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Inventory And Land Held For Sale (Tables)
12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Components of Inventory Major components of inventory at December 31, 2018 and 2017 were ($000’s omitted):
 
2018
 
2017
Homes under construction
$
2,630,158

 
$
2,421,405

Land under development
4,129,225

 
4,135,814

Raw land
493,970

 
589,911

 
$
7,253,353

 
$
7,147,130

Capitalized Interest Rollforward Activity related to interest capitalized into inventory is as follows ($000’s omitted):
 
Years Ended December 31,
 
2018
 
2017
 
2016
Interest in inventory, beginning of period
$
226,611

 
$
186,097

 
$
149,498

Interest capitalized
172,809

 
181,719

 
160,506

Interest expensed
(171,925
)
 
(141,205
)
 
(123,907
)
Interest in inventory, end of period
$
227,495

 
$
226,611

 
$
186,097

Land-related Charges recorded the following land-related charges ($000's omitted):
 
Statement of Operations Classification
 
2018
 
2017
 
2016
Net realizable value adjustments ("NRV") - land held for sale
Land sale cost of revenues
 
$
11,489

 
$
83,576

 
$
1,105

Land impairments
Home sale cost of revenues
 
70,965

 
88,952

 
1,074

Impairments of unconsolidated entities
Other expense, net
 

 
8,017

 

Write-offs of deposits and pre-acquisition costs
Other expense, net
 
16,992

 
11,367

 
17,157

Total land-related charges
 
 
$
99,446

 
$
191,912

 
$
19,336

Land Held for Sale Land held for sale at December 31, 2018 and 2017 was as follows ($000’s omitted): 
 
2018
 
2017
Land held for sale, gross
$
40,037

 
$
142,070

Net realizable value reserves
(3,188
)
 
(73,686
)
Land held for sale, net
$
36,849

 
$
68,384