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Note 3 - Interest (Tables)
6 Months Ended
Apr. 30, 2021
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)

 

2021

  

2020

  

2021

  

2020

 

Interest capitalized at beginning of period

 $65,327  $67,879  $65,010  $71,264 

Plus interest incurred(1)

  41,870   45,323   83,327   89,657 

Less cost of sales interest expensed

  21,725   18,589   38,890   36,725 

Less other interest expensed(2)(3)

  22,033   26,869   46,008   51,872 

Less interest contributed to unconsolidated joint venture(4)

  3,667   -   3,667   4,580 

Interest capitalized at end of period(5)

 $59,772  $67,744  $59,772  $67,744 
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  April 30,  April 30, 

(In thousands)

 

2021

  

2020

  

2021

  

2020

 

Other interest expensed

 $22,033  $26,869  $46,008  $51,872 

Interest paid by our mortgage and finance subsidiaries

  527   509   952   1,279 

Decrease (increase) in accrued interest

  14,720   (5,553)  242   (17,371)

Cash paid for interest, net of capitalized interest

 $37,280  $21,825  $47,202  $35,780