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 official record: Century Communities’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Century Communities's abandonment of lot option contracts?
- Century Communities (CCS) reported abandonment of lot option contracts of $954K in Q1 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 36.7% year-over-year, from $1.51M to $954K.
- 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?
- Costs incurred when the company decides to forfeit or abandon options to purchase land for future development. This metric highlights the company's risk management in land acquisition and its ability to pivot away from unfavorable development projects.