Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2016

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2016 and December 31, 2015 is as follows:

(In thousands)	March 31, 2016		December 31, 2015
Single-family lots, land and land development costs	$	596,072	$	584,542
Land held for sale	13,801		12,630
Homes under construction	439,328		420,206
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2016 - $9,432;    December 31, 2015 - $8,296)	69,243		63,929
Community development district infrastructure	832		1,018
Land purchase deposits	29,340		23,710
Consolidated inventory not owned	4,921		6,007
Total inventory	$	1,153,537	$	1,112,042

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

 The summary of capitalized interest for the three months ended March 31, 2016 and 2015 is as follows:

	Three Months Ended March 31,
(In thousands)	2016			2015
Capitalized interest, beginning of period	$	16,740		$	15,296
Interest capitalized to inventory	3,756			3,785
Capitalized interest charged to land and housing costs and expenses	(3,544		)	(3,539		)
Capitalized interest, end of period	$	16,952		$	15,542
Interest incurred	$	9,021		$	8,247