Schedule of Components Of Interest Costs |
For the periods reported, interest incurred, capitalized, and expensed was as follows:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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(dollars in thousands) |
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(dollars in thousands) |
Related party interest incurred |
$ |
74 |
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$ |
183 |
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$ |
231 |
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$ |
183 |
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Other interest incurred |
13,759 |
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6,597 |
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28,352 |
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18,701 |
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Total interest incurred |
13,833 |
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6,780 |
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28,583 |
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18,884 |
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Related party interest capitalized |
74 |
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183 |
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231 |
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183 |
Other interest capitalized |
13,759 |
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6,597 |
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28,352 |
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18,701 |
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Total interest capitalized |
13,833 |
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6,780 |
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28,583 |
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18,884 |
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Previously capitalized related party interest included in cost of sales |
$ |
714 |
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$ |
2,571 |
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$ |
3,831 |
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$ |
9,813 |
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Previously capitalized other interest included in cost of sales |
9,436 |
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4,711 |
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27,445 |
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15,835 |
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Related party interest relieved to equity in income from unconsolidated joint ventures |
— |
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278 |
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69 |
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1,042 |
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Other interest relieved to equity in income from unconsolidated joint ventures |
— |
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3 |
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1 |
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14 |
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Other interest expensed |
— |
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11 |
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— |
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32 |
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Total interest expense included in pretax income |
$ |
10,150 |
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$ |
7,574 |
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$ |
31,346 |
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$ |
26,736 |
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