Quarterly report pursuant to Section 13 or 15(d)

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

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REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Summary of capitalized interest    
Capitalized interest, beginning of period $ 82,014 $ 88,454
Interest incurred 16,535 21,443
Interest expensed (16) (4,085)
Interest amortized to cost of home and land closings (20,371) (16,398)
Capitalized interest, end of period $ 78,162 $ 89,414