Note 3 - Interest (Tables)

9 Months Ended

Jul. 31, 2016

Notes Tables

Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]

	Three Months Ended July 31,		Nine Months Ended July 31,
(In thousands)	2016	2015	2016	2015
Interest capitalized at beginning of period	$115,809	$119,901	$123,898	$109,158
Plus interest incurred (1)	40,300	41,856	126,483	124,031
Less cost of sales interest expensed	28,406	16,323	66,693	39,654
Less other interest expensed (2)(3)	23,159	22,493	68,468	70,594
Less interest contributed to unconsolidated joint venture (4)	-	-	10,676	-
Interest capitalized at end of period (5)	$104,544	$122,941	$104,544	$122,941

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

	Three Months Ended July 31,		Nine Months Ended July 31,
(In thousands)	2016	2015	2016	2015
Other interest expensed	$23,159	$22,493	$68,468	$70,594
Interest paid by our mortgage and finance subsidiaries	706	618	2,116	1,294
Decrease in accrued interest	8,641	9,381	9,909	1,665
Cash paid for interest, net of capitalized interest	$32,506	$32,492	$80,493	$73,553