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Note 3 - Summary of Significant Accounting Policies (Details) - Interest Costs Incurred, Expensed, and Capitalized - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2013
Interest Costs Incurred, Expensed, and Capitalized [Abstract]      
Interest capitalized at beginning of year $ 109,158 [1] $ 105,093 [1] $ 116,056
Plus interest incurred(1) [2] 166,188 145,409 132,611
Less cost of sales interest expensed 59,613 53,966 52,230
Less other interest expensed(2)(3) [3],[4] 91,835 87,378 91,344
Interest capitalized at end of year(4) [1] $ 123,898 $ 109,158 $ 105,093
[1] Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest.
[2] Data does not include interest incurred by our mortgage and finance subsidiaries.
[3] Cash paid for interest, net of capitalized interest, is the sum of other interest expensed, as defined above, and interest paid by our mortgage and finance subsidiaries adjusted for the change in accrued interest on notes payable, which is calculated as follows:
[4] Other interest expensed includes interest that does not qualify for interest capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt. Also includes interest on completed homes and land in planning, which does not qualify for capitalization, and therefore, is expensed.