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Inventory (Tables)
9 Months Ended
Jul. 31, 2019
Inventory Disclosure [Abstract]  
Inventory
Inventory at July 31, 2019 and October 31, 2018 consisted of the following (amounts in thousands):
 
July 31,
2019
 
October 31,
2018
Land controlled for future communities
$
167,479

 
$
139,985

Land owned for future communities
938,861

 
916,616

Operating communities
6,888,736

 
6,541,618

 
$
7,995,076

 
$
7,598,219


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:
 
July 31,
2019
 
October 31,
2018
Land owned for future communities:
 
 
 
Number of communities
15

 
17

Carrying value (in thousands)
$
104,508

 
$
124,426

Operating communities:
 
 
 
Number of communities
2

 
1

Carrying value (in thousands)
$
19,411

 
$
2,622


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 believe not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands):
 
Nine months ended July 31,
 
Three months ended July 31,
 
2019
 
2018
 
2019
 
2018
Land controlled for future communities
$
7,256

 
$
1,073

 
$
3,579

 
$
696

Land owned for future communities


 
1,547

 


 
1,300

Operating communities
24,380

 
26,126

 
1,100

 
9,065

 
$
31,636

 
$
28,746

 
$
4,679

 
$
11,061


Interest incurred, capitalized and expensed
Interest incurred, capitalized, and expensed, for the periods indicated, was as follows (amounts in thousands): 
 
Nine months ended July 31,
 
Three months ended July 31,
 
2019
 
2018
 
2019
 
2018
Interest capitalized, beginning of period
$
319,364

 
$
352,049

 
$
328,583

 
$
349,918

Interest incurred
131,830

 
123,028

 
43,968

 
41,760

Interest expensed to home sales cost of revenues
(125,862
)
 
(128,915
)
 
(46,635
)
 
(50,003
)
Interest expensed to land sales cost of revenues
(945
)
 


 
(310
)
 


Interest expensed in other income

 
(2,259
)
 

 
(1,259
)
Interest capitalized on investments in unconsolidated entities
(3,936
)
 
(5,423
)
 
(852
)
 
(1,821
)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory
4,802

 
1,687

 
499

 
1,572

Interest capitalized, end of period
$
325,253

 
$
340,167

 
$
325,253

 
$
340,167