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Inventory (Tables) | 6 Months Ended
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Jun. 30, 2016
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| June 30, 2016 |  | December 31, 2015
Homes under construction | $ | 2,058,479 |  |  | $ | 1,408,260 |
Land under development | 3,704,857 |  |  | 3,259,066 |
Raw land | 866,128 |  |  | 782,732 |
| $ | 6,629,464 |  |  | $ | 5,450,058 |
Capitalized Interest Rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Interest in inventory, beginning of period | $ | 158,653 |  |  | $ | 166,887 |  |  | $ | 149,498 |  |  | $ | 167,638 |
Interest capitalized | 38,231 |  |  | 31,296 |  |  | 73,515 |  |  | 62,099 |
Interest expensed | (29,396 | ) |  | (33,799 | ) |  | (55,525 | ) |  | (65,353 | )
Interest in inventory, end of period | $ | 167,488 |  |  | $ | 164,384 |  |  | $ | 167,488 |  |  | $ | 164,384 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of June 30, 2016 and December 31, 2015 ($000’s omitted):
| June 30, 2016 |  | December 31, 2015
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price
Land options with VIEs | $ | 80,063 |  |  | $ | 928,327 |  |  | $ | 77,641 |  |  | $ | 1,064,506 |
Other land options | 98,744 |  |  | 1,165,813 |  |  | 84,478 |  |  | 981,687 |
| $ | 178,807 |  |  | $ | 2,094,140 |  |  | $ | 162,119 |  |  | $ | 2,046,193 |

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