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v2.3.0.11

Note 21 | 9 Months Ended
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Jul. 31, 2011
Condensed Financial Statements Disclosure [Text Block] | 21. One of Hovnanian Enterprises, Inc.'s (the "Parent"), wholly owned subsidiaries, K. Hovnanian (the “Subsidiary Issuer”), acts as a finance entity that as of July 31, 2011, had issued and outstanding $797.0 million of senior secured notes ($786.2 million, net of discount), $832.7 million of senior notes ($827.7 million, net of discount), and $14.5 million of senior subordinated Tangible Equity Units. The senior secured notes, senior notes and senior subordinated notes are fully and unconditionally guaranteed by the Parent. In addition to the Parent, each of the wholly owned subsidiaries of the Parent other than the Subsidiary Issuer (collectively, the “Guarantor Subsidiaries”), with the exception of certain of its home mortgage subsidiaries, joint ventures, subsidiaries holding interests in its joint ventures, certain of its title insurance subsidiaries and its foreign subsidiary (collectively, the “Nonguarantor Subsidiaries”), have guaranteed fully and unconditionally, on a joint and several basis, the obligations of the Subsidiary Issuer to pay principal, interest and premiums, if any, under the senior secured notes, senior notes, and senior subordinated notes. In lieu of providing separate financial statements for the Guarantor Subsidiaries, we have included the accompanying condensed consolidating financial statements. Management does not believe that separate financial statements of the Guarantor Subsidiaries are material to users of our consolidated financial statements. Therefore, separate financial statements and other disclosures concerning the Guarantor Subsidiaries are not presented. The following condensed consolidating financial statements present the results of operations, financial position and cash flows of (i) the Parent, (ii) the Subsidiary Issuer, (iii) the Guarantor Subsidiaries, (iv) the Nonguarantor Subsidiaries and (v) the eliminations to arrive at the information for Hovnanian Enterprises, Inc. on a consolidated basis. HOVNANIAN ENTERPRISES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONDENSED CONSOLIDATING BALANCE SHEET JULY 31, 2011 (In Thousands)
|  | Parent |  |  | Subsidiary Issuer |  |  | Guarantor Subsidiaries |  |  | Nonguarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 15,549 |  |  | $ | 241,492 |  |  | $ | 1,168,560 |  |  | $ | 203,473 |  |  | $ |  |  |  | $ | 1,629,074 |
Financial services |  |  |  |  |  |  |  |  |  |  | 4,577 |  |  |  | 64,109 |  |  |  |  |  |  |  | 68,686 |
Investments in and amounts due to and from consolidated subsidiaries |  |  | (377,353 | ) |  |  | 2,144,102 |  |  |  | (2,435,297 | ) |  |  | (2,380 | ) |  |  | 670,928 |  |  |  | - |
Total assets |  | $ | (361,804 | ) |  | $ | 2,385,594 |  |  | $ | (1,262,160 | ) |  | $ | 265,202 |  |  | $ | 670,928 |  |  | $ | 1,697,760 |
LIABILITIES AND EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 980 |  |  | $ | 282 |  |  | $ | 328,852 |  |  | $ | 12,231 |  |  | $ |  |  |  | $ | 342,345 |
Financial services |  |  |  |  |  |  |  |  |  |  | 4,390 |  |  |  | 51,345 |  |  |  |  |  |  |  | 55,735 |
Notes payable |  |  |  |  |  |  | 1,663,155 |  |  |  | 101 |  |  |  |  |  |  |  |  |  |  |  | 1,663,256 |
Income taxes payable |  |  | 36,672 |  |  |  |  |  |  |  | (890 | ) |  |  |  |  |  |  |  |  |  |  | 35,782 |
Stockholders’ (deficit) equity |  |  | (399,456 | ) |  |  | 722,157 |  |  |  | (1,594,613 | ) |  |  | 201,528 |  |  |  | 670,928 |  |  |  | (399,456 | )
Non-controlling interest in consolidated joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 98 |  |  |  |  |  |  |  | 98 |
Total liabilities and equity |  | $ | (361,804 | ) |  | $ | 2,385,594 |  |  | $ | (1,262,160 | ) |  | $ | 265,202 |  |  | $ | 670,928 |  |  | $ | 1,697,760 |
CONDENSED CONSOLIDATING BALANCE SHEET OCTOBER 31, 2010 (In Thousands)
|  | Parent |  |  | Subsidiary Issuer |  |  | Guarantor Subsidiaries |  |  | Nonguarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 14,498 |  |  | $ | 334,551 |  |  | $ | 1,165,877 |  |  | $ | 200,839 |  |  | $ |  |  |  | $ | 1,715,765 |
Financial services |  |  |  |  |  |  |  |  |  |  | 4,435 |  |  |  | 97,360 |  |  |  |  |  |  | 101,795 |
Investments in and amounts due to and from consolidated subsidiaries |  |  | (330,310 | ) |  |  | 2,061,186 |  |  |  | (2,202,568 | ) |  |  | 2,009 |  |  |  | 469,683 |  |  |  | - |
Total assets |  | $ | (315,812 | ) |  | $ | 2,395,737 |  |  | $ | (1,032,256 | ) |  | $ | 300,208 |  |  | $ | 469,683 |  |  | $ | 1,817,560 |
LIABILITIES AND EQUITY: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 1,458 |  |  | $ |  |  |  | $ | 401,567 |  |  | $ | 4,463 |  |  | $ |  |  |  | $ | 407,488 |
Financial services |  |  |  |  |  |  |  |  |  |  | 4,271 |  |  |  | 85,514 |  |  |  |  |  |  |  | 89,785 |
Notes payable |  |  |  |  |  |  | 1,640,144 |  |  |  | 171 |  |  |  |  |  |  |  |  |  |  |  | 1,640,315 |
Income taxes payable |  |  | 21,298 |  |  |  |  |  |  |  | (3,388 | ) |  |  |  |  |  |  |  |  |  |  | 17,910 |
Stockholders’ (deficit) equity |  |  | (338,568 | ) |  |  | 755,593 |  |  |  | (1,434,877 | ) |  |  | 209,601 |  |  |  | 469,683 |  |  |  | (338,568 | )
Non-controlling interest in consolidated joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 630 |  |  |  |  |  |  |  | 630 |
Total liabilities and equity |  | $ | (315,812 | ) |  | $ | 2,395,737 |  |  | $ | (1,032,256 | ) |  | $ | 300,208 |  |  | $ | 469,683 |  |  | $ | 1,817,560 |
HOVNANIAN ENTERPRISES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS THREE MONTHS JULY 31, 2011 (In Thousands)
|  |  |  |  | Subsidiary |  |  | Guarantor |  |  | Nonguarantor |  |  |  |  |  |  |
|  | Parent |  |  | Issuer |  |  | Subsidiaries |  |  | Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 17 |  |  | $ | (25 | ) |  | $ | 277,591 |  |  | $ | 1,425 |  |  | $ | (1,240 | ) |  | $ | 277,768 |
Financial services |  |  |  |  |  |  |  |  |  |  | 1,409 |  |  |  | 6,441 |  |  |  |  |  |  |  | 7,850 |
Intercompany charges |  |  |  |  |  |  | 28,679 |  |  |  | (31,769 | ) |  |  | (71 | ) |  |  | 3,161 |  |  |  | - |
Total revenues |  |  | 17 |  |  |  | 28,654 |  |  |  | 247,231 |  |  |  | 7,795 |  |  |  | 1,921 |  |  |  | 285,618 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  |  | 1,159 |  |  |  | 40,672 |  |  |  | 291,688 |  |  |  | (525 | ) |  |  | (994 | ) |  |  | 332,000 |
Financial services |  |  | 76 |  |  |  |  |  |  |  | 1,241 |  |  |  | 4,230 |  |  |  |  |  |  |  | 5,547 |
Total expenses |  |  | 1,235 |  |  |  | 40,672 |  |  |  | 292,929 |  |  |  | 3,705 |  |  |  | (994 | ) |  |  | 337,547 |
Loss on extinguishment of debt |  |  |  |  |  |  | (1,391 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,391 | )
Loss from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  |  | (100 | ) |  |  | (2,155 | ) |  |  |  |  |  |  | (2,255 | )
Income (loss) before income taxes |  |  | (1,218 | ) |  |  | (13,409 | ) |  |  | (45,798 | ) |  |  | 1,935 |  |  |  | 2,915 |  |  |  | (55,575 | )
State and federal income tax benefit |  |  | (4,631 | ) |  |  |  |  |  |  | (14 | ) |  |  |  |  |  |  |  |  |  |  | (4,645 | )
Equity in (loss) income o f consolidated subsidiaries |  |  | (54,343 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 54,343 |  |  |  | - |
Net (loss) income |  | $ | (50,930 | ) |  | $ | (13,409 | ) |  | $ | (45,784 | ) |  | $ | 1,935 |  |  | $ | 57,258 |  |  | $ | (50,930 | )
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS THREE MONTHS ENDED JULY 31, 2010 (In Thousands)
|  | Parent |  |  | Subsidiary Issuer |  |  | Guarantor Subsidiaries |  |  | Nonguarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 7 |  |  | $ | (89 | ) |  | $ | 369,733 |  |  | $ | 3,435 |  |  | $ | (1,239 | ) |  | $ | 371,847 |
Financial services |  |  |  |  |  |  |  |  |  |  | 1,690 |  |  |  | 7,063 |  |  |  |  |  |  |  | 8,753 |
Intercompany charges |  |  |  |  |  |  | 32,566 |  |  |  | (49,356 | ) |  |  | 664 |  |  |  | 16,126 |  |  |  | - |
Total revenues |  |  | 7 |  |  |  | 32,477 |  |  |  | 322,067 |  |  |  | 11,162 |  |  |  | 14,887 |  |  |  | 380,600 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  |  | 2,509 |  |  |  | 38,480 |  |  |  | 410,146 |  |  |  | 1,484 |  |  |  | 6,040 |  |  |  | 458,659 |
Financial services |  |  | 124 |  |  |  |  |  |  |  | 1,397 |  |  |  | 4,804 |  |  |  | (157 | ) |  |  | 6,168 |
Total expenses |  |  | 2,633 |  |  |  | 38,480 |  |  |  | 411,543 |  |  |  | 6,288 |  |  |  | 5,883 |  |  |  | 464,827 |
Gain on extinguishment of debt |  |  |  |  |  |  | 5,256 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,256 |
(Loss) income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  |  | (420 | ) |  |  | (451 | ) |  |  |  |  |  |  | (871 | )
(Loss) income before income taxes |  |  | (2,626 | ) |  |  | (747 | ) |  |  | (89,896 | ) |  |  | 4,423 |  |  |  | 9,004 |  |  |  | (79,842 | )
State and federal income tax provision (benefit) |  |  | (14,735 | ) |  |  | (1,774 | ) |  |  | 305,583 |  |  |  | (1,534 | ) |  |  | (294,528 | ) |  |  | (6,988 | )
Equity in (loss) income of consolidated subsidiaries |  |  | (84,963 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 84,963 |  |  |  | - |
Net (loss) income |  | $ | (72,854 | ) |  | $ | 1,027 |  |  | $ | (395,479 | ) |  | $ | 5,957 |  |  | $ | 388,495 |  |  | $ | (72,854 | )
HOVNANIAN ENTERPRISES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS NINE MONTHS ENDED JULY 31, 2011 (In Thousands)
|  |  |  |  | Subsidiary |  |  | Guarantor |  |  | Nonguarantor |  |  |  |  |  |  |
|  | Parent |  |  | Issuer |  |  | Subsidiaries |  |  | Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 24 |  |  | $ | (223 | ) |  | $ | 773,299 |  |  | $ | 3,652 |  |  | $ | (3,719 | ) |  | $ | 773,033 |
Financial services |  |  |  |  |  |  |  |  |  |  | 3,951 |  |  |  | 16,298 |  |  |  |  |  |  |  | 20,249 |
Intercompany charges |  |  |  |  |  |  | 85,294 |  |  |  | (98,066 | ) |  |  | (428 | ) |  |  | 13,200 |  |  |  | - |
Total Revenues |  |  | 24 |  |  |  | 85,071 |  |  |  | 679,184 |  |  |  | 19,522 |  |  |  | 9,481 |  |  |  | 793,282 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  |  | 4,261 |  |  |  | 119,657 |  |  |  | 838,298 |  |  |  | 330 |  |  |  | (1,152 | ) |  |  | 961,394 |
Financial services |  |  | 246 |  |  |  |  |  |  |  | 3,717 |  |  |  | 12,234 |  |  |  | (3 | ) |  |  | 16,194 |
Total expenses |  |  | 4,507 |  |  |  | 119,657 |  |  |  | 842,015 |  |  |  | 12,564 |  |  |  | (1,155 | ) |  |  | 977,588 |
Loss on extinguishment of debt |  |  |  |  |  |  | (3,035 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,035 | )
Loss from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  |  | (801 | ) |  |  | (5,678 | ) |  |  |  |  |  |  | (6,479 | )
(Loss) income before income taxes |  |  | (4,483 | ) |  |  | (37,621 | ) |  |  | (163,632 | ) |  |  | 1,280 |  |  |  | 10,636 |  |  |  | (193,820 | )
State and federal income tax (benefit) provision |  |  | (15,599 | ) |  |  |  |  |  |  | 9,518 |  |  |  |  |  |  |  |  |  |  |  | (6,081 | )
Equity in (loss) income of consolidated subsidiaries |  |  | (198,855 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 198,855 |  |  |  | - |
Net (loss) income |  | $ | (187,739 | ) |  | $ | (37,621 | ) |  | $ | (173,150 | ) |  | $ | 1,280 |  |  | $ | 209,491 |  |  | $ | (187,739 | )
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS NINE MONTHS ENDED JULY 31, 2010 (In Thousands)
|  | Parent |  |  | Subsidiary Issuer |  |  | Guarantor Subsidiaries |  |  | Nonguarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  | $ | 15 |  |  | $ | (252 | ) |  | $ | 995,608 |  |  | $ | 3,761 |  |  | $ | (3,720 | ) |  | $ | 995,412 |
Financial services |  |  |  |  |  |  |  |  |  |  | 4,596 |  |  |  | 18,822 |  |  |  |  |  |  |  | 23,418 |
Intercompany charges |  |  |  |  |  |  | 97,125 |  |  |  | (139,260 | ) |  |  | (208 | ) |  |  | 42,343 |  |  |  | - |
Total revenues |  |  | 15 |  |  |  | 96,873 |  |  |  | 860,944 |  |  |  | 22,375 |  |  |  | 38,623 |  |  |  | 1,018,830 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Homebuilding |  |  | 6,865 |  |  |  | 117,599 |  |  |  | 1,049,760 |  |  |  | 377 |  |  |  | 14,019 |  |  |  | 1,188,620 |
Financial services |  |  | 384 |  |  |  |  |  |  |  | 4,188 |  |  |  | 13,131 |  |  |  | (509 | ) |  |  | 17,194 |
Total expenses |  |  | 7,249 |  |  |  | 117,599 |  |  |  | 1,053,948 |  |  |  | 13,508 |  |  |  | 13,510 |  |  |  | 1,205,814 |
Gain on extinguishment of debt |  |  |  |  |  |  | 25,047 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 25,047 |
(Loss) income from unconsolidated joint ventures |  |  |  |  |  |  |  |  |  |  | (1,088 | ) |  |  | 235 |  |  |  |  |  |  |  | (853 | )
(Loss) income before income taxes |  |  | (7,234 | ) |  |  | 4,321 |  |  |  | (194,092 | ) |  |  | 9,102 |  |  |  | 25,113 |  |  |  | (162,790 | )
State and federal Income tax (benefit) provision |  |  | (305,238 | ) |  |  |  |  |  |  | 7,743 |  |  |  | 4 |  |  |  |  |  |  |  | (297,491 | )
Equity in (loss) income of consolidated Subsidiaries |  |  | (163,303 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 163,303 |  |  |  | - |
Net income (loss) |  | $ | 134,701 |  |  | $ | 4,321 |  |  | $ | (201,835 | ) |  | $ | 9,098 |  |  | $ | 188,416 |  |  | $ | 134,701 |
HOVNANIAN ENTERPRISES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS NINE MONTHS ENDED JULY 31, 2011 (In Thousands)
|  |  |  |  | Subsidiary |  |  | Guarantor |  |  | Nonguarantor |  |  |  |  |  |  |
|  | Parent |  |  | Issuer |  |  | Subsidiaries |  |  | Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (187,739 | ) |  | $ | (37,621 | ) |  | $ | (173,150 | ) |  | $ | 1,280 |  |  | $ | 209,491 |  |  | $ | (187,739 | )
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities |  |  | 85,787 |  |  |  | (15,216 | ) |  |  | 148,195 |  |  |  | (777 | ) |  |  | (209,491 | ) |  |  | 8,498 |
Net cash (used in) provided by operating activities |  |  | (101,952 | ) |  |  | (52,837 | ) |  |  | (24,955 | ) |  |  | 503 |  |  |  | - |  |  |  | (179,241 | )
Net cash provided by (used in) investing activities |  |  |  |  |  |  |  |  |  |  | 577 |  |  |  | (659 | ) |  |  |  |  |  |  | (82 | )
Net cash provided by (used in) financing activities |  |  | 54,899 |  |  |  | 71,552 |  |  |  | 61 |  |  |  | (31,984 | ) |  |  |  |  |  |  | 94,528 |
Intercompany investing and financing activities – net |  |  | 47,043 |  |  |  | (82,916 | ) |  |  | 31,484 |  |  |  | 4,389 |  |  |  |  |  |  |  | - |
Net (decrease) increase in cash |  |  | (10 | ) |  |  | (64,201 | ) |  |  | 7,167 |  |  |  | (27,751 | ) |  |  | - |  |  |  | (84,795 | )
Cash and cash equivalents balance, beginning of period |  |  | 10 |  |  |  | 212,370 |  |  |  | (12,812 | ) |  |  | 167,612 |  |  |  |  |  |  |  | 367,180 |
Cash and cash equivalents balance, end of period |  | $ | - |  |  | $ | 148,169 |  |  | $ | (5,645 | ) |  | $ | 139,861 |  |  | $ | - |  |  | $ | 282,385 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS NINE MONTHS ENDED JULY 31, 2010 (In Thousands)
|  | Parent |  |  | Subsidiary Issuer |  |  | Guarantor Subsidiaries |  |  | Nonguarantor Subsidiaries |  |  | Eliminations |  |  | Consolidated |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 134,701 |  |  | $ | 4,321 |  |  | $ | (201,835 | ) |  | $ | 9,098 |  |  | $ | 188,416 |  |  | $ | 134,701 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities |  |  | (26,607 | ) |  |  | 68,948 |  |  |  | (244,452 | ) |  |  | 347,767 |  |  |  | (188,416 | ) |  |  | (42,760 | )
Net cash provided by (used in) operating activities |  |  | 108,094 |  |  |  | 73,269 |  |  |  | (446,287 | ) |  |  | 356,865 |  |  |  | - |  |  |  | 91,941 |
Net cash (used in) provided by investing activities |  |  |  |  |  |  |  |  |  |  | (1,008 | ) |  |  | 895 |  |  |  |  |  |  |  | (113 | )
Net cash (used in) provided by financing activities |  |  |  |  |  |  | (113,178 | ) |  |  | 4,793 |  |  |  | 101 |  |  |  |  |  |  |  | (108,284 | )
Intercompany investing and financing activities – net |  |  | (108,094 | ) |  |  | (3,016 | ) |  |  | 445,672 |  |  |  | (334,562 | ) |  |  |  |  |  |  | - |
Net increase (decrease) in cash |  |  | - |  |  |  | (42,925 | ) |  |  | 3,170 |  |  |  | 23,299 |  |  |  | - |  |  |  | (16,456 | )
Cash and cash equivalents balance, beginning of period |  |  | 10 |  |  |  | 292,407 |  |  |  | (15,584 | ) |  |  | 149,859 |  |  |  |  |  |  |  | 426,692 |
Cash and cash equivalents balance, end of period |  | $ | 10 |  |  | $ | 249,482 |  |  | $ | (12,414 | ) |  | $ | 173,158 |  |  | $ | - |  |  | $ | 410,236 |

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- Definition Text block that encapsulates the detailed table comprising the condensed financial statements (balance sheet, income statement and statement of cash flows), normally using the registrant (parent) as the sole domain member. If condensed consolidating financial statements are being presented, other domain members (in addition to parent) such as guarantor subsidiaries, non-guarantor subsidiaries, and the consolidation eliminations, will be included in order that the respective monetary amounts for each of the domains will aggregate to the respective amounts on the consolidated financial statements. The line items are the various captions used to compile the condensed financial statements. Using extensions, most, if not all, of the elements representing condensed financial statement captions will be the same as those used for the consolidated financial statements captions. + Details
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Namespace Prefix: | hov
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration