v3.26.1
REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Summary of capitalized interest        
Capitalized interest, beginning of period $ 84,464 $ 57,107 $ 77,064 $ 53,678
Interest incurred 20,114 19,995 40,119 34,709
Interest expensed (2,187) 0 (2,774) 0
Interest amortized to cost of home and land closings (15,654) (13,288) (27,672) (24,573)
Capitalized interest, end of period $ 86,737 $ 63,814 $ 86,737 $ 63,814