Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2023 and December 31, 2022 is as follows:

(In thousands)	June 30, 2023		December 31, 2022
Single-family lots, land and land development costs	$	1,296,486	$	1,294,779
Land held for sale	15,183		3,331
Homes under construction	1,207,759		1,366,804
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2023 - $11,039;    December 31, 2022 - $10,371)	68,681		61,200
Community development district infrastructure	23,732		29,701
Land purchase deposits	54,519		55,739
Consolidated inventory not owned	20,654		17,048
Total inventory	$	2,687,014	$	2,828,602

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, 2023 and 2022 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2023		2022		2023		2022
Capitalized interest, beginning of period	$	30,609	$	25,807	$	29,675	$	24,343
Interest capitalized to inventory	8,925		8,778		17,949		17,569
Capitalized interest charged to land and housing costs and expenses	(8,734)		(7,536)		(16,824)		(14,863)
Capitalized interest, end of period	$	30,800	$	27,049	$	30,800	$	27,049
Interest incurred - net	$	4,255	$	9,471	$	11,890	$	18,933