v3.22.2.2
Inventory and Capitalized Interest Inventory (Tables)
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
A summary of the Company’s inventory as of September 30, 2022 and December 31, 2021 is as follows:
(In thousands)September 30, 2022December 31, 2021
Single-family lots, land and land development costs$1,230,139 $1,125,738 
Land held for sale9,174 4,312 
Homes under construction1,624,831 1,187,341 
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2022 - $12,130;
   December 31, 2021 - $12,023)
59,145 59,268 
Community development district infrastructure31,991 20,089 
Land purchase deposits56,677 52,918 
Consolidated inventory not owned4,778 2,768 
Total inventory$3,016,735 $2,452,434 
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block] A summary of capitalized interest for the three and nine months ended September 30, 2022 and 2021 is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2022202120222021
Capitalized interest, beginning of period$27,049 $22,304 $24,343 $21,329 
Interest capitalized to inventory8,926 9,402 26,495 28,020 
Capitalized interest charged to land and housing costs and expenses(6,683)(8,212)(21,546)(25,855)
Capitalized interest, end of period$29,292 $23,494 $29,292 $23,494 
Interest incurred$9,627 $9,328 $28,560 $29,574