Inventory Impairments and Land Option Contract Abandonments (Tables)

6 Months Ended

May 31, 2019

Inventory Impairments and Land Option Contract Abandonments [Abstract]

Schedule of Significant Unobservable Inputs

The following table summarizes 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 May 31,		Six Months Ended May 31,
Unobservable Input (a)	2019	2018	2019	2018
Average selling price	$315,000 - $398,500	$339,400 - $460,500	$315,000 - $1,045,400	$339,400 - $774,100
Deliveries per month	4	4 - 5	1 - 4	3 - 5
Discount rate	17%	17%	17%	17% - 18%