REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
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| Summary of capitalized interest | ||||
| Capitalized interest, beginning of period | $ 72,882 | $ 88,307 | $ 82,014 | $ 88,454 |
| Interest incurred | 16,103 | 21,319 | 50,188 | 64,227 |
| Interest expensed | (55) | (1,068) | (2,176) | (8,350) |
| Interest amortized to cost of home and land closings | (21,380) | (20,363) | (62,476) | (56,136) |
| Capitalized interest, end of period | $ 67,550 | $ 88,195 | $ 67,550 | $ 88,195 |
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest cost charged to cost of sales that had been previously capitalized to inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of interest capitalized to an operative builder's inventory during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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