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Inventory (Tables)
9 Months Ended
Jul. 31, 2018
Inventory Disclosure [Abstract]  
Inventory
Inventory at July 31, 2018 and October 31, 2017 consisted of the following (amounts in thousands):
 
July 31,
2018
 
October 31,
2017
Land controlled for future communities
$
126,288

 
$
87,158

Land owned for future communities
1,224,504

 
1,142,870

Operating communities
6,606,824

 
6,051,425

 
$
7,957,616

 
$
7,281,453

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,
2018
 
October 31,
2017
Land owned for future communities:
 
 
 
Number of communities
16

 
14

Carrying value (in thousands)
$
125,766

 
$
110,732

Operating communities:
 
 
 
Number of communities
1

 
6

Carrying value (in thousands)
$
2,733

 
$
26,749

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,
 
2018
 
2017
 
2018
 
2017
Land controlled for future communities
$
1,073

 
$
1,479

 
$
696

 
$
697

Land owned for future communities
1,547

 
1,540

 
1,300

 
340

Operating communities
26,126

 
8,295

 
9,065

 
1,360

 
$
28,746

 
$
11,314

 
$
11,061

 
$
2,397

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,
 
2018
 
2017
 
2018
 
2017
Interest capitalized, beginning of period
$
352,049

 
$
369,419

 
$
349,918

 
$
376,213

Interest incurred
123,028

 
130,887

 
41,760

 
45,577

Interest expensed to cost of revenues
(128,915
)
 
(114,365
)
 
(50,003
)
 
(45,879
)
Interest expensed in other income
(2,259
)
 
(2,097
)
 
(1,259
)
 
(102
)
Interest capitalized on investments in unconsolidated entities
(5,423
)
 
(6,485
)
 
(1,821
)
 
(2,271
)
Previously capitalized interest transferred to investments in unconsolidated entities

 
(4,030
)
 

 

Previously capitalized interest on investments in unconsolidated entities transferred to inventory
1,687

 
979

 
1,572

 
770

Interest capitalized, end of period
$
340,167

 
$
374,308

 
$
340,167

 
$
374,308