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Real Estate Inventories (Tables) | 6 Months Ended
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Jun. 30, 2014
Inventory Disclosure [Abstract] |
Summary of Real Estate Inventories | Real estate inventories consisted of the following (in thousands):
|  | June 30, |  |  | December 31, |
|  | 2014 |  |  | 2013 |
Inventories owned: |  |  |  |  |  |  |  |
Deposits and pre-acquisition costs |  | $ | 21,889 |  |  | $ | 19,714 |
Land under development |  |  | 324,132 |  |  |  | 326,209 |
Homes completed or under construction |  |  | 168,612 |  |  |  | 92,901 |
Model homes |  |  | 27,404 |  |  |  | 16,818 |
|  | $ | 542,037 |  |  | $ | 455,642 |
Summary of Interest Incurred, Capitalized and Expensed | Interest incurred, capitalized and expensed were as follows (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Interest incurred |  | $ | 2,068 |  |  | $ | 579 |  |  | $ | 3,304 |  |  | $ | 1,313 |
Interest capitalized |  |  | (2,068 | ) |  |  | (579 | ) |  |  | (3,304 | ) |  |  | (1,313 | )
Interest expensed |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Capitalized interest in beginning inventory |  | $ | 3,078 |  |  | $ | 1,842 |  |  | $ | 2,264 |  |  | $ | 1,364 |
Interest capitalized as a cost of inventory |  |  | 2,068 |  |  |  | 579 |  |  |  | 3,304 |  |  |  | 1,313 |
Interest previously capitalized as a cost of inventory, included in cost of sales |  |  | (557 | ) |  |  | (502 | ) |  |  | (979 | ) |  |  | (758 | )
Capitalized interest in ending inventory |  | $ | 4,589 |  |  | $ | 1,919 |  |  | $ | 4,589 |  |  | $ | 1,919 |

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- Definition Real Estate Inventory Capitalized Interest Costs Table [Text Block] + References No definition available. + Details
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- Details
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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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