Inventory (Tables)

3 Months Ended

Mar. 31, 2019

Inventory Disclosure [Abstract]

Components of Inventory

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

	March 31, 2019		December 31, 2018
Homes under construction	$	2,892,328	$	2,630,158
Land under development	4,161,168		4,129,225
Raw land	453,047		493,970
	$	7,506,543	$	7,253,353

Capitalized Interest Rollforward

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

	Three Months Ended
	March 31,
	2019			2018
Interest in inventory, beginning of period	$	227,495		$	226,611
Interest capitalized	42,381			43,960
Interest expensed	(34,563		)	(30,558		)
Interest in inventory, end of period	$	235,313		$	240,013

Schedule Of Company Interests In Land Option Agreements

The following provides a summary of our interests in land option agreements as of March 31, 2019 and December 31, 2018 ($000’s omitted): 

	March 31, 2019				December 31, 2018
	Deposits and Pre-acquisition Costs		Remaining Purchase Price		Deposits and Pre-acquisition Costs		Remaining Purchase Price
Land options with VIEs	$	99,742	$	1,073,520	$	90,717	$	1,079,507
Other land options	138,597		1,561,597		127,851		1,522,903
	$	238,339	$	2,635,117	$	218,568	$	2,602,410