Receivables, Prepaid Expenses and Other Assets

12 Months Ended

Oct. 31, 2021

Receivables, prepaid expenses and other assets [Abstract]

Receivables, prepaid expenses and other assets [Text Block]

5. Receivables, Prepaid Expenses, and Other Assets

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

	2021		2020
Expected recoveries from insurance carriers and others	$	16,773	$	79,269
Improvement cost receivable	67,626		86,116
Escrow cash held by our captive title company	41,429		24,712
Properties held for rental apartment and commercial development	381,401		542,796
Prepaid expenses	34,960		28,104
Right-of-use asset	96,276		105,004
Other	99,613		90,293
	$	738,078	$	956,294

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

As of October 31, 2021 and 2020, properties held for rental apartment and commercial development include $90.8 million and $163.0 million, respectively, of assets related to consolidated VIEs. See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.