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Inventory (Tables) | 3 Months Ended
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Mar. 31, 2022
Inventory Disclosure [Abstract] |
Schedule of Real Estate Inventory | A summary of inventory is as follows (in thousands):
| March 31, 2022 |  | December 31, 2021
Homes completed or under construction | $ | 601,504 |  |  | $ | 544,258 |
Land and lots - developed and under development | 718,411 |  |  | 620,129 |
Land held for sale | 7,594 |  |  | 39,356 |
Total inventory | $ | 1,327,509 |  |  | $ | 1,203,743 |
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 March 31,
|  | 2022 |  | 2021
Interest capitalized at beginning of period |  | $ | 19,950 |  |  | $ | 17,520 |
Interest incurred |  | 3,734 |  |  | 2,851 |
Interest charged to cost of revenues |  | (2,933) |  |  | (1,991) |
Interest capitalized at end of period |  | $ | 20,751 |  |  | $ | 18,380 |
Capitalized interest as a percentage of inventory |  | 1.6 | % |  | 2.0 | %

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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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