Note 3 - Interest (Tables)

6 Months Ended

Apr. 30, 2017

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)	2017		2016		2017		2016
Interest capitalized at beginning of period	$	94,438	$	117,113	$	96,688	$	123,898
Plus interest incurred (1)		39,156		44,224		77,855		86,183
Less cost of sales interest expensed		20,337		21,444		38,659		38,287
Less other interest expensed (2)(3)		22,297		24,084		44,924		45,309
Less interest contributed to unconsolidated joint venture (4)		-		-		-		10,676
Interest capitalized at end of period (5)	$	90,960	$	115,809	$	90,960	$	115,809

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

	Three Months Ended April 30,					Six Months Ended April 30,
(In thousands)	2017		2016			2017		2016
Other interest expensed	$	22,297	$	24,084		$	44,924	$	45,309
Interest paid by our mortgage and finance subsidiaries		455		851			1,084		1,410
Decrease (increase) in accrued interest		591		(9,948	)		1,354		1,268
Cash paid for interest, net of capitalized interest	$	23,343	$	14,987		$	47,362	$	47,987