Cover
Cover | 12 Months Ended |
Dec. 31, 2022 | |
Document Information [Line Items] | |
Document Type | DEF 14A |
Amendment Flag | false |
Entity Information [Line Items] | |
Entity Registrant Name | Green Brick Partners, Inc. |
Entity Central Index Key | 0001373670 |
Pay vs Performance Disclosure
Pay vs Performance Disclosure - USD ($) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Pay vs Performance Disclosure [Table] | |||
Pay vs Performance [Table Text Block] | Pay Versus Performance As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, pay-for-performance Year Summary Compensation Average Non-PEO NEOs Average Non-PEO Value of Initial Fixed $100 Net Income Home Total Peer Group (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 $5,960,838 $5,960,838 $1,538,111 $1,538,410 $211.06 $132.08 $313,997 $1,696,911 2021 $5,087,182 $5,087,182 $1,814,672 $1,814,672 $264.20 $187.73 $204,381 $1,305,620 2020 $3,483,687 $3,483,687 $1,416,339 $1,416,339 $200.00 $126.16 $117,797 $923,901 Column (b) Column (c) Year 2020 2021 2022 CEO Mr. Brickman Mr. Brickman Mr. Brickman SCT Total Compensation ($) $ 3,483,687 $ 5,087,182 $ 5,960,838 Less: Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date ($) $750,137 $1,225,000 $1,349,988 Plus: Fair Value of Stock Awards Granted and Vested in the Covered Year (on Vest Date) $750,137 $1,225,000 $1,349,988 Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End - - - Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) - - - Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) - - - Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) - - - Compensation Actually Paid ($) $3,483,687 $5,087,182 $5,960,838 45 Column (d) non-CEO Column (e) non-CEO non-CEO non-CEO 2022 Year 2020 2021 2022 Non-CEO See column (d) See column (d) See column (d) SCT Total Compensation ($) $1,416,339 $1,814,672 $1,538,111 Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) $425,000 $499,325 $524,336 Plus: Fair Value of Stock Awards Granted and Vested in the Covered Year (on Vest Date) $425,000 $499,325 $524,635 Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End - - $299 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) - - - Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) - - - Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) - - - Compensation Actually Paid ($) $1,416,339 $1,814,672 $1,538,410 Column (f) Column (g Column (h) 10-K Column (i) | ||
Company Selected Measure Name | Home Closings Revenue Growth | ||
Named Executive Officers, Footnote [Text Block] | for the 2020 and 2021 covered years: Richard A. Costello and Jed Dolson; and for the 2022 covered year: Richard A. Costello, Jed Dolson and Neal Suit. | ||
Peer Group Issuers, Footnote [Text Block] | For the relevant fiscal year, represents the cumulative TSR of the S&P Homebuilders Select Industry Index for the measurement periods ending on December 31 of each of 2022, 2021 and 2020, respectively. | ||
PEO Total Compensation Amount | $ 5,960,838 | $ 5,087,182 | $ 3,483,687 |
PEO Actually Paid Compensation Amount | $ 5,960,838 | 5,087,182 | 3,483,687 |
Adjustment To PEO Compensation, Footnote [Text Block] | CAP for our CEO in each of 2022, 2021 and 2020 reflects the respective amounts set forth in column (b), adjusted as set forth in the table below, as determined in accordance with SEC rules. The dollar amounts reflected in column (c) do not reflect the actual amount of compensation earned by or paid to our CEO during the applicable year. For information regarding decisions made by our Compensation Committee with respect to the CEO’s compensation for each fiscal year, please see the “Compensation Discussion and Analysis” section of this proxy statement and the proxy statement for the 2022 annual meeting of stockholders and the “Executive Compensation Information” section of the proxy statement for the 2021 annual meetings of stockholders. Year 2020 2021 2022 CEO Mr. Brickman Mr. Brickman Mr. Brickman SCT Total Compensation ($) $ 3,483,687 $ 5,087,182 $ 5,960,838 Less: Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date ($) $750,137 $1,225,000 $1,349,988 Plus: Fair Value of Stock Awards Granted and Vested in the Covered Year (on Vest Date) $750,137 $1,225,000 $1,349,988 Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End - - - Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) - - - Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) - - - Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) - - - Compensation Actually Paid ($) $3,483,687 $5,087,182 $5,960,838 | ||
Non-PEO NEO Average Total Compensation Amount | $ 1,538,111 | 1,814,672 | 1,416,339 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 1,538,410 | 1,814,672 | 1,416,339 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | Average CAP for our non-CEO non-CEO non-CEO 2022 Year 2020 2021 2022 Non-CEO See column (d) See column (d) See column (d) SCT Total Compensation ($) $1,416,339 $1,814,672 $1,538,111 Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) $425,000 $499,325 $524,336 Plus: Fair Value of Stock Awards Granted and Vested in the Covered Year (on Vest Date) $425,000 $499,325 $524,635 Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End - - $299 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) - - - Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) - - - Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) - - - Compensation Actually Paid ($) $1,416,339 $1,814,672 $1,538,410 | ||
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | |||
Compensation Actually Paid vs. Net Income [Text Block] | |||
Compensation Actually Paid vs. Company Selected Measure [Text Block] | |||
Total Shareholder Return Vs Peer Group [Text Block] | |||
Tabular List [Table Text Block] | Listed below are the financial and non-financial Measure Nature Explanation Pre-Tax Income Financial measure Metric of profitability before taxes that can vary due to factors outside of the control of the company. Home Closings Revenue Growth Financial measure Increase, period over period, in revenue from home closings. Homebuilding Gross Margin Financial measure Homebuilding gross margin is calculated as Home Closings Revenue minus Cost of Homebuilding units. Return on Assets Financial measure Return on assets is calculated by dividing net income by total assets. | ||
Total Shareholder Return Amount | $ 211.06 | 264.2 | 200 |
Peer Group Total Shareholder Return Amount | 132.08 | 187.73 | 126.16 |
Net Income (Loss) | $ 313,997,000 | $ 204,381,000 | $ 117,797,000 |
Company Selected Measure Amount | 1,696,911,000 | 1,305,620,000 | 923,901,000 |
PEO Name | James R. Brickman | ||
Measure [Axis]: 1 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Pre-Tax Net Income | ||
Measure [Axis]: 2 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Home Closings Revenue Growth | ||
Measure [Axis]: 3 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Homebuilding Gross Margin | ||
Measure [Axis]: 4 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Return on Assets | ||
PEO [Member] | Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ (1,349,988) | $ (1,225,000) | $ (750,137) |
PEO [Member] | Fair Value of Stock Awards Granted and Vested in the Covered Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 1,349,988 | 1,225,000 | 750,137 |
Non-PEO NEO [Member] | Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (524,336) | (499,325) | (425,000) |
Non-PEO NEO [Member] | Fair Value of Stock Awards Granted and Vested in the Covered Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 524,635 | $ 499,325 | $ 425,000 |
Non-PEO NEO [Member] | Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ 299 |