XML 25 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2018
Oct. 31, 2017
Investments in and advances to unconsolidated joint ventures $ 123,694 $ 115,090
Property, plant and equipment, net 20,285 52,919
Assets 1,662,042 1,900,898
Notes payable (net of discount, premium and debt issuance costs) and accrued interest [1] 1,493,257  
Liabilities 2,115,546 2,361,269
Income taxes payable 3,334 2,227
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at October 31, 2018 and 2017 135,299 135,299
Paid in capital - common stock 708,805 706,466
Accumulated deficit (1,183,856) (1,188,376)
Treasury stock - at cost – 11,760,763 shares of Class A common stock and 691,748 shares of Class B common stock at October 31, 2018 and 2017 (115,360) (115,360)
Total stockholders' equity deficit (453,504) (460,371)
Total liabilities and equity 1,662,042 1,900,898
Common Class A [Member]    
Common stock 1,446 1,440
Common Class B [Member]    
Common stock 162 160
Homebuilding [Member]    
Cash and cash equivalents 187,871 463,697
Restricted cash and cash equivalents 12,808 2,077
Sold and unsold homes and lots under development 878,876 744,119
Land and land options held for future development or sale 111,368 140,924
Consolidated inventory not owned 87,921 124,784
Total inventories 1,078,165 1,009,827
Investments in and advances to unconsolidated joint ventures 123,694 115,090
Receivables, deposits and notes, net 35,189 58,149
Property, plant and equipment, net 20,285 52,919
Prepaid expenses and other assets 39,150 37,026
Assets 1,497,162 1,738,785
Accounts payable and other liabilities 304,899 335,057
Customers’ deposits 30,086 33,772
Liabilities from inventory not owned, net of debt issuance costs 63,387 91,101
Revolving and term loan credit facilities, net of debt issuance costs 201,389 124,987
Notes payable (net of discount, premium and debt issuance costs) and accrued interest 1,273,446 1,554,687
Liabilities 1,968,764 2,217,128
Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member]    
Nonrecourse mortgages, net of debt issuance costs 95,557 64,512
Homebuilding [Member] | Nonrecourse Mortgages Secured by Operating Properties [Member] | Mortgages [Member]    
Nonrecourse mortgages, net of debt issuance costs 13,012
Financial Services [Member]    
Cash and cash equivalents 6,948 5,623
Restricted cash and cash equivalents 25,365 22,345
Assets 164,880 162,113
Liabilities $ 143,448 $ 141,914
[1] Does not include our $125.0 million Senior Secured Revolving Credit Facility under which there were no borrowings outstanding as of October 31, 2018.