Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands |
Apr. 30, 2018 |
Oct. 31, 2017 |
| Cash and cash equivalents |
$ 253,775
|
$ 469,320
|
| Assets |
1,642,491
|
1,900,898
|
| Liabilities |
2,142,467
|
2,361,269
|
| Income taxes payable |
1,902
|
2,227
|
| Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at April 30, 2018 and at October 31, 2017 |
135,299
|
135,299
|
| Paid in capital – common stock |
707,487
|
706,466
|
| Accumulated deficit |
(1,229,008)
|
(1,188,376)
|
| Treasury stock – at cost – 11,760,763 shares of Class A common stock and 691,748 shares of Class B common stock at April 30, 2018 and October 31, 2017 |
(115,360)
|
(115,360)
|
| Total stockholders’ equity deficit |
(499,976)
|
(460,371)
|
| Total liabilities and equity |
1,642,491
|
1,900,898
|
| Common Class A [Member] |
|
|
| Common stock |
1,444
|
1,440
|
| Common Class B [Member] |
|
|
| Common stock |
162
|
160
|
| Homebuilding [Member] |
|
|
| Cash and cash equivalents |
248,815
|
463,697
|
| Restricted cash and cash equivalents |
13,957
|
2,077
|
| Sold and unsold homes and lots under development |
856,620
|
744,119
|
| Land and land options held for future development or sale |
104,518
|
140,924
|
| Consolidated inventory not owned |
78,907
|
124,784
|
| Total inventories |
1,040,045
|
1,009,827
|
| Investments in and advances to unconsolidated joint ventures |
88,344
|
115,090
|
| Receivables, deposits and notes, net |
70,168
|
58,149
|
| Property, plant and equipment, net |
19,944
|
52,919
|
| Prepaid expenses and other assets |
40,529
|
37,026
|
| Assets |
1,521,802
|
1,738,785
|
| Accounts payable and other liabilities |
288,120
|
335,057
|
| Customers’ deposits |
30,997
|
33,772
|
| Liabilities from inventory not owned, net of debt issuance costs |
53,515
|
91,101
|
| Revolving and term loan credit facilities, net of debt issuance costs |
257,129
|
124,987
|
| Notes payable (net of discount, premium and debt issuance costs) and accrued interest |
1,340,246
|
1,554,687
|
| Liabilities |
2,040,651
|
2,217,128
|
| Homebuilding [Member] | Nonrecourse Mortgages Secured By Inventory [Member] | Mortgages [Member] |
|
|
| Nonrecourse mortgages secured by inventory, net of debt issuance costs |
70,644
|
64,512
|
| Homebuilding [Member] | Nonrecourse Mortgages Secured by Operating Properties [Member] | Mortgages [Member] |
|
|
| Nonrecourse mortgages secured by inventory, net of debt issuance costs |
|
13,012
|
| Financial Services [Member] |
|
|
| Cash and cash equivalents |
4,960
|
5,623
|
| Restricted cash and cash equivalents |
25,200
|
22,300
|
| Other assets |
115,729
|
156,490
|
| Liabilities |
$ 99,914
|
$ 141,914
|