Accrued Expenses and Other Liabilities

6 Months Ended

May 31, 2011

Accrued Expenses and Other Liabilities [Abstract]

Accrued Expenses and Other Liabilities

12. Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consisted of the following (in thousands):

	May 31,		November 30,
	2011		2010
South Edge debt guaranty obligation	$	151,205	$	—
Construction defect and other litigation liabilities		129,931		124,853
Warranty liability		82,630		93,988
Employee compensation and related benefits		71,177		76,477
Accrued interest payable		44,978		42,963
Liabilities related to inventory not owned		28,362		15,549
Real estate and business taxes		4,417		8,220
Other		81,685		104,455
Total	$	594,385	$	466,505