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Real Estate Inventories - Summary of Real Estate Inventories (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
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Real estate inventories owned: |  |
Homes completed or under construction | $ 1,637,648 | $ 1,402,762
Land under development | 1,172,934 | 1,299,074
Land held for future development | 155,293 | 153,615
Model homes | 305,660 | 306,565
Total real estate inventories owned | 3,271,535 | 3,162,016
Real estate inventories not owned: |  |
Land purchase and land option deposits | 194,276 | 175,467
Total real estate inventories not owned | 194,276 | 175,467
Total real estate inventories | $ 3,465,811 | $ 3,337,483

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- Definition The net carrying amount as of the balance sheet date of the sum of the various components of an operative builder's owned inventory. + References No definition available. + Details
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- Definition The net carrying amount as of the balance sheet date of the sum of the various components of an operative builder's real estate not owned. + References No definition available. + Details
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- Definition Carrying amount as of the balance sheet date of capitalized construction costs of homes for future sale. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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- Definition Carrying amount net of impairment reserves as of the balance sheet date primarily consisting of deposits for land purchases (including option payments), related acquisition costs, and land which is not expected to be developed in the next two years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + 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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- Definition Carrying amount as of the balance sheet date, net of valuation allowances and impairment losses, of costs of land expected to be developed in the near term plus capitalized costs of development, for purposes of selling completed units to home buyers or commercial or industrial entities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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