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Inventory (Tables)
9 Months Ended
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 development3,849,816 4,137,318 
Raw land598,329 497,740 
$8,917,440 $7,721,798 
Capitalized Interest Rollforward Information related to interest capitalized into inventory is as follows ($000’s omitted):
Three Months EndedNine Months Ended
 September 30,September 30,
 2021202020212020
Interest in inventory, beginning of period$185,433 $207,942 $193,409 $210,383 
Interest capitalized31,707 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, 2021December 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 options213,120 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 ($000's omitted):
Three Months EndedNine Months Ended
 September 30, 2021September 30, 2020
 Statement of Operations Classification2021202020212020
Land impairmentsHome sale cost of revenues$— $54 $— $5,440 
Net realizable value ("NRV") adjustments - land held for saleLand sale and other cost of revenues— 19 155 
Write-offs of deposits and pre-acquisition costsOther expense, net3,567 1,692 6,801 8,335 
$3,567 $1,748 $6,820 $13,930