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Note 3 - Summary of Significant Accounting Policies - Cash Paid for Interest, Net of Capitalized Interest (Details) - USD ($)
$ in Thousands
 12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Real Estate Inventory Expense Not Eligible for Capitalization [1],[2] $ 77,716 $ 103,801 $ 90,056
Interest paid by our mortgage and finance subsidiaries 2,102 2,165 2,536
Decrease (increase) in accrued interest 7,409 (16,482) 16,515
Cash paid for interest, net of capitalized interest $ 87,227 $ 89,484 $ 109,107
[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: Year Ended October 31, October 31, October 31, (In thousands) 2021 2020 2019 Other interest expensed $ 77,716 $ 103,801 $ 90,056 Interest paid by our mortgage and finance subsidiaries 2,102 2,165 2,536 Decrease (increase) in accrued interest 7,409 (16,482 ) 16,515 Cash paid for interest, net of capitalized interest $ 87,227 $ 89,484 $ 109,107
[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 $57.1 million, $61.9million and $56.9 million for the years ended October 31, 2021, 2020 and 2019, 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 $20.6 million, $41.9 million and $33.2 million for the years ended October 31, 2021, 2020 and 2019, respectively.