XML 81 R68.htm IDEA: XBRL DOCUMENT v3.25.0.1
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, 2025
Jan. 31, 2024
Oct. 31, 2024
Oct. 31, 2023
Schedule of Equity Method Investments [Line Items]        
Total assets $ 2,533,275   $ 2,605,574  
Total liabilities 1,721,849   1,805,225  
Total stockholders’ equity 811,426 $ 607,088 800,349 $ 581,789
Total liabilities and equity 2,533,275   2,605,574  
Revenues 673,623 594,196    
Net income 28,191 23,904    
Our share of net income 9,205 14,952    
Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 125,534   130,532  
Inventories 514,781   402,628  
Other assets 255,556   311,955  
Total assets 895,871   845,115  
Accounts payable and accrued liabilities 443,890   469,320  
Notes payable 125,883   88,653  
Total liabilities 569,773   557,973  
Hovnanian Enterprises, Inc. 171,867   140,540  
Others 154,231   146,602  
Total stockholders’ equity 326,098   287,142  
Total liabilities and equity $ 895,871   $ 845,115  
Debt to capitalization ratio 28.00%   24.00%  
Revenues $ 133,913 126,425    
Cost of sales and expenses (120,258) (108,659)    
Net income 13,655 17,766    
Our share of net income 9,205 14,952    
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 125,534   $ 130,532  
Inventories 514,781   402,628  
Other assets 255,556   311,955  
Total assets 895,871   845,115  
Accounts payable and accrued liabilities 443,890   469,320  
Notes payable 125,883   88,653  
Total liabilities 569,773   557,973  
Hovnanian Enterprises, Inc. 171,867   140,540  
Others 154,231   146,602  
Total stockholders’ equity 326,098   287,142  
Total liabilities and equity $ 895,871   $ 845,115  
Debt to capitalization ratio 28.00%   24.00%  
Revenues $ 133,913 126,425    
Cost of sales and expenses (120,258) (108,659)    
Net income 13,655 17,766    
Our share of net income 9,205 14,952    
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]        
Schedule of Equity Method Investments [Line Items]        
Cash and cash equivalents 0   $ 0  
Inventories 0   0  
Other assets 0   0  
Total assets 0   0  
Accounts payable and accrued liabilities 0   0  
Notes payable 0   0  
Total liabilities 0   0  
Hovnanian Enterprises, Inc. 0   0  
Others 0   0  
Total stockholders’ equity 0   0  
Total liabilities and equity $ 0   $ 0  
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