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Note 12 - Senior Notes and Credit Facilities - Senior Notes and Credit Facilities Balances (Details) - USD ($) $ in Thousands | Jul. 31, 2023 | Oct. 31, 2022
--- | --- | ---
Senior debt |  | $ 1,054,852 | $ 1,154,852
Net (discounts) premiums |  | (1,120) | 4,079
Unamortized debt issuance costs |  | (8,953) | (12,384)
Total senior notes and credit facilities, net of discounts, premiums and unamortized debt issuance costs |  | 1,044,779 | 1,146,547
Senior Secured Notes [Member] |  |  |
Senior debt |  | 753,093 | 853,093
Unsecured Senior Notes [Member] |  |  |
Senior debt |  | 180,710 | 180,710
Senior Unsecured Term Loan Credit Facility Due 2027 [Member] |  |  |
Senior debt |  | 39,551 | 39,551
Senior Secured Revolving Credit Facility [Member] |  |  |
Senior debt | [1] | 0 | 0
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member] |  |  |
Senior debt |  | 158,502 | 158,502
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |
Senior debt |  | 150,000 | 250,000
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |
Senior debt |  | 282,322 | 282,322
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] |  |  |
Senior debt |  | 162,269 | 162,269
The 8.0% Senior Notes Due 2027 [Member] | Unsecured Senior Notes [Member] |  |  |
Senior debt | [2] | 0 | 0
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes [Member] |  |  |
Senior debt |  | 90,590 | 90,590
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes [Member] |  |  |
Senior debt |  | 90,120 | 90,120
The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member] | Senior Secured Term Loan [Member] |  |  |
Senior debt |  | $ 81,498 | $ 81,498
[1] | At July 31, 2023, provides for up to $125.0 million in aggregate amount of senior secured first lien revolving loans. 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.
[2] | $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 Condensed Consolidated Balance Sheets of HEI.

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