XML 103 R85.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Oct. 31, 2016 | Jul. 31, 2016 | Apr. 30, 2016 | Jan. 31, 2016 | Oct. 31, 2015 | Jul. 31, 2015 | Apr. 30, 2015 | Jan. 31, 2015 | Oct. 31, 2016 | Oct. 31, 2015 | Oct. 31, 2014
Debt to capitalization ratio (Dimensionless number) | 41.00% |  |  |  |  |  |  |  | 41.00% |  |
Income (loss) from unconsolidated joint ventures | $ 881 | $ (2,401) | $ (1,346) | $ (1,480) | $ 1,699 | $ (448) | $ 1,466 | $ 1,452 | $ (4,346) | $ 4,169 | $ 7,897
Homebuilding [Member] | Corporate Joint Venture [Member] |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | 50,020 |  |  |  | 29,611 |  |  |  | 50,020 | 29,611 |
Inventories | 527,957 |  |  |  | 326,581 |  |  |  | 527,957 | 326,581 |
Other assets | 25,865 |  |  |  | 11,225 |  |  |  | 25,865 | 11,225 |
Total assets | 603,842 |  |  |  | 367,417 |  |  |  | 603,842 | 367,417 |
Accounts payable and accrued liabilities | 74,114 |  |  |  | 30,663 |  |  |  | 74,114 | 30,663 |
Notes payable | 217,172 |  |  |  | 116,328 |  |  |  | 217,172 | 116,328 |
Total liabilities | 291,286 |  |  |  | 146,991 |  |  |  | 291,286 | 146,991 |
Hovnanian Enterprises, Inc. | 91,599 |  |  |  | 60,458 |  |  |  | 91,599 | 60,458 |
Others | 220,957 |  |  |  | 159,968 |  |  |  | 220,957 | 159,968 |
Total equity | 312,556 |  |  |  | 220,426 |  |  |  | 312,556 | 220,426 |
Total liabilities and equity | $ 603,842 |  |  |  | $ 367,417 |  |  |  | $ 603,842 | $ 367,417 |
Debt to capitalization ratio (Dimensionless number) | 41.00% |  |  |  | 35.00% |  |  |  | 41.00% | 35.00% |
Revenues |  |  |  |  |  |  |  |  | $ 147,717 | $ 128,974 | 181,014
Cost of sales and expenses |  |  |  |  |  |  |  |  | (165,534) | (132,170) | (165,546)
Joint venture net (loss) income |  |  |  |  |  |  |  |  | (17,817) | (3,196) | 15,468
Income (loss) from unconsolidated joint ventures |  |  |  |  |  |  |  |  | (4,326) | 4,219 | 7,997
Homebuilding Venture [Member] | Homebuilding [Member] | Corporate Joint Venture [Member] |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ 48,542 |  |  |  | $ 27,856 |  |  |  | 48,542 | 27,856 |
Inventories | 516,947 |  |  |  | 314,814 |  |  |  | 516,947 | 314,814 |
Other assets | 25,865 |  |  |  | 11,225 |  |  |  | 25,865 | 11,225 |
Total assets | 591,354 |  |  |  | 353,895 |  |  |  | 591,354 | 353,895 |
Accounts payable and accrued liabilities | 72,302 |  |  |  | 29,994 |  |  |  | 72,302 | 29,994 |
Notes payable | 214,911 |  |  |  | 112,554 |  |  |  | 214,911 | 112,554 |
Total liabilities | 287,213 |  |  |  | 142,548 |  |  |  | 287,213 | 142,548 |
Hovnanian Enterprises, Inc. | 88,379 |  |  |  | 57,336 |  |  |  | 88,379 | 57,336 |
Others | 215,762 |  |  |  | 154,011 |  |  |  | 215,762 | 154,011 |
Total equity | 304,141 |  |  |  | 211,347 |  |  |  | 304,141 | 211,347 |
Total liabilities and equity | $ 591,354 |  |  |  | $ 353,895 |  |  |  | $ 591,354 | $ 353,895 |
Debt to capitalization ratio (Dimensionless number) | 41.00% |  |  |  | 35.00% |  |  |  | 41.00% | 35.00% |
Revenues |  |  |  |  |  |  |  |  | $ 141,418 | $ 122,192 | 173,126
Cost of sales and expenses |  |  |  |  |  |  |  |  | (159,431) | (125,652) | (158,233)
Joint venture net (loss) income |  |  |  |  |  |  |  |  | (18,013) | (3,460) | 14,893
Income (loss) from unconsolidated joint ventures |  |  |  |  |  |  |  |  | (4,424) | 4,087 | 7,710
Land Development Venture [Member] | Homebuilding [Member] | Corporate Joint Venture [Member] |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ 1,478 |  |  |  | $ 1,755 |  |  |  | 1,478 | 1,755 |
Inventories | 11,010 |  |  |  | 11,767 |  |  |  | 11,010 | 11,767 |
Other assets |  |  |  |  |  |  |  |  |  |  |
Total assets | 12,488 |  |  |  | 13,522 |  |  |  | 12,488 | 13,522 |
Accounts payable and accrued liabilities | 1,812 |  |  |  | 669 |  |  |  | 1,812 | 669 |
Notes payable | 2,261 |  |  |  | 3,774 |  |  |  | 2,261 | 3,774 |
Total liabilities | 4,073 |  |  |  | 4,443 |  |  |  | 4,073 | 4,443 |
Hovnanian Enterprises, Inc. | 3,220 |  |  |  | 3,122 |  |  |  | 3,220 | 3,122 |
Others | 5,195 |  |  |  | 5,957 |  |  |  | 5,195 | 5,957 |
Total equity | 8,415 |  |  |  | 9,079 |  |  |  | 8,415 | 9,079 |
Total liabilities and equity | $ 12,488 |  |  |  | $ 13,522 |  |  |  | $ 12,488 | $ 13,522 |
Debt to capitalization ratio (Dimensionless number) | 21.00% |  |  |  | 29.00% |  |  |  | 21.00% | 29.00% |
Revenues |  |  |  |  |  |  |  |  | $ 6,299 | $ 6,782 | 7,888
Cost of sales and expenses |  |  |  |  |  |  |  |  | (6,103) | (6,518) | (7,313)
Joint venture net (loss) income |  |  |  |  |  |  |  |  | 196 | 264 | 575
Income (loss) from unconsolidated joint ventures |  |  |  |  |  |  |  |  | $ 98 | $ 132 | $ 287

X
- Definition The amount of accounts payable and other liabilities reported on a combined 100% basis related to unconsolidated entities accounted for by the equity method. + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndAccruedLiabilities
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of cash and cash equivalents reported on a combined 100% basis related to unconsolidated entities accounted for by the equity method + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of cost of sales and expenses reported by an equity method investment of the entity. + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of inventory reported on a combined 100% basis related to unconsolidated entities accounted for by the equity method. + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationInventories
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of notes payable reported on a combined 100% basis related to unconsolidated entities accounted for by the equity method. + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationNotesPayable
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of other assets reported on a combined 100% basis related to unconsolidated entities accounted for by the equity method. + References No definition available. + Details
Name: | hov_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Total debt to capitalization ratio for the current period, for of all of the company's joint ventures, including the impact of impairments recorded by the joint ventures. + References No definition available. + Details
Name: | hov_JointVentureTotalDebtToCapitalizationRatio
Namespace Prefix: | hov_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of assets reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of equity, including noncontrolling interest, reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.g) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of liabilities reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of liabilities and equity reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of equity attributable to noncontrolling interests of an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of net income (loss) reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This item represents the entity's ownership percentage in the investee multiplied by the investee's total equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(f)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=hov_HomebuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_CorporateJointVentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=hov_HomebuildingVentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=hov_LandDevelopmentVentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |