v3.6.0.2
Land and Other Inventories (Tables)
 12 Months Ended
Dec. 31, 2016
Land and Other Inventories  
Land and Other Inventories

As of December 31, 2016 and 2015, land and other inventories consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2016

 

2015

 

Land held for future development

    

$
29,089

    

$
21,403

 

Land developed and in process of development

 

 
349,891

 

 
348,648

 

Homes completed or under construction

 

 
205,428

 

 
212,480

 

Total

 

$
584,408

 

$
582,531

 

 

Interest incurred, capitalized and expensed

The following table represents interest incurred, interest capitalized, and interest expense for December 31, 2016,  2015 and 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

    

2016

 

2015

 

2014

 

Interest incurred

 

$
26,145

    

$
28,207

    

$
18,107

 

Interest capitalized

 

 
(22,478)

 

 
(19,168)

 

 
(12,302)

 

Interest expense

 

$
3,667

 

$
9,039

 

$
5,805