Inventory (Tables)

12 Months Ended

Oct. 31, 2014

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



	2014		2013
Land controlled for future communities	$	122,533	$	99,802
Land owned for future communities	2,355,874		1,287,630
Operating communities	4,011,914		3,262,980
	$	6,490,321	$	4,650,412

Temporarily Closed communities

Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2014, 2013, and 2012, is provided in the table below ($ amounts in thousands):



	2014		2013		2012
Land owned for future communities:
Number of communities	16		25		40
Carrying value (in thousands)	$	122,015	$	153,498	$	240,307
Operating communities:
Number of communities	9		15		5
Carrying value (in thousands)	$	42,092	$	88,534	$	34,685

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

We provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable in each of the three fiscal years ended October 31, 2014, 2013, and 2012, as shown in the table below (amounts in thousands):



Charge:	2014		2013		2012
Land controlled for future communities	$	3,123	$	1,183	$	451
Land owned for future communities					1,218
Operating communities	17,555		3,340		13,070
	$	20,678	$	4,523	$	14,739

Interest incurred, capitalized and expensed

Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2014, 2013, and 2012, was as follows (amounts in thousands):



	2014			2013			2012
Interest capitalized, beginning of year	$	343,077		$	330,581		$	298,757
Interest incurred	163,815			134,198			125,783
Interest expensed to cost of revenues	(137,457		)	(112,321		)	(87,117		)
Write-off against other income	(5,394		)	(2,917		)	(3,404		)
Capitalized interest applicable to investments in unconsolidated entities	(9,672		)	(6,464		)	(3,438		)
Previously capitalized interest in unconsolidated entities transferred to inventory	1,811
Interest capitalized, end of year	$	356,180		$	343,077		$	330,581