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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Cash flows from operating activities:      
Net (loss) income $ (286,087) $ 2,588 $ (716,712)
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Depreciation 9,340 12,576 18,527
Compensation from stock options and awards 6,219 8,706 13,218
Stock option cancellations     15,687
Amortization of bond discounts and deferred financing costs 6,047 5,051 15,479
(Gain) loss on sale and retirement of property and assets (266) (69) 487
Loss (income) from unconsolidated joint ventures 8,958 (956) 46,041
Distributions of earnings from unconsolidated joint ventures 1,583 2,251 4,093
Gain on extinguishment of debt (7,528) (25,047) (410,185)
Inventory impairment and land option write-offs 101,749 135,699 659,475
Decrease (increase) in assets:      
Mortgage notes receivable 14,154 (16,780) 21,056
Restricted cash, receivables, prepaids, deposits, and other assets 59,686 40,400 (74,293)
Inventories (88,385) (27,726) 354,676
State and federal income tax assets     126,826
Increase (decrease) in liabilities:      
State and federal income tax liabilities 23,919 (44,444) 62,354
Customers’ deposits 7,150 (9,291) (9,865)
Accounts payable, accrued interest and other accrued liabilities (63,954) (50,471) (156,592)
Net cash (used in) provided by operating activities (207,415) 32,487 (29,728)
Cash flows from investing activities:      
Proceeds from sale of property and assets 1,341 474 1,069
Purchase of property, equipment, and other fixed assets and acquisitions (826) (2,456) (750)
Investment in and advances to unconsolidated joint ventures (4,071) (5,262) (32,185)
Distributions of capital from unconsolidated joint ventures 4,751 7,228 11,959
Net cash provided by (used in) investing activities 1,195 (16) (19,907)
Cash flows from financing activities:      
Proceeds from mortgages and notes 16,614 9,125  
Payments related to mortgages and notes (14,247) (5,662) (2,368)
Net proceeds from Senior Notes 151,220    
Net proceeds from Senior Secured Notes 12,660   752,046
Net proceeds from TEU issuance 83,707    
Net proceeds from Common Stock issuance 54,899    
Net (payments) proceeds related to mortgage warehouse lines of credit (23,914) 17,786 (28,934)
Deferred financing cost from note issuances (5,396) (1,656)  
Principal payments and debt repurchases (185,763) (111,576) (1,092,473)
Net cash provided by (used in) financing activities 89,780 (91,983) (371,729)
Net decrease in cash and cash equivalents (116,440) (59,512) (421,364)
Cash and cash equivalents balance, beginning of year 367,180 426,692 848,056
Cash and cash equivalents balance, end of year 250,740 367,180 426,692
Supplemental disclosures of cash flows:      
Income taxes $ (28,008) $ (253,425) $ (145,443)