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Real Estate and Capitalized Interest (Details 3) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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| Summary of capitalized interest | ||||
| Capitalized interest, beginning of period | $ 15,908 | $ 12,309 | $ 14,810 | $ 11,679 |
| Interest incurred | 11,318 | 10,848 | 22,165 | 21,697 |
| Interest expense | (6,338) | (7,496) | (13,709) | (15,519) |
| Interest amortized to cost of home, land closings and impairments | (3,052) | (2,456) | (5,430) | (4,652) |
| Capitalized interest, end of period | $ 17,836 | $ 13,205 | $ 17,836 | $ 13,205 |
| 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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