Inventory (Tables)

12 Months Ended

Oct. 31, 2015

Inventory at October 31, 2015 and 2014 consisted of the following (amounts in thousands):



	2015		2014
Land controlled for future communities	$	75,214	$	122,533
Land owned for future communities	2,033,447		2,355,874
Operating communities	4,888,855		4,011,914
	$	6,997,516	$	6,490,321

Temporarily Closed communities

Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2015, 2014, and 2013, is provided in the table below ($ amounts in thousands):



	2015		2014		2013
Land owned for future communities:
Number of communities	15		16		25
Carrying value (in thousands)	$	119,138	$	122,015	$	153,498
Operating communities:
Number of communities	11		9		15
Carrying value (in thousands)	$	63,668	$	42,092	$	88,534

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, 2015, 2014, and 2013, as shown in the table below (amounts in thousands):



Charge:	2015		2014		2013
Land controlled for future communities	$	809	$	3,123	$	1,183
Land owned for future communities	12,600
Operating communities	22,300		17,555		3,340
	$	35,709	$	20,678	$	4,523

Interest incurred, capitalized and expensed

Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2015, 2014, and 2013, was as follows (amounts in thousands):



	2015			2014			2013
Interest capitalized, beginning of year	$	356,180		$	343,077		$	330,581
Interest incurred	155,170			163,815			134,198
Interest expensed to cost of revenues	(142,947		)	(137,457		)	(112,321		)
Write-off against other income	(3,843		)	(5,394		)	(2,917		)
Interest capitalized on investments in unconsolidated entities	(7,467		)	(9,672		)	(6,464		)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	16,035			1,811
Interest capitalized, end of year	$	373,128		$	356,180		$	343,077