Inventory And Land Held For Sale (Tables)

12 Months Ended

Dec. 31, 2017

Major components of inventory at December 31, 2017 and 2016 were ($000’s omitted):

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



	Years Ended December 31,
	2017			2016			2015
Interest in inventory, beginning of period	$	186,097		$	149,498		$	167,638
Interest capitalized	181,719			160,506			120,001
Interest expensed	(141,205		)	(123,907		)	(138,141		)
Interest in inventory, end of period	$	226,611		$	186,097		$	149,498

recorded the following land-related charges ($000's omitted):



	Statement of Operations Classification	2017		2016		2015
Land impairments	Home sale cost of revenues	$	88,952	$	1,074	$	7,347
Net realizable value adjustments ("NRV") - land held for sale	Land sale cost of revenues	83,576		1,105		(901		)
Impairments of unconsolidated entities	Other expense, net	8,017		—		—
Write-offs of deposits and pre-acquisition costs	Other expense, net	11,367		17,157		5,021
Total land-related charges		$	191,912	$	19,336	$	11,467

Land held for sale at December 31, 2017 and 2016 was as follows ($000’s omitted):



	2017			2016
Land held for sale, gross	$	142,070		$	38,157
Net realizable value reserves	(73,686		)	(6,429		)
Land held for sale, net	$	68,384		$	31,728