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Capitalized Interest | 9 Months Ended
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Sep. 30, 2018
Capitalized Interest Costs, Including Allowance for Funds Used During Construction [Abstract] |
Capitalized Interest | Capitalized Interest The Company capitalizes interest costs to land under development during the active development of finished lots. In addition, the Company capitalizes interest costs to its joint venture investments while the investments are considered qualified assets pursuant to ASC Topic 835-20 - Interest. Capitalized interest is transferred to sold or unsold inventory as the development of finished lots is completed, then charged to cost of sales upon the Company’s settlement of homes and the respective lots. Interest incurred in excess of the interest capitalizable based on the level of qualified assets is expensed in the period incurred. The following table reflects the changes in the Company's capitalized interest during the three and nine months ended September 30, 2018 and 2017:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Interest capitalized, beginning of period |  | $ | 5,388 |  |  | $ | 5,952 |  |  | $ | 5,583 |  |  | $ | 5,106 |
Interest incurred |  | 6,517 |  |  | 6,615 |  |  | 19,737 |  |  | 19,754 |
Interest charged to interest expense |  | (6,197 | ) |  | (6,120 | ) |  | (18,808 | ) |  | (17,870 | )
Interest charged to cost of sales |  | (1,136 | ) |  | (778 | ) |  | (1,940 | ) |  | (1,321 | )
Interest capitalized, end of period |  | $ | 4,572 |  |  | $ | 5,669 |  |  | $ | 4,572 |  |  | $ | 5,669 |

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- Definition The entire disclosure for capitalized interest costs. + References No definition available. + Details
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- References No definition available. + Details
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