Inventory and Capitalized Interest Inventory (Tables)

6 Months Ended

Jun. 30, 2026

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of June 30, 2026 and December 31, 2025 is as follows:

(In thousands)	June 30, 2026		December 31, 2025
Single-family lots, land and land development costs	$	1,850,007	$	1,881,158
Land held for sale	40,887		13,599
Homes under construction	1,387,441		1,282,608
Model homes and furnishings - at cost (less accumulated depreciation: June 30, 2026 - $15,615;    December 31, 2025 - $14,073)	106,483		91,492
Community development district infrastructure	17,446		10,209
Land purchase deposits	82,955		74,545
Consolidated inventory not owned	20,079		30,330
Total inventory	$	3,505,298	$	3,383,941

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, 2026 and 2025 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2026		2025		2026		2025
Capitalized interest, beginning of period	$	44,049	$	38,022	$	41,799	$	35,953
Interest capitalized to inventory	9,155		8,947		18,099		17,917
Capitalized interest charged to land and housing costs and expenses	(7,952)		(8,227)		(14,646)		(15,128)
Capitalized interest, end of period	$	45,252	$	38,742	$	45,252	$	38,742
Interest incurred - net	$	5,869	$	4,570	$	11,708	$	8,343