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Capitalized Interest | 9 Months Ended
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Sep. 30, 2014
Capitalized Interest [Abstract] |
capitalized interest [Text Block] | Capitalized Interest The Company capitalizes interest during land development and home construction. Capitalized interest is charged to land and housing costs and expenses as the related inventory is delivered to a third party. The summary of capitalized interest for the three and nine months ended September 30, 2014 and 2013 is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2014 |  | 2013 |  | 2014 |  | 2013
Capitalized interest, beginning of period | $ | 14,831 |  |  | $ | 14,260 |  |  | $ | 13,802 |  |  | $ | 15,376 |
Interest capitalized to inventory | 5,161 |  |  | 3,940 |  |  | 13,141 |  |  | 10,045 |
Capitalized interest charged to land and housing costs and expenses | (4,281 | ) |  | (4,074 | ) |  | (11,232 | ) |  | (11,295 | )
Capitalized interest, end of period | $ | 15,711 |  |  | $ | 14,126 |  |  | $ | 15,711 |  |  | $ | 14,126 |
Interest incurred | $ | 7,810 |  |  | $ | 7,389 |  |  | $ | 22,690 |  |  | $ | 22,231 |

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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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