Inventory and Capitalized Interest Inventory (Tables)

9 Months Ended

Sep. 30, 2017

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

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

(In thousands)	September 30, 2017		December 31, 2016
Single-family lots, land and land development costs	$	663,170	$	602,528
Land held for sale	12,330		12,155
Homes under construction	645,816		494,664
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2017 - $12,929;    December 31, 2016 - $11,835)	75,618		68,727
Community development district infrastructure	5,298		476
Land purchase deposits	31,374		29,856
Consolidated inventory not owned	22,203		7,528
Total inventory	$	1,455,809	$	1,215,934

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

 The summary of capitalized interest for the three and nine months ended September 30, 2017 and 2016 is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2017			2016			2017			2016
Capitalized interest, beginning of period	$	16,465		$	16,818		$	16,012		$	16,740
Interest capitalized to inventory	6,178			5,139			15,240			13,392
Capitalized interest charged to land and housing costs and expenses	(4,988		)	(4,963		)	(13,597		)	(13,138		)
Capitalized interest, end of period	$	17,655		$	16,994		$	17,655		$	16,994
Interest incurred	$	10,853		$	8,726		$	29,087		$	26,552