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Capitalized Interest (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2015, 2014 and 2013 was as follows:

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Interest capitalized, beginning of year

 

$

4,072

 

 

$

3,294

 

 

$

893

 

Interest incurred

 

 

25,155

 

 

 

24,994

 

 

 

25,048

 

Interest charged to interest expense

 

 

(23,559

)

 

 

(23,140

)

 

 

(22,385

)

Interest charged to cost of sales

 

 

(1,234

)

 

 

(1,076

)

 

 

(262

)

Interest capitalized, end of year

 

$

4,434

 

 

$

4,072

 

 

$

3,294