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House and Land Inventory (Tables)
9 Months Ended
Sep. 30, 2025
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory were as follows ($000’s omitted): 
September 30,
2025
December 31,
2024
Homes under construction$5,857,201 $5,770,355 
Land under development6,772,262 6,243,745 
Raw land584,641 548,848 
Consolidated inventory not owned (a)
120,186 102,865 
Land held for sale17,687 27,007 
$13,351,977 $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 EndedNine Months Ended
 September 30,September 30,
 2025202420252024
Interest in inventory, beginning of period$136,624 $149,362 $139,960 $139,078 
Interest capitalized26,139 26,443 78,360 86,346 
Interest expensed(31,199)(29,708)(86,756)(79,327)
Interest in inventory, end of period$131,564 $146,097 $131,564 $146,097 
Schedule Of Company Interests In Land Option Agreements The following provides a summary of our interests in land option agreements as of September 30, 2025 and December 31, 2024 ($000’s omitted):
 
 September 30, 2025December 31, 2024
 Deposits and
Pre-acquisition
Costs
Remaining Purchase
Price
Deposits and
Pre-acquisition
Costs
Remaining Purchase
Price
Land options with VIEs$399,980 $3,477,827 $358,066 $3,104,196 
Other land options765,801 6,394,924 700,397 6,127,486 
$1,165,781 $9,872,751 $1,058,463 $9,231,682