Note 8 - Capitalization of Interest (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Capitalization of Interest [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(Dollars in thousands)
Homebuilding interest incurred	$	15,980		$	15,639		$	32,011		$	31,264
Less: Interest capitalized		(15,980	)		(15,639	)		(32,011	)		(31,264	)
Homebuilding interest expensed	$	-		$	-		$	-		$	-
Interest capitalized, beginning of period	$	56,947		$	58,738		$	54,845		$	57,541
Plus: Interest capitalized during period		15,980			15,639			32,011			31,264
Less: Previously capitalized interest included in home and land cost of sales		(14,734	)		(16,150	)		(28,663	)		(30,578	)
Interest capitalized, end of period	$	58,193		$	58,227		$	58,193		$	58,227