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Inventory (Tables)
12 Months Ended
Oct. 31, 2017
Inventory Disclosure [Abstract]  
Inventory
Inventory at October 31, 2017 and 2016 consisted of the following (amounts in thousands):
 
2017
 
2016
Land controlled for future communities
$
87,158

 
$
71,729

Land owned for future communities
1,142,870

 
1,884,146

Operating communities
6,051,425

 
5,398,092

 
$
7,281,453

 
$
7,353,967

Temporarily Closed communities
Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2017, 2016, and 2015, is provided in the table below ($ amounts in thousands):
 
2017
 
2016
 
2015
Land owned for future communities:
 
 
 
 
 
Number of communities
14

 
18

 
15

Carrying value (in thousands)
$
110,732

 
$
123,936

 
$
119,138

Operating communities:
 
 
 
 
 
Number of communities
6

 
3

 
11

Carrying value (in thousands)
$
26,749

 
$
8,523

 
$
63,668

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, 2017, 2016, and 2015, as shown in the table below (amounts in thousands):
Charge:
2017
 
2016
 
2015
Land controlled for future communities
$
1,949

 
$
3,142

 
$
809

Land owned for future communities
3,050

 
2,300

 
12,600

Operating communities
9,795

 
8,365

 
22,300

 
$
14,794

 
$
13,807

 
$
35,709

Interest incurred, capitalized and expensed
Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2017, 2016, and 2015, was as follows (amounts in thousands):
 
2017
 
2016
 
2015
Interest capitalized, beginning of year
$
369,419

 
$
373,128

 
$
356,180

Interest incurred
175,944

 
164,001

 
155,170

Interest expensed to cost of revenues
(172,832
)
 
(160,337
)
 
(142,947
)
Write-off against other income
(4,823
)
 
(1,143
)
 
(3,843
)
Interest reclassified to property, construction, and office equipment
(485
)
 
(1,111
)
 

Interest capitalized on investments in unconsolidated entities
(8,824
)
 
(5,818
)
 
(7,467
)
Previously capitalized interest transferred to investments in unconsolidated entities
(8,708
)
 


 


Previously capitalized interest on investments in unconsolidated entities transferred to inventory
2,358

 
699

 
16,035

Interest capitalized, end of year
$
352,049

 
$
369,419

 
$
373,128