XML 56 R40.htm IDEA: XBRL DOCUMENT
v3.23.4

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2023
Commitments and Contingencies Disclosure [Abstract] |
Company purchase commitments | Information regarding our land purchase contracts at October 31, 2023 and 2022, is provided in the table below (amounts in thousands):
| 2023 |  | 2022
Aggregate purchase price: |  |  |
Unrelated parties | $ | 4,191,160 |  |  | $ | 4,279,660 |
Unconsolidated entities that the Company has investments in | 31,477 |  |  | 42,057 |
Total | $ | 4,222,637 |  |  | $ | 4,321,717 |
Deposits against aggregate purchase price | $ | 449,925 |  |  | $ | 463,452 |
Additional cash required to acquire land | 3,772,712 |  |  | 3,858,265 |
Total | $ | 4,222,637 |  |  | $ | 4,321,717 |
Amount of additional cash required to acquire land included in accrued expenses | $ | 254,030 |  |  | $ | 34,994 |
Company mortgage commitments | Information regarding our mortgage commitments at October 31, 2023 and 2022, is provided in the table below (amounts in thousands):
| 2023 |  | 2022
Aggregate mortgage loan commitments: |  |  |
IRLCs | $ | 354,716 |  |  | $ | 669,631 |
Non-IRLCs | 1,818,486 |  |  | 2,429,063 |
Total | $ | 2,173,202 |  |  | $ | 3,098,694 |
Investor commitments to purchase: |  |  |
IRLCs | $ | 354,716 |  |  | $ | 669,631 |
Mortgage loans receivable | 104,703 |  |  | 186,666 |
Total | $ | 459,419 |  |  | $ | 856,297 |
Lessee, Operating Lease, Liability, Maturity | Information regarding our remaining lease payments as of October 31, 2023 is provided in the table below (amounts in thousands):
Year ended October 31,
2024 |  | $ | 23,000 |
2025 |  | 20,600 |
2026 |  | 18,600 |
2027 |  | 15,300 |
2028 |  | 12,700 |
Thereafter |  | 139,700 |
Total lease payments (1) |  | $ | 229,900 |
Less: Interest (2) |  | 106,000 |
Present value of lease liabilities |  | $ | 123,900 |
(1) Lease payments include options to extend lease terms that are reasonably certain of being exercised. (2) Our leases do not provide a readily determinable implicit rate. Therefore, we estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date.

X
- Definition Company mortgage commitments. + References No definition available. + Details
Name: | tol_CompanyMortgageCommitmentsTableTextBlock
Namespace Prefix: | tol_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount. + References No definition available. + Details
Name: | us-gaap_LongTermPurchaseCommitmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration