Real Estate Inventories - Summary of Interest Incurred, Capitalized and Expensed (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2024 |
Mar. 31, 2023 |
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Real Estate [Abstract] | ||
Interest incurred | $ 36,156 | $ 37,479 |
Interest capitalized | (36,156) | (37,479) |
Interest expensed | 0 | 0 |
Real Estate Inventory, Capitalized Interest Costs [Roll Forward] | ||
Capitalized interest in beginning inventory | 221,647 | 191,411 |
Interest capitalized as a cost of inventory | 36,156 | 37,479 |
Interest previously capitalized as a cost of inventory, included in cost of sales | (30,846) | (20,251) |
Capitalized interest in ending inventory | $ 226,957 | $ 208,639 |
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- Definition Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. No definition available.
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- Definition Total interest costs incurred during the period and either capitalized or charged against earnings. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Carrying amount as of the balance sheet date of interest costs that were capitalized to properties under development during the land development and construction period of a project, and which are included in inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest cost charged to cost of sales that had been previously capitalized to inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of interest capitalized to an operative builder's inventory during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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