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Note 3 - Interest (Tables)

3 Months Ended

Jan. 31, 2017

Notes Tables

Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]

		Three Months Ended January 31,
(In thousands)		2017			2016
Interest capitalized at beginning of period		$96,688			$123,898
Plus interest incurred(1)		38,699			41,959
Less cost of sales interest expensed		18,322			16,843
Less other interest expensed(2)(3)		22,627			21,225
Less interest transferred to unconsolidated joint venture(4)		-			10,676
Interest capitalized at end of period(5)		$94,438			$117,113

Cash Paid for Interest Net of Capitalized Interest [Table Text Block]

		Three Months Ended January 31,
(In thousands)		2017				2016
Other interest expensed			$22,627				$21,225
Interest paid by our mortgage and finance subsidiaries			629				559
Decrease in accrued interest			763				11,216
Cash paid for interest, net of capitalized interest			$24,019				$33,000