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Interest
6 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
Interest Interest
Interest capitalized during the three and six months ended March 31, 2026 and 2025 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 March 31,Six Months Ended March 31,
in thousands2026202520262025
Capitalized interest in inventory, beginning of period$139,678 $130,433 $131,845 $124,182 
Interest incurred22,000 21,617 41,756 41,778 
Capitalized interest impaired(35)— (101)— 
Capitalized interest amortized to home construction and land sales expenses(a)
(13,857)(17,758)(25,714)(31,668)
Capitalized interest in inventory, end of period$147,786 $134,292 $147,786 $134,292 
(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.