in the Southeastern United States. As a result of the transaction, we own 50% of WJH and Wade Jurney Jr., an individual, owns the other 50% interest. The Company and Wade Jurney Jr. share responsibility for all of WJH’s strategic decisions, with Wade Jurney Jr. managing the day-to-day operations. Our investment in WJH is treated as an unconsolidated investment under the equity method of accounting. As of March 31, 2018, and December 31, 2017, our investment in WJH was $27.9 million and $28.2 million, respectively. During the three months ended March 31, 2018 and 2017, we recognized $ 3.2 million and $ 1.3 million of equity in income of unconsolidated subsidiaries, respectively, and received operating distributions from WJH of $3.5 million and $ 0.9 million, respectively.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	3 Months Ended
	Mar. 31, 2018
Accrued Expenses and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	8. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities included the following (in thousands):     March 31, December 31,  2018 2017  Earnest money deposits $ 17,537 $ 14,077  Warranty reserve 8,961 8,531  Accrued compensation costs 13,584 22,129  Land development and home construction accruals 59,691 61,918  Liability for product financing arrangement 17,610 19,751  Accrued interest 15,068 14,435  Income taxes payable 5,913 851  Other 7,754 8,664  Total accrued expenses and other liabilities $ 146,118 $ 150,356 

Warranties

Warranties	3 Months Ended
	Mar. 31, 2018
Warranties [Abstract]
Warranties	9. Warranties  Generally, we provide each homeowner with product warranties covering workmanship and materials for one year from the time of closing, and warranties covering structural systems for eight to 10 years from the time of closing. Estimated future direct warranty costs are accrued and charged to cost of home sales revenues in the period when the related home sales revenues are recognized. Amounts accrued, which are included in accrued expenses and other liabilities on the Consolidated Balance Sheets, are based upon historical experience rates. We subsequently assess the adequacy of our warranty accrual on a quarterly basis through an internal model that incorporates historical payment trends and adjust the amounts recorded if necessary. Based on favorable warranty payment trends relative to our estimates at the time of home closing, we reduced our warranty reserve by $45.0 thousand and $0.3 million during the three months ended March 31, 2018 and 2017 , respectively, which is included as a reduction to cost of homes sales revenues on our Consolidated Statement of Operations. The following table summarizes the changes in our warranty accrual (in thousands):    Three months ended March 31,  2018 2017  Beginning balance $ 8,531 $ 2,479  Warranty expense provisions 1,434 878  Payments (959) (370)  Warranty adjustment (45) (256)  Ending balance $ 8,961 $ 2,731

Debt

Debt	3 Months Ended
	Mar. 31, 2018
Debt [Abstract]
Debt	10. Debt  Our outstanding debt obligations included the following as of March 31, 2018 and December 31, 2017 (in thousands):       March 31, December 31,  2018 2017  6.875% senior notes, due May 2022 (1) $ 379,521 $ 379,238  5.875% senior notes, due July 2025 (1) 394,901 394,725  Other financing obligations 2,320 2,320  Senior notes payable 776,742 776,283  Revolving line of credit, due October 2019 — —  Mortgage repurchase facility 37,013 48,319  Total debt $ 813,755 $ 824,602 (1) The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes. Revolving line of credit On October 21, 2014, we entered into a credit agreement with Texas Capital Bank, National Association, as Administrative Agent and L/C Issuer, and the lenders from time to time party thereto, which agreement has subsequently been modified three times and supplemented with a Commitment Increase Agreement (which agreement as modified and supplemented we refer to as the “Credit Agreement”). The Credit Agreement provides the Company with a revolving line of credit (which we refer to as the “Revolving Credit Facility”) of up to $400 million. The Credit Agreement includes a letter of credit sublimit of $20 million. The obligations under the Revolving Credit Facility are guaranteed by certain of our subsidiaries. As of March 31, 2018, we had no borrowings outstanding and under the Revolving Credit Facility and were in compliance with all covenants under the Credit Agreement. Mortgage Repurchase Facilities – Financial Services Inspire Home Loans Inc. (which we refer to as “Inspire”), an indirect wholly-owned subsidiary of the Company, maintains two Master Repurchase Agreements (which we refer to as the “Master Repurchase Agreements”). As of March 31, 2018, The Master Repurchase Agreements provided Inspire with revolving mortgage loan repurchase facilities of up to $60 million (which we refer to as the “Repurchase Facilities”). Amounts outstanding under the Repurchase Facilities are not guaranteed by us or any of our subsidiaries and contain various affirmative and negative covenants applicable to Inspire that are customary for arrangements of this type. As of March 31, 2018, we were in compliance with all covenants under the Repurchase Facilities.

Interest

Interest	3 Months Ended
	Mar. 31, 2018
Interest [Abstract]
Interest	11. Interest Interest is capitalized to inventories while the related communities are being actively developed and until homes are completed. As our qualifying assets exceeded our outstanding debt during the three months ended March 31, 2018 and 2017, we capitalized all interest costs incurred during these periods, except for interest incurred on capital leases of equipment related to our golf course operations. Our interest costs are as follows (in thousands):    Three months ended March 31,  2018 2017  Interest capitalized beginning of period $ 41,762 28,935  Interest capitalized during period 13,357 7,734  Less: capitalized interest in cost of sales (8,959) (4,956)  Interest capitalized end of period $ 46,160 31,713 

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
Income Taxes	12 . Income Taxes  On December 22, 2017, the Tax Cuts and Jobs Act (which we refer to as the “TCJA”) was signed into law. The TCJA significantly reforms the Internal Revenue Code of 1986, as amended. The TCJA, among other things, contains significant changes to corporate taxation, including reduction of the corporate tax rate, commencing in 2018, from a top marginal rate of 35% to a flat rate of 21% , limitation of the tax deduction for interest expense to 30% of adjusted earnings (except for certain small businesses), limitation of the deduction for net operating losses to 80% of current year taxable income, elimination of net operating loss carrybacks, immediate deductions for certain new investments instead of deductions for depreciation expense over time, and modifying or repealing many business deductions and credits. Also on December 22, 2017 the SEC staff issued Staff Accounting Bulletin No. 118 (SAB 118) which addresses the application of ASC Topic 740 to the TCJA. SAB 118 outlines that if the accounting for the effects of the TCJA is incomplete, but a reasonable estimate can be made, then provisional amount should be reflected in the financial statements. Our accounting for the impacts of the TCJA related to current and deferred taxes, and in particular our deferred taxes related to our acquisition of UCP and Sundquist Homes was incomplete when we issued our December 31, 2017 year end financial statements. During the three months ended March 31, 2018, we continued to refine our accounting for the TCJA, including refining certain calculations associated with UCP’s distributive share of its investment in UCP, LLC at the acquisition date of August 4, 2017 in accordance with I.R.C. §704(c). These refinements resulted in a measurement period adjustment benefiting our income tax provision by $1.7 million. At the end of each interim period we are required to estimate our annual effective tax rate for the fiscal year, and to use that rate to provide for income taxes for the current year-to-date reporting period. Our 2018 estimated annual effective tax rate of 26.5% is driven by our blended federal and state statutory rate of 24.9% , and certain other permanent differences between GAAP and tax which increased our rate by 1.6% . For the three months ended March 31, 2018, our estimated annual rate of 26.5% was benefited by discrete items for excess tax benefits related to stock based awards that vested during the same period and a measurement period adjustment under SAB 118, as described above, resulting in a total tax rate of 13.4% .  For the three months ended March 31, 2018 and 2017, we recorded income tax expense of $3.1 million and $3.3 million, respectively. 

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures	13. Fair Value Disclosures Accounting Standards Codification Topic 820, Fair Value Measurement , defines fair value as the price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at measurement date and requires assets and liabilities carried at fair value to be classified and disclosed in the following three categories: Level 1 — Quoted prices for identical instruments in active markets. Level 2 — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are inactive; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets at measurement date. Level 3 — Valuations derived from techniques where one or more significant inputs or significant value drivers are unobservable in active markets at measurement date. The following table presents carrying values and estimated fair values of financial instruments (in thousands):    March 31, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 2,727 $ 2,688 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 40,179 $ 40,179 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 379,521 $ 389,146 $ 379,238 $ 397,044  5.875 % senior notes (3) Level 2 $ 394,901 $ 376,400 $ 394,725 $ 400,225  Revolving line of credit (4) Level 2 $ — $ — $ — $ —  Insurance premium notes and other (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 37,013 $ 37,013 $ 48,319 $ 48,319 (1) Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note. (2) The mortgage loans held for sale are carried at fair value, which was based on quoted market prices for those committed mortgage loans. (3) Estimated fair value of the senior notes incorporated recent trading activity in inactive markets. (4) Carrying amount approximates fair value due to short-term nature and interest rate terms. The carrying amount of cash and cash equivalents approximates fair value. Non-financial assets and liabilities include items such as inventory and long-lived assets that are measured at fair value when acquired and resulting from impairment, if deemed necessary.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	14. Stock-Based Compensation During the three months ended March 31, 2018, we granted restricted stock units covering 0.3 million shares of common stock with a weighted average grant date fair value of $30.50 per share, which vest over a one or three year period from the grant date. A summary of our outstanding awards of restricted common stock and restricted stock units are as follows (in thousands, except years):    As of March 31, 2018  Restricted Stock Awards Restricted Stock Units Total  Unvested awards/units 5 645 650  Unrecognized compensation cost $ 12 $ 11,712 $ 11,724  Period to recognize compensation cost 0.1 years 1.6 years 1.6 years (average) During the three months ended March 31, 2018 and 2017 , we recognized stock-based compensation expense of $2.5 million and $1. 9 million, respectively. Stock-based compensation expense is included in selling, general, and administrative on our Consolidated Statements of Operations.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2018
Stockholders' Equity [Abstract]
Stockholders' Equity	15. Stockholders’ Equity Our authorized capital stock consists of 100.0 million shares of common stock, par value $ 0.01 per share, and 50.0 million shares of preferred stock, par value $ 0.01 per share. As of March 31, 2018 and December 31, 201 7 , there were 29.8 million and 29.4 million shares of common stock issued and outstanding, respectively, inclusive of the restricted common stock awards issued . We issued 0.3 million shares of common stock related to the vesting of restricted stock unit awards during the three months ended March 31, 2018 . As of March 31, 2018, approximately 1.2 million shares remained available for issuance under the Century Communities, Inc. 2017 Omnibus Incentive Plan. On November 7, 2016, we entered into a Distribution Agreement (which we refer to as the “First Distribution Agreement”) with J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Citigroup Global Markets Inc. (which we refer to collectively as the “Sales Agents”), relating to our common stock. Under the First Distribution Agreement, we were authorized to offer and sell shares of our common stock having an aggregate offering price of up to $50.0 million from time to time through any of our Sales Agents in “at the market” offerings. On August 9, 2017, we entered into a second Distribution Agreement (which we refer to as the “Second Distribution Agreement”) with the Sales Agents, pursuant to which we may offer and sell from time to time up to $100.0 million in “at the market” offerings. During the three months ended March 31, 2018, we sold and issued an aggregate of 0.2 million shares of our common stock under the Second Distribution Agreement, which provided net proceeds of $ 5.0 million and, in connection with such sales, paid total commissions and fees to the Sales Agents of $0.1 million. During the three months ended March 31, 2017, we sold and issued an aggregate of 0.6 million shares of our common stock under the First Distribution Agreement, which provided net proceeds of $15.0 million.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	16. Earnings Per Share We use the two-class method of calculating EPS as our non-vested restricted stock awards have non-forfeitable rights to dividends and, accordingly, represent a participating security. The two-class method is an earnings allocation method under which EPS is calculated for each class of common stock and participating security considering both dividends declared (or accumulated) and participation rights in undistributed earnings as if all such earnings had been distributed during the period. We use the treasury stock method to calculate the dilutive effect of our restricted stock units as the restricted stock units do not have participating rights. The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2018 and 2017 (in thousands, except share and per share information):   Three months ended  March 31,  2018 2017  Numerator  Net income $ 20,019 $ 8,799  Less: Undistributed earnings allocated to participating securities (49) (117)  Net income allocable to common stockholders $ 19,970 $ 8,682  Denominator  Weighted average common shares outstanding - basic 29,515,531 21,512,289  Dilutive effect of restricted stock units 318,198 210,251  Weighted average common shares outstanding - diluted 29,833,729 21,722,540  Earnings per share:  Basic $ 0.68 $ 0.40  Diluted $ 0.67 $ 0.40  We did no t have any common unit equivalents to exclude from diluted earnings per share during the three months ended March 31, 2018. We excluded from diluted earnings per share the common unit equivalents related to 500 restricted stock units for the three months ended March 31, 2017, because their effect would be anti-dilutive.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	17. Commitments and Contingencies Letters of Credit and Performance Bonds In the normal course of business, the Company posts letters of credit and performance bonds related to our land development performance obligations with local municipalities. As of March 31, 2018 and December 31, 2017 , we had $ 87.5 million and $ 78.3 million, respectively, in letters of credit and performance bonds issued and outstanding. Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business, which consist primarily of construction defect claims. It is the opinion of our management that if the claims have merit, parties other than the Company would be, at least in part, liable for the claims, and eventual outcome of these claims will not have a material adverse effect upon our consolidated financial condition, results of operations, or cash flows. When we believe that a loss is probable and estimable, we record a charge to selling, general, and administrative on our consolidated statements of operations for our estimated loss. We do not believe that the ultimate resolution of any claims and lawsuits will have a material adverse effect upon our consolidated financial position, results of operations, or cash flow.

Supplemental Guarantor Informat

Supplemental Guarantor Information	3 Months Ended
	Mar. 31, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information	18. Supplemental Guarantor Information The Existing 6.875% Notes and the May 2017 Senior Notes are our unsecured senior obligations, and are fully and unconditionally guaranteed on an unsecured basis, jointly and severally, by substantially all of our direct and indirect wholly-owned operating subsidiaries (which we refer to as “Guarantors”). Each of the May 2014 Indenture governing the Existing 6.875% Notes, and the May 2017 Indenture governing the May 2017 Senior Notes, provides that the guarantees of a Guarantor will be automatically and unconditionally released and discharged: (1) upon any sale, transfer, exchange or other disposition (by merger, consolidation or otherwise) of all of the equity interests of such Guarantor after which the applicable Guarantor is no longer a “Restricted Subsidiary” (as defined in the respective Indentures), which sale, transfer, exchange or other disposition does not constitute an “Asset Sale” (as defined in the respective Indentures) or is made in compliance with applicable provisions of the applicable Indenture; (2) upon any sale, transfer, exchange or other disposition (by merger, consolidation or otherwise) of all of the assets of such Guarantor, which sale, transfer, exchange or other disposition does not constitute an Asset Sale or is made in compliance with applicable provisions of the applicable Indenture; provided, that after such sale, transfer, exchange or other disposition, such Guarantor is an “Immaterial Subsidiary” (as defined in the respective Indentures); (3) unless a default has occurred and is continuing, upon the release or discharge of such Guarantor from its guarantee of any indebtedness for borrowed money of the Company and the Guarantors so long as such Guarantor would not then otherwise be required to provide a guarantee pursuant to the applicable Indenture; provided that if such Guarantor has incurred any indebtedness in reliance on its status as a Guarantor in compliance with applicable provisions of the applicable Indenture, such Guarantor’s obligations under such indebtedness, as the case may be, so incurred are satisfied in full and discharged or are otherwise permitted to be incurred by a Restricted Subsidiary (other than a Guarantor) in compliance with applicable provisions of the applicable Indenture; (4) upon the designation of such Guarantor as an “Unrestricted Subsidiary” (as defined in the respective Indentures), in accordance with the applicable Indenture; (5) if the Company exercises its legal defeasance option or covenant defeasance option under the applicable Indenture or if the obligations of the Company and the Guarantors are discharged in compliance with applicable provisions of the applicable Indenture, upon such exercise or discharge; or (6) in connection with the dissolution of such Guarantor under applicable law in accordance with the applicable Indenture. As the guarantees were made in connection with the February 2015 exchange offer for the Initial Exchange Notes, the October 2015 exchange offer for the October 2015 Exchange Notes, the April 2017 exchange offer for the April 2017 Exchange Notes, and the issuance of the May 2017 Senior Notes, the Guarantors’ condensed financial information is presented as if the guarantees existed during the periods presented. If any Guarantors are released from the guarantees in future periods, the changes are reflected prospectively. We have determined that separate, full financial statements of the Guarantors would not be material to investors and, accordingly, supplemental financial information is presented below:   Supplemental Condensed Consolidated Balance Sheet  As of March 31, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Assets  Cash and cash equivalents $ 8,965 $ 8,039 $ 12,982 $ — $ 29,986  Cash held in escrow — 21,092 443 — 21,535  Accounts receivable — 11,999 7 — 12,006  Investment in consolidated subsidiaries 1,502,732 — — (1,502,732) —  Inventories — 1,480,208 — — 1,480,208  Mortgage loans held for sale — — 40,179 — 40,179  Prepaid expenses and other assets 3,371 56,323 1,868 — 61,562  Deferred tax assets, net 8,363 — — — 8,363  Property and equipment, net 11,561 17,697 558 — 29,816  Investment in unconsolidated subsidiaries 27,916 — — 27,916  Amortizable intangible assets, net — 2,458 — — 2,458  Goodwill — 26,456 — — 26,456  Total assets $ 1,562,908 $ 1,624,272 $ 56,037 $ (1,502,732) $ 1,740,485  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 606 $ 22,269 $ 319 $ — $ 23,194  Accrued expenses and other liabilities 30,462 114,527 1,129 — 146,118  Deferred tax liability — — — — —  Notes payable 774,422 2,320 — — 776,742  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 37,013 — 37,013  Total liabilities 805,490 139,116 38,461 — 983,067  Stockholders’ equity: 757,418 1,485,156 17,576 (1,502,732) 757,418  Total liabilities and stockholders’ equity $ 1,562,908 $ 1,624,272 $ 56,037 $ (1,502,732) $ 1,740,485      Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2017 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Assets  Cash and cash equivalents $ 56,234 $ 23,399 $ 9,199 $ — $ 88,832  Cash held in escrow — 37,088 635 — 37,723  Accounts receivable 3,124 9,944 (69) — 12,999  Investment in consolidated subsidiaries 1,434,619 — — (1,434,619) —  Inventories — 1,390,354 — — 1,390,354  Mortgage loans held for sale — — 52,327 — 52,327  Prepaid expenses and other assets 3,028 57,273 511 — 60,812  Deferred tax assets, net 5,555 — — — 5,555  Property and equipment, net 11,694 15,683 534 — 27,911  Investment in unconsolidated subsidiaries 28,208 — — 28,208  Amortizable intangible assets, net — 2,938 — — 2,938  Goodwill — 27,363 — — 27,363  Total assets $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 1,452 $ 23,057 $ 322 $ — $ 24,831  Accrued expenses and other liabilities 31,814 117,070 1,472 — 150,356  Deferred tax liability — — — — —  Notes payable 773,963 2,320 — — 776,283  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 48,319 — 48,319  Total liabilities 807,229 142,447 50,113 — 999,789  Stockholders’ equity: 735,233 1,421,595 13,024 (1,434,619) 735,233  Total liabilities and stockholders’ equity $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022        Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended March 31, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 394,831 $ — $ — $ 394,831  Land sales and other revenues — 1,459 — — 1,459  — 396,290 — — 396,290  Financial services revenue — — 5,556 — 5,556  Total revenues — 396,290 5,556 — 401,846  Homebuilding cost of revenues  Cost of homes sales revenues — (319,583) — — (319,583)  Cost of land sales and other revenues — (877) — — (877)  — (320,460) — — (320,460)  Financial services costs — — (4,395) — (4,395)  Selling, general and administrative (15,462) (41,060) — — (56,522)  Acquisition expense (173) — — — (173)  Equity in earnings from consolidated subsidiaries 26,497 — — (26,497) —  Equity in income of unconsolidated subsidiaries 3,168 — — — 3,168  Other income (expense) (233) (124) — — (357)  Income before income tax expense 13,797 34,646 1,161 (26,497) 23,107  Income tax expense 6,222 (9,008) (302) — (3,088)  Net income $ 20,019 $ 25,638 $ 859 $ (26,497) $ 20,019      Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended March 31, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 226,420 $ — $ — $ 226,420  Land sales and other revenues — 1,896 241 (241) 1,896  — 228,316 241 (241) 228,316  Financial services revenue — — — — —  Total revenues — 228,316 241 (241) 228,316  Homebuilding cost of revenues  Cost of homes sales revenues — (182,324) — — (182,324)  Cost of land sales and other revenues — (1,144) — — (1,144)  — (183,468) — — (183,468)  Financial services costs — — (754) — (754)  Selling, general and administrative (9,948) (23,264) — — (33,212)  Acquisition expense (523) — — — (523)  Equity in earnings from consolidated subsidiaries 13,541 — — (13,541) —  Equity in income from unconsolidated subsidiaries 1,255 — — — 1,255  Other income (expense) 49 351 37 — 437  Income before income tax expense 4,374 21,935 (476) (13,782) 12,051  Income tax expense 4,425 (7,677) — — (3,252)  Net income $ 8,799 $ 14,258 $ (476) $ (13,782) $ 8,799      Supplemental Condensed Consolidated Statement of Cash Flows  For the Three Months Ended March 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Net cash provided by/(used in) operating activities $ (13,651) $ (43,713) $ 12,793 $ — $ (44,571)  Net cash used in investing activities $ (33,265) $ (1,782) $ (25) $ 32,997 $ (2,075)  Financing activities  Borrowings under revolving credit facilities $ 60,000 $ — $ — $ — $ 60,000  Payments on revolving credit facilities (60,000) — — — (60,000)  Repurchases of common stock upon vesting of restricted stock awards (4,790) — — — (4,790)  Payments from (and advances to) parent/subsidiary (584) 29,888 3,693 (32,997) —  Net proceeds from mortgage repurchase facilities — — (11,307) — (11,307)  Net proceeds from issuances of common stock 5,021 — — — 5,021  Net cash provided by financing activities $ (353) $ 29,888 $ (7,614) $ (32,997) $ (11,076)  Net decrease $ (47,269) $ (15,607) $ 5,154 $ — $ (57,722)  Cash and cash equivalents and Restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ 8,965 $ 12,437 $ 14,589 $ — $ 35,991   Cash and cash equivalents $ 8,965 $ 8,039 $ 12,982 $ — $ 29,986  Restricted Cash — 4,398 1,607 — 6,005  Cash and cash equivalents and Restricted cash $ 8,965 $ 12,437 $ 14,589 $ — $ 35,991      Supplemental Condensed Consolidated Statement of Cash Flows  For the Three Months Ended March 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Net cash provided by/(used in) operating activities $ (2,141) $ (7,242) $ (733) $ — $ (10,116)  Net cash used in investing activities $ (6,610) $ (298) $ (127) $ 6,008 $ (1,027)  Financing activities  Borrowings under revolving credit facilities $ 45,000 $ — $ — $ — $ 45,000  Payments on revolving credit facilities (175,000) — — — (175,000)  Proceeds from issuance of insurance premium notes and other 127,500 — — — 127,500  Principal payments on notes payable — (1,582) — — (1,582)  Debt issuance costs (2,533) — — — (2,533)  Repurchases of common stock upon vesting of restricted stock awards (2,904) — — — (2,904)  Payments from (and advances to) parent/subsidiary — 5,412 596 (6,008) —  Net proceeds from issuances of common stock 15,023 — — — 15,023  Net cash provided by financing activities $ 7,086 $ 3,830 $ 596 $ (6,008) $ 5,504  Net decrease $ (1,665) $ (3,710) $ (264) $ — $ (5,639)  Cash and cash equivalents and Restricted cash  Beginning of period $ 14,637 $ 10,150 $ 6,167 $ — $ 30,954  End of period $ 12,972 $ 6,440 $ 5,903 $ — $ 25,315   Cash and cash equivalents $ 12,972 $ 4,590 $ 5,903 $ — $ 23,465  Restricted Cash — 1,850 — — 1,850  Cash and cash equivalents and Restricted cash $ 12,972 $ 6,440 $ 5,903 $ — $ 25,315 

Basis of Presentation (Policy)

Basis of Presentation (Policy)	3 Months Ended
	Mar. 31, 2018
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation  Century Communities, Inc. (which we refer to as “we,” “CCS,” or the “Company”) is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in metropolitan areas in the States of California, Colorado, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. In many of our projects, in addition to building homes, we are responsible for the entitlement and development of the underlying land. Our homebuilding operations are organized into the following four reportable segments based on the geographic regions in which we operate: West, Mountain, Texas and Southeast. Additionally, our indirect wholly-owned subsidiaries, Inspire Home Loans Inc. and Parkway Title, LLC, which provide mortgage services and title services, respectively, to our home buyers have been identified as our Financial Services segment. On August 4, 2017, we acquired UCP, Inc. (which we refer to as “UCP”) which was a homebuilder and land developer with expertise in residential land acquisition, development and entitlement, as well as home design, construction and sales, and with operations in the States of California, Washington, North Carolina, South Carolina, and Tennessee. The merger was unanimously approved by the board of directors of both the Company and UCP and was also approved by UCP stockholders on August 1, 2017. In connection with the merger, each share of UCP Class A common stock outstanding immediately prior to the closing was converted into $5.32 in cash and 0.2309 of a newly issued share of our common stock. Approximately 4.2 million shares of our common stock were issued and $100.2 million in cash was paid in connection with the merger. Additionally, o n October 31, 2017, we acquired substantially all the assets and operations and assumed certain liabilities of Sundquist Homes, LLC and affiliates (which we refer to as “Sundquist Homes”), a homebuilder with operations in the greater Seattle, Washington area, for approximately $50.2 million in cash. The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (which we refer to as “GAAP”) for interim financial statements and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (which we refer to as the “SEC”). In the o pinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments consisting of normal recurring adjustments necessary for a fair presentation of our financial position and results of operations. Interim results of operations are not necessarily indicative of the results that may be achieved for the full year. The financial statements and related notes do not include all information and footnotes required by GAAP and should be read in conjunction with the consolidated financial statements for the year ended December 31, 2017, which are included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017 that was filed with the SEC on March 1, 2018.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest, and variable interest entities for which the Company is deemed to be the primary beneficiary. We do not have any variable interest entities in which we are deemed the primary beneficiary. All intercompany accounts and transactions have been eliminated. All numbers related to lots and communities disclosed in the notes to the consolidated financial statements are unaudited.
Use of Estimates	 Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates.
Recently Issued And Adopted Accounting Standards	Recently Issued Accounting Standards In February 2016, the Financial Accounting Standards Board (which we refer to as “FASB”) issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. ASU 2016-02 is effective for the Company beginning January 1, 2019 and interim periods within the annual periods. We are currently evaluating the impact ASU 2016-02 will have on our consolidated financial statements. Recently Adopted Accounting Standards Cash Flows In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments.” ASU 2016-15 consists of eight provisions that provide guidance on the classification of certain cash receipts and cash payments in the statement of cash flows. In November 2016, the FASB issued ASU 2016-18 “Statement of Cash Flows – Restricted Cash.” ASU 2016-18 requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and restricted cash when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. We adopted ASU 2016-15 and 2016-18 on January 1, 2018. Upon adoption of 2016-15 and 2016-18, we have included restricted cash in the beginning and ending balances on our Statement of Cash Flows to present the changes during the period in total cash, cash equivalents and restricted cash. Distributions from investments in unconsolidated subsidiaries are classified based on the nature of the activity of the investee that generated the distribution on our Statement of Cash Flow. In accordance with ASU 2016-15, our prior year Statement of Cash Flows has also been retrospectively adjusted. Revenue Recognition On January 1, 2018 we adopted “Revenue from Contracts with Customers (ASC 606),” which we refer to as “ASC 606”. ASC 606 requires entities to recognize revenues when control of the promised goods or services is transferred to customers at an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. We adopted ASC 606 as of January 1, 2018 using the modified retrospective approach to contracts which were not completed as of January 1, 2018.  While the adoption of ASC 606 did not result in a material impact to our consolidated financial statements, it did impact the following:  · Certain immaterial costs incurred related to our model homes, which were previously capitalized to inventory, are now expensed as incurred. · Forfeited customer earnest money deposits, which were previously presented in other income within the Consolidated Statements of Operations, are presented as other revenue. During the three months ended March 31, 2018, we recognized $0.1 million of forfeited deposits. · Land sales to third parties which do not meet the definition of a customer in ASC 606 are classified as other income in our Consolidated Statements of Operations . During the three months ended March 31, 2018, we recorded $2.0 million from the disposition of land to third parties which were not considered customers. The related cost of these land dispositions during the same period totaled $2.1 million. · Deferral of an allocated amount of revenue and costs associated with unsatisfied performance obligations, primarily the installation of landscaping, at the time of home delivery. We deferred $1.4 million in revenue and $1.1 million in costs related to unsatisfied performance obligations on homes that we delivered during the three months ended March 31, 2018. · Reclassification of certain costs related to our model homes from inventory to property and equipment on our Consolidated Balance Sheets. Upon adoption, we reclassified $2.3 million from inventories to property and equipment. Under the modified retrospective approach, we have recorded an opening adjustment to decrease retained earnings by $0.6 million, related to model homes costs that were previously capitalized to inventory, but would have been expensed as incurred under ASC 606. This amount is included as a non-cash adjustment on our Condensed Consolidated Statement of Cash Flows. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting. Effective January 1, 2018 the following accounting policies have been modified to reflect the adoption of ASC 606. Home Sales Revenues - Under ASC 606, revenues from home sales and the related profit are recorded when our performance obligations are satisfied, which generally occurs when the respective homes are closed and title has passed to our homebuyers. We generally satisfy our performance obligations in less than one year from the contract date. Proceeds from home closings that are held for our benefit in escrow, are presented as “Cash held in escrow” on our Consolidated Balance Sheets. Cash held for our benefit in escrow is typically held by the escrow agent for less than a few days. When it is determined that the earnings process is not complete and we have remaining obligations, the related revenue and costs are deferred for recognition in future periods until those performance obligations have been satisfied. Prior to satisfying our performance obligations we typically receive deposits from customers related to sold but undelivered homes. These deposits are classified as earnest money deposits and are included in Accrued expenses and other liabilities on our Consolidated Balance Sheet s . Earnest money deposits totaled $1 7. 5 million and $1 4.1 million at March 31, 2018 and December 31, 2017, respectively. During the three months ended March 31, 2018, we recognized revenue of $6.6 million related to homes that closed during the period which had outstanding deposits as of December 31, 2017. Home and Sales Facilities – Costs related to our model homes and sales facilities are treated in one of three ways depending on their nature. Costs directly attributable to the home including upgrades that are permanent and sold with the home are capitalized to inventory and included in cost of home sales revenues when the unit is closed to the home buyer. Marketing related costs , such as non-permanent signage, brochures and marketing materials as well as the cost to convert the model into a salable unit are expensed as incurred. C osts to furnish the model home sites , permanent signage, and construction of sales facilities are capitalized to property and equipment and depreciated over the estimated life of the community based on the number of lots in the community which typically range from from 2 to 3 years.

Reporting Segments (Tables)

Reporting Segments (Tables)	3 Months Ended
	Mar. 31, 2018
Reporting Segments [Abstract]
Schedule Of Total Revenue And Pretax Income By Segment	  Three months ended March 31,  2018 2017  Revenue:  West $ 118,920 $ —  Mountain 145,493 122,037  Texas 38,028 30,889  Southeast 93,849 75,390  Financial Services 5,556 —  Corporate — —  Total revenue $ 401,846 $ 228,316   Income (loss) before income tax expense:  West $ 9,869 $ —  Mountain 17,923 15,124  Texas 1,808 1,831  Southeast 4,681 5,816  Financial Services 1,161 (754)  Corporate (12,335) (9,966)  Total income before income tax expense $ 23,107 $ 12,051 
Schedule Of Total Assets By Segment	  March 31, December 31,  2018 2017  West $ 434,076 $ 394,215  Mountain 576,099 571,880  Texas 202,101 192,078  Southeast 418,832 401,618  Financial Services 56,036 63,137  Corporate 53,341 112,094  Total assets $ 1,740,485 $ 1,735,022 

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Mar. 31, 2018
UCP, Inc [Member]
Business Combinations [Line Items]
Summary Of Total Consideration	  UCP shares (including noncontrolling interest) as of August 3, 2017 18,085  Cash paid per share $ 5.32  Cash consideration $ 96,213  Cash consideration pertaining to stockholder exercising appraisal rights $ 3,937  Total cash consideration $ 100,150   UCP shares (including noncontrolling interest) as of August 3, 2017 18,085  Exchange ratio 0.2309  Number of CCS shares issued 4,176  Closing price of Century Communities common stock on August 3, 2017 $ 25.80  Consideration attributable to common stock $ 107,737  Total replacement award value $ 1,149  Total equity consideration $ 108,886   Total consideration in cash and equity $ 209,036 
Schedule Of Estimate Of Fair Values Of Assets Acquired And Liabilities Assumed	  Cash and cash equivalents $ 20,264  Accounts receivable 7,248  Inventories 395,557  Prepaid expenses and other assets 6,988  Property and equipment, net 717  Deferred tax asset, net 7,931  Goodwill 5,092  Total assets $ 443,797   Accounts payable $ 10,712  Accrued expenses and other liabilities 71,130  Notes payable 152,919  Total liabilities 234,761  Purchase price/Net equity $ 209,036 
Pro Forma Financial Information [Abstract]
Schedule Of Pro Forma Information	  Three months ended March 31,  2017  Total revenues $ 337,934   Income before tax expense $ 15,908  Tax expense (2,951)  Net income $ 12,957  Less: Undistributed earnings allocated to participating securities (145)  Numerator for basic and diluted pro forma EPS $ 12,812   Pro forma weighted average shares-basic 25,688,143  Pro forma weighted average shares-diluted 25,898,394   Pro forma basic EPS $ 0.50  Pro forma diluted EPS $ 0.49 
Sundquist [Member]
Business Combinations [Line Items]
Schedule Of Estimate Of Fair Values Of Assets Acquired And Liabilities Assumed	  Accounts receivable $ 11  Inventories 55,077  Prepaid expenses and other assets 1,050  Property and equipment, net 142  Total assets $ 56,280   Accounts payable $ 3,646  Accrued expenses and other liabilities 2,431  Total liabilities 6,077  Purchase price/Net equity $ 50,203 

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Schedule Of Inventories	   March 31, December 31,  2018 2017  Homes under construction $ 934,088 $ 869,554  Land and land development 499,960 479,038  Capitalized interest 46,160 41,762  Total inventories $ 1,480,208 $ 1,390,354 

Prepaid Expenses and Other As28

Prepaid Expenses and Other Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
Schedule Of Prepaid Expenses And Other Assets	  March 31, December 31,  2018 2017  Prepaid insurance $ 5,938 $ 6,549  Lot option and escrow deposits 34,989 35,700  Performance deposits 3,374 3,295  Deferred financing costs revolving line of credit, net 1,536 1,795  Restricted cash 6,005 4,881  Secured note receivable 2,727 2,753  Other 6,993 5,839  Total prepaid expenses and other assets $ 61,562 $ 60,812 

Accrued Expenses and Other Li29

Accrued Expenses and Other Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Accrued Expenses and Other Liabilities [Abstract]
Schedule Of Accrued Expenses And Other Liabilities	   March 31, December 31,  2018 2017  Earnest money deposits $ 17,537 $ 14,077  Warranty reserve 8,961 8,531  Accrued compensation costs 13,584 22,129  Land development and home construction accruals 59,691 61,918  Liability for product financing arrangement 17,610 19,751  Accrued interest 15,068 14,435  Income taxes payable 5,913 851  Other 7,754 8,664  Total accrued expenses and other liabilities $ 146,118 $ 150,356 

Warranties (Tables)

Warranties (Tables)	3 Months Ended
	Mar. 31, 2018
Warranties [Abstract]
Schedule Of Changes In Warranty Accrual	  Three months ended March 31,  2018 2017  Beginning balance $ 8,531 $ 2,479  Warranty expense provisions 1,434 878  Payments (959) (370)  Warranty adjustment (45) (256)  Ending balance $ 8,961 $ 2,731 

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2018
Debt [Abstract]
Schedule Of Outstanding Debt Obligations	  March 31, December 31,  2018 2017  6.875% senior notes, due May 2022 (1) $ 379,521 $ 379,238  5.875% senior notes, due July 2025 (1) 394,901 394,725  Other financing obligations 2,320 2,320  Senior notes payable 776,742 776,283  Revolving line of credit, due October 2019 — —  Mortgage repurchase facility 37,013 48,319  Total debt $ 813,755 $ 824,602 (1) The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes.

Interest (Tables)

Interest (Tables)	3 Months Ended
	Mar. 31, 2018
Interest [Abstract]
Schedule Of Capitalized Interest Costs	  Three months ended March 31,  2018 2017  Interest capitalized beginning of period $ 41,762 28,935  Interest capitalized during period 13,357 7,734  Less: capitalized interest in cost of sales (8,959) (4,956)  Interest capitalized end of period $ 46,160 31,713 

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments	  March 31, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 2,727 $ 2,688 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 40,179 $ 40,179 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 379,521 $ 389,146 $ 379,238 $ 397,044  5.875 % senior notes (3) Level 2 $ 394,901 $ 376,400 $ 394,725 $ 400,225  Revolving line of credit (4) Level 2 $ — $ — $ — $ —  Insurance premium notes and other (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 37,013 $ 37,013 $ 48,319 $ 48,319 (1) Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note. (2) The mortgage loans held for sale are carried at fair value, which was based on quoted market prices for those committed mortgage loans. (3) Estimated fair value of the senior notes incorporated recent trading activity in inactive markets. (4) Carrying amount approximates fair value due to short-term nature and interest rate terms.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Stock-Based Compensation [Abstract]
Summary Of Outstanding Restricted Stock Awards And Units	  As of March 31, 2018  Restricted Stock Awards Restricted Stock Units Total  Unvested awards/units 5 645 650  Unrecognized compensation cost $ 12 $ 11,712 $ 11,724  Period to recognize compensation cost 0.1 years 1.6 years 1.6 years (average) 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share, Basic And Diluted	  Three months ended  March 31,  2018 2017  Numerator  Net income $ 20,019 $ 8,799  Less: Undistributed earnings allocated to participating securities (49) (117)  Net income allocable to common stockholders $ 19,970 $ 8,682  Denominator  Weighted average common shares outstanding - basic 29,515,531 21,512,289  Dilutive effect of restricted stock units 318,198 210,251  Weighted average common shares outstanding - diluted 29,833,729 21,722,540  Earnings per share:  Basic $ 0.68 $ 0.40  Diluted $ 0.67 $ 0.40 

Supplemental Guarantor Inform36

Supplemental Guarantor Information (Tables)	3 Months Ended
	Mar. 31, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Condensed Consolidated Balance Sheet	  Supplemental Condensed Consolidated Balance Sheet  As of March 31, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Assets  Cash and cash equivalents $ 8,965 $ 8,039 $ 12,982 $ — $ 29,986  Cash held in escrow — 21,092 443 — 21,535  Accounts receivable — 11,999 7 — 12,006  Investment in consolidated subsidiaries 1,502,732 — — (1,502,732) —  Inventories — 1,480,208 — — 1,480,208  Mortgage loans held for sale — — 40,179 — 40,179  Prepaid expenses and other assets 3,371 56,323 1,868 — 61,562  Deferred tax assets, net 8,363 — — — 8,363  Property and equipment, net 11,561 17,697 558 — 29,816  Investment in unconsolidated subsidiaries 27,916 — — 27,916  Amortizable intangible assets, net — 2,458 — — 2,458  Goodwill — 26,456 — — 26,456  Total assets $ 1,562,908 $ 1,624,272 $ 56,037 $ (1,502,732) $ 1,740,485  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 606 $ 22,269 $ 319 $ — $ 23,194  Accrued expenses and other liabilities 30,462 114,527 1,129 — 146,118  Deferred tax liability — — — — —  Notes payable 774,422 2,320 — — 776,742  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 37,013 — 37,013  Total liabilities 805,490 139,116 38,461 — 983,067  Stockholders’ equity: 757,418 1,485,156 17,576 (1,502,732) 757,418  Total liabilities and stockholders’ equity $ 1,562,908 $ 1,624,272 $ 56,037 $ (1,502,732) $ 1,740,485      Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2017 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Assets  Cash and cash equivalents $ 56,234 $ 23,399 $ 9,199 $ — $ 88,832  Cash held in escrow — 37,088 635 — 37,723  Accounts receivable 3,124 9,944 (69) — 12,999  Investment in consolidated subsidiaries 1,434,619 — — (1,434,619) —  Inventories — 1,390,354 — — 1,390,354  Mortgage loans held for sale — — 52,327 — 52,327  Prepaid expenses and other assets 3,028 57,273 511 — 60,812  Deferred tax assets, net 5,555 — — — 5,555  Property and equipment, net 11,694 15,683 534 — 27,911  Investment in unconsolidated subsidiaries 28,208 — — 28,208  Amortizable intangible assets, net — 2,938 — — 2,938  Goodwill — 27,363 — — 27,363  Total assets $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 1,452 $ 23,057 $ 322 $ — $ 24,831  Accrued expenses and other liabilities 31,814 117,070 1,472 — 150,356  Deferred tax liability — — — — —  Notes payable 773,963 2,320 — — 776,283  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 48,319 — 48,319  Total liabilities 807,229 142,447 50,113 — 999,789  Stockholders’ equity: 735,233 1,421,595 13,024 (1,434,619) 735,233  Total liabilities and stockholders’ equity $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022   
Supplemental Condensed Consolidated Statement Of Operations	   Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended March 31, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 394,831 $ — $ — $ 394,831  Land sales and other revenues — 1,459 — — 1,459  — 396,290 — — 396,290  Financial services revenue — — 5,556 — 5,556  Total revenues — 396,290 5,556 — 401,846  Homebuilding cost of revenues  Cost of homes sales revenues — (319,583) — — (319,583)  Cost of land sales and other revenues — (877) — — (877)  — (320,460) — — (320,460)  Financial services costs — — (4,395) — (4,395)  Selling, general and administrative (15,462) (41,060) — — (56,522)  Acquisition expense (173) — — — (173)  Equity in earnings from consolidated subsidiaries 26,497 — — (26,497) —  Equity in income of unconsolidated subsidiaries 3,168 — — — 3,168  Other income (expense) (233) (124) — — (357)  Income before income tax expense 13,797 34,646 1,161 (26,497) 23,107  Income tax expense 6,222 (9,008) (302) — (3,088)  Net income $ 20,019 $ 25,638 $ 859 $ (26,497) $ 20,019      Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended March 31, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 226,420 $ — $ — $ 226,420  Land sales and other revenues — 1,896 241 (241) 1,896  — 228,316 241 (241) 228,316  Financial services revenue — — — — —  Total revenues — 228,316 241 (241) 228,316  Homebuilding cost of revenues  Cost of homes sales revenues — (182,324) — — (182,324)  Cost of land sales and other revenues — (1,144) — — (1,144)  — (183,468) — — (183,468)  Financial services costs — — (754) — (754)  Selling, general and administrative (9,948) (23,264) — — (33,212)  Acquisition expense (523) — — — (523)  Equity in earnings from consolidated subsidiaries 13,541 — — (13,541) —  Equity in income from unconsolidated subsidiaries 1,255 — — — 1,255  Other income (expense) 49 351 37 — 437  Income before income tax expense 4,374 21,935 (476) (13,782) 12,051  Income tax expense 4,425 (7,677) — — (3,252)  Net income $ 8,799 $ 14,258 $ (476) $ (13,782) $ 8,799 
Supplemental Condensed Consolidated Statement Of Cash Flows	  Supplemental Condensed Consolidated Statement of Cash Flows  For the Three Months Ended March 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Net cash provided by/(used in) operating activities $ (13,651) $ (43,713) $ 12,793 $ — $ (44,571)  Net cash used in investing activities $ (33,265) $ (1,782) $ (25) $ 32,997 $ (2,075)  Financing activities  Borrowings under revolving credit facilities $ 60,000 $ — $ — $ — $ 60,000  Payments on revolving credit facilities (60,000) — — — (60,000)  Repurchases of common stock upon vesting of restricted stock awards (4,790) — — — (4,790)  Payments from (and advances to) parent/subsidiary (584) 29,888 3,693 (32,997) —  Net proceeds from mortgage repurchase facilities — — (11,307) — (11,307)  Net proceeds from issuances of common stock 5,021 — — — 5,021  Net cash provided by financing activities $ (353) $ 29,888 $ (7,614) $ (32,997) $ (11,076)  Net decrease $ (47,269) $ (15,607) $ 5,154 $ — $ (57,722)  Cash and cash equivalents and Restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ 8,965 $ 12,437 $ 14,589 $ — $ 35,991   Cash and cash equivalents $ 8,965 $ 8,039 $ 12,982 $ — $ 29,986  Restricted Cash — 4,398 1,607 — 6,005  Cash and cash equivalents and Restricted cash $ 8,965 $ 12,437 $ 14,589 $ — $ 35,991      Supplemental Condensed Consolidated Statement of Cash Flows  For the Three Months Ended March 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Net cash provided by/(used in) operating activities $ (2,141) $ (7,242) $ (733) $ — $ (10,116)  Net cash used in investing activities $ (6,610) $ (298) $ (127) $ 6,008 $ (1,027)  Financing activities  Borrowings under revolving credit facilities $ 45,000 $ — $ — $ — $ 45,000  Payments on revolving credit facilities (175,000) — — — (175,000)  Proceeds from issuance of insurance premium notes and other 127,500 — — — 127,500  Principal payments on notes payable — (1,582) — — (1,582)  Debt issuance costs (2,533) — — — (2,533)  Repurchases of common stock upon vesting of restricted stock awards (2,904) — — — (2,904)  Payments from (and advances to) parent/subsidiary — 5,412 596 (6,008) —  Net proceeds from issuances of common stock 15,023 — — — 15,023  Net cash provided by financing activities $ 7,086 $ 3,830 $ 596 $ (6,008) $ 5,504  Net decrease $ (1,665) $ (3,710) $ (264) $ — $ (5,639)  Cash and cash equivalents and Restricted cash  Beginning of period $ 14,637 $ 10,150 $ 6,167 $ — $ 30,954  End of period $ 12,972 $ 6,440 $ 5,903 $ — $ 25,315   Cash and cash equivalents $ 12,972 $ 4,590 $ 5,903 $ — $ 23,465  Restricted Cash — 1,850 — — 1,850  Cash and cash equivalents and Restricted cash $ 12,972 $ 6,440 $ 5,903 $ — $ 25,315 

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands	Jan. 01, 2018	Aug. 04, 2017	Mar. 31, 2018	Dec. 31, 2017	Oct. 31, 2017
Summary of Significant Accounting Policies [Line Items]
Forfeited deposits			$ 100,000
Other income, land sales to third parties			2,000,000
Cost of land dispositions			2,100,000
Deferred revenue, related to unsatisfied performance obligations			1,400,000
Deferred costs, related to unsatisfied performance obligations			1,100,000
Reclassification of costs from inventory to property and equipment	$ 2,300,000
Decrease retained earnings	$ 600,000
Earnest money deposits			17,537,000	$ 14,077,000
Homes Closed With Outstanding Deposits [Member]
Summary of Significant Accounting Policies [Line Items]
Home sales revenue			6,600,000
UCP, Inc [Member]
Summary of Significant Accounting Policies [Line Items]
Conversion of stock, ratio		0.2309%
Business combination net of acquired cash		$ 100,150
Purchase price		$ 209,036,000
Home sales revenue			103,400,000
Sundquist [Member]
Summary of Significant Accounting Policies [Line Items]
Purchase price					$ 50,203,000
Home sales revenue			$ 21,400,000
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated life of the community based			2 years
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated life of the community based			3 years
Common Class A [Member] | UCP, Inc [Member]
Summary of Significant Accounting Policies [Line Items]
Conversion of stock, cash		$ 5.32
Century Common Stock [Member] | UCP, Inc [Member]
Summary of Significant Accounting Policies [Line Items]
Shares issued in connection to merger		4,176

Reporting Segments (Schedule Of

Reporting Segments (Schedule Of Total Revenue And Pretax Income By Segment) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)stateregion	Mar. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of operating states | state	10
Number of operating regions | region	4
Total revenues	$ 401,846	$ 228,316
Total income before income tax expense	23,107	12,051
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	118,920
Total income before income tax expense	9,869
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	145,493	122,037
Total income before income tax expense	17,923	15,124
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	38,028	30,889
Total income before income tax expense	1,808	1,831
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	93,849	75,390
Total income before income tax expense	4,681	5,816
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenues	5,556
Total income before income tax expense	1,161	(754)
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total income before income tax expense	$ (12,335)	$ (9,966)

Reporting Segments (Schedule 39

Reporting Segments (Schedule Of Total Assets By Segment) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total assets	$ 1,740,485	$ 1,735,022
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	434,076	394,215
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	576,099	571,880
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	202,101	192,078
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	418,832	401,618
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	56,036	63,137
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	$ 53,341	$ 112,094

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) $ / shares in Units, shares in Thousands	Aug. 17, 2017USD ($)	Aug. 04, 2017USD ($)item$ / sharesshares	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Oct. 31, 2017USD ($)
Business Combinations [Line Items]
Acquisition expense			$ 173,000	$ 523,000
Income before tax expense			23,107,000	$ 12,051,000
UCP, Inc [Member]
Business Combinations [Line Items]
Cash paid per share | $ / shares		$ 5.32
Conversion of stock, ratio		0.2309%
Total cash consideration		$ 100,150
Cash acquired from business acquisition		$ 20,264,000
Fractional shares | shares		0
Total fair value of awards		$ 6,200,000
Total fair value of award attribute to services performed by UCP		1,149,000
Expense related to refinements of estimated fair value of inventories			1,500,000
Acquisition expense		9,600,000
Total consideration in cash and equity		$ 209,036,000
Number of lots | item		4,199
Number of communities | item		43
Number of homes in backlog | item		346
Number of model homes | item		59
Proceeds from sale of BMCH South Carolina, LLC operations	$ 17,100,000
Goodwill amount expected to be tax deductible			6,500,000
Homebuilding revenues			103,400,000
Income before tax expense			$ 6,600,000
UCP, Inc [Member] | Minimum [Member]
Business Combinations [Line Items]
Market gross margin			6.00%
UCP, Inc [Member] | Maximum [Member]
Business Combinations [Line Items]
Market gross margin			20.00%
UCP, Inc [Member] | Restricted Stock Units [Member]
Business Combinations [Line Items]
Conversion of stock, shares | shares		200
Sundquist [Member]
Business Combinations [Line Items]
Total consideration in cash and equity					$ 50,203,000
Goodwill amount expected to be tax deductible			$ 4,800,000
Homebuilding revenues			21,400,000
Income before tax expense			$ 4,100,000
Sundquist [Member] | Minimum [Member]
Business Combinations [Line Items]
Market gross margin			6.00%
Sundquist [Member] | Maximum [Member]
Business Combinations [Line Items]
Market gross margin			20.00%
Century Common Stock [Member] | UCP, Inc [Member]
Business Combinations [Line Items]
Shares issued in connection to merger | shares		4,176

Business Combinations (Summary

Business Combinations (Summary Of Total Consideration) (Details) - UCP, Inc [Member] $ / shares in Units, shares in Thousands	Aug. 04, 2017USD ($)$ / sharesshares
UCP Shares (including noncontrolling interest) | shares	18,085
Cash paid per share | $ / shares	$ 5.32
Cash consideration	$ 96,213,000
Cash consideration pertaining to stockholder exercising appraisal rights	3,937,000
Total cash consideration	$ 100,150
Exchange ratio	0.2309%
Closing price of Century Communities stock | $ / shares	$ 25.80
Consideration attributable to common stock	$ 107,737,000
Total replacement award value	1,149,000
Total equity consideration	108,886,000
Total consideration in cash and equity	$ 209,036,000
Century Common Stock [Member]
Number of CCS shares issued | shares	4,176

Business Combinations (Schedule

Business Combinations (Schedule Of Estimate Of Fair Values Of Assets Acquired And Liabilities Assumed) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Oct. 31, 2017	Aug. 04, 2017
Assets acquired and liabilities assumed
Goodwill	$ 26,456	$ 27,363
UCP, Inc [Member]
Assets acquired and liabilities assumed
Cash and cash equivalents				$ 20,264
Accounts receivable				7,248
Inventories				395,557
Prepaid expenses and other assets				6,988
Property and equipment, net				717
Deferred tax asset, net				7,931
Goodwill				5,092
Total assets				443,797
Accounts payable				10,712
Accrued expenses and other liabilities				71,130
Notes payable				152,919
Total liabilities				234,761
Purchase price/Net equity				$ 209,036
Sundquist [Member]
Assets acquired and liabilities assumed
Accounts receivable			$ 11
Inventories			55,077
Prepaid expenses and other assets			1,050
Property and equipment, net			142
Total assets			56,280
Accounts payable			3,646
Accrued expenses and other liabilities			2,431
Total liabilities			6,077
Purchase price/Net equity			$ 50,203

Business Combinations (Schedu43

Business Combinations (Schedule Of Pro Forma Information) (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Pro Forma Financial Information [Abstract]
Revenue	$ 337,934
Income before tax expense	15,908
Tax expense	(2,951)
Net income	12,957
Less: Undistributed earnings allocated to participating securities	(145)
Numerator for basic and diluted pro forma EPS	$ 12,812
Pro forma weighted average shares-basic | shares	25,688,143
Pro forma weighted average shares-diluted | shares	25,898,394
Pro forma basic EPS | $ / shares	$ 0.50
Pro forma diluted EPS | $ / shares	$ 0.49

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Inventories [Abstract]
Homes under construction	$ 934,088	$ 869,554
Land and land development	499,960	479,038
Capitalized interest	46,160	41,762	$ 31,713	$ 28,935
Total inventories	$ 1,480,208	$ 1,390,354

Financial Services (Narrative)

Financial Services (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Financial Services [Abstract]
Mortgage loans available-for-sale	$ 40,179,000	$ 52,327,000
Mortgage loans available-for-sale outstanding principal balance	38,200,000
Net gain from changes in fair value of mortgage loans held in inventory	27,000
Realized net gains from the sale of mortgages	$ 3,800,000

Prepaid Expenses and Other As46

Prepaid Expenses and Other Assets (Schedule Of Prepaid Expenses And Other Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Prepaid Expenses and Other Assets [Abstract]
Prepaid insurance	$ 5,938	$ 6,549
Lot option and escrow deposits	34,989	35,700
Performance deposits	3,374	3,295
Deferred financing costs revolving line of credit, net	1,536	1,795
Restricted cash	6,005	4,881
Secured note receivable	2,727	2,753
Other	6,993	5,839
Total prepaid expenses and other assets	$ 61,562	$ 60,812

Investment in Unconsolidated 47

Investment in Unconsolidated Subsidiaries (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Nov. 01, 2016
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated subsidiaries	$ 27,916		$ 28,208
Equity in income of unconsolidated subsidiaries	3,168	$ 1,255
Distribution of income from unconsolidated subsidiaries	$ 3,460	$ 852
WJH [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest				50.00%

Accrued Expenses and Other Li48

Accrued Expenses and Other Liabilities (Schedule Of Accrued Expenses And Other Liabilities) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Accrued Expenses and Other Liabilities [Abstract]
Earnest money deposits	$ 17,537	$ 14,077
Warranty reserve	8,961	8,531	$ 2,731	$ 2,479
Accrued compensation costs	13,584	22,129
Land development and home construction accruals	59,691	61,918
Liability for product financing arrangement	17,610	19,751
Accrued interest	15,068	14,435
Income taxes payable	5,913	851
Other	7,754	8,664
Total accrued expenses and other liabilities	$ 146,118	$ 150,356

Warranties (Schedule Of Changes

Warranties (Schedule Of Changes In Warranty Accrual) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Warranties [Abstract]
Beginning balance	$ 8,531	$ 2,479
Warranty expense provisions	1,434	878
Payments	(959)	(370)
Warranty adjustment	(45)	(256)
Ending balance	$ 8,961	$ 2,731
Product warranties	Generally, we provide each homeowner with product warranties covering workmanship and materials for one year from the time of closing, and warranties covering structural systems for eight to 10 years from the time of closing.

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($)	Oct. 21, 2014	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Line of credit facility, outstanding amount
Revolving Credit Facility [Member] | Third Modification Agreement [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Line of credit facility, outstanding amount		0
Revolving Credit Facility [Member] | Third Modification Agreement [Member] | Maximum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Line of credit facility. maximum borrowing capacity	$ 400,000,000
Line Of Credit [Member] | Third Modification Agreement [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Letter of credit sublimit	$ 20,000,000
Revolving Mortgage Loan Repurchase Facility [Member] | Master Repurchase Agreement [Member] | Maximum [Member] | Inspire Home Loans Inc [Member]
Debt Instrument [Line Items]
Principal amount		$ 60,000,000

Debt (Schedule Of Outstanding D

Debt (Schedule Of Outstanding Debt Obligations) (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Debt [Abstract]
6.875% senior notes, due May 2022	[1]	$ 379,521	$ 379,238
5.875% senior notes, due July 2025	[1]	394,901	394,725
Other financing obligations		2,320	2,320
Senior notes payable		776,742	776,283
Revolving line of credit, due October 2019
Mortgage repurchase facilities		37,013	48,319
Total debt (Carrying amount)		$ 813,755	$ 824,602
[1]	The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes.

Interest (Schedule Of Capitaliz

Interest (Schedule Of Capitalized Interest Costs) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest [Abstract]
Interest capitalized beginning of period	$ 41,762	$ 28,935
Interest capitalized during period	13,357	7,734
Less: capitalized interest in cost of sales	(8,959)	(4,956)
Interest capitalized end of period	$ 46,160	$ 31,713

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 22, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Income Tax Examination [Line Items]
Effective tax rate		26.50%		35.00%
Blended state and federal statutary rate		24.90%
Income tax provision		$ 1,700
Increased to effective tax rate		1.60%
Total effective tax rate		13.40%
Income tax expense		$ 3,088	$ 3,252
Scenario, Plan [Member]
Income Tax Examination [Line Items]
Effective tax rate		21.00%
Interest Expense [Member]
Income Tax Examination [Line Items]
Percentage of limitation of tax deduction	30.00%
Net Operating Loss [Member]
Income Tax Examination [Line Items]
Percentage of limitation of tax deduction	80.00%

Fair Value Disclosures (Schedul

Fair Value Disclosures (Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale		$ 40,179	$ 52,327
Level 2 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	2,727	2,753
Mortgage loans held for sale	[2]	40,179	52,327
6.875% senior notes	[3]	379,521	379,238
5.875% senior notes	[3]	394,901	394,725
Revolving line of credit	[4]
Insurance premium notes and other	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	37,013	48,319
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	2,688	2,727
Mortgage loans held for sale	[2]	40,179	52,327
6.875% senior notes	[3]	389,146	397,044
5.875% senior notes	[3]	376,400	400,225
Revolving line of credit	[4]
Insurance premium notes and other	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	$ 37,013	$ 48,319
[1]	Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note.
[2]	The mortgage loans held for sale are carried at fair value, which was based on quoted market prices for those committed mortgage loans.
[3]	Estimated fair value of the senior notes incorporated recent trading activity in inactive markets.
[4]	Carrying amount approximates fair value due to short-term nature and interest rate terms.

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 2.5	$ 1.9
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted	0.3
Weighted average grant date fair value	$ 30.50
Restricted Stock Units [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	1 year
Restricted Stock Units [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards vesting period	3 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Outstanding Restricted Stock Awards And Units) (Details) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested awards/units | shares	650
Unrecognized compensation cost | $	$ 11,724
Period to recognize compensation cost	1 year 7 months 6 days
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested awards/units | shares	5
Unrecognized compensation cost | $	$ 12
Period to recognize compensation cost	1 month 6 days
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested awards/units | shares	645
Unrecognized compensation cost | $	$ 11,712
Period to recognize compensation cost	1 year 7 months 6 days

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 09, 2017	Nov. 07, 2016	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Aug. 04, 2017
Class of Stock [Line Items]
Common stock shares authorized			100,000,000		100,000,000
Common stock, par value			$ 0.01		$ 0.01
Preferred stock shares authorized			50,000,000		50,000,000
Preferred stock, par value			$ 0.01		$ 0.01
Common stock shares issued			29,789,107		29,502,624
Common stock shares outstanding			29,789,107		29,502,624
Common stock shares issued related to vesting of restricted stock awards			300,000
Net proceeds from issuances of common stock			$ 5,021	$ 15,023
UCP, Inc [Member] | Century Common Stock [Member]
Class of Stock [Line Items]
Shares issued in connection to merger						4,176,000
2017 Incentive Plan [Member]
Class of Stock [Line Items]
Common stock shares for stock award, available for issuance			1,200,000
Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price		$ 50,000
Common stock shares sold and issued				600,000
Second Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price	$ 100,000
Common stock shares sold and issued			200,000
Comissions and fees paid to Sales Agents			$ 100

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share [Abstract]
Anti-dilutive shares	0	500

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Numerator
Net income	$ 20,019	$ 8,799
Less: Undistributed earnings allocated to participating securities	(49)	(117)
Net income allocable to common stockholders	$ 19,970	$ 8,682
Denominator
Weighted average common shares outstanding - basic	29,515,531	21,512,289
Dilutive effect of restricted stock units	318,198	210,251
Weighted average common shares outstanding - diluted	29,833,729	21,722,540
Earnings per share:
Basic	$ 0.68	$ 0.40
Diluted	$ 0.67	$ 0.40

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Commitments and Contingencies [Abstract]
Outstanding letters of credit and performance bonds	$ 87.5	$ 78.3

Supplemental Guarantor Inform61

Supplemental Guarantor Information (Supplemental Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Assets
Cash and cash equivalents	$ 29,986	$ 88,832	$ 23,465
Cash held in escrow	21,535	37,723
Accounts receivable	12,006	12,999
Inventories	1,480,208	1,390,354
Mortgage loans held for sale	40,179	52,327
Prepaid expenses and other assets	61,562	60,812
Deferred tax assets, net	8,363	5,555
Property and equipment, net	29,816	27,911
Investment in unconsolidated subsidiaries	27,916	28,208
Amortizable intangible assets, net	2,458	2,938
Goodwill	26,456	27,363
Total assets	1,740,485	1,735,022
Liabilities:
Accounts payable	23,194	24,831
Accrued expenses and other liabilities	146,118	150,356
Notes payable	776,742	776,283
Revolving line of credit
Mortgage repurchase facilities	37,013	48,319
Total liabilities	983,067	999,789
Stockholders' equity:	757,418	735,233
Total liabilities and stockholders' equity	1,740,485	1,735,022
CCS [Member]
Assets
Cash and cash equivalents	8,965	56,234	12,972
Accounts receivable		3,124
Investment in consolidated subsidiaries	1,502,732	1,434,619
Prepaid expenses and other assets	3,371	3,028
Deferred tax assets, net	8,363	5,555
Property and equipment, net	11,561	11,694
Investment in unconsolidated subsidiaries	27,916	28,208
Total assets	1,562,908	1,542,462
Liabilities:
Accounts payable	606	1,452
Accrued expenses and other liabilities	30,462	31,814
Notes payable	774,422	773,963
Total liabilities	805,490	807,229
Stockholders' equity:	757,418	735,233
Total liabilities and stockholders' equity	1,562,908	1,542,462
Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	8,039	23,399	4,590
Cash held in escrow	21,092	37,088
Accounts receivable	11,999	9,944
Inventories	1,480,208	1,390,354
Prepaid expenses and other assets	56,323	57,273
Property and equipment, net	17,697	15,683
Amortizable intangible assets, net	2,458	2,938
Goodwill	26,456	27,363
Total assets	1,624,272	1,564,042
Liabilities:
Accounts payable	22,269	23,057
Accrued expenses and other liabilities	114,527	117,070
Notes payable	2,320	2,320
Total liabilities	139,116	142,447
Stockholders' equity:	1,485,156	1,421,595
Total liabilities and stockholders' equity	1,624,272	1,564,042
Non Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	12,982	9,199	$ 5,903
Cash held in escrow	443	635
Accounts receivable	7	(69)
Mortgage loans held for sale	40,179	52,327
Prepaid expenses and other assets	1,868	511
Property and equipment, net	558	534
Total assets	56,037	63,137
Liabilities:
Accounts payable	319	322
Accrued expenses and other liabilities	1,129	1,472
Mortgage repurchase facilities	37,013	48,319
Total liabilities	38,461	50,113
Stockholders' equity:	17,576	13,024
Total liabilities and stockholders' equity	56,037	63,137
Elimination Entries [Member]
Assets
Investment in consolidated subsidiaries	(1,502,732)	(1,434,619)
Total assets	(1,502,732)	(1,434,619)
Liabilities:
Stockholders' equity:	(1,502,732)	(1,434,619)
Total liabilities and stockholders' equity	$ (1,502,732)	$ (1,434,619)

Supplemental Guarantor Inform62

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues
Total revenues	$ 401,846	$ 228,316
Cost of home sales revenues	(319,583)	(182,324)
Costs of land sales and other revenues	(877)	(1,144)
Homebuilding cost of revenues	(320,460)	(183,468)
Financial services costs	(4,395)	(754)
Selling, general, and administrative	(56,522)	(33,212)
Acquisition expense	(173)	(523)
Equity in income of unconsolidated subsidiaries	3,168	1,255
Other income (expense)	(357)	437
Income before income tax expense	23,107	12,051
Income tax expense	(3,088)	(3,252)
Net income	20,019	8,799
CCS [Member]
Revenues
Selling, general, and administrative	(15,462)	(9,948)
Acquisition expense	(173)	(523)
Equity in earnings from consolidated subsidiaries	26,497	13,541
Equity in income of unconsolidated subsidiaries	3,168	1,255
Other income (expense)	(233)	49
Income before income tax expense	13,797	4,374
Income tax expense	6,222	4,425
Net income	20,019	8,799
Guarantor Subsidiaries [Member]
Revenues
Total revenues	396,290	228,316
Cost of home sales revenues	(319,583)	(182,324)
Costs of land sales and other revenues	(877)	(1,144)
Homebuilding cost of revenues	(320,460)	(183,468)
Selling, general, and administrative	(41,060)	(23,264)
Other income (expense)	(124)	351
Income before income tax expense	34,646	21,935
Income tax expense	(9,008)	(7,677)
Net income	25,638	14,258
Non Guarantor Subsidiaries [Member]
Revenues
Total revenues	5,556	241
Financial services costs	(4,395)	(754)
Other income (expense)		37
Income before income tax expense	1,161	(476)
Income tax expense	(302)
Net income	859	(476)
Elimination Entries [Member]
Revenues
Total revenues		(241)
Equity in earnings from consolidated subsidiaries	(26,497)	(13,541)
Income before income tax expense	(26,497)	(13,782)
Net income	(26,497)	(13,782)
Home Sales [Member]
Revenues
Total revenues	394,831	226,420
Home Sales [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	394,831	226,420
Land Sales And Other [Member]
Revenues
Total revenues	1,459	1,896
Land Sales And Other [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	1,459	1,896
Land Sales And Other [Member] | Non Guarantor Subsidiaries [Member]
Revenues
Total revenues		241
Land Sales And Other [Member] | Elimination Entries [Member]
Revenues
Total revenues		(241)
Homebuilding [Member]
Revenues
Total revenues	396,290	228,316
Homebuilding [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	396,290	228,316
Homebuilding [Member] | Non Guarantor Subsidiaries [Member]
Revenues
Total revenues		241
Homebuilding [Member] | Elimination Entries [Member]
Revenues
Total revenues		(241)
Financial Services [Member]
Revenues
Total revenues	5,556
Financial Services [Member] | Non Guarantor Subsidiaries [Member]
Revenues
Total revenues	$ 5,556

Supplemental Guarantor Inform63

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	$ (44,571)	$ (10,116)
Net cash used in investing activities	(2,075)	(1,027)
Financing activities
Borrowings under revolving credit facilities	60,000	45,000
Payments on revolving credit facilities	(60,000)	(175,000)
Proceeds from issuance of insurance premium notes and other		127,500
Principal payments on notes payable		(1,582)
Debt issuance costs		(2,533)
Repurchases of common stock upon vesting of restricted stock awards	(4,790)	(2,904)
Net proceeds from mortgage repurchase facilities	(11,307)
Net proceeds from issuances of common stock	5,021	15,023
Net cash provided by (used in) financing activities	(11,076)	5,504
Net decrease	(57,722)	(5,639)
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,954
Cash and cash equivalents and Restricted cash, End of period	35,991	25,315
Cash and cash equivalents			$ 29,986	$ 88,832	$ 23,465
Restricted Cash			6,005		1,850
Cash and cash equivalents and Restricted cash	93,713	30,954	35,991	93,713	25,315
Elimination Entries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in investing activities	32,997	6,008
Financing activities
Payments from (and advances to) parent/subsidiary	(32,997)	(6,008)
Net cash provided by (used in) financing activities	(32,997)	(6,008)
CCS [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(13,651)	(2,141)
Net cash used in investing activities	(33,265)	(6,610)
Financing activities
Borrowings under revolving credit facilities	60,000	45,000
Payments on revolving credit facilities	(60,000)	(175,000)
Proceeds from issuance of insurance premium notes and other		127,500
Debt issuance costs		(2,533)
Repurchases of common stock upon vesting of restricted stock awards	(4,790)	(2,904)
Payments from (and advances to) parent/subsidiary	(584)
Net proceeds from issuances of common stock	5,021	15,023
Net cash provided by (used in) financing activities	(353)	7,086
Net decrease	(47,269)	(1,665)
Cash and cash equivalents and Restricted cash, Beginning of period	56,234	14,637
Cash and cash equivalents and Restricted cash, End of period	8,965	12,972
Cash and cash equivalents			8,965	56,234	12,972
Cash and cash equivalents and Restricted cash	56,234	14,637	8,965	56,234	12,972
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(43,713)	(7,242)
Net cash used in investing activities	(1,782)	(298)
Financing activities
Principal payments on notes payable		(1,582)
Payments from (and advances to) parent/subsidiary	29,888	5,412
Net cash provided by (used in) financing activities	29,888	3,830
Net decrease	(15,607)	(3,710)
Cash and cash equivalents and Restricted cash, Beginning of period	28,044	10,150
Cash and cash equivalents and Restricted cash, End of period	12,437	6,440
Cash and cash equivalents			8,039	23,399	4,590
Restricted Cash			4,398		1,850
Cash and cash equivalents and Restricted cash	28,044	10,150	12,437	28,044	6,440
Non Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	12,793	(733)
Net cash used in investing activities	(25)	(127)
Financing activities
Payments from (and advances to) parent/subsidiary	3,693	596
Net proceeds from mortgage repurchase facilities	(11,307)
Net cash provided by (used in) financing activities	(7,614)	596
Net decrease	5,154	(264)
Cash and cash equivalents and Restricted cash, Beginning of period	9,435	6,167
Cash and cash equivalents and Restricted cash, End of period	14,589	5,903
Cash and cash equivalents			12,982	9,199	5,903
Restricted Cash			1,607
Cash and cash equivalents and Restricted cash	$ 9,435	$ 6,167	$ 14,589	$ 9,435	$ 5,903