Inventory (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Schedule of Real Estate Inventory

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

	September 30, 2019		December 31, 2018
Homes completed or under construction	$	321,058	$	268,763
Land and lots - developed and under development	418,700		399,809
Land held for sale	1,041		389
Total inventory	$	740,799	$	668,961

Summary of Real Estate Inventory Capitalized Interest Costs

A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Interest capitalized at beginning of period	$	17,199		$	12,143		$	14,780		$	10,474
Interest incurred	3,052			2,479			9,066			6,113
Interest charged to cost of revenues	(2,324		)	(1,114		)	(5,919		)	(3,079		)
Interest capitalized at end of period	$	17,927		$	13,508		$	17,927		$	13,508