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Inventory (Tables)

3 Months Ended

Mar. 31, 2022

Inventory Disclosure [Abstract]

Components of Inventory

Major components of inventory were as follows ($000’s omitted):


			March 31, 2022						December 31, 2021
Homes under construction			$	5,045,782					$	4,225,309
Land under development			4,136,379						4,091,015
Raw land			687,728						731,245
			$	9,869,889					$	9,047,569

Capitalized Interest Rollforward

Information related to interest capitalized into inventory is as follows ($000’s omitted):


			Three Months Ended
			March 31,
			2022						2021
Interest in inventory, beginning of period			$	160,756					$	193,409
Interest capitalized			31,583						34,627
Interest expensed			(33,669)						(34,684)
Interest in inventory, end of period			$	158,670					$	193,352

Schedule Of Company Interests In Land Option Agreements

The following provides a summary of our interests in land option agreements as of March 31, 2022 and December 31, 2021 ($000’s omitted):


			March 31, 2022																		December 31, 2021
			Deposits and Pre-acquisition Costs						Remaining Purchase Price												Deposits and Pre-acquisition Costs						Remaining Purchase Price
Land options with VIEs			$	185,789					$	2,577,792											$	179,604					$	2,329,187
Other land options			237,323						3,441,955												225,318						3,128,691
			$	423,112					$	6,019,747											$	404,922					$	5,457,878