Note 21 - Subsequent Events

3 Months Ended

Jan. 31, 2019

Notes to Financial Statements

Subsequent Events [Text Block]

21. Subsequent Events

In

February 2019,

we entered into a new joint venture, whereby we sold

eight

communities and contributed

two

 communities to the joint venture in which we own the majority of the equity. The joint venture capital was funded by equity and debt. Because of our significant equity ownership, this joint venture will be consolidated. Therefore, our condensed consolidated balance sheet will reflect cash of

$54.0

million, debt of 

$53.5

million and a minority interest of

$0.5

million as a result of the transaction.