XML 82 R60.htm IDEA: XBRL DOCUMENT v3.10.0.1
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 9 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2018
Jul. 31, 2017
Oct. 31, 2017
Debt to capitalization ratio 55.00%   55.00%    
Our share of net income (loss) $ 10,732 $ (3,881) $ 6,899 $ (10,109)  
Corporate Joint Venture [Member]          
Cash and cash equivalents 32,131   32,131   $ 60,774
Inventories 628,427   628,427   675,179
Other assets 33,734   33,734   36,026
Total assets 694,292   694,292   771,979
Accounts payable and accrued liabilities 87,648   87,648   122,075
Notes payable 333,692   333,692   330,642
Total liabilities 421,340   421,340   452,717
Hovnanian Enterprises, Inc. 100,938   100,938   92,630
Others 172,014   172,014   226,632
Total equity 272,952   272,952   319,262
Total liabilities and equity $ 694,292   $ 694,292   $ 771,979
Debt to capitalization ratio 55.00%   55.00%   51.00%
Revenues $ 195,906 64,399 $ 355,020 218,752  
Cost of sales and expenses (174,130) (72,284) (351,777) (230,290)  
Joint venture net income (loss) 21,776 (7,885) 3,243 (11,538)  
Our share of net income (loss) 10,860 (4,008) 7,125 (10,254)  
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]          
Cash and cash equivalents 29,512   29,512   $ 60,580
Inventories 621,322   621,322   666,017
Other assets 33,734   33,734   36,026
Total assets 684,568   684,568   762,623
Accounts payable and accrued liabilities 86,935   86,935   121,646
Notes payable 333,692   333,692   330,642
Total liabilities 420,627   420,627   452,288
Hovnanian Enterprises, Inc. 96,869   96,869   88,884
Others 167,072   167,072   221,451
Total equity 263,941   263,941   310,335
Total liabilities and equity $ 684,568   $ 684,568   $ 762,623
Debt to capitalization ratio 56.00%   56.00%   52.00%
Revenues $ 194,539 62,610 $ 350,035 214,103  
Cost of sales and expenses (173,073) (70,411) (347,439) (225,594)  
Joint venture net income (loss) 21,466 (7,801) 2,596 (11,491)  
Our share of net income (loss) 10,705 (3,966) 6,802 (10,230)  
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]          
Cash and cash equivalents 2,619   2,619   $ 194
Inventories 7,105   7,105   9,162
Other assets    
Total assets 9,724   9,724   9,356
Accounts payable and accrued liabilities 713   713   429
Notes payable    
Total liabilities 713   713   429
Hovnanian Enterprises, Inc. 4,069   4,069   3,746
Others 4,942   4,942   5,181
Total equity 9,011   9,011   8,927
Total liabilities and equity $ 9,724   $ 9,724   $ 9,356
Debt to capitalization ratio 0.00%   0.00%   0.00%
Revenues $ 1,367 1,789 $ 4,985 4,649  
Cost of sales and expenses (1,057) (1,873) (4,338) (4,696)  
Joint venture net income (loss) 310 (84) 647 (47)  
Our share of net income (loss) $ 155 $ (42) $ 323 $ (24)