Inventory (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Schedule of Real Estate Inventory

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

	March 31, 2020		December 31, 2019
Homes completed or under construction	$	344,961	$	314,966
Land and lots - developed and under development	421,471		437,553
Land held for sale	4,196		1,048
Total inventory	$	770,628	$	753,567

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 March 31,
	2020		2019
Interest capitalized at beginning of period	$	18,596	$	14,780
Interest incurred	2,959		2,886
Interest charged to cost of revenues	(2,679)		(1,140)
Interest capitalized at end of period	$	18,876	$	16,526