XML 30 R12.htm IDEA: XBRL DOCUMENT v3.24.3
Interest
12 Months Ended
Sep. 30, 2024
Real Estate Inventory Capitalized Interest Costs [Abstract]  
Interest Interest
Interest capitalized during the fiscal years ended September 30, 2024, 2023 and 2022 was based upon the balance of inventory eligible for capitalization. The following table presents certain information regarding interest for the periods presented:
Fiscal Year Ended September 30,
in thousands202420232022
Capitalized interest in inventory, beginning of period$112,580 $109,088 $106,985 
Interest incurred79,835 71,981 74,161 
Capitalized interest impaired — (439)
Capitalized interest amortized to home construction and land sales expenses(a)
(68,233)(68,489)(71,619)
Capitalized interest in inventory, end of period$124,182 $112,580 $109,088 
(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.