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Century Communities CCS Abandonment Of Lot Option Contracts
Abandonment Of Lot Option Contracts at other companies
Other financials
Where this comes from
Reported directly by Century Communities in its filing.
Tagged under the XBRL concept ccs:AbandonmentOfLotOptionContracts.
The source filing: Century Communities’s 10-Q, filed July 23, 2026.
- Filed
- Jul 22, 2026, 8:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001576940-26-000057
| Line item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Stock-based compensation expense | 7,180 | 8,233 |
| Fair value adjustments of mortgage-related assets and liabilities | (2,972) | 782 |
| Inventory impairment | — | 7,771 |
| Abandonment of lot option contracts | 2,079 | 4,148 |
| Deferred income taxes | 1,859 | 905 |
| Other | (2,833) | (36) |
| Changes in assets and liabilities: | ||
| Cash held in escrow | 8,862 | (31,345) |
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- What is Century Communities's abandonment of lot option contracts?
- Century Communities (CCS) reported abandonment of lot option contracts of $1.13M in Q2 2026.
- How has Century Communities's abandonment of lot option contracts changed year-over-year?
- Century Communities's abandonment of lot option contracts decreased by 57.4% year-over-year, from $2.64M to $1.13M.
- What is the long-term trend for Century Communities's abandonment of lot option contracts?
- Over 4 years (2021 to 2025), Century Communities's abandonment of lot option contracts has grown at a 39.6% compound annual growth rate (CAGR), from $2.94M to $11.16M.
- What does abandonment of lot option contracts mean?
- Captures the financial impact of forfeiting deposits or costs associated with land option contracts that the company has decided not to pursue. This serves as a key indicator of management's land acquisition discipline and shifting market demand for residential development sites.
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