XML 28 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Inventory (Tables)
3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory were as follows ($000’s omitted): 
 
March 31,
2018
 
December 31,
2017
Homes under construction
$
2,716,264

 
$
2,421,405

Land under development
4,194,869

 
4,135,814

Raw land
553,895

 
589,911

 
$
7,465,028

 
$
7,147,130

Capitalized Interest Rollforward
Information related to interest capitalized into inventory is as follows ($000’s omitted):
 
Three Months Ended
 
March 31,
 
2018
 
2017
Interest in inventory, beginning of period
$
226,611

 
$
186,097

Interest capitalized
43,960

 
44,923

Interest expensed
(30,558
)
 
(27,192
)
Interest in inventory, end of period
$
240,013

 
$
203,828

Schedule Of Company Interests In Land Option Agreements
The following provides a summary of our interests in land option agreements as of March 31, 2018 and December 31, 2017 ($000’s omitted): 
 
March 31, 2018
 
December 31, 2017
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
Land options with VIEs
$
70,600

 
$
820,231

 
$
78,889

 
$
977,480

Other land options
140,277

 
1,487,583

 
129,098

 
1,485,099

 
$
210,877

 
$
2,307,814

 
$
207,987

 
$
2,462,579