Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	May 31, 2017	May 31, 2016
Cash flows from operating activities:
Net income	$ 46,041	$ 28,724
Adjustments to reconcile net income to net cash used in operating activities:
Equity in (income) loss of unconsolidated joint ventures	(1,075)	2,212
Amortization of discounts and issuance costs	3,314	3,770
Depreciation and amortization	1,500	1,832
Deferred income taxes	27,100	11,800
Loss on early extinguishment of debt	5,685	0
Stock-based compensation	7,037	7,506
Inventory impairments and land option contract abandonments	10,009	13,706
Changes in assets and liabilities:
Receivables	(2,905)	13,734
Inventories	(100,520)	(220,061)
Accounts payable, accrued expenses and other liabilities	(54,673)	(29,546)
Other, net	(6,093)	(1,136)
Net cash used in operating activities	(64,580)	(167,459)
Cash flows from investing activities:
Contributions to unconsolidated joint ventures	(11,105)	(750)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital	6,958	0
Purchases of property and equipment, net	(4,100)	(2,876)
Net cash used in investing activities	(8,247)	(3,626)
Cash flows from financing activities:
Change in restricted cash	0	5,827
Repayment of senior notes	(105,326)	0
Payments on mortgages and land contracts due to land sellers and other loans	(61,640)	(26,639)
Issuance of common stock under employee stock plans	3,049	0
Payments of cash dividends	(4,341)	(4,364)
Stock repurchases	(2,543)	(87,531)
Net cash used in financing activities	(170,801)	(112,707)
Net decrease in cash and cash equivalents	(243,628)	(283,792)
Cash and cash equivalents at beginning of period	593,000	560,341
Cash and cash equivalents at end of period	$ 349,372	$ 276,549