Inventory (Tables)

6 Months Ended

Apr. 30, 2015

Inventory at April 30, 2015 and October 31, 2014 consisted of the following (amounts in thousands):



	April 30, 2015		October 31, 2014
Land controlled for future communities	$	58,985	$	122,533
Land owned for future communities	2,229,518		2,355,874
Operating communities	4,435,840		4,011,914
	$	6,724,343	$	6,490,321

Temporarily Closed communities

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



	April 30, 2015		October 31, 2014
Land owned for future communities:
Number of communities	18		16
Carrying value (in thousands)	$	156,267	$	122,015
Operating communities:
Number of communities	8		9
Carrying value (in thousands)	$	23,025	$	42,092

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

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



	Six months ended April 30,				Three months ended April 30,
	2015		2014		2015		2014
Land controlled for future communities	$	610	$	1,006	$	366	$	324
Land owned for future communities	700				700
Operating communities	12,000		2,900		11,100		1,600
	$	13,310	$	3,906	$	12,166	$	1,924

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,
	2015			2014			2015			2014
Interest capitalized, beginning of period	$	356,180		$	343,077		$	364,228		$	356,618
Interest incurred	80,458			82,628			39,954			42,684
Interest expensed to cost of revenues	(57,953		)	(54,585		)	(29,576		)	(29,145		)
Write-off against other income	(1,738		)	(1,039		)	(410		)	(722		)
Interest capitalized on investments in unconsolidated entities	(4,825		)	(4,757		)	(2,074		)	(2,300		)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	772			1,811			772
Interest capitalized, end of period	$	372,894		$	367,135		$	372,894		$	367,135