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Investments in Unconsolidated Entities (Tables)
 6 Months Ended
Apr. 30, 2019
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Summary of Joint Venture Information [Table Text Block]
The table below provides information as of April 30, 2019, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands):
 
Land
Development
Joint Ventures
 
Home Building
Joint Ventures
 
Rental Property
Joint Ventures
 
Gibraltar
Joint Ventures
 
Total
Number of unconsolidated entities
7
 
4
 
18
 
8
 
37
Investment in unconsolidated entities
$
139,883

 
$
64,081

 
$
168,574

 
$
17,547

 
$
390,085

Number of unconsolidated entities with funding commitments by the Company
2
 
1
 
2
 
1

 
6
Company’s remaining funding commitment to unconsolidated entities
$
17,551

 
$
1,400

 
$
2,300

 
$
9,621

 
$
30,872
Summary of Joint Ventures Borrowing information [Table Text Block]
Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at April 30, 2019, regarding the debt financing obtained by category ($ amounts in thousands):
 
Land
Development
Joint Ventures
 
Home Building
Joint Ventures
 
Rental Property
Joint Ventures
 
Total
Number of joint ventures with debt financing
3
 
3
 
16
 
22
Aggregate loan commitments
$
100,877

 
$
280,118

 
$
1,191,229

 
$
1,572,224

Amounts borrowed under loan commitments
$
76,894

 
$
247,328

 
$
924,613

 
$
1,248,835
Condensed balance sheet
Condensed Balance Sheets:
 
April 30,
2019
 
October 31,
2018
Cash and cash equivalents
$
90,183

 
$
102,462

Inventory
803,161

 
973,990

Loans receivable, net
38,887

 
40,065

Rental properties
1,070,823

 
808,785

Rental properties under development
348,886

 
437,586

Real estate owned
14,860

 
14,838

Other assets
168,261

 
166,029

Total assets
$
2,535,061

 
$
2,543,755

Debt, net of deferred financing costs
$
1,240,577

 
$
1,145,998

Other liabilities
181,247

 
158,570

Members’ equity
1,110,319

 
1,235,974

Noncontrolling interest
2,918

 
3,213

Total liabilities and equity
$
2,535,061

 
$
2,543,755

Company’s net investment in unconsolidated entities (1)
$
390,085

 
$
431,813

 
(1)
Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of impairments related to our investments in unconsolidated entities; interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; unrealized gains on our retained joint venture interests; gains recognized from the sale of our ownership interests; and distributions from entities in excess of the carrying amount of our net investment.
Condensed statements of operations and comprehensive income
Condensed Statements of Operations:
 
Six months ended April 30,
 
Three months ended April 30,
 
2019
 
2018
 
2019
 
2018
Revenues
$
331,617

 
$
276,284

 
$
178,388

 
$
82,663

Cost of revenues
288,951

 
209,410

 
157,196

 
60,660

Other expenses
41,354

 
44,584

 
22,879

 
20,297

Total expenses
330,305

 
253,994

 
180,075

 
80,957

Gain on disposition of loans and real estate owned
3,694

 
26,480

 
—

 
11,809

Income (loss) from operations
5,006

 
48,770

 
(1,687
)
 
13,515

Other income
1,737

 
80,866

 
1,090

 
1,502

Income (loss) before income taxes
6,743

 
129,636

 
(597
)
 
15,017

Income tax provision (benefit)
225

 
349

 
(40
)
 
151

Net income (loss) including earnings from noncontrolling interests
6,518

 
129,287

 
(557
)
 
14,866

Less: income attributable to noncontrolling interest
(2,078
)
 
(11,937
)
 
31

 
(5,855
)
Net income (loss) attributable to controlling interest
$
4,440

 
$
117,350

 
$
(526
)
 
$
9,011

Company’s equity in earnings of unconsolidated entities (1)
$
10,559

 
$
41,444

 
$
4,419

 
$
2,564

(1)
Differences between our equity in earnings of unconsolidated entities and the underlying net income of the entities are primarily a result of a basis difference of an acquired joint venture interest; distributions from entities in excess of the carrying amount of our net investment; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.