Century Communities (CCS) 10-Q 7 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 26, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Century Communities, Inc.
Entity Filer Category	Accelerated Filer
Entity Central Index Key	1,576,940
Entity Small Business	false
Entity Emerging Growth Company	false
Amendment Flag	false
Document Type	10-Q
Trading Symbol	ccs
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		30,758,852

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 15,927	$ 88,832
Cash held in escrow	31,906	37,723
Accounts receivable	28,015	12,999
Inventories	1,834,897	1,390,354
Mortgage loans held for sale	62,440	52,327
Prepaid expenses and other assets	100,245	60,812
Property and equipment, net	32,827	27,911
Investment in unconsolidated subsidiaries		28,208
Deferred tax assets, net	10,412	5,555
Amortizable intangible assets, net	5,205	2,938
Goodwill	30,620	27,363
Total assets	2,152,494	1,735,022
Liabilities:
Accounts payable	40,614	24,831
Accrued expenses and other liabilities	190,305	150,356
Notes payable	787,455	776,283
Revolving line of credit	236,000
Mortgage repurchase facilities	57,327	48,319
Total liabilities	1,311,701	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, 30,758,852 and 29,502,624 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	308	295
Additional paid-in capital	602,659	566,790
Retained earnings	237,826	168,148
Total stockholders' equity	840,793	735,233
Total liabilities and stockholders' equity	$ 2,152,494	$ 1,735,022

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 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	30,758,852	29,502,624
Common stock shares outstanding	30,758,852	29,502,624

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues
Total revenues	$ 561,729	$ 379,716	$ 1,495,467	$ 899,855
Cost of revenues
Selling, general, and administrative	(70,975)	(46,165)	(191,130)	(113,597)
Acquisition expense	(58)	(7,205)	(395)	(8,645)
Equity in income of unconsolidated subsidiaries		3,716	14,849	7,648
Other income (expense)	(545)	1,013	(553)	2,274
Income before income tax expense	22,858	15,156	92,468	50,316
Income tax expense	(5,810)	(5,686)	(22,207)	(17,216)
Net income	$ 17,048	$ 9,470	$ 70,261	$ 33,100
Earnings per share:
Basic	$ 0.56	$ 0.37	$ 2.35	$ 1.42
Diluted	$ 0.56	$ 0.37	$ 2.33	$ 1.41
Weighted average common shares outstanding:
Basic	30,232,376	25,445,552	29,885,858	23,038,390
Diluted	30,554,881	25,726,137	30,189,058	23,275,320
Home Sales [Member]
Revenues
Total revenues	$ 552,876	$ 374,935	$ 1,469,871	$ 888,942
Cost of revenues
Cost of revenues	(460,144)	(311,365)	(1,206,924)	(727,577)
Land Sales And Other [Member]
Revenues
Total revenues	1,131	1,826	4,304	6,216
Cost of revenues
Cost of revenues	(1,093)	(2,104)	(3,010)	(4,994)
Homebuilding [Member]
Revenues
Total revenues	554,007	376,761	1,474,175	895,158
Cost of revenues
Cost of revenues	(461,237)	(313,469)	(1,209,934)	(732,571)
Financial Services [Member]
Revenues
Total revenues	7,722	2,955	21,292	4,697
Cost of revenues
Cost of revenues	$ (6,056)	$ (2,450)	$ (15,836)	$ (4,648)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Operating activities
Net income	$ 70,261	$ 33,100
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	8,803	5,073
Stock-based compensation expense	10,135	6,521
Deferred income taxes	(804)	(2,766)
Distribution of income from unconsolidated subsidiaries	7,432	5,246
Equity in income of unconsolidated subsidiaries	(14,849)	(7,648)
(Gain) loss on disposition of assets	1,399	202
Changes in assets and liabilities:
Cash held in escrow	6,077	(22,218)
Accounts receivable	(13,324)	(7,493)
Inventories	(243,355)	(95,065)
Prepaid expenses and other assets	(32,640)	(11,291)
Accounts payable	3,267	(8,026)
Accrued expenses and other liabilities	(9,285)	9,027
Mortgage loans held for sale	(10,114)	(30,071)
Net cash used in operating activities	(216,997)	(125,409)
Investing activities
Purchases of property and equipment	(11,893)	(5,867)
Business combinations, net of acquired cash	(28,036)	(77,457)
Proceeds from sale of South Carolina operations		17,074
Other investing activities	272	128
Net cash used in investing activities	(39,657)	(66,122)
Financing activities
Borrowings under revolving credit facilities	520,000	75,000
Payments on revolving credit facilities	(284,000)	(270,000)
Proceeds from issuance of senior notes		523,000
Proceeds from insurance notes payable	11,838
Extinguishments of debt assumed in business combination	(94,231)	(151,919)
Principal payments on notes payable	(2,173)	(4,735)
Debt issuance costs	(3,521)	(3,731)
Net proceeds from mortgage repurchase facilities	9,008	27,465
Net proceeds from issuances of common stock	31,230	35,010
Repurchases of common stock upon vesting of stock based compensation	(5,483)	(4,141)
Net cash provided by (used in) financing activities	182,668	225,949
Net increase (decrease)	(73,986)	34,418
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,954
Cash and cash equivalents and Restricted cash, End of period	19,727	65,372
Supplemental cash flow disclosure
Cash paid for income taxes	39,326	21,657
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	15,927	58,522
Restricted cash (Note 6)	3,800	6,850
Cash and cash equivalents and Restricted cash, End of period	$ 19,727	$ 65,372

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2018
Basis of Presentation [Abstract]
Basis of Presentation	1. Basis of Presentation  Century Communities, Inc. (which we refer to as “we,” “our,” or the “Company”), together with its subsidiaries, is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in metropolitan areas in the States of Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, 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. We build and sell homes under our Century Communities and Wade Jurney Homes brands. Our Century Communities brand targets a wide range of buyer profiles including: first time, first time move up, and active adult homebuyers, and provides our homebuyers with the ability to personalize their homes through certain option and upgrade selections. Our Wade Jurney Homes brand solely targets first time homebuyers in markets which are traditionally underserved by new homebuilders, sells homes through retail studios, and provides no option or upgrade selections. Our homebuilding operations are organized into the following five reportable segments: West, Mountain, Texas, Southeast, and Wade Jurney Homes. Additionally, our indirect wholly-owned subsidiaries, Inspire Home Loans, Inc., Parkway Title, LLC, and IHL Home Insurance Agency, LLC, which provide mortgage, title and insurance 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. 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 for total consideration of $209.0 million. 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. On June 14, 2018, we acquired the remaining 50% ownership interest in WJH, LLC (which we refer to as “WJH” or “Wade Jurney Homes”) for $37.5 million. WJH specializes in providing single family homes for first time buyers. On the acquisition date, WJH had operations in Alabama, Florida, Georgia, North Carolina and South Carolina. 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 condensed 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 The Financial Accounting Standards Board (which we refer to as “FASB”) has issued “Leases (Topic 842),” which requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. Topic 842 is effective for the Company beginning January 1, 2019 and interim periods within the annual periods. We are currently evaluating the impact Topic 842 will have on our consolidated financial statements. We pl an to adopt Topic 842 under a modified retrospective approach on January 1, 2019. 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 2016-18, we have included restricted cash in the beginning and ending balances on our Statements 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 Statements of Cash Flows. In accordance with ASU 2016-18, our prior year Statements of Cash Flows have 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 our Consolidated Statements of Operations, are presented as other revenue. During the three and nine months ended September 30, 2018, we recognized $0.5 million and $0.9 million of forfeited deposits, respectively. · 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 and nine months ended September 30, 2018, we recorded $0.8 million and $7.7 million from the disposition of land to third parties which were not considered customers, respectively. The related cost of these land dispositions during the same periods totaled $0.6 million and $7.8 million, respectively. · 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 $0. 1 million and $1.8 million in revenue and $0.1 million and $1.7 million in costs related to unsatisfied performance obligations on homes that we delivered during the three and nine months ended September 30, 2018, respectively. · 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 Statements 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 Sheets. Earnest money deposits totaled $19.0 million and $14.1 million at September 30, 2018 and December 31, 2017, respectively. 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. Costs 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 2 to 3 years.

Reporting Segments

Reporting Segments	9 Months Ended
	Sep. 30, 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 15 states. We build and sell homes under our Century Communities and Wade Jurney Homes brands. Our Century Communities brand is managed by geographic location, and each of our four geographic regions targets a wide range of buyer profiles including: first time, first time move up, and active adult homebuyers, and provides our homebuyers with the ability to personalize their homes through certain option and upgrade selections. Each of our four geographic regions is considered a separate operating segment. Our Wade Jurney Homes brand solely targets first time homebuyers in markets which are traditionally underserved by new homebuilders, sells homes through retail studios, and provides no option or upgrade selections. Our Wade Jurney Homes brand currently has operations in eight states and is managed separately from our four geographic regions, accordingly , it is considered a separate operating segment. The management of each of our four geographic regions and Wade Jurney Homes reports 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 and to allocate resources. Accordingly, we have presented our homebuilding operations as the following five reportable segments: · West ( California and Washington) · Mountain (Colorado, Nevada and Utah) · Texas · Southeast (Georgia, North Carolina, South Carolina and Tennessee) · Wade Jurney Homes (Alabama, Arizona, Georgia, Indiana, North Carolina, Ohio, South Carolina, and Florida) We have also identified our Financial Services operations, which provide mortgage , title , and insurance services to our homebuyers, as a sixth reportable segment. Our Corporate operations are a non-operating segment, as it serves to support our homebuilding operations through functions, such as our executive, finance, treasury, human resources, and accounting departments. The following table summarizes total revenue and income before income tax expense by operating segment, where adjustments for purchase price accounting are included in the relative segment (in thousands):    Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Revenue:  West $ 105,949 $ 73,684 $ 354,087 $ 73,684  Mountain 162,912 157,224 488,928 443,526  Texas 56,220 36,757 157,793 111,997  Southeast 141,458 109,096 360,653 265,951  Wade Jurney Homes 87,468 — 112,714 —  Financial Services 7,722 2,955 21,292 4,697  Corporate — — — —  Total revenue $ 561,729 $ 379,716 $ 1,495,467 $ 899,855   Income (loss) before income tax expense:  West $ 7,478 $ 5,259 $ 29,494 $ 5,259  Mountain 18,753 19,101 61,995 56,137  Texas 3,539 2,166 10,319 6,407  Southeast 10,401 6,001 24,106 16,609  Wade Jurney Homes 451 — 265 —  Financial Services 1,666 505 5,456 (192)  Corporate (19,430) (17,876) (39,167) (33,904)  Total income before income tax expense $ 22,858 $ 15,156 $ 92,468 $ 50,316  The following table summarizes total assets by operating segment (in thousands):   September 30, December 31,  2018 2017  West $ 479,280 $ 394,215  Mountain 639,811 571,880  Texas 216,851 192,078  Southeast 468,144 401,618  Wade Jurney Homes 178,511 —  Financial Services 89,238 63,137  Corporate 80,659 112,094  Total assets $ 2,152,494 $ 1,735,022 Corporate assets primarily include certain cash and cash equivalents, certain property and equipment, our investment in unconsolidated subsidiaries, prepaid insurance, and deferred financing costs on our revolving line of credit.

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Business Combinations	3. Business Combinations UCP, Inc. 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. 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 CCS 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 fair value of assets acquired and liabilities assumed as of the acquisition date (in thousands):    Cash and cash equivalents $ 20,264  Accounts receivable 7,897  Inventories 390,234  Prepaid expenses and other assets 6,988  Property and equipment, net 717  Deferred tax asset, net 11,984  Goodwill 5,713  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  During the nine months ended September 30, 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 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 have allocated all Goodwill to the West operating segment. Goodwill of $5.4 million will be deductible for tax purposes.  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. 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 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 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 of $4.8 million 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. WJH, LLC - Wade Jurney Homes On June 14, 2018, we acquired the remaining 50% ownership interest in WJH for $37.5 million, whereby WJH became a 100% owned subsidiary of the Company. We initially acquired a 50% ownership interest in WJH in November 2016 as part of a joint venture, which was accounted for under the equity method of accounting. Our Wade Jurney Homes brand solely targets first time homebuyers in markets which are traditionally underserved by new homebuilders, sells homes through retail studios, and provides no option or upgrade selections. The acquired assets primarily include homes under construction that are in various stages of complet ion and are geographically dispe rsed. We determined that the fair value of the gross assets acquired was not concentrated in a single identifiable asset or group of similar identifiable assets. 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. We incurred $0.2 million in acquisition costs which are reflected in acquisition expenses in our Consolidated Statements of Operations.  Authoritative guidance on accounting for business combinations requires that an acquirer re-measure its previously held equity interest in the acquisition at its acquisition date fair value and recognize the resulting gain or loss in earnings. As such, we valued our previously held equity interest in WJH at $35.6 million, which is inclusive of an estimated discount for lack of control of $1.9 million, and recognized a gain of $7.2 million during the nine months ended September 30, 2018. The gain is included in “Equity in income of unconsolidated subsidiaries” on our Consolidated Statements of Operations.  The following table outlines the total consideration transferred, inclusive of cash acquired and the fair value of our previously held equity interest (in thousands):     Cash consideration transferred for 50% ownership interest $ 37,500  Previously held equity interest acquisition date fair value 35,625  Net assets acquired $ 73,125  The following table summarizes our preliminary estimates of the assets acquired and liabilities assumed as of the acquisition date (in thousands):    Cash and cash equivalents $ 9,464  Cash held in escrow 260  Accounts receivable 1,042  Inventories 156,828  Prepaid expenses and other assets 7,710  Amortizable intangible assets 3,375  Goodwill 3,542  $ 182,221   Accounts payable $ 12,516  Accrued expenses and other liabilities 2,349  Senior notes and revolving line of credit 94,231  Total liabilities 109,096  Net assets acquired $ 73,125 Acquired inventories consist primarily of work in process inventories. 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. Amortizable intangible assets include acquired trade names and a non-compete agreement, which were estimated to have fair values of $3.0 million and $0.4 million, respectively, and are amortized over 10 years and 2 years, respectively. 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 determined that WJH’s carrying costs approximated fair value for all other acquired assets and assumed liabilities. From the acquisition date, WJH’s results of operations, which include homebuilding revenues of $87.5 million and $112.7 million, respectively, and income before tax inclusive of purchase price accounting, of $0.5 million and $0.3 million, respectively, are included in our accompanying Consolidated Statement of Operations for the three and nine months ended September 30, 2018.  Unaudited Pro Forma Financial Information Unaudited pro forma revenues and income before tax expense for the nine months ended September 30, 2018 gives effect to including the results of the acquisition of WJH as of January 1, 2018. Unaudited pro forma income before tax expense adjusts the operating results of WJH 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 (in thousands, except share and per share information):    Nine months ended September 30,  2018  Total revenues $ 1,645,858   Income before tax expense $ 87,092  Tax expense (21,773)  Net income $ 65,319  Less: Undistributed earnings allocated to participating securities (54)  Numerator for basic and diluted pro forma EPS $ 65,265   Pro forma weighted average shares-basic 29,885,858  Pro forma weighted average shares-diluted 30,189,058   Pro forma basic EPS $ 2.18  Pro forma diluted EPS $ 2.16 Unaudited pro forma revenues and income before tax expense for the nine months ended September 30, 2017 give effect to including the results of the acquisitions of UCP, Sundquist Homes, and WJH as of January 1, 2017. Unaudited pro forma income before tax expense adjusts the operating results of UCP, Sundquist Homes, and WJH 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 “Pro forma EPS”) gives effect to the issuance of approximately 4.2 million shares of our 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 September 30, Nine months ended September 30,  2017 2017  Total revenues $ 507,008 $ 1,373,689   Income before tax expense $ 30,107 $ 91,445  Tax expense (9,390) (23,496)  Net income $ 20,717 $ 67,949  Less: Undistributed earnings allocated to participating securities (108) (520)  Numerator for basic and diluted pro forma earnings per share $ 20,609 $ 67,429   Pro forma weighted average shares-basic 27,034,192 26,342,362  Pro forma weighted average shares-diluted 27,314,777 26,579,292   Pro forma basic earnings per share $ 0.76 $ 2.56  Pro forma diluted earnings per share $ 0.75 $ 2.54  

Inventories

Inventories	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Inventories	4. Inventories Inventories included the following (in thousands):     September 30, December 31,  2018 2017  Homes under construction $ 1,158,072 $ 869,554  Land and land development 625,253 479,038  Capitalized interest 51,572 41,762  Total inventories $ 1,834,897 $ 1,390,354

Financial Services

Financial Services	9 Months Ended
	Sep. 30, 2018
Financial Services [Abstract]
Financial Services	5. Financial Services Our Financial Services are principally comprised of our mortgage lending operations, Inspire Home Loans, Inc . (which we refer to as “Inspire”). Inspire, is a full-service mortgage lender and primarily originates mortgage loans for our homebuyers. Inspire sells substantially all of the loans it originates and their related servicing rights in the secondary mortgage market within a short period of time after origination, generally within 30 days. Inspire primarily finances these loans under its mortgage repurchase facilities. Mortgage loans in process for which interest rates were committed to borrowers totaled approximately $30.5 million and $10.0 million at September 30, 2018 and December 31, 2017, respectively, and carried a weighted average interest rate of approximately 4.8% , and 4.2% , respectively. As of September 30, 2018, Inspire had mortgage loans held for sale with an aggregate fair value of $62.4 million and an aggregate outstanding principal balance of $60.0 million. Interest rate risks related to these obligations are mitigated by the preselling of loans to investors or through our interest rate hedging program.  Mortgage loans held-for-sale, including the rights to service the mortgage loans, as we ll as the derivative instrument used to economically hedge our interest rate risk, which are typically forward commitments on mortgage back ed securities, are carried at fair value and changes in fair value are reflected in Financial Services Revenue on the consolidated statement of operations. Management believes carrying loans held-for-sale at fair value improves financial reporting by mitigating volatility in reported earnings caused by measuring the fair value of the loans and the derivative instruments used to economically hedge them without having to apply complex hedge accounting provisions. 

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	9 Months Ended
	Sep. 30, 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):     September 30, December 31,  2018 2017  Prepaid insurance $ 21,238 $ 6,549  Lot option and escrow deposits 53,213 35,700  Performance deposits 4,177 3,295  Deferred financing costs revolving line of credit, net 4,440 1,795  Restricted cash 3,800 4,881  Secured notes receivable 4,885 2,753  Other 8,492 5,839  Total prepaid expenses and other assets $ 100,245 $ 60,812 Restricted cash is comprised of customer deposits held in escrow pursuant to certain state laws and pledge accounts related to our mortgage repurchase facilities.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	9 Months Ended
	Sep. 30, 2018
Accrued Expenses and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	7. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities included the following (in thousands):     September 30, December 31,  2018 2017  Earnest money deposits $ 18,988 $ 14,077  Warranty reserve 10,272 8,531  Accrued compensation costs 25,892 22,129  Land development and home construction accruals 96,763 61,918  Liability for product financing arrangement 13,326 19,751  Accrued interest 16,060 14,435  Income taxes payable — 851  Other 9,004 8,664  Total accrued expenses and other liabilities $ 190,305 $ 150,356 

Warranties

Warranties	9 Months Ended
	Sep. 30, 2018
Warranties [Abstract]
Warranties	8. 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 our 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 $0.6 million and $0.8 million during the three and nine months ended September 30, 2018 , respectively, which is included as a reduction to cost of homes sales revenues on our Consolidated Statements of Operations. The following table summarizes the changes in our warranty accrual (in thousands):    Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Beginning balance $ 10,269 $ 3,057 $ 8,531 $ 2,479  Warranty reserve assumed in business combination — 6,202 397 6,202  Warranty expense provisions 1,568 1,245 4,789 2,827  Payments (968) (710) (2,688) (1,458)  Warranty adjustment (597) (944) (757) (1,200)  Ending balance $ 10,272 $ 8,850 $ 10,272 $ 8,850

Debt

Debt	9 Months Ended
	Sep. 30, 2018
Debt [Abstract]
Debt	9. Debt  Our outstanding debt obligations included the following as of September 30, 2018 and December 31, 2017 (in thousands):       September 30, December 31,  2018 2017  6.875% senior notes, due May 2022 (1) $ 380,224 $ 379,238  5.875% senior notes, due July 2025 (1) 395,238 394,725  3.278% insurance premium notes, due June 2019 9,673 —  Other financing obligations 2,320 2,320  Notes payable 787,455 776,283  Revolving line of credit, due April 2022 236,000 —  Mortgage repurchase facilities 57,327 48,319  Total debt $ 1,080,782 $ 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. On June 5, 2018, we entered into an Amended and Restated Credit Agreement which amended and restated the Credit Agreement. The Amended and Restated Credit Agreement provides us with a revolving line of credit of up to $540.0 million, and unless terminated earlier, will mature on April 30, 2022 . Under the terms of the Amended and Restated Credit Agreement, we may request a twelve-month extension of the maturity date and are entitled to request an increase in the size of the credit facility by an amount not exceeding $100.0 million. If the existing lenders elect not to provide the full amount of a requested increase, we may invite one or more other lender(s) to become a party to the Amended and Restated Credit Agreement, subject to the approval of the Administrative Agent. Our obligations under the Amended and Restated Credit Agreement are guaranteed by certain of our subsidiaries. The Amended and Restated Credit Agreement contains customary affirmative and negative covenants (including limitations on our ability to grant liens, incur additional debt, pay dividends, redeem our common stock, make certain investments and engage in certain merger, consolidation or asset sale transactions), as well as customary events of default. These covenants are measured as defined in the Amended and Restated Credit Agreement and are reported to the lenders quarterly. Borrowings under the Amended and Restated Credit Agreement bear interest at a floating rate equal to the adjusted Eurodollar Rate plus an applicable margin between 2.60% and 3.10% per annum, or, in the Administrative Agent’s discretion, a base rate plus an applicable margin between 1.60% and 2.10% per annum. On June 28, 2018, we entered into a Joinder Agreement which increased the credit facility to $590.0 million by exercising $50.0 million of the $100.0 million accordion feature and added a new lender. As of September 30, 2018 , we had $236.0 million outstanding under the credit facility, leaving $354.0 million in availability and were in compliance with all covenants. Mortgage Repurchase Facilities – Financial Services On May 4, 2018, Inspire entered into a Mortgage Warehouse Line of Credit, with Comerica Bank, upon the expiration of our first Master Repurchase Agreement. The Mortgage Warehouse Line of Credit (which we refer to as the “Third Master Repurchase Agreement”) provides Inspire with an uncommitted Mortgage Warehouse Line of Credit of up to $40 million, secured by the mortgage loans financed thereunder. Our existing Second Master Repurchase Agreements provided Inspire with revolving mortgage loan repurchase facilities of up to $35 million, providing Inspire a total potential lending capacity of up to $75 million. Amounts outstanding under the Repurchase Facilities are not guaranteed by us or any of our subsidiaries and the agreements contain various affirmative and negative covenants applicable to Inspire that are customary for arrangements of this type. As of September 30, 2018, we had $57.3 million outstanding under the Repurchase Facilities and were in compliance with all covenants under the agreements. During the three and nine months ended September 30, 2018 and 2017, we incurred interest expense on our Repurchase Facilities $0.4 million and $0.8 million, respectively, and $0.1 million and $0.1 million, respectively, which are included in “Financial services costs” on our Consolidated Statements of Operations.

Interest

Interest	9 Months Ended
	Sep. 30, 2018
Interest [Abstract]
Interest	10. 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 and nine months ended September 30, 2018 and 2017, we capitalized all interest costs incurred during these periods, except for interest incurred on our Repurchase Facilities . Our interest costs are as follows (in thousands):    Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Interest capitalized beginning of period $ 47,797 $ 35,668 $ 41,762 $ 28,935  Interest capitalized during period 16,109 13,338 43,387 31,902  Less: capitalized interest in cost of sales (12,334) (8,794) (33,577) (20,625)  Interest capitalized end of period $ 51,572 $ 40,212 $ 51,572 $ 40,212  

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Taxes [Abstract]
Income Taxes	11 . 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 including the deduction for domestic production activities. 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 consolidated financial statements for the year ended December 31, 2017. During the three and nine months ended September 30, 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 measurement period adjustments increasing our income tax provision for the three months ended September 30, 2018 by $0. 5 million and benefiting our income tax provision for the nine months ended September 30, 2018 by $1.2 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 26.6% 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 1.7% . For the three months ended September 30, 2018, our estimated annual rate of 26.6% was impacted by discrete items which had a net impact of benefiting our rate by 1.2%, including federal energy credits for homes delivered in 2017. For the nine months ended September 30, 2018 our estimated annual rate of 26.6% was impacted by discrete items which had a net impact of decreasing our rate by 2.6% . The discrete items recognized during the nine months ended September 30, 2018 included federal energy credits for homes delivered in 2017 which benefited our rate by 1.7% , excess tax benefits for vested stock-based compensation which benefited our rate by 1.7% , and measurement period adjustments under SAB 118 described above, which benefited our rate by 1.3% . These items were partially offset by a discrete item for deferred taxes related to our step acquisition of WJH , and certain return to provision items, which increased our rate by 2.1% .  For the three and nine months ended September 30, 2018, we recorded income tax expense of $5. 8 million and $2 2.2 million, respectively. 

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures	12. 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 the 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):    September 30, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 4,885 $ 4,885 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 62,440 $ 62,440 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 380,224 $ 385,528 $ 379,238 $ 397,044  5.875% senior notes (3) Level 2 $ 395,238 $ 368,238 $ 394,725 $ 400,225  3.278% insurance premium notes (4) Level 2 $ 9,673 $ 9,673 $ — $ —  Revolving line of credit (4) Level 3 $ 236,000 $ 236,000 $ — $ —  Other financing obligation (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 57,327 $ 57,327 $ 48,319 $ 48,319  (1) Estimated fair value of the secured notes receivable 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 are measured at fair value when acquired in a business combination. Long-lived assets determined to be impaired are measured at fair value.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	13. Stock-Based Compensation During the nine months ended September 30, 2018, we granted performance share units (which we refer to as “PSUs”) covering up to 0.3 million shares of common stock, assuming maximum level of performance, with a grant date fair value of $28.10 per share that are subject to both service and performance vesting conditions. The quantity of shares that will vest under the PSUs range from 0% to 250% of a targeted number of shares for each participant and will be determined based on an achievement of a three -year pre-tax income performance goal. During the nine months ended September 30, 2018, we also granted restricted stock units (which we refer to as “RSUs”) covering 0.3 million shares of common stock with a grant date fair value of $30.43 per share that vest over a one to three -year period. As of September 30, 2018, we had no remaining unvested restricted stock awards (which we refer to as “RSAs”) outstanding. A summary of our outstanding RSUs and PSUs, assuming maximum level of performance, are as follows (in thousands, except years):    As of September 30, 2018  Unvested awards/units 863  Unrecognized compensation cost $ 13,241  Period to recognize compensation cost 1.7 years During the three months ended September 30, 2018 and 2017 , we recognized stock-based compensation expense of $3.8 million and $2.6 million, respectively. During the nine months ended September 30, 2018 and 2017, we recognized stock-based compensation expense of $10.1 million and $6.5 million, respectively. Stock-based compensation expense is included in selling, general, and administrative on our Consolidated Statements of Operations.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2018
Stockholders' Equity [Abstract]
Stockholders' Equity	14. 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 September 30, 2018 and December 31, 201 7 , there were 30. 8 million and 29.4 million shares of common stock issued and outstanding, respectively, inclusive of the RSAs then outstanding . We issued 39.6 thousand and 0.3 million shares of common stock related to the vesting of RSUs during the three and nine months ended September 30, 2018, respectively . As of September 30, 2018, approximately 1.0 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 the 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, which superseded and replaced the First Distribution Agreement , pursuant to which we were authorized to offer and sell shares of our common stock having an aggregate offering price of up to $100.0 million from time to time through any of the Sales Agents in at-the-market offerings. On July 3, 2018, we entered into a third Distribution Agreement (which we refer to as the “Third Distribution Agreement”) with J.P. Morgan Securities LLC, Citigroup Global Markets Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as its sales agents (which we refer to as the “New Sales Agents”), which superseded and replaced the Second Distribution Agreement, pursuant to which we may offer and sell shares of our common stock having an aggregate offering price of up to $100.0 million from time to time through any of the New Sales Agents in at-the-market offerings . During the three and nine months ended September 30, 2018, we sold and issued an aggregate of 0.6 million and 1.1 million shares of our common stock under the Second and Third Distribution Agreements, which provided proceeds net of commissions of $17.1 million and $31.7 million, respectively, and, in connection with such sales, paid total commissions and fees to the Sales Agents of $0.3 million and $0.6 million, respectively. During the three and nine months ended September 30, 2017, we sold and issued an aggregate of 0.4 million and 1.4 million, respectively, shares of our common stock under the First and Second Distribution Agreements, which provided net proceeds of $ 10.0 million and $34.6 million, respectively, and in connection with such sales, paid total commissions and fees to the Sales Agents of $0.2 million and $0.7 million, respectively.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	15. Earnings Per Share We use the two-class method of calculating EPS as our non-vested RSAs 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 RSUs and PSUs as these awards do not have participating rights. The following table sets forth the computation of basic and diluted EPS for the three and nine months ended September 30, 2018 and 2017 (in thousands, except share and per share information):   Three Months Ended Nine months ended  September 30, September 30,  2018 2017 2018 2017  Numerator  Net income $ 17,048 $ 9,470 $ 70,261 $ 33,100  Less: Undistributed earnings allocated to participating securities — (52) (58) (289)  Net income allocable to common stockholders $ 17,048 $ 9,418 $ 70,203 $ 32,811  Denominator  Weighted average common shares outstanding - basic 30,232,376 25,445,552 29,885,858 23,038,390  Dilutive effect of restricted stock units 322,505 280,585 303,200 236,930  Weighted average common shares outstanding - diluted 30,554,881 25,726,137 30,189,058 23,275,320  Earnings per share:  Basic $ 0.56 $ 0.37 $ 2.35 $ 1.42  Diluted $ 0.56 $ 0.37 $ 2.33 $ 1.41  Stock-based awards are excluded from the calculation of diluted EPS in the event they are subject to unsatisfied performance conditions or are antidilutive. We excluded 0.3 million common unit equivalents from diluted earnings per share during the three and nine months ended September 30, 2018 related to the PSU’s granted during the periods. We did no t have any common unit equivalents to exclude from diluted earnings per share during the three and nine months ended September 30, 2017.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Letters of Credit and Performance Bonds In the normal course of business, we post letters of credit and performance bonds related to our land development performance obligations with local municipalities. As of September 30, 2018 and December 31, 2017 , we had $296.9 million and $158.6 million, respectively, in letters of credit and performance bonds issued and outstanding. Litigation We are 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 flows.

Supplemental Guarantor Informat

Supplemental Guarantor Information	9 Months Ended
	Sep. 30, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information	17. Supplemental Guarantor Information Our 6.875% senior notes due 2022 and 5.875% senior notes due 2025 (which we collectively refer to as our “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 collectively as “Guarantors”). Each of the indentures governing our 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 exchange offers effected in February 2015, October 2015 and April 2017 and the issuance of the 5.875% senior notes due 2025 , 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 September 30, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Assets  Cash and cash equivalents $ — $ 8,922 $ 23,585 $ (16,580) $ 15,927  Cash held in escrow — 31,906 — — 31,906  Accounts receivable 15,672 12,271 72 — 28,015  Investment in consolidated subsidiaries 1,860,196 — — (1,860,196) —  Inventories — 1,834,897 — — 1,834,897  Mortgage loans held for sale — — 62,440 — 62,440  Prepaid expenses and other assets 6,835 91,457 1,953 — 100,245  Deferred tax assets, net 10,412 — — — 10,412  Property and equipment, net 13,153 18,982 692 — 32,827  Amortizable intangible assets, net — 5,205 — — 5,205  Goodwill — 30,620 — — 30,620  Total assets $ 1,906,268 $ 2,034,260 $ 88,742 $ (1,876,776) $ 2,152,494  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 17,084 $ 39,704 $ 406 $ (16,580) $ 40,614  Accrued expenses and other liabilities 31,215 156,939 2,151 — 190,305  Notes payable 775,462 11,993 — — 787,455  Revolving line of credit 236,000 — — — 236,000  Mortgage repurchase facilities — — 57,327 — 57,327  Total liabilities 1,059,761 208,636 59,884 (16,580) 1,311,701  Stockholders’ equity: 846,507 1,825,624 28,858 (1,860,196) 840,793  Total liabilities and stockholders’ equity $ 1,906,268 $ 2,034,260 $ 88,742 $ (1,876,776) $ 2,152,494       Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  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  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 September 30, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 552,876 $ — $ — $ 552,876  Land sales and other revenues — 1,131 — — 1,131  — 554,007 — — 554,007  Financial services revenue — — 7,722 — 7,722  Total revenues — 554,007 7,722 — 561,729  Homebuilding cost of revenues  Cost of homes sales revenues — (460,144) — — (460,144)  Cost of land sales and other revenues — (1,093) — — (1,093)  — (461,237) — — (461,237)  Financial services costs — — (6,056) — (6,056)  Selling, general and administrative (20,187) (50,788) — — (70,975)  Acquisition expense (58) — — — (58)  Equity in earnings from consolidated subsidiaries 32,282 — — (32,282) —  Other income (expense) 61 (606) — — (545)  Income before income tax expense 12,098 41,376 1,666 (32,282) 22,858  Income tax expense 4,950 (10,344) (416) — (5,810)  Net income $ 17,048 $ 31,032 $ 1,250 $ (32,282) $ 17,048         Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended September 30, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 374,935 $ — $ — $ 374,935  Land sales and other revenues — 1,826 — — 1,826  — 376,761 — — 376,761  Financial services revenue — — 2,955 — 2,955  Total revenues — 376,761 2,955 — 379,716  Homebuilding cost of revenues  Cost of homes sales revenues — (311,365) — — (311,365)  Cost of land sales and other revenues — (2,104) — — (2,104)  — (313,469) — — (313,469)  Financial services costs — — (2,450) — (2,450)  Selling, general and administrative (13,342) (32,823) — — (46,165)  Acquisition expense (7,205) — — — (7,205)  Equity in earnings of consolidated subsidiaries 20,470 — — (20,470) —  Equity in income from unconsolidated subsidiaries 3,716 — — — 3,716  Other income (expense) 495 518 — — 1,013  Income before income tax expense 4,134 30,987 505 (20,470) 15,156  Income tax expense 5,336 (10,845) (177) — (5,686)  Net income $ 9,470 $ 20,142 $ 328 $ (20,470) $ 9,470        Supplemental Condensed Consolidated Statement of Operations  For the Nine Months Ended September 30, 2018 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 1,469,871 $ — $ — $ 1,469,871  Land sales and other revenues — 4,304 — — 4,304  — 1,474,175 — — 1,474,175  Financial services revenue — — 21,292 — 21,292  Total revenues — 1,474,175 21,292 — 1,495,467  Homebuilding cost of revenues  Cost of homes sales revenues — (1,206,924) — — (1,206,924)  Cost of land sales and other revenues — (3,010) — — (3,010)  — (1,209,934) — — (1,209,934)  Financial services costs — — (15,836) — (15,836)  Selling, general and administrative (53,802) (137,328) — — (191,130)  Acquisition expense (395) — — — (395)  Equity in earnings from consolidated subsidiaries 97,688 — — (97,688) —  Equity in income of unconsolidated subsidiaries 14,849 — — — 14,849  Other income (expense) (194) (359) — — (553)  Income before income tax expense 58,146 126,554 5,456 (97,688) 92,468  Income tax expense 12,115 (32,904) (1,418) — (22,207)  Net income $ 70,261 $ 93,650 $ 4,038 $ (97,688) $ 70,261           Supplemental Condensed Consolidated Statement of Operations  For the Nine Months Ended September 30, 2017 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 888,942 $ — $ — $ 888,942  Land sales and other revenues — 6,216 — — 6,216  — 895,158 — — 895,158  Financial services revenue — — 4,697 — 4,697  Total revenues — 895,158 4,697 — 899,855  Homebuilding cost of revenues  Cost of homes sales revenues — (727,577) — — (727,577)  Cost of land sales and other revenues — (4,994) — — (4,994)  — (732,571) — — (732,571)  Financial services costs — — (4,648) — (4,648)  Selling, general and administrative (30,876) (82,721) — — (113,597)  Acquisition expense (8,645) — — — (8,645)  Equity in earnings from consolidated subsidiaries 52,869 — — (52,869) —  Equity in income of unconsolidated subsidiaries 7,648 — — — 7,648  Other income (expense) 852 1,386 36 — 2,274  Income before income tax expense 21,848 81,252 85 (52,869) 50,316  Income tax expense 11,252 (28,438) (30) — (17,216)  Net income $ 33,100 $ 52,814 $ 55 $ (52,869) $ 33,100       Supplemental Condensed Consolidated Statement of Cash Flows  For the Nine Months Ended September 30, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (71,743) $ (123,418) $ (5,256) $ (16,580) $ (216,997)  Net cash used in investing activities $ (153,607) $ (165,939) $ (159) $ 280,048 $ (39,657)  Financing activities  Borrowings under revolving credit facilities $ 520,000 $ — $ — $ — $ 520,000  Payments on revolving credit facilities (284,000) — — — (284,000)  Proceeds from insurance notes payable — 11,838 — — 11,838  Extinguishments of debt assumed in business combination (94,231) — — — (94,231)  Principal payments on notes payable (9) (2,164) — — (2,173)  Debt issuance costs (3,521) — — — (3,521)  Repurchases of common stock upon vesting of restricted stock awards (5,483) — — — (5,483)  Payments from (and advances to) parent/subsidiary 5,130 263,120 11,798 (280,048) —  Net proceeds from mortgage repurchase facilities — — 9,008 — 9,008  Net proceeds from issuances of common stock 31,230 — — — 31,230  Net cash provided by (used in) financing activities $ 169,116 $ 272,794 $ 20,806 $ (280,048) $ 182,668  Net increase (decrease) $ (56,234) $ (16,563) $ 15,391 $ (16,580) $ (73,986)  Cash and cash equivalents and Restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ — $ 11,481 $ 24,826 $ (16,580) $ 19,727   Cash and cash equivalents $ — $ 8,922 $ 23,585 $ (16,580) $ 15,927  Restricted Cash — 2,559 1,241 — 3,800  Cash and cash equivalents and Restricted cash $ — $ 11,481 $ 24,826 $ (16,580) $ 19,727     Supplemental Condensed Consolidated Statement of Cash Flows  For the Nine Months Ended September 30, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (8,164) $ (87,231) $ (30,014) $ — $ (125,409)  Net cash used in investing activities $ (434,617) $ (63,905) $ (467) $ 432,867 $ (66,122)  Financing activities  Borrowings under revolving credit facilities $ 75,000 $ — $ — $ — $ 75,000  Payments on revolving credit facilities (270,000) — — — (270,000)   Proceeds from issuance of senior notes 523,000 — — — 523,000   Extinguishments of debt assumed in business combination — (151,919) — — (151,919)  Principal payments on notes payable — (4,735) — — (4,735)  Debt issuance costs (3,731) — — — (3,731)  Repurchase of common stock upon vesting of restricted stock awards (4,141) — — — (4,141)  Payments from (and advances to) parent/subsidiary 108,887 320,768 3,212 (432,867) —  Net proceeds from mortgage repurchase facility — — 27,465 — 27,465  Net proceeds from issuances of common stock 35,010 — — — 35,010  Net cash provided by (used in) financing activities $ 464,025 $ 164,114 $ 30,677 $ (432,867) $ 225,949  Net increase (decrease) $ 21,244 $ 12,978 $ 196 $ — $ 34,418  Cash and cash equivalents and Restricted cash  Beginning of period $ 14,637 $ 10,150 $ 6,167 $ — $ 30,954  End of period $ 35,881 $ 23,128 $ 6,363 $ — $ 65,372   Cash and cash equivalents $ 35,881 $ 16,278 $ 6,363 $ — $ 58,522  Restricted Cash — 6,850 — — 6,850  Cash and cash equivalents and Restricted cash $ 35,881 $ 23,128 $ 6,363 $ — $ 65,372     

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	 1 8 . Subsequent Events  On November 6, 2018, we authorized a stock repurchase program , under which we may repurchase up to 4,500,000 shares of our outstanding common stock. Under the terms of the program, the shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The actual manner, timing, amount and value of repurchases under the stock repurchase program will be determined by management at its discretion and will depend on a number of factors, including the market price of the Company’s common stock, trading volume, other capital management objectives and opportunities, applicable legal requirements, and general market and economic conditions.  The Company intends to finance any stock repurchases through available cash and its revolving credit facility. Repurchases also may be made under a trading plan under Rule 10b5-1, which would permit shares to be repurchased when the Company might otherwise may be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. There is no guarantee as to the number of shares that will be repurchased, and the stock repurchase program may be extended, suspended or discontinued at any time without notice at the Company’s discretion.  

Basis of Presentation (Policy)

Basis of Presentation (Policy)	9 Months Ended
	Sep. 30, 2018
Basis of Presentation [Abstract]
Basis of Presentation	Basis of Presentation  Century Communities, Inc. (which we refer to as “we,” “our,” or the “Company”), together with its subsidiaries, is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in metropolitan areas in the States of Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, 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. We build and sell homes under our Century Communities and Wade Jurney Homes brands. Our Century Communities brand targets a wide range of buyer profiles including: first time, first time move up, and active adult homebuyers, and provides our homebuyers with the ability to personalize their homes through certain option and upgrade selections. Our Wade Jurney Homes brand solely targets first time homebuyers in markets which are traditionally underserved by new homebuilders, sells homes through retail studios, and provides no option or upgrade selections. Our homebuilding operations are organized into the following five reportable segments: West, Mountain, Texas, Southeast, and Wade Jurney Homes. Additionally, our indirect wholly-owned subsidiaries, Inspire Home Loans, Inc., Parkway Title, LLC, and IHL Home Insurance Agency, LLC, which provide mortgage, title and insurance 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. 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 for total consideration of $209.0 million. 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. On June 14, 2018, we acquired the remaining 50% ownership interest in WJH, LLC (which we refer to as “WJH” or “Wade Jurney Homes”) for $37.5 million. WJH specializes in providing single family homes for first time buyers. On the acquisition date, WJH had operations in Alabama, Florida, Georgia, North Carolina and South Carolina. 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 condensed 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 The Financial Accounting Standards Board (which we refer to as “FASB”) has issued “Leases (Topic 842),” which requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. Topic 842 is effective for the Company beginning January 1, 2019 and interim periods within the annual periods. We are currently evaluating the impact Topic 842 will have on our consolidated financial statements. We pl an to adopt Topic 842 under a modified retrospective approach on January 1, 2019. 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 2016-18, we have included restricted cash in the beginning and ending balances on our Statements 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 Statements of Cash Flows. In accordance with ASU 2016-18, our prior year Statements of Cash Flows have 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 our Consolidated Statements of Operations, are presented as other revenue. During the three and nine months ended September 30, 2018, we recognized $0.5 million and $0.9 million of forfeited deposits, respectively. · 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 and nine months ended September 30, 2018, we recorded $0.8 million and $7.7 million from the disposition of land to third parties which were not considered customers, respectively. The related cost of these land dispositions during the same periods totaled $0.6 million and $7.8 million, respectively. · 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 $0. 1 million and $1.8 million in revenue and $0.1 million and $1.7 million in costs related to unsatisfied performance obligations on homes that we delivered during the three and nine months ended September 30, 2018, respectively. · 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 Statements 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 Sheets. Earnest money deposits totaled $19.0 million and $14.1 million at September 30, 2018 and December 31, 2017, respectively. 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. Costs 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 2 to 3 years.

Reporting Segments (Tables)

Reporting Segments (Tables)	9 Months Ended
	Sep. 30, 2018
Reporting Segments [Abstract]
Schedule Of Total Revenue And Pretax Income By Segment	  Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Revenue:  West $ 105,949 $ 73,684 $ 354,087 $ 73,684  Mountain 162,912 157,224 488,928 443,526  Texas 56,220 36,757 157,793 111,997  Southeast 141,458 109,096 360,653 265,951  Wade Jurney Homes 87,468 — 112,714 —  Financial Services 7,722 2,955 21,292 4,697  Corporate — — — —  Total revenue $ 561,729 $ 379,716 $ 1,495,467 $ 899,855   Income (loss) before income tax expense:  West $ 7,478 $ 5,259 $ 29,494 $ 5,259  Mountain 18,753 19,101 61,995 56,137  Texas 3,539 2,166 10,319 6,407  Southeast 10,401 6,001 24,106 16,609  Wade Jurney Homes 451 — 265 —  Financial Services 1,666 505 5,456 (192)  Corporate (19,430) (17,876) (39,167) (33,904)  Total income before income tax expense $ 22,858 $ 15,156 $ 92,468 $ 50,316 
Schedule Of Total Assets By Segment	  September 30, December 31,  2018 2017  West $ 479,280 $ 394,215  Mountain 639,811 571,880  Texas 216,851 192,078  Southeast 468,144 401,618  Wade Jurney Homes 178,511 —  Financial Services 89,238 63,137  Corporate 80,659 112,094  Total assets $ 2,152,494 $ 1,735,022 

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 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 CCS 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 Fair Values Of Assets Acquired And Liabilities Assumed	  Cash and cash equivalents $ 20,264  Accounts receivable 7,897  Inventories 390,234  Prepaid expenses and other assets 6,988  Property and equipment, net 717  Deferred tax asset, net 11,984  Goodwill 5,713  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 September 30, Nine months ended September 30,  2017 2017  Total revenues $ 507,008 $ 1,373,689   Income before tax expense $ 30,107 $ 91,445  Tax expense (9,390) (23,496)  Net income $ 20,717 $ 67,949  Less: Undistributed earnings allocated to participating securities (108) (520)  Numerator for basic and diluted pro forma earnings per share $ 20,609 $ 67,429   Pro forma weighted average shares-basic 27,034,192 26,342,362  Pro forma weighted average shares-diluted 27,314,777 26,579,292   Pro forma basic earnings per share $ 0.76 $ 2.56  Pro forma diluted earnings per share $ 0.75 $ 2.54 
Sundquist Homes [Member]
Business Combinations [Line Items]
Schedule 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 
Wade Jurney Homes [Member]
Business Combinations [Line Items]
Schedule Of Total Consideration Transferred	  Cash consideration transferred for 50% ownership interest $ 37,500  Previously held equity interest acquisition date fair value 35,625  Net assets acquired $ 73,125 
Schedule Of Fair Values Of Assets Acquired And Liabilities Assumed	  Cash and cash equivalents $ 9,464  Cash held in escrow 260  Accounts receivable 1,042  Inventories 156,828  Prepaid expenses and other assets 7,710  Amortizable intangible assets 3,375  Goodwill 3,542  $ 182,221   Accounts payable $ 12,516  Accrued expenses and other liabilities 2,349  Senior notes and revolving line of credit 94,231  Total liabilities 109,096  Net assets acquired $ 73,125 
Pro Forma Financial Information [Abstract]
Schedule Of Pro Forma Information	  Nine months ended September 30,  2018  Total revenues $ 1,645,858   Income before tax expense $ 87,092  Tax expense (21,773)  Net income $ 65,319  Less: Undistributed earnings allocated to participating securities (54)  Numerator for basic and diluted pro forma EPS $ 65,265   Pro forma weighted average shares-basic 29,885,858  Pro forma weighted average shares-diluted 30,189,058   Pro forma basic EPS $ 2.18  Pro forma diluted EPS $ 2.16 

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Schedule Of Inventories	   September 30, December 31,  2018 2017  Homes under construction $ 1,158,072 $ 869,554  Land and land development 625,253 479,038  Capitalized interest 51,572 41,762  Total inventories $ 1,834,897 $ 1,390,354 

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2018
Prepaid Expenses and Other Assets [Abstract]
Schedule Of Prepaid Expenses And Other Assets	  September 30, December 31,  2018 2017  Prepaid insurance $ 21,238 $ 6,549  Lot option and escrow deposits 53,213 35,700  Performance deposits 4,177 3,295  Deferred financing costs revolving line of credit, net 4,440 1,795  Restricted cash 3,800 4,881  Secured notes receivable 4,885 2,753  Other 8,492 5,839  Total prepaid expenses and other assets $ 100,245 $ 60,812 

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Accrued Expenses and Other Liabilities [Abstract]
Schedule Of Accrued Expenses And Other Liabilities	   September 30, December 31,  2018 2017  Earnest money deposits $ 18,988 $ 14,077  Warranty reserve 10,272 8,531  Accrued compensation costs 25,892 22,129  Land development and home construction accruals 96,763 61,918  Liability for product financing arrangement 13,326 19,751  Accrued interest 16,060 14,435  Income taxes payable — 851  Other 9,004 8,664  Total accrued expenses and other liabilities $ 190,305 $ 150,356 

Warranties (Tables)

Warranties (Tables)	9 Months Ended
	Sep. 30, 2018
Warranties [Abstract]
Schedule Of Changes In Warranty Accrual	  Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Beginning balance $ 10,269 $ 3,057 $ 8,531 $ 2,479  Warranty reserve assumed in business combination — 6,202 397 6,202  Warranty expense provisions 1,568 1,245 4,789 2,827  Payments (968) (710) (2,688) (1,458)  Warranty adjustment (597) (944) (757) (1,200)  Ending balance $ 10,272 $ 8,850 $ 10,272 $ 8,850 

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Debt [Abstract]
Schedule Of Outstanding Debt Obligations	      September 30, December 31,  2018 2017  6.875% senior notes, due May 2022 (1) $ 380,224 $ 379,238  5.875% senior notes, due July 2025 (1) 395,238 394,725  3.278% insurance premium notes, due June 2019 9,673 —  Other financing obligations 2,320 2,320  Notes payable 787,455 776,283  Revolving line of credit, due April 2022 236,000 —  Mortgage repurchase facilities 57,327 48,319  Total debt $ 1,080,782 $ 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)	9 Months Ended
	Sep. 30, 2018
Interest [Abstract]
Schedule Of Capitalized Interest Costs	  Three months ended September 30, Nine months ended September 30,  2018 2017 2018 2017  Interest capitalized beginning of period $ 47,797 $ 35,668 $ 41,762 $ 28,935  Interest capitalized during period 16,109 13,338 43,387 31,902  Less: capitalized interest in cost of sales (12,334) (8,794) (33,577) (20,625)  Interest capitalized end of period $ 51,572 $ 40,212 $ 51,572 $ 40,212 

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments	   September 30, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 4,885 $ 4,885 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 62,440 $ 62,440 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 380,224 $ 385,528 $ 379,238 $ 397,044  5.875% senior notes (3) Level 2 $ 395,238 $ 368,238 $ 394,725 $ 400,225  3.278% insurance premium notes (4) Level 2 $ 9,673 $ 9,673 $ — $ —  Revolving line of credit (4) Level 3 $ 236,000 $ 236,000 $ — $ —  Other financing obligation (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 57,327 $ 57,327 $ 48,319 $ 48,319  (1) Estimated fair value of the secured notes receivable 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)	9 Months Ended
	Sep. 30, 2018
Stock-Based Compensation [Abstract]
Summary Of Outstanding Restricted Stock Awards And Units	  As of September 30, 2018  Unvested awards/units 863  Unrecognized compensation cost $ 13,241  Period to recognize compensation cost 1.7 years 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share, Basic And Diluted	  Three Months Ended Nine months ended  September 30, September 30,  2018 2017 2018 2017  Numerator  Net income $ 17,048 $ 9,470 $ 70,261 $ 33,100  Less: Undistributed earnings allocated to participating securities — (52) (58) (289)  Net income allocable to common stockholders $ 17,048 $ 9,418 $ 70,203 $ 32,811  Denominator  Weighted average common shares outstanding - basic 30,232,376 25,445,552 29,885,858 23,038,390  Dilutive effect of restricted stock units 322,505 280,585 303,200 236,930  Weighted average common shares outstanding - diluted 30,554,881 25,726,137 30,189,058 23,275,320  Earnings per share:  Basic $ 0.56 $ 0.37 $ 2.35 $ 1.42  Diluted $ 0.56 $ 0.37 $ 2.33 $ 1.41 

Supplemental Guarantor Inform_2

Supplemental Guarantor Information (Tables)	9 Months Ended
	Sep. 30, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Condensed Consolidated Balance Sheet	   Supplemental Condensed Consolidated Balance Sheet  As of September 30, 2018 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Assets  Cash and cash equivalents $ — $ 8,922 $ 23,585 $ (16,580) $ 15,927  Cash held in escrow — 31,906 — — 31,906  Accounts receivable 15,672 12,271 72 — 28,015  Investment in consolidated subsidiaries 1,860,196 — — (1,860,196) —  Inventories — 1,834,897 — — 1,834,897  Mortgage loans held for sale — — 62,440 — 62,440  Prepaid expenses and other assets 6,835 91,457 1,953 — 100,245  Deferred tax assets, net 10,412 — — — 10,412  Property and equipment, net 13,153 18,982 692 — 32,827  Amortizable intangible assets, net — 5,205 — — 5,205  Goodwill — 30,620 — — 30,620  Total assets $ 1,906,268 $ 2,034,260 $ 88,742 $ (1,876,776) $ 2,152,494  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 17,084 $ 39,704 $ 406 $ (16,580) $ 40,614  Accrued expenses and other liabilities 31,215 156,939 2,151 — 190,305  Notes payable 775,462 11,993 — — 787,455  Revolving line of credit 236,000 — — — 236,000  Mortgage repurchase facilities — — 57,327 — 57,327  Total liabilities 1,059,761 208,636 59,884 (16,580) 1,311,701  Stockholders’ equity: 846,507 1,825,624 28,858 (1,860,196) 840,793  Total liabilities and stockholders’ equity $ 1,906,268 $ 2,034,260 $ 88,742 $ (1,876,776) $ 2,152,494       Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  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  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 September 30, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 552,876 $ — $ — $ 552,876  Land sales and other revenues — 1,131 — — 1,131  — 554,007 — — 554,007  Financial services revenue — — 7,722 — 7,722  Total revenues — 554,007 7,722 — 561,729  Homebuilding cost of revenues  Cost of homes sales revenues — (460,144) — — (460,144)  Cost of land sales and other revenues — (1,093) — — (1,093)  — (461,237) — — (461,237)  Financial services costs — — (6,056) — (6,056)  Selling, general and administrative (20,187) (50,788) — — (70,975)  Acquisition expense (58) — — — (58)  Equity in earnings from consolidated subsidiaries 32,282 — — (32,282) —  Other income (expense) 61 (606) — — (545)  Income before income tax expense 12,098 41,376 1,666 (32,282) 22,858  Income tax expense 4,950 (10,344) (416) — (5,810)  Net income $ 17,048 $ 31,032 $ 1,250 $ (32,282) $ 17,048         Supplemental Condensed Consolidated Statement of Operations  For the Three Months Ended September 30, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 374,935 $ — $ — $ 374,935  Land sales and other revenues — 1,826 — — 1,826  — 376,761 — — 376,761  Financial services revenue — — 2,955 — 2,955  Total revenues — 376,761 2,955 — 379,716  Homebuilding cost of revenues  Cost of homes sales revenues — (311,365) — — (311,365)  Cost of land sales and other revenues — (2,104) — — (2,104)  — (313,469) — — (313,469)  Financial services costs — — (2,450) — (2,450)  Selling, general and administrative (13,342) (32,823) — — (46,165)  Acquisition expense (7,205) — — — (7,205)  Equity in earnings of consolidated subsidiaries 20,470 — — (20,470) —  Equity in income from unconsolidated subsidiaries 3,716 — — — 3,716  Other income (expense) 495 518 — — 1,013  Income before income tax expense 4,134 30,987 505 (20,470) 15,156  Income tax expense 5,336 (10,845) (177) — (5,686)  Net income $ 9,470 $ 20,142 $ 328 $ (20,470) $ 9,470        Supplemental Condensed Consolidated Statement of Operations  For the Nine Months Ended September 30, 2018 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  CCS Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 1,469,871 $ — $ — $ 1,469,871  Land sales and other revenues — 4,304 — — 4,304  — 1,474,175 — — 1,474,175  Financial services revenue — — 21,292 — 21,292  Total revenues — 1,474,175 21,292 — 1,495,467  Homebuilding cost of revenues  Cost of homes sales revenues — (1,206,924) — — (1,206,924)  Cost of land sales and other revenues — (3,010) — — (3,010)  — (1,209,934) — — (1,209,934)  Financial services costs — — (15,836) — (15,836)  Selling, general and administrative (53,802) (137,328) — — (191,130)  Acquisition expense (395) — — — (395)  Equity in earnings from consolidated subsidiaries 97,688 — — (97,688) —  Equity in income of unconsolidated subsidiaries 14,849 — — — 14,849  Other income (expense) (194) (359) — — (553)  Income before income tax expense 58,146 126,554 5,456 (97,688) 92,468  Income tax expense 12,115 (32,904) (1,418) — (22,207)  Net income $ 70,261 $ 93,650 $ 4,038 $ (97,688) $ 70,261           Supplemental Condensed Consolidated Statement of Operations  For the Nine Months Ended September 30, 2017 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 888,942 $ — $ — $ 888,942  Land sales and other revenues — 6,216 — — 6,216  — 895,158 — — 895,158  Financial services revenue — — 4,697 — 4,697  Total revenues — 895,158 4,697 — 899,855  Homebuilding cost of revenues  Cost of homes sales revenues — (727,577) — — (727,577)  Cost of land sales and other revenues — (4,994) — — (4,994)  — (732,571) — — (732,571)  Financial services costs — — (4,648) — (4,648)  Selling, general and administrative (30,876) (82,721) — — (113,597)  Acquisition expense (8,645) — — — (8,645)  Equity in earnings from consolidated subsidiaries 52,869 — — (52,869) —  Equity in income of unconsolidated subsidiaries 7,648 — — — 7,648  Other income (expense) 852 1,386 36 — 2,274  Income before income tax expense 21,848 81,252 85 (52,869) 50,316  Income tax expense 11,252 (28,438) (30) — (17,216)  Net income $ 33,100 $ 52,814 $ 55 $ (52,869) $ 33,100 
Supplemental Condensed Consolidated Statement Of Cash Flows	    Supplemental Condensed Consolidated Statement of Cash Flows  For the Nine Months Ended September 30, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (71,743) $ (123,418) $ (5,256) $ (16,580) $ (216,997)  Net cash used in investing activities $ (153,607) $ (165,939) $ (159) $ 280,048 $ (39,657)  Financing activities  Borrowings under revolving credit facilities $ 520,000 $ — $ — $ — $ 520,000  Payments on revolving credit facilities (284,000) — — — (284,000)  Proceeds from insurance notes payable — 11,838 — — 11,838  Extinguishments of debt assumed in business combination (94,231) — — — (94,231)  Principal payments on notes payable (9) (2,164) — — (2,173)  Debt issuance costs (3,521) — — — (3,521)  Repurchases of common stock upon vesting of restricted stock awards (5,483) — — — (5,483)  Payments from (and advances to) parent/subsidiary 5,130 263,120 11,798 (280,048) —  Net proceeds from mortgage repurchase facilities — — 9,008 — 9,008  Net proceeds from issuances of common stock 31,230 — — — 31,230  Net cash provided by (used in) financing activities $ 169,116 $ 272,794 $ 20,806 $ (280,048) $ 182,668  Net increase (decrease) $ (56,234) $ (16,563) $ 15,391 $ (16,580) $ (73,986)  Cash and cash equivalents and Restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ — $ 11,481 $ 24,826 $ (16,580) $ 19,727   Cash and cash equivalents $ — $ 8,922 $ 23,585 $ (16,580) $ 15,927  Restricted Cash — 2,559 1,241 — 3,800  Cash and cash equivalents and Restricted cash $ — $ 11,481 $ 24,826 $ (16,580) $ 19,727     Supplemental Condensed Consolidated Statement of Cash Flows  For the Nine Months Ended September 30, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (8,164) $ (87,231) $ (30,014) $ — $ (125,409)  Net cash used in investing activities $ (434,617) $ (63,905) $ (467) $ 432,867 $ (66,122)  Financing activities  Borrowings under revolving credit facilities $ 75,000 $ — $ — $ — $ 75,000  Payments on revolving credit facilities (270,000) — — — (270,000)   Proceeds from issuance of senior notes 523,000 — — — 523,000   Extinguishments of debt assumed in business combination — (151,919) — — (151,919)  Principal payments on notes payable — (4,735) — — (4,735)  Debt issuance costs (3,731) — — — (3,731)  Repurchase of common stock upon vesting of restricted stock awards (4,141) — — — (4,141)  Payments from (and advances to) parent/subsidiary 108,887 320,768 3,212 (432,867) —  Net proceeds from mortgage repurchase facility — — 27,465 — 27,465  Net proceeds from issuances of common stock 35,010 — — — 35,010  Net cash provided by (used in) financing activities $ 464,025 $ 164,114 $ 30,677 $ (432,867) $ 225,949  Net increase (decrease) $ 21,244 $ 12,978 $ 196 $ — $ 34,418  Cash and cash equivalents and Restricted cash  Beginning of period $ 14,637 $ 10,150 $ 6,167 $ — $ 30,954  End of period $ 35,881 $ 23,128 $ 6,363 $ — $ 65,372   Cash and cash equivalents $ 35,881 $ 16,278 $ 6,363 $ — $ 58,522  Restricted Cash — 6,850 — — 6,850  Cash and cash equivalents and Restricted cash $ 35,881 $ 23,128 $ 6,363 $ — $ 65,372 

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) $ / shares in Units, shares in Thousands, $ in Thousands	Jun. 14, 2018USD ($)	Jan. 01, 2018USD ($)	Aug. 04, 2017USD ($)$ / sharesshares	Sep. 30, 2018USD ($)	Sep. 30, 2018USD ($)segment	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2017USD ($)	Nov. 30, 2016
Summary of Significant Accounting Policies [Line Items]
Number of operating segments | segment					5
Business combination net of acquired cash					$ 28,036	$ 77,457
Forfeited deposits				$ 500	900
Other income, land sales to third parties				800	7,700
Cost of land dispositions				600	7,800
Deferred revenue, related to unsatisfied performance obligations				100	1,800
Deferred costs, related to unsatisfied performance obligations				100	1,700
Reclassification of costs from inventory to property and equipment		$ 2,300
Decrease retained earnings		$ 600
Earnest money deposits				$ 18,988	$ 18,988		$ 14,077
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
Business combination, purchase price			$ 107,737
Sundquist Homes [Member]
Summary of Significant Accounting Policies [Line Items]
Purchase price								$ 50,203
Wade Jurney Homes [Member]
Summary of Significant Accounting Policies [Line Items]
Purchase price	$ 73,125
Ownership interest	50.00%								50.00%
Business combination, purchase price	$ 37,500
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 | $ / shares			$ 5.32
Century Common Stock [Member] | UCP, Inc [Member]
Summary of Significant Accounting Policies [Line Items]
Shares issued in connection to merger | shares			4,176

Reporting Segments (Schedule Of

Reporting Segments (Schedule Of Total Revenue And Pretax Income By Segment) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)state	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)statesegmentregion	Sep. 30, 2017USD ($)
Segment Reporting Information [Line Items]
Number of operating states | state	15		15
Number of operating segments | segment			5
Total revenue	$ 561,729	$ 379,716	$ 1,495,467	$ 899,855
Total income before income tax expense	22,858	15,156	92,468	50,316
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	105,949	73,684	354,087	73,684
Total income before income tax expense	7,478	5,259	29,494	5,259
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	162,912	157,224	488,928	443,526
Total income before income tax expense	18,753	19,101	61,995	56,137
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	56,220	36,757	157,793	111,997
Total income before income tax expense	3,539	2,166	10,319	6,407
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	141,458	109,096	360,653	265,951
Total income before income tax expense	$ 10,401	6,001	$ 24,106	16,609
Wade Jurney Homes [Member]
Segment Reporting Information [Line Items]
Number of operating states | state	8		8
Number of operating regions | region			4
Wade Jurney Homes [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	$ 87,468		$ 112,714
Total income before income tax expense	451		265
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue	7,722	2,955	21,292	4,697
Total income before income tax expense	1,666	505	5,456	(192)
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total income before income tax expense	$ (19,430)	$ (17,876)	$ (39,167)	$ (33,904)

Reporting Segments (Schedule _2

Reporting Segments (Schedule Of Total Assets By Segment) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total assets	$ 2,152,494	$ 1,735,022
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	479,280	394,215
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	639,811	571,880
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	216,851	192,078
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	468,144	401,618
Wade Jurney Homes [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	178,511
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	89,238	63,137
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	$ 80,659	$ 112,094

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) $ / shares in Units, shares in Thousands, $ in Thousands	Jun. 14, 2018USD ($)	Aug. 17, 2017USD ($)	Aug. 04, 2017USD ($)item$ / sharesshares	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Oct. 31, 2017USD ($)	Nov. 30, 2016
Business Combinations [Line Items]
Total cash consideration						$ 28,036	$ 77,457
Acquisition expense				$ 58	$ 7,205	395	8,645
Proceeds from sale of BMCH South Carolina, LLC operations							17,074
Equity in income of unconsolidated subsidiaries					3,716	14,849	7,648
Revenues				561,729	379,716	1,495,467	899,855
Income before income tax expense				22,858	$ 15,156	92,468	$ 50,316
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
Fractional shares | shares			0
Total fair value of awards			$ 6,200
Total fair value of award attribute to services performed by UCP			1,149
Expense related to refinements of estimated fair value of inventories						1,500
Acquisition expense			9,600
Total consideration in cash and equity			$ 209,036
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
Goodwill amount expected to be tax deductible				$ 5,400		$ 5,400
Business combination, purchase price			$ 107,737
UCP, Inc [Member] | Minimum [Member]
Business Combinations [Line Items]
Market gross margin				6.00%		6.00%
UCP, Inc [Member] | Maximum [Member]
Business Combinations [Line Items]
Market gross margin				20.00%		20.00%
UCP, Inc [Member] | Restricted Stock Units [Member]
Business Combinations [Line Items]
Conversion of stock, shares | shares			200
Sundquist Homes [Member]
Business Combinations [Line Items]
Total consideration in cash and equity								$ 50,203
Goodwill amount expected to be tax deductible				$ 4,800		$ 4,800
Sundquist Homes [Member] | Minimum [Member]
Business Combinations [Line Items]
Market gross margin				6.00%		6.00%
Sundquist Homes [Member] | Maximum [Member]
Business Combinations [Line Items]
Market gross margin				20.00%		20.00%
Wade Jurney Homes [Member]
Business Combinations [Line Items]
Cash acquired from business acquisition	$ 9,464
Total consideration in cash and equity	$ 73,125
Ownership interest	50.00%								50.00%
Business combination, purchase price	$ 37,500
Previously held equity interest	35,625
Estimated discount for lack of control						$ 1,900
Equity in income of unconsolidated subsidiaries						7,200
Income before income tax expense				$ 500		300
Wade Jurney Homes [Member] | Home Building [Member]
Business Combinations [Line Items]
Revenues				$ 87,500		$ 112,700
Wade Jurney Homes [Member]
Business Combinations [Line Items]
Ownership interest				100.00%		100.00%
Trade Names [Member] | Wade Jurney Homes [Member]
Business Combinations [Line Items]
Estimated fair value	$ 3,000
Amortization period	10 years
Non-Compete Agreements [Member] | Wade Jurney Homes [Member]
Business Combinations [Line Items]
Estimated fair value	$ 400
Amortization period	2 years
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) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Aug. 04, 2017	Sep. 30, 2018	Sep. 30, 2017
Total cash consideration		$ 28,036	$ 77,457
UCP, Inc [Member]
UCP Shares (including noncontrolling interest)	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
Exchange ratio	0.2309%
Closing price of CCS common stock	$ 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
Century Common Stock [Member] | UCP, Inc [Member]
Number of CCS shares issued	4,176

Business Combinations (Schedule

Business Combinations (Schedule Of Total Consideration Transferred) (Details) - Wade Jurney Homes [Member] $ in Thousands	Jun. 14, 2018USD ($)
Business Acquisition [Line Items]
Cash consideration transferred for 50% ownership interest	$ 37,500
Previously held equity interest acquisition date fair value	35,625
Net assets acquired	$ 73,125

Business Combinations (Schedu_2

Business Combinations (Schedule Of Fair Values Of Assets Acquired And Liabilities Assumed) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 14, 2018	Dec. 31, 2017	Oct. 31, 2017	Aug. 04, 2017
Assets acquired and liabilities assumed
Goodwill	$ 30,620		$ 27,363
UCP, Inc [Member]
Assets acquired and liabilities assumed
Cash and cash equivalents					$ 20,264
Accounts receivable					7,897
Inventories					390,234
Prepaid expenses and other assets					6,988
Property and equipment, net					717
Deferred tax asset, net					11,984
Goodwill					5,713
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 Homes [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
Wade Jurney Homes [Member]
Assets acquired and liabilities assumed
Cash and cash equivalents		$ 9,464
Cash held in escrow		260
Accounts receivable		1,042
Inventories		156,828
Prepaid expenses and other assets		7,710
Amortizable intangible assets		3,375
Goodwill		3,542
Total assets		182,221
Accounts payable		12,516
Accrued expenses and other liabilities		2,349
Senior notes and revolving line of credit		94,231
Total liabilities		109,096
Purchase price/Net equity		$ 73,125

Business Combinations (Schedu_3

Business Combinations (Schedule Of Pro Forma Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Wade Jurney Homes [Member]
Business Acquisition [Line Items]
Total revenues		$ 1,645,858
Income before tax expense		87,092
Tax expense		(21,773)
Net income		65,319
Less: Undistributed earnings allocated to participating securities		(54)
Numerator for basic and diluted pro forma EPS		$ 65,265
Pro forma weighted average shares-basic		29,885,858
Pro forma weighted average shares-diluted		30,189,058
Pro forma basic EPS		$ 2.18
Pro forma diluted EPS		$ 2.16
UCP, Sundquist Homes, And WJH [Member]
Business Acquisition [Line Items]
Total revenues	$ 507,008		$ 1,373,689
Income before tax expense	30,107		91,445
Tax expense	(9,390)		(23,496)
Net income	20,717		67,949
Less: Undistributed earnings allocated to participating securities	(108)		(520)
Numerator for basic and diluted pro forma EPS	$ 20,609		$ 67,429
Pro forma weighted average shares-basic	27,034,192		26,342,362
Pro forma weighted average shares-diluted	27,314,777		26,579,292
Pro forma basic EPS	$ 0.76		$ 2.56
Pro forma diluted EPS	$ 0.75		$ 2.54

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Inventories [Abstract]
Homes under construction	$ 1,158,072		$ 869,554
Land and land development	625,253		479,038
Capitalized interest	51,572	$ 47,797	41,762	$ 40,212	$ 35,668	$ 28,935
Total inventories	$ 1,834,897		$ 1,390,354

Financial Services (Narrative)

Financial Services (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Financial Services [Line Items]
Mortgage loans in process	$ 30,500	$ 10,000
Mortgage loans held for sale	62,440	$ 52,327
Mortgage loans held for sale aggregate outstanding principal balance	$ 60,000
Weighted Average [Member]
Financial Services [Line Items]
Interest rate	4.80%	4.20%

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets (Schedule Of Prepaid Expenses And Other Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Prepaid Expenses and Other Assets [Abstract]
Prepaid insurance	$ 21,238	$ 6,549
Lot option and escrow deposits	53,213	35,700
Performance deposits	4,177	3,295
Deferred financing costs revolving line of credit, net	4,440	1,795
Restricted cash	3,800	4,881
Secured notes receivable	4,885	2,753
Other	8,492	5,839
Total prepaid expenses and other assets	$ 100,245	$ 60,812

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities (Schedule Of Accrued Expenses And Other Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Accrued Expenses and Other Liabilities [Abstract]
Earnest money deposits	$ 18,988		$ 14,077
Warranty reserve	10,272	$ 10,269	8,531	$ 8,850	$ 3,057	$ 2,479
Accrued compensation costs	25,892		22,129
Land development and home construction accruals	96,763		61,918
Liability for product financing arrangement	13,326		19,751
Accrued interest	16,060		14,435
Income taxes payable			851
Other	9,004		8,664
Total accrued expenses and other liabilities	$ 190,305		$ 150,356

Warranties (Schedule Of Changes

Warranties (Schedule Of Changes In Warranty Accrual) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Warranties [Abstract]
Beginning balance	$ 10,269	$ 3,057	$ 8,531	$ 2,479
Warranty reserves assumed in business combination		6,202	397	6,202
Warranty expense provisions	1,568	1,245	4,789	2,827
Payments	(968)	(710)	(2,688)	(1,458)
Warranty adjustment	(597)	(944)	(757)	(1,200)
Ending balance	$ 10,272	$ 8,850	$ 10,272	$ 8,850
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 ($)	Jun. 05, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jun. 28, 2018	May 04, 2018	May 03, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Line of credit facility, outstanding amount		$ 236,000,000		$ 236,000,000
Mortgage repurchase facilities		57,327,000		57,327,000					$ 48,319,000
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Maturity date	Apr. 30, 2022
Line of credit facility. maximum borrowing capacity	$ 540,000,000	354,000,000		354,000,000
Line of credit facility, outstanding amount		236,000,000		236,000,000
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Maximum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Uncommitted option to increase credit facility	$ 100,000,000
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Eurodollar Rate [Member] | Maximum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	3.10%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Eurodollar Rate [Member] | Minimum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	2.60%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Base Rate [Member] | Maximum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	2.10%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Base Rate [Member] | Minimum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.60%
Revolving Credit Facility [Member] | Joinder Agreement [Member]
Debt Instrument [Line Items]
Line of credit facility, current borrowing capacity						$ 590,000,000
Accordion feature, exercising						50,000,000
Accordion feature						$ 100,000,000
Revolving Mortgage Loan Repurchase Facility [Member] | Master Repurchase Agreement [Member] | Comerica Bank [Member] | Financial Services [Member]
Debt Instrument [Line Items]
Incurred interest expense		400,000	$ 100,000	800,000	$ 100,000
Revolving Mortgage Loan Repurchase Facility [Member] | Second Master Repurchase Agreement [Member] | Maximum [Member] | Inspire [Member] | Comerica Bank [Member]
Debt Instrument [Line Items]
Principal amount								$ 35,000,000
Revolving Mortgage Loan Repurchase Facility [Member] | Third Master Repurchase Agreement [Member] | Maximum [Member] | Inspire [Member] | Comerica Bank [Member]
Debt Instrument [Line Items]
Principal amount							$ 40,000,000
Revolving Mortgage Loan Repurchase Facility [Member] | Second Master Repurchase Agreement And Third Master Repurchase Agreement [Member] | Inspire [Member] | Comerica Bank [Member]
Debt Instrument [Line Items]
Mortgage repurchase facilities		$ 57,300,000		$ 57,300,000
Revolving Mortgage Loan Repurchase Facility [Member] | Second Master Repurchase Agreement And Third Master Repurchase Agreement [Member] | Maximum [Member] | Inspire [Member] | Comerica Bank [Member]
Debt Instrument [Line Items]
Principal amount							$ 75,000,000

Debt (Schedule Of Outstanding D

Debt (Schedule Of Outstanding Debt Obligations) (Details) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Debt [Abstract]
6.875% senior notes, due May 2022	[1]	$ 380,224	$ 379,238
5.875% senior notes, due July 2025	[1]	395,238	394,725
3.278% insurance premium notes, due June 2019		9,673
Other financing obligations		2,320	2,320
Notes payable		787,455	776,283
Revolving line of credit, due April 2022		236,000
Mortgage repurchase facilities		57,327	48,319
Total debt (Carrying amount)		$ 1,080,782	$ 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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest [Abstract]
Interest capitalized beginning of period	$ 47,797	$ 35,668	$ 41,762	$ 28,935
Interest capitalized during period	16,109	13,338	43,387	31,902
Less: capitalized interest in cost of sales	(12,334)	(8,794)	(33,577)	(20,625)
Interest capitalized end of period	$ 51,572	$ 40,212	$ 51,572	$ 40,212

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 22, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Examination [Line Items]
Effective tax rate		26.60%		26.60%		35.00%
Blended state and federal statutary rate				24.90%
Increased (decreased) in effective tax rate		1.20%		2.60%
Percentage of benefit to effective tax rate related to federal energy credits				1.70%
Percentage of benefit for excess tax benefits for stock-based compensation				1.70%
Increased (decreased) rate related to measurement period adjustments under SAB 118				(1.30%)
Income tax provision		$ 500		$ 1,200
Increased to effective tax rate				1.70%
Income tax expense		$ 5,810	$ 5,686	$ 22,207	$ 17,216
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%
Wade Jurney Homes [Member]
Income Tax Examination [Line Items]
Increased (decreased) in effective tax rate				2.10%

Fair Value Disclosures (Schedul

Fair Value Disclosures (Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale		$ 62,440	$ 52,327
Level 2 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	4,885	2,753
Mortgage loans held for sale	[2]	62,440	52,327
6.875% senior notes	[3]	380,224	379,238
5.875% senior notes	[3]	395,238	394,725
3.278 insurance premium notes	[4]	9,673
Other financing obligation	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	57,327	48,319
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	4,885	2,727
Mortgage loans held for sale	[2]	62,440	52,327
6.875% senior notes	[3]	385,528	397,044
5.875% senior notes	[3]	368,238	400,225
3.278 insurance premium notes	[4]	9,673
Other financing obligation	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	57,327	$ 48,319
Level 3 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving line of credit	[4]	236,000
Level 3 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving line of credit	[4]	$ 236,000
[1]	Estimated fair value of the secured notes receivable 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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 3.8	$ 2.6	$ 10.1	$ 6.5
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted			0.3
Grant date fair value			$ 28.10
Awards vesting period			3 years
Performance Share Units [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance target range			0.00%
Performance Share Units [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance target range			250.00%
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted			0.3
Grant date fair value			$ 30.43
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
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding	0		0

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Outstanding Restricted Stock Awards And Units) (Details) - Restricted Stock Units [Member] shares in Thousands, $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested awards/units | shares	863
Unrecognized compensation cost | $	$ 13,241
Period to recognize compensation cost	1 year 8 months 12 days

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 03, 2018	Aug. 09, 2017	Nov. 07, 2016	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Class of Stock [Line Items]
Common stock shares authorized				100,000,000		100,000,000		100,000,000
Common stock, par value				$ 0.01		$ 0.01		$ 0.01
Preferred stock shares authorized				50,000,000		50,000,000		50,000,000
Preferred stock, par value				$ 0.01		$ 0.01		$ 0.01
Common stock shares issued				30,758,852		30,758,852		29,502,624
Common stock shares outstanding				30,758,852		30,758,852		29,502,624
Common stock shares issued related to vesting of restricted stock awards				39,600		300,000
Net proceeds from issuances of common stock						$ 31,230	$ 35,010
2017 Incentive Plan [Member]
Class of Stock [Line Items]
Common stock shares for stock award, available for issuance				1,000,000		1,000,000
First Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price			$ 50,000
Second Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price		$ 100,000
Net proceeds from issuances of common stock				$ 17,100
Third Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price	$ 100,000
Second And Third Distribution Agreements [Member]
Class of Stock [Line Items]
Common stock shares sold and issued				600,000		1,100,000
Net proceeds from issuances of common stock				$ 17,100		$ 31,700
Comissions and fees paid to Sales Agents				$ 300		$ 600
First And Second Distribution Agreements [Member]
Class of Stock [Line Items]
Common stock shares sold and issued					400,000		1,400,000
Net proceeds from issuances of common stock					$ 10,000		$ 34,600
Comissions and fees paid to Sales Agents					$ 200		$ 700

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Anti-dilutive shares related to PSU's granted	0.3	0	0.3	0

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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Numerator
Net income	$ 17,048	$ 9,470	$ 70,261	$ 33,100
Less: Undistributed earnings allocated to participating securities		(52)	(58)	(289)
Net income allocable to common stockholders	$ 17,048	$ 9,418	$ 70,203	$ 32,811
Denominator
Weighted average common shares outstanding - basic	30,232,376	25,445,552	29,885,858	23,038,390
Dilutive effect of restricted stock units	322,505	280,585	303,200	236,930
Weighted average common shares outstanding - diluted	30,554,881	25,726,137	30,189,058	23,275,320
Earnings per share:
Basic	$ 0.56	$ 0.37	$ 2.35	$ 1.42
Diluted	$ 0.56	$ 0.37	$ 2.33	$ 1.41

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Commitments and Contingencies [Abstract]
Outstanding letters of credit and performance bonds	$ 296.9	$ 158.6

Supplemental Guarantor Inform_3

Supplemental Guarantor Information (Narrative) (Details)	Sep. 30, 2018
Senior Notes Due 2022 [Member]
Debt Instrument [Line Items]
Interest rate	6.875%
Senior Notes Due 2025 [Member]
Debt Instrument [Line Items]
Interest rate	5.875%

Supplemental Guarantor Inform_4

Supplemental Guarantor Information (Supplemental Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Assets
Cash and cash equivalents	$ 15,927	$ 88,832	$ 58,522
Cash held in escrow	31,906	37,723
Accounts receivable	28,015	12,999
Inventories	1,834,897	1,390,354
Mortgage loans held for sale	62,440	52,327
Prepaid expenses and other assets	100,245	60,812
Deferred tax assets, net	10,412	5,555
Property and equipment, net	32,827	27,911
Investment in unconsolidated subsidiaries		28,208
Amortizable intangible assets, net	5,205	2,938
Goodwill	30,620	27,363
Total assets	2,152,494	1,735,022
Liabilities:
Accounts payable	40,614	24,831
Accrued expenses and other liabilities	190,305	150,356
Notes payable	787,455	776,283
Revolving line of credit	236,000
Mortgage repurchase facilities	57,327	48,319
Total liabilities	1,311,701	999,789
Stockholders' equity:	840,793	735,233
Total liabilities and stockholders' equity	2,152,494	1,735,022
Century [Member]
Assets
Cash and cash equivalents		56,234	35,881
Accounts receivable	15,672	3,124
Investment in consolidated subsidiaries	1,860,196	1,434,619
Prepaid expenses and other assets	6,835	3,028
Deferred tax assets, net	10,412	5,555
Property and equipment, net	13,153	11,694
Investment in unconsolidated subsidiaries		28,208
Total assets	1,906,268	1,542,462
Liabilities:
Accounts payable	17,084	1,452
Accrued expenses and other liabilities	31,215	31,814
Notes payable	775,462	773,963
Revolving line of credit	236,000
Total liabilities	1,059,761	807,229
Stockholders' equity:	846,507	735,233
Total liabilities and stockholders' equity	1,906,268	1,542,462
Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	8,922	23,399	16,278
Cash held in escrow	31,906	37,088
Accounts receivable	12,271	9,944
Inventories	1,834,897	1,390,354
Prepaid expenses and other assets	91,457	57,273
Property and equipment, net	18,982	15,683
Amortizable intangible assets, net	5,205	2,938
Goodwill	30,620	27,363
Total assets	2,034,260	1,564,042
Liabilities:
Accounts payable	39,704	23,057
Accrued expenses and other liabilities	156,939	117,070
Notes payable	11,993	2,320
Total liabilities	208,636	142,447
Stockholders' equity:	1,825,624	1,421,595
Total liabilities and stockholders' equity	2,034,260	1,564,042
Non Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	23,585	9,199	$ 6,363
Cash held in escrow		635
Accounts receivable	72	(69)
Mortgage loans held for sale	62,440	52,327
Prepaid expenses and other assets	1,953	511
Property and equipment, net	692	534
Total assets	88,742	63,137
Liabilities:
Accounts payable	406	322
Accrued expenses and other liabilities	2,151	1,472
Mortgage repurchase facilities	57,327	48,319
Total liabilities	59,884	50,113
Stockholders' equity:	28,858	13,024
Total liabilities and stockholders' equity	88,742	63,137
Elimination Entries [Member]
Assets
Cash and cash equivalents	(16,580)
Investment in consolidated subsidiaries	(1,860,196)	(1,434,619)
Total assets	(1,876,776)	(1,434,619)
Liabilities:
Accounts payable	(16,580)
Total liabilities	(16,580)
Stockholders' equity:	(1,860,196)	(1,434,619)
Total liabilities and stockholders' equity	$ (1,876,776)	$ (1,434,619)

Supplemental Guarantor Inform_5

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues
Total revenues	$ 561,729	$ 379,716	$ 1,495,467	$ 899,855
Selling, general, and administrative	(70,975)	(46,165)	(191,130)	(113,597)
Acquisition expense	(58)	(7,205)	(395)	(8,645)
Equity in income of unconsolidated subsidiaries		3,716	14,849	7,648
Other income (expense)	(545)	1,013	(553)	2,274
Income before income tax expense	22,858	15,156	92,468	50,316
Income tax expense	(5,810)	(5,686)	(22,207)	(17,216)
Net income	17,048	9,470	70,261	33,100
Century [Member]
Revenues
Selling, general, and administrative	(20,187)	(13,342)	(53,802)	(30,876)
Acquisition expense	(58)	(7,205)	(395)	(8,645)
Equity in earnings from consolidated subsidiaries	32,282	20,470	97,688	52,869
Equity in income of unconsolidated subsidiaries		3,716	14,849	7,648
Other income (expense)	61	495	(194)	852
Income before income tax expense	12,098	4,134	58,146	21,848
Income tax expense	4,950	5,336	12,115	11,252
Net income	17,048	9,470	70,261	33,100
Guarantor Subsidiaries [Member]
Revenues
Total revenues	554,007	376,761	1,474,175	895,158
Selling, general, and administrative	(50,788)	(32,823)	(137,328)	(82,721)
Other income (expense)	(606)	518	(359)	1,386
Income before income tax expense	41,376	30,987	126,554	81,252
Income tax expense	(10,344)	(10,845)	(32,904)	(28,438)
Net income	31,032	20,142	93,650	52,814
Non Guarantor Subsidiaries [Member]
Revenues
Total revenues	7,722	2,955	21,292	4,697
Other income (expense)				36
Income before income tax expense	1,666	505	5,456	85
Income tax expense	(416)	(177)	(1,418)	(30)
Net income	1,250	328	4,038	55
Elimination Entries [Member]
Revenues
Equity in earnings from consolidated subsidiaries	(32,282)	(20,470)	(97,688)	(52,869)
Income before income tax expense	(32,282)	(20,470)	(97,688)	(52,869)
Net income	(32,282)	(20,470)	(97,688)	(52,869)
Home Sales [Member]
Revenues
Total revenues	552,876	374,935	1,469,871	888,942
Cost of revenues	(460,144)	(311,365)	(1,206,924)	(727,577)
Home Sales [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	552,876	374,935	1,469,871	888,942
Cost of revenues	(460,144)	(311,365)	(1,206,924)	(727,577)
Land Sales And Other [Member]
Revenues
Total revenues	1,131	1,826	4,304	6,216
Cost of revenues	(1,093)	(2,104)	(3,010)	(4,994)
Land Sales And Other [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	1,131	1,826	4,304	6,216
Cost of revenues	(1,093)	(2,104)	(3,010)	(4,994)
Homebuilding [Member]
Revenues
Total revenues	554,007	376,761	1,474,175	895,158
Cost of revenues	(461,237)	(313,469)	(1,209,934)	(732,571)
Homebuilding [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues	554,007	376,761	1,474,175	895,158
Cost of revenues	(461,237)	(313,469)	(1,209,934)	(732,571)
Financial Services [Member]
Revenues
Total revenues	7,722	2,955	21,292	4,697
Cost of revenues	(6,056)	(2,450)	(15,836)	(4,648)
Financial Services [Member] | Non Guarantor Subsidiaries [Member]
Revenues
Total revenues	7,722	2,955	21,292	4,697
Cost of revenues	$ (6,056)	$ (2,450)	$ (15,836)	$ (4,648)

Supplemental Guarantor Inform_6

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Cash Flows) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	$ (216,997)	$ (125,409)
Net cash used in investing activities	(39,657)	(66,122)
Financing activities
Borrowings under revolving credit facilities	520,000	75,000
Payments on revolving credit facilities	(284,000)	(270,000)
Proceeds from insurance notes payable	11,838
Extinguishments of debt assumed in business combination	(94,231)	(151,919)
Principal payments on notes payable	(2,173)	(4,735)
Proceeds from issuance of senior notes		523,000
Debt issuance costs	(3,521)	(3,731)
Repurchases of common stock upon vesting of restricted stock awards	(5,483)	(4,141)
Net proceeds from mortgage repurchase facilities	9,008	27,465
Net proceeds from issuances of common stock	31,230	35,010
Net cash provided by (used in) financing activities	182,668	225,949
Net increase (decrease)	(73,986)	34,418
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,954
Cash and cash equivalents and Restricted cash, End of period	19,727	65,372
Cash and cash equivalents	15,927	58,522	$ 88,832
Restricted Cash	3,800	6,850
Elimination Entries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(16,580)
Net cash used in investing activities	280,048	432,867
Financing activities
Payments from (and advances to) parent/subsidiary	(280,048)	(432,867)
Net cash provided by (used in) financing activities	(280,048)	(432,867)
Net increase (decrease)	(16,580)
Cash and cash equivalents and Restricted cash, End of period	(16,580)
Cash and cash equivalents	(16,580)
Century [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(71,743)	(8,164)
Net cash used in investing activities	(153,607)	(434,617)
Financing activities
Borrowings under revolving credit facilities	520,000	75,000
Payments on revolving credit facilities	(284,000)	(270,000)
Extinguishments of debt assumed in business combination	(94,231)
Principal payments on notes payable	(9)
Proceeds from issuance of senior notes		523,000
Debt issuance costs	(3,521)	(3,731)
Repurchases of common stock upon vesting of restricted stock awards	(5,483)	(4,141)
Payments from (and advances to) parent/subsidiary	5,130	108,887
Net proceeds from issuances of common stock	31,230	35,010
Net cash provided by (used in) financing activities	169,116	464,025
Net increase (decrease)	(56,234)	21,244
Cash and cash equivalents and Restricted cash, Beginning of period	56,234	14,637
Cash and cash equivalents and Restricted cash, End of period		35,881
Cash and cash equivalents		35,881	56,234
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(123,418)	(87,231)
Net cash used in investing activities	(165,939)	(63,905)
Financing activities
Proceeds from insurance notes payable	11,838
Extinguishments of debt assumed in business combination		(151,919)
Principal payments on notes payable	(2,164)	(4,735)
Payments from (and advances to) parent/subsidiary	263,120	320,768
Net cash provided by (used in) financing activities	272,794	164,114
Net increase (decrease)	(16,563)	12,978
Cash and cash equivalents and Restricted cash, Beginning of period	28,044	10,150
Cash and cash equivalents and Restricted cash, End of period	11,481	23,128
Cash and cash equivalents	8,922	16,278	23,399
Restricted Cash	2,559	6,850
Non Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(5,256)	(30,014)
Net cash used in investing activities	(159)	(467)
Financing activities
Payments from (and advances to) parent/subsidiary	11,798	3,212
Net proceeds from mortgage repurchase facilities	9,008	27,465
Net cash provided by (used in) financing activities	20,806	30,677
Net increase (decrease)	15,391	196
Cash and cash equivalents and Restricted cash, Beginning of period	9,435	6,167
Cash and cash equivalents and Restricted cash, End of period	24,826	6,363
Cash and cash equivalents	23,585	$ 6,363	$ 9,199
Restricted Cash	$ 1,241

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details)	Nov. 06, 2018shares
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Number of shares authorized to be repurchased	4,500,000