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Note 3 - Interest - Cash Paid for Interest, Net of Capitalized Interest (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Other interest expensed [1],[2] $ 22,663 $ 26,088 $ 44,936 $ 55,219
Interest paid by our mortgage and finance subsidiaries 514 585 1,203 1,186
(Increase) decrease in accrued interest (19,776) (23,448) (2,299) 3,302
Cash paid for interest, net of capitalized interest $ 3,401 $ 3,225 $ 43,840 $ 59,707
[1] 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: Three and Six Months Ended April 30, (In thousands) 2019 2018 Other interest expensed $22,663 $26,088 $44,936 $55,219 Interest paid by our mortgage and finance subsidiaries $514 $585 $1,203 $1,186 Decrease in accrued interest $19,776 $23,448 $2,299 $3,302 Cash paid for interest, net of capitalized interest $3,401 $3,225 $43,840 $59,707
[2] 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, which amounted to $15.1 million and $19.9 million for the three months ended April 30, 2019 and 2018, respectively, and $32.7 million and $39.5 million for the six months ended April 30, 2019 and 2018, respectively. Other interest also includes interest on completed homes, land in planning and fully developed lots without homes under construction, which does not qualify for capitalization, and therefore, is expensed. This component of other interest was $7.6 million and $6.2 million for the three months ended April 30, 2019 and 2018, respectively, and $12.3 million and $15.8 million for the six months ended April 30, 2019 and 2018, respectively.