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 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Summary of capitalized interest        
Capitalized interest, beginning of period $ 78,162 $ 89,414 $ 82,014 $ 88,454
Interest incurred 17,550 21,465 34,085 42,908
Interest expensed (2,105) (3,197) (2,121) (7,282)
Interest amortized to cost of home and land closings (20,725) (19,375) (41,096) (35,773)
Capitalized interest, end of period $ 72,882 $ 88,307 $ 72,882 $ 88,307