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Investments in Unconsolidated Joint Ventures (Financial Information for Unconsolidated Joint Ventures) (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2022
USD ($)
joint_venture
home
Aug. 31, 2021
USD ($)
Aug. 31, 2022
USD ($)
joint_venture
home
Aug. 31, 2021
USD ($)
May 31, 2022
USD ($)
Nov. 30, 2021
USD ($)
home
joint_venture
May 31, 2021
USD ($)
Nov. 30, 2020
USD ($)
Assets                
Total assets $ 6,730,589   $ 6,730,589     $ 5,835,918    
Liabilities and equity                
Equity 3,490,608 $ 2,841,733 3,490,608 $ 2,841,733 $ 3,290,995 3,019,475 $ 2,886,865 $ 2,665,769
Total liabilities and stockholders’ equity $ 6,730,589   $ 6,730,589     $ 5,835,918    
Number of investments in unconsolidated joint ventures | joint_venture 6   6     6    
Number of joint ventures with funding commitments | joint_venture 1   1          
Number of other unconsolidated joint ventures with outstanding debt | home 0   0     0    
Cash and Cash Equivalents, at Carrying Value $ 197,257 351,345 $ 197,257 351,345        
Financial Service [Member]                
Assets                
Other Assets [1] 26,473   26,473     $ 24,347    
Total assets 56,522   56,522     44,202    
Liabilities and equity                
Cash and Cash Equivalents, at Carrying Value 1,855 1,204 1,855 1,204   1,372    
Home Building [Member]                
Assets                
Other Assets 108,286   108,286     104,153    
Total assets 6,674,067   6,674,067     5,791,716    
Liabilities and equity                
Cash and Cash Equivalents, at Carrying Value 195,402 350,141 195,402 350,141   290,764    
Interest Rate Lock Commitments | Financial Service [Member]                
Liabilities and equity                
Derivative Asset, Notional Amount 36,600   36,600     9,500    
Change in fair value included in gain on sale of mortgage loans held for sale 6,300 500 27,100 2,100        
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Financial Service [Member]                
Statements of operations of unconsolidated joint venture                
Revenues 19,857 31,560 100,057 96,930        
Other Nonoperating Income (Expense) (19,601) (20,712) (59,888) (60,085)        
Income (loss) 256 10,848 40,169 36,845        
Assets                
Mortgages Held-for-sale, Fair Value Disclosure 138,253   138,253     234,669    
Other Assets 61,094   61,094     46,218    
Total assets 220,440   220,440     304,803    
Liabilities and equity                
Accounts payable and other liabilities 16,429   16,429     18,375    
Funding facilities 152,079   152,079     253,791    
Equity 51,932   51,932     32,637    
Total liabilities and stockholders’ equity 220,440   220,440     304,803    
Cash and Cash Equivalents, at Carrying Value 21,093   21,093     23,916    
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Home Building [Member]                
Statements of operations of unconsolidated joint venture                
Revenues 1,293 1,979 5,251 14,818        
Cost of Revenue (801) (1,453) (3,872) (12,397)        
Other Nonoperating Income (Expense) (666) (591) (2,014) (2,000)        
Income (loss) (174) $ (65) (635) $ 421        
Assets                
Receivables 3,279   3,279     795    
Inventory, Real Estate 111,067   111,067     64,034    
Other Assets 680   680     50    
Total assets 132,620   132,620     80,610    
Liabilities and equity                
Accounts payable and other liabilities 13,556   13,556     12,285    
Notes Payable [2] 30,735   30,735     0    
Equity 88,329   88,329     68,325    
Total liabilities and stockholders’ equity 132,620   132,620     80,610    
Cash and Cash Equivalents, at Carrying Value 17,594   17,594     $ 15,731    
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Unsecured revolving credit facility                
Liabilities and equity                
Unsecured revolving credit facility, borrowing capacity $ 62,000   $ 62,000          
Unsecured revolving credit facility, expiration date Apr. 19, 2026              
[1] 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.
[2] As of August 31, 2022, one of our unconsolidated joint ventures had borrowings outstanding under a revolving line of credit it entered into with a third-party lender in April 2022 to finance its land acquisition, development and construction activities. Borrowings under this line of credit, which has a maximum commitment of $62.0 million, are secured by the underlying property and related project assets. The line of credit is scheduled to mature on April 19, 2026, unless extended or terminated pursuant to its applicable terms. None of our other unconsolidated joint ventures had outstanding debt at August 31, 2022 or November 30, 2021