Inventory (Tables)

9 Months Ended

Sep. 30, 2020

Major components of inventory were as follows ($000’s omitted):

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

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

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