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Capitalized interest
9 Months Ended
Jul. 31, 2016
Capitalized interest [Abstract]  
Capitalized interest

Note 6 – Capitalized interest

Interest costs associated with amounts expended at the Grande Rotunda development are capitalized and included in the cost of the project. Interest capitalized during the nine months ended July 31, 2016 and 2015 amounted to approximately $2,611,000 and $1,600,000, respectively, and $916,000 and $667,000 for the three months ended July 31, 2016 and 2015, respectively. Capitalization of interest ceased upon substantial completion of the project which occurred as of the end of the third quarter of Fiscal 2016.