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Capitalized Interest (Tables)
6 Months Ended
Jun. 30, 2017
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 six months ended June 30, 2017 and 2016 was as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Interest capitalized, beginning of period

 

$

5,564

 

 

$

5,358

 

 

$

5,106

 

 

$

4,434

 

Interest incurred

 

 

6,580

 

 

 

6,397

 

 

 

13,139

 

 

 

12,785

 

Interest charged to interest expense

 

 

(5,914

)

 

 

(4,814

)

 

 

(11,750

)

 

 

(9,902

)

Interest charged to cost of sales

 

 

(278

)

 

 

(2,365

)

 

 

(543

)

 

 

(2,741

)

Interest capitalized, end of period

 

$

5,952

 

 

$

4,576

 

 

$

5,952

 

 

$

4,576