Green Brick Partners, Inc
(NYSE:GRBK)

Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates in three segments: Builder operations Central, Builder operations Southeast, and Land development. The company is involved in the land acquisition and development, entitlements, desig...

Website: http://greenbrickpartners.com

Full Time Employees: 460

Sector: Consumer Cyclical

Industry: Residential Construction

Consumer Cyclical

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At a glance:

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-09-30	2008-06-30	2007-12-31

residential units revenue	549,960,000	499,091,000	547,109,000	495,317,000	556,855,000	522,859,000	547,138,000	443,284,000	448,525,000	415,923,000	454,445,000	450,362,000	430,026,000	396,749,000	512,515,000	364,661,000	420,051,000	338,900,000	333,500,000	217,236,000	246,437,000	263,885,000	228,667,000	191,187,000	223,270,000	199,918,000	175,054,000	161,588,000
land and lots revenue	2,652,000		2,038,000	2,304,000	10,459,000	801,000	13,493,000	4,054,000	1,857,000	3,055,000	1,844,000	1,699,000	1,063,000	11,195,000	12,629,000	28,955,000	32,200,000	3,440,000	40,306,000	17,243,000	7,663,000	11,936,000	4,166,000	22,080,000	6,852,000	9,486,000	8,452,000	7,040,000
total revenues	552,612,000	499,091,000	549,147,000	497,621,000	567,314,000	523,660,000	560,631,000	447,338,000	450,382,000	418,978,000	456,289,000	452,061,000	431,089,000	407,944,000	525,144,000	393,616,000	452,251,000	342,340,000	373,806,000	234,479,000	254,100,000	275,821,000	232,833,000	213,267,000	230,122,000	209,404,000	183,506,000	168,628,000	190,380,000	149,992,000	155,010,000	128,265,000	136,380,000	113,706,000	104,951,000	99,337,000	119,764,000	91,670,000	98,936,000	69,958,000	85,508,000	75,198,000	71,987,000
yoy	-2.59%	-4.69%	-2.05%	11.24%	25.96%	24.99%	22.87%	-1.04%	4.48%	2.70%	-13.11%	14.85%	-4.68%	19.16%	40.49%	67.87%	77.98%	24.12%	60.55%	9.95%	10.42%	31.72%	26.88%	26.47%	20.88%	39.61%	18.38%	31.47%	39.60%	31.91%	47.70%	29.12%	13.87%	24.04%	6.08%	42.00%	40.06%	21.90%	37.44%
qoq	10.72%	-9.12%	10.35%	-12.28%	8.34%	-6.59%	25.33%	-0.68%	7.50%	-8.18%	0.94%	4.86%	5.67%	-22.32%	33.42%	-12.97%	32.11%	-8.42%	59.42%	-7.72%	-7.88%	18.46%	9.17%	-7.32%	9.89%	14.11%	8.82%	-11.43%	26.93%	-3.24%	20.85%	-5.95%	19.94%	8.34%	5.65%	-17.06%	30.65%	-7.34%	41.42%	-18.19%	13.71%	4.46%
cost of residential units	388,277,000	343,629,000	380,656,000	340,621,000	365,726,000	351,666,000	358,183,000	295,313,000	307,479,000	277,446,000	312,030,000	326,124,000	317,806,000	268,536,000	347,142,000	263,430,000	310,228,000	247,899,000	244,165,000	162,072,000	184,534,000	198,422,000	175,723,000	147,187,000	176,221,000	157,243,000	136,592,000	127,828,000	141,545,000	108,781,000	112,316,000	94,509,000	104,999,000	84,752,000	78,553,000	73,761,000	92,789,000	66,737,000	71,999,000	51,929,000	59,434,000	55,173,000	46,108,000	-35,814,000
cost of land and lots	2,290,000		977,000	1,215,000	7,553,000	431,000	12,782,000	3,768,000	1,275,000	2,519,000	1,324,000	1,331,000	829,000	6,089,000	9,106,000	21,830,000	31,265,000	3,105,000	28,665,000	13,418,000	5,712,000	9,513,000	3,215,000	17,111,000	5,191,000	7,436,000	6,633,000	5,434,000	10,911,000	10,553,000	8,076,000	6,626,000	2,550,000	3,544,000	3,472,000	4,290,000	2,110,000	2,676,000	3,373,000	2,340,000	8,030,000	4,217,000	8,600,000	-6,278,000
total cost of revenues	390,567,000	343,629,000	381,633,000	341,836,000	373,279,000	352,097,000	370,965,000	299,081,000	308,754,000	279,965,000	313,354,000	327,455,000	318,635,000	274,625,000	356,248,000	285,260,000	341,493,000	251,004,000	272,830,000	175,490,000	190,246,000	207,935,000	178,938,000	164,298,000	181,412,000	164,679,000	143,225,000	133,262,000
total gross profit	162,045,000	155,462,000	167,514,000	155,785,000	194,035,000	171,563,000	189,666,000	148,257,000	141,628,000	139,013,000	142,935,000	124,606,000	112,454,000	133,319,000	168,896,000	108,356,000	110,758,000	91,336,000	100,976,000	58,989,000	63,854,000	67,886,000	53,895,000	48,969,000	48,710,000	44,725,000	40,281,000	35,366,000	37,924,000	30,658,000	34,618,000	27,130,000	28,831,000	25,410,000	22,926,000	21,286,000	24,865,000	22,257,000	23,564,000	15,689,000	18,044,000	15,808,000	17,279,000
yoy	-16.49%	-9.38%	-11.68%	5.08%	37.00%	23.42%	32.69%	18.98%	25.94%	4.27%	-15.37%	15.00%	1.53%	45.97%	67.26%	83.69%	73.46%	34.54%	87.36%	20.46%	31.09%	51.79%	33.80%	38.46%	28.44%	45.88%	16.36%	30.36%	31.54%	20.65%	51.00%	27.45%	15.95%	14.17%	-2.71%	35.67%	37.80%	40.80%	36.37%
qoq	4.23%	-7.19%	7.53%	-19.71%	13.10%	-9.54%	27.93%	4.68%	1.88%	-2.74%	14.71%	10.81%	-15.65%	-21.06%	55.87%	-2.17%	21.26%	-9.55%	71.18%	-7.62%	-5.94%	25.96%	10.06%	0.53%	8.91%	11.03%	13.90%	-6.75%	23.70%	-11.44%	27.60%	-5.90%	13.46%	10.83%	7.70%	-14.39%	11.72%	-5.55%	50.19%	-13.05%	14.14%	-8.51%
gross margin %	29.32%	31.15%	30.50%	31.31%	34.20%	32.76%	33.83%	33.14%	31.45%	33.18%	31.33%	27.56%	26.09%	32.68%	32.16%	27.53%	24.49%	26.68%	27.01%	25.16%	25.13%	24.61%	23.15%	22.96%	21.17%	21.36%	21.95%	20.97%	19.92%	20.44%	22.33%	21.15%	21.14%	22.35%	21.84%	21.43%	20.76%	24.28%	23.82%	22.43%	21.10%	21.02%	24.00%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
selling, general and administrative expenses	-58,556,000	-58,140,000	-59,772,000	-54,895,000	-60,654,000	-57,740,000	-57,602,000	-50,570,000	-50,919,000	-46,884,000	-49,229,000	-45,945,000	-44,629,000	-43,251,000	-41,798,000	-34,265,000	-37,087,000	-33,709,000	-33,985,000	-29,488,000	-30,416,000	-29,177,000	-25,672,000	-26,869,000
equity in income of unconsolidated entities	-404,000	422,000	511,000	473,000	313,000	992,000	1,186,000	2,592,000	5,477,000	1,345,000	5,699,000	4,221,000	5,719,000	5,697,000	8,523,000	5,687,000	5,674,000	5,555,000	4,593,000	3,891,000	3,616,000	5,299,000	5,174,000	2,565,000	2,244,000	3,022,000	2,697,000	1,846,000	725,000	2,719,000	2,279,000
other income	10,022,000	8,891,000	4,035,000	4,785,000	4,400,000	4,161,000	5,927,000	15,354,000	5,657,000	4,612,000	4,807,000	4,290,000	4,410,000	1,831,000	2,661,000	2,855,000	3,244,000	1,976,000	2,393,000	1,870,000	1,053,000	2,125,000	2,788,000	-1,909,000	2,340,000	3,795,000	775,000	2,093,000	-162,000	709,000	1,350,000	708,000	692,000	435,000	386,000	542,000	408,000	564,000	1,320,000	516,000	1,700,000	402,000	275,000	331,000					1,647,500	2,535,000	2,597,000	1,459,000	762,000	680,000
income before income taxes	113,107,000	106,635,000	112,288,000	106,148,000	138,094,000	118,976,000	139,177,000	115,633,000	101,843,000	98,086,000	104,212,000	87,172,000	77,954,000	97,596,000	138,282,000	82,633,000	82,589,000	65,158,000	73,977,000	35,262,000	37,949,000	45,923,000	36,185,000	22,756,000	22,582,000	24,972,000	21,456,000	15,319,000																					-3,798,750	-5,129,000	-4,737,000	-5,328,000	-8,708,750	-11,328,000	-12,415,000	-11,093,000		2,549,000	-8,317,000	-9,049,000	-1,063,000	-1,758,000	-11,976,000	-10,426,000	8,837,000	-8,373,000				2,383,000
income tax expense	26,261,000	23,226,000	22,957,000	22,223,000	22,909,000	23,078,000	23,896,000	24,842,000	21,484,000	20,975,000	23,148,000	19,031,000	16,790,000	16,963,000	30,278,000	18,437,000	15,512,000	13,898,000	15,694,000	7,501,000	7,659,000	9,969,000	1,348,000	6,040,000	5,034,000	5,833,000	5,332,000	3,828,000
net income	86,846,000	83,409,000	89,331,000	83,925,000	115,185,000	95,898,000	115,281,000	90,791,000	80,359,000	77,111,000	81,064,000	68,141,000	61,164,000	80,633,000	108,004,000	64,196,000	67,077,000	51,260,000	58,283,000	27,761,000	30,290,000	35,954,000	34,837,000	16,716,000	17,548,000	19,139,000	16,124,000	11,491,000	16,928,000	15,373,000	18,995,000	13,239,000	-4,379,000	11,929,000	9,431,000	8,226,000	13,100,000	8,165,000	9,418,000	4,490,000	7,067,000	5,286,000	7,004,000	6,188,000	65,361,000	-681,000	-2,814,000	-805,000	-30,455,000	-5,129,000	-4,737,000	-5,328,000	-11,487,000	-11,328,000	-12,415,000	-11,093,000		2,549,000	-8,317,000	-9,049,000	-1,063,000	-1,758,000	-11,976,000	-10,426,000	-7,134,750	-8,373,000				948,000
yoy	-24.60%	-13.02%	-22.51%	-7.56%	43.34%	24.36%	42.21%	33.24%	31.38%	-4.37%	-24.94%	6.15%	-8.82%	57.30%	85.31%	131.25%	121.45%	42.57%	67.30%	66.07%	72.61%	87.86%	116.06%	45.47%	3.66%	24.50%	-15.11%	-13.20%	-486.57%	28.87%	101.41%	60.94%	-133.43%	46.10%	0.14%	83.21%	85.37%	54.46%	34.47%	-27.44%	-89.19%	-876.21%	-348.90%	-868.70%	-314.62%	-86.72%	-40.60%	-84.89%	165.13%	-54.72%	-61.84%	-51.97%		-544.41%	49.27%	22.59%		-244.99%	-30.55%	-13.21%	-85.10%	-79.00%				-983.23%
qoq	4.12%	-6.63%	6.44%	-27.14%	20.11%	-16.81%	26.97%	12.98%	4.21%	-4.88%	18.97%	11.41%	-24.15%	-25.34%	68.24%	-4.30%	30.86%	-12.05%	109.95%	-8.35%	-15.75%	3.21%	108.41%	-4.74%	-8.31%	18.70%	40.32%	-32.12%	10.12%	-19.07%	43.48%	-402.33%	-136.71%	26.49%	14.65%	-37.21%	60.44%	-13.30%	109.76%	-36.47%	33.69%	-24.53%	13.19%	-90.53%	-9697.80%	-75.80%	249.57%	-97.36%	493.78%	8.28%	-11.09%	-53.62%	1.40%	-8.76%	11.92%			-130.65%	-8.09%	751.27%	-39.53%	-85.32%	14.87%	46.13%	-14.79%
net income margin %	15.72%	16.71%	16.27%	16.87%	20.30%	18.31%	20.56%	20.30%	17.84%	18.40%	17.77%	15.07%	14.19%	19.77%	20.57%	16.31%	14.83%	14.97%	15.59%	11.84%	11.92%	13.04%	14.96%	7.84%	7.63%	9.14%	8.79%	6.81%	8.89%	10.25%	12.25%	10.32%	-3.21%	10.49%	8.99%	8.28%	10.94%	8.91%	9.52%	6.42%	8.26%	7.03%	9.73%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	NaN%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	NaN%	NaN%	NaN%	Infinity%
less: net income attributable to noncontrolling interests	8,481,000	5,556,000	7,383,000	8,866,000			9,923,000	7,490,000	7,339,000	4,955,000	5,794,000	3,961,000	5,617,000	7,113,000	6,748,000	2,619,000	3,606,000	2,753,000	6,020,000	1,792,000	980,000	1,135,000	1,190,000	799,000	1,628,000	3,468,000	1,664,000	-1,114,000	3,574,000	3,176,000	4,126,000	2,036,000	3,816,000	2,649,000	1,742,000	2,029,000	5,424,000	1,922,000	2,675,000	1,396,000	2,374,000	2,460,000	3,216,000	2,170,000
net income attributable to green brick partners, inc.	78,365,000	77,853,000	81,948,000	75,059,000	103,813,000	89,111,000	105,358,000	83,301,000	73,020,000	72,156,000	75,270,000	64,180,000	55,547,000	73,520,000	101,256,000	61,577,000	63,471,000	48,507,000	52,263,000	25,969,000	29,310,000	34,819,000	33,647,000	15,917,000	15,920,000	15,671,000	14,460,000	12,605,000	13,354,000	12,197,000	14,869,000	11,203,000	-8,195,000	9,280,000	7,689,000	6,197,000	7,676,000	6,243,000	6,743,000	3,094,000	4,693,000	2,826,000	3,788,000	4,018,000
net income attributable to green brick partners, inc. per common share:
basic	1,790	1,770	1,860	1,670	2,330	1,990	2,340	1,840	1,600	1,580	1,640	1,380	1,210	1,580	2,090	1,200	1,250	960	1,030	510	580	690	670	320	310	310	290	250	260	240	290	220	-170	190	160	130	160	130	140	60	90	60	120	130
diluted	1,780	1,770	1,850	1,670	2,330	1,980	2,320	1,820	1,590	1,560	1,630	1,370	1,200	1,570	2,080	1,200	1,240	950	1,020	510	580	680	660	310	320	310	290	250	270	240	290	220	-170	190	160	130	160	130	140	60	90	60	120	130
weighted-average common shares used in the calculation of net income attributable to green brick partners, inc. per common share:
basic	43,791,000	43,541,000	43,770,000	44,440,000	44,508,000	44,457,000	44,760,000	44,942,000	45,446,000	45,320,000	45,371,000	45,945,000	47,648,000	46,032,000	48,046,000	50,586,000	50,700,000	50,732,000	50,701,000	50,633,000	50,568,000	50,617,000	50,583,000	50,454,000	50,530,000	50,475,000	50,655,000	50,563,000	50,652,000	50,686,000	50,664,000	50,577,000	49,597,000	49,808,000	49,047,000	48,958,000	48,879,000	48,899,000	48,894,000	48,814,000	40,068,000	48,495,000	31,346,000	31,346,000	14,712,000									5,224				102,395										22,502	15,210	15,223
diluted	43,924,000	43,632,000	43,824,000	44,508,000	44,839,000	44,530,000	45,154,000	45,430,000	45,917,000	45,792,000	45,755,000	46,351,000	47,987,000	46,390,000	48,384,000	50,924,000	51,060,000	51,079,000	51,064,000	50,993,000	50,795,000	50,876,000	50,692,000	50,646,000	50,636,000	50,597,000	50,724,000	50,605,000	50,751,000	50,778,000	50,783,000	50,718,000	49,683,000	49,892,000	49,123,000	49,017,000	48,886,000	48,907,000	48,894,000	48,814,000	40,099,000	48,595,000	31,353,000	31,346,000	14,712,000									5,224				123,031										22,502	15,210	32,656
net income attributable to noncontrolling interests					6,050,000	6,787,000
change in fair value of contingent consideration																					-158,000	-210,000			3,157,000	1,492,000	-197,000	454,000
selling, general and administrative expense																									27,555,000	25,078,000	22,494,000	23,532,000	16,071,000	13,979,000	7,280,000	5,825,000	29,940,000	-4,302,000	-4,167,000	-4,278,000	-3,966,000	-4,334,000	-4,426,000	-4,032,000	-3,965,000	-3,385,000	-3,376,000	-2,939,000
operating profit																											17,984,000	11,380,000	20,160,000	16,679,000	20,601,000	14,367,000	18,547,000	15,890,000	13,427,000	11,573,000	18,534,000	11,336,000	12,393,000	5,483,000	7,965,000	7,361,000	9,256,000
yoy																											-12.70%	-20.79%	8.70%	4.97%	53.43%	24.14%	0.07%	40.17%	8.34%	111.07%	132.69%	54.00%	33.89%
qoq																											58.03%	-43.55%	20.87%	-19.04%	43.39%	-22.54%	16.72%	18.34%	16.02%	-37.56%	63.50%	-8.53%	126.03%	-31.16%	8.21%	-20.47%
operating margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	9.80%	6.75%	10.59%	11.12%	13.29%	11.20%	13.60%	13.97%	12.79%	11.65%	15.48%	12.37%	12.53%	7.84%	9.31%	9.79%	12.86%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
sale of residential units																													100,410,750	137,399,000	143,878,000	120,366,000	133,465,000	108,437,000	100,345,000	93,397,000	116,977,000	87,827,000	93,732,000	66,628,000	75,072,000	69,165,000	60,369,000	49,661,000
sale of land and lots																													7,906,000	12,593,000	11,132,000	7,899,000	2,915,000	5,269,000	4,606,000	5,940,000	2,787,000	3,843,000	5,204,000	3,330,000	10,436,000	6,033,000	11,618,000	8,791,000
total cost of sales																													85,215,250	119,334,000	120,392,000	101,135,000	107,549,000	88,296,000	82,025,000	78,051,000	94,899,000	69,413,000	75,372,000	54,269,000	67,464,000	59,390,000	54,708,000
income before taxes																													15,237,000	20,107,000	24,230,000	16,611,000
income tax provision																													3,335,250	4,734,000	5,235,000	3,372,000	25,396,000	5,364,000	4,382,000	3,889,000	6,041,000	3,657,000	4,230,000	1,453,000	2,942,000	1,856,000	2,166,000	2,207,000
salary expense																															6,737,000	6,938,000	37,808,000	-5,218,000	-5,332,000	-5,435,000	-2,365,000	-6,587,000	-6,745,000	-6,174,000	-6,114,000	-5,062,000	-4,647,000	-4,862,000
equity in income of unconsolidated entity																																1,536,000	1,778,000	968,000
income before provision for income taxes																																	10,805,000	17,293,000	13,813,000	12,115,000	7,853,250	11,822,000	13,648,000	5,943,000	6,176,750	7,142,000	9,170,000
interest expense																																												-281,000					-1,464,000	-2,013,000	-1,959,000	-1,885,000	-1,814,000	-1,901,000	-1,723,000	-1,838,000		-1,978,000	-1,988,000	-4,228,000	-3,544,000	-2,783,000	-2,580,000	-2,698,000	-2,870,000	-4,598,000
depreciation and amortization expense																																					-49,750	-78,000	-65,000	-56,000	344,000	-621,000	-361,000	-227,000
interest on direct financing leases income																																												13,000
management fees expense – related party
interest and fees income
gross profit on sale of residential units																																												13,847,000
gross profit on sale of land and lots																																												2,513,000
net income before taxes																																												8,395,000
revenues																																													41,750	11,000	56,000	100,000
general and administrative expenses:
compensation expense																																													-304,000	-390,000	-384,000	-442,000	-11,546,000	1,040,000	1,089,000	1,310,000	1,187,500	1,435,000	1,510,000	1,804,000	2,175,000	1,676,000	1,616,000	1,770,000	1,678,000	1,606,000	1,667,000	1,879,000	1,609,000	1,467,000	1,580,000	1,504,000	1,115,000	2,988,000
other																																													-812,500	-302,000	-2,486,000	-463,000	-6,888,000	1,527,000	2,004,000	1,721,000	620,500	629,000	923,000	931,000	874,000	846,000	950,000	897,000	923,000	1,976,000	1,514,000	1,152,000	2,015,000	4,270,000	2,652,000	1,138,000	1,353,000	5,409,000
operating income																																													-1,074,750	-681,000	-2,814,000	-805,000	6,186,000	-5,651,000	-5,375,000	-4,902,000	-10,435,000	-10,107,000	-10,692,000	-9,255,000		4,527,000	-6,329,000	-4,821,000	2,481,000	1,025,000	-9,396,000	-7,728,000	11,703,000	-3,788,000
loss from continuing operations before income taxes																																													-1,074,750	-681,000	-2,814,000	-805,000
loss from continuing operations																																													-1,074,750	-681,000	-2,814,000	-805,000
discontinued operations:
loss from discontinued operations
less: net loss from continuing operations attributable to the noncontrolling interest																																													58,500	77,000	64,000
less: net loss from discontinued operations attributable to the noncontrolling interest
net loss attributable to biofuel energy corp. common stockholders																																													-1,016,250	-604,000	-2,750,000	-711,000	-3,305,250	-4,461,000	-4,124,000	-4,635,000			-10,582,000	-9,408,000			-7,042,000	-7,662,000
amounts attributable to biofuel energy corp.:
net loss attributable to biofuel energy corp.																																													-1,016,250	-604,000	-2,750,000	-711,000
basic and fully diluted loss per share attributable to biofuel energy corp.:
continuing operations																																													-0.188	-0.11	-0.51	-0.13
discontinued operations
weighted-average shares outstanding – basic and fully diluted																																														5,456	5,443
less: net loss from continuing operations attributable to noncontrolling interest																																																94,000
weighted-average shares outstanding-basic and fully diluted																																																5,442	5,345
net sales																																																	64,779,750	79,048,000	91,031,000	89,041,000	84,898,000	116,149,000	122,820,000	139,413,000	163,990,000	162,547,000	168,531,000	158,005,000	141,384,000	114,747,000	96,398,000	100,887,000	120,418,000	91,138,000	106,464,000	97,494,000	90,549,000	292,000
cost of goods sold																																																	66,589,250	82,132,000	93,313,000	90,912,000	92,697,000	124,192,000	131,079,000	145,933,000	154,554,000	155,498,000	172,294,000	160,159,000	136,302,000	110,140,000	102,613,000	105,584,000	105,839,000	89,039,000	107,307,000	102,565,000	103,765,000	255,000
gross loss																																																	-1,809,500	-3,084,000	-2,282,000	-1,871,000			-8,259,000	-6,520,000			-3,763,000	-2,154,000			-6,215,000	-4,697,000
other income:
less: net loss attributable to the noncontrolling interest																																																	493,500	668,000	613,000	693,000	1,464,000	1,498,000	1,833,000	1,685,000	-663,000	-355,000	1,275,000	1,387,000	16,000	381,000	2,571,000		-1,989,000	2,139,000	2,454,000	3,468,000
loss per share – basic and diluted attributable to biofuel energy corp. common stockholders																																																	-0.62	-0.84	-0.77	-0.87			-2.05	-0.09			-0.07	-0.11
weighted-average shares outstanding – basic and diluted																																																		5,342	5,342	5,308				102,792
gross profit																																																					-7,799,000	-8,043,000			9,436,000	7,049,000			5,082,000	4,607,000								37,000
net income attributable to biofuel energy corp. common stockholders																																																					-7,455,000	-9,830,000				2,194,000
income per share attributable to biofuel energy corp. common stockholders:
basic																																																					-1.44	-1.88				0.02
diluted																																																					-1.44	-1.88				0.02
weighted-average shares outstanding:
basic	43,791,000	43,541,000	43,770,000	44,440,000	44,508,000	44,457,000	44,760,000	44,942,000	45,446,000	45,320,000	45,371,000	45,945,000	47,648,000	46,032,000	48,046,000	50,586,000	50,700,000	50,732,000	50,701,000	50,633,000	50,568,000	50,617,000	50,583,000	50,454,000	50,530,000	50,475,000	50,655,000	50,563,000	50,652,000	50,686,000	50,664,000	50,577,000	49,597,000	49,808,000	49,047,000	48,958,000	48,879,000	48,899,000	48,894,000	48,814,000	40,068,000	48,495,000	31,346,000	31,346,000	14,712,000									5,224				102,395										22,502	15,210	15,223
diluted	43,924,000	43,632,000	43,824,000	44,508,000	44,839,000	44,530,000	45,154,000	45,430,000	45,917,000	45,792,000	45,755,000	46,351,000	47,987,000	46,390,000	48,384,000	50,924,000	51,060,000	51,079,000	51,064,000	50,993,000	50,795,000	50,876,000	50,692,000	50,646,000	50,636,000	50,597,000	50,724,000	50,605,000	50,751,000	50,778,000	50,783,000	50,718,000	49,683,000	49,892,000	49,123,000	49,017,000	48,886,000	48,907,000	48,894,000	48,814,000	40,099,000	48,595,000	31,353,000	31,346,000	14,712,000									5,224				123,031										22,502	15,210	32,656
weighted-average shares outstanding-basic and diluted																																																							5,167		94,687		102,077	71,301	25,421
interest income																																																																	4,000	13,000	27,000	34,000	135,000	325,000
other non-operating expense
net loss attributable to biofuel energy corp. common shareholders																																																													-4,734,000	-1,377,000	-9,405,000		6,848,000	-6,234,000		-7,710,000
loss per share - basic and diluted attributable to biofuel energy corp. common shareholders																																																													-0.188	-0.05	-0.37	-0.32	-0.218	-0.26
weighted average shares outstanding – basic and diluted																																																														25,449	25,441
other non-operating income																																																																				2,000		338,000
income tax benefit
less: net income attributable to the noncontrolling interest																																																																2,272,000
net income attributable to biofuel energy corp. common shareholders																																																																-8,154,000			-6,534,000
weighted-average shares outstanding - basic and diluted																																																																25,341
gross income																																																																	-953,750	2,099,000
other operating expense																																																																		150,000			1,345,000
loss on derivative financial instruments
weighted average shares outstanding
basic																																																																		24,397	23,335
diluted																																																																		24,397	23,335
unrealized gain on derivative financial instruments																																																																						10,080,000
income (loss) before income taxes
income (loss) per share - basic attributable to biofuel energy corp. common shareholders																																																																			-0.28
income (loss) per share - diluted attributable to biofuel energy corp. common shareholders																																																																			-0.28
loss per share - basic and diluted attributable to bioful energy corp. common shareholders																																																																				-0.34
weighted-average shares outstanding
basic	43,791,000	43,541,000	43,770,000	44,440,000	44,508,000	44,457,000	44,760,000	44,942,000	45,446,000	45,320,000	45,371,000	45,945,000	47,648,000	46,032,000	48,046,000	50,586,000	50,700,000	50,732,000	50,701,000	50,633,000	50,568,000	50,617,000	50,583,000	50,454,000	50,530,000	50,475,000	50,655,000	50,563,000	50,652,000	50,686,000	50,664,000	50,577,000	49,597,000	49,808,000	49,047,000	48,958,000	48,879,000	48,899,000	48,894,000	48,814,000	40,068,000	48,495,000	31,346,000	31,346,000	14,712,000									5,224				102,395										22,502	15,210	15,223
diluted	43,924,000	43,632,000	43,824,000	44,508,000	44,839,000	44,530,000	45,154,000	45,430,000	45,917,000	45,792,000	45,755,000	46,351,000	47,987,000	46,390,000	48,384,000	50,924,000	51,060,000	51,079,000	51,064,000	50,993,000	50,795,000	50,876,000	50,692,000	50,646,000	50,636,000	50,597,000	50,724,000	50,605,000	50,751,000	50,778,000	50,783,000	50,718,000	49,683,000	49,892,000	49,123,000	49,017,000	48,886,000	48,907,000	48,894,000	48,814,000	40,099,000	48,595,000	31,353,000	31,346,000	14,712,000									5,224				123,031										22,502	15,210	32,656
selling, general and administrative expenses:
loss on derivative instruments
loss before minority interest
minority interest																																																																					37,493,000
beneficial conversion charge
net loss to common shareholders																																																																					-33,148,000
loss per share - basic																																																																					-2.18
loss per share - diluted																																																																					-2.18
income before minority interest																																																																						2,383,000
net income to common shareholders																																																																						948,000
income per share - basic																																																																						0.06
income per share - diluted																																																																						0.03

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2007-06-30

assets
cash and cash equivalents	154,590,000	142,426,000	112,459,000	103,003,000	141,543,000	80,069,000	133,294,000	185,897,000	179,756,000	223,453,000	209,595,000	177,271,000	76,588,000	48,203,000	66,765,000	66,083,000	78,696,000	21,561,000	33,517,000	28,688,000	19,479,000	40,269,000	43,162,000	105,860,000										20,720,000	27,297,000	32,332,000	35,157,000	19,754,000	24,113,000	24,457,000	19,909,000	14,405,000	15,171,000	17,068,000	21,267,000	7,081,000	8,054,000	10,091,000	12,605,000	17,290,000	11,232,000	9,615,000	9,323,000	10,842,000	9,213,000	11,687,000	15,139,000	9,664,000	8,032,000	7,414,000
restricted cash	36,395,000	33,018,000	33,334,000	31,853,000	18,153,000	24,579,000	24,882,000	24,611,000	19,703,000	22,708,000	21,607,000	18,416,000	16,682,000	18,739,000	22,889,000	14,152,000	14,858,000	31,442,000	23,598,000	14,750,000	14,156,000	10,580,000	8,159,000	6,771,000	4,416,000	6,109,000	4,469,000	2,741,000	3,440,000	11,898,000	4,132,000	4,403,000	3,605,000	4,368,000	4,474,000	5,500,000	4,445,000	24,829,000	1,544,000	955,000	1,392,000	2,297,000	1,969,000	2,189,000	1,709,000																							16,000			2,784,000	2,155,086
receivables	39,982,000	40,263,000	41,997,000	12,596,000	13,858,000	11,329,000	14,703,000	8,630,000	10,632,000	9,955,000	7,057,000	7,256,000	5,288,000	7,239,000	6,828,000	7,050,000	6,871,000	7,029,000	7,007,000	7,561,000	5,224,000	5,651,000	14,487,000	6,021,000	4,720,000	9,510,000	5,009,000	2,774,000	4,842,000	4,059,000	6,205,000
real estate inventory:
inventory owned	1,941,524,000	1,931,799,000	1,807,854,000	1,814,595,000
consolidated inventory related to vie	157,687,000	168,296,000	169,057,000	171,930,000
total inventory	2,099,211,000	2,100,095,000	1,976,911,000
mortgage loans held for sale	49,099,000
investments in unconsolidated entities	93,050,000	85,386,000	82,342,000	72,303,000	60,582,000	59,356,000	36,557,000	34,701,000	84,654,000	80,210,000	81,800,000	77,059,000	74,224,000	69,250,000	64,077,000	58,127,000	55,616,000	52,735,000	50,342,000	48,457,000	46,443,000	46,235,000	35,130,000	31,202,000	30,294,000
right-of-use assets - operating leases	7,475,000	7,837,000	6,826,000	6,944,000	7,242,000	7,535,000	7,825,000	6,997,000	7,255,000	7,877,000	2,689,000	3,076,000	3,458,000	3,800,000	4,213,000	4,215,000	4,596,000	5,023,000	4,528,000	2,257,000	2,538,000	2,800,000	3,073,000	2,887,000	3,462,000	3,731,000	3,727,000	3,877,000
property and equipment	6,316,000	5,872,000	5,515,000	5,888,000	6,551,000	6,901,000	6,975,000	6,826,000	7,054,000	5,402,000	4,375,000	3,913,000	2,919,000	2,894,000	2,761,000	2,617,000	2,812,000	3,172,000	3,712,000	3,506,000	3,595,000	3,620,000	3,994,000	4,743,000	4,309,000	4,192,000	4,261,000	4,464,000	4,690,000	4,201,000	3,454,000	2,108,000	804,000	681,000	720,000	805,000	892,000	946,000	846,000	753,000	802,000	1,922,000	1,788,000	1,776,000	1,629,000
earnest money deposits	13,151,000	13,736,000	15,407,000	17,045,000	13,629,000	13,869,000	14,529,000	16,464,000	16,619,000	18,212,000	16,136,000	19,530,000	23,910,000	25,203,000	24,702,000	24,744,000	26,008,000	26,403,000	20,161,000	23,208,000	22,242,000	22,263,000	19,427,000	18,876,000	14,686,000	15,933,000	12,911,000	13,474,000	16,793,000	17,890,000	25,451,000	23,374,000	22,038,000	25,389,000	21,317,000	18,767,000	18,143,000	14,137,000	14,882,000	14,852,000	17,845,000	16,641,000	8,941,000	8,535,000	6,676,000
deferred income tax assets	11,243,000	13,984,000	13,984,000	13,984,000	13,984,000	15,307,000	15,306,000	15,306,000	15,306,000	16,448,000	16,448,000	16,448,000	16,448,000	15,741,000	15,741,000	15,741,000	15,741,000	15,376,000	15,376,000	15,376,000	15,376,000	15,377,000	15,377,000	15,262,000	15,262,000	15,793,000	15,943,000	17,454,000	16,499,000	20,091,000	22,891,000	27,780,000	31,211,000	55,827,000	60,574,000	64,251,000	67,598,000	72,186,000	75,579,000	79,234,000	80,663,000	83,446,000	85,203,000	87,196,000	89,197,000
intangible assets	197,000	218,000	239,000	261,000	282,000	303,000	324,000	345,000	367,000	388,000	409,000	429,000	452,000	473,000	494,000	516,000	537,000	558,000	580,000	601,000	622,000	643,000	665,000	686,000	707,000	728,000	750,000	765,000	856,000	1,041,000	275,000
goodwill	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	680,000	1,725,000
other assets	23,378,000	37,860,000	25,575,000	22,185,000	35,758,000	34,096,000	17,271,000	20,623,000	27,583,000	19,049,000	11,379,000	9,364,000	12,346,000	12,457,000	9,924,000	7,223,000	11,709,000	13,040,000	21,494,000	13,942,000	13,857,000	17,104,000	14,973,000	11,564,000	10,167,000	8,747,000	7,811,000	10,258,000	8,681,000	8,993,000	2,989,000	3,382,000	3,750,000	3,575,000	2,970,000	2,743,000	2,004,000	4,953,000	4,778,000	5,101,000	5,819,000	2,666,000	3,274,000	2,075,000	2,027,000				22,000	2,775,000	2,775,000	2,983,000	2,983,000	3,008,000	3,008,000	3,448,000	3,448,000	2,798,000	2,798,000	2,857,000	2,844,000	2,591,000	2,595,000	2,351,000		2,297,000	57,000	419,000	683,000	759,000	767,000	105,699	37,081
total assets	2,534,767,000	2,481,375,000	2,315,269,000	2,273,267,000	2,249,994,000	2,172,070,000	2,064,402,000	1,976,574,000	1,902,832,000	1,866,646,000	1,776,573,000	1,706,456,000	1,655,675,000	1,657,735,000	1,588,274,000	1,528,657,000	1,421,867,000	1,347,316,000	1,287,136,000	1,079,916,000	988,847,000	944,582,000	910,248,000	975,180,000	875,539,000	865,789,000	832,961,000	793,020,000	784,026,000	771,016,000	705,049,000	643,192,000	612,230,000	606,508,000	554,323,000	533,465,000	540,984,000	554,114,000	505,886,000	505,528,000	473,876,000	440,130,000	418,128,000	409,023,000	400,325,000	8,830,000	8,841,000	10,383,000	15,654,000	233,470,000	239,651,000	249,024,000	250,423,000	263,169,000	275,091,000	286,619,000	299,586,000	305,517,000	311,746,000	320,828,000	331,711,000	329,703,000	327,007,000	339,402,000	346,775,000	340,316,000	346,601,000	352,884,000	392,183,000	419,426,000	387,927,000	312,881,168	273,301,877
liabilities and equity
liabilities:
accounts payable	94,516,000	91,270,000	78,830,000	77,744,000	59,746,000	67,346,000	67,978,000	53,330,000	54,321,000	56,565,000	57,464,000	52,862,000	51,804,000	60,984,000	60,229,000	56,899,000	45,682,000	48,314,000	45,761,000	39,000,000	24,521,000	23,127,000	28,722,000	31,332,000	30,044,000	34,690,000	25,422,000	21,640,000	26,091,000	34,998,000	19,501,000	20,226,000	22,354,000	16,221,000	16,335,000	13,109,000	15,113,000	35,744,000	16,745,000	16,815,000	13,530,000	14,303,000	14,604,000	11,329,000	13,551,000	26,000	47,000	33,000	50,000	4,487,000	7,499,000	13,785,000	11,638,000	13,085,000	14,839,000	11,261,000	9,380,000	16,053,000	22,123,000	20,025,000	16,487,000	10,511,000	7,776,000	9,704,000		7,415,000	7,293,000	7,444,000	36,877,000	12,330,000	9,842,000	16,934,578	13,153,430
accrued expenses	152,637,000	127,523,000	102,632,000	103,490,000	110,068,000	165,900,000	126,144,000	114,218,000	96,457,000	110,909,000	101,464,000	108,492,000	91,281,000	99,425,000	95,615,000	89,558,000	61,351,000	64,567,000	57,425,000	50,235,000	40,416,000	49,847,000	39,391,000	31,492,000	24,656,000	31,178,000	27,783,000	31,914,000	29,201,000	23,645,000	21,128,000	16,286,000	18,465,000	16,555,000	14,428,000	14,923,000	14,290,000	11,189,000	9,121,000	7,241,000	5,719,000	7,807,000	12,108,000	12,383,000	11,299,000
customer and builder deposits	25,716,000	35,179,000	39,635,000	38,517,000	37,068,000	45,065,000	49,316,000	54,120,000	43,148,000	47,239,000	43,252,000	36,948,000	29,112,000	43,622,000	57,624,000	63,618,000	64,610,000	70,079,000	63,700,000	56,073,000	38,131,000	29,339,000	20,893,000	22,585,000	23,954,000	27,122,000	31,578,000	30,335,000	31,978,000	33,814,000	33,988,000	22,698,000	21,447,000	22,756,000	19,292,000	17,067,000	14,088,000	15,318,000	10,122,000	9,071,000	6,938,000	8,393,000	10,209,000	10,007,000	9,752,000
lease liabilities - operating leases	8,637,000	8,966,000	7,935,000	8,029,000	8,343,000	8,600,000	8,756,000	7,873,000	7,898,000	7,923,000	2,780,000	3,187,000	3,582,000	3,972,000	4,362,000	4,415,000	4,745,000	5,053,000	4,582,000	2,289,000	2,591,000	2,888,000	3,161,000	2,986,000	3,564,000	3,837,000	3,751,000	3,996,000
borrowings on lines of credit	-2,465,000	62,753,000	2,183,000	-1,577,000	22,645,000	-1,718,000	-1,921,000	-2,260,000	-2,328,000	-1,983,000	-2,214,000	-2,453,000	17,395,000	42,902,000	34,662,000	19,421,000	-738,000	122,717,000	130,605,000	3,809,000	106,687,000	93,489,000	143,875,000	242,758,000	164,642,000	164,792,000	232,657,000	206,522,000	200,386,000	198,965,000	166,395,000	135,000,000	107,000,000	95,000,000	74,000,000	62,500,000	75,000,000	81,500,000	63,500,000	67,500,000	47,500,000	13,960,000	20,500,000	19,500,000	14,061,000
warehouse lines of credit	46,398,000
senior unsecured notes	261,972,000	261,877,000	274,281,000	274,185,000	299,090,000	298,994,000	311,398,000	311,303,000	336,207,000	336,112,000	336,016,000	335,920,000	335,825,000	335,729,000	335,633,000	335,538,000	335,446,000	235,737,000	235,624,000	235,561,000	111,056,000	111,028,000	73,527,000	73,466,000	73,406,000	73,358,000
notes payable	14,371,000	14,871,000	14,871,000	14,871,000	14,871,000		95,000	113,000	12,981,000	12,998,000	14,591,000	14,607,000	14,622,000	14,638,000	14,653,000	14,668,000	210,000	222,000	233,000	119,000	2,125,000	2,131,000	4,249,000							1,045,000	1,205,000	9,914,000	9,926,000	10,204,000	10,213,000	10,223,000	10,948,000	9,713,000	9,000,000	9,988,000	10,158,000	11,458,000	11,822,000	10,750,000	12,151,000
total liabilities	601,782,000	602,439,000	520,367,000	515,259,000	551,831,000	584,187,000	561,766,000	538,697,000	548,684,000	569,763,000	553,353,000	549,563,000	543,621,000	601,272,000	602,778,000	584,117,000	511,306,000	546,689,000	537,930,000	387,454,000	325,895,000	312,059,000	313,818,000	409,886,000	325,533,000	337,087,000	321,809,000	297,068,000	289,863,000	292,981,000	242,845,000	204,124,000	179,192,000	168,263,000	142,872,000	126,936,000	139,499,000	165,415,000	123,227,000	128,210,000	102,021,000	76,090,000	225,729,000	221,410,000	218,728,000		1,406,000	135,000	4,601,000	193,014,000	194,207,000	198,983,000	195,313,000	196,943,000	197,906,000	197,363,000	199,644,000	210,437,000	219,598,000	220,714,000	277,289,000	274,609,000	270,489,000	271,144,000	268,880,000	271,690,000	270,516,000	268,584,000	274,872,000	231,716,000	204,341,000	117,904,790	84,308,870
commitments and contingencies
redeemable noncontrolling interest in equity of consolidated subsidiary	52,271,000	47,302,000	45,967,000	44,560,000	44,709,000	42,841,000	38,883,000	38,186,000	36,135,000	35,236,000	32,995,000	30,291,000	29,239,000	25,660,000	22,001,000	22,179,000	21,867,000	17,406,000	17,515,000	15,701,000	13,543,000	13,624,000	12,485,000	11,412,000	13,611,000	12,209,000	12,509,000	10,295,000	8,531,000	7,841,000	6,672,000
equity:
green brick partners, inc. stockholders’ equity
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of december 31, 2025 and december 31, 2024, respectively	47,603,000
common stock	432,000	436,000	436,000	446,000	445,000	445,000	449,000	451,000	450,000	454,000	454,000	462,000	460,000	460,000	513,000	512,000	512,000	511,000	511,000	511,000	511,000	511,000	511,000	510,000	509,000	509,000	509,000
additional paid-in capital	243,816,000	245,661,000	244,006,000	252,728,000	244,653,000	243,199,000	246,863,000	259,412,000	255,614,000	256,759,000	256,965,000	263,545,000	259,410,000	261,570,000	293,336,000	292,155,000	289,641,000	293,050,000	292,157,000	293,162,000	293,242,000	292,388,000	292,887,000	294,695,000	290,799,000	291,111,000	289,739,000	291,271,000	291,299,000	291,007,000	290,842,000	290,773,000	289,938,000	289,610,000	274,634,000	274,475,000	273,149,000	272,846,000	272,703,000	272,112,000	271,867,000	271,752,000	101,822,000	101,709,000	101,626,000	191,056,000	191,056,000	191,197,000	191,197,000	190,145,000	190,003,000	189,863,000	189,604,000	189,233,000	188,638,000	187,264,000	186,857,000	186,360,000	185,976,000	185,520,000	138,713,000	138,322,000	137,988,000	137,752,000		136,439,000	136,372,000	134,752,000	131,290,000	131,290,000	130,614,000	127,962,080	120,025,075
retained earnings	1,567,111,000	1,510,462,000	1,433,328,000	1,407,054,000	1,332,714,000	1,229,490,000	1,161,512,000	1,079,619,000	997,037,000	940,400,000	868,962,000	817,802,000	754,341,000	699,514,000	701,325,000	600,788,000	539,866,000	476,395,000	427,888,000	375,625,000	349,656,000	320,347,000	285,528,000	250,944,000	235,027,000	220,262,000	204,591,000	190,131,000	177,526,000	164,172,000	151,975,000	137,106,000	125,903,000	134,098,000	124,819,000	117,130,000	110,933,000	103,257,000	97,014,000	90,271,000	87,177,000	80,551,000	77,725,000	73,937,000	69,919,000
total green brick partners, inc. stockholders’ equity	1,858,962,000	1,804,162,000	1,725,373,000	1,690,912,000	1,625,415,000	1,520,737,000	1,439,235,000	1,383,327,000	1,300,704,000	1,245,216,000	1,174,077,000	1,114,154,000	1,061,907,000	1,009,240,000	947,391,000	912,183,000	874,548,000	766,789,000	717,389,000	666,131,000	640,242,000	610,079,000	575,759,000	542,982,000	523,168,000	508,715,000	493,470,000	480,869,000	468,351,000	455,686,000	443,324,000	428,386,000	416,347,000	424,214,000	399,944,000	392,096,000	384,572,000	376,592,000	370,206,000	362,871,000	359,532,000	352,791,000	179,860,000	175,959,000	171,858,000
noncontrolling interests	21,752,000	27,472,000	23,562,000	22,536,000	28,039,000	24,305,000	24,518,000	16,364,000	17,309,000	16,431,000	16,148,000	12,448,000	20,908,000	21,563,000	16,104,000	10,178,000	14,146,000	16,432,000	14,302,000	10,630,000	9,167,000	8,820,000	8,186,000	10,900,000	13,227,000	7,778,000	5,173,000	4,788,000	17,281,000	14,508,000	12,208,000	10,682,000	16,691,000	14,031,000	11,507,000	14,433,000	16,913,000	12,107,000	12,453,000	14,447,000	12,323,000	11,249,000	12,539,000	11,654,000	9,739,000
total equity	1,880,714,000	1,831,634,000	1,748,935,000	1,713,448,000	1,653,454,000	1,545,042,000	1,463,753,000	1,399,691,000	1,318,013,000	1,261,647,000	1,190,225,000	1,126,602,000	1,082,815,000	1,030,803,000	963,495,000	922,361,000	888,694,000	783,221,000	731,691,000	676,761,000	649,409,000	618,899,000	583,945,000	553,882,000	536,395,000	516,493,000	498,643,000	485,657,000	485,632,000	470,194,000	455,532,000															6,754,000	7,435,000	10,248,000	11,053,000	40,456,000	45,444,000	50,041,000	55,110,000	66,226,000	77,185,000	89,256,000	99,942,000	95,080,000	92,148,000	100,114,000	54,422,000	55,094,000	56,518,000	68,258,000		68,626,000	76,085,000	84,300,000
total liabilities and equity	2,534,767,000	2,481,375,000	2,315,269,000	2,273,267,000	2,249,994,000	2,172,070,000	2,064,402,000	1,976,574,000	1,902,832,000	1,866,646,000	1,776,573,000	1,706,456,000	1,655,675,000	1,657,735,000	1,588,274,000	1,528,657,000	1,421,867,000	1,347,316,000	1,287,136,000	1,079,916,000	988,847,000	944,582,000	910,248,000	975,180,000	875,539,000	865,789,000	832,961,000	793,020,000	784,026,000	771,016,000	705,049,000															8,830,000	8,841,000	10,383,000	15,654,000	233,470,000	239,651,000	249,024,000	250,423,000	263,169,000	275,091,000	286,619,000	299,586,000	305,517,000	311,746,000	320,828,000	331,711,000	329,703,000	327,007,000	339,402,000	346,775,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively		47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of june 30, 2025 and december 31, 2024, respectively			47,603,000
total real estate inventory				1,986,525,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of march 31, 2025 and december 31, 2024, respectively				47,603,000
treasury stock				-16,919,000			-17,192,000	-3,758,000				-15,351,000			-95,479,000	-28,968,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-3,167,000	-1,369,000	-1,041,000	-981,000
inventory					1,937,732,000	1,918,046,000	1,792,056,000	1,655,494,000	1,533,223,000	1,462,264,000	1,404,398,000	1,373,014,000	1,422,680,000	1,453,056,000	1,369,200,000	1,327,509,000	1,203,743,000	1,170,297,000	1,106,141,000	920,890,000	844,635,000	779,360,000	751,121,000	770,628,000	753,567,000	740,799,000	719,878,000	690,817,000	668,961,000	648,241,000	581,368,000	528,499,000	495,655,000	478,369,000	434,590,000	406,199,000	410,297,000	415,242,000	381,958,000	376,050,000	344,132,000	318,027,000	300,972,000	289,259,000	274,303,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of december 31, 2024 and december 31, 2023, respectively					47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of september 30, 2024 and december 31, 2023, respectively						47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of june 30, 2024 and december 31, 2023, respectively							47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of march 31, 2024 and december 31, 2023, respectively								47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of december 31, 2023 and december 31, 2022, respectively									47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of september 30, 2023 and december 31, 2022, respectively										47,603,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of june 30, 2023 and december 31, 2022, respectively											47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of march 31, 2023 and december 31, 2022, respectively												47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of december 31, 2022 and 2021, respectively													47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of september 30, 2022 and december 31, 2021, respectively														47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of june 30, 2022 and december 31, 2021, respectively															47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of march 31, 2022 and december 31 2021, respectively																47,696,000
contingent consideration																				368,000	368,000	210,000		5,267,000	5,267,000	2,110,000	618,000	2,661,000	2,207,000	514,000	628,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; 2,000 and zero issued and outstanding as of december 31, 2021 and 2020, respectively																	47,696,000
preferred stock, 0.01 par value: 5,000,000 shares authorized; none issued and outstanding
cash																									33,269,000	35,123,000	34,383,000	23,873,000	38,315,000	33,116,000	37,069,000	34,445,000	36,684,000
investment in unconsolidated entities																										24,444,000	23,139,000	21,843,000	20,269,000	20,806,000	19,490,000
common shares, 0.01 par value: 100,000,000 shares authorized; 50,820,548 and 50,719,884 issued and 50,675,930 and 50,583,128 outstanding as of march 31, 2019 and december 31, 2018, respectively																												508,000
equity
common shares, 0.01 par value: 100,000,000 shares authorized; 50,719,884 and 50,598,901 issued as of december 31, 2018 and 2017, respectively; 50,583,128 and 50,598,901 outstanding as of december 31, 2018 and 2017, respectively																													507,000
common shares, 0.01 par value: 100,000,000 shares authorized; 50,719,884 and 50,598,901 issued and outstanding as of september 30, 2018 and december 31, 2017, respectively																														507,000
common shares, 0.01 par value: 100,000,000 shares authorized; 50,719,884 and 50,598,901 issued and outstanding as of june 30, 2018 and december 31, 2017, respectively																															507,000
accounts receivable																																1,548,000	1,605,000	1,808,000	2,381,000	2,868,000	2,448,000	2,067,000	2,186,000	4,126,000	3,314,000	726,000	810,000	925,000	749,000	5,000		38,000		7,237,000	12,597,000	15,546,000	9,256,000	13,939,000	14,925,000	18,331,000	13,591,000	18,010,000	25,516,000	28,379,000	27,802,000	21,442,000	18,050,000	16,089,000		16,163,000	21,887,000	17,639,000	18,727,000	291,000
investment in unconsolidated entity																																17,653,000	16,878,000	15,771,000
liabilities and stockholders’ equity
stockholders’ equity
common shares, 0.01 par value: 100,000,000 shares authorized; 50,685,699 and 50,598,901 issued and outstanding as of march 31, 2018 and december 31, 2017, respectively																																507,000
total stockholders’ equity																																439,068,000	433,038,000	438,245,000	411,451,000	406,529,000	401,485,000	388,699,000	382,659,000	377,318,000	371,855,000	364,040,000	192,399,000	187,613,000	181,597,000																								86,728,000	119,634,000	116,585,000	123,052,836	116,247,929
total liabilities and stockholders’ equity																																643,192,000	612,230,000	606,508,000	554,323,000	533,465,000	540,984,000	554,114,000	505,886,000	505,528,000	473,876,000	440,130,000	418,128,000	409,023,000	400,325,000																					340,316,000	346,601,000	352,884,000	392,183,000	419,426,000	387,927,000	312,881,168	273,301,877
obligations related to land not owned under option contracts
preferred stock, 0.01 par value: 5,000,000 shares authorized; none issued and outstanding, respectively
common shares, 0.01 par value: 100,000,000 shares authorized; 50,598,901 and 48,955,909 issued and outstanding as of december 31, 2017 and 2016, respectively																																	506,000
liabilities and stockholders' equity
obligations related to land not owned under option agreements																																		7,527,000	8,604,000	9,114,000	10,060,000	11,951,000	14,739,000	17,595,000	18,176,000	20,169,000	6,486,000	7,441,000	7,914,000
common shares, 0.01 par value: 100,000,000 shares authorized; 50,584,501 and 48,955,909 issued and outstanding as of september 30, 2017 and december 31, 2016, respectively																																		506,000
common shares, 0.01 par value: 100,000,000 shares authorized; 49,107,501 and 48,955,909 issued and outstanding as of june 30, 2017 and december 31, 2016, respectively																																			491,000
common shares, 0.01 par value: 100,000,000 shares authorized; 49,069,522 and 48,955,909 issued and outstanding as of march 31, 2017 and december 31, 2016, respectively																																				491,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,955,909 and 48,833,323 issued and outstanding as of december 31, 2016 and 2015, respectively																																					490,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,937,084 and 48,833,323 issued and outstanding as of september 30, 2016 and december 31, 2015, respectively																																						489,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,937,084 and 48,833,323 issued and outstanding as of june 30, 2016 and december 31, 2015, respectively																																							489,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,833,323 issued and outstanding																																								488,000
investment in direct financing leases																																													2,768,000
term loan facility																																											150,000,000	150,000,000	150,000,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,833,323 and 31,346,084 issued and outstanding as of december 31, 2015 and 2014, respectively																																									488,000
common shares, 0.01 par value: 100,000,000 shares authorized; 48,813,889 and 31,346,084 issued and outstanding as of september 30, 2015 and december 31, 2014, respectively																																										488,000
common shares, 0.01 par value: 100,000,000 shares authorized; 31,368,992 and 31,346,084 issued and outstanding as of june 30, 2015 and december 31, 2014, respectively																																											313,000
common shares, 0.01 par value: 100,000,000 shares authorized; 31,346,084 issued and outstanding																																												313,000
notes receivable
common shares, 0.01 par value: 100,000,000 shares authorized; 31,346,084 and 11,108,500 issued and outstanding as of december 30, 2014 and 2013, respectively																																													313,000
current assets:
prepaid expenses																																														174,000	248,000	84,000	124,000	829,000	799,000	954,000	882,000	900,000	1,690,000	1,925,000	2,148,000	3,012,000	1,250,000	1,437,000	1,561,000	1,937,000	1,809,000	1,920,000		1,413,000	1,399,000	1,326,000	1,415,000	139,000	246,000	285,162	434,160
deposits																																														21,000	32,000	82,000	2,361,000	1,958,000	1,947,000	3,074,000	3,074,000
other current assets																																														1,498,000	450,000		39,000	34,000	22,000	23,000	78,000	3,500,000	3,852,000	119,000	421,000	4,499,000	126,000		3,330,000	1,995,000		325,000		344,000	460,000		953,000	3,206,000
assets held for sale																																																24,000	432,000
total current assets																																														8,779,000	8,784,000	10,295,000	15,129,000	38,540,000	38,339,000	41,252,000	36,056,000	42,098,000	46,973,000	50,971,000	57,487,000	57,754,000	58,144,000	60,931,000	63,810,000	55,428,000	45,664,000	51,713,000		41,678,000	43,798,000	39,715,000	57,802,000	80,569,000	51,581,000	60,582,921	89,047,888
non-current assets:
property, plant and equipment																																														51,000	57,000	64,000	71,000	191,154,000	197,293,000	203,299,000	209,645,000	216,073,000	222,865,000	229,698,000	235,888,000	241,939,000	247,512,000	253,480,000	260,078,000	266,364,000	273,019,000	279,203,000	284,362,000	289,508,000	294,546,000	300,164,000	321,491,000	325,819,000	324,208,000
total non-current assets																																														51,000	57,000	64,000	93,000
current liabilities:
other current liabilities																																														2,050,000	1,359,000	102,000	4,262,000	7,906,000	5,950,000	4,117,000	2,500,000	2,523,000	1,683,000	1,207,000	1,992,000	2,471,000	1,689,000	1,469,000	2,377,000	2,944,000	3,649,000	2,679,000		1,902,000	1,424,000	1,030,000	3,611,000
liabilities held for sale																																																	289,000
total current liabilities																																														2,076,000	1,406,000	135,000	4,312,000	183,450,000	184,501,000	188,936,000	185,171,000	186,524,000	29,556,000	25,500,000	24,452,000	31,642,000	36,979,000	34,683,000	52,238,000	46,428,000	41,586,000	42,729,000		43,892,000	246,274,000	24,400,000	68,627,000	39,675,000	31,647,000	28,834,063	23,228,742
biofuel energy corp. stockholders’ equity																																																																	72,235,000
preferred stock, 0.01 par value...
common stock, 0.01 par value...																																														54,000	54,000	54,000	54,000	54,000	54,000	54,000	54,000	54,000	53,000	1,035,000	1,035,000	1,032,000	1,032,000	1,028,000	262,000	262,000	262,000	262,000		252,000	252,000	236,000	161,000	161,000	160,000	153,296	145,421
class b common stock, 0.01 par value...																																														8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	9,000	186,000	186,000	189,000	189,000	193,000	71,000	71,000	71,000	71,000		81,000	81,000	98,000	173,000	173,000	174,000	179,579	179,579
less common stock held in treasury, at cost, 40,481 shares at september 30, 2014 and december 31, 2013																																														-4,316,000
accumulated deficit																																														-172,393,000	-171,789,000	-169,039,000	-168,328,000	-142,341,000	-137,879,000	-133,755,000	-129,120,000	-119,097,000	-109,267,000	-98,685,000	-89,277,000	-93,070,000	-95,263,000	-88,222,000	-80,560,000	-79,513,000	-78,136,000	-68,731,000		-67,425,000
total biofuel energy corp. stockholders’ equity																																														14,409,000	15,013,000	17,904,000	18,615,000	43,550,000	47,870,000	51,854,000	56,230,000	65,882,000	75,117,000	85,484,000	94,485,000	90,195,000	87,618,000	94,203,000	54,170,000	54,826,000	55,869,000	65,038,000		64,676,000	70,207,000	74,647,000
noncontrolling interest																																														-7,655,000	-7,578,000	-7,656,000	-7,562,000	-3,094,000	-2,426,000	-1,813,000	-1,120,000	344,000	2,068,000	3,772,000	5,457,000	4,885,000	4,530,000	5,911,000	252,000	268,000	649,000	3,220,000	5,660,000	3,950,000	5,878,000	9,653,000
less common stock held in treasury, at cost, 40,481 shares at june 30, 2014 and december 31, 2013																																															-4,316,000
less common stock held in treasury, at cost, 40,481 shares at march 31, 2014 and december 31, 2013																																																-4,316,000
current portion of long-term debt																																																		170,642,000	170,637,000	170,635,000	170,634,000	170,531,000	12,649,000	12,662,000	12,710,000	12,761,000	12,810,000	12,846,000	33,031,000	32,635,000	29,823,000	30,028,000		33,647,000	235,683,000	13,529,000	13,482,000	10,256,000	5,165,000	960,000
non-current liabilities:
long-term debt																																																		2,653,000	2,735,000	2,766,000	2,795,000	2,708,000	160,631,000	163,784,000	166,937,000	170,089,000	173,280,000	176,446,000	215,479,000	218,377,000	221,263,000	220,785,000	220,754,000	220,785,000	17,831,000	237,710,000	201,022,000	186,754,000	166,112,000	83,040,000	55,000,000
total non-current liabilities
less common stock held in treasury, at cost, 40,481 shares at december 31, 2013 and december 31, 2012																																																	-4,316,000
current assets																																																																	53,593,000
inventories																																																		11,192,000	11,742,000	12,040,000	13,443,000	12,917,000	17,293,000	18,909,000	26,188,000	22,569,000	23,220,000	23,701,000	23,689,000	19,159,000	13,515,000	17,033,000		13,709,000	11,445,000	12,928,000	17,066,000	28,082,000
debt issuance costs																																																		1,001,000	1,244,000	1,490,000	1,739,000	1,990,000	2,245,000	2,502,000	2,763,000	3,026,000	3,292,000	3,560,000	4,979,000	5,320,000	5,729,000	6,135,000		6,833,000	7,194,000	7,556,000	8,205,000	8,289,000	8,587,000	9,049,749	12,134,841
current liabilities																																																																	40,830,000
current portion of tax increment financing																																																		415,000	415,000	399,000	399,000	385,000	385,000	370,000	370,000	357,000	357,000	343,000	343,000	338,000	338,000	318,000		309,000	408,000	298,000	461,000	444,000	348,000	222,249
tax increment financing, net of current portion																																																		3,968,000	3,968,000	4,275,000	4,275,000	4,573,000	4,573,000	4,867,000	4,867,000	5,062,000	5,062,000	5,245,000	5,245,000	5,527,000	5,413,000	5,591,000		5,729,000	5,632,000	5,886,000	5,121,000	5,238,000	5,703,000	5,828,521
other non-current liabilities																																																		2,943,000	3,003,000	3,006,000	3,072,000	3,138,000	3,146,000	3,212,000	3,388,000	3,644,000	4,277,000	4,340,000	4,327,000	4,277,000	2,227,000	2,039,000		1,284,000	779,000	588,000	102,000
less common stock held in treasury, at cost, 40,481 shares at september 30, 2013 and december 31, 2012																																																		-4,316,000
less common stock held in treasury, at cost, 40,481 shares at june 30, 2013 and december 31, 2012																																																			-4,316,000
less common stock held in treasury, at cost, 40,481 shares at march 31, 2013 and december 31, 2012																																																				-4,316,000
less common stock held in treasury, at cost, 40,481 shares at december 31, 2012 and december 31, 2011																																																					-4,316,000
less common stock held in treasury, at cost, 40,481 shares at september 30, 2012 and december 31, 2011																																																						-4,316,000
less common stock held in treasury, at cost, 40,481 shares at june 30, 2012 and december 31, 2011																																																							-4,316,000
less common stock held in treasury, at cost, 809,606 shares at march 31, 2012 and december 31, 2011																																																								-4,316,000
less common stock held in treasury, at cost, 809,606 shares at december 31, 2011 and december 31, 2010																																																									-4,316,000
less common stock held in treasury, at cost, 809,606 shares at september 30, 2011 and december 31, 2010																																																										-4,316,000
less common stock held in treasury, at cost, 809,606 shares at june 30, 2011 and december 31, 2010																																																											-4,316,000
less common stock held in treasury, at cost, 809,606 shares at march 31, 2011 and december 31, 2010																																																												-4,316,000
cash and equivalents																																																													7,428,000	10,895,000	12,290,000	16,116,000	6,109,000	8,167,000	4,574,000	7,806,000	19,641,000	38,771,000	51,335,000	60,297,759	88,613,728
derivative financial instrument																																																																230,000
less common stock held in treasury, at cost, 809,606 shares at december 31, 2010 and december 31, 2009																																																													-4,316,000
accumulated other comprehensive loss																																																																		-355,000
less common stock held in treasury, at cost, 809,606 shares at september 30, 2010 and december 31, 2009																																																														-4,316,000
less common stock held in treasury, at cost, 809,606 shares at june 30, 2010 and december 31, 2009																																																															-4,316,000
less common stock held in treasury, at cost, 809,606 shares at march 31, 2010 and december 31, 2009																																																																-4,316,000
balance sheet data
certificates of deposit																																																																		1,882,000	4,033,000	4,025,000	4,002,000	3,990,000
construction retainage																																																																					13,515,000	13,490,000	13,250,000	10,066,985
current portion of derivative financial instrument																																																																		619,000	1,466,000	2,099,000	681,000	966,000
derivative financial instrument, net of current portion
less common stock held in treasury, at cost, 809,606 shares at september 30, 2009 and december 31, 2008																																																																		-4,316,000
less common stock held in treasury, at cost, 809,606 shares at june 30, 2009 and december 31, 2008
less common stock held in treasury, at cost, 809,606 shares at march 31, 2009 and december 31, 2008
minority interest																																																																					30,583,000	68,076,000	67,001,000	71,923,542	72,745,078
less common stock held in treasury, at cost, 809,606 shares at september 30, 2008 and 394,046 shares at december 31, 2007
derivative financial instruments																																																																						10,080,000
other																																																																						2,189,000	1,317,000	650,251	704,133
deferred compensation																																																																						49,000	50,000	30,102
less common stock held in treasury, at cost, 809,606 shares at june 30, 2008 and 394,046 shares at december 31, 2007
deficit accumulated during development stage																																																																									-4,102,146
current portion of hedging liability																																																																							1,725,000
hedging liability, net of current portion																																																																							829,000
less common stock held in treasury, at cost, 714,582 shares at march 31, 2008 and 394,046 shares at december 31, 2007
land and improvements																																																																								6,397,221
construction in progress																																																																								234,256,375	165,657,828
furniture and fixtures																																																																								383,637	268,978
property, plant and equipment - sum																																																																								241,037,233
accumulated depreciation																																																																									-28,619
total																																																																								240,987,713
deferred offering costs
accrued legal fees																																																																									2,088,761
hedging liability																																																																								172,104
property, plant and equipment:
land																																																																									6,183,880
construction contract retainage																																																																									7,331,628
other accrued expenses																																																																									654,923
tax increment financing grant																																																																									6,050,770
deferred compensation plan liabilities																																																																									29,358
general and administrative expenses:
compensation expense																																																																									1,320,597
interest income																																																																									-200,026
minority interest in loss of biofuel energy, llc																																																																									-1,537,276
net income																																																																									287,428
beneficial conversion charge																																																																									1,327,357
net income to common shareholders																																																																									1,614,785
loss per share – basic and diluted																																																																									0.24
weighted-average shares outstanding
basic																																																																									6,816,829
diluted																																																																									10,184,895

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-09-30	2008-06-30	2008-04-11	2008-03-31	2007-09-30

cash flows from operating activities:
net income	86,846,000	83,409,000	89,331,000	83,925,000	115,185,000	95,898,000	115,281,000	90,791,000	80,359,000	77,111,000	81,064,000	68,141,000	61,164,000	80,633,000	108,004,000	64,196,000	67,077,000	51,260,000	58,283,000	27,761,000	30,290,000	35,954,000	34,837,000	16,716,000	17,548,000	19,139,000	16,124,000	11,491,000	16,928,000	15,373,000	18,995,000	13,239,000	-4,379,000	11,928,000	9,431,000	8,226,000	13,100,000	8,165,000	9,418,000	4,490,000	7,067,000	5,286,000	7,004,000	6,188,000																											-1,778,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization expense	1,152,000	1,472,000	1,082,000	1,405,000	1,255,000	1,249,000	1,249,000	1,126,000	1,103,000	858,000	830,000	754,000	650,000	592,000	500,000	625,000	669,000	681,000	553,000	841,000	1,205,000	922,000	912,000	627,000	636,000	765,000	790,000	888,000	1,139,000	766,000			87,000	66,000	84,000	88,000	87,000	78,000	65,000	56,000	-344,000	621,000	361,000	227,000
loss on disposal of property and equipment	0	15,000	0	-8,000	-1,000	4,000	5,000	66,000			0	-146,000	9,000	-425,000	0	39,000	-45,000
share-based compensation expense	1,456,000	1,344,000	1,390,000	8,133,000	687,000	571,000	779,000	6,365,000	420,000	367,000	467,000	5,499,000	148,000	212,000	194,000	2,923,000	161,000	161,000	173,000	2,583,000	139,000	139,000	85,000	1,734,000	156,000	208,000	190,000	1,637,000		176,000	173,000	1,248,000
deferred income taxes																					1,000	0			531,000	150,000	1,511,000	-955,000	3,592,000	2,800,000	4,889,000	3,431,000	24,528,000	4,747,000	3,677,000	3,347,000	4,670,000	3,393,000	3,655,000	1,429,000	2,601,000	1,757,000	1,993,000	2,001,000
equity in income of unconsolidated entities	404,000	-422,000	-511,000	-473,000	-313,000	-992,000	-1,186,000	-2,592,000	-5,477,000	-1,345,000	-5,699,000	-4,221,000	-5,719,000	-5,697,000	-8,523,000	-5,687,000	-5,674,000	-5,555,000	-4,593,000	-3,891,000	-3,616,000	-5,299,000	-5,174,000	-2,565,000	-2,244,000	-3,022,000	-2,697,000	-1,846,000	-725,000	-2,719,000
gain on sale of investment in unconsolidated entity					0	0	0	-10,718,000
allowances for option deposits and pre-acquisition costs	371,000	-975,000	2,965,000	264,000	99,000	173,000	7,000	5,000	10,000	7,000	37,000	10,000	127,000	665,000	115,000	59,000	13,000	167,000	0	43,000	23,000	-42,000
distributions of income from unconsolidated entities	1,011,000	2,855,000			5,006,000	543,000	1,123,000	998,000	1,370,000	3,165,000	4,418,000	2,906,000	1,613,000	2,994,000	3,700,000	3,176,000	2,793,000	3,162,000	2,707,000	1,886,000	3,492,000	4,051,000	1,736,000	1,657,000	1,694,000	1,717,000	1,401,000	272,000		1,403,000
changes in operating assets and liabilities:
increase in receivables	281,000	1,734,000				3,374,000						-1,968,000				-179,000		-22,000	554,000	-2,337,000		8,836,000				-4,501,000
increase in inventory	1,188,000	-122,882,000	9,917,000	-48,489,000	-19,385,000				-70,641,000				30,705,000	-83,519,000	-41,355,000	-123,429,000	-33,184,000			-76,034,000	-65,082,000			-16,884,000	-12,578,000	-20,745,000	-28,927,000	-21,720,000	-20,657,000	-65,195,000			-24,813,000	-44,856,000			3,054,000	-36,072,000	-8,764,000	-32,499,000	-27,258,000	-3,373,000	-12,668,000	-15,429,000
decrease in earnest money deposits	585,000	1,671,000	1,638,000	-3,416,000	240,000	660,000	1,935,000	155,000	1,593,000	-2,076,000	3,393,000	4,380,000	1,294,000	-579,000	41,000	1,265,000							1,163,000	-7,436,000	1,247,000	-3,022,000	563,000	3,319,000	1,098,000					-4,072,000	-2,550,000	-624,000		745,000	-30,000	2,993,000
increase in mortgage loans held for sale
decrease in other assets			-6,332,000	13,294,000			3,401,000	7,188,000			-2,072,000	2,960,000	-65,000	-3,099,000	-2,863,000	4,476,000	1,437,000															367,000	-175,000	-605,000	-227,000	-739,000	475,000	-175,000	323,000	718,000
increase in accounts payable	3,246,000	12,440,000	1,086,000	17,998,000	-7,600,000	-631,000	14,648,000	-991,000	-2,244,000	-899,000	4,602,000	1,058,000	-9,180,000	755,000	3,330,000	11,217,000	-2,632,000	2,553,000	6,761,000	14,479,000	1,394,000			1,288,000	-4,646,000				-8,907,000	15,497,000			6,331,000	-312,000	3,226,000	-2,004,000	-20,631,000	18,999,000	-70,000	3,285,000	-773,000	-300,000																															38,855
increase in accrued expenses	25,115,000	24,891,000	-994,000	-6,597,000	-55,307,000	39,755,000	11,925,000	17,758,000	-14,461,000	9,441,000	-7,033,000	17,512,000	-8,144,000	3,801,000	6,043,000	28,317,000	-3,216,000	7,142,000	7,190,000	9,819,000	-9,431,000	10,456,000	7,885,000	6,850,000	-6,525,000	3,417,000	-4,131,000	2,855,000	5,556,000	2,407,000	3,686,000	-2,179,000	1,712,000	2,325,000	-495,000	633,000	3,101,000	2,067,000	1,881,000	1,522,000	27,000	-4,302,000	-274,000	1,084,000
increase in customer and builder deposits	-9,464,000	-4,455,000	1,118,000	1,449,000	-7,997,000	-4,250,000	-4,804,000	10,972,000	-4,091,000	3,987,000	6,304,000	7,835,000	-14,510,000	-14,002,000	-5,994,000	-992,000	-5,469,000	6,380,000	7,626,000	17,942,000	8,792,000				-3,168,000	-4,456,000	1,243,000	-1,643,000	-1,835,000	-175,000	2,217,000	1,251,000	-1,309,000	3,464,000	2,225,000	2,979,000	-1,230,000	5,196,000	1,051,000	2,133,000		-1,815,000	202,000	255,000
net cash from operating activities	79,977,000	-10,193,000	74,713,000	68,747,000	28,934,000	-6,201,000	2,162,000	1,017,000	-19,357,000	22,531,000	55,461,000	154,707,000	59,336,000	-18,080,000	63,414,000	-13,994,000	22,117,000	4,216,000	-110,692,000	-8,023,000	-28,998,000	25,092,000	37,843,000	1,162,000	-824,000	-445,000	-11,563,000	-9,231,000	-1,151,000	-26,024,000	8,070,000	-20,371,000	4,802,000	-27,281,000	-12,883,000	16,550,000	21,401,000	-20,624,000	9,469,000	-17,301,000	-26,085,000	-9,775,000	-1,322,000	-10,389,000	8,419,000	-973,000	-2,061,000	-2,757,000	3,095,000	7,085,000	2,221,000	819,000	-1,264,000	1,679,000	708,000	330,000	9,454,000	6,024,000	4,547,000	3,542,000	1,079,000	1,306,000	-1,391,000	11,873,000	1,313,000
cash flows from investing activities:
investments in unconsolidated entities	-9,079,000	-5,477,000	-12,952,000	-11,248,000	-5,919,000	-22,350,000	-1,793,000	-1,695,000	-337,000	-230,000	-3,460,000	-1,520,000	-868,000	-2,470,000			0	0	1,000	-9,000	-84,000	-9,857,000							0	0
proceeds from sale of investment in unconsolidated entity					0	0	0	63,960,000
purchase of property and equipment, net of disposals	-1,574,000	-1,824,000	-687,000	-713,000	-883,000	-1,158,000	-1,382,000	-942,000	-3,013,000	-1,937,000	-1,271,000	-1,581,000				-448,000	-243,000
net cash from investing activities	-10,653,000	-7,301,000	-13,639,000	-11,961,000	-6,802,000	-23,508,000	-3,175,000	61,323,000	-3,350,000	-2,167,000	-4,731,000	-3,101,000	-1,531,000	-2,747,000	-1,751,000	-448,000	-243,000	-315,000	-736,000	-739,000	-1,244,000	-10,384,000	-616,000	-1,054,000	-6,031,000	-695,000	-572,000	-571,000	-1,444,000	-2,103,000	-26,679,000	-601,000	-167,000				-115,000	-179,000	-157,000	-7,000	691,000	-320,000	-317,000	2,407,000					-7,488,000	-950,000	-575,000	-499,000	-237,000	-9,000	-16,000	-581,000	-776,000	-1,152,000	-710,000	-205,000	-397,000	-280,000	-2,432,000	-1,467,000	144,000
cash flows from financing activities:
borrowings from lines of credit	-11,180,000	81,421,000	19,599,000	81,160,000	80,000,000				0	0	0	22,000,000	65,000,000	133,000,000	110,000,000	112,000,000	243,800,000	164,000,000	234,000,000	108,000,000	137,000,000	105,500,000	-14,000,000	126,000,000	58,500,000	72,000,000	56,500,000	37,000,000	32,000,000	37,500,000	57,500,000	38,000,000	27,000,000	34,000,000	22,500,000	5,000,000	0	23,000,000	10,000,000	30,000,000	43,540,000	28,960,000	6,500,000	7,000,000
repayments of lines of credit	-53,377,000	-21,058,000	-15,976,000	-105,589,000	-55,000,000				0	0	0	-42,000,000	-90,000,000	-125,000,000	-95,000,000	-92,000,000	-365,800,000	-172,000,000	-107,000,000	-211,000,000	-123,500,000	-156,000,000	-85,000,000	-48,000,000	-58,500,000	-140,000,000	-30,500,000	-31,000,000	-30,000,000	-5,000,000	-25,000,000	-10,000,000	-15,000,000	-13,000,000	-11,000,000	-17,500,000	-6,500,000	-5,000,000	-14,000,000	-10,000,000	-10,000,000	-35,500,000	-5,500,000	-1,561,000
borrowings from warehouse lines of credit
repayments of warehouse lines of credit
repayments of senior unsecured notes	0	-12,500,000	0	-25,000,000	0	-12,500,000	0	-25,000,000
proceeds from notes payable									0	0			0	0	0	14,472,000	82,000	0			-1,000	153,000															1,235,000				0	530,000	1,667,000	1,009,000
repayments of notes payable					0	-97,000	-16,000	-12,868,000	-17,000	-1,592,000	-79,000	-16,000	-16,000	-16,000	-14,000	-14,000	-94,000	-12,000	-12,000	-2,006,000	-6,000	-2,271,000							-1,045,000	-159,000	-9,010,000	-12,000	-278,000	-9,000	-10,000	-725,000	0	-713,000	-987,000	-170,000	-1,301,000	-894,000	-594,000	-2,410,000
payments of debt issuance costs	-870,000	0							-566,000	0	0	-72,000	-743,000	0	0	-86,000	-2,007,000	-1,000	-298,000	-595,000	-465,000				-292,000					-78,000
payments of withholding tax on vesting of restricted stock awards	0	0				-59,000	-9,115,000	-2,161,000	-1,000	-1,000	0	-1,975,000	1,000	0	0	-1,075,000	0	0	0	-834,000	0	0	0	-592,000	0	0
repurchases of common stock	-23,034,000	0	-43,817,000	-16,919,000	-393,000	-5,445,000
dividends paid	-719,000	-718,000	-719,000	-719,000	-719,000	-718,000	-719,000	-719,000	-719,000	-718,000	-719,000	-719,000	-719,000	-718,000	-719,000	-655,000
proceeds from reallocation of shares of common stock by large stockholder
distributions for reallocation of shares of common stock by large stockholder
distributions to redeemable noncontrolling interest	0	0			0	0			0	0							0	0			0	0			0	0
distributions to noncontrolling interests	-10,500,000	0	-5,124,000	-11,500,000	-5,000,000	-5,000,000	0	-6,785,000	-4,999,000	-3,001,000	0	-11,056,000	-5,000,000	0	0	-5,718,000	-5,000,000	0			0	0	-2,281,000	-2,970,000	0	0	-258,000	-10,735,000	-1,000	-323,000	-2,378,000	-8,045,000	-1,156,000	-270,000	-4,873,000	-4,597,000	-625,000	-2,838,000	-4,792,000	-1,500,000	-1,300,000	-3,750,000	-2,373,000	-300,000
net cash from financing activities	-53,783,000	47,145,000	-50,137,000	-81,626,000	32,916,000	-23,819,000	-51,319,000	-51,291,000	-23,995,000	-5,405,000	-15,215,000	-49,189,000	-31,477,000	-1,885,000	-52,244,000	1,123,000	18,677,000	-8,013,000	125,105,000	18,565,000	13,028,000	-15,180,000	-98,537,000	74,838,000	3,308,000	3,520,000	24,373,000	-5,339,000	-664,000	31,940,000	20,962,000	19,531,000	10,566,000	20,866,000	6,822,000	-18,320,000	-5,883,000	16,444,000	-9,656,000	20,558,000	30,898,000	9,329,000	-258,000	3,783,000					-25,000	-77,000	-29,000	-28,000	-18,000	-41,000	-3,166,000	-3,201,000	-3,203,000	-3,240,000	-3,219,000	-3,351,000	-4,149,000	-2,421,000	-3,000	-399,000	-3,515,000	1,804,000	1,808,000	13,061,000	16,782,000	25,218,000	40,015,000	40,015,000	187,278,574
net increase in cash and cash equivalents and restricted cash	15,541,000			-24,840,000	55,048,000	-53,528,000	-52,332,000	11,049,000	-46,702,000	14,959,000	35,515,000	102,417,000	26,328,000	-22,712,000	9,419,000	-13,319,000	40,551,000	-4,112,000	13,677,000	9,803,000	-17,214,000	-472,000	-61,310,000	74,946,000
cash and cash equivalents and restricted cash, beginning of period	0	0	0	159,696,000	0	0	0	199,459,000	0	0	0	93,270,000	0	0	0	93,554,000	0	0	0	33,635,000	0	0	0	37,685,000
cash and cash equivalents and restricted cash, end of period	15,541,000	29,651,000	10,937,000	134,856,000	55,048,000	-53,528,000	-52,332,000	210,508,000	-46,702,000	14,959,000	35,515,000	195,687,000	26,328,000	-22,712,000	9,419,000	80,235,000	40,551,000	-4,112,000	13,677,000	43,438,000	-17,214,000	-472,000	-61,310,000	112,631,000
increase in other assets					-1,727,000														-7,543,000	-106,000	3,212,000			-1,595,000	-1,422,000			-1,601,000	312,000	-2,418,000											-3,218,000	174,000	-1,256,000	-61,000
supplemental disclosure of cash flow information:
cash paid for income taxes, net of refunds		4,527,000				500,000				26,731,000
net decrease in cash and cash equivalents and restricted cash
decrease in receivables				1,262,000				2,002,000																-1,301,000				2,069,000	-784,000	2,146,000
payments of withholding tax on vesting of restricted stock awards and stock option exercises				-3,059,000
net proceeds from issuance of preferred shares
decrease in inventory							-136,128,000	-122,108,000			-31,049,000	49,987,000																				-33,948,000				3,152,000
share repurchases								-3,758,000	-17,786,000	0	-12,640,000	-15,351,000
gain on disposal of property and equipment									277,000
payment of contingent consideration in excess of acquisition date fair value																	0	0			0	0			0	0
borrowings from senior unsecured notes																	100,000,000	0	0	125,000,000	0				0
cash and cash equivalents, beginning of period												76,588,000	0	0	-1,530,000	78,696,000	0	0	0	19,479,000	0	0	0	33,269,000																						0	0	12,872,000	0	0	0	9,323,000	0	0	0	15,139,000	0	0	0	7,428,000
restricted cash, beginning of period												16,682,000	0	0	1,530,000	14,858,000	0	0	0	14,156,000	0	0	0	4,416,000	0	0	0	3,440,000	0	0
cash and cash equivalents, end of period												177,271,000	28,385,000	-18,562,000	682,000	66,083,000	57,135,000	-11,956,000	4,829,000	28,688,000	-20,790,000	-2,893,000	-62,698,000	105,860,000																						-973,000	-2,061,000	10,115,000	-4,418,000	6,058,000	1,617,000	9,615,000	-1,519,000	1,629,000	-2,474,000	11,687,000	5,475,000	1,632,000	618,000	7,414,000
restricted cash, end of period												18,416,000	-2,057,000	-4,150,000	8,737,000	14,152,000	-16,584,000	7,844,000	8,848,000	14,750,000	3,576,000	2,421,000	1,388,000	6,771,000	-1,693,000	1,640,000	1,728,000	2,741,000	-8,458,000	7,766,000
change in fair value of contingent consideration																					158,000				3,157,000	1,492,000	-197,000	454,000
contributions from noncontrolling interests																					0	0	0	400,000									0	145,000	205,000	88,000	7,000	570,000	123,000	2,228,000	0	0	42,000	45,000
purchase of property and equipment														-277,000					-737,000	-730,000	-1,160,000	-527,000	-126,000	-1,054,000	-731,000	-695,000	-572,000	-571,000	-1,444,000	-589,000	-577,000	-601,000
stock repurchases														-9,151,000	-66,511,000	-25,801,000									0	-1,798,000	-328,000	-60,000
adjustments to reconcile net income to net cash provided (used in) by operating activities:
payment of contingent consideration																									0	0
net proceeds from issuance of preferred stock
increase in earnest money deposits																				-1,009,000											-1,558,000	-1,336,000									-1,204,000	-7,700,000	-407,000	-1,858,000
business combination, net of acquired cash																													0	-1,514,000
decrease in accounts payable																											3,782,000	-4,451,000				-2,128,000												-2,222,000
decrease in customer and builder deposits																							-1,692,000	-1,369,000
write-offs of option deposits and pre-acquisition costs																								3,440,000
net increase in cash and restricted cash																									-3,547,000	2,380,000			-3,259,000	3,813,000
cash, beginning of period																									0	0	0	38,315,000	0	0
cash and restricted cash, beginning of period																									0	0	0	41,755,000	0	0
cash, end of period																									-1,854,000	740,000	10,510,000	23,873,000	5,199,000	-3,953,000
cash and restricted cash, end of period																									-3,547,000	2,380,000	12,238,000	26,614,000	-3,259,000	3,813,000
cash paid for interest, net of capitalized interest																																										6,122,000	2,593,000	453,000
withholdings of taxes from vesting of restricted stock awards																												-544,000	0	0	0	-412,000	0	0	0	-586,000
net decrease in cash and restricted cash																												-15,141,000				-1,441,000
adjustment to reconcile net income to net cash from operating activities:
share-based compensation																																	329,000	170,000	160,000	1,912,000	304,000	146,000	589,000	245,000	156,000	122,000	113,000	83,000
cash distributions of income from unconsolidated entities
payment of debt issuance costs																																																									0	0	0	-113,000	113,000	-1,014,000	-5,000	-49,000
supplemental disclosure of noncash investing activities:
decrease in land not owned under option contracts
equity issuance for investment in unconsolidated entity
cash paid for taxes, net of refunds																															1,625,000	-46,000
depreciation expense																																402,000
equity in income of unconsolidated entity																																-1,536,000
distributions of income from unconsolidated entity																																761,000
decrease in accounts receivable																																57,000	203,000	573,000			-381,000	119,000				84,000
cash and restricted cash at beginning of period																																40,289,000
cash and restricted cash at end of period																																38,848,000
increase in land not owned under option contracts
cash distributions of income from unconsolidated entity
changes in operating assets and liabilities
proceeds from sale of investment in direct financing leases																																									0	0	0	2,768,000
acquisition of investment in unconsolidated entity
acquisition of property and equipment																																	-122,000				-115,000	-179,000	-157,000	-7,000	691,000	-320,000	-317,000	-361,000
repayment of term loan facility																																									0
proceeds from equity offering, net of issuance costs																																									-41,000
cash paid for taxes																																	69,000	666,000	2,170,000	36,000	466,000	331,000	546,000	160,000		229,000	641,000	273,000																	0	0	0	5,000	0	-3,000	5,000	6,000
supplemental disclosure of noncash investing and financing activities:
accrued debt issuance costs
out-of-period equity adjustment
equity issuance related to investment in unconsolidated entity																																	-1,000
cash flows from investing activities
cash from investment in unconsolidated entity
cash flows from financing activities
net increase in cash, cash equivalents and restricted cash																																		-6,683,000	-6,061,000	-1,770,000
cash, cash equivalents and restricted cash at beginning of period																																		0	0	39,602,000
cash, cash equivalents and restricted cash at end of period																																		-6,683,000	-6,061,000	37,832,000
decrease in land not owned under option agreements																																		955,000	459,000	857,000			2,231,000	1,032,000			956,000	473,000
increase in accounts receivable																																				-420,000				-812,000				-177,000
increase in restricted cash																																					22,858,000			-861,000		-329,000	221,000	-480,000
issuance of notes receivable
repayments of notes receivable
cash received as part of reverse recapitalization
distributions to controlling interests
net increase in cash and cash equivalents																																							-344,000	3,250,000					10,375,000	-973,000	-2,061,000	-2,757,000	-4,418,000	6,058,000	1,617,000	292,000		1,629,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
net decrease in cash and cash equivalents																																												-4,199,000												-3,452,000
cash and cash equivalents at beginning of period																																						0	0	21,207,000		0	0	21,267,000
cash and cash equivalents at end of period																																						-4,359,000	-344,000	24,457,000		-766,000	-1,897,000	17,068,000
increase in obligations related to land not owned under option agreements
decrease in restricted cash
contributions from controlling interests
increase in land not owned under option agreements
investment in direct financing leases
cash flows from operating activities
net loss																																														-681,000	-2,813,000	-805,000	-30,455,000	-5,130,000	-4,737,000	-5,328,000	-11,487,000	-11,327,000	-12,415,000	-11,093,000	4,456,000	2,548,000	-8,316,000	-9,049,000	-1,063,000	-1,758,000	-11,976,000	-10,426,000	8,837,000	-8,373,000	-8,988,000	-11,178,000	-33,149,000			-1,778,000	-1,409,036
adjustments to reconcile net loss to net cash from operating activities:
depreciation and amortization																																														6,000	7,000	7,000	4,088,000	7,073,000	7,086,000	7,090,000	7,126,000	7,054,000	7,062,000	7,058,000	7,026,000	7,002,000	7,008,000	8,676,000	7,385,000	7,291,000	6,970,000	7,074,000	7,149,000	7,028,000	7,029,000	6,931,000
stock-based compensation expense																																																	1,052,000	142,000	140,000	259,000	371,000	368,000	344,000	407,000	406,000
accounts receivable																																														-5,000	38,000	1,000	-538,000	5,360,000	2,949,000	-6,290,000	4,683,000	986,000	3,406,000	-4,740,000	4,419,000	7,506,000	2,863,000	-577,000	-6,360,000	-3,392,000	-1,961,000	7,656,000	-7,582,000
inventories																																																	-487,000	550,000	298,000	1,403,000	-526,000	4,376,000	1,616,000	7,279,000	-3,619,000	651,000	481,000	-12,000	-4,530,000	-5,644,000	3,518,000	3,852,000	-7,176,000	-2,264,000	1,483,000	2,001,000
prepaid expenses																																														74,000	-164,000	41,000	421,000	-30,000	155,000	-72,000	18,000	790,000	235,000	223,000	864,000	-1,762,000	187,000	124,000	376,000	-128,000	111,000	609,000	-1,116,000	-14,000	-73,000	827,000
accounts payable																																														-21,000	14,000	-306,000	-1,321,000	-2,753,000	-6,545,000	2,151,000	-1,449,000	-1,752,000	3,622,000	1,855,000	-6,609,000	-6,081,000	2,053,000	3,591,000	5,904,000	2,902,000	-1,697,000	1,576,000	861,000				24,547,000
other current liabilities																																														-435,000	1,257,000	-4,160,000	5,394,000	1,956,000	1,833,000	1,617,000	-23,000	840,000	476,000	-785,000	-479,000	782,000	220,000	-908,000	-567,000	-705,000	970,000	722,000	-762,000				1,422,000
other assets and liabilities																																														89,000	-400,000	2,465,000	922,000	-83,000	1,042,000	-11,000	23,000	344,000	-3,638,000	126,000	2,990,000	-5,006,000	-299,000	1,344,000	-457,000	2,406,000	506,000	566,000	973,000	-2,019,000	348,000	1,291,000
purchases of property, plant and equipment																																																	-388,000	-950,000	-575,000	-499,000	-237,000	-9,000	-16,000	-581,000	-776,000
repayment of notes payable and capital leases																																																	-25,000	-77,000	-29,000	-28,000	-18,000	-41,000	-16,000	-51,000	-53,000	-90,000	-52,000	-3,006,000	-270,000	-297,000
cash paid for interest																																																	69,000	108,000	103,000	104,000	103,000	1,092,000	1,523,000	1,565,000	1,581,000	1,626,000	1,619,000	2,044,000	1,718,000	1,950,000	1,910,000	2,065,000	2,267,000	3,978,000	3,312,000	3,703,000	3,108,000	3,606,000	3,087,000	3,087,000
non-cash investing and financing activities:
additions to equity offering and debt issuance costs unpaid during period																																														676,000
additions to property, plant and equipment unpaid during the period
loss on disposal of plants
proceeds from disposition of plants
payment on disposition of plants
repayment of debt																																																					0	0	-3,150,000	-3,150,000	-3,150,000	-3,150,000	-3,150,000	-44,628,000	-3,150,000	-21,050,000	-3,150,000	-3,250,000	-6,650,000
cash paid for income taxes																																																	0	0			0	0			0	0	0	5,000
additions to property, plant and equipment unpaid during period																																																					2,000	-2,000	-44,000	48,000	-64,000	61,000	-28,000	53,000	72,000	-167,000	-230,000	408,000	23,000	208,000	-321,000	437,000		2,983,000	498,000	498,000
proceeds from sale of stock																																																									0	0	0	46,000,000
payment of equity offering costs																																																									0	0	0	-1,621,000	-876,000
issuance of common stock in exchange for debt
loss on disposal of assets																																																													0	0
proceeds from issuance of debt																																																													0	20,921,000	3,443,000	3,150,000	3,150,000	3,679,000	2,194,000	14,514,000	17,500,000	26,000,000	42,000,000	42,000,000	114,000,000
net increase in cash and equivalents																																																											618,000	-14,000	-3,467,000	-1,395,000	-3,826,000	10,007,000									33,059,242
repayment of tax increment financing																																																														0
stock based compensation expense																																																											350,000	353,000	391,000	334,000	236,000	474,000	129,000	67,000
capital expenditures	-1,574,000	-1,824,000	-687,000	-713,000	-883,000	-1,158,000	-1,382,000	-942,000	-3,013,000	-1,937,000	-1,271,000	-1,581,000	0	-277,000	0	-448,000	-243,000	0	-737,000	-730,000	-1,160,000	-527,000	-126,000	-1,054,000	-731,000	-695,000	-572,000	-571,000	-1,444,000	-589,000	-577,000	-601,000	-122,000	0	0		-115,000	-179,000	-157,000	-7,000	691,000	-320,000	-317,000	-361,000	0	0	0		-388,000	-950,000	-575,000		-235,000	-11,000	-60,000	-533,000	-840,000	61,000	-710,000	-205,000	-397,000	-280,000	-2,432,000	-1,467,000	-1,740,000
free cash flows	78,403,000	-12,017,000	74,026,000	68,034,000	28,051,000	-7,359,000	780,000	75,000	-22,370,000	20,594,000	54,190,000	153,126,000	59,336,000	-18,357,000	63,414,000	-14,442,000	21,874,000	4,216,000	-111,429,000	-8,753,000	-30,158,000	24,565,000	37,717,000	108,000	-1,555,000	-1,140,000	-12,135,000	-9,802,000	-2,595,000	-26,613,000	7,493,000	-20,972,000	4,680,000	-27,281,000	-12,883,000		21,286,000	-20,803,000	9,312,000	-17,308,000	-25,394,000	-10,095,000	-1,639,000	-10,750,000	8,419,000	-973,000	-2,061,000		2,707,000	6,135,000	1,646,000		-1,499,000	1,668,000	648,000	-203,000	8,614,000	6,085,000	3,837,000	3,337,000	682,000	1,026,000	-3,823,000	10,406,000	-427,000
gain on derivative financial instrument																																																																-230,000
proceeds from issuance of notes payable and capital leases																																																												17,000
additions to property, plant and equipment financed with notes payable and capital lease																																																												17,000					48,000	379,000
proceeds from insurance claim																																																																	0
redemption of certificates of deposit																																																																	1,884,000
withdrawal from debt service reserve																																																																	0
cash and equivalents, beginning of period																																																													0	0	0	6,109,000	0	0	0	12,299,000	0	0	55,987,000	55,987,000	27,238,517
cash and equivalents, end of period																																																													-3,467,000	-1,395,000	-3,826,000	16,116,000	-2,058,000	3,593,000	-3,232,000	7,806,000	-19,130,000	-12,564,000	51,335,000	51,335,000	60,297,759
purchase of certificates of deposit
proceeds from issuance of notes payable
funding of debt service reserve
payment of notes payable and capital leases																																																																-250,000
hedging loss liability
purchase of treasury stock
net decrease in cash and equivalents																																																																	-2,058,000
additions to debt and deferred offering costs unpaid during period																																																																						-26,000	27,000	27,000
gain on derivative instruments
funding of debt services reserves
share based compensation expense																																																																				78,000	0	316,000	205,000	205,000	1,156,342
payment of debt
payment of notes payable and capital lease
minority interest
accrued legal fees
proceeds from sale of common stock																																																																									103,581,188
proceeds from tax increment financing																																																																									6,050,770
payment of offering costs
depreciation																																																																						74,000	53,000	53,000	44,245
other
changes in operating assets and liabilities, excluding the effects of acquisitions
cash paid for acquisition, net of cash acquired
proceeds from sale of minority interest in biofuel energy, llc
payments to predecessor owners
additions to notes payable and capital lease																																																																						0	5,277,000	5,277,000
decrease (increase) in prepaid expenses
increase in accrued legal fees
increase in other current liabilities																																																																							680,000	680,000
increase in other assets and liabilities																																																																							1,097,000	1,097,000
decrease in prepaid expenses																																																																									356,586
proceeds of minority members of biofuel energy, llc
deferred offering costs
debt issuance costs
non-cash additions to property, plant and equipment																																																																									23,747,787
non-cash additions to debt and deferred offering costs																																																																									70,120
increase in other accrued expenses
proceeds from tax increment financing grant

Green Brick Partners, Inc(NYSE:GRBK)

Green Brick Partners, Inc
(NYSE:GRBK)