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Inventory (Tables)
 6 Months Ended
Jun. 30, 2018
Inventory Disclosure [Abstract]  
Components of Inventory Major components of inventory were as follows ($000’s omitted): 
 
June 30,
2018
 
December 31,
2017
Homes under construction
$
2,922,260

 
$
2,421,405

Land under development
4,045,615

 
4,135,814

Raw land
531,790

 
589,911

 
$
7,499,665

 
$
7,147,130
Capitalized Interest Rollforward Information related to interest capitalized into inventory is as follows ($000’s omitted):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Interest in inventory, beginning of period
$
240,013

 
$
203,828

 
$
226,611

 
$
186,097

Interest capitalized
43,771

 
44,949

 
87,731

 
89,872

Interest expensed
(40,157
)
 
(35,927
)
 
(70,715
)
 
(63,119
)
Interest in inventory, end of period
$
243,627

 
$
212,850

 
$
243,627

 
$
212,850
Schedule Of Company Interests In Land Option Agreements The following provides a summary of our interests in land option agreements as of June 30, 2018 and December 31, 2017 ($000’s omitted): 
 
June 30, 2018
 
December 31, 2017
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
Land options with VIEs
$
73,940

 
$
1,145,136

 
$
78,889

 
$
977,480

Other land options
144,497

 
1,603,950

 
129,098

 
1,485,099

 
$
218,437

 
$
2,749,086

 
$
207,987

 
$
2,462,579
Schedule Of Impairment Losses We recorded the following significant land-related charges in the three months ended June 30, 2017 ($000's omitted):
 
Statement of Operations Classification
 
June 30,
 
 
2017
Net realizable value adjustments ("NRV") - land held for sale
Land sale cost of revenues
 
$
81,006

Land inventory impairments
Home sale cost of revenues
 
31,487

Impairments of unconsolidated entities
Other expense, net
 
8,017

Write-offs of deposits and pre-acquisition costs
Other expense, net
 
5,063

Total land-related charges
 
 
$
125,573
Schedule of Fair Value Inputs The table below summarizes certain quantitative unobservable inputs utilized in determining the fair value of impairments recorded in the three months ended June 30, 2017:
 
Range
 
June 30, 2017
Average selling price ($000s)
$253
to
$461
Sales pace per quarter (units)
5
to
9
Discount rate
18%
to
25%