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Inventory (Tables) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Inventory [Line Items]        
Impairment of Tangible Assets, Other Descriptors $ 6,000      
Inventory Disclosure [Text Block] INVENTORY
A summary of inventory is as follows (in thousands):
December 31, 2022December 31, 2021
Homes completed or under construction$603,953 $544,258 
Land and lots - developed and under development768,194 620,129 
Land held for future development(1)
48,369 — 
Land held for sale2,164 39,356 
Total inventory$1,422,680 $1,203,743 
(1)Land held for future development consists of raw land parcels where development activities have been postponed due to market conditions or other factors. All applicable carrying costs, including property taxes, are expensed as incurred.

A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
Years Ended December 31,
202220212020
Interest capitalized at beginning of period$19,950 $17,520 $18,596 
Interest incurred16,454 13,340 9,823 
Interest charged to cost of revenues(13,652)(10,910)(10,899)
Interest capitalized at end of period$22,752 $19,950 $17,520 
Capitalized interest as a percentage of inventory1.6 %1.7 %

As of December 31, 2022, the Company reviewed its inventory for indicators of potential impairment and performed a detailed impairment analysis where such indicators were present. Based on this analysis, the Company recorded a $6.0 million impairment charge to reduce the carrying value of certain land held for future development to fair value. This impairment charge was included in cost of residential units in our consolidated statements of income.
For the year ended December 31, 2021, the Company did not record an impairment adjustment. For the year ended December 31, 2020, the Company recorded a de minimis impairment adjustment to reduce the carrying value of impaired communities to fair value. 		     
Finished Homes and Homes under Construction $ 603,953 $ 544,258    
Inventory, Real Estate, Land and Land Development Costs 768,194 620,129    
Inventory, Land Held-for-sale 2,164 39,356    
Inventory, Real Estate $ 1,422,680 1,203,743    
Schedule of Inventory, Current [Table Text Block] A summary of inventory is as follows (in thousands):
December 31, 2022December 31, 2021
Homes completed or under construction$603,953 $544,258 
Land and lots - developed and under development768,194 620,129 
Land held for future development(1)
48,369 — 
Land held for sale2,164 39,356 
Total inventory$1,422,680 $1,203,743 
      
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,
202220212020
Interest capitalized at beginning of period$19,950 $17,520 $18,596 
Interest incurred16,454 13,340 9,823 
Interest charged to cost of revenues(13,652)(10,910)(10,899)
Interest capitalized at end of period$22,752 $19,950 $17,520 
Capitalized interest as a percentage of inventory1.6 %1.7 %
      
Real Estate Inventory, Capitalized Interest Costs $ 22,752 19,950 $ 17,520 $ 18,596
Real Estate Inventory, Capitalized Interest Costs Incurred 16,454 13,340 9,823  
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales $ 13,652 $ 10,910 $ 10,899