Receivables, Prepaid Expenses, and Other Assets

6 Months Ended

Apr. 30, 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 April 30, 2021 and October 31, 2020, consisted of the following (amounts in thousands):

	April 30, 2021		October 31, 2020
Expected recoveries from insurance carriers and others	$	76,468	$	79,269
Improvement cost receivable	83,160		86,116
Escrow cash held by our captive title company	29,954		24,712
Properties held for rental apartment and commercial development	437,029		542,796
Prepaid expenses	24,213		28,104
Right-of-use asset	101,751		105,004
Other	97,189		90,293
	$	849,764	$	956,294

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

As of April 30, 2021 and October 31, 2020, properties held for rental apartment and commercial development include $114.0 million and $163.0 million, respectively, of assets related to consolidated VIEs. See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.