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House and Land Inventory (Tables)
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory were as follows ($000’s omitted): 
March 31,
2025
December 31,
2024
Homes under construction$6,067,836 $5,770,355 
Land under development6,243,982 6,243,745 
Raw land534,960 548,848 
Consolidated inventory not owned (a)
96,618 102,865 
Land held for sale16,103 27,007 
$12,959,499 $12,692,820 

(a)    Consolidated inventory not owned includes land sold to third parties for which the Company retains a repurchase option.
Capitalized Interest Rollforward Information related to interest capitalized into inventory is as follows ($000’s omitted):
Three Months Ended
 March 31,
 20252024
Interest in inventory, beginning of period$139,960 $139,078 
Interest capitalized26,092 30,620 
Interest expensed(26,511)(21,597)
Interest in inventory, end of period$139,541 $148,101 
Schedule Of Company Interests In Land Option Agreements The following provides a summary of our interests in land option agreements as of March 31, 2025 and December 31, 2024 ($000’s omitted):
 
 March 31, 2025December 31, 2024
 Deposits and
Pre-acquisition
Costs
Remaining Purchase
Price
Deposits and
Pre-acquisition
Costs
Remaining Purchase
Price
Land options with VIEs$377,297 $3,294,587 $358,066 $3,104,196 
Other land options754,185 6,804,263 700,397 6,127,486 
$1,131,482 $10,098,850 $1,058,463 $9,231,682