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Investments in Unconsolidated Entities (Tables) | 6 Months Ended
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Apr. 30, 2018
Investments in and Advances to Affiliates, Schedule of Investments [Abstract] |
Summary of Joint Venture Information [Table Text Block] | The table below provides information as of April 30, 2018, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands):
| Land Development Joint Ventures |  | Home Building Joint Ventures |  | Rental Property Joint Ventures |  | Gibraltar Joint Ventures |  | Total
Number of unconsolidated entities | 7 |  | 4 |  | 14 |  | 5 |  | 30
Investment in unconsolidated entities | $ | 222,099 |  |  | $ | 86,220 |  |  | $ | 134,252 |  |  | $ | 14,191 |  |  | $ | 456,762 |
Number of unconsolidated entities with funding commitments by the Company | 4 |  | 1 |  | 1 |  | 1 |  |  | 7
Company’s remaining funding commitment to unconsolidated entities | $ | 22,081 |  |  | $ | 8,300 |  |  | $ | 530 |  |  | $ | 9,621 |  |  | $ | 40,532 |
Summary of Joint Ventures Borrowing information [Table Text Block] | Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at April 30, 2018, regarding the debt financing obtained by category ($ amounts in thousands):
| Land Development Joint Ventures |  | Home Building Joint Ventures |  | Rental Property Joint Ventures |  | Total
Number of joint ventures with debt financing | 4 |  | 3 |  | 13 |  | 20
Aggregate loan commitments | $ | 198,500 |  |  | $ | 381,441 |  |  | $ | 1,062,138 |  |  | $ | 1,642,079 |
Amounts borrowed under loan commitments | $ | 184,834 |  |  | $ | 217,273 |  |  | $ | 768,254 |  |  | $ | 1,170,361 |
Condensed balance sheet | Condensed Balance Sheets:
| April 30, 2018 |  | October 31, 2017
Cash and cash equivalents | $ | 117,419 |  |  | $ | 153,828 |
Inventory | 1,064,578 |  |  | 1,148,209 |
Loans receivable, net | 13,605 |  |  | 22,495 |
Rental properties | 837,381 |  |  | 970,497 |
Rental properties under development | 322,958 |  |  | 190,541 |
Real estate owned | 34,329 |  |  | 53,902 |
Other assets | 156,690 |  |  | 156,618 |
Total assets | $ | 2,546,960 |  |  | $ | 2,696,090 |
Debt, net of deferred financing costs | $ | 1,156,927 |  |  | $ | 1,199,583 |
Other liabilities | 156,538 |  |  | 135,292 |
Members’ equity | 1,201,558 |  |  | 1,332,285 |
Noncontrolling interest | 31,937 |  |  | 28,930 |
Total liabilities and equity | $ | 2,546,960 |  |  | $ | 2,696,090 |
Company’s net investment in unconsolidated entities (1) | $ | 456,762 |  |  | $ | 481,758 |
(1) | Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of the acquisition price of an investment in a Land Development Joint Venture in fiscal 2012 that was in excess of our pro rata share of the underlying equity; impairments related to our investments in unconsolidated entities; interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; gains recognized from the sale of our ownership interests; and distributions from entities in excess of the carrying amount of our net investment.
Condensed statements of operations and comprehensive income | Condensed Statements of Operations:
| Six months ended April 30, |  | Three months ended April 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Revenues | $ | 276,284 |  |  | $ | 500,727 |  |  | $ | 82,663 |  |  | $ | 205,024 |
Cost of revenues | 209,410 |  |  | 290,894 |  |  | 60,660 |  |  | 125,188 |
Other expenses | 44,584 |  |  | 39,722 |  |  | 20,297 |  |  | 18,588 |
Total expenses | 253,994 |  |  | 330,616 |  |  | 80,957 |  |  | 143,776 |
Gain on disposition of loans and real estate owned | 26,480 |  |  | 31,639 |  |  | 11,809 |  |  | 22,753 |
Income from operations | 48,770 |  |  | 201,750 |  |  | 13,515 |  |  | 84,001 |
Other income | 80,866 |  |  | 9,497 |  |  | 1,502 |  |  | 6,912 |
Income before income taxes | 129,636 |  |  | 211,247 |  |  | 15,017 |  |  | 90,913 |
Income tax provision | 349 |  |  | 6,314 |  |  | 151 |  |  | 2,487 |
Net income including earnings from noncontrolling interests | 129,287 |  |  | 204,933 |  |  | 14,866 |  |  | 88,426 |
Less: income attributable to noncontrolling interest | (11,937 | ) |  | (13,089 | ) |  | (5,855 | ) |  | (11,009 | )
Net income attributable to controlling interest | $ | 117,350 |  |  | $ | 191,844 |  |  | $ | 9,011 |  |  | $ | 77,417 |
Company’s equity in earnings of unconsolidated entities (2) | $ | 41,444 |  |  | $ | 92,349 |  |  | $ | 2,564 |  |  | $ | 45,904 |
(2) | Differences between our equity in earnings of unconsolidated entities and the underlying net income of the entities are primarily a result of a basis difference of an acquired joint venture interest; distributions from entities in excess of the carrying amount of our net investment; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.

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