Capitalized Interest |
12 Months Ended |
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Dec. 31, 2024 | |
| Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | |
| Capitalized Interest | Capitalized Interest Interest is capitalized to real estate inventories during development and other qualifying activities. Interest capitalized as a cost of real estate inventories is included in cost of sales as related inventories are delivered.
For the years ended December 31, 2024, 2023, and 2022, the Company incurred and capitalized interest of $78.7 million, $52.2 million, and $35.6 million, respectively. Previously capitalized interest included in cost of sales during the years ended December 31, 2024, 2023, and 2022 was $61.0 million, $36.3 million, and $40.5 million, respectively. These amounts included interest from certain related party transactions, refer to Note 10 – Related Party Transactions for additional information.
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- Definition Capitalized Interest No definition available.
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- References No definition available.
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