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Capitalized Interest (Tables)
9 Months Ended
Sep. 30, 2015
Interest Costs Incurred Capitalized [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 nine months ended September 30, 2015 and 2014 was as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Interest capitalized, beginning of period

 

$

4,332

 

 

$

3,810

 

 

$

4,072

 

 

$

3,294

 

Interest incurred

 

 

6,317

 

 

 

6,293

 

 

 

18,842

 

 

 

18,716

 

Interest charged to interest expense

 

 

(6,081

)

 

 

(5,775

)

 

 

(17,955

)

 

 

(17,292

)

Interest charged to cost of sales

 

 

(288

)

 

 

(301

)

 

 

(679

)

 

 

(691

)

Interest capitalized, end of period

 

$

4,280

 

 

$

4,027

 

 

$

4,280

 

 

$

4,027