XML 74 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
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, 2018
Jan. 31, 2017
Oct. 31, 2017
Debt to capitalization ratio 58.00%    
Our share of net (loss) income $ (5,176) $ (1,666)  
Corporate Joint Venture [Member]      
Cash and cash equivalents 37,817   $ 60,774
Inventories 660,400   675,179
Other assets 34,438   36,026
Total assets 732,655   771,979
Accounts payable and accrued liabilities 107,269   122,075
Notes payable 364,886   330,642
Total liabilities 472,155   452,717
Hovnanian Enterprises, Inc. 82,418   92,630
Others 178,082   226,632
Total equity 260,500   319,262
Total liabilities and equity $ 732,655   $ 771,979
Debt to capitalization ratio 58.00%   51.00%
Revenues $ 59,840 66,139  
Cost of sales and expenses (73,294) (68,208)  
Joint venture net (loss) income (13,454) (2,069)  
Our share of net (loss) income (5,140) (1,571)  
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]      
Cash and cash equivalents 36,994   $ 60,580
Inventories 652,030   666,017
Other assets 34,438   36,026
Total assets 723,462   762,623
Accounts payable and accrued liabilities 106,971   121,646
Notes payable 364,886   330,642
Total liabilities 471,857   452,288
Hovnanian Enterprises, Inc. 78,613   88,884
Others 172,992   221,451
Total equity 251,605   310,335
Total liabilities and equity $ 723,462   $ 762,623
Debt to capitalization ratio 59.00%   52.00%
Revenues $ 58,565 64,937  
Cost of sales and expenses (72,136) (67,226)  
Joint venture net (loss) income (13,571) (2,289)  
Our share of net (loss) income (5,199) (1,681)  
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]      
Cash and cash equivalents 823   $ 194
Inventories 8,370   9,162
Other assets  
Total assets 9,193   9,356
Accounts payable and accrued liabilities 298   429
Notes payable  
Total liabilities 298   429
Hovnanian Enterprises, Inc. 3,805   3,746
Others 5,090   5,181
Total equity 8,895   8,927
Total liabilities and equity $ 9,193   $ 9,356
Debt to capitalization ratio 0.00%   0.00%
Revenues $ 1,275 1,202  
Cost of sales and expenses (1,158) (982)  
Joint venture net (loss) income 117 220  
Our share of net (loss) income $ 59 $ 110