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Interest
3 Months Ended
Dec. 31, 2024
Real Estate [Abstract]  
Interest Interest
Interest capitalized during the three months ended December 31, 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 December 31,
in thousands20242023
Capitalized interest in inventory, beginning of period$124,182 $112,580 
Interest incurred20,161 18,206 
Capitalized interest amortized to home construction and land sales expenses(a)
(13,910)(11,190)
Capitalized interest in inventory, end of period$130,433 $119,596 
(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.