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Inventory (Tables) | 9 Months Ended
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Sep. 30, 2020
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| September 30, 2020 |  | December 31, 2019
Homes under construction | $ | 3,065,801 |  |  | $ | 2,899,016 |
Land under development | 4,139,123 |  |  | 4,347,107 |
Raw land | 410,547 |  |  | 434,491 |
| $ | 7,615,471 |  |  | $ | 7,680,614 |
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,
| 2020 |  | 2019 |  | 2020 |  | 2019
Interest in inventory, beginning of period | $ | 207,942 |  |  | $ | 234,709 |  |  | $ | 210,383 |  |  | $ | 227,495 |
Interest capitalized | 40,044 |  |  | 39,893 |  |  | 119,643 |  |  | 123,924 |
Interest expensed | (46,841 | ) |  | (46,040 | ) |  | (128,881 | ) |  | (122,857 | )
Interest in inventory, end of period | $ | 201,145 |  |  | $ | 228,562 |  |  | $ | 201,145 |  |  | $ | 228,562 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of September 30, 2020 and December 31, 2019 ($000’s omitted):
| September 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 | $ | 115,420 |  |  | $ | 1,497,721 |  |  | $ | 123,775 |  |  | $ | 1,466,585 |
Other land options | 174,936 |  |  | 2,189,012 |  |  | 175,662 |  |  | 1,755,377 |
| $ | 290,356 |  |  | $ | 3,686,733 |  |  | $ | 299,437 |  |  | $ | 3,221,962 |
Schedule Of Impairment Losses | We recorded the following land-related charges ($000's omitted):
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, 2020 |  | September 30, 2019
| Statement of Operations Classification | 2020 |  | 2019 |  | 2020 |  | 2019
Land impairments | Home sale cost of revenues | $ | 54 |  |  | $ | 5,919 |  |  | $ | 5,440 |  |  | $ | 6,007 |
Net realizable value ("NRV") adjustments - land held for sale | Land sale and other cost of revenues | 2 |  |  | 2,366 |  |  | 155 |  |  | 3,654 |
Write-offs of deposits and pre-acquisition costs | Other expense, net | 1,692 |  |  | 2,455 |  |  | 8,335 |  |  | 7,888 |
|  | $ | 1,748 |  |  | $ | 10,740 |  |  | $ | 13,930 |  |  | $ | 17,549 |

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