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Note 6 - Restricted Cash and Deposits
12 Months Ended
Oct. 31, 2014
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Disclosure [Text Block]

6. Restricted Cash and Deposits


Restricted cash and cash equivalents on the Consolidated Balance Sheets totaled to $29.3 million and $31.9 million as of October 31, 2014 and 2013, respectively, which included cash collateralizing our letter of credit agreements and facilities and is discussed in Note 8. Also included in this balance were homebuilding and financial services customers’ deposits of $7.5 million and $15.8 million at October 31, 2014, respectively, and $5.1 million and $21.6 million as of October 31, 2013, respectively, which are restricted from use by us.


Total Homebuilding Customers’ deposits are shown as a liability on the Consolidated Balance Sheets. These liabilities are significantly more than the applicable periods’ restricted cash balances because, in some states, the deposits are not restricted from use and, in other states, we are able to release the majority of these customer deposits to cash by pledging letters of credit and surety bonds.