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LGI Homes LGIH Lots under land options and land purchase contracts
Lots under land options and land purchase contracts at other companies
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Where this comes from
Reported directly by LGI Homes in its filing.
Tagged under the XBRL concept lgih:LotsUnderPurchaseOptionsRecorded.
The source filing: LGI Homes’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:30 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001580670-26-000048
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Land deposits and option payments (1) | $16,904 | $19,187 |
| Commitments under the land purchase option and deposit contracts if the purchases are consummated (1) | $246,553 | $285,654 |
| Lots under land options and land purchase contracts (1) | 7,822 | 8,952 |
Item 1. LGI Homes, Inc. Consolidated Financial Statements (Unaudited)
FAQ
- What is LGI Homes's lots under land options and land purchase contracts?
- LGI Homes (LGIH) reported lots under land options and land purchase contracts of 7.8K in Q1 2026.
- How has LGI Homes's lots under land options and land purchase contracts changed year-over-year?
- LGI Homes's lots under land options and land purchase contracts decreased by 44.3% year-over-year, from 14K to 7.8K.
- What is the long-term trend for LGI Homes's lots under land options and land purchase contracts?
- Over 5 years (2020 to 2025), LGI Homes's lots under land options and land purchase contracts has grown at a -19.3% compound annual growth rate (CAGR), from 26.2K to 9K.
- What does lots under land options and land purchase contracts mean?
- This represents the total count of individual residential lots controlled by the company through land purchase options or contracts. It serves as a primary operational metric for homebuilders to measure their future development capacity and inventory pipeline. A higher number of lots under option indicates a robust pipeline for future home construction and revenue generation.
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