REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|||||
Summary of capitalized interest | |||||||
Capitalized interest, beginning of year | $ 54,060 | [1] | $ 32,992 | [1] | $ 21,600 | ||
Interest incurred | 67,542 | 58,374 | 51,152 | ||||
Interest expensed | (15,965) | (5,163) | (15,092) | ||||
Interest amortized to cost of home and land closings | (44,435) | (32,143) | (24,668) | ||||
Capitalized interest, end of year | [1] | 61,202 | 54,060 | 32,992 | |||
Equity Method Land Ventures [Member] | |||||||
Summary of capitalized interest | |||||||
Capitalized interest, beginning of year | 490 | 511 | |||||
Capitalized interest, end of year | $ 445 | $ 490 | $ 511 | ||||
|
X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- 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
|
X | ||||||||||
- 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
|
X | ||||||||||
- Definition The amount of interest capitalized to an operative builder's inventory during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- 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.
|
X | ||||||||||
- Details
|