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, 2022 | | December 31, 2021 | Single-family lots, land and land development costs | $ | 1,230,139 | | | $ | 1,125,738 | | Land held for sale | 9,174 | | | 4,312 | | Homes under construction | 1,624,831 | | | 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 infrastructure | 31,991 | | | 20,089 | | Land purchase deposits | 56,677 | | | 52,918 | | Consolidated inventory not owned | 4,778 | | | 2,768 | | Total inventory | $ | 3,016,735 | | | $ | 2,452,434 | |
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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) | 2022 | | 2021 | | 2022 | | 2021 | Capitalized interest, beginning of period | $ | 27,049 | | | $ | 22,304 | | | $ | 24,343 | | | $ | 21,329 | | Interest capitalized to inventory | 8,926 | | | 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 | |
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