Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2015

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2015 and December 31, 2014 is as follows:

(In thousands)	June 30, 2015		December 31, 2014
Single-family lots, land and land development costs	$	486,895	$	463,198
Land held for sale	5,754		10,647
Homes under construction	444,855		371,119
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2015 - $7,082;    December 31, 2014 - $7,010)	64,206		46,780
Community development district infrastructure	1,496		2,571
Land purchase deposits	23,273		23,495
Consolidated inventory not owned	14,465		779
Total inventory	$	1,040,944	$	918,589

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

 The summary of capitalized interest for the three and six months ended June 30, 2015 and 2014 is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2015			2014			2015			2014
Capitalized interest, beginning of period	$	15,542		$	13,944		$	15,296		$	13,802
Interest capitalized to inventory	4,675			4,730			8,460			7,980
Capitalized interest charged to land and housing costs and expenses	(3,780		)	(3,843		)	(7,319		)	(6,951		)
Capitalized interest, end of period	$	16,437		$	14,831		$	16,437		$	14,831
Interest incurred	$	8,425		$	7,460		$	16,672		$	14,880