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Inventory (Tables)
12 Months Ended
Oct. 31, 2019
Inventory Disclosure [Abstract]  
Inventory
Inventory at October 31, 2019 and 2018 consisted of the following (amounts in thousands):
 
2019
 
2018
Land controlled for future communities
$
182,929

 
$
139,985

Land owned for future communities
868,202

 
916,616

Operating communities
6,821,917

 
6,541,618

 
$
7,873,048

 
$
7,598,219


Temporarily Closed communities
Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2019, 2018, and 2017, is provided in the table below ($ amounts in thousands):
 
2019
 
2018
 
2017
Land owned for future communities:
 
 
 
 
 
Number of communities
16

 
17

 
14

Carrying value (in thousands)
$
120,857

 
$
124,426

 
$
110,732

Operating communities:
 
 
 
 
 
Number of communities
1

 
1

 
6

Carrying value (in thousands)
$
2,871

 
$
2,622

 
$
26,749


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, 2019, 2018, and 2017, as shown in the table below (amounts in thousands):
Charge:
2019
 
2018
 
2017
Land controlled for future communities
$
11,285

 
$
2,820

 
$
1,949

Land owned for future communities

 
2,185

 
3,050

Operating communities
31,075

 
30,151

 
9,795

 
$
42,360

 
$
35,156

 
$
14,794


Interest incurred, capitalized and expensed
Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2019, 2018, and 2017, was as follows (amounts in thousands):
 
2019
 
2018
 
2017
Interest capitalized, beginning of year
$
319,364

 
$
352,049

 
$
369,419

Interest incurred
178,035

 
165,977

 
175,944

Interest expensed to home sales cost of revenues
(185,045
)
 
(190,734
)
 
(172,832
)
Interest expensed to land sales cost of revenues
(1,787
)
 


 


Interest expensed in other income


 
(3,760
)
 
(4,823
)
Interest reclassified to property, construction and office equipment


 


 
(485
)
Interest capitalized on investments in unconsolidated entities
(4,571
)
 
(7,220
)
 
(8,824
)
Previously capitalized interest transferred to investments in unconsolidated entities


 


 
(8,708
)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory
5,327

 
3,052

 
2,358

Interest capitalized, end of year
$
311,323

 
$
319,364

 
$
352,049