LGI Homes LGIH Land Under Purchase Options Recorded
Land Under Purchase Options Recorded at other companies
Other financials
Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept us-gaap:LandUnderPurchaseOptionsRecorded.
The official record: LGI Homes’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is LGI Homes's land under purchase options recorded?
- LGI Homes (LGIH) reported land under purchase options recorded of $16.9M in Q1 2026.
- How has LGI Homes's land under purchase options recorded changed year-over-year?
- LGI Homes's land under purchase options recorded decreased by 32.2% year-over-year, from $24.93M to $16.9M.
- What is the long-term trend for LGI Homes's land under purchase options recorded?
- Over 5 years (2020 to 2025), LGI Homes's land under purchase options recorded has grown at a -10.9% compound annual growth rate (CAGR), from $34.1M to $19.19M.
- What does land under purchase options recorded mean?
- This represents the total dollar value of land parcels that the company has the right, but not the obligation, to purchase under existing option agreements. By utilizing land options, the company can control future development sites while minimizing upfront capital expenditure and reducing exposure to market downturns. It is a key indicator of the company's future growth pipeline and land acquisition strategy.