Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2017

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2017 and December 31, 2016 is as follows:

(In thousands)	June 30, 2017		December 31, 2016
Single-family lots, land and land development costs	$	637,268	$	602,528
Land held for sale	17,051		12,155
Homes under construction	600,376		494,664
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2017 - $13,413;    December 31, 2016 - $11,835)	76,824		68,727
Community development district infrastructure	5,875		476
Land purchase deposits	29,887		29,856
Consolidated inventory not owned	12,263		7,528
Total inventory	$	1,379,544	$	1,215,934

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, 2017 and 2016 is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2017			2016			2017			2016
Capitalized interest, beginning of period	$	16,008		$	16,952		$	16,012		$	16,740
Interest capitalized to inventory	5,300			4,497			9,062			8,253
Capitalized interest charged to land and housing costs and expenses	(4,843		)	(4,631		)	(8,609		)	(8,175		)
Capitalized interest, end of period	$	16,465		$	16,818		$	16,465		$	16,818
Interest incurred	$	9,134		$	8,805		$	18,234		$	17,826