Green Brick Partners, Inc. GRBK Balance Sheet

Green brick partners, inc. (GRBK)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Cash and cash equivalents
-	-	35,123	34,383	23,873	38,315	33,116	37,069	34,445	36,684	-	-	-	35,157	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
6,771	4,416	6,109	4,469	2,741	3,440	11,898	4,132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
770,628	753,567	740,799	719,878	690,817	668,961	648,241	581,368	528,499	496,054	478,369	434,590	406,199	410,297	415,242	381,958	376,050	344,132	318,027	300,972	289,259	275,141	-	-	-	228,777	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
31,202	30,294	24,444	23,139	21,843	20,269	20,806	19,490	17,653	16,878	15,771	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease, Right-of-Use Asset
2,887	3,462	3,731	3,727	3,877	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in direct financing leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,768	-	-	-	8,349	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	0	38	-	7,237	12,597	15,546	-	13,939	14,925	18,331	13,591	18,010	25,516	27,802
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	174	248	84	-	829	799	954	126	900	1,690	1,925	2,148	3,012	1,250	1,561
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,192	11,742	12,040	-	12,917	17,293	18,909	26,188	22,569	23,220	23,689
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	32	82	-	1,958	1,947	3,074	3,074	-	-	-	312	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,498	450	-	-	34	22	23	0	3,500	3,852	119	109	4,499	126	3,330
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,779	8,784	10,295	-	38,540	38,339	41,252	11,754	42,098	46,973	50,971	57,487	57,754	58,144	63,810
Property and equipment, net
4,743	4,309	4,192	4,261	4,464	4,690	4,201	3,454	2,108	804	681	720	805	892	946	846	753	802	1,922	1,788	1,776	791	51	57	64	865	191,154	197,293	203,299	106	216,073	222,865	229,698	235,888	241,939	247,512	260,078
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,556	-	-	-	-	-	-	-	-	-	-	-
Earnest money deposits
18,876	14,686	15,933	12,911	13,474	16,793	17,890	25,451	23,374	18,393	25,389	21,317	18,767	18,143	14,137	14,882	14,852	17,845	16,641	8,941	8,535	6,676	-	-	-	3,292	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax assets, net
15,262	15,262	15,793	15,943	17,454	16,499	20,091	22,891	27,780	31,211	55,827	60,574	64,251	67,598	72,186	75,579	79,234	80,663	83,446	85,203	87,196	89,197	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
686	707	728	750	765	856	1,041	275	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
680	680	680	680	680	680	680	1,725	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
11,564	10,167	8,747	7,811	10,258	8,681	8,993	2,989	3,382	5,769	3,575	2,970	2,743	2,004	4,953	4,778	5,101	3,345	2,666	3,274	2,075	2,027	-	-	-	1,058	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,001	1,244	1,490	-	1,990	2,245	2,502	2,763	3,026	3,292	4,979
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,775	2,775	2,983	2,195	3,008	3,008	3,448	3,448	2,798	2,798	2,844
Total non-current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51	57	64	-	-	-	-	2,301	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	-	-	-	-	236,368	-	-	-	-	-	-	-
Total assets
975,180	875,539	865,789	832,961	793,020	784,026	771,016	705,049	643,192	611,003	606,508	554,323	533,465	540,984	554,114	505,886	505,528	473,876	440,130	418,128	409,023	400,325	8,830	8,841	10,383	268,408	233,470	239,651	249,024	250,423	263,169	275,091	286,619	299,586	305,517	311,746	331,711
LIABILITIES AND EQUITY
Accounts payable
31,332	30,044	34,690	25,422	21,640	26,091	34,998	19,501	20,226	22,354	16,221	16,335	13,109	15,113	35,744	16,745	16,815	13,530	14,303	14,604	11,329	13,551	-	-	-	8,653	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
31,492	24,656	31,178	27,783	31,914	29,201	23,645	21,128	16,286	18,465	16,555	14,428	14,923	14,290	11,189	9,121	7,241	5,719	7,807	12,108	12,383	11,299	-	-	-	6,360	-	-	-	-	-	-	-	-	-	-	-
Customer and builder deposits
-	-	27,122	31,578	30,335	31,978	33,814	33,988	22,698	21,447	22,756	19,292	17,067	14,088	15,318	10,122	9,071	6,938	8,393	10,209	10,007	9,752	-	-	-	10,773	-	-	-	-	-	-	-	-	-	-	-
Operating Lease, Liability
2,986	3,564	3,837	3,751	3,996	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Obligations related to land not owned under option contracts
-	-	-	-	-	-	-	-	-	-	7,527	8,604	9,114	10,060	11,951	14,739	17,595	18,176	20,169	6,486	7,441	7,914	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Borrowings on lines of credit, net
242,758	164,642	164,792	232,657	206,522	200,386	198,965	166,395	135,000	105,773	95,000	74,000	62,500	75,000	81,500	63,500	67,500	47,500	13,960	20,500	19,500	14,061	-	-	-	17,208	-	-	-	-	-	-	-	-	-	-	-
Senior Notes
73,466	73,406	73,358	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract with Customer, Liability
22,585	23,954	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable
-	-	-	-	-	-	1,045	1,205	9,914	9,926	10,204	10,213	10,223	10,948	9,713	9,000	9,988	10,158	11,458	11,822	10,750	12,151	-	-	-	26,595	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration
5,300	5,267	2,110	618	2,661	2,207	514	628	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Term loan facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	150,000	150,000	150,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Long-term debt, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,653	2,735	2,766	6	2,708	160,631	163,784	166,937	170,089	173,280	215,479
Total non-current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	-	-	-	-	-	-
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	195,144	-	-	-	-	-	-	-
Tax increment financing, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,968	3,968	4,275	-	4,573	4,573	4,867	4,867	5,062	5,062	5,245
Other non-current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,943	3,003	3,006	-	3,138	3,146	3,212	3,388	3,644	4,277	4,327
Total liabilities
409,886	325,533	337,087	321,809	297,068	289,863	292,981	242,845	204,124	177,965	168,263	142,872	126,936	139,499	165,415	123,227	128,210	102,021	76,090	225,729	221,410	218,728	-	1,406	135	69,589	193,014	194,207	198,983	195,313	196,943	197,906	197,363	199,644	210,437	219,598	277,289
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	47	33	-	4,487	7,499	13,785	27	13,085	14,839	11,261	9,380	16,053	22,123	16,487
Current portion of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,642	170,637	170,635	4	170,531	12,649	12,662	12,710	12,761	12,810	33,031
Current portion of tax increment financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	415	415	399	-	385	385	370	370	357	357	343
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,050	1,359	102	-	7,906	5,950	4,117	132	2,523	1,683	1,207	1,992	2,471	1,689	2,377
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,076	1,406	135	-	183,450	184,501	188,936	163	186,524	29,556	25,500	24,452	31,642	36,979	52,238
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Redeemable noncontrolling interest in equity of consolidated subsidiary
11,412	13,611	12,209	12,509	10,295	8,531	7,841	6,672	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity:
Green Brick Partners, Inc. stockholders’ equity
Preferred stock, $0.01 par value: 5,000,000 shares authorized; none issued and outstanding
0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 par value: 100,000,000 shares authorized; 51,008,861 and 50,879,949 issued and 50,616,922 and 50,488,010 outstanding as of March 31, 2020 and December 31, 2019, respectively
510	509	509	509	508	507	507	507	507	506	506	491	491	490	489	489	488	488	488	313	313	313	54	54	54	111	54	54	54	54	54	53	1,035	53	1,032	1,032	262
Treasury Stock, Common, Value
-	-	3,167	1,369	1,041	981	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in capital
294,695	290,799	291,111	289,739	291,271	291,299	291,007	290,842	290,773	-	289,610	274,634	274,475	273,149	272,846	272,703	272,112	271,867	271,752	101,822	101,709	101,626	191,056	191,056	191,197	155,985	190,145	190,003	189,863	189,604	189,233	188,638	187,264	187,841	186,360	185,976	138,713
Additional Paid in Capital
-	-	-	-	-	291,299	-	-	-	289,938	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
250,944	235,027	220,262	204,591	190,131	177,526	164,172	151,975	137,106	125,903	134,098	124,819	117,130	110,933	103,257	97,014	90,271	87,177	80,551	77,725	73,937	69,919	-172,393	-171,789	-169,039	33,014	-142,341	-137,879	-133,755	-129,120	-119,097	-109,267	-98,685	-89,277	-93,070	-95,263	-80,560
Total Green Brick Partners, Inc. stockholders’ equity
542,982	523,168	508,715	493,470	480,869	468,351	455,686	443,324	428,386	416,347	424,214	399,944	392,096	384,572	376,592	370,206	362,871	359,532	352,791	179,860	175,959	171,858	14,409	15,013	17,904	189,110	43,550	47,870	51,854	56,230	65,882	75,117	85,484	94,310	90,195	87,618	54,170
Noncontrolling interests
10,900	13,227	7,778	5,173	4,788	17,281	14,508	12,208	10,682	16,691	14,031	11,507	14,433	16,913	12,107	12,453	14,447	12,323	11,249	12,539	11,654	9,739	-7,655	-7,578	-7,656	9,709	-3,094	-2,426	-1,813	-1,120	344	2,068	3,772	5,632	4,885	4,530	252
Total equity
553,882	536,395	516,493	498,643	485,657	485,632	470,194	455,532	439,068	433,038	438,245	411,451	406,529	401,485	388,699	382,659	377,318	371,855	364,040	192,399	187,613	181,597	6,754	7,435	10,248	198,819	40,456	45,444	50,041	55,110	66,226	77,185	89,256	99,942	95,080	92,148	54,422
Total liabilities and equity
975,180	875,539	865,789	832,961	793,020	784,026	771,016	705,049	643,192	611,003	606,508	554,323	533,465	540,984	554,114	505,886	505,528	473,876	440,130	418,128	409,023	400,325	8,830	8,841	10,383	268,408	233,470	239,651	249,024	250,423	263,169	275,091	286,619	299,586	305,517	311,746	331,711
Cash and Cash Equivalents, at Carrying Value
105,860	33,269	-	-	-	-	-	-	-	-	20,720	27,297	32,332	-	19,754	24,113	24,457	21,207	14,405	15,171	17,068	21,267	7,081	8,054	10,091	16,683	17,290	11,232	9,615	8,554	10,842	9,213	11,687	15,139	9,664	8,032	7,428
Restricted cash
-	-	-	-	-	-	-	-	4,403	3,605	4,368	4,474	5,500	4,445	24,829	1,544	955	2,568	2,297	1,969	2,189	1,709	-	-	-	1,383	-	-	-	-	-	-	-	-	-	-	-
Accounts Receivable, after Allowance for Credit Loss
6,021	4,720	9,510	5,009	2,774	4,842	4,059	6,205	1,548	1,605	1,808	2,381	2,868	2,448	2,067	2,186	4,126	3,314	726	810	925	749	-	-	-	445	-	-	-	-	-	-	-	-	-	-	-
Treasury Stock, Value
3,167	3,167	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	4,316	4,316	4,316	-	4,316	4,316	4,316	4,316	4,316	4,316	4,316	4,316	-4,316	-4,316	4,316