Real Estate and Capitalized Interest (Details 2) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
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Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
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Summary of capitalized interest | ||||||
Capitalized interest, beginning of period | $ 58,870 | $ 44,355 | $ 54,060 | $ 32,992 | ||
Interest incurred | 17,857 | 14,695 | 49,665 | 43,333 | ||
Interest expensed | (4,187) | (460) | (11,962) | (4,569) | ||
Interest amortized to cost of home and land closings | (11,144) | (8,135) | (30,367) | (21,301) | ||
Capitalized interest, end of period | [1] | 61,396 | $ 50,455 | 61,396 | $ 50,455 | |
Equity Method Land Ventures [Member] | ||||||
Summary of capitalized interest | ||||||
Capitalized interest, beginning of period | 490 | |||||
Capitalized interest, end of period | $ 468 | $ 468 | ||||
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying amount as of the balance sheet date of interest costs that were capitalized to properties under development during the land development and construction period of a project, and which are included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of interest costs that had been capitalized to inventory which were charged to cost of sales during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of interest capitalized to an operative builder's inventory during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Details
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