Receivables, Prepaid Expenses, and Other Assets

9 Months Ended

Jul. 31, 2022

Receivables, prepaid expenses and other assets [Abstract]

Receivables, Prepaid Expenses, and Other Assets

Receivables, Prepaid Expenses, and Other Assets

Receivables, prepaid expenses, and other assets at July 31, 2022 and October 31, 2021, consisted of the following (amounts in thousands):

	July 31, 2022		October 31, 2021
Expected recoveries from insurance carriers and others	$	14,172	$	16,773
Improvement cost receivable	71,202		67,626
Escrow cash held by our wholly owned title company	79,211		41,429
Properties held for rental apartment and commercial development	191,283		381,401
Prepaid expenses	39,159		34,960
Right-of-use asset	105,280		96,276
Other	144,802		99,613
	$	645,109	$	738,078

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

As of October 31, 2021, properties held for rental apartment and commercial development include $90.8 million of assets related to consolidated VIEs. There were no consolidated VIE assets included in properties held for rental apartment and commercial development as of July 31, 2022. See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.