Hovnanian Enterprises (HOV) 10-K 28 Dec 17 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2017	Dec. 15, 2017	Apr. 30, 2017
Document Information [Line Items]
Entity Registrant Name	HOVNANIAN ENTERPRISES INC
Entity Central Index Key	357,294
Trading Symbol	hov
Current Fiscal Year End Date	--10-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 283,280,186
Document Type	10-K
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		15,306,226
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		132,286,691

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Cash and cash equivalents	$ 469,320	$ 346,765
Restricted cash and cash equivalents	24,400	22,900
Investments in and advances to unconsolidated joint ventures	115,090	100,502
Property, plant and equipment, net	52,919	50,332
Assets	1,900,898	2,354,956
Income taxes receivable – including net deferred tax benefits (Note 11)		283,633
Notes payable and term loan, net of discount and debt issuance costs	1,609,509
Liabilities	2,361,269	2,483,466
Income taxes payable	2,227
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at October 31, 2017 and 2016	135,299	135,299
Paid in capital - common stock	706,466	706,137
Accumulated deficit	(1,188,376)	(856,183)
Treasury stock - at cost – 11,760,763 shares of Class A common stock and 691,748 shares of Class B common stock at October 31, 2017 and 2016	(115,360)	(115,360)
Total stockholders' equity deficit	(460,371)	(128,510)
Total liabilities and equity	1,900,898	2,354,956
Common Class A [Member]
Common stock	1,440	1,438
Common Class B [Member]
Common stock	160	159
Homebuilding [Member]
Cash and cash equivalents	463,697	339,773
Restricted cash and cash equivalents	2,077	3,914
Sold and unsold homes and lots under development	744,119	899,082
Land and land options held for future development or sale	140,924	175,301
Consolidated inventory not owned	124,784	208,701
Total inventories	1,009,827	1,283,084
Investments in and advances to unconsolidated joint ventures	115,090	100,502
Receivables, deposits and notes, net	58,149	49,726
Property, plant and equipment, net	52,919	50,332
Prepaid expenses and other assets	37,026	46,762
Assets	1,738,785	1,874,093
Accounts payable and other liabilities	335,057	369,228
Customers’ deposits	33,772	37,429
Liabilities from inventory not owned, net of debt issuance costs	91,101	150,179
Revolving credit facility	52,000	52,000
Notes payable and term loan, net of discount and debt issuance costs	1,627,674	1,605,758
Liabilities	2,217,128	2,311,021
Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member]
Nonrecourse mortgages secured by inventory, net of debt issuance costs	64,512	82,115
Homebuilding [Member] | Nonrecourse Mortgages Secured by Operating Properties [Member] | Mortgages [Member]
Nonrecourse mortgages secured by inventory, net of debt issuance costs	13,012	14,312
Financial Services [Member]
Cash and cash equivalents	5,623	6,992
Assets	162,113	197,230
Other assets	156,490	190,238
Liabilities	$ 141,914	$ 172,445

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Millions	Oct. 31, 2017	Oct. 31, 2016
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000	100,000
Preferred stock, shares issued (in shares)	5,600	5,600
Preferred stock, shares outstanding (in shares)	5,600	5,600
Preferred stock, liquidation preference	$ 140	$ 140
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, shares issued (in shares)	144,046,073	143,806,775
Common stock, shares held in Treasury (in shares)	11,760,763	11,760,763
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	15,999,355	15,942,809
Common stock, shares held in Treasury (in shares)	691,748	691,748

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Revenues	$ 2,451,665	$ 2,752,247	$ 2,148,480
Inventory impairment loss and land option write-offs	17,813	33,353	12,044
Corporate general and administrative	59,367	60,141	62,506
Other interest	97,304	90,967	91,835
Other operations	1,518	4,874	6,003
Total expenses	2,455,008	2,742,265	2,174,414
(Loss) gain on extinguishment of debt	(34,854)	(3,200)
(Loss) income from unconsolidated joint ventures	(7,047)	(4,346)	4,169
(Loss) income before income taxes	(45,244)	2,436	(21,765)
State and federal income tax provision (benefit)	286,949	5,255	(5,665)
Net loss	$ (332,193)	$ (2,819)	$ (16,100)
Loss per common share, basic (in dollars per share)	$ (2.25)	$ (0.02)	$ (0.11)
Weighted-average number of common shares outstanding, basic (in shares)	147,703	147,451	146,899
Loss per common share, assuming dilution (in dollars per share)	$ (2.25)	$ (0.02)	$ (0.11)
Weighted-average number of common shares outstanding, assuming dilution (in shares)	147,703	147,451	146,899
State and Local Jurisdiction [Member]
State and federal income tax provision (benefit)	$ 11,261	$ 2,457	$ 4,293
Domestic Tax Authority [Member]
State and federal income tax provision (benefit)	275,688	2,798	(9,958)
Homebuilding [Member]
Sale of homes	2,340,033	2,600,790	2,088,129
Land sales and other revenues	52,889	78,840	3,686
Total homebuilding	2,392,922	2,679,630	2,091,815
Cost of sales, excluding interest	1,961,804	2,230,457	1,722,038
Cost of sales interest	88,536	92,391	59,613
Inventory impairment loss and land option write-offs	17,813	33,353	12,044
Total cost of sales	2,068,153	2,356,201	1,793,695
Selling, general and administrative	196,320	192,938	188,403
Total homebuilding expenses	2,264,473	2,549,139	1,982,098
Total expenses	2,422,662	2,705,121	2,142,442
Financial Services [Member]
Financial services	58,743	72,617	56,665
Financial services	32,346	37,144	31,972
Total expenses	$ 32,346	$ 37,144	$ 31,972

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Oct. 31, 2014	131,075,800	14,805,795	5,600
Balance at Oct. 31, 2014	$ 1,428	$ 155	$ 135,299	$ 697,943	$ (837,264)	$ (115,360)	$ (117,799)
Stock options, amortization and issuances (in shares)	18,125						18,125
Stock options, amortization and issuances				723			$ 723
Restricted stock amortization, issuances and forfeitures (in shares)	438,093	179,386
Restricted stock amortization, issuances and forfeitures	$ 5	$ 2		5,085			5,092
Conversion of Class B to Class A common stock (in shares)	100	(100)
Net income (loss)					(16,100)		(16,100)
Balance (in shares) at Oct. 31, 2015	131,532,118	14,985,081	5,600
Balance at Oct. 31, 2015	$ 1,433	$ 157	$ 135,299	703,751	(853,364)	(115,360)	$ (128,084)
Stock options, amortization and issuances (in shares)
Stock options, amortization and issuances				(1,502)			$ (1,502)
Restricted stock amortization, issuances and forfeitures (in shares)	445,522	334,352
Restricted stock amortization, issuances and forfeitures	$ 4	$ 3		3,888			3,895
Conversion of Class B to Class A common stock (in shares)	68,372	(68,372)
Net income (loss)					(2,819)		(2,819)
Conversion of Class B to Class A common stock	$ 1	$ (1)
Balance (in shares) at Oct. 31, 2016	132,046,012	15,251,061	5,600
Balance at Oct. 31, 2016	$ 1,438	$ 159	$ 135,299	706,137	(856,183)	(115,360)	$ (128,510)
Stock options, amortization and issuances (in shares)	48,250						48,250
Stock options, amortization and issuances				556			$ 556
Restricted stock amortization, issuances and forfeitures (in shares)	188,548	59,046
Restricted stock amortization, issuances and forfeitures	$ 2	$ 1		(227)			(224)
Conversion of Class B to Class A common stock (in shares)	2,500	(2,500)
Net income (loss)					(332,193)		(332,193)
Balance (in shares) at Oct. 31, 2017	132,285,310	15,307,607	5,600
Balance at Oct. 31, 2017	$ 1,440	$ 160	$ 135,299	$ 706,466	$ (1,188,376)	$ (115,360)	$ (460,371)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Cash flows from operating activities:
Net loss	$ (332,193)	$ (2,819)	$ (16,100)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation	4,249	3,565	3,388
Compensation from stock options and awards	557	2,921	8,816
Amortization of bond discounts and deferred financing costs	13,875	12,830	11,687
Gain on sale and retirement of property and assets	(166)	(632)	(1,119)
Loss (income) from unconsolidated joint ventures	7,047	4,346	(4,169)
Distributions of earnings from unconsolidated joint ventures	1,864	1,002	8,438
Loss on extinguishment of debt	34,854	3,200
Inventory impairment and land option write-offs	17,813	33,353	12,044
Deferred income tax provision (benefit)	285,578	6,851	(4,691)
(Increase) decrease in assets:
Origination of mortgage loans	(1,045,991)	(1,274,284)	(1,042,407)
Sale of mortgage loans	1,078,649	1,239,521	1,007,425
Restricted cash, receivables, prepaids, deposits and other assets	1,224	23,574	10,855
Inventories	255,444	328,141	(312,312)
State and federal income tax payable	282	(205)	(1,045)
Customers’ deposits	(3,657)	(6,789)	9,249
Accounts payable, accrued interest and other accrued liabilities	(21,876)	13,090	(10,594)
Net cash provided by (used in) by operating activities	297,553	387,665	(320,535)
Cash flows from investing activities:
Proceeds from Sale of Property, Plant, and Equipment	270	764	1,573
Purchase of property, equipment, and other fixed assets and acquisitions	(6,478)	(8,007)	(2,054)
Investment in and advances to unconsolidated joint ventures	(36,803)	(49,905)	(18,707)
Distributions of capital from unconsolidated joint ventures	13,304	5,264	17,112
Net cash (used in) provided by investing activities	(27,155)	(48,978)	2,472
Cash flows from financing activities:
Proceeds from mortgages and notes	199,275	211,209	180,284
Payments related to mortgages and notes	(218,468)	(272,220)	(140,901)
Proceeds from model sale leaseback financing programs	10,270	24,297	43,181
Payments related to model sale leaseback financing programs	(28,798)	(41,435)	(20,197)
Proceeds from land bank financing programs	29,190	174,211	16,985
Payments related to land bank financing programs	(71,757)	(108,577)	(24,330)
Net (payments) proceeds related to mortgage warehouse lines of credit	(31,023)	36,713	31,956
Borrowings from revolving credit facility		5,000	47,000
Proceeds from senior secured term notes	840,000	71,250
Proceeds from senior notes			250,000
Payments related to senior notes, senior exchangeable notes and senior amortizing notes	(861,976)	(409,646)	(65,053)
Deferred financing costs from land banking financing programs and note issuances	(14,556)	(11,469)	(9,015)
Net cash (used in) provided by financing activities	(147,843)	(245,667)	309,910
Net increase (decrease) in cash and cash equivalents	122,555	93,020	(8,153)
Cash and cash equivalents balance, beginning of year	346,765	253,745	261,898
Cash and cash equivalents balance, end of year	469,320	346,765	253,745
Supplemental disclosures of cash flows:
Interest, net of capitalized interest (see Note 3 to the Consolidated Financial Statements)	89,836	101,796	85,719
Income taxes	1,089	(1,390)	1,779
Term Loan [Member]
Cash flows from financing activities:
Proceeds from senior secured term notes		75,000
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Cash flows from financing activities:
Proceeds from senior notes			250,000
Related to Mortgage Company [Member]
Cash flows from investing activities:
Increase (decrease) in restricted cash	2,555	2,034	1,555
Related to Letters of Credit [Member]
Cash flows from investing activities:
Increase (decrease) in restricted cash	$ (3)	$ 872	$ 2,993

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Basis of Presentation - The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) and include our accounts and those of all wholly owned subsidiaries, after elimination of all intercompany balances and transactions. Our fiscal year ends October 31. Reclassifications - November 2016, 2015 03, $24.5 $1.3 not $3.0 $20.2 October 31, 2016. 2017 November 2016, 2015 15 835 30 2015 15” 2015 03. 2015 15 no

Note 2 - Business

Note 2 - Business	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Nature of Operations [Text Block]	2. Our operations consist of homebuilding, financial services and corporate. Our homebuilding operations are made up of six 98% October 31, 2017 97% October 31, 2016 2015. October 31, 2017 130 first first second not During fiscal 2016, ed the Minneapolis, Minnesota and Raleigh, North Carolina markets and in the third 2016, See Note 10

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	3. Use of Estimates - The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and these differences could have a significant impact on the financial statements. Income Recognition from Home and Land Sales - We are primarily engaged in the development, construction, marketing and sale of residential single-family and multi-family homes where the planned construction cycle is less than 12 360 20, no not 360 20, third Income Recognition from Mortgage Loans - Our Financial Services segment originates mortgages, primarily for our homebuilding customers. We use mandatory investor commitments and forward sales of mortgage-backed securities (“MBS”) to hedge our mortgage-related interest rate exposure on agency and government loans. We elected the fair value option for our mortgage loans held for sale in accordance with ASC 825, Substantially all of the mortgage loans originated are sold within a short period of time in the secondary mortgage market on a servicing released, nonrecourse basis, although the Company remains liable for certain limited representations, such as fraud, and warranties related to loan sales. Mortgage investors could seek to have us buy back loans or compensate them from losses incurred on mortgages we have sold based on claims that we breached our limited representations and warranties. We have established reserves for probable losses. Cash and Cash Equivalents - Cash represents cash deposited in checking accounts. Cash equivalents include certificates of deposit, Treasury bills and government money–market funds with maturities of 90 may, October 31, 2017 2016, $13.3 $9.4 Fair Value of Financial Instruments - The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. Our financial instruments consist of cash and cash equivalents, restricted cash and cash equivalents, receivables, deposits and notes, accounts payable and other liabilities, customer deposits, mortgage loans held for sale, nonrecourse mortgages, mortgage warehouse lines of credit, revolving credit facility, accrued interest, senior secured term loan and the senior secured notes, senior notes, senior amortizing notes and senior exchangeable notes. The fair value of the senior secured notes, senior notes, senior amortizing notes and senior exchangeable notes is estimated based on the quoted market prices for the same or similar issues or on the current rates offered to us for debt of the same remaining maturities. Inventories - Inventories consist of land, land development, home construction costs, capitalized interest, construction overhead and property taxes. Construction costs are accumulated during the period of construction and charged to cost of sales under specific identification methods. Land, land development and common facility costs are allocated based on buildable acres to product types within each community, then charged to cost of sales equally based upon the number of homes to be constructed in each product type. We record inventories in our consolidated balance sheets at cost unless the inventory is determined to be impaired, in which case the inventory is written down to its fair value. Our inventories consist of the following three 1 2 3 not We decide to mothball (or stop development on) certain communities when we determine that the current performance does not When we decide to mothball a community, the inventory is reclassified on our Consolidated Balance Sheets from “Sold and unsold homes and lots under development” to “Land and land options held for future development or sale.” During fiscal 2017, not five two October 31, 2017 2016, 22 29 $36.7 $74.4 $214.1 $296.3 From time to time we enter into option agreements that include specific performance requirements, whereby we are required to purchase a minimum number of lots. Because of our obligation to purchase these lots, for accounting purposes in accordance with Accounting Standards Codification (“ASC”) 360 20 40 38, October 31, 201 7 2016, no We sell and lease back certain of our model homes with the right to participate in the potential profit when each home is sold to a third 360 20 40 38, October 31, 201 7 2016, $58.5 $79.2 not $51.8 $69.7 not We have land banking arrangements, whereby we sell our land parcels to the land banker and they provide us an option to purchase back finished lots on a predetermined schedule. Because of our options to repurchase these parcels, for accounting purposes, in accordance with ASC 360 20 40 38, October 31, 201 7 2016, $66.3 $129.5 not $39.3 $80.5 not The recoverability of inventories and other long-lived assets is assessed in accordance with the provisions of ASC 360 10, – Overall.” ASC 360 10 We evaluate inventories of communities under development and held for future development for impairment when indicators of potential impairment are present. Indicators of impairment include, but are not The projected operating profits, losses or cash flows of each community can be significantly impacted by our estimates of the following: ● future base selling prices; ● future home sales incentives; ● future home construction and land development costs; and ● future sales absorption pace and cancellation rates. These estimates are dependent upon specific market conditions for each community. While we consider available information to determine what we believe to be our best estimates as of the end of a quarterly reporting period, these estimates are subject to change in future reporting periods as facts and circumstances change. Local market-specific conditions that may ● the intensity of competition within a market, including available home sales prices and home sales incentives offered by our competitors; ● the current sales absorption pace for both our communities and competitor communities; ● community-specific attributes, such as location, availability of lots in the market, desirability and uniqueness of our community, and the size and style of homes currently being offered; ● potential for alternative product offerings to respond to local market conditions; ● changes by management in the sales strategy of the community; ● current local market economic and demographic conditions and related trends and forecasts; and ● existing home inventory supplies, including foreclosures and short sales. These and other local market-specific conditions that may may may may may may one not may not If the undiscounted cash flows are more than the carrying value of the community, then the carrying amount is recoverable, and no third October 31, 201 5 October 31, 2017 16.8% 19.8%. may From time to time, we write off deposits and approval, engineering and capitalized interest costs when we determine that it is no not not not Inventories held for sale are land parcels ready for sale in their current condition, where we have decided not 23.6 $48.7 October 31, 2017 2016, third Post-Development Completion, Warranty Costs and Insurance Deductible Reserves 2017 2016, $20 2017 2016 $0.25 $5 2017 2016 $21 not third third not not 16 Interest - Interest attributable to properties under development during the land development and home construction period is capitalized and expensed along with the associated cost of sales as the related inventories are sold. Interest incurred in excess of interest capitalized, which occurs when assets qualifying for interest capitalization are less than our outstanding debt balances, is expensed as incurred in “Other interest.” Interest costs incurred, expensed and capitalized were: Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Interest capitalized at beginning of year $ 96,688 $ 123,898 $ 109,158 Plus interest incurred(1) 160,203 166,824 166,188 Less cost of sales interest expensed 88,536 92,391 59,613 Less other interest expensed(2)(3) 97,304 90,967 91,835 Less interest contributed to unconsolidated joint venture(4) - 10,676 - Interest capitalized at end of year(5) $ 71,051 $ 96,688 $ 123,898 ( 1 Data does not ( 2 Other interest expensed includes interest that does not not $69.1 $50.4 $77.6 October 31, 2017, 2016 and 2015, not $28.2 $40.6 $14.2 October 31, 2017, 2016 2015. ( 3 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: Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Other interest expensed $ 97,304 $ 90,967 $ 91,835 Interest paid by our mortgage and finance subsidiaries 1,944 2,866 2,050 (Increase) decrease in accrued interest (9,412 ) 7,963 (8,166 ) Cash paid for interest, net of capitalized interest $ 89,836 $ 101,796 $ 85,719 ( 4 Represents capitalized interest which was included as part of the assets contributed to the joint venture the Company entered into in November 2015 , 20. no ( 5 Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest. Land Options - Costs incurred to obtain options to acquire improved or unimproved home sites are capitalized. Such amounts are either included as part of the purchase price if the land is acquired or charged to “Inventory impairments loss and land option write-offs” if we determine we will not not not not not 810 10 Unconsolidated Homebuilding and Land Development Joint Ventures - Investments in unconsolidated homebuilding and land development joint ventures are accounted for under the equity method of accounting. Under the equity method, we recognize our proportionate share of earnings and losses earned by the joint venture upon the delivery of lots or homes to third 50% not not 323 10, During fiscal 2017, $2.8 no 2016 2015. Deferred Bond Issuance Costs - Costs associated with borrowings under our revolving credit facility and senior secured term loan and the issuance of senior secured, senior, senior amortizing and senior exchangeable notes are capitalized and amortized over the term of each note’s issuance. The capitalization of the costs are recorded as a contra liability within our debt balances, except for the revolving credit facility costs, which are recorded as a prepaid asset. Debt Issued At a Discount - Debt issued at a discount to the face amount is accreted up to its face amount utilizing the effective interest method over the term of the note and recorded as a component of interest on the Consolidated Statements of Operations. Advertising Costs - Advertising costs are expensed as incurred. During the years ended October 31, 2017, 2016 2015, $17.9 $21.4 $21.0 Deferred Income Taxes - Deferred income taxes are provided for temporary differences between amounts recorded for financial reporting and for income tax purposes. If the combination of future years’ income (or loss) combined with the reversal of the timing differences results in a loss, such losses can be carried back to prior years or carried forward to future years to recover the deferred tax assets. In accordance with ASC 740 10, 740 10 not” In evaluating the exposures associated with our various tax filing positions, we recognize tax liabilities in accordance with ASC 740 10, not We re-evaluate the exposures associated with our tax positions on a quarterly basis. This evaluation is based on factors such as changes in facts or circumstances, changes in tax law, new audit activity by taxing authorities, and effectively settled issues. Determining whether an uncertain tax position is effectively settled requires judgment. Such a change in recognition or measurement would result in the recognition of a tax benefit or an additional charge to the tax provision. A number of years may may Depreciation - Property, plant and equipment are depreciated using the straight-line method over the estimated useful life of the assets ranging from 3 40 Prepaid Expenses - Prepaid expenses which relate to specific housing communities (model setup, architectural fees, homeowner warranty program fees, etc.) are amortized to cost of sales as the applicable inventories are sold. All other prepaid expenses are amortized over a specific time period or as used and charged to overhead expense. Allowance for Doubtful Accounts – We regularly review our receivable balances, which are included in Receivables, deposits and notes on the Consolidated Balance Sheets, for collectability and record an allowance against a receivable when it is deemed that collectability is uncertain. These receivables include receivables from our insurance carriers, receivables from municipalities related to the development of utilities or other infrastructure, and other miscellaneous receivables. The balance for allowance for doubtful accounts was $7.3 $7.6 October 31, 2017 2016, 2017 2016, $0.2 $0.8 $0.1 $0.2 2017 2016, 2016, $1.0 Stock Options - We account for our stock options under ASC 718 10, Compensation cost arising from nonvested stock granted to employees and from nonemployee stock awards is based on the fair value of the awards at the grant date recognized as expense using the straight-line method over the vesting period. Per Share Calculations - Basic earnings per share is computed by dividing net income (loss) (the “numerator”) by the weighted-average number of common shares outstanding, adjusted for nonvested shares of restricted stock (the “denominator”) for the period. Computing diluted earnings per share is similar to computing basic earnings per share, except that the denominator is increased to include the dilutive effects of options and nonvested shares of restricted stock, as well as common shares issuable upon exchange of our Senior Exchangeable Notes issued as part of our 6.0% All outstanding nonvested shares that contain nonforfeitable rights to dividends or dividend equivalents that participate in undistributed earnings with common stock are considered participating securities and are included in computing earnings per share pursuant to the two two ’s restricted common stock (“nonvested shares”) are considered participating securities. Recent Accounting Pronouncements In May 2014, No. 2014 09, 606 2014 09” 2014 09 1 2 3 4 5 2014 09 605, August 2015, issued ASU 2015 14 one 2014 09, November 1, 2018. December 15, 2016. 2014 09 In August 2014, 2014 15, ’s Ability to Continue as a Going Concern” (“ASU 2014 15” one 2014 15 October 31, 2017 and not In February 2016, 2016 02, 842 2016 02” 2016 02 12 2016 02 November 1, 2019. In August 2016, No. 2016 15, 230 2016 15” 2016 15 2016 15 ’s fiscal year beginning November 1, 2018. In October 2016, No. 2016 16, 740 2016 16” 2016 16 2016 16 ’s fiscal year beginning November 1, 2018. In October 2016, No. 2016 17, 810 2016 17” 2016 17 2016 17 ’s fiscal year beginning November 1, 2017. not 2016 17 In November 2016, No. 2016 18, 230 2016 18” 2016 18 2016 18 ’s fiscal year beginning November 1, 2018.

Note 4 - Leases

Note 4 - Leases	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Leases of Lessee Disclosure [Text Block]	4. We lease certain property under non-cancelable leases. Office leases are generally for terms of three five one three one Years Ending October 31, (In Thousands) 2018 $ 8,139 2019 7,882 2020 5,354 2021 2,915 2022 2,434 Thereafter 4,342 Total $ 31,066 Net rental expense for the three October 31, 2017, 2016 2015, $10.8 $12.8 $11.6 Certain leases contain renewal or purchase options and generally provide that the Company shall pay for insurance, taxes and maintenance.

Note 5 - Property, Plant and Eq

Note 5 - Property, Plant and Equipment	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5. Homebuilding property, plant, and equipment consists of land, land improvements, buildings, building improvements, furniture and equipment used to conduct day-to-day business and are recorded at cost less accumulated depreciation. Included in these amounts are $1.0 $60.1 $26.4 $34.7 October 31, 2017 and sold on November 1, 2017 as discussed in Note 24. Property, plant, and equipment balances as of October 31, 2017 2016 October 31, (In thousands) 2017 2016 Land and land improvements $ 2,625 $ 2,398 Buildings 69,279 67,860 Building improvements 9,458 8,231 Furniture 5,571 5,788 Equipment , including capitalized software 35,328 35,770 Total 122,261 120,047 Less accumulated depreciation 69,342 69,715 Total 52,919 $ 50,332

Note 6 - Restricted Cash and De

Note 6 - Restricted Cash and Deposits	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	6. Restricted cash and cash equivalents on the Consolidated Balance Sheets totaled to $24.4 $22.9 October 31, 2017 2016, 8. Also included in this balance were ( 1 $0.4 $20.0 October 31, 2017, $2.2 $15.1 October 31, 2016, 2 $2.3 October 31, 2017 $3.9 October 31, 2016 Total Homebuilding Customers ’ deposits are shown as a liability on the Consolidated Balance Sheets. These liabilities are significantly more than the applicable periods’ restricted cash balances because, in some states, the deposits are not

Note 7 - Mortgage Loans Held fo

Note 7 - Mortgage Loans Held for Sale	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	7. Our mortgage banking subsidiary originates mortgage loans, primarily from the sale of our homes. Such mortgage loans are sold in the secondary mortgage market within a short period of time of origination. Mortgage loans held for sale consist primarily of single-family residential loans collateralized by the underlying property. We have elected the fair value option to record loans held for sale and therefore these loans are recorded at fair value with the changes in the value recognized in the Consolidated Statements of Operations in “Revenues: Financial services.” We currently use forward sales of mortgage-backed securities (“MBS”), interest rate commitments from borrowers and mandatory and/or best efforts forward commitments to sell loans to third not At October 31, 2017 2016, 119.6 $147.4 8 may not October 31, 2017 2016, 45 130 not 2017, The activity in our loan origination reserves in fiscal 2017 2016 Year Ended October 31, (In thousands) 2017 2016 Loan origination reserves, beginning of period $ 8,137 $ 8,025 Provisions for losses during the period 165 261 Adjustments to pre-existing provisions for losses from changes in estimates (4,571 ) 48 Payments/settlements (573 ) (197 ) Loan origination reserves, end of period $ 3,158 $ 8,137

Note 8 - Mortgages and Notes Pa

Note 8 - Mortgages and Notes Payable	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Line of Credit [Text Block]	8. We have nonrecourse mortgage loans for certain communities totaling $64.5 $82.1 October 31, 2017 2016, 157.8 $201.8 5.3% 4.9% October 31, 2017 2016, $13.0 $14.3 October 31, 2017 2016, 8.9% October 31, 2017 8.8% October 31, 2016. October 31, 2017, October 31 $1.4 2018, $1.5 2019, $1.7 2020, $1.8 2021, $2.0 2022 $4.6 2022. November 1, 2017, In June 2013, five $75.0 The Credit Facility does not 8.0% 2019, 9. not two first October 31, 2017 $52.0 $14.6 October 31, 2016, $52.0 $17.9 October 31, 2017, In addition to the Credit Facility, which matures in 2018, –alone cash collateralized letter of credit agreements and facilities under which there were a total of $1.7 October 31, 2017 2016. October 31, 2017 October 31, 2016, $1.7 Our wholly owned mortgage banking subsidiary, K. Hovnanian American Mortgage, LLC (“K. Hovnanian Mortgage”), originates mortgage loans primarily from the sale of our homes. Such mortgage loans and related servicing rights are sold in the secondary mortgage market within a short period of time. In certain instances, we retain the servicing rights for a small amount of loans. Our secured Master Repurchase Agreement with JPMorgan Chase Bank, N.A. (“Chase Master Repurchase Agreement”), which has a maturity date of July 31, 2018, $50.0 1.24% October 31, 2017, 2.5% 2.63% October 31, 2017 October 31, 2016, $41.5 $44.1 K. Hovnanian Mortgage has another secured Master Repurchase Agreement with Customers Bank (“Customers Master Repurchase Agreement”), which is a short-term borrowing facility that provides up to $50.0 maturity on February 16, 2018. 2.5% 5.25% October 31, 2017 October 31, 2016, $40.7 $38.8 K. Hovnanian Mortgage also has a secured Master Repurchase Agreement with Comerica Bank (“Comerica Master Repurchase Agreement”), which has a maturity date of June 21, 2018. $50.0 0.25%, 2.5%. October 31, 2017 October 31, 2016, $32.4 $29.8 K. Hovnanian Mortgage had a secured Master Repurchase Agreement with Credit Suisse First Boston Mortgage Capital LLC which was a short-term borrowing facility that provided up to $50.0 February 21, 2017. not no October 31, 2017. October 31, 2016, $32.9 The Chase Master Repurchase Agreement, Customers Master Repurchase Agreement and Comerica Master Repurchase Agreement (together, the “Master Repurchase Agreements”) require K. Hovnanian Mortgage to satisfy and maintain specified financial ratios and other financial condition tests. Because of the extremely short period of time mortgages are held by K. Hovnanian Mortgage before the mortgages are sold to investors (generally a period of a few weeks), the immateriality to us on a consolidated basis of the size of the Master Repurchase Agreements, the levels required by these financial covenants, our ability based on our immediately available resources to contribute sufficient capital to cure any default, were such conditions to occur, and our right to cure any conditions of default based on the terms of the applicable agreement, we do not As of October 31, 2017,

Note 9 - Senior Notes and Term

Note 9 - Senior Notes and Term Loan	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Long-term Debt [Text Block]	9. Senior Notes and Term Loan balances as of October 31, 2017 October 31, 2016, (In thousands) October 31, 2017(1)(2) October 31, 2016(1)(2) Senior Secured Term Loan, net of debt issuance costs $ 72,987 $ 72,646 Senior Secured Notes: 7.25% Senior Secured First Lien Notes due October 15, 2020 $ - $ 569,641 10.0% Senior Secured Second Lien Notes due October 15, 2018 (net of discount) - 68,951 9.125% Senior Secured Second Lien Notes due November 15, 2020 - 143,337 9.50% Senior Secured Notes due November 15, 2020 74,350 74,140 2.0% Senior Secured Notes due November 1, 2021 (net of discount) 53,058 53,022 5.0% Senior Secured Notes due November 1, 2021 (net of discount) 133,732 131,998 10.0% Senior Secured Notes due July 15, 2022 434,543 - 10.5% Senior Secured Notes due July 15, 2024 394,953 - Total Senior Secured Notes, net of debt issuance costs $ 1,090,636 $ 1,041,089 Senior Notes: 7.0% Senior Notes due January 15, 2019 $ 131,957 $ 148,800 8.0% Senior Notes due November 1, 2019 234,293 247,348 Total Senior Notes, net of debt issuance costs $ 366,250 $ 396,148 11.0% Senior Amortizing Notes due December 1, 2017, net of debt issuance costs $ 2,045 $ 6,152 Senior Exchangeable Notes due December 1, 2017, net of debt issuance costs $ 53,919 $ 57,298 ( 1 October 31, 2017 October 31, 2016 $41.8 $32.4 ( 2 1, 2015 03 November 2016. 2017 $20.2 October 31, 2016, October 31, 2017 $16.1 As of October 31, 2017, no in thousands Fiscal Year Ended October 31, 2018 $ 56,002 2019 207,546 2020 235,961 2021 75,000 2022 635,000 Thereafter 400,000 Total $ 1,609,509 General Except for K. Hovnanian, the issuer of the notes, our home mortgage subsidiaries, joint ventures and subsidiaries holding interests in our joint ventures and certain of our title insurance subsidiaries, we and each of our subsidiaries are guarantors of the senior secured term loan and senior secured, senior, senior amortizing and senior exchangeable notes outstanding at October 31, 2017 ( 5.0% 2021 “5.0% 2021 2.0% 2021 “2.0% 2021 5.0% 2021 “2021 9.50% 2020 Notes (defined below) collectively with the 2021 not The credit agreement governing the Term Loans (defined below) and the indentures governing the notes outstanding at October 31, 2017 not 9.50% 2020 may not January 15, 2021 ( no February 15, 2021 ( 10.0% 2022 “10.0% 2022 10.5% 2024 “10.5% 2024 7.0% 2019 “7.0% 8.0% 2019 “8.0% 7.0% “2019 may not July 16, 2024)), 2019 10.0% 2022 10.5% 2024 not October 31, 2017, If our consolidated fixed charge coverage ratio, as defined in the agreements governing our debt instruments (other than the senior exchangeable note units discussed below), is less than 2.0 1.0, not 7.625% not Under the terms of our debt agreements, we have the right to make certain redemptions and prepayments and, depending on market conditions and covenant restrictions, may may Any liquidity-enhancing transaction will depend on identifying counterparties, negotiation of documentation and applicable closing conditions and any required approvals. Due to covenant restrictions in our debt instruments, we are currently limited in the amount of debt we can incur that does not Fiscal 2017 During the year ended October 31, 2017, $17.5 7.0% $14.0 8.0% 6,925 enior exchangeable note units representing $6.9 $30.8 $7.8 $0.4 9.50% 2020 “9.50% 2020 fourth 2016 third 2017 On July 27, 2017, K. Hovnanian issued $440.0 10.0% 2022 $400.0 10.5% 2024 $575,912,000 7.25% 2020 “7.25% $87,321,000 9.125% 2020 “9.125% 7.25% 2020 $75,000,000 10.0% 2018 “10.0% 7.25% 9.125% 10.0% 7.25% 9.125% 10.0% October 15, 2017 November 15, 2017 $1,088,000 7.25% $57,679,000 9.125% not 2020 $42.3 The 10.0% 2022 July 15, 2022 10.0% January 15 July 15 January 15, 2018, January 1 July 1, may 10.0% 2022 July 15, 2019 100.0% may 10.0% 2022 105.0% July 15, 2019, 102.50% July 15, 2020 100.0% July 15, 2021. may 35.0% 10.0% 2022 July 15, 2019 110.0% The 10.5% 2024 July 15, 2024 10.5% January 15 July 15 January 15, 2018, January 1 July 1, may 10.5% 2024 July 15, 2020 100.0% may 10.5% 2024 105.25% July 15, 2020, 102.625% July 15, 2021 100.0% July 15, 2022. may 35.0% 10.5% 2024 July 15, 2020 110.50% All of K. Hovnanian ’s obligations under the 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 In connection with the issuance of the 10.0% 2022 10.5% 2024 10.0% 2022 10.5% 2024 The indenture governing the 10.0% 2022 10.5% 2024 July 27, 2017 —General”. Fiscal 2016 On January 15, 2016, $172.7 6.25% 2016 May 15, 2016, $86.5 7.5% 2016 October 11, 2016 ( October 8, 2016), $121.0 8.625% 2017 $126.1 On September 8, 2016, affiliates of H/2 1 $75.0 2 $75.0 10.0% 2017” 3 $75.0 9.125% $75.0 9.50% 2020 $146.3 The Term Loan Facility has a maturity of August 1, 2019 ( ’s 7.0% 2019 “7.0% October 15, 2018, October 15, 2018, 7.0% January 15, 2021, October 15, 2018) 7.0% 6.0%, September 8, 2018, may February 1, 2019 1.0% February 1, 2019 The 9.50% 2020 November 15, 2020, 9.50% February 15 August 15 February 1 August 1, may 9.50% 2020 November 15, 2018 100% November 15, 2018, may 9.50% 2020 100% may 35% 9.50% 2020 November 15, 2018 109.50% All of K. Hovnanian ’s obligations under the Term Loan Facility are guaranteed by the Notes Guarantors. The Term Loan Facility and the guarantees thereof are secured, subject to permitted liens and other exceptions, on a first 10.0% 2022 10.5% 2024 first first 9.50% 2020 first 2021 At October 31, 2017, property that constituted collateral securing the Term Loans was $419.9 not may $381.1 October 31, 2017, $1.7 Other Secured Obligations On November 1, 2011, K. Hovnanian issued $141.8 5.0% 2021 $53.2 2.0% 2021 5.0% 2021 2.0% 2021 2021 100.0% 1% The guarantees of the JV Holdings Secured Group with respect to the 2021 9.50% 2020 first October 31, 2017, 1 $84.3 2 128.9 not may 3 $88.2 October 31, 2017; not not 2021 not Senior Notes K. Hovnanian ’s 7.0% 101.75% January 15, 2017 100.0% January 15, 2018. K. Hovnanian ’s 8.0% August 1, 2019 100.0% August 1, 2019, may 100.0% Units On October 2, 2012, $100,000,000 6.0% 100,000 Each $1,000 1 zero December 1, 2017 ( no $768.51 $1,000 2 December 1, 2017 ( $231.49 11.0% December 1, 2017. may may Each Senior Exchangeable Note had an initial principal amount of $768.51 $1,000 5.17% may 5:00 December 1, 2017. 185.5288 $1,000 $5.39 October 31, 2017, 18,305 3.4 first 2013. September 2016, 20,823 $20.6 November 2016, 6,925 $6.9 October 31, 2017, 2017”. On each June 1 December 1 ( $30.00 June 1, 2013 $39.83 6.0% $1,000 Each installment will constitute a payment of interest (at a rate of 11.0%

Note 10 - Operating and Reporti

Note 10 - Operating and Reporting Segments	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	10. Our operating segments are components of our business for which discrete financial information is available and reviewed regularly by the chief operating decision maker, our Chief Executive Officer, to evaluate performance and make operating decisions. Based on this criteria, each of our communities qualifies as an operating segment, and therefore, it is impractical to provide segment disclosures for this many segments. As such, we have aggregated the homebuilding operating segments into six Our homebuilding operating segments are aggregated into reportable segments based primarily upon geographic proximity, similar regulatory environments, land acquisition characteristics and similar methods used to construct and sell homes. Our reportable segments consist of the following six 2016, third 2016, Homebuilding: ( 1 Northeast (New Jersey and Pennsylvania) ( 2 Mid-Atlantic (Delaware, Maryland, Virginia, Washington D.C. and West Virginia) ( 3 Midwest (Illinois and Ohio) ( 4 Southeast (Florida, Georgia and South Carolina) ( 5 Southwest (Arizona and Texas) ( 6 West (California) Financial Services Operations of the Company ’s Homebuilding segments primarily include the sale and construction of single-family attached and detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments. In addition, from time to time, operations of the homebuilding segments include sales of land. Operations of the Company’s Financial Services segment include mortgage banking and title services provided to the homebuilding operations’ customers. We do not Corporate and unallocated primarily represents operations at our headquarters in Red Bank, New Jersey. This includes our executive offices, information services, human resources, corporate accounting, training, treasury, process redesign, internal audit, construction services, and administration of insurance, quality and safety. It also includes interest income and interest expense resulting from interest incurred that cannot be capitalized in inventory in the Homebuilding segments, as well as the gains or losses on extinguishment of debt from any debt repurchases or exchanges. Evaluation of segment performance is based primarily on operating earnings from continuing operations before provision for income taxes (“Income (loss) before income taxes”). Income (loss) before income taxes for the Homebuilding segments consist of revenues generated from the sales of homes and land, income (loss) from unconsolidated entities, management fees and other income, less the cost of homes and land sold, selling, general and administrative expenses and interest expense. Income before income taxes for the Financial Services segment consist of revenues generated from mortgage financing, title insurance and closing services, less the cost of such services and selling, general and administrative expenses incurred by the Financial Services segment. Operational results of each segment are not Financial information relating to the Company ’s segment operations was as follows: Year Ended October 31, (In thousands) 2017 2016 2015 Revenues: Northeast $ 209,509 $ 278,028 $ 189,497 Mid-Atlantic 464,126 458,579 399,500 Midwest 199,770 311,322 311,449 Southeast 260,402 260,584 207,662 Southwest 827,503 1,028,529 823,853 West 430,546 342,447 159,969 Total homebuilding 2,391,856 2,679,489 2,091,930 Financial services 58,743 72,617 56,665 Corporate and unallocated 1,066 141 (115 ) Total revenues $ 2,451,665 $ 2,752,247 $ 2,148,480 (Loss) income before income taxes: Northeast $ 2,300 $ (3,869 ) $ (7,742 ) Mid-Atlantic 17,191 17,476 21,431 Midwest (1,151 ) (11,416 ) 14,012 Southeast (6,199 ) (17,791 ) (6,330 ) Southwest 71,540 84,424 67,437 West 19,636 3,445 (17,145 ) Total homebuilding 103,317 72,269 71,663 Financial services 26,397 35,473 24,693 Corporate and unallocated (1) (174,958 ) (105,306 ) (118,121 ) (Loss) income before income taxes $ (45,244 ) $ 2,436 $ (21,765 ) ( 1 October 31, 2017 $59.4 $69.1 $34.9 $12.5 16 $0.9 Corporate and unallocated for the year ended October 31, 2016 $60.1 $50.4 $3.2 9.2 16 $0.8 October 31, 2015 $62.5 $64.5 14.4 16 $5.5 October 31, (In thousands) 2017 2016 Assets: Northeast $ 180,545 $ 219,363 Mid-Atlantic 224,398 292,899 Midwest 84,960 111,596 Southeast 231,644 226,124 Southwest 294,337 341,472 West 175,347 269,400 Total homebuilding 1,191,231 1,460,854 Financial services 162,113 197,230 Corporate and unallocated (1) 547,554 696,872 Total assets $ 1,900,898 $ 2,354,956 ( 1 Includes $283.6 deferred tax assets in fiscal 2016 . October 31, (In thousands) 2017 2016 Investments in and advances to unconsolidated joint ventures: Northeast $ 36,411 $ 28,115 Mid-Atlantic 20,873 22,407 Midwest 4,268 5,516 Southeast 36,320 22,876 Southwest 11,832 3,625 West 4,451 17,547 Total homebuilding 114,155 100,086 Corporate and unallocated 935 416 Total investments in and advances to unconsolidated joint ventures $ 115,090 $ 100,502 Year Ended October 31, (In thousands) 2017 2016 2015 Homebuilding interest expense: Northeast $ 20,308 $ 19,417 $ 14,150 Mid-Atlantic 23,886 23,662 16,268 Midwest 7,799 12,275 10,405 Southeast 13,646 16,770 9,552 Southwest 25,278 37,552 26,147 West 25,799 23,295 10,381 Total homebuilding 116,716 132,971 86,903 Corporate and unallocated 69,124 50,387 64,545 Financial services interest expense (1) (630 ) (763 ) (1,066 ) Total interest expense, net $ 185,210 $ 182,595 $ 150,382 ( 1 Financial services interest expenses are included in the Financial services lines on the Consolidated Statements of Operations in the respective revenues and expenses sections. Year Ended October 31, (In thousands) 2017 2016 2015 Depreciation: Northeast $ 71 $ 62 $ 136 Mid-Atlantic 50 56 28 Midwest 858 497 361 Southeast 83 82 40 Southwest 78 104 89 West 94 92 79 Total homebuilding 1,234 893 733 Financial services 16 41 47 Corporate and unallocated 2,999 2,631 2,608 Total depreciation $ 4,249 $ 3,565 $ 3,388 Year Ended October 31, (In thousands) 2017 2016 2015 Net additions to operating properties and equipment: Northeast $ 442 $ 78 $ - Mid-Atlantic 71 208 58 Midwest 3,773 3,180 637 Southeast 28 233 227 Southwest 18 199 173 West 80 91 88 Total homebuilding 4,412 3,989 1,183 Financial services - 30 - Corporate and unallocated 2,066 3,988 871 Total net additions to operating properties and equipment $ 6,478 $ 8,007 $ 2,054 Year Ended October 31, (In thousands) 2017 2016 2015 Equity in (losses) earnings from unconsolidated joint ventures: Northeast $ (4,376 ) $ (2,639 ) $ 856 Mid-Atlantic 1,180 (27 ) 4,502 Midwest (1,424 ) (1,304 ) (105 ) Southeast 837 (1,774 ) 1,213 Southwest (306 ) (64 ) - West (2,958 ) 1,462 (2,297 ) Total equity in (losses) earnings from unconsolidated joint ventures $ (7,047 ) $ (4,346 ) $ 4,169

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	11. Income taxes payable (receivable), including deferred benefits, consists of the following: Year Ended October 31, (In thousands) 2017 2016 State income taxes: Current $ 2,227 $ 1,945 Deferred - (9,890 ) Federal income taxes: Current - - Deferred - (275,688 ) Total $ 2,227 $ (283,633 ) The provision for income taxes is composed of the following charges (benefits): Year Ended October 31, (In thousands) 2017 2016 2015 Current income tax expense (benefit): Federal (1) $ - $ (2,796 ) $ (1,497 ) State (2) 1,371 1,200 523 Total current income tax expense (benefit): 1,371 (1,596 ) (974 ) Federal 275,688 5,594 (8,461 ) State 9,890 1,257 3,770 Total deferred income tax expense (benefit): 285,578 6,851 (4,691 ) Total $ 286,949 $ 5,255 $ (5,665 ) ( 1 The current federal income tax did not October 31, 2017. benefit is net of the use of federal net operating losses totaling $4.4 $3.7 October 31, 2016 2015, ( 2 The current state income tax expense (benefit) is net of the use of state net operating losses totaling $18.2 $16.4 $12.3 October 31, 2017, 2016 2015, The total income tax expense of $286.9 October 31, 2017 not $5.3 October 31, 2016 2002. $5.7 year ended October 31, 2015 The permanent difference in fiscal 2016 ’s W- 2 not 2. 2016 ten 2016, 2016. The federal specified liability loss refund of taxes in fiscal year 2002 ’s tax return. The Internal Revenue Service issued the refund following the Company’s application therefor during the year ended October 31, 2016. 2012 172 1 ten October 31, 2002. February 2016 second 2016. Our federal net operating losses of $1.6 2028 2037. $2.3 2018 2037. $247.1 2018 2022; $463.1 2023 2027; $1.2 2028 2032; $348.6 2033 2037. Deferred federal and state income tax assets primarily represent the deferred tax benefits arising from net operating loss carryforwards and temporary differences between book and tax income which will be recognized in future years as an offset against future taxable income. If the combination of future years ’ income (or loss) and the reversal of the timing differences results in a loss, such losses can be carried forward to future years. In accordance with ASC 740, 740 not” As of October 31, 2017, 740. not not $918.2 October 31, 2017 1. Fiscal 2017 $50.2 third 2017 $42.3 three July 31, 2017, three October 31, 2017. 740, one 2. In the third 2017, 3. Recent financial results of $12.3 fourth 2017. 4. The refinancing discussed above will increase our interest incurred in fiscal 2018 $23.4 5. We incurred pre-tax losses during the housing market decline and the slower than expected housing market recovery. (Negative Objective Evidence) 6. We exited two two 7. Evidence of a sustained recovery in the housing markets in which we operate, supported by economic data showing housing starts, homebuilding volume and prices all increasing and forecasted to continue to increase. (Positive Subjective Evidence) 8. The historical cyclicality of the U.S. housing market, a more restrictive mortgage lending environment compared to before the housing downturn, the uncertainty of the overall US economy and government policies and consumer confidence, all or any of which could continue to hamper a faster, stronger recovery of the housing market. (Negative Subjective Evidence) The deferred tax assets and liabilities have been recognized in the Consolidated Balance Sheets as follows: Year Ended October 31, (In thousands) 2017 2016 Deferred tax assets: Depreciation $ 246 $ 1,729 Inventory impairment loss 122,584 174,489 Uniform capitalization of overhead 5,766 6,802 Warranty and legal reserves 8,763 13,238 Deferred income 2,341 5,061 Acquisition intangibles 4,420 8,829 Restricted stock bonus 4,202 4,526 Rent on abandoned space 101 1,006 Stock options 6,539 7,073 Provision for losses 38,831 34,505 Joint venture loss 12,028 4,171 Federal net operating losses 549,862 520,117 State net operating losses 172,307 170,014 Other 20,678 22,862 Total deferred tax assets 948,668 974,422 Deferred tax liabilities: Debt repurchase income 30,465 60,901 Total deferred tax liabilities 30,465 60,901 Valuation allowance (918,203 ) (627,943 ) Net deferred income taxes $ - $ 285,578 The effective tax rate varied from the statutory federal income tax rate. The effective tax rate is affected by a number of factors, the most significant of which has been the valuation allowance related to our deferred tax assets. Due to the effects of these factors, our effective tax rates for 2017, 2016 2015 not Year Ended October 31, 2017 2016 2015 Computed “expected” tax rate 35.0 % 35.0 % 35.0 % State income taxes, net of federal income tax benefit 1.0 65.4 (15.6 ) Permanent differences, net (2.4 ) 222.2 (0.4 ) Deferred tax asset valuation allowance impact (667.8 ) - - Tax contingencies - 0.3 3.2 Adjustments to prior years ’ tax accruals(1) - (107.2 ) 3.8 Effective tax rate (634.2 )% 215.7 % 26.0 % ( 1 The adjustments to prior years ’ tax accruals includes the impact of a federal specified liability loss refund of taxes paid in fiscal year 2002 114.8% October 31, 2016. ASC 740 10 may not Income tax positions must meet a more-likely-than- not 740 10 We recognize tax liabilities in accordance with ASC 740 10 not may We recognize interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying consolidated statement of operations. Accrued interest and penalties are included within the related tax liability line in the consolidated balance sheet. The following is a tabular reconciliation of the total amount of unrecognized tax benefits for the year (in millions) excluding interest and penalties: Year Ended October 31, 2017 2016 Unrecognized tax benefit —November 1, $ 1.1 $ 1.1 Gross increases —tax positions in current period 0.2 0.2 Decrease related to tax positions taken during a prior period - - Lapse of statute of limitations (0.2 ) (0.2 ) Unrecognized tax benefit —October 31, $ 1.1 $ 1.1 Related to the unrecognized tax benefits noted above, as of October 31, 2017 2016, $0.3 $0.3 October 31, 2017, 2016 2015, 45 2 91 It is likely that, within the next year, the amount of the Company's unrecognized tax benefits will decrease by $0.2 $1.1 October 31, 2017 2016. The consolidated federal tax returns have been audited through October 31, 2016 To provide for potential exposures, tax reserves are recorded, if applicable, based on reasonable estimates of potential audit results. However, if the reserves are insufficient upon completion of an audit, there could be an adverse impact on our financial position and results of operations. The statute of limitations for our major tax jurisdictions remains open for examination for tax years 2013 2016.

Note 12 - Reduction of Inventor

Note 12 - Reduction of Inventory to Fair Value	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Inventory Impairments and Land Option Cost Write-offs [Text Block]	12. Reduction of Inventory to Fair Value We record impairment losses on inventories related to communities under development and held for future development when events and circumstances indicate that they may If the expected undiscounted cash flows are less than the carrying amount, then the community is written down to its fair value. We estimate the fair value of each impaired community by determining the present value of the estimated future cash flows at a discount rate commensurate with the risk of the respective community. For the years ended October 31, 2017, 2016 2015, 18.3% 19.8%, 16.8% 18.8% 17.3% 19.8%, may During the years ended October 31, 2017 2016, 372 413 October 31, 2017 2016 12 30 $98.0 $125.4 October 31, 2017 2016 one October 31, 2017 2016, two nine $45.0 $43.5 20%. $15.1 $24.5 $7.3 October 31, 2017, 2016 2015, Impairments decreased for the year ended October 31, 2017 October 31, 2016 The pre-impairment value represents the carrying value, net of prior period impairments, if any, at the time of recording the impairment. The following table represents impairments by segment for fiscal 2017, 2016 2015: (Dollars in millions) Year Ended October 31, 2017 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 2 $ 3.3 $ 22.2 Mid-Atlantic 1 1.5 8.5 Midwest 2 0.2 0.8 Southeast 3 8.1 18.3 Southwest - - - West 2 2.0 3.1 Total 10 $ 15.1 $ 52.9 (Dollars in millions) Year Ended October 31, 2016 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 5 $ 9.5 $ 33.8 Mid-Atlantic - - - Midwest 12 13.5 43.7 Southeast 3 1.5 10.9 Southwest - - - West - - - Total 20 $ 24.5 $ 88.4 (Dollars in millions) Year Ended October 31, 2015 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 2 $ 0.8 $ 0.9 Mid-Atlantic 1 0.9 2.5 Midwest 4 1.3 8.4 Southeast 4 2.5 10.1 Southwest - - - West 1 1.8 7.5 Total 12 $ 7.3 $ 29.4 ( 1 Represents carrying value, net of prior period impairments, if any, at the time of recording the applicable period ’s impairments. The Consolidated Statements of Operations line entitled “Homebuilding: Inventory impairment loss and land option write-offs” also includes write-offs of options and approval, engineering and capitalized interest costs that we record when we redesign communities and/or abandon certain engineering costs and we do not ’ pro forma profitability is not $2.7 $8.9 $4.7 October 31, 2017, 2016 2015, not The following table represents write-offs of such costs by segment for fiscal 2017, 2016 2015: Year Ended October 31, (In millions) 2017 2016 2015 Northeast $ 0.5 $ 1.6 $ 0.9 Mid-Atlantic 0.6 0.8 0.2 Midwest 0.3 1.3 0.6 Southeast 0.8 1.8 1.3 Southwest 0.4 3.2 1.4 West 0.1 0.2 0.3 Total $ 2.7 $ 8.9 $ 4.7

Note 13 - Per Share Calculation

Note 13 - Per Share Calculations	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	13. Basic earnings per share is computed by dividing net income (loss) (the “numerator”) by the weighted-average number of common shares outstanding, adjusted for nonvested shares of restricted stock (the “denominator”) for the period. Computing diluted earnings per share is similar to computing basic earnings per share, except that the denominator is increased to include the dilutive effects of options and nonvested shares of restricted stock, as well as common shares issuable upon exchange of our Senior Exchangeable Notes issued as part of our Units. Any options that have an exercise price greater than the average market price are considered to be anti-dilutive and are excluded from the diluted earnings per share calculation. All outstanding nonvested shares that contain nonforfeitable rights to dividends or dividend equivalents that participate in undistributed earnings with common stock are considered participating securities and are included in computing earnings per share pursuant to the two two ’s restricted common stock (“nonvested shares”) are considered participating securities. Incremental shares attributed to nonvested stock and outstanding options to purchase common stock of 2.7 0.2 October 31, 2017 2015 not October 31, 2017, 2016 2015, 10.0 14.6 15.2 2012 In addition, shares related to out-of-the money stock options that could potentially dilute basic earnings per share in the future that were not 4.6 7.3 3.0 October 31, 2017, 2016 2015,

Note 14 - Capital Stock

Note 14 - Capital Stock	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	14. Common Stock - Each share of Class A Common Stock entitles its holder to one ten 110% one one On August 4, 2008, 382 382. 382 5% 50 382. one August 15, 2008. August 15, 2008, 4.9% 4.9% may August 15, 2018, December 5, 2008. December 5, 2008, 382 5% 5% 5% 5% 5% On July 3, 2001, 4 There were no October 31, 2017. October 31, 2017, may 0.5 Preferred Stock - On July 12, 2005, 5,600 7.625% $25,000 not 7.625%. not 1/1000th 2017, 2016 2015, not not Retirement Plan - We have established a tax-qualified, defined contribution savings and investment retirement plan (a 401 $6.8 $6.6 $6.2 October 31, 2017, 2016 2015,

Note 15 - Stock Plans

Note 15 - Stock Plans	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	15. The fair value of option awards is established at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions for the years ended October 31, 2017, 2016 2015: 2.05%, 1.38% 2.03%, 0.53, 0.61 0.58, 7.64 7.36 7.22 9.92%, 10.90% 8.84%, For the years ended October 31, 2017, 2016 2015, $0.6 $2.9 $2.3 $8.8 $6.5 $0.5 October 31, 2017, $1.5 October 31, 2016, $2.2 October 31, 2015. 2017 $2.0 no $2.1 October 31, 2017. T he fiscal 2016 $2.1 no $0.5 , during the year ended October 31, 2016. We have a stock incentive plan for certain officers and key employees and directors. Options are granted by a committee appointed by the Board of Directors or its delegate in accordance with the stock incentive plan. The exercise price of all stock options must be at least equal to the fair market value of the underlying shares on the date of the grant. Stock options granted to officers and associates generally vest in four fourth fifth 10 October 31, 2017, five two three second third October 31, 2017 Weighted-Average Exercise Price October 31, 2016 Weighted-Average Exercise Price October 31, 2015 Weighted-Average Exercise Price Options outstanding at beginning of period 7,373,951 $ 4.03 6,393,876 $ 4.78 6,720,251 $ 5.23 Granted 236,250 $ 2.34 1,148,481 $ 1.95 173,750 $ 2.47 Exercised 48,250 $ 2.07 - $ - 18,125 $ 2.48 Forfeited 452,375 $ 5.85 51,125 $ 2.73 203,436 $ 3.78 Expired 248,875 $ 16.68 117,281 $ 25.05 278,564 $ 15.04 Options outstanding at end of period 6,860,701 $ 3.40 7,373,951 $ 4.03 6,393,876 $ 4.78 Options exercisable at end of period 5,259,011 5,071,181 4,566,290 The total intrinsic value of options exercised during fiscal 2017 2015 $12 $15 October 31, 2016, no October 31, 2017 $1.54 $6.46. The weighted-average fair value of grants made in fiscal 2017, 2016 2015 $1.33, $1.00 $1.47 2017, 2016 2015 $2.60, $2.55 $2.78 The following table summarizes the exercise price range and related number of options outstanding at October 31, 2017: Number Weighted- Average Weighted- Average Remaining Contractual Range of Exercise Prices Outstanding Exercise Price Life $1.54 – $2.41 2,320,409 $ 2.01 6.71 $2.42 – $4.41 2,496,542 $ 2.84 3.26 $4.42 – $6.46 2,043,750 $ 5.70 2.57 6,860,701 $ 3.41 4.22 The following table summarizes the exercise price range and related number of exercisable options at October 31, 2017: Number Weighted- Average Weighted- Average Remaining Contractual Range of Exercise Prices Exercisable Exercise Price Life $1.54 – $2.41 1,003,714 $ 2.00 4.02 $2.42 – $4.41 2,322,797 $ 2.77 2.96 $4.42 – $6.46 1,932,500 $ 5.66 2.40 5,259,011 $ 3.69 2.96 Officers and key associates who are eligible to receive equity grants may four fourth fifth Participants aged 60 58 15 one October 31, 2017, 2016 2015, 366,513 298,388 456,070 356,382 1,018,558 155,433 101,218, 176,944 97,854 October 31, 2017, 2016 2015, 452,500, 33,125 5,811 For the years ended October 31, 2017, 2016 2015 $21 $4.3 $6.5 312,419, 224,326 538,892 October 31, 2017, 2016 2015, A summary of the Company ’s nonvested share awards as of and for the year ended October 31, 2017, Shares Weighted-Average Grant Date Fair Value Nonvested at beginning of period 7,239,469 $ 2.80 Granted 1,233,700 $ 2.56 Vested 1,216,359 $ 4.92 Forfeited 1,082,333 $ 2.59 Nonvested at end of period 6,174,477 $ 2.36 Included in the above table are awards for the share portion of long-term incentive plans (“LTIPs”) for certain officers and associates, which are performance based plans. This includes 2.4 2016 2016 duced from 2.8 2017 $2.0 fourth 2017. Also included in the table above are 2.7 850,000 780,000 2017 2016, 700,000 400,000 2015 2014 25,000 200,000, 2017, first second not only a portion of the shares were vested, resulting in the reversal of $1.2 34,355 48,032 2017. four second may 0% 175% 60 fifty four first January 1 st , three January 1, 2020 2017 third no 1 2017 2016 25% 25% second 2019 2017 2 2015 second 2017 2015 2015 The fair value of the MSU grants is determined using the Monte-Carlo simulation model, which simulates a range of possible future stock prices and estimates the probabilities of the potential payouts. This model uses the average closing trading price of the Company ’s Class A Common Stock on the New York Stock Exchange over the 60 ● The expected volatility is based on our stock ’s historical volatility commensurate with the life 2 2.5 3 4 5 ● The risk-free interest rate is based on the U.S. Treasury rate assumption ranging from 2 5 ● The expected dividend yield is not not The following assumptions were used for 2017 57.93%, 54.61%, 52.66%, 48.85% 50.78% 2 2.6 3 4 5 1.35%, 1.43%, 1.49%, 1.63% 1.76% zero 2016 56.50%, 52.77%, 50.34%, 52.36% 61.08% 2 2.5 3 4 5 0.73%, 0.81%, 0.87%, 1.02% 1.17% zero 2015 38.28%, 42.01%, 45.73%, 59.08% 57.77% 2 2.5 3 4 5 0.74%, 0.95%, 1.12%, 1.44% 1.75% zero As of October 31, 2017, 7.2 October 31, 2017, $3.5 1.44

Note 16 - Warranty Costs

Note 16 - Warranty Costs	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	16. General liability insurance for homebuilding companies and their suppliers and subcontractors is very difficult to obtain. The availability of general liability insurance is limited due to a decreased number of insurance companies willing to underwrite for the industry. In addition, those few insurers willing to underwrite liability insurance have significantly increased the premium costs. To date, we have been able to obtain general liability insurance but at higher premium costs with higher deductibles. Our subcontractors and suppliers have advised us that they have also had difficulty obtaining insurance that also provides us coverage. As a result, we have an owner controlled insurance program for certain of our subcontractors whereby the subcontractors pay us an insurance premium (through a reduction of amounts we would otherwise owe such subcontractors for their work on our homes) based on the risk type of the trade. We absorb the liability associated with their work on our homes as part of our overall general liability insurance at no October 31, 2017 2016, $4.1 $4.2 We accrue for warranty costs that are covered under our existing general liability and construction defect policy as part of our general liability insurance deductible. This accrual is expensed as selling, general and administrative costs. For homes delivered in fiscal 2017 2016, $20 2017 2016 $0.25 $5 2017 2016 $21 not October 31, 2017 2016 Year Ended October 31, (In thousands) 2017 2016 Balance, beginning of period $ 121,144 $ 135,053 Additions – Selling, general and administrative 10,870 17,363 Additions – Cost of sales 15,835 17,397 Charges incurred during the period (28,019 ) (29,965 ) Changes to pre-existing reserves 7,872 (9,199 ) Changes to reserves where corresponding amounts are recorded as receivables from insurance carriers - (9,505 ) Balance, end of period $ 127,702 $ 121,144 Warranty accruals are based upon historical experience. We engage a third not fourth 2017, $12.5 $4.6 fourth 2017 fourth 2016 $9.2 fourth 2016. Insurance claims paid by our insurance carriers, excluding insurance deductibles paid, were $0.9 $4.0 October 31, 2017 2016, 2016, two

Note 17 - Transactions With Rel

Note 17 - Transactions With Related Parties	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	17. During the years ended October 31, 2017, 2016 2015, our Chairman of the Board and one $0.8 $1.0 $1.2 Mr. Carson Sorsby, the son of J. Larry Sorsby, one ’s mortgage subsidiary and his total commissions from the Company’s mortgage affiliate totaled approximately $191,000, $152,000 $129,000 2017, 2016 2015, Mr. Alexander Hovnanian, the son of Ara K. Hovnanian, our Chairman of the Board and one ’s Hudson/North Jersey Area and his total compensation was approximately $336,000 $166,000 2017 2016,

Note 18 - Commitments and Conti

Note 18 - Commitments and Contingent Liabilities	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	18. We are involved in litigation arising in the ordinary course of business, none lations that affect the development of land and home building, sales and customer financing processes, including zoning, density, building standards and mortgage financing. These laws and regulations often provide broad discretion to the administering governmental authorities. This can delay or increase the cost of development or homebuilding. We also are subject to a variety of local, state, federal and foreign laws and regulations concerning protection of health and the environment, including those regu lating the emission or discharge of materials into the environment, the management of storm water runoff at construction sites, the handling, use, storage and disposal of hazardous substances, impacts to wetlands and other sensitive environments, and the remediation of contamination at properties that we have owned or developed or currently own or are developing (“environmental laws”). The particular environmental laws that apply to a site may may may may We anticipate that increasingly stringent requirements will be imposed on developers and homebuilders in the future. For example, for a number of years, the EPA and U.S. Army Corps of Engineers have been engaged in rulemakings to clarify the scope of federally regulated wetlands, which included a June 2015 June 2017 June 2015 may may may In March 2013, EPA”) requesting information about our involvement in a housing redevelopment project in Newark, New Jersey that a Company entity undertook during the 1990s. August 2013, not may not April 2014 March 2017 The Grandview at Riverwalk Port Imperial Condominium Association, Inc. (the “Grandview Plaintiff”) filed a construction defect lawsuit against Hovnanian Enterprises, Inc. and several of its affiliates, including K. Hovnanian at Port Imperial Urban Renewal II, LLC, K. Hovnanian Construction Management, Inc., K. Hovnanian Companies, LLC, K. Hovnanian Enterprises, Inc., K. Hovnanian North East, Inc. aka and/or dba K. Hovnanian Companies North East, Inc., K. Hovnanian Construction II, Inc., K. Hovnanian Cooperative, Inc., K. Hovnanian Developments of New Jersey, Inc., and K. Hovnanian Holdings NJ, LLC, as well as the project architect, the geotechnical engineers and various construction contractors for the project alleging various construction defects, design defects and geotechnical issues totaling approximately $41.3 1 2 Plaintiff further alleged that Hovnanian Enterprises, Inc., K. Hovnanian Holdings NJ, LLC, K. Hovnanian Developments of New Jersey, Inc., and K. Hovnanian Developments of New Jersey II, Inc. were jointly liable for any damages owed by the Hovnanian development entity under a veil piercing theory. The parties reached a settlement on the construction defe ct issues prior to trial, but attempts to settle the subsidence, building classification issue and Consumer Fraud Act claims were unsuccessful. The trial commenced on April 17, 2017 third June 1, 2017, $3 $9 three 1 2 3 October 27, 2017, November 18, 2017, $1.8 Plaintiff out of the approximately $4.8 Once a final judgment is entered, the relevan t Hovnanian-affiliated defendants intend to appeal all aspects of the verdict against them. With respect to this case, depending on the outcome of all appeals, the range of loss is between $0 $10.8 may In 2014, Plaintiff”) filed a lawsuit in the Superior Court of New Jersey, Law Division, Hudson County (the “Court”) alleging various construction defects, design defects, and geotechnical issues relating to the building along with a claim for piercing the corporate veil as to certain defendants. The operative complaint (“Complaint”) brought claims against Hovnanian Enterprises, Inc. and several of its affiliates, including K. Hovnanian at Port Imperial Urban Renewal III, LLC, PI Investments I, LLC, K. Hovnanian Investments, LLC, K. Hovnanian Homes ( not $69 $79 December 7, 2017, December 14, 2017, October 31, 2017, December 15, 2017, On December 21, 2016, June 13, 2014 June 10, 2016 On December 18, 2017, Pursuant to the settlement agreement, which remains subject to approval by the Chancery Court, the Company will submit for stockholder approval at the next Annual Meeting of Stockholders a resolution to amend the Company’s Certificate of Incorporation to affirm that in the event of a merger, consolidation, acquisition, tender offer, recapitalization, reorganization or other business combination, the same consideration will be provided for shares of Class A Common Stock and Class B Common Stock unless different treatment of the shares of each such class is approved separately by a majority of each class. The Company has also agreed to implement certain operational and corporate governance measures regarding the granting of equity awards in Class B Common Stock and, further, that it will not $275,000,

Note 19 - Variable Interest Ent

Note 19 - Variable Interest Entities	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Variable Interest Entity Disclosure [Text Block]	19. The Company enters into land and lot option purchase contracts to procure land or lots for the construction of homes. Under these contracts, the Company will fund a stated deposit in consideration for the right, but not not Under the requirements of ASC 810, may In compliance with ASC 810, not 810 October 31, 2017 2016, not We will continue to secure land and lots using options, some of which are with VIEs. Including deposits on our unconsolidated VIEs, at October 31, 2017, $57.1 $1.0 not

Note 20 - Investments in Uncons

Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	20. We enter into homebuilding and land development joint ventures from time to time as a means of accessing lot positions, expanding our market opportunities, establishing strategic alliances, managing our risk profile, leveraging our capital base and enhancing returns on capital. Our homebuilding joint ventures are generally entered into with third third ’s members or other third In November 2015, 25.7 third 2016, eight one 29.8 During the first 2017, one three $11.2 The tables set forth below summarize the combined financial information related to our unconsolidated homebuilding and land development joint ventures that are accounted for under the equity method. October 31, 2017 (Dollars in thousands) Homebuilding Land Development Total Assets: Cash and cash equivalents $ 60,580 $ 194 $ 60,774 Inventories 666,017 9,162 675,179 Other assets 36,026 - 36,026 Total assets $ 762,623 $ 9,356 $ 771,979 Liabilities and equity: Accounts payable and accrued liabilities $ 121,646 $ 429 $ 122,075 Notes payable 330,642 - 330,642 Total liabilities 452,288 429 452,717 Equity of: Hovnanian Enterprises, Inc. 88,884 3,746 92,630 Others 221,451 5,181 226,632 Total equity 310,335 8,927 319,262 Total liabilities and equity $ 762,623 $ 9,356 $ 771,979 Debt to capitalization ratio 52 % 0 % 51 % October 31, 2016 (Dollars in thousands) Homebuilding Land Development Total Assets: Cash and cash equivalents $ 48,542 $ 1,478 $ 50,020 Inventories 516,947 11,010 527,957 Other assets 25,865 - 25,865 Total assets $ 591,354 $ 12,488 $ 603,842 Liabilities and equity: Accounts payable and accrued liabilities $ 72,302 $ 1,812 $ 74,114 Notes payable 214,911 2,261 217,172 Total liabilities 287,213 4,073 291,286 Equity of: Hovnanian Enterprises, Inc. 88,379 3,220 91,599 Others 215,762 5,195 220,957 Total equity 304,141 8,415 312,556 Total liabilities and equity $ 591,354 $ 12,488 $ 603,842 Debt to capitalization ratio 41 % 21 % 41 % As of October 31, 2017 2016, $22.4 $8.9 On our Consolidated Balance Sheets, our “Investments in and advances to unconsolidated joint ventures” amounted to $115.1 $100.5 October 31, 2017 2016, 2017, $2.8 For The Year Ended October 31, 2017 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 312,164 $ 5,685 $ 317,849 Cost of sales and expenses (324,514 ) (4,633 ) (329,147 ) Joint venture net (loss) income $ (12,350 ) $ 1,052 $ (11,298 ) Our share of net (loss) income $ (7,189 ) $ 526 $ (6,663 ) For The Year Ended October 31, 2016 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 141,418 $ 6,299 $ 147,717 Cost of sales and expenses (159,431 ) (6,103 ) (165,534 ) Joint venture net (loss) income $ (18,013 ) $ 196 $ (17,817 ) Our share of net (loss) income $ (4,424 ) $ 98 $ (4,326 ) For The Year Ended October 31, 2015 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 122,192 $ 6,782 $ 128,974 Cost of sales and expenses (125,652 ) (6,518 ) (132,170 ) Joint venture net (loss) income $ (3,460 ) $ 264 $ (3,196 ) Our share of net income $ 4,087 $ 132 $ 4,219 “(Loss) income from unconsolidated joint ventures” is reflected as a separate line in the accompanying Consolidated Statements of Operations and reflects our proportionate share of the income or loss of these unconsolidated homebuilding and land development joint ventures. The difference between our share of the income or loss from these unconsolidated joint ventures in the tables above compared to the Consolidated Statements of Operations is due primarily to the reclassification of the intercompany portion of management fee income from certain joint ventures and the deferral of income for lots purchased by us from certain joint ventures. To compensate us for the administrative services we provide as the manager of certain joint ventures we receive a management fee based on a percentage of the applicable joint venture’s revenues. These management fees, which totaled $11.3 $5.8 $5.2 October 31, 2017, 2016 2015, In determining whether or not In most cases, the presumption is overcome because the joint venture agreements require that both partners agree on establishing the operations and capital decisions of the partnership, including budgets in the ordinary course of business. Typically, our unconsolidated joint ventures obtain separate project specific mortgage financing. The amount of financing is generally targeted to be no 50% 51%. 810 10 not not

Note 21 - Fair Value of Financi

Note 21 - Fair Value of Financial Instruments	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	21. ASC 820, Level 1: Fair value determined based on quoted prices in active markets for identical assets. Level 2: Fair value determined using significant other observable inputs. Level 3: Fair value determined using significant unobservable inputs. Our financial instruments measured at fair value on a recurring basis are summarized below: (In thousands) Fair Value Hierarchy Fair Value at October 31, 2017 Fair Value at October 31, 2016 Mortgage loans held for sale (1) Level 2 $ 132,424 $ 165,077 Interest rate lock commitments Level 2 (14 ) (80 ) Forward contracts Level 2 15 86 Total $ 132,425 $ 165,083 ( 1 The aggregate unpaid principal balance was $128.4 $149.4 October 31, 2017 2016, We elected the fair value option for our loans held for sale for mortgage loans originated subsequent to October 31, 2008, 825, The Financial Services segment had a pipeline of loan applications in process of $486.5 October 31, 2017. $31.2 October 31, 2017. 60 not The Financial Services segment uses investor commitments and forward sales of mandatory MBS to hedge its mortgage-related interest rate exposure. These instruments involve, to varying degrees, elements of credit and interest rate risk. Credit risk is managed by entering into MBS forward commitments, option contracts with investment banks, federally regulated bank affiliates and loan sales transactions with permanent investors meeting the segment ’s credit standards. The segment’s risk, in the event of default by the purchaser, is the difference between the contract price and fair value of the MBS forward commitments and option contracts. At October 31, 2017, $19.5 December 13, 2017. The assets accounted for using the fair value option are initially measured at fair value. Gains and losses from initial measurement and subsequent changes in fair value are recognized in the Financial Services segment ’s income. The changes in fair values that are included in income are shown, by financial instrument and financial statement line item, below: Year Ended October 31, 2017 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ 4,256 $ (14 ) $ 15 Year Ended October 31, 2016 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ 4,711 $ (73 ) $ (422 ) Year Ended October 31, 2015 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ (284 ) $ (22 ) $ 829 The Company's assets measured at fair value on a nonrecurring basis are those assets for which the Company has recorded valuation adjustments and write-offs during the fiscal years ended October 31, 2017 2016. The assets measured at fair value on a nonrecurring basis are all within the Company's Homebuilding operations and are summarized below: Nonfinancial Assets Year Ended October 31, 2017 (In thousands) Fair Value Hierarchy Pre- Impairment Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 30,022 $ (11,658 ) $ 18,364 Land and land options held for future development Level 3 $ 22,850 $ (3,403 ) $ 19,447 Nonfinancial Assets Year Ended October 31, 2016 (In thousands) Fair Value Hierarchy Pre- Impairment Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 61,584 $ (19,006 ) $ 42,578 Land and land options held for future development or sale Level 3 $ 26,783 $ (5,466 ) $ 21,317 We record impairment losses on inventories related to communities under development and held for future development when events and circumstances indicate that they may If the expected undiscounted cash flows are less than the carrying amount, then the community is written down to its fair value. We estimate the fair value of each impaired community by determining the present value of its estimated future cash flows at a discount rate commensurate with the risk of the respective community. Should the estimates or expectations used in determining cash flows or fair value decrease or differ from current estimates in the future, we may $15.1 $24.5 $7.3 October 31, 2017, 2016 2015, 12 The fair value of our cash equivalents and restricted cash and cash equivalents approximates their carrying amount, based on Level 1 The fair value of our borrowings under the revolving credit and term loan facilities approximates their carrying amount based on level 2 2 $383.7 $251.7 October 31, 2017 2016, The fair value of each of the senior secured notes (all series in the aggregate), the senior amortizing notes and the senior exchangeable notes is estimated based on third 3 $1.2 $2.1 $54.2 October 31, 2017. October 31, 2016, $883.0 $6.3 $55.2

Note 22 - Financial Information

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Condensed Financial Statements [Text Block]	22. Hovnanian Enterprises, Inc., the parent company (the “Parent”), is the issuer of publicly traded common stock and preferred stock, which is represented by depository shares. One of its wholly owned subsidiaries, K. Hovnanian Enterprises, Inc. (the “Subsidiary Issuer”), acts as a finance entity that, as of October 31, 2017, $1,110.0 $1,090.6 $368.5 $366.3 $2.1 $2.0 $53.9 $53.9 In addition to the Parent, each of the wholly owned subsidiaries of the Parent other than the Subsidiary Issuer (collectively, “Notes Guarantors”), with the exception of our home mortgage subsidiaries, certain of our title insurance subsidiaries, joint ventures and subsidiaries holding interests in our joint ventures (collectively, the “Nonguarantor Subsidiaries”), have guaranteed fully and unconditionally, on a joint and several basis, the obligations of the Subsidiary Issuer to pay principal and interest under the senior secured notes (other than the 2021 9.50% 2020 The Notes Guarantors are directly or indirectly 100% 2021 9.50% 2020 9 The senior amortizing notes and senior exchangeable notes have been registered under the Securities Act of 1933, 7.0% 8.0% 9 not, The Consolidating Condensed Financial Statements presented below are in respect of our registered notes only and not 7.0% 8.0% 7.0% 8.0% 10.0% 2022 10.5% 2024 not The following Consolidating Condensed Financial Statements present the results of operations, financial position and cash flows of (i) the Parent, (ii) the Subsidiary Issuer, (iii) the Notes Guarantors, (iv) the Nonguarantor Subsidiaries and (v) the eliminations to arrive at the information for Hovnanian Enterprises, Inc. on a consolidated basis. CONSOLIDATING CONDENSED BALANCE SHEET OCTOBER 31, 201 7 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Assets: Homebuilding $ - $ 389,456 $ 949,032 $ 400,297 $ - $ 1,738,785 Financial services 19,001 143,112 162,113 Intercompany receivable 1,046,796 25,580 (1,072,376 ) - Investments in and amounts due from consolidated subsidiaries 376,964 (376,964 ) - Total assets $ - $ 1,436,252 $ 1,344,997 $ 568,989 $ (1,449,340 ) $ 1,900,898 Liabilities and equity: Homebuilding, excluding Notes payable and term loan and Revolving credit facilit y $ 740 $ 236 $ 467,613 $ 68,865 $ - $ 537,454 Financial services 19,160 122,754 141,914 Income taxes (receivable) payable (2 ) 2,229 2,227 Notes payable and term loan and Revolving credit facilit y 1,677,891 1,377 406 1,679,674 Intercompany payable 148,385 923,994 (1,072,379 ) - Amounts due to consolidated subsidiaries 311,248 37,175 (348,423 ) - Stockholders ’ (deficit) equity (460,371 ) (279,050 ) (69,376 ) 376,964 (28,538 ) (460,371 ) Total liabilities and equity $ - $ 1,436,252 $ 1,344,997 $ 568,989 $ (1,449,340 ) $ 1,900,898 CONSOLIDATING CONDENSED BALANCE SHEET OCTOBER 31, 201 6 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Assets: Homebuilding $ - $ 271,216 $ 1,194,267 $ 408,610 $ - $ 1,874,093 Financial services 13,453 183,777 197,230 Income taxes receivable 115,940 (58,597 ) 226,258 32 283,633 Intercompany receivable 1,227,334 88,112 (1,315,446 ) - Investments in and amounts due from consolidated subsidiaries 4,914 437,628 (442,542 ) - Total assets $ 115,940 $ 1,444,867 $ 1,871,606 $ 680,531 $ (1,757,988 ) $ 2,354,956 Liabilities and equity: Homebuilding, excluding Notes payable and term loan and Revolving credit facility $ 3,506 $ 1,118 $ 565,163 $ 83,476 $ - $ 653,263 Financial services 13,338 159,107 172,445 Notes payable and term loan and Revolving credit facility 1,652,357 5,084 317 1,657,758 Intercompany payable 157,993 1,157,453 (1,315,446 ) - Amounts due to consolidated subsidiaries 82,951 (82,951 ) - Stockholders ’ (deficit) equity (128,510 ) (208,608 ) 130,568 437,631 (359,591 ) (128,510 ) Total liabilities and equity $ 115,940 $ 1,444,867 $ 1,871,606 $ 680,531 $ (1,757,988 ) $ 2,354,956 CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS YEAR ENDED OCTOBER 31, 2017 \ (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 2,027,485 $ 365,437 $ - $ 2,392,922 Financial services 10,910 47,833 58,743 Intercompany charges 88,601 (88,601 ) - Total revenues - 88,601 2,038,395 413,270 (88,601 ) 2,451,665 Expenses: Homebuilding (3,135 ) 140,696 1,946,395 338,706 2,422,662 Financial services 20 6,975 25,351 32,346 Intercompany charges 88,601 (88,601 ) - Total expenses (3,115 ) 140,696 2,041,971 364,057 (88,601 ) 2,455,008 Loss on extinguishment of debt (34,854 ) (34,854 ) Income (loss) from unconsolidated joint ventures 142 (7,189 ) (7,047 ) (Loss) income before income taxes 3,115 (86,949 ) (3,434 ) 42,024 - (45,244 ) State and federal income tax (benefit) provision 107,011 (58,596 ) 238,502 32 286,949 Equity in (loss) income from subsidiaries (228,297 ) (42,089 ) 41,992 228,394 - Net (loss) income $ (332,193 ) $ (70,442 ) $ (199,944 ) $ 41,992 $ 228,394 $ (332,193 ) CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS YEAR ENDED OCTOBER 31, 201 6 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 2,232,906 $ 446,724 $ - $ 2,679,630 Financial services 11,038 61,579 72,617 Intercompany charges 112,207 (112,207 ) - Total revenues - 112,207 2,243,944 508,303 (112,207 ) 2,752,247 Expenses: Homebuilding 1,688 136,796 2,147,123 419,514 2,705,121 Financial services 16 7,387 29,741 37,144 Intercompany charges 112,169 38 (112,207 ) - Total expenses 1,704 136,796 2,266,679 449,293 (112,207 ) 2,742,265 Loss on extinguishment of debt (3,200 ) (3,200 ) Income (loss) from unconsolidated joint ventures 78 (4,424 ) (4,346 ) (Loss) income before income taxes (1,704 ) (27,789 ) (22,657 ) 54,586 - 2,436 State and federal income tax (benefit) provision (9,333 ) (30,615 ) 45,213 (10 ) 5,255 Equity in (loss) income from subsidiaries (10,448 ) 3,901 54,596 (48,049 ) - Net (loss) income $ (2,819 ) $ 6,727 $ (13,274 ) $ 54,596 $ (48,049 ) $ (2,819 ) CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS YEAR ENDED OCTOBER 31, 2015 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 1,778,700 $ 313,115 $ - $ 2,091,815 Financial services 8,685 47,980 56,665 Intercompany charges 124,361 (124,361 ) - Total revenues - 124,361 1,787,385 361,095 (124,361 ) 2,148,480 Expenses: Homebuilding 5,125 155,773 1,686,726 294,818 2,142,442 Financial services 105 6,490 25,377 31,972 Intercompany charges 124,360 1 (124,361 ) - Total expenses 5,230 155,773 1,817,576 320,196 (124,361 ) 2,174,414 Income from unconsolidated joint ventures 82 4,087 4,169 (Loss) income before income taxes (5,230 ) (31,412 ) (30,109 ) 44,986 - (21,765 ) State and federal income tax (benefit) provision (10,985 ) (30,486 ) 35,808 (2 ) (5,665 ) Equity in (loss) income from subsidiaries (21,855 ) 12,915 44,988 (36,048 ) - Net (loss) income $ (16,100 ) $ 11,989 $ (20,929 ) $ 44,988 $ (36,048 ) $ (16,100 ) CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS YEAR ENDED OCTOBER 31, 201 7 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (332,193 ) $ (70,442 ) $ (199,944 ) $ 41,992 $ 228,394 $ (332,193 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 113,504 1,339 796,416 (53,119 ) (228,394 ) 629,746 Net cash (used in) provided by operating activities (218,689 ) (69,103 ) 596,472 (11,127 ) - 297,553 Cash flows from investing activities: Proceeds from sale of property and assets 245 25 270 Purchase of property, equipment and other fixed assets and acquisitions (6,478 ) (6,478 ) Increase in restricted cash related to mortgage company 2,555 2,555 Decrease in restricted cash related to letters of credit (3 ) (3 ) Investments in and advances to unconsolidated joint ventures (521 ) (13,407 ) (22,875 ) (36,803 ) Distributions of capital from unconsolidated joint ventures 45 13,259 13,304 Intercompany investing activities 222,627 (222,627 ) - Net cash provided by (used in) investing activities - 222,103 (19,595 ) (7,036 ) (222,627 ) (27,155 ) Cash flows from financing activities: Net payments from mortgages and notes (15,907 ) (3,286 ) (19,193 ) Net payments from model sale leaseback financing programs (12,973 ) (5,555 ) (18,528 ) Net proceeds from land bank financing programs (42,652 ) 85 (42,567 ) Net proceeds from senior secured notes 840,000 840,000 Payments related to senior notes, senior exchangeable notes and senior amortizing notes (861,976 ) (861,976 ) Net proceeds related to mortgage warehouse lines of credit (31,023 ) (31,023 ) Deferred financing costs from land bank financing program and note issuance (12,836 ) (1,462 ) (258 ) (14,556 ) Intercompany financing activities – net 218,689 (503,848 ) 62,532 222,627 - Net cash provided by (used in) financing activities 218,689 (34,812 ) (576,842 ) 22,495 222,627 (147,843 ) Net increase in cash - 118,188 35 4,332 - 122,555 Cash and cash equivalents balance, beginning of period - 261,553 (395 ) 85,607 - 346,765 Cash and cash equivalents balance, end of period $ - $ 379,741 $ (360 ) $ 89,939 $ - $ 469,320 CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS YEAR ENDED OCTOBER 31, 2016 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (2,819 ) $ 6,727 $ (13,274 ) $ 54,596 $ (48,049 ) $ (2,819 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 15,059 (26,032 ) 353,149 259 48,049 390,484 Net cash provided by (used in) operating activities 12,240 (19,305 ) 339,875 54,855 - 387,665 Cash flows from investing activities: Proceeds from sale of property and assets 685 79 764 Purchase of property, equipment and other fixed assets and acquisitions (7,977 ) (30 ) (8,007 ) Decrease in restricted cash related to mortgage company 2,034 2,034 Decrease in restricted cash related to letters of credit 872 872 Investments in and advances to unconsolidated joint ventures (290 ) (74 ) (49,541 ) (49,905 ) Distributions of capital from unconsolidated joint ventures 5,264 5,264 Intercompany investing activities 344,479 (344,479 ) - Net cash (used in) provided by investing activities - 345,061 (7,366 ) (42,194 ) (344,479 ) (48,978 ) Cash flows from financing activities: Net payments from mortgages and notes (60,535 ) (476 ) (61,011 ) Net payments from model sale leaseback financing programs (14,004 ) (3,134 ) (17,138 ) Net proceeds from land bank financing programs 53,654 11,980 65,634 Borrowings from revolving credit facility 5,000 5,000 Proceeds from senior secured term loan facility 75,000 75,000 Net proceeds from senior secured notes 71,250 71,250 Payments related to senior notes, senior exchangeable notes and senior amortizing notes (409,646 ) (409,646 ) Net proceeds related to mortgage warehouse lines of credit 36,713 36,713 Deferred financing costs from land bank financing program and note issuance (5,125 ) (4,812 ) (1,532 ) (11,469 ) Intercompany financing activities – net (12,240 ) (302,407 ) (29,832 ) 344,479 - Net cash (used in) provided by financing activities (12,240 ) (263,521 ) (328,104 ) 13,719 344,479 (245,667 ) Net increase in cash - 62,235 4,405 26,380 - 93,020 Cash and cash equivalents balance, beginning of period - 199,318 (4,800 ) 59,227 - 253,745 Cash and cash equivalents balance, end of period $ - $ 261,553 $ (395 ) $ 85,607 $ - $ 346,765 CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS YEAR ENDED OCTOBER 31, 2015 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (16,100 ) $ 11,989 $ (20,929 ) $ 44,988 $ (36,048 ) $ (16,100 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 122,264 110,820 (456,704 ) (116,863 ) 36,048 (304,435 ) Net cash (used in) provided by operating activities 106,164 122,809 (477,633 ) (71,875 ) - (320,535 ) Cash flows from investing activities: Proceeds from sale of property and assets 1,556 17 1,573 Purchase of property, equipment and other fixed assets and acquisitions (2,054 ) (2,054 ) Decrease in restricted cash related to mortgage company 1,555 1,555 Decrease in restricted cash related to letters of credit 2,993 2,993 Investments in and advances to unconsolidated joint ventures 16 (114 ) (18,609 ) (18,707 ) Distributions of capital from unconsolidated joint ventures 315 646 16,151 17,112 Intercompany investing activities (313,174 ) 313,174 - Net cash provided by (used in) investing activities - (309,850 ) 34 (886 ) 313,174 2,472 Cash flows from financing activities: Net proceeds from mortgages and notes 27,881 11,502 39,383 Net proceeds from model sale leaseback financing programs 17,117 5,867 22,984 Net payments from land bank financing programs (6,198 ) (1,147 ) (7,345 ) Proceeds from senior notes 250,000 250,000 Payments related to senior notes and senior amortizing notes (65,053 ) (65,053 ) Borrowings from revolving credit facility 47,000 47,000 Net proceeds related to mortgage warehouse lines of credit 31,956 31,956 Deferred financing costs from land bank financing programs and note issuances (5,096 ) (2,732 ) (1,187 ) (9,015 ) Intercompany financing activities (106,164 ) 441,457 (22,119 ) (313,174 ) - Net cash provided by (used in) financing activities (106,164 ) 226,851 477,525 24,872 (313,174 ) 309,910 Net (decrease) increase in cash - 39,810 (74 ) (47,889 ) - (8,153 ) Cash and cash equivalents balance, beginning of period - 159,508 (4,726 ) 107,116 - 261,898 Cash and cash equivalents balance, end of period $ - $ 199,318 $ (4,800 ) $ 59,227 $ - $ 253,745

Note 23 - Unaudited Summarized

Note 23 - Unaudited Summarized Consolidated Quarterly Information	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Quarterly Financial Information [Text Block]	23. Summarized quarterly financial information for the years ended October 31, 2017 2016 Three Months Ended (In thousands, except per share data) October 31, 2017 July 31, 2017 April 30, 2017 January 31, 2017 Revenues $ 721,686 $ 592,035 $ 585,935 $ 552,009 Expenses 703,964 591,872 586,877 554,482 Inventory impairment loss and land option write-offs 8,479 4,197 1,953 3,184 (Loss) gain on extinguishment of debt - (42,258 ) (242 ) 7,646 Income (loss) from unconsolidated joint ventures 3,062 (3,881 ) (4,562 ) (1,666 ) Income (loss) before income taxes 12,305 (50,173 ) (7,699 ) 323 State and federal income tax provision (benefit) 464 287,036 (1,017 ) 466 Net income (loss) $ 11,841 $ (337,209 ) $ (6,682 ) $ (143 ) Per share data: Basic: Income (loss) per common share $ 0.08 $ (2.28 ) $ (0.05 ) $ (0.00 ) Weighted-average number of common shares outstanding 147,905 147,748 147,558 147,535 Assuming dilution: Income (loss) per common share $ 0.08 $ (2.28 ) $ (0.05 ) $ (0.00 ) Weighted-average number of common shares outstanding 160,548 147,748 147,558 147,535 Three Months Ended (In thousands, except per share data) October 31, 2016 July 31, 2016 April 30, 2016 January 31, 2016 Revenues $ 805,069 $ 716,850 $ 654,723 $ 575,605 Expenses 760,171 711,791 661,312 575,638 Inventory impairment loss and land option write-offs 10,438 1,565 9,669 11,681 Loss on extinguishment of debt 3,200 - - - Income (loss) from unconsolidated joint ventures 881 (2,401 ) (1,346 ) (1,480 ) Income (loss) before income taxes 32,141 1,093 (17,604 ) (13,194 ) State and federal income tax provision (benefit) 9,852 1,567 (9,143 ) 2,979 Net income (loss) $ 22,289 $ (474 ) $ (8,461 ) $ (16,173 ) Per share data: Basic: Income (loss) per common share $ 0.14 $ (0.00 ) $ (0.06 ) $ (0.11 ) Weighted-average number of common shares outstanding 147,521 147,412 147,334 147,139 Assuming dilution: Income (loss) per common share $ 0.14 $ (0.00 ) $ (0.06 ) $ (0.11 ) Weighted-average number of common shares outstanding 160,590 147,412 147,334 147,139

Note 24 - Subsequent Events

Note 24 - Subsequent Events	12 Months Ended
	Oct. 31, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	24. On November 1, 2017, $34.7 $42.5 $13.0 On December 1, 2017 of $56.1 9. On December 14, 2017, October 31, 2017. December 18, 2017, ’s Board. See Note 18 112

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2017
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates - The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and these differences could have a significant impact on the financial statements.
Revenue Recognition, Policy [Policy Text Block]	Income Recognition from Home and Land Sales - We are primarily engaged in the development, construction, marketing and sale of residential single-family and multi-family homes where the planned construction cycle is less than 12 360 20, no not 360 20, third Income Recognition from Mortgage Loans - Our Financial Services segment originates mortgages, primarily for our homebuilding customers. We use mandatory investor commitments and forward sales of mortgage-backed securities (“MBS”) to hedge our mortgage-related interest rate exposure on agency and government loans. We elected the fair value option for our mortgage loans held for sale in accordance with ASC 825, Substantially all of the mortgage loans originated are sold within a short period of time in the secondary mortgage market on a servicing released, nonrecourse basis, although the Company remains liable for certain limited representations, such as fraud, and warranties related to loan sales. Mortgage investors could seek to have us buy back loans or compensate them from losses incurred on mortgages we have sold based on claims that we breached our limited representations and warranties. We have established reserves for probable losses.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents - Cash represents cash deposited in checking accounts. Cash equivalents include certificates of deposit, Treasury bills and government money–market funds with maturities of 90 may, October 31, 2017 2016, $13.3 $9.4
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments - The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. Our financial instruments consist of cash and cash equivalents, restricted cash and cash equivalents, receivables, deposits and notes, accounts payable and other liabilities, customer deposits, mortgage loans held for sale, nonrecourse mortgages, mortgage warehouse lines of credit, revolving credit facility, accrued interest, senior secured term loan and the senior secured notes, senior notes, senior amortizing notes and senior exchangeable notes. The fair value of the senior secured notes, senior notes, senior amortizing notes and senior exchangeable notes is estimated based on the quoted market prices for the same or similar issues or on the current rates offered to us for debt of the same remaining maturities.
Inventory, Policy [Policy Text Block]	Inventories - Inventories consist of land, land development, home construction costs, capitalized interest, construction overhead and property taxes. Construction costs are accumulated during the period of construction and charged to cost of sales under specific identification methods. Land, land development and common facility costs are allocated based on buildable acres to product types within each community, then charged to cost of sales equally based upon the number of homes to be constructed in each product type. We record inventories in our consolidated balance sheets at cost unless the inventory is determined to be impaired, in which case the inventory is written down to its fair value. Our inventories consist of the following three 1 2 3 not We decide to mothball (or stop development on) certain communities when we determine that the current performance does not When we decide to mothball a community, the inventory is reclassified on our Consolidated Balance Sheets from “Sold and unsold homes and lots under development” to “Land and land options held for future development or sale.” During fiscal 2017, not five two October 31, 2017 2016, 22 29 $36.7 $74.4 $214.1 $296.3 From time to time we enter into option agreements that include specific performance requirements, whereby we are required to purchase a minimum number of lots. Because of our obligation to purchase these lots, for accounting purposes in accordance with Accounting Standards Codification (“ASC”) 360 20 40 38, October 31, 201 7 2016, no We sell and lease back certain of our model homes with the right to participate in the potential profit when each home is sold to a third 360 20 40 38, October 31, 201 7 2016, $58.5 $79.2 not $51.8 $69.7 not We have land banking arrangements, whereby we sell our land parcels to the land banker and they provide us an option to purchase back finished lots on a predetermined schedule. Because of our options to repurchase these parcels, for accounting purposes, in accordance with ASC 360 20 40 38, October 31, 201 7 2016, $66.3 $129.5 not $39.3 $80.5 not The recoverability of inventories and other long-lived assets is assessed in accordance with the provisions of ASC 360 10, – Overall.” ASC 360 10 We evaluate inventories of communities under development and held for future development for impairment when indicators of potential impairment are present. Indicators of impairment include, but are not The projected operating profits, losses or cash flows of each community can be significantly impacted by our estimates of the following: ● future base selling prices; ● future home sales incentives; ● future home construction and land development costs; and ● future sales absorption pace and cancellation rates. These estimates are dependent upon specific market conditions for each community. While we consider available information to determine what we believe to be our best estimates as of the end of a quarterly reporting period, these estimates are subject to change in future reporting periods as facts and circumstances change. Local market-specific conditions that may ● the intensity of competition within a market, including available home sales prices and home sales incentives offered by our competitors; ● the current sales absorption pace for both our communities and competitor communities; ● community-specific attributes, such as location, availability of lots in the market, desirability and uniqueness of our community, and the size and style of homes currently being offered; ● potential for alternative product offerings to respond to local market conditions; ● changes by management in the sales strategy of the community; ● current local market economic and demographic conditions and related trends and forecasts; and ● existing home inventory supplies, including foreclosures and short sales. These and other local market-specific conditions that may may may may may may one not may not If the undiscounted cash flows are more than the carrying value of the community, then the carrying amount is recoverable, and no third October 31, 201 5 October 31, 2017 16.8% 19.8%. may From time to time, we write off deposits and approval, engineering and capitalized interest costs when we determine that it is no not not not Inventories held for sale are land parcels ready for sale in their current condition, where we have decided not 23.6 $48.7 October 31, 2017 2016, third
Post-development Completion Warranty Costs and Insurance Deductible Reserves, Policy [Policy Text Block]	Post-Development Completion, Warranty Costs and Insurance Deductible Reserves 2017 2016, $20 2017 2016 $0.25 $5 2017 2016 $21 not third third not not 16
Inventory, Interest Capitalization Policy [Policy Text Block]	Interest - Interest attributable to properties under development during the land development and home construction period is capitalized and expensed along with the associated cost of sales as the related inventories are sold. Interest incurred in excess of interest capitalized, which occurs when assets qualifying for interest capitalization are less than our outstanding debt balances, is expensed as incurred in “Other interest.” Interest costs incurred, expensed and capitalized were: Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Interest capitalized at beginning of year $ 96,688 $ 123,898 $ 109,158 Plus interest incurred(1) 160,203 166,824 166,188 Less cost of sales interest expensed 88,536 92,391 59,613 Less other interest expensed(2)(3) 97,304 90,967 91,835 Less interest contributed to unconsolidated joint venture(4) - 10,676 - Interest capitalized at end of year(5) $ 71,051 $ 96,688 $ 123,898 ( 1 Data does not ( 2 Other interest expensed includes interest that does not not $69.1 $50.4 $77.6 October 31, 2017, 2016 2015, not $28.2 $40.6 $14.2 October 31, 2017, 2016 2015. ( 3 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: Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Other interest expensed $ 97,304 $ 90,967 $ 91,835 Interest paid by our mortgage and finance subsidiaries 1,944 2,866 2,050 (Increase) decrease in accrued interest (9,412 ) 7,963 (8,166 ) Cash paid for interest, net of capitalized interest $ 89,836 $ 101,796 $ 85,719 ( 4 Represents capitalized interest which was included as part of the assets contributed to the joint venture the Company entered into in November 2015, 20. no ( 5 Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest.
Land under Option Arrangements, Policy [Policy Text Block]	Land Options - Costs incurred to obtain options to acquire improved or unimproved home sites are capitalized. Such amounts are either included as part of the purchase price if the land is acquired or charged to “Inventory impairments loss and land option write-offs” if we determine we will not not not not not 810 10
Equity Method Investments [Policy Text Block]	Unconsolidated Homebuilding and Land Development Joint Ventures - Investments in unconsolidated homebuilding and land development joint ventures are accounted for under the equity method of accounting. Under the equity method, we recognize our proportionate share of earnings and losses earned by the joint venture upon the delivery of lots or homes to third 50% not not 323 10, During fiscal 2017, $2.8 no 2016 2015.
Deferred Charges, Policy [Policy Text Block]	Deferred Bond Issuance Costs - Costs associated with borrowings under our revolving credit facility and senior secured term loan and the issuance of senior secured, senior, senior amortizing and senior exchangeable notes are capitalized and amortized over the term of each note’s issuance. The capitalization of the costs are recorded as a contra liability within our debt balances, except for the revolving credit facility costs, which are recorded as a prepaid asset.
Debt, Policy [Policy Text Block]	Debt Issued At a Discount - Debt issued at a discount to the face amount is accreted up to its face amount utilizing the effective interest method over the term of the note and recorded as a component of interest on the Consolidated Statements of Operations.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs - Advertising costs are expensed as incurred. During the years ended October 31, 2017, 2016 2015, $17.9 $21.4 $21.0
Income Tax, Policy [Policy Text Block]	Deferred Income Taxes - Deferred income taxes are provided for temporary differences between amounts recorded for financial reporting and for income tax purposes. If the combination of future years’ income (or loss) combined with the reversal of the timing differences results in a loss, such losses can be carried back to prior years or carried forward to future years to recover the deferred tax assets. In accordance with ASC 740 10, 740 10 not” In evaluating the exposures associated with our various tax filing positions, we recognize tax liabilities in accordance with ASC 740 10, not We re-evaluate the exposures associated with our tax positions on a quarterly basis. This evaluation is based on factors such as changes in facts or circumstances, changes in tax law, new audit activity by taxing authorities, and effectively settled issues. Determining whether an uncertain tax position is effectively settled requires judgment. Such a change in recognition or measurement would result in the recognition of a tax benefit or an additional charge to the tax provision. A number of years may may
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation - Property, plant and equipment are depreciated using the straight-line method over the estimated useful life of the assets ranging from 3 40
Prepaid Expenses, Policy [Policy Text Block]	Prepaid Expenses - Prepaid expenses which relate to specific housing communities (model setup, architectural fees, homeowner warranty program fees, etc.) are amortized to cost of sales as the applicable inventories are sold. All other prepaid expenses are amortized over a specific time period or as used and charged to overhead expense.
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Allowance for Doubtful Accounts – We regularly review our receivable balances, which are included in Receivables, deposits and notes on the Consolidated Balance Sheets, for collectability and record an allowance against a receivable when it is deemed that collectability is uncertain. These receivables include receivables from our insurance carriers, receivables from municipalities related to the development of utilities or other infrastructure, and other miscellaneous receivables. The balance for allowance for doubtful accounts was $7.3 $7.6 October 31, 2017 2016, 2017 2016, $0.2 $0.8 $0.1 $0.2 2017 2016, 2016, $1.0
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Options - We account for our stock options under ASC 718 10, Compensation cost arising from nonvested stock granted to employees and from nonemployee stock awards is based on the fair value of the awards at the grant date recognized as expense using the straight-line method over the vesting period.
Earnings Per Share, Policy [Policy Text Block]	Per Share Calculations - Basic earnings per share is computed by dividing net income (loss) (the “numerator”) by the weighted-average number of common shares outstanding, adjusted for nonvested shares of restricted stock (the “denominator”) for the period. Computing diluted earnings per share is similar to computing basic earnings per share, except that the denominator is increased to include the dilutive effects of options and nonvested shares of restricted stock, as well as common shares issuable upon exchange of our Senior Exchangeable Notes issued as part of our 6.0% All outstanding nonvested shares that contain nonforfeitable rights to dividends or dividend equivalents that participate in undistributed earnings with common stock are considered participating securities and are included in computing earnings per share pursuant to the two two ’s restricted common stock (“nonvested shares”) are considered participating securities.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, No. 2014 09, 606 2014 09” 2014 09 1 2 3 4 5 2014 09 605, August 2015, issued ASU 2015 14 one 2014 09, November 1, 2018. December 15, 2016. 2014 09 In August 2014, 2014 15, ’s Ability to Continue as a Going Concern” (“ASU 2014 15” one 2014 15 October 31, 2017 and not In February 2016, 2016 02, 842 2016 02” 2016 02 12 2016 02 November 1, 2019. In August 2016, No. 2016 15, 230 2016 15” 2016 15 2016 15 ’s fiscal year beginning November 1, 2018. In October 2016, No. 2016 16, 740 2016 16” 2016 16 2016 16 ’s fiscal year beginning November 1, 2018. In October 2016, No. 2016 17, 810 2016 17” 2016 17 2016 17 ’s fiscal year beginning November 1, 2017. not 2016 17 In November 2016, No. 2016 18, 230 2016 18” 2016 18 2016 18 ’s fiscal year beginning November 1, 2018.

Note 3 - Summary of Significa32

Note 3 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]	Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Interest capitalized at beginning of year $ 96,688 $ 123,898 $ 109,158 Plus interest incurred(1) 160,203 166,824 166,188 Less cost of sales interest expensed 88,536 92,391 59,613 Less other interest expensed(2)(3) 97,304 90,967 91,835 Less interest contributed to unconsolidated joint venture(4) - 10,676 - Interest capitalized at end of year(5) $ 71,051 $ 96,688 $ 123,898
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]	Year Ended (In thousands) October 31, 2017 October 31, 2016 October 31, 2015 Other interest expensed $ 97,304 $ 90,967 $ 91,835 Interest paid by our mortgage and finance subsidiaries 1,944 2,866 2,050 (Increase) decrease in accrued interest (9,412 ) 7,963 (8,166 ) Cash paid for interest, net of capitalized interest $ 89,836 $ 101,796 $ 85,719

Note 4 - Leases (Tables)

Note 4 - Leases (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Years Ending October 31, (In Thousands) 2018 $ 8,139 2019 7,882 2020 5,354 2021 2,915 2022 2,434 Thereafter 4,342 Total $ 31,066

Note 5 - Property, Plant and 34

Note 5 - Property, Plant and Equipment (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	October 31, (In thousands) 2017 2016 Land and land improvements $ 2,625 $ 2,398 Buildings 69,279 67,860 Building improvements 9,458 8,231 Furniture 5,571 5,788 Equipment , including capitalized software 35,328 35,770 Total 122,261 120,047 Less accumulated depreciation 69,342 69,715 Total 52,919 $ 50,332

Note 7 - Mortgage Loans Held 35

Note 7 - Mortgage Loans Held for Sale (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 Loan origination reserves, beginning of period $ 8,137 $ 8,025 Provisions for losses during the period 165 261 Adjustments to pre-existing provisions for losses from changes in estimates (4,571 ) 48 Payments/settlements (573 ) (197 ) Loan origination reserves, end of period $ 3,158 $ 8,137

Note 9 - Senior Notes and Ter36

Note 9 - Senior Notes and Term Loan (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	(In thousands) October 31, 2017(1)(2) October 31, 2016(1)(2) Senior Secured Term Loan, net of debt issuance costs $ 72,987 $ 72,646 Senior Secured Notes: 7.25% Senior Secured First Lien Notes due October 15, 2020 $ - $ 569,641 10.0% Senior Secured Second Lien Notes due October 15, 2018 (net of discount) - 68,951 9.125% Senior Secured Second Lien Notes due November 15, 2020 - 143,337 9.50% Senior Secured Notes due November 15, 2020 74,350 74,140 2.0% Senior Secured Notes due November 1, 2021 (net of discount) 53,058 53,022 5.0% Senior Secured Notes due November 1, 2021 (net of discount) 133,732 131,998 10.0% Senior Secured Notes due July 15, 2022 434,543 - 10.5% Senior Secured Notes due July 15, 2024 394,953 - Total Senior Secured Notes, net of debt issuance costs $ 1,090,636 $ 1,041,089 Senior Notes: 7.0% Senior Notes due January 15, 2019 $ 131,957 $ 148,800 8.0% Senior Notes due November 1, 2019 234,293 247,348 Total Senior Notes, net of debt issuance costs $ 366,250 $ 396,148 11.0% Senior Amortizing Notes due December 1, 2017, net of debt issuance costs $ 2,045 $ 6,152 Senior Exchangeable Notes due December 1, 2017, net of debt issuance costs $ 53,919 $ 57,298
Schedule of Maturities of Long-term Debt [Table Text Block]	Fiscal Year Ended October 31, 2018 $ 56,002 2019 207,546 2020 235,961 2021 75,000 2022 635,000 Thereafter 400,000 Total $ 1,609,509

Note 10 - Operating and Repor37

Note 10 - Operating and Reporting Segments (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	October 31, (In thousands) 2017 2016 Assets: Northeast $ 180,545 $ 219,363 Mid-Atlantic 224,398 292,899 Midwest 84,960 111,596 Southeast 231,644 226,124 Southwest 294,337 341,472 West 175,347 269,400 Total homebuilding 1,191,231 1,460,854 Financial services 162,113 197,230 Corporate and unallocated (1) 547,554 696,872 Total assets $ 1,900,898 $ 2,354,956 October 31, (In thousands) 2017 2016 Investments in and advances to unconsolidated joint ventures: Northeast $ 36,411 $ 28,115 Mid-Atlantic 20,873 22,407 Midwest 4,268 5,516 Southeast 36,320 22,876 Southwest 11,832 3,625 West 4,451 17,547 Total homebuilding 114,155 100,086 Corporate and unallocated 935 416 Total investments in and advances to unconsolidated joint ventures $ 115,090 $ 100,502
Operating Segments [Member]
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 2015 Revenues: Northeast $ 209,509 $ 278,028 $ 189,497 Mid-Atlantic 464,126 458,579 399,500 Midwest 199,770 311,322 311,449 Southeast 260,402 260,584 207,662 Southwest 827,503 1,028,529 823,853 West 430,546 342,447 159,969 Total homebuilding 2,391,856 2,679,489 2,091,930 Financial services 58,743 72,617 56,665 Corporate and unallocated 1,066 141 (115 ) Total revenues $ 2,451,665 $ 2,752,247 $ 2,148,480 (Loss) income before income taxes: Northeast $ 2,300 $ (3,869 ) $ (7,742 ) Mid-Atlantic 17,191 17,476 21,431 Midwest (1,151 ) (11,416 ) 14,012 Southeast (6,199 ) (17,791 ) (6,330 ) Southwest 71,540 84,424 67,437 West 19,636 3,445 (17,145 ) Total homebuilding 103,317 72,269 71,663 Financial services 26,397 35,473 24,693 Corporate and unallocated (1) (174,958 ) (105,306 ) (118,121 ) (Loss) income before income taxes $ (45,244 ) $ 2,436 $ (21,765 ) Year Ended October 31, (In thousands) 2017 2016 2015 Homebuilding interest expense: Northeast $ 20,308 $ 19,417 $ 14,150 Mid-Atlantic 23,886 23,662 16,268 Midwest 7,799 12,275 10,405 Southeast 13,646 16,770 9,552 Southwest 25,278 37,552 26,147 West 25,799 23,295 10,381 Total homebuilding 116,716 132,971 86,903 Corporate and unallocated 69,124 50,387 64,545 Financial services interest expense (1) (630 ) (763 ) (1,066 ) Total interest expense, net $ 185,210 $ 182,595 $ 150,382 Year Ended October 31, (In thousands) 2017 2016 2015 Depreciation: Northeast $ 71 $ 62 $ 136 Mid-Atlantic 50 56 28 Midwest 858 497 361 Southeast 83 82 40 Southwest 78 104 89 West 94 92 79 Total homebuilding 1,234 893 733 Financial services 16 41 47 Corporate and unallocated 2,999 2,631 2,608 Total depreciation $ 4,249 $ 3,565 $ 3,388 Year Ended October 31, (In thousands) 2017 2016 2015 Net additions to operating properties and equipment: Northeast $ 442 $ 78 $ - Mid-Atlantic 71 208 58 Midwest 3,773 3,180 637 Southeast 28 233 227 Southwest 18 199 173 West 80 91 88 Total homebuilding 4,412 3,989 1,183 Financial services - 30 - Corporate and unallocated 2,066 3,988 871 Total net additions to operating properties and equipment $ 6,478 $ 8,007 $ 2,054 Year Ended October 31, (In thousands) 2017 2016 2015 Equity in (losses) earnings from unconsolidated joint ventures: Northeast $ (4,376 ) $ (2,639 ) $ 856 Mid-Atlantic 1,180 (27 ) 4,502 Midwest (1,424 ) (1,304 ) (105 ) Southeast 837 (1,774 ) 1,213 Southwest (306 ) (64 ) - West (2,958 ) 1,462 (2,297 ) Total equity in (losses) earnings from unconsolidated joint ventures $ (7,047 ) $ (4,346 ) $ 4,169

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Components of Income Tax Payable Receivable [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 State income taxes: Current $ 2,227 $ 1,945 Deferred - (9,890 ) Federal income taxes: Current - - Deferred - (275,688 ) Total $ 2,227 $ (283,633 )
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 2015 Current income tax expense (benefit): Federal (1) $ - $ (2,796 ) $ (1,497 ) State (2) 1,371 1,200 523 Total current income tax expense (benefit): 1,371 (1,596 ) (974 ) Federal 275,688 5,594 (8,461 ) State 9,890 1,257 3,770 Total deferred income tax expense (benefit): 285,578 6,851 (4,691 ) Total $ 286,949 $ 5,255 $ (5,665 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 Deferred tax assets: Depreciation $ 246 $ 1,729 Inventory impairment loss 122,584 174,489 Uniform capitalization of overhead 5,766 6,802 Warranty and legal reserves 8,763 13,238 Deferred income 2,341 5,061 Acquisition intangibles 4,420 8,829 Restricted stock bonus 4,202 4,526 Rent on abandoned space 101 1,006 Stock options 6,539 7,073 Provision for losses 38,831 34,505 Joint venture loss 12,028 4,171 Federal net operating losses 549,862 520,117 State net operating losses 172,307 170,014 Other 20,678 22,862 Total deferred tax assets 948,668 974,422 Deferred tax liabilities: Debt repurchase income 30,465 60,901 Total deferred tax liabilities 30,465 60,901 Valuation allowance (918,203 ) (627,943 ) Net deferred income taxes $ - $ 285,578
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended October 31, 2017 2016 2015 Computed “expected” tax rate 35.0 % 35.0 % 35.0 % State income taxes, net of federal income tax benefit 1.0 65.4 (15.6 ) Permanent differences, net (2.4 ) 222.2 (0.4 ) Deferred tax asset valuation allowance impact (667.8 ) - - Tax contingencies - 0.3 3.2 Adjustments to prior years ’ tax accruals(1) - (107.2 ) 3.8 Effective tax rate (634.2 )% 215.7 % 26.0 %
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Year Ended October 31, 2017 2016 Unrecognized tax benefit —November 1, $ 1.1 $ 1.1 Gross increases —tax positions in current period 0.2 0.2 Decrease related to tax positions taken during a prior period - - Lapse of statute of limitations (0.2 ) (0.2 ) Unrecognized tax benefit —October 31, $ 1.1 $ 1.1

Note 12 - Reduction of Invent39

Note 12 - Reduction of Inventory to Fair Value (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Inventory Impairment [Table Text Block]	(Dollars in millions) Year Ended October 31, 2017 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 2 $ 3.3 $ 22.2 Mid-Atlantic 1 1.5 8.5 Midwest 2 0.2 0.8 Southeast 3 8.1 18.3 Southwest - - - West 2 2.0 3.1 Total 10 $ 15.1 $ 52.9 (Dollars in millions) Year Ended October 31, 2016 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 5 $ 9.5 $ 33.8 Mid-Atlantic - - - Midwest 12 13.5 43.7 Southeast 3 1.5 10.9 Southwest - - - West - - - Total 20 $ 24.5 $ 88.4 (Dollars in millions) Year Ended October 31, 2015 Number of Communities Dollar Amount of Impairment Pre- Impairment Value (1) Northeast 2 $ 0.8 $ 0.9 Mid-Atlantic 1 0.9 2.5 Midwest 4 1.3 8.4 Southeast 4 2.5 10.1 Southwest - - - West 1 1.8 7.5 Total 12 $ 7.3 $ 29.4
Write Offs and Lots Walked Away From [Table Text Block]	Year Ended October 31, (In millions) 2017 2016 2015 Northeast $ 0.5 $ 1.6 $ 0.9 Mid-Atlantic 0.6 0.8 0.2 Midwest 0.3 1.3 0.6 Southeast 0.8 1.8 1.3 Southwest 0.4 3.2 1.4 West 0.1 0.2 0.3 Total $ 2.7 $ 8.9 $ 4.7

Note 15 - Stock Plans (Tables)

Note 15 - Stock Plans (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	October 31, 2017 Weighted-Average Exercise Price October 31, 2016 Weighted-Average Exercise Price October 31, 2015 Weighted-Average Exercise Price Options outstanding at beginning of period 7,373,951 $ 4.03 6,393,876 $ 4.78 6,720,251 $ 5.23 Granted 236,250 $ 2.34 1,148,481 $ 1.95 173,750 $ 2.47 Exercised 48,250 $ 2.07 - $ - 18,125 $ 2.48 Forfeited 452,375 $ 5.85 51,125 $ 2.73 203,436 $ 3.78 Expired 248,875 $ 16.68 117,281 $ 25.05 278,564 $ 15.04 Options outstanding at end of period 6,860,701 $ 3.40 7,373,951 $ 4.03 6,393,876 $ 4.78 Options exercisable at end of period 5,259,011 5,071,181 4,566,290
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Number Weighted- Average Weighted- Average Remaining Contractual Range of Exercise Prices Outstanding Exercise Price Life $1.54 – $2.41 2,320,409 $ 2.01 6.71 $2.42 – $4.41 2,496,542 $ 2.84 3.26 $4.42 – $6.46 2,043,750 $ 5.70 2.57 6,860,701 $ 3.41 4.22 Number Weighted- Average Weighted- Average Remaining Contractual Range of Exercise Prices Exercisable Exercise Price Life $1.54 – $2.41 1,003,714 $ 2.00 4.02 $2.42 – $4.41 2,322,797 $ 2.77 2.96 $4.42 – $6.46 1,932,500 $ 5.66 2.40 5,259,011 $ 3.69 2.96
Schedule of Nonvested Share Activity [Table Text Block]	Shares Weighted-Average Grant Date Fair Value Nonvested at beginning of period 7,239,469 $ 2.80 Granted 1,233,700 $ 2.56 Vested 1,216,359 $ 4.92 Forfeited 1,082,333 $ 2.59 Nonvested at end of period 6,174,477 $ 2.36

Note 16 - Warranty Costs (Table

Note 16 - Warranty Costs (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	Year Ended October 31, (In thousands) 2017 2016 Balance, beginning of period $ 121,144 $ 135,053 Additions – Selling, general and administrative 10,870 17,363 Additions – Cost of sales 15,835 17,397 Charges incurred during the period (28,019 ) (29,965 ) Changes to pre-existing reserves 7,872 (9,199 ) Changes to reserves where corresponding amounts are recorded as receivables from insurance carriers - (9,505 ) Balance, end of period $ 127,702 $ 121,144

Note 20 - Investments in Unco42

Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Equity Method Investments [Table Text Block]	October 31, 2017 (Dollars in thousands) Homebuilding Land Development Total Assets: Cash and cash equivalents $ 60,580 $ 194 $ 60,774 Inventories 666,017 9,162 675,179 Other assets 36,026 - 36,026 Total assets $ 762,623 $ 9,356 $ 771,979 Liabilities and equity: Accounts payable and accrued liabilities $ 121,646 $ 429 $ 122,075 Notes payable 330,642 - 330,642 Total liabilities 452,288 429 452,717 Equity of: Hovnanian Enterprises, Inc. 88,884 3,746 92,630 Others 221,451 5,181 226,632 Total equity 310,335 8,927 319,262 Total liabilities and equity $ 762,623 $ 9,356 $ 771,979 Debt to capitalization ratio 52 % 0 % 51 % October 31, 2016 (Dollars in thousands) Homebuilding Land Development Total Assets: Cash and cash equivalents $ 48,542 $ 1,478 $ 50,020 Inventories 516,947 11,010 527,957 Other assets 25,865 - 25,865 Total assets $ 591,354 $ 12,488 $ 603,842 Liabilities and equity: Accounts payable and accrued liabilities $ 72,302 $ 1,812 $ 74,114 Notes payable 214,911 2,261 217,172 Total liabilities 287,213 4,073 291,286 Equity of: Hovnanian Enterprises, Inc. 88,379 3,220 91,599 Others 215,762 5,195 220,957 Total equity 304,141 8,415 312,556 Total liabilities and equity $ 591,354 $ 12,488 $ 603,842 Debt to capitalization ratio 41 % 21 % 41 % For The Year Ended October 31, 2017 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 312,164 $ 5,685 $ 317,849 Cost of sales and expenses (324,514 ) (4,633 ) (329,147 ) Joint venture net (loss) income $ (12,350 ) $ 1,052 $ (11,298 ) Our share of net (loss) income $ (7,189 ) $ 526 $ (6,663 ) For The Year Ended October 31, 2016 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 141,418 $ 6,299 $ 147,717 Cost of sales and expenses (159,431 ) (6,103 ) (165,534 ) Joint venture net (loss) income $ (18,013 ) $ 196 $ (17,817 ) Our share of net (loss) income $ (4,424 ) $ 98 $ (4,326 ) For The Year Ended October 31, 2015 (Dollars in thousands) Homebuilding Land Development Total Revenues $ 122,192 $ 6,782 $ 128,974 Cost of sales and expenses (125,652 ) (6,518 ) (132,170 ) Joint venture net (loss) income $ (3,460 ) $ 264 $ (3,196 ) Our share of net income $ 4,087 $ 132 $ 4,219

Note 21 - Fair Value of Finan43

Note 21 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	(In thousands) Fair Value Hierarchy Fair Value at October 31, 2017 Fair Value at October 31, 2016 Mortgage loans held for sale (1) Level 2 $ 132,424 $ 165,077 Interest rate lock commitments Level 2 (14 ) (80 ) Forward contracts Level 2 15 86 Total $ 132,425 $ 165,083
Fair Value, Option, Quantitative Disclosures [Table Text Block]	Year Ended October 31, 2017 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ 4,256 $ (14 ) $ 15 Year Ended October 31, 2016 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ 4,711 $ (73 ) $ (422 ) Year Ended October 31, 2015 (In thousands) Mortgage Loans Held for Sale Interest Rate Lock Commitments Forward Contracts Fair value included in net loss all reflected in financial services revenues $ (284 ) $ (22 ) $ 829
Fair Value Measurements, Nonrecurring [Table Text Block]	Year Ended October 31, 2017 (In thousands) Fair Value Hierarchy Pre- Impairment Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 30,022 $ (11,658 ) $ 18,364 Land and land options held for future development Level 3 $ 22,850 $ (3,403 ) $ 19,447 Year Ended October 31, 2016 (In thousands) Fair Value Hierarchy Pre- Impairment Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 61,584 $ (19,006 ) $ 42,578 Land and land options held for future development or sale Level 3 $ 26,783 $ (5,466 ) $ 21,317

Note 22 - Financial Informati44

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Condensed Balance Sheet [Table Text Block]	(In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Assets: Homebuilding $ - $ 389,456 $ 949,032 $ 400,297 $ - $ 1,738,785 Financial services 19,001 143,112 162,113 Intercompany receivable 1,046,796 25,580 (1,072,376 ) - Investments in and amounts due from consolidated subsidiaries 376,964 (376,964 ) - Total assets $ - $ 1,436,252 $ 1,344,997 $ 568,989 $ (1,449,340 ) $ 1,900,898 Liabilities and equity: Homebuilding, excluding Notes payable and term loan and Revolving credit facilit y $ 740 $ 236 $ 467,613 $ 68,865 $ - $ 537,454 Financial services 19,160 122,754 141,914 Income taxes (receivable) payable (2 ) 2,229 2,227 Notes payable and term loan and Revolving credit facilit y 1,677,891 1,377 406 1,679,674 Intercompany payable 148,385 923,994 (1,072,379 ) - Amounts due to consolidated subsidiaries 311,248 37,175 (348,423 ) - Stockholders ’ (deficit) equity (460,371 ) (279,050 ) (69,376 ) 376,964 (28,538 ) (460,371 ) Total liabilities and equity $ - $ 1,436,252 $ 1,344,997 $ 568,989 $ (1,449,340 ) $ 1,900,898 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Assets: Homebuilding $ - $ 271,216 $ 1,194,267 $ 408,610 $ - $ 1,874,093 Financial services 13,453 183,777 197,230 Income taxes receivable 115,940 (58,597 ) 226,258 32 283,633 Intercompany receivable 1,227,334 88,112 (1,315,446 ) - Investments in and amounts due from consolidated subsidiaries 4,914 437,628 (442,542 ) - Total assets $ 115,940 $ 1,444,867 $ 1,871,606 $ 680,531 $ (1,757,988 ) $ 2,354,956 Liabilities and equity: Homebuilding, excluding Notes payable and term loan and Revolving credit facility $ 3,506 $ 1,118 $ 565,163 $ 83,476 $ - $ 653,263 Financial services 13,338 159,107 172,445 Notes payable and term loan and Revolving credit facility 1,652,357 5,084 317 1,657,758 Intercompany payable 157,993 1,157,453 (1,315,446 ) - Amounts due to consolidated subsidiaries 82,951 (82,951 ) - Stockholders ’ (deficit) equity (128,510 ) (208,608 ) 130,568 437,631 (359,591 ) (128,510 ) Total liabilities and equity $ 115,940 $ 1,444,867 $ 1,871,606 $ 680,531 $ (1,757,988 ) $ 2,354,956
Condensed Income Statement [Table Text Block]	(In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 2,027,485 $ 365,437 $ - $ 2,392,922 Financial services 10,910 47,833 58,743 Intercompany charges 88,601 (88,601 ) - Total revenues - 88,601 2,038,395 413,270 (88,601 ) 2,451,665 Expenses: Homebuilding (3,135 ) 140,696 1,946,395 338,706 2,422,662 Financial services 20 6,975 25,351 32,346 Intercompany charges 88,601 (88,601 ) - Total expenses (3,115 ) 140,696 2,041,971 364,057 (88,601 ) 2,455,008 Loss on extinguishment of debt (34,854 ) (34,854 ) Income (loss) from unconsolidated joint ventures 142 (7,189 ) (7,047 ) (Loss) income before income taxes 3,115 (86,949 ) (3,434 ) 42,024 - (45,244 ) State and federal income tax (benefit) provision 107,011 (58,596 ) 238,502 32 286,949 Equity in (loss) income from subsidiaries (228,297 ) (42,089 ) 41,992 228,394 - Net (loss) income $ (332,193 ) $ (70,442 ) $ (199,944 ) $ 41,992 $ 228,394 $ (332,193 ) (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 2,232,906 $ 446,724 $ - $ 2,679,630 Financial services 11,038 61,579 72,617 Intercompany charges 112,207 (112,207 ) - Total revenues - 112,207 2,243,944 508,303 (112,207 ) 2,752,247 Expenses: Homebuilding 1,688 136,796 2,147,123 419,514 2,705,121 Financial services 16 7,387 29,741 37,144 Intercompany charges 112,169 38 (112,207 ) - Total expenses 1,704 136,796 2,266,679 449,293 (112,207 ) 2,742,265 Loss on extinguishment of debt (3,200 ) (3,200 ) Income (loss) from unconsolidated joint ventures 78 (4,424 ) (4,346 ) (Loss) income before income taxes (1,704 ) (27,789 ) (22,657 ) 54,586 - 2,436 State and federal income tax (benefit) provision (9,333 ) (30,615 ) 45,213 (10 ) 5,255 Equity in (loss) income from subsidiaries (10,448 ) 3,901 54,596 (48,049 ) - Net (loss) income $ (2,819 ) $ 6,727 $ (13,274 ) $ 54,596 $ (48,049 ) $ (2,819 ) (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues: Homebuilding $ - $ - $ 1,778,700 $ 313,115 $ - $ 2,091,815 Financial services 8,685 47,980 56,665 Intercompany charges 124,361 (124,361 ) - Total revenues - 124,361 1,787,385 361,095 (124,361 ) 2,148,480 Expenses: Homebuilding 5,125 155,773 1,686,726 294,818 2,142,442 Financial services 105 6,490 25,377 31,972 Intercompany charges 124,360 1 (124,361 ) - Total expenses 5,230 155,773 1,817,576 320,196 (124,361 ) 2,174,414 Income from unconsolidated joint ventures 82 4,087 4,169 (Loss) income before income taxes (5,230 ) (31,412 ) (30,109 ) 44,986 - (21,765 ) State and federal income tax (benefit) provision (10,985 ) (30,486 ) 35,808 (2 ) (5,665 ) Equity in (loss) income from subsidiaries (21,855 ) 12,915 44,988 (36,048 ) - Net (loss) income $ (16,100 ) $ 11,989 $ (20,929 ) $ 44,988 $ (36,048 ) $ (16,100 )
Condensed Cash Flow Statement [Table Text Block]	(In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (332,193 ) $ (70,442 ) $ (199,944 ) $ 41,992 $ 228,394 $ (332,193 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 113,504 1,339 796,416 (53,119 ) (228,394 ) 629,746 Net cash (used in) provided by operating activities (218,689 ) (69,103 ) 596,472 (11,127 ) - 297,553 Cash flows from investing activities: Proceeds from sale of property and assets 245 25 270 Purchase of property, equipment and other fixed assets and acquisitions (6,478 ) (6,478 ) Increase in restricted cash related to mortgage company 2,555 2,555 Decrease in restricted cash related to letters of credit (3 ) (3 ) Investments in and advances to unconsolidated joint ventures (521 ) (13,407 ) (22,875 ) (36,803 ) Distributions of capital from unconsolidated joint ventures 45 13,259 13,304 Intercompany investing activities 222,627 (222,627 ) - Net cash provided by (used in) investing activities - 222,103 (19,595 ) (7,036 ) (222,627 ) (27,155 ) Cash flows from financing activities: Net payments from mortgages and notes (15,907 ) (3,286 ) (19,193 ) Net payments from model sale leaseback financing programs (12,973 ) (5,555 ) (18,528 ) Net proceeds from land bank financing programs (42,652 ) 85 (42,567 ) Net proceeds from senior secured notes 840,000 840,000 Payments related to senior notes, senior exchangeable notes and senior amortizing notes (861,976 ) (861,976 ) Net proceeds related to mortgage warehouse lines of credit (31,023 ) (31,023 ) Deferred financing costs from land bank financing program and note issuance (12,836 ) (1,462 ) (258 ) (14,556 ) Intercompany financing activities – net 218,689 (503,848 ) 62,532 222,627 - Net cash provided by (used in) financing activities 218,689 (34,812 ) (576,842 ) 22,495 222,627 (147,843 ) Net increase in cash - 118,188 35 4,332 - 122,555 Cash and cash equivalents balance, beginning of period - 261,553 (395 ) 85,607 - 346,765 Cash and cash equivalents balance, end of period $ - $ 379,741 $ (360 ) $ 89,939 $ - $ 469,320 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (2,819 ) $ 6,727 $ (13,274 ) $ 54,596 $ (48,049 ) $ (2,819 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 15,059 (26,032 ) 353,149 259 48,049 390,484 Net cash provided by (used in) operating activities 12,240 (19,305 ) 339,875 54,855 - 387,665 Cash flows from investing activities: Proceeds from sale of property and assets 685 79 764 Purchase of property, equipment and other fixed assets and acquisitions (7,977 ) (30 ) (8,007 ) Decrease in restricted cash related to mortgage company 2,034 2,034 Decrease in restricted cash related to letters of credit 872 872 Investments in and advances to unconsolidated joint ventures (290 ) (74 ) (49,541 ) (49,905 ) Distributions of capital from unconsolidated joint ventures 5,264 5,264 Intercompany investing activities 344,479 (344,479 ) - Net cash (used in) provided by investing activities - 345,061 (7,366 ) (42,194 ) (344,479 ) (48,978 ) Cash flows from financing activities: Net payments from mortgages and notes (60,535 ) (476 ) (61,011 ) Net payments from model sale leaseback financing programs (14,004 ) (3,134 ) (17,138 ) Net proceeds from land bank financing programs 53,654 11,980 65,634 Borrowings from revolving credit facility 5,000 5,000 Proceeds from senior secured term loan facility 75,000 75,000 Net proceeds from senior secured notes 71,250 71,250 Payments related to senior notes, senior exchangeable notes and senior amortizing notes (409,646 ) (409,646 ) Net proceeds related to mortgage warehouse lines of credit 36,713 36,713 Deferred financing costs from land bank financing program and note issuance (5,125 ) (4,812 ) (1,532 ) (11,469 ) Intercompany financing activities – net (12,240 ) (302,407 ) (29,832 ) 344,479 - Net cash (used in) provided by financing activities (12,240 ) (263,521 ) (328,104 ) 13,719 344,479 (245,667 ) Net increase in cash - 62,235 4,405 26,380 - 93,020 Cash and cash equivalents balance, beginning of period - 199,318 (4,800 ) 59,227 - 253,745 Cash and cash equivalents balance, end of period $ - $ 261,553 $ (395 ) $ 85,607 $ - $ 346,765 (In thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net (loss) income $ (16,100 ) $ 11,989 $ (20,929 ) $ 44,988 $ (36,048 ) $ (16,100 ) Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities 122,264 110,820 (456,704 ) (116,863 ) 36,048 (304,435 ) Net cash (used in) provided by operating activities 106,164 122,809 (477,633 ) (71,875 ) - (320,535 ) Cash flows from investing activities: Proceeds from sale of property and assets 1,556 17 1,573 Purchase of property, equipment and other fixed assets and acquisitions (2,054 ) (2,054 ) Decrease in restricted cash related to mortgage company 1,555 1,555 Decrease in restricted cash related to letters of credit 2,993 2,993 Investments in and advances to unconsolidated joint ventures 16 (114 ) (18,609 ) (18,707 ) Distributions of capital from unconsolidated joint ventures 315 646 16,151 17,112 Intercompany investing activities (313,174 ) 313,174 - Net cash provided by (used in) investing activities - (309,850 ) 34 (886 ) 313,174 2,472 Cash flows from financing activities: Net proceeds from mortgages and notes 27,881 11,502 39,383 Net proceeds from model sale leaseback financing programs 17,117 5,867 22,984 Net payments from land bank financing programs (6,198 ) (1,147 ) (7,345 ) Proceeds from senior notes 250,000 250,000 Payments related to senior notes and senior amortizing notes (65,053 ) (65,053 ) Borrowings from revolving credit facility 47,000 47,000 Net proceeds related to mortgage warehouse lines of credit 31,956 31,956 Deferred financing costs from land bank financing programs and note issuances (5,096 ) (2,732 ) (1,187 ) (9,015 ) Intercompany financing activities (106,164 ) 441,457 (22,119 ) (313,174 ) - Net cash provided by (used in) financing activities (106,164 ) 226,851 477,525 24,872 (313,174 ) 309,910 Net (decrease) increase in cash - 39,810 (74 ) (47,889 ) - (8,153 ) Cash and cash equivalents balance, beginning of period - 159,508 (4,726 ) 107,116 - 261,898 Cash and cash equivalents balance, end of period $ - $ 199,318 $ (4,800 ) $ 59,227 $ - $ 253,745

Note 23 - Unaudited Summarize45

Note 23 - Unaudited Summarized Consolidated Quarterly Information (Tables)	12 Months Ended
	Oct. 31, 2017
Notes Tables
Quarterly Financial Information [Table Text Block]	Three Months Ended (In thousands, except per share data) October 31, 2017 July 31, 2017 April 30, 2017 January 31, 2017 Revenues $ 721,686 $ 592,035 $ 585,935 $ 552,009 Expenses 703,964 591,872 586,877 554,482 Inventory impairment loss and land option write-offs 8,479 4,197 1,953 3,184 (Loss) gain on extinguishment of debt - (42,258 ) (242 ) 7,646 Income (loss) from unconsolidated joint ventures 3,062 (3,881 ) (4,562 ) (1,666 ) Income (loss) before income taxes 12,305 (50,173 ) (7,699 ) 323 State and federal income tax provision (benefit) 464 287,036 (1,017 ) 466 Net income (loss) $ 11,841 $ (337,209 ) $ (6,682 ) $ (143 ) Per share data: Basic: Income (loss) per common share $ 0.08 $ (2.28 ) $ (0.05 ) $ (0.00 ) Weighted-average number of common shares outstanding 147,905 147,748 147,558 147,535 Assuming dilution: Income (loss) per common share $ 0.08 $ (2.28 ) $ (0.05 ) $ (0.00 ) Weighted-average number of common shares outstanding 160,548 147,748 147,558 147,535 Three Months Ended (In thousands, except per share data) October 31, 2016 July 31, 2016 April 30, 2016 January 31, 2016 Revenues $ 805,069 $ 716,850 $ 654,723 $ 575,605 Expenses 760,171 711,791 661,312 575,638 Inventory impairment loss and land option write-offs 10,438 1,565 9,669 11,681 Loss on extinguishment of debt 3,200 - - - Income (loss) from unconsolidated joint ventures 881 (2,401 ) (1,346 ) (1,480 ) Income (loss) before income taxes 32,141 1,093 (17,604 ) (13,194 ) State and federal income tax provision (benefit) 9,852 1,567 (9,143 ) 2,979 Net income (loss) $ 22,289 $ (474 ) $ (8,461 ) $ (16,173 ) Per share data: Basic: Income (loss) per common share $ 0.14 $ (0.00 ) $ (0.06 ) $ (0.11 ) Weighted-average number of common shares outstanding 147,521 147,412 147,334 147,139 Assuming dilution: Income (loss) per common share $ 0.14 $ (0.00 ) $ (0.06 ) $ (0.11 ) Weighted-average number of common shares outstanding 160,590 147,412 147,334 147,139

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - October 31, 2016 [Member] $ in Millions	12 Months Ended
	Oct. 31, 2017USD ($)
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Nonrecourse Mortgages Secured by Inventory, Liabilities from Inventory not Owned and Notes Payable and Term Loan [Member]
Prior Period Reclassification Adjustment	$ 24.5
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Nonrecourse Mortgages Secured by Inventory [Member]
Prior Period Reclassification Adjustment	1.3
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Liabilities from Inventory not Owned [Member]
Prior Period Reclassification Adjustment	3
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Notes Payable and Term Loan [Member]
Prior Period Reclassification Adjustment	$ 20.2

Note 2 - Business (Details Text

Note 2 - Business (Details Textual)	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Number of Communities	130
Homebuilding [Member]
Number of Reportable Segments	6
Homebuilding [Member] | Segment Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	98.00%	97.00%	97.00%

Note 3 - Summary of Significa48

Note 3 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended			24 Months Ended
	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Oct. 31, 2017USD ($)
Cash Equivalents, at Carrying Value	$ 13,300	$ 9,400		$ 13,300
Number of Previously Mothballed Communities Sold During the Period	5
Number of Mothballed Communities Reactivated	2
Number of Communities Mothballed	22	29		22
Inventory Real Estate Mothballed Communities	$ 36,700	$ 74,400		$ 36,700
Inventory Real Estate Mothballed Communities Accumulated Impairment Charges	214,100	296,300		214,100
Inventory, Land Held-for-sale	23,600	48,700		23,600
General Liability Insurance Deductible	20,000	20,000	$ 20,000	20,000
Bodily Injury Insurance Deductible	250	250	250	250
Bodily Injury Insurance Limit	5,000	5,000	5,000	5,000
Aggregate Retention for Construction Defects Warranty and Bodily Injury Claims	21,000	21,000		21,000
Real Estate Inventory Expense Not Eligible for Capitalization	97,304	90,967	91,835
Advertising Expense	17,900	21,400	21,000
Allowance for Doubtful Accounts Receivable	7,300	7,600		$ 7,300
Allowance for Doubtful Accounts Receivable, Recoveries	200	800
Allowance for Doubtful Accounts Receivable, Write-offs	100	200
Provision for Doubtful Accounts	$ 1,000
Senior Exchangeable Note Units [Member]
Debt Instrument, Interest Rate, Stated Percentage	6.00%			6.00%
Joint Venture Investments [Member]
Equity Method Investment, Other than Temporary Impairment	$ 2,800	0	0
Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization	69,100	50,400	77,600
Completed Homes, Land in Planning and Fully Developed Lots without Homes under Construction [Member]
Real Estate Inventory Expense Not Eligible for Capitalization	$ 28,200	40,600	$ 14,200
Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member]
Joint Venture Voting Interest Percentage	50.00%			50.00%
Property, Plant and Equipment, Useful Life	40 years
Homebuilding [Member]
Liabilities from Inventory Real Estate Not Owned	$ 91,101	150,179		$ 91,101
Homebuilding [Member] | Real Estate Inventory [Member] | Minimum [Member]
Fair Value Inputs, Discount Rate				16.80%
Homebuilding [Member] | Real Estate Inventory [Member] | Maximum [Member]
Fair Value Inputs, Discount Rate				19.80%
Homebuilding [Member] | Model Sale Leaseback Financing Arrangements [Member]
Inventory Real Estate, Other Options	58,500	79,200		$ 58,500
Liabilities from Inventory Real Estate Not Owned	51,800	69,700		51,800
Homebuilding [Member] | Land Banking Arrangement [Member]
Inventory Real Estate, Other Options	66,300	129,500		66,300
Liabilities from Inventory Real Estate Not Owned	$ 39,300	$ 80,500		$ 39,300

Note 3 - Summary of Significa49

Note 3 - Summary of Significant Accounting Policies - Interest Costs Incurred, Expensed and Capitalized (Details) - USD ($) $ in Thousands		12 Months Ended
		Oct. 31, 2017		Oct. 31, 2016		Oct. 31, 2015
Interest capitalized at beginning of year		$ 96,688	[1]	$ 123,898	[1]	$ 109,158
Plus interest incurred(1)	[2]	160,203		166,824		166,188
Less cost of sales interest expensed		88,536		92,391		59,613
Less other interest expensed(2)(3)	[3],[4]	97,304		90,967		91,835
Less interest contributed to unconsolidated joint venture(4)	[5]			10,676
Interest capitalized at end of year(5)	[1]	$ 71,051		$ 96,688		$ 123,898
[1]	Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest.
[2]	Data does not include interest incurred by our mortgage and finance subsidiaries.
[3]	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:
[4]	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, which amounted to $69.1 million, $50.4 million and $77.6 million for the years ended October 31, 2017, 2016 and 2015, respectively. Other interest also includes interest on completed homes, land in planning and fully developed lots without homes under construction, which does not qualify for capitalization, and therefore, is expensed. This component of other interest was $28.2 million, $40.6 million and $14.2 million for the years ended October 31, 2017, 2016 and 2015.
[5]	Represents capitalized interest which was included as part of the assets contributed to the joint venture the Company entered into in November 2015, as discussed in Note 20. There was no impact to the Consolidated Statement of Operations as a result of this transaction.

Note 3 - Summary of Significa50

Note 3 - Summary of Significant Accounting Policies - Cash Paid for Interest, Net of Capitalized Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Other interest expensed	$ 97,304	$ 90,967	$ 91,835
Interest paid by our mortgage and finance subsidiaries	1,944	2,866	2,050
(Increase) decrease in accrued interest	(9,412)	7,963	(8,166)
Cash paid for interest, net of capitalized interest	$ 89,836	$ 101,796	$ 85,719

Note 4 - Leases (Details Textua

Note 4 - Leases (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Operating Leases, Rent Expense	$ 10.8	$ 12.8	$ 11.6
Minimum [Member]
Lessee, Operating Lease, Term of Contract	3 years
Minimum [Member] | Model Homes [Member]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
Lessee, Operating Lease, Term of Contract	5 years
Maximum [Member] | Model Homes [Member]
Lessee, Operating Lease, Term of Contract	3 years

Note 4 - Leases - Future Lease

Note 4 - Leases - Future Lease Payments (Details) $ in Thousands	Oct. 31, 2017USD ($)
2,018	$ 8,139
2,019	7,882
2,020	5,354
2,021	2,915
2,022	2,434
Thereafter	4,342
Total	$ 31,066

Note 5 - Property, Plant and 53

Note 5 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Property, Plant and Equipment, Net	$ 52,919	$ 50,332
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	69,342	$ 69,715
Corporate Headquarters Building [Member]
Property, Plant and Equipment, Net	34,700
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	26,400
Land [Member] | Corporate Headquarters Building [Member]
Property, Plant and Equipment, Net	1,000
Building [Member] | Corporate Headquarters Building [Member]
Property, Plant and Equipment, Net	$ 60,100

Note 5 - Property, Plant and 54

Note 5 - Property, Plant and Equipment - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Property, plant and equipment, gross	$ 122,261	$ 120,047
Less accumulated depreciation	69,342	69,715
Total	52,919	50,332
Land and Land Improvements [Member]
Property, plant and equipment, gross	2,625	2,398
Building [Member]
Property, plant and equipment, gross	69,279	67,860
Building Improvements [Member]
Property, plant and equipment, gross	9,458	8,231
Furniture and Fixtures [Member]
Property, plant and equipment, gross	5,571	5,788
Equipment, Including Capitalized Software [Member]
Property, plant and equipment, gross	$ 35,328	$ 35,770

Note 6 - Restricted Cash and 55

Note 6 - Restricted Cash and Deposits (Details Textual) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Restricted Cash and Cash Equivalents	$ 24,400	$ 22,900
Homebuilding [Member]
Restricted Cash and Cash Equivalents	2,077	3,914
Customer Deposits [Member] | Homebuilding [Member]
Restricted Cash and Cash Equivalents	400	2,200
Customer Deposits [Member] | Financial Services [Member]
Restricted Cash and Cash Equivalents	20,000	15,100
Mortgage Warehouse Lines of Credit [Member]
Restricted Cash and Cash Equivalents	$ 2,300	$ 3,900

Note 7 - Mortgage Loans Held 56

Note 7 - Mortgage Loans Held for Sale (Details Textual) $ in Millions	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)
Loans Pledged as Collateral	$ 119.6	$ 147.4
Number of Loans Reserved For	45	130

Note 7 - Mortgage Loans Held 57

Note 7 - Mortgage Loans Held for Sale - Loan Origination Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Loan origination reserves, beginning of period	$ 8,137	$ 8,025
Provisions for losses during the period	165	261
Adjustments to pre-existing provisions for losses from changes in estimates	(4,571)	48
Payments/settlements	(573)	(197)
Loan origination reserves, end of period	$ 3,158	$ 8,137

Note 8 - Mortgages and Notes 58

Note 8 - Mortgages and Notes Payable (Details Textual) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2013	Oct. 31, 2017	Oct. 31, 2016
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months		$ 56,002
Long-term Debt, Maturities, Repayments of Principal in Year Two		207,546
Long-term Debt, Maturities, Repayments of Principal in Year Three		235,961
Long-term Debt, Maturities, Repayments of Principal in Year Four		75,000
Long-term Debt, Maturities, Repayments of Principal in Year Five		635,000
Long-term Debt, Maturities, Repayments of Principal after Year Five		400,000
Letter of Credit [Member]
Letters of Credit Outstanding, Amount		$ 1,700	$ 1,700
Citi Bank [Member] | Revolving Credit Facility [Member]
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 75,000
Debt Instrument Basis Spread on Variable Rate Number of Business Days Prior to First Day of Interest Period Spread Determined		2 days
Long-term Line of Credit		$ 52,000	52,000
Letters of Credit Outstanding, Amount		14,600	17,900
JP Morgan Chase Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity		50,000
Warehouse Agreement Borrowings		$ 41,500	44,100
JP Morgan Chase Bank [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument Variable Rate Basis Adjusted London Interbank Offered Rate LIBOR		1.24%
JP Morgan Chase Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		2.50%
JP Morgan Chase Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		2.63%
Customers Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 50,000
Warehouse Agreement Borrowings		$ 40,700	38,800
Customers Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate		2.50%
Customers Bank [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate		5.25%
Homebuilding [Member]
Long-term Line of Credit		$ 52,000	52,000
Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member] | Homebuilding [Member]
Secured Debt		64,512	82,115
Debt Instrument, Collateral Amount		$ 157,800	$ 201,800
Debt, Weighted Average Interest Rate		5.30%	4.90%
Nonrecourse Mortgages Secured by Operating Properties [Member] | Mortgages [Member] | Corporate, Non-Segment [Member]
Secured Debt		$ 13,000	$ 14,300
Debt, Weighted Average Interest Rate		8.90%	8.80%
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months		$ 1,400
Long-term Debt, Maturities, Repayments of Principal in Year Two		1,500
Long-term Debt, Maturities, Repayments of Principal in Year Three		1,700
Long-term Debt, Maturities, Repayments of Principal in Year Four		1,800
Long-term Debt, Maturities, Repayments of Principal in Year Five		2,000
Long-term Debt, Maturities, Repayments of Principal after Year Five		4,600
Nonrecourse Mortgages Secured by Operating Properties [Member] | Mortgages [Member] | Homebuilding [Member]
Secured Debt		$ 13,012	$ 14,312
8.0% Senior Notes Due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage		8.00%
The 7.25% 2020 Notes, 9.125% 2020 Notes, 2018 10.0% Second Lien Notes and Term Loan [Member] | Senior Secured Notes [Member] | Letter of Credit [Member] | Restricted Cash [Member]
Cash Collateral for Borrowed Securities		$ 1,700	1,700
Comerica Master Repurchase Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity		50,000
Warehouse Agreement Borrowings		$ 32,400	29,800
Comerica Master Repurchase Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		2.50%
Debt Instrument Variable Rate Basis Floor Rate		0.25%
Credit Suisse Master Repurchase Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 50,000
Warehouse Agreement Borrowings		$ 0	$ 32,900

Note 9 - Senior Notes and Ter59

Note 9 - Senior Notes and Term Loan (Details Textual)		Jul. 31, 2017	Jul. 27, 2017USD ($)	Sep. 08, 2016USD ($)	May 15, 2016USD ($)	Jan. 15, 2016USD ($)	Jun. 01, 2013USD ($)	Nov. 01, 2011USD ($)	Nov. 30, 2016USD ($)shares	Sep. 30, 2016USD ($)shares	Oct. 31, 2017USD ($)		Jul. 31, 2017USD ($)	Apr. 30, 2017USD ($)	Jan. 31, 2017USD ($)	Oct. 31, 2016USD ($)		Jul. 31, 2016USD ($)	Apr. 30, 2016USD ($)	Jan. 31, 2016USD ($)	Oct. 31, 2017USD ($)shares		Oct. 31, 2016USD ($)		Oct. 31, 2015USD ($)	Nov. 15, 2017USD ($)	Oct. 11, 2016USD ($)	Oct. 02, 2012USD ($)$ / sharesshares
Interest Payable											$ 41,800,000					$ 32,400,000					$ 41,800,000		$ 32,400,000
Debt Issuance Costs, Net											$ 16,100,000										$ 16,100,000
Debt Covenant Fixed Charge Coverage Ratio Minimum											2										2
Gain (Loss) on Extinguishment of Debt													$ (42,258,000)	$ (242,000)	$ 7,646,000	3,200,000					$ (34,854,000)		(3,200,000)
Repayments of Senior Debt																					861,976,000		409,646,000		$ 65,053,000
Proceeds from Issuance of Debt				$ 146,300,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures											115,090,000					$ 100,502,000					$ 115,090,000		$ 100,502,000
Series A Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage																					7.625%
Senior Secured Notes [Member] | Real Estate Inventory [Member] | Term Loan Facility [Member]
Debt Instrument, Collateral Amount											419,900,000										$ 419,900,000
Senior Secured Notes [Member] | Cash and Cash Equivalents Collateral [Member] | Term Loan Facility [Member]
Debt Instrument, Collateral Amount											381,100,000										381,100,000
Senior Secured Notes [Member] | Restricted Cash [Member] | Term Loan Facility [Member]
Debt Instrument, Collateral Amount											1,700,000										1,700,000
Senior Notes and Senior Exchangeable Note Units [Member]
Debt Instrument, Repurchase Amount											$ 30,800,000										30,800,000
Gain (Loss) on Extinguishment of Debt																					$ 7,800,000
9.5 % Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage											9.50%										9.50%
Gain (Loss) on Extinguishment of Debt																					$ (400,000)
Senior Secured Term Loan [Member]
Debt Instrument, Voluntary Prepayment Premium, Aggregate Principal Amount, Percentage											1.00%										1.00%
Senior Secured Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate																					7.00%
Senior Secured Term Loan [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate																					6.00%
Senior Amortizing Notes [Member]
Debt Instrument, Periodic Payment, Interest							$ 39.83														$ 30
The 5.0% 2021 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage								5.00%			5.00%	[1],[2]				5.00%	[1],[2]				5.00%	[1],[2]	5.00%	[1],[2]
Debt Instrument, Face Amount								$ 141,800,000
The 2.0% 2021 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage								2.00%			2.00%	[1],[2]				2.00%	[1],[2]				2.00%	[1],[2]	2.00%	[1],[2]
Debt Instrument, Face Amount								$ 53,200,000
Debt Instrument, Redemption Price, Percentage								100.00%
The 9.50% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage				9.50%
The 9.50% 2020 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]										9.50%					9.50%					9.50%		9.50%
Debt Instrument, Face Amount				$ 75,000,000
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage			10.00%								10.00%	[1],[2]				10.00%	[1],[2]				10.00%	[1],[2]	10.00%	[1],[2]
Debt Instrument, Face Amount			$ 440,000,000
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Redemption Price, Percentage		105.00%
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Redemption Price, Percentage		102.50%
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.0% 2022 Notes [Member] | Senior Secured Notes [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		110.00%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		35.00%
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]										10.50%					10.50%					10.50%		10.50%
Debt Instrument, Face Amount			$ 400,000,000
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Redemption Price, Percentage		105.25%
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Redemption Price, Percentage		102.625%
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.5% 2024 Notes [Member] | Senior Secured Notes [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		110.50%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		35.00%
The 7.0% 2019 Notes [Member] | Senior Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage											7.00%										7.00%
Debt Instrument, Repurchased Face Amount											$ 17,500,000										$ 17,500,000
The 7.0% 2019 Notes [Member] | Senior Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Redemption Price, Percentage																					101.75%
The 7.0% 2019 Notes [Member] | Senior Notes [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument, Redemption Price, Percentage																					100.00%
The 7.0% 2019 Notes [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]										7.00%					7.00%					7.00%		7.00%
8.0% Senior Notes Due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage											8.00%										8.00%
8.0% Senior Notes Due 2019 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage											8.00%										8.00%
Debt Instrument, Repurchased Face Amount											$ 14,000,000										$ 14,000,000
Debt Instrument, Redemption Price, Percentage																					100.00%
8.0% Senior Notes Due 2019 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage																					100.00%
The 6.00% Exchangeable Note Units [Member] | Senior Exchangeable Note Units [Member]
Debt Instrument, Interest Rate, Stated Percentage																												6.00%
Debt Instrument, Repurchased Face Amount											$ 6,900,000										$ 6,900,000
Debt Instrument, Exchangeable, Number of Units Repurchased | shares									6,925	20,823											6,925
Debt Instrument, Face Amount																												$ 100,000,000
Note Units Number																												100,000
Note Units Stated Amount																												$ 1,000
Note Units Initial Principal Amount Exchangeable Note | $ / shares																												$ 768.51
Note Units Principal Amount at Maturity | $ / shares																												1,000
Note Units Initial Principal Amount Senior Amortizing Note | $ / shares																												$ 231.49
Debt Instrument, Interest Rate, Effective Percentage																												5.17%
Shares Issued Upon Conversion of Convertible Debt | shares																												185.5288
Share Price for Exchangeable Note Conversion | $ / shares																												$ 5.39
Senior Exchangeable Notes Exchanged for Class A Common Stock | shares																					18,305
Debt Conversion, Converted Instrument, Shares Issued | shares																					3,400,000
Exchangeable Note Unit Face Amount									$ 6,900,000	$ 20,600,000
The 7.25% 2020 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage			7.25%								7.25%	[1],[2]				7.25%	[1],[2]				7.25%	[1],[2]	7.25%	[1],[2]
Debt Instrument, Repurchased Face Amount			$ 575,912,000
The 7.25% 2020 Notes [Member] | Senior Secured Notes [Member] | Scenario, Forecast [Member]
Debt Instrument, Repurchased Face Amount																										$ 1,088,000
The 9.125% 2020 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage			9.125%								9.125%	[1],[2]				9.125%	[1],[2]				9.125%	[1],[2]	9.125%	[1],[2]
Debt Instrument, Repurchased Face Amount			$ 87,321,000
Extinguishment of Debt, Amount				$ 75,000,000
The 9.125% 2020 Notes [Member] | Senior Secured Notes [Member] | Scenario, Forecast [Member]
Debt Instrument, Repurchased Face Amount																										$ 57,679,000
The 10.0% 2018 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage				10.00%
The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage			10.00%								10.00%	[1],[2]				10.00%	[1],[2]				10.00%	[1],[2]	10.00%	[1],[2]
Debt Instrument, Repurchased Face Amount			$ 75,000,000
Debt Instrument, Face Amount				$ 75,000,000
The 7.25% 2020 Notes, The 9.125% 2020 Notes, and The 10.0% 2018 Notes [Member] | Senior Secured Notes [Member]
Gain (Loss) on Extinguishment of Debt			$ (42,300,000)
The 6.25% 2016 Notes [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage						6.25%
Repayments of Senior Debt						$ 172,700,000
The 7.5% 2016 Notes [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage					7.50%
Repayments of Senior Debt					$ 86,500,000
The 8.625% 2017 Notes [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage																											8.625%
Long-term Debt, Gross																											$ 121,000,000
Debt Instrument, Redemption, Aggregate Price																											$ 126,100,000
Term Loan [Member]
Debt Instrument, Face Amount				$ 75,000,000
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage																					100.00%
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Redemption Price, Percentage																					100.00%
9.5% Senior Secured Notes Due 2020 [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Redemption Price, Percentage																					35.00%
9.5% Senior Secured Notes Due 2020 [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage																					109.50%
Additional and Market Whole Amount [Member]
Debt Instrument, Redemption Price, Percentage								1.00%
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Secured Group [Member]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures											$ 88,200,000										$ 88,200,000
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Cash and Cash Equivalents Collateral [Member]
Debt Instrument, Collateral Amount											128,900,000										128,900,000
The 2.0% 2021 Notes Member and 5.0% 2021 Notes [Member] | Senior Secured Notes [Member] | Real Estate [Member]
Debt Instrument, Collateral Amount											$ 84,300,000										$ 84,300,000
The 11.0% 2017 Amortizing Note [Member] | Senior Amortizing Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]										11.00%					11.00%					11.00%		11.00%
Reclassification of Unamortized Debt Issuance Costs from Prepaid Expenses and Other Assets to Notes Payable and Term Loan [Member] | October 31, 2016 [Member]
Prior Period Reclassification Adjustment																					$ 20,200,000
[1]	"Notes payable and term loan" on our Consolidated Balance Sheets as of October 31, 2017 and October 31, 2016 consists of the total senior secured, senior, senior amortizing and senior exchangeable notes and senior secured term loan shown above, as well as accrued interest of $41.8 million and $32.4 million, respectively.
[2]	As discussed in Note 1, we adopted ASU 2015-03 in November 2016. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2017 presentation. As a result, $20.2 million of debt issuance costs at October 31, 2016, were reclassified from prepaids and other assets to a reduction in our senior secured term loan, senior secured, senior, senior amortizing and senior exchangeable notes. Debt issuance costs at October 31, 2017 were $16.1 million.

Note 9 - Senior Notes and Ter60

Note 9 - Senior Notes and Term Loan - Senior Secured, Senior and Senior Subordinated Notes (Details) - USD ($) $ in Thousands		Oct. 31, 2017	Oct. 31, 2016
Senior Notes		$ 1,609,509
Senior Secured Term Loan [Member]
Senior Notes	[1],[2]	72,987	$ 72,646
Senior Secured Notes [Member]
Senior Notes	[1],[2]	1,090,636	1,041,089
Senior Secured Notes [Member] | The 7.25% 2020 Notes [Member]
Senior Notes	[1],[2]		569,641
Senior Secured Notes [Member] | The 10.0% 2018 Notes [Member]
Senior Notes	[1],[2]		68,951
Senior Secured Notes [Member] | The 9.125% 2020 Notes [Member]
Senior Notes	[1],[2]		143,337
Senior Secured Notes [Member] | The 9.50% 2020 Notes [Member]
Senior Notes	[1],[2]	74,350	74,140
Senior Secured Notes [Member] | The 2.0% 2021 Notes [Member]
Senior Notes	[1],[2]	53,058	53,022
Senior Secured Notes [Member] | The 5.0% 2021 Notes [Member]
Senior Notes	[1],[2]	133,732	131,998
Senior Secured Notes [Member] | The 10.0% 2022 Notes [Member]
Senior Notes	[1],[2]	434,543
Senior Secured Notes [Member] | The 10.5% 2024 Notes [Member]
Senior Notes	[1],[2]	394,953
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Senior Notes	[1],[2]	366,250	396,148
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 7.0% 2019 Notes [Member]
Senior Notes	[1],[2]	131,957	148,800
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 8.0% Senior Notes Due 2019 [Member]
Senior Notes	[1],[2]	234,293	247,348
Senior Amortizing Notes [Member] | The 11.0% 2017 Amortizing Note [Member]
Senior Notes	[1],[2]	2,045	6,152
Senior Amortizing Notes [Member] | Senior Exchangeable Notes Due 2017 [Member]
Senior Notes	[1],[2]	$ 53,919	$ 57,298
[1]	"Notes payable and term loan" on our Consolidated Balance Sheets as of October 31, 2017 and October 31, 2016 consists of the total senior secured, senior, senior amortizing and senior exchangeable notes and senior secured term loan shown above, as well as accrued interest of $41.8 million and $32.4 million, respectively.
[2]	As discussed in Note 1, we adopted ASU 2015-03 in November 2016. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2017 presentation. As a result, $20.2 million of debt issuance costs at October 31, 2016, were reclassified from prepaids and other assets to a reduction in our senior secured term loan, senior secured, senior, senior amortizing and senior exchangeable notes. Debt issuance costs at October 31, 2017 were $16.1 million.

Note 9 - Senior Notes and Ter61

Note 9 - Senior Notes and Term Loan - Senior Secured, Senior and Senior Subordinated Notes (Details) (Parentheticals)		12 Months Ended
		Oct. 31, 2017		Oct. 31, 2016		Jul. 27, 2017	Sep. 08, 2016	Nov. 01, 2011
The 10.0% 2018 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage							10.00%
The 9.50% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage							9.50%
Senior Secured Notes [Member] | The 7.25% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.25%	[1],[2]	7.25%	[1],[2]	7.25%
Debt Instrument, Maturity Date	[1],[2]	Oct. 15, 2020		Oct. 15, 2020
Senior Secured Notes [Member] | The 10.0% 2018 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.00%	[1],[2]	10.00%	[1],[2]	10.00%
Debt Instrument, Maturity Date	[1],[2]	Oct. 15, 2018		Oct. 15, 2018
Senior Secured Notes [Member] | The 9.125% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		9.125%	[1],[2]	9.125%	[1],[2]	9.125%
Debt Instrument, Maturity Date	[1],[2]	Nov. 15, 2020		Nov. 15, 2020
Senior Secured Notes [Member] | The 9.50% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	9.50%		9.50%
Debt Instrument, Maturity Date	[1],[2]	Nov. 15, 2020		Nov. 15, 2020
Senior Secured Notes [Member] | The 2.0% 2021 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		2.00%	[1],[2]	2.00%	[1],[2]			2.00%
Debt Instrument, Maturity Date	[1],[2]	Nov. 1, 2021		Nov. 1, 2021
Senior Secured Notes [Member] | The 5.0% 2021 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		5.00%	[1],[2]	5.00%	[1],[2]			5.00%
Debt Instrument, Maturity Date	[1],[2]	Nov. 1, 2021		Nov. 1, 2021
Senior Secured Notes [Member] | The 10.0% 2022 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.00%	[1],[2]	10.00%	[1],[2]	10.00%
Debt Instrument, Maturity Date	[1],[2]	Jul. 15, 2022		Jul. 15, 2022
Senior Secured Notes [Member] | The 10.5% 2024 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	10.50%		10.50%
Debt Instrument, Maturity Date	[1],[2]	Jul. 15, 2024		Jul. 15, 2024
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 7.0% 2019 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	7.00%		7.00%
Debt Instrument, Maturity Date	[1],[2]	Jan. 15, 2019		Jan. 15, 2019
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 8.0% Senior Notes Due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	8.00%		8.00%
Debt Instrument, Maturity Date	[1],[2]	Nov. 1, 2019		Nov. 1, 2019
Senior Amortizing Notes [Member] | The 11.0% 2017 Amortizing Note [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	11.00%		11.00%
Debt Instrument, Maturity Date	[1],[2]	Dec. 1, 2017		Dec. 1, 2017
Senior Amortizing Notes [Member] | Senior Exchangeable Notes Due 2017 [Member]
Debt Instrument, Maturity Date	[1],[2]	Dec. 1, 2017		Dec. 1, 2017
[1]	"Notes payable and term loan" on our Consolidated Balance Sheets as of October 31, 2017 and October 31, 2016 consists of the total senior secured, senior, senior amortizing and senior exchangeable notes and senior secured term loan shown above, as well as accrued interest of $41.8 million and $32.4 million, respectively.
[2]	As discussed in Note 1, we adopted ASU 2015-03 in November 2016. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2017 presentation. As a result, $20.2 million of debt issuance costs at October 31, 2016, were reclassified from prepaids and other assets to a reduction in our senior secured term loan, senior secured, senior, senior amortizing and senior exchangeable notes. Debt issuance costs at October 31, 2017 were $16.1 million.

Note 9 - Senior Notes and Ter62

Note 9 - Senior Notes and Term Loan - Future Maturities of Borrowings (Details) $ in Thousands	Oct. 31, 2017USD ($)
2,018	$ 56,002
2,019	207,546
2,020	235,961
2,021	75,000
2,022	635,000
Thereafter	400,000
Total	$ 1,609,509

Note 10 - Operating and Repor63

Note 10 - Operating and Reporting Segments (Details Textual) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017USD ($)	Jul. 31, 2017USD ($)	Apr. 30, 2017USD ($)	Jan. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Jul. 31, 2016USD ($)	Apr. 30, 2016USD ($)	Jan. 31, 2016USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Real Estate Inventory Expense Not Eligible for Capitalization									$ 97,304	$ 90,967	$ 91,835
Gain (Loss) on Extinguishment of Debt		$ (42,258)	$ (242)	$ 7,646	$ 3,200				(34,854)	(3,200)
Increase (Decrease) In Construction Defect Reserves	12,500				(9,200)
Other Nonoperating Income (Expense)									(1,518)	(4,874)	(6,003)
Deferred Tax Assets, Net of Valuation Allowance					283,633					283,633
Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization									69,100	50,400	77,600
Corporate, Non-Segment [Member]
General and Administrative Expense									59,400	60,100	62,500
Gain (Loss) on Extinguishment of Debt									(34,900)	(3,200)
Increase (Decrease) In Construction Defect Reserves									12,500	(9,200)	(14,400)
Other Nonoperating Income (Expense)									900	800	5,500
Deferred Tax Assets, Net of Valuation Allowance					$ 283,600					283,600
Corporate, Non-Segment [Member] | Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization									$ 69,100	$ 50,400	$ 64,500
Homebuilding [Member]
Number of Reportable Segments									6

Note 10 - Operating and Repor64

Note 10 - Operating and Reporting Segments - Financial Information Relating to Segment Operations (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Total revenues		$ 721,686	$ 592,035	$ 585,935	$ 552,009	$ 805,069	$ 716,850	$ 654,723	$ 575,605	$ 2,451,665	$ 2,752,247	$ 2,148,480
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest		12,305	(50,173)	(7,699)	323	32,141	1,093	(17,604)	(13,194)	(45,244)	2,436	(21,765)
Total interest expense, net										185,210	182,595	150,382
Total depreciation										4,249	3,565	3,388
Net additions to operating properties and equipment										6,478	8,007	2,054
Income from unconsolidated joint ventures		$ 3,062	$ (3,881)	$ (4,562)	$ (1,666)	$ 881	$ (2,401)	$ (1,346)	$ (1,480)	(7,047)	(4,346)	4,169
Corporate, Non-Segment [Member]
Total revenues										1,066	141	(115)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	[1]									(174,958)	(105,306)	(118,121)
Total interest expense, net										69,124	50,387	64,545
Total depreciation										2,999	2,631	2,608
Net additions to operating properties and equipment										2,066	3,988	871
Homebuilding [Member] | Operating Segments [Member]
Total revenues										2,391,856	2,679,489	2,091,930
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										103,317	72,269	71,663
Total interest expense, net										116,716	132,971	86,903
Total depreciation										1,234	893	733
Net additions to operating properties and equipment										4,412	3,989	1,183
Homebuilding [Member] | Northeast [Member] | Operating Segments [Member]
Total revenues										209,509	278,028	189,497
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										2,300	(3,869)	(7,742)
Total interest expense, net										20,308	19,417	14,150
Total depreciation										71	62	136
Net additions to operating properties and equipment										442	78
Income from unconsolidated joint ventures										(4,376)	(2,639)	856
Homebuilding [Member] | Mid-Atlantic [Member] | Operating Segments [Member]
Total revenues										464,126	458,579	399,500
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										17,191	17,476	21,431
Total interest expense, net										23,886	23,662	16,268
Total depreciation										50	56	28
Net additions to operating properties and equipment										71	208	58
Income from unconsolidated joint ventures										1,180	(27)	4,502
Homebuilding [Member] | Midwest [Member] | Operating Segments [Member]
Total revenues										199,770	311,322	311,449
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										(1,151)	(11,416)	14,012
Total interest expense, net										7,799	12,275	10,405
Total depreciation										858	497	361
Net additions to operating properties and equipment										3,773	3,180	637
Income from unconsolidated joint ventures										(1,424)	(1,304)	(105)
Homebuilding [Member] | Southeast [Member] | Operating Segments [Member]
Total revenues										260,402	260,584	207,662
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										(6,199)	(17,791)	(6,330)
Total interest expense, net										13,646	16,770	9,552
Total depreciation										83	82	40
Net additions to operating properties and equipment										28	233	227
Income from unconsolidated joint ventures										837	(1,774)	1,213
Homebuilding [Member] | Southwest [Member] | Operating Segments [Member]
Total revenues										827,503	1,028,529	823,853
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										71,540	84,424	67,437
Total interest expense, net										25,278	37,552	26,147
Total depreciation										78	104	89
Net additions to operating properties and equipment										18	199	173
Income from unconsolidated joint ventures										(306)	(64)
Homebuilding [Member] | West [Member] | Operating Segments [Member]
Total revenues										430,546	342,447	159,969
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										19,636	3,445	(17,145)
Total interest expense, net										25,799	23,295	10,381
Total depreciation										94	92	79
Net additions to operating properties and equipment										80	91	88
Income from unconsolidated joint ventures										(2,958)	1,462	(2,297)
Financial Services [Member] | Operating Segments [Member]
Total revenues										58,743	72,617	56,665
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest										26,397	35,473	24,693
Total interest expense, net	[2]									(630)	(763)	(1,066)
Total depreciation										16	41	47
Net additions to operating properties and equipment											$ 30
[1]	Corporate and unallocated for the year ended October 31, 2017 included corporate general and administrative costs of $59.4 million, interest expense of $69.1 million (a component of Other interest on our Consolidated Statements of Operations), loss on extinguishment of debt of $34.9 million, $12.5 million adjustment for construction defect reserves (discussed in Note 16) and $0.9 million of other income and expenses primarily related to interest income, rental income, bond amortization and stock compensation. Corporate and unallocated for the year ended October 31, 2016 included corporate general and administrative costs of $60.1 million, interest expense of $50.4 million (a component of Other interest on our Consolidated Statements of Operations), loss on extinguishment of debt of $3.2 million, $(9.2) million adjustment for construction defect reserves (discussed in Note 16) and $0.8 million of other income and expenses primarily related to bond amortization, stock compensation and rental income. Corporate and unallocated for the year ended October 31, 2015 included corporate general and administrative costs of $62.5 million, interest expense of $64.5 million (a component of Other interest on our Consolidated Statements of Operations), $(14.4) million adjustment for construction defect reserves (discussed in Note 16) and $5.5 million of other income and expenses primarily related to bond amortization, stock compensation and rental income.
[2]	Financial services interest expenses are included in the Financial services lines on the Consolidated Statements of Operations in the respective revenues and expenses sections.

Note 10 - Operating and Repor65

Note 10 - Operating and Reporting Segments - Financial Information Relating to Segment Financial Position (Details) - USD ($) $ in Thousands		Oct. 31, 2017	Oct. 31, 2016
Assets		$ 1,900,898	$ 2,354,956
Investments in and advances to unconsolidated joint ventures		115,090	100,502
Corporate, Non-Segment [Member]
Assets	[1]	547,554	696,872
Investments in and advances to unconsolidated joint ventures		935	416
Homebuilding [Member]
Assets		1,738,785	1,874,093
Investments in and advances to unconsolidated joint ventures		115,090	100,502
Homebuilding [Member] | Operating Segments [Member]
Assets		1,191,231	1,460,854
Investments in and advances to unconsolidated joint ventures		114,155	100,086
Homebuilding [Member] | Northeast [Member] | Operating Segments [Member]
Assets		180,545	219,363
Investments in and advances to unconsolidated joint ventures		36,411	28,115
Homebuilding [Member] | Mid-Atlantic [Member] | Operating Segments [Member]
Assets		224,398	292,899
Investments in and advances to unconsolidated joint ventures		20,873	22,407
Homebuilding [Member] | Midwest [Member] | Operating Segments [Member]
Assets		84,960	111,596
Investments in and advances to unconsolidated joint ventures		4,268	5,516
Homebuilding [Member] | Southeast [Member] | Operating Segments [Member]
Assets		231,644	226,124
Investments in and advances to unconsolidated joint ventures		36,320	22,876
Homebuilding [Member] | Southwest [Member] | Operating Segments [Member]
Assets		294,337	341,472
Investments in and advances to unconsolidated joint ventures		11,832	3,625
Homebuilding [Member] | West [Member] | Operating Segments [Member]
Assets		175,347	269,400
Investments in and advances to unconsolidated joint ventures		4,451	17,547
Financial Services [Member]
Assets		162,113	197,230
Financial Services [Member] | Operating Segments [Member]
Assets		$ 162,113	$ 197,230
[1]	Includes $283.6 million of income taxes receivable - including deferred tax assets in fiscal 2016.

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Income Tax Expense (Benefit)	$ 464	$ 287,036	$ (1,017)	$ 466	$ 9,852	$ 1,567	$ (9,143)	$ 2,979		$ 286,949	$ 5,255	$ (5,665)
Deferred Tax Assets, Valuation Allowance	918,203				627,943					918,203	627,943
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	12,305	(50,173)	(7,699)	323	32,141	1,093	(17,604)	(13,194)		(45,244)	2,436	(21,765)
Gain (Loss) on Extinguishment of Debt		$ (42,258)	$ (242)	$ 7,646	3,200					(34,854)	$ (3,200)
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Refunds on Previous Taxes Paid, Percent											(114.80%)
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	300				300					300	$ 300
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense										(45)	(2)	(91)
Unrecognized Tax Benefits, Period Increase (Decrease)										(200)
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,100				$ 1,100					$ 1,100	1,100
Scenario, Forecast [Member]
Increase in Interest Incurred Per Year, Amount									$ 23,400
Earliest Tax Year [Member]
Open Tax Year										2,013
Latest Tax Year [Member]
Open Tax Year										2,016
Domestic Tax Authority [Member]
Operating Income (Loss)										$ 0	(4,400)	(3,700)
Income Tax Expense (Benefit)										275,688	2,798	(9,958)
Operating Loss Carryforwards	1,600,000									1,600,000
State and Local Jurisdiction [Member]
Operating Income (Loss)										(18,200)	(16,400)	(12,300)
Income Tax Expense (Benefit)										11,261	$ 2,457	$ 4,293
Operating Loss Carryforwards	2,300,000									2,300,000
Deferred Tax Assets, Valuation Allowance	918,200									918,200
State and Local Jurisdiction [Member] | Between 2018 and 2022 [Member]
Operating Loss Carryforwards	247,100									247,100
State and Local Jurisdiction [Member] | Between 2023 and 2027 [Member]
Operating Loss Carryforwards	463,100									463,100
State and Local Jurisdiction [Member] | Between 2028 and 2032 [Member]
Operating Loss Carryforwards	1,200,000									1,200,000
State and Local Jurisdiction [Member] | Between 2033 and 2037 [Member]
Operating Loss Carryforwards	$ 348,600									$ 348,600

Note 11 - Income Taxes - Income

Note 11 - Income Taxes - Income Taxes Payable (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Deferred		$ (285,578)
Total	2,227	(283,633)
State and Local Jurisdiction [Member]
Current	2,227	1,945
Deferred		(9,890)
Domestic Tax Authority [Member]
Current
Deferred		$ (275,688)

Note 11 - Income Taxes - Provis

Note 11 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Federal (1)	[1]										$ (2,796)	$ (1,497)
State (2)	[2]									1,371	1,200	523
Total current income tax expense (benefit):										1,371	(1,596)	(974)
Federal										275,688	5,594	(8,461)
State										9,890	1,257	3,770
Total deferred income tax expense (benefit):										285,578	6,851	(4,691)
Total		$ 464	$ 287,036	$ (1,017)	$ 466	$ 9,852	$ 1,567	$ (9,143)	$ 2,979	$ 286,949	$ 5,255	$ (5,665)
[1]	The current federal income tax did not include the use of federal net operating losses for the year ended October 31, 2017. The current federal income tax benefit is net of the use of federal net operating losses totaling $4.4 million and $3.7 million for the years ended October 31, 2016 and 2015, respectively.
[2]	The current state income tax expense (benefit) is net of the use of state net operating losses totaling $18.2 million, $16.4 million and $12.3 million for the years ended October 31, 2017, 2016 and 2015, respectively.

Note 11 - Income Taxes - Deferr

Note 11 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016
Depreciation	$ 246	$ 1,729
Inventory impairment loss	122,584	174,489
Uniform capitalization of overhead	5,766	6,802
Warranty and legal reserves	8,763	13,238
Deferred income	2,341	5,061
Acquisition intangibles	4,420	8,829
Other	20,678	22,862
Joint venture loss	12,028	4,171
Federal net operating losses	549,862	520,117
State net operating losses	172,307	170,014
Total deferred tax assets	948,668	974,422
Debt repurchase income	30,465	60,901
Total deferred tax liabilities	30,465	60,901
Valuation allowance	(918,203)	(627,943)
Net deferred income taxes		285,578
Rent on Abandoned Space [Member]
Other	101	1,006
Provision for Losses [Member]
Other	38,831	34,505
Restricted Stock [Member]
Share based compensation	4,202	4,526
Employee Stock Option [Member]
Share based compensation	$ 6,539	$ 7,073

Note 11 - Income Taxes - Effect

Note 11 - Income Taxes - Effective Tax Rate (Details)		12 Months Ended
		Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Computed “expected” tax rate		35.00%	35.00%	35.00%
State income taxes, net of federal income tax benefit		1.00%	65.40%	(15.60%)
Permanent differences, net		(2.40%)	222.20%	(0.40%)
Deferred tax asset valuation allowance impact		(667.80%)
Tax contingencies			0.30%	3.20%
Adjustments to prior years’ tax accruals(1)	[1]		(107.20%)	3.80%
Effective tax rate		(634.20%)	215.70%	26.00%
[1]	The adjustments to prior years' tax accruals includes the impact of a federal specified liability loss refund of taxes paid in fiscal year 2002 of (114.8%) for the year ended October 31, 2016.

Note 11 - Income Taxes - Unreco

Note 11 - Income Taxes - Unrecognized Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Unrecognized tax benefit—November 1,	$ 1.1	$ 1.1
Gross increases—tax positions in current period	0.2	0.2
Decrease related to tax positions taken during a prior period
Lapse of statute of limitations	(0.2)	(0.2)
Unrecognized tax benefit—October 31,	$ 1.1	$ 1.1

Note 12 - Reduction of Invent72

Note 12 - Reduction of Inventory to Fair Value (Details Textual) $ in Millions	12 Months Ended
	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Number of Communities Evaluated for Impairment	372	413
Number of Communities Performed Detailed Impairment Calculations	12	30
Carrying Value of Communities Tested for Impairment	$ 98	$ 125.4
Number of Communities Tested for Impairment for Which Undiscounted Future Cash Flow Only Exceeded Carrying Amount By Less Than 20 Percent	2	9
Carrying Value of Communities Tested for Impairment for Which Undiscounted Future Cash Flow Only Exceeded Carrying Amount by Less than 20 Percent	$ 45	$ 43.5
Percentage Undiscounted Cash Flow Exceeds Carrying Amount	20.00%
Impairment of Real Estate	$ 15.1	24.5	$ 7.3
Land Option Write Offs	2.7	8.9	4.7
Homebuilding [Member]
Impairment of Real Estate	15.1	24.5	7.3
Land Option Write Offs	$ 2.7	$ 8.9	$ 4.7
Homebuilding [Member] | Real Estate Inventory [Member] | Minimum [Member]
Fair Value Inputs, Discount Rate	18.30%	16.80%	17.30%
Homebuilding [Member] | Real Estate Inventory [Member] | Maximum [Member]
Fair Value Inputs, Discount Rate	19.80%	18.80%	19.80%

Note 12 - Reduction of Invent73

Note 12 - Reduction of Inventory to Fair Value - Inventory Impairments by Homebuilding Segment (Details) $ in Millions		12 Months Ended
		Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Dollar amount of impairment		$ 15.1	$ 24.5	$ 7.3
Homebuilding [Member]
Number of communities		10	20	12
Dollar amount of impairment		$ 15.1	$ 24.5	$ 7.3
Pre-impairment value	[1]	$ 52.9	$ 88.4	$ 29.4
Homebuilding [Member] | Northeast [Member]
Number of communities		2	5	2
Dollar amount of impairment		$ 3.3	$ 9.5	$ 0.8
Pre-impairment value	[1]	$ 22.2	$ 33.8	$ 0.9
Homebuilding [Member] | Mid-Atlantic [Member]
Number of communities		1		1
Dollar amount of impairment		$ 1.5		$ 0.9
Pre-impairment value	[1]	$ 8.5		$ 2.5
Homebuilding [Member] | Midwest [Member]
Number of communities		2	12	4
Dollar amount of impairment		$ 0.2	$ 13.5	$ 1.3
Pre-impairment value	[1]	$ 0.8	$ 43.7	$ 8.4
Homebuilding [Member] | Southeast [Member]
Number of communities		3	3	4
Dollar amount of impairment		$ 8.1	$ 1.5	$ 2.5
Pre-impairment value	[1]	$ 18.3	$ 10.9	$ 10.1
Homebuilding [Member] | Southwest [Member]
Number of communities
Dollar amount of impairment
Pre-impairment value	[1]
Homebuilding [Member] | West [Member]
Number of communities		2		1
Dollar amount of impairment		$ 2		$ 1.8
Pre-impairment value	[1]	$ 3.1		$ 7.5
[1]	Represents carrying value, net of prior period impairments, if any, at the time of recording the applicable period's impairments.

Note 12 - Reduction of Invent74

Note 12 - Reduction of Inventory to Fair Value - Write-offs and Lots Walked Away From (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Amount of write-offs	$ 2.7	$ 8.9	$ 4.7
Homebuilding [Member]
Amount of write-offs	2.7	8.9	4.7
Homebuilding [Member] | Northeast [Member]
Amount of write-offs	0.5	1.6	0.9
Homebuilding [Member] | Mid-Atlantic [Member]
Amount of write-offs	0.6	0.8	0.2
Homebuilding [Member] | Midwest [Member]
Amount of write-offs	0.3	1.3	0.6
Homebuilding [Member] | Southeast [Member]
Amount of write-offs	0.8	1.8	1.3
Homebuilding [Member] | Southwest [Member]
Amount of write-offs	0.4	3.2	1.4
Homebuilding [Member] | West [Member]
Amount of write-offs	$ 0.1	$ 0.2	$ 0.3

Note 13 - Per Share Calculati75

Note 13 - Per Share Calculations (Details Textual) - shares shares in Millions	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Non Vested Stock and Outstanding Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2.7		0.2
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	10	14.6	15.2
Out of the Money Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	4.6	7.3	3

Note 14 - Capital Stock (Detail

Note 14 - Capital Stock (Details Textual) $ / shares in Units, $ in Thousands	Jul. 12, 2005$ / sharesshares	Oct. 31, 2017USD ($)shares	Oct. 31, 2016USD ($)shares	Oct. 31, 2015USD ($)	Dec. 05, 2008	Aug. 15, 2008	Aug. 04, 2008	Jul. 03, 2001shares
Common Stock Dividends Percent of Increase from Class A to Class B		110.00%
Conversion of Stock From Class B to Class A Conversion Ratio		1
Shareholder Ownership Percentage of Increase							50.00%
Preferred Stock, Shares Issued		5,600	5,600
Defined Benefit Plan, Plan Assets, Contributions by Employer | $		$ 6,800	$ 6,600	$ 6,200
Minimum [Member]
Shareholder Ownership Percentage							5.00%
Common Class A [Member]
Common Stock Voting Rights Votes per Share Number		1
Shareholder Ownership Percentage						4.90%
Number of Rights						1
Shareholders Pre Existing Ownership Percentage					5.00%
Shareholders Current Ownership Percentage					5.00%
Shareholders Ownership Percentage on Transfers					5.00%
Shareholders Ownership Percentage Threshold					5.00%
Stock Repurchase Program, Number of Shares Authorized to be Repurchased								4,000,000
Stock Repurchased During Period, Shares		0
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased		500,000
Common Class B [Member]
Common Stock Voting Rights Votes per Share Number		10
Preferred Class A [Member]
Preferred Stock, Shares Issued	5,600
Preferred Stock, Dividend Rate, Percentage	7.625%
Preferred Stock, Liquidation Preference Per Share | $ / shares	$ 25,000
Preferred Stock, Depositary Shares, Number of Shares of Preferred Stock in Each Depositary Share	0.001
Payments of Dividends | $		$ 0	$ 0	$ 0

Note 15 - Stock Plans (Details

Note 15 - Stock Plans (Details Textual) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Oct. 31, 2017USD ($)$ / sharesshares	Oct. 31, 2017USD ($)$ / sharesshares	Oct. 31, 2016USD ($)$ / sharesshares	Oct. 31, 2015USD ($)$ / sharesshares
Allocated Share-based Compensation Expense | $		$ 600	$ 2,900	$ 8,800
Allocated Share-based Compensation Expense, Net of Tax | $			2,300	6,500
Share-based Compensation Arrangement by Share-based Payment Award, Number of Installments	4	4
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | $		$ 12		$ 15
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $			$ 0
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit | $ / shares		$ 1.54
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit | $ / shares		6.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares		1.33	$ 1	$ 1.47
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ / shares	$ 2.60	$ 2.60	$ 2.55	$ 2.78
Share-based Compensation Arrangement by Share-based Payment Award, Participants Years of Service		15 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		1,082,333
Share-based Compensation | $		$ 557	$ 2,921	$ 8,816
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		1,233,700
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	6,174,477	6,174,477	7,239,469
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	7,200,000	7,200,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 3,500	$ 3,500
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		1 year 160 days
Nonemployee Director [Member]
Number of Directors	5	5
Employee Stock Option [Member]
Allocated Share-based Compensation Expense | $		$ 500	$ 500	$ 2,200
Share-based Compensation Income | $			1,500
Performance Shares, Including LTIP [Member]
Share-based Compensation, Reverse of Previously Recognized Expense | $	$ 2,000	2,000	$ 2,100
Restricted Stock [Member]
Allocated Share-based Compensation Expense | $		$ 2,100
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		366,513	456,070	1,018,558
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		452,500	33,125	5,811
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options Vested, Number	312,419	312,419	224,326	538,892
Restricted Stock [Member] | Prior Period [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		101,218	176,944	97,854
Restricted Stock [Member] | Participants With Service Requirement [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Participants Age		58 years
Restricted Stock [Member] | Nonemployee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Installments	3	3
Share-based Compensation Arrangement by Share-based Payment Award, Post-vesting Holding Period		2 years
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		298,388	356,382	155,433
Restricted Stock [Member] | Participants Without Service Requirement [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Participants Age		60 years
Awards Other Than Options [Member]
Share-based Compensation | $		$ 21	$ 4,300	$ 6,500
Target 2016 LTIP Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Previous Period, Net of Forfeited in Current Period		2,400,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			2,800,000
Market Stock Units [Member]
Share-based Compensation, Reverse of Previously Recognized Expense | $		$ 1,200
Share-based Compensation Arrangement by Share-based Payment Award, Number of Installments	4	4
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		850,000	780,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	2,700,000	2,700,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Share-based Compensation Arrangement By Share-based Compensation Award Fair Value Measurement Period		60 days
Market Stock Units [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		0.00%
Market Stock Units [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		175.00%
Market Stock Units [Member] | Fiscal Year 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		34,355
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	700,000	700,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Adjustment for Shares Grants in Previous Period		25,000
Market Stock Units [Member] | Fiscal Year 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		48,032
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	400,000	400,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Adjustment for Shares Grants in Previous Period		200,000
Market Stock Units [Member] | Two Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.35%	0.73%	0.74%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		57.93%	56.50%	38.28%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%	0.00%
Market Stock Units [Member] | Two and a Half Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.43%	0.81%	0.95%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		54.61%	52.77%	42.01%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%	0.00%
Market Stock Units [Member] | Three Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.49%	0.87%	1.12%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		52.66%	50.34%	45.73%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%	0.00%
Market Stock Units [Member] | Four Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.63%	1.02%	1.44%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		48.85%	52.36%	59.08%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%	0.00%
Market Stock Units [Member] | Five Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		1.76%	1.17%	1.75%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		50.78%	61.08%	57.77%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%	0.00%	0.00%
Performance Based MSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Installments	4	4
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		2.05%	1.38%	2.03%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		0.53%	0.61%	0.58%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term		7 years 233 days	7 years 131 days	7 years 80 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Estimated Forfeiture Rate		9.92%	10.90%	8.84%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0.00%

Note 15 - Stock Plans - Stock O

Note 15 - Stock Plans - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Options outstanding at beginning of period (in shares)	7,373,951	6,393,876	6,720,251
Options outstanding at beginning of period (in dollars per share)	$ 4.03	$ 4.78	$ 5.23
Granted (in shares)	236,250	1,148,481	173,750
Granted (in dollars per share)	$ 2.34	$ 1.95	$ 2.47
Exercised (in shares)	48,250		18,125
Exercised (in dollars per share)	$ 2.07		$ 2.48
Forfeited (in shares)	452,375	51,125	203,436
Forfeited (in dollars per share)	$ 5.85	$ 2.73	$ 3.78
Expired (in shares)	248,875	117,281	278,564
Expired (in dollars per share)	$ 16.68	$ 25.05	$ 15.04
Options outstanding at end of period (in shares)	6,860,701	7,373,951	6,393,876
Options outstanding at end of period (in dollars per share)	$ 3.40	$ 4.03	$ 4.78
Options exercisable at end of period (in shares)	5,259,011	5,071,181	4,566,290

Note 15 - Stock Plans - Stock79

Note 15 - Stock Plans - Stock Options Outstanding and Exercisable (Details)	12 Months Ended
	Oct. 31, 2017$ / sharesshares
Lower limit exercise price (in dollars per share)	$ 1.54
Upper limit exercise price (in dollars per share)	$ 6.46
Number outstanding (in shares) | shares	6,860,701
Weighted-average exercise price - outstanding (in dollars per share)	$ 3.41
Weighted-average remaining contractual life - outstanding (Year)	4 years 80 days
Number exercisable (in shares) | shares	5,259,011
Weighted-average exercise price - exercisable (in dollars per share)	$ 3.69
Weighted-average remaining contractual life - exercisable (Year)	2 years 350 days
Range One [Member]
Lower limit exercise price (in dollars per share)	$ 1.54
Upper limit exercise price (in dollars per share)	$ 2.41
Number outstanding (in shares) | shares	2,320,409
Weighted-average exercise price - outstanding (in dollars per share)	$ 2.01
Weighted-average remaining contractual life - outstanding (Year)	6 years 259 days
Number exercisable (in shares) | shares	1,003,714
Weighted-average exercise price - exercisable (in dollars per share)	$ 2
Weighted-average remaining contractual life - exercisable (Year)	4 years 7 days
Range Two [Member]
Lower limit exercise price (in dollars per share)	$ 2.42
Upper limit exercise price (in dollars per share)	$ 4.41
Number outstanding (in shares) | shares	2,496,542
Weighted-average exercise price - outstanding (in dollars per share)	$ 2.84
Weighted-average remaining contractual life - outstanding (Year)	3 years 94 days
Number exercisable (in shares) | shares	2,322,797
Weighted-average exercise price - exercisable (in dollars per share)	$ 2.77
Weighted-average remaining contractual life - exercisable (Year)	2 years 350 days
Range Three [Member]
Lower limit exercise price (in dollars per share)	$ 4.42
Upper limit exercise price (in dollars per share)	$ 6.46
Number outstanding (in shares) | shares	2,043,750
Weighted-average exercise price - outstanding (in dollars per share)	$ 5.70
Weighted-average remaining contractual life - outstanding (Year)	2 years 208 days
Number exercisable (in shares) | shares	1,932,500
Weighted-average exercise price - exercisable (in dollars per share)	$ 5.66
Weighted-average remaining contractual life - exercisable (Year)	2 years 146 days

Note 15 - Stock Plans - Nonvest

Note 15 - Stock Plans - Nonvested Share Awards (Details)	12 Months Ended
	Oct. 31, 2017$ / sharesshares
Nonvested at beginning of period (in shares) | shares	7,239,469
Nonvested at beginning of period (in dollars per share) | $ / shares	$ 2.80
Granted (in shares) | shares	1,233,700
Granted (in dollars per share) | $ / shares	$ 2.56
Vested (in shares) | shares	1,216,359
Vested (in dollars per share) | $ / shares	$ 4.92
Forfeited (in shares) | shares	1,082,333
Forfeited (in dollars per share) | $ / shares	$ 2.59
Nonvested at end of period (in shares) | shares	6,174,477
Nonvested at end of period (in dollars per share) | $ / shares	$ 2.36

Note 16 - Warranty Costs (Detai

Note 16 - Warranty Costs (Details Textual) $ in Thousands	3 Months Ended		12 Months Ended
	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Cash Received from Subcontractors for Owner Controlled Insurance Program			$ 4,100	$ 4,200
General Liability Insurance Deductible	$ 20,000	$ 20,000	20,000	20,000	$ 20,000
Bodily Injury Insurance Deductible	250	250	250	250	250
Bodily Injury Insurance Limit	5,000	5,000	5,000	5,000	$ 5,000
Aggregate Retention for Construction Defects Warranty and Bodily Injury Claims	21,000	21,000	21,000	21,000
Increase (Decrease) In Construction Defect Reserves	12,500	$ (9,200)
Standard Product Warranty Accrual, Period Increase (Decrease)	$ (4,600)
Payments by Insurance Companies for Claims			$ 900	$ 4,000
Homebuilding [Member] | Northeast [Member]
Number of Construction Defect Claims Settled During the Period				2

Note 16 - Warranty Costs - Warr

Note 16 - Warranty Costs - Warranty and General Liability Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Balance, beginning of period	$ 121,144	$ 135,053
Charges incurred during the period	(28,019)	(29,965)
Changes to pre-existing reserves	7,872	(9,199)
Changes to reserves where corresponding amounts are recorded as receivables from insurance carriers		(9,505)
Balance, end of period	127,702	121,144
Selling, General and Administrative Expenses [Member]
Additions	10,870	17,363
Cost of Sales [Member]
Additions	$ 15,835	$ 17,397

Note 17 - Transactions With R83

Note 17 - Transactions With Related Parties (Details Textual) - USD ($)	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Tavit Najarian [Member]
Related Party Transaction, Amounts of Transaction	$ 800,000	$ 1,000,000	$ 1,200,000
Carson Sorsby [Member] | Compensation [Member]
Related Party Transaction, Amounts of Transaction	191,000	152,000	$ 129,000
Alexander Hovnanian [Member] | Compensation [Member]
Related Party Transaction, Amounts of Transaction	$ 336,000	$ 166,000

Note 18 - Commitments and Con84

Note 18 - Commitments and Contingent Liabilities (Details Textual) - USD ($)	Dec. 18, 2017	Nov. 18, 2017	Jun. 01, 2017	Oct. 31, 2017
Grandview at Riverwalk Port Imperial Condominium Association Construction Defect Lawsuit [Member]
Loss Contingency, Damages Sought, Value				$ 41,300,000
Loss Contingency, Damages Awarded, Value			$ 9,000,000
Grandview at Riverwalk Port Imperial Condominium Association Construction Defect Lawsuit [Member] | Minimum [Member]
Loss Contingency, Estimate of Possible Loss				0
Grandview at Riverwalk Port Imperial Condominium Association Construction Defect Lawsuit [Member] | Maximum [Member]
Loss Contingency, Estimate of Possible Loss				10,800,000
Grandview at Riverwalk Port Imperial Condominium Association Construction Defect Lawsuit [Member] | Breach of Warranty and New Jersey Fraud Claims Prior to Statutory Trebling [Member]
Loss Contingency, Damages Awarded, Value			$ 3,000,000
Grandview at Riverwalk Port Imperial Condominium Association Construction Defect Lawsuit [Member] | Attorney Fees and Costs [Member] | Subsequent Event [Member]
Litigation Settlement, Amount Awarded to Other Party		$ 1,800,000
Litigation Settlement, Amount Sought from Other Party		$ 4,800,000
Construction and Design Defects Lawsuit from Second Condominium Association [Member] | Minimum [Member]
Loss Contingency, Damages Sought, Value				69,000,000
Construction and Design Defects Lawsuit from Second Condominium Association [Member] | Maximum [Member]
Loss Contingency, Damages Sought, Value				$ 79,000,000
Class Action Lawsuit Filed by Plaintiff Joseph Hong [Member] | Subsequent Event [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 275,000

Note 19 - Variable Interest E85

Note 19 - Variable Interest Entities (Details Textual) $ in Millions	Oct. 31, 2017USD ($)
Deposits Associated with Land and Lot Options of Unconsolidated Variable Interest Entities	$ 57.1
Purchase Price Associated with Land and Lot Options of Unconsolidated Variable Interest Entities	$ 1,000

Note 20 - Investments in Unco86

Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Details Textual) $ in Thousands	1 Months Ended	3 Months Ended		12 Months Ended
	Nov. 30, 2015USD ($)	Jan. 31, 2017USD ($)	Jul. 31, 2016USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Proceeds from Transfer of Land to Joint Venture	$ 25,700	$ 11,200	$ 29,800
Number of Owned Communities Transferred to the Joint Venture		1	8
Number of Optioned Communities Transferred to the Joint Venture		3	1
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures				$ 115,090	$ 100,502
Joint Venture Financing Percent of Assets				50.00%
Joint Venture Total Debt to Capitalization Ratio				51.00%
Joint Venture Investments [Member]
Equity Method Investment, Other than Temporary Impairment				$ 2,800	0	$ 0
Homebuilding [Member]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures				115,090	100,502
Management Fees Revenue				11,300	5,800	$ 5,200
Corporate Joint Venture [Member]
Advances to Affiliate				$ 22,400	$ 8,900
Joint Venture Total Debt to Capitalization Ratio				51.00%	41.00%

Note 20 - Investments in Unco87

Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Debt to capitalization ratio	51.00%								51.00%
Our share of net (loss) income	$ 3,062	$ (3,881)	$ (4,562)	$ (1,666)	$ 881	$ (2,401)	$ (1,346)	$ (1,480)	$ (7,047)	$ (4,346)	$ 4,169
Corporate Joint Venture [Member]
Cash and cash equivalents	60,774				50,020				60,774	50,020
Inventories	675,179				527,957				675,179	527,957
Other assets	36,026				25,865				36,026	25,865
Total assets	771,979				603,842				771,979	603,842
Accounts payable and accrued liabilities	122,075				74,114				122,075	74,114
Notes payable	330,642				217,172				330,642	217,172
Total liabilities	452,717				291,286				452,717	291,286
Hovnanian Enterprises, Inc.	92,630				91,599				92,630	91,599
Others	226,632				220,957				226,632	220,957
Total equity	319,262				312,556				319,262	312,556
Total liabilities and equity	$ 771,979				$ 603,842				$ 771,979	$ 603,842
Debt to capitalization ratio	51.00%				41.00%				51.00%	41.00%
Revenues									$ 317,849	$ 147,717	128,974
Cost of sales and expenses									(329,147)	(165,534)	(132,170)
Joint venture net (loss) income									(11,298)	(17,817)	(3,196)
Our share of net (loss) income									(6,663)	(4,326)	4,219
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member]
Cash and cash equivalents	$ 60,580				$ 48,542				60,580	48,542
Inventories	666,017				516,947				666,017	516,947
Other assets	36,026				25,865				36,026	25,865
Total assets	762,623				591,354				762,623	591,354
Accounts payable and accrued liabilities	121,646				72,302				121,646	72,302
Notes payable	330,642				214,911				330,642	214,911
Total liabilities	452,288				287,213				452,288	287,213
Hovnanian Enterprises, Inc.	88,884				88,379				88,884	88,379
Others	221,451				215,762				221,451	215,762
Total equity	310,335				304,141				310,335	304,141
Total liabilities and equity	$ 762,623				$ 591,354				$ 762,623	$ 591,354
Debt to capitalization ratio	52.00%				41.00%				52.00%	41.00%
Revenues									$ 312,164	$ 141,418	122,192
Cost of sales and expenses									(324,514)	(159,431)	(125,652)
Joint venture net (loss) income									(12,350)	(18,013)	(3,460)
Our share of net (loss) income									(7,189)	(4,424)	4,087
Land Development Joint Venture [Member] | Corporate Joint Venture [Member]
Cash and cash equivalents	$ 194				$ 1,478				194	1,478
Inventories	9,162				11,010				9,162	11,010
Other assets
Total assets	9,356				12,488				9,356	12,488
Accounts payable and accrued liabilities	429				1,812				429	1,812
Notes payable					2,261					2,261
Total liabilities	429				4,073				429	4,073
Hovnanian Enterprises, Inc.	3,746				3,220				3,746	3,220
Others	5,181				5,195				5,181	5,195
Total equity	8,927				8,415				8,927	8,415
Total liabilities and equity	$ 9,356				$ 12,488				$ 9,356	$ 12,488
Debt to capitalization ratio	0.00%				21.00%				0.00%	21.00%
Revenues									$ 5,685	$ 6,299	6,782
Cost of sales and expenses									(4,633)	(6,103)	(6,518)
Joint venture net (loss) income									1,052	196	264
Our share of net (loss) income									$ 526	$ 98	$ 132

Note 21 - Fair Value of Finan88

Note 21 - Fair Value of Financial Instruments (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Loans Held for Sale Mortgages Unpaid Principal	$ 128.4	$ 149.4
Other Commitment	19.5
Impairment of Real Estate	15.1	24.5	$ 7.3
Fair Value, Inputs, Level 2 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Notes Payable, Fair Value Disclosure	383.7	251.7
Fair Value, Inputs, Level 3 [Member] | Senior Secured Notes [Member]
Notes Payable, Fair Value Disclosure	1,200	883
Fair Value, Inputs, Level 3 [Member] | Senior Amortizing Notes [Member]
Notes Payable, Fair Value Disclosure	2.1	6.3
Fair Value, Inputs, Level 3 [Member] | Senior Exchangeable Notes [Member]
Notes Payable, Fair Value Disclosure	54.2	$ 55.2
Loan Origination Commitments [Member]
Loan Applications in Process	$ 486.5
Loan Origination Commitments [Member] | Maximum [Member]
Number of Days in Committment	60 days
Interest Rate Committed Loan Applications [Member]
Interest Rate Committed Loan Applications	$ 31.2

Note 21 - Fair Value of Finan89

Note 21 - Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands		Oct. 31, 2017	Oct. 31, 2016
Total		$ 132,425	$ 165,083
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Mortgage loans held for sale	[1]	132,424	165,077
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Lock Commitments [Member]
Derivative Fair Value		(14)	(80)
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Forward Contracts [Member]
Derivative Fair Value		$ 15	$ 86
[1]	The aggregate unpaid principal balance was $128.4 million and $149.4 million at October 31, 2017 and 2016, respectively.

Note 21 - Fair Value of Finan90

Note 21 - Fair Value of Financial Instruments - Changes in Fair Values Included in Income (Loss) (Details) - Financial Services Revenue Line Item [Member] - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Loans Held for Sale [Member]
Fair value included in net loss all reflected in financial services revenues	$ 4,256	$ 4,711	$ (284)
Interest Rate Lock Commitments [Member]
Fair value included in net loss all reflected in financial services revenues	(14)	(73)	(22)
Forward Contracts [Member]
Fair value included in net loss all reflected in financial services revenues	$ 15	$ (422)	$ 829

Note 21 - Fair Value of Finan91

Note 21 - Fair Value of Financial Instruments - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Total Losses	$ (15,100)	$ (24,500)	$ (7,300)
Sold and Unsold Homes and Lots Under Development [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Pre-Impairment Amount	30,022	61,584
Total Losses	(11,658)	(19,006)
Fair Value of Inventory	18,364	42,578
Land and Land Options Held for Future Development or Sale [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Pre-Impairment Amount	22,850	26,783
Total Losses	(3,403)	(5,466)
Fair Value of Inventory	$ 19,447	$ 21,317

Note 22 - Financial Informati92

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors (Details Textual) - USD ($)		12 Months Ended
		Oct. 31, 2017		Jul. 27, 2017	Oct. 31, 2016		Sep. 08, 2016
Direct or Indirect Ownership in Guarantor Subsidiaries Percentage		100.00%
The 9.50% 2020 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage							9.50%
Senior Secured Notes [Member] | The 9.50% 2020 Notes [Member]
Debt Instrument, Face Amount							$ 75,000,000
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	9.50%			9.50%
Senior Secured Notes [Member] | The 10.0% 2022 Notes [Member]
Debt Instrument, Face Amount				$ 440,000,000
Debt Instrument, Interest Rate, Stated Percentage		10.00%	[1],[2]	10.00%	10.00%	[1],[2]
Senior Secured Notes [Member] | The 10.5% 2024 Notes [Member]
Debt Instrument, Face Amount				$ 400,000,000
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	10.50%			10.50%
Senior Secured Notes [Member] | Subsidiary Issuer [Member]
Debt Instrument, Face Amount		$ 1,110,000,000
Senior Notes		$ 1,090,600,000
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 7.0% 2019 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	7.00%			7.00%
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | The 8.0% Senior Notes Due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]	8.00%			8.00%
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member] | Subsidiary Issuer [Member]
Debt Instrument, Face Amount		$ 368,500,000
Senior Notes		366,300,000
Senior Amortizing Notes [Member] | Subsidiary Issuer [Member]
Debt Instrument, Face Amount		2,100,000
Senior Notes		2,000,000
Senior Exchangeable Notes [Member] | Subsidiary Issuer [Member]
Debt Instrument, Face Amount		53,900,000
Senior Notes		$ 53,900,000
[1]	"Notes payable and term loan" on our Consolidated Balance Sheets as of October 31, 2017 and October 31, 2016 consists of the total senior secured, senior, senior amortizing and senior exchangeable notes and senior secured term loan shown above, as well as accrued interest of $41.8 million and $32.4 million, respectively.
[2]	As discussed in Note 1, we adopted ASU 2015-03 in November 2016. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2017 presentation. As a result, $20.2 million of debt issuance costs at October 31, 2016, were reclassified from prepaids and other assets to a reduction in our senior secured term loan, senior secured, senior, senior amortizing and senior exchangeable notes. Debt issuance costs at October 31, 2017 were $16.1 million.

Note 22 - Financial Informati93

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors - Consolidating Condensed Financial Statements - Balance Sheets (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Assets	$ 1,900,898	$ 2,354,956
Intercompany receivable
Investments in and amounts due from consolidated subsidiaries
Liabilities	2,361,269	2,483,466
Income taxes (receivable) payable	2,227
Notes payable and term loan and Revolving credit facility	1,679,674	1,657,758
Intercompany payable
Amounts due to consolidated subsidiaries
Stockholders’ (deficit) equity	(460,371)	(128,510)	$ (128,084)	$ (117,799)
Total liabilities and equity	1,900,898	2,354,956
Income taxes receivable		283,633
Homebuilding [Member]
Assets	1,738,785	1,874,093
Homebuilding, excluding Notes payable and term loan and Revolving credit facility	537,454	653,263
Liabilities	2,217,128	2,311,021
Financial Services [Member]
Assets	162,113	197,230
Liabilities	141,914	172,445
Consolidation, Eliminations [Member]
Assets	(1,449,340)	(1,757,988)
Intercompany receivable	(1,072,376)	(1,315,446)
Investments in and amounts due from consolidated subsidiaries	(376,964)	(442,542)
Income taxes (receivable) payable
Notes payable and term loan and Revolving credit facility
Intercompany payable	(1,072,379)	(1,315,446)
Amounts due to consolidated subsidiaries	(348,423)	(82,951)
Stockholders’ (deficit) equity	(28,538)	(359,591)
Total liabilities and equity	(1,449,340)	(1,757,988)
Consolidation, Eliminations [Member] | Homebuilding [Member]
Assets
Homebuilding, excluding Notes payable and term loan and Revolving credit facility
Parent Company [Member] | Reportable Legal Entities [Member]
Assets		115,940
Intercompany receivable
Income taxes (receivable) payable	(2)
Notes payable and term loan and Revolving credit facility
Intercompany payable	148,385	157,993
Amounts due to consolidated subsidiaries	311,248	82,951
Stockholders’ (deficit) equity	(460,371)	(128,510)
Total liabilities and equity		115,940
Income taxes receivable		115,940
Parent Company [Member] | Reportable Legal Entities [Member] | Homebuilding [Member]
Assets
Homebuilding, excluding Notes payable and term loan and Revolving credit facility	740	3,506
Subsidiary Issuer [Member] | Reportable Legal Entities [Member]
Assets	1,436,252	1,444,867
Intercompany receivable	1,046,796	1,227,334
Investments in and amounts due from consolidated subsidiaries		4,914
Income taxes (receivable) payable
Notes payable and term loan and Revolving credit facility	1,677,891	1,652,357
Intercompany payable
Amounts due to consolidated subsidiaries	37,175
Stockholders’ (deficit) equity	(279,050)	(208,608)
Total liabilities and equity	1,436,252	1,444,867
Income taxes receivable		(58,597)
Subsidiary Issuer [Member] | Reportable Legal Entities [Member] | Homebuilding [Member]
Assets	389,456	271,216
Homebuilding, excluding Notes payable and term loan and Revolving credit facility	236	1,118
Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]
Assets	1,344,997	1,871,606
Intercompany receivable
Investments in and amounts due from consolidated subsidiaries	376,964	437,628
Income taxes (receivable) payable	2,229
Notes payable and term loan and Revolving credit facility	1,377	5,084
Intercompany payable	923,994	1,157,453
Amounts due to consolidated subsidiaries
Stockholders’ (deficit) equity	(69,376)	130,568
Total liabilities and equity	1,344,997	1,871,606
Income taxes receivable		226,258
Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member] | Homebuilding [Member]
Assets	949,032	1,194,267
Homebuilding, excluding Notes payable and term loan and Revolving credit facility	467,613	565,163
Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member] | Financial Services [Member]
Assets	19,001	13,453
Liabilities	19,160	13,338
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]
Assets		680,531
Intercompany receivable	25,580	88,112
Investments in and amounts due from consolidated subsidiaries
Income taxes (receivable) payable
Notes payable and term loan and Revolving credit facility	406	317
Intercompany payable
Amounts due to consolidated subsidiaries
Stockholders’ (deficit) equity	376,964	437,631
Total liabilities and equity	568,989	680,531
Income taxes receivable		32
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member] | Homebuilding [Member]
Assets	400,297	408,610
Homebuilding, excluding Notes payable and term loan and Revolving credit facility	68,865	83,476
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member] | Financial Services [Member]
Assets	143,112	183,777
Liabilities	$ 122,754	$ 159,107

Note 22 - Financial Informati94

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors - Consolidating Condensed Financial Statements - Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Total revenues	$ 721,686	$ 592,035	$ 585,935	$ 552,009	$ 805,069	$ 716,850	$ 654,723	$ 575,605	$ 2,451,665	$ 2,752,247	$ 2,148,480
Total expenses	703,964	591,872	586,877	554,482	760,171	711,791	661,312	575,638	2,455,008	2,742,265	2,174,414
Gain (Loss) on Extinguishment of Debt		(42,258)	(242)	7,646	3,200				(34,854)	(3,200)
Income (loss) from unconsolidated joint ventures	3,062	(3,881)	(4,562)	(1,666)	881	(2,401)	(1,346)	(1,480)	(7,047)	(4,346)	4,169
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	12,305	(50,173)	(7,699)	323	32,141	1,093	(17,604)	(13,194)	(45,244)	2,436	(21,765)
State and federal income tax (benefit) provision	464	287,036	(1,017)	466	9,852	1,567	(9,143)	2,979	286,949	5,255	(5,665)
Net loss	$ 11,841	$ (337,209)	$ (6,682)	$ (143)	$ 22,289	$ (474)	$ (8,461)	$ (16,173)	(332,193)	(2,819)	(16,100)
Homebuilding [Member]
Homebuilding revenue									2,392,922	2,679,630	2,091,815
Total expenses									2,422,662	2,705,121	2,142,442
Financial Services [Member]
Financial services revenue									58,743	72,617	56,665
Total expenses									32,346	37,144	31,972
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Intercompany charges									88,601	112,169	124,360
Total revenues									2,038,395	2,243,944	1,787,385
Total expenses									2,041,971	2,266,679	1,817,576
Income (loss) from unconsolidated joint ventures									142	78	82
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest									(3,434)	(22,657)	(30,109)
State and federal income tax (benefit) provision									238,502	45,213	35,808
Equity in (loss) income from subsidiaries									41,992	54,596	44,988
Net loss									(199,944)	(13,274)	(20,929)
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Homebuilding [Member]
Homebuilding revenue									2,027,485	2,232,906	1,778,700
Total expenses									1,946,395	2,147,123	1,686,726
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] | Financial Services [Member]
Financial services revenue									10,910	11,038	8,685
Total expenses									6,975	7,387	6,490
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]
Intercompany charges										38	1
Total revenues									413,270	508,303	361,095
Total expenses									364,057	449,293	320,196
Income (loss) from unconsolidated joint ventures									(7,189)	(4,424)	4,087
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest									42,024	54,586	44,986
State and federal income tax (benefit) provision									32	(10)	(2)
Net loss									41,992	54,596	44,988
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Homebuilding [Member]
Homebuilding revenue									365,437	446,724	313,115
Total expenses									338,706	419,514	294,818
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Financial Services [Member]
Financial services revenue									47,833	61,579	47,980
Total expenses									25,351	29,741	25,377
Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Intercompany charges									88,601	112,207	124,361
Total revenues									88,601	112,207	124,361
Total expenses									140,696	136,796	155,773
Gain (Loss) on Extinguishment of Debt									(34,854)	(3,200)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest									(86,949)	(27,789)	(31,412)
State and federal income tax (benefit) provision									(58,596)	(30,615)	(30,486)
Equity in (loss) income from subsidiaries									(42,089)	3,901	12,915
Net loss									(70,442)	6,727	11,989
Reportable Legal Entities [Member] | Subsidiary Issuer [Member] | Homebuilding [Member]
Total expenses									140,696	136,796	155,773
Reportable Legal Entities [Member] | Parent Company [Member]
Total expenses									(3,115)	1,704	5,230
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest									3,115	(1,704)	(5,230)
State and federal income tax (benefit) provision									107,011	(9,333)	(10,985)
Equity in (loss) income from subsidiaries									(228,297)	(10,448)	(21,855)
Net loss									(332,193)	(2,819)	(16,100)
Reportable Legal Entities [Member] | Parent Company [Member] | Homebuilding [Member]
Total expenses									(3,135)	1,688	5,125
Reportable Legal Entities [Member] | Parent Company [Member] | Financial Services [Member]
Total expenses									20	16	105
Consolidation, Eliminations [Member]
Intercompany charges									(88,601)	(112,207)	(124,361)
Total revenues									(88,601)	(112,207)	(124,361)
Total expenses									(88,601)	(112,207)	(124,361)
Equity in (loss) income from subsidiaries									228,394	(48,049)	(36,048)
Net loss									$ 228,394	$ (48,049)	$ (36,048)

Note 22 - Financial Informati95

Note 22 - Financial Information of Subsidiary Issuer and Subsidiary Guarantors - Consolidating Condensed Financial Statements - Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Net loss	$ 11,841	$ (337,209)	$ (6,682)	$ (143)	$ 22,289	$ (474)	$ (8,461)	$ (16,173)	$ (332,193)	$ (2,819)	$ (16,100)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									629,746	390,484	(304,435)
Net cash (used in) provided by operating activities									297,553	387,665	(320,535)
Proceeds from Sale of Property, Plant, and Equipment									270	764	1,573
Purchase of property, equipment and other fixed assets and acquisitions									(6,478)	(8,007)	(2,054)
Investments in and advances to unconsolidated joint ventures									(36,803)	(49,905)	(18,707)
Distributions of capital from unconsolidated joint ventures									13,304	5,264	17,112
Net cash provided by (used in) investing activities									(27,155)	(48,978)	2,472
Net payments from mortgages and notes									(19,193)	(61,011)	39,383
Net payments from model sale leaseback financing programs									(18,528)	(17,138)	22,984
Net proceeds from land bank financing programs									(42,567)	65,634	(7,345)
Net proceeds from senior secured notes									840,000	71,250
Payments related to senior notes, senior exchangeable notes and senior amortizing notes									(861,976)	(409,646)	(65,053)
Net proceeds related to mortgage warehouse lines of credit									(31,023)	36,713	31,956
Deferred financing costs from land bank financing program and note issuance									(14,556)	(11,469)	(9,015)
Intercompany financing activities – net
Net cash provided by (used in) financing activities									(147,843)	(245,667)	309,910
Net increase in cash									122,555	93,020	(8,153)
Cash and cash equivalents balance, beginning of year				346,765				253,745	346,765	253,745	261,898
Cash and cash equivalents balance, end of year	469,320				346,765				469,320	346,765	253,745
Borrowings from revolving credit facility										5,000	47,000
Proceeds from senior notes											250,000
Term Loan [Member]
Net proceeds from senior secured notes										75,000
Related to Mortgage Company [Member]
Increase (decrease) in restricted cash									2,555	2,034	1,555
Related to Letters of Credit [Member]
Increase (decrease) in restricted cash									(3)	872	2,993
Reportable Legal Entities [Member] | Parent Company [Member]
Net loss									(332,193)	(2,819)	(16,100)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									113,504	15,059	122,264
Net cash (used in) provided by operating activities									(218,689)	12,240	106,164
Intercompany financing activities – net									218,689	(12,240)	(106,164)
Net cash provided by (used in) financing activities									218,689	(12,240)	(106,164)
Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Net loss									(70,442)	6,727	11,989
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									1,339	(26,032)	110,820
Net cash (used in) provided by operating activities									(69,103)	(19,305)	122,809
Investments in and advances to unconsolidated joint ventures									(521)	(290)	16
Distributions of capital from unconsolidated joint ventures											315
Intercompany investing activities									222,627	344,479	(313,174)
Net cash provided by (used in) investing activities									222,103	345,061	(309,850)
Net proceeds from senior secured notes									840,000	71,250
Payments related to senior notes, senior exchangeable notes and senior amortizing notes									(861,976)	(409,646)	(65,053)
Deferred financing costs from land bank financing program and note issuance									(12,836)	(5,125)	(5,096)
Net cash provided by (used in) financing activities									(34,812)	(263,521)	226,851
Net increase in cash									118,188	62,235	39,810
Cash and cash equivalents balance, beginning of year				261,553				199,318	261,553	199,318	159,508
Cash and cash equivalents balance, end of year	379,741				261,553				379,741	261,553	199,318
Borrowings from revolving credit facility										5,000	47,000
Proceeds from senior notes											250,000
Reportable Legal Entities [Member] | Subsidiary Issuer [Member] | Term Loan [Member]
Net proceeds from senior secured notes										75,000
Reportable Legal Entities [Member] | Subsidiary Issuer [Member] | Related to Letters of Credit [Member]
Increase (decrease) in restricted cash									(3)	872	2,993
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Net loss									(199,944)	(13,274)	(20,929)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									796,416	353,149	(456,704)
Net cash (used in) provided by operating activities									596,472	339,875	(477,633)
Proceeds from Sale of Property, Plant, and Equipment									245	685	1,556
Purchase of property, equipment and other fixed assets and acquisitions									(6,478)	(7,977)	(2,054)
Investments in and advances to unconsolidated joint ventures									(13,407)	(74)	(114)
Distributions of capital from unconsolidated joint ventures									45		646
Net cash provided by (used in) investing activities									(19,595)	(7,366)	34
Net payments from mortgages and notes									(15,907)	(60,535)	27,881
Net payments from model sale leaseback financing programs									(12,973)	(14,004)	17,117
Net proceeds from land bank financing programs									(42,652)	53,654	(6,198)
Deferred financing costs from land bank financing program and note issuance									(1,462)	(4,812)	(2,732)
Intercompany financing activities – net									(503,848)	(302,407)	441,457
Net cash provided by (used in) financing activities									(576,842)	(328,104)	477,525
Net increase in cash									35	4,405	(74)
Cash and cash equivalents balance, beginning of year				(395)				(4,800)	(395)	(4,800)	(4,726)
Cash and cash equivalents balance, end of year	(360)				(395)				(360)	(395)	(4,800)
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]
Net loss									41,992	54,596	44,988
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									(53,119)	259	(116,863)
Net cash (used in) provided by operating activities									(11,127)	54,855	(71,875)
Proceeds from Sale of Property, Plant, and Equipment									25	79	17
Purchase of property, equipment and other fixed assets and acquisitions										(30)
Investments in and advances to unconsolidated joint ventures									(22,875)	(49,541)	(18,609)
Distributions of capital from unconsolidated joint ventures									13,259	5,264	16,151
Net cash provided by (used in) investing activities									(7,036)	(42,194)	(886)
Net payments from mortgages and notes									(3,286)	(476)	11,502
Net payments from model sale leaseback financing programs									(5,555)	(3,134)	5,867
Net proceeds from land bank financing programs									85	11,980	(1,147)
Net proceeds related to mortgage warehouse lines of credit									(31,023)	36,713	31,956
Deferred financing costs from land bank financing program and note issuance									(258)	(1,532)	(1,187)
Intercompany financing activities – net									62,532	(29,832)	(22,119)
Net cash provided by (used in) financing activities									22,495	13,719	24,872
Net increase in cash									4,332	26,380	(47,889)
Cash and cash equivalents balance, beginning of year				$ 85,607				$ 59,227	85,607	59,227	107,116
Cash and cash equivalents balance, end of year	$ 89,939				$ 85,607				89,939	85,607	59,227
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | Related to Mortgage Company [Member]
Increase (decrease) in restricted cash									2,555	2,034	1,555
Consolidation, Eliminations [Member]
Net loss									228,394	(48,049)	(36,048)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities									(228,394)	48,049	36,048
Intercompany investing activities									(222,627)	(344,479)	313,174
Net cash provided by (used in) investing activities									(222,627)	(344,479)	313,174
Intercompany financing activities – net									222,627	344,479	(313,174)
Net cash provided by (used in) financing activities									$ 222,627	$ 344,479	$ (313,174)

Note 23 - Unaudited Summarize96

Note 23 - Unaudited Summarized Consolidated Quarterly Information - Summarized Quarterly Financial Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Revenues	$ 721,686	$ 592,035	$ 585,935	$ 552,009	$ 805,069	$ 716,850	$ 654,723	$ 575,605	$ 2,451,665	$ 2,752,247	$ 2,148,480
Expenses	703,964	591,872	586,877	554,482	760,171	711,791	661,312	575,638	2,455,008	2,742,265	2,174,414
Inventory impairment loss and land option write-offs	8,479	4,197	1,953	3,184	10,438	1,565	9,669	11,681	17,813	33,353	12,044
(Loss) gain on extinguishment of debt		(42,258)	(242)	7,646	3,200				(34,854)	(3,200)
Income (loss) from unconsolidated joint ventures	3,062	(3,881)	(4,562)	(1,666)	881	(2,401)	(1,346)	(1,480)	(7,047)	(4,346)	4,169
Income (loss) before income taxes	12,305	(50,173)	(7,699)	323	32,141	1,093	(17,604)	(13,194)	(45,244)	2,436	(21,765)
State and federal income tax provision (benefit)	464	287,036	(1,017)	466	9,852	1,567	(9,143)	2,979	286,949	5,255	(5,665)
Net income (loss)	$ 11,841	$ (337,209)	$ (6,682)	$ (143)	$ 22,289	$ (474)	$ (8,461)	$ (16,173)	$ (332,193)	$ (2,819)	$ (16,100)
Income (loss) per common share (in dollars per share)	$ 0.08	$ (2.28)	$ (0.05)	$ 0	$ 0.14	$ 0	$ (0.06)	$ (0.11)	$ (2.25)	$ (0.02)	$ (0.11)
Weighted-average number of common shares outstanding (in shares)	147,905	147,748	147,558	147,535	147,521	147,412	147,334	147,139	147,703	147,451	146,899
Income (loss) per common share (in dollars per share)	$ 0.08	$ (2.28)	$ (0.05)	$ 0	$ 0.14	$ 0	$ (0.06)	$ (0.11)	$ (2.25)	$ (0.02)	$ (0.11)
Weighted-average number of common shares outstanding (in shares)	160,548	147,748	147,558	147,535	160,590	147,412	147,334	147,139	147,703	147,451	146,899

Note 24 - Subsequent Events (De

Note 24 - Subsequent Events (Details Textual) - USD ($) $ in Thousands	Dec. 01, 2017	Nov. 01, 2017	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Property, Plant and Equipment, Net			$ 52,919	$ 50,332
Proceeds from Sale of Property, Plant, and Equipment			270	$ 764	$ 1,573
Subsequent Event [Member] | Senior Exchangeable Note Units [Member]
Repayments of Long-term Debt	$ 56,100
Corporate Headquarters Building [Member]
Property, Plant and Equipment, Net			$ 34,700
Corporate Headquarters Building [Member] | Subsequent Event [Member]
Proceeds from Sale of Property, Plant, and Equipment		$ 42,500
Repayments of Long-term Debt		$ 13,000