Inventory (Tables)

9 Months Ended

Jul. 31, 2012

Inventory at July 31, 2012 and October 31, 2011 consisted of the following (amounts in thousands):



	July 31, 2012		October 31, 2011
Land controlled for future communities	$	52,662	$	46,581
Land owned for future communities	1,096,396		979,145
Operating communities	2,635,647		2,390,997
	$	3,784,705	$	3,416,723

Temporarily Closed communities

Information regarding the classification, number and carrying value of these temporarily closed communities, as of the date indicated, is provided in the table below.



	July 31, 2012		October 31, 2011
Land owned for future communities:
Number of communities	35		43
Carrying value (in thousands)	$	206,744	$	256,468
Operating communities:
Number of communities	10		2
Carrying value (in thousands)	$	52,135	$	11,076

Inventory impairment charges and expensing of costs that it is believed not to be recoverable

The Company provided for inventory impairment charges and the expensing of costs that it believed not to be recoverable, for the periods indicated; these are shown in the table below (amounts in thousands).



	Nine months ended July 31,				Three months ended July 31,
	2012		2011		2012		2011
Charge:
Land controlled for future communities	$	661	$	2,486	$	435	$	637
Land owned for future communities	918		16,000		—		16,000
Operating communities	11,670		16,375		2,685		175
	$	13,249	$	34,861	$	3,120	$	16,812

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,
	2012			2011			2012			2011
Interest capitalized, beginning of period	$	298,757		$	267,278		$	322,516		$	285,508
Interest incurred	93,027			86,820			32,560			28,387
Interest expensed to cost of revenues	(59,823		)	(56,327		)	(25,834		)	(20,946		)
Interest directly expensed to operations	—			(1,504		)	—			—
Write-off against other income	(1,664		)	(861		)	(82		)	(543		)
Interest reclassified to property, construction and office equipment	—			(3,000		)	—			—
Interest capitalized on investments in unconsolidated entities	(2,260		)	—			(1,123		)	—
Interest capitalized, end of period	$	328,037		$	292,406		$	328,037		$	292,406

Periods Indicated Number Of Operating Communities Impairment Charges And Fair Value Of Communities Net Of Impairment Charges [Table Text Block]

The table below provides, for the periods indicated, the number of operating communities that the Company tested for potential impairment, the number of operating communities in which it recognized impairment charges, the amount of impairment charges recognized, and, as of the end of the period indicated, the fair value of those communities, net of impairment charges ($ amounts in thousands).



		Impaired operating communities
Three months ended:	Number of communities tested	Number of communities	Fair value of communities, net of impairment charges		Impairment charges
Fiscal 2012:
January 31	113	8	$	49,758	$	6,425
April 30	115	2	$	22,962	2,560
July 31	115	4	$	6,609	2,685
					$	11,670
Fiscal 2011:
January 31	143	6	$	56,105	$	5,475
April 30	142	9	$	40,765	10,725
July 31	129	2	$	867	175
October 31	114	3	$	3,367	710
					$	17,085