Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2019

Inventory [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2019 and December 31, 2018 is as follows:

(In thousands)	June 30, 2019		December 31, 2018
Single-family lots, land and land development costs	$	804,453	$	778,943
Land held for sale	13,018		12,633
Homes under construction	796,479		730,390
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2019 - $13,132;    December 31, 2018 - $13,441)	93,201		87,132
Community development district infrastructure	10,866		12,392
Land purchase deposits	32,353		33,662
Consolidated inventory not owned	13,109		19,308
Total inventory	$	1,763,479	$	1,674,460

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, 2019 and 2018 is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2019			2018			2019			2018
Capitalized interest, beginning of period	$	21,506		$	18,264		$	20,765		$	17,169
Interest capitalized to inventory	8,036			7,191			14,170			13,150
Capitalized interest charged to land and housing costs and expenses	(7,380		)	(6,203		)	(12,773		)	(11,067		)
Capitalized interest, end of period	$	22,162		$	19,252		$	22,162		$	19,252
Interest incurred	$	13,233		$	12,079		$	26,159		$	23,916