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Inventory And Land Held For Sale (Tables)
 12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory at December 31, 2016 and 2015 were ($000’s omitted):
 
2016
 
2015
Homes under construction
$
1,921,259

 
$
1,408,260

Land under development
4,072,109

 
3,259,066

Raw land
777,287

 
782,732

 
$
6,770,655

 
$
5,450,058
Capitalized Interest Rollforward
Activity related to interest capitalized into inventory is as follows ($000’s omitted):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Interest in inventory, beginning of period
$
149,498

 
$
167,638

 
$
230,922

Interest capitalized
160,506

 
120,001

 
131,444

Interest expensed
(123,907
)
 
(138,141
)
 
(194,728
)
Interest in inventory, end of period
$
186,097

 
$
149,498

 
$
167,638
Land-related Charges
We recorded the following land-related charges ($000's omitted):
 
2016
 
2015
 
2014
Land impairments
$
1,074

 
$
7,347

 
$
3,911

Net realizable value adjustments ("NRV") - land held for sale
1,105

 
(901
)
 
1,158

Write-offs of deposits and pre-acquisition costs
17,157

 
5,021

 
6,099

Total land-related charges
$
19,336

 
$
11,467

 
$
11,168
Land Held for Sale
Land held for sale at December 31, 2016 and 2015 was as follows ($000’s omitted):
 
 
2016
 
2015
Land held for sale, gross
$
38,157

 
$
86,913

Net realizable value reserves
(6,429
)
 
(5,421
)
Land held for sale, net
$
31,728

 
$
81,492