Inventory (Tables)

6 Months Ended

Apr. 30, 2013

Inventory at April 30, 2013 and October 31, 2012 consisted of the following (amounts in thousands):



	April 30, 2013		October 31, 2012
Land controlled for future communities	$	62,203	$	56,300
Land owned for future communities	1,083,250		1,040,373
Operating communities	3,221,764		2,664,514
	$	4,367,217	$	3,761,187

Temporarily Closed communities

Information regarding the classification, number and carrying value of these temporarily closed communities, as of the date indicated, is provided in the table below.



	April 30, 2013		October 31, 2012
Land owned for future communities:
Number of communities	22		40
Carrying value (in thousands)	$	157,181	$	240,307
Operating communities:
Number of communities	23		5
Carrying value (in thousands)	$	109,442	$	34,685

Inventory impairment charges and expensing of costs that it is believed not to be recoverable

The Company provided for inventory impairment charges and the expensing of costs that it believed not to be recoverable, for the periods indicated; these are shown in the table below (amounts in thousands).



	Six months ended April 30,				Three months ended April 30,
	2013		2012		2013		2012
Charge:
Land controlled for future communities	$	698	$	225	$	689	$	(552	)
Land owned for future communities	—		918		—		—
Operating communities	1,040		8,985		340		2,560
	$	1,738	$	10,128	$	1,029	$	2,008

Interest incurred, capitalized and expensed

Interest incurred, capitalized and expensed, for the periods indicated, was as follows (amounts in thousands):



	Six months ended April 30,						Three months ended April 30,
	2013			2012			2013			2012
Interest capitalized, beginning of period	$	330,581		$	298,757		$	340,904		$	311,335
Interest incurred	64,051			60,467			32,303			31,568
Interest expensed to cost of revenues	(42,990		)	(33,989		)	(23,016		)	(17,668		)
Write-off against other income	(1,221		)	(1,582		)	(1,133		)	(1,582		)
Interest capitalized on investments in unconsolidated entities	(2,872		)	(1,137		)	(1,509		)	(1,137		)
Interest capitalized, end of period	$	347,549		$	322,516		$	347,549		$	322,516