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Inventory (Tables) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Inventory [Line Items] |  |  |  |
Impairment of Tangible Assets, Other Descriptors | $ 6,000 |  |  |
Inventory Disclosure [Text Block] | INVENTORY A summary of inventory is as follows (in thousands):
| December 31, 2022 |  | December 31, 2021
Homes completed or under construction | $ | 603,953 |  |  | $ | 544,258 |
Land and lots - developed and under development | 768,194 |  |  | 620,129 |
Land held for future development(1) | 48,369 |  |  | — |
Land held for sale | 2,164 |  |  | 39,356 |
Total inventory | $ | 1,422,680 |  |  | $ | 1,203,743 |
(1)Land held for future development consists of raw land parcels where development activities have been postponed due to market conditions or other factors. All applicable carrying costs, including property taxes, are expensed as incurred. A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Interest capitalized at beginning of period | $ | 19,950 |  |  | $ | 17,520 |  |  | $ | 18,596 |
Interest incurred | 16,454 |  |  | 13,340 |  |  | 9,823 |
Interest charged to cost of revenues | (13,652) |  |  | (10,910) |  |  | (10,899) |
Interest capitalized at end of period | $ | 22,752 |  |  | $ | 19,950 |  |  | $ | 17,520 |
Capitalized interest as a percentage of inventory | 1.6 | % |  | 1.7 | % |  |
As of December 31, 2022, the Company reviewed its inventory for indicators of potential impairment and performed a detailed impairment analysis where such indicators were present. Based on this analysis, the Company recorded a $6.0 million impairment charge to reduce the carrying value of certain land held for future development to fair value. This impairment charge was included in cost of residential units in our consolidated statements of income. For the year ended December 31, 2021, the Company did not record an impairment adjustment. For the year ended December 31, 2020, the Company recorded a de minimis impairment adjustment to reduce the carrying value of impaired communities to fair value. |  |  |
Finished Homes and Homes under Construction | $ 603,953 | $ 544,258 |  |
Inventory, Real Estate, Land and Land Development Costs | 768,194 | 620,129 |  |
Inventory, Land Held-for-sale | 2,164 | 39,356 |  |
Inventory, Real Estate | $ 1,422,680 | 1,203,743 |  |
Schedule of Inventory, Current [Table Text Block] | A summary of inventory is as follows (in thousands):
| December 31, 2022 |  | December 31, 2021
Homes completed or under construction | $ | 603,953 |  |  | $ | 544,258 |
Land and lots - developed and under development | 768,194 |  |  | 620,129 |
Land held for future development(1) | 48,369 |  |  | — |
Land held for sale | 2,164 |  |  | 39,356 |
Total inventory | $ | 1,422,680 |  |  | $ | 1,203,743 |
Real Estate Inventory, Capitalized Interest Costs [Roll Forward] | A summary of interest costs incurred, capitalized and expensed is as follows (in thousands):
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Interest capitalized at beginning of period | $ | 19,950 |  |  | $ | 17,520 |  |  | $ | 18,596 |
Interest incurred | 16,454 |  |  | 13,340 |  |  | 9,823 |
Interest charged to cost of revenues | (13,652) |  |  | (10,910) |  |  | (10,899) |
Interest capitalized at end of period | $ | 22,752 |  |  | $ | 19,950 |  |  | $ | 17,520 |
Capitalized interest as a percentage of inventory | 1.6 | % |  | 1.7 | % |  |
Real Estate Inventory, Capitalized Interest Costs | $ 22,752 | 19,950 | $ 17,520 | $ 18,596
Real Estate Inventory, Capitalized Interest Costs Incurred | 16,454 | 13,340 | 9,823 |
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales | $ 13,652 | $ 10,910 | $ 10,899 |

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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=109226691&loc=d3e2921-110230 + Details
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- Definition Total of (1) improvements, (2) held-for-sale, (3) land and land under development, (4) construction-in-process, (5) mortgage loans held-in-inventory, and (6) other real estate investments which are considered inventory due to being held for sale or disposition. + References No definition available. + Details
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