Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2018

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2018 and December 31, 2017 is as follows:

(In thousands)	March 31, 2018		December 31, 2017
Single-family lots, land and land development costs	$	752,921	$	687,260
Land held for sale	3,571		6,491
Homes under construction	678,122		579,051
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2018 - $13,199;    December 31, 2017 - $12,715)	78,869		74,622
Community development district infrastructure	12,499		13,049
Land purchase deposits	36,163		32,556
Consolidated inventory not owned	18,199		21,545
Total inventory	$	1,580,344	$	1,414,574

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

 The summary of capitalized interest for the three months ended March 31, 2018 and 2017 is as follows:

	Three Months Ended March 31,
(In thousands)	2018			2017
Capitalized interest, beginning of period	$	17,169		$	16,012
Interest capitalized to inventory	5,959			3,762
Capitalized interest charged to land and housing costs and expenses	(4,864		)	(3,766		)
Capitalized interest, end of period	$	18,264		$	16,008
Interest incurred	$	11,837		$	9,100