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Real Estate Inventories

6 Months Ended

Jun. 30, 2016

Real estate inventories consist of the following (in thousands):



	June 30, 2016		December 31, 2015
Real estate inventories:
Land deposits	$	65,004	$	61,514
Land and land under development	1,034,731		1,013,650
Homes completed and under construction	616,889		495,966
Model homes	112,223		103,976
Total	$	1,828,847	$	1,675,106