Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2016

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2016 and December 31, 2015 is as follows:

(In thousands)	June 30, 2016		December 31, 2015
Single-family lots, land and land development costs	$	563,112	$	584,542
Land held for sale	11,597		12,630
Homes under construction	487,895		420,206
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2016 - $10,470;    December 31, 2015 - $8,296)	72,015		63,929
Community development district infrastructure	722		1,018
Land purchase deposits	29,815		23,710
Consolidated inventory not owned	5,169		6,007
Total inventory	$	1,170,325	$	1,112,042

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, 2016 and 2015 is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2016			2015			2016			2015
Capitalized interest, beginning of period	$	16,952		$	15,542		$	16,740		$	15,296
Interest capitalized to inventory	4,497			4,675			8,253			8,460
Capitalized interest charged to land and housing costs and expenses	(4,631		)	(3,780		)	(8,175		)	(7,319		)
Capitalized interest, end of period	$	16,818		$	16,437		$	16,818		$	16,437
Interest incurred	$	8,805		$	8,425		$	17,826		$	16,672