Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2022

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2022 and December 31, 2021 is as follows:

(In thousands)	June 30, 2022		December 31, 2021
Single-family lots, land and land development costs	$	1,136,380	$	1,125,738
Land held for sale	10,524		4,312
Homes under construction	1,514,965		1,187,341
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2022 - $11,977;    December 31, 2021 - $12,023)	56,050		59,268
Community development district infrastructure	33,217		20,089
Land purchase deposits	56,175		52,918
Consolidated inventory not owned	8,954		2,768
Total inventory	$	2,816,265	$	2,452,434

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

A summary of capitalized interest for the three and six months ended June 30, 2022 and 2021 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2022		2021		2022		2021
Capitalized interest, beginning of period	$	25,807	$	22,119	$	24,343	$	21,329
Interest capitalized to inventory	8,778		9,623		17,569		18,618
Capitalized interest charged to land and housing costs and expenses	(7,536)		(9,438)		(14,863)		(17,643)
Capitalized interest, end of period	$	27,049	$	22,304	$	27,049	$	22,304
Interest incurred	$	9,471	$	10,075	$	18,933	$	20,246