XML 71 R60.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 17 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($)
$ in Thousands
 3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Oct. 31, 2016
Debt to capitalization ratio 46.00%    
Our share of net (loss) income $ (1,666) $ (1,480)  
Homebuilding [Member] | Corporate Joint Venture [Member]      
Cash and cash equivalents 39,546   $ 50,020
Inventories 605,305   527,957
Other assets 29,202   25,865
Total assets 674,053   603,842
Accounts payable and accrued liabilities 85,863   74,114
Notes payable 267,720   217,172
Total liabilities 353,583   291,286
Hovnanian Enterprises, Inc. 100,404   91,599
Others 220,066   220,957
Total equity 320,470   312,556
Total liabilities and equity $ 674,053   $ 603,842
Debt to capitalization ratio 46.00%   41.00%
Revenues $ 66,139 21,362  
Cost of sales and expenses (68,208) (25,402)  
Joint venture net (loss) income (2,069) (4,040)  
Our share of net (loss) income (1,571) (1,560)  
Homebuilding Venture [Member] | Homebuilding [Member] | Corporate Joint Venture [Member]      
Cash and cash equivalents 39,100   $ 48,542
Inventories 594,106   516,947
Other assets 29,202   25,865
Total assets 662,408   591,354
Accounts payable and accrued liabilities 84,920   72,302
Notes payable 265,561   214,911
Total liabilities 350,481   287,213
Hovnanian Enterprises, Inc. 97,074   88,379
Others 214,853   215,762
Total equity 311,927   304,141
Total liabilities and equity $ 662,408   $ 591,354
Debt to capitalization ratio 46.00%   41.00%
Revenues $ 64,937 20,266  
Cost of sales and expenses (67,226) (24,179)  
Joint venture net (loss) income (2,289) (3,913)  
Our share of net (loss) income (1,681) (1,496)  
Land Development Venture [Member] | Homebuilding [Member] | Corporate Joint Venture [Member]      
Cash and cash equivalents 446   $ 1,478
Inventories 11,199   11,010
Other assets  
Total assets 11,645   12,488
Accounts payable and accrued liabilities 943   1,812
Notes payable 2,159   2,261
Total liabilities 3,102   4,073
Hovnanian Enterprises, Inc. 3,330   3,220
Others 5,213   5,195
Total equity 8,543   8,415
Total liabilities and equity $ 11,645   $ 12,488
Debt to capitalization ratio 20.00%   21.00%
Revenues $ 1,202 1,096  
Cost of sales and expenses (982) (1,223)  
Joint venture net (loss) income 220 (127)  
Our share of net (loss) income $ 110 $ (64)