Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2022

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2022 and December 31, 2021 is as follows:

(In thousands)	March 31, 2022		December 31, 2021
Single-family lots, land and land development costs	$	1,116,069	$	1,125,738
Land held for sale	8,377		4,312
Homes under construction	1,325,672		1,187,341
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2022 - $11,690;    December 31, 2021 - $12,023)	57,499		59,268
Community development district infrastructure	16,766		20,089
Land purchase deposits	55,341		52,918
Consolidated inventory not owned	2,828		2,768
Total inventory	$	2,582,552	$	2,452,434

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

The summary of capitalized interest for the three months ended March 31, 2022 and 2021 is as follows:

	Three Months Ended March 31,
(In thousands)	2022		2021
Capitalized interest, beginning of period	$	24,343	$	21,329
Interest capitalized to inventory	8,791		8,995
Capitalized interest charged to land and housing costs and expenses	(7,327)		(8,205)
Capitalized interest, end of period	$	25,807	$	22,119
Interest incurred	$	9,462	$	10,171