Inventory and Capitalized Interest Inventory (Tables)

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

A summary of the Company’s inventory as of December 31, 2023 and 2022 is as follows:

	December 31,
(In thousands)	2023		2022
Single-family lots, land and land development costs	$	1,446,576	$	1,294,779
Land held for sale	6,932		3,331
Homes under construction	1,177,101		1,366,804
Model homes and furnishings - at cost (less accumulated depreciation: December 31, 2023 - $10,940; December 31, 2022 - $10,371)	68,696		61,200
Community development district infrastructure	19,339		29,701
Land purchase deposits	51,608		55,739
Consolidated inventory not owned	26,899		17,048
Total inventory	$	2,797,151	$	2,828,602

Real Estate Inventory, Capitalized Interest Costs [Table Text Block]

The summary of capitalized interest for the years ended December 31, 2023, 2022 and 2021 is as follows:

	Year Ended December 31,
(In thousands)	2023		2022		2021
Capitalized interest, beginning of period	$	29,625	$	24,343	$	21,329
Interest capitalized to inventory	35,845		35,552		36,843
Capitalized interest charged to land and housing costs and expenses	(33,326)		(30,270)		(33,829)
Capitalized interest, end of period	$	32,144	$	29,625	$	24,343
Interest incurred	$	15,823	$	37,802	$	38,999