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Interest | 6 Months Ended
--- | ---
Mar. 31, 2012
Real Estate Inventory Capitalized Interest Costs [Abstract] |
Interest | Interest Our ability to capitalize all interest incurred during the three and six months ended March 31, 2012 and 2011 has been limited by our inventory eligible for capitalization. The following table sets forth certain information regarding interest (in thousands):
| Three Months Ended |  | Six Months Ended
| March 31, |  | March 31,
| 2012 |  | 2011 |  | 2012 |  | 2011
Capitalized interest in inventory, beginning of period | $ | 46,510 |  |  | $ | 43,433 |  |  | $ | 45,973 |  |  | $ | 36,884 |
Interest incurred | 32,190 |  |  | 32,937 |  |  | 64,715 |  |  | 65,303 |
Capitalized interest impaired | (25 | ) |  | (1,409 | ) |  | (53 | ) |  | (1,409 | )
Interest expense not qualified for capitalization and included as other expense | (18,797 | ) |  | (19,058 | ) |  | (37,914 | ) |  | (37,981 | )
Capitalized interest amortized to house construction and land sales expenses | (12,636 | ) |  | (8,279 | ) |  | (25,479 | ) |  | (15,173 | )
Capitalized interest in inventory, end of period | $ | 47,242 |  |  | $ | 47,624 |  |  | $ | 47,242 |  |  | $ | 47,624 |

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