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Inventory (Tables) | 6 Months Ended
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Jun. 30, 2019
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| June 30, 2019 |  | December 31, 2018
Homes under construction | $ | 3,120,585 |  |  | $ | 2,630,158 |
Land under development | 4,229,633 |  |  | 4,129,225 |
Raw land | 452,274 |  |  | 493,970 |
| $ | 7,802,492 |  |  | $ | 7,253,353 |
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,
| 2019 |  | 2018 |  | 2019 |  | 2018
Interest in inventory, beginning of period | $ | 235,313 |  |  | $ | 240,013 |  |  | $ | 227,495 |  |  | $ | 226,611 |
Interest capitalized | 41,650 |  |  | 43,771 |  |  | 84,031 |  |  | 87,731 |
Interest expensed | (42,254 | ) |  | (40,157 | ) |  | (76,817 | ) |  | (70,715 | )
Interest in inventory, end of period | $ | 234,709 |  |  | $ | 243,627 |  |  | $ | 234,709 |  |  | $ | 243,627 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of June 30, 2019 and December 31, 2018 ($000’s omitted):
| June 30, 2019 |  | December 31, 2018
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price
Land options with VIEs | $ | 100,523 |  |  | $ | 1,109,963 |  |  | $ | 90,717 |  |  | $ | 1,079,507 |
Other land options | 154,907 |  |  | 1,693,446 |  |  | 127,851 |  |  | 1,522,903 |
| $ | 255,430 |  |  | $ | 2,803,409 |  |  | $ | 218,568 |  |  | $ | 2,602,410 |

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