Accrued Expenses

Accrued expenses at January 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands):



	January 31, 2016		October 31, 2015
Land, land development, and construction	$	106,885	$	118,634
Compensation and employee benefits	121,262		125,045
Self-insurance	115,084		113,727
Warranty	90,661		93,083
Interest	39,195		26,926
Commitments to unconsolidated entities	5,534		5,534
Other	128,456		125,117
	$	607,077	$	608,066

As previously disclosed in Note 7, “Accrued Expenses” in our 2015 Form 10-K, we determined that we will need to make stucco-related repairs to homes in certain completed communities located in Pennsylvania and Delaware (which are in our Mid-Atlantic region). We continue to review our potential liability as new claims are submitted, and we believe that at January 31, 2016, our existing reserves and insurance were sufficient. Due to the degree of judgment required and the potential for variability in our underlying assumptions, our actual future costs could differ from those estimated.

In addition, also as previously disclosed in Note 7, “Accrued Expenses” in our 2015 Form 10-K, we have received construction claims from three related multifamily community associations in California alleging issues with design and construction and damage to exterior common area elements. We believe that we have coverage under multiple owner controlled insurance policies with deductibles or self-insured retention requirements that vary from policy year to policy year. We completed a settlement of one of the claims during fiscal 2015. In addition, we completed a settlement on a second claim in December 2015, which was previously accrued for as of October 31, 2015. As of January 31, 2016, we believe that our existing reserves and insurance were sufficient. Due to issues related to insurance coverage on all three construction claims, the degree of judgment required, and the potential for variability in our underlying assumptions, our actual future costs could differ from our estimates.

We do not believe that any resolution of the above matters in excess of the amounts currently accrued would be material to our financial condition.

We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical experience. The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands):



	Three months ended January 31,
	2016			2015
Balance, beginning of period	$	93,083		$	86,282
Additions – homes closed during the period	4,496			3,918
Increase in accruals for homes closed in prior years	2,453			868
Charges incurred	(9,371		)	(6,373		)
Balance, end of period	$	90,661		$	84,695