Inventory (Tables)

6 Months Ended

Jun. 30, 2020

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

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



	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Interest in inventory, beginning of period	$	213,425		$	235,313		$	210,383		$	227,495
Interest capitalized	39,686			41,650			79,599			84,031
Interest expensed	(45,169		)	(42,254		)	(82,040		)	(76,817		)
Interest in inventory, end of period	$	207,942		$	234,709		$	207,942		$	234,709

The following provides a summary of our interests in land option agreements as of June 30, 2020 and December 31, 2019 ($000’s omitted):



	June 30, 2020				December 31, 2019
	Deposits and Pre-acquisition Costs		Remaining Purchase Price		Deposits and Pre-acquisition Costs		Remaining Purchase Price
Land options with VIEs	$	118,138	$	1,451,952	$	123,775	$	1,466,585
Other land options	183,266		2,080,674		175,662		1,755,377
	$	301,404	$	3,532,626	$	299,437	$	3,221,962

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



		Three Months Ended				Six Months Ended
		June 30, 2020				June 30, 2019
	Statement of Operations Classification	2020		2019		2020		2019
Land impairments	Home sale cost of revenues	$	—	$	88	$	5,386	$	88
Net realizable value ("NRV") adjustments - land held for sale	Land sale and other cost of revenues	142		1,227		152		1,289
Write-offs of deposits and pre-acquisition costs	Other expense, net	2,311		2,516		6,643		5,433
		$	2,453	$	3,831	$	12,181	$	6,810