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Land Under Development | 12 Months Ended
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Dec. 31, 2022
Real Estate [Abstract] |
Land Under Development | Land Under Development On a limited basis, we directly acquire raw land parcels already zoned for its 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 December 31, 2022, we owned land with a carrying value of $27,100 that we intend to develop into approximately 1,900 finished lots primarily for use in our homebuilding operations. We also have additional funding commitments of approximately $2,100 under a joint development agreement related to one project, a portion of which we expect will be offset by development credits of approximately $900. None of our land under development projects had any indicators of impairment as of December 31, 2022. As of December 31, 2021, we directly owned land with a carrying value of $12,147, which was expected to produce approximately 200 finished lots.

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