Receivables, Prepaid Expenses, and Other Assets

3 Months Ended

Jan. 31, 2021

Receivables, prepaid expenses and other assets [Abstract]

Receivables, Prepaid Expenses, and Other Assets [Text Block]

Receivables, Prepaid Expenses, and Other Assets

Receivables, prepaid expenses, and other assets at January 31, 2021 and October 31, 2020, consisted of the following (amounts in thousands):

	January 31, 2021		October 31, 2020
Expected recoveries from insurance carriers and others	$	77,180	$	79,269
Improvement cost receivable	85,539		86,116
Escrow cash held by our captive title company	28,540		24,712
Properties held for rental apartment and commercial development	504,580		542,796
Prepaid expenses	29,472		28,104
Right-of-use asset	101,495		105,004
Other	80,969		90,293
	$	907,775	$	956,294

See Note 7, “Accrued Expenses,” for additional information regarding the expected recoveries from insurance carriers and others.

As of January 31, 2021 and October 31, 2020, properties held for rental apartment and commercial development include $113.3 million and $163.0 million, respectively, of assets related to consolidated VIEs. See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.