Financial Services (Tables)

12 Months Ended

Nov. 30, 2019

Segment Reporting Information [Line Items]

Financial services income loss

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

	Years Ended November 30,
	2019			2018			2017
Revenues
Insurance commissions	$	8,662		$	7,535		$	6,991
Title services	6,421			5,672			5,268
Interest income	6			—			5
Total	15,089			13,207			12,264
Expenses
General and administrative	(4,333		)	(3,844		)	(3,430		)
Operating income	10,756			9,363			8,834
Equity in income of unconsolidated joint ventures	12,230			7,301			4,234
Pretax income	$	22,986		$	16,664		$	13,068

Financial services [Member]

Segment Reporting Information [Line Items]

Financial services assets liabilities

	November 30,
	2019		2018
Assets
Cash and cash equivalents	$	1,044	$	760
Receivables	2,232		2,885
Investments in unconsolidated joint ventures	14,374		8,594
Other assets (a)	20,746		141
Total assets	$	38,396	$	12,380
Liabilities
Accounts payable and accrued expenses	$	2,058	$	1,495
Total liabilities	$	2,058	$	1,495

(a)

Other assets at November 30, 2019 included $20.6 million of contract assets for estimated future renewal commissions due to our adoption of ASC 606 effective December 1, 2018, as described in Note 1 – Summary of Significant Accounting Policies.