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Note 24 - Subsequent Events | 12 Months Ended
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Oct. 31, 2015
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | 24. Subsequent Events During December 2015, the Company announced a $175.0 million increase in our land banking arrangement with GSO Capital Partners LP (“GSO”), whereby funds managed by GSO expect to acquire a portfolio of land parcels from the Company and option finished lots on a monthly takedown basis back to the Company subject to a cost of carry. We will receive a majority of the $175.0 million funds available under our land banking program at the time we sell our existing land parcels to GSO. The remainder of the land banking program’s funds will be paid to us by GSO as reimbursement of our land development costs as incurred. In November 2015, the Company entered into a new joint venture on a land parcel we previously owned. Upon formation of the joint venture, the Company received $25.7 million of cash proceeds for our contribution of land to the joint venture.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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