Inventory and Capitalized Interest Inventory (Tables)

9 Months Ended

Sep. 30, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

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

(In thousands)	September 30, 2021		December 31, 2020
Single-family lots, land and land development costs	$	1,022,434	$	868,288
Land held for sale	3,620		4,623
Homes under construction	1,190,921		898,966
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2021 - $12,593;    December 31, 2020 - $12,909)	67,190		81,264
Community development district infrastructure	15,975		8,196
Land purchase deposits	48,600		45,357
Consolidated inventory not owned	4,403		9,914
Total inventory	$	2,353,143	$	1,916,608

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, 2021 and 2020 is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2021		2020		2021		2020
Capitalized interest, beginning of period	$	22,304	$	22,203	$	21,329	$	21,607
Interest capitalized to inventory	9,402		8,758		28,020		23,678
Capitalized interest charged to land and housing costs and expenses	(8,212)		(8,803)		(25,855)		(23,127)
Capitalized interest, end of period	$	23,494	$	22,158	$	23,494	$	22,158
Interest incurred	$	9,328	$	9,997	$	29,574	$	32,132