Note 20 - Investments in Unconsolidated Homebuilding and Land Development Joint Ventures (Tables)

12 Months Ended

Oct. 31, 2025

Investments in Unconsolidated Homebuilding and Land Development Joint Ventures

Equity Method Investments [Table Text Block]

	October 31, 2025
				Land
(In thousands)	Homebuilding			Development			Total
Assets:
Cash and cash equivalents	$	104,066		$	-		$	104,066
Inventories		487,965			-			487,965
Other assets		128,385			-			128,385
Total assets	$	720,416		$	-		$	720,416
Liabilities and equity:
Accounts payable and accrued liabilities	$	305,153		$	-		$	305,153
Notes payable		121,948			-			121,948
Total liabilities		427,101			-			427,101
Equity of:
Hovnanian Enterprises, Inc.		160,903			-			160,903
Others		132,412			-			132,412
Total equity		293,315			-			293,315
Total liabilities and equity	$	720,416		$	-		$	720,416
Debt to capitalization ratio		29	%		0	%		29	%

	October 31, 2024
				Land
(In thousands)	Homebuilding			Development			Total
Assets:
Cash and cash equivalents	$	130,532		$	-		$	130,532
Inventories		402,628			-			402,628
Other assets		311,955			-			311,955
Total assets	$	845,115		$	-		$	845,115
Liabilities and equity:
Accounts payable and accrued liabilities	$	469,320		$	-		$	469,320
Notes payable		88,653			-			88,653
Total liabilities		557,973			-			557,973
Equity of:
Hovnanian Enterprises, Inc.		140,540			-			140,540
Others		146,602			-			146,602
Total equity		287,142			-			287,142
Total liabilities and equity	$	845,115		$	-		$	845,115
Debt to capitalization ratio		24	%		0	%		24	%

	For The Year Ended October 31, 2025
				Land
(In thousands)	Homebuilding			Development		Total
Revenues	$	629,889		$	-	$	629,889
Cost of sales and expenses		(575,888	)		-		(575,888	)
Joint venture net income	$	54,001		$	-	$	54,001
Our share of net income	$	46,437		$	-	$	46,437

	For The Year Ended October 31, 2024
				Land
(In thousands)	Homebuilding			Development		Total
Revenues	$	552,727		$	-	$	552,727
Cost of sales and expenses		(484,967	)		445		(484,522	)
Joint venture net income	$	67,760		$	445	$	68,205
Our share of net income	$	52,142		$	121	$	52,263

	For The Year Ended October 31, 2023
				Land
(In thousands)	Homebuilding			Development		Total
Revenues	$	783,298		$	-	$	783,298
Cost of sales and expenses		(654,217	)		-		(654,217	)
Joint venture net income	$	129,081		$	-	$	129,081
Our share of net income	$	43,160		$	-	$	43,160