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Inventory And Land Held For Sale (Tables)
 12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory at December 31, 2015 and 2014 were ($000’s omitted):
 
2015
 
2014
Homes under construction
$
1,408,260

 
$
1,084,137

Land under development
3,259,066

 
2,545,049

Raw land
782,732

 
762,914

 
$
5,450,058

 
$
4,392,100
Capitalized Interest Rollforward
Activity related to interest capitalized into inventory is as follows ($000’s omitted):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Interest in inventory, beginning of period
$
167,638

 
$
230,922

 
$
331,880

Interest capitalized
120,001

 
131,444

 
154,107

Interest expensed
(138,141
)
 
(194,728
)
 
(255,065
)
Interest in inventory, end of period
$
149,498

 
$
167,638

 
$
230,922
Land-related Charges
We recorded the following land-related charges ($000's omitted):
 
2015
 
2014
 
2013
Land impairments
$
7,347

 
$
3,911

 
$
2,944

Net realizable value adjustments ("NRV") - land held for sale
(901
)
 
1,158

 
3,606

Write-offs of deposits and pre-acquisition costs
5,021

 
6,099

 
3,122

Total land-related charges
$
11,467

 
$
11,168

 
$
9,672
Land Held for Sale
Land held for sale at December 31, 2015 and 2014 was as follows ($000’s omitted):
 
 
2015
 
2014
Land held for sale, gross
$
86,913

 
$
108,725

Net realizable value reserves
(5,421
)
 
(7,535
)
Land held for sale, net
$
81,492

 
$
101,190