Toll Brothers (TOL) 10-Q 4 Sep 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Jul. 31, 2020	Sep. 01, 2020
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2020
Document Transition Report	false
Entity File Number	001-09186
Entity Registrant Name	Toll Brothers, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	23-2416878
Entity Address, Address Line One	250 Gibraltar Road
Entity Address, City or Town	Horsham
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19044
City Area Code	215
Local Phone Number	938-8000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		126,183,000
Entity Central Index Key	0000794170
Current Fiscal Year End Date	--10-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Stock [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	TOL
Security Exchange Name	NYSE
Senior Notes Due 2024 [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Entity Information [Line Items]
Title of 12(b) Security	Guarantee of Toll Brothers Finance Corp. 5.625% Senior Notes due 2024
Trading Symbol	TOL/24
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
ASSETS
Cash and cash equivalents	$ 559,348	$ 1,286,014
Inventory	8,034,515	7,873,048
Property, construction and office equipment, net	313,513	273,412
Receivables, prepaid expenses and other assets	968,416	715,441
Mortgage loans held for sale, at fair value	161,540	218,777
Customer deposits held in escrow	78,094	74,403
Investments in unconsolidated entities	412,766	366,252
Income Taxes Receivable	9,239	20,791
Total assets	10,537,431	10,828,138
Assets	10,537,431	10,828,138
Liabilities:
Loans payable	1,082,025	1,111,449
Senior notes	2,661,301	2,659,898
Mortgage company loan facility	122,189	150,000
Customer deposits	437,008	385,596
Accounts payable	375,900	348,599
Accrued expenses	1,014,822	950,932
Income taxes payable	118,058	102,971
Total liabilities	5,811,303	5,709,445
Stockholders' equity:
Preferred stock, none issued	0	0
Common stock, 152,937 shares issued July 31, 2020 and October 31, 2019, respectively	1,529	1,529
Additional paid-in capital	722,115	726,879
Retained earnings	4,978,832	4,774,422
Treasury stock, at cost - 26,997 and 11,999 shares at July 31, 2020 and October 31, 2019, respectively	(1,022,406)	(425,183)
Accumulated other comprehensive income	(4,996)	(5,831)
Total stockholders' equity	4,675,074	5,071,816
Noncontrolling interest	51,054	46,877
Total equity	4,726,128	5,118,693
Total liabilities and stockholders' equity	10,537,431	10,828,138
Rental Joint Ventures, including the Trust [Member] | Variable Interest Entity, Primary Beneficiary [Member]
ASSETS
Total assets	155,000	145,800
Assets	$ 155,000	$ 145,800

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Jul. 31, 2020	Oct. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, shares issued	0	0
Common stock, shares issued	152,937	152,937
Treasury stock, at cost	26,997	11,999

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Revenues	$ 1,651,489	$ 1,765,691	$ 4,531,992	$ 4,844,966
Cost of revenues	1,341,195	1,407,987	3,710,484	3,861,753
Selling, general and administrative	160,649	186,709	531,819	527,318
Income from operations	149,645	170,995	289,689	455,895
Other:
Income from unconsolidated entities	(2,566)	7,200	5,304	17,759
Other income - net	4,786	8,721	24,917	40,867
Income before income taxes	151,865	186,916	319,910	514,521
Income tax provision	37,104	40,598	72,603	126,829
Net income	114,761	146,318	247,307	387,692
Other comprehensive income, net of tax:
Other comprehensive income, net	279	56	835	168
Total comprehensive income	$ 115,040	$ 146,374	$ 248,142	$ 387,860
Per share:
Basic earnings	$ 0.91	$ 1.01	$ 1.89	$ 2.65
Diluted earnings	$ 0.90	$ 1	$ 1.87	$ 2.63
Weighted average number of shares:
Basic	126,722	144,750	131,024	146,041
Diluted	127,399	146,275	132,032	147,479
Home Building [Member]
Revenues	$ 1,627,812	$ 1,756,970	$ 4,441,383	$ 4,788,335
Cost of revenues	1,318,936	1,401,755	3,629,525	3,818,347
Land [Member]
Revenues	23,677	8,721	90,609	56,631
Cost of revenues	$ 22,259	$ 6,232	$ 80,959	$ 43,406

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock [Member]	Common Stock [Member]Cumulative Effect, Period of Adoption, Adjustment	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member]Cumulative Effect, Period of Adoption, Adjustment	Retained Earnings [Member]	Retained Earnings [Member]Cumulative Effect, Period of Adoption, Adjustment	Treasury Stock [Member]	Treasury Stock [Member]Cumulative Effect, Period of Adoption, Adjustment	AOCI Attributable to Parent [Member]	AOCI Attributable to Parent [Member]Cumulative Effect, Period of Adoption, Adjustment	Noncontrolling Interest [Member]	Noncontrolling Interest [Member]Cumulative Effect, Period of Adoption, Adjustment
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2018	$ 4,768,912		$ 1,779		$ 727,053		$ 5,161,551		$ (1,130,878)		$ 694		$ 8,713
Stockholders' Equity, Period Increase (Decrease)		$ (17,987)						$ (17,987)
Net income	387,692						387,692
Purchase of treasury stock	(167,474)								(167,474)
Exercise of stock options and stock based compensation issuances	4,461				(21,951)				26,412
Employee stock purchase plan issuances	976				(42)				1,018
Stock-based compensation	19,351				19,351
Dividends declared	(48,301)						(48,301)
Other comprehensive income	168										168
Net Income (Loss) Attributable to Noncontrolling Interest	(5)												(5)
Capital contributions	36,664												36,664
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jul. 31, 2019	4,984,457		1,779		724,411		5,482,955		(1,270,922)		862		45,372
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Apr. 30, 2019	4,986,240		1,779		721,311		5,352,424		(1,135,166)		806		45,086
Net income	146,318						146,318
Purchase of treasury stock	(142,230)								(142,230)
Exercise of stock options and stock based compensation issuances	3,883				(2,284)				6,167
Employee stock purchase plan issuances	256				(51)				307
Stock-based compensation	5,435				5,435
Dividends declared	(15,787)						(15,787)
Other comprehensive income	56										56
Net Income (Loss) Attributable to Noncontrolling Interest	(1)												(1)
Capital contributions	287												287
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jul. 31, 2019	4,984,457		1,779		724,411		5,482,955		(1,270,922)		862		45,372
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Oct. 31, 2019	5,118,693		1,529		726,879		4,774,422		(425,183)		(5,831)		46,877
Net income	247,307						247,307
Purchase of treasury stock	(633,873)								(633,873)
Exercise of stock options and stock based compensation issuances	10,188				(24,687)				34,875
Employee stock purchase plan issuances	1,062				(713)				1,775
Stock-based compensation	20,636				20,636
Dividends declared	(42,897)						(42,897)
Other comprehensive income	835										835
Net Income (Loss) Attributable to Noncontrolling Interest	(6)												(6)
Capital contributions	4,183												4,183
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jul. 31, 2020	4,726,128		1,529		722,115		4,978,832		(1,022,406)		(4,996)		51,054
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Apr. 30, 2020	4,613,722		1,529		725,246		4,878,017		(1,034,999)		(5,275)		49,204
Net income	114,761						114,761
Purchase of treasury stock	(320)								(320)
Exercise of stock options and stock based compensation issuances	5,615				(6,858)				12,473
Employee stock purchase plan issuances	333				(107)				440
Stock-based compensation	3,834				3,834
Dividends declared	(13,946)						(13,946)
Other comprehensive income	279										279
Net Income (Loss) Attributable to Noncontrolling Interest	2												2
Capital contributions	1,848												1,848
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jul. 31, 2020	$ 4,726,128		$ 1,529		$ 722,115		$ 4,978,832		$ (1,022,406)		$ (4,996)		$ 51,054

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Cash flow provided by (used in) operating activities:
Net income	$ 247,307	$ 387,692
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	46,700	51,423
Stock-based compensation	20,636	19,351
Income (Loss) from unconsolidated entities	(5,304)	(17,759)
Distributions of earnings from unconsolidated entities	17,996	25,919
Income from foreclosed real estate and distressed loans	(602)	(487)
Deferred tax (benefit) provision	14,804	7,045
Inventory impairments and write-offs	21,934	31,636
Gain on sales of golf club property and an office building	(12,970)	(13,331)
Other	44	(536)
Changes in operating assets and liabilities
Increase in inventory	(124,235)	(264,965)
Origination of mortgage loans	(1,191,066)	(1,074,392)
Sale of mortgage loans	1,250,109	1,078,105
(Increase) decrease in receivables, prepaid expenses and other assets	(172,790)	(155,843)
Decrease in Income Taxes Receivable	11,552
Increase in customer deposits, net	47,222	44,726
Decrease in accounts payable and accrued expenses	(29,742)	(109,775)
Increase in income taxes payable		13,652
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	141,595	22,461
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net	(75,001)	(61,278)
Investments in and advances to unconsolidated entities	(47,310)	(43,260)
Return of investments in unconsolidated entities	42,639	112,373
Investment in distressed loans and foreclosed real estate	(866)	(602)
Return of investments in distressed loans and foreclosed real estate	1,751	1,649
Proceeds from sales of golf club property and an office building	15,617	33,539
Acquisition of a business	(60,349)	(92,840)
Net Cash (Used in) Provided By Investing Activities, Continuing Operations	(123,519)	(50,419)
Cash flow used in financing activities:
Proceeds from loans payable	3,250,010	1,940,998
Debt issuance costs for loans payable		(1,948)
Repayments of loans payable	(3,334,431)	(1,696,827)
Redemption of senior notes		(350,000)
(Payments) proceeds from stock-based benefit plans	11,252	5,441
Purchase of treasury stock	(633,873)	(167,474)
Dividends paid	(42,650)	(48,140)
Proceeds from (Payments to) Noncontrolling Interests	(1,935)	49
Net Cash Used in Financing Activities, Continuing Operations	(751,627)	(317,901)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect	(733,551)	(345,859)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period	1,319,643	1,182,939
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period	$ 586,092	$ 837,080

Supplemental Disclosure to Cond

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows	9 Months Ended
	Jul. 31, 2020
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): Nine months ended July 31, 2020 2019 Cash flow information: Interest paid, net of amount capitalized $ 2,672 $ 13,327 Income tax payments $ 47,736 $ 107,059 Income tax refunds $ 1,488 $ 927 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses, net $ 34,215 $ 175,266 Increase in inventory for capitalized interest, our share of earnings, and allocation of basis difference in land purchased from unconsolidated entities, net $ (208) $ (4,774) Increase in receivables, prepaid expenses, and other assets and accrued expenses related to the adoption of ASU 2016-02 and other lease activity $ 122,269 Reclassification from inventory to property, construction, and office equipment, net due to the adoption of ASC 606 $ 104,807 Net decrease in inventory and retained earnings due to the adoption of ASC 606 $ 8,989 Net increase in accrued expenses and decrease in retained earnings due to the adoption of ASC 606 $ 6,541 Net decrease in investment in unconsolidated entities and retained earnings due to the adoption of ASC 606 $ 2,457 Reclassification of inventory to property, construction, and office equipment $ 26,656 Noncontrolling interest $ 6,118 $ 36,615 Transfer of other assets to inventory $ 7,100 Transfer of inventory to investment in unconsolidated entities $ 13,690 Transfer of other assets to investment in unconsolidated entities, net $ 41,269 $ 11,656 Acquisition of a Business: Fair value of assets purchased $ 63,854 $ 97,061 Liabilities assumed $ 3,505 $ 4,221 Cash paid $ 60,349 $ 92,840 At July 31, 2020 2019 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 559,348 $ 836,258 Restricted cash included in receivables, prepaid expenses, and other assets 26,744 822 Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated $ 586,092 $ 837,080

Supplemental Disclosure to Co_2

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows	9 Months Ended
	Jul. 31, 2020
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): Nine months ended July 31, 2020 2019 Cash flow information: Interest paid, net of amount capitalized $ 2,672 $ 13,327 Income tax payments $ 47,736 $ 107,059 Income tax refunds $ 1,488 $ 927 Noncash activity: Cost of inventory acquired through seller financing, municipal bonds, or included in accrued expenses, net $ 34,215 $ 175,266 Increase in inventory for capitalized interest, our share of earnings, and allocation of basis difference in land purchased from unconsolidated entities, net $ (208) $ (4,774) Increase in receivables, prepaid expenses, and other assets and accrued expenses related to the adoption of ASU 2016-02 and other lease activity $ 122,269 Reclassification from inventory to property, construction, and office equipment, net due to the adoption of ASC 606 $ 104,807 Net decrease in inventory and retained earnings due to the adoption of ASC 606 $ 8,989 Net increase in accrued expenses and decrease in retained earnings due to the adoption of ASC 606 $ 6,541 Net decrease in investment in unconsolidated entities and retained earnings due to the adoption of ASC 606 $ 2,457 Reclassification of inventory to property, construction, and office equipment $ 26,656 Noncontrolling interest $ 6,118 $ 36,615 Transfer of other assets to inventory $ 7,100 Transfer of inventory to investment in unconsolidated entities $ 13,690 Transfer of other assets to investment in unconsolidated entities, net $ 41,269 $ 11,656 Acquisition of a Business: Fair value of assets purchased $ 63,854 $ 97,061 Liabilities assumed $ 3,505 $ 4,221 Cash paid $ 60,349 $ 92,840 At July 31, 2020 2019 Cash, cash equivalents, and restricted cash Cash and cash equivalents $ 559,348 $ 836,258 Restricted cash included in receivables, prepaid expenses, and other assets 26,744 822 Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated $ 586,092 $ 837,080

Supplemental Disclosure to Co_3

Supplemental Disclosure to Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Nov. 01, 2018
Cash flow information:
Interest paid, net of amount capitalized	$ 2,672	$ 13,327
Income tax payment	47,736	107,059
Income tax refunds	1,488	927
Noncash activity:
Cost of inventory acquired through seller financing, municpal bonds, or included in accrued expenses, net	34,215	175,266
(Increase) decrease in inventory for capitalized interest, our share of earnings, and allocation of basis difference in land purchased from unconsolidated entities	(208)	(4,774)
Increase in receivables, prepaid expenses, and other assets and accrued expenses related to the adoption of ASU-2016-02 and other lease activity	122,269
Reclassification from inventory to property, construction, and office equipment, net due to the adoption of ASC 606	26,656
Noncontrolling interest	6,118	36,615
Noncash transfer of other assets to inventory		7,100
Transfer of inventory to investment in unconsolidated entities	13,690
Noncash transfer of other assets to investment in unconsolidated entities	41,269	11,656
Cash and Cash Equivalents, at Carrying Value	559,348	836,258
Restricted Cash and Cash Equivalents	26,744	822
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	586,092	837,080
Business Combinations [Abstract]
Fair Value of Assets Acquired	63,854	97,061
Liabilities Assumed	3,505	4,221
Payments to Acquire Businesses, Net of Cash Acquired	$ 60,349	92,840
Accounting Standards Update 2014-09 [Member]
Noncash activity:
Reclassification from inventory to property, construction, and office equipment, net due to the adoption of ASC 606			$ 104,807
Net decrease in inventory and retained earnings for adoption of ASC 606			8,989
Net increase in accrued expenses and decrease in retained earnings due to adoption of ASC 606			6,541
Net decrease in investment in unconsolidated entities and retained earnings due to adoption of ASC 606			$ 2,457

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Jul. 31, 2020
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	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, 2019 balance sheet amounts and disclosures included herein have been derived from our October 31, 2019 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, they should 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, 2019 (“2019 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 July 31, 2020; the results of our operations and changes in equity for the nine-month and three-month periods ended July 31, 2020 and 2019; and our cash flows for the nine-month periods ended July 31, 2020 and 2019. The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year. Use of Estimates - The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. In times of economic disruption when uncertainty regarding future economic conditions is heightened, these estimates and assumptions are subject to greater variability. The Company is currently subject to risks and uncertainties resulting from the novel coronavirus (COVID-19) pandemic, which significantly and adversely impacted our results of operations in the second quarter of fiscal 2020 and, to a lesser extent, in the third quarter of fiscal 2020. The impacts of COVID-19 are likely to continue to impact our results of operations as well as our business operations. As a result, actual results could differ from the estimates and assumptions we make that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes, and such differences may be material. Revenue Recognition Home sales revenues: Revenues and cost of revenues from home sales are recognized at the time each home is delivered and title and possession are transferred to the buyer. For the majority of our home closings, our performance obligation to deliver a home is satisfied in less than one year from the date a binding sale agreement is signed. In certain states where we build, we are not able to complete certain outdoor features prior to the closing of the home. To the extent these separate performance obligations are not complete upon the home closing, we defer a portion of the home sales revenues related to these obligations and subsequently recognize the revenue upon completion of such obligations. As of July 31, 2020, the home sales revenues and related costs we deferred related to these obligations were immaterial. Our contract liabilities, consisting of deposits received from customers for sold but undelivered homes, totaled $437.0 million and $385.6 million at July 31, 2020 and October 31, 2019, respectively. Of the outstanding customer deposits held as of October 31, 2019, we recognized $260.6 million and $83.8 million in home sales revenues during the nine months and three months ended July 31, 2020, respectively. Land sales revenues: Our revenues from land sales generally consist of: (1) lot sales to third-party builders within our master planned communities; (2) land sales to joint ventures in which we retain an interest; and (3) bulk sales to third parties of land we have decided no longer meets our development criteria. In general, our performance obligation for each of these land sales is fulfilled upon the delivery of the land, which generally coincides with the receipt of cash consideration from the counterparty. For land sale transactions that contain repurchase options, revenues and related costs are not recognized until the repurchase option expires. In addition, when we sell land to a joint venture in which we retain an interest, we do not recognize revenue or gains on the sale to the extent of our retained interest in such joint venture. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Home sales revenues” in our Condensed Consolidated Statements of Operations and Comprehensive Income in the period in which we determine that the customer will not complete the purchase of the home and we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we may offer our home buyers sales incentives. These incentives vary by type and amount on a community-by-community and home-by-home basis. Incentives are reflected as a reduction in home sales revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds. Recent Accounting Pronouncements 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. In July 2018, the FASB issued ASU No. 2018-11, “Leases: Targeted Improvements” (“ASU 2018-11”), which provides an entity with the option to apply the transition provisions of the new standard at its adoption date instead of at its earliest comparative period presented. ASU 2018-11 also provides an entity with a practical expedient that permits lessors to not separate non-lease components from the associated lease component if certain conditions are met. ASU 2016-02, as amended by ASU 2018-11, became effective for our fiscal year beginning November 1, 2019, and we adopted the new standard using a modified retrospective approach. The prior year period was not recast and our Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. We elected to apply the transition provisions that allow us to carry forward our historical assessment of (1) whether contracts are or contain leases, (2) lease classification, and (3) initial direct costs. In addition, we elected the practical expedient that allows lessees the option to account for lease and non-lease components together as a single component for all classes of underlying assets. As a result of the adoption, we recorded a right-of-use (“ROU”) asset and lease liability of $114.5 million and $118.5 million, respectively, as of November 1, 2019. The ROU asset is included in “Receivables, prepaid expenses, and other assets” and the corresponding lease liability is included in “Accrued expenses” in our Condensed Consolidated Balance Sheet. The adoption of ASU 2016-02 had no impact on retained earnings and did not materially impact our Condensed Consolidated Statements of Operations and Comprehensive Income or Condensed Consolidated Statements of Cash Flows. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to estimate credit losses. ASU 2016-13 will be effective for our fiscal year beginning November 1, 2020, with early adoption permitted as of November 1, 2019. We continue to evaluate the impact of this standard, however we believe that the adoption of ASU 2016-13 will not have a material impact on our consolidated financial statements or disclosures.

Acquisition

Acquisition	9 Months Ended
	Jul. 31, 2020
Business Combinations [Abstract]
Acquisition	Acquisitions In our second quarter of fiscal 2020, we acquired substantially all of the assets and operations of Thrive Residential (“Thrive”), an urban infill builder with operations in Atlanta, Georgia and Nashville, Tennessee, for approximately $60.3 million in cash. The assets acquired, based on our preliminary purchase price allocation, were primarily inventory for future communities, including approximately 680 home sites owned or controlled through land purchase agreements. During fiscal 2019, we acquired substantially all of the assets and operations of Sharp Residential, LLC (“Sharp”) and Sabal Homes LLC (“Sabal”), respectively, for an aggregate of approximately $162.4 million in cash. Sharp operates in metropolitan Atlanta, Georgia; Sabal operates in the Charleston, Greenville, and Myrtle Beach, South Carolina markets. The assets acquired for both acquisitions, based on our purchase price allocations, which we finalized in the second quarter of fiscal 2020, were primarily inventory, including approximately 2,550 home sites owned or controlled through land purchase agreements. There were no significant adjustments between the preliminary and final purchase price allocations. In connection with these acquisitions, we assumed contracts to deliver 204 homes with an aggregate value of $96.1 million. The average price of undelivered homes at the dates of acquisitions was approximately $471,100. As a result of these acquisitions, our selling community count increased by 22 communities. The acquisitions discussed above were accounted for as business combinations and were not material to our results of operations or financial condition.

Inventory

Inventory	9 Months Ended
	Jul. 31, 2020
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory at July 31, 2020 and October 31, 2019 consisted of the following (amounts in thousands): July 31, October 31, Land controlled for future communities $ 167,694 $ 182,929 Land owned for future communities 963,399 868,202 Operating communities 6,903,422 6,821,917 $ 8,034,515 $ 7,873,048 Operating communities include communities offering homes for sale; communities that have sold all available home sites but have not completed delivery of the homes; communities that were previously offering homes for sale but are temporarily closed due to business conditions or non-availability of improved home sites and that are expected to reopen within 12 months of the end of the fiscal 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, 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. Information regarding the classification, number, and carrying value of these temporarily closed communities, as of the dates indicated, is provided in the table below: July 31, October 31, Land owned for future communities: Number of communities 15 16 Carrying value (in thousands) $ 112,133 $ 120,857 Operating communities: Number of communities 1 1 Carrying value (in thousands) $ 5,840 $ 2,871 The amounts we have provided for inventory impairment charges and the expensing of costs that we believe not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Land controlled for future communities $ 16,765 $ 7,256 $ 3,926 $ 3,579 Land owned for future communities 4,869 2,764 Operating communities 300 24,380 1,100 $ 21,934 $ 31,636 $ 6,690 $ 4,679 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 July 31, 2020, we evaluated our land purchase contracts, including those to acquire land for apartment developments, 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 July 31, 2020, we determined that 191 land purchase contracts, with an aggregate purchase price of $2.17 billion, on which we had made aggregate deposits totaling $164.2 million, were VIEs, and that we were not the primary beneficiary of any VIE related to our land purchase contracts. At October 31, 2019, we determined that 127 land purchase contracts, with an aggregate purchase price of $2.00 billion, on which we had made aggregate deposits totaling $149.2 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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Interest capitalized, beginning of period $ 311,323 $ 319,364 $ 324,864 $ 328,583 Interest incurred 131,547 131,830 41,794 43,968 Interest expensed to home sales cost of revenues (111,278) (125,862) (40,467) (46,635) Interest expensed to land sales cost of revenues (4,124) (945) (2,820) (310) Interest expensed in other income (2,440) Interest capitalized on investments in unconsolidated entities (2,790) (3,936) (1,013) (852) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 208 4,802 88 499 Interest capitalized, end of period $ 322,446 $ 325,253 $ 322,446 $ 325,253

Investments in Unconsolidated E

Investments in Unconsolidated Entities	9 Months Ended
	Jul. 31, 2020
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities We have investments in various unconsolidated entities. These entities, which are structured as joint ventures, (i) develop land for the joint venture participants and for sale to outside builders (“Land Development Joint Ventures”); (ii) develop for-sale homes (“Home Building Joint Ventures”); (iii) develop luxury for-rent residential apartments, commercial space, and a hotel (“Rental Property Joint Ventures”), which includes our investment in Toll Brothers Realty Trust (the “Trust”); and (iv) invest in distressed loans and real estate and provide financing and land banking to residential builders and developers for the acquisition and development of land and home sites (“Gibraltar Joint Ventures”). The table below provides information as of July 31, 2020, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar Total Number of unconsolidated entities 9 4 25 7 45 Investment in unconsolidated entities $ 129,019 $ 37,608 $ 225,294 $ 20,845 $ 412,766 Number of unconsolidated entities with funding commitments by the Company 3 — 9 1 13 Company’s remaining funding commitment to unconsolidated entities $ 30,300 $ — $ 24,251 $ 3,675 $ 58,226 Certain joint ventures in which we have investments obtained debt financing to finance a portion of their activities. The table below provides information at July 31, 2020, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 1 22 27 Aggregate loan commitments $ 158,823 $ 43,054 $ 1,607,742 $ 1,809,619 Amounts borrowed under loan commitments $ 133,654 $ 43,054 $ 1,150,967 $ 1,327,675 More specific and/or recent information regarding our investments in, advances to, and future commitments to these entities is provided below. Land Development Joint Ventures During the nine months ended July 31, 2020, our Land Development Joint Ventures sold approximately 568 lots and recognized revenues of $59.4 million. We acquired 118 of these lots for $10.5 million. During the nine months ended July 31, 2019, our Land Development Joint Ventures sold approximately 680 lots and recognized revenues of $182.4 million. We acquired 248 of these lots for $116.9 million. Our share of the joint venture income from the lots we acquired was insignificant. During the three months ended July 31, 2020, our Land Development Joint Ventures sold approximately 235 lots and recognized revenues of $15.5 million. We acquired 32 of these lots for $2.7 million. During the three months ended July 31, 2019, our Land Development Joint Ventures sold approximately 182 lots and recognized revenues of $43.5 million. We acquired 53 of these lots for $20.4 million. Our share of the joint venture income from the lots we acquired was insignificant. In the third quarter of fiscal 2020, we entered into a joint venture with an unrelated party to purchase and develop a parcel of land located in Bethesda, Maryland. The joint venture expects to develop approximately 309 home sites on this land and intends to sell approximately 50% of the value of the home sites to each of the members of the joint venture. We have a 50% interest in this joint venture. At July 31, 2020, we had an investment of $24.6 million in this joint venture and were committed to make additional contributions to this joint venture of up to $2.0 million. Concurrent with its formation, the joint venture entered into a revolving loan agreement with an unrelated party in an aggregate amount of $48.0 million. At July 31, 2020, the joint venture had $32.7 million of outstanding borrowings under the loan. Home Building Joint Ventures During the nine months ended July 31, 2020 and 2019, our Home Building Joint Ventures delivered 41 homes with a sales value of $127.0 million and 105 homes with a sales value of $217.6 million, respectively. During the three months ended July 31, 2020 and 2019, our Home Building Joint Ventures delivered 9 homes with a sales value of $35.6 million and 33 homes with a sales value of $95.8 million, respectively. We recognized an other than temporary impairment charge in connection with one Home Building Joint Venture of $3.0 million during the nine months ending July 31, 2020, which is included in “Income (loss) from unconsolidated entities” in our Condensed Consolidated Statements of Operations and Comprehensive Income. No charges were recognized in the three-month period ended July 31, 2020 or in the nine-month and three-month periods ending July 31, 2019. In our first quarter of fiscal 2020, one of our Home Building Joint Ventures refinanced its existing $236.5 million construction loan with a $76.6 million post-construction loan that extended the maturity date of the loan to November 2021 and revised certain guarantees provided for under the original construction loan. At July 31, 2020, this joint venture had $43.1 million of borrowings outstanding under the post-construction loan. Rental Property Joint Ventures As of July 31, 2020, our Rental Property Joint Ventures, including those that we consolidate, owned 28 for-rent apartment projects and a hotel, which are located in multiple metropolitan areas throughout the country. At July 31, 2020, these joint ventures had approximately 2,000 units that were occupied or ready for occupancy, 2,050 units in the lease-up stage, and 5,000 units in the design phase or under development. In addition, we either own, have under contract, or under a letter of intent approximately 10,650 units, including 200 units under active development, that we generally intend to develop in joint ventures with unrelated parties in the future. In the first quarter of fiscal 2020, we sold all of our ownership interest in one of our Rental Property Joint Ventures to our partner for cash of $16.8 million, net of closing costs. The joint venture had owned, developed, and operated multifamily residential apartments in northern New Jersey. In connection with the sale, our guarantee of the joint venture’s existing $76.0 million loan was assumed by our partner. We recognized a gain of $10.7 million in the nine months ended July 31, 2020, which is included in “Income (loss) from unconsolidated entities” in our Condensed Consolidated Statements of Operations and Comprehensive Income. In the second quarter of fiscal 2020, a joint venture that we had previously consolidated due to our controlling financial interest entered into a separate unconsolidated joint venture to admit an unrelated capital member that acquired a 75% interest for an aggregate amount of $19.1 million. This unconsolidated joint venture purchased the assets of the consolidated joint venture and we recognized a gain on land sale of $0.9 million in the nine months ended July 31, 2020. This unconsolidated joint venture is developing a luxury for-rent residential apartment project located in suburban Boston, Massachusetts. At July 31, 2020, we had an aggregate investment of $9.1 million in the unconsolidated joint venture. Concurrent with its formation, the unconsolidated joint venture entered into a construction loan agreement with an unrelated party for an aggregate amount of $75.4 million to finance the development of this project. At July 31, 2020, the unconsolidated joint venture had no outstanding borrowings under this construction loan facility. In the first and third quarters of fiscal 2020, we entered into five separate joint ventures with unrelated parties to develop (i) luxury for-rent residential apartment projects located in Dallas, Texas, Plano, Texas, Decatur, Georgia, and Philadelphia, Pennsylvania; and (ii) a student housing community in State College, Pennsylvania. Prior to the formation of these joint ventures, we acquired the properties and incurred an aggregate of approximately $73.7 million of land and land development costs. Our partners acquired interests in these entities ranging from 50% to 70% for an aggregate amount of $39.1 million. At July 31, 2020, we had an aggregate investment of $53.5 million in these joint ventures. Concurrent with their formation, these joint ventures entered into construction loan agreements with unrelated parties for an aggregate amount of $213.2 million to finance the development of these projects. At July 31, 2020, the joint ventures had $29.0 million outstanding borrowings under these construction loan facilities. In the first quarter of fiscal 2019, we entered into two separate joint ventures with unrelated parties to develop luxury for-rent residential apartment projects located in Harrison, New York and Frisco, Texas. Prior to the formation of these joint ventures, we acquired the properties and incurred approximately $41.9 million of land and land development costs. Our partners each acquired a 75% interest in these entities for an aggregate amount of $39.8 million and we recognized a gain on land sale of $8.4 million in the nine months ended July 31, 2019. At July 31, 2020, we had an aggregate investment of $15.8 million in these joint ventures. Concurrent with their formation, these joint ventures entered into construction loan agreements with unrelated parties for an aggregate amount of $134.4 million. At July 31, 2020, the joint ventures had $82.1 million outstanding borrowings under these construction loan facilities. In fiscal 2019 and 2018, we entered into five separate joint ventures with unrelated parties to develop luxury for-rent residential apartment projects and student housing communities located in Boston, Massachusetts, San Diego, California, Tempe, Arizona and Miami, Florida. We contributed an aggregate of $95.5 million for our initial ownership interests in these joint ventures, which ranged from 50% to 98%. Due to our controlling financial interest, our power to direct the activities that most significantly impact each joint venture’s performance, and/or our obligation to absorb expected losses or receive benefits from these joint ventures, we consolidated these joint ventures at July 31, 2020 and October 31, 2019. The carrying value of these joint ventures’ assets totaling $155.0 million and $145.8 million are reflected in “Receivables, prepaid expenses, and other assets” in our Condensed Consolidated Balance Sheet as of July 31, 2020 and October 31, 2019, respectively. Our partners’ interests aggregating $45.1 million and $41.0 million in the joint ventures are reflected as a component of “Noncontrolling interest” in our Condensed Consolidated Balance Sheet as of July 31, 2020 and October 31, 2019, respectively. These joint ventures intend to admit additional equity investors and secure third-party financing at a later date. At such time, it is expected that these entities would no longer be consolidated. In fiscal 2019, we entered into a joint venture with unrelated parties to develop, build, and operate single-family rental communities. As of July 31, 2020, we have invested $2.9 million in this joint venture and have committed to invest up to $60.0 million. 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 current and former members of our senior management; and one-third by an unrelated party. As of July 31, 2020, 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 amount of $0.8 million in each of the nine-month periods ended July 31, 2020 and 2019. Gibraltar Joint Ventures We, through our wholly owned subsidiary, Gibraltar Capital and Asset Management, LLC (“Gibraltar”), have entered into six ventures with an institutional investor to provide builders and developers with land banking and venture capital. These ventures will finance builders’ and developers’ acquisition and development of land and home sites and pursue other complementary investment strategies. We also are a member in a separate venture with the same institutional investor, which purchased, from Gibraltar, certain foreclosed real estate owned and distressed loans in fiscal 2016. Our ownership interest in these ventures is approximately 25%. We may invest up to $100.0 million in these ventures. As of July 31, 2020, we had an aggregate investment of $20.8 million in these ventures. 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 July 31, 2020, in the event we become legally obligated to perform under a guarantee of an obligation of an unconsolidated entity due to a triggering event, the collateral in such entity should be sufficient to repay a significant portion of the obligation. If it is not, we and our partners would need to contribute additional capital to the venture. At July 31, 2020, certain unconsolidated entities have loan commitments aggregating $1.47 billion, of which, if the full amount of the debt obligations were borrowed, we estimate $216.0 million to be our maximum exposure related to repayment and carry cost guarantees. At July 31, 2020, the unconsolidated entities had borrowed an aggregate of $985.4 million, of which we estimate $161.4 million to be our maximum exposure related to repayment and carry cost guarantees. The terms of these guarantees generally range from 3 months to 3.8 years. These maximum exposure estimates do not take into account any recoveries from the underlying collateral or any reimbursement from our partners. As of July 31, 2020, the estimated aggregate fair value of the guarantees provided by us related to debt and other obligations of certain unconsolidated entities was approximately $5.7 million. We have not made payments under any of the guarantees, nor have we been called upon to do so. Variable Interest Entities At July 31, 2020 and October 31, 2019, we determined that 16 and 18 of our joint ventures, respectively, were VIEs under the guidance of ASC 810, “Consolidation.” For 11 and 13 of these VIEs as of July 31, 2020 and October 31, 2019, respectively, we concluded that we were not the primary beneficiary of these VIEs because the power to direct the activities of such VIEs that most significantly impact their performance was either shared by us and such VIEs’ other partners or such activities were controlled by our partner. For VIEs where the power to direct significant activities is shared, 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. As of July 31, 2020, we have consolidated five Rental Property Joint Ventures. The carrying value of these joint ventures’ assets totaling $155.0 million is reflected in “Receivables, prepaid expenses, and other assets” in our Condensed Consolidated Balance Sheet as of July 31, 2020. Our partners’ interests aggregating $45.1 million in the joint ventures are reflected as a component of “Noncontrolling interest” in our Condensed Consolidated Balance Sheet as of July 31, 2020. These joint ventures were determined to be VIEs due to their current inability to finance their activities without additional subordinated financial support as well as our partners’ inability to participate in the significant decisions of the joint venture and their lack of substantive kick-out rights. We further concluded that we are the primary beneficiary of these VIEs due to our controlling financial interest in such ventures as we have the power to direct the activities that most significantly impact the joint ventures’ performance and the obligation to absorb expected losses or receive benefits from the joint ventures. The assets of these VIEs can only be used to settle the obligations of the VIEs. In addition, in certain of the joint ventures, in the event additional contributions are required to be funded to the joint ventures prior to the admission of any additional investor at a future date, we will fund 100% of such contributions, including our partner’s pro rata share, which we expect would be funded through an interest-bearing loan. At July 31, 2020 and October 31, 2019, our investments in the unconsolidated entities deemed to be VIEs totaled $44.5 million and $37.0 million, respectively. At July 31, 2020 and October 31, 2019, the maximum exposure of loss to our investments in these entities was limited to our investments in the unconsolidated VIEs, except with regard to $42.0 million and $76.0 million, respectively, of loan guarantees and $11.1 million and $8.3 million, respectively, of additional commitments to the VIEs. Of our potential exposure for these loan guarantees at July 31, 2020 and October 31, 2019, $11.1 million and $76.0 million, respectively, is related to loan repayment and carry cost guarantees, of which $8.6 million and $76.0 million was borrowed at July 31, 2020 and October 31, 2019, respectively. Joint Venture Condensed Financial Information The Condensed Balance Sheets, as of the dates indicated, and the Condensed Statements of Operations, for the periods indicated, for the unconsolidated entities in which we have an investment are included below (in thousands): Condensed Balance Sheets: July 31, October 31, Cash and cash equivalents $ 98,313 $ 85,819 Inventory 542,824 579,226 Loans receivable, net 66,779 56,545 Rental properties 1,049,035 1,021,848 Rental properties under development 768,686 535,197 Real estate owned 6,752 12,267 Other assets 167,279 212,761 Total assets $ 2,699,668 $ 2,503,663 Debt, net of deferred financing costs $ 1,328,035 $ 1,226,857 Other liabilities 169,440 175,827 Members’ equity 1,201,846 1,100,563 Noncontrolling interest 347 416 Total liabilities and equity $ 2,699,668 $ 2,503,663 Company’s net investment in unconsolidated entities (1) $ 412,766 $ 366,252 (1) Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of other than temporary impairments related to our investments in unconsolidated entities; interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; unrealized gains on our retained joint venture interests; gains recognized from the sale of our ownership interests; and distributions from entities in excess of the carrying amount of our net investment. Condensed Statements of Operations: Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Revenues $ 291,179 $ 511,226 $ 78,897 $ 179,608 Cost of revenues 203,127 443,740 57,778 154,787 Other expenses 100,419 64,027 27,237 22,674 Total expenses 303,546 507,767 85,015 177,461 Gain on disposition of loans and real estate owned 1,053 4,383 1,053 689 (Loss) income from operations (11,314) 7,842 (5,065) 2,836 Other income 977 31,584 448 29,846 (Loss) income before income taxes (10,337) 39,426 (4,617) 32,682 Income tax (benefit) provision (111) 596 37 201 Net (loss) income including earnings from noncontrolling interests (10,226) 38,830 (4,654) 32,481 Less: income (loss) attributable to noncontrolling interest 34 (9,600) 34 (7,521) Net (loss) income attributable to controlling interest $ (10,192) $ 29,230 $ (4,620) $ 24,960 Company’s equity (deficit) in earnings of unconsolidated entities (1) $ 5,304 $ 17,759 $ (2,566) $ 7,200 (1) Differences between our equity in earnings of unconsolidated entities and the underlying net income of the entities are primarily a result of distributions from entities in excess of the carrying amount of our net investment; other than temporary impairments related to our investments in unconsolidated entities; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; gains recognized from the sale of our investment to our joint venture partner; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.

Receivables, Prepaid Expenses,

Receivables, Prepaid Expenses, and Other Assets	9 Months Ended
	Jul. 31, 2020
Receivables, prepaid expenses and other assets [Abstract]
Receivables, Prepaid Expenses, and Other Assets [Text Block]	Receivables, Prepaid Expenses, and Other Assets Receivables, prepaid expenses, and other assets at July 31, 2020 and October 31, 2019, consisted of the following (amounts in thousands): July 31, 2020 October 31, 2019 Expected recoveries from insurance carriers and others $ 79,818 $ 114,162 Improvement cost receivable 108,006 100,864 Escrow cash held by our captive title company 25,590 32,863 Properties held for rental apartment and commercial development 534,843 367,072 Prepaid expenses 25,475 26,041 Right-of-use asset (1) 106,049 — Other 88,635 74,439 $ 968,416 $ 715,441 (1) On November 1, 2019, we adopted ASU 2016-02 which resulted in the establishment of an ROU asset on our Condensed Consolidated Balance Sheet as of January 31, 2020. The Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. See Note 1, “Significant Accounting Policies – Recent Accounting Pronouncements” for additional information regarding the adoption of ASU 2016-02. See Note 7, “Accrued Expenses,” for additional information regarding the expected recoveries from insurance carriers and others. As of July 31, 2020 and October 31, 2019, properties held for rental apartment and commercial development include $155.0 million and $145.8 million, respectively, of assets related to consolidated VIEs. See Note 4, “Investments in Unconsolidated Entities” for additional information regarding VIEs.

Loans Payable, Senior Notes and

Loans Payable, Senior Notes and Mortgage Company Loan Facility	9 Months Ended
	Jul. 31, 2020
Debt Disclosure [Abstract]
Loans Payable, Senior Notes, and Mortgage Company Loan Facility	Loans Payable, Senior Notes, and Mortgage Company Loan Facility Loans Payable At July 31, 2020 and October 31, 2019, loans payable consisted of the following (amounts in thousands): July 31, October 31, Senior unsecured term loan $ 800,000 $ 800,000 Loans payable – other 284,934 314,577 Deferred issuance costs (2,909) (3,128) $ 1,082,025 $ 1,111,449 Senior Unsecured Term Loan At July 31, 2020, we had an $800.0 million, five-year senior unsecured term loan facility (the “Term Loan Facility”) with a syndicate of banks that is scheduled to expire on November 1, 2024. At July 31, 2020, the interest rate on borrowings was 1.47% per annum. We and substantially all of our 100%-owned home building subsidiaries are guarantors under the Term Loan Facility. The Term Loan Facility contains substantially the same financial covenants as the Revolving Credit Facility described below. Revolving Credit Facility We have a $1.905 billion, five-year senior unsecured revolving credit facility (the “Revolving Credit Facility”) with a syndicate of banks. The Revolving Credit Facility is scheduled to mature on November 1, 2024. We and substantially all of our 100%-owned home building subsidiaries are guarantors under the Revolving Credit Facility. Under the terms of the Revolving Credit Facility, at July 31, 2020, our maximum leverage ratio, as defined, may not exceed 1.75 to 1.00, and we are required to maintain a minimum tangible net worth, as defined, of no less than approximately $2.15 billion. Under the terms of the Revolving Credit Facility, at July 31, 2020, our leverage ratio was approximately 0.68 to 1.00, and our tangible net worth was approximately $4.62 billion. Based upon the limitations related to our repurchase of common stock in the Revolving Credit Facility, our ability to repurchase our common stock was limited to approximately $3.09 billion as of July 31, 2020. In addition, under the provisions of the Revolving Credit Facility, our ability to pay cash dividends was limited to approximately $2.47 billion as of July 31, 2020. At July 31, 2020, we had no outstanding borrowings under the Revolving Credit Facility and had approximately $129.3 million of outstanding letters of credit that were issued under the Revolving Credit Facility. At July 31, 2020, the interest rate on borrowings under the Revolving Credit Facility would have been 1.50% per annum . Loans Payable – Other “Loans payable – other” primarily represents 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 July 31, 2020, the weighted-average interest rate on “Loans payable – other” was 4.48% per annum. Senior Notes At July 31, 2020, we had seven issues of senior notes outstanding with an aggregate principal amount of $2.67 billion. Mortgage Company Loan Facility In October 2017, TBI Mortgage ® Company (“TBI Mortgage”), our wholly owned mortgage subsidiary, entered into a mortgage warehousing agreement (the “Warehousing Agreement”) with a bank to finance the origination of mortgage loans by TBI Mortgage. The Warehousing Agreement is accounted for as a secured borrowing under ASC 860, “Transfers and Servicing.” In December 2018, the Warehousing Agreement was amended to provide for loan purchases up to $75.0 million, subject to certain sublimits. In addition, the Warehousing Agreement, as amended, provides for an accordion feature under which TBI Mortgage may request that the aggregate commitments under the Warehousing Agreement be increased to an amount up to $150.0 million for a short period of time. In December 2019, the Warehousing Agreement was amended to extend the expiration date on substantially the same terms as the existing agreement. The Warehousing Agreement, as amended, expires on December 4, 2020, and borrowings thereunder bear interest at LIBOR plus 1.90% per annum. At July 31, 2020, the interest rate on the Warehousing Agreement, as amended, was 2.06% per annum.

Accrued Expenses

Accrued Expenses	9 Months Ended
	Jul. 31, 2020
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses at July 31, 2020 and October 31, 2019 consisted of the following (amounts in thousands): July 31, October 31, Land, land development, and construction $ 184,805 $ 192,658 Compensation and employee benefits 184,024 183,592 Escrow liability 23,919 31,587 Self-insurance 198,638 193,405 Warranty 158,399 201,886 Lease liabilities (1) 125,231 — Deferred income 35,427 51,678 Interest 45,854 31,307 Commitments to unconsolidated entities 8,499 9,283 Other 50,026 55,536 $ 1,014,822 $ 950,932 (1) On November 1, 2019, we adopted ASU 2016-02, which resulted in the establishment of lease liabilities on our Condensed Consolidated Balance Sheet as of January 31, 2020. The Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. See Note 1, “Significant Accounting Policies – Recent Accounting Pronouncements” for additional information regarding the adoption of ASU 2016-02. The table below provides, for the periods indicated, a reconciliation of the changes in our warranty accrual (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Balance, beginning of period $ 201,886 $ 258,831 $ 157,154 $ 223,655 Additions – homes closed during the period 23,252 23,771 8,975 8,817 Addition – liabilities assumed in a business acquisition 60 425 425 Increase in accruals for homes closed in prior years 5,730 1,834 2,150 1,562 Decrease to water intrusion accrual (24,400) Charges incurred (48,129) (75,942) (9,880) (25,540) Balance, end of period $ 158,399 $ 208,919 $ 158,399 $ 208,919 Since fiscal 2014, we have received water intrusion claims from owners of homes built since 2002 in communities located in Pennsylvania and Delaware (which are in our North region). During fiscal 2020, we continued to receive water intrusion claims from homeowners in this region, mostly related to older homes, and we continue to perform review procedures to assess, among other things, the number of affected homes, whether repairs are likely to be required, and the extent of such repairs. Our review process, conducted quarterly, includes an analysis of many factors applicable to these communities to determine whether a claim is likely to be received and the estimated costs to resolve any such claim, including: the closing dates of the homes; the number of claims received; our inspection of homes; an estimate of the number of homes we expect to repair; the type and cost of repairs that have been performed in each community; the estimated costs to remediate pending and future claims; the expected recovery from our insurance carriers and suppliers; and the previously recorded amounts related to these claims. We also monitor legal developments relating to these types of claims and review the volume, relative merits and adjudication of claims in litigation or arbitration. From October 31, 2016 through the second quarter of fiscal 2020, our recorded aggregate estimated repair costs to be incurred for known and unknown water intrusion claims was $324.4 million and our recorded aggregate expected recoveries from insurance carriers and suppliers were approximately $152.6 million. Based on trends in claims experience over several years and lower than anticipated repair costs, in the second fiscal quarter of 2020, we reduced the estimate of the aggregate estimated repair costs to be incurred for known and unknown water intrusion claims by $24.4 million. Because this reduction was associated with periods in which we expect our insurance deductibles and self-insured retentions to be exhausted, we reduced our aggregate expected recoveries from insurance carriers and suppliers by a corresponding $24.4 million. Our recorded remaining estimated repair costs, which reflects a reduction for the aggregate amount expended to resolve claims, were approximately $81.4 million at July 31, 2020 and $124.6 million at October 31, 2019. Our recorded remaining expected recoveries from insurance carriers and suppliers were approximately $69.1 million at July 31, 2020 and $97.9 million at October 31, 2019. As noted above, our review process includes a number of estimates that are based on assumptions with uncertain outcomes, including, but not limited to, the number of homes to be repaired, the extent of repairs needed, the repair procedures employed, the cost of those repairs, outcomes of litigation or arbitration, and expected recoveries from insurance carriers and suppliers. Due to the degree of judgment required in making these estimates and the inherent uncertainty in potential outcomes, it is reasonably possible that our actual costs and recoveries could differ from those recorded and such differences could be material. In addition, due to such uncertainty, we are unable to estimate the range of any such differences. With respect to our insurance receivables, disputes between home builders and carriers over coverage positions relating to construction defect claims are common, and resolution of claims with carriers involves the exchange of significant amounts of information and frequently involves legal action. While our primary insurance carrier has funded substantially all of the water intrusion claims that we have submitted to it to date, other insurance carriers have recently disputed coverage for the same claims under policies that are substantially the same. As a result, we entered arbitration proceedings during the third quarter of fiscal 2019 with these carriers. Based on the legal merits that support our pending insurance claims, review by legal counsel, our history of collecting significant amounts funded by our primary carrier under policies that are substantially the same, and the high credit ratings of our insurance carriers, we believe collection of our remaining recorded insurance receivables is probable. However, due to the complexity of the underlying claims and the variability of the other factors described above, it is reasonably possible that our actual insurance recoveries could materially differ from those recorded. Resolution of these known and unknown claims is expected to take several years.

Income Taxes

Income Taxes	9 Months Ended
	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recorded income tax provisions of $72.6 million and $126.8 million for the nine months ended July 31, 2020 and 2019, respectively. The effective tax rate was 22.7% for the nine months ended July 31, 2020, compared to 24.6% for the nine months ended July 31, 2019. For the three months ended July 31, 2020 and 2019, we recorded income tax provisions of $37.1 million and $40.6 million, respectively. The effective tax rate was 24.4% for the three months ended July 31, 2020, compared to 21.7% for the three months ended July 31, 2019. The lower effective tax rate for the nine months ended July 31, 2020 was primarily due to a benefit recognized of $7.8 million from the retroactive extension of the federal energy efficient home credit, which was enacted into law on December 20, 2019. The income tax provisions for all periods included the provision for state income taxes, interest accrued on anticipated tax assessments, excess tax benefits related to stock-based compensation, and other permanent differences. We are subject to state tax in the jurisdictions in which we operate. 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 that our state income tax rate for the full fiscal year 2020 will be approximately 5.3%. Our state income tax rate for the full fiscal year 2019 was 6.1%. At July 31, 2020, we had $8.4 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	9 Months Ended
	Jul. 31, 2020
Share-based Payment Arrangement [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 non-employee 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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Total stock-based compensation expense recognized $ 20,636 $ 19,351 $ 3,834 $ 5,435 Income tax benefit recognized $ 5,169 $ 5,047 $ 891 $ 1,395 At July 31, 2020 and October 31, 2019, the aggregate unamortized value of outstanding stock-based compensation awards was approximately $19.8 million and $18.7 million, respectively.

Stock Repurchase Program and Ca

Stock Repurchase Program and Cash Dividend	9 Months Ended
	Jul. 31, 2020
Stock Repurchase Program [Abstract]
Stock Repurchase Program [Text Block]	Stock Repurchase Program and Cash Dividends Stock Repurchase Program On March 10, 2020 our Board of Directors terminated our existing 20 million share repurchase program, which was authorized in December 2019, and authorized, under a new repurchase program, the repurchase of 20 million shares of our common stock in open market transactions, privately negotiated transactions (including accelerated share repurchases), issuer tender offers or other financial arrangements or transactions, in each case for general corporate purposes, including to obtain shares for the Company’s equity award and other employee benefit plans. Our Board of Directors did not fix any expiration date for this repurchase program. The table below provides, for the periods indicated, information about our share repurchase programs: Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Number of shares purchased (in thousands) 15,948 4,767 10 3,979 Average price per share $ 39.75 $ 35.13 $ 32.81 $ 35.74 Remaining authorization at July 31 (in thousands) 19,988 15,805 19,988 15,805 Cash Dividends During the nine months ended July 31, 2020 and 2019, we declared and paid cash dividends of $0.33 per share to our shareholders. During the three months ended July 31, 2020 and 2019, we declared and paid cash dividends of $0.11 per share to our shareholders.

Earnings Per Share Information

Earnings Per Share Information	9 Months Ended
	Jul. 31, 2020
Earnings Per Share [Abstract]
Income per Share Information	Earnings per Share Information The table below provides, for the periods indicated, information pertaining to the calculation of earnings per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Numerator: Net income as reported $ 247,307 $ 387,692 $ 114,761 $ 146,318 Denominator: Basic weighted-average shares 131,024 146,041 126,722 144,750 Common stock equivalents (1) 1,008 1,438 677 1,525 Diluted weighted-average shares 132,032 147,479 127,399 146,275 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 2,761 1,378 3,640 754 Shares issued under stock incentive and employee stock purchase plans 950 860 342 205 (1) 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 upon the conversion of restricted stock units under our equity award programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Jul. 31, 2020
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 July 31, October 31, 2019 Residential Mortgage Loans Held for Sale Level 2 $ 161,540 $ 218,777 Forward Loan Commitments — Residential Mortgage Loans Held for Sale Level 2 $ (1,552) $ 298 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ 3,964 $ 964 Forward Loan Commitments — IRLCs Level 2 $ (3,964) $ (964) At July 31, 2020 and October 31, 2019, the carrying value of cash and cash equivalents and customer deposits held in escrow approximated fair value. 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 Fair value Excess At July 31, 2020 $ 157,237 $ 161,540 $ 4,303 At October 31, 2019 $ 216,280 $ 218,777 $ 2,497 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 inventory was determined using Level 3 criteria. See Note 1, “Significant Accounting Policies – Inventory,” in our 2019 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 Sales pace Discount rate Fiscal 2020: January 31 — — — April 30 613 - 789 9 14.3% July 31 — — — Fiscal 2019: January 31 836 - 13,495 2 - 12 12.5% - 15.8% April 30 372 - 1,915 2 - 19 12.0% - 26.0% July 31 530 - 1,113 2 - 9 7.8% - 13.0% October 31 478 - 857 2 - 5 13.8% - 14.5% The table below provides, for the periods indicated, the number of operating communities that we reviewed for potential impairment, the number of operating communities in which we recognized impairment charges, the amount of impairment charges recognized, and, as of the end of the period indicated, the fair value of those communities, net of impairment charges ($ amounts in thousands): Impaired operating communities Three months ended: Number of Number of Fair value of Impairment charges recognized Fiscal 2020: January 31 65 — $ — $ — April 30 80 1 $ 2,754 300 July 31 66 — $ — — $ 300 Fiscal 2019: January 31 49 5 $ 37,282 $ 5,785 April 30 64 6 $ 36,159 17,495 July 31 69 3 $ 5,436 1,100 October 31 71 7 $ 18,910 6,695 $ 31,075 Debt The table below provides, as of the dates indicated, the book value and estimated fair value of our debt (amounts in thousands): July 31, 2020 October 31, 2019 Fair value Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,084,934 $ 1,084,580 $ 1,114,577 $ 1,112,040 Senior notes (2) Level 1 2,669,876 2,879,185 2,669,876 2,823,043 Mortgage company loan facility (3) Level 2 122,189 122,189 150,000 150,000 $ 3,876,999 $ 4,085,954 $ 3,934,453 $ 4,085,083 (1) 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. (2) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (3) We believe that the carrying value of our mortgage company loan borrowings approximates their fair value.

Other Income - Net

Other Income - Net	9 Months Ended
	Jul. 31, 2020
Other Income and Expenses [Abstract]
Other Income - net	Other Income – Net The table below provides the significant components of other income – net (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Interest income $ 7,667 $ 13,980 $ 869 $ 3,770 Income from ancillary businesses 16,652 21,622 1,548 3,536 Management fee income from home building unconsolidated entities, net 3,968 6,374 2,415 1,647 Directly expensed interest (2,440) — — — Other (930) (1,109) (46) (232) Total other income – net $ 24,917 $ 40,867 $ 4,786 $ 8,721 Management fee income from home building unconsolidated entities presented above primarily represents fees earned by Toll Brothers City Living ® (“City Living”) and traditional home building operations. In addition, in the nine-month periods ended July 31, 2020 and 2019, our apartment living operations earned fees from unconsolidated entities of $10.9 million and $6.8 million, respectively. In the three-months ended July 31, 2020 and 2019, our apartment living operations earned fees from unconsolidated entities of $3.6 million and $2.1 million, respectively. Fees earned by our apartment living operations are included in income from ancillary businesses. Income from ancillary businesses is generated by our mortgage, title, landscaping, security monitoring, Gibraltar, 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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Revenues $ 81,276 $ 102,670 $ 27,434 $ 37,541 Expenses $ 77,594 $ 94,379 $ 25,886 $ 34,005 Other income $ 12,970 $ 13,331 $ — $ —

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jul. 31, 2020
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 and 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. In March 2018, the Pennsylvania Attorney General informed the Company that it was conducting a review of our construction of stucco homes in Pennsylvania after January 1, 2005 and requested that we voluntarily produce documents and information. The Company has produced documents and information in response to this request and, in addition, has produced requested information and documents in response to a subpoena issued in the second quarter of fiscal 2019. Management cannot at this time predict the eventual scope or outcome of this matter. Land Purchase Commitments Generally, our 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 an agreement. Information regarding our land purchase commitments, as of the dates indicated, is provided in the table below (amounts in thousands): July 31, 2020 October 31, 2019 Aggregate purchase commitments: Unrelated parties $ 2,635,746 $ 2,349,900 Unconsolidated entities that the Company has investments in 5,232 10,826 Total $ 2,640,978 $ 2,360,726 Deposits against aggregate purchase commitments $ 185,050 $ 168,778 Additional cash required to acquire land 2,455,928 2,191,948 Total $ 2,640,978 $ 2,360,726 Amount of additional cash required to acquire land included in accrued expenses $ 16,044 $ 14,620 In addition, we expect to purchase approximately 2,200 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 July 31, 2020, we also had similar purchase commitments to acquire land for apartment developments of approximately $109.4 million, of which we had outstanding deposits in the amount of $6.2 million. We intend to develop these projects in joint ventures with unrelated parties in the future. We have additional land parcels under option that have been excluded from the aggregate purchase commitments since we do not believe that we will complete the purchase of these land parcels and no additional funds will be required from us to terminate these contracts. Investments in Unconsolidated Entities At July 31, 2020, we had investments in a number of unconsolidated entities, were committed to invest or advance additional funds, and had guaranteed a portion of the indebtedness and/or loan commitments of these entities. See Note 4, “Investments in Unconsolidated Entities,” for more information regarding our commitments to these entities. Surety Bonds and Letters of Credit At July 31, 2020, we had outstanding surety bonds amounting to $795.0 million, primarily related to our obligations to governmental entities to construct improvements in our communities. We estimate that approximately $386.1 million of work remains on these improvements. We have an additional $178.9 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 July 31, 2020, we had outstanding letters of credit of $129.3 million under our Revolving Credit Facility. These letters of credit were issued to secure 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 July 31, 2020, we had agreements of sale outstanding to deliver 7,239 homes with an aggregate sales value of $6.09 billion. Mortgage Commitments Information regarding our mortgage commitments, as of the dates indicated, is provided in the table below (amounts in thousands): July 31, October 31, 2019 Aggregate mortgage loan commitments: IRLCs $ 655,587 $ 565,634 Non-IRLCs 1,728,639 1,364,972 Total $ 2,384,226 $ 1,930,606 Investor commitments to purchase: IRLCs $ 655,587 $ 565,634 Mortgage loans held for sale 151,454 208,591 Total $ 807,041 $ 774,225 Lease Commitments We lease certain facilities, equipment, and properties held for rental apartment operation or development under non-cancelable operating leases which, in the case of certain rental properties, have an initial term of 99 years. We recognize lease expense for these leases on a straight-line basis over the lease term. ROU assets and lease liabilities are recorded on the balance sheet for all leases with an expected term over one year. A majority of our facility lease agreements include rental payments based on a pro-rata share of the lessor’s operating costs which are variable in nature. Our lease agreements do not contain any residual value guarantees or material restrictive covenants. ROU assets are classified within “Receivables, prepaid expenses, and other assets” and the corresponding lease liability is included in “Accrued expenses” in our Condensed Consolidated Balance Sheet. Leases with an initial term of 12 months or less are not recorded on the balance sheet. At July 31, 2020, ROU assets and lease liabilities were $106.0 million and $125.2 million, respectively. Payments on lease liabilities during the nine months and three months ended July 31, 2020 totaled $12.3 million and $4.2 million, respectively. Lease expense includes costs for leases with terms in excess of one year as well as short-term leases with terms of one year or less. For the nine months and three months ended July 31, 2020, our total lease expense was $18.9 million and $6.1 million, respectively, inclusive of variable lease costs of approximately $2.2 million and $0.7 million, respectively, and short-term lease costs of approxima tel y $3.0 million and $1.0 million, respectively. S ublease income was de minimis. Information regarding our remaining lease payments as of July 31, 2020 is provided in the table below (amounts in thousands): Year ended July 31, 2020 2020 (a) $ 4,231 2021 19,306 2022 17,446 2023 15,027 2024 12,474 Thereafter 213,702 Total lease payments (b) 282,186 Less: Interest (c) 156,955 Present value of lease liabilities $ 125,231 (a) Remaining payments are for the three months ending October 31, 2020 (b) Lease payments include options to extend lease terms that are reasonably certain of being exercised (c) Our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date. The majority of our facility leases give us the option to extend the lease term. The exercise of lease renewal options is at our discretion. For several of our facility leases we are reasonably certain the option will be exercised and thus the renewal term has been included in our calculation of the ROU asset and lease liability. The weighted average remaining lease term and weighted average discount rate used in calculating these facility lease liabilities, excluding our land leases, were 9.0 years and 4.1%, respectively, at July 31, 2020. We have a small number of land leases with initial terms of 99 years. We are not reasonably certain that, if given the option, we would extend these leases. We have therefore excluded the renewal terms from our ROU asset and lease liability for these leases. The weighted average remaining lease term and weighted average discount rate used in calculating these land lease liabilities were 94.1 years and 4.5%, respectively, at July 31, 2020.

Information on Segments

Information on Segments	9 Months Ended
	Jul. 31, 2020
Segment Reporting [Abstract]
Segment Reporting Disclosure	Information on 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, affordable luxury, age-qualified, and second-home buyers in the United States (“Traditional Home Building”). We also build and sell homes in urban infill markets through City Living. Our Traditional Home Building segment operates in five geographic segments. In the first quarter of fiscal 2020, we made certain changes to our Traditional Home Building regional management structure and realigned certain of the states falling among our five geographic segments, as follows: Eastern Region: • The North region: Connecticut, Delaware, Illinois, Massachusetts, Michigan, Pennsylvania, New Jersey and New York; • The Mid-Atlantic region: Georgia, Maryland, North Carolina, Tennessee and Virginia; • The South region: Florida, South Carolina and Texas; Western Region: • The Mountain region: Arizona, Colorado, Idaho, Nevada and Utah; and • The Pacific region: California, Oregon and Washington. Previously, our geographic segments were: • North : Connecticut, Illinois, Massachusetts, Michigan, New Jersey and New York; • Mid-Atlantic : Delaware, Maryland, Pennsylvania and Virginia; • South : Florida, Georgia, North Carolina, South Carolina and Texas; • West : Arizona, Colorado, Idaho, Nevada, Oregon, Utah and Washington; and • California : California. Our new geographic reporting segments are consistent with how our chief operating decision makers are assessing operating performance and allocating capital following the realignment of the regional management structure. The realignment did not have any impact on our consolidated financial position, results of operations, earnings per share or cash flows. Prior period segment information was restated to conform to the new reporting structure. Revenues and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 (Restated) (Restated) Revenues: Traditional Home Building: North $ 840,481 $ 976,616 $ 290,399 $ 360,008 Mid-Atlantic 556,655 522,703 201,279 213,716 South 690,809 663,109 276,319 243,420 Mountain 1,026,000 804,901 425,400 292,693 Pacific 1,225,072 1,597,157 406,424 573,492 Traditional Home Building 4,339,017 4,564,486 1,599,821 1,683,329 City Living 102,973 224,560 26,366 71,892 Corporate and other (607) (711) 1,625 1,749 Total home sales revenues 4,441,383 4,788,335 1,627,812 1,756,970 Land sales revenues 90,609 56,631 23,677 8,721 Total revenues $ 4,531,992 $ 4,844,966 $ 1,651,489 $ 1,765,691 Income (loss) before income taxes: Traditional Home Building: North $ 33,249 $ 47,483 $ 13,722 $ 25,126 Mid-Atlantic 20,189 29,571 13,356 11,968 South 61,612 68,711 32,422 24,397 Mountain 103,883 85,172 53,099 32,192 Pacific 207,867 336,412 76,808 121,798 Traditional Home Building 426,800 567,349 189,407 215,481 City Living 27,789 59,661 9,543 19,185 Corporate and other (134,679) (112,489) (47,085) (47,750) Total $ 319,910 $ 514,521 $ 151,865 $ 186,916 “Corporate and other” is comprised principally of general corporate expenses such as our executive offices; 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 our Rental Property Joint Ventures and Gibraltar Joint Ventures. Total assets for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): July 31, October 31, (Restated) Traditional Home Building: North $ 1,526,703 $ 1,487,012 Mid-Atlantic 946,295 854,470 South 1,232,172 1,165,974 Mountain 1,961,496 1,769,649 Pacific 2,475,221 2,627,417 Traditional Home Building 8,141,887 7,904,522 City Living 537,855 529,507 Corporate and other 1,857,689 2,394,109 Total $ 10,537,431 $ 10,828,138 “Corporate and other” is comprised principally of cash and cash equivalents, restricted cash, deferred tax assets, investments in our Rental Property Joint Ventures, expected recoveries from insurance carriers and suppliers, our Gibraltar investments and operations, manufacturing facilities, and our mortgage and title subsidiaries. The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the periods indicated, were as follows (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Traditional Home Building: North $ 1,478 $ 17,860 $ 1,106 $ 212 Mid-Atlantic 15,449 1,380 4,783 1,277 South 2,619 7,418 630 3,072 Mountain 427 102 167 87 Pacific 1,961 76 4 31 Total 21,934 26,836 6,690 4,679 City Living 4,800 — $ 21,934 $ 31,636 $ 6,690 $ 4,679

Supplemental Guarantor Informat

Supplemental Guarantor Information	9 Months Ended
	Jul. 31, 2020
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information [Text Block]	Supplemental Guarantor Information At July 31, 2020, our 100%-owned subsidiary, Toll Brothers Finance Corp. (the “Subsidiary Issuer”), has issued the following outstanding senior notes (amounts in thousands): Original amount issued and amount outstanding 5.875% Senior Notes due February 15, 2022 $ 419,876 4.375% Senior Notes due April 15, 2023 $ 400,000 5.625% Senior Notes due January 15, 2024 $ 250,000 4.875% Senior Notes due November 15, 2025 $ 350,000 4.875% Senior Notes due March 15, 2027 $ 450,000 4.350% Senior Notes due February 15, 2028 $ 400,000 3.80% Senior Notes due November 1, 2029 $ 400,000 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 these senior notes. 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 Revolving 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 Revolving Credit Facility. If there are no guarantors under the Revolving 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 July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated ASSETS Cash and cash equivalents — — 434,550 124,798 — 559,348 Inventory 7,941,516 92,999 8,034,515 Property, construction and office equipment, net 311,670 1,843 313,513 Receivables, prepaid expenses and other assets 5,412 266,760 776,158 (79,914) 968,416 Mortgage loans held for sale, at fair value 161,540 161,540 Customer deposits held in escrow 77,678 416 78,094 Investments in unconsolidated entities 44,524 368,242 412,766 Investments in and advances to consolidated entities 4,803,019 2,719,647 185,516 206,698 (7,914,880) — Income taxes receivable 9,239 9,239 4,817,670 2,719,647 9,262,214 1,732,694 (7,994,794) 10,537,431 LIABILITIES AND EQUITY Liabilities Loans payable 1,082,262 34,020 (34,257) 1,082,025 Senior notes 2,661,301 2,661,301 Mortgage company loan facility 122,189 122,189 Customer deposits 435,281 1,727 437,008 Accounts payable 375,859 41 375,900 Accrued expenses 6,551 40,505 600,656 417,937 (50,827) 1,014,822 Advances from consolidated entities 328,899 666,132 (995,031) — Income taxes payable 118,058 118,058 Total liabilities 124,609 2,701,806 2,822,957 1,242,046 (1,080,115) 5,811,303 Equity Stockholders’ equity Common stock 1,529 48 3,006 (3,054) 1,529 Additional paid-in capital 722,115 49,400 199,034 (248,434) 722,115 Retained earnings (deficit) 4,996,819 (31,559) 6,439,209 237,554 (6,663,191) 4,978,832 Treasury stock, at cost (1,022,406) (1,022,406) Accumulated other comprehensive loss (4,996) (4,996) Total stockholders’ equity 4,693,061 17,841 6,439,257 439,594 (6,914,679) 4,675,074 Noncontrolling interest 51,054 51,054 Total equity 4,693,061 17,841 6,439,257 490,648 (6,914,679) 4,726,128 4,817,670 2,719,647 9,262,214 1,732,694 (7,994,794) 10,537,431 Condensed Consolidating Balance Sheet at October 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated ASSETS Cash and cash equivalents — — 1,082,067 203,947 — 1,286,014 Inventory 7,791,759 81,289 7,873,048 Property, construction and office equipment, net 263,140 10,272 273,412 Receivables, prepaid expenses and other assets 224,681 610,541 (119,781) 715,441 Mortgage loans held for sale, at fair value 218,777 218,777 Customer deposits held in escrow 74,303 100 74,403 Investments in unconsolidated entities 50,594 315,658 366,252 Investments in and advances to consolidated entities 5,172,737 2,704,551 163,371 147,413 (8,188,072) — Income taxes receivable 20,791 20,791 5,193,528 2,704,551 9,649,915 1,587,997 (8,307,853) 10,828,138 LIABILITIES AND EQUITY Liabilities Loans payable 1,109,614 36,092 (34,257) 1,111,449 Senior notes 2,659,898 2,659,898 Mortgage company loan facility 150,000 150,000 Customer deposits 383,583 2,013 385,596 Accounts payable 347,715 884 348,599 Accrued expenses 754 26,812 569,476 443,180 (89,290) 950,932 Advances from consolidated entities 1,052,370 503,058 (1,555,428) — Income taxes payable 102,971 102,971 Total liabilities 103,725 2,686,710 3,462,758 1,135,227 (1,678,975) 5,709,445 Equity Stockholders’ equity Common stock 1,529 48 3,006 (3,054) 1,529 Additional paid-in capital 726,879 49,400 177,034 (226,434) 726,879 Retained earnings (deficit) 4,792,409 (31,559) 6,187,109 225,853 (6,399,390) 4,774,422 Treasury stock, at cost (425,183) (425,183) Accumulated other comprehensive loss (5,831) (5,831) Total stockholders’ equity 5,089,803 17,841 6,187,157 405,893 (6,628,878) 5,071,816 Noncontrolling interest 46,877 46,877 Total equity 5,089,803 17,841 6,187,157 452,770 (6,628,878) 5,118,693 5,193,528 2,704,551 9,649,915 1,587,997 (8,307,853) 10,828,138 Condensed Consolidating Statement of Operations and Comprehensive Income for the nine months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 4,415,086 26,297 4,441,383 Land sales and other 68,142 159,691 (137,224) 90,609 — — 4,483,228 185,988 (137,224) 4,531,992 Cost of revenues: Home sales 3,613,839 20,717 (5,031) 3,629,525 Land sales and other 43,303 97,368 (59,712) 80,959 — — 3,657,142 118,085 (64,743) 3,710,484 Selling, general and administrative 200 53 554,591 45,828 (68,853) 531,819 Income (loss) from operations (200) (53) 271,495 22,075 (3,628) 289,689 Other: Income (loss) from unconsolidated entities 14,589 (9,285) 5,304 Other income – net 16,719 11,158 (2,960) 24,917 Intercompany interest income 98,080 4,539 4,020 (106,639) — Interest expense (98,027) (4,129) (5,071) 107,227 — Income from subsidiaries 320,111 22,898 (343,009) — Income before income taxes 319,911 — 326,111 22,897 (349,009) 319,910 Income tax provision 72,603 74,010 5,197 (79,207) 72,603 Net income 247,308 — 252,101 17,700 (269,802) 247,307 Other comprehensive income, net of tax 835 835 Total comprehensive income 248,143 — 252,101 17,700 (269,802) 248,142 Condensed Consolidating Statement of Operations and Comprehensive Income for the nine months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 4,707,462 80,873 4,788,335 Land sales and other 52,712 144,913 (140,994) 56,631 — — 4,760,174 225,786 (140,994) 4,844,966 Cost of revenues: Home sales 3,753,209 64,397 741 3,818,347 Land sales and other 14,935 79,406 (50,935) 43,406 — — 3,768,144 143,803 (50,194) 3,861,753 Selling, general and administrative 491 2,022 552,772 55,346 (83,313) 527,318 Income (loss) from operations (491) (2,022) 439,258 26,637 (7,487) 455,895 Other: Income from unconsolidated entities 8,786 8,973 17,759 Other income – net 15,986 15,521 9,360 40,867 Intercompany interest income 99,853 1,752 4,782 (106,387) — Interest expense (97,831) (4,782) (1,901) 104,514 — Income from subsidiaries 515,012 54,012 (569,024) — Income before income taxes 514,521 — 515,012 54,012 (569,024) 514,521 Income tax provision 126,829 126,951 13,313 (140,264) 126,829 Net income 387,692 — 388,061 40,699 (428,760) 387,692 Other comprehensive income, net of tax 168 168 Total comprehensive income 387,860 — 388,061 40,699 (428,760) 387,860 Condensed Consolidating Statement of Operations and Comprehensive Income for the three months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 1,616,151 11,661 1,627,812 Land sales and other 24,178 46,762 (47,263) 23,677 — — 1,640,329 58,423 (47,263) 1,651,489 Cost of revenues: Home sales 1,311,978 9,431 (2,473) 1,318,936 Land sales and other 17,173 26,281 (21,195) 22,259 — — 1,329,151 35,712 (23,668) 1,341,195 Selling, general and administrative 100 17 169,550 12,837 (21,855) 160,649 Income (loss) from operations (100) (17) 141,628 9,874 (1,740) 149,645 Other: (Loss) income from unconsolidated entities (126) (2,440) (2,566) Other income – net 2,651 682 1,453 4,786 Intercompany interest income 32,438 1,609 1,218 (35,265) — Interest expense (32,421) (1,327) (1,805) 35,553 — Income from subsidiaries 151,965 7,529 (159,494) — Income before income taxes 151,865 — 151,964 7,529 (159,493) 151,865 Income tax provision 37,104 37,222 1,951 (39,173) 37,104 Net income 114,761 — 114,742 5,578 (120,320) 114,761 Other comprehensive income, net of tax 279 279 Total comprehensive income 115,040 — 114,742 5,578 (120,320) 115,040 Condensed Consolidating Statement of Operations and Comprehensive Income for the three months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 1,740,111 16,859 1,756,970 Land sales and other 21,919 37,269 (50,467) 8,721 — — 1,762,030 54,128 (50,467) 1,765,691 Cost of revenues: Home sales 1,387,423 13,432 900 1,401,755 Land sales and other 6,956 16,605 (17,329) 6,232 — — 1,394,379 30,037 (16,429) 1,407,987 Selling, general and administrative 627 197,722 19,251 (30,891) 186,709 Income (loss) from operations — (627) 169,929 4,840 (3,147) 170,995 Other: Income from unconsolidated entities 245 6,955 7,200 Other income - net 3,731 1,271 3,719 8,721 Intercompany interest income 32,849 882 1,802 (35,533) — Interest expense (32,222) (1,802) (937) 34,961 — Income from consolidated subsidiaries 186,916 13,931 (200,847) — Income before income taxes 186,916 — 186,916 13,931 (200,847) 186,916 Income tax provision 40,598 40,596 2,764 (43,360) 40,598 Net income 146,318 — 146,320 11,167 (157,487) 146,318 Other comprehensive income, net of tax 56 56 Total comprehensive income 146,374 — 146,320 11,167 (157,487) 146,374 Condensed Consolidating Statement of Cash Flows for the nine months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Net cash provided by (used in) operating activities 44,865 15,106 267,618 (177,176) (8,818) 141,595 Cash flow (used in) provided by investing activities: Purchase of property, construction, and office equipment - net (74,769) (232) (75,001) Investments in unconsolidated entities (697) (46,613) (47,310) Return of investments in unconsolidated entities 9,507 33,132 42,639 Investment in foreclosed real estate and distressed loans (866) (866) Return of investments in foreclosed real estate and distressed loans 1,751 1,751 Acquisition of a business (60,349) (60,349) Proceeds from the sale of golf club properties and an office building 15,617 15,617 Investment paid - intercompany (85,631) 85,631 — Intercompany advances 620,406 (15,106) (605,300) — Net cash (used in) provided by investing activities 620,406 (15,106) (211,939) 2,789 (519,669) (123,519) Cash flow (used in) provided by financing activities: Proceeds from loans payable 1,424,770 1,825,240 3,250,010 Principal payments of loans payable (1,479,520) (1,854,911) (3,334,431) Proceeds from stock-based benefit plans, net 11,252 11,252 Purchase of treasury stock (633,873) (633,873) Dividends paid (42,650) (42,650) Payments related to noncontrolling interest, net (1,935) (1,935) Dividend paid - intercompany (6,000) 6,000 — Investment received - intercompany 85,628 (85,628) — Intercompany advances (648,276) 40,161 608,115 — Net cash (used in) provided by financing activities (665,271) — (703,026) 88,183 528,487 (751,627) Net decrease in cash, cash equivalents, and restricted cash — — (647,347) (86,204) — (733,551) Cash, cash equivalents, and restricted cash, beginning of period — — 1,082,090 237,553 — 1,319,643 Cash, cash equivalents, and restricted cash, end of period — — 434,743 151,349 — 586,092 Condensed Consolidating Statement of Cash Flows for the nine months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Net cash provided by (used in) operating activities 39,943 5,214 197,142 (213,999) (5,839) 22,461 Cash flow (used in) provided by investing activities: Purchase of property, construction, and office equipment - net (61,847) 569 (61,278) Investments in unconsolidated entities (3,256) (40,004) (43,260) Return of investments in unconsolidated entities 1,350 111,023 112,373 Investment in foreclosed real estate and distressed loans (602) (602) Return of investments in foreclosed real estate and distressed loans 1,649 1,649 Business acquisitions (92,840) (92,840) Investment paid - intercompany (71,628) 71,628 — Proceeds from the sale of a golf club property 15,319 18,220 33,539 Intercompany advances 170,230 344,786 (515,016) — Net cash (used in) provided by investing activities 170,230 344,786 (212,902) 90,855 (443,388) (50,419) Cash flow (used in) provided by financing activities: Proceeds from loans payable 300,000 1,640,998 1,940,998 Debt issuance costs (1,948) (1,948) Principal payments of loans payable (55,829) (1,640,998) (1,696,827) Redemption of senior notes (350,000) (350,000) Proceeds from stock-based benefit plans, net 5,441 5,441 Purchase of treasury stock (167,474) (167,474) Dividends paid (48,140) (48,140) Receipts related to noncontrolling interest, net 49 49 Investment received - intercompany 71,628 (71,628) — Intercompany advances (598,468) 77,613 520,855 — Net cash (used in) provided by financing activities (210,173) (350,000) (356,245) 149,290 449,227 (317,901) Net (decrease) increase in cash, cash equivalents, and restricted cash — — (372,005) 26,146 — (345,859) Cash, cash equivalents, and restricted cash, beginning of period — — 1,011,867 171,072 — 1,182,939 Cash, cash equivalents, and restricted cash, end of period — — 639,862 197,218 — 837,080

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Jul. 31, 2020
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [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. 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, 2019 balance sheet amounts and disclosures included herein have been derived from our October 31, 2019 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, they should 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, 2019 (“2019 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 July 31, 2020; the results of our operations and changes in equity for the nine-month and three-month periods ended July 31, 2020 and 2019; and our cash flows for the nine-month periods ended July 31, 2020 and 2019. The results of operations for such interim periods are not necessarily indicative of the results to be expected for the full year. Use of Estimates - The preparation of financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. In times of economic disruption when uncertainty regarding future economic conditions is heightened, these estimates and assumptions are subject to greater variability. The Company is currently subject to risks and uncertainties resulting from the novel coronavirus (COVID-19) pandemic, which significantly and adversely impacted our results of operations in the second quarter of fiscal 2020 and, to a lesser extent, in the third quarter of fiscal 2020. The impacts of COVID-19 are likely to continue to impact our results of operations as well as our business operations. As a result, actual results could differ from the estimates and assumptions we make that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes, and such differences may be material.
Revenue [Policy Text Block]	Revenue Recognition Home sales revenues: Revenues and cost of revenues from home sales are recognized at the time each home is delivered and title and possession are transferred to the buyer. For the majority of our home closings, our performance obligation to deliver a home is satisfied in less than one year from the date a binding sale agreement is signed. In certain states where we build, we are not able to complete certain outdoor features prior to the closing of the home. To the extent these separate performance obligations are not complete upon the home closing, we defer a portion of the home sales revenues related to these obligations and subsequently recognize the revenue upon completion of such obligations. As of July 31, 2020, the home sales revenues and related costs we deferred related to these obligations were immaterial. Our contract liabilities, consisting of deposits received from customers for sold but undelivered homes, totaled $437.0 million and $385.6 million at July 31, 2020 and October 31, 2019, respectively. Of the outstanding customer deposits held as of October 31, 2019, we recognized $260.6 million and $83.8 million in home sales revenues during the nine months and three months ended July 31, 2020, respectively. Land sales revenues: Our revenues from land sales generally consist of: (1) lot sales to third-party builders within our master planned communities; (2) land sales to joint ventures in which we retain an interest; and (3) bulk sales to third parties of land we have decided no longer meets our development criteria. In general, our performance obligation for each of these land sales is fulfilled upon the delivery of the land, which generally coincides with the receipt of cash consideration from the counterparty. For land sale transactions that contain repurchase options, revenues and related costs are not recognized until the repurchase option expires. In addition, when we sell land to a joint venture in which we retain an interest, we do not recognize revenue or gains on the sale to the extent of our retained interest in such joint venture. Forfeited Customer Deposits: Forfeited customer deposits are recognized in “Home sales revenues” in our Condensed Consolidated Statements of Operations and Comprehensive Income in the period in which we determine that the customer will not complete the purchase of the home and we have the right to retain the deposit. Sales Incentives: In order to promote sales of our homes, we may offer our home buyers sales incentives. These incentives vary by type and amount on a community-by-community and home-by-home basis. Incentives are reflected as a reduction in home sales revenues. Incentives are recognized at the time the home is delivered to the home buyer and we receive the sales proceeds.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements 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. In July 2018, the FASB issued ASU No. 2018-11, “Leases: Targeted Improvements” (“ASU 2018-11”), which provides an entity with the option to apply the transition provisions of the new standard at its adoption date instead of at its earliest comparative period presented. ASU 2018-11 also provides an entity with a practical expedient that permits lessors to not separate non-lease components from the associated lease component if certain conditions are met. ASU 2016-02, as amended by ASU 2018-11, became effective for our fiscal year beginning November 1, 2019, and we adopted the new standard using a modified retrospective approach. The prior year period was not recast and our Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. We elected to apply the transition provisions that allow us to carry forward our historical assessment of (1) whether contracts are or contain leases, (2) lease classification, and (3) initial direct costs. In addition, we elected the practical expedient that allows lessees the option to account for lease and non-lease components together as a single component for all classes of underlying assets. As a result of the adoption, we recorded a right-of-use (“ROU”) asset and lease liability of $114.5 million and $118.5 million, respectively, as of November 1, 2019. The ROU asset is included in “Receivables, prepaid expenses, and other assets” and the corresponding lease liability is included in “Accrued expenses” in our Condensed Consolidated Balance Sheet. The adoption of ASU 2016-02 had no impact on retained earnings and did not materially impact our Condensed Consolidated Statements of Operations and Comprehensive Income or Condensed Consolidated Statements of Cash Flows. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to estimate credit losses. ASU 2016-13 will be effective for our fiscal year beginning November 1, 2020, with early adoption permitted as of November 1, 2019. We continue to evaluate the impact of this standard, however we believe that the adoption of ASU 2016-13 will not have a material impact on our consolidated financial statements or disclosures.

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Jul. 31, 2020
Inventory Disclosure [Abstract]
Inventory	Inventory at July 31, 2020 and October 31, 2019 consisted of the following (amounts in thousands): July 31, October 31, Land controlled for future communities $ 167,694 $ 182,929 Land owned for future communities 963,399 868,202 Operating communities 6,903,422 6,821,917 $ 8,034,515 $ 7,873,048
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: July 31, October 31, Land owned for future communities: Number of communities 15 16 Carrying value (in thousands) $ 112,133 $ 120,857 Operating communities: Number of communities 1 1 Carrying value (in thousands) $ 5,840 $ 2,871
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 believe not to be recoverable, for the periods indicated, are shown in the table below (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Land controlled for future communities $ 16,765 $ 7,256 $ 3,926 $ 3,579 Land owned for future communities 4,869 2,764 Operating communities 300 24,380 1,100 $ 21,934 $ 31,636 $ 6,690 $ 4,679
Interest incurred, capitalized and expensed	Interest incurred, capitalized, and expensed, for the periods indicated, was as follows (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Interest capitalized, beginning of period $ 311,323 $ 319,364 $ 324,864 $ 328,583 Interest incurred 131,547 131,830 41,794 43,968 Interest expensed to home sales cost of revenues (111,278) (125,862) (40,467) (46,635) Interest expensed to land sales cost of revenues (4,124) (945) (2,820) (310) Interest expensed in other income (2,440) Interest capitalized on investments in unconsolidated entities (2,790) (3,936) (1,013) (852) Previously capitalized interest on investments in unconsolidated entities transferred to inventory 208 4,802 88 499 Interest capitalized, end of period $ 322,446 $ 325,253 $ 322,446 $ 325,253

Investments in Unconsolidated_2

Investments in Unconsolidated Entities (Tables)	9 Months Ended
	Jul. 31, 2020
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 July 31, 2020, regarding active joint ventures that we are invested in, by joint venture category ($ amounts in thousands): Land Home Building Rental Property Gibraltar Total Number of unconsolidated entities 9 4 25 7 45 Investment in unconsolidated entities $ 129,019 $ 37,608 $ 225,294 $ 20,845 $ 412,766 Number of unconsolidated entities with funding commitments by the Company 3 — 9 1 13 Company’s remaining funding commitment to unconsolidated entities $ 30,300 $ — $ 24,251 $ 3,675 $ 58,226
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 July 31, 2020, regarding the debt financing obtained by category ($ amounts in thousands): Land Home Building Rental Property Total Number of joint ventures with debt financing 4 1 22 27 Aggregate loan commitments $ 158,823 $ 43,054 $ 1,607,742 $ 1,809,619 Amounts borrowed under loan commitments $ 133,654 $ 43,054 $ 1,150,967 $ 1,327,675
Condensed balance sheet	Condensed Balance Sheets: July 31, October 31, Cash and cash equivalents $ 98,313 $ 85,819 Inventory 542,824 579,226 Loans receivable, net 66,779 56,545 Rental properties 1,049,035 1,021,848 Rental properties under development 768,686 535,197 Real estate owned 6,752 12,267 Other assets 167,279 212,761 Total assets $ 2,699,668 $ 2,503,663 Debt, net of deferred financing costs $ 1,328,035 $ 1,226,857 Other liabilities 169,440 175,827 Members’ equity 1,201,846 1,100,563 Noncontrolling interest 347 416 Total liabilities and equity $ 2,699,668 $ 2,503,663 Company’s net investment in unconsolidated entities (1) $ 412,766 $ 366,252 (1) Differences between our net investment in unconsolidated entities and our underlying equity in the net assets of the entities are primarily a result of other than temporary impairments related to our investments in unconsolidated entities; interest capitalized on our investments; the estimated fair value of the guarantees provided to the joint ventures; unrealized gains on our retained joint venture interests; gains recognized from the sale of our ownership interests; and distributions from entities in excess of the carrying amount of our net investment.
Condensed statements of operations and comprehensive income	Condensed Statements of Operations: Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Revenues $ 291,179 $ 511,226 $ 78,897 $ 179,608 Cost of revenues 203,127 443,740 57,778 154,787 Other expenses 100,419 64,027 27,237 22,674 Total expenses 303,546 507,767 85,015 177,461 Gain on disposition of loans and real estate owned 1,053 4,383 1,053 689 (Loss) income from operations (11,314) 7,842 (5,065) 2,836 Other income 977 31,584 448 29,846 (Loss) income before income taxes (10,337) 39,426 (4,617) 32,682 Income tax (benefit) provision (111) 596 37 201 Net (loss) income including earnings from noncontrolling interests (10,226) 38,830 (4,654) 32,481 Less: income (loss) attributable to noncontrolling interest 34 (9,600) 34 (7,521) Net (loss) income attributable to controlling interest $ (10,192) $ 29,230 $ (4,620) $ 24,960 Company’s equity (deficit) in earnings of unconsolidated entities (1) $ 5,304 $ 17,759 $ (2,566) $ 7,200 (1) Differences between our equity in earnings of unconsolidated entities and the underlying net income of the entities are primarily a result of distributions from entities in excess of the carrying amount of our net investment; other than temporary impairments related to our investments in unconsolidated entities; recoveries of previously incurred charges; unrealized gains on our retained joint venture interests; gains recognized from the sale of our investment to our joint venture partner; and our share of the entities’ profits related to home sites purchased by us which reduces our cost basis of the home sites acquired.

Receivables, Prepaid Expenses_2

Receivables, Prepaid Expenses, and Other Assets (Tables)	9 Months Ended
	Jul. 31, 2020
Receivables, prepaid expenses and other assets [Abstract]
Receivables, Prepaid Expenses, and Other Assets [Table Text Block]	Receivables, prepaid expenses, and other assets at July 31, 2020 and October 31, 2019, consisted of the following (amounts in thousands): July 31, 2020 October 31, 2019 Expected recoveries from insurance carriers and others $ 79,818 $ 114,162 Improvement cost receivable 108,006 100,864 Escrow cash held by our captive title company 25,590 32,863 Properties held for rental apartment and commercial development 534,843 367,072 Prepaid expenses 25,475 26,041 Right-of-use asset (1) 106,049 — Other 88,635 74,439 $ 968,416 $ 715,441 (1) On November 1, 2019, we adopted ASU 2016-02 which resulted in the establishment of an ROU asset on our Condensed Consolidated Balance Sheet as of January 31, 2020. The Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. See Note 1, “Significant Accounting Policies – Recent Accounting Pronouncements” for additional information regarding the adoption of ASU 2016-02.

Loans Payable, Senior Notes a_2

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable (Tables)	9 Months Ended
	Jul. 31, 2020
Debt Disclosure [Abstract]
Loans Payable [Text Block]	At July 31, 2020 and October 31, 2019, loans payable consisted of the following (amounts in thousands): July 31, October 31, Senior unsecured term loan $ 800,000 $ 800,000 Loans payable – other 284,934 314,577 Deferred issuance costs (2,909) (3,128) $ 1,082,025 $ 1,111,449

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
	Jul. 31, 2020
Payables and Accruals [Abstract]
Accrued expenses	Accrued expenses at July 31, 2020 and October 31, 2019 consisted of the following (amounts in thousands): July 31, October 31, Land, land development, and construction $ 184,805 $ 192,658 Compensation and employee benefits 184,024 183,592 Escrow liability 23,919 31,587 Self-insurance 198,638 193,405 Warranty 158,399 201,886 Lease liabilities (1) 125,231 — Deferred income 35,427 51,678 Interest 45,854 31,307 Commitments to unconsolidated entities 8,499 9,283 Other 50,026 55,536 $ 1,014,822 $ 950,932 (1) On November 1, 2019, we adopted ASU 2016-02, which resulted in the establishment of lease liabilities on our Condensed Consolidated Balance Sheet as of January 31, 2020. The Condensed Consolidated Balance Sheet as of October 31, 2019 does not reflect any changes resulting from the adoption of the new standard. See Note 1, “Significant Accounting Policies – Recent Accounting Pronouncements” for additional information regarding the adoption of ASU 2016-02.
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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Balance, beginning of period $ 201,886 $ 258,831 $ 157,154 $ 223,655 Additions – homes closed during the period 23,252 23,771 8,975 8,817 Addition – liabilities assumed in a business acquisition 60 425 425 Increase in accruals for homes closed in prior years 5,730 1,834 2,150 1,562 Decrease to water intrusion accrual (24,400) Charges incurred (48,129) (75,942) (9,880) (25,540) Balance, end of period $ 158,399 $ 208,919 $ 158,399 $ 208,919

Stock-Based Benefit Plans (Tabl

Stock-Based Benefit Plans (Tables)	9 Months Ended
	Jul. 31, 2020
Share-based Payment Arrangement [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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Total stock-based compensation expense recognized $ 20,636 $ 19,351 $ 3,834 $ 5,435 Income tax benefit recognized $ 5,169 $ 5,047 $ 891 $ 1,395

Stock Repurchase Program and _2

Stock Repurchase Program and Cash Dividend (Tables)	9 Months Ended
	Jul. 31, 2020
Stock Repurchase Program [Abstract]
Stock repurchase program	The table below provides, for the periods indicated, information about our share repurchase programs: Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Number of shares purchased (in thousands) 15,948 4,767 10 3,979 Average price per share $ 39.75 $ 35.13 $ 32.81 $ 35.74 Remaining authorization at July 31 (in thousands) 19,988 15,805 19,988 15,805

Earnings Per Share Information

Earnings Per Share Information (Tables)	9 Months Ended
	Jul. 31, 2020
Earnings Per Share [Abstract]
Income per share calculation	The table below provides, for the periods indicated, information pertaining to the calculation of earnings per share, common stock equivalents, weighted-average number of antidilutive options, and shares issued (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Numerator: Net income as reported $ 247,307 $ 387,692 $ 114,761 $ 146,318 Denominator: Basic weighted-average shares 131,024 146,041 126,722 144,750 Common stock equivalents (1) 1,008 1,438 677 1,525 Diluted weighted-average shares 132,032 147,479 127,399 146,275 Other information: Weighted-average number of antidilutive options and restricted stock units (2) 2,761 1,378 3,640 754 Shares issued under stock incentive and employee stock purchase plans 950 860 342 205 (1) 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 upon the conversion of restricted stock units under our equity award programs. (2) Weighted-average number of antidilutive options and restricted stock units are based upon the average closing price of our common stock on the New York Stock Exchange for the period.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Jul. 31, 2020
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 July 31, October 31, 2019 Residential Mortgage Loans Held for Sale Level 2 $ 161,540 $ 218,777 Forward Loan Commitments — Residential Mortgage Loans Held for Sale Level 2 $ (1,552) $ 298 Interest Rate Lock Commitments (“IRLCs”) Level 2 $ 3,964 $ 964 Forward Loan Commitments — IRLCs Level 2 $ (3,964) $ (964)
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 Fair value Excess At July 31, 2020 $ 157,237 $ 161,540 $ 4,303 At October 31, 2019 $ 216,280 $ 218,777 $ 2,497
Fair value of inventory adjusted for impairment	The table below provides, for the periods indicated, the number of operating communities that we reviewed for potential impairment, the number of operating communities in which we recognized impairment charges, the amount of impairment charges recognized, and, as of the end of the period indicated, the fair value of those communities, net of impairment charges ($ amounts in thousands): Impaired operating communities Three months ended: Number of Number of Fair value of Impairment charges recognized Fiscal 2020: January 31 65 — $ — $ — April 30 80 1 $ 2,754 300 July 31 66 — $ — — $ 300 Fiscal 2019: January 31 49 5 $ 37,282 $ 5,785 April 30 64 6 $ 36,159 17,495 July 31 69 3 $ 5,436 1,100 October 31 71 7 $ 18,910 6,695 $ 31,075
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): July 31, 2020 October 31, 2019 Fair value Book value Estimated Book value Estimated Loans payable (1) Level 2 $ 1,084,934 $ 1,084,580 $ 1,114,577 $ 1,112,040 Senior notes (2) Level 1 2,669,876 2,879,185 2,669,876 2,823,043 Mortgage company loan facility (3) Level 2 122,189 122,189 150,000 150,000 $ 3,876,999 $ 4,085,954 $ 3,934,453 $ 4,085,083 (1) 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. (2) The estimated fair value of our senior notes is based upon their market prices as of the applicable valuation date. (3) 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]	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 Sales pace Discount rate Fiscal 2020: January 31 — — — April 30 613 - 789 9 14.3% July 31 — — — Fiscal 2019: January 31 836 - 13,495 2 - 12 12.5% - 15.8% April 30 372 - 1,915 2 - 19 12.0% - 26.0% July 31 530 - 1,113 2 - 9 7.8% - 13.0% October 31 478 - 857 2 - 5 13.8% - 14.5%

Other Income - Net (Tables)

Other Income - Net (Tables)	9 Months Ended
	Jul. 31, 2020
Other Income and Expenses [Abstract]
Other Income - net	The table below provides the significant components of other income – net (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Interest income $ 7,667 $ 13,980 $ 869 $ 3,770 Income from ancillary businesses 16,652 21,622 1,548 3,536 Management fee income from home building unconsolidated entities, net 3,968 6,374 2,415 1,647 Directly expensed interest (2,440) — — — Other (930) (1,109) (46) (232) Total other income – net $ 24,917 $ 40,867 $ 4,786 $ 8,721
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): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Revenues $ 81,276 $ 102,670 $ 27,434 $ 37,541 Expenses $ 77,594 $ 94,379 $ 25,886 $ 34,005 Other income $ 12,970 $ 13,331 $ — $ —

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Jul. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Information regarding our remaining lease payments as of July 31, 2020 is provided in the table below (amounts in thousands): Year ended July 31, 2020 2020 (a) $ 4,231 2021 19,306 2022 17,446 2023 15,027 2024 12,474 Thereafter 213,702 Total lease payments (b) 282,186 Less: Interest (c) 156,955 Present value of lease liabilities $ 125,231 (a) Remaining payments are for the three months ending October 31, 2020 (b) Lease payments include options to extend lease terms that are reasonably certain of being exercised (c) Our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our discount rate for such leases to determine the present value of lease payments at the lease commencement date.
Company land purchase commitments	Information regarding our land purchase commitments, as of the dates indicated, is provided in the table below (amounts in thousands): July 31, 2020 October 31, 2019 Aggregate purchase commitments: Unrelated parties $ 2,635,746 $ 2,349,900 Unconsolidated entities that the Company has investments in 5,232 10,826 Total $ 2,640,978 $ 2,360,726 Deposits against aggregate purchase commitments $ 185,050 $ 168,778 Additional cash required to acquire land 2,455,928 2,191,948 Total $ 2,640,978 $ 2,360,726 Amount of additional cash required to acquire land included in accrued expenses $ 16,044 $ 14,620
Company mortgage commitments	Information regarding our mortgage commitments, as of the dates indicated, is provided in the table below (amounts in thousands): July 31, October 31, 2019 Aggregate mortgage loan commitments: IRLCs $ 655,587 $ 565,634 Non-IRLCs 1,728,639 1,364,972 Total $ 2,384,226 $ 1,930,606 Investor commitments to purchase: IRLCs $ 655,587 $ 565,634 Mortgage loans held for sale 151,454 208,591 Total $ 807,041 $ 774,225

Information on Segments (Tables

Information on Segments (Tables)	9 Months Ended
	Jul. 31, 2020
Segment Reporting [Abstract]
Revenue and income (loss) before income taxes and total assets	Revenues and income (loss) before income taxes for each of our segments, for the periods indicated, were as follows (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 (Restated) (Restated) Revenues: Traditional Home Building: North $ 840,481 $ 976,616 $ 290,399 $ 360,008 Mid-Atlantic 556,655 522,703 201,279 213,716 South 690,809 663,109 276,319 243,420 Mountain 1,026,000 804,901 425,400 292,693 Pacific 1,225,072 1,597,157 406,424 573,492 Traditional Home Building 4,339,017 4,564,486 1,599,821 1,683,329 City Living 102,973 224,560 26,366 71,892 Corporate and other (607) (711) 1,625 1,749 Total home sales revenues 4,441,383 4,788,335 1,627,812 1,756,970 Land sales revenues 90,609 56,631 23,677 8,721 Total revenues $ 4,531,992 $ 4,844,966 $ 1,651,489 $ 1,765,691 Income (loss) before income taxes: Traditional Home Building: North $ 33,249 $ 47,483 $ 13,722 $ 25,126 Mid-Atlantic 20,189 29,571 13,356 11,968 South 61,612 68,711 32,422 24,397 Mountain 103,883 85,172 53,099 32,192 Pacific 207,867 336,412 76,808 121,798 Traditional Home Building 426,800 567,349 189,407 215,481 City Living 27,789 59,661 9,543 19,185 Corporate and other (134,679) (112,489) (47,085) (47,750) Total $ 319,910 $ 514,521 $ 151,865 $ 186,916 “Corporate and other” is comprised principally of general corporate expenses such as our executive offices; 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 our Rental Property Joint Ventures and Gibraltar Joint Ventures. Total assets for each of our segments, as of the dates indicated, are shown in the table below (amounts in thousands): July 31, October 31, (Restated) Traditional Home Building: North $ 1,526,703 $ 1,487,012 Mid-Atlantic 946,295 854,470 South 1,232,172 1,165,974 Mountain 1,961,496 1,769,649 Pacific 2,475,221 2,627,417 Traditional Home Building 8,141,887 7,904,522 City Living 537,855 529,507 Corporate and other 1,857,689 2,394,109 Total $ 10,537,431 $ 10,828,138
Schedule of inventory impairments by segment	The amounts we have provided for inventory impairment charges and the expensing of costs that we believed not to be recoverable for each of our segments, for the periods indicated, were as follows (amounts in thousands): Nine months ended July 31, Three months ended July 31, 2020 2019 2020 2019 Traditional Home Building: North $ 1,478 $ 17,860 $ 1,106 $ 212 Mid-Atlantic 15,449 1,380 4,783 1,277 South 2,619 7,418 630 3,072 Mountain 427 102 167 87 Pacific 1,961 76 4 31 Total 21,934 26,836 6,690 4,679 City Living 4,800 — $ 21,934 $ 31,636 $ 6,690 $ 4,679

Supplemental Guarantor Inform_2

Supplemental Guarantor Information (Tables)	9 Months Ended
	Jul. 31, 2020
Supplemental Guarantor Information [Abstract]
Senior Notes issued by Subsidiary Issuer [Table Text Block]	At July 31, 2020, our 100%-owned subsidiary, Toll Brothers Finance Corp. (the “Subsidiary Issuer”), has issued the following outstanding senior notes (amounts in thousands): Original amount issued and amount outstanding 5.875% Senior Notes due February 15, 2022 $ 419,876 4.375% Senior Notes due April 15, 2023 $ 400,000 5.625% Senior Notes due January 15, 2024 $ 250,000 4.875% Senior Notes due November 15, 2025 $ 350,000 4.875% Senior Notes due March 15, 2027 $ 450,000 4.350% Senior Notes due February 15, 2028 $ 400,000 3.80% Senior Notes due November 1, 2029 $ 400,000
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 July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated ASSETS Cash and cash equivalents — — 434,550 124,798 — 559,348 Inventory 7,941,516 92,999 8,034,515 Property, construction and office equipment, net 311,670 1,843 313,513 Receivables, prepaid expenses and other assets 5,412 266,760 776,158 (79,914) 968,416 Mortgage loans held for sale, at fair value 161,540 161,540 Customer deposits held in escrow 77,678 416 78,094 Investments in unconsolidated entities 44,524 368,242 412,766 Investments in and advances to consolidated entities 4,803,019 2,719,647 185,516 206,698 (7,914,880) — Income taxes receivable 9,239 9,239 4,817,670 2,719,647 9,262,214 1,732,694 (7,994,794) 10,537,431 LIABILITIES AND EQUITY Liabilities Loans payable 1,082,262 34,020 (34,257) 1,082,025 Senior notes 2,661,301 2,661,301 Mortgage company loan facility 122,189 122,189 Customer deposits 435,281 1,727 437,008 Accounts payable 375,859 41 375,900 Accrued expenses 6,551 40,505 600,656 417,937 (50,827) 1,014,822 Advances from consolidated entities 328,899 666,132 (995,031) — Income taxes payable 118,058 118,058 Total liabilities 124,609 2,701,806 2,822,957 1,242,046 (1,080,115) 5,811,303 Equity Stockholders’ equity Common stock 1,529 48 3,006 (3,054) 1,529 Additional paid-in capital 722,115 49,400 199,034 (248,434) 722,115 Retained earnings (deficit) 4,996,819 (31,559) 6,439,209 237,554 (6,663,191) 4,978,832 Treasury stock, at cost (1,022,406) (1,022,406) Accumulated other comprehensive loss (4,996) (4,996) Total stockholders’ equity 4,693,061 17,841 6,439,257 439,594 (6,914,679) 4,675,074 Noncontrolling interest 51,054 51,054 Total equity 4,693,061 17,841 6,439,257 490,648 (6,914,679) 4,726,128 4,817,670 2,719,647 9,262,214 1,732,694 (7,994,794) 10,537,431 Condensed Consolidating Balance Sheet at October 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated ASSETS Cash and cash equivalents — — 1,082,067 203,947 — 1,286,014 Inventory 7,791,759 81,289 7,873,048 Property, construction and office equipment, net 263,140 10,272 273,412 Receivables, prepaid expenses and other assets 224,681 610,541 (119,781) 715,441 Mortgage loans held for sale, at fair value 218,777 218,777 Customer deposits held in escrow 74,303 100 74,403 Investments in unconsolidated entities 50,594 315,658 366,252 Investments in and advances to consolidated entities 5,172,737 2,704,551 163,371 147,413 (8,188,072) — Income taxes receivable 20,791 20,791 5,193,528 2,704,551 9,649,915 1,587,997 (8,307,853) 10,828,138 LIABILITIES AND EQUITY Liabilities Loans payable 1,109,614 36,092 (34,257) 1,111,449 Senior notes 2,659,898 2,659,898 Mortgage company loan facility 150,000 150,000 Customer deposits 383,583 2,013 385,596 Accounts payable 347,715 884 348,599 Accrued expenses 754 26,812 569,476 443,180 (89,290) 950,932 Advances from consolidated entities 1,052,370 503,058 (1,555,428) — Income taxes payable 102,971 102,971 Total liabilities 103,725 2,686,710 3,462,758 1,135,227 (1,678,975) 5,709,445 Equity Stockholders’ equity Common stock 1,529 48 3,006 (3,054) 1,529 Additional paid-in capital 726,879 49,400 177,034 (226,434) 726,879 Retained earnings (deficit) 4,792,409 (31,559) 6,187,109 225,853 (6,399,390) 4,774,422 Treasury stock, at cost (425,183) (425,183) Accumulated other comprehensive loss (5,831) (5,831) Total stockholders’ equity 5,089,803 17,841 6,187,157 405,893 (6,628,878) 5,071,816 Noncontrolling interest 46,877 46,877 Total equity 5,089,803 17,841 6,187,157 452,770 (6,628,878) 5,118,693 5,193,528 2,704,551 9,649,915 1,587,997 (8,307,853) 10,828,138 Condensed Consolidating Statement of Operations and Comprehensive Income for the nine months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 4,415,086 26,297 4,441,383 Land sales and other 68,142 159,691 (137,224) 90,609 — — 4,483,228 185,988 (137,224) 4,531,992 Cost of revenues: Home sales 3,613,839 20,717 (5,031) 3,629,525 Land sales and other 43,303 97,368 (59,712) 80,959 — — 3,657,142 118,085 (64,743) 3,710,484 Selling, general and administrative 200 53 554,591 45,828 (68,853) 531,819 Income (loss) from operations (200) (53) 271,495 22,075 (3,628) 289,689 Other: Income (loss) from unconsolidated entities 14,589 (9,285) 5,304 Other income – net 16,719 11,158 (2,960) 24,917 Intercompany interest income 98,080 4,539 4,020 (106,639) — Interest expense (98,027) (4,129) (5,071) 107,227 — Income from subsidiaries 320,111 22,898 (343,009) — Income before income taxes 319,911 — 326,111 22,897 (349,009) 319,910 Income tax provision 72,603 74,010 5,197 (79,207) 72,603 Net income 247,308 — 252,101 17,700 (269,802) 247,307 Other comprehensive income, net of tax 835 835 Total comprehensive income 248,143 — 252,101 17,700 (269,802) 248,142 Condensed Consolidating Statement of Operations and Comprehensive Income for the nine months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 4,707,462 80,873 4,788,335 Land sales and other 52,712 144,913 (140,994) 56,631 — — 4,760,174 225,786 (140,994) 4,844,966 Cost of revenues: Home sales 3,753,209 64,397 741 3,818,347 Land sales and other 14,935 79,406 (50,935) 43,406 — — 3,768,144 143,803 (50,194) 3,861,753 Selling, general and administrative 491 2,022 552,772 55,346 (83,313) 527,318 Income (loss) from operations (491) (2,022) 439,258 26,637 (7,487) 455,895 Other: Income from unconsolidated entities 8,786 8,973 17,759 Other income – net 15,986 15,521 9,360 40,867 Intercompany interest income 99,853 1,752 4,782 (106,387) — Interest expense (97,831) (4,782) (1,901) 104,514 — Income from subsidiaries 515,012 54,012 (569,024) — Income before income taxes 514,521 — 515,012 54,012 (569,024) 514,521 Income tax provision 126,829 126,951 13,313 (140,264) 126,829 Net income 387,692 — 388,061 40,699 (428,760) 387,692 Other comprehensive income, net of tax 168 168 Total comprehensive income 387,860 — 388,061 40,699 (428,760) 387,860 Condensed Consolidating Statement of Operations and Comprehensive Income for the three months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 1,616,151 11,661 1,627,812 Land sales and other 24,178 46,762 (47,263) 23,677 — — 1,640,329 58,423 (47,263) 1,651,489 Cost of revenues: Home sales 1,311,978 9,431 (2,473) 1,318,936 Land sales and other 17,173 26,281 (21,195) 22,259 — — 1,329,151 35,712 (23,668) 1,341,195 Selling, general and administrative 100 17 169,550 12,837 (21,855) 160,649 Income (loss) from operations (100) (17) 141,628 9,874 (1,740) 149,645 Other: (Loss) income from unconsolidated entities (126) (2,440) (2,566) Other income – net 2,651 682 1,453 4,786 Intercompany interest income 32,438 1,609 1,218 (35,265) — Interest expense (32,421) (1,327) (1,805) 35,553 — Income from subsidiaries 151,965 7,529 (159,494) — Income before income taxes 151,865 — 151,964 7,529 (159,493) 151,865 Income tax provision 37,104 37,222 1,951 (39,173) 37,104 Net income 114,761 — 114,742 5,578 (120,320) 114,761 Other comprehensive income, net of tax 279 279 Total comprehensive income 115,040 — 114,742 5,578 (120,320) 115,040 Condensed Consolidating Statement of Operations and Comprehensive Income for the three months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Revenues: Home sales 1,740,111 16,859 1,756,970 Land sales and other 21,919 37,269 (50,467) 8,721 — — 1,762,030 54,128 (50,467) 1,765,691 Cost of revenues: Home sales 1,387,423 13,432 900 1,401,755 Land sales and other 6,956 16,605 (17,329) 6,232 — — 1,394,379 30,037 (16,429) 1,407,987 Selling, general and administrative 627 197,722 19,251 (30,891) 186,709 Income (loss) from operations — (627) 169,929 4,840 (3,147) 170,995 Other: Income from unconsolidated entities 245 6,955 7,200 Other income - net 3,731 1,271 3,719 8,721 Intercompany interest income 32,849 882 1,802 (35,533) — Interest expense (32,222) (1,802) (937) 34,961 — Income from consolidated subsidiaries 186,916 13,931 (200,847) — Income before income taxes 186,916 — 186,916 13,931 (200,847) 186,916 Income tax provision 40,598 40,596 2,764 (43,360) 40,598 Net income 146,318 — 146,320 11,167 (157,487) 146,318 Other comprehensive income, net of tax 56 56 Total comprehensive income 146,374 — 146,320 11,167 (157,487) 146,374 Condensed Consolidating Statement of Cash Flows for the nine months ended July 31, 2020: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Net cash provided by (used in) operating activities 44,865 15,106 267,618 (177,176) (8,818) 141,595 Cash flow (used in) provided by investing activities: Purchase of property, construction, and office equipment - net (74,769) (232) (75,001) Investments in unconsolidated entities (697) (46,613) (47,310) Return of investments in unconsolidated entities 9,507 33,132 42,639 Investment in foreclosed real estate and distressed loans (866) (866) Return of investments in foreclosed real estate and distressed loans 1,751 1,751 Acquisition of a business (60,349) (60,349) Proceeds from the sale of golf club properties and an office building 15,617 15,617 Investment paid - intercompany (85,631) 85,631 — Intercompany advances 620,406 (15,106) (605,300) — Net cash (used in) provided by investing activities 620,406 (15,106) (211,939) 2,789 (519,669) (123,519) Cash flow (used in) provided by financing activities: Proceeds from loans payable 1,424,770 1,825,240 3,250,010 Principal payments of loans payable (1,479,520) (1,854,911) (3,334,431) Proceeds from stock-based benefit plans, net 11,252 11,252 Purchase of treasury stock (633,873) (633,873) Dividends paid (42,650) (42,650) Payments related to noncontrolling interest, net (1,935) (1,935) Dividend paid - intercompany (6,000) 6,000 — Investment received - intercompany 85,628 (85,628) — Intercompany advances (648,276) 40,161 608,115 — Net cash (used in) provided by financing activities (665,271) — (703,026) 88,183 528,487 (751,627) Net decrease in cash, cash equivalents, and restricted cash — — (647,347) (86,204) — (733,551) Cash, cash equivalents, and restricted cash, beginning of period — — 1,082,090 237,553 — 1,319,643 Cash, cash equivalents, and restricted cash, end of period — — 434,743 151,349 — 586,092 Condensed Consolidating Statement of Cash Flows for the nine months ended July 31, 2019: Toll Subsidiary Guarantor Nonguarantor Eliminations Consolidated Net cash provided by (used in) operating activities 39,943 5,214 197,142 (213,999) (5,839) 22,461 Cash flow (used in) provided by investing activities: Purchase of property, construction, and office equipment - net (61,847) 569 (61,278) Investments in unconsolidated entities (3,256) (40,004) (43,260) Return of investments in unconsolidated entities 1,350 111,023 112,373 Investment in foreclosed real estate and distressed loans (602) (602) Return of investments in foreclosed real estate and distressed loans 1,649 1,649 Business acquisitions (92,840) (92,840) Investment paid - intercompany (71,628) 71,628 — Proceeds from the sale of a golf club property 15,319 18,220 33,539 Intercompany advances 170,230 344,786 (515,016) — Net cash (used in) provided by investing activities 170,230 344,786 (212,902) 90,855 (443,388) (50,419) Cash flow (used in) provided by financing activities: Proceeds from loans payable 300,000 1,640,998 1,940,998 Debt issuance costs (1,948) (1,948) Principal payments of loans payable (55,829) (1,640,998) (1,696,827) Redemption of senior notes (350,000) (350,000) Proceeds from stock-based benefit plans, net 5,441 5,441 Purchase of treasury stock (167,474) (167,474) Dividends paid (48,140) (48,140) Receipts related to noncontrolling interest, net 49 49 Investment received - intercompany 71,628 (71,628) — Intercompany advances (598,468) 77,613 520,855 — Net cash (used in) provided by financing activities (210,173) (350,000) (356,245) 149,290 449,227 (317,901) Net (decrease) increase in cash, cash equivalents, and restricted cash — — (372,005) 26,146 — (345,859) Cash, cash equivalents, and restricted cash, beginning of period — — 1,011,867 171,072 — 1,182,939 Cash, cash equivalents, and restricted cash, end of period — — 639,862 197,218 — 837,080

Significant Accounting Polici_3

Significant Accounting Policies (Details) - USD ($)	3 Months Ended	9 Months Ended
	Jul. 31, 2020	Jul. 31, 2020	Nov. 01, 2019	Oct. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Customer Advances and Deposits	$ 437,008,000	$ 437,008,000		$ 385,596,000
Operating Lease, Right-of-Use Asset	106,049,000	106,049,000		0
Operating Lease, Liability	125,231,000	125,231,000		$ 0
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset	106,000,000	106,000,000	$ 114,500,000
Operating Lease, Liability			$ 118,500,000
Home Building [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with Customer, Liability, Revenue Recognized	$ 83,800,000	$ 260,600,000

Acquisition (Details Textuals)

Acquisition (Details Textuals)	1 Months Ended	9 Months Ended		12 Months Ended
	Feb. 29, 2020USD ($)home_sites	Jul. 31, 2020USD ($)luxury_homes	Jul. 31, 2019USD ($)	Oct. 31, 2019USD ($)home_sitescommunities	May 20, 2019USD ($)home_sites
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 60,349,000	$ 92,840,000
Number of Homes to be Delivered | luxury_homes		7,239
Sales Value of Outstanding Homes to be Delivered		$ 6,090,000,000
Thrive Residential [Member]
Business Acquisition [Line Items]
Business Acquisition, Name of Acquired Entity	Thrive Residential
Payments to Acquire Businesses, Net of Cash Acquired	$ 60,300,000
Number of home sites included in acquisition | home_sites	680
Sharp Residential [Member]
Business Acquisition [Line Items]
Business Acquisition, Name of Acquired Entity				Sharp Residential, LLC
Sabal Homes [Member]
Business Acquisition [Line Items]
Business Acquisition, Name of Acquired Entity				Sabal Homes LLC
Sharp Residential and Sabal Homes [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired				$ 162,400,000
Number of home sites included in acquisition | home_sites				2,550
Number of Homes to be Delivered | home_sites					204
Sales Value of Outstanding Homes to be Delivered					$ 96,100,000
Average Sales Price of Backlog					$ 471,100
Business acquisition, number of selling communities | communities				22

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Total Inventory
Inventory	$ 8,034,515	$ 7,873,048
Land controlled for future communities [Member]
Total Inventory
Inventory	167,694	182,929
Land Owned for Future Communities [Member]
Total Inventory
Inventory	963,399	868,202
Operating communities [Member]
Total Inventory
Inventory	$ 6,903,422	$ 6,821,917

Inventory (Details 1)

Inventory (Details 1) $ in Thousands	Jul. 31, 2020USD ($)communities	Oct. 31, 2019USD ($)communities
Land Owned for Future Communities [Member]
Temporarily Closed communities
Number of Communities (in ones) | communities	15	16
Carrying Value | $	$ 112,133	$ 120,857
Operating communities [Member]
Temporarily Closed communities
Number of Communities (in ones) | communities	1	1
Carrying Value | $	$ 5,840	$ 2,871

Inventory (Details 2)

Inventory (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Schedule of inventory [Line Items]
Inventory Write-down	$ 6,690	$ 4,679	$ 21,934	$ 31,636
Land controlled for future communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	3,926	3,579	16,765	7,256
Land Owned for Future Communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down	2,764		4,869
Operating communities [Member]
Schedule of inventory [Line Items]
Inventory Write-down		$ 1,100	$ 300	$ 24,380

Inventory (Details 3)

Inventory (Details 3) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Real estate inventory capitalized interest costs [Line Items]
Interest capitalized, beginning of period	$ 324,864	$ 328,583	$ 311,323	$ 319,364
Interest incurred	41,794	43,968	131,547	131,830
tol_RealEstateInventoryCapitalizedInterestCostsOtherIncome			(2,440)
Interest capitalized on investments in unconsolidated entities	(1,013)	(852)	(2,790)	(3,936)
Previously capitalized interest on investments in unconsolidated entities transferred to inventory	88	499	208	4,802
Interest capitalized, end of period	322,446	325,253	322,446	325,253
Home Building [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	(40,467)	(46,635)	(111,278)	(125,862)
Land [Member]
Real estate inventory capitalized interest costs [Line Items]
Interest expensed to cost of revenues	$ (2,820)	$ (310)	$ (4,124)	$ (945)

Inventory (Details Textual)

Inventory (Details Textual) $ in Thousands	Jul. 31, 2020USD ($)	Oct. 31, 2019USD ($)
Variable Interest Entity [Line Items]
Purchase Obligation	$ 2,640,978	$ 2,360,726
VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Variable Interest Entity [Line Items]
Number of VIE Land Purchase Contracts (in ones)	191	127
Land Purchase Commitment To Unrelated Party [Member]
Variable Interest Entity [Line Items]
Purchase Obligation	$ 2,635,746	$ 2,349,900
Land Purchase Commitment To Unrelated Party [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Variable Interest Entity [Line Items]
Purchase Obligation	2,170,000	2,000,000
Land Parcel Purchase Commitment [Member]
Variable Interest Entity [Line Items]
Deposits against Aggregate Purchase Commitments	185,050	168,778
Land Parcel Purchase Commitment [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Variable Interest Entity [Line Items]
Deposits against Aggregate Purchase Commitments	$ 164,200	$ 149,200

Investments in Unconsolidated_3

Investments in Unconsolidated Entities (Details 1) $ in Thousands	Jul. 31, 2020USD ($)joint_ventures	Oct. 31, 2019USD ($)
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	45
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 412,766	$ 366,252
Number of joint venture with funding commitments | joint_ventures	13
Other Commitment | $	$ 58,226
Land Development Joint Ventures [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	9
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 129,019
Number of joint venture with funding commitments | joint_ventures	3
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	4
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 37,608
Number of joint venture with funding commitments | joint_ventures	0
Rental Joint Ventures, including the Trust [Member]
Schedule of Equity Method Investments [Line Items]
Number of Joint Ventures | joint_ventures	25
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $	$ 225,294
Number of joint venture with funding commitments | joint_ventures	9
Gibraltar Joint Ventures [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 | $	$ 20,845
Number of joint venture with funding commitments | joint_ventures	1
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Land Development Joint Ventures [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	$ 30,300
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 | $	0
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Rental Joint Ventures, including the Trust [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	24,251
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Gibraltar Joint Ventures [Member]
Schedule of Equity Method Investments [Line Items]
Other Commitment | $	$ 3,675

Investments in Unconsolidated_4

Investments in Unconsolidated Entities (Details 2) $ in Thousands	Jul. 31, 2020USD ($)joint_ventures
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	27
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,809,619
Amounts borrowed under commitments	$ 1,327,675
Land Development Joint Ventures [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	$ 158,823
Amounts borrowed under commitments	$ 133,654
Home Building Joint Ventures, Total [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	1
Line of Credit Facility, Maximum Borrowing Capacity	$ 43,054
Amounts borrowed under commitments	$ 43,054
Rental Joint Ventures, including the Trust [Member]
Schedule of Equity Method Investments [Line Items]
Number of joint ventures with loan commitments | joint_ventures	22
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,607,742
Amounts borrowed under commitments	$ 1,150,967

Investments in Unconsolidated_5

Investments in Unconsolidated Entities (Details Textual)	3 Months Ended		9 Months Ended
	Jul. 31, 2020USD ($)joint_ventureshome_sitesrental_unitsHomes_sold	Jul. 31, 2019USD ($)home_sitesHomes_sold	Jul. 31, 2020USD ($)joint_ventureshome_sitesHomes_soldrental_units	Jul. 31, 2019USD ($)Homes_soldhome_sites	Oct. 31, 2019USD ($)
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 412,766,000		$ 412,766,000		$ 366,252,000
Line of Credit Facility, Maximum Borrowing Capacity	1,809,619,000		1,809,619,000
Long-term Line of Credit	1,327,675,000		1,327,675,000
Assets	10,537,431,000		10,537,431,000		10,828,138,000
Other Commitment	$ 58,226,000		$ 58,226,000
Number of Joint Ventures | joint_ventures	45		45
Equity Method Investment, Other than Temporary Impairment		$ 0	$ 3,000,000	$ 0
Revenues	$ 1,651,489,000	1,765,691,000	4,531,992,000	4,844,966,000
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues	78,897,000	$ 179,608,000	291,179,000	$ 511,226,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	412,766,000		412,766,000		366,252,000
Assets	2,699,668,000		2,699,668,000		2,503,663,000
Rental Property Joint Ventures Northern New Jersey [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity					76,000,000
Rental Property Joint Ventures new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	213,200,000		213,200,000
Long-term Line of Credit	29,000,000		29,000,000
Rental Property Joint Ventures new fiscal 2019 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	134,400,000		134,400,000
Long-term Line of Credit	$ 82,100,000		$ 82,100,000
Land Development Joint Ventures [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Home sites sold | home_sites	235	182	568	680
Line of Credit Facility, Maximum Borrowing Capacity	$ 158,823,000		$ 158,823,000
Long-term Line of Credit	133,654,000		133,654,000
Land Development Joint Ventures [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues	$ 15,500,000	$ 43,500,000	$ 59,400,000	$ 182,400,000
Home Building Joint Ventures, Total [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Home sites sold | Homes_sold	9	33	41	105
Line of Credit Facility, Maximum Borrowing Capacity	$ 43,054,000		$ 43,054,000
Long-term Line of Credit	43,054,000		43,054,000
Home Building Joint Ventures, Total [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues	35,600,000	$ 95,800,000	127,000,000	$ 217,600,000
Home Building Joint Venture Metro New York Five [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	76,600,000		76,600,000		236,500,000
Long-term Line of Credit	$ 43,100,000		$ 43,100,000
Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Real Estate Properties | joint_ventures	28		28
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,607,742,000		$ 1,607,742,000
Long-term Line of Credit	$ 1,150,967,000		$ 1,150,967,000
Toll Brothers Realty Trust [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	33.30%		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%		33.30%
Rental Property Joint Ventures new fiscal 2020 Woburn MA [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	$ 75,400,000		$ 75,400,000
Long-term Line of Credit	0		0
Land Development Joint Venture new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	48,000,000		48,000,000
Long-term Line of Credit	$ 32,700,000		32,700,000
Number of home sites included in acquisition	309
Percentage of homes expected to be sold to each partner	50.00%
Rental Property Joint Ventures Northern New Jersey [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Proceeds from Sale of Equity Method Investments			16,800,000
Equity Method Investment, Realized Gain (Loss) on Disposal			$ 10,700,000
Rental Property Joint Ventures new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Real Estate Properties | joint_ventures	5		5
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 53,500,000		$ 53,500,000
Rental Property Joint Ventures new fiscal 2019 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Real Estate Properties | joint_ventures	2		2
Land sales earnings, net				$ 8,400,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 15,800,000		$ 15,800,000
Rental Property Joint Ventures new fiscal 2019 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	75.00%		75.00%
Land Development Joint Ventures [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 129,019,000		$ 129,019,000
Number of Joint Ventures | joint_ventures	9		9
Land Development Joint Ventures [Member] | Equity Method Investee [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Home sites sold | home_sites	32	53	118	248
Land Development Joint Ventures [Member] | Equity Method Investee [Member] | Equity Method Investment, Nonconsolidated Investee or Group of Investees
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues	$ 2,700,000	$ 20,400,000	$ 10,500,000	$ 116,900,000
Toll Brothers Realty Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	33.30%		33.30%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 0		$ 0
Property Management Fee Revenue			$ 800,000
Gibraltar Land Banking & Development Joint Ventures [Member] [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	25.00%		25.00%
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 20,800,000		$ 20,800,000
Number of Joint Ventures | joint_ventures	6		6
Single Family Build to Rent JV [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 2,900,000		$ 2,900,000
Rental Property Joint Ventures new fiscal 2020 Woburn MA [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Land sales earnings, net			900,000
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 9,100,000		$ 9,100,000
Rental Property Joint Ventures new fiscal 2020 Woburn MA [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	75.00%		75.00%
Land Development Joint Venture new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 24,600,000		$ 24,600,000
Land Development Joint Venture new fiscal 2020 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	50.00%		50.00%
Occupied or Ready for Occupancy [Member] | Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | rental_units	2,000		2,000
Lease up Stage [Member] | Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | rental_units	2,050		2,050
Asset under Construction [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | rental_units	200		200
Asset under Construction [Member] | Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | rental_units	5,000		5,000
In Planning Phase [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Units in Real Estate Property | rental_units	10,650		10,650
Rental Property Joint Ventures new fiscal 2019 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Payments to Acquire and Develop Real Estate				41,900,000
Rental Property Joint Ventures new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Payments to Acquire and Develop Real Estate			$ 73,700,000
Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Real Estate Properties | joint_ventures	5		5
Real Estate Investment Property, at Cost					95,500,000
Variable Interest Entity, Primary Beneficiary [Member] | Rental Joint Ventures, including the Trust [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Number of Real Estate Properties | joint_ventures	5		5
Assets	$ 155,000,000		$ 155,000,000		145,800,000
Noncontrolling Interest in Variable Interest Entity	45,100,000		45,100,000		$ 41,000,000
Land [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues	23,677,000	$ 8,721,000	90,609,000	56,631,000
Land [Member] | Rental Property Joint Ventures new fiscal 2020 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues			39,100,000
Land [Member] | Rental Property Joint Ventures new fiscal 2019 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues				$ 39,800,000
Land [Member] | Rental Property Joint Ventures new fiscal 2020 Woburn MA [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Revenues			19,100,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Land Development Joint Ventures [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	30,300,000		30,300,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Gibraltar Land Banking & Development Joint Ventures [Member] [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	100,000,000		100,000,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Single Family Build to Rent JV [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	60,000,000		60,000,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Venture [Member] | Land Development Joint Venture new fiscal 2020 [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Other Commitment	$ 2,000,000		$ 2,000,000
Minimum [Member] | Rental Property Joint Ventures new fiscal 2020 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	50.00%		50.00%
Minimum [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Rental Property Joint Ventures new fiscal 2019 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	50.00%		50.00%
Maximum [Member] | Rental Property Joint Ventures new fiscal 2020 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	70.00%		70.00%
Maximum [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Rental Property Joint Ventures new fiscal 2019 [Member] | Co-venturer [Member]
Investments in and Advances to Unconsolidated Entities (Textual) [Abstract]
Equity Method Investment, Ownership Percentage	98.00%		98.00%

Investments in Unconsolidated_6

Investments in Unconsolidated Entities (Details Textual 2) $ in Thousands	9 Months Ended
	Jul. 31, 2020USD ($)joint_ventures	Oct. 31, 2019USD ($)joint_ventures
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,809,619
Amounts borrowed under commitments	$ 1,327,675
Number Of Entities That Are Considered Variable Interest Entities | joint_ventures	16	18
Assets	$ 10,537,431	$ 10,828,138
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	412,766	$ 366,252
Other Commitment	58,226
Equity Method Investee [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Fair Value Disclosure	$ 5,700
Number Of Unconsolidated Entities That Are Considered Variable Interest Entities | joint_ventures	11	13
Equity Method Investee [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 44,500	$ 37,000
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	1,470,000
Guarantees, Repayment and Carry Cost, Maximum	216,000
Amounts borrowed under commitments	985,400
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	$ 161,400
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	3 months
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	3.8 years
Indirect Guarantee of Indebtedness [Member] | Equity Method Investee [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Guarantees, Repayment and Carry Cost, Maximum	$ 11,100	76,000
Maximum repapyment and carry cost guarantee obligation for borrowings by JV	8,600	76,000
Guarantor Obligations, Maximum Exposure, Undiscounted	42,000	76,000
Commitment To Advance Or Invest In Affiliates Subsidiaries And Joint Ventures [Member] | Equity Method Investee [Member] | VariableInterestEntityNotPrimaryBeneficiaryAggregatedDisclosureMember [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Other Commitment	$ 11,100	8,300
Rental Joint Ventures, including the Trust [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Number of Real Estate Properties | joint_ventures	5
Rental Joint Ventures, including the Trust [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Statement of Investments in and Advances to Unconsolidated Entities [Line Items]
Number of Real Estate Properties | joint_ventures	5
Assets	$ 155,000	145,800
Noncontrolling Interest in Variable Interest Entity	$ 45,100	$ 41,000

Investments in Unconsolidated_7

Investments in Unconsolidated Entities (Details 3) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Condensed Balance Sheets:
Total assets	$ 10,537,431	$ 10,828,138
Total stockholders' equity	4,675,074	5,071,816
Stockholders' Equity Attributable to Noncontrolling Interest	51,054	46,877
Total liabilities and stockholders' equity	10,537,431	10,828,138
Investments in unconsolidated entities	412,766	366,252
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Balance Sheets:
Cash and cash equivalents	98,313	85,819
Inventory	542,824	579,226
Loans receivable, net	66,779	56,545
Rental properties	1,049,035	1,021,848
Rental properties under development	768,686	535,197
Real estate owned	6,752	12,267
Other assets	167,279	212,761
Total assets	2,699,668	2,503,663
Debt, net of deferred financing costs	1,328,035	1,226,857
Other liabilities	169,440	175,827
Total stockholders' equity	1,201,846	1,100,563
Stockholders' Equity Attributable to Noncontrolling Interest	347	416
Total liabilities and stockholders' equity	2,699,668	2,503,663
Investments in unconsolidated entities	$ 412,766	$ 366,252

Investments in Unconsolidated_8

Investments in Unconsolidated Entities (Details 4) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Condensed Statements of Operations and Comprehensive Income:
Net income	$ 114,761	$ 146,318	$ 247,307	$ 387,692
Income (loss) from equity method investments	(2,566)	7,200	5,304	17,759
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Condensed Statements of Operations and Comprehensive Income:
Revenues	78,897	179,608	291,179	511,226
Cost of Revenue	57,778	154,787	203,127	443,740
Other expenses	27,237	22,674	100,419	64,027
Total expenses	85,015	177,461	303,546	507,767
Gain on disposition of loans and real estate owned	1,053	689	1,053	4,383
Income (loss) from operations	(5,065)	2,836	(11,314)	7,842
Other income	448	29,846	977	31,584
Income (loss) before income taxes	(4,617)	32,682	(10,337)	39,426
Income tax provision	37	201	(111)	596
Net income (loss) including earnings from noncontrolling interests	(4,654)	32,481	(10,226)	38,830
Less: (income) loss attributable to noncontrolling interest	34	(7,521)	34	(9,600)
Net income	(4,620)	24,960	(10,192)	29,230
Income (loss) from equity method investments	$ (2,566)	$ 7,200	$ 5,304	$ 17,759

Receivables, Prepaid Expenses_3

Receivables, Prepaid Expenses, and Other Assets (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Receivables, prepaid expenses and other assets [Line Items]
Assets	$ 10,537,431	$ 10,828,138
Expected recoveries from insurance carriers and others	79,818	114,162
Improvement cost receivable	108,006	100,864
Escrow cash held by our captive title company	25,590	32,863
Property held for rental apartment and commercial development	534,843	367,072
Prepaid expenses	25,475	26,041
Operating Lease, Right-of-Use Asset	106,049	0
Other	88,635	74,439
Receivables, prepaid expenses and other assets	968,416	715,441
Variable Interest Entity, Primary Beneficiary [Member] | Rental Joint Ventures, including the Trust [Member]
Receivables, prepaid expenses and other assets [Line Items]
Assets	$ 155,000	$ 145,800

Loans Payable, Senior Notes a_3

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Debt Instrument [Line Items]
Long-term Line of Credit	$ 1,327,675
Other Loans Payable	284,934	$ 314,577
Loans payable	1,082,025	1,111,449
Oct 2019 Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit	0
Senior unsecured term loan [Member]
Debt Instrument [Line Items]
Unsecured Long-term Debt, Noncurrent	800,000	800,000
Deferred Finance Costs, Net	$ (2,909)	$ (3,128)

Loans Payable, Senior Notes a_4

Loans Payable, Senior Notes and Mortgage Company Loan Facility Term Loan Facility (Details Textual 1) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2020	Oct. 31, 2019
Senior unsecured term loan [Member]
Debt Instrument [Line Items]
Unsecured Long-term Debt, Noncurrent	$ 800,000	$ 800,000
Debt Instrument, Term	5 years
Debt Instrument, Interest Rate at Period End	1.47%
Guarantor Subsidiaries [Member]
Debt Instrument [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	100.00%

Loans Payable, Senior Notes a_5

Loans Payable, Senior Notes and Mortgage Company Loan Facility Credit Facility (Details Textual 2) $ in Thousands	9 Months Ended
	Jul. 31, 2020USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,809,619
Long-term Line of Credit	1,327,675
Oct 2019 Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,905,000
Debt Instrument, Term	5 years
Debt Instrument, Maturity Date	Nov. 1, 2024
Maximum Permissible Leverage Ratio	175.00%
Minimum Net Worth Required for Compliance	$ 2,150,000
Existing Leverage Ratio	0.68
Tangible Net Worth	$ 4,620,000
Ability to repurchase common stock	3,090,000
Ability to pay dividends	2,470,000
Long-term Line of Credit	0
Letters of Credit Outstanding, Amount	$ 129,300
Debt Instrument, Interest Rate at Period End	1.50%
Guarantor Subsidiaries [Member]
Line of Credit Facility [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	100.00%

Loans Payable, Senior Notes a_6

Loans Payable, Senior Notes and Mortgage Company Loan Facility Loans Payable - Other (Details Textual 3)	Jul. 31, 2020
Loans Payable [Member]
Debt Instrument [Line Items]
Debt, Weighted Average Interest Rate	4.48%

Loans Payable, Senior Notes a_7

Loans Payable, Senior Notes and Mortgage Company Loan Facility Senior Notes Payable (Details Textual 4) $ in Millions	Jul. 31, 2020USD ($)debtissuances
Senior Note Payable (Textual) [Abstract]
Number of issuances of senior debt | debtissuances	7
Senior Notes [Member]
Senior Note Payable (Textual) [Abstract]
Debt Instrument, Face Amount | $	$ 2,670

Loans Payable, Senior Notes a_8

Loans Payable, Senior Notes and Mortgage Company Loan Facility Mortgage Company Loan Facility (Details Textual 5) $ in Thousands	9 Months Ended
	Jul. 31, 2020USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,809,619
Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Current Borrowing Capacity	75,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000
Debt Instrument, Maturity Date	Dec. 4, 2020
Debt Instrument, Interest Rate, Effective Percentage	2.06%
London Interbank Offered Rate (LIBOR) [Member] | Warehouse Agreement Borrowings [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.90%

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Oct. 31, 2018
Accrued expenses
Land, land development and construction	$ 184,805		$ 192,658
Compensation and employee benefits	184,024		183,592
Escrow liability	23,919		31,587
Self-insurance	198,638		193,405
Warranty	158,399	$ 157,154	201,886	$ 208,919	$ 223,655	$ 258,831
Operating Lease, Liability	125,231		0
Deferred income	35,427		51,678
Interest	45,854		31,307
Commitments to unconsolidated entities	8,499		9,283
Other	50,026		55,536
Accrued expenses, Total	$ 1,014,822		$ 950,932

Accrued Expenses (Detail Textua

Accrued Expenses (Detail Textuals) - USD ($) $ in Thousands	3 Months Ended	45 Months Ended
	Jul. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Oct. 31, 2018	Oct. 31, 2016
Loss Contingencies [Line Items]
Standard and Extended Product Warranty Accrual	$ 158,399	$ 158,399	$ 157,154	$ 201,886	$ 208,919	$ 223,655	$ 258,831
Loss Contingency, Receivable	79,818	79,818		114,162
Water intrusion related [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	324,400	324,400						$ 324,400
Standard and Extended Product Warranty Accrual	81,400	81,400		124,600
Water intrusion related [Member] | Warranty Obligations
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	24,400	24,400
Other Assets [Member] | Water intrusion related [Member]
Loss Contingencies [Line Items]
Product Liability Contingency, Third Party Recovery		152,600
Loss Contingency, Receivable	69,100	$ 69,100		$ 97,900
Other Assets [Member] | Water intrusion related [Member] | Warranty Obligations
Loss Contingencies [Line Items]
Product Liability Contingency, Third Party Recovery	$ 24,400

Accrued Expenses (Details 1)

Accrued Expenses (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Changes in the warranty accrual
Balance, beginning of year	$ 157,154	$ 223,655	$ 201,886	$ 258,831
Additions - homes closed during the period	8,975	8,817	23,252	23,771
Standard Product Warranty Accrual, Additions from Business Acquisition		425	60	425
Charges incurred	(9,880)	(25,540)	(48,129)	(75,942)
Balance, end of year	158,399	208,919	158,399	208,919
Warranty Obligations
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior years			(24,400)
Warranty change, homes closed in prior period, other [Member]
Changes in the warranty accrual
Increase (decrease) to accruals for homes closed in prior years	$ 2,150	$ 1,562	$ 5,730	$ 1,834

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Income Taxes (Textual) [Abstract]
Income tax provision	$ 37,104	$ 40,598	$ 72,603	$ 126,829
Effective Income Tax Rate Reconciliation, Percent	24.40%	21.70%	22.70%	24.60%
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount			$ 7,800
Unrecognized Tax Benefits	$ 8,400		$ 8,400
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range Not Possible			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.
State and Local Jurisdiction [Member]
Income Taxes (Textual) [Abstract]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent			5.30%	6.10%

Stock-Based Benefit Plans (Deta

Stock-Based Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense recognized	$ 3,834	$ 5,435	$ 20,636	$ 19,351
Income tax benefit recognized	$ 891	$ 1,395	$ 5,169	$ 5,047

Stock-Based Benefit Plans (De_2

Stock-Based Benefit Plans (Details Textual) - USD ($) $ in Millions	Jul. 31, 2020	Oct. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized value of outstanding stock-based compensation awards	$ 19.8	$ 18.7

Stock Repurchase Program and _3

Stock Repurchase Program and Cash Dividend (Details) - $ / shares shares in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Stock Repurchase Program [Abstract]
Number of shares purchased	10	3,979	15,948	4,767
Average price per share	$ 32.81	$ 35.74	$ 39.75	$ 35.13
Remaining authorization at July 31:	19,988	15,805	19,988	15,805

Stock Repurchase Program and _4

Stock Repurchase Program and Cash Dividend (Details Textual) - shares shares in Millions	Dec. 19, 2019	Dec. 12, 2018
December 2018 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased		20
December 2019 Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	20

Stock Repurchase Program and _5

Stock Repurchase Program and Cash Dividend (Details Textual 1) - $ / shares	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Stock Repurchase Program and Cash Dividend [Abstract]
Common Stock, Dividends, Per Share, Declared and Paid	$ 0.11	$ 0.11	$ 0.33	$ 0.33

Earnings Per Share Informatio_2

Earnings Per Share Information (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Earnings Per Share [Abstract]
Net income as reported	$ 114,761	$ 146,318	$ 247,307	$ 387,692
Basic weighted-average shares	126,722	144,750	131,024	146,041
Common stock equivalents	677	1,525	1,008	1,438
Diluted weighted-average shares	127,399	146,275	132,032	147,479
Debt Instrument [Line Items]
Shares issued under stock incentive and employee stock purchase plans	342	205	950	860
Restricted Stock Units RSU And Employee Stock Option Member [Member]
Debt Instrument [Line Items]
Weighted-average number of antidilutive options and restricted stock units	3,640	754	2,761	1,378

Fair Value Disclosures (Level 4

Fair Value Disclosures (Level 4 FV of Fin Instr) (Details) - Fair Value, Recurring [Member] - Level 2 [Member] - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Forward Contracts [Member] | Residential Mortgage [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Liability	$ (1,552)
Derivative Asset		$ 298
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	161,540	218,777
Interest Rate Lock Commitments [Member] | Forward Contracts [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Liability	(3,964)	(964)
Interest Rate Lock Commitments [Member]
Summary of assets and (liabilities), measured at fair value on a recurring basis
Derivative Asset	$ 3,964	$ 964

Fair Value Disclosures (Level_2

Fair Value Disclosures (Level 4 loan UPB vs FV) (Details 1) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Aggregate unpaid principal and fair value of mortgage loans held for sale
Mortgage Loans on Real Estate, Commercial and Consumer, Net	$ 161,540	$ 218,777
Fair Value, 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	157,237	216,280
Mortgage Loans on Real Estate, Commercial and Consumer, Net	161,540	218,777
Fair Value, Option, Aggregate Differences, Loans and Long-term Receivables	$ 4,303	$ 2,497

Fair Value Disclosures (Level_3

Fair Value Disclosures (Level 4 Inv Impair inputs) (Details 2) - Operating communities [Member] $ in Thousands	3 Months Ended
	Jul. 31, 2020USD ($)Homes_sold	Apr. 30, 2020USD ($)Homes_sold	Jan. 31, 2020USD ($)Homes_sold	Oct. 31, 2019USD ($)	Jul. 31, 2019USD ($)	Apr. 30, 2019USD ($)	Jan. 31, 2019USD ($)
Minimum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price		$ 613		$ 478	$ 530	$ 372	$ 836
Sales Pace (in ones)		9		2	2	2	2
Fair Value Inputs, Discount Rate		14.30%		13.80%	7.80%	12.00%	12.50%
Maximum [Member]
Fair value inputs, assets, quantitative information [Line Items]
Average selling price		$ 789		$ 857	$ 1,113	$ 1,915	$ 13,495
Sales Pace (in ones)		9		5	9	19	12
Fair Value Inputs, Discount Rate		14.30%		14.50%	13.00%	26.00%	15.80%

Fair Value Disclosures (Level_4

Fair Value Disclosures (Level 4 inventory fv) (Details 3) $ in Thousands	3 Months Ended							9 Months Ended		12 Months Ended
	Jul. 31, 2020USD ($)	Apr. 30, 2020USD ($)	Jan. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Jul. 31, 2019USD ($)	Apr. 30, 2019USD ($)	Jan. 31, 2019USD ($)	Jul. 31, 2020USD ($)	Jul. 31, 2019USD ($)	Oct. 31, 2019USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	$ 6,690				$ 4,679			$ 21,934	$ 31,636
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revenues	$ 78,897				$ 179,608			291,179	511,226
Operating communities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down								300		$ 31,075
Fair Value, 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)	66	80	65	71	69	64	49
Number of Communities Impaired (in ones)	0	1	0	7	3	6	5
Fair Value Of Communities Net Of Impairment Charges	$ 0	$ 2,754	$ 0	$ 18,910	$ 5,436	$ 36,159	$ 37,282	0	5,436	$ 18,910
Inventory Write-down	0	$ 300	$ 0	$ 6,695	1,100	$ 17,495	$ 5,785
City Living [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down					0				4,800
North [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	1,106				212			1,478	17,860
South [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	630				3,072			2,619	7,418
Mid-Atlantic [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	4,783				1,277			15,449	1,380
Pacific [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Inventory Write-down	$ 4				$ 31			$ 1,961	$ 76

Fair Value Disclosures (Level_5

Fair Value Disclosures (Level 4 debt fv) (Details 4) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	$ 3,876,999	$ 3,934,453
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	1,084,934	1,114,577
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	122,189	150,000
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	2,669,876	2,669,876
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	4,085,954	4,085,083
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Loans Payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	1,084,580	1,112,040
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	122,189	150,000
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	$ 2,879,185	$ 2,823,043

Other Income - Net (Details)

Other Income - Net (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Other Nonoperating Income By Component [Line Items]
Interest income	$ 869	$ 3,770		$ 7,667	$ 13,980
Income from Ancillary Businesses	1,548	3,536		16,652	21,622
Management fee income from home building unconsolidated entities, net	1,651,489	1,765,691		4,531,992	4,844,966
Interest Expense, Debt	0	0		(2,440)	0
Other	(46)	(232)		(930)	(1,109)
Total other income - net	4,786	8,721		24,917	40,867
Revenues and expenses of non-core ancillary businesses
Revenue	27,434	37,541		81,276	102,670
Expense	25,886	34,005		77,594	94,379
Gain (Loss) on Disposition of Business	0	0	$ 12,200	12,970	13,331
Management Fee [Member]
Other Nonoperating Income By Component [Line Items]
Management fee income from home building unconsolidated entities, net	$ 2,415	$ 1,647		$ 3,968	$ 6,374

Other Income - Net (Details Tex

Other Income - Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses, net	$ 1,548	$ 3,536		$ 16,652	$ 21,622
Proceeds from sale of golf club property			$ 18,200	15,617	33,539
Gain (Loss) on Disposition of Business	0	0	$ 12,200	12,970	13,331
Recognition of previously deferred gain				3,800
Golf Club Properties [Member]
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of golf club property				15,600
Gain (Loss) on Disposition of Business				9,100
Apartment living [Member]
Schedule of Equity Method Investments [Line Items]
Income from Ancillary Businesses, net	$ 3,600	$ 2,100		$ 10,900	$ 6,800

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Company's land purchase commitments
Purchase Obligation	$ 2,640,978	$ 2,360,726
Land Purchase Commitment To Unrelated Party [Member]
Company's land purchase commitments
Purchase Obligation	2,635,746	2,349,900
Land Purchase Commitment To JV [Member]
Company's land purchase commitments
Purchase Obligation	5,232	10,826
Land Parcel Purchase Commitment [Member]
Company's land purchase commitments
Deposits against Aggregate Purchase Commitments	185,050	168,778
Additional cash required to acquire land	2,455,928	2,191,948
Amount of Additional Cash Required to Acquire Land Included in Accrued Expenses	$ 16,044	$ 14,620

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual) $ in Thousands	Jul. 31, 2020USD ($)home_sites	Oct. 31, 2019USD ($)
Long-term Purchase Commitment [Line Items]
Purchase Obligation	$ 2,640,978	$ 2,360,726
Land for Apartment Development Purchase Commitment [Member]
Long-term Purchase Commitment [Line Items]
Purchase Obligation	109,400
Deposits against Aggregate Purchase Commitments	$ 6,200
Land Development Joint Ventures [Member] | Commitment To Acquire Home Sites [Member]
Long-term Purchase Commitment [Line Items]
Unrecorded Unconditional Purchase Obligation, Maximum Quantity | home_sites	2,200

Commitments and Contingencies_4

Commitments and Contingencies (Details Textual 1) $ in Millions	Jul. 31, 2020USD ($)luxury_homes
Backlog Information [Abstract]
Number of homes to be delivered (in ones) | luxury_homes	7,239
Aggregate sales value of outstanding homes to be delivered	$ 6,090
Oct 2019 Revolving Credit Facility [Member]
Loss Contingencies [Line Items]
Outstanding letter of credit	129.3
Surety Bond Construction Improvements [Member]
Loss Contingencies [Line Items]
Outstanding Surety Bonds Amount	795
Amount of work remains on improvements in the Company's various communities	386.1
Surety Bond Other Obligations [Member]
Loss Contingencies [Line Items]
Additional outstanding surety bonds	$ 178.9

Commitments and Contingencies_5

Commitments and Contingencies (Details 1) - Loan Origination Commitments [Member] - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Company's mortgage commitments
Unused Commitments to Extend Credit	$ 2,384,226	$ 1,930,606
Investor commitments to purchase	807,041	774,225
Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	655,587	565,634
Investor commitments to purchase	655,587	565,634
Non Interest Rate Lock Commitments [Member]
Company's mortgage commitments
Unused Commitments to Extend Credit	1,728,639	1,364,972
Mortgage Receivable [Member]
Company's mortgage commitments
Investor commitments to purchase	$ 151,454	$ 208,591

Commitments and Contingencies_6

Commitments and Contingencies (Details Textuals 2) - USD ($)	3 Months Ended	9 Months Ended
	Jul. 31, 2020	Jul. 31, 2020	Nov. 01, 2019	Oct. 31, 2019
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	$ 106,049,000	$ 106,049,000		$ 0
Operating Lease, Liability	125,231,000	125,231,000		$ 0
Operating Lease, Payments	4,200,000	12,300,000
Lease, Cost	6,100,000	18,900,000
Variable Lease, Cost	700,000	2,200,000
Short-term Lease, Cost	$ 1,000,000	$ 3,000,000
Operating Lease, Weighted Average Remaining Lease Term	9 years	9 years
Operating Lease, Weighted Average Discount Rate, Percent	4.10%	4.10%
Accounting Standards Update 2016-02 [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	$ 106,000,000	$ 106,000,000	$ 114,500,000
Operating Lease, Liability			$ 118,500,000
Land [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Weighted Average Remaining Lease Term	94 years 1 month 6 days	94 years 1 month 6 days
Operating Lease, Weighted Average Discount Rate, Percent	4.50%	4.50%

Commitments and Contingencies_7

Commitments and Contingencies (Details 3) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Operating Leases, Future Minimum Payments, Remainder of Fiscal Year	$ 4,231
Lessee, Operating Lease, Liability, Payments, Due Year Two	19,306
Lessee, Operating Lease, Liability, Payments, Due Year Three	17,446
Lessee, Operating Lease, Liability, Payments, Due Year Four	15,027
Lessee, Operating Lease, Liability, Payments, Due Year Five	12,474
Lessee, Operating Lease, Liability, Payments, Due after Year Five	213,702
Lessee, Operating Lease, Liability, Payments, Due	282,186
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	156,955
Operating Lease, Liability	$ 125,231	$ 0

Information on Segments (Detail

Information on Segments (Details Textual)	9 Months Ended
	Jul. 31, 2020joint_ventures
Information on Segments [Abstract]
Number of Segments	2
Number of Geographic Segments	5

Information on Segments (Deta_2

Information on Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Oct. 31, 2019
Revenues
Revenues	$ 1,651,489	$ 1,765,691	$ 4,531,992	$ 4,844,966
Income (loss) before income taxes
Income before income taxes	151,865	186,916	319,910	514,521
Total assets
Total assets	10,537,431		10,537,431		$ 10,828,138
Inventory Write-down	6,690	4,679	21,934	31,636
North [Member]
Revenues
Revenues	290,399	360,008	840,481	976,616
Income (loss) before income taxes
Income before income taxes	13,722	25,126	33,249	47,483
Total assets
Total assets	1,526,703		1,526,703		1,487,012
Inventory Write-down	1,106	212	1,478	17,860
Mid-Atlantic [Member]
Revenues
Revenues	201,279	213,716	556,655	522,703
Income (loss) before income taxes
Income before income taxes	13,356	11,968	20,189	29,571
Total assets
Total assets	946,295		946,295		854,470
Inventory Write-down	4,783	1,277	15,449	1,380
South [Member]
Revenues
Revenues	276,319	243,420	690,809	663,109
Income (loss) before income taxes
Income before income taxes	32,422	24,397	61,612	68,711
Total assets
Total assets	1,232,172		1,232,172		1,165,974
Inventory Write-down	630	3,072	2,619	7,418
Mountain [Member]
Revenues
Revenues	425,400	292,693	1,026,000	804,901
Income (loss) before income taxes
Income before income taxes	53,099	32,192	103,883	85,172
Total assets
Total assets	1,961,496		1,961,496		1,769,649
Inventory Write-down	167	87	427	102
Pacific [Member]
Revenues
Revenues	406,424	573,492	1,225,072	1,597,157
Income (loss) before income taxes
Income before income taxes	76,808	121,798	207,867	336,412
Total assets
Total assets	2,475,221		2,475,221		2,627,417
Inventory Write-down	4	31	1,961	76
Traditional Homebuilding [Member]
Revenues
Revenues	1,599,821	1,683,329	4,339,017	4,564,486
Income (loss) before income taxes
Income before income taxes	189,407	215,481	426,800	567,349
Total assets
Total assets	8,141,887		8,141,887		7,904,522
Inventory Write-down	6,690	4,679	21,934	26,836
City Living [Member]
Revenues
Revenues	26,366	71,892	102,973	224,560
Income (loss) before income taxes
Income before income taxes	9,543	19,185	27,789	59,661
Total assets
Total assets	537,855		537,855		529,507
Inventory Write-down		0		4,800
Corporate and other [Member]
Revenues
Revenues	1,625	1,749	(607)	(711)
Income (loss) before income taxes
Income before income taxes	(47,085)	(47,750)	(134,679)	(112,489)
Total assets
Total assets	1,857,689		1,857,689		$ 2,394,109
Home Building [Member]
Revenues
Revenues	1,627,812	1,756,970	4,441,383	4,788,335
Land [Member]
Revenues
Revenues	$ 23,677	$ 8,721	$ 90,609	$ 56,631

Supplemental Guarantor Inform_3

Supplemental Guarantor Information (Level 4 Senior Note table) (Details) - USD ($) $ in Thousands	Jul. 31, 2020	Oct. 31, 2019
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 2,661,301	$ 2,659,898
Senior Notes Due 2022 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 419,876
Interest rate on notes	5.875%
Senior Notes Due 2023 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 400,000
Interest rate on notes	4.375%
Senior Notes Due 2024 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 250,000
Interest rate on notes	5.625%
4.875% Senior Notes Due 2025 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 350,000
Interest rate on notes	4.875%
4.875% Senior Notes Due 2027 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 450,000
Interest rate on notes	4.875%
4.350% Senior Notes Due 2028 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 400,000
Interest rate on notes	4.35%
3.80% Senior Notes Due 2029 [Member]
Supplemental Guarantor Information (Textual) [Abstract]
Senior notes	$ 400,000
Interest rate on notes	3.80%

Supplemental Guarantor Inform_4

Supplemental Guarantor Information (Level 4 BS) (Details 1) - USD ($) $ in Thousands	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Oct. 31, 2018
ASSETS
Cash and cash equivalents	$ 559,348		$ 1,286,014	$ 836,258
Inventory	8,034,515		7,873,048
Property, construction and office equipment, net	313,513		273,412
Receivables, prepaid expenses and other assets	968,416		715,441
Mortgage loans held for sale, at fair value	161,540		218,777
Customer deposits held in escrow	78,094		74,403
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	412,766		366,252
Investments in and advances to consolidated entities	0		0
Income Taxes Receivable	9,239		20,791
Total assets	10,537,431		10,828,138
Liabilities:
Loans payable	1,082,025		1,111,449
Senior notes	2,661,301		2,659,898
Mortgage company loan facility	122,189		150,000
Customer deposits	437,008		385,596
Accounts payable	375,900		348,599
Accrued expenses	1,014,822		950,932
Advances from Affiliiate	0		0
Income taxes payable	118,058		102,971
Total liabilities	5,811,303		5,709,445
Equity:
Common stock	1,529		1,529
Additional paid-in capital	722,115		726,879
Retained earnings	4,978,832		4,774,422
Treasury stock, at cost	(1,022,406)		(425,183)
Accumulated other comprehensive income	(4,996)		(5,831)
Total stockholders' equity	4,675,074		5,071,816
Noncontrolling interest	51,054		46,877
Total equity	4,726,128	$ 4,613,722	5,118,693	$ 4,984,457	$ 4,986,240	$ 4,768,912
Total liabilities and stockholders' equity	10,537,431		10,828,138
Toll Brothers Inc. [Member]
ASSETS
Cash and cash equivalents	0		0
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses and other assets	5,412
Mortgage loans held for sale, at fair value
Customer deposits held in escrow
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures
Investments in and advances to consolidated entities	4,803,019		5,172,737
Income Taxes Receivable	9,239		20,791
Total assets	4,817,670		5,193,528
Liabilities:
Loans payable
Senior notes
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	6,551		754
Advances from Affiliiate
Income taxes payable	118,058		102,971
Total liabilities	124,609		103,725
Equity:
Common stock	1,529		1,529
Additional paid-in capital	722,115		726,879
Retained earnings	4,996,819		4,792,409
Treasury stock, at cost	(1,022,406)		(425,183)
Accumulated other comprehensive income	(4,996)		(5,831)
Total stockholders' equity	4,693,061		5,089,803
Noncontrolling interest
Total equity	4,693,061		5,089,803
Total liabilities and stockholders' equity	4,817,670		5,193,528
Subsidiary Issuer [Member]
ASSETS
Cash and cash equivalents	0		0
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses and other assets
Mortgage loans held for sale, at fair value
Customer deposits held in escrow
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures
Investments in and advances to consolidated entities	2,719,647		2,704,551
Income Taxes Receivable
Total assets	2,719,647		2,704,551
Liabilities:
Loans payable
Senior notes	2,661,301		2,659,898
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	40,505		26,812
Advances from Affiliiate
Income taxes payable
Total liabilities	2,701,806		2,686,710
Equity:
Common stock
Additional paid-in capital	49,400		49,400
Retained earnings	(31,559)		(31,559)
Treasury stock, at cost
Accumulated other comprehensive income
Total stockholders' equity	17,841		17,841
Noncontrolling interest
Total equity	17,841		17,841
Total liabilities and stockholders' equity	2,719,647		2,704,551
Guarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	434,550		1,082,067
Inventory	7,941,516		7,791,759
Property, construction and office equipment, net	311,670		263,140
Receivables, prepaid expenses and other assets	266,760		224,681
Mortgage loans held for sale, at fair value
Customer deposits held in escrow	77,678		74,303
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	44,524		50,594
Investments in and advances to consolidated entities	185,516		163,371
Income Taxes Receivable
Total assets	9,262,214		9,649,915
Liabilities:
Loans payable	1,082,262		1,109,614
Senior notes
Mortgage company loan facility
Customer deposits	435,281		383,583
Accounts payable	375,859		347,715
Accrued expenses	600,656		569,476
Advances from Affiliiate	328,899		1,052,370
Income taxes payable
Total liabilities	2,822,957		3,462,758
Equity:
Common stock	48		48
Additional paid-in capital
Retained earnings	6,439,209		6,187,109
Treasury stock, at cost
Accumulated other comprehensive income
Total stockholders' equity	6,439,257		6,187,157
Noncontrolling interest
Total equity	6,439,257		6,187,157
Total liabilities and stockholders' equity	9,262,214		9,649,915
Nonguarantor Subsidiaries [Member]
ASSETS
Cash and cash equivalents	124,798		203,947
Inventory	92,999		81,289
Property, construction and office equipment, net	1,843		10,272
Receivables, prepaid expenses and other assets	776,158		610,541
Mortgage loans held for sale, at fair value	161,540		218,777
Customer deposits held in escrow	416		100
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	368,242		315,658
Investments in and advances to consolidated entities	206,698		147,413
Income Taxes Receivable
Total assets	1,732,694		1,587,997
Liabilities:
Loans payable	34,020		36,092
Senior notes
Mortgage company loan facility	122,189		150,000
Customer deposits	1,727		2,013
Accounts payable	41		884
Accrued expenses	417,937		443,180
Advances from Affiliiate	666,132		503,058
Income taxes payable
Total liabilities	1,242,046		1,135,227
Equity:
Common stock	3,006		3,006
Additional paid-in capital	199,034		177,034
Retained earnings	237,554		225,853
Treasury stock, at cost
Accumulated other comprehensive income
Total stockholders' equity	439,594		405,893
Noncontrolling interest	51,054		46,877
Total equity	490,648		452,770
Total liabilities and stockholders' equity	1,732,694		1,587,997
Eliminations [Member]
ASSETS
Cash and cash equivalents	0		0
Inventory
Property, construction and office equipment, net
Receivables, prepaid expenses and other assets	(79,914)		(119,781)
Mortgage loans held for sale, at fair value
Customer deposits held in escrow
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures
Investments in and advances to consolidated entities	(7,914,880)		(8,188,072)
Income Taxes Receivable
Total assets	(7,994,794)		(8,307,853)
Liabilities:
Loans payable	(34,257)		(34,257)
Senior notes
Mortgage company loan facility
Customer deposits
Accounts payable
Accrued expenses	(50,827)		(89,290)
Advances from Affiliiate	(995,031)		(1,555,428)
Income taxes payable
Total liabilities	(1,080,115)		(1,678,975)
Equity:
Common stock	(3,054)		(3,054)
Additional paid-in capital	(248,434)		(226,434)
Retained earnings	(6,663,191)		(6,399,390)
Treasury stock, at cost
Accumulated other comprehensive income
Total stockholders' equity	(6,914,679)		(6,628,878)
Noncontrolling interest
Total equity	(6,914,679)		(6,628,878)
Total liabilities and stockholders' equity	$ (7,994,794)		$ (8,307,853)

Supplemental Guarantor Inform_5

Supplemental Guarantor Information (Level 4 IS) (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Supplemental Condensed Consolidating Statement of Operations
Revenues	$ 1,651,489	$ 1,765,691	$ 4,531,992	$ 4,844,966
Cost of revenues	1,341,195	1,407,987	3,710,484	3,861,753
Selling, general and administrative	160,649	186,709	531,819	527,318
Income (loss) from operations	149,645	170,995	289,689	455,895
Other [Abstract]
Income (loss) from equity method investments	(2,566)	7,200	5,304	17,759
Other income - net	4,786	8,721	24,917	40,867
Intercompany interest income	0	0	0	0
Interest Expense	0	0	0	0
Income from subsidiaries	0	0	0	0
Income (loss) before income taxes	151,865	186,916	319,910	514,521
Income tax provision	37,104	40,598	72,603	126,829
Net income (loss)	114,761	146,318	247,307	387,692
Other Comprehensive Income (Loss), Net of Tax	279	56	835	168
Comprehensive Income (loss), Net of Tax, Attributable to Parent	115,040	146,374	248,142	387,860
Toll Brothers Inc. [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	0	0	0	0
Cost of revenues	0	0	0	0
Selling, general and administrative	100		200	491
Income (loss) from operations	(100)	0	(200)	(491)
Other [Abstract]
Income (loss) from equity method investments
Other income - net
Intercompany interest income
Interest Expense
Income from subsidiaries	151,965	186,916	320,111	515,012
Income (loss) before income taxes	151,865	186,916	319,911	514,521
Income tax provision	37,104	40,598	72,603	126,829
Net income (loss)	114,761	146,318	247,308	387,692
Other Comprehensive Income (Loss), Net of Tax	279	56	835	168
Comprehensive Income (loss), Net of Tax, Attributable to Parent	115,040	146,374	248,143	387,860
Subsidiary Issuer [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	0	0	0	0
Cost of revenues	0	0	0	0
Selling, general and administrative	17	627	53	2,022
Income (loss) from operations	(17)	(627)	(53)	(2,022)
Other [Abstract]
Income (loss) from equity method investments
Other income - net
Intercompany interest income	32,438	32,849	98,080	99,853
Interest Expense	(32,421)	(32,222)	(98,027)	(97,831)
Income from subsidiaries
Income (loss) before income taxes	0	0	0	0
Income tax provision
Net income (loss)	0	0	0	0
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	0	0	0	0
Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	1,640,329	1,762,030	4,483,228	4,760,174
Cost of revenues	1,329,151	1,394,379	3,657,142	3,768,144
Selling, general and administrative	169,550	197,722	554,591	552,772
Income (loss) from operations	141,628	169,929	271,495	439,258
Other [Abstract]
Income (loss) from equity method investments	(126)	245	14,589	8,786
Other income - net	2,651	3,731	16,719	15,986
Intercompany interest income	1,609	882	4,539	1,752
Interest Expense	(1,327)	(1,802)	(4,129)	(4,782)
Income from subsidiaries	7,529	13,931	22,898	54,012
Income (loss) before income taxes	151,964	186,916	326,111	515,012
Income tax provision	37,222	40,596	74,010	126,951
Net income (loss)	114,742	146,320	252,101	388,061
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	114,742	146,320	252,101	388,061
Nonguarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	58,423	54,128	185,988	225,786
Cost of revenues	35,712	30,037	118,085	143,803
Selling, general and administrative	12,837	19,251	45,828	55,346
Income (loss) from operations	9,874	4,840	22,075	26,637
Other [Abstract]
Income (loss) from equity method investments	(2,440)	6,955	(9,285)	8,973
Other income - net	682	1,271	11,158	15,521
Intercompany interest income	1,218	1,802	4,020	4,782
Interest Expense	(1,805)	(937)	(5,071)	(1,901)
Income from subsidiaries
Income (loss) before income taxes	7,529	13,931	22,897	54,012
Income tax provision	1,951	2,764	5,197	13,313
Net income (loss)	5,578	11,167	17,700	40,699
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	5,578	11,167	17,700	40,699
Eliminations [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	(47,263)	(50,467)	(137,224)	(140,994)
Cost of revenues	(23,668)	(16,429)	(64,743)	(50,194)
Selling, general and administrative	(21,855)	(30,891)	(68,853)	(83,313)
Income (loss) from operations	(1,740)	(3,147)	(3,628)	(7,487)
Other [Abstract]
Income (loss) from equity method investments
Other income - net	1,453	3,719	(2,960)	9,360
Intercompany interest income	(35,265)	(35,533)	(106,639)	(106,387)
Interest Expense	35,553	34,961	107,227	104,514
Income from subsidiaries	(159,494)	(200,847)	(343,009)	(569,024)
Income (loss) before income taxes	(159,493)	(200,847)	(349,009)	(569,024)
Income tax provision	(39,173)	(43,360)	(79,207)	(140,264)
Net income (loss)	(120,320)	(157,487)	(269,802)	(428,760)
Other Comprehensive Income (Loss), Net of Tax
Comprehensive Income (loss), Net of Tax, Attributable to Parent	(120,320)	(157,487)	(269,802)	(428,760)
Home Building [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	1,627,812	1,756,970	4,441,383	4,788,335
Cost of revenues	1,318,936	1,401,755	3,629,525	3,818,347
Home Building [Member] | Toll Brothers Inc. [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Home Building [Member] | Subsidiary Issuer [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Home Building [Member] | Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	1,616,151	1,740,111	4,415,086	4,707,462
Cost of revenues	1,311,978	1,387,423	3,613,839	3,753,209
Home Building [Member] | Nonguarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	11,661	16,859	26,297	80,873
Cost of revenues	9,431	13,432	20,717	64,397
Home Building [Member] | Eliminations [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues	(2,473)	900	(5,031)	741
Land [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	23,677	8,721	90,609	56,631
Cost of revenues	22,259	6,232	80,959	43,406
Land [Member] | Toll Brothers Inc. [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Land [Member] | Subsidiary Issuer [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues
Cost of revenues
Land [Member] | Guarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	24,178	21,919	68,142	52,712
Cost of revenues	17,173	6,956	43,303	14,935
Land [Member] | Nonguarantor Subsidiaries [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	46,762	37,269	159,691	144,913
Cost of revenues	26,281	16,605	97,368	79,406
Land [Member] | Eliminations [Member]
Supplemental Condensed Consolidating Statement of Operations
Revenues	(47,263)	(50,467)	(137,224)	(140,994)
Cost of revenues	$ (21,195)	$ (17,329)	$ (59,712)	$ (50,935)

Supplemental Guarantor Inform_6

Supplemental Guarantor Information (Level 4 CF) (Details 3) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jan. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Oct. 31, 2019	Oct. 31, 2018
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		$ 141,595	$ 22,461
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net		(75,001)	(61,278)
Investments in and advances to unconsolidated entities		(47,310)	(43,260)
Return of investments in unconsolidated entities		42,639	112,373
Investment in distressed loans and foreclosed real estate		(866)	(602)
Return of investments in distressed loans and foreclosed real estate		1,751	1,649
Acquisition of a business		(60,349)	(92,840)
Proceeds from sale of golf club property	$ 18,200	15,617	33,539
Investments paid intercompany	$ 0	0
Intercompany investing advances (to) from consolidated entities		0	0
Net cash provided by (used in) investing activities		(123,519)	(50,419)
Cash flow provided by (used in) financing activities:
Proceeds from loans payable		3,250,010	1,940,998
Debt issuance costs for loans payable			(1,948)
Repayments of Notes Payable		(3,334,431)	(1,696,827)
Repayments of Senior Debt			(350,000)
(Payments) proceeds from stock-based benefit plans		11,252	5,441
Purchase of treasury stock		(633,873)	(167,474)
Dividends paid		(42,650)	(48,140)
Proceeds from (Payments to) Noncontrolling Interests		(1,935)	49
Dividend paid - intercompany		0
Investment received intercompany		0	0
Intercompany financing advances (to) from consolidated entities		0	0
Net cash provided by (used in) financing activities		(751,627)	(317,901)
Net increase (decrease) in cash and cash equivalents		(733,551)	(345,859)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		586,092	837,080	$ 1,319,643	$ 1,182,939
Parent Company [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		44,865	39,943
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Investments 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
Acquisition of a business
Proceeds from sale of golf club property
Investments paid intercompany
Intercompany investing advances (to) from consolidated entities		620,406	170,230
Net cash provided by (used in) investing activities		620,406	170,230
Cash flow provided by (used in) financing activities:
Proceeds from loans payable
Debt issuance costs for loans payable
Repayments of Notes Payable
Repayments of Senior Debt
(Payments) proceeds from stock-based benefit plans		11,252	5,441
Purchase of treasury stock		(633,873)	(167,474)
Dividends paid		(42,650)	(48,140)
Proceeds from (Payments to) Noncontrolling Interests
Dividend paid - intercompany
Investment received intercompany
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities		(665,271)	(210,173)
Net increase (decrease) in cash and cash equivalents		0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		0	0	0	0
Subsidiary Issuer [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		15,106	5,214
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Investments 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
Acquisition of a business
Proceeds from sale of golf club property
Investments paid intercompany
Intercompany investing advances (to) from consolidated entities		(15,106)	344,786
Net cash provided by (used in) investing activities		(15,106)	344,786
Cash flow provided by (used in) financing activities:
Proceeds from loans payable
Debt issuance costs for loans payable
Repayments of Notes Payable
Repayments of Senior Debt			(350,000)
(Payments) proceeds from stock-based benefit plans
Purchase of treasury stock
Dividends paid
Proceeds from (Payments to) Noncontrolling Interests
Dividend paid - intercompany
Investment received intercompany
Intercompany financing advances (to) from consolidated entities
Net cash provided by (used in) financing activities		0	(350,000)
Net increase (decrease) in cash and cash equivalents		0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		0	0	0	0
Guarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		267,618	197,142
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net		(74,769)	(61,847)
Investments in and advances to unconsolidated entities		(697)	(3,256)
Return of investments in unconsolidated entities		9,507	1,350
Investment in distressed loans and foreclosed real estate
Return of investments in distressed loans and foreclosed real estate
Acquisition of a business		(60,349)	(92,840)
Proceeds from sale of golf club property			15,319
Investments paid intercompany		(85,631)	(71,628)
Intercompany investing advances (to) from consolidated entities
Net cash provided by (used in) investing activities		(211,939)	(212,902)
Cash flow provided by (used in) financing activities:
Proceeds from loans payable		1,424,770	300,000
Debt issuance costs for loans payable			(1,948)
Repayments of Notes Payable		(1,479,520)	(55,829)
Repayments of Senior Debt
(Payments) proceeds from stock-based benefit plans
Purchase of treasury stock
Dividends paid
Proceeds from (Payments to) Noncontrolling Interests
Dividend paid - intercompany
Investment received intercompany
Intercompany financing advances (to) from consolidated entities		(648,276)	(598,468)
Net cash provided by (used in) financing activities		(703,026)	(356,245)
Net increase (decrease) in cash and cash equivalents		(647,347)	(372,005)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		434,743	639,862	1,082,090	1,011,867
Nonguarantor Subsidiaries [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		(177,176)	(213,999)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net		(232)	569
Investments in and advances to unconsolidated entities		(46,613)	(40,004)
Return of investments in unconsolidated entities		33,132	111,023
Investment in distressed loans and foreclosed real estate		(866)	(602)
Return of investments in distressed loans and foreclosed real estate		1,751	1,649
Acquisition of a business
Proceeds from sale of golf club property		15,617	18,220
Investments paid intercompany
Intercompany investing advances (to) from consolidated entities
Net cash provided by (used in) investing activities		2,789	90,855
Cash flow provided by (used in) financing activities:
Proceeds from loans payable		1,825,240	1,640,998
Debt issuance costs for loans payable
Repayments of Notes Payable		(1,854,911)	(1,640,998)
Repayments of Senior Debt
(Payments) proceeds from stock-based benefit plans
Purchase of treasury stock
Dividends paid
Proceeds from (Payments to) Noncontrolling Interests		(1,935)	49
Dividend paid - intercompany		(6,000)
Investment received intercompany		85,628	71,628
Intercompany financing advances (to) from consolidated entities		40,161	77,613
Net cash provided by (used in) financing activities		88,183	149,290
Net increase (decrease) in cash and cash equivalents		(86,204)	26,146
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		151,349	197,218	237,553	171,072
Eliminations [Member]
Cash flow (used in) provided by operating activities:
Net Cash (Used in) Provided by Operating Activities, Continuing Operations		(8,818)	(5,839)
Cash flow (used in) provided by investing activities:
Purchase of property and equipment - net
Investments 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
Acquisition of a business
Proceeds from sale of golf club property
Investments paid intercompany		85,631	71,628
Intercompany investing advances (to) from consolidated entities		(605,300)	(515,016)
Net cash provided by (used in) investing activities		(519,669)	(443,388)
Cash flow provided by (used in) financing activities:
Proceeds from loans payable
Debt issuance costs for loans payable
Repayments of Notes Payable
Repayments of Senior Debt
(Payments) proceeds from stock-based benefit plans
Purchase of treasury stock
Dividends paid
Proceeds from (Payments to) Noncontrolling Interests
Dividend paid - intercompany		6,000
Investment received intercompany		(85,628)	(71,628)
Intercompany financing advances (to) from consolidated entities		608,115	520,855
Net cash provided by (used in) financing activities		528,487	449,227
Net increase (decrease) in cash and cash equivalents		0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		$ 0	$ 0	$ 0	$ 0

Supplemental Guarantor Inform_7

Supplemental Guarantor Information Supplemental Guarantor Information (Level 4 Textuals) (Details)	Jul. 31, 2020
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%
Subsidiary Issuer [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%