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Investments in Unconsolidated Joint Ventures (Tables)
 6 Months Ended
May 31, 2014
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):
 
Six Months Ended May 31,
 
Three Months Ended May 31,
 
2014
 
2013
 
2014
 
2013
Revenues
$
6,118

 
$
6,356

 
$
—

 
$
6,356

Construction and land costs
(3,523
)
 
(3,928
)
 
—

 
(3,928
)
Other expenses, net
(2,038
)
 
(1,891
)
 
(908
)
 
(1,036
)
Income (loss)
$
557

 
$
537

 
$
(908
)
 
$
1,392
Balance Sheets of Unconsolidated Joint Ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
May 31,
2014
 
November 30,
2013
Assets
 
 
 
Cash
$
21,241

 
$
18,752

Receivables
5,183

 
4,902

Inventories
156,085

 
381,195

Other assets
149

 
1,183

Total assets
$
182,658

 
$
406,032

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
19,278

 
$
85,386

Equity
163,380

 
320,646

Total liabilities and equity
$
182,658

 
$
406,032
Information Related Investments in Unconsolidated Joint Ventures
The following table presents information relating to our investments in unconsolidated joint ventures (dollars in thousands):
 
May 31,
2014
 
November 30,
2013
Number of investments in unconsolidated joint ventures
7

 
9

Investments in unconsolidated joint ventures
$
67,594

 
$
130,192

Number of unconsolidated joint venture lots controlled under land option contracts and other similar contracts
673

 
5,367