Note 3 - Interest (Tables)

6 Months Ended

Apr. 30, 2016

Notes Tables

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

	Three Months Ended April 30,				Six Months Ended April 30,
(In thousands)	2016		2015		2016		2015
Interest capitalized at beginning of period		$117,113		$114,241		$123,898		$109,158
Plus interest incurred (1)		44,224		40,703		86,183		82,175
Less cost of sales interest expensed		21,444		12,013		38,287		23,331
Less other interest expensed (2)(3)		24,084		23,030		45,309		48,101
Less interest contributed to unconsolidated joint venture (4)		-		-		10,676		-
Interest capitalized at end of period (5)		$115,809		$119,901		$115,809		$119,901

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

	Three Months Ended April 30,						Six Months Ended April 30,
(In thousands)	2016			2015			2016		2015
Other interest expensed		$24,084			$23,030			$45,309		$48,101
Interest paid by our mortgage and finance subsidiaries		851			268			1,410		676
Decrease (increase) in accrued interest		(9,948	)		(8,726	)		1,268		(7,716	)
Cash paid for interest, net of capitalized interest		$14,987			$14,572			$47,987		$41,061