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Fair Value Disclosures (Tables) | 9 Months Ended
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Jul. 31, 2014
Fair Value Disclosures [Abstract] |
Summary of assets and (liabilities), measured at fair value on a recurring basis | The table below provides, as of the date indicated, a summary of assets (liabilities) related to our financial instruments, measured at fair value on a recurring basis (amounts in thousands):
|  |  | Fair value
Financial Instrument | Fair value hierarchy |  | July 31, 2014 |  | October 31, 2013
Corporate Securities | Level 2 |  | $ | 12,006 |  |  | $ | 52,508 |
Residential Mortgage Loans Held for Sale | Level 2 |  | $ | 98,535 |  |  | $ | 113,517 |
Forward Loan Commitments—Residential Mortgage Loans Held for Sale | Level 2 |  | $ | 343 |  |  | $ | (496 | )
Interest Rate Lock Commitments (“IRLCs”) | Level 2 |  | $ | (919 | ) |  | $ | (181 | )
Forward Loan Commitments—IRLCs | Level 2 |  | $ | 919 |  |  | $ | 181 |
Aggregate unpaid principal and fair value of mortgage loans held for sale | The table below provides, as of the date indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale (amounts in thousands):
| Aggregate unpaid principal balance |  | Fair value |  | Excess
At July 31, 2014 | $ | 97,896 |  |  | $ | 98,535 |  |  | $ | 639 |
At October 31, 2013 | $ | 111,896 |  |  | $ | 113,517 |  |  | $ | 1,621 |
Summary of amortized cost gross unrealized holding gains and losses | The table below provides, as of the date indicated, the amortized cost, gross unrealized holding gains, gross unrealized holding losses, and fair value of marketable securities (amounts in thousands):
| July 31, 2014 |  | October 31, 2013
Amortized cost | $ | 12,036 |  |  | $ | 52,502 |
Gross unrealized holding gains |  |  |  | 71 |
Gross unrealized holding losses | (30 | ) |  | (65 | )
Fair value | $ | 12,006 |  |  | $ | 52,508 |
Fair Value, Measurement Inputs, Disclosure [Table Text Block] | The table below summarizes, for the periods indicated, the ranges of certain quantitative unobservable inputs utilized in determining the fair value of impaired communities:
| Selling price per unit (in thousands) |  | Sales pace per year (in units) |  | Discount rate
Three months ended July 31, 2014 | $698 - $1,233 |  | 10 - 22 |  | 15.9%
Three months ended April 30, 2014 | $634 - $760 |  | 4 - 7 |  | 12.0% - 15.3%
Three months ended January 31, 2014 | $388 - $405 |  | 21 - 23 |  | 16.6%
Three months ended October 31, 2013 | $315 - $362 |  | 2 - 7 |  | 15.0%
Three months ended July 31, 2013 | $475 - $500 |  | 2 |  | 15.0%
Three months ended April 30, 2013 | — |  | — |  | —%
Three months ended January 31, 2013 | $303 - $307 |  | 15 |  | 15.3%
Fair value of inventory adjusted for impairment | The table below provides, for the periods indicated, the fair value of operating communities whose carrying value was adjusted and the amount of impairment charges recognized ($ amounts in thousands):
|  |  | Impaired operating communities
Three months ended: | Number of communities tested |  | Number of communities |  | Fair value of communities, net of impairment charges |  | Impairment charges
Fiscal 2014: |  |  |  |  |  |  |
January 31 | 67 |  | 1 |  | $ | 7,131 |  |  | $ | 1,300 |
April 30 | 65 |  | 2 |  | $ | 6,211 |  |  | 1,600 |
July 31 | 63 |  | 1 |  | $ | 14,122 |  |  | 4,800 |
|  |  |  |  |  |  | $ | 7,700 |
Fiscal 2013: |  |  |  |  |  |  |
January 31 | 60 |  | 2 |  | $ | 5,377 |  |  | $ | 700 |
April 30 | 79 |  | 1 |  | $ | 749 |  |  | 340 |
July 31 | 76 |  | 1 |  | $ | 191 |  |  | 100 |
October 31 | 63 |  | 2 |  | $ | 6,798 |  |  | 2,200 |
|  |  |  |  |  |  | $ | 3,340 |
Carrying value and estimated fair value of distressed loan portfolio | The table below provides, as of the date indicated, the carrying amount and estimated fair value of distressed loans (amounts in thousands):
| July 31, 2014 |  | October 31, 2013
Carrying amount | $ | 4,251 |  |  | $ | 36,374 |
Estimated fair value | $ | 4,251 |  |  | $ | 45,355 |
Book value and estimated fair value of the Company's debt | The table below provides, as of the date indicated, the book value and estimated fair value of our debt (amounts in thousands):
|  |  | July 31, 2014 |  | October 31, 2013
| Fair value hierarchy |  | Book value |  | Estimated fair value |  | Book value |  | Estimated fair value
Loans payable (a) | Level 2 |  | $ | 636,126 |  |  | $ | 634,535 |  |  | $ | 107,222 |  |  | $ | 106,988 |
Senior notes (b) | Level 1 |  | 2,657,376 |  |  | 2,831,215 |  |  | 2,325,336 |  |  | 2,458,737 |
Mortgage company warehouse loan (c) | Level 2 |  | 87,830 |  |  | 87,830 |  |  | 75,000 |  |  | 75,000 |
|  |  | $ | 3,381,332 |  |  | $ | 3,553,580 |  |  | $ | 2,507,558 |  |  | $ | 2,640,725 |
(a) | The estimated fair value of loans payable was based upon interest rates that we believed were available to us for loans with similar terms and remaining maturities as of the applicable valuation date.
(b) | The estimated fair value of our senior notes is based upon their indicated market prices.
(c) | We believe that the carrying value of our mortgage company warehouse loan borrowings approximates their fair value.

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- Definition Fair value by balance sheet grouping related to non performing loan portfolios. + References No definition available. + Details
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- Definition Fair value of inventory adjusted for impairment and the amount of impairment charges recognized. + References No definition available. + Details
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- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13433-108611 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13476-108611 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 + Details
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- Definition The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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