Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2015

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2015 and December 31, 2014 is as follows:

(In thousands)	March 31, 2015		December 31, 2014
Single-family lots, land and land development costs	$	470,317	$	463,198
Land held for sale	4,374		10,647
Homes under construction	403,965		371,119
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2015 - $7,318;    December 31, 2014 - $7,010)	55,341		46,780
Community development district infrastructure	2,314		2,571
Land purchase deposits	22,194		23,495
Consolidated inventory not owned	565		779
Total inventory	$	959,070	$	918,589

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

 The summary of capitalized interest for the three months ended March 31, 2015 and 2014 is as follows:

	Three Months Ended March 31,
(In thousands)	2015			2014
Capitalized interest, beginning of period	$	15,296		$	13,802
Interest capitalized to inventory	3,785			3,250
Capitalized interest charged to land and housing costs and expenses	(3,539		)	(3,108		)
Capitalized interest, end of period	$	15,542		$	13,944
Interest incurred	$	8,247		$	7,420