v3.26.3
REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Summary of capitalized interest        
Capitalized interest, beginning of period $ 86,737 $ 63,814 $ 77,064 $ 53,678
Interest incurred 20,218 20,050 60,337 54,759
Interest expensed (1,352) 0 (4,126) 0
Interest amortized to cost of home and land closings (13,434) (12,663) (41,106) (37,236)
Capitalized interest, end of period $ 92,169 $ 71,201 $ 92,169 $ 71,201