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 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Summary of capitalized interest        
Capitalized interest, beginning of period $ 56,710 $ 72,882 $ 58,940 $ 82,014
Interest incurred 15,212 16,103 47,625 50,188
Interest expensed (79) (55) (246) (2,176)
Interest amortized to cost of home and land closings (14,550) (21,380) (49,026) (62,476)
Capitalized interest, end of period $ 57,293 $ 67,550 $ 57,293 $ 67,550