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Inventory (Tables)
9 Months Ended
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