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Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
Nov. 30, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Statements of operations of unconsolidated joint ventures
The following table presents combined condensed information from the statements of operations of our unconsolidated joint ventures (in thousands):
 
Years Ended November 30,
 
2012
 
2011
 
2010
Revenues
$
31,772

 
$
230

 
$
122,200

Construction and land costs
(21,467
)
 
(54
)
 
(120,010
)
Other expenses, net
(2,009
)
 
(4,506
)
 
(19,362
)
Income (loss)
$
8,296

 
$
(4,330
)
 
$
(17,172
)
Balance sheets of unconsolidated joint ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
November 30,
 
2012
 
2011
Assets
 
 
 
Cash
$
29,721

 
$
8,923

Receivables
6,104

 
19,503

Inventories
352,791

 
368,306

Other assets
1,175

 
151

Total assets
$
389,791

 
$
396,883

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
88,027

 
$
96,981

Equity
301,764

 
299,902

Total liabilities and equity
$
389,791

 
$
396,883

Information related investments in unconsolidated joint ventures
The following table presents information relating to our investments in unconsolidated joint ventures (dollars in thousands):
 
November 30,
 
2012
 
2011
Number of investments in unconsolidated joint ventures
8

 
8

Investments in unconsolidated joint ventures
$
123,674

 
$
127,926