Inventory (Tables)

3 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Components of Inventory

Major components of inventory were as follows ($000’s omitted):

	March 31, 2016		December 31, 2015
Homes under construction	$	1,821,322	$	1,408,260
Land under development	3,568,201		3,259,066
Raw land	812,956		782,732
	$	6,202,479	$	5,450,058

Capitalized interest rollforward

Information related to interest capitalized into inventory is as follows ($000’s omitted):

	Three Months Ended
	March 31,
	2016			2015
Interest in inventory, beginning of period	$	149,498		$	167,638
Interest capitalized	35,284			30,803
Interest expensed	(26,129		)	(31,554		)
Interest in inventory, end of period	$	158,653		$	166,887

Schedule Of Company Interests In Land Option Agreements

The following provides a summary of our interests in land option agreements as of March 31, 2016 and December 31, 2015 ($000’s omitted): 

	March 31, 2016				December 31, 2015
	Deposits and Pre-acquisition Costs		Remaining Purchase Price		Deposits and Pre-acquisition Costs		Remaining Purchase Price
Land options with VIEs	$	91,777	$	1,152,369	$	77,641	$	1,064,506
Other land options	91,254		1,134,743		84,478		981,687
	$	183,031	$	2,287,112	$	162,119	$	2,046,193