Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2021 and December 31, 2020 is as follows:

(In thousands)	March 31, 2021		December 31, 2020
Single-family lots, land and land development costs	$	831,837	$	868,288
Land held for sale	4,085		4,623
Homes under construction	985,227		898,966
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2021 - $13,327;    December 31, 2020 - $12,909)	72,356		81,264
Community development district infrastructure	12,322		8,196
Land purchase deposits	42,564		45,357
Consolidated inventory not owned	12,143		9,914
Total inventory	$	1,960,534	$	1,916,608

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

The summary of capitalized interest for the three months ended March 31, 2021 and 2020 is as follows:

	Three Months Ended March 31,
(In thousands)	2021		2020
Capitalized interest, beginning of period	$	21,329	$	21,607
Interest capitalized to inventory	8,995		7,162
Capitalized interest charged to land and housing costs and expenses	(8,205)		(6,570)
Capitalized interest, end of period	$	22,119	$	22,199
Interest incurred	$	10,171	$	11,862