Inventory (Tables)

9 Months Ended

Jul. 31, 2016

Inventory at July 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands):



	July 31, 2016		October 31, 2015
Land controlled for future communities	$	79,319	$	75,214
Land owned for future communities	2,021,007		2,033,447
Operating communities	5,570,197		4,888,855
	$	7,670,523	$	6,997,516

Temporarily Closed communities

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



	July 31, 2016		October 31, 2015
Land owned for future communities:
Number of communities	20		15
Carrying value (in thousands)	$	139,277	$	119,138
Operating communities:
Number of communities	5		11
Carrying value (in thousands)	$	28,261	$	63,668

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 believed not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands):



	Nine months ended July 31,				Three months ended July 31,
	2016		2015		2016		2015
Land controlled for future communities	$	3,103	$	679	$	2,469	$	69
Land owned for future communities	300		12,600				11,900
Operating communities	7,950		18,000		1,250		6,000
	$	11,353	$	31,279	$	3,719	$	17,969

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,
	2016			2015			2016			2015
Interest capitalized, beginning of period	$	373,128		$	356,180		$	383,482		$	372,894
Interest incurred	122,079			117,896			41,667			37,438
Interest expensed to cost of revenues	(107,176		)	(94,942		)	(39,431		)	(36,989		)
Write-off against other income	(606		)	(2,795		)	(297		)	(1,057		)
Interest capitalized on investments in unconsolidated entities	(3,947		)	(6,149		)	(1,704		)	(1,324		)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	687			15,915			448			15,143
Interest capitalized, end of period	$	384,165		$	386,105		$	384,165		$	386,105