XML 62 R51.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Note 11 - Senior Notes and Term Loan (Details Textual) |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jun. 01, 2013 USD ($) | Oct. 02, 2012 USD ($) $ / shares shares | Nov. 30, 2016 USD ($) shares | Sep. 30, 2016 USD ($) shares | Apr. 30, 2017 USD ($) | Apr. 30, 2016 USD ($) | Apr. 30, 2017 USD ($) shares | Apr. 30, 2016 USD ($) | Oct. 31, 2016 USD ($) | Sep. 08, 2016 USD ($)
Interest Payable |  |  |  |  |  | $ 31,100,000 |  | $ 31,100,000 |  | $ 32,400,000 |
Debt Covenant Fixed Charge Coverage Ratio Minimum |  |  |  |  |  | 2 |  | 2 |  |  |
Gain (Loss) on Extinguishment of Debt |  |  |  |  |  | $ (242,000) |  | $ 7,404,000 |  |  |
Debt Issuance Costs, Net |  |  |  |  |  | 17,800,000 |  | $ 17,800,000 |  |  |
Series A Preferred Stock [Member] |  |  |  |  |  |  |  |  |  |  |
Preferred Stock, Dividend Rate, Percentage |  |  |  |  |  |  |  | 7.625% |  |  |
Senior Notes and Senior Exchangeable Note Units [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Repurchase Amount |  |  |  |  |  | $ 30,800,000 |  | $ 30,800,000 |  |  |
Gain (Loss) on Extinguishment of Debt |  |  |  |  |  |  |  | 7,800,000 |  |  |
9.5 % Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Gain (Loss) on Extinguishment of Debt |  |  |  |  |  |  |  | $ (400,000) |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  |  |  | 9.50% |  | 9.50% |  |  |
Senior Secured Term Loan [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Voluntary Prepayment Premium, Aggregate Principal Amount, Percentage |  |  |  |  |  | 1.00% |  | 1.00% |  |  |
Senior Secured Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  |  |  |  |  |  | 7.00% |  |  |
Senior Secured Term Loan [Member] | Base Rate [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  |  |  |  |  |  | 6.00% |  |  |
First Lien Noes [Member] | Debt Instrument, Redemption, Period One [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 103.625% |  |  |  |  |  |  |  |
First Lien Noes [Member] | Debt Instrument, Redemption, Period Two [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 101.813% |  |  |  |  |  |  |  |
First Lien Noes [Member] | Debt Instrument, Redemption, Period Three [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 100.00% |  |  |  |  |  |  |  |
Second Lien Notes [Member] | Debt Instrument, Redemption, Period One [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 104.563% |  |  |  |  |  |  |  |
Second Lien Notes [Member] | Debt Instrument, Redemption, Period Two [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 102.281% |  |  |  |  |  |  |  |
Second Lien Notes [Member] | Debt Instrument, Redemption, Period Three [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  | 100.00% |  |  |  |  |  |  |  |
Senior Amortizing Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Periodic Payment, Interest |  | $ 39.83 |  |  |  |  |  | $ 30 |  |  |
The 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 5.00% |  | 5.00% |  | 5.00% |
The 2.0% 2021 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 2.00% |  | 2.00% |  | 2.00% |
The 9.50% 2020 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 9.50% |  | 9.50% |  | 9.50% |
The 7.0% 2019 Notes [Member] | Senior Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Repurchased Face Amount |  |  |  |  |  | $ 17,500,000 |  | $ 17,500,000 |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  |  |  | 7.00% |  | 7.00% |  |  |
The 7.0% 2019 Notes [Member] | Senior Notes [Member] | Debt Instrument, Redemption, Period Three [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 101.75% |  |  |
The 7.0% 2019 Notes [Member] | Senior Notes [Member] | Debt Instrument, Redemption, Period Four [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
The 7.0% 2019 Notes [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 7.00% |  | 7.00% |  | 7.00% |
8.0% Senior Notes Due 2019 [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  |  |  | 8.00% |  | 8.00% |  |  |
8.0% Senior Notes Due 2019 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Repurchased Face Amount |  |  |  |  |  | $ 14,000,000 |  | $ 14,000,000 |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  |  |  | 8.00% |  | 8.00% |  |  |
8.0% Senior Notes Due 2019 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | Debt Instrument, Redemption, Period One [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
The 6.00% Exchangeable Note Units [Member] | Exchangeable Note Units [Member] |  |  |  |  |  |  |  |  |  |  |
Exchangeable Note Unit Face Amount |  |  |  | $ 6,900,000 | $ 20,600,000 |  |  |  |  |  |
Debt Instrument, Exchangeable, Number of Units Repurchased | shares |  |  |  | 6,925 | 20,823 |  |  | 6,925 |  |  |
Debt Instrument, Repurchased Face Amount |  |  |  |  |  | $ 6,900,000 |  | $ 6,900,000 |  |  |
Note Units Number |  |  | 100,000 |  |  |  |  |  |  |  |
Note Units Stated Amount |  |  | $ 1,000 |  |  |  |  |  |  |  |
Note Units Initial Principal Amount Exchangeable Note | $ / shares |  |  | $ 768.51 |  |  |  |  |  |  |  |
Note Units Principal Amount at Maturity | $ / shares |  |  | 1,000 |  |  |  |  |  |  |  |
Note Units Initial Principal Amount Senior Amortizing Note | $ / shares |  |  | $ 231.49 |  |  |  |  |  |  |  |
Debt Instrument, Face Amount |  |  | $ 100,000,000 |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  | 6.00% |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Effective Percentage |  |  | 5.17% |  |  |  |  |  |  |  |
Shares Issued Upon Conversion of Convertible Debt | shares |  |  | 185.5288 |  |  |  |  |  |  |  |
Share Price for Exchangeable Note Conversion | $ / shares |  |  | $ 5.39 |  |  |  |  |  |  |  |
Senior Exchangeable Notes Exchanged for Class A Common Stock | shares |  |  |  |  |  |  |  | 18,305 |  |  |
Debt Conversion, Converted Instrument, Shares Issued | shares |  |  |  |  |  |  |  | 3,400,000 |  |  |
Term Loan [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Face Amount |  |  |  |  |  |  |  |  |  |  | $ 75,000,000
The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 10.00% |  | 10.00% |  | 10.00% |
The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period One [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period One [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed |  |  |  |  |  |  |  | 35.00% |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 110.00% |  |  |
The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Two [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
9.5% Senior Secured Notes Due 2020 [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 109.50% |  |  |
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period One [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period Two [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 100.00% |  |  |
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period Three [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 35.00% |  |  |
Additional and Market Whole Amount [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  |  |  |  |  | 1.00% |  |  |
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Secured Group [Member] | Investment in Joint Ventures [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | $ 89,900,000 |  | $ 89,900,000 |  |  |
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Cash and Cash Equivalents Collateral [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | 86,300,000 |  | 86,300,000 |  |  |
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Real Estate [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | $ 146,500,000 |  | $ 146,500,000 |  |  |
The 7.25% 2020 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 7.25% |  | 7.25% |  | 7.25% |
The 9.125% 2020 Notes [Member] | Senior Secured Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 9.125% |  | 9.125% |  | 9.125% |
The 7.25% 2020 Notes, The 9.125% 2020 Notes, and The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Cash and Cash Equivalents Collateral [Member] | Term Loan Facility [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | $ 190,400,000 |  | $ 190,400,000 |  |  |
The 7.25% 2020 Notes, The 9.125% 2020 Notes, and The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Real Estate Inventory [Member] | Term Loan Facility [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | 564,300,000 |  | 564,300,000 |  |  |
The 7.25% 2020 Notes, The 9.125% 2020 Notes, and The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member] | Restricted Cash [Member] | Term Loan Facility [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Collateral Amount |  |  |  |  |  | $ 1,700,000 |  | $ 1,700,000 |  |  |
The 11.0% 2017 Amortizing Note [Member] | Senior Amortizing Notes [Member] |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | [1],[2] |  |  |  |  | 11.00% |  | 11.00% |  | 11.00% |
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Notes Payable and Term Loan [Member] | October 31, 2016 [Member] |  |  |  |  |  |  |  |  |  |  |
Prior Period Reclassification Adjustment |  |  |  |  |  |  |  | $ 20,200,000 |  |  |
[1] | "Notes payable and term loan" on our Condensed Consolidated Balance Sheets as of April 30, 2017 and October 31, 2016 consists of the total senior secured, senior, senior amortizing and senior exchangeable notes and senior secured term loan shown above, as well as accrued interest of $31.1 million and $32.4 million, respectively.
[2] | As discussed in Note 1, we adopted ASU 2015-03 in November 2016. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2017 presentation. As a result, $20.2 million of debt issuance costs at October 31, 2016, were reclassified from prepaids and other assets to a reduction in our senior secured term loan, senior secured, senior, senior amortizing and senior exchangeable notes. Debt issuance costs at April 30, 2017 were $17.8 million.

X
- Definition Represents minimum fixed coverage ratio on senior secured and senior notes allowed before the entity is restricted from making certain payments and incurring additional indebtedness. + References No definition available. + Details
Name: | hov_DebtCovenantFixedChargeCoverageRatioMinimum
Namespace Prefix: | hov_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the number of units of an exchangeable debt instrument repurchased during the period. + References No definition available. + Details
Name: | hov_DebtInstrumentExchangeableNumberOfUnitsRepurchased
Namespace Prefix: | hov_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents a percentage of the aggregate principal amount of debt that equals a premium that is applied if there are any voluntary prepayments. + References No definition available. + Details
Name: | hov_DebtInstrumentVoluntaryPrepaymentPremiumAggregatePrincipalAmountPercentage
Namespace Prefix: | hov_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face (par) amount of exchangeable note units at time of issuance. + References No definition available. + Details
Name: | hov_ExchangeableNoteUnitFaceAmount
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Initial principal amount per Exchangeable Note that will accrete to $1,000 at maturity. + References No definition available. + Details
Name: | hov_NoteUnitsInitialPrincipalAmountExchangeableNote
Namespace Prefix: | hov_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Initial principal amount per Senior Amortizing Note which bears interest at a rate of 11.00% per annum, and has a final installment payment date of December 1, 2017. + References No definition available. + Details
Name: | hov_NoteUnitsInitialPrincipalAmountSeniorAmortizingNote
Namespace Prefix: | hov_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of units issued as a component of Exchangeable Notes Units + References No definition available. + Details
Name: | hov_NoteUnitsNumber
Namespace Prefix: | hov_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount that each exchangeable note will accrete to at maturity. + References No definition available. + Details
Name: | hov_NoteUnitsPrincipalAmountAtMaturity
Namespace Prefix: | hov_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Stated amount of each Notes Unit of which initially consists of (1) a zero coupon senior exchangeable note due December 1, 2017 (the “Exchangeable Note”) issued by K. Hovnanian, which bears no cash interest and has an initial principal amount of $768.51 per Exchangeable Note, and that will accrete to $1,000 at maturity and (2) a senior amortizing note due December 1, 2017 (the “Senior Amortizing Note”) issued by K. Hovnanian, which has an initial principal amount of $231.49 per Senior Amortizing Note, bears interest at a rate of 11.00% per annum, and has a final installment payment date of December 1, 2017. + References No definition available. + Details
Name: | hov_NoteUnitsStatedAmount
Namespace Prefix: | hov_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Senior exchangeable notes exchanged for Class A Common Stock + References No definition available. + Details
Name: | hov_SeniorExchangeableNotesExchangedForClassACommonStock
Namespace Prefix: | hov_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Price per common share used in the conversion calculation for the Senior Exchangeable Notes. + References No definition available. + Details
Name: | hov_SharePriceForExchangeableNoteConversion
Namespace Prefix: | hov_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Initial exchange rate at which each exchangeable note will settle at and be delivered as shares of Class A Common Stock per exchangeable note. + References No definition available. + Details
Name: | hov_SharesIssuedUponConversionOfConvertibleDebt
Namespace Prefix: | hov_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4304-108586 + Details
Name: | us-gaap_DebtConversionConvertedInstrumentSharesIssued1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of assets pledged to secure a debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentCollateralAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the required periodic payments applied to interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentPeriodicPaymentInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of principal amount of debt redeemed. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value amount of debt instrument that was repurchased. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRepurchaseAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRepurchasedFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=49170532&loc=d3e12317-112629 Reference 2: 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=98514028&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=49170532&loc=d3e12355-112629 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of interest payable on debt, including, but not limited to, trade payables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.15(a)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_InterestPayableCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of a reclassification adjustment made to prior period financial statement amounts. + References No definition available. + Details
Name: | us-gaap_PriorPeriodReclassificationAdjustment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SeniorNotesAndSeniorExchangeableNoteUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SeniorSecuredNotes95Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SeniorSecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_FirstLienNoesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SecondLienNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SeniorAmortizingNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The502021NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_SeniorSecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The202021NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The9502020NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The702019NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_UnsecuredSeniorNotesExcludingSeniorAmortizingNotesAndSeniorExchangeableNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_EightPercentSeniorNotesDueTwoThousandNineteenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The600ExchangeableNoteUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=hov_ExchangeableNoteUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The1002018NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=hov_RedemptionWithNetCashProceedsFromCertainEquityOfferingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_SeniorSecuredNotes95Due2020Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_AdditionalAndMarketWholeAmountMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The202021NotesMemberAnd502021NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_InvestmentTypeAxis=hov_InvestmentInJointVenturesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CollateralAxis=hov_CashAndCashEquivalentsCollateralMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CollateralAxis=us-gaap_RealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The7252020NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The91252020NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The7252020NotesThe91252020NotesAndThe1002018NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=hov_TermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CollateralAxis=hov_RealEstateInventoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CollateralAxis=hov_RestrictedCashMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hov_The1102017AmortizingNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=hov_ReclassificationOfUnamortizedDebtIssuanceCostsFromPrepaidExpensesAndOtherAssetsToNotesPayableAndTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreationDateAxis=hov_October312016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |