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Note 20 - Fair Value of Financial Instruments (Tables)

6 Months Ended

Apr. 30, 2022

Notes Tables

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

			Fair Value at				Fair Value at
	Fair Value		April 30,				October 31,
(In thousands)	Hierarchy		2022				2021
Mortgage loans held for sale (1)	Level 2		$	93,196			$	151,059
Forward contracts	Level 2			494				(107	)
Total			$	93,690			$	150,952
Interest rate lock commitments	Level 3			(286	)			152
Total			$	93,404			$	151,104

Fair Value Option, Disclosures [Table Text Block]

Three Months Ended April 30, 2022

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

For Sale

Commitments

Contracts

Changes in fair value included in net income all reflected in financial services revenues

$

(416

)

$

359

$

359

		Three Months Ended April 30, 2021
		Mortgage				Interest Rate
		Loans Held				Lock				Forward
(In thousands)		For Sale				Commitments				Contracts
Changes in fair value included in net income all reflected in financial services revenues		$	(636	)		$	385			$	(252	)

Six Months Ended April 30, 2022

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

For Sale

Commitments

Contracts

Changes in fair value included in net income all reflected in financial services revenues

$

1,566

$

(286

)

$

494

Six Months Ended April 30, 2021

Mortgage

Interest Rate

Loans Held

Lock

Forward

(In thousands)

For Sale

Commitments

Contracts

Changes in fair value included in net income all reflected in financial services revenues

$

4,257

$

439

$

(403

)

Fair Value Measurements, Nonrecurring [Table Text Block]

			Six Months Ended
			April 30, 2021
			Pre-
	Fair Value		Impairment
(In thousands)	Hierarchy		Amount				Total Losses				Fair Value
Sold and unsold homes and lots under development	Level 3		$	2,286			$	(843	)		$	1,443
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 1.75 Lien Notes due November 15, 2025			-				-				167,172				167,172
7.75% Senior Secured 1.125 Lien Notes due February 15, 2026			-				-				249,625				249,625
10.5% Senior Secured 1.25 Lien Notes due February 15, 2026			-				-				288,477				288,477
11.25% Senior Secured 1.5 Lien Notes due February 15, 2026			-				-				162,139				162,139
Senior Notes:
13.5% Senior Notes due February 1, 2026			-				-				96,723				96,723
5.0% Senior Notes due February 1, 2040			-				-				61,480				61,480
Senior Credit Facilities:
Senior Unsecured Term Loan Credit Facility due February 1, 2027			-				-				31,546				31,546
Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028			-				-				85,956				85,956
Total fair value		$	-			$	-			$	1,143,118			$	1,143,118

(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

X

- Definition

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