ACCRUED EXPENSES AND OTHER LIABILITIES - (Tables)

9 Months Ended

Sep. 30, 2019

Payables and Accruals [Abstract]

Summary of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following (in thousands):

	As of September 30, 2019		As of December 31, 2018
Real estate development costs to complete	$	16,328	$	16,591
Compensation and employee benefits	66,629		73,955
Self-insurance and warranty reserves	74,259		93,790
Interest payable	26,103		21,385
Property and sales taxes payable	18,941		14,861
Other accruals	50,427		46,104
Total accrued expenses and other liabilities	$	252,687	$	266,686

Summary of Changes in Reserves

A summary of the changes in our reserves are as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Reserve - beginning of period	$	81,111		$	53,011		$	93,790		$	51,010
Additions to reserves	10,114			9,438			18,809			24,763
Costs and claims incurred	(18,107		)	(9,592		)	(43,815		)	(22,525		)
Change in estimates to existing reserves	1,141			551			5,475			160
Reserve - end of period	$	74,259		$	53,408		$	74,259		$	53,408