$LSEA
Landsea Homes Corp Stock $lsea

$lsea Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000172138623000018 Filed on August 01, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$277.3M	$293.2M
YoY Change	-17.35%	-20.46%
Cost Of Revenue	$223.1M	$242.6M
YoY Change	-17.11%	-16.52%
Gross Profit	$54.29M	$50.66M
YoY Change	-18.35%	-35.12%
Gross Profit Margin	19.57%	17.28%
Selling, General & Admin	$42.39M	$44.31M
YoY Change	0.52%	-13.44%
% of Gross Profit	78.09%	87.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.220M	$1.139M
YoY Change	-11.72%	-20.9%
% of Gross Profit	2.25%	2.25%
Operating Expenses	$42.39M	$44.31M
YoY Change	0.52%	-13.44%
Operating Profit	$11.89M	$6.347M
YoY Change	-51.08%	-76.4%
Interest Expense	$10.00M	$7.300M
YoY Change	-1.48%	-50.58%
% of Operating Profit	84.08%	115.01%
Other Income/Expense, Net	$656.0K	$1.159M
YoY Change	-28.7%	-158.62%
Pretax Income	$12.55M	$7.506M
YoY Change	-50.4%	-67.68%
Income Tax	$3.066M	$1.640M
% Of Pretax Income	24.43%	21.85%
Net Earnings	$8.596M	$4.947M
YoY Change	-56.96%	-66.88%
Net Earnings / Revenue	3.1%	1.69%
Basic Earnings Per Share	$0.22	$0.12
Diluted Earnings Per Share	$0.22	$0.12
COMMON SHARES
Basic Shares Outstanding	38.59M shares	40.05M shares
Diluted Shares Outstanding	38.44M shares	39.97M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$133.5M	$74.19M
YoY Change	21.15%	-25.58%
Cash & Equivalents	$133.5M	$74.19M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.156B	$1.125B
Prepaid Expenses
Receivables	$6.300M	$4.800M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.296B	$1.199B
YoY Change	-0.82%	-4.22%
LONG-TERM ASSETS
Property, Plant & Equipment	$12.90M	$13.80M
YoY Change	0.78%	0.73%
Goodwill	$68.64M	$68.64M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$11.00M	$1.904M
YoY Change	52.99%	-59.26%
Total Long-Term Assets	$181.6M	$207.3M
YoY Change	11.64%	46.04%
TOTAL ASSETS
Total Short-Term Assets	$1.296B	$1.199B
Total Long-Term Assets	$181.6M	$207.3M
Total Assets	$1.477B	$1.407B
YoY Change	0.56%	0.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$72.30M	$72.90M
YoY Change	-12.2%	-14.69%
Accrued Expenses	$149.1M	$138.4M
YoY Change	30.29%	30.35%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$222.3M	$212.2M
YoY Change	11.63%	9.38%
LONG-TERM LIABILITIES
Long-Term Debt	$552.4M	$482.7M
YoY Change	-5.58%	-9.71%
Other Long-Term Liabilities	$1.000M	$900.0K
YoY Change	150.0%	200.0%
Total Long-Term Liabilities	$553.4M	$482.7M
YoY Change	-5.48%	-9.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$222.3M	$212.2M
Total Long-Term Liabilities	$553.4M	$482.7M
Total Liabilities	$775.6M	$749.3M
YoY Change	-1.14%	2.79%
SHAREHOLDERS EQUITY
Retained Earnings	$175.1M	$166.5M
YoY Change	31.89%	47.62%
Common Stock	$477.8M	$490.7M
YoY Change	-3.87%	-1.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$653.0M	$657.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.477B	$1.407B
YoY Change	0.56%	0.9%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$8.596M	$4.947M
YoY Change	-56.96%	-66.88%
Depreciation, Depletion And Amortization	$1.220M	$1.139M
YoY Change	-11.72%	-20.9%
Cash From Operating Activities	$13.52M	-$16.89M
YoY Change	-138.36%	6.8%
INVESTING ACTIVITIES
Capital Expenditures	$1.960M	$2.008M
YoY Change	-335.01%	-217.63%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$1.960M	-$2.008M
YoY Change	135.01%	-1151.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	47.74M	-43.70M
YoY Change	2.47%	-213.66%
NET CHANGE
Cash From Operating Activities	13.52M	-16.89M
Cash From Investing Activities	-1.960M	-2.008M
Cash From Financing Activities	47.74M	-43.70M
Net Change In Cash	59.30M	-62.60M
YoY Change	464.17%	-374.28%
FREE CASH FLOW
Cash From Operating Activities	$13.52M	-$16.89M
Capital Expenditures	$1.960M	$2.008M
Free Cash Flow	$11.56M	-$18.90M
YoY Change	-133.59%	33.96%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Other Liability Related And Nonrelated Party Status Extensible Enumeration OtherLiabilityRelatedAndNonrelatedPartyStatusExtensibleEnumeration	http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q2	us-gaap	Other Liability Related And Nonrelated Party Status Extensible Enumeration OtherLiabilityRelatedAndNonrelatedPartyStatusExtensibleEnumeration	http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	482736000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	505422000	usd
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8372000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	5866000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	14854000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	919000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-81000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	4947000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	14935000	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39891982	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43081762	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39971731	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43200467	shares
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	712618000	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	145000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1731000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7532000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	932000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	710319000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	695000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1370000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7532000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1845000	usd
	us-gaap	Profit Loss ProfitLoss	9989000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	711606000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	630480000	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	176000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1354000	usd
CY2022Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	36376000	usd
CY2022Q2	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	55000000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	14854000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	665136000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	621397000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	848000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1872000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	40200000	usd
	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	55000000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	7476000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	40200000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	55000000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	1845000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	147000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3075000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-34463000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	65761000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-49448000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-243572000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	123634000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	343253000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	5	segment
	us-gaap	Use Of Estimates UseOfEstimates	Use of Estimates—The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ materially from these estimates.
CY2023Q2	lhi	Inventory Real Estate Deposits And Pre Acquisition Costs InventoryRealEstateDepositsAndPreAcquisitionCosts	102726000	usd
CY2022Q4	lhi	Inventory Real Estate Deposits And Pre Acquisition Costs InventoryRealEstateDepositsAndPreAcquisitionCosts	101395000	usd
CY2023Q2	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	313375000	usd
CY2022Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	191047000	usd
CY2023Q2	us-gaap	Inventory Real Estate Construction In Process InventoryRealEstateConstructionInProcess	667060000	usd
CY2022Q4	us-gaap	Inventory Real Estate Construction In Process InventoryRealEstateConstructionInProcess	779352000	usd
CY2023Q2	lhi	Inventory Real Estate Model Homes InventoryRealEstateModelHomes	41948000	usd
CY2022Q4	lhi	Inventory Real Estate Model Homes InventoryRealEstateModelHomes	21575000	usd
CY2023Q2	us-gaap	Inventory Real Estate InventoryRealEstate	1125109000	usd
CY2022Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1093369000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q2	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	11300000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	23200000	usd
CY2022Q2	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	7500000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	14800000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	7300000	usd
	us-gaap	Interest Expense InterestExpense	11900000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	14800000	usd
	us-gaap	Interest Expense InterestExpense	21200000	usd
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y8M12D
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.053
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.046
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13800000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	14800000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15600000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	16400000	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	800000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	1900000	usd
CY2022Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	600000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	1100000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	4800000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	7200000	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	8800000	usd
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	11600000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	900000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0	usd
CY2023Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	7264000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	8878000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	482736000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	505422000	usd
CY2023Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	46230000	usd
CY2022Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	16757000	usd
CY2022Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	46657000	usd
CY2021Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	15692000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1263000	usd
CY2022Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1642000	usd
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2174000	usd
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	3243000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1266000	usd
CY2022Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	389000	usd
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2604000	usd
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	925000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	46227000	usd
CY2022Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	18010000	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y10M24D
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1968000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3481000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2582000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2332000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2101000	usd
CY2023Q2	lhi	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	4738000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	17202000	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2390000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.218
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.246
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.360
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.325
	lhi	Number Of Geographic Regions NumberOfGeographicRegions	5	segment
	lhi	Number Of Geographic Regions NumberOfGeographicRegions	5	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	5	segment
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	293244000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	368679000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	534984000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	684906000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7506000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	23226000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	13246000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	41354000	usd
CY2023Q2	us-gaap	Assets Assets	1406571000	usd
CY2022Q4	us-gaap	Assets Assets	1440496000	usd
	lhi	Real Estate Inventories Carrying Value RealEstateInventoriesCarryingValue	24100000	usd
CY2023Q2	lhi	Real Estate Inventories Carrying Value RealEstateInventoriesCarryingValue	24100000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	4700000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41400000	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	39200000	shares
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	15525000	shares
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	4947000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	14935000	usd
	us-gaap	Net Income Loss NetIncomeLoss	8165000	usd
	us-gaap	Net Income Loss NetIncomeLoss	28000000	usd
CY2023Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
CY2022Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	339000	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	619000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4947000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14596000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8165000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	27381000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	39891982	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	44081762	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	39944549	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	45208307	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased	0	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased	1000000	shares
	us-gaap	Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased	0	shares
	us-gaap	Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased	1000000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39891982	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43081762	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39944549	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44208307	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	79749	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	118705	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	115182	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	175100	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39971731	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43200467	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40059731	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44383407	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.62
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.62
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2500000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2200000	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1600000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1600000	shares
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	6691000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	27997000	usd
	lhi	Change In Right Of Use Assets For New Modified Or Terminated Operating Leases ChangeInRightOfUseAssetsForNewModifiedOrTerminatedOperatingLeases	338000	usd
	lhi	Change In Right Of Use Assets For New Modified Or Terminated Operating Leases ChangeInRightOfUseAssetsForNewModifiedOrTerminatedOperatingLeases	3660000	usd
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001721386-23-000018-index-headers.html	Edgar Link	pending
0001721386-23-000018-index.html	Edgar Link	pending
0001721386-23-000018.txt	Edgar Link	pending
0001721386-23-000018-xbrl.zip	Edgar Link	pending
exhibit311-certificationx2.htm	Edgar Link	pending
exhibit312-certificationx2.htm	Edgar Link	pending
exhibit321-certificationx2.htm	Edgar Link	pending
exhibit322-certificationx2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
lhi-20230630.htm	Edgar Link	pending
lhi-20230630.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
lhi-20230630_cal.xml	Edgar Link	unprocessable
lhi-20230630_def.xml	Edgar Link	unprocessable
lhi-20230630_lab.xml	Edgar Link	unprocessable
lhi-20230630_pre.xml	Edgar Link	unprocessable
lhi-20230630_htm.xml	Edgar Link	completed
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
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R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
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R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
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R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$LSEA
Landsea Homes Corp Stock $lsea

2023 Q3 Form 10-Q Financial Statement

#000172138623000018 Filed on August 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LSEA Landsea Homes Corp Stock $lsea

2023 Q3 Form 10-Q Financial Statement

#000172138623000018 Filed on August 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LSEA
Landsea Homes Corp Stock $lsea