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Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
Nov. 30, 2013
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,
 
2013
 
2012
 
2011
Revenues
$
17,446

 
$
31,772

 
$
230

Construction and land costs
(10,709
)
 
(21,467
)
 
(54
)
Other expenses, net
(4,042
)
 
(2,009
)
 
(4,506
)
Income (loss)
$
2,695

 
$
8,296

 
$
(4,330
)
Balance sheets of unconsolidated joint ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
November 30,
 
2013
 
2012
Assets
 
 
 
Cash
$
18,752

 
$
29,721

Receivables
4,902

 
6,104

Inventories
381,195

 
352,791

Other assets
1,183

 
1,175

Total assets
$
406,032

 
$
389,791

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
85,386

 
$
88,027

Equity
320,646

 
301,764

Total liabilities and equity
$
406,032

 
$
389,791

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,
 
2013
 
2012
Number of investments in unconsolidated joint ventures
9

 
8

Investments in unconsolidated joint ventures
$
130,192

 
$
123,674

Number of unconsolidated joint venture lots controlled under land option contracts or other similar contracts
5,367

 
4,940