Land and Other Inventories (Tables)

6 Months Ended

Jun. 30, 2014

Land and Other Inventories [Abstract]

Land and Other Inventories

Land and Other Inventories consist of the following:

	June 30, 2014		December 31, 2013
Active Adult
Land developed and in process of development	$	65,372	$	57,138
Land held for future development or sale	33,120		58,423
Homes completed or under construction	47,953		25,478
Total Active Adult	146,445		141,039
Primary Residential
Land developed and in process of development	135,668		77,983
Homes completed or under construction	46,676		11,013
Total Primary Residential	182,344		88,996
Land developed and in process of development-Other	9,225		10,043
	$	338,014	$	240,078

Interest incurred, capitialized and expensed

The following table represents interest incurred, interest capitalized, and interest expense for the three and six months ended June 30, 2014 and 2013:

	Three Months						Six Months
	2014			2013			2014			2013
Interest incurred	$	2,356		$	2,326		$	4,687		$	4,650
Interest capitalized	(2,356		)	(563		)	(4,576		)	(1,114		)
Interest expense	$	—		$	1,763		$	111		$	3,536