Dream Finders Homes Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
DFH$12.86+3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
(In thousands, except share amounts)
| Redeemable PreferredUnits/StockMezzanine · Redeemable CommonUnitsMezzanine · Common UnitsMembers’ · Common Stock - Class A · Common Stock - Class B · Additional Paid-in Capital · Retained Earnings · TotalNon-ControllingInterests · Total Equity | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Units · Amount · Units · Amount · Units · Amount · Shares · Amount · Shares · Amount | |||||||||||||||||||
| Balance as of December 31, 2020 | 48,543 | $55,638 | 7,010 | $20,593 | 76,655 | $103,853 | — | $— | — | $— | $— | $— | $31,939 | $212,023 | |||||
| Reorganization transactions | (15,400) | (19,958) | (7,010) | (19,227) | (76,655) | (84,473) | 21,255,329 | 213 | 60,226,153 | 602 | 122,843 | — | — | — | |||||
| Issuance of common stock, net | — | — | — | — | — | — | 11,040,000 | 110 | — | — | 129,887 | — | — | 129,997 | |||||
| Issuance of convertible preferred stock | 150,000 | 148,124 | — | — | — | — | — | — | — | — | — | — | — | 148,124 | |||||
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | 5,233 | — | — | 5,233 | |||||
| Contributions | — | — | — | — | — | — | — | — | — | — | — | — | 2,000 | 2,000 | |||||
| Redemptions | (26,000) | (25,530) | — | — | — | — | — | — | — | — | — | — | — | (25,530) | |||||
| Distributions | — | (3,617) | — | (1,275) | — | (18,384) | — | — | — | — | — | (13) | (23,319) | (46,608) | |||||
| Preferred stock dividends declared | — | — | — | — | — | — | — | — | — | — | — | (3,450) | — | (3,450) | |||||
| Net income and comprehensive income | — | 563 | — | (91) | — | (996) | — | — | — | — | — | 121,657 | 13,461 | 134,594 | |||||
| Balance as of December 31, 2021 | 157,143 | $155,220 | — | $— | — | $— | 32,295,329 | $323 | 60,226,153 | $602 | $257,963 | $118,194 | $24,081 | $556,383 | |||||
| Stock-based compensation | — | — | — | — | — | — | 238,554 | 2 | — | — | 6,794 | — | — | 6,796 | |||||
| Distributions | — | — | — | — | — | — | — | — | — | — | — | — | (23,095) | (23,095) | |||||
| Preferred stock dividends declared | — | — | — | — | — | — | — | — | — | — | — | (13,688) | — | (13,688) | |||||
| Net income and comprehensive income | — | 825 | — | — | — | — | — | — | — | — | — | 261,488 | 11,984 | 274,297 | |||||
| Balance as of December 31, 2022 | 157,143 | $156,045 | — | $— | — | $— | 32,533,883 | $325 | 60,226,153 | $602 | $264,757 | $365,994 | $12,970 | $800,693 | |||||
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | 14,098 | — | — | 14,098 | |||||
| Vesting of stock-based compensation | — | — | — | — | — | — | 371,841 | 4 | — | — | (4) | — | — | — | |||||
| Withholding of common stock for taxes | — | — | — | — | — | — | (23,600) | — | — | — | (322) | — | — | (322) | |||||
| Distributions | — | — | — | — | — | — | — | — | — | — | — | — | (11,946) | (11,946) | |||||
| Redemption of Series B preferred units | (7,143) | (8,132) | — | — | — | — | — | — | — | — | (3,288) | 343 | — | (11,077) | |||||
| Preferred stock dividends declared | — | — | — | — | — | — | — | — | — | — | — | (13,238) | — | (13,238) | |||||
| Net income and comprehensive income | — | 587 | — | — | — | — | — | — | — | — | — | 295,313 | 12,042 | 307,942 | |||||
| Balance as of December 31, 2023 | 150,000 | $148,500 | — | $— | — | $— | 32,882,124 | $329 | 60,226,153 | $602 | $275,241 | $648,412 | $13,066 | $1,086,150 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.