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Capitalized Interest | 6 Months Ended
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Jun. 30, 2011
Capitalized Interest [Abstract] |
capitalized interest [Text Block] | Capitalized Interest The Company capitalizes interest during land development and home construction. Capitalized interest is charged to cost of sales as the related inventory is delivered to a third party. A summary of capitalized interest is as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2011 |  | 2010 |  | 2011 |  | 2010
Capitalized interest, beginning of period | $ | 19,899 |  |  | $ | 23,687 |  |  | $ | 20,075 |  |  | $ | 23,670 |
Interest capitalized to inventory | 2,678 |  |  | 2,737 |  |  | 4,840 |  |  | 4,985 |
Capitalized interest charged to cost of sales | (2,819 | ) |  | (4,954 | ) |  | (5,157 | ) |  | (7,185 | )
Capitalized interest, end of period | $ | 19,758 |  |  | $ | 21,470 |  |  | $ | 19,758 |  |  | $ | 21,470 |
Interest incurred — net | $ | 6,143 |  |  | $ | 4,816 |  |  | $ | 12,340 |  |  | $ | 9,205 |

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- Definition Capitalized Interest [Abstract] + Details
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- Definition Disclosure of the policy for capitalized homebuilding interest, including a rollforward of the balance from beginning of period to end of period. + Details
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