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Inventory (Tables)
12 Months Ended
Oct. 31, 2013
Inventory Disclosure [Abstract]  
Inventory
Inventory at October 31, 2013 and 2012 consisted of the following (amounts in thousands):
 
2013
 
2012
Land controlled for future communities
$
99,802

 
$
54,624

Land owned for future communities
1,287,630

 
1,013,565

Operating communities
3,262,980

 
2,664,514

 
$
4,650,412

 
$
3,732,703

Temporarily Closed communities
Information regarding the classification, number and carrying value of these temporarily closed communities at October 31, 2013, 2012 and 2011 is provided in the table below ($ amounts in thousands).
 
2013
 
2012
 
2011
Land owned for future communities:
 
 
 
 
 
Number of communities
25

 
40

 
43

Carrying value (in thousands)
$
153,498

 
$
240,307

 
$
256,468

Operating communities:
 
 
 
 
 
Number of communities
15

 
5

 
2

Carrying value (in thousands)
$
88,534

 
$
34,685

 
$
11,076

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 in each of the three fiscal years ended October 31, 2013, 2012 and 2011 as shown in the table below (amounts in thousands).
Charge:
2013
 
2012
 
2011
Land controlled for future communities
$
1,183

 
$
451

 
$
17,752

Land owned for future communities

 
1,218

 
17,000

Operating communities
3,340

 
13,070

 
17,085

 
$
4,523

 
$
14,739

 
$
51,837

Interest incurred, capitalized and expensed
Interest incurred, capitalized and expensed in each of the three fiscal years ended October 31, 2013, 2012 and 2011 was as follows (amounts in thousands):
 
2013
 
2012
 
2011
Interest capitalized, beginning of year
$
330,581

 
$
298,757

 
$
267,278

Interest incurred
134,198

 
125,783

 
114,761

Interest expensed to cost of revenues
(112,321
)
 
(87,117
)
 
(77,623
)
Interest directly expensed in the consolidated statements of operations

 

 
(1,504
)
Write-off against other income
(2,917
)
 
(3,404
)
 
(1,155
)
Interest reclassified to property, construction and office equipment


 


 
(3,000
)
Capitalized interest applicable to investments in unconsolidated entities
(6,464
)
 
(3,438
)
 


Interest capitalized, end of year
$
343,077

 
$
330,581

 
$
298,757