Quarterly report [Sections 13 or 15(d)]

REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details)

v3.25.2
REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Summary of capitalized interest        
Capitalized interest, beginning of period $ 57,107 $ 54,227 $ 53,678 $ 54,516
Interest incurred 19,995 14,327 34,709 27,252
Interest expensed 0 0 0 0
Interest amortized to cost of home and land closings (13,288) (14,227) (24,573) (27,441)
Capitalized interest, end of period $ 63,814 $ 54,327 $ 63,814 $ 54,327