Real Estate and Capitalized Interest (Details 3) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |||||
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Mar. 31, 2013
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Mar. 31, 2012
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Summary of capitalized interest | ||||||
Capitalized interest, beginning of period | $ 21,600 | $ 14,810 | ||||
Interest incurred | 12,726 | 10,847 | ||||
Interest expense | (5,128) | (7,371) | ||||
Interest amortized to cost of home, land closings and impairments | (5,000) | (2,378) | ||||
Capitalized interest, end of period | $ 24,198 | [1] | $ 15,908 | [1] | ||
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X | ||||||||||
- 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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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
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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
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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
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X | ||||||||||
- Details
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