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Inventory
9 Months Ended
Sep. 30, 2015
Inventory [Abstract]  
Inventory

 

3. Inventories

Inventories included the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2015

 

2014

Homes under construction

 

$

392,062 

 

$

250,104 

Land and land development

 

 

331,036 

 

 

294,917 

Capitalized interest

 

 

18,456 

 

 

11,302 

Total inventories

 

$

741,554 

 

$

556,323