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Inventory (Tables) | 3 Months Ended
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Mar. 31, 2017
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| March 31, 2017 |  | December 31, 2016
Homes under construction | $ | 2,149,799 |  |  | $ | 1,921,259 |
Land under development | 4,181,691 |  |  | 4,072,109 |
Raw land | 696,845 |  |  | 777,287 |
| $ | 7,028,335 |  |  | $ | 6,770,655 |
Capitalized Interest Rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Three Months Ended
| March 31,
| 2017 |  | 2016
Interest in inventory, beginning of period | $ | 186,097 |  |  | $ | 149,498 |
Interest capitalized | 44,923 |  |  | 35,284 |
Interest expensed | (27,192 | ) |  | (26,129 | )
Interest in inventory, end of period | $ | 203,828 |  |  | $ | 158,653 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of March 31, 2017 and December 31, 2016 ($000’s omitted):
| March 31, 2017 |  | December 31, 2016
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price
Land options with VIEs | $ | 71,558 |  |  | $ | 842,784 |  |  | $ | 68,527 |  |  | $ | 849,901 |
Other land options | 124,159 |  |  | 1,149,377 |  |  | 126,909 |  |  | 1,252,662 |
| $ | 195,717 |  |  | $ | 1,992,161 |  |  | $ | 195,436 |  |  | $ | 2,102,563 |

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