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Capitalized Interest
6 Months Ended
Jun. 30, 2023
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 on our JV 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 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.
The following table reflects the changes in our capitalized interest during the three and six months ended June 30, 2023 and 2022:
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Interest capitalized, beginning of period$205 $640 $570 $593 
Interest incurred6,822 12,349 13,826 25,603 
Interest charged to interest expense(6,795)(12,257)(14,053)(25,423)
Interest charged to cost of sales(43)(52)(154)(93)
Interest capitalized, end of period$189 $680 $189 $680