Schedule of Inventory, Current [Table Text Block] |
A summary of the Company’s inventory as of September 30, 2023 and December 31, 2022 is as follows: | | | | | | | | | | | | (In thousands) | September 30, 2023 | | December 31, 2022 | Single-family lots, land and land development costs | $ | 1,355,622 | | | $ | 1,294,779 | | Land held for sale | 6,881 | | | 3,331 | | Homes under construction | 1,218,256 | | | 1,366,804 | | Model homes and furnishings - at cost (less accumulated depreciation: September 30, 2023 - $11,816; December 31, 2022 - $10,371) | 65,829 | | | 61,200 | | Community development district infrastructure | 21,150 | | | 29,701 | | Land purchase deposits | 49,595 | | | 55,739 | | Consolidated inventory not owned | 23,195 | | | 17,048 | | Total inventory | $ | 2,740,528 | | | $ | 2,828,602 | |
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Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block] |
A summary of capitalized interest for the three and nine months ended September 30, 2023 and 2022 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (In thousands) | 2023 | | 2022 | | 2023 | | 2022 | Capitalized interest, beginning of period | $ | 30,800 | | | $ | 27,049 | | | $ | 29,675 | | | $ | 24,343 | | Interest capitalized to inventory | 8,957 | | | 8,926 | | | 26,906 | | | 26,495 | | Capitalized interest charged to land and housing costs and expenses | (8,778) | | | (6,683) | | | (25,602) | | | (21,546) | | Capitalized interest, end of period | $ | 30,979 | | | $ | 29,292 | | | $ | 30,979 | | | $ | 29,292 | | | | | | | | | | Interest incurred - net | $ | 3,123 | | | $ | 9,627 | | | $ | 15,013 | | | $ | 28,560 | |
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