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Note 3 - Interest (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Apr. 30, 2022 | Apr. 30, 2021 | Apr. 30, 2022 | Apr. 30, 2021
Real Estate Inventory Expense Not Eligible for Capitalization | [1],[2] | $ 12,425 | $ 22,033 | $ 25,818 | $ 46,008
Qualifying Assets Not Exceeding Debt [Member] |  |  |  |  |
Real Estate Inventory Expense Not Eligible for Capitalization |  | 9,000 | 17,500 | 20,500 | 33,700
Completed Homes, Land in Planning and Fully Developed Lots without Homes under Construction [Member] |  |  |  |  |
Real Estate Inventory Expense Not Eligible for Capitalization |  | $ 3,400 | $ 4,500 | $ 5,300 | $ 12,300
[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:
[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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.

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