Investments in Distressed Loans and Foreclosed Real Estate (Tables)

9 Months Ended

Jul. 31, 2014

Investments in Non-Performing Loan Portfolios and Foreclosed Real Estate [Abstract]

Investment in non-performing loan portfolios

Investments in distressed loans consisted of the following as of the dates indicated (amounts in thousands):

	July 31, 2014			October 31, 2013
Unpaid principal balance	$	13,437		$	63,381
Discount on acquired loans	(9,186		)	(27,007		)
Carrying value	$	4,251		$	36,374

Activity in accretable yield for investment in non-performing loan portfolios

The accretable yield activity for investments in distressed loans accounted for under ASC 310-30 for the nine-month and three-month periods ended July 31, 2014 and 2013 was as follows (amounts in thousands):

	Nine months ended July 31,						Three months ended July 31,
	2014			2013			2014			2013
Balance, beginning of period	$	6,606		$	17,196		$	2,832		$	11,229
Additions	554			706						541
Deletions	(6,204		)	(6,027		)	(2,832		)	(2,418		)
Accretions	(956		)	(3,510		)				(987		)
Balance, end of period	$	—		$	8,365		$	—		$	8,365

Schedule of Changes in Real Estate Owned [Table Text Block]

	Nine months ended July 31,						Three months ended July 31,
	2014			2013			2014			2013
Balance, beginning of period	$	72,972		$	58,353		$	76,652		$	71,458
Additions	21,203			20,172			13,167			5,855
Sales	(13,558		)	(4,713		)	(9,366		)	(3,801		)
Impairments	(1,046		)	(505		)	(1,044		)	(490		)
Depreciation	(252		)	(395		)	(90		)	(110		)
Balance, end of period	$	79,319		$	72,912		$	79,319		$	72,912