XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

Inventory (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| June 30, 2020 |  | December 31, 2019
Homes under construction | $ | 3,125,369 |  |  | $ | 2,899,016 |
Land under development | 4,076,492 |  |  | 4,347,107 |
Raw land | 382,878 |  |  | 434,491 |
| $ | 7,584,739 |  |  | $ | 7,680,614 |
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,
| 2020 |  | 2019 |  | 2020 |  | 2019
Interest in inventory, beginning of period | $ | 213,425 |  |  | $ | 235,313 |  |  | $ | 210,383 |  |  | $ | 227,495 |
Interest capitalized | 39,686 |  |  | 41,650 |  |  | 79,599 |  |  | 84,031 |
Interest expensed | (45,169 | ) |  | (42,254 | ) |  | (82,040 | ) |  | (76,817 | )
Interest in inventory, end of period | $ | 207,942 |  |  | $ | 234,709 |  |  | $ | 207,942 |  |  | $ | 234,709 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of June 30, 2020 and December 31, 2019 ($000’s omitted):
| June 30, 2020 |  | December 31, 2019
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price
Land options with VIEs | $ | 118,138 |  |  | $ | 1,451,952 |  |  | $ | 123,775 |  |  | $ | 1,466,585 |
Other land options | 183,266 |  |  | 2,080,674 |  |  | 175,662 |  |  | 1,755,377 |
| $ | 301,404 |  |  | $ | 3,532,626 |  |  | $ | 299,437 |  |  | $ | 3,221,962 |
Schedule Of Impairment Losses | We recorded the following land-related charges ($000's omitted):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, 2020 |  | June 30, 2019
| Statement of Operations Classification | 2020 |  | 2019 |  | 2020 |  | 2019
Land impairments | Home sale cost of revenues | $ | — |  |  | $ | 88 |  |  | $ | 5,386 |  |  | $ | 88 |
Net realizable value ("NRV") adjustments - land held for sale | Land sale and other cost of revenues | 142 |  |  | 1,227 |  |  | 152 |  |  | 1,289 |
Write-offs of deposits and pre-acquisition costs | Other expense, net | 2,311 |  |  | 2,516 |  |  | 6,643 |  |  | 5,433 |
|  | $ | 2,453 |  |  | $ | 3,831 |  |  | $ | 12,181 |  |  | $ | 6,810 |

X
- Definition Components of homebuilder inventory + References No definition available. + Details
Name: | phm_ComponentsOfInventoryTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Homebuilder capitalized interest rollforward [Table Text Block] + References No definition available. + Details
Name: | phm_HomebuilderCapitalizedInterestRollforwardTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Company Interests In Land Option Agreements [Table Text Block] + References No definition available. + Details
Name: | phm_ScheduleOfCompanyInterestsInLandOptionAgreementsTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Impairment Losses [Table Text Block] + References No definition available. + Details
Name: | phm_ScheduleOfImpairmentLossesTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration