Financial Services (Tables)

3 Months Ended

Feb. 29, 2020

Segment Reporting Information [Line Items]

Financial Services Income (Loss)

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

	Three Months Ended
	February 29, 2020			February 28, 2019
Revenues
Insurance commissions	$	1,953		$	1,472
Title services	1,600			1,217
Interest income	—			6
Total	3,553			2,695
Expenses
General and administrative	(962		)	(1,024		)
Operating income	2,591			1,671
Equity in income of unconsolidated joint ventures	3,222			802
Pretax income	$	5,813		$	2,473

Financial Service [Member]

Segment Reporting Information [Line Items]

Schedule of Financial Services Assets and Liabilities

	February 29, 2020		November 30, 2019
Assets
Cash and cash equivalents	$	1,221	$	1,044
Receivables	1,589		2,232
Investments in unconsolidated joint ventures	9,446		14,374
Other assets (a)	21,556		20,746
Total assets	$	33,812	$	38,396
Liabilities
Accounts payable and accrued expenses	$	2,043	$	2,058
Total liabilities	$	2,043	$	2,058

(a)

Other assets at February 29, 2020 and November 30, 2019 included $21.1 million and $20.6 million, respectively, of contract assets for estimated future renewal commissions related to then-existing insurance policies.