Financial Services

The following tables present financial information relating to our financial services reporting segment (in thousands):



	Three Months Ended May 31,						Six Months Ended May 31,
	2017			2016			2017			2016
Revenues
Insurance commissions	$	1,408		$	1,371		$	2,618		$	2,947
Title services	1,314			1,217			2,449			2,270
Interest income	—			—			5			—
Total	2,722			2,588			5,072			5,217

Expenses
General and administrative	(816		)	(871		)	(1,635		)	(1,730		)
Operating income	1,906			1,717			3,437			3,487
Equity in income (loss) of unconsolidated joint ventures	911			(197		)	940			(784		)
Pretax income	$	2,817		$	1,520		$	4,377		$	2,703



	May 31, 2017		November 30, 2016
Assets
Cash and cash equivalents	$	784	$	914
Receivables	1,622		1,764
Investments in unconsolidated joint ventures (a)	8,972		7,771
Other assets	32		50
Total assets	$	11,410	$	10,499
Liabilities
Accounts payable and accrued expenses	$	1,457	$	2,003
Total liabilities	$	1,457	$	2,003


(a)	Our investments in unconsolidated joint ventures as of May 31, 2017 included a $5.3 million capital contribution we made to KBHS in the 2017 first quarter, and a $5.0 million distribution we received from HCM in the 2017 second quarter.