Landsea Homes Corporation Post-effective amendment to a registration statement that is not immediately effective upon filing

Capitalized Interest (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of interest expense
	Year Ended December 31,
	2020		2019		2018
	(dollars in thousands)
Related party interest pushed down	$	10,112	$	11,115	$	16,534
Other interest incurred		21,425		24,906		24,364
Total interest incurred		31,537		36,021		40,898

Related party interest capitalized		10,112		11,115		16,534
Other interest capitalized		21,410		24,906		24,253
Total interest capitalized		31,522		36,021		40,787
Interest expensed	$	15	$	—		111

Previously capitalized related party interest included in cost of sales	$	14,110	$	15,646	$	9,164
Previously capitalized other interest included in cost of sales		23,816		24,747		7,135
Related party interest relieved to equity in net (loss) income of unconsolidated joint ventures		1,146		1,908		4,095
Other interest relieved to equity in net (loss) income from unconsolidated joint ventures		16		26		58
Other interest expensed		15		—		111
Total interest expense included in pretax (loss) income	$	39,103	$	42,327	$	20,563