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Investments in Unconsolidated Joint Ventures (Financial Information for Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Nov. 30, 2019
Statements of operations of unconsolidated joint venture          
Revenues $ 66,873 $ 3,786 $ 94,420 $ 15,978  
Construction and land costs (46,725) (3,798) (68,268) (16,018)  
Other expense, net (3,742) (610) (5,849) (1,238)  
Income (loss) 16,406 $ (622) 20,303 $ (1,278)  
Assets          
Cash 41,932   41,932   $ 23,965
Inventories 85,830   85,830   139,536
Other assets 658   658   792
Total assets 128,420   128,420   164,293
Liabilities and equity          
Accounts payable and other liabilities 13,817   13,817   13,282
Notes payable [1] 0   0   40,672
Equity Method Investment Summarized Financial Information, Equity 114,603   114,603   110,339
Total liabilities and equity $ 128,420   $ 128,420   $ 164,293
[1]
As of both May 31, 2020 and November 30, 2019, we had investments in five unconsolidated joint ventures. At November 30, 2019, one of our unconsolidated joint ventures had a construction loan agreement with a third-party lender to finance its land development activities. The outstanding debt was secured by the underlying property and related project assets and was non-recourse to us. All of the outstanding secured debt was repaid in April 2020. None of our unconsolidated joint ventures had outstanding debt at May 31, 2020.