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Note 3 - Interest (Tables)
6 Months Ended
Apr. 30, 2023
Notes Tables  
Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

April 30,

  

April 30,

 

(In thousands)

 

2023

  

2022

  

2023

  

2022

 

Interest capitalized at beginning of period

 $60,795  $63,804  $59,600  $58,159 

Plus interest incurred(1)

  35,122   33,872   69,448   66,655 

Less cost of sales interest expensed

  (21,425)  (21,678)  (36,447)  (35,423)

Less other interest expensed(2)(3)

  (14,501)  (12,425)  (29,594)  (25,818)

Less interest contributed to unconsolidated joint venture(4)

  -   -   (3,016)  - 

Plus interest acquired from unconsolidated joint venture(5)

  283   -   283   - 

Interest capitalized at end of period(6)

 $60,274  $63,573  $60,274  $63,573 
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

April 30,

  

April 30,

 

(In thousands)

 

2023

  

2022

  

2023

  

2022

 

Other interest expensed

 $14,501  $12,425  $29,594  $25,818 

Interest paid by our mortgage and finance subsidiaries

  685   362   1,309   830 

Decrease (increase) in accrued interest

  15,816   18,901   (3,805)  (214)

Cash paid for interest, net of capitalized interest

 $31,002  $31,688  $27,098  $26,434