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Interest
6 Months Ended
Mar. 31, 2013
Real Estate Inventory Capitalized Interest Costs [Abstract]  
Interest
Interest
Our ability to capitalize all interest incurred during the three and six months ended March 31, 2013 and 2012 has been limited by our inventory eligible for capitalization. The following table sets forth certain information regarding interest:
 
Three Months Ended March 31,
 
Six Months Ended March 31,
(In thousands)
2013
 
2012
 
2013
 
2012
Capitalized interest in inventory, beginning of period
$
41,922

 
$
46,510

 
$
38,190

 
$
45,973

Interest incurred
29,177

 
32,190

 
57,595

 
64,715

Capitalized interest impaired

 
(25
)
 

 
(53
)
Interest expense not qualified for capitalization and included as other expense
(16,246
)
 
(18,797
)
 
(32,457
)
 
(37,914
)
Capitalized interest amortized to house construction and land sales expenses
(9,352
)
 
(12,636
)
 
(17,827
)
 
(25,479
)
Capitalized interest in inventory, end of period
$
45,501

 
$
47,242

 
$
45,501

 
$
47,242