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Inventory (Tables) | 6 Months Ended
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Jun. 30, 2021
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| June 30, 2021 |  | December 31, 2020
Homes under construction | $ | 4,079,383 |  |  | $ | 3,086,740 |
Land under development | 3,808,810 |  |  | 4,137,318 |
Raw land | 490,758 |  |  | 497,740 |
| $ | 8,378,951 |  |  | $ | 7,721,798 |
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,
| 2021 |  | 2020 |  | 2021 |  | 2020
Interest in inventory, beginning of period | $ | 193,352 |  |  | $ | 213,425 |  |  | $ | 193,409 |  |  | $ | 210,383 |
Interest capitalized | 31,476 |  |  | 39,686 |  |  | 66,103 |  |  | 79,599 |
Interest expensed | (39,395) |  |  | (45,169) |  |  | (74,079) |  |  | (82,040) |
Interest in inventory, end of period | $ | 185,433 |  |  | $ | 207,942 |  |  | $ | 185,433 |  |  | $ | 207,942 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of June 30, 2021 and December 31, 2020 ($000’s omitted):
| June 30, 2021 |  |  |  | December 31, 2020
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |  |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |
Land options with VIEs | $ | 126,617 |  |  | $ | 1,866,043 |  |  |  |  | $ | 126,900 |  |  | $ | 1,586,551 |  |  |
Other land options | 200,303 |  |  | 2,889,793 |  |  |  |  | 164,964 |  |  | 2,187,017 |  |  |
| $ | 326,920 |  |  | $ | 4,755,836 |  |  |  |  | $ | 291,864 |  |  | $ | 3,773,568 |  |  |
Schedule Of Impairment Losses | We recorded the following land-related charges ($000's omitted):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, 2021 |  | June 30, 2020
| Statement of Operations Classification | 2021 |  | 2020 |  | 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 | 19 |  |  | 142 |  |  | 19 |  |  | 152 |
Write-offs of deposits and pre-acquisition costs | Other expense, net | 1,866 |  |  | 2,311 |  |  | 3,235 |  |  | 6,643 |
|  | $ | 1,885 |  |  | $ | 2,453 |  |  | $ | 3,254 |  |  | $ | 12,181 |

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