REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
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Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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| Summary of capitalized interest | |||||||
| Capitalized interest, beginning of year | $ 82,014 | [1] | $ 88,454 | [1] | $ 78,564 | ||
| Interest incurred | 66,289 | 83,856 | 85,278 | ||||
| Interest expensed | (2,177) | (8,370) | (785) | ||||
| Interest amortized to cost of home and land closings | (87,186) | (81,926) | (74,603) | ||||
| Capitalized interest, end of year | [1] | $ 58,940 | $ 82,014 | $ 88,454 | |||
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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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