Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2021 and December 31, 2020 is as follows:

(In thousands)	June 30, 2021		December 31, 2020
Single-family lots, land and land development costs	$	833,665	$	868,288
Land held for sale	3,840		4,623
Homes under construction	1,095,585		898,966
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2021 - $13,376;    December 31, 2020 - $12,909)	70,054		81,264
Community development district infrastructure	16,807		8,196
Land purchase deposits	44,037		45,357
Consolidated inventory not owned	12,481		9,914
Total inventory	$	2,076,469	$	1,916,608

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, 2021 and 2020 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2021		2020		2021		2020
Capitalized interest, beginning of period	$	22,119	$	22,199	$	21,329	$	21,607
Interest capitalized to inventory	9,623		7,758		18,618		14,920
Capitalized interest charged to land and housing costs and expenses	(9,438)		(7,754)		(17,643)		(14,324)
Capitalized interest, end of period	$	22,304	$	22,203	$	22,304	$	22,203
Interest incurred	$	10,075	$	10,273	$	20,246	$	22,135