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Note 17 - Transactions With Related Parties
12 Months Ended
Oct. 31, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
17.
Transactions with Related Parties
 
During the years ended
October 31, 2019,
2018
and
2017,
an engineering firm owned by Tavit Najarian, a relative of Ara K. Hovnanian, our Chairman of the Board of Directors and our Chief Executive Officer, provided services to the Company totaling
$0.9
million,
$0.7
million and
$0.8
million, respectively. Neither the Company nor Mr. Hovnanian has a financial interest in the relative’s company from whom the services were provided.
  
Mr. Carson Sorsby, the son of J. Larry Sorsby,
one
of our directors and Chief Financial Officer, is employed by the Company’s mortgage subsidiary. His total commissions from the Company’s mortgage affiliate totaled approximately 
$223,000,
$148,000
and
$191,000
in fiscal
2019,
2018
and
2017,
respectively.
 
Mr. Alexander Hovnanian, the son of Ara K. Hovnanian, our Chairman of the Board of Directors and our Chief Executive Officer, is employed by the Company. Mr. Hovnanian was Division President of the Northeast Division in fiscal
2019.
His total compensation was approximately
$609,000,
$514,000
 and
$336,000
in fiscal
2019,
2018
and
2017,
respectively.