XML 15 R23.htm IDEA: XBRL DOCUMENT

Inventory and Land Held for Sale (Tables)

6 Months Ended

Jun. 30, 2011

Inventory and Land Held for Sale

Major Components of Inventory


		June 30, 2011				December 31, 2010
Homes under construction		$	1,431,750			$	1,331,618
Land under development			2,601,005				2,541,829
Land held for future development			872,368				908,366

		$	4,905,123			$	4,781,813

Information Related to Interest Capitalized Into Homebuilding Inventory


		Three Months Ended June 30,								Six Months Ended June 30,
		2011				2010				2011				2010
Interest in inventory, beginning of period		$	344,754			$	281,261			$	323,379			$	239,365
Interest capitalized			55,946				67,289				112,137				136,185
Interest expensed			(41,894	)			(37,928	)			(76,710	)			(64,928	)

Interest in inventory, end of period		$	358,806			$	310,622			$	358,806			$	310,622

Interest incurred*		$	55,946			$	67,878			$	112,137			$	136,774

*	Homebuilding interest incurred includes interest on senior debt, short-term borrowings, and other financing arrangements and excludes interest incurred by the Financial Services segment and certain other interest costs.

Schedule of Impaired Communities and Related Charges


		2011												2010
Quarter Ended		Number of Communities Impaired				Fair Value of Communities Impaired, Net of Impairment Charges				Impairment Charges				Number of Communities Impaired				Fair Value of Communities Impaired, Net of Impairment Charges				Impairment Charges
March 31			1			$	0.5			$	0.1				10			$	7.2			$	4.5
June 30			6				6.7				3.3				16				35.1				25.6

										$	3.4											$	30.1

Land Held for Sale


		June 30, 2011				December 31, 2010
Land held for sale, gross		$	177,065			$	124,919
Net realizable value reserves			(48,906	)			(53,864	)

Land held for sale, net		$	128,159			$	71,055