Note 8 - Capitalization of Interest (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Capitalization of Interest [Table Text Block]

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
	(Dollars in thousands)
Homebuilding interest incurred	$	15,879		$	15,641		$	47,890		$	46,905
Less: Interest capitalized		(15,879	)		(15,641	)		(47,890	)		(46,905	)
Homebuilding interest expensed	$	-		$	-		$	-		$	-
Interest capitalized, beginning of period	$	58,193		$	58,227		$	54,845		$	57,541
Plus: Interest capitalized during period		15,879			15,641			47,890			46,905
Less: Previously capitalized interest included in home and land cost of sales		(14,451	)		(16,636	)		(43,114	)		(47,214	)
Interest capitalized, end of period	$	59,621		$	57,232		$	59,621		$	57,232