Capitalized Interest (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Interest Costs Incurred, Capitalized, Expensed and Charged to Cost of Sales

NVR’s interest costs incurred, capitalized, expensed and charged to cost of sales during the three and nine months ended September 30, 2014 and 2013 was as follows:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Interest capitalized, beginning of period	$	3,810		$	2,454		$	3,294		$	893
Interest incurred		6,293			6,287			18,716			18,801
Interest charged to interest expense		(5,775	)		(5,682	)		(17,292	)		(16,622	)
Interest charged to cost of sales		(301	)		(38	)		(691	)		(51	)

Interest capitalized, end of period	$	4,027		$	3,021		$	4,027		$	3,021