Inventory and Capitalized Interest Inventory (Tables)

9 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

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

(In thousands)	September 30, 2020		December 31, 2019
Single-family lots, land and land development costs	$	840,637	$	858,065
Land held for sale	4,357		5,670
Homes under construction	863,603		756,998
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2020 - $14,186;    December 31, 2019 - $12,723)	87,192		98,777
Community development district infrastructure	9,892		13,531
Land purchase deposits	37,364		28,532
Consolidated inventory not owned	364		7,934
Total inventory	$	1,843,409	$	1,769,507

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, 2020 and 2019 is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2020		2019		2020		2019
Capitalized interest, beginning of period	$	22,203	$	22,162	$	21,607	$	20,765
Interest capitalized to inventory	8,758		8,291		23,678		22,461
Capitalized interest charged to land and housing costs and expenses	(8,803)		(7,836)		(23,127)		(20,609)
Capitalized interest, end of period	$	22,158	$	22,617	$	22,158	$	22,617
Interest incurred	$	9,997	$	12,928	$	32,132	$	39,087