Inventory and Capitalized Interest Inventory (Tables)

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of March 31, 2023 and December 31, 2022 is as follows:

(In thousands)	March 31, 2023		December 31, 2022
Single-family lots, land and land development costs	$	1,279,673	$	1,294,779
Land held for sale	17,959		3,331
Homes under construction	1,190,519		1,366,804
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2023 - $10,693;    December 31, 2022 - $10,371)	63,640		61,200
Community development district infrastructure	27,060		29,701
Land purchase deposits	58,910		55,739
Consolidated inventory not owned	19,648		17,048
Total inventory	$	2,657,409	$	2,828,602

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

A summary of capitalized interest for the three months ended March 31, 2023 and 2022 is as follows:

	Three Months Ended March 31,
(In thousands)	2023		2022
Capitalized interest, beginning of period	$	29,675	$	24,343
Interest capitalized to inventory	9,024		8,791
Capitalized interest charged to land and housing costs and expenses	(8,090)		(7,327)
Capitalized interest, end of period	$	30,609	$	25,807
Interest incurred	$	7,635	$	9,462