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Note 6 - Restricted Cash and Deposits
12 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]
6.
Restricted Cash and Deposits
 
Restricted cash and cash equivalents on the Consolidated Balance Sheets totaled to
$24.4
million and
$22.9
million as of
October 31, 2017
and
2016,
respectively, which included cash collateralizing our letter of credit agreements and facilities as discussed in Note
8.
 Also included in this balance were (
1
) homebuilding and financial services customers’ deposits of
$0.4
million and
$20.0
million at
October 31, 2017,
respectively, and
$2.2
million and
$15.1
million as of
October 31, 2016,
respectively, which are restricted from use by us, and (
2
)
$2.3
million at
October 31, 2017
and
$3.9
million at
October 31, 2016
of restricted cash under the terms of our mortgage warehouse lines of credit. Financial services restricted cash is included in Financial services other assets on the Consolidated Balance Sheets.
 
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.