Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2020 and December 31, 2019 is as follows:

(In thousands)	June 30, 2020		December 31, 2019
Single-family lots, land and land development costs	$	843,649	$	858,065
Land held for sale	2,385		5,670
Homes under construction	834,661		756,998
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2020 - $14,196;    December 31, 2019 - $12,723)	94,532		98,777
Community development district infrastructure	11,560		13,531
Land purchase deposits	32,988		28,532
Consolidated inventory not owned	11,035		7,934
Total inventory	$	1,830,810	$	1,769,507

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, 2020 and 2019 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2020		2019		2020		2019
Capitalized interest, beginning of period	$	22,199	$	21,506	$	21,607	$	20,765
Interest capitalized to inventory	7,758		8,036		14,920		14,170
Capitalized interest charged to land and housing costs and expenses	(7,754)		(7,380)		(14,324)		(12,773)
Capitalized interest, end of period	$	22,203	$	22,162	$	22,203	$	22,162
Interest incurred	$	10,273	$	13,233	$	22,135	$	26,159