REAL ESTATE INVENTORY |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
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Apr. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| REAL ESTATE INVENTORY | ||||||||||||||||||||||||||||||||||||||||||||||||||
| REAL ESTATE INVENTORY | (2) REAL ESTATE INVENTORY Real estate inventory consists of (in thousands):
Land inventory represents costs for land and improvements on land held for development or sale. Homebuilding model and completed inventory represents costs for residential homes that are completed and ready for sale. Homebuilding construction in process represents costs for residential homes being built. No interest was capitalized in real estate inventory in 2026 or 2025. Real estate taxes of $99,000 and $90,000 were capitalized in real estate inventory in 2026 and 2025. |
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