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Capitalized Interest
 6 Months Ended
Jun. 30, 2018
Capitalized Interest Costs, Including Allowance for Funds Used During Construction [Abstract]  
Capitalized Interest
Capitalized Interest
The Company capitalizes interest costs to land under development during the active development of finished lots.  In addition, the Company capitalizes interest costs to its joint venture investments while the investments are considered qualified assets pursuant to ASC Topic 835-20 - Interest. Capitalized interest is transferred to sold or unsold inventory as the development of finished lots is completed, then charged to cost of sales upon the Company’s settlement of homes and the respective lots.  Interest incurred in excess of the interest capitalizable based on the level of qualified assets is expensed in the period incurred.
The following table reflects the changes in the Company's capitalized interest during the three and six months ended June 30, 2018 and 2017:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Interest capitalized, beginning of period
 
$
5,545

 
$
5,564

 
$
5,583

 
$
5,106

Interest incurred
 
6,624

 
6,580

 
13,220

 
13,139

Interest charged to interest expense
 
(6,329
)
 
(5,914
)
 
(12,611
)
 
(11,750
)
Interest charged to cost of sales
 
(452
)
 
(278
)
 
(804
)
 
(543
)
Interest capitalized, end of period
 
$
5,388

 
$
5,952

 
$
5,388

 
$
5,952