Capitalization of Interest (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Capitalization of Interest

For all periods presented below, our qualified assets exceeded our homebuilding debt and as such, all interest incurred has been capitalized.

	Three Months Ended March 31,
	2022		2021
	(Dollars in thousands)
Homebuilding interest incurred	$	17,258	$	17,332
Less: Interest capitalized	(17,258)		(17,332)
Homebuilding interest expensed	$	—	$	—
Interest capitalized, beginning of period	$	58,054	$	52,777
Plus: Interest capitalized during period	17,258		17,332
Less: Previously capitalized interest included in home cost of sales	(14,844)		(14,841)
Interest capitalized, end of period	$	60,468	$	55,268