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Inventory
 9 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
Inventory Inventory
The following is a summary of inventory as of the dates presented:
September 30, 2020December 31, 2019
Homes for sale$12,089 $36,982 
Homes not available for sale907 3,163 
Homes under improvement11,997 34,445 
Total Inventory$24,993 $74,590 

Inventory costs include direct home purchase costs and any capitalized improvements, net of lower of cost or net realizable value write-downs applied on a specific home basis. As of September 30, 2020 and December 31, 2019, lower of cost or net realizable value write-downs were $56 and $143, respectively. During the nine months ended September 30, 2020 and 2019, we directly purchased $101,759 and $207,011 of homes and sold $149,676 and $125,965 in cost basis of homes, respectively.