| Summary of activity that relates to capitalized interest |
|
(in thousands)
|
|
2015
|
|
2014
|
|
|
Capitalized interest at January 1
|
|
$
|
107,810
|
|
$
|
89,619
|
|
|
Interest capitalized
|
|
16,063
|
|
17,111
|
|
|
Interest amortized to cost of sales
|
|
(9,793
|
)
|
(10,470
|
)
|
|
Capitalized interest at March 31
|
|
$
|
114,080
|
|
$
|
96,260
|
|
|
Interest incurred
|
|
$
|
16,493
|
|
$
|
17,383
|
|
|
| Summary of each reporting segment's total number of lots owned and lots controlled under option agreements |
|
|
|
MARCH 31, 2015
|
|
DECEMBER 31, 2014
|
|
|
|
|
LOTS
|
|
LOTS
|
|
|
|
LOTS
|
|
LOTS
|
|
|
|
|
|
|
OWNED
|
|
OPTIONED
|
|
TOTAL
|
|
OWNED
|
|
OPTIONED
|
|
TOTAL
|
|
|
North
|
|
7,395
|
|
6,756
|
|
14,151
|
|
7,396
|
|
6,335
|
|
13,731
|
|
|
Southeast
|
|
9,057
|
|
3,131
|
|
12,188
|
|
8,646
|
|
3,535
|
|
12,181
|
|
|
Texas
|
|
3,986
|
|
2,721
|
|
6,707
|
|
3,938
|
|
3,083
|
|
7,021
|
|
|
West
|
|
5,451
|
|
683
|
|
6,134
|
|
5,323
|
|
717
|
|
6,040
|
|
|
Total
|
|
25,889
|
|
13,291
|
|
39,180
|
|
25,303
|
|
13,670
|
|
38,973
|
|
|