REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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| Summary of capitalized interest | |||||||
| Capitalized interest, beginning of year | $ 54,516 | [1] | $ 60,169 | [1] | $ 56,253 | ||
| Interest incurred | 52,717 | 57,759 | 60,599 | ||||
| Interest expensed | 0 | 0 | (41) | ||||
| Interest amortized to cost of home and land closings | (53,555) | (63,412) | (56,642) | ||||
| Capitalized interest, end of year | [1] | $ 53,678 | $ 54,516 | $ 60,169 | |||
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing 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://www.xbrl.org/2009/role/commonPracticeRef
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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/2009/role/commonPracticeRef
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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/2009/role/commonPracticeRef
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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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