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Inventory (Tables)
6 Months Ended
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 development3,808,810 4,137,318 
Raw land490,758 497,740 
$8,378,951 $7,721,798 
Capitalized Interest Rollforward Information related to interest capitalized into inventory is as follows ($000’s omitted):
Three Months EndedSix Months Ended
 June 30,June 30,
 2021202020212020
Interest in inventory, beginning of period$193,352 $213,425 $193,409 $210,383 
Interest capitalized31,476 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, 2021December 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 options200,303 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 ($000's omitted):
Three Months EndedSix Months Ended
 June 30, 2021June 30, 2020
 Statement of Operations Classification2021202020212020
Land impairmentsHome sale cost of revenues$— $— $— $5,386 
Net realizable value ("NRV") adjustments - land held for saleLand sale and other cost of revenues19 142 19 152 
Write-offs of deposits and pre-acquisition costsOther expense, net1,866 2,311 3,235 6,643 
$1,885 $2,453 $3,254 $12,181