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Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)

12 Months Ended

Oct. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments [Table Text Block]

		October 31, 2015
(Dollars in thousands)		Homebuilding			Land Development			Total
Assets:
Cash and cash equivalents		$27,856			$1,755			$29,611
Inventories		314,814			11,767			326,581
Other assets		11,225			-			11,225
Total assets		$353,895			$13,522			$367,417
Liabilities and equity:
Accounts payable and accrued liabilities		$29,994			$669			$30,663
Notes payable		112,554			3,774			116,328
Total liabilities		142,548			4,443			146,991
Equity of:
Hovnanian Enterprises, Inc.		57,336			3,122			60,458
Others		154,011			5,957			159,968
Total equity		211,347			9,079			220,426
Total liabilities and equity		$353,895			$13,522			$367,417
Debt to capitalization ratio		35	%		29	%		35	%

		October 31, 2014
(Dollars in thousands)		Homebuilding			Land Development			Total
Assets:
Cash and cash equivalents		$22,415			$205			$22,620
Inventories		208,620			16,194			224,814
Other assets		11,986			-			11,986
Total assets		$243,021			$16,399			$259,420
Liabilities and equity:
Accounts payable and accrued liabilities		$27,175			$1,039			$28,214
Notes payable		45,506			5,650			51,156
Total liabilities		72,681			6,689			79,370
Equity of:
Hovnanian Enterprises, Inc.		59,106			2,990			62,096
Others		111,234			6,720			117,954
Total equity		170,340			9,710			180,050
Total liabilities and equity		$243,021			$16,399			$259,420
Debt to capitalization ratio		21	%		37	%		22	%

		For The Year Ended October 31, 2015
(Dollars in thousands)		Homebuilding			Land Development			Total
Revenues		$122,192			$6,782			$128,974
Cost of sales and expenses		(125,652	)		(6,518	)		(132,170	)
Joint venture net (loss) income		$(3,460	)		$264			$(3,196	)
Our share of net (loss) income		$4,087			$132			$4,219

		For The Year Ended October 31, 2014
(Dollars in thousands)		Homebuilding			Land Development			Total
Revenues		$173,126			$7,888			$181,014
Cost of sales and expenses		(158,233	)		(7,313	)		(165,546	)
Joint venture net income		$14,893			$575			$15,468
Our share of net income		$7,710			$287			$7,997

		For The Year Ended October 31, 2013
(Dollars in thousands)		Homebuilding			Land Development			Total
Revenues		$307,993			$14,659			$322,652
Cost of sales and expenses		(276,795	)		(9,396	)		(286,191	)
Joint venture net income		$31,198			$5,263			$36,461
Our share of net income		$9,581			$2,631			$12,212

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- References

No definition available.

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

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