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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Homebuilding:    
Total revenues $ 445,714us-gaap_Revenues $ 364,048us-gaap_Revenues
Homebuilding:    
Inventory impairment loss and land option write-offs 2,230hov_InventoryImpairmentsAndLandOptionCostWriteOffs 664hov_InventoryImpairmentsAndLandOptionCostWriteOffs
Corporate general and administrative 16,908hov_CorporateGeneralAndAdministrative 16,392hov_CorporateGeneralAndAdministrative
Other interest 25,071hov_RealEstateInventoryExpenseNotEligibleForCapitalization [1],[2] 23,333hov_RealEstateInventoryExpenseNotEligibleForCapitalization [1],[2]
Other operations 1,544us-gaap_OtherNonoperatingIncomeExpense 1,109us-gaap_OtherNonoperatingIncomeExpense
Total expenses 466,846us-gaap_CostsAndExpenses 390,509us-gaap_CostsAndExpenses
Income from unconsolidated joint ventures 1,452us-gaap_IncomeLossFromEquityMethodInvestments 2,571us-gaap_IncomeLossFromEquityMethodInvestments
Loss before income taxes (19,680)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (23,890)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
State and federal income tax provision (benefit):    
Tax provision (benefit) (5,304)us-gaap_IncomeTaxExpenseBenefit 633us-gaap_IncomeTaxExpenseBenefit
Net loss (14,376)us-gaap_NetIncomeLoss (24,523)us-gaap_NetIncomeLoss
Basic:    
Loss per common share (in Dollars per share) $ (0.10)us-gaap_EarningsPerShareBasic $ (0.17)us-gaap_EarningsPerShareBasic
Weighted-average number of common shares outstanding (in Shares) 146,929us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 145,982us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Assuming dilution:    
Loss per common share (in Dollars per share) $ (0.10)us-gaap_EarningsPerShareDiluted $ (0.17)us-gaap_EarningsPerShareDiluted
Weighted-average number of common shares outstanding (in Shares) 146,929us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 145,982us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
State and Local Jurisdiction [Member]    
State and federal income tax provision (benefit):    
Tax provision (benefit) 3,132us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_IncomeTaxAuthorityAxis
= us-gaap_StateAndLocalJurisdictionMember
633us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_IncomeTaxAuthorityAxis
= us-gaap_StateAndLocalJurisdictionMember
Homebuilding [Member]    
Homebuilding:    
Sale of homes 433,471us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
355,181us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Land sales and other revenues 1,121hov_LandSalesAndOtherRevenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
773hov_LandSalesAndOtherRevenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Total homebuilding 434,592us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
355,954us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Total revenues 434,628us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
355,999us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Homebuilding:    
Cost of sales, excluding interest 354,812us-gaap_CostOfRealEstateSalesExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
288,887us-gaap_CostOfRealEstateSalesExcludingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Cost of sales interest 11,318us-gaap_CostOfRealEstateSalesInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
9,490us-gaap_CostOfRealEstateSalesInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Inventory impairment loss and land option write-offs 2,230hov_InventoryImpairmentsAndLandOptionCostWriteOffs
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
664hov_InventoryImpairmentsAndLandOptionCostWriteOffs
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Total cost of sales 368,360us-gaap_CostOfRealEstateSales
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
299,041us-gaap_CostOfRealEstateSales
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Selling, general and administrative 47,646us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
43,962us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Total homebuilding expenses 416,006us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
343,003us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Total expenses 459,529us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
383,837us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Loss before income taxes 13,531us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
9,684us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_HomebuildingMember
Financial Services [Member]    
Homebuilding:    
Financial services 11,122us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
8,094us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
Total revenues 11,122us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
8,094us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
Homebuilding:    
Financial services 7,317us-gaap_FinancialServicesCosts
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
6,672us-gaap_FinancialServicesCosts
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
Loss before income taxes 3,805us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
1,422us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= hov_FinancialServicesMember
Internal Revenue Service (IRS) [Member]    
State and federal income tax provision (benefit):    
Tax provision (benefit) $ (8,436)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_IncomeTaxAuthorityNameAxis
= us-gaap_InternalRevenueServiceIRSMember
 
[1] Other interest expensed includes interest that does not qualify for interest capitalization because our assets that qualify for interest capitalization (inventory under development) do not exceed our debt. Also includes interest on completed homes and land in planning, which does not qualify for capitalization, and therefore is expensed.
[2] Cash paid for interest, net of capitalized interest, is the sum of other interest expensed, as defined above, and interest paid by our mortgage and finance subsidiaries adjusted for the change in accrued interest on notes payable, which is calculated as follows: