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Interest | 12 Months Ended
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Sep. 30, 2025
Real Estate Inventory Capitalized Interest Costs [Abstract] |
Interest | Interest Interest capitalized during the fiscal years ended September 30, 2025, 2024 and 2023 was based upon the balance of inventory eligible for capitalization. The following table presents certain information regarding interest for the periods presented:
| Fiscal Year Ended September 30,
in thousands | 2025 |  | 2024 |  | 2023
Capitalized interest in inventory, beginning of period | $ | 124,182 |  |  | $ | 112,580 |  |  | $ | 109,088 |
Interest incurred | 86,529 |  |  | 79,835 |  |  | 71,981 |
Capitalized interest impaired | (1,462) |  |  | — |  |  | — |
Capitalized interest amortized to home construction and land sales expenses(a) | (77,404) |  |  | (68,233) |  |  | (68,489) |
Capitalized interest in inventory, end of period | 131,845 |  |  | 124,182 |  |  | 112,580 |
(a) Capitalized interest amortized to home construction and land sales expenses varies based on the number of homes closed during the period and land sales, if any, as well as other factors.

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