REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
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Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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| Summary of capitalized interest | |||||||
| Capitalized interest, beginning of year | $ 68,196 | [1] | $ 61,202 | [1] | $ 54,060 | ||
| Interest incurred | 79,045 | 70,348 | 67,542 | ||||
| Interest expensed | (3,853) | (5,172) | (15,965) | ||||
| Interest amortized to cost of home and land closings | (64,824) | (58,182) | (44,435) | ||||
| Capitalized interest, end of year | [1] | $ 78,564 | $ 68,196 | $ 61,202 | |||
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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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