Century Communities (CCS) 10-K 3 Feb 22 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2021	Jan. 25, 2022	Jun. 30, 2021
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	001-36491
Entity Registrant Name	Century Communities, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	68-0521411
Entity Address, Address Line One	8390 East Crescent Parkway
Entity Address, Address Line Two	Suite 650
Entity Address, City or Town	Greenwood Village
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80111
City Area Code	303
Local Phone Number	770-8300
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	CCS
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2
Entity Common Stock, Shares Outstanding		33,764,801
Documents Incorporated by Reference	Part III of this Annual Report on Form 10-K incorporates by reference certain portions of the registrant’s definitive proxy statement for its 2022 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission not later than 120 days after the end of the fiscal year covered by this report.
Entity Central Index Key	0001576940
Auditor Name	Ernst & Young LLP
Auditor Location	Denver, Colorado
Auditor Firm ID	42

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 316,310	$ 394,001
Cash held in escrow	52,297	23,149
Accounts receivable	41,932	21,781
Inventories	2,456,614	1,929,664
Mortgage loans held for sale	353,063	282,639
Prepaid expenses and other assets	200,087	122,630
Property and equipment, net	24,939	28,384
Deferred tax assets, net	21,239	12,450
Goodwill	30,395	30,395
Total assets	3,496,876	2,845,093
Liabilities:
Accounts payable	84,679	107,712
Accrued expenses and other liabilities	316,877	302,751
Notes payable	998,936	894,875
Revolving line of credit
Mortgage repurchase facilities	331,876	259,050
Total liabilities	1,732,368	1,564,388
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, 33,760,940 and 33,350,633 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively	338	334
Additional paid-in capital	697,845	697,200
Retained earnings	1,066,325	583,171
Total stockholders' equity	1,764,508	1,280,705
Total liabilities and stockholders' equity	$ 3,496,876	$ 2,845,093

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
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	33,760,940	33,350,633
Common stock shares outstanding	33,760,940	33,350,633

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Total revenues	$ 4,216,314	$ 3,161,192	$ 2,535,911
Selling, general and administrative	(389,610)	(341,710)	(301,525)
Loss on debt extinguishment	(14,458)		(10,832)
Inventory impairment and other	(41)	(2,172)	(4,783)
Other income (expense)	(3,142)	(2,211)	(5,190)
Income before income tax expense	641,122	270,240	132,635
Income tax expense	(142,618)	(64,083)	(19,641)
Net income	$ 498,504	$ 206,157	$ 112,994
Earnings per share:
Basic	$ 14.79	$ 6.19	$ 3.66
Diluted	$ 14.47	$ 6.13	$ 3.62
Weighted average common shares outstanding:
Basic	33,706,782	33,312,554	30,886,382
Diluted	34,444,918	33,610,098	31,186,952
Homebuilding [Member]
Revenues
Total revenues	$ 4,092,576	$ 3,057,884	$ 2,492,649
Cost of revenues	(3,095,363)	(2,490,062)	(2,048,371)
Home Sales [Member]
Revenues
Total revenues	4,032,969	3,027,167	2,481,465
Cost of revenues	(3,056,048)	(2,468,133)	(2,040,241)
Land Sales And Other [Member]
Revenues
Total revenues	59,607	30,717	11,184
Cost of revenues	(39,315)	(21,929)	(8,130)
Financial Services [Member]
Revenues
Total revenues	123,738	103,308	43,262
Cost of revenues	$ (72,578)	$ (54,797)	$ (32,575)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Total
Beginning balance at Dec. 31, 2018	$ 302	$ 595,037	$ 264,020	$ 859,359
Beginning balance, shares at Dec. 31, 2018	30,155,000
Issuance of common stock, net	$ 27	79,025		79,052
Issuance of common stock, net, shares	2,717,000
Repurchase of common stock	$ (1)	(1,438)		$ (1,439)
Repurchase of common stock, shares	(83,000)			(83,000)
Vesting of restricted stock units	$ 4	(4)
Vesting of restricted stock units, shares	430,000
Withholding of common stock upon vesting of restricted stock units	$ (1)	(3,582)		(3,583)
Withholding of common stock upon vesting of restricted stock units, shares	(152,000)
Stock-based compensation expense		15,316		15,316
Net income			112,994	112,994
Ending balance at Dec. 31, 2019	$ 331	684,354	377,014	$ 1,061,699
Ending balance, shares at Dec. 31, 2019	33,067,000
Repurchase of common stock, shares
Vesting of restricted stock units	$ 5	(5)
Vesting of restricted stock units, shares	454,000
Withholding of common stock upon vesting of restricted stock units	$ (2)	(5,098)		(5,100)
Withholding of common stock upon vesting of restricted stock units, shares	(170,000)
Stock-based compensation expense		18,334		18,334
Other		385		385
Net income			206,157	206,157
Ending balance at Dec. 31, 2020	$ 334	697,200	583,171	$ 1,280,705
Ending balance, shares at Dec. 31, 2020	33,351,000
Repurchase of common stock, shares
Vesting of restricted stock units and issuance of unrestricted common stock awards	$ 7	(7)
Vesting of restricted stock units and issuance of unrestricted common stock awards, shares	675,000
Withholding of common stock upon vesting of restricted stock units	$ (3)	(13,723)		(13,726)
Withholding of common stock upon vesting of restricted stock units, shares	(265,000)
Stock-based compensation expense		14,377		14,377
Cash dividends declared		158	(15,350)	(15,192)
Other		(160)		(160)
Net income			498,504	498,504
Ending balance at Dec. 31, 2021	$ 338	$ 697,845	$ 1,066,325	$ 1,764,508
Ending balance, shares at Dec. 31, 2021	33,761,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Operating activities
Net income	$ 498,504	$ 206,157	$ 112,994
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	10,912	13,141	13,382
Stock-based compensation expense	14,377	18,334	15,316
Fair value of mortgage loans held for sale and other	5	(7,145)	(1,566)
Loss on debt extinguishment	14,458		10,832
Inventory impairment and other	41	2,172	4,783
Deferred income taxes	(8,701)	(1,861)	3,174
Loss on disposition of assets	1,483	1,425	361
Changes in assets and liabilities:
Cash held in escrow	(29,148)	12,159	(10,964)
Accounts receivable	(5,763)	5,657	(13,974)
Inventories	(580,365)	94,498	(129,024)
Mortgage loans held for sale	(72,378)	(90,248)	(72,853)
Prepaid expenses and other assets	(76,478)	3,142	43,108
Accounts payable	(23,033)	22,918	(5,113)
Accrued expenses and other liabilities	54,933	60,229	(39,263)
Net cash provided by (used in) operating activities	(201,153)	340,578	(68,807)
Investing activities
Purchases of property and equipment	(11,576)	(9,004)	(16,797)
Proceeds from sale of property and equipment and intangible asset	2,666	482	2,410
Proceeds from secured note receivable and other	2,434	117	104
Net cash used in investing activities	(6,476)	(8,405)	(14,283)
Financing activities
Borrowings under revolving credit facilities	30,000	678,000	1,548,500
Payments on revolving credit facilities	(30,000)	(746,700)	(1,682,300)
Proceeds from issuance of insurance premium notes and other	21,484	5,778	13,719
Principal payments on insurance premium notes and other	(15,532)	(8,769)	(20,237)
Debt issuance costs	(6,159)	(392)	(6,140)
Net proceeds from mortgage repurchase facilities	72,826	84,955	69,540
Net proceeds from issuances of common stock			79,052
Withholding of common stock upon vesting of restricted stock units	(13,726)	(5,100)	(3,583)
Repurchases of common stock under stock repurchase program			(1,439)
Dividend payments	(15,192)
Other	(160)	(385)
Net cash provided by financing activities	131,789	7,387	105,170
Net increase (decrease)	(75,840)	339,560	22,080
Cash and cash equivalents and Restricted cash, Beginning of period	398,081	58,521	36,441
Cash and cash equivalents and Restricted cash, End of period	322,241	398,081	58,521
Supplemental cash flow disclosure
Cash paid for income taxes	155,590	48,789	26,936
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	316,310	394,001	55,436
Restricted cash (Note 6)	5,931	$ 4,080	3,085
Senior Notes Due 2029 [Member]
Financing activities
Proceeds from issuance of senior notes	500,000
Senior Notes Due 2025 [Member]
Financing activities
Extinguishment of senior notes	$ (411,752)
Senior Notes Due 2027 [Member]
Financing activities
Proceeds from issuance of senior notes			500,000
Senior Notes Due 2022 [Member]
Financing activities
Extinguishment of senior notes			$ (391,942)

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
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 17 states. 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 Century Complete brands. Our Century Communities brand offers a wide range of buyer profiles including: entry-level, 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 Century Complete brand targets entry-level homebuyers, primarily sells homes through retail studios and the internet, and generally provides no option or upgrade selections. Our homebuilding operations are organized into the following five reportable segments: West, Mountain, Texas, Southeast, and Century Complete. 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, primarily to our home buyers have been identified as our Financial Services segment.Principles of Consolidation The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest, and variable interest entities for which the Company is deemed to be the primary beneficiary. We do not have any variable interest entities in which we are deemed the primary beneficiary. All intercompany accounts and transactions have been eliminated.Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (which we refer to as “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 a few days.  Accounts Receivable Accounts receivable primarily consists of rebates receivables, receivables under insurance policies, and income tax receivables. We periodically review the collectability of our accounts receivable, and, if it is determined that a receivable might not be fully collectible, an allowance is recorded for the amount deemed uncollectible. Inventories and Cost of Sales We capitalize pre-acquisition, land, development, and other allocated costs, including interest, during development, periods of entitlement, 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 year ended December 31, 2021, we recorded nominal impairment charges on one community and for the year ended December 31, 2020, we recorded impairment charges on four communities totaling $2.2 million. Inventory impairments are included in inventory impairment and other in our consolidated statements of operations. Home Sales Revenues and Profit Recognition As defined in the Accounting Standards Codification (which we refer to as “ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), revenues from home sales and the related profit are recorded when our performance obligations are satisfied, which generally occurs when the respective homes are closed and title has passed to our homebuyers. We generally satisfy our performance obligations in less than one year from the contract date.  Proceeds from home closings that are held for our benefit in escrow, are presented as cash held in escrow on our consolidated balance sheets. Cash held for our benefit in escrow is typically held by the escrow agent for a few days. When it is determined that the earnings process is not complete and we have remaining performance obligations that are material in the context of the contract, 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 and we collect these deposits at the time a home buyer’s contract is accepted. 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 $56.8 million and $30.6 million at December 31, 2021 and December 31, 2020, respectively. 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 delivered. 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 and 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. Model Homes 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: YearsLeasehold improvements, furniture and fixtures, and other 2-40yearsMachinery and equipment 3-25yearsModel furnishings 2-3yearsComputer hardware and software 1-5years Mortgage Loans Held for Sale and Revenue RecognitionMortgage loans held for sale, mortgage servicing rights, mortgage loans in process for which interest rates were committed to the borrowers (referred to as “interest rate lock commitments”), and the derivative instruments used to economically hedge our interest rate risk, which are typically forward commitments on mortgage-backed securities, forward commitments, and investor commitments, are carried at fair value. Changes in fair value are reflected in financial services revenue on the consolidated statements 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, interest rate lock commitments, and the derivative instruments used to economically hedge them.Also included in financial services revenue are gains and losses from the sale of mortgage loans held for sale, which are recognized based upon the difference between the sales proceeds and carrying value of the related loans upon sale and loan origination fees. Loan origination fees represent revenue earned from originating mortgage loans, which generally represent a flat per loan fee based on a percentage of the original principal loan balance, as well as discount points to reduce interest rates, and are recognized at the time the mortgage loans are funded.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 units and awards in the form of unrestricted shares of common stock 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 years ended December 31, 2021, 2020, and 2019 have three-year performance-based metrics measured over performance periods ending on December 31 of each three-year period. 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 records a corresponding valuation allowance against the deferred tax asset. As of December 31, 2021 and 2020, 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, 2021 and 2020 we had no reserves for uncertain tax positions. GoodwillWe 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 two 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, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. As of December 31, 2021 and 2020, we determined our goodwill was not impaired.Business CombinationsWe account for business combinations in accordance with ASC 805, 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. Although we do not have legal title to the underlying land, we are required to consolidate a VIE if 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. As a result of our analysis, we determined that as of December 31, 2021 and 2020, 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, 2021 and 2020, we had non-refundable cash deposits totaling $38.1 million and $31.3 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, 2021 and 2020, respectively. Advertising and Marketing Costs Advertising and marketing costs are expensed as incurred and totaled $7.7 million, $11.3 million and $17.0 million for the years ended December 31, 2021, 2020 and 2019, respectively. Advertising and marketing costs are included in selling, general and administrative on the consolidated statement of operations. Self-Insurance We maintain general liability insurance coverage, including coverage for certain construction defects. These insurance policies protect us against a portion of the risk of loss from claims, subject to certain self-insured per occurrence and aggregate retentions, deductibles, and available policy limits. In circumstances where we have elected to retain a higher portion of the overall risk for construction defect claims in return for a lower initial premium, we reserve for the costs that are above our coverage limits or that are not covered by our insurance policies. The reserve is recorded on an undiscounted basis at the time revenue is recognized for each home closing. Amounts accrued, which are included in other accrued liabilities within accrued expenses and other liabilities on the consolidated balance sheets, are based on third party actuarial analyses of our historical claims and industry data, which include estimates of claims incurred but not yet reported. Adjustments to estimated reserves are recorded in the period in which the change in estimate occurs. Our self-insurance liability is presented on a gross basis without consideration of insurance recoveries and amounts we have paid on behalf of and expect to recover from other parties, if any. Estimates of insurance recoveries and amounts we have paid on behalf of and expect to recover from other parties, if any, are recorded as receivables when such recoveries are considered probable. As of December 31, 2021, our accrual for incurred but not reported construction defect claims was $5.1 million. As of December 31, 2020, we had no accrual recorded for incurred but not reported construction defect claims. ReclassificationsCertain prior period amounts have been reclassified to conform to current period presentation. Recently Adopted Accounting Standards Income TaxesIn December 2019, the Financial Accounting Standards Board (which we refer to as “FASB”) issued Accounting Standards Update (which we refer to as “ASU”) No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” (which we refer to as “ASU 2019-12”). The standard simplifies the accounting for income taxes, eliminates certain exceptions, and clarifies certain aspects of ASC 740 to promote consistency among reporting entities. We adopted this standard on January 1, 2021 with no material effect on the consolidated financial statements and related disclosures.

Reporting Segments

Reporting Segments	12 Months Ended
	Dec. 31, 2021
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 17 states. We build and sell homes under our Century Communities and Century Complete brands. Our Century Communities brand is managed by geographic location, and each of our four geographic regions offers a wide range of buyer profiles including: entry-level, 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 Century Complete brand targets entry-level homebuyers, primarily sells homes through retail studios and the internet, and generally provides no option or upgrade selections. Our Century Complete brand currently has operations in 11 states and is managed separately from our four geographic regions. Accordingly, it is considered a separate operating segment.The management of our four Century Communities geographic regions and Century Complete 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 (Arizona, Colorado, Nevada and Utah) Texas Southeast (Florida, Georgia, North Carolina, South Carolina and Tennessee)Century Complete (Alabama, Arizona, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina 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, 2021 2020 2019Revenue: West$ 1,022,523 $ 683,138 $ 534,613Mountain 1,151,911 860,041 729,045Texas 481,915 339,346 252,921Southeast 663,728 672,790 548,661Century Complete 772,499 502,569 427,409Financial Services 123,738 103,308 43,262Corporate — — —Total revenue$ 4,216,314 $ 3,161,192 $ 2,535,911 Income (loss) before income tax expense: West$ 213,301 $ 71,417 $ 43,027Mountain 212,335 114,722 89,201Texas 68,565 34,694 25,866Southeast 92,420 57,181 31,435Century Complete 109,213 33,449 22,044Financial Services 51,160 48,511 10,687Corporate (105,872) (89,734) (89,625)Total income before income tax expense $ 641,122 $ 270,240 $ 132,635 The following table summarizes total assets by segment (in thousands): December 31, December 31, 2021 2020West $ 668,830 $ 536,907Mountain 1,008,481 778,198Texas 322,302 207,746Southeast 360,644 329,930Century Complete 371,096 218,604Financial Services 533,159 421,153Corporate 232,364 352,555Total assets $ 3,496,876 $ 2,845,093Corporate assets include certain cash and cash equivalents, certain property and equipment, prepaid insurance, and deferred financing costs on our revolving line of credit.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2021
Inventory [Abstract]
Inventory	3. Inventory Inventory included the following (in thousands): December 31, December 31, 2021 2020Homes under construction $ 1,188,270 $ 1,040,584Land and land development 1,214,965 828,242Capitalized interest 53,379 60,838Total inventories $ 2,456,614 $ 1,929,664

Financial Services

Financial Services	12 Months Ended
	Dec. 31, 2021
Financial Services [Abstract]
Financial Services	4. Financial ServicesOur Financial Services are principally comprised of our mortgage lending operations, 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 either as loans with servicing rights released, or with servicing rights retained, in the secondary mortgage market within a short period of time after origination, generally within 30 days. Inspire primarily finances these loans using its mortgage repurchase facilities. Mortgage loans in process for which interest rates were locked by borrowers, or interest rate lock commitments, totaled approximately $164.3 million and $172.3 million at December 31, 2021 and 2020, respectively, and carried a weighted average interest rate of approximately 3.3% and 2.8%, respectively. As of December 31, 2021 and 2020, Inspire had mortgage loans held for sale with an aggregate fair value of $353.1 million and $282.6 million, respectively, and an aggregate outstanding principal balance of $342.0 million and $269.6 million, respectively. Our net gains on the sale of mortgage loans were $85.3 million, $87.6 million and $32.2 million for the years ended December 31, 2021, 2020, and 2019, respectively, and are included in financial services revenue on the consolidated statements of operations. Interest rate risks related to mortgage loans held for sale and interest rate lock commitments are typically mitigated by utilizing forward commitments on mortgage-backed securities, forward commitments, and investor commitments to protect the value from fluctuations in mortgage-related interest rates.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2021
Property and Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and equipment included the following (in thousands): December 31, December 31, 2021 2020Land $ — $ 2,245Leasehold improvements, furniture and fixtures, and other 10,038 10,478Machinery and equipment 11,470 11,752Model furnishings 24,427 27,109Computer hardware and software 17,227 13,572 63,162 65,156Less accumulated depreciation (38,223) (36,772)Total property and equipment, net $ 24,939 $ 28,384

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	12 Months Ended
	Dec. 31, 2021
Prepaid Expenses and Other Assets [Abstract]
Prepaid Expenses and Other Assets	6. Prepaid Expenses and Other Assets Prepaid expenses and other assets included the following (in thousands): December 31, December 31, 2021 2020Prepaid insurance $ 37,814 $ 18,699Lot option and escrow deposits 61,649 39,985Performance deposits 11,196 9,372Deferred financing costs on revolving line of credit, net 5,135 3,206Restricted cash (1) 5,931 4,080Secured note receivable — 2,434Right of use assets 16,939 16,175Other assets and prepaid expenses 28,322 8,082Mortgage loans held for investment 13,456 8,727Derivative assets and mortgage servicing rights 19,645 11,870Total prepaid expenses and other assets $ 200,087 $ 122,630 (1)Restricted cash consists of earnest money deposits for home sale contracts held by third parties as required by various jurisdictions, and certain pledge balances associated with our mortgage repurchase facilities.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	12 Months Ended
	Dec. 31, 2021
Accrued Expenses and Other Liabilities [Abstract]
Accrued Expenses and Other Liabilities	7. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities included the following (in thousands): December 31, December 31, 2021 2020Earnest money deposits $ 56,811 $ 30,578Warranty reserve 13,343 13,824Accrued compensation costs 81,604 60,692Land development and home construction accruals 88,155 80,088Liability for product financing arrangements — 62,084Accrued interest 9,653 13,649Lease liabilities - operating leases 17,359 16,801Income taxes payable 1,684 3,118Derivative liabilities 359 3,807Other accrued liabilities 47,909 18,110Total accrued expenses and other liabilities $ 316,877 $ 302,751

Warranties

Warranties	12 Months Ended
	Dec. 31, 2021
Warranties [Abstract]
Warranties	8. 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 a 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 $5.4 million, $2.4 million and $1.9 million during the years ended December 31, 2021, 2020 and 2019, respectively, which is included as a reduction to cost of home sales revenues on our consolidated statements of operations.  Changes in our warranty accrual for the years ended December 31, 2021, 2020 and 2019 are detailed in the table below (in thousands): Year Ended December 31, 2021 2020 2019Beginning balance $ 13,824 $ 9,731 $ 7,970Warranty expense provisions 10,512 9,592 7,727Payments (5,615) (3,056) (4,024)Warranty adjustment (5,378) (2,443) (1,942)Ending balance $ 13,343 $ 13,824 $ 9,731

Debt

Debt	12 Months Ended
	Dec. 31, 2021
Debt [Abstract]
Debt	9. DebtOur outstanding debt obligations included the following as of December 31, 2021 and 2020 (in thousands):   December 31, December 31, 2021 20203.875% senior notes, due August 2029(1) $ 494,117 $ —6.750% senior notes, due May 2027(1) 495,581 494,7685.875% senior notes, due July 2025(1) — 396,821Other financing obligations 9,238 3,286Notes payable 998,936 894,875Revolving line of credit — —Mortgage repurchase facilities 331,876 259,050Total debt $ 1,330,812 $ 1,153,925 (1) The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes.Issuance of 3.875% Senior Notes Due 2029In August 2021, we completed a private offering of $500.0 million aggregate principal amount of our 3.875% Senior Notes due 2029 (which we refer to as the “2029 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 2029 Notes were issued under an Indenture, dated as of August 23, 2021, among the Company, our subsidiary guarantors party thereto, and U.S. Bank National Association, as trustee (which we refer to as the “August 2021 Indenture,” as it may be supplemented or amended from time to time). The 2029 Notes were issued at 100% of their principal amount and we received proceeds of $493.8 million, net of $6.2 million in issuance costs. The August 2021 Indenture contains certain restrictive covenants on issuing future secured debt and other transactions. The aggregate principal balance of the 2029 Notes is due August 2029, with interest only payments due semi-annually in February and August of each year, beginning on February 15, 2022.As of December 31, 2021, the aggregate obligation, inclusive of unamortized financing costs on the 2029 Notes was $494.1 million. The issuance of the 2029 Notes, along with the redemption and extinguishment of our 5.875% Senior Notes due 2025 discussed below, effectively extended the maturity of our senior notes by more than four years, increased the aggregate principal amount by $100.0 million and reduced our weighted average rate on our senior notes by approximately 105 basis points.6.750% Senior Notes Due 2027In May 2019, we completed a private offering of $500.0 million aggregate principal amount of the Company’s Initial 6.750% Senior Notes due 2027 (which we refer to as the “Initial Notes due 2027”) in reliance on Rule 144A and Regulation S under the Securities Act of 1933. The Initial Notes due 2027 were issued under the Indenture, dated as of May 23, 2019, among the Company, our subsidiary guarantors party thereto, and U.S. Bank National Association, as trustee (which we refer to as the “May 2019 Indenture,” as it may be supplemented or amended from time to time). The Initial Notes due 2027 were issued at 100% of their principal amount and we received net proceeds of $493.9 million. In connection with this issuance, we deferred $6.1 million of issuance costs, which is presented in the notes payable line item of the consolidated balance sheet. In February 2020, we completed an offer to exchange approximately $500.0 million in aggregate principal amount of our Initial Notes due 2027, which are registered under the Securities Act (which we refer to as the “Exchange Notes due 2027”), for an equivalent amount of the Initial Notes due 2027 that were tendered and accepted for exchange.  The terms of the Exchange Notes due 2027 are identical in all material respects to the Initial Notes due 2027, except that the Exchange Notes due 2027 are registered under the Securities Act and the transfer restrictions, registration rights, and additional interest provisions that are applicable to the Initial Notes due 2027 do not apply to the Exchange Notes due 2027.The Initial Notes due 2027 and Exchange Notes due 2027 (which we refer to collectively, as the “Existing Notes due 2027”) will be treated as a single series of notes under the May 2019 Indenture, and will vote as a single class of notes for all matters submitted to a vote of holders under the May 2019 Indenture. The Existing Notes due 2027 are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The May 2019 Indenture governing the Existing Notes due 2027 contains certain restrictive covenants on issuing future secured debt and other transactions.  The aggregate principal balance of the Existing Notes due 2027 is due July 2027, with interest only payments due semi-annually in June and December of each year, which began on December 1, 2019. As of December 31, 2021, the aggregate obligation, inclusive of unamortized financing costs on the Existing Notes due 2027, was $495.6 million.Redemption and Extinguishment of 5.875% Senior Notes Due 2025During the year ended December 31, 2021, we redeemed $400.0 million in outstanding principal of our 5.875% Senior Notes due 2025 at a redemption price equal to 102.938% of the principal amount, plus accrued and unpaid interest, totaling $414.8 million. The redemption transaction resulted in a $14.5 million loss on debt extinguishment in our consolidated statement of operations. Revolving Line of CreditOn May 21, 2021, we entered into a Second Amended and Restated Credit Agreement (which we refer to as the “Second A&R Credit Agreement”) with Texas Capital Bank, National Association, as Administrative Agent and L/C Issuer, and the lenders party thereto. The Second A&R Credit Agreement, which amended and restated our prior Amended and Restated Credit Agreement, provides us with a senior unsecured revolving line of credit (which we refer to as the “Credit Facility”) of up to $800.0 million, and unless terminated earlier, will mature on April 30, 2026. The Credit Facility includes a $250.0 million sublimit for standby letters of credit. Under the terms of the Second A&R Credit Agreement, the Company is entitled to request an increase in the size of the Credit Facility by an amount not exceeding $200 million. Our obligations under the Second A&R Credit Agreement are guaranteed by certain of our subsidiaries. The Second A&R 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. Borrowings under the Second A&R Credit Agreement bear interest at a floating rate equal to the adjusted Eurodollar Rate plus an applicable margin between 2.05% and 2.65% per annum, and if made available in the Administrative Agent’s discretion, a base rate plus an applicable margin between 1.05% and 1.65% per annum. As of December 31, 2021, no amounts were outstanding under the credit facility and were in compliance with all covenants. Mortgage Repurchase Facilities – Financial Services On May 4, 2018, September 14, 2018 and August 1, 2019, Inspire entered into mortgage warehouse facilities, with Comerica Bank, J.P. Morgan and Wells Fargo, respectively. The mortgage warehouse lines of credit (which we refer to as the “Repurchase Facilities”), which were increased during 2020, provide Inspire with uncommitted repurchase facilities of up to $400 million as of December 31, 2021, secured by the mortgage loans financed thereunder. The repurchase facilities have varying short term maturity dates through August 23, 2022 and bear a weighted average interest rate of 2.13%.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, 2021 and 2020, we had $331.9 million and $259.1 million outstanding under these Repurchase Facilities, respectively, and were in compliance with all covenants thereunder. During the years ended December 31, 2021 and 2020, we incurred interest expense on our Repurchase Facilities of $2.1 million and $3.0 million, respectively, which are included in financial services costs on our consolidated statements of operations.Other Financing ObligationsAs of December 31, 2021, we had no outstanding land development notes and $9.2 million of outstanding insurance premium notes, compared to $2.0 million of outstanding land development notes and $1.3 million outstanding insurance premium notes as of December 31, 2020. Aggregate annual maturities of debt as of December 31, 2021 are as follows (in thousands): 2022 $ 341,1142023 —2024 —2025 —2026 —Thereafter 1,000,000Total 1,341,114Less: Discount and deferred financing costs, net on senior notes (10,302)Carrying amount $ 1,330,812 During the years ended December 31, 2021 and 2020, we paid approximately $59.2 million and $66.8 million, respectively, in interest expense payments.

Interest

Interest	12 Months Ended
	Dec. 31, 2021
Interest [Abstract]
Interest	10. Interest Interest is capitalized to inventories while the related communities are being actively developed and until homes are completed. As our qualifying assets exceeded our outstanding debt during the years ended December 31, 2021, 2020, and 2019, 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, 2021 2020 2019Interest capitalized beginning of period $ 60,838 $ 67,069 $ 53,842Interest capitalized during period 59,387 65,771 74,377Less: capitalized interest in cost of sales (66,846) (72,002) (61,150)Interest capitalized end of period $ 53,379 $ 60,838 $ 67,069

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Taxes [Abstract]
Income Taxes	11. Income Taxes Our income tax expense for the years ended December 31, 2021, 2020 and 2019 comprises the following current and deferred amounts (in thousands): Year Ended December 31, 2021 2020 2019Current Federal $ 120,448 $ 51,741 $ 9,113State and local 30,871 14,203 7,354Total current 151,319 65,944 16,467Deferred Federal (7,151) (1,375) 2,528State and local (1,550) (486) 646Total deferred (8,701) (1,861) 3,174Income tax expense $ 142,618 $ 64,083 $ 19,641 Total income tax expense differed from the amounts computed by applying the federal statutory income tax rate of 21% for the years ended December 31, 2021, 2020, and 2019, to income before income taxes as a result of the following items (in thousands): Year Ended December 31, 2021 2020 2019Statutory income tax expense $ 134,636 $ 56,730 $ 27,844State income tax expense, net of federal income tax expense 24,123 11,153 5,483Executive compensation 3,520 4,566 4,123Excess tax benefits upon vesting of share based payment awards (764) (108) (252)Federal energy credits (16,451) (8,549) (17,256)State tax credits (1,220) (900) —Other (1,226) 1,191 (301)Income tax expense $ 142,618 $ 64,083 $ 19,641 Income tax expense for the years ended December 31, 2021, 2020, and 2019 was impacted by benefits of $16.5 million, $8.5 million, and $17.3 million, respectively, associated with the Energy Efficient Home Credit under Internal Revenue Code Section 45L (which we refer to as “Federal Energy Credits”). The Federal Energy Credits provide eligible contractors a federal income tax credit of $2,000 for each home delivered that meets the energy saving and certification requirements under the statute. On December 27, 2020, an extension of the Federal Energy Credits was enacted into law, extending the current provisions through December 31, 2021, and no similar legislation has been enacted as of the date of this Form 10-K, and it is uncertain whether an extension or similar tax credit will be adopted or available in the future or the scope of any modified program requirements.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 assets will be utilized. As a result of this analysis, the Company has not 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, 2021 and 2020 (in thousands): As of December 31, 2021 2020Deferred tax assets Warranty reserves $ 3,265 $ 3,389Stock-based compensation 770 841Accrued compensation and other 16,151 9,949Inventories, additional costs capitalized for tax 6,959 2,028Lease liabilities 4,433 4,245Other 2,205 1,794Deferred tax asset 33,783 22,246 Deferred tax liabilities Prepaid expenses (246) (141)Property and equipment (4,801) (4,658)Mortgage servicing rights (3,352) (1,009)Right of use assets (4,145) (3,988)Deferred tax liability (12,544) (9,796)Net deferred tax asset $ 21,239 $ 12,450 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 years ended December 31, 2021 and 2020, the Company did not 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 and various state income tax examinations for calendar tax years ending 2016 through 2021.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Disclosures	12. Fair Value Disclosures Fair value measurements are used for the Company’s mortgage loans held for sale, mortgage loans held for investment, mortgage servicing rights, interest rate lock commitments and other derivative instruments on a recurring basis. We also utilize fair value measurements on a non-recurring basis for inventories, and intangible assets when events and circumstances indicate that the carrying value is not recoverable. The fair value hierarchy and its application to the Company’s assets and liabilities is as follows: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. Mortgage loans held for sale – Fair value is based on quoted market prices for committed and uncommitted mortgage loans.Derivative assets and liabilities – Derivative assets are interest rate lock commitments and derivative liabilities are associated with forward commitments and investor commitments on loans. Fair value is based on market prices for similar instruments. Level 3 – Valuations derived from techniques where one or more significant inputs or significant value drivers are unobservable in active markets at measurement date. Mortgage servicing rights – The fair value of the mortgage servicing rights is calculated using third-party valuations. The key assumptions, which are generally unobservable inputs, used in the valuation of the mortgage servicing rights include mortgage prepayment rates, discount rates and cost to service.Mortgage loans held for investment – The fair value of mortgage loans held for investment is calculated based on Level 3 analysis which incorporates information including the value of underlying collateral, from markets where there is little observable trading activity. The following outlines the Company’s assets and liabilities measured at fair value on a recurring basis at December 31, 2021 and 2020, and the changes in the fair value of the Level 3 assets during the years ended December 31, 2021 and 2020: December 31, December 31, Balance Sheet Classification Hierarchy 2021 2020 Mortgage loans held for sale Mortgage loans held for sale Level 2 $ 353,063 $ 282,639Mortgage loans held for investment (1) Prepaid expenses and other assets Level 3 $ 13,456 $ 8,727Derivative assets Prepaid expenses and other assets Level 2 $ 5,944 $ 7,755Mortgage servicing rights (2) Prepaid expenses and other assets Level 3 $ 13,701 $ 4,115Derivative liabilities Accrued expenses and other liabilities Level 2 $ 359 $ 3,807 (1)The unobservable inputs used in the valuation of the mortgage loans held for investment include the value of underlying collateral, from markets where there is little observable trading activity.(2)The unobservable inputs used in the valuation of the mortgage servicing rights include mortgage prepayment rates, discount rates and cost to service, which were 8.5%, 9.9%, and $0.085 per year per loan, respectively as of December 31, 2021 and 10.4%, 9.8%, and $0.084 per year per loan, respectively, as of December 31, 2020. The high and low end of the range of unobservable inputs used in the valuation did not result in a significant change to the fair value measurement. The following table represents the reconciliation of the beginning and ending balance for the Level 3 recurring fair value measurements: Year Ended December 31, Mortgage servicing rights 2021 2020Beginning of period$ 4,115 $ —Originations 10,295 4,115Settlements (920) —Changes in fair value 211 —End of period$ 13,701 $ 4,115 Year Ended December 31,Mortgage loans held for investment 2021 2020Beginning of period$ 8,727 $ 3,385Transfers from loans held for sale 7,075 7,050Settlements (2,235) (1,525)Reduction in unpaid principal balance (213) (111)Changes in fair value 102 (72)End of period$ 13,456 $ 8,727 For the financial assets and liabilities that the Company does not reflect at fair value, the following present both their respective carrying value and fair value at December 31, 2021 and 2020: December 31, 2021 December 31, 2020 Hierarchy Carrying Fair Value Carrying Fair ValueCash and cash equivalents Level 1 $ 316,310 $ 316,310 $ 394,001 $ 394,001Secured notes receivable (1) Level 2 $ — $ — $ 2,434 $ 2,4483.875% senior notes (2)(3) Level 2 $ 494,117 $ 504,375 $ — $ —5.875% senior notes (2)(3) Level 2 $ — $ — $ 396,821 $ 417,5006.750% senior notes (2)(3) Level 2 $ 495,581 $ 526,875 $ 494,768 $ 533,750Revolving line of credit(4) Level 2 $ — $ — $ — $ —Other financing obligations(4)(5) Level 3 $ 9,238 $ 9,238 $ 3,286 $ 3,286Mortgage repurchase facilities(4) Level 2 $ 331,876 $ 331,876 $ 259,050 $ 259,050 (1) During the year ended December 31, 2021, the secured note receivable was paid in full at $2.4 million. Prior year estimated fair value of the secured note receivable was based on cash flow models discounted at market interest rates which considered the underlying risks of the note.(2) Estimated fair value of the senior notes is based on recent trading activity in inactive markets.(3) Carrying amounts include any associated unamortized deferred financing costs, premiums and discounts. As of December 31, 2021, these amounts totaled $5.9 million and $4.4 million for the 3.875% senior notes and 6.750% senior notes, respectively. As of December 31, 2020, these amounts totaled $5.2 million and $3.2 million for the 6.750% senior notes and 5.875% senior notes, respectively.(4) Carrying amount approximates fair value due to short-term nature and interest rate terms.(5) Insurance premium notes included in other financing obligations bore interest rates ranging from 2.99% to 3.24% during the year ended December 31, 2021 from 3.20% to 3.24% during the year ended December 31, 2020.During the year ended December 31, 2021, we recorded nominal impairment charges for one community. During the year ended December 31, 2020, we determined that inventory with a carrying value before impairment of $12.0 million within four communities across our Texas and Century Complete segments was not recoverable. Accordingly, we recognized impairment charges of an aggregate $2.2 million to reflect the estimated fair value of the communities of $9.8 million. The estimated fair value of the communities was determined through a discounted cash flow approach utilizing Level 3 inputs. Changes in our cash flow projections in future periods related to these communities may change our conclusions on the recoverability of inventory in the future.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	13. Leases Under ASC 842, the Company determines if a contract is or contains a lease at inception or modification of a contract. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. We primarily enter into operating leases for the right to use office space and computer and office equipment, which have lease terms that generally range from 1 to 7 years and often include one or more options to renew. We include renewal terms in the lease term when it is reasonably certain that we will exercise the option. We establish a right of use asset and a lease liability at the commencement date of the lease based on the present value of future minimum lease payments. As the rate implicit in each lease is not readily determinable, we utilize our incremental borrowing rate in determining the present value of future minimum payments. Our incremental borrowing rate is determined based on information available at the commencement date. We account for the lease components and non-lease components as a single lease component. As of December 31, 2021, the Company had $16.9 million and $17.4 million recognized as a right of use asset and lease liability, respectively, which are presented on the consolidated balance sheet within prepaid expenses and other assets and accrued expenses and other liabilities, respectively. As of December 31, 2020, the Company had $16.2 million and $16.8 million recognized as a right of use asset and lease liability, respectively. The Company has entered into various short-term operating leases, primarily for marketing billboards, with an initial term of twelve months or less. These leases are not recorded on our consolidated balance sheet.Under ASC 842, operating lease expense is recognized on a straight-line basis over the lease term. Operating lease expense was $7.3 million and $6.5 million for the years ended December 31, 2021 and 2020, respectively, which are presented on the consolidated statement of operations within selling, general, and administrative expense. Information related to the Company’s right of use asset and lease liability were as follows (in thousands): Year Ended December 31, 2021 2020 Cash paid for operating lease liabilities $ 6,768 $ 6,074 Right of use assets obtained in exchange for new operating lease obligations $ 6,712 $ 2,815 Weighted-average remaining lease term 3.21 yrs 3.52 yrs Weighted-average discount rate 4.65% 5.64%Maturities of lease liabilities as of December 31, 2021 were as follows (in thousands): 2022 $ 5,9892023 5,8932024 4,4272025 1,7752026 587Thereafter 17Total $ 18,688Less: discount (1,329)Total lease liabilities $ 17,359

Post-Retirement Plan

Post-Retirement Plan	12 Months Ended
	Dec. 31, 2021
Post-Retirement Plan [Abstract]
Post-Retirement Plan	14. 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, 2021, 2020 and 2019 were $3.2 million, $2.5 million and $1.9 million, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2021
Stock-Based Compensation [Abstract]
Stock-Based Compensation	15. Stock-Based Compensation During the years ended December 31, 2021, 2020 and 2019, we granted performance share units (which we refer to as “PSUs”) covering up to 0.2 million, 0.3 million, and 0.3 million shares of common stock, respectively in each year, assuming maximum level of performance, with grant date fair values of $58.28, $26.38, and $22.01, respectively, per share that are subject to both service and performance vesting conditions. The quantity of shares that will ultimately vest for the PSUs ranges 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, 2021, 0.3 million PSUs of common stock vested that were granted in 2018. Approximately 0.8 million shares will vest in 2022 to 2024 if the defined maximum performance targets are met, and no shares will vest if the defined minimum performance targets are not met.   During the years ended December 31, 2021, 2020 and 2019, we also granted restricted stock units (which we refer to as “RSUs”) covering 0.2 million, 0.4 million and 0.6 million shares of common stock, respectively, with grant date fair values of $53.21, $30.44 and $23.85 per share, respectively, that vest over a 1 to 3 year period. During the year ended December 31, 2021, we granted 7.0 thousand shares of common stock on an unrestricted basis (which we refer to as “stock awards”) with grant date fair values of $78.30 to our non-employee directors.The following table summarizes the activity of our PSUs, RSUs, and stock awards for the years ended December 31, 2021, 2020 and 2019 (in thousands): Year Ended December 31, 2021 2020 2019 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 1,462 $ 26.76 1,219 $ 24.64 846 $ 25.14Granted 347 55.60 701 28.90 882 23.49Vested (675) 29.31 (454) 24.42 (430) 23.53Forfeited (30) 37.68 (4) 28.56 (79) 24.99Outstanding, end of year 1,104 $ 31.48 1,462 $ 26.76 1,219 $ 24.64 A summary of our outstanding RSUs and PSUs, assuming current estimated level of performance achievement, are as follows (in thousands, except years): As of December 31, 2021Unvested units 1,104Unrecognized compensation cost $ 17,206Weighted-average period to recognize compensation cost 1.69During the years ended December 31, 2021, 2020 and 2019, the Company recognized stock-based compensation expense of $14.4 million, $18.3 million and $15.3 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, 2021
Stockholders' Equity [Abstract]
Stockholders' Equity	16. 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, 2021, and 2020, there were 33.8 million and 33.4 million shares of common stock issued and outstanding, respectively, and no shares of preferred stock outstanding. 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. On May 8, 2019, our stockholders approved the Century Communities, Inc. Amended and Restated 2017 Omnibus Incentive Plan (which we refer to as our “Amended 2017 Incentive Plan”), which increased the number of shares of our common stock authorized for issuance under the 2017 Incentive Plan by an additional 1.6 million shares. We issued 0.7 million and 0.5 million shares of common stock related to the vesting of RSUs and stock awards during the years ended December 31, 2021 and 2020, respectively. As of December 31, 2021, approximately 0.7 million shares of common stock remained available for issuance under the Amended 2017 Incentive Plan.   On November 27, 2019, we entered into a Distribution Agreement with J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc., and Fifth Third Securities, Inc. (which we refer to as the “Distribution Agreement”), as sales agents 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 sales agents party thereto in “at-the-market” offerings, in accordance with the terms and conditions set forth in the Distribution Agreement. This Distribution Agreement, which superseded and replaced a prior similar distribution agreement, and was amended in July 2021 to acknowledge our filing of a new registration statement on Form S-3 registering the issuance and sale of shares of our common stock under the Distribution Agreement and replace Citigroup Global Markets Inc. with Wells Fargo Securities, LLC as a sales agent, had all $100.0 million available for sale as of December 31, 2021.  We did not sell or issue any shares of our common stock during the years ended December 31, 2021 and 2020. The Distribution Agreement will remain in full force and effect until terminated by either party pursuant to the terms of the agreement or such date that the maximum offering amount has been sold in accordance with the terms of the agreement. 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. During the years ended December 31, 2021 and 2020, we did not repurchase any shares of common stock. The maximum number of shares available to be purchased under the stock repurchase program as of December 31, 2021 was 3,812,939 shares. During the year ended December 31, 2019, we repurchased 83,000 shares of common stock under this program for approximately $1.4 million.On May 19, 2021, our Board of Directors approved the initiation of a quarterly cash dividend. The following table sets forth cash dividends declared by our Board of Directors to holders of record of our common stock during the year ended December 31, 2021 (in thousands, except per share information): Cash Dividends DeclaredDeclaration Date Record Date Payable Date Per Share AmountMay 19, 2021 June 2, 2021 June 16, 2021 $0.15 $5,064August 18, 2021 September 1, 2021 September 15, 2021 $0.15 $5,064November 10, 2021 December 1, 2021 December 15, 2021 $0.15 $5,064

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	17. Earnings Per Share During the years ended December 31, 2021, 2020 and 2019, we used the treasury stock method of calculating earnings per share (which we refer to as “EPS”) as our currently non-vested RSUs and PSUs do not have participating rights.The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except share and per share information): Year Ended December 31, 2021 2020 2019Numerator Net income $ 498,504 $ 206,157 $ 112,994Denominator Weighted average common shares outstanding - basic 33,706,782 33,312,554 30,886,382Dilutive effect of restricted stock units 738,136 297,544 300,570Weighted average common shares outstanding - diluted 34,444,918 33,610,098 31,186,952Earnings per share: Basic $ 14.79 $ 6.19 $ 3.66Diluted $ 14.47 $ 6.13 $ 3.62 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 0.2 million, 0.8 million, and 0.6 million common stock unit equivalents from diluted earnings per share during the years ended December 31, 2021, 2020 and 2019 respectively, related to the PSUs for which performance conditions remained unsatisfied.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies [Abstract]
Commitments and Contingencies	18. Commitments and Contingencies Letters of Credit and Performance Bonds In the normal course of business, the Company posts letters of credit and performance and other bonds primarily related to our land development performance obligations, with local municipalities. As of December 31, 2021 and 2020, we had $492.5 million and $402.7 million, respectively, in letters of credit and performance and other bonds issued and outstanding. Legal Proceedings 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 on our consolidated balance sheet when recovery is probable. 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, 2021
Results Of Quarterly Operations [Abstract]
Results of Quarterly Operations	19. Results of Quarterly Operations (Unaudited) Quarter First Second Third Fourth (in thousands, except per share amounts)2021 Home sales revenues $ 959,279 $ 1,004,789 $ 917,337 $ 1,151,564Gross margin from home sales revenues $ 202,772 $ 240,121 $ 235,325 $ 298,704Income before income tax expense $ 131,049 $ 152,134 $ 145,761 $ 212,177Net income $ 101,652 $ 117,910 $ 113,977 $ 164,965Basic earnings per share $ 3.03 $ 3.49 $ 3.38 $ 4.89Diluted earnings per share $ 3.00 $ 3.47 $ 3.31 $ 4.78 2020 Home sales revenues $ 572,710 $ 747,415 $ 760,239 $ 946,803Gross margin from home sales revenues $ 102,183 $ 126,760 $ 132,875 $ 197,216Income before income tax expense $ 34,088 $ 50,103 $ 64,885 $ 121,164Net income $ 26,126 $ 38,450 $ 49,764 $ 91,817Basic earnings per share $ 0.79 $ 1.15 $ 1.49 $ 2.75Diluted earnings per share $ 0.78 $ 1.15 $ 1.48 $ 2.72

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2021
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 17 states. 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 Century Complete brands. Our Century Communities brand offers a wide range of buyer profiles including: entry-level, 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 Century Complete brand targets entry-level homebuyers, primarily sells homes through retail studios and the internet, and generally provides no option or upgrade selections. Our homebuilding operations are organized into the following five reportable segments: West, Mountain, Texas, Southeast, and Century Complete. 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, primarily to our home buyers have been identified as our Financial Services segment.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest, and variable interest entities for which the Company is deemed to be the primary beneficiary. We do not have any variable interest entities in which we are deemed the primary beneficiary. All intercompany accounts and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (which we refer to as “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 a few days.
Accounts Receivable	Accounts Receivable Accounts receivable primarily consists of rebates receivables, receivables under insurance policies, and income tax receivables. We periodically review the collectability of our accounts receivable, and, if it is determined that a receivable might not be fully collectible, an allowance is recorded for the amount deemed uncollectible.
Inventories and Cost of Sales	Inventories and Cost of Sales We capitalize pre-acquisition, land, development, and other allocated costs, including interest, during development, periods of entitlement, 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 year ended December 31, 2021, we recorded nominal impairment charges on one community and for the year ended December 31, 2020, we recorded impairment charges on four communities totaling $2.2 million. Inventory impairments are included in inventory impairment and other in our consolidated statements of operations.
Home Sales Revenues and Profit Recognition	Home Sales Revenues and Profit Recognition As defined in the Accounting Standards Codification (which we refer to as “ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), revenues from home sales and the related profit are recorded when our performance obligations are satisfied, which generally occurs when the respective homes are closed and title has passed to our homebuyers. We generally satisfy our performance obligations in less than one year from the contract date.  Proceeds from home closings that are held for our benefit in escrow, are presented as cash held in escrow on our consolidated balance sheets. Cash held for our benefit in escrow is typically held by the escrow agent for a few days. When it is determined that the earnings process is not complete and we have remaining performance obligations that are material in the context of the contract, 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 and we collect these deposits at the time a home buyer’s contract is accepted. 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 $56.8 million and $30.6 million at December 31, 2021 and December 31, 2020, respectively.
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 delivered. 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 and 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.
Model Homes and Sales Facilities	Model Homes 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: YearsLeasehold improvements, furniture and fixtures, and other 2-40yearsMachinery and equipment 3-25yearsModel furnishings 2-3yearsComputer hardware and software 1-5years
Mortgage Loans Held for Sale and Revenue Recognition	Mortgage Loans Held for Sale and Revenue RecognitionMortgage loans held for sale, mortgage servicing rights, mortgage loans in process for which interest rates were committed to the borrowers (referred to as “interest rate lock commitments”), and the derivative instruments used to economically hedge our interest rate risk, which are typically forward commitments on mortgage-backed securities, forward commitments, and investor commitments, are carried at fair value. Changes in fair value are reflected in financial services revenue on the consolidated statements 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, interest rate lock commitments, and the derivative instruments used to economically hedge them.Also included in financial services revenue are gains and losses from the sale of mortgage loans held for sale, which are recognized based upon the difference between the sales proceeds and carrying value of the related loans upon sale and loan origination fees. Loan origination fees represent revenue earned from originating mortgage loans, which generally represent a flat per loan fee based on a percentage of the original principal loan balance, as well as discount points to reduce interest rates, and are recognized at the time the mortgage loans are funded.
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 units and awards in the form of unrestricted shares of common stock 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 years ended December 31, 2021, 2020, and 2019 have three-year performance-based metrics measured over performance periods ending on December 31 of each three-year period. 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 records a corresponding valuation allowance against the deferred tax asset. As of December 31, 2021 and 2020, 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, 2021 and 2020 we had no reserves for uncertain tax positions.
Goodwill	GoodwillWe 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 two 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, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. As of December 31, 2021 and 2020, we determined our goodwill was not impaired.
Business Combinations	Business CombinationsWe account for business combinations in accordance with ASC 805, 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. Although we do not have legal title to the underlying land, we are required to consolidate a VIE if 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. As a result of our analysis, we determined that as of December 31, 2021 and 2020, 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, 2021 and 2020, we had non-refundable cash deposits totaling $38.1 million and $31.3 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, 2021 and 2020, respectively.
Advertising and Marketing Costs	Advertising and Marketing Costs Advertising and marketing costs are expensed as incurred and totaled $7.7 million, $11.3 million and $17.0 million for the years ended December 31, 2021, 2020 and 2019, respectively. Advertising and marketing costs are included in selling, general and administrative on the consolidated statement of operations.
Self-Insurance	Self-Insurance We maintain general liability insurance coverage, including coverage for certain construction defects. These insurance policies protect us against a portion of the risk of loss from claims, subject to certain self-insured per occurrence and aggregate retentions, deductibles, and available policy limits. In circumstances where we have elected to retain a higher portion of the overall risk for construction defect claims in return for a lower initial premium, we reserve for the costs that are above our coverage limits or that are not covered by our insurance policies. The reserve is recorded on an undiscounted basis at the time revenue is recognized for each home closing. Amounts accrued, which are included in other accrued liabilities within accrued expenses and other liabilities on the consolidated balance sheets, are based on third party actuarial analyses of our historical claims and industry data, which include estimates of claims incurred but not yet reported. Adjustments to estimated reserves are recorded in the period in which the change in estimate occurs. Our self-insurance liability is presented on a gross basis without consideration of insurance recoveries and amounts we have paid on behalf of and expect to recover from other parties, if any. Estimates of insurance recoveries and amounts we have paid on behalf of and expect to recover from other parties, if any, are recorded as receivables when such recoveries are considered probable. As of December 31, 2021, our accrual for incurred but not reported construction defect claims was $5.1 million. As of December 31, 2020, we had no accrual recorded for incurred but not reported construction defect claims.
Reclassifications	ReclassificationsCertain prior period amounts have been reclassified to conform to current period presentation.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Income TaxesIn December 2019, the Financial Accounting Standards Board (which we refer to as “FASB”) issued Accounting Standards Update (which we refer to as “ASU”) No. 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” (which we refer to as “ASU 2019-12”). The standard simplifies the accounting for income taxes, eliminates certain exceptions, and clarifies certain aspects of ASC 740 to promote consistency among reporting entities. We adopted this standard on January 1, 2021 with no material effect on the consolidated financial statements and related disclosures.

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Nature of Operations and Summary of Significant Accounting Policies [Abstract]
Schedule Of Estimated Lives Of Property Plant And Equipment	YearsLeasehold improvements, furniture and fixtures, and other 2-40yearsMachinery and equipment 3-25yearsModel furnishings 2-3yearsComputer hardware and software 1-5years

Reporting Segments (Tables)

Reporting Segments (Tables)	12 Months Ended
	Dec. 31, 2021
Reporting Segments [Abstract]
Schedule of Total Revenue and Pretax Income by Segment	Year Ended December 31, 2021 2020 2019Revenue: West$ 1,022,523 $ 683,138 $ 534,613Mountain 1,151,911 860,041 729,045Texas 481,915 339,346 252,921Southeast 663,728 672,790 548,661Century Complete 772,499 502,569 427,409Financial Services 123,738 103,308 43,262Corporate — — —Total revenue$ 4,216,314 $ 3,161,192 $ 2,535,911 Income (loss) before income tax expense: West$ 213,301 $ 71,417 $ 43,027Mountain 212,335 114,722 89,201Texas 68,565 34,694 25,866Southeast 92,420 57,181 31,435Century Complete 109,213 33,449 22,044Financial Services 51,160 48,511 10,687Corporate (105,872) (89,734) (89,625)Total income before income tax expense $ 641,122 $ 270,240 $ 132,635
Schedule of Total Assets by Segment	December 31, December 31, 2021 2020West $ 668,830 $ 536,907Mountain 1,008,481 778,198Texas 322,302 207,746Southeast 360,644 329,930Century Complete 371,096 218,604Financial Services 533,159 421,153Corporate 232,364 352,555Total assets $ 3,496,876 $ 2,845,093

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2021
Inventory [Abstract]
Schedule of Inventory	December 31, December 31, 2021 2020Homes under construction $ 1,188,270 $ 1,040,584Land and land development 1,214,965 828,242Capitalized interest 53,379 60,838Total inventories $ 2,456,614 $ 1,929,664

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property and Equipment [Abstract]
Schedule Of Property And Equipment	December 31, December 31, 2021 2020Land $ — $ 2,245Leasehold improvements, furniture and fixtures, and other 10,038 10,478Machinery and equipment 11,470 11,752Model furnishings 24,427 27,109Computer hardware and software 17,227 13,572 63,162 65,156Less accumulated depreciation (38,223) (36,772)Total property and equipment, net $ 24,939 $ 28,384

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2021
Prepaid Expenses and Other Assets [Abstract]
Schedule of Prepaid Expenses and Other Assets	December 31, December 31, 2021 2020Prepaid insurance $ 37,814 $ 18,699Lot option and escrow deposits 61,649 39,985Performance deposits 11,196 9,372Deferred financing costs on revolving line of credit, net 5,135 3,206Restricted cash (1) 5,931 4,080Secured note receivable — 2,434Right of use assets 16,939 16,175Other assets and prepaid expenses 28,322 8,082Mortgage loans held for investment 13,456 8,727Derivative assets and mortgage servicing rights 19,645 11,870Total prepaid expenses and other assets $ 200,087 $ 122,630 (1)Restricted cash consists of earnest money deposits for home sale contracts held by third parties as required by various jurisdictions, and certain pledge balances associated with our mortgage repurchase facilities.

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Accrued Expenses and Other Liabilities [Abstract]
Schedule of Accrued Expenses and Other Liabilities	December 31, December 31, 2021 2020Earnest money deposits $ 56,811 $ 30,578Warranty reserve 13,343 13,824Accrued compensation costs 81,604 60,692Land development and home construction accruals 88,155 80,088Liability for product financing arrangements — 62,084Accrued interest 9,653 13,649Lease liabilities - operating leases 17,359 16,801Income taxes payable 1,684 3,118Derivative liabilities 359 3,807Other accrued liabilities 47,909 18,110Total accrued expenses and other liabilities $ 316,877 $ 302,751

Warranties (Tables)

Warranties (Tables)	12 Months Ended
	Dec. 31, 2021
Warranties [Abstract]
Schedule of Changes in Warranty Accrual	Year Ended December 31, 2021 2020 2019Beginning balance $ 13,824 $ 9,731 $ 7,970Warranty expense provisions 10,512 9,592 7,727Payments (5,615) (3,056) (4,024)Warranty adjustment (5,378) (2,443) (1,942)Ending balance $ 13,343 $ 13,824 $ 9,731

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2021
Debt [Abstract]
Schedule of Outstanding Debt Obligations	December 31, December 31, 2021 20203.875% senior notes, due August 2029(1) $ 494,117 $ —6.750% senior notes, due May 2027(1) 495,581 494,7685.875% senior notes, due July 2025(1) — 396,821Other financing obligations 9,238 3,286Notes payable 998,936 894,875Revolving line of credit — —Mortgage repurchase facilities 331,876 259,050Total debt $ 1,330,812 $ 1,153,925 (1) The carrying value of senior notes reflects the impact of premiums, discounts, and issuance costs that are amortized to interest cost over the respective terms of the senior notes.
Schedule of Aggregate Annual Maturities of Debt	2022 $ 341,1142023 —2024 —2025 —2026 —Thereafter 1,000,000Total 1,341,114Less: Discount and deferred financing costs, net on senior notes (10,302)Carrying amount $ 1,330,812

Interest (Tables)

Interest (Tables)	12 Months Ended
	Dec. 31, 2021
Interest [Abstract]
Schedule of Capitalized Interest Costs	Year Ended December 31, 2021 2020 2019Interest capitalized beginning of period $ 60,838 $ 67,069 $ 53,842Interest capitalized during period 59,387 65,771 74,377Less: capitalized interest in cost of sales (66,846) (72,002) (61,150)Interest capitalized end of period $ 53,379 $ 60,838 $ 67,069

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Taxes [Abstract]
Schedule of Income Tax Expense	Year Ended December 31, 2021 2020 2019Current Federal $ 120,448 $ 51,741 $ 9,113State and local 30,871 14,203 7,354Total current 151,319 65,944 16,467Deferred Federal (7,151) (1,375) 2,528State and local (1,550) (486) 646Total deferred (8,701) (1,861) 3,174Income tax expense $ 142,618 $ 64,083 $ 19,641
Schedule of Components of Income Tax Expense by Expense	Year Ended December 31, 2021 2020 2019Statutory income tax expense $ 134,636 $ 56,730 $ 27,844State income tax expense, net of federal income tax expense 24,123 11,153 5,483Executive compensation 3,520 4,566 4,123Excess tax benefits upon vesting of share based payment awards (764) (108) (252)Federal energy credits (16,451) (8,549) (17,256)State tax credits (1,220) (900) —Other (1,226) 1,191 (301)Income tax expense $ 142,618 $ 64,083 $ 19,641
Schedule of Deferred Tax Assets and Liabilities	As of December 31, 2021 2020Deferred tax assets Warranty reserves $ 3,265 $ 3,389Stock-based compensation 770 841Accrued compensation and other 16,151 9,949Inventories, additional costs capitalized for tax 6,959 2,028Lease liabilities 4,433 4,245Other 2,205 1,794Deferred tax asset 33,783 22,246 Deferred tax liabilities Prepaid expenses (246) (141)Property and equipment (4,801) (4,658)Mortgage servicing rights (3,352) (1,009)Right of use assets (4,145) (3,988)Deferred tax liability (12,544) (9,796)Net deferred tax asset $ 21,239 $ 12,450

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value	December 31, December 31, Balance Sheet Classification Hierarchy 2021 2020 Mortgage loans held for sale Mortgage loans held for sale Level 2 $ 353,063 $ 282,639Mortgage loans held for investment (1) Prepaid expenses and other assets Level 3 $ 13,456 $ 8,727Derivative assets Prepaid expenses and other assets Level 2 $ 5,944 $ 7,755Mortgage servicing rights (2) Prepaid expenses and other assets Level 3 $ 13,701 $ 4,115Derivative liabilities Accrued expenses and other liabilities Level 2 $ 359 $ 3,807 (1)The unobservable inputs used in the valuation of the mortgage loans held for investment include the value of underlying collateral, from markets where there is little observable trading activity.(2)The unobservable inputs used in the valuation of the mortgage servicing rights include mortgage prepayment rates, discount rates and cost to service, which were 8.5%, 9.9%, and $0.085 per year per loan, respectively as of December 31, 2021 and 10.4%, 9.8%, and $0.084 per year per loan, respectively, as of December 31, 2020. The high and low end of the range of unobservable inputs used in the valuation did not result in a significant change to the fair value measurement.
Schedule of Reconciliation of Level 3 Recurring at Fair Value	Year Ended December 31, Mortgage servicing rights 2021 2020Beginning of period$ 4,115 $ —Originations 10,295 4,115Settlements (920) —Changes in fair value 211 —End of period$ 13,701 $ 4,115 Year Ended December 31,Mortgage loans held for investment 2021 2020Beginning of period$ 8,727 $ 3,385Transfers from loans held for sale 7,075 7,050Settlements (2,235) (1,525)Reduction in unpaid principal balance (213) (111)Changes in fair value 102 (72)End of period$ 13,456 $ 8,727
Schedule of Carrying Values and Fair Values of Financial Instruments	December 31, 2021 December 31, 2020 Hierarchy Carrying Fair Value Carrying Fair ValueCash and cash equivalents Level 1 $ 316,310 $ 316,310 $ 394,001 $ 394,001Secured notes receivable (1) Level 2 $ — $ — $ 2,434 $ 2,4483.875% senior notes (2)(3) Level 2 $ 494,117 $ 504,375 $ — $ —5.875% senior notes (2)(3) Level 2 $ — $ — $ 396,821 $ 417,5006.750% senior notes (2)(3) Level 2 $ 495,581 $ 526,875 $ 494,768 $ 533,750Revolving line of credit(4) Level 2 $ — $ — $ — $ —Other financing obligations(4)(5) Level 3 $ 9,238 $ 9,238 $ 3,286 $ 3,286Mortgage repurchase facilities(4) Level 2 $ 331,876 $ 331,876 $ 259,050 $ 259,050 (1) During the year ended December 31, 2021, the secured note receivable was paid in full at $2.4 million. Prior year estimated fair value of the secured note receivable was based on cash flow models discounted at market interest rates which considered the underlying risks of the note.(2) Estimated fair value of the senior notes is based on recent trading activity in inactive markets.(3) Carrying amounts include any associated unamortized deferred financing costs, premiums and discounts. As of December 31, 2021, these amounts totaled $5.9 million and $4.4 million for the 3.875% senior notes and 6.750% senior notes, respectively. As of December 31, 2020, these amounts totaled $5.2 million and $3.2 million for the 6.750% senior notes and 5.875% senior notes, respectively.(4) Carrying amount approximates fair value due to short-term nature and interest rate terms.(5) Insurance premium notes included in other financing obligations bore interest rates ranging from 2.99% to 3.24% during the year ended December 31, 2021 from 3.20% to 3.24% during the year ended December 31, 2020.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Information Of Lease Right Of Use Asset And Lease Liability	Year Ended December 31, 2021 2020 Cash paid for operating lease liabilities $ 6,768 $ 6,074 Right of use assets obtained in exchange for new operating lease obligations $ 6,712 $ 2,815 Weighted-average remaining lease term 3.21 yrs 3.52 yrs Weighted-average discount rate 4.65% 5.64%
Maturities Of Lease Liabilities	2022 $ 5,9892023 5,8932024 4,4272025 1,7752026 587Thereafter 17Total $ 18,688Less: discount (1,329)Total lease liabilities $ 17,359

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Stock-Based Compensation [Abstract]
Summary of Restricted Stock Award Activity	Year Ended December 31, 2021 2020 2019 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 1,462 $ 26.76 1,219 $ 24.64 846 $ 25.14Granted 347 55.60 701 28.90 882 23.49Vested (675) 29.31 (454) 24.42 (430) 23.53Forfeited (30) 37.68 (4) 28.56 (79) 24.99Outstanding, end of year 1,104 $ 31.48 1,462 $ 26.76 1,219 $ 24.64
Summary of Outstanding RSUs and PSUs	As of December 31, 2021Unvested units 1,104Unrecognized compensation cost $ 17,206Weighted-average period to recognize compensation cost 1.69

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity [Abstract]
Schedule of Dividends Declared	Cash Dividends DeclaredDeclaration Date Record Date Payable Date Per Share AmountMay 19, 2021 June 2, 2021 June 16, 2021 $0.15 $5,064August 18, 2021 September 1, 2021 September 15, 2021 $0.15 $5,064November 10, 2021 December 1, 2021 December 15, 2021 $0.15 $5,064

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Year Ended December 31, 2021 2020 2019Numerator Net income $ 498,504 $ 206,157 $ 112,994Denominator Weighted average common shares outstanding - basic 33,706,782 33,312,554 30,886,382Dilutive effect of restricted stock units 738,136 297,544 300,570Weighted average common shares outstanding - diluted 34,444,918 33,610,098 31,186,952Earnings per share: Basic $ 14.79 $ 6.19 $ 3.66Diluted $ 14.47 $ 6.13 $ 3.62

Results of Quarterly Operatio_2

Results of Quarterly Operations (Tables)	12 Months Ended
	Dec. 31, 2021
Results Of Quarterly Operations [Abstract]
Schedule Of Quarterly Financial Information	Quarter First Second Third Fourth (in thousands, except per share amounts)2021 Home sales revenues $ 959,279 $ 1,004,789 $ 917,337 $ 1,151,564Gross margin from home sales revenues $ 202,772 $ 240,121 $ 235,325 $ 298,704Income before income tax expense $ 131,049 $ 152,134 $ 145,761 $ 212,177Net income $ 101,652 $ 117,910 $ 113,977 $ 164,965Basic earnings per share $ 3.03 $ 3.49 $ 3.38 $ 4.89Diluted earnings per share $ 3.00 $ 3.47 $ 3.31 $ 4.78 2020 Home sales revenues $ 572,710 $ 747,415 $ 760,239 $ 946,803Gross margin from home sales revenues $ 102,183 $ 126,760 $ 132,875 $ 197,216Income before income tax expense $ 34,088 $ 50,103 $ 64,885 $ 121,164Net income $ 26,126 $ 38,450 $ 49,764 $ 91,817Basic earnings per share $ 0.79 $ 1.15 $ 1.49 $ 2.75Diluted earnings per share $ 0.78 $ 1.15 $ 1.48 $ 2.72

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)segmentitemstate	Dec. 31, 2020USD ($)item	Dec. 31, 2019USD ($)
Number of operating states | state	17
Number of operating segments | segment	5
Earnest money deposits	$ 56.8	$ 30.6
Number of communities impairment charges | item	1	4
Impairment of real estate		$ 2.2
Non-refundable cash deposits classified in prepaid expenses and other assets	$ 38.1	31.3
Advertising and marketing costs	7.7	11.3	$ 17
Accrual for incurred but not reported construction defect claims	5.1	0
Tax valuation allowance	0	0
Reserves for uncetain tax positions	0	0
Goodwill impairment	$ 0	$ 0
Model Homes And Sales Facilities [Member] | Minimum [Member]
Estimated useful life	2 years
Model Homes And Sales Facilities [Member] | Maximum [Member]
Estimated useful life	3 years

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, 2021
Leasehold Improvements, Furniture And Fixtures, And Other [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
Leasehold Improvements, Furniture And Fixtures, And Other [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Machinery And Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Machinery And Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	25 years
Model Furnishings [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
Model Furnishings [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Computer Hardware and Software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	1 year
Computer Hardware and Software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years

Reporting Segments (Narrative)

Reporting Segments (Narrative) (Details)	12 Months Ended
	Dec. 31, 2021regionstatesegment
Segment Reporting Information [Line Items]
Number of operating states	17
Number of operating regions | region	4
Number of reportable segments | segment	5
Century Complete [Member]
Segment Reporting Information [Line Items]
Number of operating states	11

Reporting Segments (Schedule of

Reporting Segments (Schedule of Total Revenue and Pretax Income by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenue									$ 4,216,314	$ 3,161,192	$ 2,535,911
Total income before income tax expense	$ 212,177	$ 145,761	$ 152,134	$ 131,049	$ 121,164	$ 64,885	$ 50,103	$ 34,088	641,122	270,240	132,635
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									1,022,523	683,138	534,613
Total income before income tax expense									213,301	71,417	43,027
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									1,151,911	860,041	729,045
Total income before income tax expense									212,335	114,722	89,201
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									481,915	339,346	252,921
Total income before income tax expense									68,565	34,694	25,866
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									663,728	672,790	548,661
Total income before income tax expense									92,420	57,181	31,435
Century Complete [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									772,499	502,569	427,409
Total income before income tax expense									109,213	33,449	22,044
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue									123,738	103,308	43,262
Total income before income tax expense									51,160	48,511	10,687
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total revenue
Total income before income tax expense									$ (105,872)	$ (89,734)	$ (89,625)

Reporting Segments (Schedule _2

Reporting Segments (Schedule of Total Assets by Segment) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total assets	$ 3,496,876	$ 2,845,093
West [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	668,830	536,907
Mountain [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	1,008,481	778,198
Texas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	322,302	207,746
Southeast [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	360,644	329,930
Century Complete [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	371,096	218,604
Financial Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	533,159	421,153
Corporate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	$ 232,364	$ 352,555

Inventory (Schedule of Inventor

Inventory (Schedule of Inventory) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Inventory [Abstract]
Homes under construction	$ 1,188,270	$ 1,040,584
Land and land development	1,214,965	828,242
Capitalized interest	53,379	60,838	$ 67,069	$ 53,842
Total inventories	$ 2,456,614	$ 1,929,664

Financial Services (Narrative)

Financial Services (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financial Services [Line Items]
Mortgage loans held for sale	$ 353,063	$ 282,639
Net gains on the sale of mortgage loans	85,300	87,600	$ 32,200
Inspire [Member]
Financial Services [Line Items]
Mortgage loans in process	164,300	172,300
Mortgage loans held for sale	353,100	282,600
Mortgage loans held for sale aggregate outstanding principal balance	$ 342,000	$ 269,600
Inspire [Member] | Weighted Average [Member]
Financial Services [Line Items]
Interest rate	3.30%	2.80%

Property and Equipment - (Sched

Property and Equipment - (Schedule Of Property And Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment	$ 63,162	$ 65,156
Less accumulated depreciation	(38,223)	(36,772)
Total property and equipment, net	24,939	28,384
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment		2,245
Leasehold Improvements, Furniture And Fixtures, And Other [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	10,038	10,478
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	11,470	11,752
Model Furnishings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	24,427	27,109
Computer Hardware and Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 17,227	$ 13,572

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets (Schedule of Prepaid Expenses and Other Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Prepaid Expenses and Other Assets [Abstract]
Prepaid insurance	$ 37,814	$ 18,699
Lot option and escrow deposits	61,649	39,985
Performance deposits	11,196	9,372
Deferred financing costs on revolving line of credit, net	5,135	3,206
Restricted cash	5,931	4,080
Secured note receivable		2,434
Right of use assets	16,939	16,175
Other assets and prepaid expenses	28,322	8,082
Mortgage loans held for investment	13,456	8,727
Derivative assets and mortgage servicing rights	19,645	11,870
Total prepaid expenses and other assets	$ 200,087	$ 122,630

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities (Schedule of Accrued Expenses and Other Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accrued Expenses and Other Liabilities [Abstract]
Earnest money deposits	$ 56,811	$ 30,578
Warranty reserve	13,343	13,824	$ 9,731	$ 7,970
Accrued compensation costs	81,604	60,692
Land development and home construction accruals	88,155	80,088
Liability for product financing arrangements		62,084
Accrued interest	9,653	13,649
Lease liabilities - operating leases	17,359	16,801
Income taxes payable	1,684	3,118
Derivative liabilities	359	3,807
Other accrued liabilities	47,909	18,110
Total accrued expenses and other liabilities	$ 316,877	$ 302,751

Warranties (Narrative) (Details

Warranties (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Warranties [Abstract]
Warranty reserve adjustment	$ (5,378)	$ (2,443)	$ (1,942)

Warranties (Schedule of Changes

Warranties (Schedule of Changes in Warranty Accrual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Warranties [Abstract]
Beginning balance	$ 13,824	$ 9,731	$ 7,970
Warranty expense provisions	10,512	9,592	7,727
Payments	(5,615)	(3,056)	(4,024)
Warranty adjustment	(5,378)	(2,443)	(1,942)
Ending balance	$ 13,343	$ 13,824	$ 9,731

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($)	May 21, 2021	Dec. 13, 2019	Aug. 31, 2021	May 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Feb. 29, 2020
Debt Instrument [Line Items]
Notes payable					$ 998,936,000	$ 894,875,000
Line of credit facility, outstanding amount
Mortgage repurchase facilities					331,876,000	259,050,000
Land development notes, outstanding					0	2,000,000
Insurance premium notes, outstanding					9,200,000	1,300,000
Loss on debt extinguishment					(14,458,000)		$ (10,832,000)
Interest expense payments					$ 59,200,000	66,800,000
Inspire [Member] | Mortgage Repurchase Facilities - Financial Services [Member]
Debt Instrument [Line Items]
Weighted average interest rate					2.13%
Maximum [Member] | Inspire [Member] | Mortgage Repurchase Facilities - Financial Services [Member]
Debt Instrument [Line Items]
Principal amount					$ 400,000,000
Master Repurchase Agreement [Member] | Comerica Bank And Wells Fargo [Member] | Mortgage Repurchase Facilities - Financial Services [Member]
Debt Instrument [Line Items]
Incurred interest expense					2,100,000	3,000,000
Master Repurchase Agreement [Member] | Inspire [Member] | Comerica Bank And Wells Fargo [Member] | Mortgage Repurchase Facilities - Financial Services [Member]
Debt Instrument [Line Items]
Mortgage repurchase facilities					$ 331,900,000	259,100,000
Senior Note 3.875% Due August 2029 [Member]
Debt Instrument [Line Items]
Principal amount			$ 500,000,000
Interest rate			3.875%		3.875%
Net proceeds from issuance of senior debt			$ 493,800,000
Notes payable					$ 494,117,000
Deferred issuance costs					6,200,000
Senior Notes 5.875% Due July 2025 [Member]
Debt Instrument [Line Items]
Principal amount					$ 400,000,000
Interest rate					5.875%
Notes payable						396,821,000
Percentage of redemption of principal plus accrued and unpaid interest					102.938%
Redemption amount of principal plus accrued and unpaid interest					$ 414,800,000
Loss on debt extinguishment					14,500,000
Initial 6.750% Senior Notes Due 2027 [Member]
Debt Instrument [Line Items]
Principal amount				$ 500,000,000
Interest rate				6.75%
Net proceeds from issuance of senior debt				$ 493,900,000
Discount rate				100.00%
Maturity year				2027
Deferred issuance costs						$ 6,100,000
Exchange Notes Due 2027 [Member]
Debt Instrument [Line Items]
Principal amount								$ 500,000,000
Existing Notes Due 2027 [Member]
Debt Instrument [Line Items]
Notes payable					495,600,000
Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount					$ 100,000,000
Senior Notes [Member] | Extended Maturity [Member]
Debt Instrument [Line Items]
Extension of the maturity date					4 years
Senior Notes [Member] | Contractual Interest Rate Reduction [Member]
Debt Instrument [Line Items]
Weighted average interest rate					105.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, outstanding amount					$ 0
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Maturity date	Apr. 30, 2026
Line of credit facility. maximum borrowing capacity	$ 800,000,000
Letter of credit sublimit	250,000,000
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Maximum [Member] | Texas Capital Bank [Member]
Debt Instrument [Line Items]
Line of credit facility, increased amount	$ 200,000,000
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Eurodollar Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		2.05%
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Eurodollar Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		2.65%
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.05%
Revolving Credit Facility [Member] | Second Amended And Restated Credit Agreement [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.65%

Debt (Schedule of Outstanding D

Debt (Schedule of Outstanding Debt Obligations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Aug. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Notes payable	$ 998,936		$ 894,875
Revolving line of credit
Mortgage repurchase facilities	331,876		259,050
Total debt	1,330,812		1,153,925
Senior Note 3.875% Due August 2029 [Member]
Debt Instrument [Line Items]
Notes payable	$ 494,117
Interest rate	3.875%	3.875%
Maturity date	2029-08
Senior Notes 6.750% Due May 2027 [Member]
Debt Instrument [Line Items]
Notes payable	$ 495,581		494,768
Interest rate	6.75%
Maturity date	2027-05
Senior Notes 5.875% Due July 2025 [Member]
Debt Instrument [Line Items]
Notes payable			396,821
Interest rate	5.875%
Maturity date	2025-07
Other Financing Obligations [Member]
Debt Instrument [Line Items]
Notes payable	$ 9,238		$ 3,286

Debt (Schedule Of Aggregate Ann

Debt (Schedule Of Aggregate Annual Maturities Of Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt [Abstract]
2022	$ 341,114
2023
2024
2025
2026
Thereafter	1,000,000
Total	1,341,114
Less: Discount and deferred financing costs, net on senior notes	(10,302)
Total debt (Carrying amount)	$ 1,330,812	$ 1,153,925

Interest (Schedule of Capitaliz

Interest (Schedule of Capitalized Interest Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest [Abstract]
Interest capitalized beginning of period	$ 60,838	$ 67,069	$ 53,842
Interest capitalized during period	59,387	65,771	74,377
Less: capitalized interest in cost of sales	(66,846)	(72,002)	(61,150)
Interest capitalized end of period	$ 53,379	$ 60,838	$ 67,069

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Examination [Line Items]
Effective tax rate	21.00%	21.00%	21.00%
Tax valuation allowance	$ 0	$ 0
Reserves for uncetain tax positions	0	0
Income tax expense impacted by the benefit from Federal Energy Credits	16,451	$ 8,549	$ 17,256
Federal income tax credit for each home meets the statute	$ 2
Maximum [Member] | Federal [Member]
Income Tax Examination [Line Items]
Income tax year under examination	2021
Minimum [Member] | Federal [Member]
Income Tax Examination [Line Items]
Income tax year under examination	2016

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Abstract]
Federal	$ 120,448	$ 51,741	$ 9,113
State and local	30,871	14,203	7,354
Total current	151,319	65,944	16,467
Federal	(7,151)	(1,375)	2,528
State and local	(1,550)	(486)	646
Total deferred	(8,701)	(1,861)	3,174
Income tax expense	$ 142,618	$ 64,083	$ 19,641

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, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Abstract]
Statutory income tax expense	$ 134,636	$ 56,730	$ 27,844
State income tax expense, net of federal income tax expense	24,123	11,153	5,483
Executive compensation	3,520	4,566	4,123
Excess tax benefits upon vesting of share based payment awards	(764)	(108)	(252)
Federal energy credits	(16,451)	(8,549)	(17,256)
State tax credits	(1,220)	(900)
Other	(1,226)	1,191	(301)
Income tax expense	$ 142,618	$ 64,083	$ 19,641

Income Taxes (Schedule Of Defer

Income Taxes (Schedule Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Income Taxes [Abstract]
Warranty reserves	$ 3,265	$ 3,389
Stock-based compensation	770	841
Accrued compensation and other	16,151	9,949
Inventories, additional costs capitalized for tax	6,959	2,028
Lease liabilities	4,433	4,245
Other	2,205	1,794
Deferred tax asset	33,783	22,246
Prepaid expenses	(246)	(141)
Property and equipment	(4,801)	(4,658)
Mortgage servicing rights	(3,352)	(1,009)
Right of use assets	(4,145)	(3,988)
Deferred tax liability	(12,544)	(9,796)
Net deferred tax asset	$ 21,239	$ 12,450

Fair Value Disclosures (Narrati

Fair Value Disclosures (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)item	Dec. 31, 2020USD ($)item	Dec. 31, 2019USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory before impairment		$ 12,000
Number of communities impairment charges | item	1	4
Impairment charge	$ 41	$ 2,172	$ 4,783
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory		$ 9,800

Fair Value Disclosures (Schedul

Fair Value Disclosures (Schedule of Assets and Liabilities Measured at Fair Value) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)$ / item	Dec. 31, 2020USD ($)$ / item
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale	$ 353,063	$ 282,639
Derivative liabilities	$ 359	$ 3,807
Mortgage servicing rights, cost to service per year per loan | $ / item	0.085	0.084
Prepayment Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights rates	8.5	10.4
Discount Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights rates	9.9	9.8
Level 2 [Member] | Recurring [Member] | Mortgage Loan Held For Sale [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for sale	$ 353,063	$ 282,639
Level 2 [Member] | Recurring [Member] | Prepaid Expenses And Other Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	5,944	7,755
Level 2 [Member] | Recurring [Member] | Accrued Expenses And Other Liabilities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	359	3,807
Level 3 [Member] | Recurring [Member] | Prepaid Expenses And Other Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage loans held for investment	13,456	8,727
Mortgage servicing rights	$ 13,701	$ 4,115

Fair Value Disclosures (Sched_2

Fair Value Disclosures (Schedule of Reconciliation of Level 3 Recurring at Fair Value) (Details) - Level 3 [Member] - Recurring [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Mortgage Servicing Rights [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of period	$ 4,115
Originations	10,295	4,115
Settlements	(920)
Changes in fair value	211
End of period	13,701	4,115
Mortgage Loans Held-For-Investment [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning of period	8,727	3,385
Transfers from loans held for sale	7,075	7,050
Settlements	(2,235)	(1,525)
Reduction in unpaid principal balance	(213)	(111)
Changes in fair value	102	(72)
End of period	$ 13,456	$ 8,727

Fair Value Disclosures (Sched_3

Fair Value Disclosures (Schedule of Carrying Values and Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 316,310	$ 394,001	$ 55,436
Secured notes receivable		2,434
Senior notes	998,936	894,875
Revolving line of credit
Mortgage repurchase facilities	331,876	259,050
Secured note receivable was paid in full	2,400
Carrying amounts include unamortized deferred financing costs, premiums and discounts	10,302
Senior Notes 3.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying amounts include unamortized deferred financing costs, premiums and discounts	$ 5,900
Interest rate	3.875%
Senior Notes 5.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying amounts include unamortized deferred financing costs, premiums and discounts		$ 3,200
Interest rate		5.875%
Senior Notes 6.750% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying amounts include unamortized deferred financing costs, premiums and discounts	$ 4,400	$ 5,200
Interest rate	6.75%	6.75%
Level 1 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 316,310	$ 394,001
Level 1 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	316,310	394,001
Level 2 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable		2,434
Mortgage repurchase facilities	331,876	259,050
Level 2 [Member] | Carrying Value [Member] | Senior Notes 3.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	494,117
Level 2 [Member] | Carrying Value [Member] | Senior Notes 5.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes		396,821
Level 2 [Member] | Carrying Value [Member] | Senior Notes 6.750% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	495,581	494,768
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Secured notes receivable		2,448
Mortgage repurchase facilities	331,876	259,050
Level 2 [Member] | Fair Value [Member] | Senior Notes 3.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	504,375
Level 2 [Member] | Fair Value [Member] | Senior Notes 5.875% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes		417,500
Level 2 [Member] | Fair Value [Member] | Senior Notes 6.750% [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	526,875	533,750
Level 3 [Member] | Carrying Value [Member] | Other Financing Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	9,238	3,286
Level 3 [Member] | Fair Value [Member] | Other Financing Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes	$ 9,238	$ 3,286
Minimum [Member] | Insurance Premium Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate	2.99%	3.20%
Maximum [Member] | Insurance Premium Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate	3.24%	3.24%

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Right of use asset	$ 16,939	$ 16,175
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Prepaid Expense and Other Assets	Prepaid Expense and Other Assets
Lease liability	$ 17,359	$ 16,801
Operating lease expense	$ 7,300	$ 6,500
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lease term	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lease term	7 years

Leases (Information Of Lease Ri

Leases (Information Of Lease Right Of Use Asset And Lease Liability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Cash paid for operating lease liabilities	$ 6,768	$ 6,074
Right of use assets obtained in exchange for new operating lease obligations	$ 6,712	$ 2,815
Weighted-average remaining lease term	3 years 2 months 15 days	3 years 6 months 7 days
Weighted-average discount rate	4.65%	5.64%

Leases (Maturities Of Lease Lia

Leases (Maturities Of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
2022	$ 5,989
2023	5,893
2024	4,427
2025	1,775
2026	587
Thereafter	17
Total	18,688
Less: discount	(1,329)
Total lease liabilities	$ 17,359	$ 16,801

Post-Retirement Plan (Narrative

Post-Retirement Plan (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Post-Retirement Plan [Abstract]
Matching contribution, percentage	50.00%	50.00%	50.00%
Employer contribution, percet of employee's gross pay	6.00%	6.00%	6.00%
Contribution, amount	$ 3.2	$ 2.5	$ 1.9

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 14.4	$ 18.3	$ 15.3
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	200,000	400,000	600,000
Grant date fair value	$ 53.21	$ 30.44	$ 23.85
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
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	200,000	300,000	300,000
Grant date fair value	$ 58.28	$ 26.38	$ 22.01
Awards vesting period	3 years
Shares will vest if defined maximum performance targets are met	800,000
Shares will vest if defined maximum performance targets are not met	0
Performance Share Units [Member] | Tranche One [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance target range	0.00%
Performance Share Units [Member] | Tranche One [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance target range	250.00%
Performance Share Units, Vested In 2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested	300,000
Non-Employee Directors [Member] | Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	7,000
Grant date fair value	$ 78.30

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Restricted Stock Award Activity) (Details) - RSUs, PSUs And RSAs [Member] - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Outstanding, beginning of year (shares)	1,462	1,219	846
Granted (shares)	347	701	882
Vested (shares)	(675)	(454)	(430)
Forfeited (shares)	(30)	(4)	(79)
Outstanding, end of year (shares)	1,104	1,462	1,219
Outstanding, beginning of year (Weighted average per share grant date fair value)	$ 26.76	$ 24.64	$ 25.14
Granted (Weighted average per share grant date fair value)	55.60	28.90	23.49
Vested (Weighted average per share grant date fair value)	29.31	24.42	23.53
Forfeited (Weighted average per share grant date fair value)	37.68	28.56	24.99
Outstanding, end of year (Weighted average per share grant date fair value)	$ 31.48	$ 26.76	$ 24.64

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary of Outstanding RSUs and PSUs) (Details) - RSUs And PSUs [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested units | shares	1,104
Unrecognized compensation cost | $	$ 17,206
Weighted-average period to recognize compensation cost	1 year 8 months 8 days

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 27, 2019	May 08, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Nov. 30, 2018	May 10, 2017
Class of Stock [Line Items]
Common stock shares authorized			100,000,000	100,000,000
Common stock, par value			$ 0.01	$ 0.01
Preferred stock shares authorized			50,000,000	50,000,000
Preferred stock, par value			$ 0.01	$ 0.01
Common stock shares issued			33,760,940	33,350,633
Common stock shares outstanding			33,760,940	33,350,633
Preferred stock shares outstanding			0	0
Gross proceeds from issuances of common stock					$ 79,052
Shares authorized to be repurchased						4,500,000
Shares available to be purchased			3,812,939
Common stock shares repurchased, shares					83,000
Common stock shares repurchased, value					$ 1,439
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
2017 Incentive Plan [Member]
Class of Stock [Line Items]
Common stock shares rolled into plan							600,000
Amended 2017 Incentive Plan [Member]
Class of Stock [Line Items]
Additional shares authorized		1,600,000
Common stock shares for stock award, available for issuance			700,000
Vesting of restricted stock units, shares			700,000	500,000
Distribution Agreement [Member]
Class of Stock [Line Items]
Aggregate offering price	$ 100,000
Available for sale, common stock			$ 100,000
Common stock shares sold and issued			0	0

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule of Dividends Declared) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)$ / shares
Quarterly Dividend Q2 [Member]
Dividends Payable [Line Items]
Declaration Date	May 19, 2021
Record Date	Jun. 2, 2021
Payable Date	Jun. 16, 2021
Cash Dividends Declared, Per Share | $ / shares	$ 0.15
Cash Dividends Declared, Amount | $	$ 5,064
Quarterly Dividend Q3 [Member]
Dividends Payable [Line Items]
Declaration Date	Aug. 18, 2021
Record Date	Sep. 1, 2021
Payable Date	Sep. 15, 2021
Cash Dividends Declared, Per Share | $ / shares	$ 0.15
Cash Dividends Declared, Amount | $	$ 5,064
Quarterly Dividend Q4 [Member]
Dividends Payable [Line Items]
Declaration Date	Nov. 10, 2021
Record Date	Dec. 1, 2021
Payable Date	Dec. 15, 2021
Cash Dividends Declared, Per Share | $ / shares	$ 0.15
Cash Dividends Declared, Amount | $	$ 5,064

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings Per Share [Abstract]
Anti-dilutive shares related to PSU's granted	0.2	0.8	0.6

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, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Numerator
Net income	$ 164,965	$ 113,977	$ 117,910	$ 101,652	$ 91,817	$ 49,764	$ 38,450	$ 26,126	$ 498,504	$ 206,157	$ 112,994
Denominator
Weighted average common shares outstanding - basic									33,706,782	33,312,554	30,886,382
Dilutive effect of restricted stock units									738,136	297,544	300,570
Weighted average common shares outstanding - diluted									34,444,918	33,610,098	31,186,952
Earnings per share:
Basic	$ 4.89	$ 3.38	$ 3.49	$ 3.03	$ 2.75	$ 1.49	$ 1.15	$ 0.79	$ 14.79	$ 6.19	$ 3.66
Diluted	$ 4.78	$ 3.31	$ 3.47	$ 3	$ 2.72	$ 1.48	$ 1.15	$ 0.78	$ 14.47	$ 6.13	$ 3.62

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies [Abstract]
Outstanding letters of credit and performance bonds	$ 492.5	$ 402.7

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, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues									$ 4,216,314	$ 3,161,192	$ 2,535,911
Income before income tax expense	$ 212,177	$ 145,761	$ 152,134	$ 131,049	$ 121,164	$ 64,885	$ 50,103	$ 34,088	641,122	270,240	132,635
Net income	$ 164,965	$ 113,977	$ 117,910	$ 101,652	$ 91,817	$ 49,764	$ 38,450	$ 26,126	$ 498,504	$ 206,157	$ 112,994
Basic earnings per share	$ 4.89	$ 3.38	$ 3.49	$ 3.03	$ 2.75	$ 1.49	$ 1.15	$ 0.79	$ 14.79	$ 6.19	$ 3.66
Diluted earnings per share	$ 4.78	$ 3.31	$ 3.47	$ 3	$ 2.72	$ 1.48	$ 1.15	$ 0.78	$ 14.47	$ 6.13	$ 3.62
Home Sales [Member]
Revenues	$ 1,151,564	$ 917,337	$ 1,004,789	$ 959,279	$ 946,803	$ 760,239	$ 747,415	$ 572,710	$ 4,032,969	$ 3,027,167	$ 2,481,465
Gross margin from home sales revenues	$ 298,704	$ 235,325	$ 240,121	$ 202,772	$ 197,216	$ 132,875	$ 126,760	$ 102,183