XML 22 R48.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 5 - Reduction of Inventory to Fair Value (Details) (USD $) | 3 Months Ended | 9 Months Ended |  | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended |  | 9 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 31, 2014 | Jul. 31, 2013 | Jul. 31, 2014 | Jul. 31, 2013 | Jul. 31, 2014 Lots [Member] Homebuilding [Member] | Jul. 31, 2014 Model Homes [Member] Homebuilding [Member] | Jul. 31, 2014 Land Parcels [Member] Homebuilding [Member] | Jul. 31, 2014 Homebuilding [Member] Fair Value, Measurements, Nonrecurring [Member] Real Estate Inventory [Member] | Apr. 30, 2014 Homebuilding [Member] Fair Value, Measurements, Nonrecurring [Member] Real Estate Inventory [Member] | Jul. 31, 2014 Homebuilding [Member] Mid-Atlantic [Member] | Jul. 31, 2013 Homebuilding [Member] Mid-Atlantic [Member] | Jul. 31, 2014 Homebuilding [Member] Mid-Atlantic [Member] | Jul. 31, 2013 Homebuilding [Member] Mid-Atlantic [Member] | Jul. 31, 2014 Homebuilding [Member] Southeast [Member] | Jul. 31, 2013 Homebuilding [Member] Southeast [Member] | Jul. 31, 2014 Homebuilding [Member] Southeast [Member] | Jul. 31, 2013 Homebuilding [Member] Southeast [Member] | Jul. 31, 2014 Homebuilding [Member] Midwest [Member] | Jul. 31, 2013 Homebuilding [Member] Midwest [Member] | Jul. 31, 2014 Homebuilding [Member] Midwest [Member] | Jul. 31, 2013 Homebuilding [Member] Midwest [Member] | Jul. 31, 2014 Homebuilding [Member] | Jul. 31, 2013 Homebuilding [Member] | Jul. 31, 2014 Homebuilding [Member] | Jul. 31, 2013 Homebuilding [Member] | Oct. 31, 2013 Homebuilding [Member] | Jul. 31, 2013 Homebuilding [Member] Minimum [Member] Fair Value, Measurements, Nonrecurring [Member] Real Estate Inventory [Member] | Jul. 31, 2013 Homebuilding [Member] Maximum [Member] Fair Value, Measurements, Nonrecurring [Member] Real Estate Inventory [Member]
Note 5 - Reduction of Inventory to Fair Value (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair Value Inputs, Discount Rate |  |  |  |  |  |  |  | 16.80% | 0.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 18.00% | 18.80%
Number Of Communities Evaluated For Impairment | 492 |  | 492 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Communities Performed Detailed Impairment Calculations | 9 |  | 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carrying Value Of Communities Tested For Impairment | $ 24,500,000 |  | $ 24,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number Of Communities Tested For Impairment For Which Undiscounted Future Cash Flow Only Exceeded Carrying Amount By Less Than 20% | 4 |  | 4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carrying Value Of Communities Tested For Impairment For Which Undiscounted Future Cash Flow Only Exceeded Carrying Amount By Less Than 20% | 23,100,000 |  | 23,100,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage Undiscounted Cash Flow Exceeds Carrying Amount |  |  | 20.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Impairment of Real Estate | 100,000 | 100,000 | 200,000 | 1,600,000 |  |  |  |  |  |  |  |  |  |  | 2,000 | [1] |  |  |  |  |  | 17,000 | [1] | 100,000 |  |  |  | 100,000 |  | [1] | 100,000 |  | 100,000 |  | 200,000 | 1,600,000 | [1] |  |  |  |
Land Option Write-offs | 600,000 | 500,000 | 1,700,000 | 1,900,000 |  |  |  |  |  | 100,000 | [2] |  | [1],[2] | 200,000 | 23,000 | [1],[2] | 200,000 | [2] | 100,000 | [1],[2] | 500,000 | 200,000 | [1],[2] | 100,000 | [2] | 38,000 | [1],[2] | 200,000 | 38,000 | [1],[2] | 600,000 | [2] | 500,000 | [1],[2] | 1,700,000 | 1,900,000 | [1],[2] |  |  |  |
Number of Communities Mothballed During the Period |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Mothballed Communities Reactivated |  |  | 2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Mothball Communities Sold |  |  | 2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Communities Mothballed | 46 |  | 46 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inventory, Real Estate, Mothballed Communities | 104,100,000 |  | 104,100,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inventory, Real Estate, Mothballed Communities, Accumulated Impairment Charges | 413,700,000 |  | 413,700,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inventory Real Estate Specific Performance Options |  |  |  |  | 3,900,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,900,000 |  |  |  | 3,900,000 |  |  | 792,000 | [3] |  |
Liabilities From Inventory Real Estate Not Owned | 3,700,000 |  | 3,700,000 |  |  | 69,500,000 | 28,900,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 102,096,000 |  |  |  | 102,096,000 |  |  | 87,866,000 | [3] |  |
Inventory Real Estate Other Options |  |  |  |  |  | $ 74,500,000 | $ 47,800,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 122,332,000 |  |  |  | $ 122,332,000 |  |  | $ 100,071,000 | [3] |  |
[1] | During the nine months ended July 31, 2013, the Mid-Atlantic had an impairment totaling $2 thousand and the Southeast had an impairment totaling $17 thousand.
[2] | Represents carrying value, net of prior period impairments, if any, at the time of recording the applicable period's impairments.
[3] | Derived from the audited balance sheet as of October 31, 2013.

X
- Definition The aggregate carrying value of communities for which detailed impairment calculations were performed. + References No definition available. + Details
Name: | hov_CarryingValueOfCommunitiesTestedForImpairment
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The aggregate carrying value of communities tested for impairment which had undiscounted future cash flow that only exceeded the carrying amount by less than 20%. + References No definition available. + Details
Name: | hov_CarryingValueOfCommunitiesTestedForImpairmentForWhichUndiscountedFutureCashFlowOnlyExceededCarryingAmountByLessThan20Percent
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The net book value of mothballed communities at the end of the period. + References No definition available. + Details
Name: | hov_InventoryRealEstateMothballedCommunities
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of impairment charges recorded to date on our mothballed communities. + References No definition available. + Details
Name: | hov_InventoryRealEstateMothballedCommunitiesAccumulatedImpairmentCharges
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Inventory not owned required to be recorded as a financing in accordance with current accounting standards. + References No definition available. + Details
Name: | hov_InventoryRealEstateOtherOptions
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Inventory under option that it is required to be purchased in the future based on the specific performance terms of the option agreement. + References No definition available. + Details
Name: | hov_InventoryRealEstateSpecificPerformanceOptions
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The charge against earnings in the period to write off costs associated with land options that were terminated. + References No definition available. + Details
Name: | hov_LandOptionWriteOffs
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Includes the liabilities for the inventory for which we do not have title related to the remaining exercise price of land and lot option purchases contracts; variable interest entities when we are the primary beneficiary; and model sale leaseback financing arrangements. + References No definition available. + Details
Name: | hov_LiabilitiesFromInventoryRealEstateNotOwned
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | hov_Note5ReductionofInventorytoFairValueDetailsLineItems
Namespace Prefix: | hov_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of communities evaluated for impairment. + References No definition available. + Details
Name: | hov_NumberOfCommunitiesEvaluatedForImpairment
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of mothballed communities at the end of the period. + References No definition available. + Details
Name: | hov_NumberOfCommunitiesMothballed
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of communities mothballed during the period. + References No definition available. + Details
Name: | hov_NumberOfCommunitiesMothballedDuringThePeriod
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of communities for which detailed impairment calculations were performed. + References No definition available. + Details
Name: | hov_NumberOfCommunitiesPerformedDetailedImpairmentCalculations
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of communities tested for impairment which had undiscounted future cash flow that only exceeded the carrying amount by less than 20%. + References No definition available. + Details
Name: | hov_NumberOfCommunitiesTestedForImpairmentForWhichUndiscountedFutureCashFlowOnlyExceededCarryingAmountByLessThan20Percent
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of mothball communities sold. + References No definition available. + Details
Name: | hov_NumberOfMothballCommunitiesSold
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of mothballed communities reactivated. + References No definition available. + Details
Name: | hov_NumberOfMothballedCommunitiesReactivated
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage by which undiscounted future cash flow for communities tested for impairment exceeds carrying value under which such carrying amounts are disclosed. + References No definition available. + Details
Name: | hov_PercentageUndiscountedCashFlowExceedsCarryingAmount
Namespace Prefix: | hov_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsDiscountRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 + Details
Name: | us-gaap_ImpairmentOfRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration