v3.24.2
Inventory (Tables)
 6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Components of Inventory
Major components of inventory were as follows ($000’s omitted): 
June 30,
2024		December 31,
2023
Homes under construction$5,828,344 $5,262,850 
Land under development5,969,885 5,805,993 
Raw land428,012 606,005 
Consolidated inventory not owned (a)
76,060 120,522 
$12,302,301 $11,795,370 

(a)    Consolidated inventory not owned includes land sold to third parties for which the Company retains a repurchase option.
Capitalized Interest Rollforward Information related to interest capitalized into inventory is as follows ($000’s omitted):
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Interest in inventory, beginning of period$148,101 $141,271 $139,078 $137,262 
Interest capitalized29,284 31,927 59,903 63,729 
Interest expensed(28,023)(31,204)(49,619)(58,997)
Interest in inventory, end of period$149,362 $141,994 $149,362 $141,994 
Schedule Of Company Interests In Land Option Agreements The following provides a summary of our interests in land option agreements as of June 30, 2024 and December 31, 2023 ($000’s omitted):
 
 June 30, 2024December 31, 2023
 Deposits and
Pre-acquisition
Costs		Remaining Purchase
Price		Deposits and
Pre-acquisition
Costs		Remaining Purchase
Price
Land options with VIEs$307,673 $2,481,747 $238,070 $1,916,558 
Other land options557,214 4,882,752 466,139 4,531,566 
$864,887 $7,364,499 $704,209 $6,448,124