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Housing Inventories (Tables)
9 Months Ended
Sep. 30, 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

 

51,443

 

42,303

 

Interest amortized to cost of sales

 

(34,625

)

(37,153

)

Capitalized interest at September 30

 

  $

106,437

 

  $

87,923

 

Interest incurred

 

  $

52,194

 

  $

50,874

 

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

 

 

 

 

SEPTEMBER 30, 2014

 

DECEMBER 31, 2013

 

 

 

LOTS

 

LOTS

 

 

 

LOTS

 

LOTS

 

 

 

 

 

OWNED

 

OPTIONED

 

TOTAL

 

OWNED

 

OPTIONED

 

TOTAL

 

North

 

7,512

 

6,749

 

14,261

 

6,382

 

7,455

 

13,837

 

Southeast

 

8,586

 

4,136

 

12,722

 

8,114

 

2,439

 

10,553

 

Texas

 

4,156

 

3,049

 

7,205

 

3,886

 

3,147

 

7,033

 

West

 

5,724

 

938

 

6,662

 

5,158

 

1,561

 

6,719

 

Total

 

25,978

 

14,872

 

40,850

 

23,540

 

14,602

 

38,142