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Inventory (Tables) | 9 Months Ended
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Sep. 30, 2021
Inventory Disclosure [Abstract] |
Schedule of Real Estate Inventory | A summary of inventory is as follows (in thousands):
| September 30, 2021 |  | December 31, 2020
Homes completed or under construction | $ | 584,538 |  |  | $ | 356,706 |
Land and lots - developed and under development | 581,766 |  |  | 482,371 |
Land held for sale | 3,993 |  |  | 5,558 |
Total inventory | $ | 1,170,297 |  |  | $ | 844,635 |
Summary of Real Estate Inventory Capitalized Interest Costs | A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Interest capitalized at beginning of period | $ | 18,960 |  |  | $ | 18,791 |  | $ | 17,520 |  |  | $ | 18,596 |
Interest incurred | 3,597 |  |  | 2,010 |  | 9,698 |  |  | 7,677 |
Interest charged to cost of revenues | (2,797) |  |  | (2,999) |  | (7,458) |  |  | (8,471) |
Interest capitalized at end of period | $ | 19,760 |  |  | $ | 17,802 |  | $ | 19,760 |  |  | $ | 17,802 |
Capitalized interest as a percentage of inventory | 1.7 | % |  | 2.3 | % |  |  |  |

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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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