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Inventory (Tables) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Inventory [Line Items]        
Inventory Disclosure [Text Block]
INVENTORY

A summary of inventory is as follows (in thousands):
 
December 31, 2018
 
December 31, 2017
Homes completed or under construction
$
268,763

 
$
170,071

Land and lots - developed and under development
399,809

 
322,153

Land held for sale
389

 
3,830

Total inventory
$
668,961

 
$
496,054



A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
 
Years Ended December 31,
 
2018
 
2017
 
2016
Interest capitalized at beginning of year
$
10,474

 
$
9,417

 
$
9,085

Interest incurred
9,003

 
4,456

 
3,218

Interest charged to cost of revenues
(4,697
)
 
(3,399
)
 
(2,886
)
Interest capitalized at end of year
$
14,780

 
$
10,474

 
$
9,417



For the years ended December 31, 2018 and 2017, the Company recorded impairment of $0.1 million and $0.1 million, respectively, related to real estate inventory in our builder operations segments. The recorded impairment is included in cost of residential units in our consolidated statements of income. The Company did not note any indicators of impairment for any projects, and no impairment adjustments related to real estate inventory were recorded for the year ended December 31, 2016.
     
Finished Homes and Homes under Construction $ 268,763 $ 170,071    
Inventory, Real Estate, Land and Land Development Costs 399,809 322,153    
Inventory, Land Held-for-sale 389 3,830    
Inventory, Real Estate $ 668,961 496,054 $ 410,297  
Schedule of Inventory, Current [Table Text Block]
A summary of inventory is as follows (in thousands):
 
December 31, 2018
 
December 31, 2017
Homes completed or under construction
$
268,763

 
$
170,071

Land and lots - developed and under development
399,809

 
322,153

Land held for sale
389

 
3,830

Total inventory
$
668,961

 
$
496,054

     
Real Estate Inventory, Capitalized Interest Costs [Roll Forward]
A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
 
Years Ended December 31,
 
2018
 
2017
 
2016
Interest capitalized at beginning of year
$
10,474

 
$
9,417

 
$
9,085

Interest incurred
9,003

 
4,456

 
3,218

Interest charged to cost of revenues
(4,697
)
 
(3,399
)
 
(2,886
)
Interest capitalized at end of year
$
14,780

 
$
10,474

 
$
9,417

     
Real Estate Inventory, Capitalized Interest Costs $ 14,780 10,474 9,417 $ 9,085
Real Estate Inventory, Capitalized Interest Costs Incurred 9,003 4,456 3,218  
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales $ 4,697 $ 3,399 $ 2,886