XML 39 R62.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Narratives) (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2014
community
Home
Aug. 31, 2013
Aug. 31, 2014
Home
community
Aug. 31, 2013
Nov. 30, 2013
Home
Loss Contingencies [Line Items]          
Structural warranty provided by the company (in years)     10 years    
Minimum warranty on electrical and other building systems (in years)     2 years    
Maximum warranty on electrical and other building systems (in years)     5 years    
Warranty for other components of a home (in years)     1 year    
Payments $ (10,633,000) $ (12,654,000) $ (30,795,000) $ (30,867,000)  
Adjustment to increase warranty liability 7,546,000 [1] 5,931,000 [1] 12,155,000 [1] 23,478,000 [1]  
Performance bonds 500,700,000   500,700,000   410,800,000
Letters of credit outstanding 31,900,000   31,900,000   41,500,000
Total deposits 40,600,000   40,600,000    
Cash deposits 40,465,000   40,465,000   41,565,000
Letters of credit 100,000   100,000   100,000
Aggregate purchase price of land 904,129,000   904,129,000   1,151,496,000
Water Intrusion [Member]
         
Loss Contingencies [Line Items]          
Loss Contingency, Receivable 12,794,000 0 12,794,000 0  
Warranty Liability Associated with Water Intrusion 14,700,000   14,700,000   28,900,000
Number of Homes Affected by Water Intrusion 363   363   710
Additional Number of Affected Homes Associated with Repair Costs     136    
Number of Affected Homes on which Repairs Were Resolved     483    
Accumulated number of affected homes on which repairs were resolved 1,237   1,237    
Payments (7,200,000) (10,000,000) (21,300,000) (21,400,000)  
Accumulated Number of Affected Homes 1,600   1,600    
Payments made as repair costs for homes with Water Intrusion (58,000,000)   (58,000,000)    
Estimated repair costs for homes with Water Intrusion 72,700,000   72,700,000    
Number of Affected Attached Home Communities 3   3    
Insurance Recoveries 500,000        
Product Liability Contingency, Third Party Recovery     27,000,000    
Product Liability Contingency, Third Party Recovery Included In Warranty Liability     14,700,000   19,400,000
Increase (Decrease) in Insurance Settlements Receivable 7,200,000        
Product Liability Contingency, Loss Exposure Not Accrued, Best Estimate     $ 6,000,000    
Palm River [Member] | Water Intrusion [Member]
         
Loss Contingencies [Line Items]          
Number of Affected Attached Home Communities 1   1    
Attached Home Communities [Member] | Water Intrusion [Member]
         
Loss Contingencies [Line Items]          
Percentage of Total Estimated Repair Costs 64.00%   64.00%    
[1] As discussed below, adjustments for the three months and nine months ended August 31, 2014 were primarily comprised of a reclassification of estimated minimum probable recoveries to receivables and a reclassification to establish a separate accrual for a water intrusion-related inquiry. These items had no impact on our consolidated statements of operations. Adjustments for the three months and nine months ended August 31, 2013 reflected net warranty charges associated with water intrusion-related issues in central and southwest Florida.