|3 Months Ended
Mar. 31, 2021
|Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
|Capitalized InterestInterest is capitalized to real estate inventories and investment in unconsolidated joint ventures 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. Interest capitalized to investments in unconsolidated joint ventures is relieved to equity in net (loss) income of unconsolidated joint ventures as related joint venture homes close.
For the periods reported, interest incurred, capitalized, and expensed was as follows: