Interest (Tables)

6 Months Ended

Mar. 31, 2015

Real Estate [Abstract]

Real Estate Inventory, Capitalized Interest Costs

The following table presents certain information regarding interest for the periods presented:

	Three Months Ended March 31,						Six Months Ended March 31,
(In thousands)	2015			2014			2015			2014
Capitalized interest in inventory, beginning of period	$	99,868		$	61,836		$	87,619		$	52,562
Interest incurred	30,259			32,458			60,542			64,899
Interest expense not qualified for capitalization and included as other expense (a)	(7,695		)	(14,659		)	(17,442		)	(30,691		)
Capitalized interest amortized to house construction and land sales expenses (b)	(9,956		)	(7,379		)	(18,243		)	(14,514		)
Capitalized interest in inventory, end of period	$	112,476		$	72,256		$	112,476		$	72,256