Inventories (Tables)

6 Months Ended

Jun. 30, 2022

Inventory Disclosure [Abstract]

Capitalized Inventory

Interest is capitalized and included within each inventory category above. Capitalized interest activity is summarized in the table below for the three and six months ended June 30, 2022 and 2021 (in thousands):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Capitalized interest at the beginning of the period	$	49,392	$	18,842	$	33,266	$	21,091
Interest incurred	25,447		7,329		50,433		13,997
Interest expensed	(13)		(16)		(26)		(658)
Interest charged to homebuilding cost of sales	(12,790)		(7,365)		(21,637)		(15,640)
Capitalized interest at the end of the period	$	62,036	$	18,791	$	62,036	$	18,791