XML 87 R70.htm IDEA: XBRL DOCUMENT v3.25.2
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 9 Months Ended
Jul. 31, 2025
Apr. 30, 2025
Jan. 31, 2025
Jul. 31, 2024
Apr. 30, 2024
Jan. 31, 2024
Jul. 31, 2025
Jul. 31, 2024
Oct. 31, 2024
Oct. 31, 2023
Schedule of Equity Method Investments [Line Items]                    
Total assets $ 2,629,352           $ 2,629,352   $ 2,605,574  
Total liabilities 1,793,989           1,793,989   1,805,225  
Hovnanian Enterprises, Inc. 835,363           835,363   800,349  
Total stockholders’ equity 835,363 $ 820,370 $ 811,426 $ 703,384 $ 647,046 $ 607,088 835,363 $ 703,384 800,349 $ 581,789
Total liabilities and equity 2,629,352           2,629,352   2,605,574  
Revenues 800,583     722,704     2,160,677 2,025,280    
Net income 16,615 $ 19,726 $ 28,191 72,919 $ 50,836 $ 23,904 64,532 147,659    
Our share of net income 15,511     10,698     33,759 36,814    
Corporate Joint Venture [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Cash and cash equivalents 127,319           127,319   130,532  
Inventories 569,264           569,264   402,628  
Other assets 187,959           187,959   311,955  
Total assets 884,542           884,542   845,115  
Accounts payable and accrued liabilities 391,659           391,659   469,320  
Notes payable 124,621           124,621   88,653  
Total liabilities 516,280           516,280   557,973  
Hovnanian Enterprises, Inc. 216,432           216,432   140,540  
Others 151,830           151,830   146,602  
Total stockholders’ equity 368,262           368,262   287,142  
Total liabilities and equity $ 884,542           $ 884,542   $ 845,115  
Debt to capitalization ratio 25.00%           25.00%   24.00%  
Revenues $ 166,887     155,930     $ 446,939 406,399    
Cost of sales and expenses (152,679)     (134,198)     (406,894) (353,974)    
Net income 14,208     21,732     40,045 52,425    
Our share of net income 15,511     10,698     33,759 36,814    
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Cash and cash equivalents 127,319           127,319   $ 130,532  
Inventories 569,264           569,264   402,628  
Other assets 187,959           187,959   311,955  
Total assets 884,542           884,542   845,115  
Accounts payable and accrued liabilities 391,659           391,659   469,320  
Notes payable 124,621           124,621   88,653  
Total liabilities 516,280           516,280   557,973  
Hovnanian Enterprises, Inc. 216,432           216,432   140,540  
Others 151,830           151,830   146,602  
Total stockholders’ equity 368,262           368,262   287,142  
Total liabilities and equity $ 884,542           $ 884,542   $ 845,115  
Debt to capitalization ratio 25.00%           25.00%   24.00%  
Revenues $ 166,887     155,930     $ 446,939 406,399    
Cost of sales and expenses (152,679)     (134,612)     (406,894) (354,388)    
Net income 14,208     21,318     40,045 52,011    
Our share of net income 15,511     10,698     33,759 36,814    
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Cash and cash equivalents 0           0   $ 0  
Inventories 0           0   0  
Other assets 0           0   0  
Total assets 0           0   0  
Accounts payable and accrued liabilities 0           0   0  
Notes payable 0           0   0  
Total liabilities 0           0   0  
Hovnanian Enterprises, Inc. 0           0   0  
Others 0           0   0  
Total stockholders’ equity 0           0   0  
Total liabilities and equity $ 0           $ 0   $ 0  
Debt to capitalization ratio 0.00%           0.00%   0.00%  
Revenues $ 0     0     $ 0 0    
Cost of sales and expenses 0     414     0 414    
Net income 0     414     0 414    
Our share of net income $ 0     $ 0     $ 0 $ 0