v3.26.3
Inventory and Capitalized Interest Inventory (Tables)
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
A summary of the Company’s inventory as of September 30, 2026 and December 31, 2025 is as follows:
(In thousands)September 30, 2026December 31, 2025
Single-family lots, land and land development costs$1,846,926 $1,881,158 
Land held for sale37,867 13,599 
Homes under construction1,488,266 1,282,608 
Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2026 - $16,462;
   December 31, 2025 - $14,073)
111,587 91,492 
Community development district infrastructure16,416 10,209 
Land purchase deposits78,445 74,545 
Consolidated inventory not owned 21,141 30,330 
Total inventory$3,600,648 $3,383,941 
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, 2026 and 2025 is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2026202520262025
Capitalized interest, beginning of period$45,252 $38,742 $41,799 $35,953 
Interest capitalized to inventory9,140 8,955 27,239 26,872 
Capitalized interest charged to land and housing costs and expenses(7,915)(7,651)(22,561)(22,779)
Capitalized interest, end of period$46,477 $40,046 $46,477 $40,046 
Interest incurred - net$5,562 $4,407 $17,270 $12,750