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Note 5 - Capitalized Interest - Summary of Interest Incurred, Capitalized, and Expensed (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest incurred $ 23,936 $ 28,819 $ 28,377
Interest capitalized to inventory (20,281) (28,819) (27,393)
Interest capitalized to investment in unconsolidated joint ventures 0 0 (984)
Interest expensed 3,655 0 0
Capitalized interest in beginning inventory 26,397 25,681 16,453
Interest capitalized as a cost of inventory 20,281 28,819 27,393
Capitalized interest transferred from investment in unconsolidated joint ventures to inventory upon lot acquisition 0 31 513
Previously capitalized interest included in cost of home and land sales (23,864) (28,134) (18,678)
Previously capitalized interest included in project abandonment costs (761) 0 0
Capitalized interest in ending inventory 22,053 26,397 25,681
Capitalized interest in beginning investment in unconsolidated joint ventures 541 713 1,472
Interest capitalized to investment in unconsolidated joint ventures 0 0 984
Capitalized interest transferred from investment in unconsolidated joint ventures to inventory upon lot acquisition 0 (31) (513)
Previously capitalized interest included in equity in net loss of unconsolidated joint ventures (541) (141) (1,230)
Capitalized interest in ending investment in unconsolidated joint ventures 0 541 713
Total capitalized interest in ending inventory and investments in unconsolidated joint ventures $ 22,053 $ 26,938 $ 26,394
Capitalized interest as a percentage of inventory 7.00% 6.10% 4.50%
Interest included in cost of home sales as a percentage of home sales revenue 5.60% 4.90% 3.70%
Capitalized interest as a percentage of investment in and advances to unconsolidated joint ventures 0.00% 1.80% 2.10%