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

12 Months Ended

Oct. 31, 2016

Notes Tables

Equity Method Investments [Table Text Block]

		October 31, 2016
(Dollars in thousands)		Homebuilding			Land Development			Total
Assets:
Cash and cash equivalents		$48,542			$1,478			$50,020
Inventories		516,947			11,010			527,957
Other assets		25,865			-			25,865
Total assets		$591,354			$12,488			$603,842
Liabilities and equity:
Accounts payable and accrued liabilities		$72,302			$1,812			$74,114
Notes payable		214,911			2,261			217,172
Total liabilities		287,213			4,073			291,286
Equity of:
Hovnanian Enterprises, Inc.		88,379			3,220			91,599
Others		215,762			5,195			220,957
Total equity		304,141			8,415			312,556
Total liabilities and equity		$591,354			$12,488			$603,842
Debt to capitalization ratio		41	%		21	%		41	%

		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	%

		For The Year Ended October 31, 2016
(Dollars in thousands)		Homebuilding			Land Development			Total
Revenues		$141,418			$6,299			$147,717
Cost of sales and expenses		(159,431	)		(6,103	)		(165,534	)
Joint venture net (loss) income		$(18,013	)		$196			$(17,817	)
Our share of net (loss) income		$(4,424	)		$98			$(4,326	)

		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