Inventory (Tables)

3 Months Ended

Jan. 31, 2017

Inventory Disclosure [Abstract]

Inventory

Inventory at January 31, 2017 and October 31, 2016 consisted of the following (amounts in thousands):

	January 31, 2017		October 31, 2016
Land controlled for future communities	$	72,075	$	71,729
Land owned for future communities	1,620,763		1,884,146
Operating communities	5,847,136		5,398,092
	$	7,539,974	$	7,353,967

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:

	January 31, 2017		October 31, 2016
Land owned for future communities:
Number of communities	13		18
Carrying value (in thousands)	$	103,607	$	123,936
Operating communities:
Number of communities	6		3
Carrying value (in thousands)	$	39,237	$	8,523

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):

	Three months ended January 31,
	2017		2016
Land controlled for future communities	$	661	$	381
Land owned for future communities			300
Operating communities	4,000		600
	$	4,661	$	1,281

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,
	2017			2016
Interest capitalized, beginning of period	$	369,419		$	373,128
Interest incurred	41,774			40,107
Interest expensed to cost of revenues	(27,928		)	(32,023		)
Write-off against other income	(42		)	(275		)
Interest capitalized on investments in unconsolidated entities	(2,394		)	(1,007		)
Previously capitalized interest transferred to investments in unconsolidated entities	(4,030		)	—
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	81
Interest capitalized, end of period	$	376,880		$	379,930