Hovnanian Enterprises (HOV) 10-Q 6 Jun 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Apr. 30, 2022	May 31, 2022
Document Information [Line Items]
Entity Central Index Key	0000357294
Entity Registrant Name	HOVNANIAN ENTERPRISES INC
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2022
Document Transition Report	false
Entity File Number	1-8551
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	22-1851059
Entity Address, Address Line One	90 Matawan Road, 5th Floor
Entity Address, City or Town	Matawan
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07747
City Area Code	732
Local Phone Number	747-7800
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		676,530
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A Common Stock, $0.01 par value per share
Trading Symbol	HOV
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		5,635,397
Depository Shares [Member]
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares each representing 1/1,000th of a share of 7.625% Series A Preferred Stock
Trading Symbol	HOVNP
Security Exchange Name	NASDAQ
Preferred Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Preferred Stock Purchase Rights(1)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Apr. 30, 2022	Oct. 31, 2021
ASSETS
Assets	$ 2,384,169	$ 2,320,508
Assets	2,384,169	2,320,508
Deferred tax assets, net	400,557	425,678
LIABILITIES AND EQUITY
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs)	1,149,129	1,248,373
Liabilities	2,125,770	2,145,124
Liabilities	2,125,770	2,145,124
Income taxes payable	2,938	3,851
Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at April 30, 2022 and October 31, 2021	135,299	135,299
Paid in capital - common stock	723,319	722,118
Accumulated deficit	(485,323)	(567,228)
Treasury stock - at cost – 470,430 shares of Class A common stock and 27,669 shares of Class B common stock at April 30, 2022 and October 31, 2021	(115,360)	(115,360)
Total Hovnanian Enterprises, Inc. stockholders’ equity	258,003	174,897
Noncontrolling interest in consolidated joint ventures	396	487
Total equity	258,399	175,384
Total liabilities and equity	2,384,169	2,320,508
Common Class A [Member]
LIABILITIES AND EQUITY
Common Stock	61	61
Common Class B [Member]
LIABILITIES AND EQUITY
Common Stock	7	7
Homebuilding [Member]
ASSETS
Cash and cash equivalents	149,431	245,970
Restricted cash and cash equivalents	14,283	16,089
Sold and unsold homes and lots under development	1,140,199	1,019,541
Land and land options held for future development or sale	152,796	135,992
Consolidated inventory not owned	199,172	98,727
Total inventories	1,492,167	1,254,260
Investments in and advances to unconsolidated joint ventures	67,344	60,897
Receivables, deposits and notes, net	39,420	39,934
Property, plant and equipment, net	21,559	18,736
Prepaid expenses and other assets	61,155	56,186
Assets	1,845,359	1,692,072
Assets	1,845,359	1,692,072
LIABILITIES AND EQUITY
Accounts payable and other liabilities	407,926	426,381
Customers’ deposits	100,445	68,295
Liabilities from inventory not owned, net of debt issuance costs	123,793	62,762
Senior notes and credit facilities (net of discounts, premiums and debt issuance costs)	1,149,129	1,248,373
Accrued Interest	28,367	28,154
Liabilities	2,005,852	1,959,054
Liabilities	2,005,852	1,959,054
Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member]
LIABILITIES AND EQUITY
Nonrecourse mortgages secured by inventory, net of debt issuance costs	196,192	125,089
Financial Services [Member]
ASSETS
Cash and cash equivalents	3,939
Restricted cash and cash equivalents	39,196
Assets	138,253	202,758
Assets	138,253	202,758
LIABILITIES AND EQUITY
Liabilities	116,980	182,219
Liabilities	$ 116,980	$ 182,219

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
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, shares authorized (in shares)	16,000,000	16,000,000
Common stock, shares issued (in shares)	6,105,811	6,066,164
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares held in Treasury (in shares)	470,430	470,430
Common Class B [Member]
Common stock, shares authorized (in shares)	2,400,000	2,400,000
Common stock, shares issued (in shares)	704,215	686,876
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares held in Treasury (in shares)	27,669	27,669

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Revenues		$ 702,537	$ 703,162	$ 1,267,850	$ 1,277,826
Inventory impairment loss and land option write-offs				664	1,958
Total expenses		617,968	674,771	1,156,071	1,231,766
Corporate general and administrative		21,684	40,382	51,119	63,865
Less other interest expensed(2)(3)	[1],[2]	12,425	22,033	25,818	46,008
Other operations		641	451	1,009	729
Loss on extinguishment of debt		(6,795)	0	(6,795)	0
Income from unconsolidated joint ventures		3,171	2,641	11,362	4,557
Income before income taxes		80,945	31,032	116,346	50,617
Tax provision (benefit)		18,510	(457,644)	29,103	(457,018)
Net income		62,435	488,676	87,243	507,635
Less: preferred stock dividends		2,669	0	5,338	0
Net income available to common stockholders		$ 59,766	$ 488,676	$ 81,905	$ 507,635
Net income per common share (in dollars per share)		$ 8.50	$ 71.11	$ 11.62	$ 74
Weighted-average number of common shares outstanding basic (in shares)		6,396	6,248	6,392	6,236
Net income per common share (in dollars per share)		$ 8.39	$ 69.65	$ 11.44	$ 72.71
Weighted-average number of common shares outstanding (in shares)		6,477	6,368	6,492	6,331
State and Local Jurisdiction [Member]
Tax provision (benefit)		$ 2,587	$ (91,374)	$ 5,130	$ (90,748)
Domestic Tax Authority [Member]
Tax provision (benefit)		15,923	(366,270)	23,973	(366,270)
Homebuilding [Member]
Revenues		686,831	681,434	1,238,835	1,236,601
Cost of sales, excluding interest		503,682	536,534	931,599	976,172
Cost of sales interest		21,678	21,725	35,423	38,890
Inventory impairment loss and land option write-offs		565	81	664	1,958
Total cost of sales		525,925	558,340	967,686	1,017,020
Selling, general and administrative		46,501	42,204	89,247	82,429
Total expenses		572,426	600,544	1,056,933	1,099,449
Homebuilding [Member] | Sale of Homes [Member]
Revenues		685,823	679,515	1,237,189	1,230,880
Homebuilding [Member] | Land Sales and Other Revenues [Member]
Revenues		1,008	1,919	1,646	5,721
Financial Services [Member]
Revenues		15,706	21,728	29,015	41,225
Total expenses		$ 10,792	$ 11,361	$ 21,192	$ 21,715
[1]	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:
[2]	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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Common Stock Outstanding [Member]Common Class A [Member]	Common Stock Outstanding [Member]Common Class B [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Oct. 31, 2020	5,519,880	622,217	5,600
Balance at Oct. 31, 2020	$ 60	$ 7	$ 135,299	$ 718,110	$ (1,175,045)	$ (115,360)	$ 835	$ (436,094)
Stock options, amortization and issuances				54				54
Restricted stock amortization, issuances and forfeitures (in shares)	7,207	2,370
Restricted stock amortization, issuances and forfeitures				668				668
Conversion of Class B to Class A common stock (in shares)	45	(45)
Changes in noncontrolling interest in consolidated joint ventures							78	78
Net income					18,959			18,959
Balance (in shares) at Jan. 31, 2021	5,527,132	624,542	5,600
Balance at Jan. 31, 2021	$ 60	$ 7	$ 135,299	718,832	(1,156,086)	(115,360)	913	(416,335)
Stock options, amortization and issuances (in shares)	33,316	5,368
Stock options, amortization and issuances				(255)				(255)
Restricted stock amortization, issuances and forfeitures				770				770
Conversion of Class B to Class A common stock (in shares)	25	(25)
Changes in noncontrolling interest in consolidated joint ventures							(142)	(142)
Net income					488,676			488,676
Conversion of Class B to Class A common stock								0
Balance (in shares) at Apr. 30, 2021	5,560,473	629,885	5,600
Balance at Apr. 30, 2021	$ 60	$ 7	$ 135,299	719,347	(667,410)	(115,360)	771	72,714
Balance (in shares) at Oct. 31, 2021	5,595,734	659,207	5,600
Balance at Oct. 31, 2021	$ 61	$ 7	$ 135,299	722,118	(567,228)	(115,360)	487	175,384
Stock options, amortization and issuances (in shares)	804
Stock options, amortization and issuances				4				4
Preferred dividend declared ($476.56 per share)					(2,669)			(2,669)
Restricted stock amortization, issuances and forfeitures (in shares)	17,654	17,445
Restricted stock amortization, issuances and forfeitures				(552)				(552)
Conversion of Class B to Class A common stock (in shares)	48	(48)
Changes in noncontrolling interest in consolidated joint ventures							(88)	(88)
Net income					24,808			24,808
Balance (in shares) at Jan. 31, 2022	5,614,240	676,604	5,600
Balance at Jan. 31, 2022	$ 61	$ 7	$ 135,299	721,570	(545,089)	(115,360)	399	196,887
Stock options, amortization and issuances (in shares)	600
Stock options, amortization and issuances				77				77
Preferred dividend declared ($476.56 per share)					(2,669)			(2,669)
Restricted stock amortization, issuances and forfeitures (in shares)	20,483
Restricted stock amortization, issuances and forfeitures				1,672				1,672
Conversion of Class B to Class A common stock (in shares)	58	(58)
Changes in noncontrolling interest in consolidated joint ventures							(3)	(3)
Net income					62,435			62,435
Balance (in shares) at Apr. 30, 2022	5,635,381	676,546	5,600
Balance at Apr. 30, 2022	$ 61	$ 7	$ 135,299	$ 723,319	$ (485,323)	$ (115,360)	$ 396	$ 258,399

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Apr. 30, 2022	Jan. 31, 2022
Dividend per share (in dollars per share)	$ 476.56	$ 476.56

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Cash flows from operating activities:
Net income	$ 87,243	$ 507,635
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation	2,489	2,822
Compensation from stock options and awards	3,394	1,753
Amortization of bond discounts, premiums and deferred financing costs	(194)	534
Gain on sale and retirement of property and assets	(37)	(14)
Income from unconsolidated joint ventures	(11,362)	(4,557)
Distributions of earnings from unconsolidated joint venture	2,743	5,397
Loss on extinguishment of debt	6,795	0
Noncontrolling interest in consolidated joint ventures	139	190
Inventory impairment and land option write-offs	664	1,958
(Increase) decrease in assets:
Origination of mortgage loans	(598,600)	(728,674)
Sale of mortgage loans	656,300	706,446
Receivables, prepaids, deposits and other assets	(4,337)	2,541
Inventories	(238,571)	(63,056)
Deferred tax assets	25,121	(459,186)
(Decrease) increase in liabilities:
State income tax payable	(913)	(1,244)
Customers’ deposits	32,150	17,644
Accounts payable, accrued interest and other accrued liabilities	(25,227)	25,271
Net cash (used in) provided by operating activities	(62,203)	15,460
Cash flows from investing activities:
Proceeds from sale of property and assets	63	15
Purchase of property, equipment, and other fixed assets and acquisitions	(5,335)	(2,461)
Investment in and advances to unconsolidated joint ventures	(152)	(29,578)
Distributions of capital from unconsolidated joint ventures	2,324	19,596
Net cash used in investing activities	(3,100)	(12,428)
Cash flows from financing activities:
Proceeds from mortgages and notes	230,984	121,340
Payments related to mortgages and notes	(158,608)	(143,115)
Proceeds from model sale leaseback financing programs	26,982	2,738
Payments related to model sale leaseback financing programs	(8,551)	(9,879)
Proceeds from land bank financing programs	69,741	16,494
Payments related to land bank financing programs	(25,953)	(50,606)
Proceeds from partner distributions from consolidated joint venture	40	0
Payments for partner distributions to consolidated joint venture	(270)	(254)
Preferred dividends paid	(5,338)	0
Deferred financing costs from land banking financing programs and note issuances	(3,962)	(844)
Net cash used in financing activities	(39,244)	(40,852)
Net decrease in cash and cash equivalents, and restricted cash and cash equivalents	(104,547)	(37,820)
Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period	311,396	309,460
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period	206,849	271,640
Supplemental disclosures of cash flows:
Interest, net of capitalized interest (see Note 3 to the Condensed Consolidated Financial Statements)	26,434	47,202
Income taxes	4,895	3,412
Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period	206,849	271,640
Homebuilding [Member]
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Inventory impairment and land option write-offs	664	1,958
Supplemental disclosures of cash flows:
Cash and cash equivalents	149,431	218,321
Restricted cash and cash equivalents	14,283	12,753
Financial Services [Member]
Supplemental disclosures of cash flows:
Cash and cash equivalents	3,939	4,117
Restricted cash and cash equivalents	39,196	36,449
Senior Secured Notes [Member]
Cash flows from financing activities:
Payments related to senior secured notes	(103,875)	0
Mortgage Warehouse Lines of Credit [Member]
Cash flows from financing activities:
Net (payments) proceeds related to mortgage warehouse lines of credit	$ (60,434)	$ 23,274

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Basis of Presentation Hovnanian Enterprises, Inc. (“HEI”) conducts all of its homebuilding and financial services operations through its subsidiaries (references herein to the “Company,” “we,” “us” or “our” refer to HEI and its consolidated subsidiaries and should be understood to reflect the consolidated business of HEI’s subsidiaries). HEI has reportable segments consisting of six Homebuilding segments (Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West) and the Financial Services segment (see Note 17 The accompanying unaudited Condensed Consolidated Financial Statements include HEI's accounts and those of all of its consolidated subsidiaries after elimination of all of its significant intercompany balances and transactions. Noncontrolling interest represents the proportionate equity interest in a consolidated joint venture that is not 100% not one not The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10 10 X, not 10 October 31, 2021. not

Note 2 - Stock Compensation

Note 2 - Stock Compensation	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	2. Stock Compensation For the three six April 30, 2022, three six April 30, 2021, three six April 30, 2022, three six April 30, 2021.

Note 3 - Interest

Note 3 - Interest	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Home Building Interest [Text Block]	3. Interest Interest costs incurred, expensed and capitalized were: Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Interest capitalized at beginning of period $ 63,804 $ 65,327 $ 58,159 $ 65,010 Plus interest incurred(1) 33,872 41,870 66,655 83,327 Less cost of sales interest expensed 21,678 21,725 35,423 38,890 Less other interest expensed(2)(3) 12,425 22,033 25,818 46,008 Less interest contributed to unconsolidated joint venture(4) - 3,667 - 3,667 Interest capitalized at end of period(5) $ 63,573 $ 59,772 $ 63,573 $ 59,772 ( 1 Data does not ( 2 Other interest expensed includes interest that does not not three April 30, 2022 2021 six April 30, 2022 2021 not three April 30, 2022 2021 six April 30, 2022 2021 ( 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: Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Other interest expensed $ 12,425 $ 22,033 $ 25,818 $ 46,008 Interest paid by our mortgage and finance subsidiaries 362 527 830 952 Decrease (increase) in accrued interest 18,901 14,720 (214 ) 242 Cash paid for interest, net of capitalized interest $ 31,688 $ 37,280 $ 26,434 $ 47,202 ( 4 Represents capitalized interest which was included as part of the assets contributed to joint ventures, as discussed in Note 18. no ( 5 Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest.

Note 4 - Reduction of Inventory

Note 4 - Reduction of Inventory to Fair Value	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Inventory Impairments and Land Option Cost Write-offs [Text Block]	4. 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 may During the six April 30, 2022 2021 not not six April 30, 2022 six April 30, 2021 one 362 six April 30, 2021 first 2021, first 2022, not The Condensed Consolidated Statement 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 not three April 30, 2022 2021 six April 30, 2022 2021 not three April 30, 2022 2021 six April 30, 2022 2021 first 2022 first 2021. We decide to mothball (or stop development on) certain communities when we determine that the current performance does not first 2022, not April 30, 2022 October 31, 2021, five six 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 606 10 55 68, April 30, 2022 October 31, 2021, not not We have land banking arrangements, whereby we sell our land parcels to the land bankers 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 606 10 55 70, April 30, 2022 October 31, 2021, not not

Note 5 - Variable Interest Enti

Note 5 - Variable Interest Entities	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Variable Interest Entity Disclosure [Text Block]	5. Variable Interest Entities 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 810, may In compliance with ASC 810, not 810 April 30, 2022 October 31, 2021, not We will continue to secure land and lots using options, some of which are with VIEs. Including deposits on our unconsolidated VIEs, at April 30, 2022 not

Note 6 - Warranty Costs

Note 6 - Warranty Costs	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	6. Warranty Costs 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 three six April 30, 2022 2021 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 to be delivered in fiscal 2022 2021, 2022 2021 $0.25 $5 2022 2021. not three six April 30, 2022 2021 Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Balance, beginning of period $ 93,353 $ 88,861 $ 94,916 $ 86,417 Additions – Selling, general and administrative 2,126 2,409 4,342 4,457 Additions – Cost of sales 1,669 2,103 3,093 4,001 Charges incurred during the period (5,783 ) (4,760 ) (9,937 ) (6,736 ) Changes to pre-existing reserves 99 1,412 (950 ) 1,886 Balance, end of period $ 91,464 $ 90,025 $ 91,464 $ 90,025 Warranty accruals are based upon historical experience. We engage a third not Insurance claims paid by our insurance carriers, excluding insurance deductibles paid, were less than $0.1 six April 30, 2022 2021

Note 7 - Commitments and Contin

Note 7 - Commitments and Contingent Liabilities	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	7. Commitments and Contingent Liabilities We are involved in litigation arising in the ordinary course of business, none 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 regulating 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 continue to be imposed on developers and homebuilders in the future. In addition, some of these laws and regulations that significantly affect how certain properties may may may may may In March 2013, 1990s. August 2013, not may not April 2014 March 2017 May 2, 2018 June 15, 2018 three two June 15, 2022. In 2015, September 12, 2022. In December 2020, 1998, No Not 1999. one 2009

Note 8 - Cash and Cash Equivale

Note 8 - Cash and Cash Equivalents, Restricted Cash and Cash Equivalents and Customer's Deposits	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	8. Cash and Cash Equivalents, Restricted Cash and Cash Equivalents and Customer's Deposits 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, April 30, 2022 October 31, 2021 Homebuilding - Restricted cash and cash equivalents on the Condensed Consolidated Balance Sheets totaled $14.3 million and $16.1 million as of April 30, 2022 October 31, 2021 12. Financial services restricted cash and cash equivalents, which are included in Financial services assets on the Condensed Consolidated Balance Sheets, totaled $39.2 million and $43.5 million as of April 30, 2022 October 31, 2021 1 April 30, 2022 October 31, 2021 2 April 30, 2022 October 31, 2021 Total Homebuilding Customers’ deposits are shown as a liability on the Condensed Consolidated Balance Sheets. These liabilities are significantly more than the applicable periods’ restricted cash balances because, in some states, the deposits are not

Note 9 - Leases

Note 9 - Leases	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	9. Leases We lease certain office space for use in our operations. We assess each of these contracts to determine whether the arrangement contains a lease as defined by ASC 842 842" 842, three five 842, 842, not Our lease population at April 30, 2022 842, not twelve Lease cost included in our Condensed Consolidated Statements of Operations in Selling, general and administrative expenses and payments on our lease liabilities are presented in the table below. Our short-term lease costs and sublease income are de minimis. Three Months Ended Six Months Ended (In thousands) April 30, 2022 April 30, 2021 April 30, 2022 April 30, 2021 Operating lease cost $ 2,677 $ 2,594 $ 5,265 $ 5,210 Cash payments on lease liabilities $ 2,214 $ 2,390 $ 4,654 $ 4,688 ROU assets are classified within Prepaids and other assets on our Condensed Consolidated Balance Sheets, while lease liabilities are classified within Accounts payable and other liabilities on our Condensed Consolidated Balance Sheets. During the three six April 30, 2022 (In thousands) At April 30, 2022 At October 31, 2021 ROU assets $ 19,619 $ 17,844 Lease liabilities $ 20,742 $ 18,952 Weighted-average remaining lease term (in years) 3.4 3.1 Weighted-average discount rate (incremental borrowing rate) 9.5 % 9.4 % Maturities of our operating lease liabilities as of April 30, 2022 Year ending October 31, (in thousands) 2022 (excluding the six months ended April 30, 2022) $ 4,711 2023 7,714 2024 5,087 2025 4,057 2026 2,758 2027 1,396 Total payments 25,723 Less: imputed interest (4,981 ) Present value of lease liabilities $ 20,742

Note 10 - Mortgage Loans Held f

Note 10 - Mortgage Loans Held for Sale	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	10. Mortgage Loans Held for Sale 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 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 Condensed 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 April 30, 2022 October 31, 2021 11 may not April 30, 2022 2021 not The activity in our loan origination reserves during the three six April 30, 2022 2021 Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Loan origination reserves, beginning of period $ 1,673 $ 1,508 $ 1,632 $ 1,458 Provisions for losses during the period 49 59 90 109 Adjustments to pre-existing provisions for losses from changes in estimates (8 ) (43 ) (8 ) (43 ) Loan origination reserves, end of period $ 1,714 $ 1,524 $ 1,714 $ 1,524

Note 11 - Mortgages

Note 11 - Mortgages	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Line of Credit [Text Block]	11. Mortgages Nonrecourse. April 30, 2022 October 31, 2021 $574.3 April 30, 2022 October 31, 2021 Mortgage Loans. Our secured Master Repurchase Agreement with JPMorgan Chase Bank, N.A. (“Chase Master Repurchase Agreement”) is a short-term borrowing facility that provides up to $50.0 million through its maturity on January 31, 2023 . April 30, 2022 April 30, 2022 October 31, 2021 K. Hovnanian Mortgage has another secured Master Repurchase Agreement with Customers Bank (“Customers Master Repurchase Agreement”), which was amended on March 9, 2022 March 8, 2023, April 30, 2022 October 31, 2021 K. Hovnanian Mortgage also has a secured Master Repurchase Agreement with Comerica Bank (“Comerica Master Repurchase Agreement”) which is a short-term borrowing facility that matures on January 9, 2023. 15th 30 April 30, 2022 October 31, 2021 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 April 30, 2022

Note 12 - Senior Notes and Cred

Note 12 - Senior Notes and Credit Facilities	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Long-Term Debt [Text Block]	12. Senior Notes and Credit Facilities Senior notes and credit facilities balances as of April 30, 2022 October 31, 2021 April 30, October 31, (In thousands) 2022 2021 Senior Secured Notes: 10.0 November 15, 2025 $ 158,502 $ 158,502 7.75 February 15, 2026 250,000 350,000 10.5 February 15, 2026 282,322 282,322 11.25 February 15, 2026 162,269 162,269 Total Senior Secured Notes $ 853,093 $ 953,093 Senior Notes: 8.0 November 1, 2027 $ - $ - 13.5 February 1, 202 90,590 90,590 5.0 February 1, 2040 90,120 90,120 Total Senior Notes $ 180,710 $ 180,710 Senior Unsecured Term Loan Credit Facility due February 1, 2027 $ 39,551 $ 39,551 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 $ 81,498 $ 81,498 Senior Secured Revolving Credit Facility (2) $ - $ - Subtotal notes payable $ 1,154,852 $ 1,254,852 Net (discounts) premiums $ 8,386 $ 10,769 Net debt issuance costs $ (14,109 ) $ (17,248 ) Total notes payable, net of discounts, premiums and debt issuance costs $ 1,149,129 $ 1,248,373 ( 1 2027 "8.0% 2027 not ( 2 April 30, 2022 first December 28, 2022. General Except for K. Hovnanian, the issuer of the notes and borrower under the Credit Facilities (as defined below), our home mortgage subsidiaries, certain of our title insurance subsidiaries, joint ventures and subsidiaries holding interests in our joint ventures, we and each of our subsidiaries are guarantors of the Credit Facilities, the senior secured notes and senior notes outstanding (except for the 8.0% 2027 not April 30, 2022 The credit agreements governing the Credit Facilities and the indentures governing the senior secured and senior notes (together, the “Debt Instruments”) outstanding at April 30, 2022 not not April 30, 2022 If our consolidated fixed charge coverage ratio is less than 2.0 to 1.0, 1.0 October 31, 2021, 1.0 1.0, no first second 2022. Under the terms of our Debt Instruments, we have the right to make certain redemptions and prepayments and, depending on market conditions, our strategic priorities and covenant restrictions, may may Fiscal 2022 On April 29, 2022, 1.125 2026 "1.125 three six April 30, 2022, Fiscal 2021 There were no six April 30, 2021. Secured Obligations On October 31, 2019, $125.0 December 28, 2022. 7.75%, The 1.125 February 15, 2026 February 15 August 15 February 1 August 1, may may 1.125 February 15, 2022, February 15, 2023 February 15, 2024. The 10.5% 1.25 2026 "1.25 February 15, 2026 February 15 August 15 February 1 August 1, may may 1.25 February 15, 2022, February 15, 2023 February 15, 2024. The 11.25% 1.5 2026 "1.5 February 15, 2026 February 15 August 15 February 1 August 1, may 1.5 February 15, 2026 The 10.0% 1.75 2025 "1.75 November 15, 2025 10.0% May 15 November 15 May 1 November 1, may November 15, 2022, may 1.75 November 15, 2022 November 15, 2023, may 1.75 November 15, 2023, may 1.75 On December 10, 2019, 1.75 January 31, 2028 ( 10.0% January 31, 2028, November 15, 2022, may November 15, 2022 November 15, 2023, may November 15, 2023, may Each series of secured notes and the guarantees thereof, the Secured Term Loans and the guarantees thereof and the Secured Credit Agreement and the guarantees thereof are secured by the same assets. Among the secured debt, the liens securing the Secured Credit Agreement are senior to the liens securing all of K. Hovnanian’s other secured notes and the Secured Term Loan. The liens securing the 1.125 1.25 1.5 1.75 1.125 1.25 1.5 1.75 1.25 1.5 1.75 1.5 1.75 1.75 As of April 30, 2022 1 2 $394.3 not may 3 Unsecured Obligations The 13.5% Senior Notes due 2026 “13.5% 2026 13.5% February 1, 2026. 13.5% 2026 February 1 August 1 January 15 July 15, may 13.5% 2026 February 1, 2025 February 1, 2025, may 13.5% 2026 The 5.0% Senior Notes due 2040 “5.0% 2040 5.0% February 1, 2040. 5.0% 2040 February 1 August 1 January 15 July 15, may may 2040 The Unsecured Term Loans bear interest at a rate equal to 5.0% February 1, 2027. Other We have certain stand-alone cash collateralized letter of credit agreements and facilities under which there was a total of $7.6 million and $9.3 million letters of credit outstanding at April 30, 2022 October 31, 2021, April 30, 2022 October 31, 2021,

Note 13 - Per Share Calculation

Note 13 - Per Share Calculation	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	13. Per Share Calculation Basic earnings per share is computed by dividing net income (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. 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 Basic and diluted earnings per share for the periods presented below were calculated as follows: Three Months Ended Six Months Ended April 30, April 30, (In thousands, except per share data) 2022 2021 2022 2021 Numerator: Net earnings attributable to Hovnanian $ 59,766 $ 488,676 $ 81,905 $ 507,635 Less: undistributed earnings allocated to nonvested shares (5,426 ) (44,383 ) (7,621 ) (46,147 ) Numerator for basic earnings per share $ 54,340 $ 444,293 $ 74,284 $ 461,488 Plus: undistributed earnings allocated to nonvested shares 5,426 44,383 7,621 46,147 Less: undistributed earnings reallocated to nonvested shares (5,427 ) (45,170 ) (7,625 ) (47,338 ) Numerator for diluted earnings per share $ 54,339 $ 443,506 $ 74,280 $ 460,297 Denominator: Denominator for basic earnings per share – weighted average shares outstanding 6,396 6,248 6,392 6,236 Effect of dilutive securities: Share based payments 81 120 100 95 Denominator for diluted earnings per share – weighted average shares outstanding 6,477 6,368 6,492 6,331 Basic earnings per share $ 8.50 $ 71.11 $ 11.62 $ 74.00 Diluted earnings per share $ 8.39 $ 69.65 $ 11.44 $ 72.71 Shares related to out-of-the money stock options that could potentially dilute basic earnings per share in the future that were not three six April 30, 2022, three six April 30, 2021,

Note 14 - Preferred Stock

Note 14 - Preferred Stock	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Preferred Stock [Text Block]	14. Preferred Stock On July 12, 2005, not 7.625%. not 1/1000th three six April 30, 2022 three six April 30, 2021, not

Note 15 - Common Stock

Note 15 - Common Stock	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	15. Common Stock Each share of Class A Common Stock entitles its holder to one ten one one On August 4, 2008, January 11, 2018 January 18, 2021, 382 382. 382 382. one August 15, 2008. August 15, 2008, August 4, 2008, may August 14, 2024, 382 5% On July 3, 2001, no three six April 30, 2022 April 30, 2022 may

Note 16 - Income Taxes

Note 16 - Income Taxes	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	16. Income Taxes The total income tax expense for the three six April 30, 2022 not The total income tax benefit for the three six April 30, 2021 three six April 30, 2021 not Our federal net operating losses of $1.1 billion expire between 2029 2038, 2022 2026; 2027 2031; 2032 2036; 2037 2041; The Company recognizes deferred income taxes for deferred tax benefits arising from NOL carryforwards and temporary differences between book and tax income which will be recognized in future years as an offset against future taxable income. A valuation allowance is provided to offset deferred tax assets if, based upon the available evidence, it is more likely than not not not April 30, 2022 As of October 31, 2020, October 31, 2021. October 31, 2020, second 2021 October 31, 2021. As of April 30, 2022 740. April 30, 2022 The significant positive improvement in our operations in the last 30 April 30, 2022 not not not

Note 17 - Operating and Reporti

Note 17 - Operating and Reporting Segments	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	17. Operating and Reporting Segments HEI’s operating segments are components of the Company’s 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 the Company's communities qualifies as an operating segment, and therefore, it is impractical to provide segment disclosures for this many segments. As such, HEI has aggregated the homebuilding operating segments into six HEI’s 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. HEI’s reportable segments consist of the following six 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 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 Financial Services segment include mortgage banking and title services provided to the homebuilding operations’ customers. Our financial services subsidiaries do not Corporate and unallocated primarily represents operations at our headquarters in 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 or benefit for income taxes (“Income before income taxes”). Income before income taxes for the Homebuilding segments consist of revenues generated from the sales of homes and land, income 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 HEI’s segment operations was as follows: Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Revenues: Northeast $ 55,126 $ 30,189 $ 75,485 $ 62,233 Mid-Atlantic 129,001 112,200 228,615 205,145 Midwest 56,793 64,079 111,765 123,236 Southeast 73,235 80,917 128,817 126,691 Southwest 231,882 217,312 426,392 407,721 West 140,781 176,733 267,741 311,565 Total homebuilding 686,818 681,430 1,238,815 1,236,591 Financial services 15,706 21,728 29,015 41,225 Corporate and unallocated 13 4 20 10 Total revenues $ 702,537 $ 703,162 $ 1,267,850 $ 1,277,826 Income before income taxes: Northeast $ 8,423 $ 5,068 $ 10,873 $ 9,662 Mid-Atlantic 27,948 12,010 44,685 22,711 Midwest 1,629 4,128 2,280 7,712 Southeast 10,760 6,504 20,922 6,858 Southwest 34,769 29,275 56,645 50,325 West 28,720 21,863 50,779 31,540 Total homebuilding 112,249 78,848 186,184 128,808 Financial services 4,914 10,367 7,823 19,510 Corporate and unallocated (1) (36,218 ) (58,183 ) (77,661 ) (97,701 ) Income before income taxes $ 80,945 $ 31,032 $ 116,346 $ 50,617 ( 1 Corporate and unallocated for the three April 30, 2022 six April 30, 2022 three April 30, 2021 $0.3 six April 30, 2021 $63.9 $33.7 $0.1 April 30, October 31, (In thousands) 2022 2021 Assets: Northeast $ 164,887 $ 133,390 Mid-Atlantic 341,929 273,073 Midwest 77,366 85,044 Southeast 306,499 257,044 Southwest 500,108 413,532 West 240,972 229,810 Total homebuilding 1,631,761 1,391,893 Financial services (1) 138,253 202,758 Corporate and unallocated 614,155 725,857 Total assets $ 2,384,169 $ 2,320,508 ( 1

Note 18 - Investments in Uncons

Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	18. Investments in Unconsolidated Homebuilding and Land Development Joint Ventures 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 third 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. (Dollars in thousands) April 30, 2022 Land Homebuilding Development Total Assets: Cash and cash equivalents $ 141,858 $ 1,434 $ 143,292 Inventories 456,277 - 456,277 Other assets 38,288 - 38,288 Total assets $ 636,423 $ 1,434 $ 637,857 Liabilities and equity: Accounts payable and accrued liabilities $ 459,344 $ 1,061 460,405 Notes payable 45,772 - 45,772 Total liabilities 505,116 1,061 506,177 Equity of: Hovnanian Enterprises, Inc. 64,921 298 65,219 Others 66,386 75 66,461 Total equity 131,307 373 131,680 Total liabilities and equity $ 636,423 $ 1,434 $ 637,857 Debt to capitalization ratio 26 % 0 % 26 % (Dollars in thousands) October 31, 2021 Land Homebuilding Development Total Assets: Cash and cash equivalents $ 132,963 $ 1,972 $ 134,935 Inventories 442,347 - 442,347 Other assets 34,551 - 34,551 Total assets $ 609,861 $ 1,972 $ 611,833 Liabilities and equity: Accounts payable and accrued liabilities $ 386,117 $ 1,681 $ 387,798 Notes payable 73,994 - 73,994 Total liabilities 460,111 1,681 461,792 Equity of: Hovnanian Enterprises, Inc. 58,460 254 58,714 Others 91,290 37 91,327 Total equity 149,750 291 150,041 Total liabilities and equity $ 609,861 $ 1,972 $ 611,833 Debt to capitalization ratio 33 % 0 % 33 % As of April 30, 2022 October 31, 2021, April 30, 2022 October 31, 2021, six April 30, 2022 2021 not Three Months Ended April 30, 2022 (In thousands) Land Homebuilding Development Total Revenues $ 87,396 $ - $ 87,396 Cost of sales and expenses (78,286 ) (5 ) (78,291 ) Joint venture net income (loss) $ 9,110 $ (5 ) $ 9,105 Our share of net income $ 3,170 $ - $ 3,170 Three Months Ended April 30, 2021 (In thousands) Land Homebuilding Development Total Revenues $ 91,526 $ 428 $ 91,954 Cost of sales and expenses (87,696 ) (149 ) (87,845 ) Joint venture net income $ 3,830 $ 279 $ 4,109 Our share of net income $ 2,637 $ 113 $ 2,750 Six Months Ended April 30, 2022 (In thousands) Land Homebuilding Development Total Revenues $ 156,987 $ 113 $ 157,100 Cost of sales and expenses (143,868 ) (31 ) (143,899 ) Joint venture net income $ 13,119 $ 82 $ 13,201 Our share of net income $ 11,317 $ 45 $ 11,362 Six Months Ended April 30, 2021 (In thousands) Land Homebuilding Development Total Revenues $ 162,990 $ 691 $ 163,681 Cost of sales and expenses (158,969 ) (177 ) (159,146 ) Joint venture net income $ 4,021 $ 514 $ 4,535 Our share of net income $ 4,548 $ 208 $ 4,756 “Income from unconsolidated joint ventures” is reflected as a separate line in the accompanying Condensed Consolidated Statements of Operations and reflects our proportionate share of the income or loss from these unconsolidated homebuilding and land development joint ventures. The difference between our share of the income from these unconsolidated joint ventures in the tables above compared to the Condensed Consolidated Statements of Operations is due primarily to the reclassification of the intercompany portion of management fee income from certain unconsolidated joint ventures and the deferral of income for lots purchased by us from certain unconsolidated joint ventures. The reason “Our share of net income” is higher or lower than the “Joint venture net income” shown in the tables above for both the three six April 30, 2022 2021 three April 30, 2022 one three April 30, 2022 six April 30, 2022 one six April 30, 2022 not one six April 30, 2022 one one six April 30, 2022 not not 50% For the three April 30, 2021, two not two six April 30, 2021 two not not 13 To compensate us for the administrative services we provide as the manager of certain unconsolidated joint ventures, we receive a management fee based on a percentage of the applicable unconsolidated joint venture’s revenues. These management fees, which totaled $3.2 million and $3.0 million for the three April 30, 2022 2021 six April 30, 2022 2021 Typically, our unconsolidated joint ventures obtain separate project specific mortgage financing. For some of our unconsolidated joint ventures, obtaining financing was challenging; therefore, some of our unconsolidated joint ventures are capitalized only with equity. The total debt to capitalization ratio of all our unconsolidated joint ventures was 26% as of April 30, 2022 810 10 not not

Note 19 - Recent Accounting Pro

Note 19 - Recent Accounting Pronouncements	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	19. Recent Accounting Pronouncements In March 2020, 2020 04, 2020 04” 2020 04 March 12, 2020, may December 31, 2022. not

Note 20 - Fair Value of Financi

Note 20 - Fair Value of Financial Instruments	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	20. Fair Value of Financial Instruments 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: Fair Value at Fair Value at Fair Value April 30, October 31, (In thousands) Hierarchy 2022 2021 Mortgage loans held for sale (1) Level 2 $ 93,196 $ 151,059 Forward contracts Level 2 494 (107 ) Total $ 93,690 $ 150,952 Interest rate lock commitments Level 3 (286 ) 152 Total $ 93,404 $ 151,104 ( 1 April 30, 2022 October 31, 2021, We elected the fair value option for our loans held for sale in accordance with ASC 825, The Financial Services segment had a pipeline of loan applications in process of $1.1 billion at April 30, 2022 April 30, 2022 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 April 30, 2022 June 13, 2022. 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 Condensed Consolidated Financial Statements in “Revenues: Financial services.” The changes in fair values that are included in income are shown, by financial instrument and financial statement line item, below: Three Months Ended April 30, 2022 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ (416 ) $ 359 $ 359 Three Months Ended April 30, 2021 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ (636 ) $ 385 $ (252 ) Six Months Ended April 30, 2022 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ 1,566 $ (286 ) $ 494 Six Months Ended April 30, 2021 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ 4,257 $ 439 $ (403 ) 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 six April 30, 2021 not three April 30, 2021 three six April 30, 2022 Nonfinancial Assets Six Months Ended April 30, 2021 Pre- Fair Value Impairment (In thousands) Hierarchy Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 2,286 $ (843 ) $ 1,443 Land and land options held for future development or sale Level 3 $ - $ - $ - We record impairment losses on inventories related to communities under development and held for future development when events and circumstances indicate that they may may six April 30, 2021 not three April 30, 2021 three six April 30, 2022 4 The fair value of our cash equivalents, restricted cash and cash equivalents and customers' deposits approximates their carrying amount, based on Level 1 The fair value of each series of our Notes and Credit Facilities are listed below. Level 2 3 third Fair Value as of April 30, 2022 (In thousands) Level 1 Level 2 Level 3 Total Senior Secured Notes: 10.0 November 15, 2025 - - 167,172 167,172 7.75 February 15, 2026 - - 249,625 249,625 10.5 February 15, 2026 - - 288,477 288,477 11.25 February 15, 2026 - - 162,139 162,139 Senior Notes: 13.5 February 1, 2026 - - 96,723 96,723 5.0 February 1, 2040 - - 61,480 61,480 Senior Credit Facilities: Senior Unsecured Term Loan Credit Facility due February 1, 2027 - - 31,546 31,546 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 - - 85,956 85,956 Total fair value $ - $ - $ 1,143,118 $ 1,143,118 Fair Value as of October 31, 2021 (In thousands) Level 1 Level 2 Level 3 Total Senior Secured Notes: 10.0 November 15, 2025 - - 167,348 167,348 7.75 February 15, 2026 - - 366,426 366,426 10.5 February 15, 2026 - - 300,913 300,913 11.25 February 15, 2026 - - 162,548 162,548 Senior Notes: 13.5 February 1, 2026 - - 92,331 92,331 5.0 February 1, 2040 - - 63,084 63,084 Senior Credit Facilities: Senior Unsecured Term Loan Credit Facility due February 1, 2027 - - 28,196 28,196 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 - - 86,046 86,046 Total fair value $ - $ - $ 1,266,892 $ 1,266,892 The Senior Secured Revolving Credit Facility is not April 30, 2022 October 31, 2021

Note 21 - Transactions With Rel

Note 21 - Transactions With Related Parties	6 Months Ended
	Apr. 30, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	21. Transactions with Related Parties From time to time, an engineering firm owned by Tavit Najarian, a relative of Ara K. Hovnanian, our Chairman of the Board of Directors and our Chief Executive Officer, provides services to the Company. During the three April 30, 2022 2021 six April 30, 2022 2021

Note 3 - Interest (Tables)

Note 3 - Interest (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Real Estate Inventory, Capitalized Interest Costs [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Interest capitalized at beginning of period $ 63,804 $ 65,327 $ 58,159 $ 65,010 Plus interest incurred(1) 33,872 41,870 66,655 83,327 Less cost of sales interest expensed 21,678 21,725 35,423 38,890 Less other interest expensed(2)(3) 12,425 22,033 25,818 46,008 Less interest contributed to unconsolidated joint venture(4) - 3,667 - 3,667 Interest capitalized at end of period(5) $ 63,573 $ 59,772 $ 63,573 $ 59,772
Cash Paid for Interest Net of Capitalized Interest [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Other interest expensed $ 12,425 $ 22,033 $ 25,818 $ 46,008 Interest paid by our mortgage and finance subsidiaries 362 527 830 952 Decrease (increase) in accrued interest 18,901 14,720 (214 ) 242 Cash paid for interest, net of capitalized interest $ 31,688 $ 37,280 $ 26,434 $ 47,202

Note 6 - Warranty Costs (Tables

Note 6 - Warranty Costs (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Balance, beginning of period $ 93,353 $ 88,861 $ 94,916 $ 86,417 Additions – Selling, general and administrative 2,126 2,409 4,342 4,457 Additions – Cost of sales 1,669 2,103 3,093 4,001 Charges incurred during the period (5,783 ) (4,760 ) (9,937 ) (6,736 ) Changes to pre-existing reserves 99 1,412 (950 ) 1,886 Balance, end of period $ 91,464 $ 90,025 $ 91,464 $ 90,025

Note 9 - Leases (Tables)

Note 9 - Leases (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended Six Months Ended (In thousands) April 30, 2022 April 30, 2021 April 30, 2022 April 30, 2021 Operating lease cost $ 2,677 $ 2,594 $ 5,265 $ 5,210 Cash payments on lease liabilities $ 2,214 $ 2,390 $ 4,654 $ 4,688 (In thousands) At April 30, 2022 At October 31, 2021 ROU assets $ 19,619 $ 17,844 Lease liabilities $ 20,742 $ 18,952 Weighted-average remaining lease term (in years) 3.4 3.1 Weighted-average discount rate (incremental borrowing rate) 9.5 % 9.4 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Year ending October 31, (in thousands) 2022 (excluding the six months ended April 30, 2022) $ 4,711 2023 7,714 2024 5,087 2025 4,057 2026 2,758 2027 1,396 Total payments 25,723 Less: imputed interest (4,981 ) Present value of lease liabilities $ 20,742

Note 10 - Mortgage Loans Held_2

Note 10 - Mortgage Loans Held for Sale (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Loan origination reserves, beginning of period $ 1,673 $ 1,508 $ 1,632 $ 1,458 Provisions for losses during the period 49 59 90 109 Adjustments to pre-existing provisions for losses from changes in estimates (8 ) (43 ) (8 ) (43 ) Loan origination reserves, end of period $ 1,714 $ 1,524 $ 1,714 $ 1,524

Note 12 - Senior Notes and Cr_2

Note 12 - Senior Notes and Credit Facilities (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	April 30, October 31, (In thousands) 2022 2021 Senior Secured Notes: 10.0 November 15, 2025 $ 158,502 $ 158,502 7.75 February 15, 2026 250,000 350,000 10.5 February 15, 2026 282,322 282,322 11.25 February 15, 2026 162,269 162,269 Total Senior Secured Notes $ 853,093 $ 953,093 Senior Notes: 8.0 November 1, 2027 $ - $ - 13.5 February 1, 202 90,590 90,590 5.0 February 1, 2040 90,120 90,120 Total Senior Notes $ 180,710 $ 180,710 Senior Unsecured Term Loan Credit Facility due February 1, 2027 $ 39,551 $ 39,551 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 $ 81,498 $ 81,498 Senior Secured Revolving Credit Facility (2) $ - $ - Subtotal notes payable $ 1,154,852 $ 1,254,852 Net (discounts) premiums $ 8,386 $ 10,769 Net debt issuance costs $ (14,109 ) $ (17,248 ) Total notes payable, net of discounts, premiums and debt issuance costs $ 1,149,129 $ 1,248,373

Note 13 - Per Share Calculati_2

Note 13 - Per Share Calculation (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands, except per share data) 2022 2021 2022 2021 Numerator: Net earnings attributable to Hovnanian $ 59,766 $ 488,676 $ 81,905 $ 507,635 Less: undistributed earnings allocated to nonvested shares (5,426 ) (44,383 ) (7,621 ) (46,147 ) Numerator for basic earnings per share $ 54,340 $ 444,293 $ 74,284 $ 461,488 Plus: undistributed earnings allocated to nonvested shares 5,426 44,383 7,621 46,147 Less: undistributed earnings reallocated to nonvested shares (5,427 ) (45,170 ) (7,625 ) (47,338 ) Numerator for diluted earnings per share $ 54,339 $ 443,506 $ 74,280 $ 460,297 Denominator: Denominator for basic earnings per share – weighted average shares outstanding 6,396 6,248 6,392 6,236 Effect of dilutive securities: Share based payments 81 120 100 95 Denominator for diluted earnings per share – weighted average shares outstanding 6,477 6,368 6,492 6,331 Basic earnings per share $ 8.50 $ 71.11 $ 11.62 $ 74.00 Diluted earnings per share $ 8.39 $ 69.65 $ 11.44 $ 72.71

Note 17 - Operating and Repor_2

Note 17 - Operating and Reporting Segments (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	April 30, October 31, (In thousands) 2022 2021 Assets: Northeast $ 164,887 $ 133,390 Mid-Atlantic 341,929 273,073 Midwest 77,366 85,044 Southeast 306,499 257,044 Southwest 500,108 413,532 West 240,972 229,810 Total homebuilding 1,631,761 1,391,893 Financial services (1) 138,253 202,758 Corporate and unallocated 614,155 725,857 Total assets $ 2,384,169 $ 2,320,508
Operating Segments [Member]
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Six Months Ended April 30, April 30, (In thousands) 2022 2021 2022 2021 Revenues: Northeast $ 55,126 $ 30,189 $ 75,485 $ 62,233 Mid-Atlantic 129,001 112,200 228,615 205,145 Midwest 56,793 64,079 111,765 123,236 Southeast 73,235 80,917 128,817 126,691 Southwest 231,882 217,312 426,392 407,721 West 140,781 176,733 267,741 311,565 Total homebuilding 686,818 681,430 1,238,815 1,236,591 Financial services 15,706 21,728 29,015 41,225 Corporate and unallocated 13 4 20 10 Total revenues $ 702,537 $ 703,162 $ 1,267,850 $ 1,277,826 Income before income taxes: Northeast $ 8,423 $ 5,068 $ 10,873 $ 9,662 Mid-Atlantic 27,948 12,010 44,685 22,711 Midwest 1,629 4,128 2,280 7,712 Southeast 10,760 6,504 20,922 6,858 Southwest 34,769 29,275 56,645 50,325 West 28,720 21,863 50,779 31,540 Total homebuilding 112,249 78,848 186,184 128,808 Financial services 4,914 10,367 7,823 19,510 Corporate and unallocated (1) (36,218 ) (58,183 ) (77,661 ) (97,701 ) Income before income taxes $ 80,945 $ 31,032 $ 116,346 $ 50,617

Note 18 - Investments in Unco_2

Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Equity Method Investments [Table Text Block]	(Dollars in thousands) April 30, 2022 Land Homebuilding Development Total Assets: Cash and cash equivalents $ 141,858 $ 1,434 $ 143,292 Inventories 456,277 - 456,277 Other assets 38,288 - 38,288 Total assets $ 636,423 $ 1,434 $ 637,857 Liabilities and equity: Accounts payable and accrued liabilities $ 459,344 $ 1,061 460,405 Notes payable 45,772 - 45,772 Total liabilities 505,116 1,061 506,177 Equity of: Hovnanian Enterprises, Inc. 64,921 298 65,219 Others 66,386 75 66,461 Total equity 131,307 373 131,680 Total liabilities and equity $ 636,423 $ 1,434 $ 637,857 Debt to capitalization ratio 26 % 0 % 26 % (Dollars in thousands) October 31, 2021 Land Homebuilding Development Total Assets: Cash and cash equivalents $ 132,963 $ 1,972 $ 134,935 Inventories 442,347 - 442,347 Other assets 34,551 - 34,551 Total assets $ 609,861 $ 1,972 $ 611,833 Liabilities and equity: Accounts payable and accrued liabilities $ 386,117 $ 1,681 $ 387,798 Notes payable 73,994 - 73,994 Total liabilities 460,111 1,681 461,792 Equity of: Hovnanian Enterprises, Inc. 58,460 254 58,714 Others 91,290 37 91,327 Total equity 149,750 291 150,041 Total liabilities and equity $ 609,861 $ 1,972 $ 611,833 Debt to capitalization ratio 33 % 0 % 33 % Three Months Ended April 30, 2022 (In thousands) Land Homebuilding Development Total Revenues $ 87,396 $ - $ 87,396 Cost of sales and expenses (78,286 ) (5 ) (78,291 ) Joint venture net income (loss) $ 9,110 $ (5 ) $ 9,105 Our share of net income $ 3,170 $ - $ 3,170 Three Months Ended April 30, 2021 (In thousands) Land Homebuilding Development Total Revenues $ 91,526 $ 428 $ 91,954 Cost of sales and expenses (87,696 ) (149 ) (87,845 ) Joint venture net income $ 3,830 $ 279 $ 4,109 Our share of net income $ 2,637 $ 113 $ 2,750 Six Months Ended April 30, 2022 (In thousands) Land Homebuilding Development Total Revenues $ 156,987 $ 113 $ 157,100 Cost of sales and expenses (143,868 ) (31 ) (143,899 ) Joint venture net income $ 13,119 $ 82 $ 13,201 Our share of net income $ 11,317 $ 45 $ 11,362 Six Months Ended April 30, 2021 (In thousands) Land Homebuilding Development Total Revenues $ 162,990 $ 691 $ 163,681 Cost of sales and expenses (158,969 ) (177 ) (159,146 ) Joint venture net income $ 4,021 $ 514 $ 4,535 Our share of net income $ 4,548 $ 208 $ 4,756

Note 20 - Fair Value of Finan_2

Note 20 - Fair Value of Financial Instruments (Tables)	6 Months Ended
	Apr. 30, 2022
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value at Fair Value at Fair Value April 30, October 31, (In thousands) Hierarchy 2022 2021 Mortgage loans held for sale (1) Level 2 $ 93,196 $ 151,059 Forward contracts Level 2 494 (107 ) Total $ 93,690 $ 150,952 Interest rate lock commitments Level 3 (286 ) 152 Total $ 93,404 $ 151,104
Fair Value Option, Disclosures [Table Text Block]	Three Months Ended April 30, 2022 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ (416 ) $ 359 $ 359 Three Months Ended April 30, 2021 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ (636 ) $ 385 $ (252 ) Six Months Ended April 30, 2022 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ 1,566 $ (286 ) $ 494 Six Months Ended April 30, 2021 Mortgage Interest Rate Loans Held Lock Forward (In thousands) For Sale Commitments Contracts Changes in fair value included in net income all reflected in financial services revenues $ 4,257 $ 439 $ (403 )
Fair Value Measurements, Nonrecurring [Table Text Block]	Six Months Ended April 30, 2021 Pre- Fair Value Impairment (In thousands) Hierarchy Amount Total Losses Fair Value Sold and unsold homes and lots under development Level 3 $ 2,286 $ (843 ) $ 1,443 Land and land options held for future development or sale Level 3 $ - $ - $ -
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis 2 [Table Text Block]	(In thousands) Level 1 Level 2 Level 3 Total Senior Secured Notes: 10.0 November 15, 2025 - - 167,172 167,172 7.75 February 15, 2026 - - 249,625 249,625 10.5 February 15, 2026 - - 288,477 288,477 11.25 February 15, 2026 - - 162,139 162,139 Senior Notes: 13.5 February 1, 2026 - - 96,723 96,723 5.0 February 1, 2040 - - 61,480 61,480 Senior Credit Facilities: Senior Unsecured Term Loan Credit Facility due February 1, 2027 - - 31,546 31,546 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 - - 85,956 85,956 Total fair value $ - $ - $ 1,143,118 $ 1,143,118 (In thousands) Level 1 Level 2 Level 3 Total Senior Secured Notes: 10.0 November 15, 2025 - - 167,348 167,348 7.75 February 15, 2026 - - 366,426 366,426 10.5 February 15, 2026 - - 300,913 300,913 11.25 February 15, 2026 - - 162,548 162,548 Senior Notes: 13.5 February 1, 2026 - - 92,331 92,331 5.0 February 1, 2040 - - 63,084 63,084 Senior Credit Facilities: Senior Unsecured Term Loan Credit Facility due February 1, 2027 - - 28,196 28,196 Senior Secured 1.75 Lien Term Loan Credit Facility due January 31, 2028 - - 86,046 86,046 Total fair value $ - $ - $ 1,266,892 $ 1,266,892

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	3 Months Ended	6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021
Consolidated Joint Venture [Member]
Noncontrolling Interest, Ownership Percentage by Parent	99.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	1.00%
Consolidated Joint Venture [Member] | Subsidiaries [Member]
Noncontrolling Interest, Ownership Percentage by Parent	80.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	20.00%
Homebuilding [Member]
Number of Reportable Segments	6	6

Note 2 - Stock Compensation (De

Note 2 - Stock Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Share-Based Payment Arrangement, Expense	$ 1,800	$ 900	$ 3,400	$ 1,800
Share-Based Payment Arrangement, Expense, after Tax	1,400		2,500
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense	$ 45	$ 100	$ 90	$ 100

Note 3 - Interest (Details Text

Note 3 - Interest (Details Textual) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Real Estate Inventory Expense Not Eligible for Capitalization	[1],[2]	$ 12,425	$ 22,033	$ 25,818	$ 46,008
Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization		9,000	17,500	20,500	33,700
Completed Homes, Land in Planning and Fully Developed Lots without Homes under Construction [Member]
Real Estate Inventory Expense Not Eligible for Capitalization		$ 3,400	$ 4,500	$ 5,300	$ 12,300
[1]	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:
[2]	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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.

Note 3 - Interest - Interest Co

Note 3 - Interest - Interest Costs Incurred, Expensed and Capitalized (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Interest capitalized at beginning of period		$ 63,804	$ 65,327	$ 58,159	$ 65,010
Plus interest incurred(1)	[1]	33,872	41,870	66,655	83,327
Less cost of sales interest expensed		21,678	21,725	35,423	38,890
Less other interest expensed(2)(3)	[2],[3]	12,425	22,033	25,818	46,008
Less interest contributed to unconsolidated joint venture(4)	[4]	0	3,667	0	3,667
Interest capitalized at end of period(5)	[4],[5]	$ 63,573	$ 59,772	$ 63,573	$ 59,772
[1]	Data does not include interest incurred by our mortgage and finance subsidiaries.
[2]	Cash paid for interest, net of capitalized interest, is the sum of other interest expensed, as defined above, and interest paid by our mortgage and finance subsidiaries adjusted for the change in accrued interest on notes payable, which is calculated as follows:
[3]	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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.
[4]	Represents capitalized interest which was included as part of the assets contributed to joint ventures, as discussed in Note 18. There was no impact to the Condensed Consolidated Statement of Operations as a result of these transactions.
[5]	Capitalized interest amounts are shown gross before allocating any portion of impairments, if any, to capitalized interest.

Note 3 - Interest - Cash Paid f

Note 3 - Interest - Cash Paid for Interest, Net of Capitalized Interest (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Less other interest expensed(2)(3)	[1],[2]	$ 12,425	$ 22,033	$ 25,818	$ 46,008
Interest paid by our mortgage and finance subsidiaries		362	527	830	952
Decrease (increase) in accrued interest		18,901	14,720	(214)	242
Cash paid for interest, net of capitalized interest		$ 31,688	$ 37,280	$ 26,434	$ 47,202
[1]	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:
[2]	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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.

Note 4 - Reduction of Invento_2

Note 4 - Reduction of Inventory to Fair Value (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)	Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)	Oct. 31, 2021USD ($)
Number of Communities Evaluated for Impairment			392	362
Impairment of Real Estate	$ 0	$ 0	$ 0	$ 800
Homebuilding [Member]
Number of Communities Evaluated for Impairment			392
Impairment of Real Estate			$ 0	$ 800
Number of Communities Performed Detailed Impairment Calculations				1
Carrying Value of Communities Tested for Impairment				$ 2,300
Land Option Write Offs	$ 600	$ 100	$ 700	$ 1,200
Number of Walk Away Lots	713	149	1,133	569
Number of Previously Mothballed Community Re-activated	1		1
Number of Communities Mothballed	5		5		6
Inventory Real Estate Mothballed Communities	$ 1,700		$ 1,700		$ 4,300
Inventory Real Estate Mothballed Communities Accumulated Impairment Charges	27,500		27,500		57,500
Liabilities from Inventory Real Estate Not Owned	123,793		123,793		62,762
Homebuilding [Member] | Model Sale Leaseback Financing Arrangements [Member]
Inventory Real Estate, Other Options	46,500		46,500		32,500
Liabilities from Inventory Real Estate Not Owned	49,300		49,300		31,500
Homebuilding [Member] | Land Banking Arrangement [Member]
Inventory Real Estate, Other Options	152,700		152,700		66,200
Liabilities from Inventory Real Estate Not Owned	$ 74,500		$ 74,500		$ 31,300
Homebuilding [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member]
Inventory, Measurement Input				0.193

Note 5 - Variable Interest En_2

Note 5 - Variable Interest Entities (Details Textual) $ in Millions	Apr. 30, 2022USD ($)
Deposits Associated with Land and Lot Options of Unconsolidated Variable Interest Entities	$ 152.3
Purchase Price Associated with Land and Lot Options of Unconsolidated Variable Interest Entities	$ 1,800

Note 6 - Warranty Costs (Detail

Note 6 - Warranty Costs (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Cash Received from Subcontractors for Owner Controlled Insurance Program	$ 2,000	$ 1,600	$ 3,200	$ 3,000
General Liability Insurance Deductible	25,000		25,000		$ 20,000
Bodily Injury Insurance Deductible	250		250		250
Bodily Injury Insurance Limit	5,000		5,000		5,000
Aggregate Retention for Construction Defects Warranty and Bodily Injury Claims	$ 25,000		25,000		$ 20,000
Payments by Insurance Companies for Claims			$ 100	$ 100

Note 6 - Warranty Costs - Warra

Note 6 - Warranty Costs - Warranty and General Liability Reserve (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Balance, beginning of period	$ 93,353	$ 88,861	$ 94,916	$ 86,417
Charges incurred during the period	(5,783)	(4,760)	(9,937)	(6,736)
Changes to pre-existing reserves	99	1,412	(950)	1,886
Balance, end of period	91,464	90,025	91,464	90,025
Selling, General and Administrative Expenses [Member]
Additions	2,126	2,409	4,342	4,457
Cost of Sales [Member]
Additions	$ 1,669	$ 2,103	$ 3,093	$ 4,001

Note 7 - Commitments and Cont_2

Note 7 - Commitments and Contingent Liabilities (Details Textual) - USD ($) $ in Millions	May 02, 2018	Apr. 30, 2022
EPA Case Involving a Housing Redevelopment Project in Newark, New Jersey [Member]
Loss Contingency, Percentage of Plaintiff's Costs for Which Reimbursement is Demanded	100.00%
Loss Contingency, Damages Sought, Value	$ 2.7
Great Notch Condominium Claims[Member]
Loss Contingency, Damages Sought, Value		$ 119.5
Spill Fund Lawsuit [Member]
Loss Contingency, Damages Sought, Value		$ 5.3

Note 8 - Cash and Cash Equiva_2

Note 8 - Cash and Cash Equivalents, Restricted Cash and Cash Equivalents and Customer's Deposits (Details Textual) - USD ($) $ in Thousands	Apr. 30, 2022	Oct. 31, 2021	Apr. 30, 2021
Cash Equivalents, at Carrying Value, Total	$ 13,400	$ 15,700
Homebuilding [Member]
Restricted Cash and Cash Equivalents, Total	14,283	16,089	$ 12,753
Financial Services [Member]
Restricted Cash and Cash Equivalents, Total	39,196		$ 36,449
Financial Services [Member] | Customer Deposits [Member]
Restricted Cash and Cash Equivalents, Total	37,200	40,700
Financial Services [Member] | Mortgage Warehouse Lines of Credit [Member]
Restricted Cash and Cash Equivalents, Total	2,000	2,800
Financial Services [Member] | Other Assets [Member]
Restricted Cash and Cash Equivalents, Total	$ 39,200	$ 43,500

Note 9 - Leases (Details Textua

Note 9 - Leases (Details Textual) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 30, 2022USD ($)	Apr. 30, 2022USD ($)
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 1.8	$ 8.4
Minimum [Member] | Office Leases [Member]
Lessee, Operating Lease, Term of Contract (Year)	3 years	3 years
Maximum [Member] | Office Leases [Member]
Lessee, Operating Lease, Term of Contract (Year)	5 years	5 years

Note 9 - Leases - Lease Cost (D

Note 9 - Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Operating lease cost	$ 2,677	$ 2,594	$ 5,265	$ 5,210
Cash payments on lease liabilities	$ 2,214	$ 2,390	$ 4,654	$ 4,688
Weighted-average remaining lease term (in years) (Year)	3 years 4 months 24 days		3 years 4 months 24 days		3 years 1 month 6 days
Weighted-average discount rate (incremental borrowing rate)	9.50%		9.50%		9.40%
Prepaid Expenses and Other Current Assets [Member]
ROU assets	$ 19,619		$ 19,619		$ 17,844
Accounts Payable and Accrued Liabilities [Member]
Lease liabilities	$ 20,742		$ 20,742		$ 18,952

Note 9 - Leases - Maturities of

Note 9 - Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Oct. 31, 2021
2022 (excluding the six months ended April 30, 2022)	$ 4,711
2023	7,714
2024	5,087
2025	4,057
2026	2,758
2027	1,396
Total payments	25,723
Less: imputed interest	(4,981)
Accounts Payable and Accrued Liabilities [Member]
Present value of lease liabilities	$ 20,742	$ 18,952

Note 10 - Mortgage Loans Held_3

Note 10 - Mortgage Loans Held for Sale (Details Textual) $ in Millions	Apr. 30, 2022USD ($)	Oct. 31, 2021USD ($)	Apr. 30, 2021
Number of Loans Reserved For	13		15
Asset Pledged as Collateral without Right [Member]
Financing Receivable, before Allowance for Credit Loss, Total	$ 76.3	$ 136.5

Note 10 - Mortgage Loans Held_4

Note 10 - Mortgage Loans Held for Sale - Loan Origination Reserves (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Loan origination reserves, beginning of period	$ 1,673	$ 1,508	$ 1,632	$ 1,458
Provisions for losses during the period	49	59	90	109
Adjustments to pre-existing provisions for losses from changes in estimates	(8)	(43)	(8)	(43)
Loan origination reserves, end of period	$ 1,714	$ 1,524	$ 1,714	$ 1,524

Note 11 - Mortgages (Details Te

Note 11 - Mortgages (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Apr. 30, 2022	Apr. 30, 2022	Oct. 31, 2021
JP Morgan Chase Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000	$ 50,000
Warehouse Agreement Borrowings	$ 23,900	$ 23,900	$ 45,700
JP Morgan Chase Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument Variable Rate Basis Adjusted Secured Overnight Financing Rate SOFR	0.696%	0.696%
JP Morgan Chase Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.375%	2.375%
JP Morgan Chase Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%	2.50%
Customers Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000	$ 50,000
Warehouse Agreement Borrowings	$ 34,200	$ 34,200	40,500
Customers Bank [Member] | Bloomberg Short-term Bank Yield Index (BSBY) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.125%	2.125%
Customers Bank [Member] | Bloomberg Short-term Bank Yield Index (BSBY) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	4.50%	4.50%
Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member] | Homebuilding [Member]
Secured Debt, Total	$ 196,192	$ 196,192	125,089
Debt Instrument, Collateral Amount	$ 574,300	$ 574,300	$ 448,500
Debt, Weighted Average Interest Rate	4.90%	4.90%	4.40%
Comerica Master Repurchase Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 60,000	$ 60,000
Warehouse Agreement Borrowings	16,400	16,400	$ 48,700
Line of Credit Facility, Maximum Borrowing Capacity Reversion After Initial Period	$ 50,000	$ 50,000
Comerica Master Repurchase Agreement [Member] | Bloomberg Short-term Bank Yield Index (BSBY) [Member]
Debt Instrument Variable Rate Basis Floor Rate	0.50%	0.50%
Comerica Master Repurchase Agreement [Member] | Bloomberg Short-term Bank Yield Index (BSBY) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.875%	1.875%
Comerica Master Repurchase Agreement [Member] | Bloomberg Short-term Bank Yield Index (BSBY) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.25%	3.25%

Note 12 - Senior Notes and Cr_3

Note 12 - Senior Notes and Credit Facilities (Details Textual) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Apr. 30, 2022	Jan. 31, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Debt Covenant Fixed Charge Coverage Ratio Minimum		2			2
Secured Debt Leverage Ratio		4			4
Dividends Payable		$ 2,700			$ 2,700
Dividends, Preferred Stock, Total		2,669	$ 2,669
Gain (Loss) on Extinguishment of Debt, Total		(6,795)		$ 0	(6,795)	$ 0
Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		125,000			125,000
Stand-alone Cash Collateralized Letter of Credit Agreements and Facilities [Member]
Letters of Credit Outstanding, Amount		7,600			7,600		$ 9,300
Stand-alone Cash Collateralized Letter of Credit Agreements and Facilities [Member] | Restricted Cash [Member]
Debt Instrument, Collateral Amount		7,800			7,800		$ 9,900
The Secured Credit Facility, the New Secured Notes, and the Second Lien Notes [Member] | Cash and Cash Equivalents Collateral [Member]
Debt Instrument, Collateral Amount		152,700			152,700
The Secured Credit Facility, the New Secured Notes, and the Second Lien Notes [Member] | Restricted Cash [Member]
Debt Instrument, Collateral Amount		7,800			7,800
The Secured Credit Facility, the New Secured Notes, and the Second Lien Notes [Member] | Real Property [Member]
Debt Instrument, Collateral Amount		394,300			394,300
The Secured Credit Facility, the New Secured Notes, and the Second Lien Notes [Member] | Equity Interests in Joint Venture Holding Companies Collateral [Member]
Debt Instrument, Collateral Amount		100,100			100,100
The 8.0% Senior Notes Due 2027 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Face Amount		$ 26,000			$ 26,000
Debt Instrument, Interest Rate, Stated Percentage	[1]	8.00%			8.00%		8.00%
The 7.75% 2026 Notes [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.75%			7.75%
Debt Instrument, Redeemed, Face Amount		$ 100,000			$ 100,000
Repayments of Secured Debt		105,500
Gain (Loss) on Extinguishment of Debt, Total		$ (6,800)			$ (6,800)
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.75%			7.75%		7.75%
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Two [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		103.875%
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Three [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		101.937%
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Four [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.50%			10.50%		10.50%
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Two [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		105.25%
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Three [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		102.625%
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member] | Debt Instrument, Redemption, Period Four [Member] | Redemption with Net Cash Proceeds from Certain Equity Offerings [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		11.25%			11.25%		11.25%
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Redemption Price, Percentage		102.50%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument, Redemption Price, Percentage		105.00%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		105.00%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period Five [Member]
Debt Instrument, Redemption Price, Percentage		102.50%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Debt Instrument, Redemption, Period Six [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.00%			10.00%		10.00%
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		13.50%			13.50%		13.50%
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		5.00%			5.00%		5.00%
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Redemption Price, Percentage		100.00%
[1]	$26.0 million of 8.0% Senior Notes due 2027 (the "8.0% 2027 Notes") are owned by a wholly-owned consolidated subsidiary of HEI. Therefore, in accordance with GAAP, such notes are not reflected on the Condensed Consolidated Balance Sheets of HEI.

Note 12 - Senior Notes and Cr_4

Note 12 - Senior Notes and Credit Facilities - Senior Notes and Credit Facilities Balances (Details) - USD ($) $ in Thousands		Apr. 30, 2022	Oct. 31, 2021
Senior debt		$ 1,154,852	$ 1,254,852
Net (discounts) premiums		8,386	10,769
Net debt issuance costs		(14,109)	(17,248)
Total notes payable, net of discounts, premiums and debt issuance costs		1,149,129	1,248,373
Senior Secured Notes [Member]
Senior debt		853,093	953,093
Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Senior debt		180,710	180,710
Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Senior debt		39,551	39,551
Senior Secured Revolving Credit Facility [Member]
Senior debt	[1]	0	0
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member]
Senior debt		158,502	158,502
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Senior debt		250,000	350,000
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Senior debt		282,322	282,322
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Senior debt		162,269	162,269
The 8.0% Senior Notes Due 2027 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Senior debt	[2]	0	0
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Senior debt		90,590	90,590
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Senior debt		90,120	90,120
The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member] | Senior Secured Term Loan [Member]
Senior debt		$ 81,498	$ 81,498
[1]	At April 30, 2022, provides for up to $125.0 million in aggregate amount of senior secured first lien revolving loans. Availability thereunder will terminate on December 28, 2022.
[2]	$26.0 million of 8.0% Senior Notes due 2027 (the "8.0% 2027 Notes") are owned by a wholly-owned consolidated subsidiary of HEI. Therefore, in accordance with GAAP, such notes are not reflected on the Condensed Consolidated Balance Sheets of HEI.

Note 12 - Senior Notes and Cr_5

Note 12 - Senior Notes and Credit Facilities - Senior Notes and Credit Facilities Balances (Details) (Parentheticals)		3 Months Ended	6 Months Ended	12 Months Ended
		Apr. 30, 2022	Apr. 30, 2022	Oct. 31, 2021
Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Debt Instrument, Maturity Date		Feb. 1, 2027		Feb. 1, 2027
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.00%	10.00%	10.00%
Debt Instrument, Maturity Date		Nov. 15, 2025	Nov. 15, 2025	Nov. 15, 2025
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.75%	7.75%	7.75%
Debt Instrument, Maturity Date		Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.50%	10.50%	10.50%
Debt Instrument, Maturity Date		Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		11.25%	11.25%	11.25%
Debt Instrument, Maturity Date		Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 8.0% Senior Notes Due 2027 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1]	8.00%	8.00%	8.00%
Debt Instrument, Maturity Date	[1]	Nov. 1, 2027		Nov. 1, 2027
The 13.5% Senior Notes Due 2026 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		13.50%	13.50%	13.50%
Debt Instrument, Maturity Date		Feb. 1, 2026		Feb. 1, 2026
The 5.0% Senior Notes due 2040 [Member] | Unsecured Senior Notes Excluding Senior Amortizing Notes and Senior Exchangeable Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage		5.00%	5.00%	5.00%
Debt Instrument, Maturity Date		Feb. 1, 2040		Feb. 1, 2040
The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member] | Senior Secured Term Loan [Member]
Debt Instrument, Maturity Date		Jan. 31, 2028	Jan. 31, 2028	Jan. 31, 2028
[1]	$26.0 million of 8.0% Senior Notes due 2027 (the "8.0% 2027 Notes") are owned by a wholly-owned consolidated subsidiary of HEI. Therefore, in accordance with GAAP, such notes are not reflected on the Condensed Consolidated Balance Sheets of HEI.

Note 13 - Per Share Calculati_3

Note 13 - Per Share Calculation (Details Textual) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Out of the Money Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	100	27	24	100

Note 13 - Per Share Calculati_4

Note 13 - Per Share Calculation - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Net earnings attributable to Hovnanian	$ 59,766	$ 488,676	$ 81,905	$ 507,635
Less: undistributed earnings allocated to nonvested shares	(5,426)	(44,383)	(7,621)	(46,147)
Numerator for basic earnings per share	54,340	444,293	74,284	461,488
Plus: undistributed earnings allocated to nonvested shares	5,426	44,383	7,621	46,147
Less: undistributed earnings reallocated to nonvested shares	(5,427)	(45,170)	(7,625)	(47,338)
Numerator for diluted earnings per share	$ 54,339	$ 443,506	$ 74,280	$ 460,297
Denominator for basic earnings per share – weighted average shares outstanding (in shares)	6,396	6,248	6,392	6,236
Share based payments (in shares)	81	120	100	95
Denominator for diluted earnings per share – weighted average shares outstanding (in shares)	6,477	6,368	6,492	6,331
Net income per common share (in dollars per share)	$ 8.50	$ 71.11	$ 11.62	$ 74
Diluted earnings per share (in dollars per share)	$ 8.39	$ 69.65	$ 11.44	$ 72.71

Note 14 - Preferred Stock (Deta

Note 14 - Preferred Stock (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jul. 12, 2005	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Preferred Stock, Shares Issued, Total (in shares)		5,600		5,600		5,600
Payments of Dividends, Total				$ 5,338	$ 0
Preferred Class A [Member]
Preferred Stock, Shares Issued, Total (in shares)	5,600
Preferred Stock, Dividend Rate, Percentage	7.625%
Preferred Stock, Liquidation Preference Per Share (in dollars per share)	$ 25,000
Preferred Stock, Depositary Shares, Number of Shares of Preferred Stock in Each Depositary Share (in shares)	0.001
Payments of Dividends, Total		$ 2,700	$ 0	$ 5,300	$ 0

Note 15 - Common Stock (Details

Note 15 - Common Stock (Details Textual) shares in Thousands	3 Months Ended	6 Months Ended
	Apr. 30, 2022shares	Apr. 30, 2022shares	Jan. 11, 2018	Aug. 15, 2008	Jul. 03, 2001shares
Common Stock Dividends Percent of Increase from Class A to Class B	110.00%	110.00%
Conversion of Stock From Class B to Class A Conversion Ratio	1
Shareholder Ownership Percentage of Increase			50.00%
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 (in shares)					200
Stock Repurchased During Period, Shares (in shares)	0	0
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased (in shares)	22	22
Common Class B [Member]
Common Stock Voting Rights Votes per Share Number	10

Note 16 - Income Taxes (Details

Note 16 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021	Oct. 31, 2020
Income Tax Expense (Benefit), Total	$ 18,510	$ (457,644)	$ 29,103	$ (457,018)
Deferred Tax Assets, Net, Total	400,600		400,600
Deferred Tax Assets, Valuation Allowance, Total	101,600		101,600
Contract Backlog	2,100,000		2,100,000
Federal Deferred Tax Assets Related to NOLs and Other Matters [Member]
Deferred Tax Assets, Valuation Allowance, Total						$ 396,500
Deferred Tax Assets Related to State NOLs [Member]
Deferred Tax Assets, Valuation Allowance, Total					$ 101,600	$ 181,000
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount		(78,100)
Domestic Tax Authority [Member]
Income Tax Expense (Benefit), Total	15,923	(366,270)	23,973	(366,270)
Domestic Tax Authority [Member] | Between 2029 and 2038 [Member]
Operating Loss Carryforwards	1,100,000		1,100,000
Domestic Tax Authority [Member] | Indefinite Tax Period [Member]
Operating Loss Carryforwards	15,700		15,700
State and Local Jurisdiction [Member]
Income Tax Expense (Benefit), Total	2,587	$ (91,374)	5,130	$ (90,748)
Operating Loss Carryforwards	2,400,000		2,400,000
State and Local Jurisdiction [Member] | Indefinite Tax Period [Member]
Operating Loss Carryforwards	53,900		53,900
State and Local Jurisdiction [Member] | Between 2022 and 2026 [Member]
Operating Loss Carryforwards	229,800		229,800
State and Local Jurisdiction [Member] | Between 2027 and 2031 [Member]
Operating Loss Carryforwards	1,500,000		1,500,000
State and Local Jurisdiction [Member] | Between 2032 and 2036 [Member]
Operating Loss Carryforwards	396,500		396,500
State and Local Jurisdiction [Member] | Between 2037 and 2041 [Member]
Operating Loss Carryforwards	$ 170,400		$ 170,400

Note 17 - Operating and Repor_3

Note 17 - Operating and Reporting Segments (Details Textual) $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)	Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)
Real Estate Inventory Expense Not Eligible for Capitalization	[1],[2]	$ 12,425	$ 22,033	$ 25,818	$ 46,008
Gain (Loss) on Extinguishment of Debt, Total		(6,795)	0	(6,795)	0
Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization		9,000	17,500	20,500	33,700
Corporate, Non-Segment [Member]
General and Administrative Expense, Total		21,700	40,400	51,100	63,900
Gain (Loss) on Extinguishment of Debt, Total		6,800		6,800
Other Nonoperating Income (Expense), Total		1,300	(300)	700	(100)
Corporate, Non-Segment [Member] | Qualifying Assets Not Exceeding Debt [Member]
Real Estate Inventory Expense Not Eligible for Capitalization		$ 9,000	$ 17,500	$ 20,500	$ 33,700
Homebuilding [Member]
Number of Reportable Segments		6			6
[1]	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:
[2]	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 $9.0 million and $17.5 million for the three months ended April 30, 2022 and 2021, respectively, and $20.5 million and $33.7 million for the six months ended April 30, 2022 and 2021, 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 $3.4 million and $4.5 million for the three months ended April 30, 2022 and 2021, respectively, and $5.3 million and 12.3 million for the six months ended April 30, 2022 and 2021.

Note 17 - Operating and Repor_4

Note 17 - Operating and Reporting Segments - Financial Information Relating to Segment Operations (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Revenues, Total		$ 702,537	$ 703,162	$ 1,267,850	$ 1,277,826
Income (loss) before income taxes		80,945	31,032	116,346	50,617
Corporate, Non-Segment [Member]
Revenues, Total		13	4	20	10
Income (loss) before income taxes	[1]	(36,218)	(58,183)	(77,661)	(97,701)
Homebuilding [Member]
Revenues, Total		686,831	681,434	1,238,835	1,236,601
Homebuilding [Member] | Operating Segments [Member]
Revenues, Total		686,818	681,430	1,238,815	1,236,591
Income (loss) before income taxes		112,249	78,848	186,184	128,808
Homebuilding [Member] | Northeast [Member] | Operating Segments [Member]
Revenues, Total		55,126	30,189	75,485	62,233
Income (loss) before income taxes		8,423	5,068	10,873	9,662
Homebuilding [Member] | Mid-Atlantic [Member] | Operating Segments [Member]
Revenues, Total		129,001	112,200	228,615	205,145
Income (loss) before income taxes		27,948	12,010	44,685	22,711
Homebuilding [Member] | Midwest [Member] | Operating Segments [Member]
Revenues, Total		56,793	64,079	111,765	123,236
Income (loss) before income taxes		1,629	4,128	2,280	7,712
Homebuilding [Member] | Southeast [Member] | Operating Segments [Member]
Revenues, Total		73,235	80,917	128,817	126,691
Income (loss) before income taxes		10,760	6,504	20,922	6,858
Homebuilding [Member] | Southwest [Member] | Operating Segments [Member]
Revenues, Total		231,882	217,312	426,392	407,721
Income (loss) before income taxes		34,769	29,275	56,645	50,325
Homebuilding [Member] | West [Member] | Operating Segments [Member]
Revenues, Total		140,781	176,733	267,741	311,565
Income (loss) before income taxes		28,720	21,863	50,779	31,540
Financial Services [Member]
Revenues, Total		15,706	21,728	29,015	41,225
Financial Services [Member] | Operating Segments [Member]
Revenues, Total		15,706	21,728	29,015	41,225
Income (loss) before income taxes		$ 4,914	$ 10,367	$ 7,823	$ 19,510
[1]	Corporate and unallocated for the three months ended April 30, 2022 included corporate general and administrative costs of $21.7 million, interest expense of $9.0 million (a component of Other interest on our Condensed Consolidated Statements of Operations), loss on extinguishment of debt of $6.8 million, and $(1.3) million of other income and expenses primarily related to interest income and stock compensation. Corporate and unallocated for the six months ended April 30, 2022 included corporate general and administrative costs of $51.1 million, interest expense of $20.5 million (a component of Other interest on our Condensed Consolidated Statements of Operations), loss on extinguishment of debt of $6.8 million, and $(0.7) million of other income and expenses primarily related to interest income and stock compensation. Corporate and unallocated for the three months ended April 30, 2021 included corporate general and administrative costs of $40.4 million, interest expense of $17.5 million (a component of Other interest on our Condensed Consolidated Statements of Operations), and $0.3 million of other income and expenses primarily related to interest income and stock compensation. Corporate and unallocated for the six months ended April 30, 2021 included corporate general and administrative costs of $63.9 million, interest expense of $33.7 million (a component of Other interest on our Condensed Consolidated Statements of Operations), and $0.1 million of other income and expenses.

Note 17 - Operating and Repor_5

Note 17 - Operating and Reporting Segments - Financial Information Relating to Segment Financial Position (Details) - USD ($) $ in Thousands		Apr. 30, 2022	Oct. 31, 2021
Assets		$ 2,384,169	$ 2,320,508
Corporate, Non-Segment [Member]
Assets		614,155	725,857
Homebuilding [Member]
Assets		1,845,359	1,692,072
Homebuilding [Member] | Operating Segments [Member]
Assets		1,631,761	1,391,893
Homebuilding [Member] | Northeast [Member] | Operating Segments [Member]
Assets		164,887	133,390
Homebuilding [Member] | Mid-Atlantic [Member] | Operating Segments [Member]
Assets		341,929	273,073
Homebuilding [Member] | Midwest [Member] | Operating Segments [Member]
Assets		77,366	85,044
Homebuilding [Member] | Southeast [Member] | Operating Segments [Member]
Assets		306,499	257,044
Homebuilding [Member] | Southwest [Member] | Operating Segments [Member]
Assets		500,108	413,532
Homebuilding [Member] | West [Member] | Operating Segments [Member]
Assets		240,972	229,810
Financial Services [Member]
Assets		138,253	202,758
Financial Services [Member] | Operating Segments [Member]
Assets	[1]	$ 138,253	$ 202,758
[1]	Deferred tax assets for the Financial services segment are included in the Deferred tax assets, net line on the Condensed Consolidated Balance Sheets.

Note 18 - Investments in Unco_3

Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)	Apr. 30, 2022USD ($)	Apr. 30, 2021USD ($)	Oct. 31, 2021USD ($)	Oct. 31, 2020
Equity Method Investment, Other than Temporary Impairment			$ 0	$ 0
Revenues, Total	$ 702,537	$ 703,162	$ 1,267,850	$ 1,277,826
Joint Venture Total Debt to Capitalization Ratio	26.00%		26.00%
Homebuilding and Land Development Joint Ventures [Member]
Equity Method Investment, Number of Unconsolidated Joint Ventures	10	13			10
Equity Method Investment, Estimated Percentage Share of Net Loss Without Investment Write Off					50.00%
Minimum [Member] | Homebuilding and Land Development Joint Ventures [Member]
Equity Method Investment, Ownership Percentage	20.00%	20.00%	20.00%	20.00%
Maximum [Member] | Homebuilding and Land Development Joint Ventures [Member]
Equity Method Investment, Ownership Percentage	50.00%	50.00%	50.00%	50.00%		50.00%
Homebuilding [Member]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures, Total	$ 67,344		$ 67,344		$ 60,897
Revenues, Total	686,831	$ 681,434	1,238,835	$ 1,236,601
Homebuilding [Member] | Management Fees [Member]
Revenues, Total	3,200	$ 3,000	5,600	$ 5,300
Corporate Joint Venture [Member]
Advances to Affiliate	$ 2,100		$ 2,100		$ 2,200

Note 18 - Investments in Unco_4

Note 18 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures - Unconsolidated Homebuilding and Land Development Joint Ventures (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Jan. 31, 2022	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Assets	$ 2,384,169		$ 2,384,169			$ 2,320,508
Liabilities	2,125,770		2,125,770			2,145,124
Hovnanian Enterprises, Inc.	258,003		258,003			174,897
Others	396		396			487
Total equity	258,399	$ 72,714	258,399	$ 72,714	$ 196,887	175,384	$ (416,335)	$ (436,094)
Total liabilities and equity	$ 2,384,169		$ 2,384,169			2,320,508
Debt to capitalization ratio	26.00%		26.00%
Revenues, Total	$ 702,537	703,162	$ 1,267,850	1,277,826
Joint venture net income (loss)	62,435	488,676	87,243	507,635
Our share of net income	3,171	2,641	11,362	4,557
Corporate Joint Venture [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Cash and cash equivalents	143,292		143,292			134,935
Inventories	456,277		456,277			442,347
Other assets	38,288		38,288			34,551
Assets	637,857		637,857			611,833
Accounts payable and accrued liabilities	460,405		460,405			387,798
Notes payable	45,772		45,772			73,994
Liabilities	506,177		506,177			461,792
Hovnanian Enterprises, Inc.	65,219		65,219			58,714
Others	66,461		66,461			91,327
Total equity	131,680		131,680			150,041
Total liabilities and equity	$ 637,857		$ 637,857			$ 611,833
Debt to capitalization ratio	26.00%		26.00%			33.00%
Revenues, Total	$ 87,396	91,954	$ 157,100	163,681
Cost of sales and expenses	(78,291)	(87,845)	(143,899)	(159,146)
Joint venture net income (loss)	9,105	4,109	13,201	4,535
Our share of net income	3,170	2,750	11,362	4,756
Homebuilding Joint Venture [Member] | Corporate Joint Venture [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Cash and cash equivalents	141,858		141,858			$ 132,963
Inventories	456,277		456,277			442,347
Other assets	38,288		38,288			34,551
Assets	636,423		636,423			609,861
Accounts payable and accrued liabilities	459,344		459,344			386,117
Notes payable	45,772		45,772			73,994
Liabilities	505,116		505,116			460,111
Hovnanian Enterprises, Inc.	64,921		64,921			58,460
Others	66,386		66,386			91,290
Total equity	131,307		131,307			149,750
Total liabilities and equity	$ 636,423		$ 636,423			$ 609,861
Debt to capitalization ratio	26.00%		26.00%			33.00%
Revenues, Total	$ 87,396	91,526	$ 156,987	162,990
Cost of sales and expenses	(78,286)	(87,696)	(143,868)	(158,969)
Joint venture net income (loss)	9,110	3,830	13,119	4,021
Our share of net income	3,170	2,637	11,317	4,548
Land Development Joint Venture [Member] | Corporate Joint Venture [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Cash and cash equivalents	1,434		1,434			$ 1,972
Inventories	0		0			0
Other assets	0		0			0
Assets	1,434		1,434			1,972
Accounts payable and accrued liabilities	1,061		1,061			1,681
Notes payable	0		0			0
Liabilities	1,061		1,061			1,681
Hovnanian Enterprises, Inc.	298		298			254
Others	75		75			37
Total equity	373		373			291
Total liabilities and equity	$ 1,434		$ 1,434			$ 1,972
Debt to capitalization ratio	0.00%		0.00%			0.00%
Revenues, Total	$ 0	428	$ 113	691
Cost of sales and expenses	(5)	(149)	(31)	(177)
Joint venture net income (loss)	(5)	279	82	514
Our share of net income	$ 0	$ 113	$ 45	$ 208

Note 20 - Fair Value of Finan_3

Note 20 - Fair Value of Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Loans Held for Sale Mortgages Unpaid Principal	$ 91,600		$ 91,600		$ 146,500
Other Commitment, Total	28,500		28,500
Impairment of Real Estate	0	$ 0	0	$ 800
Senior Secured Revolving Credit Facility [Member]
Long-term Line of Credit, Total	0		0		$ 0
Fair Value, Nonrecurring [Member]
Assets, Fair Value Disclosure	0		0
Loan Origination Commitments [Member]
Loan Applications in Process	$ 1,100,000		1,100,000
Loan Origination Commitments [Member] | Maximum [Member]
Number of Days in Committment (Day)	60 days
Interest Rate Committed Loan Applications [Member]
Interest Rate Committed Loan Applications	$ 124,100		$ 124,100

Note 20 - Fair Value of Finan_4

Note 20 - Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands		Apr. 30, 2022	Oct. 31, 2021
Total		$ 93,404	$ 151,104
Fair Value, Inputs, Level 2 [Member]
Mortgage loans held for sale	[1]	93,196	151,059
Total		93,690	150,952
Fair Value, Inputs, Level 2 [Member] | Forward Contracts [Member]
Derivative Fair Value		494	(107)
Fair Value, Inputs, Level 3 [Member] | Interest Rate Lock Commitments [Member]
Derivative Fair Value		$ (286)	$ 152
[1]	The aggregate unpaid principal balance was $91.6 million and $146.5 million at April 30, 2022 and October 31, 2021, respectively.

Note 20 - Fair Value of Finan_5

Note 20 - Fair Value of Financial Instruments - Changes in Fair Values Included in Income (Loss) (Details) - Financial Services Revenue Line Item [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Loans Held for Sale [Member]
Changes in fair value included in net income all reflected in financial services revenues	$ (416)	$ (636)	$ 1,566	$ 4,257
Interest Rate Lock Commitments [Member]
Changes in fair value included in net income all reflected in financial services revenues	359	385	(286)	439
Forward Contracts [Member]
Changes in fair value included in net income all reflected in financial services revenues	$ 359	$ (252)	$ 494	$ (403)

Note 20 - Fair Value of Finan_6

Note 20 - Fair Value of Financial Instruments - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Total Losses	$ 0	$ 0	$ 0	$ (800)
Sold and Unsold Homes and Lots Under Development [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Pre-Impairment Amount				2,286
Total Losses				(843)
Fair Value of Inventory				1,443
Land and Land Options Held for Future Development or Sale [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Pre-Impairment Amount				0
Total Losses				0
Fair Value of Inventory				$ 0

Note 20 - Fair Value of Finan_7

Note 20 - Fair Value of Financial Instruments - Fair Value of Notes (Details) - USD ($) $ in Thousands	Apr. 30, 2022	Oct. 31, 2021
Notes, Fair Value	$ 1,143,118	$ 1,266,892
Senior Secured Notes [Member] | The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member]
Notes, Fair Value	167,172	167,348
Senior Secured Notes [Member] | The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	249,625	366,426
Senior Secured Notes [Member] | The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	288,477	300,913
Senior Secured Notes [Member] | The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	162,139	162,548
Senior Notes [Member] | The 13.5% 2026 Notes [Member]
Notes, Fair Value	96,723	92,331
Senior Notes [Member] | The 5.0% 2040 Notes [Member]
Notes, Fair Value	61,480	63,084
Unsecured Senior Term Loan [Member] | Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Notes, Fair Value	31,546	28,196
Senior Secured Term Loan [Member] | The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member]
Notes, Fair Value	85,956	86,046
Fair Value, Inputs, Level 1 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 1 [Member] | Senior Secured Notes [Member] | The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Secured Notes [Member] | The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Secured Notes [Member] | The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Secured Notes [Member] | The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 1 [Member] | Senior Notes [Member] | The 13.5% 2026 Notes [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Notes [Member] | The 5.0% 2040 Notes [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 1 [Member] | Unsecured Senior Term Loan [Member] | Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 1 [Member] | Senior Secured Term Loan [Member] | The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 2 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Secured Notes [Member] | The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Secured Notes [Member] | The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Secured Notes [Member] | The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Secured Notes [Member] | The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 2 [Member] | Senior Notes [Member] | The 13.5% 2026 Notes [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Notes [Member] | The 5.0% 2040 Notes [Member]
Notes, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member] | Unsecured Senior Term Loan [Member] | Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 2 [Member] | Senior Secured Term Loan [Member] | The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member]
Notes, Fair Value		0
Fair Value, Inputs, Level 3 [Member]
Notes, Fair Value	1,143,118	1,266,892
Fair Value, Inputs, Level 3 [Member] | Senior Secured Notes [Member] | The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member]
Notes, Fair Value	167,172	167,348
Fair Value, Inputs, Level 3 [Member] | Senior Secured Notes [Member] | The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	249,625	366,426
Fair Value, Inputs, Level 3 [Member] | Senior Secured Notes [Member] | The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	288,477	300,913
Fair Value, Inputs, Level 3 [Member] | Senior Secured Notes [Member] | The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member]
Notes, Fair Value	162,139	162,548
Fair Value, Inputs, Level 3 [Member] | Senior Notes [Member] | The 13.5% 2026 Notes [Member]
Notes, Fair Value	96,723	92,331
Fair Value, Inputs, Level 3 [Member] | Senior Notes [Member] | The 5.0% 2040 Notes [Member]
Notes, Fair Value		63,084
Fair Value, Inputs, Level 3 [Member] | Unsecured Senior Term Loan [Member] | Senior Unsecured Term Loan Credit Facility Due 2027 [Member]
Notes, Fair Value	31,546	28,196
Fair Value, Inputs, Level 3 [Member] | Senior Secured Term Loan [Member] | The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member]
Notes, Fair Value	$ 85,956	$ 86,046

Note 20 - Fair Value of Finan_8

Note 20 - Fair Value of Financial Instruments - Fair Value of Notes (Details) (Parentheticals)	3 Months Ended	6 Months Ended	12 Months Ended
	Apr. 30, 2022	Apr. 30, 2022	Oct. 31, 2021
The 10.0% Senior Secured 1.75 Lien Notes due 2025 [Member] | Senior Secured Notes [Member]
Debt Instrument, Stated Interest Rate	10.00%	10.00%	10.00%
Debt Instrument, Maturity Date	Nov. 15, 2025	Nov. 15, 2025	Nov. 15, 2025
The 7.75% Senior Secured 1.125 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Stated Interest Rate	7.75%	7.75%	7.75%
Debt Instrument, Maturity Date	Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 10.5% Senior Secured 1.25 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Stated Interest Rate	10.50%	10.50%	10.50%
Debt Instrument, Maturity Date	Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 11.25% Senior Secured 1.5 Lien Notes due February 15, 2026 [Member] | Senior Secured Notes [Member]
Debt Instrument, Stated Interest Rate	11.25%	11.25%	11.25%
Debt Instrument, Maturity Date	Feb. 15, 2026	Feb. 15, 2026	Feb. 15, 2026
The 13.5% 2026 Notes [Member] | Senior Notes [Member]
Debt Instrument, Stated Interest Rate	13.50%	13.50%	13.50%
Debt Instrument, Maturity Date		Feb. 1, 2026	Feb. 1, 2026
The 5.0% 2040 Notes [Member] | Senior Notes [Member]
Debt Instrument, Stated Interest Rate	5.00%	5.00%	5.00%
Debt Instrument, Maturity Date		Feb. 1, 2040	Feb. 1, 2040
Senior Unsecured Term Loan Credit Facility Due 2027 [Member] | Unsecured Senior Term Loan [Member]
Debt Instrument, Maturity Date		Feb. 1, 2027	Feb. 1, 2027
The 10.0% Senior Secured 1.75 Lien Term Loans Due 2028 [Member] | Senior Secured Term Loan [Member]
Debt Instrument, Maturity Date	Jan. 31, 2028	Jan. 31, 2028	Jan. 31, 2028

Note 21 - Transactions With R_2

Note 21 - Transactions With Related Parties (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Tavit Najarian [Member]
Related Party Transaction, Amounts of Transaction	$ 0.3	$ 0.1	$ 0.5	$ 0.2