Housing Inventories (Tables)

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Summary of activity that relates to capitalized interest

The following table summarizes the activity that relates to capitalized interest:

(in thousands)	2015			2014
Capitalized interest at January 1	$	107,810		$	89,619
Interest capitalized	31,840			34,283
Interest amortized to cost of sales	(22,036		)	(22,246		)
Capitalized interest at June 30	$	117,614		$	101,656
Interest incurred	$	31,840		$	34,283

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

The following table summarizes each reporting segment’s total number of lots owned and lots controlled under option agreements:

	JUNE 30, 2015			DECEMBER 31, 2014
	LOTS	LOTS		LOTS	LOTS
	OWNED	OPTIONED	TOTAL	OWNED	OPTIONED	TOTAL
North	7,817	6,692	14,509	7,396	6,335	13,731
Southeast	8,913	3,639	12,552	8,646	3,535	12,181
Texas	3,996	2,427	6,423	3,938	3,083	7,021
West	5,364	953	6,317	5,323	717	6,040
Total	26,090	13,711	39,801	25,303	13,670	38,973