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Note 21 - Fair Value of Financial Instruments (Tables)

12 Months Ended

Oct. 31, 2019

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

(In thousands)	Fair Value Hierarchy		Fair Value at October 31, 2019					Fair Value at October 31, 2018
Mortgage loans held for sale (1)		Level 2			$166,007			$130,709
Forward contracts		Level 2			(64	)		13
Total					$165,943			$130,722
Interest rate lock commitments		Level 3			$42			$(28	)
Total					$165,985			$130,694

Fair Value Option, Disclosures [Table Text Block]

		Year Ended October 31, 2019
(In thousands)		Mortgage Loans Held for Sale			Interest Rate Lock Commitments			Forward Contracts
Fair value included in net loss all reflected in financial services revenues		$4,869			$42			$(64	)

		Year Ended October 31, 2018
(In thousands)		Mortgage Loans Held for Sale			Interest Rate Lock Commitments			Forward Contracts
Fair value included in net income all reflected in financial services revenues		$3,115			$(28	)		$13

		Year Ended October 31, 2017
(In thousands)		Mortgage Loans Held for Sale			Interest Rate Lock Commitments			Forward Contracts
Fair value included in net loss all reflected in financial services revenues		$4,256			$(14	)		$15

Fair Value Measurements, Nonrecurring [Table Text Block]

		Year Ended
		October 31, 2019
(In thousands)		Fair Value Hierarchy		Pre- Impairment Amount			Total Losses			Fair Value
Sold and unsold homes and lots under development		Level 3		$9,670			$(2,494	)		$7,176
Land and land options held for future development or sale		Level 3		$7,801			$(185	)		$7,616

		Year Ended
		October 31, 2018
(In thousands)		Fair Value Hierarchy		Pre- Impairment Amount			Total Losses			Fair Value
Sold and unsold homes and lots under development		Level 3		$11,170			$(2,117	)		$9,053
Land and land options held for future development or sale		Level 3		$-			$-			$-

Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis 2 [Table Text Block]

(In thousands)		Level 1			Level 2			Level 3			Total
Senior Secured Notes:
10.0% Senior Secured Notes due July 15, 2022		$-			$189,430			$-			$189,430
10.5% Senior Secured Notes due July 15, 2024		-			166,999			-			166,999
7.75% Senior Secured 1.125 Lien Notes due February 15, 2026		-			-			350,000			350,000
10.5% Senior Secured 1.25 Lien Notes due February 15, 2026		-			-			282,322			282,322
11.25% Senior Secured 1.5 Lien Notes due February 15, 2026		-			-			103,141			103,141
Senior Notes:
13.5% Senior Notes due February 1, 2026		-			-			80,254			80,254
5.0% Senior Notes due February 1, 2040		-			-			31,993			31,993
Senior Unsecured Term Loan Credit Facility due February 1, 2027		-			-			106,499			106,499
Total fair value		$-			$356,429			$954,209			$1,310,638

(In thousands)		Level 1			Level 2			Level 3			Total
Senior Secured Notes:
9.5% Senior Secured Notes due November 15, 2020		$-			$-			$74,250			$74,250
2.0% Senior Secured Notes due November 1, 2021		-			-			40,434			40,434
5.0% Senior Secured Notes due November 1, 2021		-			124,781			-			124,781
10.0% Senior Secured Notes due July 15, 2022		-			424,670			-			424,670
10.5% Senior Secured Notes due July 15, 2024		-			366,720			-			366,720
Senior Notes:
13.5% Senior Notes due February 1, 2026		-			88,148			-			88,148
5.0% Senior Notes due February 1, 2040		-			35,628			-			35,628
Senior Unsecured Term Loan Credit Facility due February 1, 2027		-			-			114,328			114,328
Total fair value		$-			$1,039,947			$229,012			$1,268,959

X

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring and/or nonrecurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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