Land and Other Inventories (Tables)

12 Months Ended

Dec. 31, 2015

Land and Other Inventories [Abstract]

Land and Other Inventories

Land and other inventories consist of the following (in thousands):

	December 31,
	2015		2014
Land held for future development	$	21,403	$	20,844
Land developed and in process of development	348,648		269,764
Homes completed or under construction	212,480		92,576
Total	$	582,531	$	383,184

Interest incurred, capitialized and expensed

The following table represents interest incurred, interest capitalized, and interest expense for 2015, 2014 and 2013 (in thousands):

	For the Year Ended
	2015			2014			2013
Interest incurred	$	28,207		$	18,107		$	9,296
Interest capitalized	(19,168		)	(12,302		)	(6,466		)
Interest expense	$	9,039		$	5,805		$	2,830