Toll Brothers (TOL) 10-Q 3 Mar 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jan. 31, 2016	Mar. 01, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	TOLL BROTHERS INC
Entity Central Index Key	794,170
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jan. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		168,526,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
ASSETS
Cash and cash equivalents	$ 336,244	$ 918,993
Marketable securities		10,001
Restricted cash	$ 29,350	16,795
Inventory	7,180,050	6,997,516
Property, construction and office equipment, net	134,746	136,755
Receivables, prepaid expenses and other assets	293,467	284,130
Mortgage loans held for sale	73,145	123,175
Customer deposits held in escrow	58,302	56,105
Investments in and advances to unconsolidated entities	414,864	412,860
Investments in foreclosed real estate and distressed loans	48,576	51,730
Deferred tax assets, net of valuation allowances	194,693	198,455
Total assets	8,763,437	9,206,515
Liabilities:
Loans payable	615,298	1,000,439
Senior notes	2,690,889	2,689,801
Mortgage company loan facility	63,907	100,000
Customer deposits	301,282	284,309
Accounts payable	264,452	236,953
Accrued expenses	607,077	608,066
Income taxes payable	64,567	58,868
Total liabilities	4,607,472	4,978,436
Stockholders' equity:
Preferred stock, none issued	0	0
Common stock, 177,933 and 177,931 shares issued at January 31, 2016 and October 31, 2015, respectively	1,779	1,779
Additional paid-in capital	718,412	728,125
Retained earnings	3,668,382	3,595,202
Treasury stock, at cost - 7,382 and 3,084 shares at January 31, 2016 and October 31, 2015, respectively	(235,654)	(100,040)
Accumulated other comprehensive loss	(2,770)	(2,509)
Total stockholders' equity	4,150,149	4,222,557
Noncontrolling interest	5,816	5,522
Total equity	4,155,965	4,228,079
Total liabilities and stockholders' equity	$ 8,763,437	$ 9,206,515

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Jan. 31, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, shares issued	0	0
Common stock, shares issued	177,933	177,931
Treasury stock, at cost	7,382	3,084

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Revenues	$ 928,566	$ 853,452
Cost of revenues	712,311	650,032
Selling, general and administrative	121,796	106,314
Total	834,107	756,346
Income from operations	94,459	97,106
Other:
Income from unconsolidated entities	8,638	4,901
Other income - net	13,720	22,016
Income before income taxes	116,817	124,023
Income tax provision (benefit)	43,637	42,698
Net income	73,180	81,325
Other comprehensive (loss) income, net of tax:
Change in pension liability	$ (288)	(178)
Change in fair value of available-for-sale securities		2
Change in unrealized income (loss) on derivative held by equity investee	$ 27	(7)
Other comprehensive loss	(261)	(183)
Total comprehensive income	$ 72,919	$ 81,142
Income per share:
Basic	$ 0.42	$ 0.46
Diluted	$ 0.40	$ 0.44
Weighted average number of shares:
Basic	174,205	176,076
Diluted	182,391	184,107

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Cash flow used in operating activities:
Net income	$ 73,180	$ 81,325
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	5,533	5,809
Stock-based compensation	9,223	7,446
Excess tax benefits from stock-based compensation	(297)	(1,866)
Income Loss from Unconsolidated Entities	(8,638)	(4,901)
Distributions of earnings from unconsolidated entities	3,870	4,393
Income from distressed loans and foreclosed real estate	(1,553)	(2,345)
Deferred tax provision	587	(1,433)
Deferred tax valuation allowances	148	(207)
Inventory impairments and write-offs	1,281	1,144
Other	658	555
Changes in operating assets and liabilities
Increase in inventory	(173,440)	(114,416)
Origination of mortgage loans	(215,674)	(167,063)
Sale of mortgage loans	265,703	212,356
(Increase) decrease in restricted cash	(12,555)	880
(Increase) decrease in receivables, prepaid expenses and other assets	(9,546)	(255)
Increase in customer deposits	14,776	14,039
(Decrease) increase in accounts payable and accrued expenses	17,523	(10,147)
Increase (decrease) in income taxes payable	5,996	(58,362)
Net Cash Used in Operating Activities, Continuing Operations	(23,225)	(33,048)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	(1,593)	(2,884)
Sale and redemption of marketable securities	10,000	2,000
Investment in and advances to unconsolidated entities	(11,838)	(18,684)
Return of investments in unconsolidated entities	14,804	6,340
Investment in distressed loans and foreclosed real estate	(694)	(1,468)
Return of investments in distressed loans and foreclosed real estate	5,321	6,592
Net Cash Used in Investing Activities, Continuing Operations	16,000	$ (8,104)
Cash flow (used in) provided by financing activities:
Debt issuance costs for senior notes	(64)
Proceeds from loans payable	339,854	$ 214,624
Principal payments of loans payable	(770,539)	(272,334)
Proceeds from stock-based benefit plans	4,769	17,773
Excess Tax Benefit from Share-based Compensation, Financing Activities	297	1,866
Purchase of treasury stock	(150,135)	(6,242)
(Payments) receipts related to noncontrolling interest, net	294	50
Net Cash (Used in) Provided by Financing Activities, Continuing Operations	(575,524)	(44,263)
Net decrease in cash and cash equivalents	(582,749)	(85,415)
Cash and cash equivalents, beginning of period	918,993	586,315
Cash and cash equivalents, end of period	$ 336,244	$ 500,900

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jan. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Basis of Presentation The accompanying condensed 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. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. The October 31, 2015 balance sheet amounts and disclosures included herein have been derived from our October 31, 2015 audited financial statements. Since the accompanying condensed consolidated financial statements do not include all the information and footnotes required by U.S. generally accepted accounting principles (“GAAP”) for complete financial statements, we suggest that they be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2015 (“2015 Form 10-K”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, which are of a normal recurring nature, necessary to present fairly our financial position as of January 31, 2016 ; the results of our operations for the three -month periods ended January 31, 2016 and 2015 ; and our cash flows for the three -month periods ended January 31, 2016 and 2015 . The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year. Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-04, “Receivables—Troubled Debt Restructurings by Creditors” (“ASU 2014-04”), which clarifies when an 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. We adopted ASU 2014-04 on November 1, 2015, and the adoption did not have a material effect on our condensed consolidated financial statements or disclosures. In February 2016, the FASB issued ASU No. 2016-02, “Leases” (“ASU 2016-02”), which requires an entity to recognize assets and liabilities on the balance sheet for the rights and obligations created by leased assets and provide additional disclosures. ASU 2016-02 is effective for us beginning February 1, 2019, and, at that time, we will adopt the new standard using a modified retrospective approach. We are currently evaluating the impact that the adoption of ASU 2016-02 may have on our condensed consolidated financial statements and 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. Upon adoption of ASU 2015-02, we expect that one unconsolidated joint venture, not previously identified as a VIE, will be determined to be a VIE, which will result in a modification of our current disclosures. However, the adoption of ASU 2015-02 is not expected to have a material effect on our condensed consolidated financial statements. 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 Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition,” and most industry-specific guidance. ASU 2014-09 also supersedes some cost guidance included in ASC 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 that the adoption of ASU 2014-09 may have on our condensed consolidated financial statements and disclosures.

Inventory

Inventory	3 Months Ended
	Jan. 31, 2016
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory at January 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands): January 31, October 31, Land controlled for future communities $ 78,191 $ 75,214 Land owned for future communities 1,913,008 2,033,447 Operating communities 5,188,851 4,888,855 $ 7,180,050 $ 6,997,516 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 nonavailability of improved home sites and that are expected to reopen within 12 months of the end of the fiscal period 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, as of the dates indicated, is provided in the table below. January 31, October 31, Land owned for future communities: Number of communities 21 15 Carrying value (in thousands) $ 144,979 $ 119,138 Operating communities: Number of communities 7 11 Carrying value (in thousands) $ 39,901 $ 63,668 The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands): Three months ended January 31, 2016 2015 Land controlled for future communities $ 381 $ 244 Land owned for future communities 300 Operating communities 600 900 $ 1,281 $ 1,144 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 values of those communities, net of impairment charges. See Note 14, “Commitments and Contingencies,” for information regarding land purchase commitments. At January 31, 2016 , we evaluated our land purchase contracts to determine whether 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 predevelopment costs incurred, and the creditors of the sellers generally have no recourse against us. At January 31, 2016 , we determined that 59 land purchase contracts, with an aggregate purchase price of $640.5 million , on which we had made aggregate deposits totaling $41.0 million , were VIEs, and that we were not the primary beneficiary of any VIE related to our land purchase contracts. 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. Interest incurred, capitalized, and expensed, for the periods indicated, was as follows (amounts in thousands): Three months ended January 31, 2016 2015 Interest capitalized, beginning of period $ 373,128 $ 356,180 Interest incurred 40,107 40,504 Interest expensed to cost of revenues (32,023 ) (28,377 ) Write-off against other income (275 ) (1,328 ) Interest capitalized on investments in unconsolidated entities (1,007 ) (2,751 ) Interest capitalized, end of period $ 379,930 $ 364,228

Investments in Unconsolidated E

Investments in Unconsolidated Entities	3 Months Ended
	Jan. 31, 2016
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Investments in and Advances to Affiliates, Schedule of Investments [Text Block]	Investments in Unconsolidated Entities We have investments in various unconsolidated entities. These joint ventures (i) develop land for the joint venture participants and, in other cases, for sale to other third-party builders (“Land Development Joint Ventures”); (ii) develop for-sale homes and condominiums (“Home Building Joint Ventures”); (iii) develop luxury for-rent residential apartments, commercial space, and a hotel (“Rental Property Joint Ventures”), which includes our investments in Toll Brothers Realty Trust (the “Trust”); and (iv) invest in a portfolio of distressed loans and real estate (“Structured Asset Joint Venture”). The table below provides information as of January 31, 2016 , 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 $ 211,965 $ 76,972 $ 116,338 $ 9,589 $ 414,864 Number of unconsolidated entities with funding commitments by the Company 5 2 2 — 9 Company's remaining funding commitment to unconsolidated entities (a) $ 251,607 $ 18,768 $ 4,439 $ — $ 274,814 (a) The remaining funding commitment for our Land Development Joint Ventures includes $90.0 million , which one of the joint ventures expects to fund through outside financing. Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at January 31, 2016 , regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 2 9 15 Aggregate loan commitments $ 470,000 $ 222,000 $ 779,902 $ 1,471,902 Amounts borrowed under commitments $ 429,056 $ 126,869 $ 562,546 $ 1,118,471 More specific and/or recent information regarding our investments in and future commitments to these entities is provided below. Land Development Joint Ventures See Note 14, “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 located in Irvine, California. The joint venture expects to develop approximately 840 home sites on this land in multiple phases. We have a 50% interest in this joint venture. The joint venture intends 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 January 31, 2016 , we had an investment of $77.0 million in this joint venture and were committed to make additional contributions to this joint venture of up to $220.3 million . To finance a portion of the land purchase, the joint venture entered into a $320.0 million purchase money mortgage with the seller. 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 January 31, 2016 , we had an investment of $17.0 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 January 31, 2016 , the joint venture had $79.8 million borrowed under the construction loan. 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 January 31, 2016 , we had invested $40.2 million in this joint venture and expect to make additional investments of approximately $10.5 million for the development of this project. In the first quarter of fiscal 2015, 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 the hotel, of which we allocated $98.0 million to the condominium project. At January 31, 2016 , this joint venture had $47.1 million of outstanding borrowings under the construction 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 January 31, 2016 , we had a combined investment of $10.1 million in these ventures. In addition, in fiscal 2015, these joint ventures entered into construction loan agreements with several banks to provide up to $87.0 million of financing for the development of their respective apartment buildings. At January 31, 2016 , these joint ventures had $0.9 million of borrowings under the construction loan agreements. 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 the urban New York market being developed by a related joint venture, discussed in Home Building Joint Ventures above. At January 31, 2016 , we had invested $27.0 million in this joint venture and expect to make additional investments of approximately $4.0 million for the development of the luxury hotel. In the first quarter of fiscal 2015, 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 the hotel, of which we allocated $62.0 million to the hotel project. At January 31, 2016 , this joint venture had $27.5 million of outstanding borrowings under the construction loan agreement. In 1998, 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 January 31, 2016 , 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 $0.4 million and $0.6 million in the three -month periods ended January 31, 2016 and 2015 , respectively. In each of the three months ended January 31, 2016 and 2015 , we received a $2.0 million distribution from the Trust, which is included in “Income from unconsolidated entities” in our Condensed Consolidated Statements of Operations and Comprehensive Income. 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) carry cost guarantees, which cover costs such as interest, real estate taxes, and insurance; (iv) an environmental indemnity provided to the lender that holds the lender harmless from and against losses arising from the discharge of hazardous materials from the property and non-compliance with applicable environmental laws; 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 a 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 January 31, 2016 , 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 all or a significant portion of the obligation. If it is not, we and our partners would need to contribute additional capital to the venture. At January 31, 2016 , the unconsolidated entities that have guarantees related to debt had loan commitments aggregating $945.2 million and had borrowed an aggregate of $591.8 million . The terms of these guarantees generally range from 10 months to 51 months . We estimate that the maximum potential exposure under these guarantees, if the full amount of the loan commitments were borrowed, would be $945.2 million , without taking into account any recoveries from the underlying collateral or any reimbursement from our partners. Of this maximum potential exposure, $85.8 million is related to repayment and carry cost guarantees. Based on the amounts borrowed at January 31, 2016 , our maximum potential exposure under all guarantees is estimated to be approximately $591.8 million , without taking into account any recoveries from the underlying collateral or any reimbursement from our partners. Of the estimated $591.8 million , $59.9 million is related to repayment and carry cost guarantees. In addition, we have guaranteed approximately $10.2 million of ground lease payments and insurance deductibles for three joint ventures. As of January 31, 2016 , 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 January 31, 2016 and October 31, 2015 , we determined that one of our joint ventures was a VIE under the guidance of ASC 810, “Consolidation.” However, we have concluded that we were not the primary beneficiary of the VIE because the power to direct the activities of such VIE that most significantly impact its performance was shared by us and such VIE’s other partners. 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 the 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 January 31, 2016 and October 31, 2015 , our investment in the unconsolidated joint venture deemed to be a VIE, which is included in “Investments in unconsolidated entities” in the accompanying Condensed Consolidated Balance Sheets, totaled $6.5 million and $6.7 million , respectively. At January 31, 2016 and October 31, 2015 , the maximum exposure of loss to our investment in the unconsolidated joint venture that is a VIE is limited to our investment in the unconsolidated VIE, except with regard to $89.8 million of loan guarantees and $0.4 million of additional commitments to the VIE. Of our potential exposure for these loan guarantees, $14.3 million is related to repayment and carry cost guarantees. 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: January 31, 2016 Land Development Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 35,054 $ 7,830 $ 27,710 $ 37,785 $ 108,379 Inventory 713,254 338,853 1,052,107 Non-performing loan portfolio 17,976 17,976 Rental properties 361,191 361,191 Rental properties under development 381,411 381,411 Real estate owned (“REO”) 98,372 98,372 Other assets 75,522 68,576 11,976 2,469 158,543 Total assets $ 823,830 $ 415,259 $ 782,288 $ 156,602 $ 2,177,979 Debt (1) $ 430,143 $ 132,430 $ 562,546 $ 1,125,119 Other liabilities 31,673 75,017 29,145 4,125 139,960 Members’ equity 362,014 207,812 190,597 61,004 821,427 Noncontrolling interest 91,473 91,473 Total liabilities and equity $ 823,830 $ 415,259 $ 782,288 $ 156,602 $ 2,177,979 Company’s net investment in unconsolidated entities (2) $ 211,965 $ 76,972 $ 116,338 $ 9,589 $ 414,864 October 31, 2015 Land Home Building Rental Property Structured 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 (1) Included in other assets of the Structured Asset Joint Venture at October 31, 2015 is $78.0 million of restricted cash held in a defeasance account that was used to repay debt of the Structured Asset Joint Venture in December 2015. (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; 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 three months ended January 31, 2016 Land Home Building Rental Property Structured Total Revenues $ 12,622 $ 16,042 $ 12,884 $ 938 $ 42,486 Cost of revenues 7,159 13,476 7,691 7,187 35,513 Other expenses 1,029 1,522 6,190 566 9,307 Total expenses 8,188 14,998 13,881 7,753 44,820 Gain on disposition of loans and REO 25,983 25,983 Income (loss) from operations 4,434 1,044 (997 ) 19,168 23,649 Other income (loss) 821 (73 ) 75 182 1,005 Net income (loss) 5,255 971 (922 ) 19,350 24,654 Less: income attributable to noncontrolling interest (11,610 ) (11,610 ) Net income (loss) attributable to controlling interest 5,255 971 (922 ) 7,740 13,044 Other comprehensive income 87 87 Total comprehensive income (loss) $ 5,255 $ 971 $ (835 ) $ 7,740 $ 13,131 Company’s equity in earnings of unconsolidated entities (3) $ 5,006 $ 343 $ 1,742 $ 1,547 $ 8,638 For the three months ended January 31, 2015 Land Home Building Rental Property Structured Total Revenues $ 18,276 $ 19,294 $ 7,611 $ 889 $ 46,070 Cost of revenues 9,630 16,913 3,269 6,074 35,886 Other expenses 135 1,575 4,388 326 6,424 Total expenses 9,765 18,488 7,657 6,400 42,310 Gain on disposition of loans and REO 7,631 7,631 Income (loss) from operations 8,511 806 (46 ) 2,120 11,391 Other income 72 586 658 Net income (loss) 8,511 878 (46 ) 2,706 12,049 Less: income attributable to noncontrolling interest (1,623 ) (1,623 ) Net income (loss) attributable to controlling interest 8,511 878 (46 ) 1,083 10,426 Other comprehensive loss (22 ) (22 ) Total comprehensive income (loss) $ 8,511 $ 878 $ (68 ) $ 1,083 $ 10,404 Company’s equity in earnings of unconsolidated entities (3) $ 2,442 $ 542 $ 1,700 $ 217 $ 4,901 (3) Differences between our equity in earnings of unconsolidated entities and the underlying net income (loss) of the entities are primarily a result of a basis difference of an acquired joint venture interest, distributions from entities in excess of the carrying amount of our net investment, recoveries of previously incurred charges, and our share of the entities’ profits related to home sites purchased by us, which reduces our cost basis of the home sites acquired.

Investments in Foreclosed Real

Investments in Foreclosed Real Estate and Distressed Loans	3 Months Ended
	Jan. 31, 2016
Investments in Non-Performing Loan Portfolios and Foreclosed Real Estate [Abstract]
Investments in Foreclosed Real Estate and Distressed Loans	Investments in Foreclosed Real Estate and Distressed Loans Investments in REO and distressed loans consisted of the following, as of the dates indicated (amounts in thousands): January 31, October 31, Investment in REO: Held and used classification $ 35,128 $ 48,514 Held for sale classification 12,197 1,719 47,325 50,233 Investment in distressed loans 1,251 1,497 $ 48,576 $ 51,730 Investments in REO The table below provides, for the periods indicated, the activity in REO (amounts in thousands): Three months ended January 31, 2016 2015 Balance, beginning of period $ 50,233 $ 69,799 Additions 694 1,676 Sales (3,367 ) (4,286 ) Impairments (155 ) (169 ) Depreciation (80 ) (86 ) Balance, end of period $ 47,325 $ 66,934 Investments in Distressed Loans Our investments in distressed loans represent nonperforming loans classified as nonaccrual in accordance with ASC 310-10, “Receivable.” 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.

Loans Payable, Senior Notes and

Loans Payable, Senior Notes and Mortgage Company Loan Facility	3 Months Ended
	Jan. 31, 2016
Debt Disclosure [Abstract]
Senior Notes Payable	Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable At January 31, 2016 and October 31, 2015 , loans payable consisted of the following (amounts in thousands): January 31, October 31, Senior unsecured term loan $ 500,000 $ 500,000 Credit facility borrowings — 350,000 Loans payable – other 116,464 151,702 Deferred issuance costs (1,166 ) (1,263 ) $ 615,298 $ 1,000,439 Senior Unsecured Term Loan On February 3, 2014, we entered into a five -year senior, $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. At January 31, 2016 , the interest rate on borrowings under the Term Loan Facility was 1.83% 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 our 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 (the “Credit Facility”) with a syndicate of banks (the “Aggregate Credit Commitment”). The commitments under the Credit Facility are scheduled to expire on August 1, 2018 . We are obligated to pay an undrawn commitment fee to the lenders under the Credit Facility, which is based on the average daily unused amount of the Aggregate Credit Commitment and our 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 agreement) of no less than approximately $2.53 billion . Under the terms of the Credit Facility, at January 31, 2016 , our leverage ratio was approximately 0.74 to 1.00, and our tangible net worth was approximately $4.12 billion . Based upon the minimum tangible net worth requirement in the Credit Facility, our ability to repurchase our common stock was limited to approximately $1.90 billion as of January 31, 2016 . At January 31, 2016 , we had no outstanding borrowings under the Credit Facility and had outstanding letters of credit of approximately $108.3 million . At January 31, 2016 , the interest rate on borrowings under the Credit Facility would have been 1.93% per annum. Subsequent to January 31, 2016, we borrowed $75.0 million under the Credit Facility. Loans Payable – Other Our “Loans payable – other” represent purchase money mortgages on properties we acquired that the seller had financed and various revenue bonds that were issued by government entities on our behalf to finance community infrastructure and our manufacturing facilities. At January 31, 2016 , the weighted-average interest rate on “Loans payable – other” was 3.83% per annum. Senior Notes At January 31, 2016 , we, through Toll Brothers Finance Corp., had eight issues of Senior Notes outstanding with an aggregate principal amount of $2.71 billion . 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 the 4.875% Senior Notes. In May 2015, we repaid, at maturity, the $300.0 million of then-outstanding outstanding principal amount of 5.15% Senior Notes due May 15, 2015. 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 $50.0 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 $100.0 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 January 31, 2016 , 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. At January 31, 2016 , we had $63.9 million of outstanding borrowings under the Repurchase Agreement.

Accrued Expenses

Accrued Expenses	3 Months Ended
	Jan. 31, 2016
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses at January 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands): January 31, October 31, Land, land development, and construction $ 106,885 $ 118,634 Compensation and employee benefits 121,262 125,045 Self-insurance 115,084 113,727 Warranty 90,661 93,083 Interest 39,195 26,926 Commitments to unconsolidated entities 5,534 5,534 Other 128,456 125,117 $ 607,077 $ 608,066 As previously disclosed in Note 7, “Accrued Expenses” in our 2015 Form 10-K, we determined that we will need to make stucco-related repairs to homes in certain completed communities located in Pennsylvania and Delaware (which are in our Mid-Atlantic region). We continue to review our potential liability as new claims are submitted, and we believe that at January 31, 2016 , our existing reserves and insurance were sufficient. Due to the degree of judgment required and the potential for variability in our underlying assumptions, our actual future costs could differ from those estimated. In addition, also as previously disclosed in Note 7, “Accrued Expenses” in our 2015 Form 10-K, we have 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 that 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. In addition, we completed a settlement on a second claim in December 2015, which was previously accrued for as of October 31, 2015. As of January 31, 2016 , we believe that our existing reserves and insurance were sufficient. Due to issues related to insurance coverage on all three construction claims, the degree of judgment required, and the potential for variability in our underlying assumptions, our actual future costs could differ from our estimates. 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, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands): Three months ended January 31, 2016 2015 Balance, beginning of period $ 93,083 $ 86,282 Additions – homes closed during the period 4,496 3,918 Increase in accruals for homes closed in prior years 2,453 868 Charges incurred (9,371 ) (6,373 ) Balance, end of period $ 90,661 $ 84,695

Income Taxes

Income Taxes	3 Months Ended
	Jan. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recorded an income tax provision of $43.6 million and $42.7 million for the three months ended January 31, 2016 and 2015 , respectively. The effective tax rate for the three months ended January 31, 2016 , was 37.4% , compared to 34.4% for the three months ended January 31, 2015 . The income tax provisions for both periods included the provision for state income taxes and interest accrued on anticipated tax assessments, offset by tax benefits related to the utilization of domestic production activities deductions and other permanent differences. 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 estimate our rate for the full fiscal year 2016 for state income taxes at 6.7% . Our state income tax rate for the full fiscal year 2015 was 6.3% . 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 of $31.3 million and $31.1 million as of January 31, 2016 and October 31, 2015 , respectively. At January 31, 2016 , we had $52.5 million of gross unrecognized tax benefits, including interest and penalties. If these unrecognized tax benefits were to 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 our unrecognized tax benefits will change, but we are not able to provide a range of such change. The possible changes would 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.

Stock-Based Benefit Plans

Stock-Based Benefit Plans	3 Months Ended
	Jan. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Benefit Plans	Stock-Based Benefit Plans We grant stock options and various types of restricted stock units to our employees and our nonemployee directors. Additionally, we have an employee stock purchase plan that allows employees to purchase our stock at a discount. Information regarding the amount of total stock-based compensation expense and tax benefit recognized by us, for the periods indicated, is as follows (amounts in thousands): Three months ended January 31, 2016 2015 Total stock-based compensation expense recognized $ 9,223 $ 7,446 Income tax benefit recognized $ 3,555 $ 2,809 At January 31, 2016 and October 31, 2015 , the aggregate unamortized value of outstanding stock-based compensation awards was approximately $44.7 million and $25.2 million , respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Jan. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss and Total Comprehensive Income (Loss)	Accumulated Other Comprehensive Loss The tables below provide, for the periods indicated, the components of accumulated other comprehensive loss (amounts in thousands): Three months ended January 31, 2016 Employee retirement plans Derivative instruments Total Balance, beginning of period $ (2,478 ) $ (31 ) $ (2,509 ) Other comprehensive (loss) income before reclassifications (757 ) 43 (714 ) Gross amounts reclassified from accumulated other comprehensive income 230 230 Income tax benefit (expense) 239 (16 ) 223 Other comprehensive (loss) income, net of tax (288 ) 27 (261 ) Balance, end of period $ (2,766 ) $ (4 ) $ (2,770 ) Three months ended January 31, 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 (501 ) 3 (11 ) (509 ) Gross amounts reclassified from accumulated other comprehensive income 216 216 Income tax benefit (expense) 107 (1 ) 4 110 Other comprehensive (loss) income, net of tax (178 ) 2 (7 ) (183 ) Balance, end of period $ (2,967 ) $ — $ (54 ) $ (3,021 ) Reclassifications for the amortization of the employee retirement plans are included in “Selling, general and administrative” expense in the Condensed Consolidated Statements of Operations and Comprehensive Income.

Stock Repurchase Program

Stock Repurchase Program	3 Months Ended
	Jan. 31, 2016
Stock Repurchase Program [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Stock Repurchase Program In March 2003, our Board of Directors authorized the repurchase of up to 20 million shares of our common stock in open market transactions or otherwise for the purpose of providing shares for our various employee 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 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 table below provides, for the periods indicated, information about our share repurchase programs: Three months ended January 31, 2016 2015 Number of shares purchased (in thousands) 4,770 201 Average price per share $ 31.48 $ 31.08 Remaining authorization at January 31 (in thousands) 13,765 19,999 Subsequent to January 31, 2016, we repurchased approximately 2.0 million shares of our common stock at an average price of $27.19 per share.

Income Per Share Information

Income Per Share Information	3 Months Ended
	Jan. 31, 2016
Earnings Per Share [Abstract]
Income per Share Information	Income per Share Information The table below provides, for the periods indicated, information pertaining to the calculation of income per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands): Three months ended January 31, 2016 2015 Numerator: Net income as reported $ 73,180 $ 81,325 Plus interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit 389 394 Numerator for diluted earnings per share $ 73,569 $ 81,719 Denominator: Basic weighted-average shares 174,205 176,076 Common stock equivalents (a) 2,328 2,173 Shares attributable to 0.5% Exchangeable Senior Notes 5,858 5,858 Diluted weighted-average shares 182,391 184,107 Other information: Weighted-average number of antidilutive options and restricted stock units (b) 2,954 2,367 Shares issued under stock incentive and employee stock purchase plans 473 677 (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 closing price of our common stock on the NYSE for the period.

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Jan. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Fair Value Disclosures Financial Instruments The table below provides, as of the dates indicated, a summary of assets (liabilities) related to our financial instruments, measured at fair value on a recurring basis (amounts in thousands): Fair value Financial Instrument Fair value hierarchy January 31, October 31, 2015 Marketable Securities Level 2 $ 10,001 Residential Mortgage Loans Held for Sale Level 2 $ 73,145 $ 123,175 Forward Loan Commitments — Residential Mortgage Loans Held for Sale Level 2 $ 478 $ 186 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ 871 $ (297 ) Forward Loan Commitments — IRLCs Level 2 $ (871 ) $ 297 At January 31, 2016 and October 31, 2015 , 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 cost basis as of October 31, 2015 . The estimated fair value of marketable securities was based on quoted prices provided by brokers. 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 table below provides, as of the dates indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale (amounts in thousands): Aggregate unpaid principal balance Fair value Excess At January 31, 2016 $ 71,875 $ 73,145 $ 1,270 At October 31, 2015 $ 121,904 $ 123,175 $ 1,271 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. See Note 1, “Significant Accounting Policies – Inventory,” in our 2015 Form 10-K for information regarding our methodology for determining fair value. The table below summarizes, for the periods indicated, the ranges of certain quantitative unobservable inputs utilized in determining the fair value of impaired operating communities: Three months ended: Selling price per unit ($ in thousands) Sales pace per year (in units) Discount rate Fiscal 2016: January 31 — — — Fiscal 2015: January 31 289 - 680 1 - 7 13.5% - 16.0% April 30 527 - 600 13 - 25 17.0% July 31 788 - 1,298 4 - 8 15.5% - 16.2% October 31 301 - 764 3 - 24 16.3% - 22.0% 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 Fair value of Impairment charges recognized Fiscal 2016: January 31 43 2 $ 1,713 $ 600 $ 600 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 Debt The table below provides, as of the dates indicated, the book value and estimated fair value of our debt (amounts in thousands): January 31, 2016 October 31, 2015 Fair value Book value Estimated fair value Book value Estimated fair value Loans payable (a) Level 2 $ 616,464 $ 616,213 $ 1,001,702 $ 1,001,366 Senior notes (b) Level 1 2,707,376 2,799,841 2,707,376 2,877,039 Mortgage company loan facility (c) Level 2 63,907 63,907 100,000 100,000 $ 3,387,747 $ 3,479,961 $ 3,809,078 $ 3,978,405 (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.

Other Income - Net

Other Income - Net	3 Months Ended
	Jan. 31, 2016
Other Income and Expenses [Abstract]
Other Income - net	Other Income – Net The table below provides, for the periods indicated, the components of other income – net (amounts in thousands): Three months ended January 31, 2016 2015 Interest income $ 404 $ 488 Income from ancillary businesses 3,729 10,839 Gibraltar 828 822 Management fee income from unconsolidated entities 2,107 2,979 Retained customer deposits 2,113 1,340 Income from land sales 3,998 4,817 Other 541 731 Total other income – net $ 13,720 $ 22,016 In the three months ended January 31, 2016 and 2015 , our security monitoring business recognized gains of $1.6 million and $8.1 million , respectively, from a bulk sale of security monitoring accounts in the fiscal 2015 period, which is included in income from ancillary businesses in the table above. Income from ancillary businesses includes our mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides, for the periods indicated, revenues and expenses for our ancillary businesses (amounts in thousands): Three months ended January 31, 2016 2015 Revenue $ 24,869 $ 31,280 Expense $ 21,140 $ 20,441 The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands): Three months ended January 31, 2016 2015 Revenue $ 10,691 $ 104,021 Deferred gain on land sale to joint venture (9,260 ) Expense (6,693 ) (89,944 ) Income from land sales $ 3,998 $ 4,817 Land sale revenues for the three months ended January 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 3, “Investments in Unconsolidated Entities,” for more information on this transaction.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	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. Investments in Unconsolidated Entities At January 31, 2016 , 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 3, “Investments in Unconsolidated Entities,” for more information regarding our commitments to these entities. 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 whether 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 nonrefundable 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, as of the dates indicated, is provided in the table below (amounts in thousands): January 31, 2016 October 31, 2015 Aggregate purchase commitments: Unrelated parties $ 1,099,657 $ 1,081,008 Unconsolidated entities that the Company has investments in 136,340 136,340 Total $ 1,235,997 $ 1,217,348 Deposits against aggregate purchase commitments $ 78,097 $ 79,072 Additional cash required to acquire land 1,157,900 1,138,276 Total $ 1,235,997 $ 1,217,348 Amount of additional cash required to acquire land in accrued expenses $ 1,680 $ 4,809 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 interests; the purchase prices of these home sites will be determined at a future date. At January 31, 2016 , we also had purchase commitments to acquire land for apartment developments of approximately $63.5 million , of which we had outstanding deposits in the amount of $2.2 million . 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. Surety Bonds and Letters of Credit At January 31, 2016 , we had outstanding surety bonds amounting to $620.5 million , primarily related to our obligations to governmental entities to construct improvements in our communities. We estimate that $331.7 million of work remains on these improvements. We have an additional $130.1 million of surety bonds outstanding that guarantee other obligations. We do not believe that it is probable that any outstanding bonds will be drawn upon. At January 31, 2016 , we had outstanding letters of credit of $108.3 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 do not believe that it is probable that any outstanding letters of credit will be drawn upon. Backlog At January 31, 2016 , we had agreements of sale outstanding to deliver 4,251 homes with an aggregate sales value of $3.66 billion . Mortgage Commitments Information regarding our mortgage commitments, as of the dates indicated, is provided in the table below (amounts in thousands): January 31, October 31, 2015 Aggregate mortgage loan commitments: IRLCs $ 371,770 $ 316,184 Non-IRLCs 1,026,586 941,243 Total $ 1,398,356 $ 1,257,427 Investor commitments to purchase: IRLCs $ 371,770 $ 316,184 Mortgage loans receivable 67,374 115,859 Total $ 439,144 $ 432,043

Information on Operating Segmen

Information on Operating Segments	3 Months Ended
	Jan. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Information on Operating Segments We operate in two segments: traditional home building and urban infill. We build and sell detached and attached homes in luxury residential communities located in affluent suburban markets that 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, effective October 31, 2015, California is presented as a separate geographic segment. Amounts reported in priors years have been reclassified herein to conform to this current presentation. Revenue and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands): Three months ended January 31, 2016 2015 Revenues: Traditional Home Building: North $ 120,818 $ 132,436 Mid-Atlantic 169,808 163,388 South 146,798 161,867 West 137,258 122,353 California 216,903 165,589 Traditional Home Building 791,585 745,633 City Living 136,981 107,819 Total $ 928,566 $ 853,452 Income (loss) before income taxes: Traditional Home Building: North $ 8,033 $ 10,567 Mid-Atlantic 16,983 18,724 South 21,245 23,324 West 19,688 20,431 California 43,536 24,928 Traditional Home Building 109,485 97,974 City Living 43,680 51,345 Corporate and other (36,348 ) (25,296 ) Total $ 116,817 $ 124,023 “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 segments, as of the dates indicated, are shown in the table below (amounts in thousands): January 31, October 31, Traditional Home Building: North $ 1,103,413 $ 1,061,777 Mid-Atlantic 1,220,407 1,225,988 South 1,244,100 1,196,650 West 1,028,305 949,566 California 2,277,125 2,243,309 Traditional Home Building 6,873,350 6,677,290 City Living 846,668 873,013 Corporate and other 1,043,419 1,656,212 Total $ 8,763,437 $ 9,206,515 “Corporate and other” is comprised principally of cash and cash equivalents, marketable securities, restricted cash, deferred tax assets, the assets of our Gibraltar investments, manufacturing facilities, and our 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 January 31, 2016: Traditional Home Building: North $ 18,073 $ 149,220 $ 908,254 $ 1,075,547 Mid-Atlantic 34,612 190,805 959,860 1,185,277 South 4,389 97,072 969,104 1,070,565 West 3,308 231,142 776,103 1,010,553 California 17,056 828,158 1,246,340 2,091,554 Traditional Home Building 77,438 1,496,397 4,859,661 6,433,496 City Living 753 416,611 329,190 746,554 $ 78,191 $ 1,913,008 $ 5,188,851 $ 7,180,050 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 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 segments, for the periods indicated, are shown in the table below (amounts in thousands): Three months ended January 31, 2016 2015 Traditional Home Building: North $ 12 $ 430 Mid-Atlantic 9 161 South 635 549 West 625 4 Total $ 1,281 $ 1,144 Investments in unconsolidated entities and equity in earnings from such investments for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): Equity in earnings from Investments in unconsolidated entities Three months ended January 31, January 31, October 31, 2016 2015 Traditional Home Building: Mid-Atlantic $ 12,332 $ 12,167 $ — $ — South 95,394 97,041 2,424 2,766 West — — 2,921 504 California 123,951 128,338 187 83 Traditional Home Building 231,677 237,546 5,532 3,353 City Living 57,260 52,634 (183 ) (369 ) Corporate and other 125,927 122,680 3,289 1,917 Total $ 414,864 $ 412,860 $ 8,638 $ 4,901 “Corporate and other” is comprised of our investments in the Rental Property Joint Ventures and the Structured Asset Joint Venture.

Supplemental Disclosure to Cond

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows	3 Months Ended
	Jan. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosure to Statements of Cash Flows	Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows The following are supplemental disclosures to the Condensed Consolidated Statements of Cash Flows, for the periods indicated (amounts in thousands): Three months ended January 31, 2016 2015 Cash flow information: Interest capitalized, net of amount paid $ 8,227 $ 1,299 Income tax payments $ 38,781 $ 102,772 Income tax refunds $ 1,874 $ 71 Noncash activity: Cost of inventory acquired through seller financing or municipal bonds, net $ 10,534 $ 26,211 Reduction in inventory for our share of earnings in land purchased from unconsolidated entities $ 160 $ 2,324 Defined benefit plan amendment $ 757 $ 501 Deferred tax decrease related to stock based compensation activity included in additional paid-in capital $ 3,249 Increase in accrued expenses related to stock based compensation $ 6,230 Income tax benefit recognized in total comprehensive income $ 223 $ 110 Unrealized gain (loss) on derivatives held by equity investees $ 43 $ (11 ) (Decrease) increase in investments in unconsolidated entities for change in the fair value of debt guarantees $ (1 ) $ 1,431 Miscellaneous decreases to investments in unconsolidated entities $ (96 )

Supplemental Guarantor Informat

Supplemental Guarantor Information	3 Months Ended
	Jan. 31, 2016
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 January 31, 2016 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 our obligations under 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 (i) no default or event of default exists or would result from release of such guarantee; (ii) the Guarantor Subsidiary being released has consolidated net worth of less than 5% of the Company’s consolidated net worth as of the end of our most recent fiscal quarter; (iii) 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; (iv) such release would not have a material adverse effect on our and our subsidiaries’ home building business; and (v) the Guarantor Subsidiary is released from its guaranty 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). Condensed Consolidating Balance Sheet at January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 178,762 157,482 — 336,244 Restricted cash 15,192 255 13,903 29,350 Inventory 6,756,683 423,367 7,180,050 Property, construction and office equipment, net 119,303 15,443 134,746 Receivables, prepaid expenses and other assets 108 175,176 169,600 (51,417 ) 293,467 Mortgage loans held for sale 73,145 73,145 Customer deposits held in escrow 57,012 1,290 58,302 Investments in unconsolidated entities 109,031 305,833 414,864 Investments in foreclosed real estate and distressed loans 48,576 48,576 Investments in and advances to consolidated entities 4,004,727 2,740,891 4,740 (6,750,358 ) — Deferred tax assets, net of valuation allowances 194,693 194,693 4,214,720 2,740,891 7,400,962 1,208,639 (6,801,775 ) 8,763,437 LIABILITIES AND EQUITY Liabilities Loans payable 615,298 615,298 Senior notes 2,673,316 17,573 2,690,889 Mortgage company loan facility 63,907 63,907 Customer deposits 293,703 7,579 301,282 Accounts payable 263,955 497 264,452 Accrued expenses 38,160 352,643 269,844 (53,570 ) 607,077 Advances from consolidated entities 1,870,150 747,531 (2,617,681 ) — Income taxes payable 64,567 64,567 Total liabilities 64,567 2,711,476 3,395,749 1,089,358 (2,653,678 ) 4,607,472 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 718,412 49,400 1,734 (51,134 ) 718,412 Retained earnings (deficits) 3,668,382 (19,985 ) 4,005,169 108,725 (4,093,909 ) 3,668,382 Treasury stock, at cost (235,654 ) (235,654 ) Accumulated other comprehensive loss (2,766 ) (4 ) (2,770 ) Total stockholders’ equity 4,150,153 29,415 4,005,213 113,465 (4,148,097 ) 4,150,149 Noncontrolling interest 5,816 5,816 Total equity 4,150,153 29,415 4,005,213 119,281 (4,148,097 ) 4,155,965 4,214,720 2,740,891 7,400,962 1,208,639 (6,801,775 ) 8,763,437 Condensed Consolidating Balance Sheet at October 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor 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 (deficits) 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 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) for the three months ended January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Revenues 784,596 170,223 (26,253 ) 928,566 Cost of revenues 624,801 90,087 (2,577 ) 712,311 Selling, general and administrative 12 969 125,905 17,973 (23,063 ) 121,796 12 969 750,706 108,060 (25,640 ) 834,107 Income (loss) from operations (12 ) (969 ) 33,890 62,163 (613 ) 94,459 Other: Income from unconsolidated entities 2,997 5,641 8,638 Other income – net 2,391 8,169 4,193 (1,033 ) 13,720 Intercompany interest income 36,497 (36,497 ) — Interest expense (37,895 ) (248 ) 38,143 — Income from subsidiaries 114,438 69,382 (183,820 ) — Income (loss) before income taxes 116,817 (2,367 ) 114,438 71,749 (183,820 ) 116,817 Income tax provision (benefit) 43,637 (912 ) 44,104 27,652 (70,844 ) 43,637 Net income (loss) 73,180 (1,455 ) 70,334 44,097 (112,976 ) 73,180 Other comprehensive (loss) income (288 ) 27 (261 ) Total comprehensive income (loss) 72,892 (1,455 ) 70,361 44,097 (112,976 ) 72,919 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) for the three months ended January 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Revenues 862,154 15,602 (24,304 ) 853,452 Cost of revenues 652,212 1,666 (3,846 ) 650,032 Selling, general and administrative 14 908 112,043 13,389 (20,040 ) 106,314 14 908 764,255 15,055 (23,886 ) 756,346 Income (loss) from operations (14 ) (908 ) 97,899 547 (418 ) 97,106 Other: Income from unconsolidated entities 4,722 179 4,901 Other income – net 2,370 10,233 10,585 (1,172 ) 22,016 Intercompany interest income 36,193 (36,193 ) — Interest expense (37,652 ) (131 ) 37,783 — Income from subsidiaries 121,667 8,813 (130,480 ) — Income (loss) before income taxes 124,023 (2,367 ) 121,667 11,180 (130,480 ) 124,023 Income tax provision (benefit) 42,698 (891 ) 45,808 4,209 (49,126 ) 42,698 Net income (loss) 81,325 (1,476 ) 75,859 6,971 (81,354 ) 81,325 Other comprehensive loss (178 ) (5 ) (183 ) Total comprehensive income (loss) 81,147 (1,476 ) 75,854 6,971 (81,354 ) 81,142 Condensed Consolidating Statement of Cash Flows for the three months ended January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Net cash (used in) provided by operating activities 18,482 14,528 (178,283 ) 132,051 (10,003 ) (23,225 ) Cash flow provided by (used in) investing activities: Purchase of property and equipment - net (1,667 ) 74 (1,593 ) Sale and redemption of marketable securities 10,000 10,000 Investment in unconsolidated entities (1,445 ) (10,393 ) (11,838 ) Return of investments in unconsolidated entities 12,167 2,637 14,804 Investment in foreclosed real estate and distressed loans (694 ) (694 ) Return of investments in foreclosed real estate and distressed loans 5,321 5,321 Dividend received - intercompany 5,000 (5,000 ) — Intercompany advances 126,587 (14,464 ) (112,123 ) — Net cash provided by (used in) investing activities 126,587 (14,464 ) 14,055 6,945 (117,123 ) 16,000 Cash flow used in financing activities: Debt issuance costs for senior notes (64 ) (64 ) Proceeds from loans payable 339,854 339,854 Principal payments of loans payable (394,592 ) (375,947 ) (770,539 ) Proceeds from stock-based benefit plans 4,769 4,769 Excess tax benefits from stock-based compensation 297 297 Purchase of treasury stock (150,135 ) (150,135 ) Receipts related to noncontrolling interest, net 294 294 Dividend paid - intercompany (5,000 ) 5,000 — Intercompany advances (46,017 ) (76,109 ) 122,126 — Net cash used in financing activities (145,069 ) (64 ) (440,609 ) (116,908 ) 127,126 (575,524 ) Net (decrease) increase in cash and cash equivalents — — (604,837 ) 22,088 — (582,749 ) Cash and cash equivalents, beginning of period — — 783,599 135,394 — 918,993 Cash and cash equivalents, end of period — — 178,762 157,482 — 336,244 Condensed Consolidating Statement of Cash Flows for the three months ended January 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Net cash (used in) provided by operating activities (48,956 ) 6,870 6,618 6,418 (3,998 ) (33,048 ) Cash flow (used in) provided by investing activities: Purchase of property and equipment — net (2,528 ) (356 ) (2,884 ) Sale and redemption of marketable securities 2,000 2,000 Investments in unconsolidated entities (595 ) (18,089 ) (18,684 ) Return of investments in unconsolidated entities 1,500 4,840 6,340 Investment in foreclosed real estate and distressed loans (1,468 ) (1,468 ) Return of investments in foreclosed real estate and distressed loans 6,592 6,592 Intercompany advances 35,559 (6,870 ) (28,689 ) — Net cash (used in) provided by investing activities 35,559 (6,870 ) 377 (8,481 ) (28,689 ) (8,104 ) Cash flow (used in) provided by financing activities: Proceeds from loans payable 214,624 214,624 Principal payments of loans payable (12,988 ) (259,346 ) (272,334 ) Proceeds from stock-based benefit plans 17,773 17,773 Excess tax benefits from stock-based compensation 1,866 1,866 Purchase of treasury stock (6,242 ) (6,242 ) Receipts related to noncontrolling interest 50 50 Intercompany advances (83,821 ) 51,134 32,687 — Net cash (used in) provided by financing activities 13,397 — (96,809 ) 6,462 32,687 (44,263 ) Net (decrease) increase in cash and cash equivalents — — (89,814 ) 4,399 — (85,415 ) Cash and cash equivalents, beginning of period — — 455,714 130,601 586,315 Cash and cash equivalents, end of period — — 365,900 135,000 — 500,900

Significant Accounting Polici23

Significant Accounting Policies (Policies)	3 Months Ended
	Jan. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation Policy [Text Block]	Basis of Presentation The accompanying condensed 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.
Consolidation Policy	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. The October 31, 2015 balance sheet amounts and disclosures included herein have been derived from our October 31, 2015 audited financial statements. Since the accompanying condensed consolidated financial statements do not include all the information and footnotes required by U.S. generally accepted accounting principles (“GAAP”) for complete financial statements, we suggest that they be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2015 (“2015 Form 10-K”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, which are of a normal recurring nature, necessary to present fairly our financial position as of January 31, 2016 ; the results of our operations for the three -month periods ended January 31, 2016 and 2015 ; and our cash flows for the three -month periods ended January 31, 2016 and 2015 . The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-04, “Receivables—Troubled Debt Restructurings by Creditors” (“ASU 2014-04”), which clarifies when an 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. We adopted ASU 2014-04 on November 1, 2015, and the adoption did not have a material effect on our condensed consolidated financial statements or disclosures. In February 2016, the FASB issued ASU No. 2016-02, “Leases” (“ASU 2016-02”), which requires an entity to recognize assets and liabilities on the balance sheet for the rights and obligations created by leased assets and provide additional disclosures. ASU 2016-02 is effective for us beginning February 1, 2019, and, at that time, we will adopt the new standard using a modified retrospective approach. We are currently evaluating the impact that the adoption of ASU 2016-02 may have on our condensed consolidated financial statements and 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. Upon adoption of ASU 2015-02, we expect that one unconsolidated joint venture, not previously identified as a VIE, will be determined to be a VIE, which will result in a modification of our current disclosures. However, the adoption of ASU 2015-02 is not expected to have a material effect on our condensed consolidated financial statements. 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 Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition,” and most industry-specific guidance. ASU 2014-09 also supersedes some cost guidance included in ASC 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 that the adoption of ASU 2014-09 may have on our condensed consolidated financial statements and disclosures.

Inventory (Tables)

Inventory (Tables)	3 Months Ended
	Jan. 31, 2016
Inventory Disclosure [Abstract]
Inventory	Inventory at January 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands): January 31, October 31, Land controlled for future communities $ 78,191 $ 75,214 Land owned for future communities 1,913,008 2,033,447 Operating communities 5,188,851 4,888,855 $ 7,180,050 $ 6,997,516
Temporarily Closed communities	Information regarding the classification, number, and carrying value of these temporarily closed communities, as of the dates indicated, is provided in the table below. January 31, October 31, Land owned for future communities: Number of communities 21 15 Carrying value (in thousands) $ 144,979 $ 119,138 Operating communities: Number of communities 7 11 Carrying value (in thousands) $ 39,901 $ 63,668
Inventory impairment charges and expensing of costs that it is believed not to be recoverable	The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands): Three months ended January 31, 2016 2015 Land controlled for future communities $ 381 $ 244 Land owned for future communities 300 Operating communities 600 900 $ 1,281 $ 1,144
Interest incurred, capitalized and expensed	Interest incurred, capitalized, and expensed, for the periods indicated, was as follows (amounts in thousands): Three months ended January 31, 2016 2015 Interest capitalized, beginning of period $ 373,128 $ 356,180 Interest incurred 40,107 40,504 Interest expensed to cost of revenues (32,023 ) (28,377 ) Write-off against other income (275 ) (1,328 ) Interest capitalized on investments in unconsolidated entities (1,007 ) (2,751 ) Interest capitalized, end of period $ 379,930 $ 364,228

Investments in Unconsolidated25

Investments in Unconsolidated Entities (Tables)	3 Months Ended
	Jan. 31, 2016
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 January 31, 2016 , 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 $ 211,965 $ 76,972 $ 116,338 $ 9,589 $ 414,864 Number of unconsolidated entities with funding commitments by the Company 5 2 2 — 9 Company's remaining funding commitment to unconsolidated entities (a) $ 251,607 $ 18,768 $ 4,439 $ — $ 274,814 (a) The remaining funding commitment for our Land Development Joint Ventures includes $90.0 million , which one of the joint ventures expects to fund through outside financing.
Summary of Joint Ventures Borrowing information [Table Text Block]	Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at January 31, 2016 , regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 2 9 15 Aggregate loan commitments $ 470,000 $ 222,000 $ 779,902 $ 1,471,902 Amounts borrowed under commitments $ 429,056 $ 126,869 $ 562,546 $ 1,118,471
Condensed balance sheet aggregated by type of business	Condensed Balance Sheets: January 31, 2016 Land Development Joint Ventures Home Building Joint Ventures Rental Property Joint Ventures Structured Asset Joint Venture Total Cash and cash equivalents $ 35,054 $ 7,830 $ 27,710 $ 37,785 $ 108,379 Inventory 713,254 338,853 1,052,107 Non-performing loan portfolio 17,976 17,976 Rental properties 361,191 361,191 Rental properties under development 381,411 381,411 Real estate owned (“REO”) 98,372 98,372 Other assets 75,522 68,576 11,976 2,469 158,543 Total assets $ 823,830 $ 415,259 $ 782,288 $ 156,602 $ 2,177,979 Debt (1) $ 430,143 $ 132,430 $ 562,546 $ 1,125,119 Other liabilities 31,673 75,017 29,145 4,125 139,960 Members’ equity 362,014 207,812 190,597 61,004 821,427 Noncontrolling interest 91,473 91,473 Total liabilities and equity $ 823,830 $ 415,259 $ 782,288 $ 156,602 $ 2,177,979 Company’s net investment in unconsolidated entities (2) $ 211,965 $ 76,972 $ 116,338 $ 9,589 $ 414,864 October 31, 2015 Land Home Building Rental Property Structured 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 (1) Included in other assets of the Structured Asset Joint Venture at October 31, 2015 is $78.0 million of restricted cash held in a defeasance account that was used to repay debt of the Structured Asset Joint Venture in December 2015. (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; 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 three months ended January 31, 2016 Land Home Building Rental Property Structured Total Revenues $ 12,622 $ 16,042 $ 12,884 $ 938 $ 42,486 Cost of revenues 7,159 13,476 7,691 7,187 35,513 Other expenses 1,029 1,522 6,190 566 9,307 Total expenses 8,188 14,998 13,881 7,753 44,820 Gain on disposition of loans and REO 25,983 25,983 Income (loss) from operations 4,434 1,044 (997 ) 19,168 23,649 Other income (loss) 821 (73 ) 75 182 1,005 Net income (loss) 5,255 971 (922 ) 19,350 24,654 Less: income attributable to noncontrolling interest (11,610 ) (11,610 ) Net income (loss) attributable to controlling interest 5,255 971 (922 ) 7,740 13,044 Other comprehensive income 87 87 Total comprehensive income (loss) $ 5,255 $ 971 $ (835 ) $ 7,740 $ 13,131 Company’s equity in earnings of unconsolidated entities (3) $ 5,006 $ 343 $ 1,742 $ 1,547 $ 8,638 For the three months ended January 31, 2015 Land Home Building Rental Property Structured Total Revenues $ 18,276 $ 19,294 $ 7,611 $ 889 $ 46,070 Cost of revenues 9,630 16,913 3,269 6,074 35,886 Other expenses 135 1,575 4,388 326 6,424 Total expenses 9,765 18,488 7,657 6,400 42,310 Gain on disposition of loans and REO 7,631 7,631 Income (loss) from operations 8,511 806 (46 ) 2,120 11,391 Other income 72 586 658 Net income (loss) 8,511 878 (46 ) 2,706 12,049 Less: income attributable to noncontrolling interest (1,623 ) (1,623 ) Net income (loss) attributable to controlling interest 8,511 878 (46 ) 1,083 10,426 Other comprehensive loss (22 ) (22 ) Total comprehensive income (loss) $ 8,511 $ 878 $ (68 ) $ 1,083 $ 10,404 Company’s equity in earnings of unconsolidated entities (3) $ 2,442 $ 542 $ 1,700 $ 217 $ 4,901 (3) Differences between our equity in earnings of unconsolidated entities and the underlying net income (loss) of the entities are primarily a result of a basis difference of an acquired joint venture interest, distributions from entities in excess of the carrying amount of our net investment, recoveries of previously incurred charges, and our share of the entities’ profits related to home sites purchased by us, which reduces our cost basis of the home sites acquired.

Investments in Foreclosed Rea26

Investments in Foreclosed Real Estate and Distressed Loans (Tables)	3 Months Ended
	Jan. 31, 2016
Investments in Non-Performing Loan Portfolios and Foreclosed Real Estate [Abstract]
Schedule of Investment in Foreclosed Real Estate and Distressed Loans [Table Text Block]	Investments in REO and distressed loans consisted of the following, as of the dates indicated (amounts in thousands): January 31, October 31, Investment in REO: Held and used classification $ 35,128 $ 48,514 Held for sale classification 12,197 1,719 47,325 50,233 Investment in distressed loans 1,251 1,497 $ 48,576 $ 51,730
Schedule of Changes in Real Estate Owned [Table Text Block]	The table below provides, for the periods indicated, the activity in REO (amounts in thousands): Three months ended January 31, 2016 2015 Balance, beginning of period $ 50,233 $ 69,799 Additions 694 1,676 Sales (3,367 ) (4,286 ) Impairments (155 ) (169 ) Depreciation (80 ) (86 ) Balance, end of period $ 47,325 $ 66,934

Loans Payable, Senior Notes a27

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable (Tables)	3 Months Ended
	Jan. 31, 2016
Debt Disclosure [Abstract]
Schedule of Debt [Text Block]	At January 31, 2016 and October 31, 2015 , loans payable consisted of the following (amounts in thousands): January 31, October 31, Senior unsecured term loan $ 500,000 $ 500,000 Credit facility borrowings — 350,000 Loans payable – other 116,464 151,702 Deferred issuance costs (1,166 ) (1,263 ) $ 615,298 $ 1,000,439

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Jan. 31, 2016
Payables and Accruals [Abstract]
Accrued expenses	Accrued expenses at January 31, 2016 and October 31, 2015 consisted of the following (amounts in thousands): January 31, October 31, Land, land development, and construction $ 106,885 $ 118,634 Compensation and employee benefits 121,262 125,045 Self-insurance 115,084 113,727 Warranty 90,661 93,083 Interest 39,195 26,926 Commitments to unconsolidated entities 5,534 5,534 Other 128,456 125,117 $ 607,077 $ 608,066
Changes in the warranty accrual	The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands): Three months ended January 31, 2016 2015 Balance, beginning of period $ 93,083 $ 86,282 Additions – homes closed during the period 4,496 3,918 Increase in accruals for homes closed in prior years 2,453 868 Charges incurred (9,371 ) (6,373 ) Balance, end of period $ 90,661 $ 84,695

Stock-Based Benefit Plans (Tabl

Stock-Based Benefit Plans (Tables)	3 Months Ended
	Jan. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense and income tax benefit recognized	Information regarding the amount of total stock-based compensation expense and tax benefit recognized by us, for the periods indicated, is as follows (amounts in thousands): Three months ended January 31, 2016 2015 Total stock-based compensation expense recognized $ 9,223 $ 7,446 Income tax benefit recognized $ 3,555 $ 2,809

Accumulated Other Comprensive L

Accumulated Other Comprensive Loss (Tables)	3 Months Ended
	Jan. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The tables below provide, for the periods indicated, the components of accumulated other comprehensive loss (amounts in thousands): Three months ended January 31, 2016 Employee retirement plans Derivative instruments Total Balance, beginning of period $ (2,478 ) $ (31 ) $ (2,509 ) Other comprehensive (loss) income before reclassifications (757 ) 43 (714 ) Gross amounts reclassified from accumulated other comprehensive income 230 230 Income tax benefit (expense) 239 (16 ) 223 Other comprehensive (loss) income, net of tax (288 ) 27 (261 ) Balance, end of period $ (2,766 ) $ (4 ) $ (2,770 ) Three months ended January 31, 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 (501 ) 3 (11 ) (509 ) Gross amounts reclassified from accumulated other comprehensive income 216 216 Income tax benefit (expense) 107 (1 ) 4 110 Other comprehensive (loss) income, net of tax (178 ) 2 (7 ) (183 ) Balance, end of period $ (2,967 ) $ — $ (54 ) $ (3,021 )

Stock Issuance and Stock Repurc

Stock Issuance and Stock Repurchase Program (Tables)	3 Months Ended
	Jan. 31, 2016
Stock Repurchase Program [Abstract]
Stock repurchase program	The table below provides, for the periods indicated, information about our share repurchase programs: Three months ended January 31, 2016 2015 Number of shares purchased (in thousands) 4,770 201 Average price per share $ 31.48 $ 31.08 Remaining authorization at January 31 (in thousands) 13,765 19,999 Subsequent to January 31, 2016, we repurchased approximately 2.0 million shares of our common stock at an average price of $27.19 per share.

Income Per Share Information (T

Income Per Share Information (Tables)	3 Months Ended
	Jan. 31, 2016
Earnings Per Share [Abstract]
Calculation of income per share	The table below provides, for the periods indicated, information pertaining to the calculation of income per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands): Three months ended January 31, 2016 2015 Numerator: Net income as reported $ 73,180 $ 81,325 Plus interest and costs attributable to 0.5% Exchangeable Senior Notes, net of income tax benefit 389 394 Numerator for diluted earnings per share $ 73,569 $ 81,719 Denominator: Basic weighted-average shares 174,205 176,076 Common stock equivalents (a) 2,328 2,173 Shares attributable to 0.5% Exchangeable Senior Notes 5,858 5,858 Diluted weighted-average shares 182,391 184,107 Other information: Weighted-average number of antidilutive options and restricted stock units (b) 2,954 2,367 Shares issued under stock incentive and employee stock purchase plans 473 677 (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 closing price of our common stock on the NYSE for the period.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Jan. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Summary of assets and (liabilities), measured at fair value on a recurring basis	The table below provides, as of the dates indicated, a summary of assets (liabilities) related to our financial instruments, measured at fair value on a recurring basis (amounts in thousands): Fair value Financial Instrument Fair value hierarchy January 31, October 31, 2015 Marketable Securities Level 2 $ 10,001 Residential Mortgage Loans Held for Sale Level 2 $ 73,145 $ 123,175 Forward Loan Commitments — Residential Mortgage Loans Held for Sale Level 2 $ 478 $ 186 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ 871 $ (297 ) Forward Loan Commitments — IRLCs Level 2 $ (871 ) $ 297
Aggregate unpaid principal and fair value of mortgage loans held for sale	The table below provides, as of the dates indicated, the aggregate unpaid principal and fair value of mortgage loans held for sale (amounts in thousands): Aggregate unpaid principal balance Fair value Excess At January 31, 2016 $ 71,875 $ 73,145 $ 1,270 At October 31, 2015 $ 121,904 $ 123,175 $ 1,271
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 Fair value of Impairment charges recognized Fiscal 2016: January 31 43 2 $ 1,713 $ 600 $ 600 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
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 (amounts in thousands): January 31, 2016 October 31, 2015 Fair value Book value Estimated fair value Book value Estimated fair value Loans payable (a) Level 2 $ 616,464 $ 616,213 $ 1,001,702 $ 1,001,366 Senior notes (b) Level 1 2,707,376 2,799,841 2,707,376 2,877,039 Mortgage company loan facility (c) Level 2 63,907 63,907 100,000 100,000 $ 3,387,747 $ 3,479,961 $ 3,809,078 $ 3,978,405 (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 Nonrecurring Basis, Valuation Techniques [Table Text Block]	e table below summarizes, for the periods indicated, the ranges of certain quantitative unobservable inputs utilized in determining the fair value of impaired operating communities: Three months ended: Selling price per unit ($ in thousands) Sales pace per year (in units) Discount rate Fiscal 2016: January 31 — — — Fiscal 2015: January 31 289 - 680 1 - 7 13.5% - 16.0% April 30 527 - 600 13 - 25 17.0% July 31 788 - 1,298 4 - 8 15.5% - 16.2% October 31 301 - 764 3 - 24 16.3% - 22.0% T

Other Income - Net (Tables)

Other Income - Net (Tables)	3 Months Ended
	Jan. 31, 2016
Other Income and Expenses [Abstract]
Other Income - net	The table below provides, for the periods indicated, the components of other income – net (amounts in thousands): Three months ended January 31, 2016 2015 Interest income $ 404 $ 488 Income from ancillary businesses 3,729 10,839 Gibraltar 828 822 Management fee income from unconsolidated entities 2,107 2,979 Retained customer deposits 2,113 1,340 Income from land sales 3,998 4,817 Other 541 731 Total other income – net $ 13,720 $ 22,016
Revenues and expenses of non-core ancillary businesses	The table below provides, for the periods indicated, revenues and expenses for our ancillary businesses (amounts in thousands): Three months ended January 31, 2016 2015 Revenue $ 24,869 $ 31,280 Expense $ 21,140 $ 20,441
Schedule of revenues and expenses from land sales [Table Text Block]	The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands): Three months ended January 31, 2016 2015 Revenue $ 10,691 $ 104,021 Deferred gain on land sale to joint venture (9,260 ) Expense (6,693 ) (89,944 ) Income from land sales $ 3,998 $ 4,817

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Jan. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Company land purchase commitments	Information regarding our land purchase commitments, as of the dates indicated, is provided in the table below (amounts in thousands): January 31, 2016 October 31, 2015 Aggregate purchase commitments: Unrelated parties $ 1,099,657 $ 1,081,008 Unconsolidated entities that the Company has investments in 136,340 136,340 Total $ 1,235,997 $ 1,217,348 Deposits against aggregate purchase commitments $ 78,097 $ 79,072 Additional cash required to acquire land 1,157,900 1,138,276 Total $ 1,235,997 $ 1,217,348 Amount of additional cash required to acquire land in accrued expenses $ 1,680 $ 4,809
Company mortgage commitments	Information regarding our mortgage commitments, as of the dates indicated, is provided in the table below (amounts in thousands): January 31, October 31, 2015 Aggregate mortgage loan commitments: IRLCs $ 371,770 $ 316,184 Non-IRLCs 1,026,586 941,243 Total $ 1,398,356 $ 1,257,427 Investor commitments to purchase: IRLCs $ 371,770 $ 316,184 Mortgage loans receivable 67,374 115,859 Total $ 439,144 $ 432,043

Information on Operating Segm36

Information on Operating Segments (Tables)	3 Months Ended
	Jan. 31, 2016
Segment Reporting [Abstract]
Revenue and income (loss) before income taxes and total assets	Revenue and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands): Three months ended January 31, 2016 2015 Revenues: Traditional Home Building: North $ 120,818 $ 132,436 Mid-Atlantic 169,808 163,388 South 146,798 161,867 West 137,258 122,353 California 216,903 165,589 Traditional Home Building 791,585 745,633 City Living 136,981 107,819 Total $ 928,566 $ 853,452 Income (loss) before income taxes: Traditional Home Building: North $ 8,033 $ 10,567 Mid-Atlantic 16,983 18,724 South 21,245 23,324 West 19,688 20,431 California 43,536 24,928 Traditional Home Building 109,485 97,974 City Living 43,680 51,345 Corporate and other (36,348 ) (25,296 ) Total $ 116,817 $ 124,023 “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 segments, as of the dates indicated, are shown in the table below (amounts in thousands): January 31, October 31, Traditional Home Building: North $ 1,103,413 $ 1,061,777 Mid-Atlantic 1,220,407 1,225,988 South 1,244,100 1,196,650 West 1,028,305 949,566 California 2,277,125 2,243,309 Traditional Home Building 6,873,350 6,677,290 City Living 846,668 873,013 Corporate and other 1,043,419 1,656,212 Total $ 8,763,437 $ 9,206,515 “Corporate and other” is comprised principally of cash and cash equivalents, marketable securities, restricted cash, deferred tax assets, the assets of our Gibraltar investments, manufacturing facilities, and our mortgage subsidiary.
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 January 31, 2016: Traditional Home Building: North $ 18,073 $ 149,220 $ 908,254 $ 1,075,547 Mid-Atlantic 34,612 190,805 959,860 1,185,277 South 4,389 97,072 969,104 1,070,565 West 3,308 231,142 776,103 1,010,553 California 17,056 828,158 1,246,340 2,091,554 Traditional Home Building 77,438 1,496,397 4,859,661 6,433,496 City Living 753 416,611 329,190 746,554 $ 78,191 $ 1,913,008 $ 5,188,851 $ 7,180,050 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
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 segments, for the periods indicated, are shown in the table below (amounts in thousands): Three months ended January 31, 2016 2015 Traditional Home Building: North $ 12 $ 430 Mid-Atlantic 9 161 South 635 549 West 625 4 Total $ 1,281 $ 1,144
Schedule of investments and equity in earnings in unconsolidated entities, by segment [Table Text Block]	Investments in unconsolidated entities and equity in earnings from such investments for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): Equity in earnings from Investments in unconsolidated entities Three months ended January 31, January 31, October 31, 2016 2015 Traditional Home Building: Mid-Atlantic $ 12,332 $ 12,167 $ — $ — South 95,394 97,041 2,424 2,766 West — — 2,921 504 California 123,951 128,338 187 83 Traditional Home Building 231,677 237,546 5,532 3,353 City Living 57,260 52,634 (183 ) (369 ) Corporate and other 125,927 122,680 3,289 1,917 Total $ 414,864 $ 412,860 $ 8,638 $ 4,901

Supplemental Disclosure to Co37

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows (Tables)	3 Months Ended
	Jan. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental disclosures to the statements of cash flows	The following are supplemental disclosures to the Condensed Consolidated Statements of Cash Flows, for the periods indicated (amounts in thousands): Three months ended January 31, 2016 2015 Cash flow information: Interest capitalized, net of amount paid $ 8,227 $ 1,299 Income tax payments $ 38,781 $ 102,772 Income tax refunds $ 1,874 $ 71 Noncash activity: Cost of inventory acquired through seller financing or municipal bonds, net $ 10,534 $ 26,211 Reduction in inventory for our share of earnings in land purchased from unconsolidated entities $ 160 $ 2,324 Defined benefit plan amendment $ 757 $ 501 Deferred tax decrease related to stock based compensation activity included in additional paid-in capital $ 3,249 Increase in accrued expenses related to stock based compensation $ 6,230 Income tax benefit recognized in total comprehensive income $ 223 $ 110 Unrealized gain (loss) on derivatives held by equity investees $ 43 $ (11 ) (Decrease) increase in investments in unconsolidated entities for change in the fair value of debt guarantees $ (1 ) $ 1,431 Miscellaneous decreases to investments in unconsolidated entities $ (96 )

Supplemental Guarantor Inform38

Supplemental Guarantor Information (Tables)	3 Months Ended
	Jan. 31, 2016
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 January 31, 2016 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). Condensed Consolidating Balance Sheet at January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents — — 178,762 157,482 — 336,244 Restricted cash 15,192 255 13,903 29,350 Inventory 6,756,683 423,367 7,180,050 Property, construction and office equipment, net 119,303 15,443 134,746 Receivables, prepaid expenses and other assets 108 175,176 169,600 (51,417 ) 293,467 Mortgage loans held for sale 73,145 73,145 Customer deposits held in escrow 57,012 1,290 58,302 Investments in unconsolidated entities 109,031 305,833 414,864 Investments in foreclosed real estate and distressed loans 48,576 48,576 Investments in and advances to consolidated entities 4,004,727 2,740,891 4,740 (6,750,358 ) — Deferred tax assets, net of valuation allowances 194,693 194,693 4,214,720 2,740,891 7,400,962 1,208,639 (6,801,775 ) 8,763,437 LIABILITIES AND EQUITY Liabilities Loans payable 615,298 615,298 Senior notes 2,673,316 17,573 2,690,889 Mortgage company loan facility 63,907 63,907 Customer deposits 293,703 7,579 301,282 Accounts payable 263,955 497 264,452 Accrued expenses 38,160 352,643 269,844 (53,570 ) 607,077 Advances from consolidated entities 1,870,150 747,531 (2,617,681 ) — Income taxes payable 64,567 64,567 Total liabilities 64,567 2,711,476 3,395,749 1,089,358 (2,653,678 ) 4,607,472 Equity Stockholders’ equity Common stock 1,779 48 3,006 (3,054 ) 1,779 Additional paid-in capital 718,412 49,400 1,734 (51,134 ) 718,412 Retained earnings (deficits) 3,668,382 (19,985 ) 4,005,169 108,725 (4,093,909 ) 3,668,382 Treasury stock, at cost (235,654 ) (235,654 ) Accumulated other comprehensive loss (2,766 ) (4 ) (2,770 ) Total stockholders’ equity 4,150,153 29,415 4,005,213 113,465 (4,148,097 ) 4,150,149 Noncontrolling interest 5,816 5,816 Total equity 4,150,153 29,415 4,005,213 119,281 (4,148,097 ) 4,155,965 4,214,720 2,740,891 7,400,962 1,208,639 (6,801,775 ) 8,763,437 Condensed Consolidating Balance Sheet at October 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor 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 (deficits) 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 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) for the three months ended January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Revenues 784,596 170,223 (26,253 ) 928,566 Cost of revenues 624,801 90,087 (2,577 ) 712,311 Selling, general and administrative 12 969 125,905 17,973 (23,063 ) 121,796 12 969 750,706 108,060 (25,640 ) 834,107 Income (loss) from operations (12 ) (969 ) 33,890 62,163 (613 ) 94,459 Other: Income from unconsolidated entities 2,997 5,641 8,638 Other income – net 2,391 8,169 4,193 (1,033 ) 13,720 Intercompany interest income 36,497 (36,497 ) — Interest expense (37,895 ) (248 ) 38,143 — Income from subsidiaries 114,438 69,382 (183,820 ) — Income (loss) before income taxes 116,817 (2,367 ) 114,438 71,749 (183,820 ) 116,817 Income tax provision (benefit) 43,637 (912 ) 44,104 27,652 (70,844 ) 43,637 Net income (loss) 73,180 (1,455 ) 70,334 44,097 (112,976 ) 73,180 Other comprehensive (loss) income (288 ) 27 (261 ) Total comprehensive income (loss) 72,892 (1,455 ) 70,361 44,097 (112,976 ) 72,919 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) for the three months ended January 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Revenues 862,154 15,602 (24,304 ) 853,452 Cost of revenues 652,212 1,666 (3,846 ) 650,032 Selling, general and administrative 14 908 112,043 13,389 (20,040 ) 106,314 14 908 764,255 15,055 (23,886 ) 756,346 Income (loss) from operations (14 ) (908 ) 97,899 547 (418 ) 97,106 Other: Income from unconsolidated entities 4,722 179 4,901 Other income – net 2,370 10,233 10,585 (1,172 ) 22,016 Intercompany interest income 36,193 (36,193 ) — Interest expense (37,652 ) (131 ) 37,783 — Income from subsidiaries 121,667 8,813 (130,480 ) — Income (loss) before income taxes 124,023 (2,367 ) 121,667 11,180 (130,480 ) 124,023 Income tax provision (benefit) 42,698 (891 ) 45,808 4,209 (49,126 ) 42,698 Net income (loss) 81,325 (1,476 ) 75,859 6,971 (81,354 ) 81,325 Other comprehensive loss (178 ) (5 ) (183 ) Total comprehensive income (loss) 81,147 (1,476 ) 75,854 6,971 (81,354 ) 81,142 Condensed Consolidating Statement of Cash Flows for the three months ended January 31, 2016 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Net cash (used in) provided by operating activities 18,482 14,528 (178,283 ) 132,051 (10,003 ) (23,225 ) Cash flow provided by (used in) investing activities: Purchase of property and equipment - net (1,667 ) 74 (1,593 ) Sale and redemption of marketable securities 10,000 10,000 Investment in unconsolidated entities (1,445 ) (10,393 ) (11,838 ) Return of investments in unconsolidated entities 12,167 2,637 14,804 Investment in foreclosed real estate and distressed loans (694 ) (694 ) Return of investments in foreclosed real estate and distressed loans 5,321 5,321 Dividend received - intercompany 5,000 (5,000 ) — Intercompany advances 126,587 (14,464 ) (112,123 ) — Net cash provided by (used in) investing activities 126,587 (14,464 ) 14,055 6,945 (117,123 ) 16,000 Cash flow used in financing activities: Debt issuance costs for senior notes (64 ) (64 ) Proceeds from loans payable 339,854 339,854 Principal payments of loans payable (394,592 ) (375,947 ) (770,539 ) Proceeds from stock-based benefit plans 4,769 4,769 Excess tax benefits from stock-based compensation 297 297 Purchase of treasury stock (150,135 ) (150,135 ) Receipts related to noncontrolling interest, net 294 294 Dividend paid - intercompany (5,000 ) 5,000 — Intercompany advances (46,017 ) (76,109 ) 122,126 — Net cash used in financing activities (145,069 ) (64 ) (440,609 ) (116,908 ) 127,126 (575,524 ) Net (decrease) increase in cash and cash equivalents — — (604,837 ) 22,088 — (582,749 ) Cash and cash equivalents, beginning of period — — 783,599 135,394 — 918,993 Cash and cash equivalents, end of period — — 178,762 157,482 — 336,244 Condensed Consolidating Statement of Cash Flows for the three months ended January 31, 2015 : Toll Brothers, Inc. Subsidiary Issuer Guarantor Subsidiaries Nonguarantor Eliminations Consolidated Net cash (used in) provided by operating activities (48,956 ) 6,870 6,618 6,418 (3,998 ) (33,048 ) Cash flow (used in) provided by investing activities: Purchase of property and equipment — net (2,528 ) (356 ) (2,884 ) Sale and redemption of marketable securities 2,000 2,000 Investments in unconsolidated entities (595 ) (18,089 ) (18,684 ) Return of investments in unconsolidated entities 1,500 4,840 6,340 Investment in foreclosed real estate and distressed loans (1,468 ) (1,468 ) Return of investments in foreclosed real estate and distressed loans 6,592 6,592 Intercompany advances 35,559 (6,870 ) (28,689 ) — Net cash (used in) provided by investing activities 35,559 (6,870 ) 377 (8,481 ) (28,689 ) (8,104 ) Cash flow (used in) provided by financing activities: Proceeds from loans payable 214,624 214,624 Principal payments of loans payable (12,988 ) (259,346 ) (272,334 ) Proceeds from stock-based benefit plans 17,773 17,773 Excess tax benefits from stock-based compensation 1,866 1,866 Purchase of treasury stock (6,242 ) (6,242 ) Receipts related to noncontrolling interest 50 50 Intercompany advances (83,821 ) 51,134 32,687 — Net cash (used in) provided by financing activities 13,397 — (96,809 ) 6,462 32,687 (44,263 ) Net (decrease) increase in cash and cash equivalents — — (89,814 ) 4,399 — (85,415 ) Cash and cash equivalents, beginning of period — — 455,714 130,601 586,315 Cash and cash equivalents, end of period — — 365,900 135,000 — 500,900

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Total Inventory
Inventory	$ 7,180,050	$ 6,997,516
Land controlled for future communities [Member]
Total Inventory
Inventory	78,191	75,214
Land Owned for Future Communities [Member]
Total Inventory
Inventory	1,913,008	2,033,447
Operating communities [Member]
Total Inventory
Inventory	$ 5,188,851	$ 4,888,855

Inventory (Details 1)

Inventory (Details 1) $ in Thousands	Jan. 31, 2016USD ($)communities	Oct. 31, 2015USD ($)communities
Land Owned for Future Communities [Member]
Temporarily Closed communities
Number of Communities (in ones) | communities	21	15
Carrying Value | $	$ 144,979	$ 119,138
Operating communities [Member]
Temporarily Closed communities
Number of Communities (in ones) | communities	7	11
Carrying Value | $	$ 39,901	$ 63,668

Inventory (Details 2)

Inventory (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Schedule of inventory [Line Items]
Inventory Write-down	$ 1,281	$ 1,144
Land controlled for future communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	381	$ 244
Land Owned for Future Communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	300
Operating communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	$ 600	$ 900

Inventory (Details 3)

Inventory (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Inventory Disclosure [Abstract]
Interest capitalized, beginning of period	$ 373,128	$ 356,180
Interest incurred	40,107	40,504
Interest expensed to cost of revenues	(32,023)	(28,377)
Write-off against other income	(275)	(1,328)
Interest capitalized on investments in unconsolidated entities	(1,007)	(2,751)
Interest capitalized, end of period	$ 379,930	$ 364,228

Inventory (Details Textual)

Inventory (Details Textual) - Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] $ in Thousands	Jan. 31, 2016USD ($)	Oct. 31, 2015USD ($)
Variable Interest Entity [Line Items]
Number of VIE Land Purchase Contracts (in ones)	59	61
Aggregate purchase price of VIE lands	$ 640,500	$ 663,600
Deposits for purchase of lands with VIE entities	$ 41,000	$ 45,000

Investments in Unconsolidated44

Investments in Unconsolidated Entities (Details 1) $ in Thousands	Jan. 31, 2016USD ($)joint_ventures	Oct. 31, 2015USD ($)
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	21
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 414,864	$ 412,860
Number of joint venture with funding commitments | joint_ventures	9
Other Commitment | $	$ 274,814
Land Development Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	7
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 211,965	214,060
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 Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	3
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 76,972	76,120
Number of joint venture with funding commitments | joint_ventures	2
Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	10
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 116,338	110,454
Number of joint venture with funding commitments | joint_ventures	2
Structured Asset Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	1
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 9,589	$ 12,226
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 Equity Method Investments [Line Items]
Other Commitment | $	$ 251,607
Number of joint ventures with funding commitments expected to be funded through borrowings | joint_ventures	1
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	$ 18,768
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Rental Joint Ventures, including Trusts i and II [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	4,439
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Structured Asset Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	$ 0

Investments in Unconsolidated45

Investments in Unconsolidated Entities (Details 2) $ in Thousands	Jan. 31, 2016USD ($)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	$ 1,471,902
Amounts borrowed under commitments	$ 1,118,471
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	$ 470,000
Amounts borrowed under commitments	$ 429,056
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	$ 126,869
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	$ 779,902
Amounts borrowed under commitments	$ 562,546

Investments in Unconsolidated46

Investments in Unconsolidated Entities (Details Textual)	3 Months Ended		20 Months Ended
	Jan. 31, 2016USD ($)joint_ventureshome_sites	Jan. 31, 2015USD ($)	Apr. 17, 2015USD ($)	Oct. 31, 2015USD ($)
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	$ 274,814,000
Land Sales	10,691,000	$ 104,021,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	414,864,000			$ 412,860,000
Line of Credit Facility, Maximum Borrowing Capacity	1,471,902,000
Long-term Line of Credit	$ 1,118,471,000
Number of Joint Ventures | joint_ventures	21
Management Fees Revenue	$ 2,107,000	2,979,000
Residential and Hotel JV [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	$ 160,000,000
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
Secured Debt	$ 320,000,000
Expected Percentage Of Homes To Be Sold To Each Joint Venture Partner	50.00%
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
Long-term Line of Credit	79,800,000
Home Building Joint Venture Metro New York Two [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	98,000,000
Long-term Line of Credit	47,100,000
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
Long-term Line of Credit	900,000
Rental Property Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	62,000,000
Long-term Line of Credit	27,500,000
Toll Brothers Realty Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Partners' Capital Account, Distributions	$ 2,000,000	2,000,000
Toll Brothers Realty Trust [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	33.30%
Toll Brothers Realty Trust [Member] | Management [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	33.30%
Land Development Joint Venture, Irvine, California [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	$ 220,300,000
Equity Method Investment, Ownership Percentage	50.00%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 77,021,000
Home Building Joint Venture Metro New York Three [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Payments to Acquire Interest in Joint Venture	$ 15,900,000
Equity Method Investment, Ownership Percentage	25.00%
Land Sales		78,500,000
Retail Land Sales, Installment Method, Gross Profit, Deferred		9,260,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 17,000,000
Home Building Joint Venture Metro New York Two [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	50.00%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 40,200,000
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]
Other Commitment	10,500,000
Rental Property Joint Ventures Q Two Fiscal Fifteen [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Land Sales	14,500,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 10,100,000
Number of Joint Ventures | joint_ventures	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]
Equity Method Investment, Ownership Percentage	75.00%
Rental Property Joint Venture Metro New York [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	50.00%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 27,000,000
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]
Other Commitment	$ 4,000,000
Toll Brothers Realty Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	33.30%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 0
Management Fees Revenue	400,000	$ 600,000
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	945,200,000
Long-term Line of Credit	$ 591,800,000

Investments in Unconsolidated47

Investments in Unconsolidated Entities (Details Textual 2) $ in Thousands	3 Months Ended
	Jan. 31, 2016USD ($)joint_ventures	Oct. 31, 2015USD ($)joint_ventures
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,471,902
Amounts borrowed under commitments	1,118,471
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	414,864	$ 412,860
Other Commitment	274,814
Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Fair Value Disclosure	$ 4,800
Equity Method Investee [Member] | Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [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	1
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 6,500	$ 6,700
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	945,200
Amounts borrowed under commitments	591,800
Guarantor Obligations, Maximum Exposure, Undiscounted	945,200
Guarantees, Repayment and Carry Cost, Maximum	85,800
Maxiumum guarantor obigation for borrowings by JVs	591,800
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	$ 59,900
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	P10M
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	P51M
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member] | Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 89,800	89,800
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	14,300	14,300
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	$ 10,200
Number of JVs, ground lease and other	3
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Ventures [Member] | Equity Method Investee [Member] | Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Other Commitment	$ 400	$ 400

Investments in Unconsolidated48

Investments in Unconsolidated Entities (Details 3) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Condensed Balance Sheets:
Cash and cash equivalents	$ 108,379	$ 95,263
Inventory	1,052,107	1,024,157
Non-performing loan portfolio	17,976	27,572
Rental properties	361,191	278,897
Rental properties under development	381,411	390,399
Real estate owned ("REO")	98,372	117,758
Other assets	158,543	224,617
Total assets	2,177,979	2,158,663
Debt	1,125,119	1,127,121
Other liabilities	139,960	130,315
Member's equity	821,427	806,327
Non-controlling interest	91,473	94,900
Total liabilities and equity	2,177,979	2,158,663
Investments in and advances to unconsolidated entities	414,864	412,860
Restricted cash	29,350	16,795
Land Development Joint Venture [Member]
Condensed Balance Sheets:
Cash and cash equivalents	35,054	29,281
Inventory	$ 713,254	$ 701,527
Non-performing loan portfolio
Rental properties
Rental properties under development
Real estate owned ("REO")
Other assets	$ 75,522	$ 70,799
Total assets	823,830	801,607
Debt	430,143	417,025
Other liabilities	31,673	29,772
Member's equity	$ 362,014	$ 354,810
Non-controlling interest
Total liabilities and equity	$ 823,830	$ 801,607
Investments in and advances to unconsolidated entities	211,965	214,060
Home Building Joint Ventures, Total [Member]
Condensed Balance Sheets:
Cash and cash equivalents	7,830	11,203
Inventory	$ 338,853	$ 322,630
Non-performing loan portfolio
Rental properties
Rental properties under development
Real estate owned ("REO")
Other assets	$ 68,576	$ 61,144
Total assets	415,259	394,977
Debt	132,430	117,251
Other liabilities	75,017	70,078
Member's equity	$ 207,812	$ 207,648
Non-controlling interest
Total liabilities and equity	$ 415,259	$ 394,977
Investments in and advances to unconsolidated entities	76,972	76,120
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Balance Sheets:
Cash and cash equivalents	$ 27,710	$ 44,310
Inventory
Non-performing loan portfolio
Rental properties	$ 361,191	$ 278,897
Rental properties under development	$ 381,411	$ 390,399
Real estate owned ("REO")
Other assets	$ 11,976	$ 12,199
Total assets	782,288	725,805
Debt	562,546	514,895
Other liabilities	29,145	30,329
Member's equity	$ 190,597	$ 180,581
Non-controlling interest
Total liabilities and equity	$ 782,288	$ 725,805
Investments in and advances to unconsolidated entities	116,338	110,454
Structured Asset Joint Venture [Member]
Condensed Balance Sheets:
Cash and cash equivalents	$ 37,785	$ 10,469
Inventory
Non-performing loan portfolio	$ 17,976	$ 27,572
Rental properties
Rental properties under development
Real estate owned ("REO")	$ 98,372	$ 117,758
Other assets	2,469	80,475
Total assets	$ 156,602	236,274
Debt		77,950
Other liabilities	$ 4,125	136
Member's equity	61,004	63,288
Non-controlling interest	91,473	94,900
Total liabilities and equity	156,602	236,274
Investments in and advances to unconsolidated entities	$ 9,589	12,226
Restricted cash		$ 78,000

Investments in Unconsolidated49

Investments in Unconsolidated Entities (Details 4) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Condensed Statements of Operations:
Revenues	$ 42,486	$ 46,070
Cost of revenues	35,513	35,886
Other expenses	9,307	6,424
Total expenses	44,820	42,310
Gain on disposition of loans and REO	25,983	7,631
Income (loss) from operations	23,649	11,391
Other income	1,005	658
Net income (loss)	24,654	12,049
Less: income attributable to noncontrolling interest	(11,610)	(1,623)
Net income (loss) attributable to controlling interest	13,044	10,426
Other comprehensive income (loss)	87	(22)
Total comprehensive income (loss)	13,131	10,404
Income (loss) from unconsolidated entities	8,638	4,901
Land Development Joint Venture [Member]
Condensed Statements of Operations:
Revenues	12,622	18,276
Cost of revenues	7,159	9,630
Other expenses	1,029	135
Total expenses	$ 8,188	$ 9,765
Gain on disposition of loans and REO
Income (loss) from operations	$ 4,434	$ 8,511
Other income	821
Net income (loss)	$ 5,255	$ 8,511
Less: income attributable to noncontrolling interest
Net income (loss) attributable to controlling interest	$ 5,255	$ 8,511
Other comprehensive income (loss)
Total comprehensive income (loss)	$ 5,255	$ 8,511
Income (loss) from unconsolidated entities	5,006	2,442
Home Building Joint Ventures, Total [Member]
Condensed Statements of Operations:
Revenues	16,042	19,294
Cost of revenues	13,476	16,913
Other expenses	1,522	1,575
Total expenses	$ 14,998	$ 18,488
Gain on disposition of loans and REO
Income (loss) from operations	$ 1,044	$ 806
Other income	(73)	72
Net income (loss)	$ 971	$ 878
Less: income attributable to noncontrolling interest
Net income (loss) attributable to controlling interest	$ 971	$ 878
Other comprehensive income (loss)
Total comprehensive income (loss)	$ 971	$ 878
Income (loss) from unconsolidated entities	343	542
Rental Joint Ventures, including Trusts i and II [Member]
Condensed Statements of Operations:
Revenues	12,884	7,611
Cost of revenues	7,691	3,269
Other expenses	6,190	4,388
Total expenses	$ 13,881	$ 7,657
Gain on disposition of loans and REO
Income (loss) from operations	$ (997)	$ (46)
Other income	75
Net income (loss)	$ (922)	$ (46)
Less: income attributable to noncontrolling interest
Net income (loss) attributable to controlling interest	$ (922)	$ (46)
Other comprehensive income (loss)	87	(22)
Total comprehensive income (loss)	(835)	(68)
Income (loss) from unconsolidated entities	1,742	1,700
Structured Asset Joint Venture [Member]
Condensed Statements of Operations:
Revenues	938	889
Cost of revenues	7,187	6,074
Other expenses	566	326
Total expenses	7,753	6,400
Gain on disposition of loans and REO	25,983	7,631
Income (loss) from operations	19,168	2,120
Other income	182	586
Net income (loss)	19,350	2,706
Less: income attributable to noncontrolling interest	(11,610)	(1,623)
Net income (loss) attributable to controlling interest	$ 7,740	$ 1,083
Other comprehensive income (loss)
Total comprehensive income (loss)	$ 7,740	$ 1,083
Income (loss) from unconsolidated entities	$ 1,547	$ 217

Investments in Foreclosed Rea50

Investments in Foreclosed Real Estate and Distressed Loans (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015	Jan. 31, 2015	Oct. 31, 2014
Real Estate Properties [Line Items]
Real Estate Acquired Through Foreclosure	$ 47,325	$ 50,233	$ 66,934	$ 69,799
Investment in distressed loans	1,251	1,497
Investments in foreclosed real estate and distressed loans	48,576	51,730
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Real Estate Properties [Line Items]
Real Estate Acquired Through Foreclosure	12,197	1,719
real estate held and used [Member]
Real Estate Properties [Line Items]
Real Estate Acquired Through Foreclosure	$ 35,128	$ 48,514

Investments in Foreclosed Rea51

Investments in Foreclosed Real Estate (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Schedule of changes in real estate owned [Roll Forward]
Real Estate Acquired Through Foreclosure	$ 50,233	$ 69,799
Real Estate Owned Additions	694	1,676
Real Estate Owned, Sales	(3,367)	(4,286)
Real Estate Owned, Impairments	(155)	(169)
Real Estate Held And Used Depreciation	(80)	(86)
Real Estate Acquired Through Foreclosure	$ 47,325	$ 66,934

Loans Payable, Senior Notes a52

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Long-term Line of Credit	$ 1,118,471
Other Loans Payable	116,464	$ 151,702
Loans payable	615,298	1,000,439
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit	0	350,000
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Long-term Debt, Noncurrent	500,000	500,000
Deferred Finance Costs, Net	$ (1,166)	$ (1,263)

Loans Payable, Senior Notes a53

Loans Payable, Senior Notes and Mortgage Company Loan Facility Term Loan Facility (Details Textual 1) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Apr. 30, 2014	Oct. 31, 2014	Jan. 31, 2016
Five year term note [Member]
Debt Instrument [Line Items]
Debt Instrument, Term		5 years
Proceeds from Bank Debt	$ 485	$ 15
Debt Instrument, Interest Rate at Period End			1.83%
Guarantor Subsidiaries [Member]
Debt Instrument [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent			100.00%

Loans Payable, Senior Notes a54

Loans Payable, Senior Notes and Mortgage Company Loan Facility Credit Facility (Details Textual 2) - USD ($)	3 Months Ended
	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Aug. 01, 2013
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,471,902,000
Long-term Line of Credit		$ 1,118,471,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 1,035,000,000
Line of Credit Facility, term of contract		5 years
Line of Credit Facility, Expiration Date		Aug. 1, 2018
Maximum Permissible Leverage Ratio		175.00%
Minimum Net Worth Required for Compliance		$ 2,530,000,000
Existing Leverage Ratio		.7446
Tangible Net Worth		$ 4,120,000,000
Ability to repurchase common stock		1,900,000,000
Long-term Line of Credit		0	$ 350,000,000
Letters of Credit Outstanding, Amount		$ 108,300,000
Debt Instrument, Interest Rate at Period End		1.93%
Guarantor Subsidiaries [Member]
Line of Credit Facility [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent		100.00%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Proceeds from Lines of Credit	$ 75,000,000

Loans Payable, Senior Notes a55

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable - Other (Details Textual 3)	Jan. 31, 2016
Loans Payable [Member]
Debt Instrument [Line Items]
Debt, Weighted Average Interest Rate	3.83%

Loans Payable, Senior Notes a56

Loans Payable, Senior Notes and Mortgage Company Loan Facility Senior Notes Payable (Details Textual 4) $ in Thousands	3 Months Ended
	Jan. 31, 2016USD ($)debtissuances	Jul. 31, 2015USD ($)	Oct. 31, 2015USD ($)	Oct. 30, 2015USD ($)	Jun. 02, 2005
Senior Note Payable (Textual) [Abstract]
Number of issuances of senior debt | debtissuances	8
Issued Senior Notes	$ 2,690,889		$ 2,689,801
Senior Notes [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Face Amount	2,707,000
4.875% Senior Notes Due 2025 [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Face Amount	350,000
Issued Senior Notes	$ 350,000			$ 350,000
Debt Instrument, Interest Rate, Stated Percentage	4.875%			4.875%
Proceeds from Debt, Net of Issuance Costs	$ 347,700
5.15% Senior Notes due 2015 [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Interest Rate, Stated Percentage					5.15%
Repayments of Senior Debt		$ 300,000

Loans Payable, Senior Notes a57

Loans Payable, Senior Notes and Mortgage Company Loan Facility Mortgage Company Loan Facility (Details Textual 5) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Oct. 31, 2015
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,471,902
Mortgage company loan facility	63,907	$ 100,000
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, Interest Rate, Stated Percentage Rate Range, Minimum	2.00%
Debt Instrument, Interest Rate, Effective Percentage	2.19%
Mortgage company loan facility	$ 63,900
London Interbank Offered Rate (LIBOR) [Member] | Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.00%

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015	Jan. 31, 2015	Oct. 31, 2014
Accrued expenses
Land, land development and construction	$ 106,885	$ 118,634
Compensation and employee benefits	121,262	125,045
Self-insurance	115,084	113,727
Warranty	90,661	93,083	$ 84,695	$ 86,282
Interest	39,195	26,926
Commitments to unconsolidated entities	5,534	5,534
Other	128,456	125,117
Accrued expenses, Total	$ 607,077	$ 608,066

Accrued Expenses (Detail Textua

Accrued Expenses (Detail Textuals)	12 Months Ended
	Oct. 31, 2015communities
Construction Claims, Three Community Associations, West Region [Member]
Loss Contingencies [Line Items]
Loss Contingency, New Claims Filed, Number	3

Accrued Expenses (Details 1)

Accrued Expenses (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Changes in the warranty accrual
Balance, beginning of year	$ 93,083	$ 86,282
Additions - homes closed during the year	4,496	3,918
Charges incurred	(9,371)	(6,373)
Balance, end of year	90,661	84,695
Warranty change, homes closed in prior period, other [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior periods	$ 2,453	$ 868

Income Taxes (Details Textual)

Income Taxes (Details Textual) $ in Thousands	3 Months Ended		12 Months Ended
	Jan. 31, 2016USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2015USD ($)
Income Taxes (Textual) [Abstract]
Income Tax Expense	$ 43,637	$ 42,698
Effective Income Tax Rate Reconciliation, Percent	37.40%	34.40%
Number of states	19
Unrecognized Tax Benefits	$ 52,500
State and Local Jurisdiction [Member]
Income Taxes (Textual) [Abstract]
Effective Income Tax Rate Reconciliation, Percent	6.70%		6.30%
Deferred Tax Assets, Valuation Allowance	$ 31,300		$ 31,100

Stock-Based Benefit Plans (Deta

Stock-Based Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based expense recognized	$ 9,223	$ 7,446
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 3,555	$ 2,809

Stock-Based Benefit Plans (De63

Stock-Based Benefit Plans (Details Textual) - USD ($) $ in Millions	Jan. 31, 2016	Oct. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 44.7	$ 25.2

Accumulated Other Comprehensi64

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, beginning of period	$ (2,509)	$ (2,838)
Other comprehensive (loss) income before reclassifications	(714)	(509)
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax	230	216
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	223	110
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(261)	(183)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, end of period	(2,770)	(3,021)
Employee retirement plans [Member]
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, beginning of period	(2,478)	(2,789)
Other comprehensive (loss) income before reclassifications	(757)	(501)
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax	230	216
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	239	107
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(288)	(178)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, end of period	(2,766)	(2,967)
Available-for-sale-securities [Member]
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, beginning of period		(2)
Other comprehensive (loss) income before reclassifications		$ 3
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent		$ (1)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		2
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, end of period		0
Derivative instruments [Member]
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, beginning of period	(31)	(47)
Other comprehensive (loss) income before reclassifications	$ 43	$ (11)
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	$ (16)	$ 4
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	27	(7)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Balance, end of period	$ (4)	$ (54)

Stock Issuance and Stock Repu65

Stock Issuance and Stock Repurchase Program (Details) - $ / shares shares in Thousands	3 Months Ended
	Apr. 30, 2016	Jan. 31, 2016	Jan. 31, 2015
Share Repurchase Program [Abstract]
Number of shares purchased		4,770	201
Average price per share		$ 31.48	$ 31.08
Remaining authorization at January 31:		13,765	19,999
Subsequent Event [Member]
Share Repurchase Program [Abstract]
Number of shares purchased	2,000
Average price per share	$ 27.19

Stock issuance and stock repu66

Stock issuance and stock repurchase program (Details Textual) - shares shares in Thousands	Dec. 16, 2014	Mar. 31, 2003
Stock Issuance and Stock Repurchase Program [Abstract]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	20,000	20,000

Income Per Share Information (D

Income Per Share Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Sep. 05, 2012
Earnings Per Share [Abstract]
Net Income Attributable to Parent	$ 73,180	$ 81,325
Interest on Convertible Debt, Net of Tax	389	394
Net Income Available to Common Stockholders, Diluted	$ 73,569	$ 81,719
Basic weighted-average shares	174,205	176,076
Common stock equivalents	2,328	2,173
Incremental Common Shares Attributable to Conversion of Debt Securities	5,858	5,858
Diluted weighted-average shares	182,391	184,107
Debt Instrument [Line Items]
Shares Issued under Stock Incentive and Employee Stock Purchase Plans	473	677
Zero Point Five Percent Exchangeable Senior Notes Due Two Thousand and Thirty Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			0.50%
Restricted Stock Units RSU And Employee Stock Option Member [Member]
Debt Instrument [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,954	2,367

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	Jan. 31, 2016	Oct. 31, 2015
Forward Contracts [Member] | Residential Mortgage [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset/(Liability)	$ 478	$ 186
Corporate Debt Securities [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Fair value of securities		10,001
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	$ 73,145	123,175
Interest Rate Lock Commitments [Member] | Forward Contracts [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative (Liability)/Asset	(871)
Derivative Asset/(Liability)		297
Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative (Liability)/Asset		$ (297)
Derivative Asset/(Liability)	$ 871

Fair Value Disclosures (Level69

Fair Value Disclosures (Level 4 loan UPB vs FV) (Details 1) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Aggregate unpaid principal and fair value of mortgage loans held for sale
Mortgage Loans on Real Estate, Commercial and Consumer, Net	$ 73,145	$ 123,175
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
Aggregate unpaid principal balance	71,875	121,904
Mortgage Loans on Real Estate, Commercial and Consumer, Net	73,145	123,175
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables	$ 1,270	$ 1,271

Fair Value Disclosures (Level70

Fair Value Disclosures (Level 4 Inv Impair inputs) (Details 2) - Operating communities [Member] $ in Thousands	3 Months Ended
	Jan. 31, 2016USD ($)Homes_sold	Oct. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Jan. 31, 2015USD ($)
Minimum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price		$ 301	$ 788	$ 527	$ 289
Sales Pace (in ones)		3	4	13	1
Fair Value Inputs, Discount Rate		16.30%	15.50%	17.00%	13.50%
Maximum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price		$ 764	$ 1,298	$ 600	$ 680
Sales Pace (in ones)		24	8	25	7
Fair Value Inputs, Discount Rate		22.00%	16.20%	17.00%	16.00%

Fair Value Disclosures (Level71

Fair Value Disclosures (Level 4 inventory fv) (Details 3) $ in Thousands	3 Months Ended					12 Months Ended
	Jan. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2015USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	$ 1,281				$ 1,144
Operating communities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	$ 600					$ 22,300
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 (in ones)	43	44	40	52	58
Number of Communities Impaired (in ones)	2	3	3	1	4
Fair Value Of Communities Net Of Impairment Charges	$ 1,713	$ 8,726	$ 13,527	$ 16,235	$ 24,968	$ 8,726
Inventory Write-down	$ 600	$ 4,300	$ 6,000	$ 11,100	$ 900

Fair Value Disclosures (Level72

Fair Value Disclosures (Level 4 debt fv) (Details 4) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
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	$ 616,464	$ 1,001,702
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	63,907	100,000
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	2,707,376
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	616,213	1,001,366
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	63,907	100,000
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	2,799,841	2,877,039
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	3,387,747	3,809,078
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	$ 3,479,961	$ 3,978,405

Other Income - Net (Details)

Other Income - Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Other Nonoperating Income By Component [Line Items]
Interest income	$ 404	$ 488
Income from Ancillary Businesses	3,729	10,839
Management fee income from unconsolidated entities	2,107	2,979
Retained customer deposits	2,113	1,340
Income from land sales	3,998	4,817
Other	541	731
Total other income - net	13,720	22,016
Revenues and expenses of non-core ancillary businesses
Revenue	24,869	31,280
Expense	21,140	20,441
Revenues and expenses from land sales [Abstract]
Revenue	10,691	104,021
Expense	6,693	89,944
Income from land sales	3,998	4,817
Gibraltar [Member]
Other Nonoperating Income By Component [Line Items]
Gibraltar	$ 828	822
Home Building Joint Venture Metro New York Three [Member]
Revenues and expenses from land sales [Abstract]
Revenue		78,500
Deferred gain on land sale to joint venture		$ (9,260)

Other Income - Net (Details Tex

Other Income - Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses	$ 3,729	$ 10,839
Land Sales	$ 10,691	104,021
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	$ 1,600	$ 8,100

Commitments and Contingencies75

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Company's land purchase commitments
Purchase Obligation	$ 1,235,997	$ 1,217,348
Land Purchase Commitment To Unrelated Party [Member]
Company's land purchase commitments
Purchase Obligation	1,099,657	1,081,008
Land Purchase Commitment To JV [Member]
Company's land purchase commitments
Purchase Obligation	136,340	136,340
Land Parcel Purchase Commitment [Member]
Company's land purchase commitments
Deposits against aggregate purchase commitments	78,097	79,072
Additional cash required to acquire land	1,157,900	1,138,276
Amount of Additional Cash Required to Acquire Land Included in Accrued Expenses	$ 1,680	$ 4,809

Commitments and Contingencies76

Commitments and Contingencies (Details Textual) $ in Thousands	Jan. 31, 2016USD ($)home_sites	Oct. 31, 2015USD ($)
Long-term Purchase Commitment [Line Items]
Expected Lot Purchase | home_sites	3,600
Purchase Obligation	$ 1,235,997	$ 1,217,348
Land for Apartment Development Purchase Commitment [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	63,500
Deposits against Aggregate Purchase Commitments	$ 2,200

Commitments and Contingencies77

Commitments and Contingencies (Details Textual 1) $ in Millions	Jan. 31, 2016USD ($)luxury_homes
Backlog Information [Abstract]
Number of homes to be delivered (in ones) | luxury_homes	4,251
Aggregate sales value of outstanding homes to be delivered	$ 3,660
Revolving Credit Facility [Member]
Loss Contingencies [Line Items]
Outstanding letter of credit	108.3
Surety Bond Construction Improvements [Member]
Loss Contingencies [Line Items]
Loss Contingency, Range of Possible Loss, Maximum	620.5
Amount of work remains on improvements in the Company's various communities	331.7
Surety Bond Other Obligations [Member]
Loss Contingencies [Line Items]
Additional outstanding surety bonds	$ 130.1

Commitments and Contingencies78

Commitments and Contingencies (Details 1) - Loan Origination Commitments [Member] - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Company's mortgage commitments
Unused Commitments to Extend Credit	$ 1,398,356	$ 1,257,427
Investor commitments to purchase	439,144	432,043
Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	371,770	316,184
Investor commitments to purchase	371,770	316,184
Non Interest Rate Lock Commitments [Member] [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	1,026,586	941,243
Mortgage Receivable [Member]
Company's mortgage commitments
Investor commitments to purchase	$ 67,374	$ 115,859

Information on Operating Segm79

Information on Operating Segments (Details Textual)	3 Months Ended
	Jan. 31, 2016
Information on Operating Segments [Abstract]
Number of Operating Segments	2
Number of Geographic Segments	5

Information on Operating Segm80

Information on Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Oct. 31, 2015
Revenues
Revenues	$ 928,566	$ 853,452
Income (loss) before income taxes
Income before income taxes	116,817	124,023
Total assets
Total assets	8,763,437		$ 9,206,515
North [Member]
Revenues
Revenues	120,818	132,436
Income (loss) before income taxes
Income before income taxes	8,033	10,567
Total assets
Total assets	1,103,413		1,061,777
Mid-Atlantic [Member]
Revenues
Revenues	169,808	163,388
Income (loss) before income taxes
Income before income taxes	16,983	18,724
Total assets
Total assets	1,220,407		1,225,988
South [Member]
Revenues
Revenues	146,798	161,867
Income (loss) before income taxes
Income before income taxes	21,245	23,324
Total assets
Total assets	1,244,100		1,196,650
West [Member]
Revenues
Revenues	137,258	122,353
Income (loss) before income taxes
Income before income taxes	19,688	20,431
Total assets
Total assets	1,028,305		949,566
California [Member]
Revenues
Revenues	216,903	165,589
Income (loss) before income taxes
Income before income taxes	43,536	24,928
Total assets
Total assets	2,277,125		2,243,309
Traditional Homebuilding [Member]
Revenues
Revenues	791,585	745,633
Income (loss) before income taxes
Income before income taxes	109,485	97,974
Total assets
Total assets	6,873,350		6,677,290
City Living [Member]
Revenues
Revenues	136,981	107,819
Income (loss) before income taxes
Income before income taxes	43,680	51,345
Total assets
Total assets	846,668		873,013
Corporate and other [Member]
Income (loss) before income taxes
Income before income taxes	(36,348)	$ (25,296)
Total assets
Total assets	$ 1,043,419		$ 1,656,212

Information on Operating Segm81

Information on Operating Segments (Details 1) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015
Segment Reporting, Inventory [Line items]
Inventory	$ 7,180,050	$ 6,997,516
Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	78,191	75,214
Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,913,008	2,033,447
Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	5,188,851	4,888,855
North [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,075,547	1,024,474
North [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	18,073	12,858
North [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	149,220	146,063
North [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	908,254	865,553
Mid-Atlantic [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,185,277	1,184,003
Mid-Atlantic [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	34,612	33,196
Mid-Atlantic [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	190,805	194,058
Mid-Atlantic [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	959,860	956,749
South [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,070,565	1,016,936
South [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	4,389	4,861
South [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	97,072	205,562
South [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	969,104	806,513
West [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,010,553	933,362
West [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	3,308	8,417
West [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	231,142	198,689
West [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	776,103	726,256
California [Member]
Segment Reporting, Inventory [Line items]
Inventory	2,091,554	2,063,173
California [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	17,056	14,386
California [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	828,158	899,675
California [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,246,340	1,149,112
Traditional Homebuilding [Member]
Segment Reporting, Inventory [Line items]
Inventory	6,433,496	6,221,948
Traditional Homebuilding [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	77,438	73,718
Traditional Homebuilding [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	1,496,397	1,644,047
Traditional Homebuilding [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	4,859,661	4,504,183
City Living [Member]
Segment Reporting, Inventory [Line items]
Inventory	746,554	775,568
City Living [Member] | Land controlled for future communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	753	1,496
City Living [Member] | Land Owned for Future Communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	416,611	389,400
City Living [Member] | Operating communities [Member]
Segment Reporting, Inventory [Line items]
Inventory	$ 329,190	$ 384,672

Information on Operating Segm82

Information on Operating Segments Information on Operating Segments (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 1,281	$ 1,144
North [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	12	430
Mid-Atlantic [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	9	161
South [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	635	549
West [Member]
Schedule of inventory impairments, by segment [Line Items]
Inventory Write-down	$ 625	$ 4

Information on Operating Segm83

Information on Operating Segments Information on Operating Segments (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Oct. 31, 2015
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 414,864		$ 412,860
Income (loss) from unconsolidated entities	8,638	$ 4,901
Mid-Atlantic [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	12,332		12,167
Income (loss) from unconsolidated entities	0	0
South [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	95,394		97,041
Income (loss) from unconsolidated entities	2,424	2,766
West [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	0		0
Income (loss) from unconsolidated entities	2,921	504
California [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	123,951		128,338
Income (loss) from unconsolidated entities	187	83
Traditional Homebuilding [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	231,677		237,546
Income (loss) from unconsolidated entities	5,532	3,353
City Living [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	57,260		52,634
Income (loss) from unconsolidated entities	(183)	(369)
Corporate and other [Member]
Segment Reporting, Investment in Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	125,927		$ 122,680
Income (loss) from unconsolidated entities	$ 3,289	$ 1,917

Supplemental Disclosure to Co84

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Cash flow information:
Interest Capitalized Net of Amounts Paid	$ 8,227	$ 1,299
Income tax payment	38,781	102,772
Income tax refunds	1,874	71
Non-cash activity:
Cost of inventory acquired through seller financing municipal bonds or recorded due to VIE criteria, net	10,534	26,211
Reduction in inventory, share of equity earnings, land purchase from JV	160	2,324
Defined Benefit Plan, Plan Amendments	757	$ 501
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net	3,249
Increase in Accrued Expenses, noncash, stock compensation activity	6,230
Other Comprehensive Income (Loss), Tax	223	$ 110
Increase Decrease In Investment In Unconsolidated Subsidiary Due to Unrealized Gain Loss On Derivatives	43	(11)
Change in fair value of debt guarantees	$ (1)	1,431
Miscellaneous increases (decreases) to investments in unconsolidated entities		$ (96)

Supplemental Guarantor Inform85

Supplemental Guarantor Information (Level 4 Senior Note table) (Details) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015	Oct. 30, 2015
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 2,690,889	$ 2,689,801
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	5.625%
4.875% Senior Notes Due 2025 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 350,000
Senior notes	$ 350,000		$ 350,000
Interest rate on notes	4.875%		4.875%
Senior Notes Due Two Thousand Thirty-Two [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Issued Senior Notes	$ 287,500
Senior notes	$ 287,500
Interest rate on notes	0.50%

Supplemental Guarantor Inform86

Supplemental Guarantor Information (Level 4 BS) (Details 1) - USD ($) $ in Thousands	Jan. 31, 2016	Oct. 31, 2015	Jan. 31, 2015	Oct. 31, 2014
ASSETS
Cash and cash equivalents	$ 336,244	$ 918,993	$ 500,900	$ 586,315
Marketable securities		10,001
Restricted cash	$ 29,350	16,795
Inventory	7,180,050	6,997,516
Property, construction and office equipment, net	134,746	136,755
Receivables, prepaid expenses and other assets	293,467	284,130
Mortgage loans held for sale	73,145	123,175
Customer deposits held in escrow	58,302	56,105
Investments in and advances to unconsolidated entities	414,864	412,860
Investments in foreclosed real estate and distressed loans	48,576	51,730
Investments in and advances to consolidated entities	0	0
Deferred tax assets, net of valuation allowances	194,693	198,455
Total assets	8,763,437	9,206,515
Liabilities:
Loans payable	615,298	1,000,439
Senior notes	2,690,889	2,689,801
Mortgage company loan facility	63,907	100,000
Customer deposits	301,282	284,309
Accounts payable	264,452	236,953
Accrued expenses	607,077	608,066
Advances from Affiliiate	0	0
Income taxes payable	64,567	58,868
Total liabilities	4,607,472	4,978,436
Equity:
Common stock	1,779	1,779
Additional paid-in capital	718,412	728,125
Retained earnings	3,668,382	3,595,202
Treasury stock, at cost	(235,654)	(100,040)
Accumulated other comprehensive loss	(2,770)	(2,509)	(3,021)	(2,838)
Total stockholders' equity	4,150,149	4,222,557
Noncontrolling interest	5,816	5,522
Total equity	4,155,965	4,228,079
Total liabilities and stockholders' equity	8,763,437	9,206,515
Toll Brothers Inc. [Member]
ASSETS
Cash and cash equivalents	0	$ 0	0	0
Marketable securities
Restricted cash	$ 15,192	$ 15,227
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses and other assets	$ 108	$ 52
Mortgage loans held for sale
Customer deposits held in escrow
Investments in and advances to unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and advances to consolidated entities	$ 4,004,727	$ 4,067,722
Deferred tax assets, net of valuation allowances	194,693	198,455
Total assets	$ 4,214,720	$ 4,281,456
Liabilities:
Loans payable
Senior notes
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses
Advances from Affiliiate
Income taxes payable	$ 64,567	$ 58,868
Total liabilities	64,567	58,868
Equity:
Common stock	1,779	1,779
Additional paid-in capital	718,412	728,125
Retained earnings	3,668,382	3,595,202
Treasury stock, at cost	(235,654)	(100,040)
Accumulated other comprehensive loss	(2,766)	(2,478)
Total stockholders' equity	$ 4,150,153	$ 4,222,588
Noncontrolling interest
Total equity	$ 4,150,153	$ 4,222,588
Total liabilities and stockholders' equity	4,214,720	4,281,456
Subsidiary Issuer [Member]
ASSETS
Cash and cash equivalents	$ 0	$ 0	0	0
Marketable securities
Restricted cash
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 and advances to unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and advances to consolidated entities	$ 2,740,891	$ 2,726,428
Deferred tax assets, net of valuation allowances
Total assets	$ 2,740,891	$ 2,726,428
Liabilities:
Loans payable
Senior notes	$ 2,673,316	$ 2,669,860
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	$ 38,160	$ 25,699
Advances from Affiliiate
Income taxes payable
Total liabilities	$ 2,711,476	$ 2,695,559
Equity:
Common stock
Additional paid-in capital	$ 49,400	$ 49,400
Retained earnings	$ (19,985)	$ (18,531)
Treasury stock, at cost
Accumulated other comprehensive loss
Total stockholders' equity	$ 29,415	$ 30,869
Noncontrolling interest
Total equity	$ 29,415	$ 30,869
Total liabilities and stockholders' equity	2,740,891	2,726,428
Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	178,762	$ 783,599	365,900	455,714
Marketable securities
Restricted cash	255	$ 499
Inventory	6,756,683	6,530,698
Property, construction and office equipment, net	119,303	121,178
Receivables, prepaid expenses and other assets	$ 175,176	$ 149,268
Mortgage loans held for sale
Customer deposits held in escrow	$ 57,012	$ 51,767
Investments in and advances to unconsolidated entities	$ 109,031	$ 115,999
Investments in foreclosed real estate and distressed loans
Investments in and advances to consolidated entities	$ 4,740	$ 4,740
Deferred tax assets, net of valuation allowances
Total assets	$ 7,400,962	$ 7,757,748
Liabilities:
Loans payable	$ 615,298	$ 1,000,439
Senior notes
Mortgage company loan facility
Customer deposits	$ 293,703	$ 271,124
Accounts payable	263,955	236,436
Accrued expenses	352,643	361,089
Advances from Affiliiate	$ 1,870,150	$ 1,932,075
Income taxes payable
Total liabilities	$ 3,395,749	$ 3,801,163
Equity:
Common stock	$ 48	$ 48
Additional paid-in capital
Retained earnings	$ 4,005,169	$ 3,956,568
Treasury stock, at cost
Accumulated other comprehensive loss	$ (4)	$ (31)
Total stockholders' equity	$ 4,005,213	$ 3,956,585
Noncontrolling interest
Total equity	$ 4,005,213	$ 3,956,585
Total liabilities and stockholders' equity	7,400,962	7,757,748
Nonguarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	157,482	135,394	135,000	$ 130,601
Marketable securities		10,001
Restricted cash	13,903	1,069
Inventory	423,367	466,818
Property, construction and office equipment, net	15,443	15,577
Receivables, prepaid expenses and other assets	169,600	178,680
Mortgage loans held for sale	73,145	123,175
Customer deposits held in escrow	1,290	4,338
Investments in and advances to unconsolidated entities	305,833	296,861
Investments in foreclosed real estate and distressed loans	$ 48,576	$ 51,730
Investments in and advances to consolidated entities
Deferred tax assets, net of valuation allowances
Total assets	$ 1,208,639	$ 1,283,643
Liabilities:
Loans payable
Senior notes
Mortgage company loan facility	$ 63,907	$ 100,000
Customer deposits	7,579	13,185
Accounts payable	497	517
Accrued expenses	269,844	266,411
Advances from Affiliiate	$ 747,531	$ 850,374
Income taxes payable
Total liabilities	$ 1,089,358	$ 1,230,487
Equity:
Common stock	3,006	3,006
Additional paid-in capital	1,734	1,734
Retained earnings	$ 108,725	$ 42,894
Treasury stock, at cost
Accumulated other comprehensive loss
Total stockholders' equity	$ 113,465	$ 47,634
Noncontrolling interest	5,816	5,522
Total equity	119,281	53,156
Total liabilities and stockholders' equity	1,208,639	1,283,643
Eliminations [Member]
ASSETS
Cash and cash equivalents	$ 0	$ 0	$ 0
Marketable securities
Restricted cash
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses and other assets	$ (51,417)	$ (43,870)
Mortgage loans held for sale
Customer deposits held in escrow
Investments in and advances to unconsolidated entities
Investments in foreclosed real estate and distressed loans
Investments in and advances to consolidated entities	$ (6,750,358)	$ (6,798,890)
Deferred tax assets, net of valuation allowances
Total assets	$ (6,801,775)	$ (6,842,760)
Liabilities:
Loans payable
Senior notes	$ 17,573	$ 19,941
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	$ (53,570)	$ (45,133)
Advances from Affiliiate	$ (2,617,681)	$ (2,782,449)
Income taxes payable
Total liabilities	$ (2,653,678)	$ (2,807,641)
Equity:
Common stock	(3,054)	(3,054)
Additional paid-in capital	(51,134)	(51,134)
Retained earnings	$ (4,093,909)	$ (3,980,931)
Treasury stock, at cost
Accumulated other comprehensive loss
Total stockholders' equity	$ (4,148,097)	$ (4,035,119)
Noncontrolling interest
Total equity	$ (4,148,097)	$ (4,035,119)
Total liabilities and stockholders' equity	$ (6,801,775)	$ (6,842,760)

Supplemental Guarantor Inform87

Supplemental Guarantor Information (Level 4 IS) (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Supplemental Condensed Consolidating Statement of Operations
Revenues	$ 928,566	$ 853,452
Cost of revenues	712,311	650,032
Selling, general and administrative	121,796	106,314
Total	834,107	756,346
Income (loss) from operations	94,459	97,106
Other [Abstract]
Income (loss) from unconsolidated entities	8,638	4,901
Other income - net	13,720	22,016
Intercompany interest income	0	0
Interest Expense	0	0
Income from subsidiaries	0	0
Income (loss) before income taxes	116,817	124,023
Income tax provision (benefit)	43,637	42,698
Net income (loss)	73,180	81,325
Other Comprehensive Income (Loss), Net of Tax	(261)	(183)
Comprehensive Income (loss), Net of Tax, Attributable to Parent	$ 72,919	$ 81,142
Toll Brothers Inc. [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Selling, general and administrative	$ 12	$ 14
Total	12	14
Income (loss) from operations	$ (12)	$ (14)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net	$ 2,391	$ 2,370
Intercompany interest income
Interest Expense
Income from subsidiaries	$ 114,438	$ 121,667
Income (loss) before income taxes	116,817	124,023
Income tax provision (benefit)	43,637	42,698
Net income (loss)	73,180	81,325
Other Comprehensive Income (Loss), Net of Tax	(288)	(178)
Comprehensive Income (loss), Net of Tax, Attributable to Parent	$ 72,892	$ 81,147
Subsidiary Issuer [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Selling, general and administrative	$ 969	$ 908
Total	969	908
Income (loss) from operations	$ (969)	$ (908)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net
Intercompany interest income	$ 36,497	$ 36,193
Interest Expense	$ (37,895)	$ (37,652)
Income from subsidiaries
Income (loss) before income taxes	$ (2,367)	$ (2,367)
Income tax provision (benefit)	(912)	(891)
Net income (loss)	$ (1,455)	$ (1,476)
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	$ (1,455)	$ (1,476)
Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	784,596	862,154
Cost of revenues	624,801	652,212
Selling, general and administrative	125,905	112,043
Total	750,706	764,255
Income (loss) from operations	33,890	97,899
Other [Abstract]
Income (loss) from unconsolidated entities	2,997	4,722
Other income - net	$ 8,169	$ 10,233
Intercompany interest income
Interest Expense
Income from subsidiaries	$ 69,382	$ 8,813
Income (loss) before income taxes	114,438	121,667
Income tax provision (benefit)	44,104	45,808
Net income (loss)	70,334	75,859
Other Comprehensive Income (Loss), Net of Tax	27	(5)
Comprehensive Income (loss), Net of Tax, Attributable to Parent	70,361	75,854
Nonguarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	170,223	15,602
Cost of revenues	90,087	1,666
Selling, general and administrative	17,973	13,389
Total	108,060	15,055
Income (loss) from operations	62,163	547
Other [Abstract]
Income (loss) from unconsolidated entities	5,641	179
Other income - net	$ 4,193	$ 10,585
Intercompany interest income
Interest Expense	$ (248)	$ (131)
Income from subsidiaries
Income (loss) before income taxes	$ 71,749	$ 11,180
Income tax provision (benefit)	27,652	4,209
Net income (loss)	$ 44,097	$ 6,971
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	$ 44,097	$ 6,971
Eliminations [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	(26,253)	(24,304)
Cost of revenues	(2,577)	(3,846)
Selling, general and administrative	(23,063)	(20,040)
Total	(25,640)	(23,886)
Income (loss) from operations	$ (613)	$ (418)
Other [Abstract]
Income (loss) from unconsolidated entities
Other income - net	$ (1,033)	$ (1,172)
Intercompany interest income	(36,497)	(36,193)
Interest Expense	38,143	37,783
Income from subsidiaries	(183,820)	(130,480)
Income (loss) before income taxes	(183,820)	(130,480)
Income tax provision (benefit)	(70,844)	(49,126)
Net income (loss)	$ (112,976)	$ (81,354)
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	$ (112,976)	$ (81,354)

Supplemental Guarantor Inform88

Supplemental Guarantor Information (Level 4 CF) (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	$ (23,225)	$ (33,048)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	(1,593)	(2,884)
Sale and redemption of marketable securities	10,000	2,000
Investment in and advances to unconsolidated entities	(11,838)	(18,684)
Return of investments in unconsolidated entities	14,804	6,340
Investment in distressed loans and foreclosed real estate	(694)	(1,468)
Return of investments in distressed loans and foreclosed real estate	5,321	6,592
Proceeds from Dividends Received	0
Intercompany investing advances (to) from consolidated entities	0	0
Net cash provided by (used in) investing activities	16,000	$ (8,104)
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt	(64)
Proceeds from Notes Payable	339,854	$ 214,624
Principal payments of loans payable	(770,539)	(272,334)
Proceeds from stock-based benefit plans	4,769	17,773
Excess Tax Benefit from Share-based Compensation, Financing Activities	297	1,866
Purchase of treasury stock	(150,135)	(6,242)
Proceeds from (Payments to) Noncontrolling Interests	294	50
Payments of Dividends	0
Intercompany financing advances (to) from consolidated entities	0	0
Net cash provided by (used in) financing activities	(575,524)	(44,263)
Net increase (decrease) in cash and cash equivalents	(582,749)	(85,415)
Cash and cash equivalents, beginning of period	918,993	586,315
Cash and cash equivalents, end of period	336,244	500,900
Toll Brothers Inc. [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	$ 18,482	$ (48,956)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Sale and redemption of marketable securities
Investment in and advances to unconsolidated entities
Return of investments in unconsolidated entities
Investment in distressed loans and foreclosed real estate
Return of investments in distressed loans and foreclosed real estate
Proceeds from Dividends Received
Intercompany investing advances (to) from consolidated entities	$ 126,587	$ 35,559
Net cash provided by (used in) investing activities	$ 126,587	$ 35,559
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt
Proceeds from Notes Payable
Principal payments of loans payable
Proceeds from stock-based benefit plans	$ 4,769	$ 17,773
Excess Tax Benefit from Share-based Compensation, Financing Activities	297	1,866
Purchase of treasury stock	$ (150,135)	$ (6,242)
Proceeds from (Payments to) Noncontrolling Interests
Payments of Dividends
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities	$ (145,069)	$ 13,397
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Subsidiary Issuer [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	$ 14,528	$ 6,870
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Sale and redemption of marketable securities
Investment in and advances to unconsolidated entities
Return of investments in unconsolidated entities
Investment in distressed loans and foreclosed real estate
Return of investments in distressed loans and foreclosed real estate
Proceeds from Dividends Received
Intercompany investing advances (to) from consolidated entities	$ (14,464)	$ (6,870)
Net cash provided by (used in) investing activities	(14,464)	$ (6,870)
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt	$ (64)
Proceeds from Notes Payable
Principal payments of loans payable
Proceeds from stock-based benefit plans
Excess Tax Benefit from Share-based Compensation, Financing Activities
Purchase of treasury stock
Proceeds from (Payments to) Noncontrolling Interests
Payments of Dividends
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities	$ (64)	$ 0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Guarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	(178,283)	6,618
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	$ (1,667)	(2,528)
Sale and redemption of marketable securities		2,000
Investment in and advances to unconsolidated entities	$ (1,445)	(595)
Return of investments in unconsolidated entities	$ 12,167	$ 1,500
Investment in distressed loans and foreclosed real estate
Return of investments in distressed loans and foreclosed real estate
Proceeds from Dividends Received	$ 5,000
Intercompany investing advances (to) from consolidated entities
Net cash provided by (used in) investing activities	$ 14,055	$ 377
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt
Proceeds from Notes Payable
Principal payments of loans payable	$ (394,592)	$ (12,988)
Proceeds from stock-based benefit plans
Excess Tax Benefit from Share-based Compensation, Financing Activities
Purchase of treasury stock
Proceeds from (Payments to) Noncontrolling Interests
Payments of Dividends
Intercompany financing advances (to) from consolidated entities	$ (46,017)	$ (83,821)
Net cash provided by (used in) financing activities	(440,609)	(96,809)
Net increase (decrease) in cash and cash equivalents	(604,837)	(89,814)
Cash and cash equivalents, beginning of period	783,599	455,714
Cash and cash equivalents, end of period	178,762	365,900
Nonguarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	132,051	6,418
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	74	$ (356)
Sale and redemption of marketable securities	10,000
Investment in and advances to unconsolidated entities	(10,393)	$ (18,089)
Return of investments in unconsolidated entities	2,637	4,840
Investment in distressed loans and foreclosed real estate	(694)	(1,468)
Return of investments in distressed loans and foreclosed real estate	$ 5,321	$ 6,592
Proceeds from Dividends Received
Intercompany investing advances (to) from consolidated entities
Net cash provided by (used in) investing activities	$ 6,945	$ (8,481)
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt
Proceeds from Notes Payable	$ 339,854	214,624
Principal payments of loans payable	$ (375,947)	$ (259,346)
Proceeds from stock-based benefit plans
Excess Tax Benefit from Share-based Compensation, Financing Activities
Purchase of treasury stock
Proceeds from (Payments to) Noncontrolling Interests	$ 294	$ 50
Payments of Dividends	(5,000)
Intercompany financing advances (to) from consolidated entities	(76,109)	51,134
Net cash provided by (used in) financing activities	(116,908)	6,462
Net increase (decrease) in cash and cash equivalents	22,088	4,399
Cash and cash equivalents, beginning of period	135,394	130,601
Cash and cash equivalents, end of period	157,482	135,000
Eliminations [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations	$ (10,003)	$ (3,998)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Sale and redemption of marketable securities
Investment in and advances to unconsolidated entities
Return of investments in unconsolidated entities
Investment in distressed loans and foreclosed real estate
Return of investments in distressed loans and foreclosed real estate
Proceeds from Dividends Received	$ (5,000)
Intercompany investing advances (to) from consolidated entities	(112,123)	$ (28,689)
Net cash provided by (used in) investing activities	$ (117,123)	$ (28,689)
Cash flow (used in) provided by financing activities:
Payments of Debt Issuance Costs Senior Long Term Debt
Proceeds from Notes Payable
Principal payments of loans payable
Proceeds from stock-based benefit plans
Excess Tax Benefit from Share-based Compensation, Financing Activities
Purchase of treasury stock
Proceeds from (Payments to) Noncontrolling Interests
Payments of Dividends	$ 5,000
Intercompany financing advances (to) from consolidated entities	122,126	$ 32,687
Net cash provided by (used in) financing activities	127,126	32,687
Net increase (decrease) in cash and cash equivalents	0	$ 0
Cash and cash equivalents, beginning of period	0
Cash and cash equivalents, end of period	$ 0	$ 0

Supplemental Guarantor Inform89

Supplemental Guarantor Information Supplemental Guarantor Information (Level 4 Textuals) (Details)	Jan. 31, 2016
Entity Information [Line Items]
Supplemental Guarantor Information, consolidated net worth of released guarantor subsidiary	5.00%
supplemental guarantor information, consolidated net worth of all released guarantor subsidiaries	10.00%
supplemental guarantor information, consolidated net worth, all released guarantor subs, default cure	15.00%
Guarantor Subsidiary Release From Guaranty [Member]
Entity Information [Line Items]
Subsidiary of Company, Ownership Percentage by Parent	100.00%
Guarantor Subsidiaries [Member]
Entity Information [Line Items]
Subsidiary of Company, Ownership Percentage by Parent	100.00%