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Land Under Development | 9 Months Ended
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Sep. 30, 2022
Real Estate [Abstract] |
Land Under Development | Land Under DevelopmentOn a limited basis, we directly acquire raw land parcels already zoned for their intended use to develop into finished lots. Land under development includes the land acquisition costs, direct improvement costs, capitalized interest, where applicable, and real estate taxes.As of September 30, 2022, we owned land parcels with a carrying value of $15,230 that we intend to develop into approximately 800 finished lots. We have additional funding commitments of approximately $2,200 under a joint development agreement related to one parcel, a portion of which we expect will be offset by development credits of approximately $900. None of the raw parcels had any indicators of impairment as of September 30, 2022

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- Definition The entire disclosure for land under development. + References No definition available. + Details
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- References No definition available. + Details
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