Inventory (Tables)

3 Months Ended

Jan. 31, 2018

Inventory at January 31, 2018 and October 31, 2017 consisted of the following (amounts in thousands):



	January 31, 2018		October 31, 2017
Land controlled for future communities	$	128,847	$	87,158
Land owned for future communities	1,199,686		1,142,870
Operating communities	6,385,263		6,051,425
	$	7,713,796	$	7,281,453

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, 2018		October 31, 2017
Land owned for future communities:
Number of communities	17		14
Carrying value (in thousands)	$	131,296	$	110,732
Operating communities:
Number of communities	1		6
Carrying value (in thousands)	$	3,342	$	26,749

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,
	2018		2017
Land controlled for future communities	$	117	$	661
Operating communities	3,736		4,000
	$	3,853	$	4,661

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,
	2018			2017
Interest capitalized, beginning of period	$	352,049		$	369,419
Interest incurred	38,687			41,774
Interest expensed to cost of revenues	(33,885		)	(27,928		)
Interest expensed in other income	(716		)	(42		)
Interest capitalized on investments in unconsolidated entities	(1,711		)	(2,394		)
Previously capitalized interest transferred to investments in unconsolidated entities				(4,030		)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	72			81
Interest capitalized, end of period	$	354,496		$	376,880