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Inventory And Land Held For Sale (Tables) | 12 Months Ended
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Dec. 31, 2013
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory at December 31, 2013 and 2012 were ($000’s omitted):
| 2013 |  | 2012
Homes under construction | $ | 1,042,147 |  |  | $ | 1,116,184 |
Land under development | 2,189,387 |  |  | 2,435,378 |
Raw land | 747,027 |  |  | 662,484 |
| $ | 3,978,561 |  |  | $ | 4,214,046 |
Capitalized Interest Rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
Interest in inventory, beginning of period | $ | 331,880 |  |  | $ | 355,068 |  |  | $ | 323,379 |
Interest capitalized | 154,107 |  |  | 201,103 |  |  | 221,071 |
Interest expensed (a) | (255,065 | ) |  | (224,291 | ) |  | (189,382 | )
Interest in inventory, end of period | $ | 230,922 |  |  | $ | 331,880 |  |  | $ | 355,068 |
Interest incurred (b) | $ | 154,819 |  |  | $ | 201,103 |  |  | $ | 221,071 |
(a) | Interest expensed to Home sale cost of revenues for 2013, 2012, and 2011 included $2.9 million, $6.5 million, and $5.4 million, respectively, of capitalized interest write-offs related to land-related charges.
(b) | Homebuilding interest incurred includes interest on senior debt and certain other financing arrangements.
Land-related Charges | We recorded the following land-related charges during the three years ended December 31, 2013:
| 2013 |  | 2012 |  | 2011
Land impairments | $ | 2,944 |  |  | $ | 13,437 |  |  | $ | 15,940 |
Net realizable value adjustments ("NRV") - land held for sale | 3,606 |  |  | 1,480 |  |  | 9,844 |
Write-off of deposits and pre-acquisition costs | 3,122 |  |  | 2,278 |  |  | 10,002 |
Total land-related charges | $ | 9,672 |  |  | $ | 17,195 |  |  | $ | 35,786 |
Land Held for Sale | Land held for sale at December 31, 2013 and 2012 was as follows ($000’s omitted):
| 2013 |  | 2012
Land held for sale, gross | $ | 70,003 |  |  | $ | 135,201 |
Net realizable value reserves | (8,268 | ) |  | (44,097 | )
Land held for sale, net | $ | 61,735 |  |  | $ | 91,104 |

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- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
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