Financial Services (Tables)

6 Months Ended

May 31, 2022

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 May 31,				Six Months Ended May 31,
	2022		2021		2022		2021
Revenues
Insurance commissions	$	2,596	$	2,432	$	5,114	$	4,280
Title services	2,637		2,425		4,738		4,307
Other	3		—		19		—
Total	5,236		4,857		9,871		8,587
Expenses
General and administrative	(1,362)		(1,253)		(2,709)		(2,453)
Operating income	3,874		3,604		7,162		6,134
Equity in income of unconsolidated joint ventures	14,807		7,044		19,955		13,014
Pretax income	$	18,681	$	10,648	$	27,117	$	19,148

Financial Service [Member]

Segment Reporting Information [Line Items]

Schedule of Financial Services Assets and Liabilities

	May 31, 2022		November 30, 2021
Assets
Cash and cash equivalents	$	2,395	$	1,372
Receivables	2,452		2,166
Investments in unconsolidated joint ventures	27,222		16,317
Other assets (a)	25,697		24,347
Total assets	$	57,766	$	44,202
Liabilities
Accounts payable and accrued expenses	$	3,275	$	2,685
Total liabilities	$	3,275	$	2,685

(a)Other assets at May 31, 2022 and November 30, 2021 included $25.5 million and $24.1 million, respectively, of contract assets for estimated future renewal commissions.