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Interest
6 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Interest Interest
Interest capitalized during the three and six months ended March 31, 2024 and 2023 was based upon the balance of inventory eligible for capitalization. The following table presents certain information regarding interest for the periods presented:
Three Months Ended March 31,Six Months Ended March 31,
in thousands2024202320242023
Capitalized interest in inventory, beginning of period$119,596 $113,143 $112,580 $109,088 
Interest incurred19,689 18,034 37,895 35,864 
Capitalized interest amortized to home construction and land sales expenses(a)
(16,071)(17,291)(27,261)(31,066)
Capitalized interest in inventory, end of period$123,214 $113,886 $123,214 $113,886 
(a) Capitalized interest amortized to home construction and land sales expenses varies based on the number of homes closed during the period and land sales, if any, as well as other factors.