v3.26.1
Inventory and Capitalized Interest Inventory (Tables)
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
A summary of the Company’s inventory as of March 31, 2026 and December 31, 2025 is as follows:
(In thousands)March 31, 2026December 31, 2025
Single-family lots, land and land development costs$1,866,252 $1,881,158 
Land held for sale31,961 13,599 
Homes under construction1,267,202 1,282,608 
Model homes and furnishings - at cost (less accumulated depreciation: March 31, 2026 - $14,381;
   December 31, 2025 - $14,073)
92,804 91,492 
Community development district infrastructure12,884 10,209 
Land purchase deposits83,943 74,545 
Consolidated inventory not owned44,055 30,330 
Total inventory$3,399,101 $3,383,941 
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block] A summary of capitalized interest for the three months ended March 31, 2026 and 2025 is as follows:
Three Months Ended March 31,
(In thousands)20262025
Capitalized interest, beginning of period$41,799 $35,953 
Interest capitalized to inventory8,944 8,970 
Capitalized interest charged to land and housing costs and expenses(6,694)(6,901)
Capitalized interest, end of period$44,049 $38,022 
Interest incurred - net$5,839 $3,773