Note 3 - Interest (Tables)

3 Months Ended

Jan. 31, 2020

Notes Tables

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

	Three Months Ended
	January 31,
(In thousands)	2020	2019
Interest capitalized at beginning of period	$71,264	$68,117
Plus interest incurred(1)	44,334	38,853
Less cost of sales interest expensed	18,136	10,242
Less other interest expensed(2)(3)	25,003	22,273
Less interest contributed to unconsolidated joint venture(4)	4,580	-
Interest capitalized at end of period(5)	$67,879	$74,455

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

	Three Months Ended January 31,
(In thousands)	2020		2019
Other interest expensed	$25,003		$22,273
Interest paid by our mortgage and finance subsidiaries	770		689
(Increase) decrease in accrued interest	(11,818	)	17,477
Cash paid for interest, net of capitalized interest	$13,955		$40,439