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Capitalized Interest | 3 Months Ended
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Mar. 31, 2012
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 March 31,
(In thousands) | 2012 |  | 2011
Capitalized interest, beginning of period | $ | 18,869 |  |  | $ | 20,075 |
Interest capitalized to inventory | 1,866 |  |  | 2,162 |
Capitalized interest charged to cost of sales | (2,565 | ) |  | (2,338 | )
Capitalized interest, end of period | $ | 18,170 |  |  | $ | 19,899 |
Interest incurred — net | $ | 6,472 |  |  | $ | 6,197 |

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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. + References No definition available. + Details
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