Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2020 and December 31, 2019 is as follows:

(In thousands)	March 31, 2020		December 31, 2019
Single-family lots, land and land development costs	$	837,686	$	858,065
Land held for sale	1,164		5,670
Homes under construction	829,230		756,998
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2020 - $13,265;    December 31, 2019 - $12,723)	95,548		98,777
Community development district infrastructure	12,914		13,531
Land purchase deposits	31,705		28,532
Consolidated inventory not owned	14,284		7,934
Total inventory	$	1,822,531	$	1,769,507

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

 The summary of capitalized interest for the three months ended March 31, 2020 and 2019 is as follows:

	Three Months Ended March 31,
(In thousands)	2020			2019
Capitalized interest, beginning of period	$	21,607		$	20,765
Interest capitalized to inventory	7,162			6,134
Capitalized interest charged to land and housing costs and expenses	(6,570		)	(5,393		)
Capitalized interest, end of period	$	22,199		$	21,506
Interest incurred	$	11,862		$	12,926