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Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)

12 Months Ended

Oct. 31, 2022

Notes Tables

Equity Method Investments [Table Text Block]

		*October 31, 2022*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Assets:
Cash and cash equivalents		$	153,176			$	868			$	154,044
Inventories			441,140				-				441,140
Other assets			20,037				-				20,037
Total assets		$	614,353			$	868			$	615,221
Liabilities and equity:
Accounts payable and accrued liabilities		$	471,813			$	651			$	472,464
Notes payable			34,880				-				34,880
Total liabilities			506,693				651				507,344
Equity of:
Hovnanian Enterprises, Inc.			73,142				209				73,351
Others			34,518				8				34,526
Total equity			107,660				217				107,877
Total liabilities and equity		$	614,353			$	868			$	615,221
Debt to capitalization ratio			24	%			0	%			24	%

		*October 31, 2021*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Assets:
Cash and cash equivalents		$	132,963			$	1,972			$	134,935
Inventories			442,347				-				442,347
Other assets			34,551				-				34,551
Total assets		$	609,861			$	1,972			$	611,833
Liabilities and equity:
Accounts payable and accrued liabilities		$	386,117			$	1,681			$	387,798
Notes payable			73,994				-				73,994
Total liabilities			460,111				1,681				461,792
Equity of:
Hovnanian Enterprises, Inc.			58,460				254				58,714
Others			91,290				37				91,327
Total equity			149,750				291				150,041
Total liabilities and equity		$	609,861			$	1,972			$	611,833
Debt to capitalization ratio			33	%			0	%			33	%

		*For The Year Ended October 31, 2022*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Revenues		$	351,767			$	113			$	351,880
Cost of sales and expenses			(318,788	)			(37	)			(318,825	)
Joint venture net income		$	32,979			$	76			$	33,055
Our share of net income		$	29,002			$	31			$	29,033

		*For The Year Ended October 31, 2021*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Revenues		$	347,898			$	691			$	348,589
Cost of sales and expenses			(335,077	)			(209	)			(335,286	)
Joint venture net income		$	12,821			$	482			$	13,303
Our share of net income		$	8,754			$	195			$	8,949

		*For The Year Ended October 31, 2020*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Revenues		$	435,077			$	13,024			$	448,101
Cost of sales and expenses			(420,977	)			(11,225	)			(432,202	)
Joint venture net income		$	14,100			$	1,799			$	15,899
Our share of net income		$	16,904			$	17			$	16,921