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Inventory Impairments and Land Option Contract Abandonments (Tables)
3 Months Ended
Feb. 28, 2017
Inventory Impairments and Land Option Contract Abandonments [Abstract]  
Schedule of Significant Unobservable Inputs
The following table summarizes ranges for significant quantitative unobservable inputs we utilized in our fair value measurements with respect to the impaired communities written down to fair value during the periods presented:
 
 
Three Months Ended
Unobservable Input (a)
 
February 28,
2017
 
February 29,
2016
Average selling price
 
$299,800 - $307,900
 
$310,000
Deliveries per month
 
3 - 4
 
1
Discount rate
 
17%
 
17%
(a)
The ranges of inputs used in each period primarily reflect differences between the housing markets where each impacted community is located, rather than fluctuations in prevailing market conditions.