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v3.23.1

Commitments and Contingencies (Tables) | 6 Months Ended
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Apr. 30, 2023
Commitments and Contingencies Disclosure [Abstract] |
Company land purchase commitments | Information regarding our land purchase contracts, as of the dates indicated, is provided in the table below (amounts in thousands):
| April 30, 2023 |  | October 31, 2022
Aggregate purchase price: |  |  |
Unrelated parties | $ | 4,031,720 |  |  | $ | 4,279,660 |
Unconsolidated entities that the Company has investments in | 33,503 |  |  | 42,057 |
Total | $ | 4,065,223 |  |  | $ | 4,321,717 |
Deposits against aggregate purchase price | $ | 450,800 |  |  | $ | 463,452 |
Additional cash required to acquire land | 3,614,423 |  |  | 3,858,265 |
Total | $ | 4,065,223 |  |  | $ | 4,321,717 |
Amount of additional cash required to acquire land included in accrued expenses | $ | 119,141 |  |  | $ | 34,994 |
Company mortgage commitments | Information regarding our mortgage commitments, as of the dates indicated, is provided in the table below (amounts in thousands):
| April 30, 2023 |  | October 31, 2022
Aggregate mortgage loan commitments: |  |  |
IRLCs | $ | 452,156 |  |  | $ | 669,631 |
Non-IRLCs | 2,030,535 |  |  | 2,429,063 |
Total | $ | 2,482,691 |  |  | $ | 3,098,694 |
Investor commitments to purchase: |  |  |
IRLCs | $ | 452,156 |  |  | $ | 669,631 |
Mortgage loans held for sale | 106,006 |  |  | 186,666 |
Total | $ | 558,162 |  |  | $ | 856,297 |

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- Definition Tabular disclosure of arrangements in which the entity has agreed to procure goods or services from one or more suppliers. May include identification of the goods or services to be purchased, identity of the seller, pricing, effects on pricing for failing to reach minimum quantities required to be purchased (such as penalties), cancellation rights, and termination provisions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(19)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(17)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(25)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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