Inventory (Tables)

6 Months Ended

Apr. 30, 2022

Inventory at April 30, 2022 and October 31, 2021 consisted of the following (amounts in thousands):


	April 30, 2022		October 31, 2021
Land controlled for future communities	$	218,402	$	185,656
Land owned for future communities	933,730		564,737
Operating communities	7,826,684		7,165,491
	$	8,978,816	$	7,915,884

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):


	Three months ended April 30,				Six months ended April 30,
	2022		2021		2022		2021
Land controlled for future communities	$	2,192	$	1,581	$	2,985	$	1,747
Land owned for future communities	—		—		1,440		—
Operating communities	—		—		—		1,100
	$	2,192	$	1,581	$	4,425	$	2,847

Interest incurred, capitalized and expensed

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


	Three months ended April 30,				Six months ended April 30,
	2022		2021		2022		2021
Interest capitalized, beginning of period	$	247,942	$	302,961	$	253,938	$	297,975
Interest incurred	31,888		38,047		62,893		79,315
Interest expensed to home sales cost of revenues	(40,822)		(44,092)		(73,259)		(77,417)
Interest expensed to land sales and other cost of revenues	(219)		(579)		(3,628)		(2,417)


Interest capitalized on investments in unconsolidated entities	(1,516)		(1,192)		(2,806)		(2,326)

Previously capitalized interest on investments in unconsolidated entities transferred to inventory	60		—		195		15
Interest capitalized, end of period	$	237,333	$	295,145	$	237,333	$	295,145