Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2017

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2017 and December 31, 2016 is as follows:

(In thousands)	March 31, 2017		December 31, 2016
Single-family lots, land and land development costs	$	616,239	$	602,528
Land held for sale	10,475		12,155
Homes under construction	538,758		494,664
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2017 - $12,795;    December 31, 2016 - $11,835)	72,108		68,727
Community development district infrastructure	6,277		476
Land purchase deposits	30,795		29,856
Consolidated inventory not owned	11,966		7,528
Total inventory	$	1,286,618	$	1,215,934

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

 The summary of capitalized interest for the three months ended March 31, 2017 and 2016 is as follows:

	Three Months Ended March 31,
(In thousands)	2017			2016
Capitalized interest, beginning of period	$	16,012		$	16,740
Interest capitalized to inventory	3,762			3,756
Capitalized interest charged to land and housing costs and expenses	(3,766		)	(3,544		)
Capitalized interest, end of period	$	16,008		$	16,952
Interest incurred	$	9,100		$	9,021