Inventory (Tables)

3 Months Ended

Jan. 31, 2022

Inventory at January 31, 2022 and October 31, 2021 consisted of the following (amounts in thousands):


	January 31, 2022		October 31, 2021
Land controlled for future communities	$	227,659	$	185,656
Land owned for future communities	841,231		564,737
Operating communities	7,515,537		7,165,491
	$	8,584,427	$	7,915,884

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):


	Three months ended January 31,
		2022		2021
Land controlled for future communities		$	793	$	167
Land owned for future communities		1,440		—
Operating communities		—		1,100
		$	2,233	$	1,267

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,
		2022		2021
Interest capitalized, beginning of period		$	253,938	$	297,975
Interest incurred		31,005		41,268
Interest expensed to home sales cost of revenues		(32,437)		(33,325)
Interest expensed to land sales and other cost of revenues		(3,409)		(1,838)


Interest capitalized on investments in unconsolidated entities		(1,290)		(1,134)

Previously capitalized interest on investments in unconsolidated entities transferred to inventory		135		15
Interest capitalized, end of period		$	247,942	$	302,961