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Note 20 (Tables)
 3 Months Ended
Jan. 31, 2013
Schedule of Equity Method Investments [Table Text Block]
(Dollars in thousands)
 
January 31, 2013
 
   
Homebuilding
   
Land Development
   
Total
 
Assets:
                 
Cash and cash equivalents
 
$
22,671
   
$
302
   
$
22,973
 
Inventories
   
163,805
     
13,810
     
177,615
 
Other assets
   
9,151
     
5
     
9,156
 
Total assets
 
$
195,627
   
$
14,117
   
$
209,744
 
                         
Liabilities and equity:
                       
Accounts payable and accrued liabilities
 
$
18,120
   
$
5,888
   
$
24,008
 
Notes payable
   
74,964
     
-
     
74,964
 
Total liabilities
   
93,084
     
5,888
     
98,972
 
Equity of:
                       
Hovnanian Enterprises, Inc.
   
44,865
     
2,842
     
47,707
 
Others
   
57,678
     
5,387
     
63,065
 
Total equity
   
102,543
     
8,229
     
110,772
 
Total liabilities and equity
 
$
195,627
   
$
14,117
   
$
209,744
 
Debt to capitalization ratio
   
42
%
   
0
%
   
40
%
(Dollars in thousands)
 
October 31, 2012
 
   
Homebuilding
   
Land Development
   
Total
 
Assets:
                 
Cash and cash equivalents
 
$
29,657
   
$
1,686
   
$
31,343
 
Inventories
   
177,170
     
14,853
     
192,023
 
Other assets
   
12,886
     
5
     
12,891
 
Total assets
 
$
219,713
   
$
16,544
   
$
236,257
 
                         
Liabilities and equity:
                       
Accounts payable and accrued liabilities
 
$
24,651
   
$
12,233
   
$
36,884
 
Notes payable
   
79,675
     
-
     
79,675
 
Total liabilities
   
104,326
     
12,233
     
116,559
 
Equity of:
                       
Hovnanian Enterprises, Inc.
   
45,285
     
794
     
46,079
 
Others
   
70,102
     
3,517
     
73,619
 
Total equity
   
115,387
     
4,311
     
119,698
 
Total liabilities and equity
 
$
219,713
   
$
16,544
   
$
236,257
 
Debt to capitalization ratio
   
41
%
   
0
%
   
40
%
   
For the Three Months Ended January 31, 2013
 
(In thousands)
 
Homebuilding
   
Land Development
   
Total
 
                   
Revenues
 
$
60,143
   
$
7,814
   
$
67,957
 
Cost of sales and expenses
   
(56,288
)     
(2,949
)     
(59,237
) 
Joint venture net income
 
$
3,855
   
$
4,865
   
$
8,720
 
Our share of net (loss) income
 
$
(93
)   
$
2,433
   
$
2,340
 
   
For the Three Months Ended January 31, 2012
 
(In thousands)
 
Homebuilding
   
Land Development
   
Total
 
                   
Revenues
 
$
52,596
   
$
3,355
   
$
55,951
 
Cost of sales and expenses
   
(52,770
)
   
(3,203
)
   
(55,973
)
Joint venture net (loss) income
 
$
(174
)
 
$
152
   
$
(22
)
Our share of net (loss) income
 
$
(51
)
 
$
116
   
$
65