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Note 3 - Interest (Tables)
9 Months Ended
Jul. 31, 2021
Notes Tables  
Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  

July 31,

  

July 31,

 

(In thousands)

 

2021

  

2020

  

2021

  

2020

 

Interest capitalized at beginning of period

 $59,772  $67,744  $65,010  $71,264 

Plus interest incurred(1)

  39,181   45,140   122,508   134,797 

Less cost of sales interest expensed

  19,240   21,814   58,130   58,539 

Less other interest expensed(2)(3)

  19,158   27,072   65,166   78,944 

Less interest contributed to unconsolidated joint venture(4)

  -   -   3,667   4,580 

Plus interest acquired from unconsolidated joint venture(5)

  3,118   -   3,118   - 

Interest capitalized at end of period(6)

 $63,673  $63,998  $63,673  $63,998 
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  July 31,  July 31, 

(In thousands)

 

2021

  

2020

  

2021

  

2020

 

Other interest expensed

 $19,158  $27,072  $65,166  $78,944 

Interest paid by our mortgage and finance subsidiaries

  602   419   1,554   1,698 

Increase in accrued interest

  (12,139)  (13,876)  (11,897)  (31,247)

Cash paid for interest, net of capitalized interest

 $7,621  $13,615  $54,823  $49,395