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Inventory (Tables) | 9 Months Ended
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Sep. 30, 2021
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| September 30, 2021 |  | December 31, 2020
Homes under construction | $ | 4,469,295 |  |  | $ | 3,086,740 |
Land under development | 3,849,816 |  |  | 4,137,318 |
Raw land | 598,329 |  |  | 497,740 |
| $ | 8,917,440 |  |  | $ | 7,721,798 |
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,
| 2021 |  | 2020 |  | 2021 |  | 2020
Interest in inventory, beginning of period | $ | 185,433 |  |  | $ | 207,942 |  |  | $ | 193,409 |  |  | $ | 210,383 |
Interest capitalized | 31,707 |  |  | 40,044 |  |  | 97,809 |  |  | 119,643 |
Interest expensed | (41,897) |  |  | (46,841) |  |  | (115,975) |  |  | (128,881) |
Interest in inventory, end of period | $ | 175,243 |  |  | $ | 201,145 |  |  | $ | 175,243 |  |  | $ | 201,145 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of September 30, 2021 and December 31, 2020 ($000’s omitted):
| September 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 | $ | 141,168 |  |  | $ | 2,163,429 |  |  |  |  | $ | 126,900 |  |  | $ | 1,586,551 |  |  |
Other land options | 213,120 |  |  | 3,125,454 |  |  |  |  | 164,964 |  |  | 2,187,017 |  |  |
| $ | 354,288 |  |  | $ | 5,288,883 |  |  |  |  | $ | 291,864 |  |  | $ | 3,773,568 |  |  |
Schedule Of Impairment Losses | We recorded the following land-related charges ($000's omitted):
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, 2021 |  | September 30, 2020
| Statement of Operations Classification | 2021 |  | 2020 |  | 2021 |  | 2020
Land impairments | Home sale cost of revenues | $ | — |  |  | $ | 54 |  |  | $ | — |  |  | $ | 5,440 |
Net realizable value ("NRV") adjustments - land held for sale | Land sale and other cost of revenues | — |  |  | 2 |  |  | 19 |  |  | 155 |
Write-offs of deposits and pre-acquisition costs | Other expense, net | 3,567 |  |  | 1,692 |  |  | 6,801 |  |  | 8,335 |
|  | $ | 3,567 |  |  | $ | 1,748 |  |  | $ | 6,820 |  |  | $ | 13,930 |

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