XML 81 R12.htm IDEA: XBRL DOCUMENT

Note 5 - Property, Plant and Equipment

12 Months Ended

Oct. 31, 2012

Property, Plant and Equipment Disclosure [Text Block]

5. Property, Plant and Equipment

Homebuilding property, plant, and equipment consists of land, land improvements, buildings, building improvements, furniture, and equipment used to conduct day-to-day business and are recorded at cost less accumulated depreciation.

Property, plant, and equipment balances as of October 31, 2012 and 2011 were as follows:

	October 31,
(In thousands)	2012		2011

Land	$	2,398	$	2,398
Buildings		66,843		66,833
Building improvements		9,475		11,832
Furniture		6,272		7,239
Equipment		39,222		40,348
Total		124,210		128,650
Less accumulated depreciation		75,686		75,384
Total	$	48,524	$	53,266

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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