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Interest
9 Months Ended
Jun. 30, 2024
Real Estate [Abstract]  
Interest Interest
Interest capitalized during the three and nine months ended June 30, 2024 and 2023 was based upon the balance of inventory eligible for capitalization. The following table presents certain information regarding interest for the periods presented:
Three Months Ended June 30,Nine Months Ended June 30,
in thousands2024202320242023
Capitalized interest in inventory, beginning of period$123,214 $113,886 $112,580 $109,088 
Interest incurred20,615 18,027 58,510 53,891 
Capitalized interest amortized to home construction and land sales expenses(a)
(17,267)(17,504)(44,528)(48,570)
Capitalized interest in inventory, end of period$126,562 $114,409 $126,562 $114,409 
(a) Capitalized interest amortized to home construction and land sales expenses varies based on the number of homes closed during the period and land sales, if any, as well as other factors.