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

12 Months Ended

Oct. 31, 2024

Investments in Unconsolidated Homebuilding and Land Development Joint Ventures

Equity Method Investments [Table Text Block]

		*October 31, 2024*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Assets:
Cash and cash equivalents		$	130,532			$	-			$	130,532
Inventories			402,628				-				402,628
Other assets			311,955				-				311,955
Total assets		$	845,115			$	-			$	845,115
Liabilities and equity:
Accounts payable and accrued liabilities		$	469,320			$	-			$	469,320
Notes payable			88,653				-				88,653
Total liabilities			557,973				-				557,973
Equity of:
Hovnanian Enterprises, Inc.			140,540				-				140,540
Others			146,602				-				146,602
Total equity			287,142				-				287,142
Total liabilities and equity		$	845,115			$	-			$	845,115
Debt to capitalization ratio			24	%			0	%			24	%

		*October 31, 2023*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Assets:
Cash and cash equivalents		$	127,547			$	822			$	128,369
Inventories			375,022				-				375,022
Other assets			380,989				-				380,989
Total assets		$	883,558			$	822			$	884,380
Liabilities and equity:
Accounts payable and accrued liabilities		$	524,586			$	605			$	525,191
Notes payable			101,126				-				101,126
Total liabilities			625,712				605				626,317
Equity of:
Hovnanian Enterprises, Inc.			96,281				210				96,491
Others			161,565				7				161,572
Total equity			257,846				217				258,063
Total liabilities and equity		$	883,558			$	822			$	884,380
Debt to capitalization ratio			28	%			0	%			28	%

		*For The Year Ended October 31, 2024*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Revenues		$	552,727			$	-			$	552,727
Cost of sales and expenses			(484,967	)			445				(484,522	)
Joint venture net income		$	67,760			$	445			$	68,205
Our share of net income		$	52,142			$	121			$	52,263

		*For The Year Ended October 31, 2023*
						*Land*
(In thousands)		*Homebuilding*				*Development*				*Total*
Revenues		$	783,298			$	-			$	783,298
Cost of sales and expenses			(654,217	)			-				(654,217	)
Joint venture net income		$	129,081			$	-			$	129,081
Our share of net income		$	43,160			$	-			$	43,160

		*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