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Capitalized Interest | 3 Months Ended
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Mar. 31, 2013
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. The summary of capitalized interest for the three months ended March 31, 2013 and 2012 is as follows:
| Three Months Ended March 31,
(In thousands) | 2013 |  | 2012
Capitalized interest, beginning of period | $ | 15,376 |  |  | $ | 18,869 |
Interest capitalized to inventory | 2,777 |  |  | 1,866 |
Capitalized interest charged to cost of sales | (3,528 | ) |  | (2,565 | )
Capitalized interest, end of period | $ | 14,625 |  |  | $ | 18,170 |
Interest incurred | $ | 7,117 |  |  | $ | 6,472 |

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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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