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Inventory (Tables) | 9 Months Ended
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Sep. 30, 2016
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| September 30, 2016 |  | December 31, 2015
Homes under construction | $ | 2,259,830 |  |  | $ | 1,408,260 |
Land under development | 3,946,132 |  |  | 3,259,066 |
Raw land | 744,280 |  |  | 782,732 |
| $ | 6,950,242 |  |  | $ | 5,450,058 |
Capitalized Interest Rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Interest in inventory, beginning of period | $ | 167,488 |  |  | $ | 164,384 |  |  | $ | 149,498 |  |  | $ | 167,638 |
Interest capitalized | 42,030 |  |  | 28,006 |  |  | 115,545 |  |  | 90,105 |
Interest expensed | (32,857 | ) |  | (36,609 | ) |  | (88,382 | ) |  | (101,962 | )
Interest in inventory, end of period | $ | 176,661 |  |  | $ | 155,781 |  |  | $ | 176,661 |  |  | $ | 155,781 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of September 30, 2016 and December 31, 2015 ($000’s omitted):
| September 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 | $ | 69,279 |  |  | $ | 922,624 |  |  | $ | 77,641 |  |  | $ | 1,064,506 |
Other land options | 104,408 |  |  | 1,242,821 |  |  | 84,478 |  |  | 981,687 |
| $ | 173,687 |  |  | $ | 2,165,445 |  |  | $ | 162,119 |  |  | $ | 2,046,193 |

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