Investments in Distressed Loans and Foreclosed Real Estate (Tables)

12 Months Ended

Oct. 31, 2015

Investments in Distressed Loans and Foreclosed Real Estate [Abstract]

Schedule of Investment in Distressed Loans and Real Estate Owned [Table Text Block]

Investments in REO and distressed loans consisted of the following at October 31, 2015 and 2014 (amounts in thousands):

	2015		2014
Investment in REO	$	50,233	$	69,799
Investment in distressed loans	1,497		4,001
	$	51,730	$	73,800

Schedule of Changes in Real Estate Owned [Table Text Block]

The following table presents the activity in REO at October 31, 2015, 2014, and 2013 (amounts in thousands):

	2015			2014			2013
Balance, beginning of period	$	69,799		$	72,972		$	58,353
Additions	2,833			22,220			23,470
Sales	(21,293		)	(23,696		)	(7,842		)
Impairments	(767		)	(1,358		)	(505		)
Depreciation	(339		)	(339		)	(504		)
Balance, end of period	$	50,233		$	69,799		$	72,972

Activity in accretable yield for investment in non-performing loan portfolios

The accretable yield activity for investments in distressed loans accounted for under ASC 310-30 for the years ended October 31, 2014 and 2013, was as follows (amounts in thousands):

	2014			2013
Balance, beginning of period	$	6,606		$	17,196
Additions	554			1,654
Deletions	(6,204		)	(7,728		)
Accretion	(956		)	(4,516		)
Balance, end of period	$	—		$	6,606