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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, 2023
USD ($)
joint_venture
Aug. 31, 2022
USD ($)
Aug. 31, 2023
USD ($)
joint_venture
Aug. 31, 2022
USD ($)
May 31, 2023
USD ($)
Nov. 30, 2022
USD ($)
joint_venture
May 31, 2022
USD ($)
Nov. 30, 2021
USD ($)
Schedule of Equity Method Investments [Line Items]                
Number of investments in unconsolidated joint ventures | joint_venture 6   6     6    
Statements of operations of unconsolidated joint venture                
Net income $ 149,933 $ 255,329 $ 439,875 $ 600,256        
Assets                
Total assets 6,576,986   6,576,986     $ 6,651,930    
Liabilities and equity                
Equity 3,830,128 3,490,608 3,830,128 3,490,608 $ 3,766,482 3,660,795 $ 3,290,995 $ 3,019,475
Total liabilities and stockholders’ equity $ 6,576,986   $ 6,576,986     $ 6,651,930    
Number of joint ventures with funding commitments | joint_venture 1   1     1    
Number of other unconsolidated joint ventures with outstanding debt | joint_venture 0   0     0    
Homebuilding                
Assets                
Cash and cash equivalents $ 612,076   $ 612,076     $ 328,517    
Other assets 102,520   102,520     101,051    
Total assets 6,516,451   6,516,451     6,592,398    
Financial services                
Assets                
Cash and cash equivalents 321   321     1,681    
Other assets [1] 31,530   31,530     27,698    
Total assets 60,535   60,535     59,532    
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Unsecured revolving credit facility                
Liabilities and equity                
Line of credit facility, current borrowing capacity 62,000   $ 62,000          
Unsecured revolving credit facility, expiration date     Apr. 19, 2026          
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Homebuilding                
Statements of operations of unconsolidated joint venture                
Revenues 0 1,293 $ 1,171 5,251        
Construction and land costs 0 (801) (686) (3,872)        
Other expense, net (193) (666) (2,603) (2,014)        
Net income (193) (174) (2,118) (635)        
Assets                
Cash 15,787   15,787     14,066    
Receivables 3,193   3,193     3,394    
Inventories 143,366   143,366     114,465    
Other assets 514   514     633    
Total assets 162,860   162,860     132,558    
Liabilities and equity                
Accounts payable and other liabilities 8,917   8,917     8,369    
Notes payable [2] 49,313   49,313     34,396    
Equity 104,630   104,630     89,793    
Total liabilities and stockholders’ equity 162,860   162,860     132,558    
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Financial services                
Statements of operations of unconsolidated joint venture                
Revenues 26,000 19,857 74,640 100,057        
Other expense, net (17,701) (19,601) (52,325) (59,888)        
Net income 8,299 256 22,315 40,169        
Assets                
Cash and cash equivalents 36,958   36,958     28,120    
Mortgage loans held for sale 117,295   117,295     250,572    
Other assets 23,033   23,033     33,176    
Total assets 177,286   177,286     311,868    
Liabilities and equity                
Accounts payable and other liabilities 13,549   13,549     15,590    
Funding facilities 112,109   112,109     242,944    
Equity 51,628   51,628     53,334    
Total liabilities and stockholders’ equity 177,286   177,286     311,868    
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Financial services | Interest Rate Lock Commitments                
Liabilities and equity                
Derivative asset, notional amount 20,400   20,400     $ 29,800    
Change in fair value included in gain on sale of mortgage loans held for sale $ (5,200) $ (6,300) $ (9,400) $ 27,100        
[1] Other assets at August 31, 2023 and November 30, 2022 included $31.4 million and $27.6 million, respectively, of contract assets for estimated future renewal commissions.
[2] As of both August 31, 2023 and November 30, 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, 2023 or November 30, 2022