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Note 3 - Interest (Tables)

9 Months Ended

Jul. 31, 2023

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)		2023				2022				2023				2022
Interest capitalized at beginning of period		$	60,274			$	63,573			$	59,600			$	58,159
Plus interest incurred(1)			34,214				32,644				103,662				99,299
Less cost of sales interest expensed			(19,272	)			(22,453	)			(55,719	)			(57,876	)
Less other interest expensed(2)(3)			(13,502	)			(9,624	)			(43,096	)			(35,442	)
Less interest contributed to unconsolidated joint venture(4)			(6,440	)			-				(9,456	)			-
Plus interest acquired from unconsolidated joint venture(5)			-				-				283				-
Interest capitalized at end of period(6)		$	55,274			$	64,140			$	55,274			$	64,140

Cash Paid for Interest Net of Capitalized Interest [Table Text Block]

		Three Months Ended								Nine Months Ended
		July 31,								July 31,
(In thousands)		2023				2022				2023				2022
Other interest expensed		$	13,502			$	9,624			$	43,096			$	35,442
Interest paid by our mortgage and finance subsidiaries			723				404				2,032				1,234
Increase in accrued interest			(14,693	)			(19,194	)			(18,498	)			(19,408	)
Cash paid for interest, net of capitalized interest		$	(468	)		$	(9,166	)		$	26,630			$	17,268

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Tabular disclosure of the roll forward of capitalized interest costs.

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