Investment in Unconsolidated Affiliates (Tables)

12 Months Ended

Nov. 30, 2017

Equity Method Investments And Cost Method Investments [Abstract]

Partnerships Investments Unconsolidated Affiliates

The following table summarizes the activity of the Partnership’s investments in its unconsolidated affiliates:

	Year Ended
(in thousands)	November 30, 2017			November 30, 2016
Balance at the beginning of the period	$	475,078		$	352,070
Investments in its unconsolidated affiliates during the period	330,088			134,371
Equity in earnings in unconsolidated affiliates (1)	43,379			18,341
Distributions from unconsolidated affiliates	(80,287		)	(29,704		)
Balance at the end of the period	$	768,258		$	475,078

(1) The net income used to determine the Partnership’s equity in earnings of unconsolidated affiliates reflects adjustments pursuant to the equity method of accounting, including the amortization of basis differences resulting from the Partnership’s proportionate share of certain equity method investees’ net assets exceeding their carrying values.

Summary of Financial Information

The following table presents summarized financial information of SG2 Holdings, North Star Holdings, Lost Hills Blackwell Holdings, Henrietta Holdings and Stateline Holdings as derived from the consolidated financial statements of such entities: 

	Year Ended				Eleven Months Ended
(in thousands)	November 30, 2017		November 30, 2016		November 30, 2015
Summary statement of operations information:
Revenue	$	178,425	$	72,099	$	55,227
Operating expenses	101,284		47,385		37,342
Net income	74,230		24,970		18,187
	As of
	November 30, 2017		November 30, 2016
Summary balance sheet information:
Current assets	$	76,866	$	45,086
Long-term assets	2,867,709		1,498,820
Current liabilities	11,303		6,250
Long-term liabilities	25,143		12,329