Interest

3 Months Ended

Dec. 31, 2011

Real Estate Inventory Capitalized Interest Costs [Abstract]

Interest

(5) Interest

Our ability to capitalize all interest incurred during the three months ended December 31, 2011 and 2010 has been limited by our inventory eligible for capitalization. The following table sets forth certain information regarding interest (in thousands):

	Three Months Ended December 31,
	2011			2010
Capitalized interest in inventory, beginning of period	$	45,973		$	36,884
Interest incurred		32,525			32,366
Capitalized interest impaired		(28	)		—
Interest expense not qualified for capitalization and included as other expense		(19,117	)		(18,923	)
Capitalized interest amortized to house construction and land sales expenses		(12,843	)		(6,894	)
Capitalized interest in inventory, end of period	$	46,510		$	43,433