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Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)

6 Months Ended

Apr. 30, 2025

Investments in Unconsolidated Homebuilding and Land Development Joint Ventures

Equity Method Investments [Table Text Block]

		April 30, 2025
						Land
(In thousands)		Homebuilding				Development				Total
Assets:
Cash and cash equivalents		$	141,058			$	-			$	141,058
Inventories			534,268				-				534,268
Other assets			216,871				-				216,871
Total assets		$	892,197			$	-			$	892,197
Liabilities and equity:
Accounts payable and accrued liabilities		$	435,513			$	-			$	435,513
Notes payable			134,705				-				134,705
Total liabilities			570,218				-				570,218
Equity of:
Hovnanian Enterprises, Inc.			179,850				-				179,850
Others			142,129				-				142,129
Total equity			321,979				-				321,979
Total liabilities and equity		$	892,197			$	-			$	892,197
Debt to capitalization ratio			29	%			0	%			29	%

		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	%

		Three Months Ended April 30, 2025
						Land
(In thousands)		Homebuilding				Development				Total
Revenues		$	146,139			$	-			$	146,139
Cost of sales and expenses			(133,957	)			-				(133,957	)
Joint venture net income		$	12,182			$	-			$	12,182
Our share of net income		$	9,043			$	-			$	9,043

		Three Months Ended April 30, 2024
						Land
(In thousands)		Homebuilding				Development				Total
Revenues		$	124,044			$	-			$	124,044
Cost of sales and expenses			(111,117	)			-				(111,117	)
Joint venture net income		$	12,927			$	-			$	12,927
Our share of net income		$	11,164			$	-			$	11,164

		Six Months Ended April 30, 2025
						Land
(In thousands)		Homebuilding				Development				Total
Revenues		$	280,052			$	-			$	280,052
Cost of sales and expenses			(254,215	)			-				(254,215	)
Joint venture net income		$	25,837			$	-			$	25,837
Our share of net income		$	18,248			$	-			$	18,248

		Six Months Ended April 30, 2024
						Land
(In thousands)		Homebuilding				Development				Total
Revenues		$	250,469			$	-			$	250,469
Cost of sales and expenses			(219,776	)			-				(219,776	)
Joint venture net income		$	30,693			$	-			$	30,693
Our share of net income		$	26,116			$	-			$	26,116

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- References

No definition available.

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

+ Details

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