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Note 21 - Fair Value of Financial Instruments (Tables)

12 Months Ended

Oct. 31, 2021

Notes Tables

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

			Fair Value at				Fair Value at
	Fair Value		October 31,				October 31,
(In thousands)	Hierarchy		2021				2020
Mortgage loans held for sale (1)	Level 2		$	151,059			$	104,378
Forward contracts	Level 2			(107	)			(28	)
Total			$	150,952			$	104,350
Interest rate lock commitments	Level 3			152				11
Total			$	151,104			$	104,361

Fair Value Option, Disclosures [Table Text Block]

Year Ended October 31, 2021

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

for Sale

Commitments

Contracts

Fair value included in net income all reflected in financial services revenues

$

4,580

$

152

$

(107

)

Year Ended October 31, 2020

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

for Sale

Commitments

Contracts

Fair value included in net income all reflected in financial services revenues

$

3,928

$

11

$

(28

)

Year Ended October 31, 2019

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

for Sale

Commitments

Contracts

Fair value included in net loss all reflected in financial services revenues

$

4,869

$

42

$

(64

)

Fair Value Measurements, Nonrecurring [Table Text Block]

	Year Ended
	October 31, 2021
(In thousands)	Fair		Pre-
	Value		Impairment
	Hierarchy		Amount				Total Losses				Fair Value
Sold and unsold homes and lots under development	Level 3		$	11,522			$	(2,009	)		$	9,513
Land and land options held for future development or sale	Level 3		$	-			$	-			$	-

	Year Ended
	October 31, 2020
(In thousands)	Fair		Pre-
	Value		Impairment
	Hierarchy		Amount				Total Losses				Fair Value
Sold and unsold homes and lots under development	Level 3		$	691			$	(276	)		$	415
Land and land options held for future development or sale	Level 3		$	4,089			$	(1,741	)		$	2,348

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 1.75 Lien Notes due November 15, 2025			-				-				167,348				167,348
7.75% Senior Secured 1.125 Lien Notes due February 15, 2026			-				-				366,426				366,426
10.5% Senior Secured 1.25 Lien Notes due February 15, 2026`			-				-				300,913				300,913
11.25% Senior Secured 1.5 Lien `Notes due February 15, 2026			-				-				162,548				162,548
Senior Notes:
13.5% Senior Notes due February 1, 2026			-				-				92,331				92,331
5.0% Senior Notes due February 1, 2040			-				-				63,084				63,084
Senior Credit Facilities:
Senior Unsecured Term Loan Credit Facility due February 1, 2027			-				-				28,196				28,196
Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028			-				-				86,046				86,046
Total fair value		$	-			$	-			$	1,266,892			$	1,266,892

(In thousands)		Level 1				Level 2				Level 3				Total
Senior Secured Notes:
10.0% Senior Secured Notes due July 15, 2022		$	-			$	107,878			$	-			$	107,878
10.5% Senior Secured Notes due July 15, 2024			-				-				67,941				67,941
10.0% Senior Secured 1.75 Lien Notes due November 15, 2025			-				-				132,246				132,246
7.75% Senior Secured 1.125 Lien Notes due February 15, 2026			-				-				353,500				353,500
10.5% Senior Secured 1.25 Lien Notes due February 15, 2026			-				-				274,558				274,558
11.25% Senior Secured 1.5 Lien Notes due February 15, 2026			-				-				162,723				162,723
Senior Notes:
13.5% Senior Notes due February 1, 2026			-				54,354				-				54,354
5.0% Senior Notes due February 1, 2040			-				10,814				-				10,814
Senior Credit Facilities:
Senior Unsecured Term Loan Credit Facility due February 1, 2027			-				-				13,091				13,091
Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028			-				-				64,465				64,465
Total fair value		$	-			$	173,046			$	1,068,524			$	1,241,570

X

- Definition

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