XML 99 R61.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 18 - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Oct. 31, 2015
Corporate Joint Venture [Member] | Homebuilding [Member] | Homebuilding Venture [Member]          
Cash and cash equivalents $ 39,129   $ 39,129   $ 27,856
Inventories 504,730   504,730   314,814
Other assets 24,832   24,832   11,225
Total assets 568,691   568,691   353,895
Accounts payable and accrued liabilities 50,686   50,686   29,994
Notes payable 209,868   209,868   112,554
Total liabilities 260,554   260,554   142,548
Hovnanian Enterprises, Inc. 80,747   80,747   57,336
Others 227,390   227,390   154,011
Total equity 308,137   308,137   211,347
Total liabilities and equity $ 568,691   $ 568,691   $ 353,895
Debt to capitalization ratio 41.00%   41.00%   35.00%
Revenues $ 31,145 $ 27,459 $ 77,171 $ 91,300  
Cost of sales and expenses (37,245) (29,705) (92,904) (53,821)  
Joint venture net (loss) income (6,100) (2,246) (15,733) 37,479  
Income (loss) from unconsolidated joint ventures (2,418) (488) (5,267) 728  
Corporate Joint Venture [Member] | Homebuilding [Member] | Land Development Venture [Member]          
Cash and cash equivalents 860   860   $ 1,755
Inventories 12,299   12,299   11,767
Other assets    
Total assets 13,159   13,159   13,522
Accounts payable and accrued liabilities 1,222   1,222   669
Notes payable 2,864   2,864   3,774
Total liabilities 4,086   4,086   4,443
Hovnanian Enterprises, Inc. 3,309   3,309   3,122
Others 5,764   5,764   5,957
Total equity 9,073   9,073   9,079
Total liabilities and equity $ 13,159   $ 13,159   $ 13,522
Debt to capitalization ratio 24.00%   24.00%   29.00%
Revenues $ 1,219 1,394 $ 2,836 4,009  
Cost of sales and expenses (1,143) (1,296) (2,462) (4,103)  
Joint venture net (loss) income 76 98 374 (94)  
Income (loss) from unconsolidated joint ventures 38 49 187 (47)  
Corporate Joint Venture [Member] | Homebuilding [Member]          
Cash and cash equivalents 39,989   39,989   $ 29,611
Inventories 517,029   517,029   326,581
Other assets 24,832   24,832   11,225
Total assets 581,850   581,850   367,417
Accounts payable and accrued liabilities 51,908   51,908   30,663
Notes payable 212,732   212,732   116,328
Total liabilities 264,640   264,640   146,991
Hovnanian Enterprises, Inc. 84,056   84,056   60,458
Others 233,154   233,154   159,968
Total equity 317,210   317,210   220,426
Total liabilities and equity $ 581,850   $ 581,850   $ 367,417
Debt to capitalization ratio 40.00%   40.00%   35.00%
Revenues $ 32,364 28,853 $ 80,007 95,309  
Cost of sales and expenses (38,388) (31,001) (95,366) (57,924)  
Joint venture net (loss) income (6,024) (2,148) (15,359) 37,385  
Income (loss) from unconsolidated joint ventures $ (2,380) (439) $ (5,080) 681  
Debt to capitalization ratio 40.00%   40.00%    
Income (loss) from unconsolidated joint ventures $ (2,401) $ (448) $ (5,227) $ 2,470