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Note 8 - Capitalization of Interest (Tables)
3 Months Ended
Mar. 31, 2016
Notes Tables  
Capitalization of Interest [Table Text Block]
   
Three Months Ended
 
 
 
March 31,
 
 
 
2016
   
2015
 
 
 
(Dollars in thousands)
 
Homebuilding interest incurred
 
$
13,218
 
 
$
13,251
 
Less: Interest capitalized
 
 
(13,218
)
 
 
(13,251
)
Homebuilding interest expensed
 
$
-
 
 
$
-
 
 
 
 
 
 
 
 
 
 
Interest capitalized, beginning of period
 
$
77,541
 
 
$
79,231
 
Plus: Interest capitalized during period
 
 
13,218
 
 
 
13,251
 
Less: Previously capitalized interest included in home and land cost of sales
 
 
(10,976
)
 
 
(12,491
)
Interest capitalized, end of period
 
$
79,783
 
 
$
79,991