Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details)

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REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Summary of capitalized interest    
Capitalized interest, beginning of period $ 88,454 $ 78,564
Interest incurred 21,443 20,869
Interest expensed (4,085) (136)
Interest amortized to cost of home and land closings (16,398) (17,469)
Capitalized interest, end of period $ 89,414 $ 81,828