Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2024 and December 31, 2023 is as follows:

(In thousands)	June 30, 2024		December 31, 2023
Single-family lots, land and land development costs	$	1,467,961	$	1,446,576
Land held for sale	4,235		6,932
Homes under construction	1,306,650		1,177,101
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2024 - $11,693;    December 31, 2023 - $10,940)	77,621		68,696
Community development district infrastructure	17,517		19,339
Land purchase deposits	62,946		51,608
Consolidated inventory not owned	1,534		26,899
Total inventory	$	2,938,464	$	2,797,151

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, 2024 and 2023 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2024		2023		2024		2023
Capitalized interest, beginning of period	$	32,792	$	30,609	$	32,144	$	29,625
Interest capitalized to inventory	9,004		8,925		17,954		17,949
Capitalized interest charged to land and housing costs and expenses	(7,938)		(8,734)		(16,240)		(16,774)
Capitalized interest, end of period	$	33,858	$	30,800	$	33,858	$	30,800
Interest incurred - net	$	1,656	$	4,255	$	3,686	$	11,890