Inventory and Capitalized Interest Inventory (Tables)

9 Months Ended

Sep. 30, 2018

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of September 30, 2018 and December 31, 2017 is as follows:

(In thousands)	September 30, 2018		December 31, 2017
Single-family lots, land and land development costs	$	754,322	$	687,260
Land held for sale	14,312		6,491
Homes under construction	831,129		579,051
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2018 - $14,194;    December 31, 2017 - $12,715)	81,642		74,622
Community development district infrastructure	16,101		13,049
Land purchase deposits	32,122		32,556
Consolidated inventory not owned	21,897		21,545
Total inventory	$	1,751,525	$	1,414,574

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, 2018 and 2017 is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2018			2017			2018			2017
Capitalized interest, beginning of period	$	19,252		$	16,465		$	17,169		$	16,012
Interest capitalized to inventory	8,047			6,178			21,197			15,240
Capitalized interest charged to land and housing costs and expenses	(6,278		)	(4,988		)	(17,345		)	(13,597		)
Capitalized interest, end of period	$	21,021		$	17,655		$	21,021		$	17,655
Interest incurred	$	12,473		$	10,853		$	36,389		$	29,087