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Real Estate and Capitalized Interest (Details 3) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
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| Summary of capitalized interest | ||||||||||
| Capitalized interest, beginning of period | $ 17,836 | $ 13,205 | $ 14,810 | $ 11,679 | ||||||
| Interest incurred | 11,654 | 10,848 | 33,819 | 32,545 | ||||||
| Interest expense | (5,009) | (7,517) | (18,718) | (23,036) | ||||||
| Interest amortized to cost of home, land closings and impairments | (4,296) | (2,421) | (9,726) | (7,073) | ||||||
| Capitalized interest, end of period | $ 20,185 | [1] | $ 14,115 | [1] | $ 20,185 | [1] | $ 14,115 | [1] | ||
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| X | ||||||||||
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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/2003/role/presentationRef
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- Definition
The amount of interest costs that had been capitalized to inventory which were charged to cost of sales during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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/2003/role/presentationRef
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- Details
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