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Note 3 - Interest (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jul. 31, 2019 | Jul. 31, 2018 | Jul. 31, 2019 | Jul. 31, 2018
Real Estate Inventory Expense Not Eligible for Capitalization | [1],[2] | $ 22,377 | $ 24,859 | $ 67,313 | $ 80,078
Qualifying Assets Not Exceeding Debt [Member] |  |  |  |  |
Real Estate Inventory Expense Not Eligible for Capitalization |  | 13,700 | 20,200 | 46,400 | 59,700
Completed Homes, Land in Planning and Fully Developed Lots without Homes under Construction [Member] |  |  |  |  |
Real Estate Inventory Expense Not Eligible for Capitalization |  | $ 8,700 | $ 4,600 | $ 21,000 | $ 20,400
[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 Months Ended July 31, Nine Months Ended July 31, (In thousands) 2019 2018 2019 2018 Other interest expensed $22,377 $24,859 $67,313 $80,078 Interest paid by our mortgage and finance subsidiaries 673 616 1,876 1,802 Decrease in accrued interest 15,404 20,672 13,105 23,974 Cash paid for interest, net of capitalized interest $38,454 $46,147 $82,294 $105,854
[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 $13.7 million and $20.2 million for the three months ended July 31, 2019 and 2018, respectively, and $46.4 million and $59.7 million for the nine months ended July 31, 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 $8.7 million and $4.6 million for the three months ended July 31, 2019 and 2018, respectively, and $21.0 million and $20.4 million for the nine months ended July 31, 2019 and 2018, respectively.

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- Definition Interest cost which does not qualify for interest capitalization. + References No definition available. + Details
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