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Inventory (Tables) | 3 Months Ended
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Mar. 31, 2021
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| March 31, 2021 |  | December 31, 2020
Homes under construction | $ | 3,594,406 |  |  | $ | 3,086,740 |
Land under development | 3,913,349 |  |  | 4,137,318 |
Raw land | 467,456 |  |  | 497,740 |
| $ | 7,975,211 |  |  | $ | 7,721,798 |
Capitalized Interest Rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Three Months Ended |  |
| March 31, |  |
| 2021 |  | 2020 |  |  |  |
Interest in inventory, beginning of period | $ | 193,409 |  |  | $ | 210,383 |  |  |  |  |
Interest capitalized | 34,627 |  |  | 39,913 |  |  |  |  |
Interest expensed | (34,684) |  |  | (36,871) |  |  |  |  |
Interest in inventory, end of period | $ | 193,352 |  |  | $ | 213,425 |  |  |  |  |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of March 31, 2021 and December 31, 2020 ($000’s omitted):
| March 31, 2021 |  |  |  | December 31, 2020
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |  |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |
Land options with VIEs | $ | 142,771 |  |  | $ | 1,844,131 |  |  |  |  | $ | 126,900 |  |  | $ | 1,586,551 |  |  |
Other land options | 177,049 |  |  | 2,460,589 |  |  |  |  | 164,964 |  |  | 2,187,017 |  |  |
| $ | 319,820 |  |  | $ | 4,304,720 |  |  |  |  | $ | 291,864 |  |  | $ | 3,773,568 |  |  |
Schedule Of Impairment Losses | We recorded the following land-related charges ($000's omitted):
|  | Three Months Ended |  |
|  | March 31, |  |
| Statement of Operations Classification | 2021 |  | 2020 |  |  |  |
Land impairments | Home sale cost of revenues | $ | — |  |  | $ | 5,386 |  |  |  |  |
Net realizable value ("NRV") adjustments - land held for sale | Land sale and other cost of revenues | — |  |  | 11 |  |  |  |  |
Write-offs of deposits and pre-acquisition costs | Other expense, net | 1,368 |  |  | 4,332 |  |  |  |  |
|  | $ | 1,368 |  |  | $ | 9,729 |  |  |  |  |

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