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Owned Inventory (Tables)
 9 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventory
The components of our owned inventory are as follows as of June 30, 2024 and September 30, 2023:
in thousandsAs of June 30, 2024As of September 30, 2023
Homes under construction$914,549 $644,363 
Land under development1,002,720 870,740 
Land held for future development19,879 19,879 
Land held for sale14,724 18,579 
Capitalized interest126,562 112,580 
Model homes93,490 90,062 
Total owned inventory$2,171,924 $1,756,203 
Schedule of Total Owned Inventory, by Segment
Total owned inventory by reportable segment is presented in the table below as of June 30, 2024 and September 30, 2023:
in thousands
Projects in
Progress(a)
Land Held for Future DevelopmentLand Held for SaleTotal Owned
Inventory
June 30, 2024
West$1,124,780 $3,483 $11,423 $1,139,686 
East437,586 10,888 2,625 451,099 
Southeast369,549 5,508 676 375,733 
Corporate and unallocated(b)
205,406 

— — 205,406 
Total$2,137,321 $19,879 $14,724 $2,171,924 
September 30, 2023
West$914,908 $3,483 $14,702 $933,093 
East325,395 10,888 3,201 339,484 
Southeast297,142 5,508 676 303,326 
Corporate and unallocated(b)
180,300 — — 180,300 
Total$1,717,745 $19,879 $18,579 $1,756,203 
(a) Projects in progress include homes under construction, land under development, capitalized interest, and model home categories from the preceding table.
(b) Projects in progress amount includes capitalized interest and indirect costs that are maintained within our Corporate and unallocated segment.
Schedule of Inventory Impairments and Abandonment Charges, by Reportable Segment
The following table presents, by reportable segment, our total impairment and abandonment charges for the periods presented:
 Three Months Ended June 30,Nine Months Ended June 30,
in thousands2024202320242023
Abandonments:
West$9 $315 $9 $462 
East91 — 91 154 
Southeast100 — 100 — 
Total abandonments charges$200 $315 $200 $616 
Total impairment and abandonment charges$200 $315 $200 $616 
Schedule of Interests in Lot Option Agreements
The following table provides a summary of our interests in lot option agreements as of June 30, 2024 and September 30, 2023:
As of June 30, 2024As of September 30, 2023
in thousands
Deposits and non-refundable pre-acquisition costs incurred(a)
$206,431 $165,371 
Remaining purchase price if lot option agreements are exercised$1,201,852 $949,447 
(a) Amount is included as a component of land under development within our owned inventory in the condensed consolidated balance sheets.