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Capitalized Interest
 12 Months Ended
Dec. 31, 2019
Capitalized Interest Costs, Including Allowance for Funds Used During Construction [Abstract]  
Capitalized Interest Capitalized Interest
We capitalize interest costs to land under development during the active development of finished lots. In addition, we capitalize interest costs to our joint venture investments while the investments are considered qualified assets pursuant to ASC 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 our 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.
Our interest costs incurred, capitalized, expensed and charged to cost of sales during the years ended December 31, 2019, 2018 and 2017 was as follows:
 
 
December 31,
 
 
2019
 
2018
 
2017
Interest capitalized, beginning of year
 
$
4,154

 
$
5,583

 
$
5,106

Interest incurred
 
26,463

 
26,277

 
26,384

Interest charged to interest expense
 
(25,380
)
 
(25,081
)
 
(24,185
)
Interest charged to cost of sales
 
(1,738
)
 
(2,625
)
 
(1,722
)
Interest capitalized, end of year
 
$
3,499

 
$
4,154

 
$
5,583