Century Communities (CCS) 10-K 13 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Feb. 06, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Century Communities, Inc.
Entity Filer Category	Large Accelerated Filer
Entity Central Index Key	1,576,940
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Document Type	10-K
Trading Symbol	ccs
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Public Float			$ 821.2
Entity Common Stock, Shares Outstanding		30,077,486

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 32,902	$ 88,832
Cash held in escrow	24,344	37,723
Accounts receivable	13,464	12,999
Inventories	1,848,243	1,390,354
Mortgage loans held for sale	114,074	52,327
Prepaid expenses and other assets	138,717	60,812
Property and equipment, net	33,258	27,911
Investment in unconsolidated subsidiaries		28,208
Deferred tax assets, net	13,763	5,555
Amortizable intangible assets, net	5,095	2,938
Goodwill	30,395	27,363
Total assets	2,254,255	1,735,022
Liabilities:
Accounts payable	89,907	24,831
Accrued expenses and other liabilities	213,157	150,356
Notes payable	784,777	776,283
Revolving line of credit	202,500
Mortgage repurchase facilities	104,555	48,319
Total liabilities	1,394,896	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, 30,154,791 and 29,502,624 shares issued and outstanding at December 30, 2018 and December 31, 2017, respectively	302	295
Additional paid-in capital	595,037	566,790
Retained earnings	264,020	168,148
Total stockholders' equity	859,359	735,233
Total liabilities and stockholders' equity	$ 2,254,255	$ 1,735,022

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
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	30,154,791	29,502,624
Common stock shares outstanding	30,154,791	29,502,624

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended								5 Months Ended	12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 14, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues
Total revenues										$ 2,147,413	$ 1,423,799	$ 994,440
Cost of revenues
Selling, general and administrative										(263,981)	(176,304)	(122,224)
Acquisition expense										(437)	(9,905)	(490)
Equity in income of unconsolidated subsidiaries									$ 14,800	14,849	12,176	191
Other income (expense)										(905)	2,937	1,576
Income before income tax expense	$ 36,062	$ 22,859	$ 46,502	$ 23,107	$ 33,848	$ 15,156	$ 23,109	$ 12,051		128,530	84,164	73,149
Income tax expense										(32,075)	(33,869)	(23,609)
Net income	$ 26,195	$ 17,048	$ 33,193	$ 20,019	$ 17,195	$ 9,470	$ 14,831	$ 8,799		$ 96,455	$ 50,295	$ 49,540
Earnings per share:
Basic	$ 0.85	$ 0.56	$ 1.11	$ 0.68	$ 0.61	$ 0.37	$ 0.67	$ 0.40		$ 3.20	$ 2.06	$ 2.34
Diluted	$ 0.85	$ 0.56	$ 1.10	$ 0.67	$ 0.60	$ 0.37	$ 0.66	$ 0.40		$ 3.17	$ 2.03	$ 2.33
Weighted average common shares outstanding:
Basic										30,084,913	24,280,871	20,679,189
Diluted										30,391,346	24,555,509	20,791,937
Home Sales [Member]
Revenues
Total revenues	$ 640,187	$ 552,876	$ 522,164	$ 394,831	$ 516,500	$ 374,935	$ 287,588	$ 226,420		$ 2,110,058	$ 1,405,443	$ 978,733
Cost of revenues
Cost of revenues										(1,741,619)	(1,153,359)	(786,127)
Land Sales And Other [Member]
Revenues
Total revenues										5,631	8,503	15,707
Cost of revenues
Cost of revenues										(3,832)	(6,516)	(14,217)
Homebuilding [Member]
Revenues
Total revenues										2,115,689	1,413,946	994,440
Cost of revenues
Cost of revenues										(1,745,451)	(1,159,875)	$ (800,344)
Financial Services [Member]
Revenues
Total revenues										31,724	9,853
Cost of revenues
Cost of revenues										$ (22,958)	$ (8,664)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Paid-In Capital [Member]	Retained Earnings [Member]	Total
Beginning balance at Dec. 31, 2015	$ 213	$ 340,953	$ 68,313	$ 409,479
Beginning balance (in shares) at Dec. 31, 2015	21,304
Issuance of common stock	$ 6	11,363		11,369
Issuance of common stock, shares	578
Repurchase of common stock	$ (2)	(2,391)		(2,393)
Repurchase of common stock, shares	(159)
Repurchase of common stock upon vesting of restricted stock awards	$ (1)	(1,015)		(1,016)
Repurchase of common stock upon vesting of restricted stock awards, shares	(60)
Stock-based compensation expense		6,657		6,657
Forfeitures of restricted stock awards, shares	(42)
Net income			49,540	49,540
Ending balance at Dec. 31, 2016	$ 216	355,567	117,853	473,636
Ending balance (in shares) at Dec. 31, 2016	21,621
Issuance of common stock	$ 39	97,301		97,340
Issuance of common stock, shares	3,897
Issuance of common stock in connection with business combination	$ 42	107,737		107,779
Issuance of common stock in connection with business combination, shares	4,176
Replacement award value in connection with business combination		1,149		1,149
Repurchase of common stock upon vesting of restricted stock awards	$ (2)	(4,506)		(4,508)
Repurchase of common stock upon vesting of restricted stock awards, shares	(189)
Stock-based compensation expense		9,542		9,542
Forfeitures of restricted stock awards, shares	(2)
Net income			50,295	50,295
Ending balance at Dec. 31, 2017	$ 295	566,790	168,148	735,233
Ending balance (in shares) at Dec. 31, 2017	29,503
Issuance of common stock	$ 14	30,933		30,947
Issuance of common stock, shares	1,439
Repurchase of common stock	$ (6)	(10,946)		(10,952)
Repurchase of common stock, shares	(604)
Repurchase of common stock upon vesting of restricted stock awards	$ (1)	(5,483)		(5,484)
Repurchase of common stock upon vesting of restricted stock awards, shares	(183)
Stock-based compensation expense		13,743		13,743
Net income			96,455	96,455
Ending balance at Dec. 31, 2018	$ 302	$ 595,037	264,020	859,359
Ending balance (in shares) at Dec. 31, 2018	30,155
Adoption of ASC 606			$ (583)	$ (583)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Operating activities
Net income	$ 96,455	$ 50,295	$ 49,540
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	12,031	6,973	5,580
Stock-based compensation expense	13,743	9,542	6,657
Deferred income taxes	(4,155)	674	1,507
Distributions from unconsolidated subsidiaries	7,432	5,243
Equity in income of unconsolidated subsidiaries	(14,849)	(12,176)	(191)
(Gain) loss on disposition of assets	1,979	577	(446)
Changes in assets and liabilities:
Cash held in escrow	13,640	(17,679)	(8,227)
Accounts receivable	1,227	(166)	(488)
Inventories	(284,977)	(83,380)	(91,859)
Prepaid expenses and other assets	(27,255)	(16,583)	(12,275)
Accounts payable	52,560	(3,670)	4,657
Accrued expenses and other liabilities	(1,662)	1,405	854
Mortgage loans held for sale	(61,747)	(52,327)
Net cash used in operating activities	(195,578)	(111,272)	(44,691)
Investing activities
Purchases of property and equipment	(15,803)	(17,627)	(7,762)
Business combinations, net of acquired cash	(28,036)	(130,047)
Proceeds from sale of South Carolina operations		17,074
Investment in unconsolidated subsidiaries		(4,000)	(17,000)
Other investing activities	303	154	1,561
Net cash used in investing activities	(43,536)	(134,446)	(23,201)
Financing activities
Borrowings under revolving credit facilities	721,000	175,000	220,000
Payments on revolving credit facilities	(518,500)	(370,000)	(160,000)
Proceeds from issuance of senior notes		527,500
Proceeds from insurance notes payable	11,839	2,320	11,612
Extinguishments of debt assumed in business combination	(94,231)	(151,919)
Principal payments on notes payable	(5,371)	(6,998)	(9,217)
Debt issuance costs	(3,642)	(8,579)	(1,156)
Net proceeds from mortgage repurchase facilities	56,236	48,320
Net proceeds from issuances of common stock	30,947	98,063	11,369
Repurchases of common stock upon vesting of stock based compensation	(5,484)	(5,231)	(1,015)
Repurchases of common stock under our stock repurchase program	(10,952)		(2,393)
Net cash provided by (used in) financing activities	181,842	308,476	69,200
Net increase (decrease)	(57,272)	62,758	1,308
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,955	29,647
Cash and cash equivalents and Restricted cash, End of period	36,441	93,713	30,955
Supplemental cash flow disclosure
Cash paid for income taxes	39,656	29,632	23,467
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	32,902	88,832	29,450
Restricted cash (Note 8)	3,539	4,881	1,505
Cash and cash equivalents and Restricted cash, End of period	$ 36,441	$ 93,713	$ 30,955

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	1. Nature of Operations and Summary of Significant Accounting Policies Nature of Operations Century Communities, Inc. (which we refer to as “we,” “CCS,” 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 and second time move up, and lifestyle 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, sells homes through retail studios and the internet, 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. Our operating results presented herein include the operations of UCP, Sundquist Homes and WJH from the date of acquisition through December 31, 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 U.S. generally accepted accounting principles (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. Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. Cash Held in Escrow Cash held in escrow consists of amounts related to the proceeds from home closings held for our benefit in escrow, which are typically held for less than a few days. Accounts Receivable Accounts receivable primarily consists of contract receivables related to certain contracts in our Texas segment accounted for under the percentage-of-completion method, income tax receivables and rebates receivables. We periodically review the collectability of our accounts receivables, and, if it is determined that a receivable might not be fully collectible, an allowance is recorded for the amount deemed uncollectible. As of December 31, 2018 and 2017, no allowance was recorded related to accounts receivable. Inventories and Cost of Sales We capitalize pre-acquisition, land, development, and other allocated costs, including interest, during development and home construction. Land, development, and other common costs are allocated to inventory using the relative-sales-value method; however, as lots within a project typically have comparable market values, we generally allocate land, development, and common costs equally to each lot within the project. Home construction costs are recorded using the specific-identification method. Cost of sales for homes closed includes the allocation of construction costs of each home and all applicable land acquisition, land development, and related common costs, both incurred and estimated to be incurred. Changes to estimated total development costs subsequent to initial home closings in a community are generally allocated to the remaining homes in the community. When a home is closed, the Company generally has not paid all incurred costs necessary to complete the home, and a liability and a charge to cost of home sales revenues are recorded for the amount that is estimated will ultimately be paid related to completed homes. Inventories are carried at cost unless events and circumstances indicate that the carrying value may not be recoverable. We review for indicators of impairment at the lowest level of identifiable cash flows, which we have determined to be the community level. Indicators of impairment include, but are not limited to, significant decreases in local housing market values and selling prices of comparable homes, decreases in actual or trending gross margins or sales absorption rates, significant unforeseen cost in excess of budget, and actual or projected cash flow losses. If an indicator of impairment is identified, we estimate the recoverability of the community by comparing the estimated future cash flows on an undiscounted basis to its carrying value. If the undiscounted cash flows are more than the carrying value, the community is recoverable and no impairment is recorded. If the undiscounted cash flows are less than the community’s carrying value, we generally estimate the fair value using a discounted cash flow approach. A community with a fair value less than its carrying value is impaired and is written down to fair value.  When estimating cash flows of a community, we make various assumptions, including the following: (i) expected sales prices and sales incentives to be offered, including the number of homes available, pricing and incentives being offered by us or other builders in other communities, and future sales price adjustments based on market and economic trends; (ii) expected sales pace based on local housing market conditions, competition, and historical trends; (iii) costs expended to date and expected to be incurred, including, but not limited to, land and land development costs, home construction costs, interest costs, indirect construction and overhead costs, and selling and marketing costs; and (iv) alternative uses for the property. For the years ended December 31, 2018 and 2017, we recorded impairment charges on one and five communities, respectively, totaling $0.8 million and $0.8 million, respectively, which is included in “Cost of home sales revenues” in our Consolidated Statements of Operations. Home Sales and Profit Recognition As defined in the Accounting Standards Codification (which we refer to as “ASC”) 606, Revenue from Contracts with Customers, 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 performance 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 $14.0 million and $14.1 million at December 31, 2018 and December 31, 2017, respectively. Prior to our adoption of ASC 606, r evenues from home sales were recorded and a profit was recognized when the respective units closed, title had passed, the homeowner’s initial and continuing investment was adequate, and other attributes of ownership had been transferred to the homeowner. Sales incentives were recorded as a reduction of revenues when the respective unit closed. When it was determined that the earnings process was not complete, the sale and the related profit were deferred for recognition in future periods. Performance Deposits We are occasionally required to make a land, bond, and utility deposit as each new development is started. These amounts typically are refundable as each home is sold. Performance deposits are included in Prepaid expenses and other assets on the Consolidated Balance Sheet. Lot Option and Escrow Deposits We enter into lot option purchase agreements with unrelated parties to acquire lots for the construction of homes. Under these agreements, we have paid deposits, which in many cases are non-refundable, in consideration for the right, but not the obligation, to purchase land or lots at a future point in time with predetermined terms. Lot option and escrow deposits are included in Prepaid expenses and other assets on the Consolidated Balance Sheet. 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. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is charged to expense on the straight-line basis over the estimated useful life of each asset. The estimated useful lives for each major depreciable classification of property and equipment are as follows:     Years  Buildings and improvements 3 – 40 years  Leasehold improvements 3 – 10 years  Machinery and equipment 3 – 25 years  Furniture and fixtures 2 – 7 years  Model furnishings 2 – 5 years  Computer hardware and software 1 – 5 years   Mortgage Loans Held for Sale Our Financial Services segment is 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 in the secondary mortgage market, with servicing rights released, 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 $26.2 million and $10.0 million at December 31, 2018 and December 31, 2017, respectively, and carried a weighted average interest rate of approximately 4.7%, and 4.2%, respectively. As of December 31, 2018 and 2017, Inspire had mortgage loans held for sale with an aggregate fair value of $114.1 million and $52.3 million, respectively, and an aggregate outstanding principal balance of $108.0 million and $50.4 million, respectively. 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 well as the derivative instrument used to economically hedge our interest rate risk, which are typically forward commitments on mortgage backed securities, are carried at fair value and changes in fair value are reflected in Financial Services Revenue on the C onsolidated S tatement of O perations. 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. Amortizable Intangible Assets Amortizable intangible assets consist of the estimated fair value of trade names, home construction contracts, non-compete agreements, and home plans associated with our historical acquisitions. These acquisitions were accounted for as business combinations as defined in ASC 805, Business Combinations . A high degree of judgment is made by management on variables, such as revenue growth rates, profitability, and discount rates, when calculating the value of the intangible assets. The identified intangible assets are amortized over their respective estimated useful lives. Trade names, non-compete agreements, and other intangible assets are amortized to Selling, general and administrative expenses in the Consolidated Statements of Operations. Intangible assets for cell phone tower leases, and home construction contracts are amortized to Other income and Cost of home sales revenues, respectively, as income on the related contracts are earned. The estimated lives for each major amortizable classification of intangible assets are as follows:     Years  Trade names 2 – 10 years  Home construction contracts 1 – 2 years  Non-compete agreements 2 – 5 years  Cell phone tower leases 5 – 20 years  Home plans 7 years  Earnest Money Deposits We collect earnest money deposits at the time a home buyer’s contract is accepted. Earnest money deposits held on homes under contract as of December 31, 2018 and 2017, totaled $14. 0 million and $ 14.1 million, respectively, and are included in Accrued expenses and other liabilities on the Consolidated Balance Sheets. Stock-Based Compensation We account for stock-based awards in accordance with ASC 718, Compensation—Stock Compensation . ASC 718 requires us to estimate the grant date fair value of stock-based compensation awards and to recognize the fair value as compensation costs over the requisite service period, which is generally three years, for all awards that vest. We value our restricted stock awards and restricted stock units equal to the closing price of our common stock on the New York Stock Exchange on the date of grant. Stock-based compensation expense associated with outstanding performance share units is measured using the grant date fair value and is based on the estimated achievement of the established performance criteria at the end of each reporting period until the performance period ends, recognized on a straight-line basis over the performance period. Stock-based compensation expense is only recognized for performance share units that we expect to vest, which we estimate based upon an assessment of the probability that the performance criteria will be achieved. The performance share units granted during the fiscal year ended December 31, 2018 have a three-year performance-based metric measured over a performance period from January 1, 2018 to December 31, 2020. Stock-based compensation expense associated with outstanding performance share units is updated for actual forfeitures. Income Taxes We account for income taxes in accordance with ASC 740, Income Taxes , which requires recognition of deferred tax assets and liabilities at enacted income tax rates for the temporary differences between the financial reporting bases and the tax bases of its assets and liabilities. Any effects of changes in income tax rates or tax laws are included in the provision for income taxes in the period of enactment. When it is more likely than not that a portion or all of a deferred tax asset will not be realized in the future, the Company provides a corresponding valuation allowance against the deferred tax asset. As of December 31, 2018 and 2017, we had no valuation allowance recorded against our deferred tax assets. In addition, when it is more likely than not that a tax position will be sustained upon examination by a tax authority that has full knowledge of all relevant information, the Company measures the amount of tax benefit from the position and records the largest amount of tax benefit that is more likely than not of being realized after settlement with a tax authority. The Company’s policy is to recognize interest to be paid on an underpayment of income taxes in Interest expense and any related statutory penalties in the Provision for income taxes on the Consolidated Statements of Operations. As of December 31, 2018 and 2017, we had no reserves for uncertain tax positions. Goodwill We evaluate goodwill for possible impairment in accordance with ASC 350, Intangibles–Goodwill and Other, on an annual basis, or more frequently if events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. We use a three step process to assess whether or not goodwill can be realized. The first step is a qualitative assessment that analyzes current economic indicators associated with a particular reporting unit. If the qualitative assessment indicates a stable or improved fair value, no further testing is required. If a qualitative assessment indicates that a significant decline to fair value of a reporting unit is more likely than not, we will proceed to the second step where we calculate the fair value of a reporting unit based on discounted future cash flows. If this step indicates that the carrying value of a reporting unit is in excess of its fair value, we will proceed to the third step where the fair value of the reporting unit will be allocated to assets and liabilities as they would in a business combination. Impairment occurs when the carrying amount of goodwill exceeds its estimated fair value calculated in the third step.  As of December 31, 2018 and 2017, we determined our goodwill was no t impaired. Business Combinations We account for business combinations in accordance with ASC 850, Business Combinations , if the acquired assets assumed and liabilities incurred constitute a business. We consider acquired companies to constitute a business if the acquired net assets and processes have the ability to create outputs in the form of revenue. For acquired companies constituting a business, we recognize the identifiable assets acquired and liabilities assumed at their acquisition-date fair values and recognize any excess of total consideration paid over the fair value of the identifiable net assets as goodwill. Variable Interest Entities (VIEs) We review land option contracts where we have a non-refundable deposit to determine whether the corresponding land seller is a VIE and, if so, whether we are the primary beneficiary. In determining whether we are the primary beneficiary, we consider, among other things, whether we have the power to direct the activities that most significantly impact the economic performance of the VIE. In making this determination, we consider whether we have the power to direct certain activities, including, but not limited to, determining or limiting the scope or purpose of the VIE, the ability to sell or transfer property owned or controlled by the VIE, or arranging financing for the VIE. We are not the primary beneficiary of any VIE as of December 31, 2018 and 2017. We analyzed each of our land option contracts to determine whether the land seller is a VIE and, if so, whether we are the primary beneficiary. Although we do not have legal title to the underlying land, we are required to consolidate a VIE if we are the primary beneficiary. As a result of our analysis, we determined that as of December 31, 2018, we were not the primary beneficiary of any VIE from which we have acquired rights to land under the land option contract. As of December 31, 2018 and 2017, we had non-refundable cash deposits totaling $ 42.6 million and $1 8.9 million, respectively, classified in Prepaid expenses and other assets in our Consolidated Balance Sheets for land option contracts. The non-refundable deposit is our maximum exposure to loss for the transactions as of December 31, 2018 and 2017, respectively.  Recently Issued Accounting Standards Leases The Financial Accounting Standards Board (which we refer to as “FASB”) issued ASC 842, Leases (which we refer to as “ASC 842”) which requires the recognition of lease assets and lease liabilities by lessees for most leases. ASC 842 is effective for the Company beginning January 1, 2019 and interim periods within the annual period. We plan to adopt ASC 842 under a modified retrospective approach using the option to apply the transition provisions on the effective date January 1, 2019. The Company’s leases primarily consist of leases for office space, and computer and office equipment where we are the lessee. ASC 842 includes several practical expedients which we anticipate we will elect upon adoption including to not reassess the lease classification for any expired or existing leases. We are substantially complete with our evaluation of the impact on our consolidated financial statements of adopting ASC 842. We have evaluated all of our leases and determined that there will not be a material impact on the amount or timing of recording lease expense as a result of adopting ASC 842 . The adoption for ASC 842 will result in the establishment of a right of use asset and a lease on our consolidated balance sheet. We currently anticipate that the right of use asset and the lease liability will range from $16 million to $19 million.  We do not anticipate that the adoption of ASC 842 will result in significant changes to our internal processes, including our internal control over financial reporting. Additionally, we do not anticipate the adoption will impact any covenants associated with our financing obligations. 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 ASU 2016-18 on January 1, 2018. Upon adoption of ASU 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 ASC 606, Revenue from Contracts with Customers , 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 year ended December 31, 2018, we recognized $1.5 million of forfeited deposits. · Land sales to third parties which do not meet the definition of a customer in ASC 606 are classified as other income in our Consolidated Statements of Operations . During the year ended December 31, 2018, we recorded $7.7 million from the disposition of land to third parties which were not considered customers. The related cost of these land dispositions during the same period totaled $7.8 million. · Deferral of an allocated amount of revenue and costs associated with unsatisfied performance obligations, primarily the installation of landscaping, at the time of home delivery. We deferred $2.3 million in revenue and $1.7 million in costs related to unsatisfied performance obligations on homes that we delivered during the year ended December 31, 2018. · Reclassification of certain costs related to our model homes from inventory to property and equipment on our Consolidated Balance Sheets. Upon adoption, we reclassified $2.3 million from inventories to property and equipment. Under the modified retrospective approach, we have recorded an opening adjustment to decrease retained earnings by $0.6 million, related to model homes costs that were previously capitalized to inventory, but would have been expensed as incurred under ASC 606. 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.

Reporting Segments

Reporting Segments	12 Months Ended
	Dec. 31, 2018
Reporting Segments [Abstract]
Reporting Segments	2. Reporting Segments Our homebuilding operations are engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in 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 and second time move up, and lifestyle 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, sells homes through retail studios and the internet, and provides no option or upgrade selections. Our Wade Jurney Homes brand currently has operations in nine states and is managed separately from our four geographic regions, accordingly, it is considered a separate operating segment. The management 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, Florida, Georgia, Indiana, North Carolina, Ohio, South Carolina, Tennessee, and Texas) 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, and to a lesser extent our financial services operations, through functions, such as our executive, finance, treasury, human resources, accounting and legal departments. The following table summarizes total revenue and income before income tax expense by segment (in thousands):    Year ended December 31,  2018 2017 2016  Revenue:  West $ 459,254 $ 210,696 —  Mountain 701,985 616,517 504,293  Texas 213,508 165,170 147,006  Southeast 530,891 421,563 343,141  Wade Jurney Homes 210,051 — —  Financial Services 31,724 9,853 —  Corporate — — —  Total revenue $ 2,147,413 $ 1,423,799 $ 994,440   Income (loss) before income tax expense:  West $ 38,380 $ 14,640 —  Mountain 89,048 75,704 66,613  Texas 13,682 10,952 2,686  Southeast 33,267 29,662 31,138  Wade Jurney Homes (754) — —  Financial Services 8,766 1,225 —  Corporate (53,859) (48,019) (27,288)  Total income before income tax expense $ 128,530 $ 84,164 $ 73,149 The following table summarizes total assets by segment (in thousands):      December 31, December 31,  2018 2017  West $ 502,381 $ 394,215  Mountain 621,757 571,880  Texas 209,550 192,078  Southeast 448,681 401,618  Wade Jurney Homes 204,925 —  Financial Services 146,710 63,137  Corporate 120,251 112,094  Total assets $ 2,254,255 $ 1,735,022 Corporate assets include certain cash and cash equivalents, receivables related to our rebates programs, prepaid insurance and other prepaid expenses, property and equipment, and deferred financing costs on our revolving line of credit. Certain items previously presented as of December 31, 2017 within corporate s e gment have been reclassified to our West segment to conform to our current year presentation.

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 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 and $100.2 million in cash was paid in connection with the merger. Outstanding UCP restricted stock units were also converted into an aggregate amount of 0.2 million 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 $9.6 million in acquisition related expenses, presented as Acquisition expense on the Consolidated Statement of Operations. Total consideration of $209.0 million inclusive of cash acquired of $20.3 million 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 the States of 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 our estimate of the fair value of assets acquired and liabilities assumed as of the acquisition date of UCP (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 year ended December 31, 2018, we recognized $1.5 million of expense related to refinements in our estimated fair value of inventories, which occurred during the period. This measurement period adjustment is included in “Cost of home sales revenues” on our Consolidated Statements of Operations. Acquired inventories consist of both acquired land and work in process inventories. We determined the estimate of fair value for acquired land inventory with the assistance of a third-party appraiser primarily using a forecasted cash flow approach for the development, marketing, and sale of each community acquired. Significant assumptions included in our estimate include future per lot development costs, construction and overhead costs, mix of products sold in each community, as well as average sales price, and absorption rates. We estimated the fair value of acquired work in process inventories based upon the stage of production of each unit and a gross margin that we believe a market participant would require to complete the remaining development and requisite selling efforts. The stage of production, as of the acquisition date, ranged from recently started lots to fully completed single family residences. We estimated a market participant would require a gross margin ranging from 6% to 20% based upon the stage of production of the individual lot. Goodwill represents the excess of the purchase price over the fair value of assets acquired and liabilities assumed. 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 recently acquired as part of our acquisition of UCP, 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 our preliminary estimates of the fair value of the assets acquired and liabilities assumed as of the acquisition date of Sundquist Homes (in thousands):    Accounts receivable $ 11  Inventories 55,077  Prepaid expenses and other assets 1,050  Property and equipment, net 142  Total assets $ 56,280   Accounts payable $ 3,646  Accrued expenses and other liabilities 2,431  Total liabilities 6,077  Purchase price/Net equity $ 50,203 Acquired inventories consist of both acquired land and work in process inventories. We determined the estimate of fair value for acquired land inventory with the assistance of a third-party appraiser primarily using a forecasted cash flow approach for the development, marketing, and sale of each community acquired. Significant assumptions included in our estimate include future per lot development costs, construction and overhead costs, mix of products sold in each community, as well as average sales price, and absorption rates. We estimated the fair value of acquired work in process inventories based upon the stage of production of each unit and a gross margin that we believe a market participant would require to complete the remaining development and requisite selling efforts. The stage of production, as of the acquisition date, ranged from recently started lots to fully completed single family residences. We estimated a market participant would require a gross margin ranging from 6% to 20% based upon the stage of production of the individual lot. Goodwill of $4.8 million will be deductible for tax purposes in connection with this acquisition.  We determined that Sundquist Home’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, sells homes through retail studios and the internet, and provides no option or upgrade selections. The acquired assets primarily include homes under construction that are in various stages of completion and are geographically dispersed. 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 $0.4 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 year ended December 31, 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 3,600  Goodwill 3,317  $ 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 $3.3 million and $0.3 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 $210.1 million, and income before tax inclusive of purchase price accounting, of $(0.8) million, are included in our accompanying Consolidated Statement of Operations for the year ended December 31, 2018.   Unaudited Pro Forma Financial Information Unaudited pro forma revenue and income before tax expense for the years ended December 31, 2018, 2017, and 2016 give effect to the results of the acquisitions of WJH, UCP and Sundquist Homes. The effect of the WJH acquisition is reflected as though the acquisition date was as of January 1, 2017. The effect of the UCP and Sundquist Homes acquisitions is reflected as though the acquisition date was as of January 1, 2016. Unaudited pro forma income before tax expense adjusts the operating results of WJH, UCP, and Sundquist Homes to reflect the additional costs that would have been recorded assuming the fair value adjustments had been applied as of the beginning of the year preceding the year of acquisition and excludes acquisition expense incurred related to the transactions. Pro forma basic and diluted EPS gives effect to the issuance of approximately 4.2 million shares of common stock as consideration for the acquisition of UCP as though the acquisition had occurred on January 1, 2016 (in thousands, except share and per share information ):    Year ended December 31,  2018 2017 2016  Total revenues $ 2,297,804 $ 1,990,577 $ 1,403,514   Income before tax expense $ 148,245 $ 111,038 $ 85,896  Tax expense (37,061) (31,753) (17,848)  Net income $ 111,184 $ 79,285 $ 68,048  Less: Undistributed earnings allocated to participating securities (68) (517) (1,204)  Numerator for basic and diluted pro forma EPS $ 111,116 $ 78,768 $ 66,844   Pro forma weighted average shares-basic 30,084,913 28,456,725 24,855,043  Pro forma weighted average shares-diluted 30,391,346 28,760,635 24,967,791   Pro forma basic EPS $ 3.69 $ 2.77 $ 2.69  Pro forma diluted EPS $ 3.66 $ 2.74 $ 2.68 

Inventory

Inventory	12 Months Ended
	Dec. 31, 2018
Inventory [Abstract]
Inventory	4. Inventory  Inventory included the following (in thousands):    December 31, December 31,  2018 2017  Homes under construction $ 1,073,682 $ 869,554  Land and land development 720,719 479,038  Capitalized interest 53,842 41,762  Total inventories $ 1,848,243 $ 1,390,354

Financial Services

Financial Services	12 Months Ended
	Dec. 31, 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 $26.2 million and $10.0 million at December 31, 2018 and December 31, 2017, respectively, and carried a weighted average interest rate of approximately 4.7% , and 4.2% , respectively. As of December 31, 2018 and 2017, Inspire had mortgage loans held for sale with an aggregate fair value of $114.1 million and $52.3 million, respectively, and an aggregate outstanding principal balance of $108.0 million and $50.4 million , respectively . 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 well as the derivative instrument used to economically hedge our interest rate risk, which are typically forward commitments on mortgage backed 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.

Amortizable Intangible Assets

Amortizable Intangible Assets	12 Months Ended
	Dec. 31, 2018
Amortizable Intangible Assets [Abstract]
Amortizable Intangible Assets	6. Amortizable Intangible Assets Amortizable intangible assets included the following (in thousands):    As of December 31,  2018 2017  Trade names $ 3,300 $ —  Non-compete agreements 5,365 5,065  Cell phone tower lease 1,408 1,408  Home plans 764 764  Gross intangible assets 10,837 7,237  Accumulated amortization (5,742) (4,299)  Intangible assets, net $ 5,095 $ 2,938 We recognized amortization expense on our intangible assets of $1.4 million, $1.3 million and $1.9 million during the years ended December 31, 2018, 2017 and 2016, respectively. We did not write off any full depreciated amortizable intangible assets in the year ended December 31, 2018. During the year ended December 31, 2017, we wrote off fully depreciated amortizable intangible assets totaling $1.8 million, and the related accumulated amortization. As of December 31, 2018, expected amortization expense for amortizable intangible assets for each of the next five years, and thereafter, is as follows (in thousands):     2019 $ 1,245  2020 571  2021 443  2022 403  2023 403  Thereafter 2,030  Net intangible assets, net 5,095

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2018
Property and Equipment [Abstract]
Property and Equipment	7. Property and Equipment Property and equipment included the following (in thousands):   December 31, December 31,  2018 2017  Land $ 3,289 $ 3,167  Buildings and improvements 3,095 2,069  Leasehold improvements 1,882 991  Machinery and equipment 11,110 10,334  Furniture and fixtures 3,349 1,938  Model furnishings 24,118 16,113  Computer hardware and software 8,244 7,605  55,087 42,217  Less accumulated depreciation (21,829) (14,306)  Total property and equipment, net $ 33,258 $ 27,911

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	12 Months Ended
	Dec. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
Prepaid Expenses and Other Assets	 8. Prepaid Expenses and Other Assets Prepaid expenses and other assets included the following (in thousands):     December 31, December 31,  2018 2017  Prepaid insurance $ 20,226 $ 6,549  Lot option and escrow deposits 51,038 35,700  Performance deposits 4,552 3,295  Deferred financing costs revolving line of credit, net 4,155 1,795  Restricted cash 3,539 4,881  Secured notes receivable 4,947 2,753  Insurance receivable and other 50,260 5,839  Total prepaid expenses and other assets $ 138,717 $ 60,812   

Investment in Unconsolidated Su

Investment in Unconsolidated Subsidiaries	12 Months Ended
	Dec. 31, 2018
Investment in Unconsolidated Subsidiaries [Abstract]
Investment in Unconsolidated Subsidiaries	  9. Investment in Unconsolidated Subsidiaries  On November 1, 2016, we acquired a 50% ownership interest in WJH LLC, which is the successor to Wade Jurney Homes, Inc. and Wade Jurney of Florida, Inc., for $15.0 million. As a result of the transaction, we subsequently owned 50% of WJH and Wade Jurney Jr., an individual, owned the other 50% interest. Each party contributed an additional $3.0 million in capital to WJH upon its formation. The Company and Wade Jurney Jr. shared responsibility for all of WJH’s strategic decisions, with Wade Jurney Jr. continuing to manage the day-to-day operations under the existing operating model. Our investment in WJH was treated as an unconsolidated investment under the equity method of accounting.  Our aggregate investment in WJH at December 31, 2017 of $28.2 million was more than our share of the underlying net assets of WJH, resulting in outside basis of approximately $5.4 million. Of the $5.4 million in outside basis, $1.1 million and $4.4 million are attributed to the underlying trade names and goodwill of WJH, respectively. Amounts allocated to intangible assets were amortized to equity in earnings over approximately 10 years.  As discussed in Footnote 3 to the Consolidated Financial Statements, 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.  For the period from January 1, 2018 through June 14, 2018, we recognized $14.8 million of equity in income of unconsolidated subsidiaries, and received $7.4 million in in operating distributions. During the year ended December 31, 2017, we recognized $12.2 million of equity in income of unconsolidated subsidiaries, made capital contributions totaling $3 .0 million and received operating distributions from WJH of $5.2 million.  The following table provides unaudited selected financial information for WJH as of and for the year ended December 31, 2017 (in thousands):      December 31, 2017 (unaudited)  Inventories $ 101,649  Total assets $ 136,531  Total liabilities $ 91,002  Partners' capital $ 45,529  Homebuilding revenues $ 271,653  Income before income tax expense $ 26,185    

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	12 Months Ended
	Dec. 31, 2018
Accrued Expenses and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	10. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities included the following (in thousands):    December 31, December 31,  2018 2017  Earnest money deposits $ 13,990 $ 14,077  Warranty reserve 7,970 8,531  Accrued compensation costs 29,770 22,129  Land development and home construction accruals 77,748 61,918  Accrued interest 15,636 14,435  Income taxes payable — 851  Liability for product financing arrangement and other 68,043 28,415  Total accrued expenses and other liabilities $ 213,157 $ 150,356  

Warranties

Warranties	12 Months Ended
	Dec. 31, 2018
Warranties [Abstract]
Warranties	11. Warranties Estimated future direct warranty costs are accrued and charged to cost of home sales revenues in the period when the related home sales revenues are recognized. Amounts accrued, which are included in Accrued expenses and other liabilities on the Consolidated Balance Sheets, are based upon historical experience rates. We subsequently assess the adequacy of our warranty accrual on a quarterly basis through an internal model that incorporates historical payment trends and adjust the amounts recorded if necessary. Based on favorable warranty payment trends relative to our estimates at the time of home closing, we reduced our warranty reserve by $3.4 million, $1.5 million and $1.4 million during the years ended December 31, 2018, 2017 and 2016, respectively, which is included as a reduction to Cost of homes sales revenues on our Consolidated Statements of Operations. Changes in our warranty accrual for the years ended December 31, 2018, 2017, and 2016 are detailed in the table below (in thousands):   Year ended December 31,  2018 2017 2016  Beginning balance $ 8,531 $ 2,479 $ 2,622  Warranty reserve assumed in business combination 397 5,327 —  Warranty expense provisions 6,686 4,709 2,873  Payments (4,204) (2,526) (1,610)  Warranty adjustment (3,440) (1,458) (1,406)  Ending balance $ 7,970 $ 8,531 $ 2,479 

Debt

Debt	12 Months Ended
	Dec. 31, 2018
Debt [Abstract]
Debt	12. Debt Our outstanding debt obligations included the following as of December 31, 2018 and 2017 (in thousands):     December 31, December 31,  2018 2017  6.875% senior notes, due May 2022 $ 380,567 $ 379,238  5.875% senior notes, due July 2025 395,415 394,725  Other financing obligations 8,795 2,320  Notes payable 784,777 776,283  Revolving line of credit, due April 2022 202,500 —  Mortgage repurchase facilities 104,555 48,319  Total debt $ 1,091,832 $ 824,602  6.875% senior notes In May 2014, we completed a private offering of $ 200.0 million in aggregate principal amount of senior unsecured notes due 2022 (which we refer to as the “Initial Senior Notes”) in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended (which we refer to as the “Securities Act”). The Initial Senior Notes were issued under the Indenture, dated as of May 5, 2014, among the Company, our subsidiary guarantors party thereto, and U.S Bank National Association, as trustee (which we refer to as the “May 2014 Indenture,” as it may be supplemented or amended from time to time). The Initial Senior Notes were issued at a price equal to 99.239% of their principal amount, and we received net proceeds of approximately $193.3 million. In February 2015, we completed an offer to exchange $200.0 million in aggregate principal amount of our 6.875% senior notes due 2022 , which are registered under the Securities Act (which we refer to as the “Initial Exchange Notes”), for all of the Initial Senior Notes. The terms of the Initial Exchange Notes are identical in all material respects to the Initial Senior Notes, except that the Initial Exchange Notes are registered under the Securities Act and the transfer restrictions, registration rights, and additional interest provisions applicable to the Initial Senior Notes do not apply to the Initial Exchange Notes. In April 2015, we completed a private offering of an additional $60 million in aggregate principal amount of our 6.875% senior notes due 2022 (which we refer to as the “April 2015 Senior Notes”) in reliance on Rule 144A and Regulation S under the Securities Act. The April 2015 Senior Notes were issued at a price equal to 98.26% of their principal amount, and we received net proceeds of approximately $58.5 million. The April 2015 Senior Notes were additional notes issued under the May 2014 Indenture. In October 2015, we completed an offer to exchange $60.0 million in aggregate principal amount of our 6.875% senior notes due 2022 , which are registered under the Securities Act (which we refer to as the “October 2015 Exchange Notes”), for all of the April 2015 Senior Notes. The terms of the October 2015 Exchange Notes are identical in all material respects to the April 2015 Senior Notes, except that the October 2015 Exchange Notes are registered under the Securities Act and the transfer restrictions, registration rights, and additional interest provisions that were applicable to the April 2015 Senior Notes do not apply to the October 2015 Exchange Notes. In January 2017, we completed a private offering of an additional $125 million in aggregate principal amount of our 6.875% senior notes due 2022 (which we refer to as the “January 2017 Senior Notes”) in reliance on Rule 144A and Regulation S under the Securities Act. The January 2017 Senior Notes were issued at a price equal to 102.00% of their principal amount, and we received net proceeds of approximately $125.4 million. The January 2017 Senior Notes were additional notes issued under the May 2014 Indenture. In April 2017, we completed an offer to exchange $125.0 million in aggregate principal amount of our 6.875% senior notes due 2022 , which are registered under the Securities Act (which we refer to as the “April 2017 Exchange Notes”), for all of the January 2017 Senior Notes. The terms of the April 2017 Exchange Notes are identical in all material respects to the January 2017 Senior Notes, except that the April 2017 Exchange Notes are registered under the Securities Act and the transfer restrictions, registration rights, and additional interest provisions that were applicable to the January 2017 Senior Notes do not apply to the April 2017 Exchange Notes. The Initial Exchange Notes, October 2015 Exchange Notes, and April 2017 Exchange Notes (which we refer to collectively, as the “Existing 6.875% Notes”) will be treated as a single series of notes under the May 2014 Indenture, and will vote as a single class of notes for all matters submitted to a vote of holders under the May 2014 Indenture. The Existing 6.875% Notes are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The May 2014 Indenture governing the Existing 6.875% Notes contains certain restrictive covenants on issuing future secured debt and other transactions. The aggregate principal balance of the Existing 6.875% Notes is due May 2022, with interest only payments due semi-annually in May and November of each year. As of December 31, 2018, the aggregate obligation, inclusive of unamortized financing costs on the Existing 6.875% Notes was $380.6 million. 5.875% senior notes In May 2017, we completed a private offering of $400 million in aggregate principal amount of our 5.875% Senior Notes due 2025 (which we refer to as the “May 2017 Senior Notes”) in reliance on Rule 144A and Regulation S under the Securities Act. The May 2017 Senior Notes were issued under the Indenture, dated as of May 12, 2017, among the Company, our subsidiary guarantors party thereto, and U.S Bank National Association, as trustee (which we refer to as the “May 2017 Indenture,” as it may be supplemented or amended from time to time). The May 2017 Senior Notes were issued at a price equal to 100.00% of their principal amount, and we received net proceeds of approximately $395.5 million. In December 2017, we completed an offer to exchange approximately $400.0 million in aggregate principal amount of our 5.875% senior notes due 2025 , which are registered under the Securities Act (which we refer to as the “December 2017 Exchange Notes”), for an equivalent amount of the May 2017 Senior Notes that were tendered and accepted for exchange. The terms of the December 2017 Exchange Notes are identical in all material respects to the May 2017 Senior Notes, except that the December 2017 Exchange Notes are registered under the Securities Act and the transfer restrictions, registration rights, and additional interest provisions that are applicable to the May 2017 Senior Notes do not apply to the December 2017 Exchange Notes. The May 2017 Senior Notes and December 2017 Exchange Notes (which we refer to collectively, as the “Existing 5.875% Notes”) will be treated as a single series of notes under the May 2017 Indenture, and will vote as a single class of notes for all matters submitted to a vote of holders under the May 2017 Indenture. The Existing 5.875% Notes are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The May 2017 Indenture governing the Existing 5.875% Notes contains certain restrictive covenants on issuing future secured debt and other transactions. The aggregate principal balance of the Existing 5.875% Notes is due July 2025 , with interest only payments due semi-annually in January and July of each year. As of December 31, 2018, the aggregate obligation, inclusive of unamortized financing costs on the May 2017 Senior Notes and December 2017 Exchange Notes was $395.4 million. 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 December 31, 2018, we had $202.5 million outstanding under the credit facility, leaving $387.5 million in availability and were in compliance with all covenants.  Mortgage Repurchase Facilities – Financial Services  On May 4, 2018 and September 14, 2018 , Inspire entered into mortgage warehouse facilities, with Comerica Bank, and J.P. Morgan, respectively. The mortgage warehouse lines of credit (which we refer to as the “Repurchase Facilities”) provide Inspire with uncommitted repurchase facilities of up to $140 million, secured by the mortgage loans financed thereunder. On December 20, 2018, we temporarily increased our facility with J.P. Morgan through February 28, 2019 by $20 million, thus bringing our total capacity under the Repurchase Facilities to $160 million as of December 31, 2018. 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 December 31, 2018, we had $104.6 million outstanding under these Repurchase Facilities and were in compliance with all covenants thereunder. No assurance can be provided, however, that we will remain in compliance with the covenants or have continued access to these facilities or substitute or replacement facilities in an amount sufficient to fund our mortgage lending business. During the years ended December 31, 2018 and 2017, we incurred interest expense on our Repurchase Facilities of $1.4 million and $0.2 million, respectively, which are included in financial services costs on our Consolidated Statements of Operations . Other Financing Obligations As of December 31, 2018, we had $2.3 million of outstanding land development notes and $6.5 million of outstanding insurance premium notes, compared to $2.3 million of outstanding land development notes and no outstanding insurance premium notes for the year ended December 31, 2017.  Aggregate annual maturities of debt as of December 31, 2018 are as follows (in thousands):    2019 $ 113,350  2020 —  2021 —  2022 587,500  2023 —  Thereafter 400,000  Total 1,100,850  Less: Discount and deferred financing costs, net on senior notes (9,018)  Carrying amount $ 1,091,832 

Interest

Interest	12 Months Ended
	Dec. 31, 2018
Interest [Abstract]
Interest	13. 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 years ended December 31, 2018, 2017, and 2016, we capitalized all interest costs incurred during these periods, except for interest incurred on our mortgage repurchase facilities. Our interest costs are as follows (in thousands):    Year ended December 31,  2018 2017 2016  Interest capitalized beginning of period $ 41,762 $ 28,935 $ 21,533  Interest capitalized during period 60,772 45,725 26,904  Less: capitalized interest in cost of sales (48,692) (32,898) (19,502)  Interest capitalized end of period $ 53,842 $ 41,762 $ 28,935

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Income Taxes	14. Income Taxes On December 22, 2017, the Tax Cuts and Jobs Act (which we refer to as the “TCJA”) was signed into law. The TCJA significantly reforms the Internal Revenue Code of 1986, as amended. The TCJA, among other things, contains significant changes to corporate taxation, including reduction of the corporate tax rate, commencing in 2018, from a top marginal rate of 35% to a flat rate of 21%, limitation of the tax deduction for interest expense to 30% of adjusted earnings (except for certain small businesses), limitation of the deduction for net operating losses to 80% of current year taxable income, elimination of net operating loss carrybacks, immediate deductions for certain new investments instead of deductions for depreciation expense over time, and modifying or repealing many business deductions and credits. Also on December 22, 2017 the SEC staff issued Staff Accounting Bulletin No. 118 (which we refer to as “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 as of the date our financial statements were issued for the year ended December 31, 2017. We remeasured our deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future, which is generally our estimated blended state and federal statutory rate in future periods of approximately 24% . This remeasurement as of December 31, 2017 resulted in a provisional reduction to our deferred tax assets of $2.8 million. During the year ended December 31, 2018, we completed our accounting for the impacts of the TCJA, and recorded an additional reduction to our deferred tax assets of $1.5 million. The reductions of $1.5 million and $2.8 million are reflected in Income tax expense in our Consolidated Statements of Operations for the years ended December 31, 2018 and 2017, respectively. Our income tax expense for the years ended December 31, 2018, 2017 and 2016 comprises the following current and deferred amounts (in thousands):   Year Ended December 31,  2018 2017 2016  Current  Federal $ 27,815 $ 29,241 $ 19,417  State and local 8,415 3,954 2,685  Total current 36,230 33,195 22,102  Deferred  Federal (3,182) 920 1,357  State and local (973) (246) 150  Total deferred (4,155) 674 1,507  Income tax expense $ 32,075 $ 33,869 $ 23,609  Total income tax expense differed from the amounts computed by applying the federal statutory income tax rate of 21 % for the year ended December 31, 2018 and 35% for the years ended Decembers 31, 2017 and 2016, to income before income taxes as a result of the following items (in thousands):   Year Ended December 31,  2018 2017 2016  Statutory income tax expense $ 26,991 $ 29,469 $ 25,602  State income tax expense, net of federal income tax expense 4,847 3,596 1,954  Domestic production activities deduction - (2,513) (2,146)  Executive compensation 2,760 - -  Excess tax benefits upon vesting of share-based payment awards (1,276) - -  Remeasurement of deferred tax assets 1,548 2,790 -  Federal energy credits (2,426) - (1,944)  Other permanent items - 248 221  Other adjustments (369) 279 (78)  Income tax expense $ 32,075 $ 33,869 $ 23,609 Deferred income tax assets and liabilities are recognized for the future tax consequences of temporary differences. Temporary differences arise when revenues and expenses for financial reporting are recognized for tax purposes in a different period. ASC 740 requires that a valuation allowance be recorded against deferred tax assets unless it is more likely than not that the deferred tax asset will be utilized. As a result of this analysis, the Company has no t recorded a valuation allowance against its deferred tax assets. The Company will continue to evaluate the need to record valuation allowances against deferred tax assets and will make adjustments in accordance with the accounting standard. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at December 31, 2018 and 2017 (in thousands):   As of December 31,  2018 2017  Deferred tax assets  Warranty reserves $ 1,944 $ 1,848  Amortizable intangible assets 1,127 -  Stock based compensation 3,055 1,629  Accrued compensation and other 5,075 574  Inventories, additional costs capitalized for tax 7,281 7,844  Deferred tax asset 18,482 11,895   Deferred tax liabilities  Prepaid expenses 1,133 148  Property and equipment 3,586 4,276  Amortizable intangible assets - 1,280  Accrued expenses - 636  Deferred tax liability 4,719 6,340  Net deferred tax asset $ 13,763 $ 5,555  The uncertainty provisions of ASC 740 also require the Company to recognize the impact of a tax position in its consolidated financial statements only if the technical merits of that position indicate that the position is more likely than not of being sustained upon audit. During the year, the Company did no t record a reserve for uncertain tax positions. We file income tax returns in the U.S. federal jurisdiction and various state jurisdictions. We are subject to U.S. federal income tax examination for calendar tax years ending 2015 through 2018. Additionally, we are subject to various state income tax examinations for the 2014 through 2018 calendar tax years.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures	15. Fair Value Disclosures ASC 820, Fair Value Measurement , defines fair value as the price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at measurement date and requires assets and liabilities carried at fair value to be classified and disclosed in the following three categories: Level 1 – Quoted prices for identical instruments in active markets. Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are inactive; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets at measurement date. Level 3 – Valuations derived from techniques where one or more significant inputs or significant value drivers are unobservable in active markets at measurement date. The following table presents carrying values and estimated fair values of financial instruments (in thousands):     December 31, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 4,947 $ 4,830 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 114,074 $ 114,074 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 380,567 $ 367,618 $ 379,238 $ 397,044  5.875% senior notes (3) Level 2 $ 395,415 $ 351,414 $ 394,725 $ 400,225  3.278% insurance premium notes (4) Level 2 $ 6,475 $ 6,475 $ — $ —  Revolving line of credit (4) Level 3 $ 202,500 $ 202,500 $ — $ —  Other financing obligation (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 104,555 $ 104,555 $ 48,319 $ 48,319    (1) Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note. (2) The mortgage loans held for sale are carried at fair value as of December 31, 2018 and 2017, 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. Nonfinancial assets and liabilities include items such as inventory and property and equipment that are measured at fair value when acquired and resulting from impairment, if deemed necessary.

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2018
Operating Leases [Abstract]
Operating Leases	16. Operating Leases The Company maintains noncancellable operating leases for office space. The Company recognizes expense on a straight-line basis over the life of each lease. Rent expense for the years ended December 31, 2018, 2017 and 2016 was $3.2 million, $ 2.3 million and $ 1.4 million, respectively, included in selling, general, and administrative on our Consolidated Statements of Operations. Future minimum lease payments as of December 31, 2018 are as follows (in thousands):     2019 $ 5,411  2020 5,106  2021 4,281  2022 2,888  2023 2,374  Thereafter 1,706  Total $ 21,766

Post-Retirement Plan

Post-Retirement Plan	12 Months Ended
	Dec. 31, 2018
Post-Retirement Plan [Abstract]
Post-Retirement Plan	17. Post-Retirement Plan The Company has 401(k) plans available to substantially all employees. The Company generally makes matching contributions of 50% of employees’ salary deferral amounts on the first 6% of employees’ compensation. Contributions to the plans during the years ended December 31, 2018, 2017 and 2016 were $1.9 million, $1.0 million and $0.4 million, respectively.  

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	18. Stock-Based Compensation During the year ended December 31, 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 year ended December 31, 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 December 31, 2018, we had no remaining unvested restricted stock awards (which we refer to as “RSAs”) outstanding. The following table summarizes the activity of our RSU, RSA, and PSU for the years ended December 31, 2018, 2017 and 2016 (in thousands):    Year Ended December 31,  2018 2017 2016  Shares Weighted average per share grant date fair value Shares Weighted average per share grant date fair value Shares Weighted average per share grant date fair value  Outstanding, beginning of year 834 $ 18.16 852 $ 15.81 696 $ 18.18  Granted 592 29.86 460 21.64 514 14.28  Vested (491) 18.02 (452) 17.19 (297) 18.65  Forfeited (89) 22.44 (26) 19.63 (61) 16.05  Outstanding, end of year 846 $ 25.14 834 $ 18.16 852 $ 15.81  A summary of our outstanding RSUs and PSUs, assuming maximum level of performance, are as follows (in thousands, except years):     As of December 31, 2018  Unvested units 846  Unrecognized compensation cost $ 9,472  Period to recognize compensation cost 1.8 years During the years ended December 31, 2018, 2017 and 2016, the Company recognized stock-based compensation expense of $ 13.7 million, $ 9.5 million and $6.7 million, respectively, which is generally included in selling, general, and administrative on the Consolidated Statements of Operations .

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity [Abstract]
Stockholders' Equity	19. Stockholders’ Equity The Company’s 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 December 31, 2018, and 2017, there were 30.2 million and 29.5 million shares of common stock issued and outstanding, respectively. On May 10, 2017, our stockholders approved the adoption of the Century Communities, Inc. 2017 Omnibus Incentive Plan (which we refer to as our “2017 Incentive Plan”), which replaced our First Amended & Restated 2013 Long-Term Incentive Plan. We had reserved a total of 1.8 million shares of our common stock for issuance under our First Amended & Restated 2013 Long-Term Incentive Plan, of which approximately 0.6 million shares rolled over into the 2017 Incentive Plan when it became effective. We issued 0.3 million shares of common stock related to the vesting of RSUs during the year ended December 31, 2018 . As of December 31, 2018, and 2017, approximately 0.9 million and 1.2 million shares, respectively, remained available for issuance under the 2017 Incentive Plan. On November 7, 2016, we entered into a Distribution Agreement (which we refer to as the “First Distribution Agreement”) with J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Citigroup Global Markets Inc. (which we refer to collectively as the “Sales Agents”), relating to our common stock. Under the First Distribution Agreement, we were authorized to offer and sell shares of our common stock having an aggregate offering price of up to $50.0 million from time to time through any of our Sales Agents in “at the market” offerings. On August 9, 2017, we entered into a second Distribution Agreement (which we refer to as the “Second Distribution Agreement”) with the Sales Agents , which superseded and replaced the First Distribution Agreement , pursuant to which we may offer and sell from time to time up to $100.0 million 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 years ended December 31, 2018 and 2017, we sold and issued an aggregate of 1.1 million and 3.7 million shares of our common stock, respectively, under the Second and Third Distribution Agreements, which provided gross proceeds to us of $31.7 million and $98.1 million, respectively, and in connection with such sales, we paid total commissions and fees to the Sales Agents of $0.7 million and $2.0 million, respectively. In November 2018, we authorized a stock repurchase program, under which we may repurchase up to 4,500,000 shares of our outstanding common stock. In December 2018, 604,061 shares were repurchased for approximately $11.0 million.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	20. Earnings Per Share We use the two-class method of calculating earnings per share (EPS) as our unvested restricted stock awards have non-forfeitable rights to dividends, and accordingly represent a participating security. The two-class method is an earnings allocation method under which EPS is calculated for each class of common stock and participating security considering both dividends declared (or accumulated) and participation rights in undistributed earnings as if all such earnings had been distributed during the period. The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2018, 2017 and 2016 (in thousands, except share and per share information):     Year ended December 31,  2018 2017 2016  Numerator  Net income $ 96,455 $ 50,295 $ 49,540  Less: Undistributed earnings allocated to participating securities (59) (384) (1,050)  Net income allocable to common stockholders $ 96,396 $ 49,911 $ 48,490  Denominator  Weighted average common shares outstanding - basic 30,084,913 24,280,871 20,679,189  Dilutive effect of restricted stock units 306,433 274,638 112,748  Weighted average common shares outstanding - diluted 30,391,346 24,555,509 20,791,937  Earnings per share:  Basic $ 3.20 $ 2.06 $ 2.34  Diluted $ 3.17 $ 2.03 $ 2.33 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 year ended December 31, 2018 related to the PSUs granted during the periods. We did no t have any common unit equivalents to exclude from diluted earnings per share during the years ended December 31, 2017 and 2016.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	21 . Commitments and Contingencies Letters of Credit and Performance Bonds In the normal course of business, the Company posts letters of credit and performance bonds related to our land development performance obligations, with local municipalities. As of December 31, 2018 and 2017, we had $ 289.8 million and $158.6 million, respectively, in letters of credit and performance bonds issued and outstanding. Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business, which consist primarily of construction claims. It is the opinion of 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 expense on our Consolidated Statements of Operations for our estimated loss. Under various insurance policies, we have the ability to recoup costs in excess of applicable self-insured retentions. Estimates of such amounts are recorded in other assets when recovery is probable. As of December 31, 2018, substantially all of the amounts reflected as Insurance receivable and other are related to construction claims which we believe are probable of settlement and the obligation of these claims are reflected in Accrued expenses and other liabilities on the Consolidated Balance Sheet. We do not believe that the ultimate resolution of any claims and lawsuits will have a material adverse effect upon our consolidated financial position, results of operations, or cash flow.

Results of Quarterly Operations

Results of Quarterly Operations	12 Months Ended
	Dec. 31, 2018
Results Of Quarterly Operations [Abstract]
Results of Quarterly Operations	22. Results of Quarterly Operations (Unaudited)    Quarter  First Second Third Fourth  (in thousands, except per share amounts)  2018  Home sales revenues $ 394,831 $ 522,164 $ 552,876 $ 640,187  Gross margin from home sales revenues $ 75,248 $ 94,967 $ 92,732 $ 105,492  Income before tax expense $ 23,107 $ 46,502 $ 22,859 $ 36,062  Net income $ 20,019 $ 33,193 $ 17,048 $ 26,195  Basic earnings per share $ 0.68 $ 1.11 $ 0.56 $ 0.85  Diluted earnings per share $ 0.67 $ 1.10 $ 0.56 $ 0.85   2017  Home sales revenues $ 226,420 $ 287,588 $ 374,935 $ 516,500  Gross margin from home sales revenues $ 44,096 $ 53,700 $ 63,570 $ 90,718  Income before tax expense $ 12,051 $ 23,109 $ 15,156 $ 33,848  Net income $ 8,799 $ 14,831 $ 9,470 $ 17,195  Basic earnings per share $ 0.40 $ 0.67 $ 0.37 $ 0.61  Diluted earnings per share $ 0.40 $ 0.66 $ 0.37 $ 0.60

Supplemental Guarantor Informat

Supplemental Guarantor Information	12 Months Ended
	Dec. 31, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information	23. Supplemental Guarantor Information The Existing 6.875% Notes and the Existing 5.875% Notes are our unsecured senior obligations, and are fully and unconditionally guaranteed on an unsecured basis, jointly and severally, by substantially all of our direct and indirect wholly-owned operating subsidiaries (which we refer to as “Guarantors”). Each of the May 2014 Indenture governing the Existing 6.875% Notes, and the May 2017 Indenture governing the Existing 5.875% 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 applicable Indenture), which sale, transfer, exchange or other disposition does not constitute an “Asset Sale” (as defined in the applicable Indenture) 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 applicable Indenture); (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 applicable Indenture), in accordance with the applicable Indenture; (5) if the Company exercises its legal defeasance option or covenant defeasance option under the applicable Indenture or if the obligations of the Company and the Guarantors are discharged in compliance with applicable provisions of the applicable Indenture, upon such exercise or discharge; or (6) in connection with the dissolution of such Guarantor under applicable law in accordance with the applicable Indenture. As the guarantees were made in connection with the February 2015 exchange offer for the Initial Exchange Notes, the October 2015 exchange offer for the October 2015 Exchange Notes, the April 2017 exchange offer for the April 2017 Exchange Notes, and the December exchange offer for the December 2017 Exchange Notes, the Guarantors’ condensed financial information is presented as if the guarantees existed during the periods presented. If any Guarantors are released from the guarantees in future periods, the changes are reflected prospectively. We have determined that separate, full financial statements of the Guarantors would not be material to investors and, accordingly, supplemental financial information is presented below:     Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Assets  Cash and cash equivalents $ 2,183 2,101 28,618 $ 32,902  Cash held in escrow — 24,344 — 24,344  Accounts receivable 6,117 7,424 (77) 13,464  Investment in consolidated subsidiaries 1,827,456 — — (1,827,456) —  Inventories — 1,848,243 — 1,848,243  Mortgage loans held for sale — — 114,074 114,074  Prepaid expenses and other assets 51,177 85,224 2,316 138,717  Deferred tax assets, net 13,763 — — 13,763  Property and equipment, net 13,274 18,989 995 33,258  Amortizable intangible assets, net — 5,095 — 5,095  Goodwill — 30,395 — 30,395  Total assets $ 1,913,970 $ 2,021,815 $ 145,926 $ (1,827,456) $ 2,254,255  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 623 88,627 657 — $ 89,907  Accrued expenses and other liabilities 75,506 131,548 6,103 — 213,157  Notes payable 775,982 8,795 — — 784,777  Revolving line of credit 202,500 — — — 202,500  Mortgage repurchase facilities — — 104,555 — 104,555  Total liabilities 1,054,611 228,970 111,315 — 1,394,896  Stockholders’ equity: 859,359 1,792,845 34,611 (1,827,456) 859,359  Total liabilities and stockholders’ equity $ 1,913,970 $ 2,021,815 $ 145,926 $ (1,827,456) $ 2,254,255     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  Deferred tax liability — — — — —  Notes payable 773,963 2,320 — — 776,283  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 48,319 — 48,319  Total liabilities 807,229 142,447 50,113 — 999,789  Stockholders’ equity: 735,233 1,421,595 13,024 (1,434,619) 735,233  Total liabilities and stockholders’ equity $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022          Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2018 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 2,110,058 $ — $ — $ 2,110,058  Land sales and other revenues — 5,631 — — 5,631  — 2,115,689 — — 2,115,689  Financial services revenue — — 31,724 — 31,724  Total revenues — 2,115,689 31,724 — 2,147,413  Homebuilding cost of revenues  Cost of homes sales revenues — (1,741,619) — — (1,741,619)  Cost of land sales and other revenues — (3,832) — — (3,832)  — (1,745,451) — — (1,745,451)  Financial services costs — — (22,958) — (22,958)  Selling, general and administrative (70,578) (193,403) — — (263,981)  Acquisition expense (437) — — — (437)  Equity in earnings from consolidated subsidiaries 138,746 — — (138,746) —  Equity in income of unconsolidated subsidiaries 14,849 — — — 14,849  Other income (expense) (299) (606) — — (905)  Income before income tax expense 82,281 176,229 8,766 (138,746) 128,530  Income tax expense 14,174 (44,057) (2,192) — (32,075)  Net income $ 96,455 $ 132,172 $ 6,574 $ (138,746) $ 96,455    Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 1,405,443 $ — $ — $ 1,405,443  Land sales and other revenues — 8,503 — — 8,503  — 1,413,946 — — 1,413,946  Financial services revenue — — 9,853 — 9,853  Total revenues — 1,413,946 9,853 — 1,423,799  Homebuilding cost of revenues  Cost of homes sales revenues — (1,153,359) — — (1,153,359)  Cost of land sales and other revenues — (6,516) — — (6,516)  — (1,159,875) — — (1,159,875)  Financial services costs — — (8,664) — (8,664)  Selling, general and administrative (49,072) (127,232) — — (176,304)  Acquisition expense (9,905) — — — (9,905)  Equity in earnings from consolidated subsidiaries 84,425 — — (84,425) —  Equity in income from unconsolidated subsidiaries 12,176 — — — 12,176  Other income (expense) 1,080 1,820 37 — 2,937  Income before income tax expense 38,704 128,659 1,226 (84,425) 84,164  Income tax expense 11,591 (45,031) (429) — (33,869)  Net income $ 50,295 $ 83,628 $ 797 $ (84,425) $ 50,295      Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2016 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 978,733 $ — $ — $ 978,733  Land sales and other revenues — 15,707 — — 15,707  — 994,440 — — 994,440  Financial services revenue — — — — —  Total revenues — 994,440 — — 994,440  Homebuilding cost of revenues  Cost of homes sales revenues — (786,127) — — (786,127)  Cost of land sales and other revenues — (14,217) — — (14,217)  — (800,344) — — (800,344)  Financial services costs — — — — —  Selling, general and administrative (25,674) (96,235) (315) — (122,224)  Acquisition expense (490) — — — (490)  Equity in earnings from consolidated subsidiaries 64,297 — — (64,297) —  Equity in income from unconsolidated subsidiaries 191 — — — 191  Other income (expense) 34 1,542 — — 1,576  Income before income tax expense 38,358 99,403 (315) (64,297) 73,149  Income tax expense 11,182 (34,791) — — (23,609)  Net income $ 49,540 $ 64,612 $ (315) $ (64,297) $ 49,540    Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (74,074) $ (71,532) $ (49,972) $ — $ (195,578)  Net cash used in investing activities $ (98,523) $ (170,862) $ (461) $ 226,310 $ (43,536)  Financing activities  Borrowings under revolving credit facilities $ 721,000 $ — $ — $ — $ 721,000  Payments on revolving credit facilities (518,500) — — — (518,500)  Net proceeds on mortgage repurchase facility — — 56,236 — 56,236  Proceeds from insurance notes payable — 11,839 — — 11,839  Extinguishments of debt assumed in business combination (94,231) — — — (94,231)  Principal payments on notes payable (9) (5,362) — — (5,371)  Debt issuance costs (3,642) — — — (3,642)  Issuance of common stock - taxes for vesting (5,484) — — — (5,484)  Repurchases of common stock under our stock repurchase program 30,947 — — — 30,947  Repurchases of common stock upon vesting of stock based compensation (10,952) — — — (10,952)  Payments from (and advances to) parent/subsidiary (583) 211,879 15,014 (226,310) —  Net cash provided by (used in) financing activities $ 118,546 $ 218,356 $ 71,250 $ (226,310) $ 181,842  Net increase (decrease) $ (54,051) $ (24,038) $ 20,817 $ — $ (57,272)   Cash and cash equivalents and restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ 2,183 $ 4,006 $ 30,252 $ — $ 36,441   Cash and cash equivalents $ 2,183 $ 2,101 $ 28,618 $ — $ 32,902  Restricted Cash — 1,905 1,634 — 3,539  Cash and cash equivalents and restricted cash $ 2,183 $ 4,006 $ 30,252 $ — $ 36,441    Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (27,787) $ (33,169) $ (50,316) $ — $ (111,272)  Net cash used in investing activities $ (456,299) $ (118,583) $ (513) $ 440,949 $ (134,446)  Financing activities —  Borrowings under revolving credit facilities $ 175,000 $ — $ — $ — $ 175,000  Payments on revolving credit facilities (370,000) — — — (370,000)  Proceeds from issuance of senior notes 527,500 — — — 527,500  Proceeds from insurance notes payable — 2,320 — — 2,320  Extinguishments of debt assumed in business combination — (151,919) — — (151,919)  Principal payments on notes payable — (6,998) — — (6,998)  Debt issuance costs (8,579) — — — (8,579)  Repurchases of common stock upon vesting of restricted stock awards (5,231) — — — (5,231)  Payments from (and advances to) parent/subsidiary 108,930 326,242 5,777 (440,949) —  Net proceeds from mortgage repurchase facilities — — 48,320 — 48,320  Net proceeds from issuances of common stock 98,063 — — — 98,063  Net cash provided by financing activities 525,683 $ 169,645 $ 54,097 $ (440,949) 308,476  Net increase (decrease) 41,597 $ 17,893 $ 3,268 $ — 62,758   Cash and cash equivalents and restricted cash $  Beginning of period $ 14,637 $ 10,151 $ 6,167 $ — $ 30,955  End of period 56,234 $ 28,044 $ 9,435 $ — 93,713   Cash and cash equivalents $ 56,234 $ 23,399 $ 9,199 $ — $ 88,832  Restricted Cash — 4,645 236 — 4,881  Cash and cash equivalents and Restricted cash $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713       Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2016 (in thousands)  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash used in operating activities $ (16,138) (27,978) (575) — (44,691)  Net cash used in investing activities (58,032) (5,585) (23) 40,439 (23,201)  Financing activities  Borrowings under revolving credit facilities $ 220,000 — — — 220,000  Payments on revolving credit facilities (160,000) — — — (160,000)  Proceeds from issuance of senior notes — — — — —  Proceeds from insurance premium notes and other — 11,612 — — 11,612  Repurchases of common stock under our stock repurchase program (2,393) — — — (2,393)  Principal payments on notes payable — (9,217) — — (9,217)  Debt issuance costs (1,156) — — — (1,156)  Repurchases of common stock upon vesting of restricted stock awards (1,015) — — — (1,015)  Payments from (and advances to) parent/subsidiary — 33,674 6,765 (40,439) —  Net proceeds from mortgage credit facility — — — — —  Net proceeds from issuances of common stock 11,369 — — — 11,369  Net cash provided by financing activities $ 66,805 36,069 6,765 (40,439) 69,200  Net decrease in cash and cash equivalents $ (7,365) 2,506 6,167 — 1,308  Cash and cash equivalents  Beginning of period $ 22,002 7,645 — — 29,647  End of period $ 14,637 10,151 6,167 — 30,955   Cash and cash equivalents 14,637 8,646 6,167 — 29,450  Restricted Cash — 1,505 — — 1,505  Cash and cash equivalents and restricted cash 14,637 10,151 6,167 — 30,955 

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2018
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Century Communities, Inc. (which we refer to as “we,” “CCS,” 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 and second time move up, and lifestyle 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, sells homes through retail studios and the internet, 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. Our operating results presented herein include the operations of UCP, Sundquist Homes and WJH from the date of acquisition through December 31, 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 U.S. generally accepted accounting principles (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.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents.
Cash Held in Escrow	Cash Held in Escrow Cash held in escrow consists of amounts related to the proceeds from home closings held for our benefit in escrow, which are typically held for less than a few days.
Accounts Receivable	Accounts Receivable Accounts receivable primarily consists of contract receivables related to certain contracts in our Texas segment accounted for under the percentage-of-completion method, income tax receivables and rebates receivables. We periodically review the collectability of our accounts receivables, and, if it is determined that a receivable might not be fully collectible, an allowance is recorded for the amount deemed uncollectible. As of December 31, 2018 and 2017, no allowance was recorded related to accounts receivable.
Inventories and Cost of Sales	Inventories and Cost of Sales We capitalize pre-acquisition, land, development, and other allocated costs, including interest, during development and home construction. Land, development, and other common costs are allocated to inventory using the relative-sales-value method; however, as lots within a project typically have comparable market values, we generally allocate land, development, and common costs equally to each lot within the project. Home construction costs are recorded using the specific-identification method. Cost of sales for homes closed includes the allocation of construction costs of each home and all applicable land acquisition, land development, and related common costs, both incurred and estimated to be incurred. Changes to estimated total development costs subsequent to initial home closings in a community are generally allocated to the remaining homes in the community. When a home is closed, the Company generally has not paid all incurred costs necessary to complete the home, and a liability and a charge to cost of home sales revenues are recorded for the amount that is estimated will ultimately be paid related to completed homes. Inventories are carried at cost unless events and circumstances indicate that the carrying value may not be recoverable. We review for indicators of impairment at the lowest level of identifiable cash flows, which we have determined to be the community level. Indicators of impairment include, but are not limited to, significant decreases in local housing market values and selling prices of comparable homes, decreases in actual or trending gross margins or sales absorption rates, significant unforeseen cost in excess of budget, and actual or projected cash flow losses. If an indicator of impairment is identified, we estimate the recoverability of the community by comparing the estimated future cash flows on an undiscounted basis to its carrying value. If the undiscounted cash flows are more than the carrying value, the community is recoverable and no impairment is recorded. If the undiscounted cash flows are less than the community’s carrying value, we generally estimate the fair value using a discounted cash flow approach. A community with a fair value less than its carrying value is impaired and is written down to fair value.  When estimating cash flows of a community, we make various assumptions, including the following: (i) expected sales prices and sales incentives to be offered, including the number of homes available, pricing and incentives being offered by us or other builders in other communities, and future sales price adjustments based on market and economic trends; (ii) expected sales pace based on local housing market conditions, competition, and historical trends; (iii) costs expended to date and expected to be incurred, including, but not limited to, land and land development costs, home construction costs, interest costs, indirect construction and overhead costs, and selling and marketing costs; and (iv) alternative uses for the property. For the years ended December 31, 2018 and 2017, we recorded impairment charges on one and five communities, respectively, totaling $0.8 million and $0.8 million, respectively, which is included in “Cost of home sales revenues” in our Consolidated Statements of Operations.
Home Sales and Profit Recognition	Home Sales and Profit Recognition As defined in the Accounting Standards Codification (which we refer to as “ASC”) 606, Revenue from Contracts with Customers, 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 performance 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 $14.0 million and $14.1 million at December 31, 2018 and December 31, 2017, respectively. Prior to our adoption of ASC 606, r evenues from home sales were recorded and a profit was recognized when the respective units closed, title had passed, the homeowner’s initial and continuing investment was adequate, and other attributes of ownership had been transferred to the homeowner. Sales incentives were recorded as a reduction of revenues when the respective unit closed. When it was determined that the earnings process was not complete, the sale and the related profit were deferred for recognition in future periods.
Performance Deposits	Performance Deposits We are occasionally required to make a land, bond, and utility deposit as each new development is started. These amounts typically are refundable as each home is sold. Performance deposits are included in Prepaid expenses and other assets on the Consolidated Balance Sheet.
Lot Option and Escrow Deposits	Lot Option and Escrow Deposits We enter into lot option purchase agreements with unrelated parties to acquire lots for the construction of homes. Under these agreements, we have paid deposits, which in many cases are non-refundable, in consideration for the right, but not the obligation, to purchase land or lots at a future point in time with predetermined terms. Lot option and escrow deposits are included in Prepaid expenses and other assets on the Consolidated Balance Sheet.
Home and Sales Facilities	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.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is charged to expense on the straight-line basis over the estimated useful life of each asset. The estimated useful lives for each major depreciable classification of property and equipment are as follows:     Years  Buildings and improvements 3 – 40 years  Leasehold improvements 3 – 10 years  Machinery and equipment 3 – 25 years  Furniture and fixtures 2 – 7 years  Model furnishings 2 – 5 years  Computer hardware and software 1 – 5 years 
Mortgage Loans Held for Sale	Mortgage Loans Held for Sale Our Financial Services segment is 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 in the secondary mortgage market, with servicing rights released, 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 $26.2 million and $10.0 million at December 31, 2018 and December 31, 2017, respectively, and carried a weighted average interest rate of approximately 4.7%, and 4.2%, respectively. As of December 31, 2018 and 2017, Inspire had mortgage loans held for sale with an aggregate fair value of $114.1 million and $52.3 million, respectively, and an aggregate outstanding principal balance of $108.0 million and $50.4 million, respectively. 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 well as the derivative instrument used to economically hedge our interest rate risk, which are typically forward commitments on mortgage backed securities, are carried at fair value and changes in fair value are reflected in Financial Services Revenue on the C onsolidated S tatement of O perations. 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.
Amortizable Intangible Assets	Amortizable Intangible Assets Amortizable intangible assets consist of the estimated fair value of trade names, home construction contracts, non-compete agreements, and home plans associated with our historical acquisitions. These acquisitions were accounted for as business combinations as defined in ASC 805, Business Combinations . A high degree of judgment is made by management on variables, such as revenue growth rates, profitability, and discount rates, when calculating the value of the intangible assets. The identified intangible assets are amortized over their respective estimated useful lives. Trade names, non-compete agreements, and other intangible assets are amortized to Selling, general and administrative expenses in the Consolidated Statements of Operations. Intangible assets for cell phone tower leases, and home construction contracts are amortized to Other income and Cost of home sales revenues, respectively, as income on the related contracts are earned. The estimated lives for each major amortizable classification of intangible assets are as follows:     Years  Trade names 2 – 10 years  Home construction contracts 1 – 2 years  Non-compete agreements 2 – 5 years  Cell phone tower leases 5 – 20 years  Home plans 7 years 
Earnest Money Deposits	Earnest Money Deposits We collect earnest money deposits at the time a home buyer’s contract is accepted. Earnest money deposits held on homes under contract as of December 31, 2018 and 2017, totaled $14. 0 million and $ 14.1 million, respectively, and are included in Accrued expenses and other liabilities on the Consolidated Balance Sheets.
Stock-Based Compensation	Stock-Based Compensation We account for stock-based awards in accordance with ASC 718, Compensation—Stock Compensation . ASC 718 requires us to estimate the grant date fair value of stock-based compensation awards and to recognize the fair value as compensation costs over the requisite service period, which is generally three years, for all awards that vest. We value our restricted stock awards and restricted stock units equal to the closing price of our common stock on the New York Stock Exchange on the date of grant. Stock-based compensation expense associated with outstanding performance share units is measured using the grant date fair value and is based on the estimated achievement of the established performance criteria at the end of each reporting period until the performance period ends, recognized on a straight-line basis over the performance period. Stock-based compensation expense is only recognized for performance share units that we expect to vest, which we estimate based upon an assessment of the probability that the performance criteria will be achieved. The performance share units granted during the fiscal year ended December 31, 2018 have a three-year performance-based metric measured over a performance period from January 1, 2018 to December 31, 2020. Stock-based compensation expense associated with outstanding performance share units is updated for actual forfeitures.
Income Taxes	Income Taxes We account for income taxes in accordance with ASC 740, Income Taxes , which requires recognition of deferred tax assets and liabilities at enacted income tax rates for the temporary differences between the financial reporting bases and the tax bases of its assets and liabilities. Any effects of changes in income tax rates or tax laws are included in the provision for income taxes in the period of enactment. When it is more likely than not that a portion or all of a deferred tax asset will not be realized in the future, the Company provides a corresponding valuation allowance against the deferred tax asset. As of December 31, 2018 and 2017, we had no valuation allowance recorded against our deferred tax assets. In addition, when it is more likely than not that a tax position will be sustained upon examination by a tax authority that has full knowledge of all relevant information, the Company measures the amount of tax benefit from the position and records the largest amount of tax benefit that is more likely than not of being realized after settlement with a tax authority. The Company’s policy is to recognize interest to be paid on an underpayment of income taxes in Interest expense and any related statutory penalties in the Provision for income taxes on the Consolidated Statements of Operations. As of December 31, 2018 and 2017, we had no reserves for uncertain tax positions.
Goodwill	Goodwill We evaluate goodwill for possible impairment in accordance with ASC 350, Intangibles–Goodwill and Other, on an annual basis, or more frequently if events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. We use a three step process to assess whether or not goodwill can be realized. The first step is a qualitative assessment that analyzes current economic indicators associated with a particular reporting unit. If the qualitative assessment indicates a stable or improved fair value, no further testing is required. If a qualitative assessment indicates that a significant decline to fair value of a reporting unit is more likely than not, we will proceed to the second step where we calculate the fair value of a reporting unit based on discounted future cash flows. If this step indicates that the carrying value of a reporting unit is in excess of its fair value, we will proceed to the third step where the fair value of the reporting unit will be allocated to assets and liabilities as they would in a business combination. Impairment occurs when the carrying amount of goodwill exceeds its estimated fair value calculated in the third step.  As of December 31, 2018 and 2017, we determined our goodwill was no t impaired.
Business Combinations	Business Combinations We account for business combinations in accordance with ASC 850, Business Combinations , if the acquired assets assumed and liabilities incurred constitute a business. We consider acquired companies to constitute a business if the acquired net assets and processes have the ability to create outputs in the form of revenue. For acquired companies constituting a business, we recognize the identifiable assets acquired and liabilities assumed at their acquisition-date fair values and recognize any excess of total consideration paid over the fair value of the identifiable net assets as goodwill.
Variable Interest Entities (VIEs)	Variable Interest Entities (VIEs) We review land option contracts where we have a non-refundable deposit to determine whether the corresponding land seller is a VIE and, if so, whether we are the primary beneficiary. In determining whether we are the primary beneficiary, we consider, among other things, whether we have the power to direct the activities that most significantly impact the economic performance of the VIE. In making this determination, we consider whether we have the power to direct certain activities, including, but not limited to, determining or limiting the scope or purpose of the VIE, the ability to sell or transfer property owned or controlled by the VIE, or arranging financing for the VIE. We are not the primary beneficiary of any VIE as of December 31, 2018 and 2017. We analyzed each of our land option contracts to determine whether the land seller is a VIE and, if so, whether we are the primary beneficiary. Although we do not have legal title to the underlying land, we are required to consolidate a VIE if we are the primary beneficiary. As a result of our analysis, we determined that as of December 31, 2018, we were not the primary beneficiary of any VIE from which we have acquired rights to land under the land option contract. As of December 31, 2018 and 2017, we had non-refundable cash deposits totaling $ 42.6 million and $1 8.9 million, respectively, classified in Prepaid expenses and other assets in our Consolidated Balance Sheets for land option contracts. The non-refundable deposit is our maximum exposure to loss for the transactions as of December 31, 2018 and 2017, respectively.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Leases The Financial Accounting Standards Board (which we refer to as “FASB”) issued ASC 842, Leases (which we refer to as “ASC 842”) which requires the recognition of lease assets and lease liabilities by lessees for most leases. ASC 842 is effective for the Company beginning January 1, 2019 and interim periods within the annual period. We plan to adopt ASC 842 under a modified retrospective approach using the option to apply the transition provisions on the effective date January 1, 2019. The Company’s leases primarily consist of leases for office space, and computer and office equipment where we are the lessee. ASC 842 includes several practical expedients which we anticipate we will elect upon adoption including to not reassess the lease classification for any expired or existing leases. We are substantially complete with our evaluation of the impact on our consolidated financial statements of adopting ASC 842. We have evaluated all of our leases and determined that there will not be a material impact on the amount or timing of recording lease expense as a result of adopting ASC 842 . The adoption for ASC 842 will result in the establishment of a right of use asset and a lease on our consolidated balance sheet. We currently anticipate that the right of use asset and the lease liability will range from $16 million to $19 million.  We do not anticipate that the adoption of ASC 842 will result in significant changes to our internal processes, including our internal control over financial reporting. Additionally, we do not anticipate the adoption will impact any covenants associated with our financing obligations. 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 ASU 2016-18 on January 1, 2018. Upon adoption of ASU 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 ASC 606, Revenue from Contracts with Customers , 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 year ended December 31, 2018, we recognized $1.5 million of forfeited deposits. · Land sales to third parties which do not meet the definition of a customer in ASC 606 are classified as other income in our Consolidated Statements of Operations . During the year ended December 31, 2018, we recorded $7.7 million from the disposition of land to third parties which were not considered customers. The related cost of these land dispositions during the same period totaled $7.8 million. · Deferral of an allocated amount of revenue and costs associated with unsatisfied performance obligations, primarily the installation of landscaping, at the time of home delivery. We deferred $2.3 million in revenue and $1.7 million in costs related to unsatisfied performance obligations on homes that we delivered during the year ended December 31, 2018. · Reclassification of certain costs related to our model homes from inventory to property and equipment on our Consolidated Balance Sheets. Upon adoption, we reclassified $2.3 million from inventories to property and equipment. Under the modified retrospective approach, we have recorded an opening adjustment to decrease retained earnings by $0.6 million, related to model homes costs that were previously capitalized to inventory, but would have been expensed as incurred under ASC 606. 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.

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Schedule Of Estimated Lives Of Property Plant And Equipment	   Years  Buildings and improvements 3 – 40 years  Leasehold improvements 3 – 10 years  Machinery and equipment 3 – 25 years  Furniture and fixtures 2 – 7 years  Model furnishings 2 – 5 years  Computer hardware and software 1 – 5 years 
Schedule Of Amortizable Classification Of Intangible Assets	   Years  Trade names 2 – 10 years  Home construction contracts 1 – 2 years  Non-compete agreements 2 – 5 years  Cell phone tower leases 5 – 20 years  Home plans 7 years 

Reporting Segments (Tables)

Reporting Segments (Tables)	12 Months Ended
	Dec. 31, 2018
Reporting Segments [Abstract]
Schedule Of Total Revenue And Pretax Income By Segment	  Year ended December 31,  2018 2017 2016  Revenue:  West $ 459,254 $ 210,696 —  Mountain 701,985 616,517 504,293  Texas 213,508 165,170 147,006  Southeast 530,891 421,563 343,141  Wade Jurney Homes 210,051 — —  Financial Services 31,724 9,853 —  Corporate — — —  Total revenue $ 2,147,413 $ 1,423,799 $ 994,440   Income (loss) before income tax expense:  West $ 38,380 $ 14,640 —  Mountain 89,048 75,704 66,613  Texas 13,682 10,952 2,686  Southeast 33,267 29,662 31,138  Wade Jurney Homes (754) — —  Financial Services 8,766 1,225 —  Corporate (53,859) (48,019) (27,288)  Total income before income tax expense $ 128,530 $ 84,164 $ 73,149 
Schedule Of Total Assets By Segment	   December 31, December 31,  2018 2017  West $ 502,381 $ 394,215  Mountain 621,757 571,880  Texas 209,550 192,078  Southeast 448,681 401,618  Wade Jurney Homes 204,925 —  Financial Services 146,710 63,137  Corporate 120,251 112,094  Total assets $ 2,254,255 $ 1,735,022 

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2018
Pro Forma Financial Information [Abstract]
Schedule Of Pro Forma Information	  Year ended December 31,  2018 2017 2016  Total revenues $ 2,297,804 $ 1,990,577 $ 1,403,514   Income before tax expense $ 148,245 $ 111,038 $ 85,896  Tax expense (37,061) (31,753) (17,848)  Net income $ 111,184 $ 79,285 $ 68,048  Less: Undistributed earnings allocated to participating securities (68) (517) (1,204)  Numerator for basic and diluted pro forma EPS $ 111,116 $ 78,768 $ 66,844   Pro forma weighted average shares-basic 30,084,913 28,456,725 24,855,043  Pro forma weighted average shares-diluted 30,391,346 28,760,635 24,967,791   Pro forma basic EPS $ 3.69 $ 2.77 $ 2.69  Pro forma diluted EPS $ 3.66 $ 2.74 $ 2.68 
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 
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 3,600  Goodwill 3,317  $ 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 

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory [Abstract]
Schedule Of Inventory	   December 31, December 31,  2018 2017  Homes under construction $ 1,073,682 $ 869,554  Land and land development 720,719 479,038  Capitalized interest 53,842 41,762  Total inventories $ 1,848,243 $ 1,390,354 

Amortizable Intangible Assets (

Amortizable Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Amortizable Intangible Assets [Abstract]
Schedule Of Amortizable Intagible Assets	  As of December 31,  2018 2017  Trade names $ 3,300 $ —  Non-compete agreements 5,365 5,065  Cell phone tower lease 1,408 1,408  Home plans 764 764  Gross intangible assets 10,837 7,237  Accumulated amortization (5,742) (4,299)  Intangible assets, net $ 5,095 $ 2,938 
Schedule Of Future Amortization Expense	  2019 $ 1,245  2020 571  2021 443  2022 403  2023 403  Thereafter 2,030  Net intangible assets, net 5,095 

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property and Equipment [Abstract]
Schedule Of Property And Equipment	  December 31, December 31,  2018 2017  Land $ 3,289 $ 3,167  Buildings and improvements 3,095 2,069  Leasehold improvements 1,882 991  Machinery and equipment 11,110 10,334  Furniture and fixtures 3,349 1,938  Model furnishings 24,118 16,113  Computer hardware and software 8,244 7,605  55,087 42,217  Less accumulated depreciation (21,829) (14,306)  Total property and equipment, net $ 33,258 $ 27,911 

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
Schedule Of Prepaid Expenses And Other Assets	   December 31, December 31,  2018 2017  Prepaid insurance $ 20,226 $ 6,549  Lot option and escrow deposits 51,038 35,700  Performance deposits 4,552 3,295  Deferred financing costs revolving line of credit, net 4,155 1,795  Restricted cash 3,539 4,881  Secured notes receivable 4,947 2,753  Insurance receivable and other 50,260 5,839  Total prepaid expenses and other assets $ 138,717 $ 60,812 

Investment in Unconsolidated _2

Investment in Unconsolidated Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2018
WJH [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of Unaudited Selected Financial Information	   December 31, 2017 (unaudited)  Inventories $ 101,649  Total assets $ 136,531  Total liabilities $ 91,002  Partners' capital $ 45,529  Homebuilding revenues $ 271,653  Income before income tax expense $ 26,185 

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Accrued Expenses and Other Liabilities [Abstract]
Schedule Of Accrued Expenses And Other Liabilities	   December 31, December 31,  2018 2017  Earnest money deposits $ 13,990 $ 14,077  Warranty reserve 7,970 8,531  Accrued compensation costs 29,770 22,129  Land development and home construction accruals 77,748 61,918  Accrued interest 15,636 14,435  Income taxes payable — 851  Liability for product financing arrangement and other 68,043 28,415  Total accrued expenses and other liabilities $ 213,157 $ 150,356 

Warranties (Tables)

Warranties (Tables)	12 Months Ended
	Dec. 31, 2018
Warranties [Abstract]
Schedule Of Changes In Warranty Accrual	  Year ended December 31,  2018 2017 2016  Beginning balance $ 8,531 $ 2,479 $ 2,622  Warranty reserve assumed in business combination 397 5,327 —  Warranty expense provisions 6,686 4,709 2,873  Payments (4,204) (2,526) (1,610)  Warranty adjustment (3,440) (1,458) (1,406)  Ending balance $ 7,970 $ 8,531 $ 2,479 

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Debt [Abstract]
Schedule Of Outstanding Debt Obligations	   December 31, December 31,  2018 2017  6.875% senior notes, due May 2022 $ 380,567 $ 379,238  5.875% senior notes, due July 2025 395,415 394,725  Other financing obligations 8,795 2,320  Notes payable 784,777 776,283  Revolving line of credit, due April 2022 202,500 —  Mortgage repurchase facilities 104,555 48,319  Total debt $ 1,091,832 $ 824,602 
Schedule Of Aggregate Annual Maturities Of Debt	  2019 $ 113,350  2020 —  2021 —  2022 587,500  2023 —  Thereafter 400,000  Total 1,100,850  Less: Discount and deferred financing costs, net on senior notes (9,018)  Carrying amount $ 1,091,832 

Interest (Tables)

Interest (Tables)	12 Months Ended
	Dec. 31, 2018
Interest [Abstract]
Schedule Of Capitalized Interest Costs	   Year ended December 31,  2018 2017 2016  Interest capitalized beginning of period $ 41,762 $ 28,935 $ 21,533  Interest capitalized during period 60,772 45,725 26,904  Less: capitalized interest in cost of sales (48,692) (32,898) (19,502)  Interest capitalized end of period $ 53,842 $ 41,762 $ 28,935 

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Schedule Of Income Tax Expense	  Year Ended December 31,  2018 2017 2016  Current  Federal $ 27,815 $ 29,241 $ 19,417  State and local 8,415 3,954 2,685  Total current 36,230 33,195 22,102  Deferred  Federal (3,182) 920 1,357  State and local (973) (246) 150  Total deferred (4,155) 674 1,507  Income tax expense $ 32,075 $ 33,869 $ 23,609 
Schedule Of Components Of Income Tax Expense By Expense	  Year Ended December 31,  2018 2017 2016  Statutory income tax expense $ 26,991 $ 29,469 $ 25,602  State income tax expense, net of federal income tax expense 4,847 3,596 1,954  Domestic production activities deduction - (2,513) (2,146)  Executive compensation 2,760 - -  Excess tax benefits upon vesting of share-based payment awards (1,276) - -  Remeasurement of deferred tax assets 1,548 2,790 -  Federal energy credits (2,426) - (1,944)  Other permanent items - 248 221  Other adjustments (369) 279 (78)  Income tax expense $ 32,075 $ 33,869 $ 23,609 
Schedule Of Deferred Tax Assets And Liabilities	  As of December 31,  2018 2017  Deferred tax assets  Warranty reserves $ 1,944 $ 1,848  Amortizable intangible assets 1,127 -  Stock based compensation 3,055 1,629  Accrued compensation and other 5,075 574  Inventories, additional costs capitalized for tax 7,281 7,844  Deferred tax asset 18,482 11,895   Deferred tax liabilities  Prepaid expenses 1,133 148  Property and equipment 3,586 4,276  Amortizable intangible assets - 1,280  Accrued expenses - 636  Deferred tax liability 4,719 6,340  Net deferred tax asset $ 13,763 $ 5,555 

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments	   December 31, 2018 December 31, 2017   Hierarchy Carrying Fair Value Carrying Fair Value  Secured notes receivable (1) Level 2 $ 4,947 $ 4,830 $ 2,753 $ 2,727  Mortgage loans held for sale (2) Level 2 $ 114,074 $ 114,074 $ 52,327 $ 52,327   6.875% senior notes (3) Level 2 $ 380,567 $ 367,618 $ 379,238 $ 397,044  5.875% senior notes (3) Level 2 $ 395,415 $ 351,414 $ 394,725 $ 400,225  3.278% insurance premium notes (4) Level 2 $ 6,475 $ 6,475 $ — $ —  Revolving line of credit (4) Level 3 $ 202,500 $ 202,500 $ — $ —  Other financing obligation (4) Level 2 $ 2,320 $ 2,320 $ 2,320 $ 2,320  Mortgage repurchase facilities (4) Level 2 $ 104,555 $ 104,555 $ 48,319 $ 48,319    (1) Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note. (2) The mortgage loans held for sale are carried at fair value as of December 31, 2018 and 2017, 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. 

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Operating Leases [Abstract]
Schedule Of Future Minimum Lease Payments	  2019 $ 5,411  2020 5,106  2021 4,281  2022 2,888  2023 2,374  Thereafter 1,706  Total $ 21,766 

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation [Abstract]
Schedule Of Restricted Stock Award Activity	  Year Ended December 31,  2018 2017 2016  Shares Weighted average per share grant date fair value Shares Weighted average per share grant date fair value Shares Weighted average per share grant date fair value  Outstanding, beginning of year 834 $ 18.16 852 $ 15.81 696 $ 18.18  Granted 592 29.86 460 21.64 514 14.28  Vested (491) 18.02 (452) 17.19 (297) 18.65  Forfeited (89) 22.44 (26) 19.63 (61) 16.05  Outstanding, end of year 846 $ 25.14 834 $ 18.16 852 $ 15.81 
Summary Of Outstanding Restricted Stock And Performance Stock Units	  As of December 31, 2018  Unvested units 846  Unrecognized compensation cost $ 9,472  Period to recognize compensation cost 1.8 years 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share, Basic And Diluted	   Year ended December 31,  2018 2017 2016  Numerator  Net income $ 96,455 $ 50,295 $ 49,540  Less: Undistributed earnings allocated to participating securities (59) (384) (1,050)  Net income allocable to common stockholders $ 96,396 $ 49,911 $ 48,490  Denominator  Weighted average common shares outstanding - basic 30,084,913 24,280,871 20,679,189  Dilutive effect of restricted stock units 306,433 274,638 112,748  Weighted average common shares outstanding - diluted 30,391,346 24,555,509 20,791,937  Earnings per share:  Basic $ 3.20 $ 2.06 $ 2.34  Diluted $ 3.17 $ 2.03 $ 2.33 

Results of Quarterly Operatio_2

Results of Quarterly Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Results Of Quarterly Operations [Abstract]
Schedule Of Quarterly Financial Information	  Quarter  First Second Third Fourth  (in thousands, except per share amounts)  2018  Home sales revenues $ 394,831 $ 522,164 $ 552,876 $ 640,187  Gross margin from home sales revenues $ 75,248 $ 94,967 $ 92,732 $ 105,492  Income before tax expense $ 23,107 $ 46,502 $ 22,859 $ 36,062  Net income $ 20,019 $ 33,193 $ 17,048 $ 26,195  Basic earnings per share $ 0.68 $ 1.11 $ 0.56 $ 0.85  Diluted earnings per share $ 0.67 $ 1.10 $ 0.56 $ 0.85   2017  Home sales revenues $ 226,420 $ 287,588 $ 374,935 $ 516,500  Gross margin from home sales revenues $ 44,096 $ 53,700 $ 63,570 $ 90,718  Income before tax expense $ 12,051 $ 23,109 $ 15,156 $ 33,848  Net income $ 8,799 $ 14,831 $ 9,470 $ 17,195  Basic earnings per share $ 0.40 $ 0.67 $ 0.37 $ 0.61  Diluted earnings per share $ 0.40 $ 0.66 $ 0.37 $ 0.60 

Supplemental Guarantor Inform_2

Supplemental Guarantor Information (Tables)	12 Months Ended
	Dec. 31, 2018
Supplemental Guarantor Information [Abstract]
Supplemental Condensed Consolidated Balance Sheet	   Supplemental Condensed Consolidated Balance Sheet  As of December 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Assets  Cash and cash equivalents $ 2,183 2,101 28,618 $ 32,902  Cash held in escrow — 24,344 — 24,344  Accounts receivable 6,117 7,424 (77) 13,464  Investment in consolidated subsidiaries 1,827,456 — — (1,827,456) —  Inventories — 1,848,243 — 1,848,243  Mortgage loans held for sale — — 114,074 114,074  Prepaid expenses and other assets 51,177 85,224 2,316 138,717  Deferred tax assets, net 13,763 — — 13,763  Property and equipment, net 13,274 18,989 995 33,258  Amortizable intangible assets, net — 5,095 — 5,095  Goodwill — 30,395 — 30,395  Total assets $ 1,913,970 $ 2,021,815 $ 145,926 $ (1,827,456) $ 2,254,255  Liabilities and stockholders’ equity  Liabilities:  Accounts payable $ 623 88,627 657 — $ 89,907  Accrued expenses and other liabilities 75,506 131,548 6,103 — 213,157  Notes payable 775,982 8,795 — — 784,777  Revolving line of credit 202,500 — — — 202,500  Mortgage repurchase facilities — — 104,555 — 104,555  Total liabilities 1,054,611 228,970 111,315 — 1,394,896  Stockholders’ equity: 859,359 1,792,845 34,611 (1,827,456) 859,359  Total liabilities and stockholders’ equity $ 1,913,970 $ 2,021,815 $ 145,926 $ (1,827,456) $ 2,254,255     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  Deferred tax liability — — — — —  Notes payable 773,963 2,320 — — 776,283  Revolving line of credit — — — — —  Mortgage repurchase facilities — — 48,319 — 48,319  Total liabilities 807,229 142,447 50,113 — 999,789  Stockholders’ equity: 735,233 1,421,595 13,024 (1,434,619) 735,233  Total liabilities and stockholders’ equity $ 1,542,462 $ 1,564,042 $ 63,137 $ (1,434,619) $ 1,735,022 
Supplemental Condensed Consolidated Statement Of Operations	  Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2018 (in thousands)   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries CCS  Revenues  Homebuilding revenues  Home sales revenues $ — $ 2,110,058 $ — $ — $ 2,110,058  Land sales and other revenues — 5,631 — — 5,631  — 2,115,689 — — 2,115,689  Financial services revenue — — 31,724 — 31,724  Total revenues — 2,115,689 31,724 — 2,147,413  Homebuilding cost of revenues  Cost of homes sales revenues — (1,741,619) — — (1,741,619)  Cost of land sales and other revenues — (3,832) — — (3,832)  — (1,745,451) — — (1,745,451)  Financial services costs — — (22,958) — (22,958)  Selling, general and administrative (70,578) (193,403) — — (263,981)  Acquisition expense (437) — — — (437)  Equity in earnings from consolidated subsidiaries 138,746 — — (138,746) —  Equity in income of unconsolidated subsidiaries 14,849 — — — 14,849  Other income (expense) (299) (606) — — (905)  Income before income tax expense 82,281 176,229 8,766 (138,746) 128,530  Income tax expense 14,174 (44,057) (2,192) — (32,075)  Net income $ 96,455 $ 132,172 $ 6,574 $ (138,746) $ 96,455    Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2017 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 1,405,443 $ — $ — $ 1,405,443  Land sales and other revenues — 8,503 — — 8,503  — 1,413,946 — — 1,413,946  Financial services revenue — — 9,853 — 9,853  Total revenues — 1,413,946 9,853 — 1,423,799  Homebuilding cost of revenues  Cost of homes sales revenues — (1,153,359) — — (1,153,359)  Cost of land sales and other revenues — (6,516) — — (6,516)  — (1,159,875) — — (1,159,875)  Financial services costs — — (8,664) — (8,664)  Selling, general and administrative (49,072) (127,232) — — (176,304)  Acquisition expense (9,905) — — — (9,905)  Equity in earnings from consolidated subsidiaries 84,425 — — (84,425) —  Equity in income from unconsolidated subsidiaries 12,176 — — — 12,176  Other income (expense) 1,080 1,820 37 — 2,937  Income before income tax expense 38,704 128,659 1,226 (84,425) 84,164  Income tax expense 11,591 (45,031) (429) — (33,869)  Net income $ 50,295 $ 83,628 $ 797 $ (84,425) $ 50,295      Supplemental Condensed Consolidated Statement of Operations  For the Year Ended December 31, 2016 ( in thousands )   Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Revenues  Homebuilding revenues  Home sales revenues $ — $ 978,733 $ — $ — $ 978,733  Land sales and other revenues — 15,707 — — 15,707  — 994,440 — — 994,440  Financial services revenue — — — — —  Total revenues — 994,440 — — 994,440  Homebuilding cost of revenues  Cost of homes sales revenues — (786,127) — — (786,127)  Cost of land sales and other revenues — (14,217) — — (14,217)  — (800,344) — — (800,344)  Financial services costs — — — — —  Selling, general and administrative (25,674) (96,235) (315) — (122,224)  Acquisition expense (490) — — — (490)  Equity in earnings from consolidated subsidiaries 64,297 — — (64,297) —  Equity in income from unconsolidated subsidiaries 191 — — — 191  Other income (expense) 34 1,542 — — 1,576  Income before income tax expense 38,358 99,403 (315) (64,297) 73,149  Income tax expense 11,182 (34,791) — — (23,609)  Net income $ 49,540 $ 64,612 $ (315) $ (64,297) $ 49,540 
Supplemental Condensed Consolidated Statement Of Cash Flows	   Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2018 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (74,074) $ (71,532) $ (49,972) $ — $ (195,578)  Net cash used in investing activities $ (98,523) $ (170,862) $ (461) $ 226,310 $ (43,536)  Financing activities  Borrowings under revolving credit facilities $ 721,000 $ — $ — $ — $ 721,000  Payments on revolving credit facilities (518,500) — — — (518,500)  Net proceeds on mortgage repurchase facility — — 56,236 — 56,236  Proceeds from insurance notes payable — 11,839 — — 11,839  Extinguishments of debt assumed in business combination (94,231) — — — (94,231)  Principal payments on notes payable (9) (5,362) — — (5,371)  Debt issuance costs (3,642) — — — (3,642)  Issuance of common stock - taxes for vesting (5,484) — — — (5,484)  Repurchases of common stock under our stock repurchase program 30,947 — — — 30,947  Repurchases of common stock upon vesting of stock based compensation (10,952) — — — (10,952)  Payments from (and advances to) parent/subsidiary (583) 211,879 15,014 (226,310) —  Net cash provided by (used in) financing activities $ 118,546 $ 218,356 $ 71,250 $ (226,310) $ 181,842  Net increase (decrease) $ (54,051) $ (24,038) $ 20,817 $ — $ (57,272)   Cash and cash equivalents and restricted cash  Beginning of period $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713  End of period $ 2,183 $ 4,006 $ 30,252 $ — $ 36,441   Cash and cash equivalents $ 2,183 $ 2,101 $ 28,618 $ — $ 32,902  Restricted Cash — 1,905 1,634 — 3,539  Cash and cash equivalents and restricted cash $ 2,183 $ 4,006 $ 30,252 $ — $ 36,441    Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2017 ( in thousands )  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash provided by/(used in) operating activities $ (27,787) $ (33,169) $ (50,316) $ — $ (111,272)  Net cash used in investing activities $ (456,299) $ (118,583) $ (513) $ 440,949 $ (134,446)  Financing activities —  Borrowings under revolving credit facilities $ 175,000 $ — $ — $ — $ 175,000  Payments on revolving credit facilities (370,000) — — — (370,000)  Proceeds from issuance of senior notes 527,500 — — — 527,500  Proceeds from insurance notes payable — 2,320 — — 2,320  Extinguishments of debt assumed in business combination — (151,919) — — (151,919)  Principal payments on notes payable — (6,998) — — (6,998)  Debt issuance costs (8,579) — — — (8,579)  Repurchases of common stock upon vesting of restricted stock awards (5,231) — — — (5,231)  Payments from (and advances to) parent/subsidiary 108,930 326,242 5,777 (440,949) —  Net proceeds from mortgage repurchase facilities — — 48,320 — 48,320  Net proceeds from issuances of common stock 98,063 — — — 98,063  Net cash provided by financing activities 525,683 $ 169,645 $ 54,097 $ (440,949) 308,476  Net increase (decrease) 41,597 $ 17,893 $ 3,268 $ — 62,758   Cash and cash equivalents and restricted cash $  Beginning of period $ 14,637 $ 10,151 $ 6,167 $ — $ 30,955  End of period 56,234 $ 28,044 $ 9,435 $ — 93,713   Cash and cash equivalents $ 56,234 $ 23,399 $ 9,199 $ — $ 88,832  Restricted Cash — 4,645 236 — 4,881  Cash and cash equivalents and Restricted cash $ 56,234 $ 28,044 $ 9,435 $ — $ 93,713       Supplemental Condensed Consolidated Statement of Cash Flows  For the Year Ended December 31, 2016 (in thousands)  Guarantor Non Guarantor Elimination Consolidated  Century Subsidiaries Subsidiaries Entries Century  Net cash used in operating activities $ (16,138) (27,978) (575) — (44,691)  Net cash used in investing activities (58,032) (5,585) (23) 40,439 (23,201)  Financing activities  Borrowings under revolving credit facilities $ 220,000 — — — 220,000  Payments on revolving credit facilities (160,000) — — — (160,000)  Proceeds from issuance of senior notes — — — — —  Proceeds from insurance premium notes and other — 11,612 — — 11,612  Repurchases of common stock under our stock repurchase program (2,393) — — — (2,393)  Principal payments on notes payable — (9,217) — — (9,217)  Debt issuance costs (1,156) — — — (1,156)  Repurchases of common stock upon vesting of restricted stock awards (1,015) — — — (1,015)  Payments from (and advances to) parent/subsidiary — 33,674 6,765 (40,439) —  Net proceeds from mortgage credit facility — — — — —  Net proceeds from issuances of common stock 11,369 — — — 11,369  Net cash provided by financing activities $ 66,805 36,069 6,765 (40,439) 69,200  Net decrease in cash and cash equivalents $ (7,365) 2,506 6,167 — 1,308  Cash and cash equivalents  Beginning of period $ 22,002 7,645 — — 29,647  End of period $ 14,637 10,151 6,167 — 30,955   Cash and cash equivalents 14,637 8,646 6,167 — 29,450  Restricted Cash — 1,505 — — 1,505  Cash and cash equivalents and restricted cash 14,637 10,151 6,167 — 30,955 

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies (Narrative) (Details) $ / shares in Units, shares in Thousands, $ in Thousands	Jun. 14, 2018USD ($)	Aug. 04, 2017USD ($)$ / sharesshares	Dec. 31, 2018USD ($)segment	Dec. 31, 2017USD ($)	Jan. 01, 2019USD ($)
Summary of Significant Accounting Policies [Line Items]
Number of operating segments | segment			5
Business combination net of acquired cash			$ 28,036	$ 130,047
Allowance for doubtful accounts receivable			0	0
Earnest money deposits			14,000	14,100
Impairment of real estate inventory			800	800
Forfeited deposits			1,500
Other income, land sales to third parties			7,700
Cost of land dispositions			7,800
Deferred revenue, related to unsatisfied performance obligations			2,300
Deferred costs, related to unsatisfied performance obligations			1,700
Non-refundable cash deposits			42,600	18,900
Reclassification of costs from inventory to property and equipment			2,300
Decrease retained earnings			600
Earnest money deposits			13,990	14,077
Mortgage loans held for sale			114,074	52,327
Tax valuation allowance			0	0
Reserves for uncetain tax positions			0	0
Goodwill impairment			0	0
Inspire [Member]
Summary of Significant Accounting Policies [Line Items]
Mortgage loans in process			26,200	10,000
Mortgage loans held for sale			114,100	52,300
Mortgage loans held for sale aggregate outstanding principal balance			$ 108,000	$ 50,400
UCP, Inc [Member]
Summary of Significant Accounting Policies [Line Items]
Conversion of stock, ratio		0.2309%
Business combination net of acquired cash		$ 100,150
Wade Jurney Homes [Member]
Summary of Significant Accounting Policies [Line Items]
Ownership interest	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
Minimum [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Asset					$ 16,000
Operating Lease, Liability					16,000
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated life of the community based			3 years
Maximum [Member] | Subsequent Event [Member]
Summary of Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Asset					19,000
Operating Lease, Liability					$ 19,000
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]
Conversion of stock, ratio		0.2309%
Shares issued in connection to merger | shares		4,176

Nature of Operations and Summ_5

Nature of Operations and Summary of Significant Accounting Policies (Schedule Of Estimated Lives Of Property Plant And Equipment) (Details)	12 Months Ended
	Dec. 31, 2018
Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	2 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	3 years
Buildings And Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	3 years
Buildings And Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	40 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	3 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	10 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	3 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	25 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	2 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	7 years
Model Furnishings [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	2 years
Model Furnishings [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	5 years
Computer Hardware and Software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	1 year
Computer Hardware and Software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated life of the community based	5 years

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting Policies (Schedule Of Amortizable Classification Of Intangible Assets) (Details)	12 Months Ended
	Dec. 31, 2018
Home Plans [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	7 years
Minimum [Member] | Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	2 years
Minimum [Member] | Home Construction Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	1 year
Minimum [Member] | Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	2 years
Minimum [Member] | Cell Phone Tower Lease [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years
Maximum [Member] | Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	10 years
Maximum [Member] | Home Construction Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	2 years
Maximum [Member] | Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years
Maximum [Member] | Cell Phone Tower Lease [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	20 years

Reporting Segments (Schedule Of

Reporting Segments (Schedule Of Total Revenue And Pretax Income By Segment) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018USD ($)state	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)statesegmentregion	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating states | state	15								15
Number of operating regions | region									4
Number of operating segments | segment									5
Total revenue									$ 2,147,413	$ 1,423,799	$ 994,440
Total income (loss) before income tax expense	$ 36,062	$ 22,859	$ 46,502	$ 23,107	$ 33,848	$ 15,156	$ 23,109	$ 12,051	128,530	84,164	73,149
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									459,254	210,696
Total income (loss) before income tax expense									38,380	14,640
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									701,985	616,517	504,293
Total income (loss) before income tax expense									89,048	75,704	66,613
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									213,508	165,170	147,006
Total income (loss) before income tax expense									13,682	10,952	2,686
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									530,891	421,563	343,141
Total income (loss) before income tax expense									$ 33,267	29,662	31,138
Wade Jurney Homes [Member]
Segment Reporting Information [Line Items]
Number of operating states | state	9								9
Wade Jurney Homes [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									$ 210,051
Total income (loss) before income tax expense									(754)
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									31,724	9,853
Total income (loss) before income tax expense									8,766	1,225
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue
Total income (loss) before income tax expense									$ (53,859)	$ (48,019)	$ (27,288)

Reporting Segments (Schedule _2

Reporting Segments (Schedule Of Total Assets By Segment) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total assets	$ 2,254,255	$ 1,735,022
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	502,381	394,215
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	621,757	571,880
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	209,550	192,078
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	448,681	401,618
Wade Jurney Homes [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	204,925
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	146,710	63,137
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	$ 120,251	$ 112,094

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) $ / shares in Units, $ in Thousands	Jun. 14, 2018USD ($)	Aug. 17, 2017USD ($)	Aug. 04, 2017USD ($)item$ / sharesshares	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Jun. 14, 2018USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Oct. 31, 2017USD ($)	Nov. 01, 2016
Business Combinations [Line Items]
Expense related to refinements of estimated fair value of inventories													$ 1,500
Acquisition expense													437	$ 9,905	$ 490
Proceeds from divestiture of businesses														17,074
Revenues													2,147,413	1,423,799	994,440
Equity in income of unconsolidated subsidiaries												$ 14,800	14,849	12,176	191
Income before income tax expense				$ 36,062	$ 22,859	$ 46,502	$ 23,107	$ 33,848	$ 15,156	$ 23,109	$ 12,051		128,530	$ 84,164	$ 73,149
UCP, Inc [Member]
Business Combinations [Line Items]
Cash paid per share | $ / shares			$ 5.32
Conversion of stock, ratio			0.2309%
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
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
Goodwill amount expected to be tax deductible				$ 5,400									$ 5,400
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] | BMCH South Carolina, LLC [Member]
Business Combinations [Line Items]
Proceeds from divestiture of businesses		$ 17,100
UCP, Inc [Member] | Restricted Stock Units [Member]
Business Combinations [Line Items]
Conversion of stock, shares | shares			200,000
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											9,464
Acquisition expense													$ 400
Total consideration in cash and equity	73,125											$ 73,125
Business combination, purchase price	$ 37,500
Ownership interest	50.00%											50.00%
Previously held equity interest	$ 35,625
Estimated discount for lack of control													1,900
Revenues													210,100
Equity in income of unconsolidated subsidiaries													7,200
Income before income tax expense													$ (800)
Wade Jurney Homes [Member]
Business Combinations [Line Items]
Ownership subsidiary				100.00%									100.00%
Trade Names [Member] | Wade Jurney Homes [Member]
Business Combinations [Line Items]
Estimated fair value													$ 3,300
Amortization period													10 years
Non-Compete Agreements [Member] | Wade Jurney Homes [Member]
Business Combinations [Line Items]
Estimated fair value													$ 300
Amortization period													2 years
Century Common Stock [Member] | UCP, Inc [Member]
Business Combinations [Line Items]
Conversion of stock, ratio			0.2309%
Shares issued in connection to merger | shares			4,176,000
WJH [Member]
Business Combinations [Line Items]
Ownership interest	50.00%											50.00%					50.00%

Business Combinations (Summary

Business Combinations (Summary Of Total Consideration) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Aug. 04, 2017	Dec. 31, 2018	Dec. 31, 2017	Aug. 03, 2017
Total cash consideration		$ 28,036	$ 130,047
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
Total replacement award value	$ 1,149
Total equity consideration	108,886
Total consideration in cash and equity	209,036
UCP, Inc [Member] | Common Stock [Member]
Consideration attributable to common stock	$ 107,737
Century Common Stock [Member] | UCP, Inc [Member]
Exchange ratio	0.2309%
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	Dec. 31, 2018	Jun. 14, 2018	Dec. 31, 2017	Oct. 31, 2017	Aug. 04, 2017
Assets acquired and liabilities assumed
Goodwill	$ 30,395		$ 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		3,600
Goodwill		3,317
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) - UCP, Sundquist Homes, And WJH [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Total revenues	$ 2,297,804	$ 1,990,577	$ 1,403,514
Income before tax expense	148,245	111,038	85,896
Tax expense	(37,061)	(31,753)	(17,848)
Net income	111,184	79,285	68,048
Less: Undistributed earnings allocated to participating securities	(68)	(517)	(1,204)
Numerator for basic and diluted pro forma EPS	$ 111,116	$ 78,768	$ 66,844
Pro forma weighted average shares-basic	30,084,913	28,456,725	24,855,043
Pro forma weighted average shares-diluted	30,391,346	28,760,635	24,967,791
Pro forma basic EPS	$ 3.69	$ 2.77	$ 2.69
Pro forma diluted EPS	$ 3.66	$ 2.74	$ 2.68

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Inventory [Abstract]
Homes under construction	$ 1,073,682	$ 869,554
Land and land development	720,719	479,038
Capitalized interest	53,842	41,762	$ 28,935	$ 21,533
Total inventories	$ 1,848,243	$ 1,390,354

Financial Services (Narrative)

Financial Services (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Financial Services [Line Items]
Mortgage loans held for sale	$ 114,074	$ 52,327
Inspire [Member]
Financial Services [Line Items]
Mortgage loans in process	26,200	10,000
Mortgage loans held for sale	114,100	52,300
Mortgage loans held for sale aggregate outstanding principal balance	$ 108,000	$ 50,400
Inspire [Member] | Weighted Average [Member]
Financial Services [Line Items]
Interest rate	4.70%	4.20%

Amortizable Intangible Assets_2

Amortizable Intangible Assets (Schedule Of Amortizable Intangible Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	$ 10,837	$ 7,237
Accumulated amortization	(5,742)	(4,299)
Intangible assets, net	5,095	2,938
Amortization expense	1,400	1,300	$ 1,900
Total write off depreciated amortizable intangible assets and related accumulated amortization		1,800
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	3,300
Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	5,365	5,065
Cell Phone Tower Lease [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	1,408	1,408
Home Plans [Member]
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	$ 764	$ 764

Amortizable Intangible Assets_3

Amortizable Intangible Assets (Schedule Of Future Amortization Expense) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Amortizable Intangible Assets [Abstract]
2,019	$ 1,245
2,020	571
2,021	443
2,022	403
2,023	403
Thereafter	2,030
Intangible assets, net	$ 5,095	$ 2,938

Property and Equipment - (Sched

Property and Equipment - (Schedule Of Property And Equipment) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment	$ 55,087	$ 42,217
Less accumulated depreciation	(21,829)	(14,306)
Total property and equipment, net	33,258	27,911
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	3,289	3,167
Buildings And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	3,095	2,069
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	1,882	991
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	11,110	10,334
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	3,349	1,938
Model Furnishings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	24,118	16,113
Computer Hardware and Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 8,244	$ 7,605

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets (Schedule Of Prepaid Expenses And Other Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Prepaid Expenses and Other Assets [Abstract]
Prepaid insurance	$ 20,226	$ 6,549
Lot option and escrow deposits	51,038	35,700
Performance deposits	4,552	3,295
Deferred financing costs revolving line of credit, net	4,155	1,795
Restricted cash	3,539	4,881
Secured notes receivable	4,947	2,753
Insurance receivable and other	50,260	5,839
Total prepaid expenses and other assets	$ 138,717	$ 60,812

Investment in Unconsolidated _3

Investment in Unconsolidated Subsidiaries (Narrative) (Details) - USD ($) $ in Thousands	5 Months Ended	12 Months Ended
	Jun. 14, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Nov. 01, 2016
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated subsidiaries			$ 28,208
Equity in income of unconsolidated subsidiaries	$ 14,800	$ 14,849	12,176	$ 191
Capital contributions to unconsolidated subsidiaries			4,000	$ 17,000
Operating distributions from unconsolidated subsidiaries	$ 7,400	$ 7,432	5,243
WJH [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest	50.00%				50.00%
Investment in unconsolidated subsidiaries	$ 37,500				$ 15,000
Outside basis			5,400
WJH [Member] | Goodwill [Member]
Schedule of Equity Method Investments [Line Items]
Outside basis			4,400
WJH [Member] | Intangible Assets [Member]
Schedule of Equity Method Investments [Line Items]
Amortization period		10 years
WJH [Member] | Trade Names [Member]
Schedule of Equity Method Investments [Line Items]
Outside basis			$ 1,100
Formation [Member]
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated subsidiaries					3,000
Formation [Member] | WJH [Member]
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated subsidiaries					$ 3,000
Wade Jurney Homes [Member]
Schedule of Equity Method Investments [Line Items]
Ownership subsidiary		100.00%

Investment in Unconsolidated _4

Investment in Unconsolidated Subsidiaries (Schedule of Unaudited Selected Financial Information) (Details) - WJH [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Inventories	$ 101,649
Total assets	136,531
Total liabilities	91,002
Partners' capital	45,529
Homebuilding revenues	271,653
Income before income tax expense	$ 26,185

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities (Schedule Of Accrued Expenses And Other Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accrued Expenses and Other Liabilities [Abstract]
Earnest money deposits	$ 13,990	$ 14,077
Warranty reserve	7,970	8,531	$ 2,479	$ 2,622
Accrued compensation costs	29,770	22,129
Land development and home construction accruals	77,748	61,918
Accrued interest	15,636	14,435
Income taxes payable		851
Liability for product financing arrangement and other	68,043	28,415
Total accrued expenses and other liabilities	$ 213,157	$ 150,356

Warranties (Schedule Of Changes

Warranties (Schedule Of Changes In Warranty Accrual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Warranties [Abstract]
Beginning balance	$ 8,531	$ 2,479	$ 2,622
Warranty reserves assumed in business combination	397	5,327
Warranty expense provisions	6,686	4,709	2,873
Payments	(4,204)	(2,526)	(1,610)
Warranty adjustment	(3,440)	(1,458)	(1,406)
Ending balance	$ 7,970	$ 8,531	$ 2,479

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($)

Jun. 05, 2018

Dec. 31, 2017

May 31, 2017

Apr. 30, 2017

Jan. 31, 2017

Oct. 31, 2015

Apr. 30, 2015

Feb. 28, 2015

May 31, 2014

Dec. 31, 2018

Dec. 31, 2017

Dec. 20, 2018

Dec. 19, 2018

Jun. 28, 2018

Debt Instrument [Line Items]

Line of credit facility, outstanding amount

$ 202,500,000

Mortgage repurchase facilities

$ 48,319,000

104,555,000

$ 48,319,000

Land development notes, outstanding

2,300,000

2,300,000

2,300,000

Insurance premium notes, outstanding

0

6,500,000

0

5.875% Senior Notes, outstanding

394,725,000

395,415,000

394,725,000

6.875% Senior Notes, outstanding

379,238,000

380,567,000

379,238,000

Initial Senior Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 200,000,000

Net proceeds from issuance of senior debt

$ 193,300,000

Discount rate

99.239%

Maturity year

2,022

Initial Exchange Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 200,000,000

Interest rate

6.875%

Maturity year

2,022

April 2015 Senior Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 60,000,000

Net proceeds from issuance of senior debt

$ 58,500,000

Interest rate

6.875%

Discount rate

98.26%

Maturity year

2,022

October 2015 Exchange Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 60,000,000

Interest rate

6.875%

Maturity year

2,022

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

387,500,000

Line of credit facility, outstanding amount

202,500,000

Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Maximum [Member] | Texas Capital Bank [Member]

Debt Instrument [Line Items]

Line of credit facility. maximum borrowing capacity

$ 540,000,000

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

Mortgage Repurchase Facilities - Financial Services [Member] | Comerica Bank And J.P. Morgan [Member]

Debt Instrument [Line Items]

Mortgage repurchase facilities

104,600,000

Incurred interest expense

1,400,000

200,000

Mortgage Repurchase Facilities - Financial Services [Member] | Inspire [Member] | J.P. Morgan Chase Bank [Member]

Debt Instrument [Line Items]

Principal amount

$ 20,000,000

Mortgage Repurchase Facilities - Financial Services [Member] | Maximum [Member] | Inspire [Member] | Comerica Bank And J.P. Morgan [Member]

Debt Instrument [Line Items]

Principal amount

160,000,000

$ 140,000,000

January 2017 Senior Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 125,000,000

Net proceeds from issuance of senior debt

$ 125,400,000

Interest rate

6.875%

Discount rate

102.00%

Maturity year

2,022

April 2017 Exchange Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 125,000,000

Interest rate

6.875%

Maturity year

2,022

May 2017 Senior Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 400,000,000

Net proceeds from issuance of senior debt

$ 395,500,000

Interest rate

5.875%

Discount rate

100.00%

Maturity year

2,025

December 2017 Exchange Notes [Member]

Debt Instrument [Line Items]

Principal amount

$ 400,000,000

$ 400,000,000

Interest rate

5.875%

5.875%

Maturity year

2,025

May 2017 Senior Notes And December 2017 Exchange Notes [Member]

Debt Instrument [Line Items]

5.875% Senior Notes, outstanding

395,400,000

5.875% Senior Notes [Member]

Debt Instrument [Line Items]

Maturity date

2025-07

Existing 6.875% Notes [Member]

Debt Instrument [Line Items]

6.875% Senior Notes, outstanding

$ 380,600,000

Debt (Schedule Of Outstanding D

Debt (Schedule Of Outstanding Debt Obligations) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt [Abstract]
6.875% senior notes, due May 2022	$ 380,567	$ 379,238
5.875% senior notes, due July 2025	395,415	394,725
Other financing obligations	8,795	2,320
Notes payable	784,777	776,283
Revolving line of credit, due April 2022	202,500
Mortgage repurchase facilities	104,555	48,319
Total debt (Carrying amount)	$ 1,091,832	$ 824,602

Debt (Schedule Of Aggregate Ann

Debt (Schedule Of Aggregate Annual Maturities Of Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt [Abstract]
2,019	$ 113,350
2,020
2,021
2,022	587,500
2,023
Thereafter	400,000
Total	1,100,850
Less: Discount and deferred financing costs, net on senior notes	(9,018)
Total debt (Carrying amount)	$ 1,091,832	$ 824,602

Interest (Schedule Of Capitaliz

Interest (Schedule Of Capitalized Interest Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest [Abstract]
Interest capitalized beginning of period	$ 41,762	$ 28,935	$ 21,533
Interest capitalized during period	60,772	45,725	26,904
Less: capitalized interest in cost of sales	(48,692)	(32,898)	(19,502)
Interest capitalized end of period	$ 53,842	$ 41,762	$ 28,935

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 22, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Examination [Line Items]
Effective tax rate		21.00%	35.00%	35.00%
Blended state and federal statutary rate	24.00%
Deferred tax asset		$ 18,482	$ 11,895
Tax valuation allowance		0	0
Reserves for uncetain tax positions		0	0
Remeasurement of deferred tax assets		1,548	2,790
Income tax expense		$ 32,075	$ 33,869	$ 23,609
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%

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
Federal	$ 27,815	$ 29,241	$ 19,417
State and local	8,415	3,954	2,685
Total current	36,230	33,195	22,102
Federal	(3,182)	920	1,357
State and local	(973)	(246)	150
Total deferred	(4,155)	674	1,507
Income tax expense	$ 32,075	$ 33,869	$ 23,609

Income Taxes (Schedule Of Compo

Income Taxes (Schedule Of Components Of Income Tax Expense By Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
Statutory income tax expense	$ 26,991	$ 29,469	$ 25,602
State income tax expense, net of federal income tax expense	4,847	3,596	1,954
Domestic production activities deduction		(2,513)	(2,146)
Executive compensation	2,760
Excess tax benefits upon vesting of share-based payment awards	(1,276)
Remeasurement of deferred tax assets	1,548	2,790
Federal energy credits	(2,426)		(1,944)
Other permanent items		248	221
Other adjustments		279
Other adjustments	(369)		(78)
Income tax expense	$ 32,075	$ 33,869	$ 23,609

Income Taxes (Schedule Of Defer

Income Taxes (Schedule Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Abstract]
Warranty reserves	$ 1,944	$ 1,848
Amortizable intangible assets	1,127
Stock based compensation	3,055	1,629
Accrued compensation and other	5,075	574
Inventories, additional costs capitalized for tax	7,281	7,844
Deferred tax asset	18,482	11,895
Prepaid expenses	1,133	148
Property and equipment	3,586	4,276
Amortizable intangible assets		1,280
Accrued expenses		636
Deferred tax liabiliy	4,719	6,340
Net deferred tax asset	$ 13,763	$ 5,555

Fair Value Disclosures (Schedul

Fair Value Disclosures (Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale		$ 114,074	$ 52,327
Level 2 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	4,947	2,753
Mortgage loans held for sale	[2]	114,074	52,327
6.875% senior notes	[3]	380,567	379,238
5.875% senior notes	[3]	395,415	394,725
3.278 insurance premium notes	[4]	6,475
Other financing obligation	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	104,555	48,319
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable	[1]	4,830	2,727
Mortgage loans held for sale	[2]	114,074	52,327
6.875% senior notes	[3]	367,618	397,044
5.875% senior notes	[3]	351,414	400,225
3.278 insurance premium notes	[4]	6,475
Other financing obligation	[4]	2,320	2,320
Mortgage repurchase facilities	[4]	104,555	$ 48,319
Level 3 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving line of credit	[4]	202,500
Level 3 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving line of credit	[4]	$ 202,500
[1]	Estimated fair value of the secured notes received was based on cash flow models discounted at market interest rates that considered the underlying risks of the note.
[2]	The mortgage loans held for sale are carried at fair value as of December 31, 2018 and 2017, 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.

Operating Leases (Narrative) (D

Operating Leases (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating Leases [Abstract]
Rent expense	$ 3.2	$ 2.3	$ 1.4

Operating Leases (Schedule Of F

Operating Leases (Schedule Of Future Minimum Lease Payments) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Operating Leases [Abstract]
2,019	$ 5,411
2,020	5,106
2,021	4,281
2,022	2,888
2,023	2,374
Thereafter	1,706
Total	$ 21,766

Post-Retirement Plan (Narrative

Post-Retirement Plan (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Post-Retirement Plan [Abstract]
Matching contribution, percentage	50.00%
Employer contribution, percet of employee's gross pay	6.00%
Contribution, amount	$ 1.9	$ 1	$ 0.4

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 13.7	$ 9.5	$ 6.7
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]
Restricted stock 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

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarizes Of Restricted Stock Award Activity) (Details) - Restricted Stock Units And Restricted Common Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Outstanding, beginning of year (shares)	834	852	696
Granted (shares)	592	460	514
Vested (shares)	(491)	(452)	(297)
Forfeited (shares)	(89)	(26)	(61)
Outstanding, end of year (shares)	846	834	852
Outstanding, beginning of year (Weighted average per share grant date fair value)	$ 18.16	$ 15.81	$ 18.18
Granted (Weighted average per share grant date fair value)	29.86	21.64	14.28
Vested (Weighted average per share grant date fair value)	18.02	17.19	18.65
Forfeited (Weighted average per share grant date fair value)	22.44	19.63	16.05
Outstanding, end of year (Weighted average per share grant date fair value)	$ 25.14	$ 18.16	$ 15.81

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of Outstanding Restricted Stock And Performance Stock Units) (Details) - Restricted Stock Units And Performance Share Units [Member] shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested awards/units | shares	846
Unrecognized compensation cost | $	$ 9,472
Period to recognize compensation cost	1 year 9 months 18 days

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 03, 2018	Aug. 09, 2017	Nov. 07, 2016	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Nov. 30, 2018
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				30,154,791	30,154,791	29,502,624
Common stock shares outstanding				30,154,791	30,154,791	29,502,624
Common stock shares issued related to vesting of RSUs					300,000
Net proceeds from issuances of common stock					$ 30,947	$ 98,063	$ 11,369
Number of shares authorized to be repurchased								4,500,000
Common stock shares repurchased, shares				604,061
Common stock shares repurchased, value				$ 11,000	$ 10,952		$ 2,393
Common Stock [Member]
Class of Stock [Line Items]
Common stock shares repurchased, shares					604,000		159,000
Common stock shares repurchased, value					$ 6		$ 2
First Amended And Restated 2013 Long-Term Incentive Plan [Member]
Class of Stock [Line Items]
Common stock shares for stock award issuance				1,800,000	1,800,000
2017 Incentive Plan [Member]
Class of Stock [Line Items]
Common stock shares for stock award, available for issuance				900,000	900,000	1,200,000
Common stock shares rolled into plan				600,000	600,000
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
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					1,100,000	3,700,000
Net proceeds from issuances of common stock					$ 31,700	$ 98,100
Comissions and fees paid to Sales Agents					$ 700	$ 2,000

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Anti-dilutive shares related to PSU's granted	0.3	0	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								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Numerator
Net income	$ 26,195	$ 17,048	$ 33,193	$ 20,019	$ 17,195	$ 9,470	$ 14,831	$ 8,799	$ 96,455	$ 50,295	$ 49,540
Less: Undistributed earnings allocated to participating securities									(59)	(384)	(1,050)
Net income allocable to common stockholders									$ 96,396	$ 49,911	$ 48,490
Denominator
Weighted average common shares outstanding - basic									30,084,913	24,280,871	20,679,189
Dilutive effect of restricted stock units									306,433	274,638	112,748
Weighted average common shares outstanding - diluted									30,391,346	24,555,509	20,791,937
Earnings per share:
Basic	$ 0.85	$ 0.56	$ 1.11	$ 0.68	$ 0.61	$ 0.37	$ 0.67	$ 0.40	$ 3.20	$ 2.06	$ 2.34
Diluted	$ 0.85	$ 0.56	$ 1.10	$ 0.67	$ 0.60	$ 0.37	$ 0.66	$ 0.40	$ 3.17	$ 2.03	$ 2.33

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Commitments and Contingencies [Abstract]
Outstanding letters of credit and performance bonds	$ 289.8	$ 158.6

Results of Quarterly Operatio_3

Results of Quarterly Operations (Schedule Of Quarterly Financial Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues									$ 2,147,413	$ 1,423,799	$ 994,440
Income before income tax expense	$ 36,062	$ 22,859	$ 46,502	$ 23,107	$ 33,848	$ 15,156	$ 23,109	$ 12,051	128,530	84,164	73,149
Net income	$ 26,195	$ 17,048	$ 33,193	$ 20,019	$ 17,195	$ 9,470	$ 14,831	$ 8,799	$ 96,455	$ 50,295	$ 49,540
Basic earnings per share	$ 0.85	$ 0.56	$ 1.11	$ 0.68	$ 0.61	$ 0.37	$ 0.67	$ 0.40	$ 3.20	$ 2.06	$ 2.34
Diluted earnings per share	$ 0.85	$ 0.56	$ 1.10	$ 0.67	$ 0.60	$ 0.37	$ 0.66	$ 0.40	$ 3.17	$ 2.03	$ 2.33
Home Sales [Member]
Revenues	$ 640,187	$ 552,876	$ 522,164	$ 394,831	$ 516,500	$ 374,935	$ 287,588	$ 226,420	$ 2,110,058	$ 1,405,443	$ 978,733
Gross margin from home sales revenues	$ 105,492	$ 92,732	$ 94,967	$ 75,248	$ 90,718	$ 63,570	$ 53,700	$ 44,096

Supplemental Guarantor Inform_3

Supplemental Guarantor Information (Narrative) (Details)	Dec. 31, 2018
May 2014 Indenture [Member]
Debt Instrument [Line Items]
Interest rate	6.875%
May 2017 Indenture [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	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 32,902	$ 88,832	$ 29,450
Cash held in escrow	24,344	37,723
Accounts receivable	13,464	12,999
Inventories	1,848,243	1,390,354
Mortgage loans held for sale	114,074	52,327
Prepaid expenses and other assets	138,717	60,812
Deferred tax assets, net	13,763	5,555
Property and equipment, net	33,258	27,911
Investment in unconsolidated subsidiaries		28,208
Amortizable intangible assets, net	5,095	2,938
Goodwill	30,395	27,363
Total assets	2,254,255	1,735,022
Liabilities:
Accounts payable	89,907	24,831
Accrued expenses and other liabilities	213,157	150,356
Notes payable	784,777	776,283
Revolving line of credit	202,500
Mortgage repurchase facilities	104,555	48,319
Total liabilities	1,394,896	999,789
Stockholders' equity:	859,359	735,233	473,636	$ 409,479
Total liabilities and stockholders' equity	2,254,255	1,735,022
Century [Member]
Assets
Cash and cash equivalents	2,183	56,234	14,637
Accounts receivable	6,117	3,124
Investment in consolidated subsidiaries	1,827,456	1,434,619
Prepaid expenses and other assets	51,177	3,028
Deferred tax assets, net	13,763	5,555
Property and equipment, net	13,274	11,694
Investment in unconsolidated subsidiaries		28,208
Total assets	1,913,970	1,542,462
Liabilities:
Accounts payable	623	1,452
Accrued expenses and other liabilities	75,506	31,814
Notes payable	775,982	773,963
Revolving line of credit	202,500
Total liabilities	1,054,611	807,229
Stockholders' equity:	859,359	735,233
Total liabilities and stockholders' equity	1,913,970	1,542,462
Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	2,101	23,399	8,646
Cash held in escrow	24,344	37,088
Accounts receivable	7,424	9,944
Inventories	1,848,243	1,390,354
Prepaid expenses and other assets	85,224	57,273
Property and equipment, net	18,989	15,683
Amortizable intangible assets, net	5,095	2,938
Goodwill	30,395	27,363
Total assets	2,021,815	1,564,042
Liabilities:
Accounts payable	88,627	23,057
Accrued expenses and other liabilities	131,548	117,070
Notes payable	8,795	2,320
Total liabilities	228,970	142,447
Stockholders' equity:	1,792,845	1,421,595
Total liabilities and stockholders' equity	2,021,815	1,564,042
Non Guarantor Subsidiaries [Member]
Assets
Cash and cash equivalents	28,618	9,199	$ 6,167
Cash held in escrow		635
Accounts receivable	(77)	(69)
Mortgage loans held for sale	114,074	52,327
Prepaid expenses and other assets	2,316	511
Property and equipment, net	995	534
Total assets	145,926	63,137
Liabilities:
Accounts payable	657	322
Accrued expenses and other liabilities	6,103	1,472
Mortgage repurchase facilities	104,555	48,319
Total liabilities	111,315	50,113
Stockholders' equity:	34,611	13,024
Total liabilities and stockholders' equity	145,926	63,137
Elimination Entries [Member]
Assets
Investment in consolidated subsidiaries	(1,827,456)	(1,434,619)
Total assets	(1,827,456)	(1,434,619)
Liabilities:
Stockholders' equity:	(1,827,456)	(1,434,619)
Total liabilities and stockholders' equity	$ (1,827,456)	$ (1,434,619)

Supplemental Guarantor Inform_5

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended								5 Months Ended	12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 14, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues
Total revenues										$ 2,147,413	$ 1,423,799	$ 994,440
Selling, general and administrative										(263,981)	(176,304)	(122,224)
Acquisition expense										(437)	(9,905)	(490)
Equity in income of unconsolidated subsidiaries									$ 14,800	14,849	12,176	191
Other income (expense)										(905)	2,937	1,576
Income before income tax expense	$ 36,062	$ 22,859	$ 46,502	$ 23,107	$ 33,848	$ 15,156	$ 23,109	$ 12,051		128,530	84,164	73,149
Income tax expense										(32,075)	(33,869)	(23,609)
Net income	26,195	17,048	33,193	20,019	17,195	9,470	14,831	8,799		96,455	50,295	49,540
Century [Member]
Revenues
Selling, general and administrative										(70,578)	(49,072)	(25,674)
Acquisition expense										(437)	(9,905)	(490)
Equity in earnings from consolidated subsidiaries										138,746	84,425	64,297
Equity in income of unconsolidated subsidiaries										14,849	12,176	191
Other income (expense)										(299)	1,080	34
Income before income tax expense										82,281	38,704	38,358
Income tax expense										14,174	11,591	11,182
Net income										96,455	50,295	49,540
Guarantor Subsidiaries [Member]
Revenues
Total revenues										2,115,689	1,413,946	994,440
Selling, general and administrative										(193,403)	(127,232)	(96,235)
Other income (expense)										(606)	1,820	1,542
Income before income tax expense										176,229	128,659	99,403
Income tax expense										(44,057)	(45,031)	(34,791)
Net income										132,172	83,628	64,612
Non Guarantor Subsidiaries [Member]
Revenues
Total revenues										31,724	9,853
Selling, general and administrative												(315)
Other income (expense)											37
Income before income tax expense										8,766	1,226	(315)
Income tax expense										(2,192)	(429)
Net income										6,574	797	(315)
Elimination Entries [Member]
Revenues
Equity in earnings from consolidated subsidiaries										(138,746)	(84,425)	(64,297)
Income before income tax expense										(138,746)	(84,425)	(64,297)
Net income										(138,746)	(84,425)	(64,297)
Home Sales [Member]
Revenues
Total revenues	$ 640,187	$ 552,876	$ 522,164	$ 394,831	$ 516,500	$ 374,935	$ 287,588	$ 226,420		2,110,058	1,405,443	978,733
Cost of revenues										(1,741,619)	(1,153,359)	(786,127)
Home Sales [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues										2,110,058	1,405,443	978,733
Cost of revenues										(1,741,619)	(1,153,359)	(786,127)
Land Sales And Other [Member]
Revenues
Total revenues										5,631	8,503	15,707
Cost of revenues										(3,832)	(6,516)	(14,217)
Land Sales And Other [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues										5,631	8,503	15,707
Cost of revenues										(3,832)	(6,516)	(14,217)
Homebuilding [Member]
Revenues
Total revenues										2,115,689	1,413,946	994,440
Cost of revenues										(1,745,451)	(1,159,875)	(800,344)
Homebuilding [Member] | Guarantor Subsidiaries [Member]
Revenues
Total revenues										2,115,689	1,413,946	994,440
Cost of revenues										(1,745,451)	(1,159,875)	$ (800,344)
Financial Services [Member]
Revenues
Total revenues										31,724	9,853
Cost of revenues										(22,958)	(8,664)
Financial Services [Member] | Non Guarantor Subsidiaries [Member]
Revenues
Total revenues										31,724	9,853
Cost of revenues										$ (22,958)	$ (8,664)

Supplemental Guarantor Inform_6

Supplemental Guarantor Information (Supplemental Condensed Consolidated Statement Of Cash Flows) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	$ (195,578)	$ (111,272)	$ (44,691)
Net cash used in investing activities	(43,536)	(134,446)	(23,201)
Financing activities
Borrowings under revolving credit facilities	721,000	175,000	220,000
Payments on revolving credit facilities	(518,500)	(370,000)	(160,000)
Net proceeds from mortgage repurchase facilities	56,236	48,320
Proceeds from issuance of senior notes		527,500
Proceeds from insurance notes payable	11,839	2,320	11,612
Extinguishments of debt assumed in business combination	(94,231)	(151,919)
Principal payments on notes payable	(5,371)	(6,998)	(9,217)
Debt issuance costs	(3,642)	(8,579)	(1,156)
Repurchases of common stock upon vesting of restricted stock awards	(5,484)	(5,231)	(1,015)
Repurchases of common stock under our stock repurchase program	(10,952)		(2,393)
Net proceeds from issuances of common stock	30,947	98,063	11,369
Net cash provided by (used in) financing activities	181,842	308,476	69,200
Net increase (decrease)	(57,272)	62,758	1,308
Cash and cash equivalents and Restricted cash, Beginning of period	93,713	30,955	29,647
Cash and cash equivalents and Restricted cash, End of period	36,441	93,713	30,955
Cash and cash equivalents	32,902	88,832	29,450
Restricted Cash	3,539	4,881	1,505
Elimination Entries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in investing activities	226,310	440,949	40,439
Financing activities
Payments from (and advances to) parent/subsidiary	(226,310)	(440,949)	(40,439)
Net cash provided by (used in) financing activities	(226,310)	(440,949)	(40,439)
Century [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(74,074)	(27,787)	(16,138)
Net cash used in investing activities	(98,523)	(456,299)	(58,032)
Financing activities
Borrowings under revolving credit facilities	721,000	175,000	220,000
Payments on revolving credit facilities	(518,500)	(370,000)	(160,000)
Proceeds from issuance of senior notes		527,500
Extinguishments of debt assumed in business combination	(94,231)
Principal payments on notes payable	(9)
Debt issuance costs	(3,642)	(8,579)	(1,156)
Repurchases of common stock upon vesting of restricted stock awards	(5,484)	(5,231)	(1,015)
Repurchases of common stock under our stock repurchase program	(10,952)		(2,393)
Payments from (and advances to) parent/subsidiary	(583)	108,930
Net proceeds from issuances of common stock	30,947	98,063	11,369
Net cash provided by (used in) financing activities	118,546	525,683	66,805
Net increase (decrease)	(54,051)	41,597	(7,365)
Cash and cash equivalents and Restricted cash, Beginning of period	56,234	14,637	22,002
Cash and cash equivalents and Restricted cash, End of period	2,183	56,234	14,637
Cash and cash equivalents	2,183	56,234	14,637
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(71,532)	(33,169)	(27,978)
Net cash used in investing activities	(170,862)	(118,583)	(5,585)
Financing activities
Proceeds from insurance notes payable	11,839	2,320	11,612
Extinguishments of debt assumed in business combination		(151,919)
Principal payments on notes payable	(5,362)	(6,998)	(9,217)
Payments from (and advances to) parent/subsidiary	211,879	326,242	33,674
Net cash provided by (used in) financing activities	218,356	169,645	36,069
Net increase (decrease)	(24,038)	17,893	2,506
Cash and cash equivalents and Restricted cash, Beginning of period	28,044	10,151	7,645
Cash and cash equivalents and Restricted cash, End of period	4,006	28,044	10,151
Cash and cash equivalents	2,101	23,399	8,646
Restricted Cash	1,905	4,645	1,505
Non Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used in) operating activities	(49,972)	(50,316)	(575)
Net cash used in investing activities	(461)	(513)	(23)
Financing activities
Net proceeds from mortgage repurchase facilities	56,236	48,320
Payments from (and advances to) parent/subsidiary	15,014	5,777	6,765
Net cash provided by (used in) financing activities	71,250	54,097	6,765
Net increase (decrease)	20,817	3,268	6,167
Cash and cash equivalents and Restricted cash, Beginning of period	9,435	6,167
Cash and cash equivalents and Restricted cash, End of period	30,252	9,435	6,167
Cash and cash equivalents	28,618	9,199	$ 6,167
Restricted Cash	$ 1,634	$ 236