Inventory (Tables)

6 Months Ended

Apr. 30, 2020

Inventory at April 30, 2020 and October 31, 2019 consisted of the following (amounts in thousands):


	April 30, 2020		October 31, 2019
Land controlled for future communities	$	219,432	$	182,929
Land owned for future communities	1,043,335		868,202
Operating communities	6,932,866		6,821,917
	$	8,195,633	$	7,873,048

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:


	April 30, 2020		October 31, 2019
Land owned for future communities:
Number of communities	15		16
Carrying value (in thousands)	$	113,168	$	120,857
Operating communities:
Number of communities	1		1
Carrying value (in thousands)	$	5,824	$	2,871

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


	Six months ended April 30,						Three months ended April 30,
	2020		2019		2020		2019
Land controlled for future communities (1)	$	12,840	$	3,676	$	11,809	$	1,899
Land owned for future communities	2,105				2,105
Operating communities	300		23,280		300		17,495
	$	15,245	$	26,956	$	14,214	$	19,394

Interest incurred, capitalized and expensed

Interest incurred, capitalized, and expensed, for the periods indicated, was as follows (amounts in thousands):


	Six months ended April 30,						Three months ended April 30,
	2020		2019		2020		2019
Interest capitalized, beginning of period	$	311,323	$	319,364	$	320,751	$	330,167
Interest incurred	89,754		87,862		46,104		43,440
Interest expensed to home sales cost of revenues	(70,811)		(79,227)		(38,037)		(44,786)
Interest expensed to land sales cost of revenues	(1,304)		(635)		(737)		(283)
Interest expensed in other income	(2,440)				(2,440)

Interest capitalized on investments in unconsolidated entities	(1,778)		(3,084)		(897)		(1,270)

Previously capitalized interest on investments in unconsolidated entities transferred to inventory	120		4,303		120		1,315
Interest capitalized, end of period	$	324,864	$	328,583	$	324,864	$	328,583