REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
3 Months Ended | |||
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Mar. 31, 2017 |
Mar. 31, 2016 |
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| Summary of capitalized interest | ||||
| Capitalized interest, beginning of period | $ 68,196 | $ 61,202 | ||
| Interest incurred | 17,895 | 17,559 | ||
| Interest expensed | (825) | (3,288) | ||
| Interest amortized to cost of home and land closings | (14,381) | (11,347) | ||
| Capitalized interest, end of period | [1] | 70,885 | $ 64,126 | |
| Equity-method land ventures [Member] | ||||
| Summary of capitalized interest | ||||
| Capitalized interest, beginning of period | 130 | |||
| Capitalized interest, end of period | $ 47 | |||
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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 Amount of interest cost charged to cost of sales that had been previously capitalized to inventory. 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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