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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Cash flows from operating activities:        
Net (loss) $ (15,257) $ (9,823) $ (32,709) $ (40,632)
Adjustments to reconcile net (loss) to net cash used in operating activities:        
Depreciation     1,938 1,509
Compensation from stock options and awards     1,191 2,075
Amortization of bond discounts, premiums and deferred financing costs     3,880 4,150
Gain on sale and retirement of property and assets     (12) (3,592)
(Income) loss from unconsolidated joint ventures (7,252) (1,343) (16,814) 3,833
Distributions of earnings from unconsolidated joint ventures     6,917
Loss on extinguishment of debt 1,440 1,440
Noncontrolling interest income in consolidated joint venture     (28)
Inventory impairment and land option write-offs     2,166 3,087
(Increase) decrease in assets:        
Origination of mortgage loans     (435,012) (456,828)
Sale of mortgage loans     474,457 501,227
Receivables, prepaids, deposits and other assets     4,712 (16,349)
Inventories     (192,059) (20,267)
(Decrease) increase in liabilities:        
State income tax payable     (1,244) (325)
Customers’ deposits     7,867 (2,775)
Accounts payable, accrued interest and other accrued liabilities     (24,119) (46,511)
Net cash used in operating activities     (198,869) (69,958)
Cash flows from investing activities:        
Proceeds from sale of property and assets     16 38,273
Purchase of property, equipment and other fixed assets and acquisitions     (1,956) (3,208)
Investments in and advances to unconsolidated joint ventures     (7,727) (18,879)
Distributions of capital from unconsolidated joint ventures     5,756 28,754
Net cash (used in) provided by investing activities     (3,911) 44,940
Cash flows from financing activities:        
Proceeds from mortgages and notes     171,045 75,962
Payments related to mortgages and notes     (74,696) (82,121)
Proceeds from model sale leaseback financing programs     14,905 746
Payments for model sale leaseback financing programs     (6,627) (22,741)
Proceeds from land bank financing programs     61,155 3,766
Payments related to land bank financing programs     (8,765) (19,890)
Proceeds from partner contribution to consolidated joint venture     594
Proceeds from senior unsecured term loan facility     132,500
Proceeds from senior secured notes, net of discount     21,348
Payments for senior notes and senior amortizing notes     (215,093)
Net payments related to mortgage warehouse lines of credit     (36,606) (43,439)
Deferred financing costs from land bank financing programs and note issuances     (3,962) (5,523)
Net cash provided by (used in) financing activities     138,391 (175,833)
Net decrease in cash and cash equivalents, and restricted cash and cash equivalents     (64,389) (200,851)
Cash, cash equivalents, and restricted cash and cash equivalents balance, beginning of period     232,992 493,742
Cash, cash equivalents, and restricted cash and cash equivalents balance, end of period 168,603 292,891 168,603 292,891
Supplemental disclosure of cash flow:        
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements) 3,401 3,225 43,840 59,707
Income taxes     1,936 909
Cash, cash equivalents, and restricted cash and cash equivalents balance, end of period 168,603 292,891 168,603 292,891
Homebuilding [Member]        
Adjustments to reconcile net (loss) to net cash used in operating activities:        
Inventory impairment and land option write-offs 1,462 2,673 2,166 3,087
Supplemental disclosure of cash flow:        
Cash and cash equivalents 123,998 248,815 123,998 248,815
Restricted cash and cash equivalents 17,223 13,957 17,223 13,957
Financial Services [Member]        
Supplemental disclosure of cash flow:        
Cash and cash equivalents 5,424 4,960 5,424 4,960
Restricted cash and cash equivalents $ 21,958 $ 25,159 $ 21,958 $ 25,159