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Interest
3 Months Ended
Dec. 31, 2025
Real Estate [Abstract]  
Interest Interest
Interest capitalized during the three months ended December 31, 2025 and 2024 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 thousands20252024
Capitalized interest in inventory, beginning of period$131,845 $124,182 
Interest incurred19,756 20,161 
Capitalized interest impaired(66)— 
Capitalized interest amortized to home construction and land sales expenses(a)
(11,857)(13,910)
Capitalized interest in inventory, end of period$139,678 $130,433 
(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.