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Housing Inventories (Tables)
3 Months Ended
Mar. 31, 2014
Housing Inventories  
Summary of activity that relates to capitalized interest

 

 

(in thousands)

 

2014

 

2013

 

Capitalized interest at January 1

 

  $

89,619

 

$

82,773

 

Interest capitalized

 

17,111

 

12,894

 

Interest amortized to cost of sales

 

(10,470

)

(11,114

)

Capitalized interest at March 31

 

  $

96,260

 

$

84,553

 

Interest incurred

 

  $

17,383

 

$

16,805

 

 

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

 

 

 

 

MARCH 31, 2014

 

DECEMBER 31, 2013

 

 

 

LOTS

 

LOTS

 

 

 

LOTS

 

LOTS

 

 

 

 

 

OWNED

 

OPTIONED

 

TOTAL

 

OWNED

 

OPTIONED

 

TOTAL

 

North

 

6,900

 

6,969

 

13,869

 

6,382

 

7,455

 

13,837

 

Southeast

 

8,559

 

2,765

 

11,324

 

8,114

 

2,439

 

10,553

 

Texas

 

4,063

 

2,982

 

7,045

 

3,886

 

3,147

 

7,033

 

West

 

5,146

 

1,470

 

6,616

 

5,158

 

1,561

 

6,719

 

Total

 

24,668

 

14,186

 

38,854

 

23,540

 

14,602

 

38,142