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Financial Services (Tables)
9 Months Ended
Aug. 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 August 31,Nine Months Ended August 31,
 2022202120222021
Revenues
Insurance commissions$3,250 $2,771 $8,364 $7,051 
Title services2,757 2,435 7,495 6,742 
Other— — 19 — 
Total6,007 5,206 15,878 13,793 
Expenses
General and administrative(1,510)(1,234)(4,219)(3,687)
Operating income4,497 3,972 11,659 10,106 
Equity in income of unconsolidated joint ventures
128 5,409 20,083 18,423 
Pretax income$4,625 $9,381 $31,742 $28,529 
Financial Service [Member]  
Segment Reporting Information [Line Items]  
Schedule of Financial Services Assets and Liabilities
August 31,
2022
November 30,
2021
Assets
Cash and cash equivalents$1,855 $1,372 
Receivables 2,228 2,166 
Investments in unconsolidated joint ventures 25,966 16,317 
Other assets (a)26,473 24,347 
Total assets$56,522 $44,202 
August 31,
2022
November 30,
2021
Liabilities
Accounts payable and accrued expenses$3,090 $2,685 
Total liabilities$3,090 $2,685 
(a)Other assets at August 31, 2022 and November 30, 2021 included $26.3 million and $24.1 million, respectively, of contract assets for estimated future renewal commissions.