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Note 9 - Senior Notes and Credit Facilities - Senior Notes and Credit Facilities Balances (Details) - USD ($) $ in Thousands | Oct. 31, 2022 | Oct. 31, 2021 | Oct. 31, 2019
--- | --- | --- | ---
Long-term Debt, Gross |  | $ 1,154,852 | [1] | $ 1,254,852 |
Net (discounts) premiums |  | 4,079 |  | 10,769 |
Unamortized debt issuance costs |  | (12,384) |  | (17,248) |
Total senior notes and credit facilities, net of discounts, premiums and unamortized debt issuance costs |  | 1,146,547 |  | 1,248,373 |
Senior Secured Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 853,093 |  | 953,093 |
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 180,710 |  | 180,710 |
Senior Unsecured Term Loan Credit Facility Due 2027 [Member] |  |  |  |  |
Long-term Debt, Gross |  | 39,551 |  | 39,551 |
Senior Secured Revolving Credit Facility [Member] |  |  |  |  |
Long-term Debt, Gross | [2] | 0 |  | 0 |
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 158,502 |  | 158,502 |
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 250,000 |  | 350,000 |
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 282,322 |  | 282,322 |
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] |  |  |  |  |
Long-term Debt, Gross |  |  |  |  | $ 103,100
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 162,269 |  | 162,269 |
The 8.0% Senior Notes Due 2027 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |
Long-term Debt, Gross | [3] | 0 |  | 0 |
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 90,590 |  | 90,590 |
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] |  |  |  |  |
Long-term Debt, Gross |  | 90,120 |  | 90,120 |
The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member] | Senior Secured Term Loan [Member] |  |  |  |  |
Long-term Debt, Gross |  | $ 81,498 |  | $ 81,498 |
[1] | Does not include our $125.0 million Senior Secured Revolving Credit Facility under which there were no borrowings outstanding as of October 31, 2022.
[2] | At October 31, 2022, provides for up to $125.0 million in aggregate senior secured first lien revolving loans. In the fourth quarter of fiscal 2022, we amended our Secured Credit Facility, which amendments became effective in the first quarter of fiscal 2023. As amended, the revolving loans thereunder have a maturity of June 30, 2024 and borrowings bear interest, at K. Hovnanian’s option, at either (i) a term secured overnight financing rate (subject to a floor of 1.00%) plus an applicable margin of 4.50% or (ii) an alternate base rate plus an applicable margin of 3.50%. In addition, K. Hovnanian will pay an unused commitment fee on the undrawn revolving commitments at a rate of 1.00% per annum.
[3] | $26.0 million of 8.0% Senior Notes due 2027 (the "8.0% 2027 Notes") are owned by a wholly owned consolidated subsidiary of HEI. Therefore, in accordance with U.S. GAAP, such notes are not reflected on the Consolidated Balance Sheets of HEI.

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