Land and Other Inventories (Tables)

3 Months Ended

Mar. 31, 2014

Land and Other Inventories [Abstract]

Land and Other Inventories

Land and Other Inventories consist of the following:

	March 31, 2014		December 31, 2013
Active Adult
Land developed and in process of development	$	61,100	$	57,138
Land held for future development or sale	60,503		58,423
Homes completed or under construction	39,537		25,478
Total Active Adult	161,140		141,039
Primary Residential
Land developed and in process of development	103,628		77,983
Homes completed or under construction	60,301		11,013
Total Primary Residential	163,929		88,996
Land developed and in process of development-Other	9,774		10,043
	$	334,843	$	240,078

Interest incurred, capitialized and expensed

The following table represents interest incurred, interest capitalized, and interest expense for the three months ended March 31, 2014 and 2013:

	2014			2013
Interest incurred	$	2,331		$	2,324
Interest capitalized	(2,217		)	(551		)
Interest expense	$	114		$	1,773