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Capitalized Interest (Tables)
6 Months Ended
Jun. 30, 2015
Interest Costs Incurred [Abstract]  
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 six months ended June 30, 2015 and 2014 was as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Interest capitalized, beginning of period

 

$

4,271

 

 

$

3,618

 

 

$

4,072

 

 

$

3,294

 

Interest incurred

 

 

6,262

 

 

 

6,200

 

 

 

12,525

 

 

 

12,423

 

Interest charged to interest expense

 

 

(5,956

)

 

 

(5,723

)

 

 

(11,874

)

 

 

(11,517

)

Interest charged to cost of sales

 

 

(245

)

 

 

(285

)

 

 

(391

)

 

 

(390

)

Interest capitalized, end of period

 

$

4,332

 

 

$

3,810

 

 

$

4,332

 

 

$

3,810