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Note 3 | 9 Months Ended
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Jul. 31, 2012
Home Building Interest [Text Block] | 3. Interest costs incurred, expensed and capitalized were:
|  | Three Months Ended July 31, |  |  | Nine Months Ended July 31, |
(In thousands) |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Interest capitalized at beginning of period |  | $ | 118,435 |  |  | $ | 135,556 |  |  | $ | 121,441 |  |  | $ | 136,288 |
Plus interest incurred(1) |  |  | 39,477 |  |  |  | 40,051 |  |  |  | 110,315 |  |  |  | 117,773 |
Less cost of sales interest expensed |  |  | 14,298 |  |  |  | 14,222 |  |  |  | 40,091 |  |  |  | 43,804 |
Less other interest expensed(2)(3) |  |  | 24,590 |  |  |  | 25,207 |  |  |  | 72,641 |  |  |  | 74,079 |
Interest capitalized at end of period(4) |  | $ | 119,024 |  |  | $ | 136,178 |  |  | $ | 119,024 |  |  | $ | 136,178 |
(1) | Data does not include interest incurred by our mortgage and finance subsidiaries.
(2) | Other interest expensed is comprised of interest that does not qualify for interest capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt. Interest on completed homes and land in planning, which does not qualify for capitalization, is expensed.
(3) | Cash paid for interest, net of capitalized interest, is the sum of other interest expensed, as defined above, and interest paid by our mortgage and finance subsidiaries adjusted for the change in accrued interest, which is calculated as follows:
|  | Three Months Ended July 31, |  |  | Nine Months Ended July 31, |
(In thousands) |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Other interest expensed |  | $ | 24,590 |  |  | $ | 25,207 |  |  | $ | 72,641 |  |  | $ | 74,079 |
Interest paid by our mortgage and finance subsidiaries |  |  | 606 |  |  |  | 516 |  |  |  | 1,550 |  |  |  | 1,523 |
Increase in accrued interest |  |  | (13,356) |  |  |  | (12,577) |  |  |  | (10,073) |  |  |  | (10,928 | )
Cash paid for interest, net of capitalized interest |  | $ | 11,840 |  |  | $ | 13,146 |  |  | $ | 64,118 |  |  | $ | 64,674 |
(4) | We have incurred significant inventory impairments in recent years, which are determined based on total inventory including capitalized interest. However, the capitalized interest amounts above are shown on a gross basis before allocating any portion of the impairments to capitalized interest.

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- Definition Disclosure of the policy for capitalized homebuilding interest, including a rollforward of the balance from beginning of period to end of period. + References No definition available. + Details
Name: | hov_HomeBuildingInterestTextBlock
Namespace Prefix: | hov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration