Inventory (Tables)

3 Months Ended

Jan. 31, 2014

Inventory Disclosure [Abstract]

Inventory

Inventory at January 31, 2014 and October 31, 2013 consisted of the following (amounts in thousands):

	January 31, 2014		October 31, 2013
Land controlled for future communities	$	254,549	$	99,802
Land owned for future communities	1,491,205		1,287,630
Operating communities	3,489,893		3,262,980
	$	5,235,647	$	4,650,412

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.

	January 31, 2014		October 31, 2013
Land owned for future communities:
Number of communities	22		25
Carrying value (in thousands)	$	141,356	$	153,498
Operating communities:
Number of communities	15		15
Carrying value (in thousands)	$	91,984	$	88,534

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

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

	Three months ended January 31,
	2014		2013
Land controlled for future communities	$	682	$	9
Operating communities	1,300		700
	$	1,982	$	709

Interest incurred, capitalized and expensed

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

	Three months ended January 31,
	2014			2013
Interest capitalized, beginning of period	$	343,077		$	330,581
Interest incurred	39,944			31,748
Interest expensed to cost of revenues	(25,440		)	(19,974		)
Write-off against other income	(317		)	(88		)
Interest capitalized on investments in unconsolidated entities	(2,457		)	(1,363		)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	1,811
Interest capitalized, end of period	$	356,618		$	340,904