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Inventory (Tables)
 12 Months Ended
Oct. 31, 2012
Inventory Disclosure [Abstract]  
Inventory
Inventory at October 31, 2012 and 2011 consisted of the following (amounts in thousands):
 
2012
 
2011
Land controlled for future communities
$
56,300

 
$
46,581

Land owned for future communities
1,040,373

 
979,145

Operating communities
2,664,514

 
2,390,997

 
$
3,761,187

 
$
3,416,723
Temporarily Closed communities
Information regarding the classification, number and carrying value of these temporarily closed communities at October 31, 2012, 2011 and 2010 is provided in the table below ($ amounts in thousands).
 
2012
 
2011
 
2010
Land owned for future communities:
 
 
 
 
 
Number of communities
40

 
43

 
36

Carrying value (in thousands)
$
240,307

 
$
256,468

 
$
212,882

Operating communities:
 
 
 
 
 
Number of communities
5

 
2

 
13

Carrying value (in thousands)
$
34,685

 
$
11,076

 
$
78,100
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 in each of the three fiscal years ended October 31, 2012, 2011 and 2010 as shown in the table below (amounts in thousands).
Charge:
2012
 
2011
 
2010
Land controlled for future communities
$
451

 
$
17,752

 
$
6,069

Land owned for future communities
1,218

 
17,000

 
55,700

Operating communities
13,070

 
17,085

 
53,489

 
$
14,739

 
$
51,837

 
$
115,258
Interest incurred, capitalized and expensed
Interest incurred, capitalized and expensed in each of the three fiscal years ended October 31, 2012, 2011 and 2010 was as follows (amounts in thousands):
 
2012
 
2011
 
2010
Interest capitalized, beginning of year
$
298,757

 
$
267,278

 
$
259,818

Interest incurred
125,783

 
114,761

 
114,975

Interest expensed to cost of revenues
(87,117
)
 
(77,623
)
 
(75,876
)
Interest directly expensed in the consolidated statements of operations
—

 
(1,504
)
 
(22,751
)
Write-off against other income
(3,404
)
 
(1,155
)
 
(8,369
)
Interest reclassified to property, construction and office equipment


 
(3,000
)
 
(519
)
Capitalized interest applicable to investments in unconsolidated entities
(3,438
)
 

 


Interest capitalized, end of year
$
330,581

 
$
298,757

 
$
267,278