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Housing Inventories (Tables)
3 Months Ended
Mar. 31, 2013
Housing Inventories  
Summary of activity that relates to capitalized interest

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

2013

 

2012

 

Capitalized interest at January 1

 

 

 

 

 

 

 

 

 

$          82,773

 

$         81,058

 

Interest capitalized

 

 

 

 

 

 

 

 

 

12,894

 

10,253

 

Interest amortized to cost of sales

 

 

 

 

 

 

 

 

 

(11,114

)

(7,819

)

Capitalized interest at March 31

 

 

 

 

 

 

 

 

 

$          84,553

 

$         83,492

 

Summary of each reporting segment's total number of lots owned and lots controlled under option agreements

 

 

 

 

 

 

MARCH 31, 2013 

 

 

 

DECEMBER 31, 2012 

 

 

LOTS

 

LOTS

 

 

 

LOTS

 

LOTS

 

 

 

 

 

OWNED

 

OPTIONED

 

TOTAL

 

OWNED

 

OPTIONED

 

TOTAL

 

North

 

5,478

 

4,473

 

9,951

 

5,471

 

4,056

 

9,527

 

Southeast

 

7,240

 

2,864

 

10,104

 

7,268

 

2,121

 

9,389

 

Texas

 

2,807

 

2,282

 

5,089

 

2,438

 

2,667

 

5,105

 

West

 

2,788

 

2,360

 

5,148

 

2,604

 

1,680

 

4,284

 

Total

 

18,313

 

11,979

 

30,292

 

17,781

 

10,524

 

28,305