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Note 3 - Interest (Tables)
9 Months Ended
Jul. 31, 2022
Notes Tables  
Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  

July 31,

  

July 31,

 

(In thousands)

 

2022

  

2021

  

2022

  

2021

 

Interest capitalized at beginning of period

 $63,573  $59,772  $58,159  $65,010 

Plus interest incurred(1)

  32,644   39,181   99,299   122,508 

Less cost of sales interest expensed

  22,453   19,240   57,876   58,130 

Less other interest expensed(2)(3)

  9,624   19,158   35,442   65,166 

Less interest contributed to unconsolidated joint venture(4)

  -   -   -   3,667 

Plus interest acquired from unconsolidated joint venture(5)

  -   3,118   -   3,118 

Interest capitalized at end of period(6)

 $64,140  $63,673  $64,140  $63,673 
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]
  

Three Months Ended

  

Nine Months Ended

 
  

July 31,

  

July 31,

 

(In thousands)

 

2022

  

2021

  

2022

  

2021

 

Other interest expensed

 $9,624  $19,158  $35,442  $65,166 

Interest paid by our mortgage and finance subsidiaries

  404   602   1,234   1,554 

Increase in accrued interest

  (19,194)  (12,139)  (19,408)  (11,897)

Cash paid for interest, net of capitalized interest

 $(9,166) $7,621  $17,268  $54,823