Investments in and Advances to Unconsolidated Entities (Tables)

12 Months Ended

Oct. 31, 2012

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Condensed balance sheet aggregated by type of business

Condensed Balance Sheets:

	October 31, 2012
	Develop- ment joint ventures	Home building joint ventures	Toll Brothers Realty Trust I and II		Structured asset joint venture	Total
Cash and cash equivalents	17,189	40,126	11,005		44,176	112,496
Inventory	255,561	294,724	5,643			555,928
Non-performing loan portfolio					226,315	226,315
Rental properties			173,767			173,767
Real estate owned					254,250	254,250
Other assets (1)	12,427	72,301	9,182		237,476	331,386
Total assets	285,177	407,151	199,597		762,217	1,654,142
Debt (1)	96,862	34,184	195,359		311,801	638,206
Other liabilities	13,890	5,707	5,202		561	25,360
Members’ equity	174,425	367,260	(964	)	179,942	720,663
Noncontrolling interest					269,913	269,913
Total liabilities and equity	285,177	407,151	199,597		762,217	1,654,142
Company’s net investment in unconsolidated entities (2)	116,452	173,465	3,357		37,343	330,617

	October 31, 2011
	Develop- ment joint ventures	Home building joint ventures	Toll Brothers Realty Trust I and II	Structured asset joint venture	Total
Cash and cash equivalents	14,190	10,663	11,726	48,780	85,359
Inventory	37,340	170,239	5,501		213,080
Non-performing loan portfolio				295,044	295,044
Rental properties			178,339		178,339
Real estate owned			1,087	230,872	231,959
Other assets (1)	331,315	20,080	9,675	159,143	520,213
Total assets	382,845	200,982	206,328	733,839	1,523,994
Debt (1)	327,856	50,515	198,927	310,847	888,145
Other liabilities	5,352	9,745	3,427	382	18,906
Members’ equity	49,637	140,722	3,974	172,944	367,277
Noncontrolling interest				249,666	249,666
Total liabilities and equity	382,845	200,982	206,328	733,839	1,523,994
Company’s net investment in unconsolidated entities (2)	17,098	72,734	1,872	34,651	126,355

(1) Included in other assets at October 31, 2012 and 2011 of the Structured Asset Joint Venture is $237.5 million and $152.6 million, respectively, of restricted cash held in a defeasance account which will be used to repay debt of the Structured Asset Joint Venture.

(2) Differences between the Company’s net investment in unconsolidated entities and its underlying equity in the net assets of the entities are primarily a result of the difference in the purchase price of a joint venture interest and its underlying equity, impairments related to the Company’s investments in unconsolidated entities, a loan made to one of the entities by the Company, interest capitalized on the Company's investment and distributions from entities in excess of the carrying amount of the Company’s net investment.

Condensed statements of operations aggregate by type of business

Condensed Statements of Operations: For the year ended October 31, 2012 Develop-ment jointventures Homebuildingjointventures TollBrothersRealty TrustI and II Structuredassetjointventure TotalRevenues39,278 89,947 37,035 31,686 197,946Cost of revenues36,315 65,068 13,985 32,828 148,196Other expenses1,414 4,116 20,587 8,646 34,763Gain on disposition of loans and REO   (42,244) (42,244)Total expenses37,729 69,184 34,572 (770) 140,715Income from operations1,549 20,763 2,463 32,456 57,231Other income2,658 157  691 3,506Net income before noncontrolling interest4,207 20,920 2,463 33,147 60,737Less: Net income attributable to noncontrolling interest   19,888 19,888Net income4,207 20,920 2,463 13,259 40,849Company’s equity in earnings of unconsolidated entities (3)3,996 14,985 1,919 2,692 23,592 For the year ended October 31, 2011 Develop-ment jointventures Homebuildingjointventures TollBrothersRealty TrustI and II Structuredassetjointventure TotalRevenues4,624 242,326 37,728 46,187 330,865Cost of revenues3,996 191,922 15,365 30,477 241,760Other expenses1,527 8,954 18,808 10,624 39,913Gain on disposition of loans and REO   (61,406) (61,406)Total expenses5,523 200,876 34,173 (20,305) 220,267Income (loss) from operations(899) 41,450 3,555 66,492 110,598Other income9,498 1,605  252 11,355Net income before noncontrolling interest8,599 43,055 3,555 66,744 121,953Less: Net income attributable to noncontrolling interest   40,048 40,048Net income8,599 43,055 3,555 26,696 81,905Company’s equity in (loss) earnings of unconsolidated entities (3)(25,272) 15,159 3,580 5,339 (1,194) For the year ended October 31, 2010 Development joint ventures Home building joint ventures Toll Brothers Realty Trust I and II Structured assetjointventure TotalRevenues7,370 132,878 34,755 16,582 191,585Cost of revenues6,402 106,638 13,375 6,693 133,108Other expenses1,522 8,121 18,693 2,977 31,313Loss on disposition of loans and REO   5,272 5,272Total expenses7,924 114,759 32,068 14,942 169,693Income (loss) from operations(554) 18,119 2,687 1,640 21,892Other income13,616 572  5 14,193Net income before noncontrolling interest13,062 18,691 2,687 1,645 36,085Less: Net income attributable to noncontrolling interest   987 987Net income13,062 18,691 2,687 658 35,098Company’s equity in earnings of unconsolidated entities (3)10,664 11,272 1,402 132 23,470(3)Differences between the Company’s equity in earnings (losses) of unconsolidated entities and the underlying net income of the entities are primarily a result of impairments related to the Company’s investments in unconsolidated entities, distributions from entities in excess of the carrying amount of the Company’s net investment and the Company’s share of the entities profits related to home sites purchased by the Company that reduces the Company’s cost basis of the home sites.