Inventories (Tables)

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory

The table below sets forth, by reportable segment, information relating to our homebuilding inventories.

	December 31, 2021		December 31, 2020
	(Dollars in thousands)
Housing Completed or Under Construction:
West	$	1,077,256	$	902,842
Mountain	596,164		464,501
East	244,196		119,244
Subtotal	1,917,616		1,486,587
Land and Land Under Development:
West	1,235,363		822,504
Mountain	435,958		391,054
East	171,914		132,085
Subtotal	1,843,235		1,345,643
Total Inventories	$	3,760,851	$	2,832,230

Schedule of Inventory Impairments

Inventory impairments recognized by segment for the years ended December 31, 2021, 2020 and 2019 are shown in the table below.

	Year Ended December 31,
	2021		2020		2019
	(Dollars in thousands)
Housing Completed or Under Construction:
West	$	1,600	$	—	$	100
Mountain	—		—		—
East	—		—		435
Subtotal	1,600		—		535
Land and Land Under Development:
West	—		—		—
Mountain	—		—		400
East	—		—		—
Subtotal	—		—		400
Total Inventory Impairments	$	1,600	$	—	$	935

Quantitative Data for Fair Value of the Impaired Inventory

The table below provides quantitative data, for the periods presented, where applicable, used in determining the fair value of the impaired inventory.

	Impairment Data					Quantitative Data
Three Months Ended	Number of Subdivisions Impaired	Inventory Impairments		Fair Value of Inventory After Impairments		Discount Rate
	(Dollars in thousands)
December 31, 2021	1	$	1,600	$	6,903		N/A
Total		$	1,600
March 31, 2019	2	$	610	$	10,476		N/A
December 31, 2019	2	325		3,948			N/A
Total		$	935