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Interest | 3 Months Ended
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Mar. 31, 2022
Interest [Abstract] |
Interest | 9. Interest Interest is capitalized to inventories while the related communities are being actively developed and until homes are completed. As our qualifying assets exceeded our outstanding debt during the three months ended March 31, 2022 and 2021, we capitalized all interest costs incurred during these periods, except for interest incurred on our Repurchase Facilities. Our interest costs were as follows (in thousands):
|  | Three Months Ended March 31,
|  | 2022 |  | 2021
Interest capitalized beginning of period |  | $ | 53,379 |  | $ | 60,838
Interest capitalized during period |  |  | 14,019 |  |  | 15,048
Less: capitalized interest in cost of sales |  |  | (12,146) |  |  | (18,377)
Interest capitalized end of period |  | $ | 55,252 |  | $ | 57,509

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