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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:    
Net income $ 87,243 $ 507,635
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 2,489 2,822
Compensation from stock options and awards 3,394 1,753
Amortization of bond discounts, premiums and deferred financing costs (194) 534
Gain on sale and retirement of property and assets (37) (14)
Income from unconsolidated joint ventures (11,362) (4,557)
Distributions of earnings from unconsolidated joint venture 2,743 5,397
Loss on extinguishment of debt 6,795 0
Noncontrolling interest in consolidated joint ventures 139 190
Inventory impairment and land option write-offs 664 1,958
(Increase) decrease in assets:    
Origination of mortgage loans (598,600) (728,674)
Sale of mortgage loans 656,300 706,446
Receivables, prepaids, deposits and other assets (4,337) 2,541
Inventories (238,571) (63,056)
Deferred tax assets 25,121 (459,186)
(Decrease) increase in liabilities:    
State income tax payable (913) (1,244)
Customers’ deposits 32,150 17,644
Accounts payable, accrued interest and other accrued liabilities (25,227) 25,271
Net cash (used in) provided by operating activities (62,203) 15,460
Cash flows from investing activities:    
Proceeds from sale of property and assets 63 15
Purchase of property, equipment, and other fixed assets and acquisitions (5,335) (2,461)
Investment in and advances to unconsolidated joint ventures (152) (29,578)
Distributions of capital from unconsolidated joint ventures 2,324 19,596
Net cash used in investing activities (3,100) (12,428)
Cash flows from financing activities:    
Proceeds from mortgages and notes 230,984 121,340
Payments related to mortgages and notes (158,608) (143,115)
Proceeds from model sale leaseback financing programs 26,982 2,738
Payments related to model sale leaseback financing programs (8,551) (9,879)
Proceeds from land bank financing programs 69,741 16,494
Payments related to land bank financing programs (25,953) (50,606)
Proceeds from partner distributions from consolidated joint venture 40 0
Payments for partner distributions to consolidated joint venture (270) (254)
Preferred dividends paid (5,338) 0
Deferred financing costs from land banking financing programs and note issuances (3,962) (844)
Net cash used in financing activities (39,244) (40,852)
Net decrease in cash and cash equivalents, and restricted cash and cash equivalents (104,547) (37,820)
Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period 311,396 309,460
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 206,849 271,640
Supplemental disclosures of cash flows:    
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements) 26,434 47,202
Income taxes 4,895 3,412
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period 206,849 271,640
Homebuilding [Member]    
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Inventory impairment and land option write-offs 664 1,958
Supplemental disclosures of cash flows:    
Cash and cash equivalents 149,431 218,321
Restricted cash and cash equivalents 14,283 12,753
Financial Services [Member]    
Supplemental disclosures of cash flows:    
Cash and cash equivalents 3,939 4,117
Restricted cash and cash equivalents 39,196 36,449
Senior Secured Notes [Member]    
Cash flows from financing activities:    
Payments related to senior secured notes (103,875) 0
Mortgage Warehouse Lines of Credit [Member]    
Cash flows from financing activities:    
Net (payments) proceeds related to mortgage warehouse lines of credit $ (60,434) $ 23,274