Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
Jun. 30, 2023 |
Dec. 31, 2022 |
| ASSETS |
|
|
| INVENTORIES |
$ 2,254,935
|
$ 2,239,125
|
| INVESTMENT IN UNCONSOLIDATED ENTITIES |
302,337
|
331,594
|
| PROPERTIES AND EQUIPMENT, NET |
29,668
|
30,243
|
| INTANGIBLE ASSET, NET—RELATED PARTY |
31,656
|
40,257
|
| CASH AND CASH EQUIVALENTS |
193,203
|
131,771
|
| RESTRICTED CASH AND CERTIFICATES OF DEPOSIT |
992
|
992
|
| TOTAL |
2,913,903
|
2,885,784
|
| LIABILITIES: |
|
|
| Notes payable, net |
621,419
|
620,651
|
| Accounts payable and other liabilities |
90,760
|
94,426
|
| Related party liabilities |
83,684
|
93,086
|
| Deferred income tax liability, net |
11,506
|
11,506
|
| Payable pursuant to tax receivable agreement |
173,208
|
173,068
|
| Total liabilities |
980,577
|
992,737
|
| COMMITMENTS AND CONTINGENT LIABILITIES (Note 11) |
|
|
| REDEEMABLE NONCONTROLLING INTEREST |
25,000
|
25,000
|
| CAPITAL: |
|
|
| Contributed capital |
589,634
|
587,733
|
| Retained earnings |
52,421
|
33,386
|
| Accumulated other comprehensive loss |
(2,939)
|
(2,988)
|
| Total members’ capital |
639,116
|
618,131
|
| Noncontrolling interests |
1,269,210
|
1,249,916
|
| Total capital |
1,908,326
|
1,868,047
|
| TOTAL |
2,913,903
|
2,885,784
|
| Related Party |
|
|
| ASSETS |
|
|
| OTHER ASSETS |
89,933
|
97,126
|
| LIABILITIES: |
|
|
| Related party liabilities |
83,684
|
93,086
|
| Nonrelated Party |
|
|
| ASSETS |
|
|
| OTHER ASSETS |
$ 11,179
|
$ 14,676
|