XML 80 R67.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($)
$ in Thousands
 3 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Oct. 31, 2023
Oct. 31, 2022
Schedule of Equity Method Investments [Line Items]        
Total assets $ 2,340,378   $ 2,492,940  
Total liabilities 1,733,290   1,911,151  
Hovnanian Enterprises, Inc. 607,088   581,736  
Others 0   53  
Total equity 607,088 $ 395,797 581,789 $ 383,051
Total liabilities and equity 2,340,378   2,492,940  
Revenues 594,196 515,366    
Net income 23,904 18,716    
Our share of net income 14,952 7,160    
Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 117,115   128,369  
Inventories 372,833   375,022  
Other assets 380,995   380,989  
Total assets 870,943   884,380  
Accounts payable and accrued liabilities 510,430   525,191  
Notes payable 107,782   101,126  
Total liabilities 618,212   626,317  
Hovnanian Enterprises, Inc. 109,420   96,491  
Others 143,311   161,572  
Total equity 252,731   258,063  
Total liabilities and equity $ 870,943   $ 884,380  
Debt to capitalization ratio 30.00%   28.00%  
Revenues $ 126,425 79,601    
Cost of sales and expenses (108,659) (76,885)    
Net income 17,766 2,716    
Our share of net income 14,952 7,160    
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 116,347   $ 127,547  
Inventories 372,833   375,022  
Other assets 380,995   380,989  
Total assets 870,175   883,558  
Accounts payable and accrued liabilities 509,879   524,586  
Notes payable 107,782   101,126  
Total liabilities 617,661   625,712  
Hovnanian Enterprises, Inc. 109,210   96,281  
Others 143,304   161,565  
Total equity 252,514   257,846  
Total liabilities and equity $ 870,175   $ 883,558  
Debt to capitalization ratio 30.00%   28.00%  
Revenues $ 126,425 79,601    
Cost of sales and expenses (108,659) (76,885)    
Net income 17,766 2,716    
Our share of net income 14,952 7,160    
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 768   $ 822  
Inventories 0   0  
Other assets 0   0  
Total assets 768   822  
Accounts payable and accrued liabilities 551   605  
Notes payable 0   0  
Total liabilities 551   605  
Hovnanian Enterprises, Inc. 210   210  
Others 7   7  
Total equity 217   217  
Total liabilities and equity $ 768   $ 822  
Debt to capitalization ratio 0.00%   0.00%  
Revenues $ 0 0    
Cost of sales and expenses 0 0    
Net income 0 0    
Our share of net income $ 0 $ 0