Inventory and Capitalized Interest Inventory (Tables)

12 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

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

	December 31,
(In thousands)	2022		2021
Single-family lots, land and land development costs	$	1,294,779	$	1,125,738
Land held for sale	3,331		4,312
Homes under construction	1,366,804		1,187,341
Model homes and furnishings - at cost (less accumulated depreciation: December 31, 2022 - $10,371; December 31, 2021 - $12,023)	61,200		59,268
Community development district infrastructure	29,701		20,089
Land purchase deposits	55,739		52,918
Consolidated inventory not owned	17,048		2,768
Total inventory	$	2,828,602	$	2,452,434

Real Estate Inventory, Capitalized Interest Costs [Table Text Block]

The summary of capitalized interest for the years ended December 31, 2022, 2021 and 2020 is as follows:

	Year Ended December 31,
(In thousands)	2022		2021		2020
Capitalized interest, beginning of period	$	24,343	$	21,329	$	21,607
Interest capitalized to inventory	35,552		36,843		32,408
Capitalized interest charged to land and housing costs and expenses	(30,270)		(33,829)		(32,686)
Capitalized interest, end of period	$	29,625	$	24,343	$	21,329
Interest incurred	$	37,802	$	38,999	$	42,092