$LGIH
LGI Homes, Inc. Stock $lgih

$lgih Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-K Financial Statement

#000158067022000023 Filed on February 15, 2022

Income Statement

Concept	2021 Q4	2021 Q3	2021 Q2
Revenue	$801.1M	$751.6M	$791.5M
YoY Change	-10.73%	40.7%	64.35%
Cost Of Revenue	$589.4M	$549.3M	$577.4M
YoY Change	-9.9%	37.68%	58.8%
Gross Profit	$211.7M	$202.3M	$214.1M
YoY Change	-12.99%	49.59%	81.46%
Gross Profit Margin	26.43%	26.91%	27.05%
Selling, General & Admin	$70.41M	$64.35M	$68.07M
YoY Change	-9.5%	11.35%	35.77%
% of Gross Profit	33.26%	31.81%	31.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$322.0K	$295.0K	$237.0K
YoY Change	61.0%	47.5%	137.0%
% of Gross Profit	0.15%	0.15%	0.11%
Operating Expenses	$70.41M	$64.35M	$68.07M
YoY Change	-9.39%	11.35%	35.77%
Operating Profit	$141.3M	$137.9M	$146.0M
YoY Change	-14.68%	78.12%	115.24%
Interest Expense		$0.00	$0.00
YoY Change
% of Operating Profit		0.0%	0.0%
Other Income/Expense, Net	$2.074M	$2.370M	$3.776M
YoY Change	107.4%	492.5%	372.0%
Pretax Income	$143.4M	$127.0M	$149.1M
YoY Change	-13.91%	63.2%	117.39%
Income Tax	$32.08M	$26.44M	$30.99M
% Of Pretax Income	22.37%	20.82%	20.78%
Net Earnings	$111.3M	$100.6M	$118.1M
YoY Change	-18.42%	12.97%	112.38%
Net Earnings / Revenue	13.89%	13.38%	14.93%
Basic Earnings Per Share	$4.61	$4.10	$4.75
Diluted Earnings Per Share	$4.53	$4.05	$4.71
COMMON SHARES
Basic Shares Outstanding	24.27M shares	24.51M shares	24.84M shares
Diluted Shares Outstanding		24.82M shares	25.06M shares

Balance Sheet

Concept	2021 Q4	2021 Q3	2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$50.51M	$46.72M	$111.7M
YoY Change	40.71%	0.9%	127.5%
Cash & Equivalents	$50.51M	$46.72M	$111.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$2.086B	$1.908B	$1.751B
Prepaid Expenses
Receivables	$57.91M	$49.17M	$69.52M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.194B	$2.004B	$1.932B
YoY Change	27.48%	20.96%	23.41%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.94M	$13.36M	$8.570M
YoY Change	368.33%	485.11%	356.82%
Goodwill	$12.02M	$12.02M	$12.02M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$46.90M	$57.88M	$44.91M
YoY Change	6.11%	43.27%	30.56%
Total Long-Term Assets	$157.5M	$149.5M	$126.8M
YoY Change	50.34%	41.01%	79.09%
TOTAL ASSETS
Total Short-Term Assets	$2.194B	$2.004B	$1.932B
Total Long-Term Assets	$157.5M	$149.5M	$126.8M
Total Assets	$2.352B	$2.154B	$2.059B
YoY Change	28.79%	22.16%	25.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.17M	$35.46M	$57.58M
YoY Change	3.45%	13.64%	273.88%
Accrued Expenses	$103.0M	$83.74M	$81.09M
YoY Change	21.88%	1.5%	15.01%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00
YoY Change
Total Short-Term Liabilities	$140.9M	$143.1M	$177.4M
YoY Change	-0.39%	24.03%	46.34%
LONG-TERM LIABILITIES
Long-Term Debt	$805.2M	$666.1M	$583.7M
YoY Change	49.56%	7.66%	-0.74%
Other Long-Term Liabilities	$9.836M	$8.553M	$11.41M
YoY Change	36.61%	-46.88%	35.81%
Total Long-Term Liabilities	$815.1M	$674.6M	$595.1M
YoY Change	49.39%	6.28%	-0.22%
TOTAL LIABILITIES
Total Short-Term Liabilities	$140.9M	$143.1M	$177.4M
Total Long-Term Liabilities	$815.1M	$674.6M	$595.1M
Total Liabilities	$956.0M	$817.8M	$772.4M
YoY Change	39.14%	9.01%	7.64%
SHAREHOLDERS EQUITY
Retained Earnings	$1.364B	$1.253B	$1.152B
YoY Change	45.99%	57.0%	62.53%
Common Stock	$269.0K	$269.0K	$269.0K
YoY Change	0.75%	0.75%	0.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$259.9M	$203.8M	$147.7M
YoY Change	293.0%	312.67%	199.12%
Treasury Stock Shares	3.047M shares	2.668M shares	2.309M shares
Shareholders Equity	$1.396B	$1.336B	$1.286B
YoY Change
Total Liabilities & Shareholders Equity	$2.352B	$2.154B	$2.059B
YoY Change	28.79%	22.16%	25.82%

Cashflow Statement

Concept	2021 Q4	2021 Q3	2021 Q2
OPERATING ACTIVITIES
Net Income	$111.3M	$100.6M	$118.1M
YoY Change	-18.42%	12.97%	112.38%
Depreciation, Depletion And Amortization	$322.0K	$295.0K	$237.0K
YoY Change	61.0%	47.5%	137.0%
Cash From Operating Activities	-$79.39M	-$38.77M	-$20.85M
YoY Change	-189.0%	17.11%	-123.88%
INVESTING ACTIVITIES
Capital Expenditures	-$88.00K	-$502.0K	$161.0K
YoY Change	-94.13%	-16.33%	-180.5%
Acquisitions
YoY Change
Other Investing Activities	-$474.0K	-$39.56M	-$30.32M
YoY Change	-75.05%
Cash From Investing Activities	-$562.0K	-$40.07M	-$30.16M
YoY Change	-82.97%	6577.67%	14981.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	83.75M	13.84M	114.6M
YoY Change	-187.05%	-55.2%	-173.35%
NET CHANGE
Cash From Operating Activities	-79.39M	-38.77M	-20.85M
Cash From Investing Activities	-562.0K	-40.07M	-30.16M
Cash From Financing Activities	83.75M	13.84M	114.6M
Net Change In Cash	3.797M	-64.99M	63.56M
YoY Change	-136.86%	2220.96%	-191.99%
FREE CASH FLOW
Cash From Operating Activities	-$79.39M	-$38.77M	-$20.85M
Capital Expenditures	-$88.00K	-$502.0K	$161.0K
Free Cash Flow	-$79.30M	-$38.26M	-$21.01M
YoY Change	-187.43%	17.73%	-124.01%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021	dei	Entity Central Index Key EntityCentralIndexKey	0001580670
CY2021	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2021	dei	Amendment Flag AmendmentFlag	false
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CY2021	dei	Document Type DocumentType	10-K
CY2021	dei	Document Annual Report DocumentAnnualReport	true
CY2021	dei	Document Period End Date DocumentPeriodEndDate	2021-12-31
CY2021	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021	dei	Document Transition Report DocumentTransitionReport	false
CY2021	dei	Entity File Number EntityFileNumber	001-36126
CY2021	dei	Entity Registrant Name EntityRegistrantName	LGI HOMES, INC.
CY2021	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2021	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-3088013
CY2021	dei	Entity Address Address Line1 EntityAddressAddressLine1	1450 Lake Robbins Drive,
CY2021	dei	Entity Address City Or Town EntityAddressCityOrTown	The Woodlands,
CY2021	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2021	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77380
CY2021	dei	City Area Code CityAreaCode	(281)
CY2021	dei	Local Phone Number LocalPhoneNumber	362-8998
CY2021	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
CY2021	dei	Trading Symbol TradingSymbol	LGIH
CY2021	dei	Security Exchange Name SecurityExchangeName	NASDAQ
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CY2021	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2021	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021	dei	Entity Small Business EntitySmallBusiness	false
CY2021	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
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CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-58030000	USD
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	59549000	USD
CY2019	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13554000	USD
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	463643000	USD
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	70228000	USD
CY2019	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	266651000	USD
CY2021	us-gaap	Increase Decrease In Earnest Money Deposits Outstanding IncreaseDecreaseInEarnestMoneyDepositsOutstanding	-3238000	USD
CY2020	us-gaap	Increase Decrease In Earnest Money Deposits Outstanding IncreaseDecreaseInEarnestMoneyDepositsOutstanding	-32000	USD
CY2019	us-gaap	Increase Decrease In Earnest Money Deposits Outstanding IncreaseDecreaseInEarnestMoneyDepositsOutstanding	-8507000	USD
CY2021	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	28689000	USD
CY2020	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	25686000	USD
CY2019	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-6228000	USD
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-760000	USD
CY2020	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1181000	USD
CY2019	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	3254000	USD
CY2021	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-4917000	USD
CY2020	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	20655000	USD
CY2019	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	35117000	USD
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	21700000	USD
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	202158000	USD
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-41934000	USD
CY2021	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	1729000	USD
CY2020	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	2692000	USD
CY2019	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	734000	USD
CY2021	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1692000	USD
CY2020	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	2956000	USD
CY2019	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1059000	USD
CY2021	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	66970000	USD
CY2020	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0	USD
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-70391000	USD
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5648000	USD
CY2019	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0	USD
CY2019	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1793000	USD
CY2021	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	1239818000	USD
CY2020	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	377064000	USD
CY2019	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	309308000	USD
CY2021	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	969000000	USD
CY2020	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	530000000	USD
CY2019	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	273762000	USD
CY2021	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	10314000	USD
CY2020	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	USD
CY2019	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	USD
CY2021	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	10572000	USD
CY2020	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2155000	USD
CY2019	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2984000	USD
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	7114000	USD
CY2020	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4259000	USD
CY2019	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2886000	USD
CY2021	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	193783000	USD
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	48081000	USD
CY2019	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	63263000	USD
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-198913000	USD
CY2019	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	35448000	USD
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	14572000	USD
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2403000	USD
CY2019	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-8279000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35942000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38345000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	46624000	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	50514000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35942000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38345000	USD
CY2021Q2	lgih	Business Combination Numberof Homesunder Construction BusinessCombinationNumberofHomesunderConstruction	100	home
CY2021Q2	lgih	Business Combination Ownedand Controlled Lots BusinessCombinationOwnedandControlledLots	3000	home
CY2021Q2	us-gaap	Asset Acquisition Consideration Transferred AssetAcquisitionConsiderationTransferred	27300000	USD
CY2021Q3	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	39100000	USD
CY2021Q3	lgih	Business Combination Numberof Homesunder Construction BusinessCombinationNumberofHomesunderConstruction	100	home
CY2021Q3	lgih	Business Combination Ownedand Controlled Lots BusinessCombinationOwnedandControlledLots	500	home
CY2021	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates, and these differences could have a significant impact on the financial statements. The significant accounting estimates include land development cost of sales, impairment of real estate inventory, warranty reserves, loss contingencies, incentive compensation expense, and income taxes.</span></div>
CY2019	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2021	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2020	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	12000000	USD
CY2020Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	6500000	USD
CY2020	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2019	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2021Q4	us-gaap	Goodwill Goodwill	12000000	USD
CY2021	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2020	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2019	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2021	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	7700000	USD
CY2020	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	10700000	USD
CY2019	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	20200000	USD
CY2021	us-gaap	Revenues Revenues	3050149000	USD
CY2020	us-gaap	Revenues Revenues	2367929000	USD
CY2019	us-gaap	Revenues Revenues	1838154000	USD
CY2021	us-gaap	Revenues Revenues	3050149000	USD
CY2020	us-gaap	Revenues Revenues	2367929000	USD
CY2019	us-gaap	Revenues Revenues	1838154000	USD
CY2021Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	1499761000	USD
CY2020Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	981838000	USD
CY2021Q4	us-gaap	Inventory Operative Builders Other InventoryOperativeBuildersOther	28665000	USD
CY2020Q4	us-gaap	Inventory Operative Builders Other InventoryOperativeBuildersOther	30201000	USD
CY2021Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	449742000	USD
CY2020Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	337364000	USD
CY2021Q4	us-gaap	Inventory Finished Homes InventoryFinishedHomes	107736000	USD
CY2020Q4	us-gaap	Inventory Finished Homes InventoryFinishedHomes	220086000	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	16944000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3618000	USD
CY2021	us-gaap	Property Plant And Equipment Transfers And Changes PropertyPlantAndEquipmentTransfersAndChanges	13200000	USD
CY2021Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	2085904000	USD
CY2020Q4	us-gaap	Inventory Operative Builders InventoryOperativeBuilders	1569489000	USD
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	18751000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8416000	USD
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1807000	USD
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	4798000	USD
CY2021	us-gaap	Depreciation Depreciation	1100000	USD
CY2020	us-gaap	Depreciation Depreciation	700000	USD
CY2019	us-gaap	Depreciation Depreciation	600000	USD
CY2021Q4	us-gaap	Retention Payable RetentionPayable	48656000	USD
CY2020Q4	us-gaap	Retention Payable RetentionPayable	29938000	USD
CY2021Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	24914000	USD
CY2020Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	28579000	USD
CY2021Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	11604000	USD
CY2020Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	26181000	USD
CY2021Q4	us-gaap	Deposit Contracts Liabilities DepositContractsLiabilities	12182000	USD
CY2020Q4	us-gaap	Deposit Contracts Liabilities DepositContractsLiabilities	17151000	USD
CY2021Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	7431000	USD
CY2020Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	10853000	USD
CY2021Q4	lgih	Inventory Related Obligations InventoryRelatedObligations	8803000	USD
CY2020Q4	lgih	Inventory Related Obligations InventoryRelatedObligations	4515000	USD
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5333000	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5287000	USD
CY2021Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7850000	USD
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5350000	USD
CY2021Q4	us-gaap	Other Liabilities OtherLiabilities	9836000	USD
CY2020Q4	us-gaap	Other Liabilities OtherLiabilities	7154000	USD
CY2021Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	136609000	USD
CY2020Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	135008000	USD
CY2021	lgih	Inventory Related Obligation Term InventoryRelatedObligationTerm	P30Y
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5350000	USD
CY2019Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	3500000	USD
CY2018Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	2950000	USD
CY2021	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	11223000	USD
CY2020	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	7040000	USD
CY2019	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	5286000	USD
CY2021	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	8723000	USD
CY2020	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	5190000	USD
CY2019	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	4736000	USD
CY2021Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7850000	USD
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5350000	USD
CY2019Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	3500000	USD
CY2021Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	-12203000	USD
CY2020Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	-8223000	USD
CY2021Q4	us-gaap	Notes Payable NotesPayable	805236000	USD
CY2020Q4	us-gaap	Notes Payable NotesPayable	538398000	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	517439000	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	0	USD
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive	300000000	USD
CY2021Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	817439000	USD
CY2021Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	12203000	USD
CY2021Q4	us-gaap	Notes Payable NotesPayable	805236000	USD
CY2021	us-gaap	Interest Costs Incurred InterestCostsIncurred	28360000	USD
CY2020	us-gaap	Interest Costs Incurred InterestCostsIncurred	37285000	USD
CY2019	us-gaap	Interest Costs Incurred InterestCostsIncurred	45555000	USD
CY2021	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	28360000	USD
CY2020	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	37285000	USD
CY2019	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	45555000	USD
CY2021	us-gaap	Interest Expense InterestExpense	0	USD
CY2020	us-gaap	Interest Expense InterestExpense	0	USD
CY2019	us-gaap	Interest Expense InterestExpense	0	USD
CY2021	us-gaap	Interest Paid InterestPaid	28850000	USD
CY2020	us-gaap	Interest Paid InterestPaid	34924000	USD
CY2019	us-gaap	Interest Paid InterestPaid	42438000	USD
CY2020	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2900000	USD
CY2021	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2900000	USD
CY2019	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4100000	USD
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	16999000	USD
CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	46319000	USD
CY2021	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	95343000	USD
CY2020	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	35207000	USD
CY2019	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	47886000	USD
CY2020	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	11112000	USD
CY2019	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	7169000	USD
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	112342000	USD
CY2019	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	55055000	USD
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	751000	USD
CY2020	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-2136000	USD
CY2019	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-1637000	USD
CY2021	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	37000	USD
CY2020	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-229000	USD
CY2019	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-194000	USD
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	788000	USD
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2365000	USD
CY2019	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1831000	USD
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	113130000	USD
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43954000	USD
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53224000	USD
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	127900000	USD
CY2020	us-gaap	Income Taxes Paid IncomeTaxesPaid	68400000	USD
CY2019	us-gaap	Income Taxes Paid IncomeTaxesPaid	38000000	USD
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	114081000	USD
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2020	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	77248000	USD
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2019	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	48685000	USD
CY2019	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2019	lgih	Federal Efficient Homes Tax Credits Percent FederalEfficientHomesTaxCreditsPercent	0
CY2021	lgih	Retroactive Federal Energy Efficient Homes Tax Credits RetroactiveFederalEnergyEfficientHomesTaxCredits	0	USD
CY2021	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	13467000	USD
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.025
CY2020	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	8530000	USD
CY2020	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.023
CY2019	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	5497000	USD
CY2019	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.024
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-2243000	USD
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.004
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-994000	USD
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.003
CY2019	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-1749000	USD
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.008
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	4343000	USD
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.008
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	439000	USD
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.001
CY2020	lgih	Retroactive Federal Energy Efficient Homes Tax Credits RetroactiveFederalEnergyEfficientHomesTaxCredits	29703000	USD
CY2019	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	771000	USD
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.004
CY2021	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	-367000	USD
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CY2020	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	-78000	USD
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CY2019	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	20000	USD
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0
CY2021	lgih	Federal Energy Effecient Homes Tax Credits FederalEnergyEffecientHomesTaxCredits	16151000	USD
CY2021	lgih	Federal Efficient Homes Tax Credits Percent FederalEfficientHomesTaxCreditsPercent	0.030
CY2021	lgih	Retroactive Federal Energy Efficient Homes Tax Credits Percent RetroactiveFederalEnergyEfficientHomesTaxCreditsPercent	0
CY2020	lgih	Federal Energy Effecient Homes Tax Credits FederalEnergyEffecientHomesTaxCredits	11488000	USD
CY2020	lgih	Federal Efficient Homes Tax Credits Percent FederalEfficientHomesTaxCreditsPercent	0.031
CY2019	lgih	Federal Energy Effecient Homes Tax Credits FederalEnergyEffecientHomesTaxCredits	0	USD
CY2020	lgih	Extension Of Federal Energy Efficient Homes Tax Credits ExtensionOfFederalEnergyEfficientHomesTaxCredits	41200000	USD
CY2020	lgih	Retroactive Federal Energy Efficient Homes Tax Credits RetroactiveFederalEnergyEfficientHomesTaxCredits	29700000	USD
CY2020	lgih	Retroactive Federal Energy Efficient Homes Tax Credits Percent RetroactiveFederalEnergyEfficientHomesTaxCreditsPercent	0.081
CY2019	lgih	Retroactive Federal Energy Efficient Homes Tax Credits RetroactiveFederalEnergyEfficientHomesTaxCredits	0	USD
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CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	113130000	USD
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.208
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43954000	USD
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.119
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53224000	USD
CY2019	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.230
CY2021	lgih	Extension Of Federal Energy Efficient Homes Tax Credits ExtensionOfFederalEnergyEfficientHomesTaxCredits	16200000	USD
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals	5163000	USD
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CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	4397000	USD
CY2020Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	4347000	USD
CY2021Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	310000	USD
CY2020Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	56000	USD
CY2021Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	11299000	USD
CY2020Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	10737000	USD
CY2021Q4	us-gaap	Deferred Tax Liabilities Prepaid Expenses DeferredTaxLiabilitiesPrepaidExpenses	2433000	USD
CY2020Q4	us-gaap	Deferred Tax Liabilities Prepaid Expenses DeferredTaxLiabilitiesPrepaidExpenses	1372000	USD
CY2021Q4	lgih	Deferred Tax Liabilities Operating Lease Right Of Use Assets DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets	1137000	USD
CY2020Q4	lgih	Deferred Tax Liabilities Operating Lease Right Of Use Assets DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets	1124000	USD
CY2021Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	488000	USD
CY2020Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	499000	USD
CY2021Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	860000	USD
CY2020Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	738000	USD
CY2021Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	183000	USD
CY2020Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	18000	USD
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	5101000	USD
CY2020Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	3751000	USD
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	6198000	USD
CY2020Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	6986000	USD
CY2021	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1288563	shares
CY2021	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	193800000	USD
CY2020	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	718993	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	250000000	shares
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26963915	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	23917359	shares
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	3046556	shares
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CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24983561	shares
CY2020Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1757993	shares
CY2019Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	70000000	USD
CY2018Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	USD
CY2020Q4	lgih	Stock Repurchase Program Additional Amount Authorized StockRepurchaseProgramAdditionalAmountAuthorized	300000000	USD
CY2020	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	48100000	USD
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CY2020	us-gaap	Net Income Loss NetIncomeLoss	323895000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	178608000	USD
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24607231	shares
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25135077	shares
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23191595	shares
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CY2020	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2019	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1966639	shares
CY2021	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	301760	shares
CY2020	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	245483	shares
CY2019	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	272607	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24908991	shares
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25380560	shares
CY2019	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25430841	shares
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	17.46
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	12.89
CY2019	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.70
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	17.25
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	12.76
CY2019	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.02
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5970	shares
CY2020	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9482	shares
CY2019	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14211	shares
CY2021Q4	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	3000000	shares
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CY2021	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	4600000	USD
CY2021	lgih	Minimum Service Period For Employees To Be Covered Under Profit Sharing Plan MinimumServicePeriodForEmployeesToBeCoveredUnderProfitSharingPlan	P90D
CY2021	lgih	Employees Eligibility Age For Participating In Profit Sharing Plan EmployeesEligibilityAgeForParticipatingInProfitSharingPlan	P21Y
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CY2020	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	4000000	USD
CY2019	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	2900000	USD
CY2021Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	37499000	USD
CY2020Q4	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	34097000	USD
CY2021Q4	lgih	Commitment Under Land Purchase Option And Deposit Agreement CommitmentUnderLandPurchaseOptionAndDepositAgreement	921345000	USD
CY2020Q4	lgih	Commitment Under Land Purchase Option And Deposit Agreement CommitmentUnderLandPurchaseOptionAndDepositAgreement	663006000	USD
CY2021Q4	lgih	Lots Under Purchase Options Recorded LotsUnderPurchaseOptionsRecorded	36978	lot
CY2020Q4	lgih	Lots Under Purchase Options Recorded LotsUnderPurchaseOptionsRecorded	26236	lot
CY2021Q4	lgih	Refundable Land Deposits Of Purchase Contractsof Finished Lots RefundableLandDepositsOfPurchaseContractsofFinishedLots	19300000	USD
CY2020Q4	lgih	Refundable Land Deposits Of Purchase Contractsof Finished Lots RefundableLandDepositsOfPurchaseContractsofFinishedLots	24000000	USD
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CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4900000	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5300000	USD
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	1700000	USD
CY2020	us-gaap	Operating Lease Cost OperatingLeaseCost	1600000	USD
CY2019	us-gaap	Operating Lease Cost OperatingLeaseCost	1300000	USD
CY2020	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	3900000	USD
CY2021	us-gaap	Operating Lease Payments OperatingLeasePayments	1600000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	753000	USD
CY2020	us-gaap	Operating Lease Payments OperatingLeasePayments	1400000	USD
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CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	1423000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1263000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1035000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	658000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	1004000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	6136000	USD
CY2021Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	803000	USD
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5333000	USD
CY2021Q4	lgih	Lettersof Creditand Performanceand Surety Bonds LettersofCreditandPerformanceandSuretyBonds	206800000	USD
CY2020Q4	lgih	Lettersof Creditand Performanceand Surety Bonds LettersofCreditandPerformanceandSuretyBonds	143800000	USD
CY2021	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	5600000	USD
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	126994000	USD
CY2021Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	143384000	USD
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	149121000	USD
CY2021	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	7	Segment
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	5	Segment
CY2021	us-gaap	Revenues Revenues	3050149000	USD
CY2020	us-gaap	Revenues Revenues	2367929000	USD
CY2019	us-gaap	Revenues Revenues	1838154000	USD
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	542775000	USD
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	367849000	USD
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	231832000	USD
CY2021Q4	us-gaap	Assets Assets	2351865000	USD
CY2020Q4	us-gaap	Assets Assets	1826087000	USD
CY2021Q1	us-gaap	Revenues Revenues	705953000	USD
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CY2021Q3	us-gaap	Revenues Revenues	751608000	USD
CY2021Q4	us-gaap	Revenues Revenues	801076000	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	189949000	USD
CY2021Q2	us-gaap	Gross Profit GrossProfit	214079000	USD
CY2021Q3	us-gaap	Gross Profit GrossProfit	202289000	USD
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.10
CY2021Q4	us-gaap	Gross Profit GrossProfit	211717000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	123276000	USD
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	111303000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	99658000	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	118134000	USD
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	100550000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.99
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.75
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.61
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.95
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.71
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.05
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.53
CY2020Q1	us-gaap	Revenues Revenues	454727000	USD
CY2020Q2	us-gaap	Revenues Revenues	481602000	USD
CY2020Q3	us-gaap	Revenues Revenues	534202000	USD
CY2020Q4	us-gaap	Revenues Revenues	897398000	USD
CY2020Q1	us-gaap	Gross Profit GrossProfit	106564000	USD
CY2020Q4	us-gaap	Net Income Loss NetIncomeLoss	136428000	USD
CY2020Q2	us-gaap	Gross Profit GrossProfit	117973000	USD
CY2020Q3	us-gaap	Gross Profit GrossProfit	135231000	USD
CY2020Q4	us-gaap	Gross Profit GrossProfit	243329000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	54889000	USD
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	68597000	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	77815000	USD
CY2020Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	166548000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	42839000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	55624000	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	89004000	USD
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.69
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.22
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.55
CY2020Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.45
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.67
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.21
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.52
CY2020Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.34
CY2021	dei	Auditor Firm AuditorFirmId	42

Files In Submission

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$LGIH
LGI Homes, Inc. Stock $lgih

2021 Q4 Form 10-K Financial Statement

#000158067022000023 Filed on February 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LGIH LGI Homes, Inc. Stock $lgih

2021 Q4 Form 10-K Financial Statement

#000158067022000023 Filed on February 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LGIH
LGI Homes, Inc. Stock $lgih