Inventory Inventory (Tables)

3 Months Ended

Mar. 31, 2015

Inventory Disclosure [Abstract]

Schedule of Real Estate Inventory [Table Text Block]

A summary of inventory is as follows (in thousands):

	March 31, 2015		December 31, 2014
Completed home inventory and residential lots held for sale	$	55,585	$	47,048
Work in process	210,647		203,756
Undeveloped land	16,220		16,220
Land not owned under option agreements	6,807		7,279
Total Inventory	$	289,259	$	274,303

Summary of Real Estate Inventory Capitalized Interest Costs [Table Text Block]

Interest costs incurred, capitalized and expensed were as follows (in thousands):

	Three Months Ended March 31,
	2015			2014
Interest capitalized at beginning of period	$	3,713		$	1,065
Interest incurred	3,800			304
Interest charged to cost of sales	(14		)	(105		)
Interest charged to interest expense	(281		)	(199		)
Interest capitalized at end of period	$	7,218		$	1,065