XML 22 R10.htm IDEA: XBRL DOCUMENT

Land Under Development	6 Months Ended
Land Under Development	Jun. 30, 2024
Real Estate [Abstract]
Land Under Development	Land Under Development On a limited basis, we directly acquire raw land parcels already zoned for its intended use to develop into finished lots. Land under development includes the land acquisition costs, direct improvement costs, capitalized interest, where applicable, and real estate taxes. During the first quarter of 2024, we purchased a raw land parcel for approximately $20,000, which is expected to produce approximately 850 lots. As of June 30, 2024, we owned land with a carrying value of $61,512 that will be developed into approximately 2,600 finished lots. As of December 31, 2023, the carrying value of land under development was $36,895. None of the raw parcels had any indicators of impairment as of June 30, 2024