Inventory and Capitalized Interest Inventory (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

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

(In thousands)	September 30, 2019		December 31, 2018
Single-family lots, land and land development costs	$	824,835	$	778,943
Land held for sale	8,465		12,633
Homes under construction	848,302		730,390
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2019 - $13,974;    December 31, 2018 - $13,441)	96,060		87,132
Community development district infrastructure	14,328		12,392
Land purchase deposits	28,391		33,662
Consolidated inventory not owned	6,687		19,308
Total inventory	$	1,827,068	$	1,674,460

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, 2019 and 2018 is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2019			2018			2019			2018
Capitalized interest, beginning of period	$	22,162		$	19,252		$	20,765		$	17,169
Interest capitalized to inventory	8,291			8,047			22,461			21,197
Capitalized interest charged to land and housing costs and expenses	(7,836		)	(6,278		)	(20,609		)	(17,345		)
Capitalized interest, end of period	$	22,617		$	21,021		$	22,617		$	21,021
Interest incurred	$	12,928		$	12,473		$	39,087		$	36,389