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Inventory (Tables) | 9 Months Ended
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Sep. 30, 2022
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory were as follows ($000’s omitted):
| September 30, 2022 |  | December 31, 2021
Homes under construction | $ | 6,435,318 |  |  | $ | 4,225,309 |
Land under development | 4,653,319 |  |  | 4,091,015 |
Raw land | 684,440 |  |  | 731,245 |
| $ | 11,773,077 |  |  | $ | 9,047,569 |
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,
| 2022 |  | 2021 |  | 2022 |  | 2021
Interest in inventory, beginning of period | $ | 151,554 |  |  | $ | 185,433 |  |  | $ | 160,756 |  |  | $ | 193,409 |
Interest capitalized | 33,235 |  |  | 31,707 |  |  | 96,156 |  |  | 97,809 |
Interest expensed | (41,120) |  |  | (41,897) |  |  | (113,243) |  |  | (115,975) |
Interest in inventory, end of period | $ | 143,669 |  |  | $ | 175,243 |  |  | $ | 143,669 |  |  | $ | 175,243 |
Schedule Of Company Interests In Land Option Agreements | The following provides a summary of our interests in land option agreements as of September 30, 2022 and December 31, 2021 ($000’s omitted):
| September 30, 2022 |  |  |  | December 31, 2021
| Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |  |  | Deposits and Pre-acquisition Costs |  | Remaining Purchase Price |  |
Land options with VIEs | $ | 194,845 |  |  | $ | 2,361,581 |  |  |  |  | $ | 179,604 |  |  | $ | 2,329,187 |  |  |
Other land options | 254,613 |  |  | 3,654,214 |  |  |  |  | 225,318 |  |  | 3,128,691 |  |  |
| $ | 449,458 |  |  | $ | 6,015,795 |  |  |  |  | $ | 404,922 |  |  | $ | 5,457,878 |  |  |

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