2019 Q2 Form 10-Q Financial Statement

#000162828019010464 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $183.5M $157.3M $129.2M
YoY Change 16.65% 48.76% 28.22%
Cost Of Revenue $143.2M $116.2M $96.53M
YoY Change 23.21% 41.76% 23.6%
Gross Profit $40.28M $41.07M $32.63M
YoY Change -1.92% 78.33% 51.79%
Gross Profit Margin 21.95% 26.11% 25.27%
Selling, General & Admin $22.46M $20.02M $18.13M
YoY Change 12.18% 380.39% 323.77%
% of Gross Profit 55.75% 48.74% 55.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $790.0K $640.0K $402.0K
YoY Change 23.44% 700.0% 356.82%
% of Gross Profit 1.96% 1.56% 1.23%
Operating Expenses $22.46M $20.02M $18.13M
YoY Change 12.18% 380.39% 323.77%
Operating Profit $17.98M $21.05M $14.51M
YoY Change -14.58% 56.8% 25.33%
Interest Expense $2.700M $2.300M $1.500M
YoY Change 17.39%
% of Operating Profit 15.01% 10.92% 10.34%
Other Income/Expense, Net $738.0K $898.0K $570.0K
YoY Change -17.82% 132.64% 5.17%
Pretax Income $21.46M $24.23M $16.61M
YoY Change -11.45% 75.41% 37.11%
Income Tax $5.300M $5.235M $3.372M
% Of Pretax Income 24.7% 21.61% 20.3%
Net Earnings $14.46M $14.87M $11.20M
YoY Change -2.75% 93.38% 80.78%
Net Earnings / Revenue 7.88% 9.45% 8.67%
Basic Earnings Per Share $0.29 $0.29 $0.22
Diluted Earnings Per Share $0.29 $0.29 $0.22
COMMON SHARES
Basic Shares Outstanding 50.66M shares 50.66M shares 50.58M shares
Diluted Shares Outstanding 50.72M shares 50.78M shares 50.72M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.40M $37.10M $34.40M
YoY Change -7.28% 35.9% 6.5%
Cash & Equivalents $38.85M $41.20M $38.85M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $719.9M $581.4M $528.5M
Prepaid Expenses
Receivables $5.000M $6.200M $1.500M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $759.3M $624.7M $564.4M
YoY Change 21.55% 34.55% 27.87%
LONG-TERM ASSETS
Property, Plant & Equipment $4.261M $3.454M $2.108M
YoY Change 23.36% 379.72% 161.86%
Goodwill $680.0K $680.0K
YoY Change 0.0%
Intangibles $750.0K $275.0K
YoY Change 172.73%
Long-Term Investments $23.14M $19.49M $17.65M
YoY Change 18.72%
Other Assets $20.40M $27.00M $32.20M
YoY Change -24.44% -58.46% -53.87%
Total Long-Term Assets $73.66M $80.35M $78.79M
YoY Change -8.32% -10.75% -14.42%
TOTAL ASSETS
Total Short-Term Assets $759.3M $624.7M $564.4M
Total Long-Term Assets $73.66M $80.35M $78.79M
Total Assets $833.0M $705.0M $643.2M
YoY Change 18.14% 27.19% 20.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.40M $19.50M $20.20M
YoY Change 30.26% 19.63% 54.2%
Accrued Expenses $31.50M $21.10M $16.30M
YoY Change 49.29% 46.53% 9.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $88.50M $74.60M $59.20M
YoY Change 18.63% 49.2% 31.26%
LONG-TERM LIABILITIES
Long-Term Debt $245.2M $174.3M $144.9M
YoY Change 40.68% 107.01% 99.31%
Other Long-Term Liabilities $600.0K $600.0K $0.00
YoY Change 0.0% -93.02% -100.0%
Total Long-Term Liabilities $245.8M $174.9M $144.9M
YoY Change 40.54% 88.47% 77.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $88.50M $74.60M $59.20M
Total Long-Term Liabilities $245.8M $174.9M $144.9M
Total Liabilities $321.8M $242.8M $204.1M
YoY Change 32.52% 69.97% 60.81%
SHAREHOLDERS EQUITY
Retained Earnings $204.6M $152.0M $137.1M
YoY Change 34.62% 21.76% 17.05%
Common Stock $290.2M $291.3M $291.3M
YoY Change -0.38% 5.9% 5.93%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.369M $0.00 $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $493.5M $443.3M $428.4M
YoY Change
Total Liabilities & Shareholders Equity $833.0M $705.0M $643.2M
YoY Change 18.14% 27.19% 20.57%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $14.46M $14.87M $11.20M
YoY Change -2.75% 93.38% 80.78%
Depreciation, Depletion And Amortization $790.0K $640.0K $402.0K
YoY Change 23.44% 700.0% 356.82%
Cash From Operating Activities -$11.56M $7.920M -$20.22M
YoY Change -245.96% -161.49% -222.18%
INVESTING ACTIVITIES
Capital Expenditures -$570.0K -$580.0K $601.0K
YoY Change -1.72%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$26.10M
YoY Change -100.0%
Cash From Investing Activities -$570.0K -$26.68M -$601.0K
YoY Change -97.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 24.37M 21.11M $19.38M
YoY Change 15.44% 209.53% -205.79%
NET CHANGE
Cash From Operating Activities -11.56M 7.920M -$20.22M
Cash From Investing Activities -570.0K -26.68M -$601.0K
Cash From Financing Activities 24.37M 21.11M $19.38M
Net Change In Cash 12.24M 2.350M -$1.441M
YoY Change 420.85% -138.78% -18.59%
FREE CASH FLOW
Cash From Operating Activities -$11.56M $7.920M -$20.22M
Capital Expenditures -$570.0K -$580.0K $601.0K
Free Cash Flow -$10.99M $8.500M -$20.82M
YoY Change -229.29% -165.99% -225.81%

Facts In Submission

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dei Entity Address Address Line2
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Suite 400
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258000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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258000 USD
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101000 USD
CY2019Q2 us-gaap Net Income Loss
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72000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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72000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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72000 USD
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CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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101000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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101000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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2378000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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2378000 USD
CY2018Q2 us-gaap Net Income Loss
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CY2018Q2 us-gaap Net Income Loss
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14869000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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CY2018Q2 us-gaap Common Stock Shares Issued
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CY2018Q4 us-gaap Common Stock Shares Issued
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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218000 USD
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388000 USD
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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10993000 USD
us-gaap Net Income Loss
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27065000 USD
us-gaap Net Income Loss
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27065000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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25950000 USD
CY2019Q2 us-gaap Common Stock Shares Issued
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509000 USD
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1369000 USD
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498643000 USD
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506000 USD
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125903000 USD
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143000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
143000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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143000 USD
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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412000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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412000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
197000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
197000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
197000 USD
us-gaap Treasury Stock Shares Acquired
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0 shares
us-gaap Treasury Stock Value Acquired Cost Method
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0 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10423000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10423000 USD
us-gaap Net Income Loss
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26072000 USD
us-gaap Net Income Loss
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26072000 USD
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
5940000 USD
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
32012000 USD
CY2018Q2 us-gaap Common Stock Shares Issued
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CY2018Q2 us-gaap Common Stock Value
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507000 USD
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CY2018Q2 us-gaap Treasury Stock Value
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CY2018Q2 us-gaap Additional Paid In Capital
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290842000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
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151975000 USD
CY2018Q2 us-gaap Stockholders Equity
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443324000 USD
CY2018Q2 us-gaap Minority Interest
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12208000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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455532000 USD
us-gaap Profit Loss
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27615000 USD
us-gaap Profit Loss
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32234000 USD
us-gaap Depreciation Depletion And Amortization
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1678000 USD
us-gaap Depreciation Depletion And Amortization
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1038000 USD
us-gaap Allocated Share Based Compensation Expense
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1827000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1421000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
257000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
556000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8320000 USD
us-gaap Increase Decrease In Earnest Money Deposits Outstanding
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2355000 USD
us-gaap Increase Decrease In Other Operating Assets
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-752000 USD
us-gaap Increase Decrease In Other Operating Assets
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1174000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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-669000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accrued Liabilities
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-1276000 USD
us-gaap Increase Decrease In Accrued Liabilities
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1507000 USD
us-gaap Payment For Contingent Consideration Liability Operating Activities
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1332000 USD
us-gaap Payment For Contingent Consideration Liability Operating Activities
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0 USD
us-gaap Income Loss From Equity Method Investments
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4543000 USD
us-gaap Income Loss From Equity Method Investments
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3815000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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1673000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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1958000 USD
us-gaap Increase Decrease In Accounts Receivable
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167000 USD
us-gaap Increase Decrease In Accounts Receivable
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4391000 USD
us-gaap Increase Decrease In Inventories
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50647000 USD
us-gaap Increase Decrease In Inventories
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43439000 USD
us-gaap Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
-3882000 USD
us-gaap Increase Decrease In Customer Deposits
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-400000 USD
us-gaap Increase Decrease In Customer Deposits
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3468000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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-20794000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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-12301000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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25347000 USD
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us-gaap Payments To Acquire Equity Method Investments
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755000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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1143000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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1178000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-1143000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
150000 USD
us-gaap Repayments Of Lines Of Credit
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61500000 USD
us-gaap Repayments Of Lines Of Credit
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35000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
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9022000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
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514000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
544000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
412000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
388000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
10993000 USD
us-gaap Interest Paid Net
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0 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38852000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41201000 USD
us-gaap Payments To Minority Shareholders
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10423000 USD
us-gaap Temporary Equity Interest In Subsidiary Earnings
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527000 USD
us-gaap Temporary Equity Interest In Subsidiary Earnings
TemporaryEquityInterestInSubsidiaryEarnings
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19034000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40493000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
912000 USD
CY2018Q4 us-gaap Cash
Cash
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CY2017Q4 us-gaap Cash
Cash
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CY2018Q4 us-gaap Restricted Cash
RestrictedCash
3440000 USD
CY2017Q4 us-gaap Restricted Cash
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3605000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41755000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40289000 USD
CY2019Q2 us-gaap Cash
Cash
34383000 USD
CY2018Q2 us-gaap Cash
Cash
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CY2019Q2 us-gaap Restricted Cash
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4469000 USD
CY2018Q2 us-gaap Restricted Cash
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us-gaap Interest Paid Net
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0 USD
us-gaap Income Taxes Paid Net
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7520000 USD
us-gaap Income Taxes Paid Net
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1579000 USD
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="line-height:120%;text-align:left;text-indent:4px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Basis of Presentation</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) and applicable regulations of the Securities and Exchange Commission (“SEC”), but do not include all of the information and footnotes required for complete financial statements. The condensed consolidated balance sheet as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;"> was derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;">. In the opinion of management, the accompanying unaudited condensed consolidated financial statements for the periods presented reflect all adjustments of a normal, recurring nature necessary to fairly state our financial position, results of operations and cash flows. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;">. </span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Operating results for the three and </span><span style="font-family:inherit;font-size:10pt;">six</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">June 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the fiscal year ending </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> or subsequent periods.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of Estimates</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management of the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes, including the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation. </span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Beginning in the first quarter of 2019, the Company reclassified its sales commission expenses from cost of residential units to selling, general and administrative expense in the condensed consolidated statements of income in order to be more comparable with a majority of its peers. There was no impact to net income from the reclassification in any period.</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">For a complete set of the Company’s significant accounting policies, refer to Note 1 of the Company’s Annual Report on Form 10-K for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span><span style="font-family:inherit;font-size:10pt;">. Changes and additions to significant accounting policies during the </span><span style="font-family:inherit;font-size:10pt;">six</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">June 30, 2019</span><span style="font-family:inherit;font-size:10pt;"> are presented below.</span></div>
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4200000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4100000 USD
CY2019Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
100000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
8531000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1665000 USD
us-gaap Temporary Equity Interest In Subsidiary Earnings
TemporaryEquityInterestInSubsidiaryEarnings
527000 USD
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
2840000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
12509000 USD
us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
1800000 USD
us-gaap Temporary Equity Interest In Subsidiary Earnings
TemporaryEquityInterestInSubsidiaryEarnings
500000 USD
CY2019Q2 us-gaap Business Combination Contingent Consideration Arrangements Range Of Outcomes Value Low
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow
1900000 USD
CY2019Q2 us-gaap Business Combination Contingent Consideration Arrangements Range Of Outcomes Value High
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh
3500000 USD
CY2019Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
415561000 USD
CY2019Q2 us-gaap Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
82600000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
76300000 USD
CY2019Q2 grbk Finished Homesand Homesunder Construction
FinishedHomesandHomesunderConstruction
303924000 USD
CY2018Q4 grbk Finished Homesand Homesunder Construction
FinishedHomesandHomesunderConstruction
268763000 USD
CY2018Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
399809000 USD
CY2019Q2 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
393000 USD
CY2018Q4 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
389000 USD
CY2019Q2 us-gaap Inventory Real Estate
InventoryRealEstate
719878000 USD
CY2018Q4 us-gaap Inventory Real Estate
InventoryRealEstate
668961000 USD
CY2019Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
16526000 USD
CY2018Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
11221000 USD
CY2018Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
14780000 USD
CY2017Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
10474000 USD
CY2019Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
3128000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
2006000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
6014000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
3634000 USD
CY2019Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
2455000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
1084000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
3595000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
1965000 USD
CY2019Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
17199000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
12143000 USD
CY2019Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
17199000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
12143000 USD
CY2019Q2 grbk Inventory Operative Builders With Potential Indicators Of Impairment
InventoryOperativeBuildersWithPotentialIndicatorsOfImpairment
14700000
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Cash
EquityMethodInvestmentSummarizedFinancialInformationCash
9260000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Cash
EquityMethodInvestmentSummarizedFinancialInformationCash
14584000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
3525000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Accounts Receivable
EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable
1259000 USD
CY2019Q2 grbk Equity Method Investments Summarized Financial Information Bonds Receivable
EquityMethodInvestmentsSummarizedFinancialInformationBondsReceivable
5864000 USD
CY2018Q4 grbk Equity Method Investments Summarized Financial Information Bonds Receivable
EquityMethodInvestmentsSummarizedFinancialInformationBondsReceivable
5864000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Loans Held For Sale
EquityMethodInvestmentSummarizedFinancialInformationLoansHeldForSale
8266000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Loans Held For Sale
EquityMethodInvestmentSummarizedFinancialInformationLoansHeldForSale
3083000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Inventory
EquityMethodInvestmentSummarizedFinancialInformationInventory
51291000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Inventory
EquityMethodInvestmentSummarizedFinancialInformationInventory
44375000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
4390000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
3132000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
82596000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
72297000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
3247000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Accounts Payable
EquityMethodInvestmentSummarizedFinancialInformationAccountsPayable
2173000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Accrued Expensesand Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationAccruedExpensesandOtherLiabilities
8086000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Accrued Expensesand Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationAccruedExpensesandOtherLiabilities
5328000 USD
CY2019Q2 grbk Equity Method Investment Summarized Financial Information Notes Payable
EquityMethodInvestmentSummarizedFinancialInformationNotesPayable
33991000 USD
CY2018Q4 grbk Equity Method Investment Summarized Financial Information Notes Payable
EquityMethodInvestmentSummarizedFinancialInformationNotesPayable
31402000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
45324000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
38903000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
18582000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
15653000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
18690000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
17741000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
37272000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
33394000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
82596000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
72297000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
43261000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
43953000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.14
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
74358000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
76952000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
37804000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
39099000 USD
us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
65121000 USD
us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
69020000 USD
CY2019Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
5457000 USD
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
4854000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
9237000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
7932000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2697000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2279000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4543000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3815000 USD
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1343000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1614000 USD
CY2019Q2 us-gaap Line Of Credit
LineOfCredit
232657000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
200386000 USD
CY2019Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
73100000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7862 shares
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
100000 USD
CY2019Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
39320 shares
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
300000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
59116 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
34000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
12.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
219000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
194000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M29D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
410000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
400000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.49
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M29D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
500000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
9.67
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
0
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
59000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.05
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
500000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
328000 USD
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
100000 shares
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
0 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
0 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
0
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
100000 shares
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.88
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
200000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
200000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1400000 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0.0 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0.0 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
300000 USD
CY2019Q2 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
31578000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11522000 USD
CY2018Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
31978000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8037000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5428000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7252000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
0 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
60100000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21410000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
27871000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
10865000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
60146000 USD
CY2019Q2 us-gaap Revenues
Revenues
183506000 USD
CY2018Q2 us-gaap Revenues
Revenues
157312000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
40281000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
41071000 USD
us-gaap Gross Profit
GrossProfit
75647000 USD
us-gaap Gross Profit
GrossProfit
73705000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21456000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24230000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36775000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
40841000 USD
CY2019Q2 us-gaap Inventory Real Estate
InventoryRealEstate
719878000 USD
CY2018Q4 us-gaap Inventory Real Estate
InventoryRealEstate
668961000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
14460000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
14869000 USD
us-gaap Net Income Loss
NetIncomeLoss
27065000 USD
us-gaap Net Income Loss
NetIncomeLoss
26072000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50655000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50664000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50609000 shares
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50620000 shares
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
1332000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50655000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50664000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50609000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50620000 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
69000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
119000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
56000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
131000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50724000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50783000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50665000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50751000 shares
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35000 shares
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19000 shares
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2207000 USD
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2207000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
514000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
514000 USD
us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
1332000 USD
CY2019Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
618000 USD
CY2019Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
618000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2019Q2 grbk Lots Remaining To Be Sold
LotsRemainingToBeSold
0
CY2019Q2 grbk Landand Lotsunder Purchase Options Expected Purchase Payments Year Four
LandandLotsunderPurchaseOptionsExpectedPurchasePaymentsYearFour
3739000 USD
CY2019Q2 grbk Landand Lotsunder Purchase Options Expected Purchase Payments Total
LandandLotsunderPurchaseOptionsExpectedPurchasePaymentsTotal
184662000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
257000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
257000 USD
CY2019Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2000000.0 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2200000 USD
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
300000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
600000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
300000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
600000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0525
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
599000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1235000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1011000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
734000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
558000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4137000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3751000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 USD
CY2019Q2 grbk Lotsunder Purchase Options Number
LotsunderPurchaseOptionsNumber
3050 lot
CY2018Q4 grbk Lotsunder Purchase Options Number
LotsunderPurchaseOptionsNumber
1843 lot
CY2019Q2 grbk Landand Lotsunder Purchase Options Expected Purchase Payments Remainderof Fiscal Year
LandandLotsunderPurchaseOptionsExpectedPurchasePaymentsRemainderofFiscalYear
73528000 USD
CY2019Q2 grbk Landand Lotsunder Purchase Options Expected Purchase Payments Year Two
LandandLotsunderPurchaseOptionsExpectedPurchasePaymentsYearTwo
76120000 USD
CY2019Q2 grbk Landand Lotsunder Purchase Options Expected Purchase Payments Year Three
LandandLotsunderPurchaseOptionsExpectedPurchasePaymentsYearThree
31275000 USD
CY2019Q2 grbk Earnest Money Depositsand Preacquisition Costs Written Off
EarnestMoneyDepositsandPreacquisitionCostsWrittenOff
0.0 USD
grbk Earnest Money Depositsand Preacquisition Costs Written Off
EarnestMoneyDepositsandPreacquisitionCostsWrittenOff
500000 USD
CY2018Q2 grbk Earnest Money Depositsand Preacquisition Costs Written Off
EarnestMoneyDepositsandPreacquisitionCostsWrittenOff
0.0 USD
grbk Earnest Money Depositsand Preacquisition Costs Written Off
EarnestMoneyDepositsandPreacquisitionCostsWrittenOff
100000 USD

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