Toll Brothers (TOL) 10-K 21 Dec 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Dec. 11, 2015	Apr. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	TOLL BROTHERS INC
Entity Central Index Key	794,170
Document Type	10-K
Document Period End Date	Oct. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		174,322,000
Entity Information [Line Items]
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 5,743,487

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
ASSETS
Cash and cash equivalents	$ 918,993	$ 586,315
Marketable securities	10,001	12,026
Restricted cash	16,795	18,342
Inventory	6,997,516	6,490,321
Property, construction and office equipment, net	136,755	143,010
Receivables, prepaid expenses, and other assets	284,130	233,127
Mortgage loans held for sale	123,175	101,944
Customer deposits held in escrow	56,105	42,073
Investments in unconsolidated entities	412,860	447,078
Investments in foreclosed real estate and distressed loans	51,730	73,800
Deferred tax assets, net of valuation allowances	198,455	250,421
Total assets	9,206,515	8,398,457
Liabilities:
Loans payable	1,000,439	652,619
Senior notes	2,689,801	2,638,241
Mortgage company loan facility	100,000	90,281
Customer deposits	284,309	223,799
Accounts payable	236,953	225,347
Accrued expenses	608,066	581,477
Income taxes payable	58,868	125,996
Total liabilities	4,978,436	4,537,760
Stockholders' equity:
Preferred stock, none issued	0	0
Common stock, 177,931 and 177,930 shares issued at October 31, 2015 and October 31, 2014, respectively	1,779	1,779
Additional paid-in capital	728,125	712,162
Retained earnings	3,595,202	3,232,035
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively	(100,040)	(88,762)
Accumulated other comprehensive loss	(2,509)	(2,838)
Total stockholders' equity	4,222,557	3,854,376
Noncontrolling interest	5,522	6,321
Total equity	4,228,079	3,860,697
Total liabilities and stockholders' equity	$ 9,206,515	$ 8,398,457

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Oct. 31, 2015	Oct. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, shares issued	0	0
Common stock, shares issued	177,931	177,930
Treasury stock, at cost	3,084	2,884

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Revenues	$ 4,171,248	$ 3,911,602	$ 2,674,299
Cost of revenues	3,269,270	3,081,837	2,133,300
Selling, general and administrative	455,108	432,516	339,932
Total	3,724,378	3,514,353	2,473,232
Income from operations	446,870	397,249	201,067
Other:
Income (loss) from unconsolidated entities	21,119	41,141	14,392
Other income - net	67,573	66,192	52,238
Income before income taxes	535,562	504,582	267,697
Income tax provision	172,395	164,550	97,091
Net income	363,167	340,032	170,606
Other comprehensive (loss) income, net of tax:
Change in pension liability	311	(677)	2,334
Change in fair value of available-for-sale securities	2	3	(186)
Change in unrealized income (loss) on derivative held by equity investee	16	223	284
Other comprehensive (loss) income	329	(451)	2,432
Total comprehensive income	$ 363,496	$ 339,581	$ 173,038
Income per share:
Basic	$ 2.06	$ 1.91	$ 1.01
Diluted	$ 1.97	$ 1.84	$ 0.97
Weighted average number of shares:
Basic	176,425	177,578	169,288
Diluted	184,703	185,875	177,963

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Shares, Issued at Oct. 31, 2012		168,690
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2012	$ 3,127,871	$ 1,687	$ 404,418	$ 2,721,397	$ (983)	$ (4,819)	$ 6,171
Net Income Attributable to Parent	$ 170,606			$ 170,606
Treasury Stock, Shares, Acquired	(498)
Treasury Stock, Value, Acquired, Cost Method	$ (15,377)				$ (15,377)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		654
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	34,001	$ 7	$ 17,996		15,998
Stock Issued During Period, Shares, Employee Stock Purchase Plans		9
Stock Issued During Period, Value, Employee Stock Purchase Plan	584		222		$ 362
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	19,041		$ 19,041
Other Comprehensive Income (Loss), Net of Tax	2,432					$ 2,432
Net Income (Loss) Attributable to Noncontrolling Interest	(27)						$ (27)
Proceeds from Noncontrolling Interests	33						33
Shares, Issued at Oct. 31, 2013		169,353
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2013	3,339,164	$ 1,694	$ 441,677	$ 2,892,003	$ 0	$ (2,387)	$ 6,177
Net Income Attributable to Parent	340,032			$ 340,032
Stock Issued During Period, Shares, New Issues		7,188
Stock Issued During Period, Value, New Issues	$ 220,438	$ 72	$ 220,366
Treasury Stock, Shares, Acquired	(2,947)
Treasury Stock, Value, Acquired, Cost Method	$ (90,754)				$ (90,754)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		1,389
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	29,753	$ 13	$ 28,197		1,543
Stock Issued During Period, Shares, Employee Stock Purchase Plans
Stock Issued During Period, Value, Employee Stock Purchase Plan	715		266		$ 449
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	21,656		$ 21,656
Other Comprehensive Income (Loss), Net of Tax	(451)					$ (451)
Net Income (Loss) Attributable to Noncontrolling Interest	(28)						$ (28)
Proceeds from Noncontrolling Interests	172						172
Shares, Issued at Oct. 31, 2014		177,930
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2014	3,860,697	$ 1,779	$ 712,162	$ 3,232,035	$ (88,762)	$ (2,838)	$ 6,321
Net Income Attributable to Parent	$ 363,167			$ 363,167
Treasury Stock, Shares, Acquired	(1,665)
Treasury Stock, Value, Acquired, Cost Method	$ (56,888)				$ (56,888)
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures		1
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	37,826		$ (6,956)		44,782
Stock Issued During Period, Shares, Employee Stock Purchase Plans
Stock Issued During Period, Value, Employee Stock Purchase Plan	844		16		$ 828
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	22,903		$ 22,903
Other Comprehensive Income (Loss), Net of Tax	329					$ 329
Net Income (Loss) Attributable to Noncontrolling Interest	(14)						$ (14)
Proceeds from Noncontrolling Interests	(785)						(785)
Shares, Issued at Oct. 31, 2015		177,931
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2015	$ 4,228,079	$ 1,779	$ 728,125	$ 3,595,202	$ (100,040)	$ (2,509)	$ 5,522

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Cash flow (used in) provided by operating activities:
Net income	$ 363,167	$ 340,032	$ 170,606
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization	23,557	22,999	25,210
Stock-based compensation	22,903	21,656	19,041
Excess tax benefits from stock-based compensation	(1,628)	(7,593)	(24,417)
Income Loss from Unconsolidated Entities	(21,119)	(41,141)	(14,392)
Distributions of earnings from unconsolidated entities	19,459	43,973	23,468
Income from distressed loans and foreclosed real estate	(13,269)	(15,833)	(16,312)
Deferred tax provision	62,084	47,431	75,219
Change in deferred tax valuation allowances	(12,642)	(11,929)	(1,337)
Inventory impairments and write-offs	35,709	20,678	4,523
Other	(316)	(22)	117
Changes in operating assets and liabilities
Increase in inventory	(351,983)	(271,982)	(941,314)
Origination of mortgage loans	(1,029,112)	(818,515)	(743,497)
Sale of mortgage loans	1,007,671	829,948	716,586
Decrease in restricted cash	1,547	13,694	15,240
Increase in receivables, prepaid expenses and other assets	(55,553)	(5,214)	(51,794)
Increase in customer deposits	46,478	10,516	52,383
Increase in accounts payable and accrued expenses	28,729	82,101	100,463
(Decrease)/Increase in income taxes payable	(65,500)	52,401	21,244
Net cash provided by (used in) operating activities	60,182	313,200	(568,963)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	$ (9,447)	$ (15,074)	(26,567)
Purchase of marketable securities			(36,202)
Sale and redemption of marketable securities	$ 2,000	$ 40,242	417,846
Investment in unconsolidated entities	(123,940)	(113,029)	(93,398)
Return of investments in unconsolidated entities	39,766	73,845	69,809
Investment in foreclosed real estate and distressed loans	(2,624)	(2,089)	(26,155)
Return of investments in foreclosed real estate and distressed loans	37,625	$ 53,130	$ 27,370
Net increase in cash from purchase of joint venture interest	$ 3,848
Acquisition of a business, net of cash acquired		$ (1,489,116)
Net cash (used in) provided by investing activities	$ (52,772)	(1,452,091)	$ 332,703
Cash flow provided by financing activities:
Proceeds from issuance of senior notes	350,000	600,000	$ 400,383
Debt issuance costs for senior notes	(3,175)	(4,739)
Proceeds from loans payable	$ 1,954,432	2,229,371	$ 1,164,531
Debt issuance costs for loans payable		(3,063)
Principal payments of loans payable	$ (1,659,458)	(1,767,115)	$ (1,195,524)
Repayments of Senior Debt	$ (300,000)	(267,960)	$ (163,853)
Net proceeds from issuance of common stock		220,365
Proceeds from stock-based benefit plans	$ 39,514	28,364	$ 15,798
Excess tax benefits from stock-based compensation	1,628	7,593	24,417
Purchase of treasury stock	(56,888)	(90,754)	(15,377)
(Payments) receipts related to noncontrolling Interest, net	(785)	172	33
Net cash provided by (used in) financing activities	325,268	952,234	230,408
Net increase (decrease) in cash and cash equivalents	332,678	(186,657)	(5,852)
Cash and cash equivalents, beginning of period	586,315	772,972	778,824
Cash and cash equivalents, end of period	$ 918,993	$ 586,315	$ 772,972

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Oct. 31, 2015
Significant Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements include the accounts of Toll Brothers, Inc. (the “Company,” “we,” “us,” or “our”), a Delaware corporation, and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. Investments in 50% or less owned partnerships and affiliates are accounted for using the equity method unless it is determined that we have effective control of the entity, in which case we would consolidate the entity. References herein to fiscal year refer to our fiscal years ended or ending October 31. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Cash and Cash Equivalents Liquid investments or investments with original maturities of three months or less are classified as cash equivalents. Marketable Securities Marketable securities are classified as available-for-sale and, accordingly, are stated at fair value, which is based on quoted market prices. Changes in unrealized gains and losses are excluded from earnings and are reported as other comprehensive income, net of income tax effects, if any. The cost of marketable securities sold is based on the specific identification method. Restricted Cash Restricted cash primarily represents cash deposits collateralizing certain deductibles under insurance policies, outstanding letters of credit outside of our bank revolving credit facility, and cash deposited into a voluntary employee benefit association to fund certain future employee benefits. Inventory Inventory is stated at cost unless an impairment exists, in which case it is written down to fair value in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment” (“ASC 360”). In addition to direct land acquisition costs, land development costs, and home construction costs, costs also include interest, real estate taxes, and direct overhead related to development and construction, which are capitalized to inventory during the period beginning with the commencement of development and ending with the completion of construction. For those communities that have been temporarily closed, no additional capitalized interest is allocated to a community’s inventory until it reopens. While the community remains closed, carrying costs such as real estate taxes are expensed as incurred. We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to cost of revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred. Once a parcel of land has been approved for development and we open one of our typical communities, it may take four or more years to fully develop, sell, and deliver all the homes in such community. Longer or shorter time periods are possible depending on the number of home sites in a community and the sales and delivery pace of the homes in a community. Our master planned communities, consisting of several smaller communities, may take up to 10 years or more to complete. Because our inventory is considered a long-lived asset under GAAP, we are required, under ASC 360, to regularly review the carrying value of each community and write down the value of those communities for which we believe the values are not recoverable. Operating Communities : When the profitability of an operating community deteriorates, the sales pace declines significantly, or some other factor indicates a possible impairment in the recoverability of the asset, the asset is reviewed for impairment by comparing the estimated future undiscounted cash flow for the community to its carrying value. If the estimated future undiscounted cash flow is less than the community’s carrying value, the carrying value is written down to its estimated fair value. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. The impairment is charged to cost of revenues in the period in which the impairment is determined. In estimating the future undiscounted cash flow of a community, we use various estimates such as (i) the expected sales pace in a community, based upon general economic conditions that will have a short-term or long-term impact on the market in which the community is located and on competition within the market, including the number of home sites available and pricing and incentives being offered in other communities owned by us or by other builders; (ii) the expected sales prices and sales incentives to be offered in a community; (iii) costs expended to date and expected to be incurred in the future, including, but not limited to, land and land development, home construction, interest, and overhead costs; (iv) alternative product offerings that may be offered in a community that will have an impact on sales pace, sales price, building cost, or the number of homes that can be built on a particular site; and (v) alternative uses for the property such as the possibility of a sale of the entire community to another builder or the sale of individual home sites. Future Communities : We evaluate all land held for future communities or future sections of operating communities, whether owned or under contract, to determine whether or not we expect to proceed with the development of the land as originally contemplated. This evaluation encompasses the same types of estimates used for operating communities described above, as well as an evaluation of the regulatory environment applicable to the land and the estimated probability of obtaining the necessary approvals, the estimated time and cost it will take to obtain the approvals, and the possible concessions that will be required to be given in order to obtain them. Concessions may include cash payments to fund improvements to public places such as parks and streets, dedication of a portion of the property for use by the public or as open space, or a reduction in the density or size of the homes to be built. Based upon this review, we decide (i) as to land under contract to be purchased, whether the contract will likely be terminated or renegotiated, and (ii) as to land owned, whether the land will likely be developed as contemplated or in an alternative manner, or should be sold. We then further determine whether costs that have been capitalized to the community are recoverable or should be written off. The write-off is charged to cost of revenues in the period in which the need for the write-off is determined. The estimates used in the determination of the estimated cash flows and fair value of both current and future communities are based on factors known to us at the time such estimates are made and our expectations of future operations and economic conditions. Should the estimates or expectations used in determining estimated fair value deteriorate in the future, we may be required to recognize additional impairment charges and write-offs related to current and future communities. Variable Interest Entities We are required to consolidate variable interest entities (“VIEs”) in which we have a controlling financial interest in accordance with ASC 810, “Consolidation” (“ASC 810”). A controlling financial interest will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance, and (ii) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. Our variable interest in VIEs may be in the form of equity ownership, contracts to purchase assets, management services, and development agreements between us and a VIE, loans provided by us to a VIE or other member, and/or guarantees provided by members to banks and other parties. We have a significant number of land purchase contracts and several investments in unconsolidated entities which we evaluate in accordance with ASC 810. We analyze our land purchase contracts and the unconsolidated entities in which we have an investment to determine whether the land sellers and unconsolidated entities are VIEs and, if so, whether we are the primary beneficiary. We examine specific criteria and use our judgment when determining if we are the primary beneficiary of a VIE. Factors considered in determining whether we are the primary beneficiary include risk and reward sharing, experience and financial condition of other member(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE’s executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality between us and the other member(s), and contracts to purchase assets from VIEs. The determination whether an entity is a VIE and, if so, whether we are the primary beneficiary may require significant judgment. Property, Construction, and Office Equipment Property, construction, and office equipment are recorded at cost and are stated net of accumulated depreciation of $138.7 million and $171.1 million at October 31, 2015 and 2014 , respectively. Depreciation is recorded using the straight-line method over the estimated useful lives of the assets. In fiscal 2015 , 2014 , and 2013 , we recognized $15.7 million , $13.4 million , and $10.8 million of depreciation expense, respectively. Mortgage Loans Held for Sale Residential mortgage loans held for sale are measured at fair value in accordance with the provisions of ASC 825, “Financial Instruments” (“ASC 825”). We believe the use of ASC 825 improves consistency of mortgage loan valuations between the date the borrower locks in the interest rate on the pending mortgage loan and the date of the mortgage loan sale. At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date, and such pricing is applied to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the fair value of our forward loan commitments as a gain or loss. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan. In addition, the recognition of net origination costs and fees associated with residential mortgage loans originated are expensed as incurred. These gains and losses, interest income, and origination costs and fees are recognized in “Other income - net” in the accompanying Consolidated Statements of Operations and Comprehensive Income. Investments in Unconsolidated Entities In accordance with ASC 323, “Investments—Equity Method and Joint Ventures,” we review each of our investments on a quarterly basis for indicators of impairment. A series of operating losses of an investee, the inability to recover our invested capital, or other factors may indicate that a loss in value of our investment in the unconsolidated entity has occurred. If a loss exists, we further review the investment to determine if the loss is other than temporary, in which case we write down the investment to its fair value. The evaluation of our investment in unconsolidated entities entails a detailed cash flow analysis using many estimates, including, but not limited to, expected sales pace, expected sales prices, expected incentives, costs incurred and anticipated, sufficiency of financing and capital, competition, market conditions, and anticipated cash receipts, in order to determine projected future distributions. In addition, for rental properties, we review rental trends, expected future expenses, and expected cash flows to determine estimated fair values of the properties. Each of the unconsolidated entities evaluates its inventory in a similar manner as we do. See “Inventory” above for more detailed disclosure on our evaluation of inventory. If a valuation adjustment is recorded by an unconsolidated entity related to its assets, our proportionate share is reflected in income from unconsolidated entities with a corresponding decrease to our investment in unconsolidated entities. We are a party to several joint ventures with unrelated parties to develop and sell land that is owned by the joint ventures. We recognize our proportionate share of the earnings from the sale of home sites to other builders, including our joint venture partners. We do not recognize earnings from the home sites we purchase from these ventures, at the time of purchase; instead, our cost basis in those home sites is reduced by our share of the earnings realized by the joint venture from sales of those home sites to us. We are also a party to several other joint ventures. We recognize our proportionate share of the earnings and losses of our unconsolidated entities. Investments in Foreclosed Real Estate and Distressed Loans Foreclosed Real Estate Owned (“REO”): REO assets, either directly owned or owned through a participation arrangement, acquired through subsequent foreclosure or deed in lieu actions on non-performing loans, are initially recorded at fair value based upon third-party appraisals, broker opinions of value, or internal valuation methodologies (which may include discounted cash flows, capitalization rate analysis, or comparable transactional analysis). Unobservable inputs used in estimating the fair value of REO assets are based upon the best information available under the circumstances and take into consideration the financial condition and operating results of the asset, local market conditions, the availability of capital, interest and inflation rates, and other factors deemed appropriate by management. REO assets acquired are reviewed to determine if they should be classified as “held and used” or “held for sale.” REO classified as “held and used” is stated at carrying cost unless an impairment exists, in which case it is written down to fair value in accordance with ASC 360. REO classified as “held for sale” is carried at the lower of carrying amount or fair value less cost to sell. An impairment charge is recognized for any decreases in estimated fair value subsequent to the acquisition date. For both classifications, carrying costs incurred after the acquisition, including property taxes and insurance, are expensed. For the years ended October 31, 2015 , 2014 , and 2013 , we recorded impairments on REO of $0.8 million , $1.4 million , and $0.5 million , respectively. Investments in Distressed Loans: Our investments in distressed loans represent nonperforming loans classified as nonaccrual in accordance with ASC 310-10, “Receivable” (“ASC 310-10”). Interest income is not recognized on nonaccrual loans. When a loan is classified as nonaccrual, any subsequent cash receipt is accounted for using the cost recovery method. As part of our disposition strategy for the loan portfolios, we may sell certain loans to third-party purchasers. We recognize gains or losses on the sale of mortgage loans when the loans have been legally isolated from us and we no longer maintain effective control over the transferred assets. Fair Value Disclosures We use ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), to measure the fair value of certain assets and liabilities. ASC 820 provides a framework for measuring fair value in accordance with GAAP, establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, and requires certain disclosures about fair value measurements. The fair value hierarchy is summarized below: Level 1: Fair value determined based on quoted prices in active markets for identical assets or liabilities. Level 2: Fair value determined using significant observable inputs, generally either quoted prices in active markets for similar assets or liabilities or quoted prices in markets that are not active. Level 3: Fair value determined using significant unobservable inputs, such as pricing models, discounted cash flows, or similar techniques. Treasury Stock Treasury stock is recorded at cost. Issuance of treasury stock is accounted for on a first-in, first-out basis. Differences between the cost of treasury stock and the re-issuance proceeds are charged to additional paid-in capital. Revenue and Cost Recognition Revenues and cost of revenues from home sales are recorded at the time each home is delivered and title and possession are transferred to the buyer. For our standard attached and detached homes, land, land development, and related costs, both incurred and estimated to be incurred in the future, are amortized to the cost of homes closed based upon the total number of homes to be constructed in each community. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs subsequent to the commencement of delivery of homes are allocated to the remaining undelivered homes in the community. Home construction and related costs are charged to the cost of homes closed under the specific identification method. The estimated land, common area development, and related costs of master planned communities, including the cost of golf courses, net of their estimated residual value, are allocated to individual communities within a master planned community on a relative sales value basis. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs are allocated to the remaining home sites in each of the communities of the master planned community. For high-rise/mid-rise projects, land, land development, construction, and related costs, both incurred and estimated to be incurred in the future, are generally amortized to the cost of units closed based upon an estimated relative sales value of the units closed to the total estimated sales value. Any changes resulting from a change in the estimated total costs or revenues of the project are allocated to the remaining units to be delivered. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Other income – net” in our Consolidated Statements of Operations and Comprehensive Income in the period in which we determine that the customer will not complete the purchase of the home and we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we grant our home buyers sales incentives from time to time. These incentives will vary by type of incentive and by amount on a community-by-community and home-by-home basis. Incentives that impact the value of the home or the sales price paid, such as special or additional options, are generally reflected as a reduction in sales revenues. Incentives that we pay to an outside party, such as paying some or all of a home buyer’s closing costs, are recorded as an additional cost of revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds. Advertising Costs We expense advertising costs as incurred. Advertising costs were $18.2 million , $15.6 million , and $11.6 million for the years ended October 31, 2015 , 2014 , and 2013 , respectively. Warranty and Self-Insurance Warranty: We provide all of our home buyers with a limited warranty as to workmanship and mechanical equipment. We also provide many of our home buyers with a limited 10 -year warranty as to structural integrity. We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical experience. Adjustments to our warranty liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs. Self-Insurance: We maintain, and require the majority of our subcontractors to maintain, general liability insurance (including construction defect and bodily injury coverage) and workers’ compensation insurance. These insurance policies protect us against a portion of our risk of loss from claims related to our home building activities, subject to certain self-insured retentions, deductibles and other coverage limits (“self-insured liability”). We also provide general liability insurance for our subcontractors in Arizona, California, Nevada, and Washington, where eligible subcontractors are enrolled as insureds under our general liability insurance policies in each community in which they perform work. For those enrolled subcontractors, we absorb their general liability associated with the work performed on our homes within the applicable community as part of our overall general liability insurance and our self-insurance through our captive insurance subsidiary. We record expenses and liabilities based on the estimated costs required to cover our self-insured liability and the estimated costs of potential claims and claim adjustment expenses that are above our coverage limits or that are not covered by our insurance policies. These estimated costs are based on an analysis of our historical claims and industry data, and include an estimate of claims incurred but not yet reported (“IBNR”). We engage a third-party actuary that uses our historical claim and expense data, input from our internal legal and risk management groups, as well as industry data, to estimate our liabilities related to unpaid claims, IBNR associated with the risks that we are assuming for our self-insured liability, and other required costs to administer current and expected claims. These estimates are subject to uncertainty due to a variety of factors, the most significant being the long period of time between the delivery of a home to a home buyer and when a structural warranty or construction defect claim is made, and the ultimate resolution of the claim. Though state regulations vary, construction defect claims are reported and resolved over a prolonged period of time, which can extend for 10 years or longer. As a result, the majority of the estimated liability relates to IBNR. Adjustments to our liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs. The projection of losses related to these liabilities requires actuarial assumptions that are subject to variability due to uncertainties regarding construction defect claims relative to our markets and the types of product we build, insurance industry practices, and legal or regulatory actions and/or interpretations, among other factors. Key assumptions used in these estimates include claim frequencies, severities, and settlement patterns, which can occur over an extended period of time. In addition, changes in the frequency and severity of reported claims and the estimates to settle claims can impact the trends and assumptions used in the actuarial analysis, which could be material to our consolidated financial statements. Due to the degree of judgment required, and the potential for variability in these underlying assumptions, our actual future costs could differ from those estimated, and the difference could be material to our consolidated financial statements. Stock-Based Compensation We account for our stock-based compensation in accordance with ASC 718, “Compensation – Stock Compensation” (“ASC 718”). We use a lattice model for the valuation for our stock option grants. The option pricing models used are designed to estimate the value of options that, unlike employee stock options and restricted stock units, can be traded at any time and are transferable. In addition to restrictions on trading, employee stock options and restricted stock units may include other restrictions such as vesting periods. Further, such models require the input of highly subjective assumptions, including the expected volatility of the stock price. Stock-based compensation expense is generally included in “Selling, general and administrative” expense in our Consolidated Statements of Operations and Comprehensive Income. Income Taxes We account for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). Deferred tax assets and liabilities are recorded based on temporary differences between the amounts reported for financial reporting purposes and the amounts reported for income tax purposes. In accordance with the provisions of ASC 740, we assess the realizability of our deferred tax assets. A valuation allowance must be established when, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. See “Income Taxes – Valuation Allowance” below. Federal and state income taxes are calculated on reported pre-tax earnings based on current tax law and also include, in the applicable period, the cumulative effect of any changes in tax rates from those used previously in determining deferred tax assets and liabilities. Such provisions differ from the amounts currently receivable or payable because certain items of income and expense are recognized for financial reporting purposes in different periods than for income tax purposes. Significant judgment is required in determining income tax provisions and evaluating tax positions. We establish reserves for income taxes when, despite the belief that our tax positions are fully supportable, we believe that our positions may be challenged and disallowed by various tax authorities. The consolidated tax provisions and related accruals include the impact of such reasonably estimable disallowances as deemed appropriate. To the extent that the probable tax outcome of these matters changes, such changes in estimates will impact the income tax provision in the period in which such determination is made. ASC 740 clarifies the accounting for uncertainty in income taxes recognized and prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 requires a company to recognize the financial statement effect of a tax position when it is “more-likely-than-not” (defined as a substantiated likelihood of more than 50% ), based on the technical merits of the position, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to be recognized in the financial statements based upon the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Our inability to determine that a tax position meets the more-likely-than-not recognition threshold does not mean that the Internal Revenue Service (“IRS”) or any other taxing authority will disagree with the position that we have taken. If a tax position does not meet the more-likely-than-not recognition threshold, despite our belief that our filing position is supportable, the benefit of that tax position is not recognized in the Consolidated Statements of Operations and Comprehensive Income and we are required to accrue potential interest and penalties until the uncertainty is resolved. Potential interest and penalties are recognized as a component of the provision for income taxes. Differences between amounts taken in a tax return and amounts recognized in the financial statements are considered unrecognized tax benefits. We believe that we have a reasonable basis for each of our filing positions and intend to defend those positions if challenged by the IRS or other taxing jurisdiction. If the IRS or other taxing authorities do not disagree with our position, and after the statute of limitations expires, we will recognize the unrecognized tax benefit in the period that the uncertainty of the tax position is eliminated. Income Taxes — Valuation Allowance Significant judgment is applied in assessing the realizability of deferred tax assets. In accordance with GAAP, a valuation allowance is established against a deferred tax asset if, based on the available evidence, it is more-likely-than-not that such asset will not be realized. The realization of a deferred tax asset ultimately depends on the existence of sufficient taxable income in either the carryback or carryforward periods under tax law. We assess the need for valuation allowances for deferred tax assets based on GAAP’s more-likely-than-not realization threshold criteria. In our assessment, appropriate consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. Forming a conclusion that a valuation allowance is not needed is difficult when there is significant negative evidence such as cumulative losses in recent years. This assessment considers, among other matters, the nature, consistency, and magnitude of current and cumulative income and losses; forecasts of future profitability; the duration of statutory carryback or carryforward periods; our experience with operating loss and tax credit carryforwards being used before expiration; and tax planning alternatives. Our assessment of the need for a valuation allowance on our deferred tax assets includes assessing the likely future tax consequences of events that have been recognized in our consolidated financial statements or tax returns. Changes in existing tax laws or rates could affect our actual tax results, and our future business results may affect the amount of our deferred tax liabilities or the valuation of our deferred tax assets over time. Our accounting for deferred tax assets represents our best estimate of future events. Due to uncertainties in the estimation process, particularly with respect to changes in facts and circumstances in future reporting periods (carryforward period assumptions), actual results could differ from the estimates used in our analysis. Our assumptions require significant judgment because the residential home building industry is cyclical and is highly sensitive to changes in economic conditions. If our results of operations are less than projected and there is insufficient objectively verifiable positive evidence to support the more-likely-than-not realization of our deferred tax assets, a valuation allowance would be required to reduce or eliminate our deferred tax assets. Segment Reporting We operate in two segments: traditional home building and urban infill. We build and sell homes for detached and attached homes in luxury residential communities located in affluent suburban markets and cater to move-up, empty-nester, active-adult, age-qualified, and second-home buyers in the United States (“Traditional Home Building”). We also build and sell homes in urban infill markets through Toll Brothers City Living ® (“City Living”). We have determined that our Traditional Home Building operations operate in five geographic segments: North, Mid-Atlantic, South, West, and California. The states comprising each geographic segment are as follows: North: Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, and New York Mid-Atlantic: Delaware, Maryland, Pennsylvania, and Virginia South: Florida, North Carolina, and Texas West: Arizona, Colorado, Nevada, and Washington California: California Prior to October 31, 2015, California was included in the West geographic segment. Due to the increase in our assets and operations in California, it is now presented as a separate geographic segment. Amounts reported

Acquisition

Acquisition	12 Months Ended
	Oct. 31, 2015
Business Combinations [Abstract]
Acquisition	Acquisition Shapell Industries, Inc. On February 4, 2014 , we completed our acquisition of Shapell Industries, Inc. (“Shapell”) pursuant to the Purchase and Sale Agreement (the “Purchase Agreement”) dated November 6, 2013 , with Shapell Investment Properties, Inc. (“SIPI”). We acquired all of the equity interests in Shapell from SIPI for $1.49 billion , net of cash acquired (the “Acquisition”). We acquired the single-family residential real property development business of Shapell, including a portfolio of approximately 4,950 home sites in California, some of which we have sold to other builders. The Acquisition provides us with a premier California land portfolio, including 11 active selling communities as of the acquisition date, in affluent, high-growth markets: the San Francisco Bay area, metro Los Angeles, Orange County, and the Carlsbad market. As part of the Acquisition, we assumed contracts to deliver 126 homes with an aggregate value of approximately $105.3 million . We did not acquire the apartment and commercial rental properties owned and operated by Shapell (the “Shapell Commercial Properties”) or Shapell’s mortgage lending activities relating to its home building operations. Accordingly, the Purchase Agreement provides that SIPI will indemnify us for any loss arising out of or resulting from, among other things, (i) any liability (other than environmental losses, subject to certain exceptions) related to the Shapell Commercial Properties, and (ii) any liability (other than environmental losses, subject to certain exceptions) to the extent related to Shapell Mortgage, Inc. We financed the Acquisition with a combination of $370.0 million of borrowings under our $1.035 billion unsecured revolving credit facility, $485.0 million from a term loan facility, and $815.7 million in net proceeds from debt and equity financings completed in November 2013. See Note 6, “Loans Payable, Senior Notes, and Mortgage Company Loan Facility” and Note 9, “Stockholders’ Equity” of our consolidated financial statements for further details. As a result of the Acquisition, Shapell became our wholly owned subsidiary. Accordingly, the Shapell results are included in our consolidated financial statements from the date of the Acquisition. For the period from February 4, 2014 to October 31, 2014, revenues and operating income from the Shapell operations, excluding $5.3 million of acquisition-related costs, were $300.8 million and $37.2 million , respectively. The Acquisition was accounted for in accordance with ASC 805, “Business Combinations” (“ASC 805”), and, therefore, the acquired assets and assumed liabilities were recorded by us at their estimated fair values. The following table summarizes the amounts for acquired assets and liabilities recorded at their fair values as of the acquisition date (amounts in thousands): Assets acquired and liabilities assumed Cash and cash equivalents $ 106,233 Inventory 1,513,801 Property, construction, and office equipment, net 404 Receivables, prepaid expenses, and other assets 10,759 Total assets acquired 1,631,197 Customer deposits (5,429 ) Accounts payable and accrued liabilities (30,419 ) Total liabilities assumed (35,848 ) Total net assets acquired $ 1,595,349 Cash and cash equivalents, customer deposits, and accounts payable were generally stated at historical carrying values given the short-term nature of these assets and liabilities. Receivables, prepaid expenses, and other assets and accrued expenses were adjusted to reflect fair values. We determined the fair value of inventory on a community-by-community basis primarily using a combination of discounted cash flow models and market comparable land transactions, where available. These estimated cash flows are significantly impacted by estimates related to (i) expected selling prices, (ii) expected settlement paces, (iii) expected land development and construction timelines, and anticipated land development costs and construction costs, and (iv) overhead costs expected to be incurred in the future. Such estimates must be made for each individual community and may vary significantly between communities. See Note 1, “Significant Accounting Policies - Inventory” for additional discussion of the factors impacting the fair value of inventory. We recorded $6.1 million and $1.4 million in acquisition-related costs during the years ended October 31, 2014 and 2013, respectively, which are included in the Consolidated Stateme nts of Operations an d Comprehensive Income within “Selling, general and administrative.” Such costs were expe nsed as incurred in accordance with ASC 805. There were no acquisition-related costs incurred in the year ended October 31, 2015. Supplemental Pro Forma Information – Shapell The following presents unaudited pro forma data for the years ended October 31, 2014 and 2013, as if the Acquisition had been completed as of November 1, 2012 (amounts in thousands, except per share data): 2014 2013 Revenues $ 4,045,101 $ 3,102,076 Net income $ 381,855 $ 202,746 Income per share – basic $ 2.15 $ 1.15 Income per share – diluted $ 2.06 $ 1.09 The unaudited pro forma operating results have been determined after adjusting the operating results of Shapell to reflect the purchase accounting and other acquisition adjustments, including interest expense associated with the debt used to fund a portion of the acquisition. The unaudited pro forma results do not reflect any cost savings, operating synergies, or revenue enhancements that we may achieve as a result of the Acquisition, the costs to integrate Shapell’s operations, or the costs necessary to achieve these cost savings, operating synergies, and revenue enhancements. Accordingly, the unaudited pro forma amounts are for comparative purposes only and may not necessarily reflect the results of operations that would have resulted had the Acquisition been completed at the beginning of the applicable period or be indicative of the results that will be attained in the future. Certain other adjustments, including those related to conforming accounting policies and interest capitalization, have not been reflected in the supplemental pro forma operating results due to the impracticability of estimating such impacts.

Inventory

Inventory	12 Months Ended
	Oct. 31, 2015
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory at October 31, 2015 and 2014 consisted of the following (amounts in thousands): 2015 2014 Land controlled for future communities $ 75,214 $ 122,533 Land owned for future communities 2,033,447 2,355,874 Operating communities 4,888,855 4,011,914 $ 6,997,516 $ 6,490,321 Operating communities include communities offering homes for sale, communities that have sold all available home sites but have not completed delivery of the homes, communities that were previously offering homes for sale but are temporarily closed due to business conditions or non-availability of improved home sites and that are expected to reopen within 12 months of the end of the fiscal year being reported on, and communities preparing to open for sale. The carrying value attributable to operating communities includes the cost of homes under construction, land and land development costs, the carrying cost of home sites in current and future phases of these communities, and the carrying cost of model homes. Communities that were previously offering homes for sale but are temporarily closed due to business conditions and that do not have any remaining backlog and are not expected to reopen within 12 months of the end of the fiscal period being reported on have been classified as land owned for future communities. Backlog consists of homes under contract but not yet delivered to our home buyers (“backlog”). Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2015 , 2014 , and 2013 , is provided in the table below ($ amounts in thousands): 2015 2014 2013 Land owned for future communities: Number of communities 15 16 25 Carrying value (in thousands) $ 119,138 $ 122,015 $ 153,498 Operating communities: Number of communities 11 9 15 Carrying value (in thousands) $ 63,668 $ 42,092 $ 88,534 We provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable in each of the three fiscal years ended October 31, 2015 , 2014 , and 2013 , as shown in the table below (amounts in thousands): Charge: 2015 2014 2013 Land controlled for future communities $ 809 $ 3,123 $ 1,183 Land owned for future communities 12,600 Operating communities 22,300 17,555 3,340 $ 35,709 $ 20,678 $ 4,523 See Note 12, “Fair Value Disclosures,” for information regarding the number of operating communities that we tested for potential impairment, the number of operating communities in which we recognized impairment charges, the amount of impairment charges recognized, and the fair value of those communities, net of impairment charges. See Note 15, “Commitments and Contingencies,” for information regarding land purchase commitments. At October 31, 2015 , we evaluated our land purchase contracts to determine if any of the selling entities were VIEs, and, if they were, whether we were the primary beneficiary of any of them. Under these land purchase contracts, we do not possess legal title to the land; our risk is generally limited to deposits paid to the sellers; and the creditors of the sellers generally have no recourse against us. At October 31, 2015 , we determined that 61 land purchase contracts, with an aggregate purchase price of $663.6 million , on which we had made aggregate deposits totaling $45.0 million , were VIEs and that we were not the primary beneficiary of any VIE related to our land purchase contracts. At October 31, 2014 , we determined that 63 land purchase contracts, with an aggregate purchase price of $578.2 million , on which we had made aggregate deposits totaling $30.7 million , were VIEs, and that we were not the primary beneficiary of any VIE related to our land purchase contracts. Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2015 , 2014 , and 2013 , was as follows (amounts in thousands): 2015 2014 2013 Interest capitalized, beginning of year $ 356,180 $ 343,077 $ 330,581 Interest incurred 155,170 163,815 134,198 Interest expensed to cost of revenues (142,947 ) (137,457 ) (112,321 ) Write-off against other income (3,843 ) (5,394 ) (2,917 ) Interest capitalized on investments in unconsolidated entities (7,467 ) (9,672 ) (6,464 ) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 16,035 1,811 Interest capitalized, end of year $ 373,128 $ 356,180 $ 343,077 Inventory impairment charges are recognized against all inventory costs of a community, such as land, land improvements, cost of home construction, and capitalized interest. The amounts included in the table directly above reflect the gross amount of capitalized interest without allocation of any impairment charges recognized. We estimate that, had inventory impairment charges been allocated on a pro rata basis to the individual components of inventory, capitalized interest at October 31, 2015 , 2014 , and 2013 , would have been reduced by approximately $32.7 million , $33.1 million , and $38.2 million , respectively. During fiscal 2015, we transfered $132.3 million from investment in unconsolidated entities to inventory. See Note 4, “Investments in and Advances to Unconsolidated Entities - Homebuilding Joint Ventures” for additional information. During fiscal 2014, we contributed $4.2 million of inventory and other assets to several unconsolidated entities. During fiscal 2014, we reclassified $9.5 million of inventory related to commercial retail space located in our high-rise projects to property, construction, and office equipment. The amounts were reclassified due to the substantial completion of these projects.

Investments in Unconsolidated E

Investments in Unconsolidated Entities	12 Months Ended
	Oct. 31, 2015
Investments in and Advances to Unconsolidated Entities [Abstract]
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities We have investments in various unconsolidated entities. These joint ventures (i) develop land for the joint venture participants and for sale to outside builders (“Land Development Joint Ventures”); (ii) develop for-sale homes (“Home Building Joint Ventures”); (iii) develop luxury for-rent residential apartments, commercial space and a hotel (“Rental Property Joint Ventures”); and (iv) invest in a portfolio of distressed loans and real estate (“Structured Asset Joint Venture”). In fiscal 2015 , 2014 and 2013 , we recognized income from the unconsolidated entities in which we had an investment of $21.1 million , $41.1 million , and $14.4 million , respectively. The table below provides information as of October 31, 2015 , regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Structured Total Number of unconsolidated entities 7 3 10 1 21 Investment in unconsolidated entities $ 214,060 $ 76,120 $ 110,454 $ 12,226 $ 412,860 Number of unconsolidated entities with funding commitments by the Company 5 2 4 — 11 Company's remaining funding commitment to unconsolidated entities (a) $ 162,022 $ 23,012 $ 10,559 $ — $ 195,593 (a) The remaining funding commitment for our Land Development Joint Ventures excludes $90.0 million , which one of the joint ventures expects to fund through outside financing. Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2015 , regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 2 9 15 Aggregate loan commitments $ 505,000 $ 222,000 $ 780,835 $ 1,507,835 Amounts borrowed under commitments $ 415,924 $ 111,136 $ 514,895 $ 1,041,955 More specific and/or recent information regarding our investments in, advances to, and future commitments to these entities is provided below. Land Development Joint Ventures See Note 15, “Commitments and Contingencies,” for information regarding land purchase agreements that we have with our Land Development Joint Ventures In the fourth quarter of fiscal 2015, we entered into a joint venture with an unrelated party to purchase and develop a parcel of land in Irvine, California. The joint venture expects to develop approximately 840 home sites on the land in multiple phases. We have a 50% interest in this joint venture. The current plan is to develop the property and sell approximately 50% of the value of the home sites to each of the members of the joint venture. At October 31, 2015 , we had an investment of $76.8 million in this joint venture and were committed to make additional contributions to this joint venture of up to $130.7 million . To finance a portion of the land acquisition, the joint venture entered into a $320.0 million purchase money mortgage with the seller. In the first quarter of fiscal 2015, we obtained approximately 48 home sites from a Land Development Joint Venture in consideration of our previous investment in the joint venture. In the third quarter of fiscal 2014, we received approximately 515 home sites from this venture. We have a commitment to this joint venture to fund approximately $17.0 million , which represents our expected share of the major infrastructure improvements related to this community. Contributions to this joint venture related to the improvements will be included in “Inventory” in our Consolidated Balance Sheets when they are actually made. In the first quarter of fiscal 2014, we entered into a joint venture with an unrelated party to develop a parcel of land in Texas. The joint venture expects to develop a master planned community consisting of up to 6,800 home sites and sell groups of lots to us and to other home builders. At October 31, 2015 , the joint venture owned approximately 6,300 home sites. We have a 50% interest in this joint venture. Prior to the formation of the joint venture, we had entered into a land purchase agreement to acquire the land for approximately $79.3 million . We contributed our rights under the purchase agreement to the joint venture and were reimbursed by our joint venture partner for 50% of the costs we incurred prior to the formation of the joint venture. At October 31, 2015 , we had an investment of $43.5 million in this joint venture. In May 2014, the joint venture obtained outside financing of $40.0 million to help fund the future development of the property. At October 31, 2015 , the joint venture had $10.0 million of borrowing under the loan facility. In the fourth quarter of fiscal 2013, we entered into a joint venture with an unrelated party to develop a parcel of land in Maryland. The property consists of 945 acres that the joint venture expects to develop into approximately 1,300 home sites. We have a 50% interest in this joint venture. The current plan is to develop the property and sell approximately 50% of the home sites to each of the members of the joint venture. At October 31, 2015 , we had an investment of $12.2 million in this joint venture. In the second quarter of fiscal 2013, we entered into a joint venture with an unrelated party to develop a parcel of land in Texas as a master planned community consisting of approximately 2,900 lots. We have a 50% interest in this joint venture. The joint venture expects to develop the property in multiple phases and sell groups of lots to the members of the joint venture and to other home builders. At October 31, 2015 , the joint venture owned approximately 2,600 home sites. We made an initial investment of $15.5 million of cash to the joint venture. The joint venture entered into a $25.0 million line of credit with a bank, secured by a deed of trust on the property, which can be expanded up to $40.0 million under certain conditions. At October 31, 2015 , the joint venture had $26.1 million of borrowings under this line of credit. At October 31, 2015 , we had an investment of $30.1 million in this joint venture and were committed to make additional contributions to this joint venture of up to $2.2 million . Home Building Joint Ventures In the first quarter of fiscal 2015, we entered into a joint venture with an unrelated party to complete the development of a high-rise luxury condominium project in New York City on property that we owned. We contributed $15.9 million as our initial contribution for a 25% interest in this joint venture. We sold the property to the joint venture for $78.5 million , and we were reimbursed for development and construction costs incurred by us prior to the sale. The gain of $9.3 million that we realized on the sale was deferred and will be recognized in our results of operations as units are sold and delivered to the ultimate home buyer. At October 31, 2015 , we had an investment of $16.9 million in this joint venture. The joint venture entered into a construction loan agreement of $124.0 million to fund the land purchase and a portion of the cost of the development of the property. At October 31, 2015 , the joint venture had $70.1 million borrowed under the construction loan. We had invested in a joint venture in which we have a 50% voting interest to develop a high-rise luxury for-sale/rental project in New York City. Pursuant to the terms of the joint venture agreement, with the completion of the construction of the building’s structure in the third quarter of fiscal 2015, we acquired, with no additional consideration due from us, ownership of the top 18 floors of the building to sell, for our own account, luxury condominium units. Our partner received ownership of the lower floors containing residential rental units and retail space, with no additional consideration due from them. Upon our acquisition of the top 18 floors of the building, we transferred our investment of $132.3 million in this joint venture from “Investments in unconsolidated entities” on our Consolidated Balance Sheets to “Inventory.” We have an investment in a joint venture in which we have a 50% interest to develop a high-rise luxury condominium project in conjunction with a luxury hotel in New York City being developed by a related joint venture, discussed below in Rental Property Joint Ventures. At October 31, 2015 , we had invested $35.7 million in this joint venture and expect to make additional investments of approximately $14.7 million for the development of this project. In November 2014, this joint venture, along with the related hotel joint venture, entered into a $160.0 million construction loan agreement to complete the construction of the condominiums and hotel. At October 31, 2015 , this joint venture has $41.1 million of outstanding borrowing under the loan agreement. Rental Property Joint Ventures In the second quarter of fiscal 2015, we entered into two joint ventures with an unrelated party to develop luxury for-rent residential apartment buildings. Prior to the formation of these joint ventures, we acquired the properties, through two 100%-owned entities, and incurred $18.8 million of land and land development costs. Our partner acquired a 75% interest in each of these entities for $14.5 million . At October 31, 2015 , we had a combined investment of $7.8 million and funding commitments of $2.2 million in these ventures. In addition, in fiscal 2015, these joint ventures entered into construction loan agreements, with a total commitment of $87.0 million , with several banks to finance the development of their respective apartment buildings. At October 31, 2015 , these joint ventures had no borrowings under their respective construction loan agreements. In the fourth quarter of fiscal 2014, we entered into a joint venture with an unrelated party to develop a 418 -unit student housing project and retail space in College Park, Maryland, on land that we were under contract to purchase. We have a 25% interest in this joint venture. We made an initial investment of $11.9 million to the joint venture, which included $3.5 million of land deposits previously funded by us, and our partner made an initial capital contribution of $35.7 million . In addition, we received a reimbursement of $3.1 million for certain costs incurred by us prior to the closing of the joint venture. The joint venture obtained construction loan financing of $104.5 million to fund a portion of the cost of the development of the property. At October 31, 2015 , the joint venture had $44.2 million of outstanding borrowings under the loan agreement. At October 31, 2015 , we had an investment of $12.7 million in this joint venture. In the first quarter of fiscal 2014, a Rental Property Joint Venture entered into a $70.0 million construction loan agreement to finance construction of multifamily residential apartments in northern New Jersey. At October 31, 2015 , this joint venture had $31.6 million of outstanding borrowings under the facility. At October 31, 2015 , we had an investment of $6.7 million in this joint venture. In the fourth quarter of fiscal 2013, we entered into a joint venture with an unrelated party to develop a 287 -unit luxury for-rent residential apartment building in the Capitol Riverfront of Washington, D.C., on land that we owned and conveyed to the joint venture. We have a 50% interest in this joint venture. As part of our initial capital contribution, we contributed land and improvements with a fair value of $27.1 million to the joint venture and subsequently received a cash distribution of $12.5 million to align the capital accounts of each of the members of the joint venture. In the fourth quarter of fiscal 2013, the joint venture entered into a $54.0 million construction loan agreement with a bank to finance the development of this project. At October 31, 2015 , the joint venture had $46.3 million of outstanding borrowings under the construction loan agreement. At October 31, 2015 , we had an investment of $14.4 million in this joint venture. In the second quarter of fiscal 2013, we entered into a joint venture with an unrelated party to develop a 38 -story luxury for-rent residential apartment building and retail space in Jersey City, New Jersey, on land that we owned and conveyed to the joint venture. We have a 50% interest in this joint venture. As part of our initial capital contribution, we contributed land and improvements with a fair value of $28.8 million to the joint venture and subsequently received distributions of $10.2 million and a $1.2 million payment by the joint venture on our behalf to align the capital accounts of each of the members of the joint venture. In the second quarter of fiscal 2014, the joint venture entered into a $120.0 million construction loan agreement with a bank to finance the development of this project. At October 31, 2015 , the joint venture had $96.1 million of borrowings under the facility. At October 31, 2015 , we had an investment of $31.7 million in this joint venture. In the fourth quarter of fiscal 2012, we invested in a joint venture in which we have a 50% interest to develop a multifamily residential apartment project containing approximately 398 units in suburban Philadelphia. In the first quarter of fiscal 2014, this joint venture entered into $56.0 million construction loan agreement to finance construction. At October 31, 2015 , this venture had $50.0 million of borrowings under the facility. At October 31, 2015 , we had an investment of $13.1 million in this joint venture. We have an investment in a joint venture in which we have a 50% interest to develop a luxury hotel in conjunction with a high-rise luxury condominium project in New York City being developed by a related joint venture discussed above in Home Building Joint Ventures. At October 31, 2015 , we had invested $23.1 million in this joint venture and expect to make additional investments of approximately $8.0 million for the development of the hotel. In November 2014, this joint venture, along with the related condominium joint venture, entered into a $160.0 million construction loan agreement to complete the construction of the condominiums and hotel. At October 31, 2015 , this venture has $20.8 million of outstanding borrowings under the loan agreement. In fiscal 2005, we, together with an unrelated party, formed Toll Brothers Realty Trust II (“Trust II”) to invest in commercial real estate opportunities. Trust II is owned 50% by us and 50% by our partner. In December 2013, Trust II sold substantially all of its assets to an unrelated party. As a result of this sale, we realized income of approximately $23.5 million in the first quarter of fiscal 2014, representing our share of the gain on the sale. In the three-month period ended April 30, 2014, we recognized an additional gain of $0.6 million from the sale of a property by Trust II. The gain on sale of assets is included in “Income from unconsolidated entities” on our Consolidated Statements of Operations and Comprehensive Income. In December 2013, we received a $20.0 million cash distribution from Trust II. In addition, in the first quarter of fiscal 2014, we recognized $2.9 million in previously deferred gains on our initial sales of the properties to Trust II. This gain is included in “Other income – net” in our Consolidated Statements of Operations and Comprehensive Income. At October 31, 2015 , we had an investment of $0.9 million in Trust II. In 1998, prior to the formation of Trust II, we formed the Trust to invest in commercial real estate opportunities. The Trust is effectively owned one-third by us; one-third by Robert I. Toll, Bruce E. Toll (and members of his family), Douglas C. Yearley, Jr., and former members of our senior management; and one-third by an unrelated party. As of October 31, 2015 , our investment in the Trust was zero as cumulative distributions received from the Trust have been in excess of the carrying amount of our net investment. We provide development, finance, and management services to the Trust and recognized fees under the terms of various agreements in the amounts of $2.2 million , $2.3 million , and $4.2 million in fiscal 2015 , 2014 and 2013 , respectively. In fiscal 2015, we received distributions of $6.1 million from the Trust, of which $3.5 million was recognized as income and is included in “Income from unconsolidated entities” in our Consolidated Statements of Operations and Comprehensive Income. In fiscal 2014, the Trust refinanced the mortgage on one of its properties and distributed $36.0 million of the net proceeds from the refinancing to its partners. We received $12.0 million as our share of the proceeds and recognized this distribution as income which is included in “Income from unconsolidated entities” in our fiscal 2014 Consolidated Statement of Operations and Comprehensive Income. Structured Asset Joint Venture Through a wholly owned subsidiary, Gibraltar Capital and Asset Management, LLC (“Gibraltar”), we are a 20% participant with two unrelated parties that acquired a 40% interest in an entity that owns and controls a portfolio of loans and real estate (“Structured Asset Joint Venture”). At October 31, 2015 , we had an investment of $12.2 million in this Structured Asset Joint Venture. Guarantees The unconsolidated entities in which we have investments generally finance their activities with a combination of partner equity and debt financing. In some instances, we and our partners have guaranteed debt of certain unconsolidated entities. These guarantees may include any or all of the following: (i) project completion guarantees, including any cost overruns; (ii) repayment guarantees, generally covering a percentage of the outstanding loan; (iii) guarantees of indemnities provided to the lender by the unconsolidated entity with regard to environmental matters; (iv) a hazardous material indemnity that holds the lender harmless for any liability it may suffer from the threat or presence of any hazardous or toxic substances at or near the property covered by a loan; and (v) indemnification of the lender from “bad boy acts” of the unconsolidated entity. In some instances, the guarantees provided in connection with loans to an unconsolidated entity are joint and several. In these situations, we generally have a reimbursement agreement with our partner that provides that neither party is responsible for more than its proportionate share or agreed upon share of the guarantee; however, if the joint venture partner does not have adequate financial resources to meet its obligations under the reimbursement agreement, we may be liable for more than our proportionate share. We believe that, as of October 31, 2015 , in the event we become legally obligated to perform under a guarantee of the obligation of an unconsolidated entity due to a triggering event, the collateral in such entity should be sufficient to repay a significant portion of the obligation. If it is not, we and our partners would need to contribute additional capital to the venture. At October 31, 2015 , the unconsolidated entities that have guarantees related to debt had loan commitments aggregating $980.2 million and had borrowed an aggregate of $514.3 million . The term of these guarantees generally ranges from five months to 54 months . We estimate that the maximum potential exposure under these guarantees, if the full amount of the loan commitments were borrowed, would be $980.2 million , without taking into account any recoveries from the underlying collateral or any reimbursement from our partners. Based on the amounts borrowed at October 31, 2015 , our maximum potential exposure under these guarantees is estimated to be approximately $514.3 million , without taking into account any recoveries from the underlying collateral or any reimbursement from our partners. In addition, we have guaranteed approximately $10.3 million of ground lease payments and insurance deductibles for three joint ventures. As of October 31, 2015 , the estimated aggregate fair value of the guarantees provided by us related to debt and other obligations of certain unconsolidated entities was approximately $4.8 million . We have not made payments under any of the guarantees, nor have we been called upon to do so. Variable Interest Entities At October 31, 2015 , we determined that one of our joint ventures was a VIE under the guidance within ASC 810. At October 31, 2014, we had determined that three of our joint ventures were VIEs. We have, however, concluded that we were not the primary beneficiary of the VIEs because the power to direct the activities of these VIEs that most significantly impact their performance was shared by us and the VIEs’ other members. Business plans, budgets, and other major decisions are required to be unanimously approved by all members. Management and other fees earned by us are nominal and believed to be at market rates, and there is no significant economic disproportionality between us and other members. The information presented below regarding the investments, commitments, and guarantees in unconsolidated entities deemed to be VIEs is also included in the information provided above. At October 31, 2015 and 2014 , our investments in our unconsolidated joint ventures deemed to be VIEs, which are included in investments in unconsolidated entities in our Consolidated Balance Sheets, totaled $6.7 million and $46.4 million , respectively. At October 31, 2015 , the maximum exposure of loss to our investments in unconsolidated joint ventures that are VIEs is limited to our investment in the unconsolidated VIEs, except with regard to $0.4 million of additional commitments to the VIEs and $12.5 million of loan guarantees. At October 31, 2014 , the maximum exposure to loss of our investments in unconsolidated joint ventures that are VIEs was limited to our investment in the unconsolidated VIEs, except with regard to a $43.4 million additional commitment to fund the joint ventures, $21.6 million of loan guarantees, and a $9.1 million guarantee of ground lease payments. Joint Venture Condensed Financial Information The Condensed Balance Sheets, as of the dates indicated, and the Condensed Statements of Operations and Comprehensive Income, for the periods indicated, for the unconsolidated entities in which we have an investment, aggregated by type of business, are included below (in thousands). Condensed Balance Sheets: October 31, 2015 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 29,281 $ 11,203 $ 44,310 $ 10,469 $ 95,263 Inventory 701,527 322,630 1,024,157 Non-performing loan portfolio 27,572 27,572 Rental properties 278,897 278,897 Rental properties under development 390,399 390,399 Real estate owned (“REO”) 117,758 117,758 Other assets (1) 70,799 61,144 12,199 80,475 224,617 Total assets $ 801,607 $ 394,977 $ 725,805 $ 236,274 $ 2,158,663 Debt (1) $ 417,025 $ 117,251 $ 514,895 $ 77,950 $ 1,127,121 Other liabilities 29,772 70,078 30,329 136 130,315 Members’ equity 354,810 207,648 180,581 63,288 806,327 Noncontrolling interest 94,900 94,900 Total liabilities and equity $ 801,607 $ 394,977 $ 725,805 $ 236,274 $ 2,158,663 Company’s net investment in unconsolidated entities (2) $ 214,060 $ 76,120 $ 110,454 $ 12,226 $ 412,860 October 31, 2014 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 31,968 $ 21,821 $ 33,040 $ 23,462 $ 110,291 Inventory 258,092 465,144 723,236 Non-performing loan portfolio 57,641 57,641 Rental properties 140,238 140,238 Rental properties under development 327,315 327,315 Real estate owned (“REO”) 184,753 184,753 Other assets (1) 30,166 75,164 14,333 77,986 197,649 Total assets $ 320,226 $ 562,129 $ 514,926 $ 343,842 $ 1,741,123 Debt (1) $ 102,042 $ 8,713 $ 333,128 $ 77,950 $ 521,833 Other liabilities 23,854 56,665 43,088 177 123,784 Members’ equity 194,330 496,751 138,710 106,298 936,089 Noncontrolling interest 159,417 159,417 Total liabilities and equity $ 320,226 $ 562,129 $ 514,926 $ 343,842 $ 1,741,123 Company’s net investment in unconsolidated entities (2) $ 140,221 $ 189,509 $ 97,353 $ 19,995 $ 447,078 (1) Included in other assets of the Structure Asset Joint Venture at October 31, 2015 and 2014 is $78.0 million of restricted cash held in a defeasance account that will be used to repay debt of the Structured Asset Joint Venture on July 25, 2017. (2) Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of the acquisition price of an investment in a land development joint venture in fiscal 2012 that was in excess of our pro rata share of the underlying equity, impairments related to our investment in unconsolidated entities, a loan made to one of the entities by us, interest capitalized on our investment, the estimated fair value of the guarantees provided to the joint ventures, and distributions from entities in excess of the carrying amount of our net investment. Condensed Statements of Operations and Comprehensive Income: For the year ended October 31, 2015 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 128,889 $ 78,072 $ 35,732 $ 6,102 $ 248,795 Cost of revenues 58,435 69,142 15,539 16,739 159,855 Other expenses 1,999 6,135 24,174 1,312 33,620 Total expenses 60,434 75,277 39,713 18,051 193,475 Gain on disposition of loans and REO 42,939 42,939 Income (loss) from operations 68,455 2,795 (3,981 ) 30,990 98,259 Other income 615 1,072 4,376 2,224 8,287 Net income 69,070 3,867 395 33,214 106,546 Less: income attributable to noncontrolling interest (19,928 ) (19,928 ) Net income attributable to controlling interest 69,070 3,867 395 13,286 86,618 Other comprehensive income 52 52 Total comprehensive income $ 69,070 $ 3,867 $ 447 $ 13,286 $ 86,670 Company’s equity in earnings of unconsolidated entities (3) $ 12,005 $ 3,448 $ 3,027 $ 2,639 $ 21,119 For the year ended October 31, 2014 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 136,949 $ 54,923 $ 32,875 $ 8,023 $ 232,770 Cost of revenues 73,628 53,221 14,250 14,152 155,251 Other expenses 730 5,165 35,003 1,585 42,483 Total expenses 74,358 58,386 49,253 15,737 197,734 Gain on disposition of loans and REO 30,420 30,420 Income (loss) from operations 62,591 (3,463 ) (16,378 ) 22,706 65,456 Other income 66 105 45,933 3,121 49,225 Net income (loss) 62,657 (3,358 ) 29,555 25,827 114,681 Less: income attributable to noncontrolling interest (15,496 ) (15,496 ) Net income (loss) attributable to controlling interest 62,657 (3,358 ) 29,555 10,331 99,185 Other comprehensive income 728 728 Total comprehensive income (loss) $ 62,657 $ (3,358 ) $ 30,283 $ 10,331 $ 99,913 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 1,190 $ (2,034 ) $ 40,081 $ 1,904 $ 41,141 For the year ended October 31, 2013 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 43,937 $ 40,386 $ 38,727 $ 37,492 $ 160,542 Cost of revenues 20,142 36,208 16,704 30,496 103,550 Other expenses 1,146 2,554 20,875 3,399 27,974 Total expenses 21,288 38,762 37,579 33,895 131,524 Gain on disposition of loans and REO 68,323 68,323 Income from operations 22,649 1,624 1,148 71,920 97,341 Other income 11 571 86 329 997 Net income 22,660 2,195 1,234 72,249 98,338 Less: income attributable to noncontrolling interest (43,349 ) (43,349 ) Net income attributable to controlling interest 22,660 2,195 1,234 28,900 54,989 Other comprehensive income 922 922 Total comprehensive income $ 22,660 $ 2,195 $ 2,156 $ 28,900 $ 55,911 Company’s equity in earnings of unconsolidated entities (3) $ 3,288 $ 1,471 $ 3,965 $ 5,668 $ 14,392 (3) Differences between our equity in earnings (losses) of unconsolidated entities and the underlying net income (loss) of the entities is primarily a result a basis difference of an acquired joint venture interest, distributions from entities in excess of the carrying amount of our net investment, and our share of the entities’ profits related to home sites purchased by us which reduces the our cost basis of the home sites acquired.

Investments in Distressed Loans

Investments in Distressed Loans and Foreclosed Real Estate	12 Months Ended
	Oct. 31, 2015
Investments in Distressed Loans and Foreclosed Real Estate [Abstract]
Investments in Distressed Loans and Foreclosed Real Estate	Investments in Foreclosed Real Estate and Distressed Loans Investments in REO and distressed loans consisted of the following at October 31, 2015 and 2014 (amounts in thousands): 2015 2014 Investment in REO $ 50,233 $ 69,799 Investment in distressed loans 1,497 4,001 $ 51,730 $ 73,800 In prior periods, we presented our investments in REO and distressed loans in two separate line items on our Consolidated Balance Sheets. Our Consolidated Balance Sheet at October 31, 2014, has been reclassified to conform to the fiscal 2015 presentation. Investments in REO The following table presents the activity in REO at October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Balance, beginning of period $ 69,799 $ 72,972 $ 58,353 Additions 2,833 22,220 23,470 Sales (21,293 ) (23,696 ) (7,842 ) Impairments (767 ) (1,358 ) (505 ) Depreciation (339 ) (339 ) (504 ) Balance, end of period $ 50,233 $ 69,799 $ 72,972 As of October 31, 2015 , approximately $1.7 million and $48.5 million of REO were classified as held-for-sale and held-and-used, respectively. As of October 31, 2014 , approximately $11.7 million and $58.1 million of REO were classified as held-for-sale and held-and-used, respectively. For the years ended October 31, 2015 , 2014 , and 2013 , we recorded gains of $0.2 million , $4.5 million , and $3.6 million from acquisitions of REO through foreclosure, respectively. Investments in Distressed Loans Prior to October 31, 2014, we had investments in distressed loans where it is probable that we would collect less than the contractual amounts due under the terms of the loan based, at least in part, on the assessment of the credit quality of the borrowers. These loans were accounted for under ASC 310-30, “Receivable,” (“ASC 310-30”). Under ASC 310-30, provided we did not have the intention to utilize real estate secured by the loans for use in our operations or to significantly improve the collateral for resale, the amount by which the future cash flows expected to be collected at the acquisition date exceeded the estimated fair value of the loan, or accretable yield, was recognized in “Other income – net” over the estimated remaining life of the loan using a level yield methodology. The difference between the contractually required payments of the loan as of the acquisition date and the total cash flows expected to be collected, or nonaccretable difference, was not recognized. The accretable yield activity for investments in distressed loans accounted for under ASC 310-30 for the years ended October 31, 2014 and 2013, was as follows (amounts in thousands): 2014 2013 Balance, beginning of period $ 6,606 $ 17,196 Additions 554 1,654 Deletions (6,204 ) (7,728 ) Accretion (956 ) (4,516 ) Balance, end of period $ — $ 6,606 Additions primarily represented the reclassification to accretable yield from nonaccretable yield and the impact of impairments. Deletions primarily represented loan dispositions, which include foreclosure of the underlying collateral and resulting removal of the loans from the accretable yield portfolios, and reclassifications from accretable yield to nonaccretable yield. The reclassifications between accretable and nonaccretable yield and the accretion of interest income are based on various estimates regarding loan performance and the value of the underlying real estate securing the loans. As of October 31, 2014, we have no distressed loans where interest is accreting. General Our earnings from Gibraltar’s operations, excluding our investment in the Structured Asset Joint Venture, are included in “Other income – net” in the Consolidated Statements of Operations and Comprehensive Income. In the years ended October 31, 2015 , 2014 , and 2013 , we recognized $10.2 million , $14.4 million , and $10.2 million , of earnings (excluding earnings from our investment in the Structured Asset Joint Venture), respectively, from Gibraltar’s operations.

Loans Payable, Senior Notes, an

Loans Payable, Senior Notes, and Mortgage Company Loan Facility	12 Months Ended
	Oct. 31, 2015
Debt Disclosure [Abstract]
Loans Payable, Senior Notes, and Mortgage Company Warehouse Loan	Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable At October 31, 2015 and 2014 , loans payable consisted of the following (amounts in thousands): 2015 2014 Senior unsecured term loan $ 500,000 $ 500,000 Credit facility borrowings 350,000 Loans payable – other 151,702 154,261 Deferred issuance costs (1,263 ) (1,642 ) $ 1,000,439 $ 652,619 Senior Unsecured Term Loan On February 3, 2014, we entered into a five -year, $485.0 million , unsecured term loan facility (the “Term Loan Facility”) with a syndicate of banks. We borrowed the full amount of the Term Loan Facility on February 3, 2014. In October 2014, we increased the Term Loan Facility by $15.0 million and borrowed the full amount of the increase. We may select interest rates for the Term Loan Facility equal to (i) London Interbank Offered Rate (“LIBOR”) plus an applicable margin, (ii) the base rate (which is defined as the greatest of (a) SunTrust Bank’s prime rate, (b) the federal funds effective rate plus 0.5% , and (c) one-month LIBOR plus 1% ) plus an applicable margin, or (iii) the federal funds/Euro rate (which is defined as the greater of (a) the sum of the federal funds effective rate plus an applicable margin plus 0.25% , and (b) one-month LIBOR), with the applicable margin, in each case, based on our leverage ratio. At October 31, 2015 , the interest rate on the Term Loan Facility was 1.60% per annum. We and substantially all of our 100% -owned home building subsidiaries are guarantors under the Term Loan Facility. The Term Loan Facility contains substantially the same financial covenants as the Credit Facility, as described below. The Term Loan Facility will mature, and amounts owing thereunder will become due and payable, on February 3, 2019. Credit Facility On August 1, 2013 , we entered into a $1.035 billion unsecured, five -year revolving credit facility (“Credit Facility”) with a syndicate of banks (“Aggregate Credit Commitment”). The commitments under the Credit Facility are schedule to expire on August 1, 2018 . Up to 75% of the Aggregate Credit Commitment is available for letters of credit. The Credit Facility has an accordion feature under which we may, subject to certain conditions set forth in the agreement, increase the Credit Facility up to a maximum aggregate amount of $2.0 billion . We may select interest rates for the Credit Facility equal to (i) LIBOR plus an applicable margin or (ii) the lenders’ base rate plus an applicable margin, which in each case is based on our credit rating and leverage ratio. At October 31, 2015 , the interest rate on outstanding borrowings under the Credit Facility was 1.70% per annum. We are obligated to pay an undrawn commitment fee that is based on the average daily unused amount of the Aggregate Credit Commitment and our credit ratings and leverage ratio. Any proceeds from borrowings under the Credit Facility may be used for general corporate purposes. We and substantially all of our 100% -owned home building subsidiaries are guarantors under the Credit Facility. Under the terms of the Credit Facility, our maximum leverage ratio (as defined in the Credit Agreement) may not exceed 1.75 to 1.00 and we are required to maintain a minimum tangible net worth (as defined in the Credit Facility) of no less than approximately $2.64 billion . Under the terms of the Credit Facility, at October 31, 2015 , our leverage ratio was approximately 0.68 to 1.00 and our tangible net worth was approximately $4.19 billion . Based upon the minimum tangible net worth requirement, our ability to repurchase our common stock was limited to approximately $1.97 billion as of October 31, 2015 . At October 31, 2015 , we had $350.0 million of outstanding borrowings under the Credit Facility and had outstanding letters of credit of approximately $118.9 million . Subsequent to October 31, 2015 , we repaid all $350.0 million borrowed under the Credit Facility. Loans Payable – Other Our “Loans payable – other” represent purchase money mortgages on properties we had acquired that the seller had financed and various revenue bonds that were issued by government entities on behalf of us to finance community infrastructure and our manufacturing facilities. Information regarding our loans payable at October 31, 2015 and 2014 , is included in the table below ($ amounts in thousands): 2015 2014 Aggregate loans payable at October 31 $ 151,702 $ 154,261 Weighted-average interest rate 3.78 % 4.34 % Interest rate range 0.15% - 7.87% 0.15% - 7.87% Loans secured by assets Carrying value of loans secured by assets $ 151,702 $ 154,111 Carrying value of assets securing loans $ 378,864 $ 428,122 The contractual maturities of loans payable – other as of October 31, 2015 , ranged from less than one month to 31 years . Senior Notes At October 31, 2015 and 2014 , senior notes consisted of the following (amounts in thousands): 2015 2014 5.15% Senior Notes due May 15, 2015 $ 300,000 8.91% Senior Notes due October 15, 2017 $ 400,000 400,000 4.00% Senior Notes due December 31, 2018 350,000 350,000 6.75% Senior Notes due November 1, 2019 250,000 250,000 5.875% Senior Notes due February 15, 2022 419,876 419,876 4.375% Senior Notes due April 15, 2023 400,000 400,000 5.625% Senior Notes due January 15, 2024 250,000 250,000 4.875% Senior Notes due November 15, 2025 350,000 0.5% Exchangeable Senior Notes due September 15, 2032 287,500 287,500 Bond discount and deferred issuance costs (17,575 ) (19,135 ) $ 2,689,801 $ 2,638,241 As discussed in Note 1, “Significant Accounting Policies - Recent Accounting Pronouncements,” we adopted ASU 2015-03 on October 31, 2015. We applied the new guidance retrospectively to all prior periods presented in the financial statements to conform to the fiscal 2015 presentation. As a result, $16.8 million of Senior Note deferred debt issuance costs at October 31, 2014, were reclassified from “Receivables, prepaid expenses, and other assets” to “Senior Notes” in our Consolidated Balance Sheets. The senior notes are the unsecured obligations of Toll Brothers Finance Corp., our 100% -owned subsidiary. The payment of principal and interest is fully and unconditionally guaranteed, jointly and severally, by us and substantially all of our 100% -owned home building subsidiaries (together with Toll Brothers Finance Corp., the “Senior Note Parties”). The senior notes rank equally in right of payment with all the Senior Note Parties’ existing and future unsecured senior indebtedness, including the Credit Facility and the Term Loan Facility. The senior notes are structurally subordinated to the prior claims of creditors, including trade creditors, of our subsidiaries that are not guarantors of the senior notes. The senior notes, other than the 0.5% Exchangeable Senior Notes due 2032 (“ 0.5% Exchangeable Senior Notes”), are redeemable in whole or in part at any time at our option, at prices that vary based upon the then-current rates of interest and the remaining original term of the notes. The 0.5% Exchangeable Senior Notes are not redeemable by us prior to September 15, 2017 . The 0.5% Exchangeable Senior Notes are exchangeable into shares of our common stock at an exchange rate of 20.3749 shares per $1,000 principal amount of notes, corresponding to an initial exchange price of approximately $49.08 per share of common stock. If all of the 0.5% Exchangeable Senior Notes are exchanged, we would issue approximately 5.9 million shares of our common stock. Shares issuable upon conversion of the 0.5% Exchangeable Senior Notes are included in the calculation of diluted earnings per share. Holders of the 0.5% Exchangeable Senior Notes will have the right to require Toll Brothers Finance Corp. to repurchase their notes for cash equal to 100% of their principal amount, plus accrued but unpaid interest, on each of December 15, 2017; September 15, 2022; and September 15, 2027. Toll Brothers Finance Corp. will have the right to redeem the 0.5% Senior Notes on or after September 15, 2017, for cash equal to 100% of their principal amount, plus accrued but unpaid interest. In October 2015, we issued $350.0 million aggregate principal amount of 4.875% Senior Notes due 2025 (the “ 4.875% Senior Notes”) at par. We received $347.7 million of net proceeds from this issuance of 4.875% Senior Notes. In May 2015, we repaid, at maturity, the $300.0 million of then-outstanding principal amount of 5.15% Senior Notes due May 15, 2015. In March 2014, we repaid, at maturity, the $268.0 million of the then-outstanding principal amount of 4.95% Senior Notes due March 15, 2014. In November 2013, we issued $350.0 million aggregate principal amount of 4.0% Senior Notes due 2018 (the “ 4.0% Senior Notes”) and $250.0 million aggregate principal amount of 5.625% Senior Notes due 2024 (the “ 5.625% Senior Notes”). We received $596.2 million of net proceeds from the issuance of the 4.0% Senior Notes and the 5.625% Senior Notes. In September 2013, we repaid, at maturity, the then-outstanding principal amount of $104.8 million of our 5.95% Senior Notes due September 15, 2013. In April 2013, we issued $300.0 million aggregate principal amount of 4.375% Senior Notes due 2023 (the “ 4.375% Senior Notes”) at par. We received $298.1 million of net proceeds from this issuance of 4.375% Senior Notes. In May 2013, we issued an additional $100.0 million aggregate principal amount of 4.375% Senior Notes at a price equal to 103% of par value. We received $102.3 million of net proceeds from this additional issuance of 4.375% Senior Notes. In November 2012, we repaid, at maturity, the $59.1 million of the then-outstanding principal amount of 6.875% Senior Notes due November 15, 2012. Mortgage Company Loan Facility In July 2015, TBI Mortgage ® Company (“TBI Mortgage”), our wholly owned mortgage subsidiary, amended its Master Repurchase Agreement (the “Repurchase Agreement”) with Comerica Bank. The purpose of the Repurchase Agreement is to finance the origination of mortgage loans by TBI Mortgage, and the Repurchase Agreement is accounted for as a secured borrowing under ASC 860, “Transfers and Servicing.” The Repurchase Agreement, as amended, provides for loan purchases up to $50 million , subject to certain sublimits. In addition, the Repurchase Agreement provides for an accordion feature under which TBI Mortgage may request that the aggregate commitments under the Repurchase Agreement be increased to an amount up to $100 million for a short period of time. The Repurchase Agreement, as amended, expires on July 18, 2016 , and borrowings thereunder bear interest at LIBOR plus 2.00% per annum, with a minimum rate of 2.00% . At October 31, 2015, the interest rate on the Repurchase Agreement was 2.19% per annum. In addition, we are subject to an under usage fee based on outstanding balances, as defined in the Repurchase Agreement. Borrowings under this facility are included in the fiscal 2016 maturities. At October 31, 2015 and 2014 , there were $100.0 million and $90.3 million , respectively, outstanding under the Repurchase Agreement, which are included in liabilities in our Consolidated Balance Sheets. At October 31, 2015 and 2014 , amounts outstanding under the Repurchase Agreement were collateralized by $115.9 million and $93.9 million , respectively, of mortgage loans held for sale, which are included in assets in our Consolidated Balance Sheets. As of October 31, 2015 , there were no aggregate outstanding purchase price limitations reducing the amount available to TBI Mortgage. There are several restrictions on purchased loans under the Repurchase Agreement, including that they cannot be sold to others, they cannot be pledged to anyone other than the agent, and they cannot support any other borrowing or repurchase agreements. General As of October 31, 2015 , the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2016 $ 166,497 2017 $ 419,480 2018 $ 364,541 2019 $ 860,535 2020 $ 253,290

Accrued Expenses

Accrued Expenses	12 Months Ended
	Oct. 31, 2015
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses at October 31, 2015 and 2014 , consisted of the following (amounts in thousands): 2015 2014 Land, land development and construction $ 118,634 $ 124,816 Compensation and employee benefits 125,045 118,607 Self-insurance 113,727 100,407 Warranty 93,083 86,282 Interest 26,926 33,993 Commitments to unconsolidated entities 5,534 3,293 Other 125,117 114,079 $ 608,066 $ 581,477 In response to an increasing rate of stucco-related claims received in the second half of fiscal 2014 involving homes in certain completed communities located in Pennsylvania and Delaware (which are in our Mid-Atlantic region), at that time we undertook a review of homes in certain completed communities built during fiscal 2003 through fiscal 2009 in Pennsylvania and Delaware to determine whether additional stucco-related repairs would likely be needed in these communities. The review included an analysis of the number of claims received, our inspection of homes, an estimate of the number of homes we expected to repair, the extent and cost estimate of such repairs, the potential insurance recovery, and the amount of warranty and self-insurance reserves already recorded. At the end of fiscal 2014, we estimated our potential liability for known and unknown claims to be approximately $54.0 million , of which we expected to recover approximately 40% from our outside insurance carriers. In addition to previously recognized warranty and self-insurance accruals, we recognized a $25.0 million charge in the fourth quarter of fiscal 2014 for estimated repair costs in the Mid-Atlantic region. During our fiscal fourth-quarter 2015 review of the potential liability for this matter, we determined that the average cost of stucco-related repairs had increased based on the actual cost of remediation of homes completed in the second half of fiscal 2015. In addition, we determined that additional stucco-related repairs will likely be needed in certain communities built during fiscal 2010 through fiscal 2013 in Pennsylvania. Based on the revision of our estimated costs of repairs and the inclusion of certain additional communities in our remediation estimates, the potential liability for known and unknown claims increased to approximately $80.3 million , of which we continue to expect to recover approximately 40% from outside insurance. We recognized a $14.7 million additional charge in the fourth quarter of fiscal 2015 for estimated repair costs in the Mid-Atlantic region. As of October 31, 2014, we had received construction claims from three related multifamily community associations in California alleging issues with design and construction and damage to exterior common area elements. We believe we have coverage under multiple owner controlled insurance policies with deductibles or self-insured retention requirements that vary from policy year to policy year. We completed a settlement of one of the claims during fiscal 2015, and subsequently, we reached a settlement agreement on a second in December 2015 (fiscal 2016). Our review of the remaining claim is ongoing. Due to issues related to insurance coverage on all three claims, the degree of judgment required, and the potential for variability in our underlying assumptions, our actual future costs could differ from our estimates. Based on the above settlements and our current evaluation of the remaining claim, we recorded a charge of $6.9 million in fiscal 2015 (including $0.8 million in the fourth quarter), which is included in “Cost of revenues” in our Consolidated Statements of Operations and Comprehensive Income. We do not believe that any resolution of the above matters, in excess of the amounts currently accrued would be material to our financial condition. We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical experience. The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2015 , 2014 , and 2013 as follows (amounts in thousands): 2015 2014 2013 Balance, beginning of year $ 86,282 $ 43,819 $ 41,706 Additions - homes closed during the year 20,934 18,588 14,652 Addition - liabilities acquired 11,044 Increase (decrease) in accruals for homes closed in prior years 2,661 2,913 (184 ) Reclassification from self-insurance accruals* 7,554 Charge related to stucco-related claims* 14,685 24,950 Charges incurred (31,479 ) (22,586 ) (12,355 ) Balance, end of year $ 93,083 $ 86,282 $ 43,819

Income Taxes

Income Taxes	12 Months Ended
	Oct. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Income Taxes The following table provides a reconciliation of our effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2015 , 2014 , and 2013 ($ amounts in thousands): 2015 2014 2013 $ %* $ %* $ %* Federal tax provision at statutory rate 187,447 35.0 176,604 35.0 93,694 35.0 State tax provision, net of federal benefit 21,947 4.1 23,778 4.7 11,363 4.2 Domestic production activities deduction (12,284 ) (2.3 ) (14,796 ) (2.9 ) — Other permanent differences (7,821 ) (1.5 ) (6,214 ) (1.2 ) (4,914 ) (1.8 ) Reversal of accrual for uncertain tax positions (15,331 ) (2.9 ) (11,022 ) (2.2 ) (5,580 ) (2.1 ) Accrued interest on anticipated tax assessments 2,588 0.5 1,847 0.4 3,704 1.4 Increase in unrecognized tax benefits 3,214 0.6 5,694 1.1 — Valuation allowance — recognized 3,681 0.7 1,328 0.3 3,232 1.2 Valuation allowance — reversed (16,323 ) (3.0 ) (13,256 ) (2.6 ) (4,569 ) (1.7 ) Other 5,277 1.0 587 0.1 161 0.1 Income tax provision* 172,395 32.2 164,550 32.6 97,091 36.3 * Due to rounding, amounts may not add. We currently operate in 19 states and are subject to various state tax jurisdictions. We estimate our state tax liability based upon the individual taxing authorities’ regulations, estimates of income by taxing jurisdiction, and our ability to utilize certain tax-saving strategies. Based on our estimate of the allocation of income or loss among the various taxing jurisdictions and changes in tax regulations and their impact on our tax strategies, we estimated our rate for state income taxes at 6.3% , 7.2% , and 6.5% in fiscal 2015 , 2014 , and 2013 , respectively. The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Federal $ 181,819 $ 163,089 $ 93,451 State (9,424 ) 1,461 3,640 $ 172,395 $ 164,550 $ 97,091 Current $ 122,953 $ 129,047 $ 23,209 Deferred 49,442 35,503 73,882 $ 172,395 $ 164,550 $ 97,091 The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Balance, beginning of year $ 58,318 $ 78,105 $ 80,991 Increase in benefit as a result of tax positions taken in prior years 16,802 10,314 5,699 Increase in benefit as a result of tax positions taken in current year 9,005 442 Decrease in benefit as a result of settlements (31,013 ) Decrease in benefit as a result of completion of audits (1,222 ) Decrease in benefit as a result of lapse of statute of limitations (1,223 ) (29,321 ) (8,585 ) Balance, end of year $ 51,889 $ 58,318 $ 78,105 The statute of limitations has expired on our federal tax returns for fiscal years through 2010. Our unrecognized tax benefits are included in “Income taxes payable” on our Consolidated Balance Sheets. If these unrecognized tax benefits reverse in the future, they would have a beneficial impact on our effective tax rate at that time. During the next 12 months, it is reasonably possible that the amount of unrecognized tax benefits will change, but we are not able to provide a range of such change. The anticipated changes will be principally due to the expiration of tax statutes, settlements with taxing jurisdictions, increases due to new tax positions taken, and the accrual of estimated interest and penalties. We recognize potential interest and penalties in our tax provision related to our unrecognized tax benefits. The amounts accrued for interest and penalties are included in “Income taxes payable” on our Consolidated Balance Sheets. The following table provides information as to the amounts recognized in our tax provision, before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the 12-month periods ended October 31, 2015 , 2014 , and 2013 , and the amounts accrued for potential interest and penalties at October 31, 2015 and 2014 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2015 $ 4,454 2014 $ 9,694 2013 $ 5,699 Accrued at: October 31, 2015 $ 17,012 October 31, 2014 $ 33,867 The components of net deferred tax assets and liabilities at October 31, 2015 and 2014 are set forth below (amounts in thousands): 2015 2014 Deferred tax assets: Accrued expenses $ 72,426 $ 61,023 Impairment charges 130,709 231,098 Inventory valuation differences 67,610 26,789 Stock-based compensation expense 54,768 50,255 Amounts related to unrecognized tax benefits 25,267 19,297 State tax, net operating loss carryforward 53,103 47,330 Other 7,410 12,030 Total assets 411,293 447,822 Deferred tax liabilities: Capitalized interest 107,970 102,951 Deferred income 17,661 2,511 Expenses taken for tax purposes not for book 37,868 21,076 Depreciation 3,819 4,012 Deferred marketing 14,384 23,073 Total liabilities 181,702 153,623 Net deferred tax assets before valuation allowances 229,591 294,199 Cumulative valuation allowance - state (31,136 ) (43,778 ) Net deferred tax assets $ 198,455 $ 250,421 Since the beginning of fiscal 2007, we recorded significant deferred tax assets as a result of the recognition of inventory impairments and impairments of investments in unconsolidated entities. In accordance with GAAP, we assess whether a valuation allowance should be established based on our determination of whether it is more-likely-than-not that some portion or all of the deferred tax assets would not be realized. At October 31, 2015 and 2014 , we determined that it was more-likely-than-not that our deferred assets would be realized for federal purposes. Accordingly, at October 31, 2015 and 2014 , we did not record any valuation allowances against our federal deferred tax assets. We file tax returns in the various states in which we do business. Each state has its own statutes regarding the use of tax loss carryforwards. Some of the states in which we do business do not allow for the carryforward of losses, while others allow for carryforwards for 5 years to 20 years . For state tax purposes, due to past and projected losses in certain jurisdictions where we do not have carryback potential and/or cannot sufficiently forecast future taxable income, we recognized net cumulative valuation allowances against our state deferred tax assets at October 31, 2015 and 2014 , as shown above. During fiscal 2015 , 2014 , and 2013 , due to improved actual and/or operating results, we reversed $16.3 million , $13.3 million , and $4.6 million of state deferred tax asset valuation allowance previously recognized, respectively. In addition, we establish valuation allowances for newly created deferred tax assets in certain jurisdictions where it is more-likely-than-not that the deferred tax asset would not be realized. During fiscal 2015 , 2014 , and 2013 , we recognized new valuation allowances of $3.7 million , $1.3 million , and $3.2 million , respectively. We will continue to review our deferred tax assets in accordance with ASC 740.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Oct. 31, 2015
Stockholders' Equity Note [Abstract]
Stock Issuance and Stock Repurchase Program	Stockholders’ Equity Our authorized capital stock consists of 400 million shares of common stock, $0.01 par value per share (“common stock”), and 15 million shares of preferred stock, $0.01 par value per share. At October 31, 2015 , we had 174.8 million shares of common stock issued and outstanding, 9.7 million shares of common stock reserved for outstanding stock options and restricted stock units, 7.5 million shares of common stock reserved for future stock option and award issuances, 5.9 million shares of common stock reserved for conversion of our 0.5% Senior Notes, and 0.5 million shares of common stock reserved for issuance under our employee stock purchase plan. As of October 31, 2015 , no shares of preferred stock have been issued. Stock Issuance In November 2013, in anticipation of the Shapell Acquisition, we issued 7.2 million shares of our common stock, par value $0.01 per share, at a price to the public of $32.00 per share. We received $220.4 million of net proceeds from the issuance. Stock Repurchase Program In March 2003, our Board of Directors authorized the repurchase of up to 20 million shares of our common stock, $0.01 par value per share, in open market transactions or otherwise, for the purpose of providing shares for our various benefit plans. On December 16, 2014, our Board of Directors authorized the repurchase of 20 million shares of our common stock in open market transactions or otherwise for the purpose of providing shares for the Company’s equity award and other employee benefit plans and for any other and additional purpose or purposes as may be determined from time to time by the Board of Directors. Additionally, our Board of Directors terminated, effective December 31, 2014, our March 2003 share repurchase program. The following table provides information about the share repurchase programs for the fiscal years ended October 31, 2015 , 2014 , and 2013 : 2015 2014 2013 Number of shares purchased (in thousands) 1,665 2,947 498 Average price per share $ 34.17 $ 30.80 $ 30.90 Remaining authorization at October 31 (in thousands) 18,535 5,321 8,268 Stockholder Rights Plan and Transfer Restriction In June 2007 , we adopted a shareholder rights plan (“2007 Rights Plan”). The rights issued pursuant to the 2007 Rights Plan will become exercisable upon the earlier of (i) 10 days following a public announcement that a person or group of affiliated or associated persons has acquired, or obtained the right to acquire, beneficial ownership of 15% or more of the outstanding shares of our common stock, or (ii) 10 business days following the commencement of a tender offer or exchange offer that would result in a person or group beneficially owning 15% or more of the outstanding shares of common stock. No rights were exercisable at October 31, 2015. On March 17, 2010 , our Board of Directors adopted a Certificate of Amendment to the Second Restated Certificate of Incorporation of the Company (the “Certificate of Amendment”). The Certificate of Amendment includes an amendment approved by our stockholders at the 2010 Annual Meeting of Stockholders that restricts certain transfers of our common stock in order to preserve the tax treatment of our net operating and unrealized tax losses. The Certificate of Amendment’s transfer restrictions generally restrict any direct or indirect transfer of our common stock if the effect would be to increase the direct or indirect ownership of any Person (as defined in the Certificate of Amendment) from less than 4.95% to 4.95% or more of our common stock or increase the ownership percentage of a Person owning or deemed to own 4.95% or more of our common stock. Any direct or indirect transfer attempted in violation of this restriction would be void as of the date of the prohibited transfer as to the purported transferee.

Stock-Based Benefit Plans

Stock-Based Benefit Plans	12 Months Ended
	Oct. 31, 2015
Stock-Based Benefit Plans [Abstract]
Stock-Based Benefit Plans	Stock-Based Benefit Plans We grant stock options, restricted stock, and various types of restricted stock units to our employees and our nonemployee directors under our stock incentive plans. We have two active stock incentive plans, one for employees (including officers) and one for nonemployee directors. Our active stock incentive plans provide for the granting of incentive stock options (solely to employees) and nonqualified stock options with a term of up to 10 years at a price not less than the market price of the stock at the date of grant. Our active stock incentive plans also provide for the issuance of stock appreciation rights and restricted and unrestricted stock awards and stock units, which may be performance-based. At October 31, 2015 , 2014 , and 2013 , we had 7,541,000 ; 8,821,000 ; and 4,397,000 shares, respectively, available for grant under our stock incentive plans. We have two additional stock incentive plans for employees, officers, and directors that are inactive except for outstanding stock option awards at October 31, 2015 . No additional options may be granted under these plans. Stock options granted under these plans were made with a term of up to 10 years at a price not less than the market price of the stock at the date of grant and generally vested over a four-year period for employees and a two-year period for nonemployee directors. The following table provides information regarding the amount of total stock-based compensation expense recognized by us for fiscal 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Total stock-based compensation expense recognized $ 22,903 $ 21,656 $ 19,041 Income tax benefit recognized $ 8,767 $ 8,322 $ 7,378 At October 31, 2015 , 2014 , and 2013 , the aggregate unamortized value of outstanding stock-based compensation awards was approximately $25.2 million , $24.0 million , and $19.9 million , respectively. Information about our more significant stock-based compensation programs is outlined below. Stock Options: Stock options granted to employees generally vest over a four-year period, although certain grants may vest over a longer or shorter period, and stock options granted to nonemployee directors generally vest over a two-year period. Shares issued upon the exercise of a stock option are either from shares held in treasury or newly issued shares. The fair value of each option award is estimated on the date of grant using a lattice-based option valuation model that uses assumptions noted in the following table. The lattice-based option valuation model incorporates ranges of assumptions for inputs, which are disclosed in the table below. Expected volatilities were based on implied volatilities from traded options on our stock, historical volatility of our stock, and other factors. The expected lives of options granted were derived from the historical exercise patterns and anticipated future patterns and represent the period of time that options granted are expected to be outstanding; the range given below results from certain groups of employees exhibiting different behaviors. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The following table summarizes the weighted-average assumptions and fair value used for stock option grants in each of the fiscal years ended October 31, 2015 , 2014 , and 2013 : 2015 2014 2013 Expected volatility 32.69% - 42.58% 36.44% - 44.71% 44.04% - 48.13% Weighted-average volatility 36.36% 42.71% 46.70% Risk-free interest rate 1.53% - 2.11% 1.45% - 2.71% 0.64% - 1.56% Expected life (years) 4.54 - 9.12 4.55 - 9.02 4.48 - 8.88 Dividends none none none Weighted-average fair value per share of options granted $11.67 $14.26 $13.05 The fair value of stock option grants is recognized evenly over the vesting period of the options or over the period between the grant date and the time the option becomes nonforfeitable by the employee, whichever is shorter. Information regarding the stock compensation expense, related to stock options, for fiscal 2015 , 2014 and 2013 was as follows (amounts in thousands): 2015 2014 2013 Stock compensation expense recognized - options $ 9,610 $ 9,005 $ 7,703 At October 31, 2015 , total compensation cost related to nonvested stock option awards not yet recognized was approximately $13.8 million , and the weighted-average period over which we expect to recognize such compensation costs and tax benefit is approximately 2.4 years . The following table summarizes stock option activity for our plans during each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands, except per share amounts): 2015 2014 2013 Number of options Weighted- average exercise price Number of options Weighted- average exercise price Number of options Weighted- average exercise price Balance, beginning 9,358 $ 25.94 9,924 $ 24.51 10,669 $ 23.23 Granted 870 32.49 819 35.16 768 32.22 Exercised (1,441 ) 27.52 (1,313 ) 20.88 (1,454 ) 19.21 Canceled (762 ) 32.48 (72 ) 25.23 (59 ) 25.09 Balance, ending 8,025 $ 25.75 9,358 $ 25.94 9,924 $ 24.51 Options exercisable, at October 31, 6,098 $ 23.67 7,482 $ 24.91 7,996 $ 24.49 The weighted average remaining contractual life (in years) for options outstanding and exercisable at October 31, 2015 , was 4.6 and 3.5 , respectively. The intrinsic value of options outstanding and exercisable is the difference between the fair market value of our common stock on the applicable date (“Measurement Value”) and the exercise price of those options that had an exercise price that was less than the Measurement Value. The intrinsic value of options exercised is the difference between the fair market value of our common stock on the date of exercise and the exercise price. The following table provides information pertaining to the intrinsic value of options outstanding and exercisable at October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Intrinsic value of options outstanding $ 82,058 $ 62,073 $ 84,938 Intrinsic value of options exercisable $ 75,034 $ 55,776 $ 68,920 Information pertaining to the intrinsic value of options exercised and the fair market value of options that became vested or modified in each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is provided below (amounts in thousands): 2015 2014 2013 Intrinsic value of options exercised $ 12,923 $ 18,361 $ 19,632 Fair market value of options vested $ 9,183 $ 8,447 $ 8,334 Our stock option plans permit optionees to exercise stock options using a “net exercise” method at the discretion of the Executive Compensation Committee of the Board of Directors (“Executive Compensation Committee”). In a net exercise, we withhold from the total number of shares that otherwise would be issued to an optionee upon exercise of the stock option that number of shares having a fair market value at the time of exercise equal to the option exercise price and applicable minimum income tax withholdings and remit the remaining shares to the optionee. The following table provides information regarding the use of the net exercise method for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Options exercised 30,000 96,162 531,000 Shares withheld 29,917 58,819 405,838 Shares issued 83 37,343 125,162 Average fair market value per share withheld $ 32.64 $ 33.78 $ 32.22 Aggregate fair market value of shares withheld (in thousands) $ 976 $ 1,987 $ 13,076 In addition, pursuant to the provisions of our stock option plans, optionees are permitted to use the value of our common stock that they own to pay for the exercise of options (“stock swap method”). The following table provides information regarding the use of the stock swap method for fiscal 2014 , and 2013 : 2014 2013 Options exercised 7,006 6,534 Shares tendered 4,273 4,034 Shares issued 2,733 2,500 Average market value per share tendered $ 33.01 $ 32.61 Aggregate market value of shares tendered (in thousands) $ 141 $ 132 No optionees used the stock swap method in fiscal 2015. Performance-Based Restricted Stock Units: In fiscal 2015 , 2014 , and 2013 , the Executive Compensation Committee approved awards of performance-based restricted stock units (“Performance-Based RSUs”) relating to shares of our common stock to certain members of our senior management. The Performance-Based RSUs are based on the attainment of certain performance metrics by the Company in the year of grant. The number of shares underlying the Performance-Based RSUs that will be issued to the recipients may range from 90% to 110% of the base award depending on actual performance metrics as compared to the target performance metrics. The Performance-Based RSUs vest over a four-year period provided the recipients continue to be employed by us or serve on our Board of Directors (as applicable) as specified in the award document. The value of the Performance-Based RSUs was determined to be equal to the estimated number of shares of our common stock to be issued multiplied by the closing price of our common stock on the New York Stock Exchange (“NYSE”) on the date the Performance-Based RSU awards were approved by the Executive Compensation Committee (“Valuation Date”). We evaluate the performance goals quarterly and estimate the number of shares underlying the Performance-Based RSUs that are probable of being issued. The following table provides information regarding the issuance, valuation assumptions, and amortization of the Performance-Based RSUs issued in fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Number of shares underlying Performance-Based RSUs to be issued 300,042 288,814 302,511 Aggregate number of Performance-Based RSUs outstanding at October 31 1,261,545 961,503 672,687 Closing price of our common stock on Valuation Date $ 32.49 $ 35.16 $ 37.78 Aggregate fair value of Performance-Based RSUs issued (in thousands) $ 9,748 $ 10,155 $ 11,429 Performance-Based RSU expense recognized (in thousands) $ 9,863 $ 9,310 $ 6,946 Unamortized value of Performance-Based RSUs at October 31 (in thousands) $ 8,850 $ 8,965 $ 8,120 Stock Price-Based Restricted Stock Units: In each of December 2010 and 2009, the Executive Compensation Committee approved awards to certain of our executives of stock price-based restricted stock unit (“Stock Price-Based RSUs”) awards relating to shares of our common stock. In fiscal 2012, we adopted a Performance-Based Restricted Stock Award program to replace the Stock Price-Based RSU program. The Stock Price-Based RSUs vested and the recipients were entitled to receive the underlying shares when the average closing price of our common stock on the NYSE, measured over any 20 consecutive trading days ending on or prior to five years from date of issuance of the Stock Price-Based RSUs, increased 30% or more over the closing price of our common stock on the NYSE on the date of issuance (“Target Price”), provided the recipients continued to be employed by us or serve on our Board of Directors (as applicable) as specified in the award document. In fiscal 2012, the Target Price of all Stock Price-Based RSUs issued was met. The Stock Price-Based RSUs issued in December 2010 were paid in fiscal 2014. The recipients of these RSUs elected to use a portion of the shares underlying the RSUs to pay the required income withholding taxes on the payout. The gross value of the payout was $ 10.5 million ( 306,000 shares), the minimum income tax withholding was $4.8 million ( 140,160 shares) and the net value of the shares delivered was $5.7 million ( 165,840 shares). The Stock Price-Based RSUs issued in December 2009 were paid in fiscal 2013. The recipient of these RSUs elected to use a portion of the shares underlying the RSUs to pay the required income withholding taxes on the payout. The gross value of the payout was $6.5 million ( 200,000 shares), the minimum income tax withholding was $2.6 million ( 81,201 shares) and the net value of the shares delivered was $3.8 million ( 118,799 shares). In fiscal 2014 , and 2013 , we recognized $0.2 million and $1.8 million , respectively, of expense related to Stock Price-Based RSUs. No expenses related to Stock Price-Based RSUs were recognized in fiscal 2015 . At October 31, 2015 and 2014, no Stock Price-Based RSUs were outstanding. Nonperformance-Based Restricted Stock Units: In fiscal 2015 , 2014 , and 2013 , we issued nonperformance-based restricted stock units (“RSUs”) to various officers, employees, and nonemployee directors. These RSUs generally vest in annual installments over a two- to four-year period. The value of the RSUs was determined to be equal to the number of shares of our common stock to be issued pursuant to the RSUs multiplied by the closing price of our common stock on the NYSE on the date the RSUs were awarded. The following table provides information regarding these RSUs for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Nonperformance-Based RSUs issued: Number of RSUs issued 124,568 99,336 94,080 Weighted average closing price of our common stock on date of issuance $ 32.74 $ 35.16 $ 32.22 Aggregate fair value of RSUs issued (in thousands) $ 4,078 $ 3,493 $ 3,031 Nonperformance-Based RSU expense recognized (in thousands): $ 3,317 $ 3,012 $ 2,490 2015 2014 2013 At October 31: Aggregate Nonperformance-Based RSUs outstanding 380,548 304,286 225,252 Cumulative unamortized value of Nonperformance-Based RSUs (in thousands) $ 2,542 $ 2,043 $ 1,706 Our stock incentive plans permit us to withhold from the total number of shares that otherwise would be issued to a restricted stock unit recipient upon distribution that number of shares having a fair value at the time of distribution equal to the applicable income tax withholdings due and remit the remaining shares to the restricted stock unit recipient. During fiscal 2015 , we withheld 4,221 of the shares subject to restricted stock units to cover $146,500 of income tax withholdings and we issued the remaining 10,049 shares to the recipients. Restricted Stock Units in Lieu of Compensation In December 2008, we issued restricted stock units (“RSUs in Lieu”) relating to 62,051 shares of our common stock to a number of employees in lieu of a portion of the employees’ bonuses and in lieu of a portion of one employee’s 2009 salary. The amount applicable to employee bonuses was charged to our accrual for bonuses that we made in fiscal 2008, and the amount applicable to salary deferral ( $130,000 ) was charged to “Selling, general and administrative” expense in the three-month period ended January 31, 2009. During fiscal 2013, we withheld 8,509 shares subject to RSUs in Lieu to cover $308,000 of income tax withholdings and we issued the remaining 29,460 shares to the recipients. As of October 31, 2013, all RSUs in Lieu outstanding have been paid out to the participants. Employee Stock Purchase Plan Our employee stock purchase plan enables substantially all employees to purchase our common stock at 95% of the market price of the stock on specified offering dates without restriction or at 85% of the market price of the stock on specified offering dates subject to restrictions. The plan, which terminates in December 2017, provides that 1.2 million shares be reserved for purchase. At October 31, 2015 , 537,000 shares were available for issuance. The following table provides information regarding our employee stock purchase plan for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Shares issued 26,674 24,275 20,362 Average price per share $ 31.65 $ 30.59 $ 28.71 Compensation expense recognized (in thousands) $ 113 $ 98 $ 77

Income Per Share Information

Income Per Share Information	12 Months Ended
	Oct. 31, 2015
Earnings Per Share [Abstract]
Income per Share Information	Income Per Share Information Information pertaining to the calculation of income per share for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is as follows (amounts in thousands): 2015 2014 2013 Numerator: Net income as reported $ 363,167 $ 340,032 $ 170,606 Plus: Interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit 1,561 1,557 1,604 Numerator for diluted earnings per share $ 364,728 $ 341,589 $ 172,210 Denominator: Basic weighted-average shares 176,425 177,578 169,288 Common stock equivalents (a) 2,420 2,439 2,817 Shares attributable to 0.5% Exchangeable Senior Notes 5,858 5,858 5,858 Diluted weighted-average shares 184,703 185,875 177,963 Other information: Weighted-average number of antidilutive options and restricted stock units (b) 1,826 1,970 1,509 Shares issued under stock incentive and employee stock purchase plans 1,467 1,453 1,213 (a) Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued under Performance-Based Restricted Stock Units and Nonperformance-Based Restricted Stock Units. (b) Weighted-average number of antidilutive options and restricted stock units are based upon the average of the average quarterly closing prices of our common stock on the NYSE for the year.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
	Oct. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Financial Instruments A summary of assets and (liabilities) at October 31, 2015 and 2014 , related to our financial instruments, measured at fair value on a recurring basis, is set forth below (amounts in thousands): Fair value Financial Instrument Fair value hierarchy October 31, 2015 October 31, 2014 Marketable Securities Level 2 $ 10,001 $ 12,026 Residential Mortgage Loans Held for Sale Level 2 $ 123,175 $ 101,944 Forward Loan Commitments – Residential Mortgage Loans Held for Sale Level 2 $ 186 $ (341 ) Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (297 ) $ (108 ) Forward Loan Commitments – IRLCs Level 2 $ 297 $ 108 At October 31, 2015 and 2014 , the carrying value of cash and cash equivalents and restricted cash approximated fair value. Marketable Securities The fair value of our marketable securities approximates the amortized costs basis as of October 31, 2015 and 2014 . The estimated fair values of marketable securities are based on quoted prices provided by brokers. The remaining contractual maturities of marketable securities as of October 31, 2015 was one month . Mortgage Loans Held for Sale At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans and commitments using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date and the application of such pricing to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the fair value of our forward loan commitments as a gain or loss. These gains and losses are included in “Other income – net” in our Consolidated Statements of Operations and Comprehensive Income. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan and is included in “Other income – net.” The table below provides, for the periods indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale as of the date indicated (amounts in thousands): At October 31, Aggregate unpaid principal balance Fair value Excess 2015 $ 121,904 $ 123,175 $ 1,271 2014 $ 100,463 $ 101,944 $ 1,481 IRLCs represent individual borrower agreements that commit us to lend at a specified price for a specified period as long as there is no violation of any condition established in the commitment contract. These commitments have varying degrees of interest rate risk. We utilize best-efforts forward loan commitments (“Forward Commitments”) to hedge the interest rate risk of the IRLCs and residential mortgage loans held for sale. Forward Commitments represent contracts with third-party investors for the future delivery of loans whereby we agree to make delivery at a specified future date at a specified price. The IRLCs and Forward Commitments are considered derivative financial instruments under ASC 815, “Derivatives and Hedging,” which requires derivative financial instruments to be recorded at fair value. We estimate the fair value of such commitments based on the estimated fair value of the underlying mortgage loan and, in the case of IRLCs, the probability that the mortgage loan will fund within the terms of the IRLC. The fair values of IRLCs and forward loan commitments are included in either “Receivables, prepaid expenses and other assets” or “Accrued expenses” in our Consolidated Balance Sheets, as appropriate. To manage the risk of non-performance of investors regarding the Forward Commitments, we assess the creditworthiness of the investors on a periodic basis. Inventory We recognize inventory impairment charges based on the difference in the carrying value of the inventory and its fair value at the time of the evaluation. The fair value of the aforementioned inventory was determined using Level 3 criteria. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. See Note 1, “Significant Accounting Policies - Inventory,” for additional information regarding our methodology on determining fair value. As further discussed in Note 1, determining the fair value of a community’s inventory involves a number of variables, many of which are interrelated. If we used a different input for any of the various unobservable inputs used in our impairment analysis, the results of the analysis may have been different, absent any other changes. The table below summarizes, for the periods indicated, the ranges of certain quantitative unobservable inputs utilized in determining the fair value of impaired communities: Selling price per unit ($ in thousands) Sales pace per year (in units) Discount rate Three months ended October 31, 2015 301 - 764 3 - 24 16.3% - 22.0% Three months ended July 31, 2015 788 - 1,298 4 - 8 15.5% -16.2% Three months ended April 30, 2015 527 - 600 13 - 25 17.0% Three months ended January 31, 2015 289 - 680 1 - 7 13.5% - 16.0% Three months ended October 31, 2014 337 - 902 7 - 23 12.5% - 16.5% Three months ended July 31, 2014 698 - 1,233 10 - 22 15.9% Three months ended April 30, 2014 634 - 760 4 - 7 12.0% - 15.3% Three months ended January 31, 2014 388 - 405 21 - 23 16.6% The table below provides, for the periods indicated, the fair value of operating communities whose carrying value was adjusted and the amount of impairment charges recognized ($ amounts in thousands): Impaired operating communities Three months ended: Number of Number of communities Fair value of Impairment charges recognized Fiscal 2015: January 31 58 4 $ 24,968 $ 900 April 30 52 1 $ 16,235 11,100 July 31 40 3 $ 13,527 6,000 October 31 44 3 $ 8,726 4,300 $ 22,300 Fiscal 2014: January 31 67 1 $ 7,131 $ 1,300 April 30 65 2 $ 6,211 1,600 July 31 63 1 $ 14,122 4,800 October 31 55 7 $ 38,473 9,855 $ 17,555 Fiscal 2013: January 31 60 2 $ 5,377 $ 700 April 30 79 1 $ 749 340 July 31 76 1 $ 191 100 October 31 63 2 $ 6,798 2,200 $ 3,340 Investments in REO Gibraltar’s REO was recorded at estimated fair value at the time it was acquired through foreclosure or deed in lieu actions using Level 3 inputs. The valuation techniques used to estimate fair value are third-party appraisals, broker opinions of value, or internal valuation methodologies (which may include discounted cash flows, capitalization rate analysis, or comparable transactional analysis). Unobservable inputs used in estimating the fair value of REO assets are based upon the best information available under the circumstances and take into consideration the financial condition and operating results of the asset, local market conditions, the availability of capital, interest and inflation rates, and other factors deemed appropriate by management. Acquisition of Shapell The purchase price allocation performed in connection with the Acquisition was primarily based on Level 3 inputs. The valuation techniques used to value the assets and liabilities acquired are described in Note 2, “Acquisition”. Debt The table below provides, as of the dates indicated, the book value and estimated fair value of our debt at October 31, 2015 and 2014 (amounts in thousands): 2015 2014 Fair value hierarchy Book value Estimated fair value Book value Estimated fair value Loans payable (a) Level 2 $ 1,001,702 $ 1,001,366 $ 654,261 $ 652,944 Senior notes (b) Level 1 2,707,376 2,877,039 2,657,376 2,821,559 Mortgage company loan facility (c) Level 2 100,000 100,000 90,281 90,281 $ 3,809,078 $ 3,978,405 $ 3,401,918 $ 3,564,784 (a) The estimated fair value of loans payable was based upon contractual cash flows discounted at interest rates that we believed were available to us for loans with similar terms and remaining maturities as of the applicable valuation date. (b) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (c) We believe that the carrying value of our mortgage company loan borrowings approximates their fair value.

Employee Retirement and Deferre

Employee Retirement and Deferred Compensation Plans	12 Months Ended
	Oct. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure	Employee Retirement and Deferred Compensation Plans Salary Deferral Savings Plans We maintain salary deferral savings plans covering substantially all employees. We recognized an expense, net of plan forfeitures, with respect to the plans of $8.9 million , $7.8 million , and $6.4 million for the fiscal years ended October 31, 2015 , 2014 , and 2013 , respectively. Deferred Compensation Plan We have an unfunded, nonqualified deferred compensation plan that permits eligible employees to defer a portion of their compensation. The deferred compensation, together with certain of our contributions, earns various rates of return depending upon when the compensation was deferred. A portion of the deferred compensation and interest earned may be forfeited by a participant if he or she elects to withdraw the compensation prior to the end of the deferral period. We accrued $21.6 million and $20.4 million at October 31, 2015 and 2014 , respectively, for our obligations under the plan. Defined Benefit Retirement Plans We have two unfunded defined benefit retirement plans. Retirement benefits generally vest when the participant reaches normal retirement age (age 62 ). Unrecognized prior service costs are being amortized over the period from the date participants enter the plans until their interests are fully vested. We used a 3.55% , 3.55% , and 4.01% discount rate in our calculation of the present value of our projected benefit obligations at October 31, 2015 , 2014 , and 2013 , respectively. The rates represent the approximate long-term investment rate at October 31 of the fiscal year for which the present value was calculated. Information related to the plans is based on actuarial information calculated as of October 31, 2015 , 2014 and 2013 . Information related to our retirement plans for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is as follows (amounts in thousands): 2015 2014 2013 Plan costs: Service cost $ 579 $ 470 $ 471 Interest cost 1,232 1,277 1,044 Amortization of prior service cost 806 662 843 Amortization of unrecognized losses 81 8 144 $ 2,698 $ 2,417 $ 2,502 Projected benefit obligation: Beginning of year $ 34,606 $ 32,136 $ 34,319 Plan amendments adopted during year 768 511 826 Service cost 579 470 471 Interest cost 1,232 1,277 1,044 Benefit payments (988 ) (971 ) (888 ) Change in unrecognized loss (382 ) 1,183 (3,636 ) Projected benefit obligation, end of year $ 35,815 $ 34,606 $ 32,136 Unamortized prior service cost: Beginning of year $ 3,003 $ 3,154 $ 3,171 Plan amendments adopted during year 768 511 826 Amortization of prior service cost (806 ) (662 ) (843 ) Unamortized prior service cost, end of year $ 2,965 $ 3,003 $ 3,154 Accumulated unrecognized loss, October 31 $ 1,240 $ 1,703 $ 527 Accumulated benefit obligation, October 31 $ 35,815 $ 34,606 $ 32,136 Accrued benefit obligation, October 31 $ 35,815 $ 34,606 $ 32,136 The table below provides, based upon the estimated retirement dates of the participants in the retirement plans, the amounts of benefits we would be required to pay in each of the next five fiscal years and for the five fiscal years ended October 31, 2025 in the aggregate (in thousands): Year ending October 31, Amount 2016 $ 988 2017 $ 2,028 2018 $ 2,124 2019 $ 2,468 2020 $ 2,576 November 1, 2020 – October 31, 2025 $ 14,214

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Oct. 31, 2015
Equity [Abstract]
Accumulated Other Comprehensive Loss and Total Comprehensive Income (Loss)	Accumulated Other Comprehensive Loss The tables below provide, for the fiscal years ended October 31, 2015 and 2014 , the components of accumulated other comprehensive loss (amounts in thousands): 2015 Employee retirement plans Available-for-sale securities Derivative instruments Total Balance, beginning of period $ (2,789 ) $ (2 ) $ (47 ) $ (2,838 ) Other comprehensive (loss) income before reclassifications (387 ) 3 26 (358 ) Gross amounts reclassified from accumulated other comprehensive income 887 887 Income tax expense (189 ) (1 ) (10 ) (200 ) Other comprehensive income, net of tax 311 2 16 329 Balance, end of period $ (2,478 ) $ — $ (31 ) $ (2,509 ) 2014 Employee retirement plans Available-for-sale securities Derivative instruments Total Balance, beginning of period $ (2,112 ) $ (5 ) $ (270 ) $ (2,387 ) Other comprehensive (loss) income before reclassifications (1,694 ) 13 364 (1,317 ) Gross amounts reclassified from accumulated other comprehensive income (loss) 670 (6 ) 664 Income tax benefit (expense) 347 (4 ) (141 ) 202 Other comprehensive (loss) income, net of tax (677 ) 3 223 (451 ) Balance, end of period $ (2,789 ) $ (2 ) $ (47 ) $ (2,838 ) Reclassifications for the amortization of the employee retirement plans are included in “Selling, general and administrative” expense in the Consolidated Statements of Operations and Comprehensive Income. Reclassifications for the realized gains on available-for-sale securities are included in “Other income – net” in the Consolidated Statements of Operations and Comprehensive Income.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Oct. 31, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings We are involved in various claims and litigation arising principally in the ordinary course of business. We believe that adequate provision for resolution of all current claims and pending litigation has been made for probable losses. We believe that the disposition of these matters will not have a material adverse effect on our results of operations and liquidity or on our financial condition. Land Purchase Commitments Generally, our purchase agreements to acquire land parcels do not require us to purchase those land parcels, although we, in some cases, forfeit any deposit balance outstanding if and when we terminate a purchase agreement. If market conditions are weak, approvals needed to develop the land are uncertain, or other factors exist that make the purchase undesirable, we may choose not to acquire the land. Whether a purchase agreement is legally terminated or not, we review the amount recorded for the land parcel subject to the purchase agreement to determine if the amount is recoverable. While we may not have formally terminated the purchase agreements for those land parcels that we do not expect to acquire, we write off any non-refundable deposits and costs previously capitalized to such land parcels in the periods that we determine such costs are not recoverable. Information regarding our land purchase commitments at October 31, 2015 and 2014 , is provided in the table below (amounts in thousands): 2015 2014 Aggregate purchase commitments: Unrelated parties $ 1,081,008 $ 1,043,654 Unconsolidated entities that the Company has investments in 136,340 184,260 Total $ 1,217,348 $ 1,227,914 Deposits against aggregate purchase commitments $ 79,072 $ 103,422 Additional cash required to acquire land 1,138,276 1,124,492 Total $ 1,217,348 $ 1,227,914 Amount of additional cash required to acquire land included in accrued expenses $ 4,809 $ 764 At October 31, 2015 , we had an understanding to acquire 378 home sites from one of our Land Development Joint Ventures for an aggregate purchase price of $136.3 million . In addition, we expect to purchase approximately 3,600 additional home sites over a number of years from several joint ventures in which we have investments; the purchase prices of these home sites will be determined at a future date. At October 31, 2015 , we also had purchase commitments to acquire land for apartment developments of approximately $69.4 million , of which we had outstanding deposits in the amount of $2.4 million . In November 2014, we closed on a 99 -year ground lease on land located within New York City where we are developing a high-rise luxury cooperative-owned residential building. In August 2014, we paid $4.7 million representing two years of prepaid rent under the ground lease. Pursuant to the terms of the ground lease, in the third quarter of fiscal 2015, we made an additional payment of $17.3 million when final approvals were received. As we deliver homes to our home buyers, the obligation under this lease will transfer to the building’s cooperative. We expect to deliver all homes by the end of our fiscal year ending October 31, 2018; therefore we have included two years of additional rent payments totaling $4.7 million that we expect to pay which is included in “Aggregate purchase commitments – Unrelated parties” above. We have additional land parcels under option that have been excluded from the aforementioned aggregate purchase amounts since we do not believe that we will complete the purchase of these land parcels and no additional funds will be required from us to terminate these contracts. Investments in Unconsolidated Entities At October 31, 2015 , we had investments in a number of unconsolidated entities, were committed to invest or advance additional funds, and had guaranteed a portion of the indebtedness and/or loan commitments of these entities. See Note 4, “Investments in Unconsolidated Entities,” for more information regarding our commitments to these entities. Surety Bonds and Letters of Credit At October 31, 2015 , we had outstanding surety bonds amounting to $606.6 million , primarily related to our obligations to governmental entities to construct improvements in our communities. We estimate that $354.7 million of work remains on these improvements. We have an additional $116.6 million of surety bonds outstanding that guarantee other obligations. We do not believe it is probable that any outstanding bonds will be drawn upon. At October 31, 2015 , we had outstanding letters of credit of $118.9 million under our Credit Facility. These letters of credit were issued to secure our various financial obligations, including insurance policy deductibles and other claims, land deposits, and security to complete improvements in communities in which we are operating. We believe it is not probable that any outstanding letters of credit will be drawn upon. Backlog At October 31, 2015 , we had agreements of sale outstanding to deliver 4,064 homes with an aggregate sales value of $3.50 billion . Mortgage Commitments Our mortgage subsidiary provides mortgage financing for a portion of our home closings. For those home buyers to whom our mortgage subsidiary provides mortgages, we determine whether the home buyer qualifies for the mortgage based upon information provided by the home buyer and other sources. For those home buyers who qualify, our mortgage subsidiary provides the home buyer with a mortgage commitment that specifies the terms and conditions of a proposed mortgage loan based upon then-current market conditions. Prior to the actual closing of the home and funding of the mortgage, the home buyer will lock in an interest rate based upon the terms of the commitment. At the time of rate lock, our mortgage subsidiary agrees to sell the proposed mortgage loan to one of several outside recognized mortgage financing institutions (“investors”) that is willing to honor the terms and conditions, including interest rate, committed to the home buyer. We believe that these investors have adequate financial resources to honor their commitments to our mortgage subsidiary. Information regarding our mortgage commitments at October 31, 2015 and 2014 , is provided in the table below (amounts in thousands): 2015 2014 Aggregate mortgage loan commitments: IRLCs $ 316,184 $ 191,604 Non-IRLCs 941,243 709,401 Total $ 1,257,427 $ 901,005 Investor commitments to purchase: IRLCs $ 316,184 $ 191,604 Mortgage loans receivable 115,859 93,261 Total $ 432,043 $ 284,865 Lease Commitments We lease certain facilities and equipment under non-cancelable operating leases. Rental expenses incurred by us under these operating leases were (amounts in thousands): Year ending October 31, Amount 2015 $ 12,584 2014 $ 12,385 2013 $ 10,973 At October 31, 2015 , future minimum rent payments under our operating leases were (amounts in thousands): Year ending October 31, Amount 2016 $ 11,048 2017 9,009 2018 7,072 2019 5,297 2020 1,166 Thereafter 349 $ 33,941

Other Income - Net

Other Income - Net	12 Months Ended
	Oct. 31, 2015
Other Income and Expenses [Abstract]
Other Income - net [Text Block]	Other Income - Net The table below provides the components of other income - net for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Interest income $ 1,939 $ 2,493 $ 4,457 Income from ancillary businesses 23,530 10,653 9,912 Gibraltar 10,168 14,364 10,185 Management fee income from unconsolidated entities 11,299 7,306 2,890 Retained customer deposits 5,224 3,067 2,534 Income from land sales 13,150 25,489 4,435 Income recognized from settlement of litigation 13,229 Directly expensed interest (656 ) Other 2,263 3,476 4,596 Total other income – net $ 67,573 $ 66,192 $ 52,238 In fiscal 2015, our security monitoring business recognized an $8.1 million gain from a bulk sale of security monitoring accounts, which is included in income from ancillary businesses above. For the year ended October 31, 2014, income from land sales includes $2.9 million of previously deferred gains on our initial sales of the properties to Trust II as further described in Note 4, “Investments in Unconsolidated Entities.” In fiscal 2013, we recognized income from the settlement of litigation as the result of three derivative lawsuits brought on our behalf against certain of our officers and directors. Income from ancillary businesses includes our mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides revenues and expenses for these ancillary businesses for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Revenue $ 119,732 $ 100,284 $ 89,182 Expense $ 96,202 $ 89,631 $ 79,270 The table below provides revenues and expenses recognized from land sales for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Revenue $ 183,870 $ 242,931 $ 29,252 Deferred gain on land sale to joint venture (9,260 ) Expense (161,460 ) (217,442 ) (24,817 ) $ 13,150 $ 25,489 $ 4,435 Land sale revenues for the nine months ended July 31, 2015, include $78.5 million related to property sold to a Home Building Joint Venture in which we have a 25% interest. Due to our continued involvement in the joint venture through our ownership interest and guarantees provided on the joint venture’s debt, we deferred the $9.3 million gain realized on the sale. We will recognize the gain as units are sold to the ultimate home buyers. See Note 4, “Investments in Unconsolidated Entities,” for more information on this transaction.

Information on Operating Segmen

Information on Operating Segments	12 Months Ended
	Oct. 31, 2015
Operating Segments [Abstract]
Information on Operating Segments	Information on Operating Segments As we discussed in Note 1, “Significant Accounting Policies - Segment Reporting,” prior to October 31, 2015, California was included in the West geographic segment. Due to the increase in our assets and operations in California, it is now presented as a separate geographic segment. Prior year amounts presented below have been reclassified to conform to the fiscal 2015 presentation. The table below summarizes revenue and income (loss) before income taxes for each of our segments for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): Revenues Income (loss) before income taxes 2015 2014 2013 2015 2014 2013 Traditional Home Building: North $ 702,175 $ 662,734 $ 485,052 $ 59,172 $ 56,983 $ 32,648 Mid-Atlantic 845,328 817,306 652,855 69,093 78,971 79,801 South 892,303 836,498 641,331 152,991 113,584 67,934 West 665,282 517,925 369,697 106,365 78,802 42,731 California 750,036 795,802 354,673 139,133 157,561 68,570 Traditional Home Building 3,855,124 3,630,265 2,503,608 526,754 485,901 291,684 City Living 316,124 281,337 170,691 124,290 104,580 53,345 Corporate and other (115,482 ) (85,899 ) (77,332 ) Total $ 4,171,248 $ 3,911,602 $ 2,674,299 $ 535,562 $ 504,582 $ 267,697 “Corporate and other” is comprised principally of general corporate expenses such as the offices of our executive officers; the corporate finance, accounting, audit, tax, human resources, risk management, information technology, marketing, and legal groups; interest income; income from certain of our ancillary businesses, including Gibraltar; and income from a number of our unconsolidated entities. Total assets for each of our reportable and geographic segments at October 31, 2015 and 2014 , are shown in the table below (amounts in thousands): 2015 2014 Traditional Home Building: North $ 1,061,777 $ 1,053,787 Mid-Atlantic 1,225,988 1,267,563 South 1,196,650 1,165,600 West 949,566 755,849 California 2,243,309 1,920,315 Traditional Home Building 6,677,290 6,163,114 City Living 873,013 834,949 Corporate and other 1,656,212 1,400,394 Total $ 9,206,515 $ 8,398,457 “Corporate and other” is comprised principally of cash and cash equivalents, marketable securities, restricted cash, deferred tax assets, and the assets of our Gibraltar investments, manufacturing facilities, and mortgage subsidiary. Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands): Land controlled for future communities Land owned for future communities Operating communities Total Balances at October 31, 2015 Traditional Home Building: North $ 12,858 $ 146,063 $ 865,553 $ 1,024,474 Mid-Atlantic 33,196 194,058 956,749 1,184,003 South 4,861 205,562 806,513 1,016,936 West 8,417 198,689 726,256 933,362 California 14,386 899,675 1,149,112 2,063,173 Traditional Home Building 73,718 1,644,047 4,504,183 6,221,948 City Living 1,496 389,400 384,672 775,568 $ 75,214 $ 2,033,447 $ 4,888,855 $ 6,997,516 Balances at October 31, 2014 Traditional Home Building: North $ 12,007 $ 171,780 $ 834,266 $ 1,018,053 Mid-Atlantic 29,169 209,506 994,859 1,233,534 South 10,971 219,904 793,835 1,024,710 West 18,780 201,710 519,415 739,905 California 3,342 1,189,318 658,405 1,851,065 Traditional Home Building 74,269 1,992,218 3,800,780 5,867,267 City Living 48,264 363,656 211,134 623,054 $ 122,533 $ 2,355,874 $ 4,011,914 $ 6,490,321 The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each our of geographic segments, for the years ended October 31, 2015 , 2014 , and 2013 , are shown in the table below (amounts in thousands): 2015 2014 2013 Traditional Home Building: North $ 15,033 $ 9,148 $ 1,762 Mid-Atlantic 19,488 9,069 522 South 720 2,285 2,400 West 420 169 365 California 7 (526 ) Traditional Home Building 35,661 20,678 4,523 City Living 48 $ 35,709 $ 20,678 $ 4,523 The net carrying value of our investments in unconsolidated entities and our equity in earnings from such investments, for each of our reportable and geographic segments, as of the dates indicated, are shown in the table below (amounts in thousands): Investments in unconsolidated entities Equity in earning from unconsolidated entities At October 31, Year ended October 31, 2015 2014 2015 2014 2013 Traditional Home Building: Mid-Atlantic $ 12,167 $ 11,841 $ (8 ) South 97,041 98,362 $ 11,074 2,621 $ 184 West 1,841 447 (166 ) (183 ) California 128,338 57,732 5,089 302 3,584 Traditional Home Building 237,546 169,776 16,610 2,749 3,585 City Living 52,634 159,953 (1,158 ) (3,593 ) 1,174 Corporate and other 122,680 117,349 5,667 41,985 9,633 Total $ 412,860 $ 447,078 $ 21,119 $ 41,141 $ 14,392 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures (including the Trust and Trust II) and the Structured Asset Joint Venture. In the first quarter of fiscal 2015, a Rental Property Joint Venture that was previously included in the Mid-Atlantic geographic segment was reclassified to “Corporate and other.” Our investment balance in this joint venture at October 31, 2014, of $12.4 million , was reclassified in the table above to conform to the fiscal 2015 presentation.

Supplemental Disclosure to Stat

Supplemental Disclosure to Statements of Cash Flows	12 Months Ended
	Oct. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	Supplemental Disclosure to Consolidated Statements of Cash Flows The following are supplemental disclosures to the Consolidated Statements of Cash Flows for each of the fiscal years ended October 31, 2015 , 2014 and 2013 (amounts in thousands): 2015 2014 2013 Cash flow information: Interest paid, net of amount capitalized $ 23,930 $ 10,131 $ 18,187 Income tax payments $ 205,412 $ 71,608 $ 3,130 Income tax refunds $ 16,965 $ 8 $ 1,190 Noncash activity: Cost of inventory acquired through seller financing or municipal bonds, net $ 67,890 $ 96,497 $ 45,726 Financed portion of land sale $ 2,273 $ 6,586 $ 7,200 Reduction in inventory for Company's share of earnings in land purchased from unconsolidated entities $ 9,188 $ 4,177 $ 3,035 Transfer of investment in REO to inventory $ 764 Reclassification of deferred income from inventory to accrued liabilities $ 4,545 Reclassification of inventory to property, construction, and office equipment $ 9,482 $ 5,576 (Decrease) increase in unrecognized losses in defined benefit plans $ (382 ) $ 1,183 $ (3,636 ) Defined benefit plan amendment $ 768 $ 511 $ 826 Deferred tax decrease related to exercise of stock options included in APIC $ 2,325 $ 312 Increase in accrued expenses related to Stock Price-Based RSUs $ 5,086 $ 2,942 Income tax (expense) benefit recognized in total comprehensive income $ (200 ) $ 202 $ (1,512 ) Transfer of inventory to investment in unconsolidated entities $ 4,152 $ 54,761 Transfers of investment in unconsolidated entity to inventory $ 132,256 $ 2,704 Transfer of other assets to investment in unconsolidated entities $ 4,852 Unrealized gain on derivatives held by equity investees $ 26 $ 364 $ 435 Increase in investments in unconsolidated entities for change in the fair value of debt guarantees $ 1,843 $ 1,356 $ 1,582 Miscellaneous increases (decreases) to investments in unconsolidated entities $ 144 $ 249 $ (1,811 ) Business Acquisition: Fair value of assets purchased, excluding cash acquired $ 1,524,964 Liabilities assumed $ 35,848 Cash paid, net of cash acquired $ 1,489,116

Supplemental Guarantor Informat

Supplemental Guarantor Information	12 Months Ended
	Oct. 31, 2015
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information [Text Block]	. Supplemental Guarantor Information Our 100% -owned subsidiary, Toll Brothers Finance Corp. (the “Subsidiary Issuer”), has issued the following Senior Notes (amounts in thousands): Original amount issued and amount outstanding at October 31, 2015 8.91% Senior Notes due 2017 $ 400,000 4.0% Senior Notes due 2018 $ 350,000 6.75% Senior Notes due 2019 $ 250,000 5.875% Senior Notes due 2022 $ 419,876 4.375% Senior Notes due 2023 $ 400,000 5.625% Senior Notes due 2024 $ 250,000 4.875% Senior Notes due 2025 $ 350,000 0.50% Exchangeable Senior Notes due 2032 $ 287,500 The obligations of the Subsidiary Issuer to pay principal, premiums, if any, and interest are guaranteed jointly and severally on a senior basis by us and substantially all of our 100% -owned home building subsidiaries (the “Guarantor Subsidiaries”). The guarantees are full and unconditional. Our non-home building subsidiaries and several of our home building subsidiaries (together, the “Nonguarantor Subsidiaries”) do not guarantee the debt. The Subsidiary Issuer generates no operating revenues and does not have any independent operations other than the financing of our other subsidiaries by lending the proceeds from the above-described debt issuances. The indentures under which the Senior Notes were issued provide that any of our subsidiaries that provide a guarantee of the Credit Facility will guarantee the Senior Notes. The indentures further provide that any Guarantor Subsidiary may be released from its guarantee, so long as (1) no default or event of default exists or would result from release of such guarantee, (2) the Guarantor Subsidiary being released has consolidated net worth of less than 5% of our consolidated net worth as of the end of our most recent fiscal quarter, (3) the Guarantor Subsidiaries released from their guarantees in any fiscal year comprise in the aggregate less than 10% (or 15% if and to the extent necessary to permit the cure of a default) of our consolidated net worth as of the end of our most recent fiscal quarter, (4) such release would not have a material adverse effect on our and our subsidiaries home building business, and (5) the Guarantor Subsidiary is released from its guarantee under the Credit Facility. If there are no guarantors under the Credit Facility, all Guarantor Subsidiaries under the indentures will be released from their guarantees. Separate financial statements and other disclosures concerning the Guarantor Subsidiaries are not presented because management has determined that such disclosures would not be material to investors. Supplemental consolidating financial information of Toll Brothers, Inc., the Subsidiary Issuer, the Guarantor Subsidiaries, the Nonguarantor Subsidiaries, and the eliminations to arrive at Toll Brothers, Inc. on a consolidated basis is presented below ($ amounts in thousands). Consolidating Balance Sheet at October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 783,599 135,394 — 918,993 Marketable securities 10,001 10,001 Restricted cash 15,227 499 1,069 16,795 Inventory 6,530,698 466,818 6,997,516 Property, construction, and office equipment, net 121,178 15,577 136,755 Receivables, prepaid expenses, and other assets 52 149,268 178,680 (43,870 ) 284,130 Mortgage loans held for sale 123,175 123,175 Customer deposits held in escrow 51,767 4,338 56,105 Investments in unconsolidated entities 115,999 296,861 412,860 Investments in foreclosed real estate and distressed loans 51,730 51,730 Investments in and advances to consolidated entities 4,067,722 2,726,428 4,740 (6,798,890 ) — Deferred tax assets, net of valuation allowances 198,455 198,455 4,281,456 2,726,428 7,757,748 1,283,643 (6,842,760 ) 9,206,515 LIABILITIES AND EQUITY Liabilities Loans payable 1,000,439 1,000,439 Senior notes 2,669,860 19,941 2,689,801 Mortgage company loan facility 100,000 100,000 Customer deposits 271,124 13,185 284,309 Accounts payable 236,436 517 236,953 Accrued expenses 25,699 361,089 266,411 (45,133 ) 608,066 Advances from consolidated entities 1,932,075 850,374 (2,782,449 ) — Income taxes payable 58,868 58,868 Total liabilities 58,868 2,695,559 3,801,163 1,230,487 (2,807,641 ) 4,978,436 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 728,125 49,400 1,734 (51,134 ) 728,125 Retained earnings 3,595,202 (18,531 ) 3,956,568 42,894 (3,980,931 ) 3,595,202 Treasury stock, at cost (100,040 ) (100,040 ) Accumulated other comprehensive loss (2,478 ) (31 ) (2,509 ) Total stockholders’ equity 4,222,588 30,869 3,956,585 47,634 (4,035,119 ) 4,222,557 Noncontrolling interest 5,522 5,522 Total equity 4,222,588 30,869 3,956,585 53,156 (4,035,119 ) 4,228,079 4,281,456 2,726,428 7,757,748 1,283,643 (6,842,760 ) 9,206,515 Consolidating Balance Sheet at October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 455,714 130,601 — 586,315 Marketable securities 1,997 10,029 12,026 Restricted cash 15,211 2,070 1,061 18,342 Inventory 6,260,303 230,018 6,490,321 Property, construction, and office equipment, net 126,586 16,424 143,010 Receivables, prepaid expenses, and other assets 113,221 137,496 (17,590 ) 233,127 Mortgage loans held for sale 101,944 101,944 Customer deposits held in escrow 39,912 2,161 42,073 Investments in unconsolidated entities 132,096 314,982 447,078 Investments in foreclosed real estate and distressed loans 73,800 73,800 Investments in and advances to consolidated entities 3,714,788 2,677,448 4,740 (6,396,976 ) — Deferred tax assets, net of valuation allowances 250,421 250,421 3,980,420 2,677,448 7,136,639 1,018,516 (6,414,566 ) 8,398,457 LIABILITIES AND EQUITY Liabilities Loans payable 651,627 992 652,619 Senior notes 2,608,910 29,331 2,638,241 Mortgage company loan facility 90,281 90,281 Customer deposits 221,084 2,715 223,799 Accounts payable 225,106 241 225,347 Accrued expenses 31,906 386,223 181,649 (18,301 ) 581,477 Advances from consolidated entities 2,018,981 708,167 (2,727,148 ) — Income taxes payable 125,996 125,996 Total liabilities 125,996 2,640,816 3,503,021 984,045 (2,716,118 ) 4,537,760 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 712,162 49,400 1,734 (51,134 ) 712,162 Retained earnings 3,232,035 (12,768 ) 3,633,618 23,410 (3,644,260 ) 3,232,035 Treasury stock, at cost (88,762 ) (88,762 ) Accumulated other comprehensive loss (2,790 ) (48 ) (2,838 ) Total stockholders’ equity 3,854,424 36,632 3,633,618 28,150 (3,698,448 ) 3,854,376 Noncontrolling interest 6,321 6,321 Total equity 3,854,424 36,632 3,633,618 34,471 (3,698,448 ) 3,860,697 3,980,420 2,677,448 7,136,639 1,018,516 (6,414,566 ) 8,398,457 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 4,213,776 77,226 (119,754 ) 4,171,248 Cost of revenues 3,276,078 12,909 (19,717 ) 3,269,270 Selling, general and administrative 113 3,560 481,943 60,377 (90,885 ) 455,108 113 3,560 3,758,021 73,286 (110,602 ) 3,724,378 Income (loss) from operations (113 ) (3,560 ) 455,755 3,940 (9,152 ) 446,870 Other: Income from unconsolidated entities 14,034 7,085 21,119 Other income - net 9,429 34,098 21,724 2,322 67,573 Intercompany interest income 137,362 (137,362 ) — Interest expense (143,193 ) (999 ) 144,192 — Income from consolidated subsidiaries 526,246 22,359 (548,605 ) — Income (loss) before income taxes 535,562 (9,391 ) 526,246 31,750 (548,605 ) 535,562 Income tax provision (benefit) 172,395 (3,628 ) 203,296 12,265 (211,933 ) 172,395 Net income (loss) 363,167 (5,763 ) 322,950 19,485 (336,672 ) 363,167 Other comprehensive (loss) income 311 18 329 Total comprehensive income (loss) 363,478 (5,763 ) 322,968 19,485 (336,672 ) 363,496 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 3,950,509 79,097 (118,004 ) 3,911,602 Cost of revenues 3,098,048 9,406 (25,617 ) 3,081,837 Selling, general and administrative 132 3,670 457,808 55,721 (84,815 ) 432,516 132 3,670 3,555,856 65,127 (110,432 ) 3,514,353 Income (loss) from operations (132 ) (3,670 ) 394,653 13,970 (7,572 ) 397,249 Other: Income from unconsolidated entities 40,588 553 41,141 Other income - net 9,403 40,594 15,416 779 66,192 Intercompany interest income 148,177 (148,177 ) — Interest expense (153,898 ) (1,072 ) 154,970 — Income from consolidated subsidiaries 495,311 19,476 (514,787 ) — Income (loss) before income taxes 504,582 (9,391 ) 495,311 28,867 (514,787 ) 504,582 Income tax provision (benefit) 164,550 (3,609 ) 190,349 11,094 (197,834 ) 164,550 Net income (loss) 340,032 (5,782 ) 304,962 17,773 (316,953 ) 340,032 Other comprehensive income (loss) (677 ) 202 24 (451 ) Total comprehensive income (loss) 339,355 (5,782 ) 305,164 17,797 (316,953 ) 339,581 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2013 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 2,711,438 70,107 (107,246 ) 2,674,299 Cost of revenues 2,149,554 10,043 (26,297 ) 2,133,300 Selling, general and administrative 188 2,963 364,256 48,413 (75,888 ) 339,932 188 2,963 2,513,810 58,456 (102,185 ) 2,473,232 Income (loss) from operations (188 ) (2,963 ) 197,628 11,651 (5,061 ) 201,067 Other: Income from unconsolidated entities 9,318 5,074 14,392 Other income - net 9,433 32,217 12,616 (2,028 ) 52,238 Intercompany interest income 127,057 (127,057 ) — Interest expense (133,500 ) (646 ) 134,146 — Income from consolidated subsidiaries 258,452 19,289 (277,741 ) — Income (loss) before income taxes 267,697 (9,406 ) 258,452 28,695 (277,741 ) 267,697 Income tax (benefit) provision 97,091 (3,691 ) 101,416 11,260 (108,985 ) 97,091 Net income (loss) 170,606 (5,715 ) 157,036 17,435 (168,756 ) 170,606 Other comprehensive loss 2,334 114 (16 ) 2,432 Total comprehensive income (loss) 172,940 (5,715 ) 157,150 17,419 (168,756 ) 173,038 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities 45,366 2,156 100,487 (78,246 ) (9,581 ) 60,182 Cash flow (used in) provided by investing activities: Purchase of property and equipment — net (10,181 ) 734 (9,447 ) Sale and redemption of marketable securities 2,000 2,000 Investment in unconsolidated entities (4,552 ) (119,388 ) (123,940 ) Return of investments in unconsolidated entities 23,213 16,553 39,766 Investment in distressed loans and foreclosed real estate (2,624 ) (2,624 ) Return of investments in distressed loans and foreclosed real estate 37,625 37,625 Net increase in cash from purchase of joint venture interest 3,848 3,848 Intercompany advances (29,620 ) (48,981 ) 78,601 — Net cash (used in) provided by investing activities (29,620 ) (48,981 ) 14,328 (67,100 ) 78,601 (52,772 ) Cash flow provided by (used in) financing activities: Proceeds from issuance of senior notes 350,000 350,000 Debt issuance costs for senior notes (3,175 ) (3,175 ) Proceeds from loans payable 400,000 1,554,432 1,954,432 Principal payments of loans payable (113,745 ) (1,545,713 ) (1,659,458 ) Redemption of senior notes (300,000 ) (300,000 ) Proceeds from stock-based benefit plans 39,514 39,514 Excess tax benefits from stock-based compensation 1,628 1,628 Purchase of treasury stock (56,888 ) (56,888 ) Receipts related to noncontrolling interest (785 ) (785 ) Intercompany advances (73,185 ) 142,205 (69,020 ) — Net cash provided by (used in) financing activities (15,746 ) 46,825 213,070 150,139 (69,020 ) 325,268 Net (decrease) increase in cash and cash equivalents — — 327,885 4,793 — 332,678 Cash and cash equivalents, beginning of year — — 455,714 130,601 — 586,315 Cash and cash equivalents, end of year — — 783,599 135,394 — 918,993 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities 137,023 15,644 279,724 (102,540 ) (16,651 ) 313,200 Cash flow provided by (used in) investing activities: Purchase of property and equipment — net (13,161 ) (1,913 ) (15,074 ) Sale and redemption of marketable securities 40,242 40,242 Investment in unconsolidated entities (16,683 ) (96,346 ) (113,029 ) Return of investments in unconsolidated entities 63,581 10,264 73,845 Investment in distressed loans and foreclosed real estate (2,089 ) (2,089 ) Return of investments in distressed loans and foreclosed real estate 53,130 53,130 Acquisition of a business (1,489,116 ) (1,489,116 ) Dividends received intercompany 15,000 (15,000 ) — Intercompany advances (302,591 ) (342,945 ) 645,536 — Net cash provided by (used in) investing activities (302,591 ) (342,945 ) (1,400,137 ) (36,954 ) 630,536 (1,452,091 ) Cash flow provided by (used in) financing activities: Net proceeds from issuance of senior notes 600,000 600,000 Debt issuance costs for senior notes (4,739 ) (4,739 ) Proceeds from loans payable 1,156,300 1,073,071 2,229,371 Debt issuance costs for loans payable (3,063 ) (3,063 ) Principal payments of loans payable (704,320 ) (1,062,795 ) (1,767,115 ) Redemption of senior notes (267,960 ) (267,960 ) Net proceeds from issuance of common stock 220,365 220,365 Proceeds from stock-based benefit plans 28,364 28,364 Excess tax benefits from stock-based compensation 7,593 7,593 Purchase of treasury stock (90,754 ) (90,754 ) Receipts related to noncontrolling interest 172 172 Dividends paid intercompany (15,000 ) 15,000 — Intercompany advances 457,108 171,777 (628,885 ) — Net cash provided by financing activities 165,568 327,301 906,025 167,225 (613,885 ) 952,234 Net (decrease) increase in cash and cash equivalents — — (214,388 ) 27,731 — (186,657 ) Cash and cash equivalents, beginning of year — — 670,102 102,870 — 772,972 Cash and cash equivalents, end of year — — 455,714 130,601 — 586,315 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2013 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash (used in) provided by operating activities 116,508 5,163 (518,598 ) (161,333 ) (10,703 ) (568,963 ) Cash flow provided by (used in) investing activities: Purchase of property and equipment — net (15,038 ) (11,529 ) (26,567 ) Purchase of marketable securities (25,938 ) (10,264 ) (36,202 ) Sale and redemption of marketable securities 357,583 60,263 417,846 Investment in unconsolidated entities (34,071 ) (59,327 ) (93,398 ) Return of investments in unconsolidated entities 43,405 26,404 69,809 Investment in distressed loans and foreclosed real estate (26,155 ) (26,155 ) Return of investments in distressed loans and foreclosed real estate 27,370 27,370 Intercompany advances (141,346 ) (241,693 ) 383,039 — Net cash provided by (used in) investing activities (141,346 ) (241,693 ) 325,941 6,762 383,039 332,703 Cash flow provided by (used in) financing activities: Net proceeds from issuance of senior notes 400,383 400,383 Proceeds from loans payable 1,164,531 1,164,531 Principal payments of loans payable (33,329 ) (1,162,195 ) (1,195,524 ) Redemption of senior notes (163,853 ) (163,853 ) Proceeds from stock-based benefit plans 15,798 15,798 Excess tax benefits from stock-based compensation 24,417 24,417 Purchase of treasury stock (15,377 ) (15,377 ) Receipts related to noncontrolling interest 33 33 Intercompany advances 184,064 188,272 (372,336 ) — Net cash provided by financing activities 24,838 236,530 150,735 190,641 (372,336 ) 230,408 Net decrease in cash and cash equivalents — — (41,922 ) 36,070 — (5,852 ) Cash and cash equivalents, beginning of year — — 712,024 66,800 — 778,824 Cash and cash equivalents, end of year — — 670,102 102,870 — 772,972

Summary Consolidated Quarterly

Summary Consolidated Quarterly Financial Data (Unaudited)	12 Months Ended
	Oct. 31, 2015
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]
Quarterly Financial Information [Text Block]	Summary Consolidated Quarterly Financial Data (Unaudited) The table below provides summary income statement data for each quarter of fiscal 2015 and 2014 (amounts in thousands, except per share data): Three Months Ended, October 31 July 31 April 30 January 31 Fiscal 2015: Revenue $ 1,437,202 $ 1,028,011 $ 852,583 $ 853,452 Gross profit (a) $ 320,870 $ 203,617 $ 174,071 $ 203,420 Income before income taxes $ 217,543 $ 107,464 $ 86,532 $ 124,023 Net income $ 147,163 $ 66,749 $ 67,930 $ 81,325 Income per share (b) Basic $ 0.83 $ 0.38 $ 0.38 $ 0.46 Diluted $ 0.80 $ 0.36 $ 0.37 $ 0.44 Weighted-average number of shares Basic 176,370 176,797 176,458 176,076 Diluted 184,736 185,133 184,838 184,107 Fiscal 2014: Revenue $ 1,350,690 $ 1,056,857 $ 860,374 $ 643,681 Gross profit (a) $ 288,115 $ 239,625 $ 172,376 $ 129,649 Income before income taxes $ 188,538 $ 151,325 $ 93,484 $ 71,235 Net income $ 131,524 $ 97,707 $ 65,222 $ 45,580 Income per share (b) Basic $ 0.74 $ 0.55 $ 0.37 $ 0.26 Diluted $ 0.71 $ 0.53 $ 0.35 $ 0.25 Weighted-average number of shares Basic 177,540 178,217 178,082 176,474 Diluted 185,669 186,501 186,442 184,888 (a) Gross profit in the third quarter and fourth quarter of fiscal 2015 included charges, net of reversals, of $4.9 million and $8.2 million , respectively, associated with stucco-related claims, construction claims, and litigation. Gross profit in the fourth quarter of 2014 included charges of $32.0 million associated with such items. See Note 7, “Accrued Expenses,” for additional information regarding certain of these charges. (b) Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.

Significant Accounting Polici27

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation Policy [Text Block]	Basis of Presentation The accompanying consolidated financial statements include the accounts of Toll Brothers, Inc. (the “Company,” “we,” “us,” or “our”), a Delaware corporation, and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. Investments in 50% or less owned partnerships and affiliates are accounted for using the equity method unless it is determined that we have effective control of the entity, in which case we would consolidate the entity. References herein to fiscal year refer to our fiscal years ended or ending October 31.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Liquid investments or investments with original maturities of three months or less are classified as cash equivalents.
Marketable Securities, Policy [Policy Text Block]	Marketable Securities Marketable securities are classified as available-for-sale and, accordingly, are stated at fair value, which is based on quoted market prices. Changes in unrealized gains and losses are excluded from earnings and are reported as other comprehensive income, net of income tax effects, if any. The cost of marketable securities sold is based on the specific identification method.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash Restricted cash primarily represents cash deposits collateralizing certain deductibles under insurance policies, outstanding letters of credit outside of our bank revolving credit facility, and cash deposited into a voluntary employee benefit association to fund certain future employee benefits.
Capitalization of Interest Costs Policy [Text Block]	We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to cost of revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred.
Inventory [Policy Text Block]	Inventory Inventory is stated at cost unless an impairment exists, in which case it is written down to fair value in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment” (“ASC 360”). In addition to direct land acquisition costs, land development costs, and home construction costs, costs also include interest, real estate taxes, and direct overhead related to development and construction, which are capitalized to inventory during the period beginning with the commencement of development and ending with the completion of construction. For those communities that have been temporarily closed, no additional capitalized interest is allocated to a community’s inventory until it reopens. While the community remains closed, carrying costs such as real estate taxes are expensed as incurred. We capitalize certain interest costs to qualified inventory during the development and construction period of our communities in accordance with ASC 835-20, “Capitalization of Interest” (“ASC 835-20”). Capitalized interest is charged to cost of revenues when the related inventory is delivered. Interest incurred on home building indebtedness in excess of qualified inventory, as defined in ASC 835-20, is charged to the Consolidated Statements of Operations and Comprehensive Income in the period incurred. Once a parcel of land has been approved for development and we open one of our typical communities, it may take four or more years to fully develop, sell, and deliver all the homes in such community. Longer or shorter time periods are possible depending on the number of home sites in a community and the sales and delivery pace of the homes in a community. Our master planned communities, consisting of several smaller communities, may take up to 10 years or more to complete. Because our inventory is considered a long-lived asset under GAAP, we are required, under ASC 360, to regularly review the carrying value of each community and write down the value of those communities for which we believe the values are not recoverable. Operating Communities : When the profitability of an operating community deteriorates, the sales pace declines significantly, or some other factor indicates a possible impairment in the recoverability of the asset, the asset is reviewed for impairment by comparing the estimated future undiscounted cash flow for the community to its carrying value. If the estimated future undiscounted cash flow is less than the community’s carrying value, the carrying value is written down to its estimated fair value. Estimated fair value is primarily determined by discounting the estimated future cash flow of each community. The impairment is charged to cost of revenues in the period in which the impairment is determined. In estimating the future undiscounted cash flow of a community, we use various estimates such as (i) the expected sales pace in a community, based upon general economic conditions that will have a short-term or long-term impact on the market in which the community is located and on competition within the market, including the number of home sites available and pricing and incentives being offered in other communities owned by us or by other builders; (ii) the expected sales prices and sales incentives to be offered in a community; (iii) costs expended to date and expected to be incurred in the future, including, but not limited to, land and land development, home construction, interest, and overhead costs; (iv) alternative product offerings that may be offered in a community that will have an impact on sales pace, sales price, building cost, or the number of homes that can be built on a particular site; and (v) alternative uses for the property such as the possibility of a sale of the entire community to another builder or the sale of individual home sites. Future Communities : We evaluate all land held for future communities or future sections of operating communities, whether owned or under contract, to determine whether or not we expect to proceed with the development of the land as originally contemplated. This evaluation encompasses the same types of estimates used for operating communities described above, as well as an evaluation of the regulatory environment applicable to the land and the estimated probability of obtaining the necessary approvals, the estimated time and cost it will take to obtain the approvals, and the possible concessions that will be required to be given in order to obtain them. Concessions may include cash payments to fund improvements to public places such as parks and streets, dedication of a portion of the property for use by the public or as open space, or a reduction in the density or size of the homes to be built. Based upon this review, we decide (i) as to land under contract to be purchased, whether the contract will likely be terminated or renegotiated, and (ii) as to land owned, whether the land will likely be developed as contemplated or in an alternative manner, or should be sold. We then further determine whether costs that have been capitalized to the community are recoverable or should be written off. The write-off is charged to cost of revenues in the period in which the need for the write-off is determined.
Estimated fair values Policy [Text Block]	The estimates used in the determination of the estimated cash flows and fair value of both current and future communities are based on factors known to us at the time such estimates are made and our expectations of future operations and economic conditions. Should the estimates or expectations used in determining estimated fair value deteriorate in the future, we may be required to recognize additional impairment charges and write-offs related to current and future communities.
Consolidation, Policy [Policy Text Block]	Variable Interest Entities We are required to consolidate variable interest entities (“VIEs”) in which we have a controlling financial interest in accordance with ASC 810, “Consolidation” (“ASC 810”). A controlling financial interest will have both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance, and (ii) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. Our variable interest in VIEs may be in the form of equity ownership, contracts to purchase assets, management services, and development agreements between us and a VIE, loans provided by us to a VIE or other member, and/or guarantees provided by members to banks and other parties. We have a significant number of land purchase contracts and several investments in unconsolidated entities which we evaluate in accordance with ASC 810. We analyze our land purchase contracts and the unconsolidated entities in which we have an investment to determine whether the land sellers and unconsolidated entities are VIEs and, if so, whether we are the primary beneficiary. We examine specific criteria and use our judgment when determining if we are the primary beneficiary of a VIE. Factors considered in determining whether we are the primary beneficiary include risk and reward sharing, experience and financial condition of other member(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE’s executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality between us and the other member(s), and contracts to purchase assets from VIEs. The determination whether an entity is a VIE and, if so, whether we are the primary beneficiary may require significant judgment.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Construction, and Office Equipment Property, construction, and office equipment are recorded at cost and are stated net of accumulated depreciation of $138.7 million and $171.1 million at October 31, 2015 and 2014 , respectively. Depreciation is recorded using the straight-line method over the estimated useful lives of the assets. In fiscal 2015 , 2014 , and 2013 , we recognized $15.7 million , $13.4 million , and $10.8 million of depreciation expense, respectively.
Mortgage Loans Held for Sale [Policy Text Block]	Mortgage Loans Held for Sale Residential mortgage loans held for sale are measured at fair value in accordance with the provisions of ASC 825, “Financial Instruments” (“ASC 825”). We believe the use of ASC 825 improves consistency of mortgage loan valuations between the date the borrower locks in the interest rate on the pending mortgage loan and the date of the mortgage loan sale. At the end of the reporting period, we determine the fair value of our mortgage loans held for sale and the forward loan commitments we have entered into as a hedge against the interest rate risk of our mortgage loans using the market approach to determine fair value. The evaluation is based on the current market pricing of mortgage loans with similar terms and values as of the reporting date, and such pricing is applied to the mortgage loan portfolio. We recognize the difference between the fair value and the unpaid principal balance of mortgage loans held for sale as a gain or loss. In addition, we recognize the fair value of our forward loan commitments as a gain or loss. Interest income on mortgage loans held for sale is calculated based upon the stated interest rate of each loan. In addition, the recognition of net origination costs and fees associated with residential mortgage loans originated are expensed as incurred. These gains and losses, interest income, and origination costs and fees are recognized in “Other income - net” in the accompanying Consolidated Statements of Operations and Comprehensive Income.
Investments in Unconsolidated Entities [Policy Text Block]	Investments in Unconsolidated Entities In accordance with ASC 323, “Investments—Equity Method and Joint Ventures,” we review each of our investments on a quarterly basis for indicators of impairment. A series of operating losses of an investee, the inability to recover our invested capital, or other factors may indicate that a loss in value of our investment in the unconsolidated entity has occurred. If a loss exists, we further review the investment to determine if the loss is other than temporary, in which case we write down the investment to its fair value. The evaluation of our investment in unconsolidated entities entails a detailed cash flow analysis using many estimates, including, but not limited to, expected sales pace, expected sales prices, expected incentives, costs incurred and anticipated, sufficiency of financing and capital, competition, market conditions, and anticipated cash receipts, in order to determine projected future distributions. In addition, for rental properties, we review rental trends, expected future expenses, and expected cash flows to determine estimated fair values of the properties. Each of the unconsolidated entities evaluates its inventory in a similar manner as we do. See “Inventory” above for more detailed disclosure on our evaluation of inventory. If a valuation adjustment is recorded by an unconsolidated entity related to its assets, our proportionate share is reflected in income from unconsolidated entities with a corresponding decrease to our investment in unconsolidated entities. We are a party to several joint ventures with unrelated parties to develop and sell land that is owned by the joint ventures. We recognize our proportionate share of the earnings from the sale of home sites to other builders, including our joint venture partners. We do not recognize earnings from the home sites we purchase from these ventures, at the time of purchase; instead, our cost basis in those home sites is reduced by our share of the earnings realized by the joint venture from sales of those home sites to us. We are also a party to several other joint ventures. We recognize our proportionate share of the earnings and losses of our unconsolidated entities.
Investment in Foreclosed Real Estate and Distressed Loans [Policy Text Block]	Investments in Foreclosed Real Estate and Distressed Loans Foreclosed Real Estate Owned (“REO”): REO assets, either directly owned or owned through a participation arrangement, acquired through subsequent foreclosure or deed in lieu actions on non-performing loans, are initially recorded at fair value based upon third-party appraisals, broker opinions of value, or internal valuation methodologies (which may include discounted cash flows, capitalization rate analysis, or comparable transactional analysis). Unobservable inputs used in estimating the fair value of REO assets are based upon the best information available under the circumstances and take into consideration the financial condition and operating results of the asset, local market conditions, the availability of capital, interest and inflation rates, and other factors deemed appropriate by management. REO assets acquired are reviewed to determine if they should be classified as “held and used” or “held for sale.” REO classified as “held and used” is stated at carrying cost unless an impairment exists, in which case it is written down to fair value in accordance with ASC 360. REO classified as “held for sale” is carried at the lower of carrying amount or fair value less cost to sell. An impairment charge is recognized for any decreases in estimated fair value subsequent to the acquisition date. For both classifications, carrying costs incurred after the acquisition, including property taxes and insurance, are expensed. For the years ended October 31, 2015 , 2014 , and 2013 , we recorded impairments on REO of $0.8 million , $1.4 million , and $0.5 million , respectively. Investments in Distressed Loans: Our investments in distressed loans represent nonperforming loans classified as nonaccrual in accordance with ASC 310-10, “Receivable” (“ASC 310-10”). Interest income is not recognized on nonaccrual loans. When a loan is classified as nonaccrual, any subsequent cash receipt is accounted for using the cost recovery method. As part of our disposition strategy for the loan portfolios, we may sell certain loans to third-party purchasers. We recognize gains or losses on the sale of mortgage loans when the loans have been legally isolated from us and we no longer maintain effective control over the transferred assets.
Fair Value Disclosures [Policy Text Block]	Fair Value Disclosures We use ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), to measure the fair value of certain assets and liabilities. ASC 820 provides a framework for measuring fair value in accordance with GAAP, establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value, and requires certain disclosures about fair value measurements. The fair value hierarchy is summarized below: Level 1: Fair value determined based on quoted prices in active markets for identical assets or liabilities. Level 2: Fair value determined using significant observable inputs, generally either quoted prices in active markets for similar assets or liabilities or quoted prices in markets that are not active. Level 3: Fair value determined using significant unobservable inputs, such as pricing models, discounted cash flows, or similar techniques.
Treasury Stock Policy [Text Block]	Treasury Stock Treasury stock is recorded at cost. Issuance of treasury stock is accounted for on a first-in, first-out basis. Differences between the cost of treasury stock and the re-issuance proceeds are charged to additional paid-in capital.
Revenue Recognition, Policy [Policy Text Block]	Revenue and Cost Recognition Revenues and cost of revenues from home sales are recorded at the time each home is delivered and title and possession are transferred to the buyer. For our standard attached and detached homes, land, land development, and related costs, both incurred and estimated to be incurred in the future, are amortized to the cost of homes closed based upon the total number of homes to be constructed in each community. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs subsequent to the commencement of delivery of homes are allocated to the remaining undelivered homes in the community. Home construction and related costs are charged to the cost of homes closed under the specific identification method. The estimated land, common area development, and related costs of master planned communities, including the cost of golf courses, net of their estimated residual value, are allocated to individual communities within a master planned community on a relative sales value basis. Any changes resulting from a change in the estimated number of homes to be constructed or in the estimated costs are allocated to the remaining home sites in each of the communities of the master planned community. For high-rise/mid-rise projects, land, land development, construction, and related costs, both incurred and estimated to be incurred in the future, are generally amortized to the cost of units closed based upon an estimated relative sales value of the units closed to the total estimated sales value. Any changes resulting from a change in the estimated total costs or revenues of the project are allocated to the remaining units to be delivered. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Other income – net” in our Consolidated Statements of Operations and Comprehensive Income in the period in which we determine that the customer will not complete the purchase of the home and we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we grant our home buyers sales incentives from time to time. These incentives will vary by type of incentive and by amount on a community-by-community and home-by-home basis. Incentives that impact the value of the home or the sales price paid, such as special or additional options, are generally reflected as a reduction in sales revenues. Incentives that we pay to an outside party, such as paying some or all of a home buyer’s closing costs, are recorded as an additional cost of revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs We expense advertising costs as incurred. Advertising costs were $18.2 million , $15.6 million , and $11.6 million for the years ended October 31, 2015 , 2014 , and 2013 , respectively.
Warranty Costs Policy [Text Block]	Warranty and Self-Insurance Warranty: We provide all of our home buyers with a limited warranty as to workmanship and mechanical equipment. We also provide many of our home buyers with a limited 10 -year warranty as to structural integrity. We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical experience. Adjustments to our warranty liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs.
Self-insurance [Text Block]	Self-Insurance: We maintain, and require the majority of our subcontractors to maintain, general liability insurance (including construction defect and bodily injury coverage) and workers’ compensation insurance. These insurance policies protect us against a portion of our risk of loss from claims related to our home building activities, subject to certain self-insured retentions, deductibles and other coverage limits (“self-insured liability”). We also provide general liability insurance for our subcontractors in Arizona, California, Nevada, and Washington, where eligible subcontractors are enrolled as insureds under our general liability insurance policies in each community in which they perform work. For those enrolled subcontractors, we absorb their general liability associated with the work performed on our homes within the applicable community as part of our overall general liability insurance and our self-insurance through our captive insurance subsidiary. We record expenses and liabilities based on the estimated costs required to cover our self-insured liability and the estimated costs of potential claims and claim adjustment expenses that are above our coverage limits or that are not covered by our insurance policies. These estimated costs are based on an analysis of our historical claims and industry data, and include an estimate of claims incurred but not yet reported (“IBNR”). We engage a third-party actuary that uses our historical claim and expense data, input from our internal legal and risk management groups, as well as industry data, to estimate our liabilities related to unpaid claims, IBNR associated with the risks that we are assuming for our self-insured liability, and other required costs to administer current and expected claims. These estimates are subject to uncertainty due to a variety of factors, the most significant being the long period of time between the delivery of a home to a home buyer and when a structural warranty or construction defect claim is made, and the ultimate resolution of the claim. Though state regulations vary, construction defect claims are reported and resolved over a prolonged period of time, which can extend for 10 years or longer. As a result, the majority of the estimated liability relates to IBNR. Adjustments to our liabilities related to homes delivered in prior years are recorded in the period in which a change in our estimate occurs. The projection of losses related to these liabilities requires actuarial assumptions that are subject to variability due to uncertainties regarding construction defect claims relative to our markets and the types of product we build, insurance industry practices, and legal or regulatory actions and/or interpretations, among other factors. Key assumptions used in these estimates include claim frequencies, severities, and settlement patterns, which can occur over an extended period of time. In addition, changes in the frequency and severity of reported claims and the estimates to settle claims can impact the trends and assumptions used in the actuarial analysis, which could be material to our consolidated financial statements. Due to the degree of judgment required, and the potential for variability in these underlying assumptions, our actual future costs could differ from those estimated, and the difference could be material to our consolidated financial statements.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation We account for our stock-based compensation in accordance with ASC 718, “Compensation – Stock Compensation” (“ASC 718”). We use a lattice model for the valuation for our stock option grants. The option pricing models used are designed to estimate the value of options that, unlike employee stock options and restricted stock units, can be traded at any time and are transferable. In addition to restrictions on trading, employee stock options and restricted stock units may include other restrictions such as vesting periods. Further, such models require the input of highly subjective assumptions, including the expected volatility of the stock price. Stock-based compensation expense is generally included in “Selling, general and administrative” expense in our Consolidated Statements of Operations and Comprehensive Income.
Income Tax, Policy [Policy Text Block]	Income Taxes We account for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). Deferred tax assets and liabilities are recorded based on temporary differences between the amounts reported for financial reporting purposes and the amounts reported for income tax purposes. In accordance with the provisions of ASC 740, we assess the realizability of our deferred tax assets. A valuation allowance must be established when, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. See “Income Taxes – Valuation Allowance” below. Federal and state income taxes are calculated on reported pre-tax earnings based on current tax law and also include, in the applicable period, the cumulative effect of any changes in tax rates from those used previously in determining deferred tax assets and liabilities. Such provisions differ from the amounts currently receivable or payable because certain items of income and expense are recognized for financial reporting purposes in different periods than for income tax purposes. Significant judgment is required in determining income tax provisions and evaluating tax positions. We establish reserves for income taxes when, despite the belief that our tax positions are fully supportable, we believe that our positions may be challenged and disallowed by various tax authorities. The consolidated tax provisions and related accruals include the impact of such reasonably estimable disallowances as deemed appropriate. To the extent that the probable tax outcome of these matters changes, such changes in estimates will impact the income tax provision in the period in which such determination is made. ASC 740 clarifies the accounting for uncertainty in income taxes recognized and prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 requires a company to recognize the financial statement effect of a tax position when it is “more-likely-than-not” (defined as a substantiated likelihood of more than 50% ), based on the technical merits of the position, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured to determine the amount of benefit to be recognized in the financial statements based upon the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Our inability to determine that a tax position meets the more-likely-than-not recognition threshold does not mean that the Internal Revenue Service (“IRS”) or any other taxing authority will disagree with the position that we have taken. If a tax position does not meet the more-likely-than-not recognition threshold, despite our belief that our filing position is supportable, the benefit of that tax position is not recognized in the Consolidated Statements of Operations and Comprehensive Income and we are required to accrue potential interest and penalties until the uncertainty is resolved. Potential interest and penalties are recognized as a component of the provision for income taxes. Differences between amounts taken in a tax return and amounts recognized in the financial statements are considered unrecognized tax benefits. We believe that we have a reasonable basis for each of our filing positions and intend to defend those positions if challenged by the IRS or other taxing jurisdiction. If the IRS or other taxing authorities do not disagree with our position, and after the statute of limitations expires, we will recognize the unrecognized tax benefit in the period that the uncertainty of the tax position is eliminated.
Income Taxes - Valuation Allowance [Policy Text Block]	Income Taxes — Valuation Allowance Significant judgment is applied in assessing the realizability of deferred tax assets. In accordance with GAAP, a valuation allowance is established against a deferred tax asset if, based on the available evidence, it is more-likely-than-not that such asset will not be realized. The realization of a deferred tax asset ultimately depends on the existence of sufficient taxable income in either the carryback or carryforward periods under tax law. We assess the need for valuation allowances for deferred tax assets based on GAAP’s more-likely-than-not realization threshold criteria. In our assessment, appropriate consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. Forming a conclusion that a valuation allowance is not needed is difficult when there is significant negative evidence such as cumulative losses in recent years. This assessment considers, among other matters, the nature, consistency, and magnitude of current and cumulative income and losses; forecasts of future profitability; the duration of statutory carryback or carryforward periods; our experience with operating loss and tax credit carryforwards being used before expiration; and tax planning alternatives. Our assessment of the need for a valuation allowance on our deferred tax assets includes assessing the likely future tax consequences of events that have been recognized in our consolidated financial statements or tax returns. Changes in existing tax laws or rates could affect our actual tax results, and our future business results may affect the amount of our deferred tax liabilities or the valuation of our deferred tax assets over time. Our accounting for deferred tax assets represents our best estimate of future events. Due to uncertainties in the estimation process, particularly with respect to changes in facts and circumstances in future reporting periods (carryforward period assumptions), actual results could differ from the estimates used in our analysis. Our assumptions require significant judgment because the residential home building industry is cyclical and is highly sensitive to changes in economic conditions. If our results of operations are less than projected and there is insufficient objectively verifiable positive evidence to support the more-likely-than-not realization of our deferred tax assets, a valuation allowance would be required to reduce or eliminate our deferred tax assets.
Geographic Segment Reporting Policy [Text Block]	Segment Reporting We operate in two segments: traditional home building and urban infill. We build and sell homes for detached and attached homes in luxury residential communities located in affluent suburban markets and cater to move-up, empty-nester, active-adult, age-qualified, and second-home buyers in the United States (“Traditional Home Building”). We also build and sell homes in urban infill markets through Toll Brothers City Living ® (“City Living”). We have determined that our Traditional Home Building operations operate in five geographic segments: North, Mid-Atlantic, South, West, and California. The states comprising each geographic segment are as follows: North: Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, and New York Mid-Atlantic: Delaware, Maryland, Pennsylvania, and Virginia South: Florida, North Carolina, and Texas West: Arizona, Colorado, Nevada, and Washington California: California Prior to October 31, 2015, California was included in the West geographic segment. Due to the increase in our assets and operations in California, it is now presented as a separate geographic segment. Amounts reported in prior years have been reclassified to conform to the fiscal 2015 presentation.
Related Party Transactions [Policy Text Block]	Related Party Transactions See Note 4, “Investments in Unconsolidated Entities - Rental Property Joint Ventures” for information regarding Toll Brothers Realty Trust (“Trust”).
Reclassification, Policy [Policy Text Block]	Reclassification Certain prior period amounts have been reclassified to conform to the fiscal 2015 presentation.
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements In April 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-03, “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the debt liability rather than as an asset. We adopted ASU 2015-03 on October 31, 2015 and we applied the new guidance retrospectively to all prior periods presented in the financial statements. As a result of the adoption of ASU 2015-03, $18.4 million of deferred debt issuance costs at October 31, 2014 were reclassified from “Receivables, prepaid expenses, and other assets” to “Loans payable” or “Senior notes,” as appropriate, in our Consolidated Balance Sheets. See Note 6, “Loans Payable, Senior Notes, and Mortgage Company Loan Facility” for additional information. In July 2013, the FASB issued ASU No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” (“ASU 2013-11”). ASU 2013-11 is intended to end inconsistent practices regarding the presentation of unrecognized tax benefits when a net operating loss, a similar tax loss, or a tax credit carryforward is available to reduce the taxable income or tax payable that would result from the disallowance of a tax position. We adopted ASU 2013-11 on November 1, 2014, and the adoption did not have a material effect on our consolidated financial statements or disclosures. In April 2013, the FASB issued ASU No. 2013-04, “Liabilities” (“ASU 2013-04”), which provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date. We adopted ASU 2013-04 on November 1, 2014, and the adoption did not have a material effect on our consolidated financial statements or disclosures. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis” (“ASU 2015-02”), which eliminates the deferral granted to investment companies from applying the variable interest entities (“VIEs”) guidance and makes targeted amendments to the current consolidation guidance. The new guidance applies to all entities involved with limited partnerships or similar entities and will require re-evaluation of these entities under the revised guidance which may change previous consolidation conclusions. ASU 2015-02 is effective for us beginning February 1, 2016, and, at that time, we may adopt the new standard retrospectively or use a modified retrospective approach. Early adoption is permitted. We are currently evaluating the impact the adoption of ASU 2015-02 will have on our consolidated financial statements and disclosures. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which provides guidance for revenue recognition. ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets and supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition,” and most industry-specific guidance. ASU 2014-09 also supersedes some cost guidance included in Subtopic 605-35, “Revenue Recognition-Construction-Type and Production-Type Contracts.” The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which a company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under the current guidance. These judgments and estimates include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price, and allocating the transaction price to each separate performance obligation. In August 2015, the FASB issued ASU 2015-14 “Revenue from Contracts with Customers” (“ASU 2015-14”), which delays the effective date of ASU 2014-09 by one year. ASU 2014-09, as amended by ASU 2015-14, is effective for us beginning November 1, 2018, and, at that time, we may adopt the new standard under the full retrospective approach or the modified retrospective approach. We are currently evaluating the method of adoption and the impact the adoption of ASU 2014-09 will have on our consolidated financial statements and disclosures. In January 2014, the FASB issued ASU No. 2014-04, “Receivables - Troubled Debt Restructurings by Creditors” (“ASU 2014-04”), which clarifies when in substance repossession or foreclosure of residential real estate property collateralizing a consumer mortgage loan has occurred. By doing so, this guidance helps determine when the creditor should derecognize the loan receivable and recognize the real estate property. ASU 2014-04 is effective prospectively for us beginning November 1, 2015. The adoption of ASU 2014-04 is not expected to have a material effect on our consolidated financial statements or disclosures.

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Oct. 31, 2015
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The following table summarizes the amounts for acquired assets and liabilities recorded at their fair values as of the acquisition date (amounts in thousands): Assets acquired and liabilities assumed Cash and cash equivalents $ 106,233 Inventory 1,513,801 Property, construction, and office equipment, net 404 Receivables, prepaid expenses, and other assets 10,759 Total assets acquired 1,631,197 Customer deposits (5,429 ) Accounts payable and accrued liabilities (30,419 ) Total liabilities assumed (35,848 ) Total net assets acquired $ 1,595,349
Business Acquisition, Pro Forma Information [Table Text Block]	The following presents unaudited pro forma data for the years ended October 31, 2014 and 2013, as if the Acquisition had been completed as of November 1, 2012 (amounts in thousands, except per share data): 2014 2013 Revenues $ 4,045,101 $ 3,102,076 Net income $ 381,855 $ 202,746 Income per share – basic $ 2.15 $ 1.15 Income per share – diluted $ 2.06 $ 1.09

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Oct. 31, 2015
Inventory Disclosure [Abstract]
Inventory	Inventory at October 31, 2015 and 2014 consisted of the following (amounts in thousands): 2015 2014 Land controlled for future communities $ 75,214 $ 122,533 Land owned for future communities 2,033,447 2,355,874 Operating communities 4,888,855 4,011,914 $ 6,997,516 $ 6,490,321
Temporarily Closed communities	Information regarding the classification, number, and carrying value of these temporarily closed communities at October 31, 2015 , 2014 , and 2013 , is provided in the table below ($ amounts in thousands): 2015 2014 2013 Land owned for future communities: Number of communities 15 16 25 Carrying value (in thousands) $ 119,138 $ 122,015 $ 153,498 Operating communities: Number of communities 11 9 15 Carrying value (in thousands) $ 63,668 $ 42,092 $ 88,534
Inventory impairment charges and expensing of costs that it is believed not to be recoverable	We provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable in each of the three fiscal years ended October 31, 2015 , 2014 , and 2013 , as shown in the table below (amounts in thousands): Charge: 2015 2014 2013 Land controlled for future communities $ 809 $ 3,123 $ 1,183 Land owned for future communities 12,600 Operating communities 22,300 17,555 3,340 $ 35,709 $ 20,678 $ 4,523
Interest incurred, capitalized and expensed	Interest incurred, capitalized, and expensed in each of the three fiscal years ended October 31, 2015 , 2014 , and 2013 , was as follows (amounts in thousands): 2015 2014 2013 Interest capitalized, beginning of year $ 356,180 $ 343,077 $ 330,581 Interest incurred 155,170 163,815 134,198 Interest expensed to cost of revenues (142,947 ) (137,457 ) (112,321 ) Write-off against other income (3,843 ) (5,394 ) (2,917 ) Interest capitalized on investments in unconsolidated entities (7,467 ) (9,672 ) (6,464 ) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 16,035 1,811 Interest capitalized, end of year $ 373,128 $ 356,180 $ 343,077

Investments in Unconsolidated30

Investments in Unconsolidated Entities (Tables)	12 Months Ended
	Oct. 31, 2015
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Summary of Joint Venture Information [Table Text Block]	The table below provides information as of October 31, 2015 , regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Structured Total Number of unconsolidated entities 7 3 10 1 21 Investment in unconsolidated entities $ 214,060 $ 76,120 $ 110,454 $ 12,226 $ 412,860 Number of unconsolidated entities with funding commitments by the Company 5 2 4 — 11 Company's remaining funding commitment to unconsolidated entities (a) $ 162,022 $ 23,012 $ 10,559 $ — $ 195,593
Summary of Joint Ventures Borrowing information [Table Text Block]	Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at October 31, 2015 , regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 2 9 15 Aggregate loan commitments $ 505,000 $ 222,000 $ 780,835 $ 1,507,835 Amounts borrowed under commitments $ 415,924 $ 111,136 $ 514,895 $ 1,041,955
Condensed balance sheet aggregated by type of business	Condensed Balance Sheets: October 31, 2015 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 29,281 $ 11,203 $ 44,310 $ 10,469 $ 95,263 Inventory 701,527 322,630 1,024,157 Non-performing loan portfolio 27,572 27,572 Rental properties 278,897 278,897 Rental properties under development 390,399 390,399 Real estate owned (“REO”) 117,758 117,758 Other assets (1) 70,799 61,144 12,199 80,475 224,617 Total assets $ 801,607 $ 394,977 $ 725,805 $ 236,274 $ 2,158,663 Debt (1) $ 417,025 $ 117,251 $ 514,895 $ 77,950 $ 1,127,121 Other liabilities 29,772 70,078 30,329 136 130,315 Members’ equity 354,810 207,648 180,581 63,288 806,327 Noncontrolling interest 94,900 94,900 Total liabilities and equity $ 801,607 $ 394,977 $ 725,805 $ 236,274 $ 2,158,663 Company’s net investment in unconsolidated entities (2) $ 214,060 $ 76,120 $ 110,454 $ 12,226 $ 412,860 October 31, 2014 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 31,968 $ 21,821 $ 33,040 $ 23,462 $ 110,291 Inventory 258,092 465,144 723,236 Non-performing loan portfolio 57,641 57,641 Rental properties 140,238 140,238 Rental properties under development 327,315 327,315 Real estate owned (“REO”) 184,753 184,753 Other assets (1) 30,166 75,164 14,333 77,986 197,649 Total assets $ 320,226 $ 562,129 $ 514,926 $ 343,842 $ 1,741,123 Debt (1) $ 102,042 $ 8,713 $ 333,128 $ 77,950 $ 521,833 Other liabilities 23,854 56,665 43,088 177 123,784 Members’ equity 194,330 496,751 138,710 106,298 936,089 Noncontrolling interest 159,417 159,417 Total liabilities and equity $ 320,226 $ 562,129 $ 514,926 $ 343,842 $ 1,741,123 Company’s net investment in unconsolidated entities (2) $ 140,221 $ 189,509 $ 97,353 $ 19,995 $ 447,078 (1) Included in other assets of the Structure Asset Joint Venture at October 31, 2015 and 2014 is $78.0 million of restricted cash held in a defeasance account that will be used to repay debt of the Structured Asset Joint Venture on July 25, 2017. (2) Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of the acquisition price of an investment in a land development joint venture in fiscal 2012 that was in excess of our pro rata share of the underlying equity, impairments related to our investment in unconsolidated entities, a loan made to one of the entities by us, interest capitalized on our investment, the estimated fair value of the guarantees provided to the joint ventures, and distributions from entities in excess of the carrying amount of our net investment.
Condensed statements of operations aggregate by type of business	Condensed Statements of Operations and Comprehensive Income: For the year ended October 31, 2015 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 128,889 $ 78,072 $ 35,732 $ 6,102 $ 248,795 Cost of revenues 58,435 69,142 15,539 16,739 159,855 Other expenses 1,999 6,135 24,174 1,312 33,620 Total expenses 60,434 75,277 39,713 18,051 193,475 Gain on disposition of loans and REO 42,939 42,939 Income (loss) from operations 68,455 2,795 (3,981 ) 30,990 98,259 Other income 615 1,072 4,376 2,224 8,287 Net income 69,070 3,867 395 33,214 106,546 Less: income attributable to noncontrolling interest (19,928 ) (19,928 ) Net income attributable to controlling interest 69,070 3,867 395 13,286 86,618 Other comprehensive income 52 52 Total comprehensive income $ 69,070 $ 3,867 $ 447 $ 13,286 $ 86,670 Company’s equity in earnings of unconsolidated entities (3) $ 12,005 $ 3,448 $ 3,027 $ 2,639 $ 21,119 For the year ended October 31, 2014 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 136,949 $ 54,923 $ 32,875 $ 8,023 $ 232,770 Cost of revenues 73,628 53,221 14,250 14,152 155,251 Other expenses 730 5,165 35,003 1,585 42,483 Total expenses 74,358 58,386 49,253 15,737 197,734 Gain on disposition of loans and REO 30,420 30,420 Income (loss) from operations 62,591 (3,463 ) (16,378 ) 22,706 65,456 Other income 66 105 45,933 3,121 49,225 Net income (loss) 62,657 (3,358 ) 29,555 25,827 114,681 Less: income attributable to noncontrolling interest (15,496 ) (15,496 ) Net income (loss) attributable to controlling interest 62,657 (3,358 ) 29,555 10,331 99,185 Other comprehensive income 728 728 Total comprehensive income (loss) $ 62,657 $ (3,358 ) $ 30,283 $ 10,331 $ 99,913 Company’s equity in earnings (losses) of unconsolidated entities (3) $ 1,190 $ (2,034 ) $ 40,081 $ 1,904 $ 41,141 For the year ended October 31, 2013 Land Develop- ment Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Revenues $ 43,937 $ 40,386 $ 38,727 $ 37,492 $ 160,542 Cost of revenues 20,142 36,208 16,704 30,496 103,550 Other expenses 1,146 2,554 20,875 3,399 27,974 Total expenses 21,288 38,762 37,579 33,895 131,524 Gain on disposition of loans and REO 68,323 68,323 Income from operations 22,649 1,624 1,148 71,920 97,341 Other income 11 571 86 329 997 Net income 22,660 2,195 1,234 72,249 98,338 Less: income attributable to noncontrolling interest (43,349 ) (43,349 ) Net income attributable to controlling interest 22,660 2,195 1,234 28,900 54,989 Other comprehensive income 922 922 Total comprehensive income $ 22,660 $ 2,195 $ 2,156 $ 28,900 $ 55,911 Company’s equity in earnings of unconsolidated entities (3) $ 3,288 $ 1,471 $ 3,965 $ 5,668 $ 14,392 (3) Differences between our equity in earnings (losses) of unconsolidated entities and the underlying net income (loss) of the entities is primarily a result a basis difference of an acquired joint venture interest, distributions from entities in excess of the carrying amount of our net investment, and our share of the entities’ profits related to home sites purchased by us which reduces the our cost basis of the home sites acquired.

Investments in Distressed Loa31

Investments in Distressed Loans and Foreclosed Real Estate (Tables)	12 Months Ended
	Oct. 31, 2015
Investments in Distressed Loans and Foreclosed Real Estate [Abstract]
Schedule of Investment in Distressed Loans and Real Estate Owned [Table Text Block]	Investments in REO and distressed loans consisted of the following at October 31, 2015 and 2014 (amounts in thousands): 2015 2014 Investment in REO $ 50,233 $ 69,799 Investment in distressed loans 1,497 4,001 $ 51,730 $ 73,800
Schedule of Changes in Real Estate Owned [Table Text Block]	The following table presents the activity in REO at October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Balance, beginning of period $ 69,799 $ 72,972 $ 58,353 Additions 2,833 22,220 23,470 Sales (21,293 ) (23,696 ) (7,842 ) Impairments (767 ) (1,358 ) (505 ) Depreciation (339 ) (339 ) (504 ) Balance, end of period $ 50,233 $ 69,799 $ 72,972
Activity in accretable yield for investment in non-performing loan portfolios	The accretable yield activity for investments in distressed loans accounted for under ASC 310-30 for the years ended October 31, 2014 and 2013, was as follows (amounts in thousands): 2014 2013 Balance, beginning of period $ 6,606 $ 17,196 Additions 554 1,654 Deletions (6,204 ) (7,728 ) Accretion (956 ) (4,516 ) Balance, end of period $ — $ 6,606

Loans Payable, Senior Notes, 32

Loans Payable, Senior Notes, and Mortgage Company Loan Facility (Tables)	12 Months Ended
	Oct. 31, 2015
Credit Facility, Loans Payable, Senior Notes, and Mortgage Company Loan Facility [Abstract]
Schedule of Debt [Table Text Block]	At October 31, 2015 and 2014 , loans payable consisted of the following (amounts in thousands): 2015 2014 Senior unsecured term loan $ 500,000 $ 500,000 Credit facility borrowings 350,000 Loans payable – other 151,702 154,261 Deferred issuance costs (1,263 ) (1,642 ) $ 1,000,439 $ 652,619
Schedule of Loans Payable [Table Text Block]	Information regarding our loans payable at October 31, 2015 and 2014 , is included in the table below ($ amounts in thousands): 2015 2014 Aggregate loans payable at October 31 $ 151,702 $ 154,261 Weighted-average interest rate 3.78 % 4.34 % Interest rate range 0.15% - 7.87% 0.15% - 7.87% Loans secured by assets Carrying value of loans secured by assets $ 151,702 $ 154,111 Carrying value of assets securing loans $ 378,864 $ 428,122 The contractual maturities of loans payable – other as of October 31, 2015 , ranged from less than one month to 31 years .
Schedule of Debt Instrument [Table Text Block]	At October 31, 2015 and 2014 , senior notes consisted of the following (amounts in thousands): 2015 2014 5.15% Senior Notes due May 15, 2015 $ 300,000 8.91% Senior Notes due October 15, 2017 $ 400,000 400,000 4.00% Senior Notes due December 31, 2018 350,000 350,000 6.75% Senior Notes due November 1, 2019 250,000 250,000 5.875% Senior Notes due February 15, 2022 419,876 419,876 4.375% Senior Notes due April 15, 2023 400,000 400,000 5.625% Senior Notes due January 15, 2024 250,000 250,000 4.875% Senior Notes due November 15, 2025 350,000 0.5% Exchangeable Senior Notes due September 15, 2032 287,500 287,500 Bond discount and deferred issuance costs (17,575 ) (19,135 ) $ 2,689,801 $ 2,638,241
Schedule of Maturities of Long-term Debt [Table Text Block]	As of October 31, 2015 , the annual aggregate maturities of our loans and notes during each of the next five fiscal years are as follows (amounts in thousands): Amount 2016 $ 166,497 2017 $ 419,480 2018 $ 364,541 2019 $ 860,535 2020 $ 253,290

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Oct. 31, 2015
Payables and Accruals [Abstract]
Accrued expenses	Accrued expenses at October 31, 2015 and 2014 , consisted of the following (amounts in thousands): 2015 2014 Land, land development and construction $ 118,634 $ 124,816 Compensation and employee benefits 125,045 118,607 Self-insurance 113,727 100,407 Warranty 93,083 86,282 Interest 26,926 33,993 Commitments to unconsolidated entities 5,534 3,293 Other 125,117 114,079 $ 608,066 $ 581,477
Changes in the warranty accrual	We accrue for expected warranty costs at the time each home is closed and title and possession are transferred to the home buyer. Warranty costs are accrued based upon historical experience. The table below provides a reconciliation of the changes in our warranty accrual during fiscal 2015 , 2014 , and 2013 as follows (amounts in thousands): 2015 2014 2013 Balance, beginning of year $ 86,282 $ 43,819 $ 41,706 Additions - homes closed during the year 20,934 18,588 14,652 Addition - liabilities acquired 11,044 Increase (decrease) in accruals for homes closed in prior years 2,661 2,913 (184 ) Reclassification from self-insurance accruals* 7,554 Charge related to stucco-related claims* 14,685 24,950 Charges incurred (31,479 ) (22,586 ) (12,355 ) Balance, end of year $ 93,083 $ 86,282 $ 43,819 * Estimated stucco-related claim costs as described above, have been included in warranty accruals.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Oct. 31, 2015
Income Tax Disclosure [Abstract]
Reconciliation of Company's effective tax rate from federal statutory rate	The following table provides a reconciliation of our effective tax rate from the federal statutory tax rate for the fiscal years ended October 31, 2015 , 2014 , and 2013 ($ amounts in thousands): 2015 2014 2013 $ %* $ %* $ %* Federal tax provision at statutory rate 187,447 35.0 176,604 35.0 93,694 35.0 State tax provision, net of federal benefit 21,947 4.1 23,778 4.7 11,363 4.2 Domestic production activities deduction (12,284 ) (2.3 ) (14,796 ) (2.9 ) — Other permanent differences (7,821 ) (1.5 ) (6,214 ) (1.2 ) (4,914 ) (1.8 ) Reversal of accrual for uncertain tax positions (15,331 ) (2.9 ) (11,022 ) (2.2 ) (5,580 ) (2.1 ) Accrued interest on anticipated tax assessments 2,588 0.5 1,847 0.4 3,704 1.4 Increase in unrecognized tax benefits 3,214 0.6 5,694 1.1 — Valuation allowance — recognized 3,681 0.7 1,328 0.3 3,232 1.2 Valuation allowance — reversed (16,323 ) (3.0 ) (13,256 ) (2.6 ) (4,569 ) (1.7 ) Other 5,277 1.0 587 0.1 161 0.1 Income tax provision* 172,395 32.2 164,550 32.6 97,091 36.3 * Due to rounding, amounts may not add.
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The following table provides information regarding the provision (benefit) for income taxes for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Federal $ 181,819 $ 163,089 $ 93,451 State (9,424 ) 1,461 3,640 $ 172,395 $ 164,550 $ 97,091 Current $ 122,953 $ 129,047 $ 23,209 Deferred 49,442 35,503 73,882 $ 172,395 $ 164,550 $ 97,091
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	The following table provides a reconciliation of the change in the unrecognized tax benefits for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Balance, beginning of year $ 58,318 $ 78,105 $ 80,991 Increase in benefit as a result of tax positions taken in prior years 16,802 10,314 5,699 Increase in benefit as a result of tax positions taken in current year 9,005 442 Decrease in benefit as a result of settlements (31,013 ) Decrease in benefit as a result of completion of audits (1,222 ) Decrease in benefit as a result of lapse of statute of limitations (1,223 ) (29,321 ) (8,585 ) Balance, end of year $ 51,889 $ 58,318 $ 78,105
Tax Benefits potential interest and penalties	The following table provides information as to the amounts recognized in our tax provision, before reduction for applicable taxes and reversal of previously accrued interest and penalties, of potential interest and penalties in the 12-month periods ended October 31, 2015 , 2014 , and 2013 , and the amounts accrued for potential interest and penalties at October 31, 2015 and 2014 (amounts in thousands): Expense recognized in the Consolidated Statements of Operations and Comprehensive Income Fiscal year 2015 $ 4,454 2014 $ 9,694 2013 $ 5,699 Accrued at: October 31, 2015 $ 17,012 October 31, 2014 $ 33,867
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The components of net deferred tax assets and liabilities at October 31, 2015 and 2014 are set forth below (amounts in thousands): 2015 2014 Deferred tax assets: Accrued expenses $ 72,426 $ 61,023 Impairment charges 130,709 231,098 Inventory valuation differences 67,610 26,789 Stock-based compensation expense 54,768 50,255 Amounts related to unrecognized tax benefits 25,267 19,297 State tax, net operating loss carryforward 53,103 47,330 Other 7,410 12,030 Total assets 411,293 447,822 Deferred tax liabilities: Capitalized interest 107,970 102,951 Deferred income 17,661 2,511 Expenses taken for tax purposes not for book 37,868 21,076 Depreciation 3,819 4,012 Deferred marketing 14,384 23,073 Total liabilities 181,702 153,623 Net deferred tax assets before valuation allowances 229,591 294,199 Cumulative valuation allowance - state (31,136 ) (43,778 ) Net deferred tax assets $ 198,455 $ 250,421

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Oct. 31, 2015
Stock Repurchase Program [Abstract]
Stock repurchase program	The following table provides information about the share repurchase programs for the fiscal years ended October 31, 2015 , 2014 , and 2013 : 2015 2014 2013 Number of shares purchased (in thousands) 1,665 2,947 498 Average price per share $ 34.17 $ 30.80 $ 30.90 Remaining authorization at October 31 (in thousands) 18,535 5,321 8,268

Stock-Based Benefit Plans (Tabl

Stock-Based Benefit Plans (Tables)	12 Months Ended
	Oct. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	The following table provides information regarding the amount of total stock-based compensation expense recognized by us for fiscal 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Total stock-based compensation expense recognized $ 22,903 $ 21,656 $ 19,041 Income tax benefit recognized $ 8,767 $ 8,322 $ 7,378
Weighted-average assumptions and the fair value used for stock option grants	The following table summarizes the weighted-average assumptions and fair value used for stock option grants in each of the fiscal years ended October 31, 2015 , 2014 , and 2013 : 2015 2014 2013 Expected volatility 32.69% - 42.58% 36.44% - 44.71% 44.04% - 48.13% Weighted-average volatility 36.36% 42.71% 46.70% Risk-free interest rate 1.53% - 2.11% 1.45% - 2.71% 0.64% - 1.56% Expected life (years) 4.54 - 9.12 4.55 - 9.02 4.48 - 8.88 Dividends none none none Weighted-average fair value per share of options granted $11.67 $14.26 $13.05
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following table summarizes stock option activity for our plans during each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands, except per share amounts): 2015 2014 2013 Number of options Weighted- average exercise price Number of options Weighted- average exercise price Number of options Weighted- average exercise price Balance, beginning 9,358 $ 25.94 9,924 $ 24.51 10,669 $ 23.23 Granted 870 32.49 819 35.16 768 32.22 Exercised (1,441 ) 27.52 (1,313 ) 20.88 (1,454 ) 19.21 Canceled (762 ) 32.48 (72 ) 25.23 (59 ) 25.09 Balance, ending 8,025 $ 25.75 9,358 $ 25.94 9,924 $ 24.51 Options exercisable, at October 31, 6,098 $ 23.67 7,482 $ 24.91 7,996 $ 24.49
Intrinsic Value of Options Outstanding and Exercisable [Table Text Block]	The following table provides information pertaining to the intrinsic value of options outstanding and exercisable at October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Intrinsic value of options outstanding $ 82,058 $ 62,073 $ 84,938 Intrinsic value of options exercisable $ 75,034 $ 55,776 $ 68,920
Intrinsic Value of Options Exercised and Fair Value of Options [Table Text Block]	Information pertaining to the intrinsic value of options exercised and the fair market value of options that became vested or modified in each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is provided below (amounts in thousands): 2015 2014 2013 Intrinsic value of options exercised $ 12,923 $ 18,361 $ 19,632 Fair market value of options vested $ 9,183 $ 8,447 $ 8,334
Information Regarding the Use of the Net Exercise Method [Text Block]	The following table provides information regarding the use of the net exercise method for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Options exercised 30,000 96,162 531,000 Shares withheld 29,917 58,819 405,838 Shares issued 83 37,343 125,162 Average fair market value per share withheld $ 32.64 $ 33.78 $ 32.22 Aggregate fair market value of shares withheld (in thousands) $ 976 $ 1,987 $ 13,076
Information Regarding the Use of the Stock Swap Method [Text Block]	The following table provides information regarding the use of the stock swap method for fiscal 2014 , and 2013 : 2014 2013 Options exercised 7,006 6,534 Shares tendered 4,273 4,034 Shares issued 2,733 2,500 Average market value per share tendered $ 33.01 $ 32.61 Aggregate market value of shares tendered (in thousands) $ 141 $ 132
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recognized	Information regarding the stock compensation expense, related to stock options, for fiscal 2015 , 2014 and 2013 was as follows (amounts in thousands): 2015 2014 2013 Stock compensation expense recognized - options $ 9,610 $ 9,005 $ 7,703
Employee Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The following table provides information regarding our employee stock purchase plan for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Shares issued 26,674 24,275 20,362 Average price per share $ 31.65 $ 30.59 $ 28.71 Compensation expense recognized (in thousands) $ 113 $ 98 $ 77
Vesting Based On Service [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The following table provides information regarding these RSUs for fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Nonperformance-Based RSUs issued: Number of RSUs issued 124,568 99,336 94,080 Weighted average closing price of our common stock on date of issuance $ 32.74 $ 35.16 $ 32.22 Aggregate fair value of RSUs issued (in thousands) $ 4,078 $ 3,493 $ 3,031 Nonperformance-Based RSU expense recognized (in thousands): $ 3,317 $ 3,012 $ 2,490 2015 2014 2013 At October 31: Aggregate Nonperformance-Based RSUs outstanding 380,548 304,286 225,252 Cumulative unamortized value of Nonperformance-Based RSUs (in thousands) $ 2,542 $ 2,043 $ 1,706
Vesting Based On Performance [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	The following table provides information regarding the issuance, valuation assumptions, and amortization of the Performance-Based RSUs issued in fiscal 2015 , 2014 , and 2013 : 2015 2014 2013 Number of shares underlying Performance-Based RSUs to be issued 300,042 288,814 302,511 Aggregate number of Performance-Based RSUs outstanding at October 31 1,261,545 961,503 672,687 Closing price of our common stock on Valuation Date $ 32.49 $ 35.16 $ 37.78 Aggregate fair value of Performance-Based RSUs issued (in thousands) $ 9,748 $ 10,155 $ 11,429 Performance-Based RSU expense recognized (in thousands) $ 9,863 $ 9,310 $ 6,946 Unamortized value of Performance-Based RSUs at October 31 (in thousands) $ 8,850 $ 8,965 $ 8,120

Income Per Share Information (T

Income Per Share Information (Tables)	12 Months Ended
	Oct. 31, 2015
Earnings Per Share [Abstract]
Calculation of income per share	Information pertaining to the calculation of income per share for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is as follows (amounts in thousands): 2015 2014 2013 Numerator: Net income as reported $ 363,167 $ 340,032 $ 170,606 Plus: Interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit 1,561 1,557 1,604 Numerator for diluted earnings per share $ 364,728 $ 341,589 $ 172,210 Denominator: Basic weighted-average shares 176,425 177,578 169,288 Common stock equivalents (a) 2,420 2,439 2,817 Shares attributable to 0.5% Exchangeable Senior Notes 5,858 5,858 5,858 Diluted weighted-average shares 184,703 185,875 177,963 Other information: Weighted-average number of antidilutive options and restricted stock units (b) 1,826 1,970 1,509 Shares issued under stock incentive and employee stock purchase plans 1,467 1,453 1,213 (a) Common stock equivalents represent the dilutive effect of outstanding in-the-money stock options using the treasury stock method and shares expected to be issued under Performance-Based Restricted Stock Units and Nonperformance-Based Restricted Stock Units. (b) Weighted-average number of antidilutive options and restricted stock units are based upon the average of the average quarterly closing prices of our common stock on the NYSE for the year.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
	Oct. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Summary of assets and (liabilities), measured at fair value on a recurring basis	A summary of assets and (liabilities) at October 31, 2015 and 2014 , related to our financial instruments, measured at fair value on a recurring basis, is set forth below (amounts in thousands): Fair value Financial Instrument Fair value hierarchy October 31, 2015 October 31, 2014 Marketable Securities Level 2 $ 10,001 $ 12,026 Residential Mortgage Loans Held for Sale Level 2 $ 123,175 $ 101,944 Forward Loan Commitments – Residential Mortgage Loans Held for Sale Level 2 $ 186 $ (341 ) Interest Rate Lock Commitments (“IRLCs”) Level 2 $ (297 ) $ (108 ) Forward Loan Commitments – IRLCs Level 2 $ 297 $ 108
Aggregate unpaid principal and fair value of mortgage loans held for sale	The table below provides, for the periods indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale as of the date indicated (amounts in thousands): At October 31, Aggregate unpaid principal balance Fair value Excess 2015 $ 121,904 $ 123,175 $ 1,271 2014 $ 100,463 $ 101,944 $ 1,481
Fair value of inventory adjusted for impairment	The table below provides, for the periods indicated, the fair value of operating communities whose carrying value was adjusted and the amount of impairment charges recognized ($ amounts in thousands): Impaired operating communities Three months ended: Number of Number of communities Fair value of Impairment charges recognized Fiscal 2015: January 31 58 4 $ 24,968 $ 900 April 30 52 1 $ 16,235 11,100 July 31 40 3 $ 13,527 6,000 October 31 44 3 $ 8,726 4,300 $ 22,300 Fiscal 2014: January 31 67 1 $ 7,131 $ 1,300 April 30 65 2 $ 6,211 1,600 July 31 63 1 $ 14,122 4,800 October 31 55 7 $ 38,473 9,855 $ 17,555 Fiscal 2013: January 31 60 2 $ 5,377 $ 700 April 30 79 1 $ 749 340 July 31 76 1 $ 191 100 October 31 63 2 $ 6,798 2,200 $ 3,340
Book value and estimated fair value of the Company's debt	The table below provides, as of the dates indicated, the book value and estimated fair value of our debt at October 31, 2015 and 2014 (amounts in thousands): 2015 2014 Fair value hierarchy Book value Estimated fair value Book value Estimated fair value Loans payable (a) Level 2 $ 1,001,702 $ 1,001,366 $ 654,261 $ 652,944 Senior notes (b) Level 1 2,707,376 2,877,039 2,657,376 2,821,559 Mortgage company loan facility (c) Level 2 100,000 100,000 90,281 90,281 $ 3,809,078 $ 3,978,405 $ 3,401,918 $ 3,564,784 (a) The estimated fair value of loans payable was based upon contractual cash flows discounted at interest rates that we believed were available to us for loans with similar terms and remaining maturities as of the applicable valuation date. (b) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (c) We believe that the carrying value of our mortgage company loan borrowings approximates their fair value.
Operating communities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Assets and Liabilities Measured on a Nonrecurring Basis, Valuation Techniques [Table Text Block]	The table below summarizes, for the periods indicated, the ranges of certain quantitative unobservable inputs utilized in determining the fair value of impaired communities: Selling price per unit ($ in thousands) Sales pace per year (in units) Discount rate Three months ended October 31, 2015 301 - 764 3 - 24 16.3% - 22.0% Three months ended July 31, 2015 788 - 1,298 4 - 8 15.5% -16.2% Three months ended April 30, 2015 527 - 600 13 - 25 17.0% Three months ended January 31, 2015 289 - 680 1 - 7 13.5% - 16.0% Three months ended October 31, 2014 337 - 902 7 - 23 12.5% - 16.5% Three months ended July 31, 2014 698 - 1,233 10 - 22 15.9% Three months ended April 30, 2014 634 - 760 4 - 7 12.0% - 15.3% Three months ended January 31, 2014 388 - 405 21 - 23 16.6%

Employee Retirement and Defer39

Employee Retirement and Deferred Compensation Plans (Tables)	12 Months Ended
	Oct. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs	Information related to our retirement plans for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 , is as follows (amounts in thousands): 2015 2014 2013 Plan costs: Service cost $ 579 $ 470 $ 471 Interest cost 1,232 1,277 1,044 Amortization of prior service cost 806 662 843 Amortization of unrecognized losses 81 8 144 $ 2,698 $ 2,417 $ 2,502 Projected benefit obligation: Beginning of year $ 34,606 $ 32,136 $ 34,319 Plan amendments adopted during year 768 511 826 Service cost 579 470 471 Interest cost 1,232 1,277 1,044 Benefit payments (988 ) (971 ) (888 ) Change in unrecognized loss (382 ) 1,183 (3,636 ) Projected benefit obligation, end of year $ 35,815 $ 34,606 $ 32,136 Unamortized prior service cost: Beginning of year $ 3,003 $ 3,154 $ 3,171 Plan amendments adopted during year 768 511 826 Amortization of prior service cost (806 ) (662 ) (843 ) Unamortized prior service cost, end of year $ 2,965 $ 3,003 $ 3,154 Accumulated unrecognized loss, October 31 $ 1,240 $ 1,703 $ 527 Accumulated benefit obligation, October 31 $ 35,815 $ 34,606 $ 32,136 Accrued benefit obligation, October 31 $ 35,815 $ 34,606 $ 32,136
Schedule of Expected Benefit Payments [Table Text Block]	The table below provides, based upon the estimated retirement dates of the participants in the retirement plans, the amounts of benefits we would be required to pay in each of the next five fiscal years and for the five fiscal years ended October 31, 2025 in the aggregate (in thousands): Year ending October 31, Amount 2016 $ 988 2017 $ 2,028 2018 $ 2,124 2019 $ 2,468 2020 $ 2,576 November 1, 2020 – October 31, 2025 $ 14,214

Accumulated Other Comprehensi40

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Oct. 31, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive (Loss) Income	The tables below provide, for the fiscal years ended October 31, 2015 and 2014 , the components of accumulated other comprehensive loss (amounts in thousands): 2015 Employee retirement plans Available-for-sale securities Derivative instruments Total Balance, beginning of period $ (2,789 ) $ (2 ) $ (47 ) $ (2,838 ) Other comprehensive (loss) income before reclassifications (387 ) 3 26 (358 ) Gross amounts reclassified from accumulated other comprehensive income 887 887 Income tax expense (189 ) (1 ) (10 ) (200 ) Other comprehensive income, net of tax 311 2 16 329 Balance, end of period $ (2,478 ) $ — $ (31 ) $ (2,509 ) 2014 Employee retirement plans Available-for-sale securities Derivative instruments Total Balance, beginning of period $ (2,112 ) $ (5 ) $ (270 ) $ (2,387 ) Other comprehensive (loss) income before reclassifications (1,694 ) 13 364 (1,317 ) Gross amounts reclassified from accumulated other comprehensive income (loss) 670 (6 ) 664 Income tax benefit (expense) 347 (4 ) (141 ) 202 Other comprehensive (loss) income, net of tax (677 ) 3 223 (451 ) Balance, end of period $ (2,789 ) $ (2 ) $ (47 ) $ (2,838 )

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Oct. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Company purchase commitments	Information regarding our land purchase commitments at October 31, 2015 and 2014 , is provided in the table below (amounts in thousands): 2015 2014 Aggregate purchase commitments: Unrelated parties $ 1,081,008 $ 1,043,654 Unconsolidated entities that the Company has investments in 136,340 184,260 Total $ 1,217,348 $ 1,227,914 Deposits against aggregate purchase commitments $ 79,072 $ 103,422 Additional cash required to acquire land 1,138,276 1,124,492 Total $ 1,217,348 $ 1,227,914 Amount of additional cash required to acquire land included in accrued expenses $ 4,809 $ 764
Company mortgage commitments	Information regarding our mortgage commitments at October 31, 2015 and 2014 , is provided in the table below (amounts in thousands): 2015 2014 Aggregate mortgage loan commitments: IRLCs $ 316,184 $ 191,604 Non-IRLCs 941,243 709,401 Total $ 1,257,427 $ 901,005 Investor commitments to purchase: IRLCs $ 316,184 $ 191,604 Mortgage loans receivable 115,859 93,261 Total $ 432,043 $ 284,865
Operating Leases of Lessee Disclosure [Table Text Block]	Rental expenses incurred by us under these operating leases were (amounts in thousands): Year ending October 31, Amount 2015 $ 12,584 2014 $ 12,385 2013 $ 10,973
Future minimum rent payments under these operating leases [Text Block]	At October 31, 2015 , future minimum rent payments under our operating leases were (amounts in thousands): Year ending October 31, Amount 2016 $ 11,048 2017 9,009 2018 7,072 2019 5,297 2020 1,166 Thereafter 349 $ 33,941

Other Income - Net (Tables)

Other Income - Net (Tables)	12 Months Ended
	Oct. 31, 2015
Other Income and Expenses [Abstract]
Other Income - net [Table Text Block]	The table below provides the components of other income - net for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Interest income $ 1,939 $ 2,493 $ 4,457 Income from ancillary businesses 23,530 10,653 9,912 Gibraltar 10,168 14,364 10,185 Management fee income from unconsolidated entities 11,299 7,306 2,890 Retained customer deposits 5,224 3,067 2,534 Income from land sales 13,150 25,489 4,435 Income recognized from settlement of litigation 13,229 Directly expensed interest (656 ) Other 2,263 3,476 4,596 Total other income – net $ 67,573 $ 66,192 $ 52,238
Revenues and Expenses of Non Core Ancillary Businesses [Table Text Block]	The table below provides revenues and expenses for these ancillary businesses for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Revenue $ 119,732 $ 100,284 $ 89,182 Expense $ 96,202 $ 89,631 $ 79,270
Schedule of revenues and expenses from land sales [Table Text Block]	The table below provides revenues and expenses recognized from land sales for the years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): 2015 2014 2013 Revenue $ 183,870 $ 242,931 $ 29,252 Deferred gain on land sale to joint venture (9,260 ) Expense (161,460 ) (217,442 ) (24,817 ) $ 13,150 $ 25,489 $ 4,435 Land sale revenues for the nine months ended July 31, 2015, include $78.5 million related to property sold to a Home Building Joint Venture in which we have a 25% interest. Due to our continued involvement in the joint venture through our ownership interest and guarantees provided on the joint venture’s debt, we deferred the $9.3 million gain realized on the sale. We will recognize the gain as units are sold to the ultimate home buyers. See Note 4, “Investments in Unconsolidated Entities,” for more information on this transaction.

Information on Operating Segm43

Information on Operating Segments (Tables)	12 Months Ended
	Oct. 31, 2015
Segment Reporting [Abstract]
Revenue and income (loss) before income taxes and total assets	The table below summarizes revenue and income (loss) before income taxes for each of our segments for each of the fiscal years ended October 31, 2015 , 2014 , and 2013 (amounts in thousands): Revenues Income (loss) before income taxes 2015 2014 2013 2015 2014 2013 Traditional Home Building: North $ 702,175 $ 662,734 $ 485,052 $ 59,172 $ 56,983 $ 32,648 Mid-Atlantic 845,328 817,306 652,855 69,093 78,971 79,801 South 892,303 836,498 641,331 152,991 113,584 67,934 West 665,282 517,925 369,697 106,365 78,802 42,731 California 750,036 795,802 354,673 139,133 157,561 68,570 Traditional Home Building 3,855,124 3,630,265 2,503,608 526,754 485,901 291,684 City Living 316,124 281,337 170,691 124,290 104,580 53,345 Corporate and other (115,482 ) (85,899 ) (77,332 ) Total $ 4,171,248 $ 3,911,602 $ 2,674,299 $ 535,562 $ 504,582 $ 267,697 Total assets for each of our reportable and geographic segments at October 31, 2015 and 2014 , are shown in the table below (amounts in thousands): 2015 2014 Traditional Home Building: North $ 1,061,777 $ 1,053,787 Mid-Atlantic 1,225,988 1,267,563 South 1,196,650 1,165,600 West 949,566 755,849 California 2,243,309 1,920,315 Traditional Home Building 6,677,290 6,163,114 City Living 873,013 834,949 Corporate and other 1,656,212 1,400,394 Total $ 9,206,515 $ 8,398,457
schedule of inventory, by segment [Table Text Block]	Inventory for each of our segments, as of the dates indicated, is shown in the table below (amounts in thousands): Land controlled for future communities Land owned for future communities Operating communities Total Balances at October 31, 2015 Traditional Home Building: North $ 12,858 $ 146,063 $ 865,553 $ 1,024,474 Mid-Atlantic 33,196 194,058 956,749 1,184,003 South 4,861 205,562 806,513 1,016,936 West 8,417 198,689 726,256 933,362 California 14,386 899,675 1,149,112 2,063,173 Traditional Home Building 73,718 1,644,047 4,504,183 6,221,948 City Living 1,496 389,400 384,672 775,568 $ 75,214 $ 2,033,447 $ 4,888,855 $ 6,997,516 Balances at October 31, 2014 Traditional Home Building: North $ 12,007 $ 171,780 $ 834,266 $ 1,018,053 Mid-Atlantic 29,169 209,506 994,859 1,233,534 South 10,971 219,904 793,835 1,024,710 West 18,780 201,710 519,415 739,905 California 3,342 1,189,318 658,405 1,851,065 Traditional Home Building 74,269 1,992,218 3,800,780 5,867,267 City Living 48,264 363,656 211,134 623,054 $ 122,533 $ 2,355,874 $ 4,011,914 $ 6,490,321
Schedule of inventory impairments, by segment [Table Text Block]	The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each our of geographic segments, for the years ended October 31, 2015 , 2014 , and 2013 , are shown in the table below (amounts in thousands): 2015 2014 2013 Traditional Home Building: North $ 15,033 $ 9,148 $ 1,762 Mid-Atlantic 19,488 9,069 522 South 720 2,285 2,400 West 420 169 365 California 7 (526 ) Traditional Home Building 35,661 20,678 4,523 City Living 48 $ 35,709 $ 20,678 $ 4,523
Schedule of investments in unconsolidated entities, be segment [Table Text Block]	The net carrying value of our investments in unconsolidated entities and our equity in earnings from such investments, for each of our reportable and geographic segments, as of the dates indicated, are shown in the table below (amounts in thousands): Investments in unconsolidated entities Equity in earning from unconsolidated entities At October 31, Year ended October 31, 2015 2014 2015 2014 2013 Traditional Home Building: Mid-Atlantic $ 12,167 $ 11,841 $ (8 ) South 97,041 98,362 $ 11,074 2,621 $ 184 West 1,841 447 (166 ) (183 ) California 128,338 57,732 5,089 302 3,584 Traditional Home Building 237,546 169,776 16,610 2,749 3,585 City Living 52,634 159,953 (1,158 ) (3,593 ) 1,174 Corporate and other 122,680 117,349 5,667 41,985 9,633 Total $ 412,860 $ 447,078 $ 21,119 $ 41,141 $ 14,392

Supplemental Disclosure to St44

Supplemental Disclosure to Statements of Cash Flows (Tables)	12 Months Ended
	Oct. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental disclosures to the consolidated statements of cash flows	The following are supplemental disclosures to the Consolidated Statements of Cash Flows for each of the fiscal years ended October 31, 2015 , 2014 and 2013 (amounts in thousands): 2015 2014 2013 Cash flow information: Interest paid, net of amount capitalized $ 23,930 $ 10,131 $ 18,187 Income tax payments $ 205,412 $ 71,608 $ 3,130 Income tax refunds $ 16,965 $ 8 $ 1,190 Noncash activity: Cost of inventory acquired through seller financing or municipal bonds, net $ 67,890 $ 96,497 $ 45,726 Financed portion of land sale $ 2,273 $ 6,586 $ 7,200 Reduction in inventory for Company's share of earnings in land purchased from unconsolidated entities $ 9,188 $ 4,177 $ 3,035 Transfer of investment in REO to inventory $ 764 Reclassification of deferred income from inventory to accrued liabilities $ 4,545 Reclassification of inventory to property, construction, and office equipment $ 9,482 $ 5,576 (Decrease) increase in unrecognized losses in defined benefit plans $ (382 ) $ 1,183 $ (3,636 ) Defined benefit plan amendment $ 768 $ 511 $ 826 Deferred tax decrease related to exercise of stock options included in APIC $ 2,325 $ 312 Increase in accrued expenses related to Stock Price-Based RSUs $ 5,086 $ 2,942 Income tax (expense) benefit recognized in total comprehensive income $ (200 ) $ 202 $ (1,512 ) Transfer of inventory to investment in unconsolidated entities $ 4,152 $ 54,761 Transfers of investment in unconsolidated entity to inventory $ 132,256 $ 2,704 Transfer of other assets to investment in unconsolidated entities $ 4,852 Unrealized gain on derivatives held by equity investees $ 26 $ 364 $ 435 Increase in investments in unconsolidated entities for change in the fair value of debt guarantees $ 1,843 $ 1,356 $ 1,582 Miscellaneous increases (decreases) to investments in unconsolidated entities $ 144 $ 249 $ (1,811 ) Business Acquisition: Fair value of assets purchased, excluding cash acquired $ 1,524,964 Liabilities assumed $ 35,848 Cash paid, net of cash acquired $ 1,489,116

Supplemental Guarantor Inform45

Supplemental Guarantor Information (Tables)	12 Months Ended
	Oct. 31, 2015
Supplemental Guarantor Information [Abstract]
Senior Notes issued by Subsidiary Issuer [Table Text Block]	Our 100% -owned subsidiary, Toll Brothers Finance Corp. (the “Subsidiary Issuer”), has issued the following Senior Notes (amounts in thousands): Original amount issued and amount outstanding at October 31, 2015 8.91% Senior Notes due 2017 $ 400,000 4.0% Senior Notes due 2018 $ 350,000 6.75% Senior Notes due 2019 $ 250,000 5.875% Senior Notes due 2022 $ 419,876 4.375% Senior Notes due 2023 $ 400,000 5.625% Senior Notes due 2024 $ 250,000 4.875% Senior Notes due 2025 $ 350,000 0.50% Exchangeable Senior Notes due 2032 $ 287,500
Supplemental Consolidated Financial Information	Supplemental consolidating financial information of Toll Brothers, Inc., the Subsidiary Issuer, the Guarantor Subsidiaries, the Nonguarantor Subsidiaries, and the eliminations to arrive at Toll Brothers, Inc. on a consolidated basis is presented below ($ amounts in thousands). Consolidating Balance Sheet at October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 783,599 135,394 — 918,993 Marketable securities 10,001 10,001 Restricted cash 15,227 499 1,069 16,795 Inventory 6,530,698 466,818 6,997,516 Property, construction, and office equipment, net 121,178 15,577 136,755 Receivables, prepaid expenses, and other assets 52 149,268 178,680 (43,870 ) 284,130 Mortgage loans held for sale 123,175 123,175 Customer deposits held in escrow 51,767 4,338 56,105 Investments in unconsolidated entities 115,999 296,861 412,860 Investments in foreclosed real estate and distressed loans 51,730 51,730 Investments in and advances to consolidated entities 4,067,722 2,726,428 4,740 (6,798,890 ) — Deferred tax assets, net of valuation allowances 198,455 198,455 4,281,456 2,726,428 7,757,748 1,283,643 (6,842,760 ) 9,206,515 LIABILITIES AND EQUITY Liabilities Loans payable 1,000,439 1,000,439 Senior notes 2,669,860 19,941 2,689,801 Mortgage company loan facility 100,000 100,000 Customer deposits 271,124 13,185 284,309 Accounts payable 236,436 517 236,953 Accrued expenses 25,699 361,089 266,411 (45,133 ) 608,066 Advances from consolidated entities 1,932,075 850,374 (2,782,449 ) — Income taxes payable 58,868 58,868 Total liabilities 58,868 2,695,559 3,801,163 1,230,487 (2,807,641 ) 4,978,436 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 728,125 49,400 1,734 (51,134 ) 728,125 Retained earnings 3,595,202 (18,531 ) 3,956,568 42,894 (3,980,931 ) 3,595,202 Treasury stock, at cost (100,040 ) (100,040 ) Accumulated other comprehensive loss (2,478 ) (31 ) (2,509 ) Total stockholders’ equity 4,222,588 30,869 3,956,585 47,634 (4,035,119 ) 4,222,557 Noncontrolling interest 5,522 5,522 Total equity 4,222,588 30,869 3,956,585 53,156 (4,035,119 ) 4,228,079 4,281,456 2,726,428 7,757,748 1,283,643 (6,842,760 ) 9,206,515 Consolidating Balance Sheet at October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 455,714 130,601 — 586,315 Marketable securities 1,997 10,029 12,026 Restricted cash 15,211 2,070 1,061 18,342 Inventory 6,260,303 230,018 6,490,321 Property, construction, and office equipment, net 126,586 16,424 143,010 Receivables, prepaid expenses, and other assets 113,221 137,496 (17,590 ) 233,127 Mortgage loans held for sale 101,944 101,944 Customer deposits held in escrow 39,912 2,161 42,073 Investments in unconsolidated entities 132,096 314,982 447,078 Investments in foreclosed real estate and distressed loans 73,800 73,800 Investments in and advances to consolidated entities 3,714,788 2,677,448 4,740 (6,396,976 ) — Deferred tax assets, net of valuation allowances 250,421 250,421 3,980,420 2,677,448 7,136,639 1,018,516 (6,414,566 ) 8,398,457 LIABILITIES AND EQUITY Liabilities Loans payable 651,627 992 652,619 Senior notes 2,608,910 29,331 2,638,241 Mortgage company loan facility 90,281 90,281 Customer deposits 221,084 2,715 223,799 Accounts payable 225,106 241 225,347 Accrued expenses 31,906 386,223 181,649 (18,301 ) 581,477 Advances from consolidated entities 2,018,981 708,167 (2,727,148 ) — Income taxes payable 125,996 125,996 Total liabilities 125,996 2,640,816 3,503,021 984,045 (2,716,118 ) 4,537,760 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 712,162 49,400 1,734 (51,134 ) 712,162 Retained earnings 3,232,035 (12,768 ) 3,633,618 23,410 (3,644,260 ) 3,232,035 Treasury stock, at cost (88,762 ) (88,762 ) Accumulated other comprehensive loss (2,790 ) (48 ) (2,838 ) Total stockholders’ equity 3,854,424 36,632 3,633,618 28,150 (3,698,448 ) 3,854,376 Noncontrolling interest 6,321 6,321 Total equity 3,854,424 36,632 3,633,618 34,471 (3,698,448 ) 3,860,697 3,980,420 2,677,448 7,136,639 1,018,516 (6,414,566 ) 8,398,457 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 4,213,776 77,226 (119,754 ) 4,171,248 Cost of revenues 3,276,078 12,909 (19,717 ) 3,269,270 Selling, general and administrative 113 3,560 481,943 60,377 (90,885 ) 455,108 113 3,560 3,758,021 73,286 (110,602 ) 3,724,378 Income (loss) from operations (113 ) (3,560 ) 455,755 3,940 (9,152 ) 446,870 Other: Income from unconsolidated entities 14,034 7,085 21,119 Other income - net 9,429 34,098 21,724 2,322 67,573 Intercompany interest income 137,362 (137,362 ) — Interest expense (143,193 ) (999 ) 144,192 — Income from consolidated subsidiaries 526,246 22,359 (548,605 ) — Income (loss) before income taxes 535,562 (9,391 ) 526,246 31,750 (548,605 ) 535,562 Income tax provision (benefit) 172,395 (3,628 ) 203,296 12,265 (211,933 ) 172,395 Net income (loss) 363,167 (5,763 ) 322,950 19,485 (336,672 ) 363,167 Other comprehensive (loss) income 311 18 329 Total comprehensive income (loss) 363,478 (5,763 ) 322,968 19,485 (336,672 ) 363,496 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 3,950,509 79,097 (118,004 ) 3,911,602 Cost of revenues 3,098,048 9,406 (25,617 ) 3,081,837 Selling, general and administrative 132 3,670 457,808 55,721 (84,815 ) 432,516 132 3,670 3,555,856 65,127 (110,432 ) 3,514,353 Income (loss) from operations (132 ) (3,670 ) 394,653 13,970 (7,572 ) 397,249 Other: Income from unconsolidated entities 40,588 553 41,141 Other income - net 9,403 40,594 15,416 779 66,192 Intercompany interest income 148,177 (148,177 ) — Interest expense (153,898 ) (1,072 ) 154,970 — Income from consolidated subsidiaries 495,311 19,476 (514,787 ) — Income (loss) before income taxes 504,582 (9,391 ) 495,311 28,867 (514,787 ) 504,582 Income tax provision (benefit) 164,550 (3,609 ) 190,349 11,094 (197,834 ) 164,550 Net income (loss) 340,032 (5,782 ) 304,962 17,773 (316,953 ) 340,032 Other comprehensive income (loss) (677 ) 202 24 (451 ) Total comprehensive income (loss) 339,355 (5,782 ) 305,164 17,797 (316,953 ) 339,581 Consolidating Statement of Operations and Comprehensive Income (Loss) for the fiscal year ended October 31, 2013 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Revenues 2,711,438 70,107 (107,246 ) 2,674,299 Cost of revenues 2,149,554 10,043 (26,297 ) 2,133,300 Selling, general and administrative 188 2,963 364,256 48,413 (75,888 ) 339,932 188 2,963 2,513,810 58,456 (102,185 ) 2,473,232 Income (loss) from operations (188 ) (2,963 ) 197,628 11,651 (5,061 ) 201,067 Other: Income from unconsolidated entities 9,318 5,074 14,392 Other income - net 9,433 32,217 12,616 (2,028 ) 52,238 Intercompany interest income 127,057 (127,057 ) — Interest expense (133,500 ) (646 ) 134,146 — Income from consolidated subsidiaries 258,452 19,289 (277,741 ) — Income (loss) before income taxes 267,697 (9,406 ) 258,452 28,695 (277,741 ) 267,697 Income tax (benefit) provision 97,091 (3,691 ) 101,416 11,260 (108,985 ) 97,091 Net income (loss) 170,606 (5,715 ) 157,036 17,435 (168,756 ) 170,606 Other comprehensive loss 2,334 114 (16 ) 2,432 Total comprehensive income (loss) 172,940 (5,715 ) 157,150 17,419 (168,756 ) 173,038 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2015 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities 45,366 2,156 100,487 (78,246 ) (9,581 ) 60,182 Cash flow (used in) provided by investing activities: Purchase of property and equipment — net (10,181 ) 734 (9,447 ) Sale and redemption of marketable securities 2,000 2,000 Investment in unconsolidated entities (4,552 ) (119,388 ) (123,940 ) Return of investments in unconsolidated entities 23,213 16,553 39,766 Investment in distressed loans and foreclosed real estate (2,624 ) (2,624 ) Return of investments in distressed loans and foreclosed real estate 37,625 37,625 Net increase in cash from purchase of joint venture interest 3,848 3,848 Intercompany advances (29,620 ) (48,981 ) 78,601 — Net cash (used in) provided by investing activities (29,620 ) (48,981 ) 14,328 (67,100 ) 78,601 (52,772 ) Cash flow provided by (used in) financing activities: Proceeds from issuance of senior notes 350,000 350,000 Debt issuance costs for senior notes (3,175 ) (3,175 ) Proceeds from loans payable 400,000 1,554,432 1,954,432 Principal payments of loans payable (113,745 ) (1,545,713 ) (1,659,458 ) Redemption of senior notes (300,000 ) (300,000 ) Proceeds from stock-based benefit plans 39,514 39,514 Excess tax benefits from stock-based compensation 1,628 1,628 Purchase of treasury stock (56,888 ) (56,888 ) Receipts related to noncontrolling interest (785 ) (785 ) Intercompany advances (73,185 ) 142,205 (69,020 ) — Net cash provided by (used in) financing activities (15,746 ) 46,825 213,070 150,139 (69,020 ) 325,268 Net (decrease) increase in cash and cash equivalents — — 327,885 4,793 — 332,678 Cash and cash equivalents, beginning of year — — 455,714 130,601 — 586,315 Cash and cash equivalents, end of year — — 783,599 135,394 — 918,993 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2014 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities 137,023 15,644 279,724 (102,540 ) (16,651 ) 313,200 Cash flow provided by (used in) investing activities: Purchase of property and equipment — net (13,161 ) (1,913 ) (15,074 ) Sale and redemption of marketable securities 40,242 40,242 Investment in unconsolidated entities (16,683 ) (96,346 ) (113,029 ) Return of investments in unconsolidated entities 63,581 10,264 73,845 Investment in distressed loans and foreclosed real estate (2,089 ) (2,089 ) Return of investments in distressed loans and foreclosed real estate 53,130 53,130 Acquisition of a business (1,489,116 ) (1,489,116 ) Dividends received intercompany 15,000 (15,000 ) — Intercompany advances (302,591 ) (342,945 ) 645,536 — Net cash provided by (used in) investing activities (302,591 ) (342,945 ) (1,400,137 ) (36,954 ) 630,536 (1,452,091 ) Cash flow provided by (used in) financing activities: Net proceeds from issuance of senior notes 600,000 600,000 Debt issuance costs for senior notes (4,739 ) (4,739 ) Proceeds from loans payable 1,156,300 1,073,071 2,229,371 Debt issuance costs for loans payable (3,063 ) (3,063 ) Principal payments of loans payable (704,320 ) (1,062,795 ) (1,767,115 ) Redemption of senior notes (267,960 ) (267,960 ) Net proceeds from issuance of common stock 220,365 220,365 Proceeds from stock-based benefit plans 28,364 28,364 Excess tax benefits from stock-based compensation 7,593 7,593 Purchase of treasury stock (90,754 ) (90,754 ) Receipts related to noncontrolling interest 172 172 Dividends paid intercompany (15,000 ) 15,000 — Intercompany advances 457,108 171,777 (628,885 ) — Net cash provided by financing activities 165,568 327,301 906,025 167,225 (613,885 ) 952,234 Net (decrease) increase in cash and cash equivalents — — (214,388 ) 27,731 — (186,657 ) Cash and cash equivalents, beginning of year — — 670,102 102,870 — 772,972 Cash and cash equivalents, end of year — — 455,714 130,601 — 586,315 Consolidating Statement of Cash Flows for the fiscal year ended October 31, 2013 Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated Net cash (used in) provided by operating activities 116,508 5,163 (518,598 ) (161,333 ) (10,703 ) (568,963 ) Cash flow provided by (used in) investing activities: Purchase of property and equipment — net (15,038 ) (11,529 ) (26,567 ) Purchase of marketable securities (25,938 ) (10,264 ) (36,202 ) Sale and redemption of marketable securities 357,583 60,263 417,846 Investment in unconsolidated entities (34,071 ) (59,327 ) (93,398 ) Return of investments in unconsolidated entities 43,405 26,404 69,809 Investment in distressed loans and foreclosed real estate (26,155 ) (26,155 ) Return of investments in distressed loans and foreclosed real estate 27,370 27,370 Intercompany advances (141,346 ) (241,693 ) 383,039 — Net cash provided by (used in) investing activities (141,346 ) (241,693 ) 325,941 6,762 383,039 332,703 Cash flow provided by (used in) financing activities: Net proceeds from issuance of senior notes 400,383 400,383 Proceeds from loans payable 1,164,531 1,164,531 Principal payments of loans payable (33,329 ) (1,162,195 ) (1,195,524 ) Redemption of senior notes (163,853 ) (163,853 ) Proceeds from stock-based benefit plans 15,798 15,798 Excess tax benefits from stock-based compensation 24,417 24,417 Purchase of treasury stock (15,377 ) (15,377 ) Receipts related to noncontrolling interest 33 33 Intercompany advances 184,064 188,272 (372,336 ) — Net cash provided by financing activities 24,838 236,530 150,735 190,641 (372,336 ) 230,408 Net decrease in cash and cash equivalents — — (41,922 ) 36,070 — (5,852 ) Cash and cash equivalents, beginning of year — — 712,024 66,800 — 778,824 Cash and cash equivalents, end of year — — 670,102 102,870 — 772,972

Summary Consolidated Quarterl46

Summary Consolidated Quarterly Financial Data (Unaudited) Summary Consolidated Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2015
Summary Consolidated Quarterly Financial Data (Unaudited) [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	The table below provides summary income statement data for each quarter of fiscal 2015 and 2014 (amounts in thousands, except per share data): Three Months Ended, October 31 July 31 April 30 January 31 Fiscal 2015: Revenue $ 1,437,202 $ 1,028,011 $ 852,583 $ 853,452 Gross profit (a) $ 320,870 $ 203,617 $ 174,071 $ 203,420 Income before income taxes $ 217,543 $ 107,464 $ 86,532 $ 124,023 Net income $ 147,163 $ 66,749 $ 67,930 $ 81,325 Income per share (b) Basic $ 0.83 $ 0.38 $ 0.38 $ 0.46 Diluted $ 0.80 $ 0.36 $ 0.37 $ 0.44 Weighted-average number of shares Basic 176,370 176,797 176,458 176,076 Diluted 184,736 185,133 184,838 184,107 Fiscal 2014: Revenue $ 1,350,690 $ 1,056,857 $ 860,374 $ 643,681 Gross profit (a) $ 288,115 $ 239,625 $ 172,376 $ 129,649 Income before income taxes $ 188,538 $ 151,325 $ 93,484 $ 71,235 Net income $ 131,524 $ 97,707 $ 65,222 $ 45,580 Income per share (b) Basic $ 0.74 $ 0.55 $ 0.37 $ 0.26 Diluted $ 0.71 $ 0.53 $ 0.35 $ 0.25 Weighted-average number of shares Basic 177,540 178,217 178,082 176,474 Diluted 185,669 186,501 186,442 184,888 (a) Gross profit in the third quarter and fourth quarter of fiscal 2015 included charges, net of reversals, of $4.9 million and $8.2 million , respectively, associated with stucco-related claims, construction claims, and litigation. Gross profit in the fourth quarter of 2014 included charges of $32.0 million associated with such items. See Note 7, “Accrued Expenses,” for additional information regarding certain of these charges. (b) Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.

Significant Accounting Polici47

Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Additional Significant Accounting Policies (Textual) [Abstract]
Number of years to complete a community	4 years
Number of years to complete a master planned community	10 years
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 138,700	$ 171,100
Depreciation	15,700	13,400	$ 10,800
Advertising Expense	$ 18,200	15,600	11,600
warranty period, structural integrity	10 years
Construction defect claims, reported and resolved, period of time	10 years
More Likely Than Not Definition Threshold	50.00%
Gibraltar [Member]
Additional Significant Accounting Policies (Textual) [Abstract]
Impairment of Real Estate	$ 767	1,358	$ 505
New Accounting Pronouncement, Early Adoption, Effect [Member]
Additional Significant Accounting Policies (Textual) [Abstract]
Deferred Finance Costs, Net		$ 18,400

Acquisition (Detail Textuals)

Acquisition (Detail Textuals) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2014USD ($)	Apr. 30, 2014USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2015USD ($)luxury_homes	Oct. 31, 2014USD ($)communitieshome_sites	Oct. 31, 2013USD ($)	Feb. 04, 2014USD ($)home_sites	Aug. 01, 2013USD ($)
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired						$ 1,489,116
Number of Homes to be Delivered | luxury_homes					4,064
Sales Value of Outstanding Deliver Homes					$ 3,500,000
Line of Credit Facility, Maximum Borrowing Capacity					$ 1,507,835
Shapell [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition					Feb. 4, 2014
Business Acquisition, Name of Acquired Entity					Shapell Industries, Inc.
Business Acquisition, Date of Acquisition Agreement					Nov. 6, 2013
Number of home sites included in acquisition | home_sites						4,950
Business acquisition, number of selling communities | communities						11
Number of Homes to be Delivered | home_sites								126
Sales Value of Outstanding Deliver Homes								$ 105,300
Proceeds from Issuance of Debt and Equity	$ 815,700
Business Combination, Acquisition Related Costs			$ 5,300			$ 6,100	$ 1,400
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual			300,800
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual			$ 37,200
Revolving Credit Facility [Member]
Business Acquisition [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity									$ 1,035,000
Revolving Credit Facility [Member] | Shapell [Member]
Business Acquisition [Line Items]
Long-term Line of Credit				$ 370,000
Five year term note [Member]
Business Acquisition [Line Items]
Long-term Debt	$ 15,000	$ 485,000

Acquisition (Schedule of Assets

Acquisition (Schedule of Assets Acquired and Liabilities Assumed) (Details) - Shapell [Member] $ in Thousands	Feb. 04, 2014USD ($)
Assets acquired and liabilities assumed
Cash and cash equivalents	$ 106,233
Inventory	1,513,801
Property, construction, and office equipment, net	404
Receivables, prepaid expenses, and other assets	10,759
Total assets acquired	1,631,197
Customer deposits	(5,429)
Accounts payable and accrued liabilities	(30,419)
Total liabilities assumed	(35,848)
Total net assets acquired	$ 1,595,349

Acquistion (Pro Forma Informati

Acquistion (Pro Forma Information) (Details) - Shapell [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Business Acquisition [Line Items]
Pro Forma Revenues	$ 4,045,101	$ 3,102,076
Pro Forma Net Income	$ 381,855	$ 202,746
Pro forma Income per share - basic	$ 2.15	$ 1.15
Pro forma Income per share - diluted	$ 2.06	$ 1.09

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Total Inventory
Inventory	$ 6,997,516	$ 6,490,321
Land controlled for future communities [Member]
Total Inventory
Inventory	75,214	122,533
Land Owned for Future Communities [Member]
Total Inventory
Inventory	2,033,447	2,355,874
Operating communities [Member]
Total Inventory
Inventory	$ 4,888,855	$ 4,011,914

Inventory (Details 1)

Inventory (Details 1) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)communities	Oct. 31, 2014USD ($)communities	Oct. 31, 2013USD ($)communities
Temporarily Closed communities
Inventory Write-down	$ 35,709	$ 20,678	$ 4,523
Land controlled for future communities [Member]
Temporarily Closed communities
Inventory Write-down	$ 809	$ 3,123	$ 1,183
Operating communities [Member]
Temporarily Closed communities
Number of Communities | communities	11	9	15
Carrying Value	$ 63,668	$ 42,092	$ 88,534
Inventory Write-down	$ 22,300	$ 17,555	$ 3,340
Land Owned for Future Communities [Member]
Temporarily Closed communities
Number of Communities | communities	15	16	25
Carrying Value	$ 119,138	$ 122,015	$ 153,498
Inventory Write-down	$ 12,600

Inventory (Details 2)

Inventory (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Inventory Disclosure [Abstract]
Interest capitalized, beginning of period	$ 356,180	$ 343,077	$ 330,581
Interest incurred	155,170	163,815	134,198
Interest expensed to cost of revenues	(142,947)	(137,457)	(112,321)
Write-off against other income	(3,843)	(5,394)	(2,917)
Capitalized interest on investments in unconsolidated entities	(7,467)	(9,672)	$ (6,464)
Previously capitalized interest in unconsolidated entities transferred to inventory	16,035	1,811
Interest capitalized, end of period	$ 373,128	$ 356,180	$ 343,077

Inventory (Details Textual)

Inventory (Details Textual) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
Variable Interest Entity [Line Items]
Non cash transfer of investment in unconsolidated investments to inventory	$ 132,256	$ 2,704
Inventory (Textual) [Abstract]
Real Estate Inventory Capitalized Interest Costs Impairment	$ 32,700	33,100	$ 38,200
Transfer of Inventory to Investment		4,152
Reclassification of inventory to property, construction and office equipment		$ 9,482	$ 5,576
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member]
Variable Interest Entity [Line Items]
Number of VIE Land Purchase Contracts	61	63
Aggregate purchase price of VIE lands	$ 663,600	$ 578,200
Deposits for purchase of lands with VIE entities	45,000	$ 30,700
Home Building Joint Venture Metro New York [Member]
Variable Interest Entity [Line Items]
Non cash transfer of investment in unconsolidated investments to inventory	$ 132,256

Investments in Unconsolidated55

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 1) $ in Thousands	Oct. 31, 2015USD ($)joint_ventures	Oct. 31, 2014USD ($)
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	21
Investments in unconsolidated entities	$ 412,860	$ 447,078
Number of joint venture with funding commitments | joint_ventures	11
Other Commitment	$ 195,593
Land Development Joint Venture [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	7
Investments in unconsolidated entities	$ 214,060	140,221
Number of joint venture with funding commitments | joint_ventures	5
Future Financing To Be Obtained By JV	$ 90,000
Home Building Joint Ventures, Total [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	3
Investments in unconsolidated entities	$ 76,120	189,509
Number of joint venture with funding commitments | joint_ventures	2
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	10
Investments in unconsolidated entities	$ 110,454	97,353
Number of joint venture with funding commitments | joint_ventures	4
Structured Asset Joint Venture [Member]
Schedule of Investments [Line Items]
Number of Joint Ventures | joint_ventures	1
Investments in unconsolidated entities	$ 12,226	$ 19,995
Number of joint venture with funding commitments | joint_ventures	0
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Land Development Joint Venture [Member]
Schedule of Investments [Line Items]
Other Commitment	$ 162,022
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Home Building Joint Ventures, Total [Member]
Schedule of Investments [Line Items]
Other Commitment	23,012
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Investments [Line Items]
Other Commitment	10,559
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Structured Asset Joint Venture [Member]
Schedule of Investments [Line Items]
Other Commitment	$ 0

Investments in Unconsolidated56

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details 2) $ in Thousands	Oct. 31, 2015USD ($)joint_ventures
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	15
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,507,835
Amounts borrowed under commitments	$ 1,041,955
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	4
Line of Credit Facility, Maximum Borrowing Capacity	$ 505,000
Amounts borrowed under commitments	$ 415,924
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	2
Line of Credit Facility, Maximum Borrowing Capacity	$ 222,000
Amounts borrowed under commitments	$ 111,136
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	9
Line of Credit Facility, Maximum Borrowing Capacity	$ 780,835
Amounts borrowed under commitments	$ 514,895

Investments in Unconsolidated57

Investments in Unconsolidated Entities (Details Textual)	3 Months Ended					12 Months Ended			20 Months Ended
	Oct. 31, 2015USD ($)ajoint_ventureshome_sitesluxury_homesfloors	Jan. 31, 2015home_sites	Oct. 31, 2014USD ($)home_sites	Jan. 31, 2014USD ($)	Apr. 30, 2013USD ($)	Oct. 31, 2015USD ($)ajoint_ventureshome_sitesluxury_homesfloors	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)	Apr. 17, 2015USD ($)	Aug. 11, 2014USD ($)	Jul. 31, 2014home_sites
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income (loss) from unconsolidated entities						$ 21,119,000	$ 41,141,000	$ 14,392,000
Investments in unconsolidated entities	$ 412,860,000		$ 447,078,000			412,860,000	447,078,000
Funding Commitments to Joint Ventures	195,593,000					195,593,000
Secured Debt	151,702,000		154,111,000			151,702,000	154,111,000
Line of Credit Facility, Maximum Borrowing Capacity	1,507,835,000					1,507,835,000
Amounts borrowed under commitments	$ 1,041,955,000					1,041,955,000
Land Sales						183,870,000	$ 242,931,000	$ 29,252,000
Retail Land Sales, Installment Method, Gross Profit, Deferred
Non cash transfer of investment in unconsolidated investments to inventory						$ 132,256,000	$ 2,704,000
Number of Joint Ventures | joint_ventures	21					21
Contribution of Property							4,152,000	$ 54,761,000
Proceeds from Equity Method Investment, Dividends or Distributions						$ 19,459,000	43,973,000	23,468,000
Management Fees Revenue						$ 11,299,000	7,306,000	2,890,000
Land Development Joint Venture, Irvine, California [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | home_sites	840					840
Expected Percentage Of Homes To Be Sold To Each Joint Venture Partner						50.00%
Secured Debt	$ 320,000,000					$ 320,000,000
Land Development Joint Venture Texas Multi-Purpose [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | home_sites	6,800					6,800
Line of Credit Facility, Maximum Borrowing Capacity	$ 40,000,000					$ 40,000,000
Amounts borrowed under commitments	$ 10,000,000					$ 10,000,000
Number Of Home Sites Owned By Joint Venture	6,300					6,300
Land Development Joint Venture Maryland [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | home_sites	1,300					1,300
Expected Percentage Of Homes To Be Sold To Each Joint Venture Partner						50.00%
Number of acres owned by venture | a	945					945
Land Development Joint venture Texas 2900 Lots [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | home_sites											2,900
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,000,000					$ 25,000,000
Amounts borrowed under commitments	$ 26,100,000					$ 26,100,000
Number Of Home Sites Owned By Joint Venture	2,600					2,600
Maximum amount of line of credit commitment	$ 40,000,000					$ 40,000,000
Home Building Joint Venture Metro New York Three [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	124,000,000					124,000,000
Amounts borrowed under commitments	$ 70,100,000					$ 70,100,000
Home Building Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number Of Floors To Be Acquired From Joint Venture | floors	18					18
Home Building Joint Venture Metro New York Two [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Amounts borrowed under commitments	$ 41,100,000					$ 41,100,000
Rental Property Joint Ventures Q Two Fiscal Fifteen [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	87,000,000					87,000,000
Amounts borrowed under commitments	0					0
Rental Property Joint Venture College Park, Maryland [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property										418
Line of Credit Facility, Maximum Borrowing Capacity	104,500,000					104,500,000
Amounts borrowed under commitments										$ 44,200,000
Limited Partners' Contributed Capital										35,700,000
Rental Property Joint Venture Northern New Jersey [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	70,000,000					70,000,000
Amounts borrowed under commitments	$ 31,600,000					$ 31,600,000
Rental Property Joint Ventures Capitol Riverfront [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | luxury_homes	287					287
Line of Credit Facility, Maximum Borrowing Capacity	$ 54,000,000					$ 54,000,000
Amounts borrowed under commitments	46,300,000					46,300,000
Rental Property Joint Ventures Jersey City [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	120,000,000					120,000,000
Amounts borrowed under commitments	$ 96,100,000					$ 96,100,000
Number of floors in apartment building | floors	38					38
Rental Property Joint Venture Suburban Philadelphia [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | luxury_homes	398					398
Line of Credit Facility, Maximum Borrowing Capacity	$ 56,000,000					$ 56,000,000
Amounts borrowed under commitments	50,000,000					50,000,000
Rental Property Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	160,000,000					160,000,000
Amounts borrowed under commitments	$ 20,800,000					$ 20,800,000
Structured Asset Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	40.00%					40.00%
Toll Brothers Realty Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Partners' Capital Account, Distributions			$ 36,000,000
Toll Brothers Realty Trust [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	33.30%					33.30%
Toll Brothers Realty Trust [Member] | Management [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	33.30%					33.30%
Land Development Joint Venture, Irvine, California [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 76,813,000					$ 76,813,000
Funding Commitments to Joint Ventures	130,700,000					130,700,000
Land Development Joint Venture Five [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	$ 17,000,000					$ 17,000,000
Number Of Lots Acquired From Joint Venture | home_sites		48	515
Land Development Joint Venture Texas Multi-Purpose [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 43,478,000					$ 43,478,000
Purchase Rights Land Contributed	$ 79,300,000					$ 79,300,000
Cost Reimbursement Percentage By Joint Venture Partner			50.00%
Land Development Joint Venture Maryland [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 12,167,000					$ 12,167,000
Land Development Joint venture Texas 2900 Lots [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 30,077,000					$ 30,077,000
Payments to Acquire Interest in Joint Venture					$ 15,500,000
Land Development Joint venture Texas 2900 Lots [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	$ 2,200,000					$ 2,200,000
Home Building Joint Venture Metro New York Three [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	25.00%					25.00%
Investments in unconsolidated entities	$ 16,900,000					$ 16,900,000
Payments to Acquire Interest in Joint Venture						15,900,000
Land Sales						78,500,000
Retail Land Sales, Installment Method, Gross Profit, Deferred						$ 9,260,000
Home Building Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Non cash transfer of investment in unconsolidated investments to inventory						$ 132,256,000
Home Building Joint Venture Metro New York Two [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 35,700,000					$ 35,700,000
Home Building Joint Venture Metro New York Two [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	14,700,000					14,700,000
Rental Property Joint Ventures Q Two Fiscal Fifteen [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in unconsolidated entities	$ 7,800,000					7,800,000
Land Sales						$ 14,500,000
Number of Joint Ventures | joint_ventures	2					2
Payments to Acquire and Develop Real Estate									$ 18,800,000
Rental Property Joint Ventures Q Two Fiscal Fifteen [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	75.00%					75.00%
Rental Property Joint Ventures Q Two Fiscal Fifteen [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	$ 2,200,000					$ 2,200,000
Rental Property Joint Venture College Park, Maryland [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	25.00%					25.00%
Investments in unconsolidated entities	$ 12,700,000					$ 12,700,000				$ 11,900,000
Venture payment to align capital accounts	3,100,000
Contribution of Property	3,500,000
Rental Property Joint Venture Northern New Jersey [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in unconsolidated entities	$ 6,700,000					$ 6,700,000
Rental Property Joint Ventures Capitol Riverfront [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 14,400,000					$ 14,400,000
Contribution of Property			$ 27,100,000
Proceeds from Equity Method Investment, Dividends or Distributions			12,500,000
Rental Property Joint Ventures Jersey City [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 31,700,000					$ 31,700,000
Venture payment to align capital accounts						1,200,000
Contribution of Property			28,800,000
Proceeds from Equity Method Investment, Dividends or Distributions						$ 10,200,000
Rental Property Joint Venture Suburban Philadelphia [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 13,100,000					$ 13,100,000
Rental Property Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 23,100,000					$ 23,100,000
Rental Property Joint Venture Metro New York [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	$ 8,000,000					$ 8,000,000
Toll Brothers Realty Trust 2 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income (loss) from unconsolidated entities			600,000	$ 23,500,000
Ownership Percentage	50.00%					50.00%
Investments in unconsolidated entities	$ 900,000					$ 900,000
Land Sales							2,900,000
Proceeds from Equity Method Investment, Dividends or Distributions							20,000,000
Toll Brothers Realty Trust 2 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Ownership Percentage	50.00%					50.00%
Toll Brothers Realty Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income (loss) from unconsolidated entities			12,000,000			$ 3,500,000
Ownership Percentage	33.30%					33.30%
Investments in unconsolidated entities	$ 0					$ 0
Management Fees Revenue						2,200,000	2,300,000	4,200,000
Partners' Capital Account, Distributions						6,100,000
Structured Asset Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Income (loss) from unconsolidated entities						$ 2,639,000	1,904,000	$ 5,668,000
Ownership Percentage	20.00%					20.00%
Investments in unconsolidated entities	$ 12,226,000		$ 19,995,000			$ 12,226,000	$ 19,995,000
Number of Joint Ventures | joint_ventures	1					1
Structured Asset Joint Venture [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Funding Commitments to Joint Ventures	$ 0					$ 0

Investments in Unconsolidated58

Investments in Unconsolidated Entities Investments in Unconsolidated Entities (Details Textual 2) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)joint_ventures	Oct. 31, 2014USD ($)joint_ventures
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Amounts borrowed under commitments	$ 1,041,955
Investments in unconsolidated entities	412,860	$ 447,078
Other Commitment	195,593
Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Fair Value Disclosure	4,800
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	980,200
Amounts borrowed under commitments	514,300
Maxiumum guarantor obigation for borrowings by JVs	$ 514,300
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member] | Minimum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Term	P5M
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member] | Maximum [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Term	P54M
Ground Lease and Insurance Deductible Guarantee Member [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 10,300
Number of JVs, ground lease and other	3
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Number Of Unconsolidated Entities That Are Considered Variable Interest Entities | joint_ventures	1	3
Investments in unconsolidated entities	$ 6,700	$ 46,400
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] | Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	12,500	21,600
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] | Ground Lease and Insurance Deductible Guarantee Member [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted		9,100
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] | Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Ventures [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Other Commitment	$ 400	$ 43,400

Investments in Unconsolidated59

Investments in Unconsolidated Entities (Details 4) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Condensed Balance Sheets:
Cash and cash equivalents	$ 95,263	$ 110,291
Inventory	1,024,157	723,236
Non-performing loan portfolio	27,572	57,641
Rental properties	278,897	140,238
EquityMethodInvestmentSummarizedFinancialInformationRentalPropertiesUnderDevelopment	390,399	327,315
Real estate owned ("REO")	117,758	184,753
Other assets	224,617	197,649
Total assets	2,158,663	1,741,123
Debt	1,127,121	521,833
Other liabilities	130,315	123,784
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	806,327	936,089
Non-controlling interest	94,900	159,417
Total liabilities and equity	2,158,663	1,741,123
Investments in unconsolidated entities	412,860	447,078
Restricted Cash and Cash Equivalents	16,795	18,342
Land Development Joint Venture [Member]
Condensed Balance Sheets:
Cash and cash equivalents	29,281	31,968
Inventory	$ 701,527	$ 258,092
Non-performing loan portfolio
Rental properties
EquityMethodInvestmentSummarizedFinancialInformationRentalPropertiesUnderDevelopment
Real estate owned ("REO")
Other assets	$ 70,799	$ 30,166
Total assets	801,607	320,226
Debt	417,025	102,042
Other liabilities	29,772	23,854
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	$ 354,810	$ 194,330
Non-controlling interest
Total liabilities and equity	$ 801,607	$ 320,226
Investments in unconsolidated entities	214,060	140,221
Home Building Joint Ventures, Total [Member]
Condensed Balance Sheets:
Cash and cash equivalents	11,203	21,821
Inventory	$ 322,630	$ 465,144
Non-performing loan portfolio
Rental properties
EquityMethodInvestmentSummarizedFinancialInformationRentalPropertiesUnderDevelopment
Real estate owned ("REO")
Other assets	$ 61,144	$ 75,164
Total assets	394,977	562,129
Debt	117,251	8,713
Other liabilities	70,078	56,665
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	$ 207,648	$ 496,751
Non-controlling interest
Total liabilities and equity	$ 394,977	$ 562,129
Investments in unconsolidated entities	76,120	189,509
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Balance Sheets:
Cash and cash equivalents	$ 44,310	$ 33,040
Inventory
Non-performing loan portfolio
Rental properties	$ 278,897	$ 140,238
EquityMethodInvestmentSummarizedFinancialInformationRentalPropertiesUnderDevelopment	$ 390,399	$ 327,315
Real estate owned ("REO")
Other assets	$ 12,199	$ 14,333
Total assets	725,805	514,926
Debt	514,895	333,128
Other liabilities	30,329	43,088
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	$ 180,581	$ 138,710
Non-controlling interest
Total liabilities and equity	$ 725,805	$ 514,926
Investments in unconsolidated entities	110,454	97,353
Structured Asset Joint Venture [Member]
Condensed Balance Sheets:
Cash and cash equivalents	$ 10,469	$ 23,462
Inventory
Non-performing loan portfolio	$ 27,572	$ 57,641
Rental properties
EquityMethodInvestmentSummarizedFinancialInformationRentalPropertiesUnderDevelopment
Real estate owned ("REO")	$ 117,758	$ 184,753
Other assets	80,475	77,986
Total assets	236,274	343,842
Debt	77,950	77,950
Other liabilities	136	177
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	63,288	106,298
Non-controlling interest	94,900	159,417
Total liabilities and equity	236,274	343,842
Investments in unconsolidated entities	12,226	19,995
Restricted Cash and Cash Equivalents	$ 78,000	$ 78,000

Investments in Unconsolidated60

Investments in Unconsolidated Entities (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Condensed Statements of Operations:
Revenues	$ 248,795	$ 232,770	$ 160,542
Cost of revenues	159,855	155,251	103,550
Other expenses	33,620	42,483	27,974
Equity Method Investment Summarized Financial Information Expenses	193,475	197,734	131,524
Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate	42,939	30,420	68,323
Income (loss) from operations	98,259	65,456	97,341
Other income	8,287	49,225	997
Net income (loss) before noncontrolling interest	106,546	114,681	98,338
Less: Net income attributable to noncontrolling interest	(19,928)	(15,496)	(43,349)
Net income (loss)	86,618	99,185	54,989
equity method summarized financial information other comprehensive income	52	728	922
Equity method summarized financial information comprehensive income (loss)	86,670	99,913	55,911
Income (loss) from unconsolidated entities	21,119	41,141	14,392
Land Development Joint Venture [Member]
Condensed Statements of Operations:
Revenues	128,889	136,949	43,937
Cost of revenues	58,435	73,628	20,142
Other expenses	1,999	730	1,146
Equity Method Investment Summarized Financial Information Expenses	$ 60,434	$ 74,358	$ 21,288
Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
Income (loss) from operations	$ 68,455	$ 62,591	$ 22,649
Other income	615	66	11
Net income (loss) before noncontrolling interest	$ 69,070	$ 62,657	$ 22,660
Less: Net income attributable to noncontrolling interest
Net income (loss)	$ 69,070	$ 62,657	$ 22,660
equity method summarized financial information other comprehensive income
Equity method summarized financial information comprehensive income (loss)	$ 69,070	$ 62,657	$ 22,660
Income (loss) from unconsolidated entities	12,005	1,190	3,288
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
Revenues	78,072	54,923	40,386
Cost of revenues	69,142	53,221	36,208
Other expenses	6,135	5,165	2,554
Equity Method Investment Summarized Financial Information Expenses	$ 75,277	$ 58,386	$ 38,762
Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
Income (loss) from operations	$ 2,795	$ (3,463)	$ 1,624
Other income	1,072	105	571
Net income (loss) before noncontrolling interest	$ 3,867	$ (3,358)	$ 2,195
Less: Net income attributable to noncontrolling interest
Net income (loss)	$ 3,867	$ (3,358)	$ 2,195
equity method summarized financial information other comprehensive income
Equity method summarized financial information comprehensive income (loss)	$ 3,867	$ (3,358)	$ 2,195
Income (loss) from unconsolidated entities	3,448	(2,034)	1,471
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
Revenues	35,732	32,875	38,727
Cost of revenues	15,539	14,250	16,704
Other expenses	24,174	35,003	20,875
Equity Method Investment Summarized Financial Information Expenses	$ 39,713	$ 49,253	$ 37,579
Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate
Income (loss) from operations	$ (3,981)	$ (16,378)	$ 1,148
Other income	4,376	45,933	86
Net income (loss) before noncontrolling interest	$ 395	$ 29,555	$ 1,234
Less: Net income attributable to noncontrolling interest
Net income (loss)	$ 395	$ 29,555	$ 1,234
equity method summarized financial information other comprehensive income	52	728	922
Equity method summarized financial information comprehensive income (loss)	447	30,283	2,156
Income (loss) from unconsolidated entities	3,027	40,081	3,965
Structured Asset Joint Venture [Member]
Condensed Statements of Operations:
Revenues	6,102	8,023	37,492
Cost of revenues	16,739	14,152	30,496
Other expenses	1,312	1,585	3,399
Equity Method Investment Summarized Financial Information Expenses	18,051	15,737	33,895
Equity Method Investment Summarized Financial Information Gain Loss On Disposition Of Loans And Owned Real Estate	42,939	30,420	68,323
Income (loss) from operations	30,990	22,706	71,920
Other income	2,224	3,121	329
Net income (loss) before noncontrolling interest	33,214	25,827	72,249
Less: Net income attributable to noncontrolling interest	(19,928)	(15,496)	(43,349)
Net income (loss)	$ 13,286	$ 10,331	$ 28,900
equity method summarized financial information other comprehensive income
Equity method summarized financial information comprehensive income (loss)	$ 13,286	$ 10,331	$ 28,900
Income (loss) from unconsolidated entities	$ 2,639	$ 1,904	$ 5,668

Investments in Distressed Loa61

Investments in Distressed Loans and Foreclosed Real Estate (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Investments in Distressed Loans and Foreclosed Real Estate [Abstract]
Real Estate Acquired Through Foreclosure	$ 50,233	$ 69,799	$ 72,972	$ 58,353
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	1,497	4,001
Investments in foreclosed real estate and distressed loans	$ 51,730	$ 73,800

Investments in Distressed Loa62

Investments in Distressed Loans and Foreclosed Real Estate Investments in Foreclosed Real Estate (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Schedule of changes in real estate owned [Roll Forward]
Real Estate Acquired Through Foreclosure	$ 69,799	$ 72,972	$ 58,353
Real Estate Owned Additions	2,833	22,220	23,470
Real Estate Owned, Sales	(21,293)	(23,696)	(7,842)
Real Estate Owned, Impairments	(767)	(1,358)	(505)
Real Estate Held And Used Depreciation	(339)	(339)	(504)
Real Estate Acquired Through Foreclosure	$ 50,233	$ 69,799	$ 72,972

Investments in Distressed Loa63

Investments in Distressed Loans and Foreclosed Real Estate Investments in distress loans (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield	$ 6,606	$ 17,196
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield, Additions	554	1,654
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Disposals of Loans	6,204	7,728
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Accretion	956	4,516
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield	$ 0	$ 6,606

Investments in Distressed Loa64

Investments in Distressed Loans and Foreclosed Real Estate (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Investments in Non Performing Loan Portfolios and Foreclosed Real Estate (Textual) [Abstract]
Real Estate Acquired Through Foreclosure	$ 50,233	$ 69,799	$ 72,972	$ 58,353
Gains (losses) upon acquisition of REO	200	4,500	3,600
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield		0	6,606	$ 17,196
Gibraltar [Member]
Investments in Non Performing Loan Portfolios and Foreclosed Real Estate (Textual) [Abstract]
Real Estate Partnership Investment Subsidiaries, Net Income (Loss) before Tax	10,168	14,364	$ 10,185
Assets Held-for-sale [Member]
Investments in Non Performing Loan Portfolios and Foreclosed Real Estate (Textual) [Abstract]
Real Estate Acquired Through Foreclosure	1,700	11,700
real estate held and used [Member]
Investments in Non Performing Loan Portfolios and Foreclosed Real Estate (Textual) [Abstract]
Real Estate Acquired Through Foreclosure	$ 48,500	$ 58,100

Loans Payable, Senior Notes, 65

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Debt Instrument [Line Items]
Long-term line of credit	$ 1,041,955
Other Loans Payable	151,702	$ 154,261
Loans payable	1,000,439	$ 652,619
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term line of credit	350,000
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Long-term Debt, Noncurrent	500,000	$ 500,000
Deferred Finance Costs, Net	$ (1,263)	$ (1,642)

Loans Payable, Senior Notes, 66

Loans Payable, Senior Notes, and Mortgage Company Loan Facility Term Loan Facility (Detail Textuals 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended	12 Months Ended
	Oct. 31, 2014	Apr. 30, 2014	Oct. 31, 2014	Oct. 31, 2015
Five year term note [Member]
Debt Instrument [Line Items]
Debt Instrument, Term			5 years
Proceeds from Bank Debt	$ 15	$ 485
Debt Instrument, Interest Rate, Effective Percentage				1.60%
Federal Funds Effective Swap Rate [Member] | Five year term note [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate				0.50%
Percent interest added when euro rate option selected				0.25%
London Interbank Offered Rate (LIBOR) [Member] | Five year term note [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate				1.00%
Guarantor Subsidiaries [Member]
Debt Instrument [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent				100.00%

Credit Facility (Details Textua

Credit Facility (Details Textual 2) - USD ($) $ in Thousands	2 Months Ended	12 Months Ended
	Dec. 18, 2015	Oct. 31, 2015	Oct. 31, 2014	Aug. 01, 2013
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,507,835
Long-term line of credit		$ 1,041,955
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 1,035,000
Line of Credit Facility, term of contract		5 years
Line of Credit Facility, Expiration Date		Aug. 1, 2018
Line of credit facility, available for letters of credit		75.00%
Line of Credit Facility Contingent Increase To Maximum Borrowing Capacity				$ 2,000,000
Debt Instrument, Interest Rate, Effective Percentage		1.70%
Maximum Permissible Leverage Ratio		1.75
Minimum Net Worth Required for Compliance		$ 2,640,000
Existing Leverage Ratio		.679
Tangible Net Worth		$ 4,190,000
Ability to repurchase common stock		1,970,000
Long-term line of credit		350,000
Letters of Credit Outstanding, Amount		$ 118,900
Guarantor Subsidiaries [Member]
Line of Credit Facility [Line Items]
Subsidiary of Company, Ownership Percentage by Parent		100.00%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Repayments of Lines of Credit	$ 350,000
Shapell [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Repayments of Lines of Credit		$ 370,000

Loans Payable - other (Details

Loans Payable - other (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Credit Facility, Loans Payable, Senior Notes, and Mortgage Company Loan Facility [Abstract]
Other Loans Payable	$ 151,702	$ 154,261
Debt, Weighted Average Interest Rate	3.78%	4.34%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	0.15%	0.15%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum	7.87%	7.87%
Loans secured by assets [Abstract]
Secured Debt	$ 151,702	$ 154,111
Value of Assets Securing Loans	$ 378,864	$ 428,122
Loans Payable Contractual Maturities Term Minimum	1 month
Loans Payable Contractual Maturities Term Maximum	31 years

Senior Notes (Details 3)

Senior Notes (Details 3) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 30, 2015	Oct. 31, 2014	Nov. 13, 2013	Nov. 12, 2013	May. 13, 2013	Apr. 03, 2013	Sep. 05, 2012	Jun. 02, 2005
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage								0.50%
Senior notes	$ 2,689,801		$ 2,638,241
5.15% Senior Notes due 2015 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage									5.15%
Senior notes			300,000
8.91% Senior Notes due 2017 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	8.91%
Senior notes	$ 400,000		400,000
4.0% Senior Notes due 2018 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.00%				4.00%
Senior notes	$ 350,000		350,000
6.75% Senior Notes due 2019 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	6.75%
Senior notes	$ 250,000		250,000
5.875 % senior notes due 2022 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.875%
Senior notes	$ 419,876		419,876
4.375% Senior Notes due 2023 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.375%					4.375%	4.375%
Senior notes	$ 400,000		400,000			$ 100,000	$ 300,000
5.625% Senior notes due 2024 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	5.625%			5.625%
Senior notes	$ 250,000		$ 250,000
4.875% Senior Notes Due 2025 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	4.875%	4.875%
Senior notes	$ 350,000
0.5% Exchangeable Senior Notes Due 2032 [Member]
Senior Notes [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	0.50%							0.50%
Senior notes	$ 287,500		$ 287,500
Senior Notes [Member]
Senior Notes [Abstract]
Deferred Finance Costs, Net	$ 17,575		$ 19,135

Senior Notes (Details Textual 3

Senior Notes (Details Textual 3) - USD ($)	1 Months Ended			3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2013	Nov. 30, 2012	Sep. 30, 2012	Oct. 31, 2015	Apr. 30, 2013	Jul. 31, 2013	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 30, 2015	Nov. 13, 2013	Nov. 12, 2013	May. 13, 2013	Apr. 03, 2013	Sep. 05, 2012	Jun. 02, 2005	Mar. 16, 2004	Sep. 03, 2003	Nov. 22, 2002
Senior Note Payable (Textual) [Abstract]
Percentage of Holding In Subsidiary				100.00%			100.00%
Interest rate on notes															0.50%
Additional common share if convertible debt exchanged							5,900,000
Issued Senior Notes				$ 2,689,801,000			$ 2,689,801,000	$ 2,638,241,000
Proceeds from issuance of senior notes							350,000,000	600,000,000	$ 400,383,000
Repayments of Senior Debt							300,000,000	267,960,000	$ 163,853,000
Senior Notes [Member]
Senior Note Payable (Textual) [Abstract]
Deferred Finance Costs, Net				$ 17,575,000			$ 17,575,000	19,135,000
0.5% Exchangeable Senior Notes Due 2032 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes				0.50%			0.50%								0.50%
Additional common share if convertible debt exchanged				5,900,000
Debt Conversion, Convertible, number of shares issued per note exchanged			20.3749
PrincipalAmountDenomination															$ 1,000
Debt Instrument, Convertible, Conversion Price															$ 49.08
Issued Senior Notes				$ 287,500,000			$ 287,500,000	$ 287,500,000
4.875% Senior Notes Due 2025 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes				4.875%			4.875%			4.875%
Issued Senior Notes				$ 350,000,000			$ 350,000,000
Proceeds from Debt, Net of Issuance Costs							347,700,000
Proceeds from issuance of senior notes							$ 350,000,000
5.15% Senior Notes due 2015 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes																5.15%
Issued Senior Notes								$ 300,000,000
Repayments of Senior Debt				$ 300,000,000
4.0% Senior Notes due 2018 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes				4.00%			4.00%					4.00%
Issued Senior Notes				$ 350,000,000			$ 350,000,000	350,000,000
Proceeds from Debt, Net of Issuance Costs								596,200,000
Proceeds from issuance of senior notes								350,000,000
4.95% Senior Notes due 2014 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes																	4.95%
Repayments of Senior Debt								268,000,000
5.625% Senior notes due 2024 (Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes				5.625%			5.625%				5.625%
Issued Senior Notes				$ 250,000,000			$ 250,000,000	250,000,000
Proceeds from issuance of senior notes								250,000,000
5.95% Senior notes due 2013 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes																		5.95%
Repayments of Senior Debt	$ 104,800,000
4.375% Senior Notes due 2023 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes				4.375%			4.375%						4.375%	4.375%
percentage above par, senior debt issued													103.00%
Issued Senior Notes				$ 400,000,000			$ 400,000,000	$ 400,000,000					$ 100,000,000	$ 300,000,000
Proceeds from Debt, Net of Issuance Costs					$ 298,100,000	$ 102,300,000
6.875% Senior Notes Due 2012 [Member]
Senior Note Payable (Textual) [Abstract]
Interest rate on notes																			6.875%
Repayments of Senior Debt		$ 59,100,000
Guarantor Subsidiaries [Member]
Senior Note Payable (Textual) [Abstract]
Noncontrolling Interest, Ownership Percentage by Parent				100.00%			100.00%
Issued Senior Notes
Proceeds from issuance of senior notes
Repayments of Senior Debt
New Accounting Pronouncement, Early Adoption, Effect [Member]
Senior Note Payable (Textual) [Abstract]
Deferred Finance Costs, Net								$ 18,400,000
New Accounting Pronouncement, Early Adoption, Effect [Member] | Senior Notes [Member]
Senior Note Payable (Textual) [Abstract]
Deferred Finance Costs, Net								$ (16,800,000)
Sept2012HoldersofDebtInstrument [Member] | 0.5% Exchangeable Senior Notes Due 2032 [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Convertible, Terms of Conversion Feature			Holders of the 0.5% Exchangeable Senior Notes will have the right to require Toll Brothers Finance Corp. to repurchase their notes for cash equal to 100% of their principal amount, plus accrued but unpaid interest, on each of December 15, 2017; September 15, 2022; and September 15, 2027.
Sept2012CompanyConversionRighttoDebtInstrument [Member] | 0.5% Exchangeable Senior Notes Due 2032 [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Convertible, Terms of Conversion Feature			Toll Brothers Finance Corp. will have the right to redeem the 0.5% Senior Notes on or after September 15, 2017, for cash equal to 100% of their principal amount, plus accrued but unpaid interest.

Mortgage Company Loan Facility

Mortgage Company Loan Facility (Details Textual 4) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,507,835
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	0.15%	0.15%
Mortgage company loan facility	$ 100,000	$ 90,281
Mortgage Loans on Real Estate, Commercial and Consumer, Net	123,175	101,944
Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Current Borrowing Capacity	50,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 100,000
Debt Instrument, Maturity Date	Jul. 18, 2016
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	2.00%
Debt Instrument, Interest Rate, Effective Percentage	2.19%
Mortgage company loan facility	$ 100,000	90,300
Aggregate Outstanding Purchase Price Limitations	$ 0
London Interbank Offered Rate (LIBOR) [Member] | Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Interest Rate on Loan Commitments in Addition to Libor	2.00%
Securities Pledged as Collateral [Member] | Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Mortgage Loans on Real Estate, Commercial and Consumer, Net	$ 115,900	$ 93,900

Loans Payable, Senior Notes, 72

Loans Payable, Senior Notes, and Mortgage Company Loan Facility (Details 4) $ in Thousands	Oct. 31, 2015USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$ 166,497
Long-term Debt, Maturities, Repayments of Principal in Year Two	419,480
Long-term Debt, Maturities, Repayments of Principal in Year Three	364,541
Long-term Debt, Maturities, Repayments of Principal in Year Four	860,535
Long-term Debt, Maturities, Repayments of Principal in Year Five	$ 253,290

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Accrued expenses
Land, land development and construction	$ 118,634	$ 124,816
Compensation and employee benefits	125,045	118,607
Self-insurance	113,727	100,407
Warranty	93,083	86,282		$ 43,819	$ 41,706
Interest	26,926	33,993
Commitments to unconsolidated entities	5,534	3,293
Other	125,117	114,079
Accrued expenses, Total	$ 608,066	$ 581,477	$ 581,477

Accrued Expenses (Details 1)

Accrued Expenses (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Changes in the warranty accrual
Balance, beginning of year	$ 86,282	$ 43,819	$ 41,706
Additions - homes closed during the year	$ 20,934	18,588	$ 14,652
Addition - liabilities acquired		11,044
Reclassification from self-insurance accruals		7,554
Charges incurred	$ (31,479)	(22,586)	$ (12,355)
Balance, end of year	93,083	86,282	43,819
Warranty change, homes closed in prior period, other [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	2,661	2,913	$ (184)
Stucco Related [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	$ 14,685	$ 24,950

Accrued Expense (Detail Textual

Accrued Expense (Detail Textuals) $ in Millions	3 Months Ended		12 Months Ended
	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2015USD ($)communities	Oct. 31, 2014USD ($)communities
Stucco Related [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 80.3	$ 54	$ 80.3	$ 54
Product Liability Contingency, Third Party Recovery, Percentage			40.00%	40.00%
Product Warranty Accrual, Preexisting, Increase (Decrease)	14.7	$ 25
Construction Claims, Three Community Associations, California [Member]
Loss Contingencies [Line Items]
Loss Contingency, New Claims Filed, Number | communities				3
Loss Contingency, Claims Settled, Number | communities			1
Loss Contingency, Loss in Period	$ 0.8		$ 6.9

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Reconciliation of Company's effective tax rate from federal statutory rate
Federal tax provision at statutory rate	$ 187,447	$ 176,604	$ 93,694
State tax provision, net of federal benefit	21,947	23,778	$ 11,363
Domestic production activities deduction	(12,284)	(14,796)
Other permanent differences	(7,821)	(6,214)	$ (4,914)
Reversal of accrual for uncertain tax positions	(15,331)	(11,022)	(5,580)
Accrued interest on anticipated tax assessments	2,588	1,847	$ 3,704
Increase in unrecognized tax benefits	3,214	5,694
Valuation allowance - recognized	3,681	1,328	$ 3,232
Valuation allowance - reversed	(16,323)	(13,256)	(4,569)
Other	5,277	587	161
Income tax provision	$ 172,395	$ 164,550	$ 97,091
Federal tax provision at statutory rate, percentage	35.00%	35.00%	35.00%
State tax provision, net of federal benefit, percentage	4.10%	4.70%	4.20%
Domestic production activities deduction, Percent	(2.30%)	(2.90%)	(0.00%)
Other permanent differences, Percent	(1.50%)	(1.20%)	(1.80%)
Reversal of accrual for uncertain tax positions, percent	(2.90%)	(2.20%)	(2.10%)
Accrued interest on anticipated tax assessments, percentage	0.50%	0.40%	1.40%
Increase in unrecognized tax benefits, percentage	0.60%	1.10%	0.00%
Valuation allowance - recognized, percentage	0.70%	0.30%	1.20%
Valuation allowance - reversed, percentage	(3.00%)	(2.60%)	(1.70%)
Other, percentage	1.00%	0.10%	0.10%
Income tax provision, percentage	32.20%	32.60%	36.30%

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Income Tax Expense, Continuing Operations, by Jurisdiction [Abstract]
Federal Income Tax Expense, Continuing Operations	$ 181,819	$ 163,089	$ 93,451
State and Local Income Tax Expense (Benefit), Continuing Operations	(9,424)	1,461	3,640
Current Income Tax Expense	122,953	129,047	23,209
Deferred Income Tax Expense	49,442	35,503	73,882
Income tax provision	$ 172,395	$ 164,550	$ 97,091

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Reconciliation of change in gross unrecognized tax benefits
Balance, beginning of period	$ 58,318	$ 78,105	$ 80,991
Increase in benefit as a result of tax positions taken in prior years	16,802	10,314	$ 5,699
Unrecognized Tax Benefits, Increases Resulting from Current Period Tax Positions	9,005	$ 442
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities	$ (31,013)
Decrease in benefit as a result of completion of tax audits		$ (1,222)
Unrecognized Tax Benefits, Reductions Resulting from Lapse of Applicable Statute of Limitations	$ (1,223)	(29,321)	$ (8,585)
Balance, end of period	$ 51,889	$ 58,318	$ 78,105

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Tax Benefits potential Interest and Penalties
Tax Benefits potential Interest and Penalties	$ 4,454	$ 9,694	$ 5,699
Tax Benefit Amount Accrued for potential Interest and Penalties
Tax Benefit Amount Accrued for potential Interest and Penalties	$ 17,012	$ 33,867

Income Taxes (Details 4)

Income Taxes (Details 4) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Components of Deferred Tax Assets and Liabilities [Abstract]
Deferred Tax Assets Accrued Expenses	$ 72,426	$ 61,023
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Impairment Losses	130,709	231,098
Deferred Tax Assets, Inventory	67,610	26,789
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	54,768	50,255
Deferred Tax Asset Unrecognized Tax Benefits	25,267	19,297
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	53,103	47,330
Deferred Tax Assets, Other	7,410	12,030
Deferred Tax Assets, Gross	411,293	447,822
Deferred Tax Liabilities, Deferred Expense, Capitalized Interest	107,970	102,951
Deferred Tax Liabilities, Tax Deferred Income	17,661	2,511
Deferred tax liability, expenses taken for tax not for book	37,868	21,076
Deferred Tax Liabilities, Property, Plant and Equipment	3,819	4,012
Deferred Tax Liabilities Marketing	14,384	23,073
Deferred Tax Liabilities, Gross	181,702	153,623
Deferred Tax Assets Liabilities Gross	229,591	294,199
Deferred Tax Assets, Net	198,455	250,421
State and Local Jurisdiction [Member]
Components of Deferred Tax Assets and Liabilities [Abstract]
Deferred Tax Assets, Valuation Allowance	$ (31,136)	$ (43,778)

Income Taxes (Details Textual)

Income Taxes (Details Textual) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
Income tax disclosures [Line Items]
Number of states	19
Effective Income Tax Rate Reconciliation, Percent	32.20%	32.60%	36.30%
Valuation allowance - reversed	$ (16,323)	$ (13,256)	$ (4,569)
Valuation allowance - recognized	$ 3,681	$ 1,328	$ 3,232
State and Local Jurisdiction [Member]
Income tax disclosures [Line Items]
Effective Income Tax Rate Reconciliation, Percent	6.30%	7.20%	6.50%
State Net Operating Loss Carryforwards [Member] | Minimum [Member]
Income tax disclosures [Line Items]
net operating loss, carryback expiration periods	5 years
State Net Operating Loss Carryforwards [Member] | Maximum [Member]
Income tax disclosures [Line Items]
net operating loss, carryback expiration periods	20 years

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2013	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Dec. 16, 2014	Nov. 07, 2013	Sep. 05, 2012	Mar. 31, 2003
Share Repurchase Program
Number of shares purchased		1,665,000	2,947,000	498,000
Average price per share		$ 34.17	$ 30.80	$ 30.90
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased		18,535,000	5,321,000	8,268,000
Stockholders' Equity (Textual) [Abstract]
Common Stock, Shares Authorized		400,000,000
Common Stock, Par or Stated Value Per Share		$ 0.01
Preferred Stock, Shares Authorized		15,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.01
Common Stock, Shares, Outstanding		174,800,000
Common Stock Reserved for Outstanding Stock Options and Restricted Stock Units		9,700,000
Additional common share if convertible debt exchanged		5,900,000
Debt Instrument, Interest Rate, Stated Percentage							0.50%
Preferred Stock, Shares Issued		0	0
Stock Issued During Period, Shares, New Issues	7,200,000
Sale of Stock, Price Per Share						$ 32
Proceeds from Issuance of Common Stock			$ 220,365
Authorization to repurchase shares					20,000,000			20,000,000
Rights Issued Pursuant to Rights Plan Description		The rights issued pursuant to the 2007 Rights Plan will become exercisable upon the earlier of (i) 10 days following a public announcement that a person or group of affiliated or associated persons has acquired, or obtained the right to acquire, beneficial ownership of 15% or more of the outstanding shares of our common stock, or (ii) 10 business days following the commencement of a tender offer or exchange offer that would result in a person or group beneficially owning 15% or more of the outstanding shares of common stock. No rights were exercisable at October 31, 2015.
Percentage of Ownership of Company's Common Stock for Restricts Certain Transfers		4.95%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance		7,500,000
Employee Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance		537,000

Stock-Based Benefit Plans (Deta

Stock-Based Benefit Plans (Details Textual) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)shares	Oct. 31, 2014USD ($)shares	Oct. 31, 2013USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 22,903	$ 21,656	$ 19,041
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares	7,541,000	8,821,000	4,397,000
Unamortized value of stock compensation	$ 25,200	$ 24,000	$ 19,900
Active plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock incentive plans	2
Active plans [Member] | Employees including officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock incentive plans	1
Active plans [Member] | Nonemployee directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock incentive plans	1
Inactive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock incentive plans	2
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 9,610	9,005	7,703
Unamortized value of stock compensation	$ 13,800
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 5 months
Inactive Plans [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Term of Stock Option Granted under Stock Incentive Plan	10 years
Inactive Plans [Member] | Stock Option Non Employee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years
Active plans [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Term of Stock Option Granted under Stock Incentive Plan	10 years
Active plans [Member] | Stock Option Non Employee Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years
Vesting Based On Stock Price [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		$ 231	$ 1,811

Stock-Based Benefit Plans (De84

Stock-Based Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock based expense recognized	$ 22,903	$ 21,656	$ 19,041
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 8,767	$ 8,322	$ 7,378

Stock-Based Benefit Plans (De85

Stock-Based Benefit Plans (Details 1) - Employee Stock Option [Member] - USD ($)	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Weighted-average assumptions and the fair value used for stock option grants
Weighted-average volatility	36.36%	42.71%	46.70%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Payments	$ 0	$ 0	$ 0
Weighted-average grant date fair value per share of options granted	$ 11.67	$ 14.26	$ 13.05
Minimum [Member]
Weighted-average assumptions and the fair value used for stock option grants
Expected volatility	32.69%	36.44%	44.04%
Risk-free interest rate	1.53%	1.45%	0.64%
Expected life (years)	4 years 197 days	4 years 6 months 20 days	4 years 5 months 22 days
Maximum [Member]
Weighted-average assumptions and the fair value used for stock option grants
Expected volatility	42.58%	44.71%	48.13%
Risk-free interest rate	2.11%	2.71%	1.56%
Expected life (years)	9 years 44 days	9 years 8 days	8 years 10 months 16 days

Stock-Based Benefit Plans (De86

Stock-Based Benefit Plans (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Stock-based compensation expense recognized
Stock based expense recognized	$ 22,903	$ 21,656	$ 19,041
Employee Stock Option [Member]
Stock-based compensation expense recognized
Stock based expense recognized	$ 9,610	$ 9,005	$ 7,703

Stock-Based Benefit Plans (De87

Stock-Based Benefit Plans (Details 3) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Unamortized value of stock compensation	$ 25.2	$ 24	$ 19.9
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning outstanding balance, stock options	9,358	9,924	10,669
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	870	819	768
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	(1,441)	(1,313)	(1,454)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period	(762)	(72)	(59)
Ending outstanding balance, stock options	8,025	9,358	9,924
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	6,098	7,482	7,996
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 25.94	$ 24.51	$ 23.23
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	32.49	35.16	32.22
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price	27.52	20.88	19.21
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price	32.48	25.23	25.09
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	25.75	25.94	24.51
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 23.67	$ 24.91	$ 24.49
Unamortized value of stock compensation	$ 13.8
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	4 years 7 months 17 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term		3 years 5 months 26 days

Stock-Based Benefit Plans (De88

Stock-Based Benefit Plans (Details 4) - Employee Stock Option [Member] - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 82,058	$ 62,073	$ 84,938
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 75,034	$ 55,776	$ 68,920

Stock-Based Benefit Plans (De89

Stock-Based Benefit Plans (Details 5) - Employee Stock Option [Member] - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value	$ 12,923	$ 18,361	$ 19,632
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Total Fair Value	$ 9,183	$ 8,447	$ 8,334

Stock-Based Benefit Plans (De90

Stock-Based Benefit Plans (Details 6) - Employee Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	1,441,000	1,313,000	1,454,000
Net exercise method [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	30,000	96,162	531,000
Shares tendered	29,917	58,819	405,838
Shares issued	83	37,343	125,162
Average Fair Market Value Per Share Withheld	$ 32.64	$ 33.78	$ 32.22
Aggregate Fair Market Value of Shares Withheld	$ 976	$ 1,987	$ 13,076
Stock swap method [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised		7,006	6,534
Shares tendered		4,273	4,034
Shares issued		2,733	2,500
Average Fair Market Value Per Share Withheld		$ 33.01	$ 32.61
Aggregate Fair Market Value of Shares Withheld		$ 141	$ 132

Stock-Based Benefit Plans (De91

Stock-Based Benefit Plans (Details 7) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Dec. 20, 2013	Jan. 29, 2013	Dec. 20, 2011
Performance-Based Restricted Stock Units
Stock based expense recognized	$ 22,903	$ 21,656	$ 19,041
Unamortized value of RSUs	$ 25,200	$ 24,000	$ 19,900
Restricted Stock Units (RSUs) [Member] | Vesting Based On Performance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Minimum Percentage of Units Issued to Recipients of Base Award	90.00%
Maximum Percentage of Units Issued to Recipients of Base Award	110.00%
Performance-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	300,042	288,814	302,511
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,261,545	961,503	672,687
Share Price				$ 32.49	$ 35.16	$ 37.78
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	$ 9,748	$ 10,155	$ 11,429
Stock based expense recognized	9,863	9,310	6,946
Unamortized value of RSUs	$ 8,850	$ 8,965	$ 8,120

Stock-Based Benefit Plans (De92

Stock-Based Benefit Plans (Details 8) - USD ($)	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Stock Price-Based RSUs issued
Stock based expense recognized	$ 22,903,000	$ 21,656,000	$ 19,041,000
Restricted Stock Units (RSUs) [Member] | Vesting Based On Stock Price [Member]
Stock Price-Based RSUs issued
Percentage Increases Over Closing Price	30.00%
gross value of stock awarded related to restricted stock units	$ 10,471,000	$ 6,476,000
Gross shares distributed related to restricted stock	306,000	200,000
Value of shares withheld for income taxes on restricted shares issued	$ 4,796,000	$ 2,629,000
Shares withheld for income taxes related to share issued for RSU	140,160	81,201
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	$ 5,675,000	$ 3,847,000
Issuance of restricted stock and stock units, shares	165,840	118,799
Stock based expense recognized		$ 231,000	$ 1,811,000
Aggregate outstanding RSUs	0
Number Of Consecutive Trading Days	20 days
Period of Issuance of Stock Price Based RSU	5 years

Stock-Based Benefit Plans (De93

Stock-Based Benefit Plans (Details 9) - USD ($)	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Dec. 20, 2013	Dec. 17, 2012	Dec. 20, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based expense recognized	$ 22,903,000	$ 21,656,000	$ 19,041,000
Summary of aggregate number and unamortized value of outstanding non-performance based RSUs
Unamortized value of RSUs	$ 25,200,000	$ 24,000,000	$ 19,900,000
Restricted Stock Units (RSUs) [Member] | Vesting Based On Service [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	124,568	99,336	94,080
Share Price				$ 32.74	$ 35.16	$ 32.22
Fair value of restricted stock units issued	$ 4,078,000	$ 3,493,000	$ 3,031,000
Stock based expense recognized	$ 3,317,000	$ 3,012,000	$ 2,490,000
Summary of aggregate number and unamortized value of outstanding non-performance based RSUs
Aggregate outstanding RSUs	380,548	304,286	225,252
Unamortized value of RSUs	$ 2,542,000	$ 2,043,000	$ 1,706,000
Shares withheld for income taxes related to share issued for RSU		4,221
Value of shares withheld for income taxes on restricted shares issued		$ 146,500
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures		10,049
Maximum [Member] | Restricted Stock Units (RSUs) [Member] | Vesting Based On Service [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Minimum [Member] | Restricted Stock Units (RSUs) [Member] | Vesting Based On Service [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	2 years

Stock-Based Benefit Plans (De94

Stock-Based Benefit Plans (Details 10) - Vesting Based On Service In Lieu RSUs [Member] - Restricted Stock Units (RSUs) [Member] - USD ($)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2009
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures		62,051
Salary Deferral Charged to Selling General and Administrative Expense		$ 130,000
Shares Paid for Tax Withholding for Share Based Compensation	8,509
Aggregate Fair Market Value of Shares Withheld	$ 308,000
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures	29,460

Stock-Based Benefit Plans ESPP

Stock-Based Benefit Plans ESPP (Details 11) - Employee Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Discounted Market Price of Common Stock on Specified Offering Dates without Restriction under Employee Stock Purchase Plan	95.00%
Discounted Market Price of Common Stock on Specified Offering Dates Subject to Restrictions under Employee Stock Purchase Plan	85.00%
Shares Reserved for Employee Stock Purchase Plan	1,200,000
Common Stock, Capital Shares Reserved for Future Issuance	537,000
Stock Issued During Period, Shares, Employee Stock Purchase Plans	26,674	24,275	20,362
Employee Stock Ownership Plan (ESOP), Weighted Average Purchase Price of Shares Purchased	$ 31.65	$ 30.59	$ 28.71
Employee Stock Ownership Plan (ESOP), Compensation Expense	$ 113	$ 98	$ 77

Income Per Share Information (D

Income Per Share Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Sep. 05, 2012
Earnings Per Share [Abstract]
Net Income Attributable to Parent	$ 147,163	$ 66,749	$ 67,930	$ 81,325	$ 131,524	$ 97,707	$ 65,222	$ 45,580	$ 363,167	$ 340,032	$ 170,606
Interest on Convertible Debt, Net of Tax									1,561	1,557	1,604
Net Income Available to Common Stockholders, Diluted									$ 364,728	$ 341,589	$ 172,210
Basic weighted-average shares	176,370	176,797	176,458	176,076	177,540	178,217	178,082	176,474	176,425	177,578	169,288
Common stock equivalents									2,420	2,439	2,817
Incremental Common Shares Attributable to Conversion of Debt Securities									5,858	5,858	5,858
Diluted weighted-average shares	184,736	185,133	184,838	184,107	185,669	186,501	186,442	184,888	184,703	185,875	177,963
Debt Instrument, Interest Rate, Stated Percentage												0.50%
Debt Instrument [Line Items]
Shares Issued under Stock Incentive and Employee Stock Purchase Plans									1,467	1,453	1,213
Restricted Stock Units RSU And Employee Stock Option Member [Member]
Debt Instrument [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount									1,826	1,970	1,509
Senior Notes Due 2032 [Member]
Earnings Per Share [Abstract]
Debt Instrument, Interest Rate, Stated Percentage	0.50%								0.50%			0.50%

Fair Value Disclosures (Level 4

Fair Value Disclosures (Level 4 FV of Fin Instr) (Details) - Fair Value, Measurements, Recurring [Member] - Level 2 [Member] - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Forward Contracts [Member] | Residential Mortgage [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset/(Liability)	$ 186	$ (341)
Corporate Debt Securities [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Fair value of securities	10,001	12,026
Assets Held-for-sale [Member] | Residential Mortgage [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Loans Held-for-sale, Fair Value Disclosure	123,175	101,944
Interest Rate Lock Commitments [Member] | Forward Contracts [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	297	108
Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset/(Liability)	$ (297)	$ (108)

Fair Value Disclosures (Level98

Fair Value Disclosures (Level 4 loan UPB vs FV) (Details 1) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Aggregate unpaid principal and fair value of mortgage loans held for sale
Mortgage Loans on Real Estate, Commercial and Consumer, Net	$ 123,175	$ 101,944
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Assets Held-for-sale [Member] | Residential Mortgage [Member]
Aggregate unpaid principal and fair value of mortgage loans held for sale
Loans Receivable Held-for-sale, Amount	121,904	100,463
Mortgage Loans on Real Estate, Commercial and Consumer, Net	123,175	101,944
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables	$ 1,271	$ 1,481

Fair Value Disclosures (Level99

Fair Value Disclosures (Level 4 marketable securities) (Details 2)	12 Months Ended
	Oct. 31, 2015
Fair Value Disclosures (Textual) [Abstract]
Marketable Securities Maturities Term Minimum	1 month

Fair Value Disclosures (Leve100

Fair Value Disclosures (Level 4 Inv Impair inputs) (Details 3) - Operating communities [Member] $ in Thousands	3 Months Ended
	Oct. 31, 2015USD ($)Homes_sold	Jul. 31, 2015USD ($)Homes_sold	Apr. 30, 2015USD ($)Homes_sold	Jan. 31, 2015USD ($)Homes_sold	Oct. 31, 2014USD ($)	Jul. 31, 2014USD ($)	Apr. 30, 2014USD ($)	Jan. 31, 2014USD ($)
Minimum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price	$ 301	$ 788	$ 527	$ 289	$ 337	$ 698	$ 634	$ 388
Sales Pace	3	4	13	1	7	10	4	21
Fair Value Inputs, Discount Rate	16.30%	15.50%	17.00%	13.50%	12.50%	15.90%	12.00%	16.60%
Maximum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price	$ 764	$ 1,298	$ 600	$ 680	$ 902	$ 1,233	$ 760	$ 405
Sales Pace	24	8	25	7	23	22	7	23
Fair Value Inputs, Discount Rate	22.00%	16.20%	17.00%	16.00%	16.50%	15.90%	15.30%	16.60%

Fair Value Disclosures (Leve101

Fair Value Disclosures (Level 4 inventory fv) (Details 4) $ in Thousands	3 Months Ended												12 Months Ended
	Oct. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Jul. 31, 2014USD ($)	Apr. 30, 2014USD ($)	Jan. 31, 2014USD ($)	Oct. 31, 2013USD ($)	Jul. 31, 2013USD ($)	Apr. 30, 2013USD ($)	Jan. 31, 2013USD ($)	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory impairments and write-offs													$ 35,709	$ 20,678	$ 4,523
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Operating communities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number of Operating Communities Tested	44	40	52	58	55	63	65	67	63	76	79	60
Number of Communities impaired	3	3	1	4	7	1	2	1	2	1	1	2
Fair Value Of Communities Net Of Impairment Charges	$ 8,726	$ 13,527	$ 16,235	$ 24,968	$ 38,473	$ 14,122	$ 6,211	$ 7,131	$ 6,798	$ 191	$ 749	$ 5,377	8,726	38,473	6,798
Inventory impairments and write-offs	$ 4,300	$ 6,000	$ 11,100	$ 900	$ 9,855	$ 4,800	$ 1,600	$ 1,300	$ 2,200	$ 100	$ 340	$ 700	$ 22,300	$ 17,555	$ 3,340

Fair Value Disclosures (Leve102

Fair Value Disclosures (Level 4 debt fv) (Details 6) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	$ 3,978,405	$ 3,564,784
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	2,877,039	2,821,559
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	1,001,366	652,944
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Warehouse Agreement Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	100,000	90,281
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	3,809,078	3,401,918
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	2,707,376	2,657,376
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	1,001,702	654,261
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Warehouse Agreement Borrowings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	$ 100,000	$ 90,281

Employee Retirement and Defe103

Employee Retirement and Deferred Compensation Plans (Details Textual) $ in Millions	12 Months Ended
	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2013USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized	$ 8.9	$ 7.8	$ 6.4
Number of Unfunded Defined Benefit Retirement Plans	2
Normal retirement age	62
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.55%	3.55%	4.01%
Defined Benefit Plan Unfunded Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accrued for obligations under the plan	$ 21.6	$ 20.4

Employee Retirement and Defe104

Employee Retirement and Deferred Compensation Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Projected benefit obligation [Roll Forward]
Plan amendments adopted during year	$ 768	$ 511	$ 826
Defined Benefit Plan, Benefit Obligation, Period Increase (Decrease)	(382)	1,183	(3,636)
Unamortized Prior Service Cost [Roll Forward]
Plan amendments adopted during year	768	511	826
Supplemental Employee Retirement Plan [Member]
Plan costs
Service cost	579	470	471
Interest cost	1,232	1,277	1,044
Amortization of prior service obligation	806	662	843
Amortization of unrecognized losses	81	8	144
Total costs	2,698	2,417	2,502
Projected benefit obligation [Roll Forward]
Projected Benefit Obligation, beginning of year	34,606	32,136	34,319
Plan amendments adopted during year	768	511	826
Service cost	579	470	471
Interest cost	1,232	1,277	1,044
Benefits paid	(988)	(971)	(888)
Defined Benefit Plan, Benefit Obligation, Period Increase (Decrease)	(382)	1,183	(3,636)
Projected Benefit Obligation, end of year	35,815	34,606	32,136
Unamortized Prior Service Cost [Roll Forward]
Unamorized Prior Service Cost, beginning of year	3,003	3,154	3,171
Plan amendments adopted during year	768	511	826
Amortization of prior service cost	(806)	(662)	(843)
Unamorized Prior Service Cost, end of year	2,965	3,003	3,154
Accumulated unrecognized loss				$ 1,240	$ 1,703	$ 527
Accumulated Benefit Obligation				35,815	34,606	32,136
Accrued Benefit Obligation	34,606	$ 32,136	$ 34,319	35,815	$ 34,606	$ 32,136
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year	$ 988
Defined Benefit Plan, Expected Future Benefit Payments, Year Two				2,028
Defined Benefit Plan, Expected Future Benefit Payments, Year Three				2,124
Defined Benefit Plan, Expected Future Benefit Payments, Year Four				2,468
Defined Benefit Plan, Expected Future Benefit Payments, Year Five				2,576
Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter				$ 14,214

Accumulated Other Comprehens105

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive (Loss) Income, Net of Tax	$ (2,838)	$ (2,387)
Other comprehensive (loss) income before reclassifications	(358)	(1,317)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	887	664
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	(200)	202
Other Comprehensive Income (Loss), Net of Tax	329	(451)	$ 2,432
Accumulated Other Comprehensive (Loss) Income, Net of Tax	(2,509)	(2,838)	(2,387)
Employee Retirement Plans [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive (Loss) Income, Net of Tax	(2,789)	(2,112)
Other comprehensive (loss) income before reclassifications	(387)	(1,694)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	887	670
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	(189)	347
Other Comprehensive Income (Loss), Net of Tax	311	(677)
Accumulated Other Comprehensive (Loss) Income, Net of Tax	(2,478)	(2,789)	(2,112)
Available-for-sale Securities [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive (Loss) Income, Net of Tax	(2)	(5)
Other comprehensive (loss) income before reclassifications	$ 3	13
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax		(6)
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	$ (1)	(4)
Other Comprehensive Income (Loss), Net of Tax	2	3
Accumulated Other Comprehensive (Loss) Income, Net of Tax	0	(2)	(5)
Derivative Instruments [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated Other Comprehensive (Loss) Income, Net of Tax	(47)	(270)
Other comprehensive (loss) income before reclassifications	$ 26	$ 364
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	$ (10)	$ (141)
Other Comprehensive Income (Loss), Net of Tax	16	223
Accumulated Other Comprehensive (Loss) Income, Net of Tax	$ (31)	$ (47)	$ (270)

Commitments and Contingencie106

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Company's purchase commitments
Purchase Obligation	$ 1,217,348	$ 1,227,914
Land Purchase Commitment To Unrelated Party [Member]
Company's purchase commitments
Purchase Obligation	1,081,008	1,043,654
Land Parcel Purchase Commitment [Member]
Company's purchase commitments
Deposits against aggregate purchase commitments	79,072	103,422
Additional cash required to acquire land	1,138,276	1,124,492
Total	1,217,348	1,227,914
Amount of Additional Cash Required to Acquire Land Included in Accrued Expenses	$ 4,809	$ 764

Commitments and Contingencie107

Commitments and Contingencies (Details 1) - Loan Origination Commitments [Member] - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Company's mortgage commitments
Unused Commitments to Extend Credit	$ 1,257,427	$ 901,005
Investor commitments to purchase	432,043	284,865
Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	316,184	191,604
Investor commitments to purchase	316,184	191,604
Non IRLC [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	941,243	709,401
Mortgage loans receivable [Member]
Company's mortgage commitments
Investor commitments to purchase	$ 115,859	$ 93,261

Commitments and Contingencie108

Commitments and Contingencies (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Operating Leases, Rent Expense, Net [Abstract]
Operating Leases, Rent Expense	$ 12,584	$ 12,385	$ 10,973

Commitments and Contingencie109

Commitments and Contingencies (Details 3) $ in Thousands	Oct. 31, 2015USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 11,048
Operating Leases, Future Minimum Payments, Due in Two Years	9,009
Operating Leases, Future Minimum Payments, Due in Three Years	7,072
Operating Leases, Future Minimum Payments, Due in Four Years	5,297
Operating Leases, Future Minimum Payments, Due in Five Years	1,166
Operating Leases, Future Minimum Payments, Due Thereafter	349
Operating Leases, Future Minimum Payments Due	$ 33,941

Commitments and Contingencie110

Commitments and Contingencies (Details Textual) $ in Thousands	12 Months Ended
	Oct. 31, 2015USD ($)home_sitesjoint_ventures	Oct. 31, 2014USD ($)
Long-term Purchase Commitment [Line Items]
Purchase Obligation	$ 1,217,348	$ 1,227,914
Expected Lot Purchase | home_sites	3,600
Land Development Joint Venture [Member]
Long-term Purchase Commitment [Line Items]
Number of JV with Purchase Commitments | joint_ventures	1
Land Purchase Commitment To JV [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	$ 136,340	$ 184,260
Land for Apartment Development Purchase Commitment [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	69,400
Deposits on purchase commitment to acquire land for apartment development	2,400
Lease On Land For High-Rise Cooperative Owned Building [Member]
Long-term Purchase Commitment [Line Items]
Deposits on purchase commitment to acquire land for apartment development	$ 4,700
Lessee Leasing Arrangements, Operating Leases, Term of Contract	99 years
Purchase commitments to acquire land for apartment development	$ 17,300
Estimated number of years to be paid	2 years
Estimated lease payments	$ 4,700
Commitment To Acquire Home Sites [Member] | Land Development Joint Venture [Member]
Long-term Purchase Commitment [Line Items]
Unrecorded Unconditional Purchase Obligation, Maximum Quantity | home_sites	378

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Details Textual 1) $ in Millions	Oct. 31, 2015USD ($)luxury_homes
Backlog Information [Abstract]
Number of homes to be delivered | luxury_homes	4,064
Aggregate sales value of outstanding homes to be delivered	$ 3,500
Revolving Credit Facility [Member]
Loss Contingencies [Line Items]
Letters of Credit Outstanding, Amount	118.9
Surety Bond Construction Improvements [Member]
Loss Contingencies [Line Items]
Outstanding Surety Bonds Amount	606.6
Amount of work remains on improvements in the Company's various communities	354.7
Surety Bond Other Obligations [Member]
Loss Contingencies [Line Items]
Additional outstanding surety bonds	$ 116.6

Other Income - Net (Details)

Other Income - Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Other Nonoperating Income By Component [Line Items]
Interest income	$ 1,939	$ 2,493	$ 4,457
Income from Ancillary Businesses	23,530	10,653	9,912
Management fee income from unconsolidated entities	11,299	7,306	2,890
Retained customer deposits	5,224	3,067	2,534
Land sales, net	$ 13,150	$ 25,489	4,435
Income recognized from settlement of litigation			$ 13,229
Directly expensed interest		$ (656)
Other	$ 2,263	3,476	$ 4,596
Total other income - net	67,573	66,192	52,238
Revenues and expenses of non-core ancillary businesses
Revenue	119,732	100,284	89,182
Expense	96,202	89,631	79,270
Revenues and expenses from land sales [Abstract]
Revenue	183,870	$ 242,931	29,252
Retail Land Sales, Installment Method, Gross Profit, Deferred
Expense	(161,460)	$ (217,442)	(24,817)
Land sales, net	13,150	25,489	4,435
Gibraltar [Member]
Other Nonoperating Income By Component [Line Items]
Gibraltar	10,168	$ 14,364	$ 10,185
Home Building Joint Venture Metro New York Three [Member]
Revenues and expenses from land sales [Abstract]
Revenue	78,500
Retail Land Sales, Installment Method, Gross Profit, Deferred	$ (9,260)

Other Income (Details Textual)

Other Income (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses	$ 23,530	$ 10,653	$ 9,912
Land Sales	$ 183,870	$ 242,931	$ 29,252
Deferred gain on land sale to joint venture
Toll Brothers Realty Trust 2 [Member]
Schedule of Equity Method Investments [Line Items]
Land Sales		$ 2,900
Equity Method Investment, Ownership Percentage	50.00%
Home Building Joint Venture Metro New York Three [Member]
Schedule of Equity Method Investments [Line Items]
Land Sales	$ 78,500
Equity Method Investment, Ownership Percentage	25.00%
Deferred gain on land sale to joint venture	$ 9,260
Security Monitoring Business [Member]
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses	$ 8,100

Other Income - Net (Details Tex

Other Income - Net (Details Textuals 1)	12 Months Ended
	Oct. 31, 2014
Settled Litigation [Member]
Loss Contingencies [Line Items]
Number of derivative lawsuits	3

Information on Operating Seg115

Information on Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Revenues
Revenues	$ 1,437,202	$ 1,028,011	$ 852,583	$ 853,452	$ 1,350,690	$ 1,056,857	$ 860,374	$ 643,681	$ 4,171,248	$ 3,911,602	$ 2,674,299
Income (loss) before income taxes
Income before income taxes	217,543	$ 107,464	$ 86,532	$ 124,023	188,538	$ 151,325	$ 93,484	$ 71,235	535,562	504,582	267,697
Total assets
Total assets	9,206,515				8,398,457				9,206,515	8,398,457
North [Member]
Revenues
Revenues									702,175	662,734	485,052
Income (loss) before income taxes
Income before income taxes									59,172	56,983	32,648
Total assets
Total assets	1,061,777				1,053,787				1,061,777	1,053,787
Mid-Atlantic [Member]
Revenues
Revenues									845,328	817,306	652,855
Income (loss) before income taxes
Income before income taxes									69,093	78,971	79,801
Total assets
Total assets	1,225,988				1,267,563				1,225,988	1,267,563
South [Member]
Revenues
Revenues									892,303	836,498	641,331
Income (loss) before income taxes
Income before income taxes									152,991	113,584	67,934
Total assets
Total assets	1,196,650				1,165,600				1,196,650	1,165,600
West [Member]
Revenues
Revenues									665,282	517,925	369,697
Income (loss) before income taxes
Income before income taxes									106,365	78,802	42,731
Total assets
Total assets	949,566				755,849				949,566	755,849
California [Member]
Revenues
Revenues									750,036	795,802	354,673
Income (loss) before income taxes
Income before income taxes									139,133	157,561	68,570
Total assets
Total assets	2,243,309				1,920,315				2,243,309	1,920,315
Traditional Homebuilding [Member]
Revenues
Revenues									3,855,124	3,630,265	2,503,608
Income (loss) before income taxes
Income before income taxes									526,754	485,901	291,684
Total assets
Total assets	6,677,290				6,163,114				6,677,290	6,163,114
City Living [Member]
Revenues
Revenues									316,124	281,337	170,691
Income (loss) before income taxes
Income before income taxes									124,290	104,580	$ 53,345
Total assets
Total assets	873,013				834,949				$ 873,013	$ 834,949
Corporate and other [Member]
Revenues
Revenues
Income (loss) before income taxes
Income before income taxes									$ (115,482)	$ (85,899)	$ (77,332)
Total assets
Total assets	$ 1,656,212				$ 1,400,394				$ 1,656,212	$ 1,400,394

Information on Operating Seg116

Information on Operating Segments (Details 1) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	$ 412,860	$ 447,078
Inventory
Inventory	6,997,516	6,490,321
Land controlled for future communities [Member]
Inventory
Inventory	75,214	122,533
Land Owned for Future Communities [Member]
Inventory
Inventory	2,033,447	2,355,874
Operating communities [Member]
Inventory
Inventory	4,888,855	4,011,914
North [Member]
Inventory
Inventory	1,024,474	1,018,053
North [Member] | Land controlled for future communities [Member]
Inventory
Inventory	12,858	12,007
North [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	146,063	171,780
North [Member] | Operating communities [Member]
Inventory
Inventory	865,553	834,266
Mid-Atlantic [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	12,167	11,841
Inventory
Inventory	1,184,003	1,233,534
Mid-Atlantic [Member] | Land controlled for future communities [Member]
Inventory
Inventory	33,196	29,169
Mid-Atlantic [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	194,058	209,506
Mid-Atlantic [Member] | Operating communities [Member]
Inventory
Inventory	956,749	994,859
South [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	97,041	98,362
Inventory
Inventory	1,016,936	1,024,710
South [Member] | Land controlled for future communities [Member]
Inventory
Inventory	4,861	10,971
South [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	205,562	219,904
South [Member] | Operating communities [Member]
Inventory
Inventory	$ 806,513	793,835
West [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities		1,841
Inventory
Inventory	$ 933,362	739,905
West [Member] | Land controlled for future communities [Member]
Inventory
Inventory	8,417	18,780
West [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	198,689	201,710
West [Member] | Operating communities [Member]
Inventory
Inventory	726,256	519,415
California [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	128,338	57,732
Inventory
Inventory	2,063,173	1,851,065
California [Member] | Land controlled for future communities [Member]
Inventory
Inventory	14,386	3,342
California [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	899,675	1,189,318
California [Member] | Operating communities [Member]
Inventory
Inventory	1,149,112	658,405
Traditional Homebuilding [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	237,546	169,776
Inventory
Inventory	6,221,948	5,867,267
Traditional Homebuilding [Member] | Land controlled for future communities [Member]
Inventory
Inventory	73,718	74,269
Traditional Homebuilding [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	1,644,047	1,992,218
Traditional Homebuilding [Member] | Operating communities [Member]
Inventory
Inventory	4,504,183	3,800,780
City Living [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	52,634	159,953
Inventory
Inventory	775,568	623,054
City Living [Member] | Land controlled for future communities [Member]
Inventory
Inventory	1,496	48,264
City Living [Member] | Land Owned for Future Communities [Member]
Inventory
Inventory	389,400	363,656
City Living [Member] | Operating communities [Member]
Inventory
Inventory	384,672	211,134
Corporate and other [Member]
Segment Reporting Inventory Impairment Charges and Costs of Inventory and Investments [Line Items]
Investments in unconsolidated entities	$ 122,680	$ 117,349

Information on Operating Seg117

Information on Operating Segments (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 35,709	$ 20,678	$ 4,523
North [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	15,033	9,148	1,762
Mid-Atlantic [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	19,488	9,069	522
South [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	720	2,285	2,400
West [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 420	169	365
California [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down		7	(526)
Traditional Homebuilding [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 35,661	$ 20,678	$ 4,523
City Living [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 48

Information on Operating Seg118

Information on Operating Segments (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013	Aug. 11, 2014
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	$ 412,860	$ 447,078
Income (loss) from unconsolidated entities	21,119	41,141	$ 14,392
Mid-Atlantic [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	$ 12,167	11,841
Income (loss) from unconsolidated entities		(8)
South [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	$ 97,041	98,362
Income (loss) from unconsolidated entities	$ 11,074	2,621	$ 184
West [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities		1,841
Income (loss) from unconsolidated entities	$ 447	(166)	(183)
California [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	128,338	57,732
Income (loss) from unconsolidated entities	5,089	302	3,584
Traditional Homebuilding [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	237,546	169,776
Income (loss) from unconsolidated entities	16,610	2,749	3,585
City Living [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	52,634	159,953
Income (loss) from unconsolidated entities	(1,158)	(3,593)	1,174
Corporate and other [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	122,680	117,349
Income (loss) from unconsolidated entities	5,667	41,985	$ 9,633
Rental Property Joint Venture College Park, Maryland [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities	$ 12,700			$ 11,900
Rental Property Joint Venture College Park, Maryland [Member] | Corporate and other [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in unconsolidated entities		$ 12,400

Supplemental Disclosure to S119

Supplemental Disclosure to Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Cash flow information:
Interest paid, net of amount capitalized	$ 23,930	$ 10,131	$ 18,187
Income tax payment	205,412	71,608	3,130
Income tax refunds	16,965	8	1,190
Non-cash activity:
Cost of inventory acquired through seller financing or municipal bonds, net	67,890	96,497	45,726
Financed portion of land sale	2,273	6,586	7,200
Reduction in inventory for Company's share of earnings in land purchased from unconsolidated entities	$ 9,188	$ 4,177	3,035
Transfer of investment in REO to inventory			764
Reclassification of deferred income from inventory to accrued liabilities			4,545
Reclassification of inventory to property, construction and office equipment		$ 9,482	5,576
Increase (decrease) in unrecognized losses in defined benefit plans	$ (382)	1,183	(3,636)
Defined benefit retirement plan amendment	768	511	$ 826
Deferred tax decrease related to exercise of stock options included in APIC	$ 2,325	312
Increase in accrued expenses related to Stock Price-Based RSUs paid		5,086	$ 2,942
Income tax (expense) benefit recognized in total comprehensive income	$ (200)	202	(1,512)
Transfer of inventory to investment in unconsolidated entities		4,152	$ 54,761
Non cash transfer of investment in unconsolidated investments to inventory	$ 132,256	$ 2,704
Non Cash Transfer Of Other Assets To Investment In Unconsolidated Entities	4,852
Unrealized gain (loss) on derivative held by equity investee	26	$ 364	$ 435
Increase in investments in unconsolidated entities for change in the fair value of debt guarantees	1,843	1,356	1,582
Miscellaneous (decreases) increases to investments in unconsolidated entities	$ 144	249	$ (1,811)
Acquisition of a Business:
Business Combination, Assets Acquired Net Of Cash Acquired		1,524,964
Fair Value of Liabilities Assumed Business Combination		35,848
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,489,116

Supplemental Guarantor Infor120

Supplemental Guarantor Information (Level 4 Senior Note table) (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 30, 2015	Oct. 31, 2014	Sep. 05, 2012
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 2,689,801		$ 2,638,241
Interest rate on notes				0.50%
Senior Notes Due 2017 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	400,000
Senior notes	$ 400,000
Interest rate on notes	8.91%
Senior Notes Due 2018 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 350,000
Senior notes	$ 350,000
Interest rate on notes	4.00%
Senior Notes Due 2019 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 250,000
Senior notes	$ 250,000
Interest rate on notes	6.75%
Senior Notes Due 2022 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 419,876
Senior notes	$ 419,876
Interest rate on notes	5.875%
Senior Notes Due 2023 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 400,000
Senior notes	$ 400,000
Interest rate on notes	4.375%
Senior Notes Due 2024 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 250,000
Senior notes	$ 250,000
Interest rate on notes	5.63%
4.875% Senior Notes Due 2025 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 350,000
Senior notes	$ 350,000
Interest rate on notes	4.875%	4.875%
Senior Notes Due 2032 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 287,500
Senior notes	$ 287,500
Interest rate on notes	0.50%			0.50%

Supplemental Guarantor Infor121

Supplemental Guarantor Information (Level 4 BS) (Details 1) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
ASSETS
Cash and cash equivalents	$ 918,993	$ 586,315	$ 586,315	$ 772,972	$ 778,824
Marketable securities	10,001	12,026
Restricted Cash and Cash Equivalents	16,795	18,342
Inventory	6,997,516	6,490,321
Property, construction and office equipment, net	136,755	143,010
Receivables, prepaid expenses, and other assets	284,130	233,127
Mortgage loans held for sale	123,175	101,944
Customer deposits held in escrow	56,105	42,073
Investments in unconsolidated entities	412,860	447,078
Investments in foreclosed real estate and distressed loans	51,730	73,800
Investments in and Advances to Affiliates, Amount of Equity	0	0
Deferred tax assets, net of valuation allowances	198,455	250,421
Total assets	9,206,515	8,398,457
Liabilities:
Loans payable	1,000,439	652,619
Senior notes	2,689,801	2,638,241
Mortgage company loan facility	100,000	90,281
Customer deposits	284,309	223,799
Accounts payable	236,953	225,347
Accrued expenses	608,066	581,477	$ 581,477
Advances from Affiliiate	0	0
Income taxes payable	58,868	125,996
Total liabilities	4,978,436	4,537,760
Stockholders’ equity:
Common stock	1,779	1,779
Additional paid-in capital	728,125	712,162
Retained earnings	3,595,202	3,232,035
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively	(100,040)	(88,762)
Accumulated other comprehensive loss	(2,509)	(2,838)		(2,387)
Total stockholders' equity	4,222,557	3,854,376
Noncontrolling interest	5,522	6,321
Total equity	4,228,079	3,860,697		3,339,164	3,127,871
Total liabilities and stockholders' equity	9,206,515	8,398,457
Toll Brothers Inc. [Member]
ASSETS
Cash and cash equivalents	$ 0	$ 0		0	0
Marketable securities
Restricted Cash and Cash Equivalents	$ 15,227	$ 15,211
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses, and other assets	$ 52
Mortgage loans held for sale
Customer deposits held in escrow
Investments in unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and Advances to Affiliates, Amount of Equity	$ 4,067,722	$ 3,714,788
Deferred tax assets, net of valuation allowances	198,455	250,421
Total assets	$ 4,281,456	$ 3,980,420
Liabilities:
Loans payable
Senior notes
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses
Advances from Affiliiate
Income taxes payable	$ 58,868	$ 125,996
Total liabilities	58,868	125,996
Stockholders’ equity:
Common stock	1,779	1,779
Additional paid-in capital	728,125	712,162
Retained earnings	3,595,202	3,232,035
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively	(100,040)	(88,762)
Accumulated other comprehensive loss	(2,478)	(2,790)
Total stockholders' equity	$ 4,222,588	$ 3,854,424
Noncontrolling interest
Total equity	$ 4,222,588	$ 3,854,424
Total liabilities and stockholders' equity	4,281,456	3,980,420
Subsidiary Issuer [Member]
ASSETS
Cash and cash equivalents	$ 0	$ 0		0	0
Marketable securities
Restricted Cash and Cash Equivalents
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses, and other assets
Mortgage loans held for sale
Customer deposits held in escrow
Investments in unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and Advances to Affiliates, Amount of Equity	$ 2,726,428	$ 2,677,448
Deferred tax assets, net of valuation allowances
Total assets	$ 2,726,428	$ 2,677,448
Liabilities:
Loans payable
Senior notes	$ 2,669,860	$ 2,608,910
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	$ 25,699	$ 31,906
Advances from Affiliiate
Income taxes payable
Total liabilities	$ 2,695,559	$ 2,640,816
Stockholders’ equity:
Common stock
Additional paid-in capital	$ 49,400	$ 49,400
Retained earnings	$ (18,531)	$ (12,768)
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively
Accumulated other comprehensive loss
Total stockholders' equity	$ 30,869	$ 36,632
Noncontrolling interest
Total equity	$ 30,869	$ 36,632
Total liabilities and stockholders' equity	2,726,428	2,677,448
Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	$ 783,599	455,714		670,102	712,024
Marketable securities		1,997
Restricted Cash and Cash Equivalents	$ 499	2,070
Inventory	6,530,698	6,260,303
Property, construction and office equipment, net	121,178	126,586
Receivables, prepaid expenses, and other assets	$ 149,268	$ 113,221
Mortgage loans held for sale
Customer deposits held in escrow	$ 51,767	$ 39,912
Investments in unconsolidated entities	$ 115,999	$ 132,096
Investments in foreclosed real estate and distressed loans
Investments in and Advances to Affiliates, Amount of Equity	$ 4,740	$ 4,740
Deferred tax assets, net of valuation allowances
Total assets	$ 7,757,748	$ 7,136,639
Liabilities:
Loans payable	$ 1,000,439	$ 651,627
Senior notes
Mortgage company loan facility
Customer deposits	$ 271,124	$ 221,084
Accounts payable	236,436	225,106
Accrued expenses	361,089	386,223
Advances from Affiliiate	$ 1,932,075	$ 2,018,981
Income taxes payable
Total liabilities	$ 3,801,163	$ 3,503,021
Stockholders’ equity:
Common stock	$ 48	$ 48
Additional paid-in capital
Retained earnings	$ 3,956,568	$ 3,633,618
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively
Accumulated other comprehensive loss	$ (31)	$ (48)
Total stockholders' equity	$ 3,956,585	$ 3,633,618
Noncontrolling interest
Total equity	$ 3,956,585	$ 3,633,618
Total liabilities and stockholders' equity	7,757,748	7,136,639
Non-Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	135,394	130,601		102,870	66,800
Marketable securities	10,001	10,029
Restricted Cash and Cash Equivalents	1,069	1,061
Inventory	466,818	230,018
Property, construction and office equipment, net	15,577	16,424
Receivables, prepaid expenses, and other assets	178,680	137,496
Mortgage loans held for sale	123,175	101,944
Customer deposits held in escrow	4,338	2,161
Investments in unconsolidated entities	296,861	314,982
Investments in foreclosed real estate and distressed loans	$ 51,730	$ 73,800
Investments in and Advances to Affiliates, Amount of Equity
Deferred tax assets, net of valuation allowances
Total assets	$ 1,283,643	$ 1,018,516
Liabilities:
Loans payable		$ 992
Senior notes
Mortgage company loan facility	$ 100,000	$ 90,281
Customer deposits	13,185	2,715
Accounts payable	517	241
Accrued expenses	266,411	181,649
Advances from Affiliiate	$ 850,374	$ 708,167
Income taxes payable
Total liabilities	$ 1,230,487	$ 984,045
Stockholders’ equity:
Common stock	3,006	3,006
Additional paid-in capital	1,734	1,734
Retained earnings	$ 42,894	$ 23,410
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively
Accumulated other comprehensive loss
Total stockholders' equity	$ 47,634	$ 28,150
Noncontrolling interest	5,522	6,321
Total equity	53,156	34,471
Total liabilities and stockholders' equity	1,283,643	1,018,516
Eliminations [Member]
ASSETS
Cash and cash equivalents	$ 0	$ 0		$ 0	$ 0
Marketable securities
Restricted Cash and Cash Equivalents
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses, and other assets	$ (43,870)	$ (17,590)
Mortgage loans held for sale
Customer deposits held in escrow
Investments in unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and Advances to Affiliates, Amount of Equity	$ (6,798,890)	$ (6,396,976)
Deferred tax assets, net of valuation allowances
Total assets	$ (6,842,760)	$ (6,414,566)
Liabilities:
Loans payable
Senior notes	$ 19,941	$ 29,331
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	$ (45,133)	$ (18,301)
Advances from Affiliiate	$ (2,782,449)	$ (2,727,148)
Income taxes payable
Total liabilities	$ (2,807,641)	$ (2,716,118)
Stockholders’ equity:
Common stock	(3,054)	(3,054)
Additional paid-in capital	(51,134)	(51,134)
Retained earnings	$ (3,980,931)	$ (3,644,260)
Treasury stock, at cost -- 3,084 shares and 2,884 shares at October 31, 2015 and October 31, 2014, respectively
Accumulated other comprehensive loss
Total stockholders' equity	$ (4,035,119)	$ (3,698,448)
Noncontrolling interest
Total equity	$ (4,035,119)	$ (3,698,448)
Total liabilities and stockholders' equity	$ (6,842,760)	$ (6,414,566)

Supplemental Guarantor Infor122

Supplemental Guarantor Information (Level 4 IS) (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Supplemental Condensed Consolidating Statement of Operations
Revenues	$ 1,437,202	$ 1,028,011	$ 852,583	$ 853,452	$ 1,350,690	$ 1,056,857	$ 860,374	$ 643,681	$ 4,171,248	$ 3,911,602	$ 2,674,299
Cost of revenues									3,269,270	3,081,837	2,133,300
Selling, general and administrative									455,108	432,516	339,932
Total									3,724,378	3,514,353	2,473,232
Income (loss) from operations									446,870	397,249	201,067
Other [Abstract]
Income (loss) from unconsolidated entities									21,119	41,141	14,392
Other income - net									67,573	66,192	52,238
Intercompany interest income									0	0	0
Interest Expense									0	0	0
Loss from subsidiaries									0	0	0
Income (loss) before income tax benefit	217,543	107,464	86,532	124,023	188,538	151,325	93,484	71,235	535,562	504,582	267,697
Income tax provision									172,395	164,550	97,091
Net income	$ 147,163	$ 66,749	$ 67,930	$ 81,325	$ 131,524	$ 97,707	$ 65,222	$ 45,580	363,167	340,032	170,606
Other Comprehensive Income (Loss), Net of Tax									329	(451)	2,432
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									$ 363,496	$ 339,581	$ 173,038
Toll Brothers Inc. [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Selling, general and administrative									$ 113	$ 132	$ 188
Total									113	132	188
Income (loss) from operations									$ (113)	$ (132)	$ (188)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net									$ 9,429	$ 9,403	$ 9,433
Intercompany interest income
Interest Expense
Loss from subsidiaries									$ 526,246	$ 495,311	$ 258,452
Income (loss) before income tax benefit									535,562	504,582	267,697
Income tax provision									172,395	164,550	97,091
Net income									363,167	340,032	170,606
Other Comprehensive Income (Loss), Net of Tax									311	(677)	2,334
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									$ 363,478	$ 339,355	$ 172,940
Subsidiary Issuer [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Selling, general and administrative									$ 3,560	$ 3,670	$ 2,963
Total									3,560	3,670	2,963
Income (loss) from operations									$ (3,560)	$ (3,670)	$ (2,963)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net
Intercompany interest income									$ 137,362	$ 148,177	$ 127,057
Interest Expense									$ (143,193)	$ (153,898)	$ (133,500)
Loss from subsidiaries
Income (loss) before income tax benefit									$ (9,391)	$ (9,391)	$ (9,406)
Income tax provision									(3,628)	(3,609)	(3,691)
Net income									$ (5,763)	$ (5,782)	$ (5,715)
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									$ (5,763)	$ (5,782)	$ (5,715)
Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues									4,213,776	3,950,509	2,711,438
Cost of revenues									3,276,078	3,098,048	2,149,554
Selling, general and administrative									481,943	457,808	364,256
Total									3,758,021	3,555,856	2,513,810
Income (loss) from operations									455,755	394,653	197,628
Other [Abstract]
Income (loss) from unconsolidated entities									14,034	40,588	9,318
Other income - net									$ 34,098	$ 40,594	$ 32,217
Intercompany interest income
Interest Expense
Loss from subsidiaries									$ 22,359	$ 19,476	$ 19,289
Income (loss) before income tax benefit									526,246	495,311	258,452
Income tax provision									203,296	190,349	101,416
Net income									322,950	304,962	157,036
Other Comprehensive Income (Loss), Net of Tax									18	202	114
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									322,968	305,164	157,150
Non-Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues									77,226	79,097	70,107
Cost of revenues									12,909	9,406	10,043
Selling, general and administrative									60,377	55,721	48,413
Total									73,286	65,127	58,456
Income (loss) from operations									3,940	13,970	11,651
Other [Abstract]
Income (loss) from unconsolidated entities									7,085	553	5,074
Other income - net									$ 21,724	$ 15,416	$ 12,616
Intercompany interest income
Interest Expense									$ (999)	$ (1,072)	$ (646)
Loss from subsidiaries
Income (loss) before income tax benefit									$ 31,750	$ 28,867	$ 28,695
Income tax provision									12,265	11,094	11,260
Net income									$ 19,485	17,773	17,435
Other Comprehensive Income (Loss), Net of Tax										24	(16)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									$ 19,485	17,797	17,419
Eliminations [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues									(119,754)	(118,004)	(107,246)
Cost of revenues									(19,717)	(25,617)	(26,297)
Selling, general and administrative									(90,885)	(84,815)	(75,888)
Total									(110,602)	(110,432)	(102,185)
Income (loss) from operations									$ (9,152)	$ (7,572)	$ (5,061)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net									$ 2,322	$ 779	$ (2,028)
Intercompany interest income									(137,362)	(148,177)	(127,057)
Interest Expense									144,192	154,970	134,146
Loss from subsidiaries									(548,605)	(514,787)	(277,741)
Income (loss) before income tax benefit									(548,605)	(514,787)	(277,741)
Income tax provision									(211,933)	(197,834)	(108,985)
Net income									$ (336,672)	$ (316,953)	$ (168,756)
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (Loss), Net of Tax, Attributable to Parent									$ (336,672)	$ (316,953)	$ (168,756)

Supplemental Guarantor Infor123

Supplemental Guarantor Information (Level 4 CF) (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	$ 60,182	$ 313,200	$ (568,963)
Cash flow from investing activities:
Purchase of property and equipment - net	$ (9,447)	$ (15,074)	(26,567)
Purchase of marketable securities			(36,202)
Sale and redemption of marketable securities	$ 2,000	$ 40,242	417,846
Payments to Acquire Equity Method Investments	(123,940)	(113,029)	(93,398)
Return of investments in unconsolidated entities	39,766	73,845	69,809
Investment in foreclosed real estate and distressed loans	(2,624)	(2,089)	(26,155)
Return of investments in foreclosed real estate and distressed loans	37,625	$ 53,130	$ 27,370
Net increase in cash from purchase of joint venture interest	$ 3,848
Acquisition of a business, net of cash acquired		$ (1,489,116)
Proceeds from Dividends Received		0
Intercompany investing activites (to) from consolidated entities	$ 0	0	$ 0
Net cash (used in) provided by investing activities	(52,772)	(1,452,091)	332,703
Cash flow from financing activities:
Proceeds from issuance of senior notes	350,000	600,000	$ 400,383
Debt issuance costs for senior notes	(3,175)	(4,739)
Proceeds from loans payable	$ 1,954,432	2,229,371	$ 1,164,531
Debt issuance costs for loans payable		(3,063)
Principal Payments of Loans Payable	$ (1,659,458)	(1,767,115)	$ (1,195,524)
Repayments of Senior Debt	$ (300,000)	(267,960)	$ (163,853)
Proceeds from Issuance of Common Stock		220,365
Proceeds from stock-based benefit plans	$ 39,514	28,364	$ 15,798
Excess tax benefits from stock-based compensation	1,628	7,593	24,417
Purchase of treasury stock	(56,888)	(90,754)	(15,377)
(Payments) receipts related to noncontrolling Interest, net	(785)	172	33
Payments of Dividends		0
Intercompany financing advances (to) from consolidated entities	0	0	0
Net cash provided by (used in) financing activities	325,268	952,234	230,408
Net increase (decrease) in cash and cash equivalents	332,678	(186,657)	(5,852)
Cash and cash equivalents, beginning of period	586,315	772,972	778,824
Cash and cash equivalents, end of period	918,993	586,315	772,972
Toll Brothers Inc. [Member]
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	$ 45,366	$ 137,023	$ 116,508
Cash flow from investing activities:
Purchase of property and equipment - net
Purchase of marketable securities
Sale and redemption of marketable securities
Payments to Acquire Equity Method Investments
Return of investments in unconsolidated entities
Investment in foreclosed real estate and distressed loans
Return of investments in foreclosed real estate and distressed loans
Net increase in cash from purchase of joint venture interest
Acquisition of a business, net of cash acquired
Proceeds from Dividends Received
Intercompany investing activites (to) from consolidated entities	$ (29,620)	$ (302,591)	$ (141,346)
Net cash (used in) provided by investing activities	$ (29,620)	$ (302,591)	$ (141,346)
Cash flow from financing activities:
Proceeds from issuance of senior notes
Debt issuance costs for senior notes
Proceeds from loans payable
Debt issuance costs for loans payable
Principal Payments of Loans Payable
Repayments of Senior Debt
Proceeds from Issuance of Common Stock		$ 220,365
Proceeds from stock-based benefit plans	$ 39,514	28,364	$ 15,798
Excess tax benefits from stock-based compensation	1,628	7,593	24,417
Purchase of treasury stock	$ (56,888)	$ (90,754)	$ (15,377)
(Payments) receipts related to noncontrolling Interest, net
Payments of Dividends
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities	$ (15,746)	$ 165,568	$ 24,838
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of period	0	0	0
Cash and cash equivalents, end of period	0	0	0
Subsidiary Issuer [Member]
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	$ 2,156	$ 15,644	$ 5,163
Cash flow from investing activities:
Purchase of property and equipment - net
Purchase of marketable securities
Sale and redemption of marketable securities
Payments to Acquire Equity Method Investments
Return of investments in unconsolidated entities
Investment in foreclosed real estate and distressed loans
Return of investments in foreclosed real estate and distressed loans
Net increase in cash from purchase of joint venture interest
Acquisition of a business, net of cash acquired
Proceeds from Dividends Received
Intercompany investing activites (to) from consolidated entities	$ (48,981)	$ (342,945)	$ (241,693)
Net cash (used in) provided by investing activities	(48,981)	(342,945)	(241,693)
Cash flow from financing activities:
Proceeds from issuance of senior notes	350,000	600,000	$ 400,383
Debt issuance costs for senior notes	$ (3,175)	$ (4,739)
Proceeds from loans payable
Debt issuance costs for loans payable
Principal Payments of Loans Payable
Repayments of Senior Debt	$ (300,000)	$ (267,960)	$ (163,853)
Proceeds from Issuance of Common Stock
Proceeds from stock-based benefit plans
Excess tax benefits from stock-based compensation
Purchase of treasury stock
(Payments) receipts related to noncontrolling Interest, net
Payments of Dividends
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities	$ 46,825	$ 327,301	$ 236,530
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of period	0	0	0
Cash and cash equivalents, end of period	0	0	0
Guarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	100,487	279,724	(518,598)
Cash flow from investing activities:
Purchase of property and equipment - net	(10,181)	(13,161)	(15,038)
Purchase of marketable securities			(25,938)
Sale and redemption of marketable securities	2,000	40,242	357,583
Payments to Acquire Equity Method Investments	(4,552)	(16,683)	(34,071)
Return of investments in unconsolidated entities	$ 23,213	$ 63,581	$ 43,405
Investment in foreclosed real estate and distressed loans
Return of investments in foreclosed real estate and distressed loans
Net increase in cash from purchase of joint venture interest	$ 3,848
Acquisition of a business, net of cash acquired		$ (1,489,116)
Proceeds from Dividends Received		$ 15,000
Intercompany investing activites (to) from consolidated entities
Net cash (used in) provided by investing activities	$ 14,328	$ (1,400,137)	$ 325,941
Cash flow from financing activities:
Proceeds from issuance of senior notes
Debt issuance costs for senior notes
Proceeds from loans payable	$ 400,000	$ 1,156,300
Debt issuance costs for loans payable		(3,063)
Principal Payments of Loans Payable	$ (113,745)	$ (704,320)	$ (33,329)
Repayments of Senior Debt
Proceeds from Issuance of Common Stock
Proceeds from stock-based benefit plans
Excess tax benefits from stock-based compensation
Purchase of treasury stock
(Payments) receipts related to noncontrolling Interest, net
Payments of Dividends
Intercompany financing advances (to) from consolidated entities	$ (73,185)	$ 457,108	$ 184,064
Net cash provided by (used in) financing activities	213,070	906,025	150,735
Net increase (decrease) in cash and cash equivalents	327,885	(214,388)	(41,922)
Cash and cash equivalents, beginning of period	455,714	670,102	712,024
Cash and cash equivalents, end of period	783,599	455,714	670,102
Non-Guarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	(78,246)	(102,540)	(161,333)
Cash flow from investing activities:
Purchase of property and equipment - net	$ 734	$ (1,913)	(11,529)
Purchase of marketable securities			(10,264)
Sale and redemption of marketable securities			60,263
Payments to Acquire Equity Method Investments	$ (119,388)	$ (96,346)	(59,327)
Return of investments in unconsolidated entities	16,553	10,264	26,404
Investment in foreclosed real estate and distressed loans	(2,624)	(2,089)	(26,155)
Return of investments in foreclosed real estate and distressed loans	$ 37,625	$ 53,130	$ 27,370
Net increase in cash from purchase of joint venture interest
Acquisition of a business, net of cash acquired
Proceeds from Dividends Received
Intercompany investing activites (to) from consolidated entities
Net cash (used in) provided by investing activities	$ (67,100)	$ (36,954)	$ 6,762
Cash flow from financing activities:
Proceeds from issuance of senior notes
Debt issuance costs for senior notes
Proceeds from loans payable	$ 1,554,432	$ 1,073,071	$ 1,164,531
Debt issuance costs for loans payable
Principal Payments of Loans Payable	$ (1,545,713)	$ (1,062,795)	$ (1,162,195)
Repayments of Senior Debt
Proceeds from Issuance of Common Stock
Proceeds from stock-based benefit plans
Excess tax benefits from stock-based compensation
Purchase of treasury stock
(Payments) receipts related to noncontrolling Interest, net	$ (785)	$ 172	$ 33
Payments of Dividends		(15,000)
Intercompany financing advances (to) from consolidated entities	142,205	171,777	188,272
Net cash provided by (used in) financing activities	150,139	167,225	190,641
Net increase (decrease) in cash and cash equivalents	4,793	27,731	36,070
Cash and cash equivalents, beginning of period	130,601	102,870	66,800
Cash and cash equivalents, end of period	135,394	130,601	102,870
Eliminations [Member]
Cash flow (used in) provided by operating activities:
Net cash provided by (used in) operating activities	$ (9,581)	$ (16,651)	$ (10,703)
Cash flow from investing activities:
Purchase of property and equipment - net
Purchase of marketable securities
Sale and redemption of marketable securities
Payments to Acquire Equity Method Investments
Return of investments in unconsolidated entities
Investment in foreclosed real estate and distressed loans
Return of investments in foreclosed real estate and distressed loans
Net increase in cash from purchase of joint venture interest
Acquisition of a business, net of cash acquired
Proceeds from Dividends Received		$ (15,000)
Intercompany investing activites (to) from consolidated entities	$ 78,601	645,536	$ 383,039
Net cash (used in) provided by investing activities	$ 78,601	$ 630,536	$ 383,039
Cash flow from financing activities:
Proceeds from issuance of senior notes
Debt issuance costs for senior notes
Proceeds from loans payable
Debt issuance costs for loans payable
Principal Payments of Loans Payable
Repayments of Senior Debt
Proceeds from Issuance of Common Stock
Proceeds from stock-based benefit plans
Excess tax benefits from stock-based compensation
Purchase of treasury stock
(Payments) receipts related to noncontrolling Interest, net
Payments of Dividends		$ 15,000
Intercompany financing advances (to) from consolidated entities	$ (69,020)	(628,885)	$ (372,336)
Net cash provided by (used in) financing activities	(69,020)	(613,885)	(372,336)
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of period	0	0	0
Cash and cash equivalents, end of period	$ 0	$ 0	$ 0

Supplemental Guarantor Infor124

Supplemental Guarantor Information (Level 4 Textuals) (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Oct. 31, 2014
Entity Information [Line Items]
Inventory	$ 6,997,516	$ 6,490,321
Subsidiary of Common Parent [Member]
Entity Information [Line Items]
Inventory
Guarantor Subsidiaries [Member]
Entity Information [Line Items]
Subsidiary of Company, Ownership Percentage by Parent	100.00%
Inventory	$ 6,530,698	$ 6,260,303
Guarantor Subsidiary Release From Guaranty [Member]
Entity Information [Line Items]
Subsidiary of Company, Ownership Percentage by Parent	100.00%

Summary Consolidated Quarter125

Summary Consolidated Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Quarterly Summary of Income Statement Data [Abstract]
Revenues	$ 1,437,202	$ 1,028,011	$ 852,583	$ 853,452	$ 1,350,690	$ 1,056,857	$ 860,374	$ 643,681	$ 4,171,248	$ 3,911,602	$ 2,674,299
Gross Profit	320,870	203,617	174,071	203,420	288,115	239,625	172,376	129,649
Income before income taxes	217,543	107,464	86,532	124,023	188,538	151,325	93,484	71,235	535,562	504,582	267,697
Net income	$ 147,163	$ 66,749	$ 67,930	$ 81,325	$ 131,524	$ 97,707	$ 65,222	$ 45,580	$ 363,167	$ 340,032	$ 170,606
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ 0.83	$ 0.38	$ 0.38	$ 0.46	$ 0.74	$ 0.55	$ 0.37	$ 0.26	$ 2.06	$ 1.91	$ 1.01
Earnings Per Share, Diluted	$ 0.80	$ 0.36	$ 0.37	$ 0.44	$ 0.71	$ 0.53	$ 0.35	$ 0.25	$ 1.97	$ 1.84	$ 0.97
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic weighted-average shares	176,370	176,797	176,458	176,076	177,540	178,217	178,082	176,474	176,425	177,578	169,288
Weighted Average Number of Shares Outstanding, Diluted	184,736	185,133	184,838	184,107	185,669	186,501	186,442	184,888	184,703	185,875	177,963
Summary Consolidated Quarterly Financial Data (Textual) [Abstract]
Stucco, Construction Claims, And Litigation Charge	$ 8,200	$ 4,900			$ 32,000