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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Other Expense (Income), Net
Other expense, net consists of the following ($000’s omitted): 
 
2019
 
2018
 
2017
Write-offs of deposits and pre-acquisition costs (Note 2)
$
(13,116
)
 
$
(16,992
)
 
$
(11,367
)
Amortization of intangible assets (Note 1)
(14,200
)
 
(13,800
)
 
(13,800
)
Loss on debt retirement (Note 5)
(4,927
)
 
(76
)
 
—

Interest income
16,739

 
7,593

 
2,537

Interest expense
(584
)
 
(618
)
 
(503
)
Equity in earnings (loss) of unconsolidated entities (Note 4) (a)
747

 
2,690

 
(1,985
)
Miscellaneous, net
1,865

 
7,354

 
(7,269
)
Total other expense, net
$
(13,476
)
 
$
(13,849
)
 
$
(32,387
)


(a)
Includes an $8.0 million impairment of an investment in an unconsolidated entity in 2017 (see Note 2).
Schedule of Earnings Per Share of Common Stock The following table presents a reconciliation of the numerator used in our earnings per common share calculation ($000's omitted):

 
December 31, 2019
 
December 31, 2018
 
December 31, 2017
Numerator:
 
 
 
 
 
Net income
$
1,016,700

 
$
1,022,023

 
$
447,221

Less: earnings distributed to participating securities
(1,228
)
 
(1,208
)
 
(1,192
)
Less: undistributed earnings allocated to participating securities
(9,143
)
 
(9,984
)
 
(3,380
)
Numerator for basic earnings per share
$
1,006,329

 
$
1,010,831

 
$
442,649

Add: undistributed earnings allocated to participating securities
9,143

 
9,984

 
3,380

Less: undistributed earnings reallocated to participating securities
(9,117
)
 
(9,939
)
 
(3,361
)
Numerator for diluted earnings per share
$
1,006,355

 
$
1,010,876

 
$
442,668
Schedule Of Company Interests In Land Option Agreements The following provides a summary of our interests in land option agreements ($000’s omitted):
 
 
December 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
$
123,775

 
$
1,466,585

 
$
90,717

 
$
1,079,507

Other land options
175,662

 
1,755,377

 
127,851

 
1,522,903

 
$
299,437

 
$
3,221,962

 
$
218,568

 
$
2,602,410
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value  

The fair values of derivative instruments and their location in the Consolidated Balance Sheets are summarized below ($000’s omitted):
 
 
December 31, 2019
 
December 31, 2018
 
Other Assets
 
Other Liabilities
 
Other Assets
 
Other Liabilities
Interest rate lock commitments
$
8,351

 
$
149

 
$
9,196

 
$
161

Forward contracts
299

 
1,372

 
315

 
7,229

Whole loan commitments
880

 
284

 
393

 
1,111

 
$
9,530

 
$
1,805

 
$
9,904

 
$
8,501