Homebuilding Senior Notes and Other Debts Payable (Tables)

3 Months Ended

Feb. 29, 2020

Debt Disclosure [Abstract]

Schedule of Senior Notes and Other Debts Payable

(Dollars in thousands)	February 29, 2020		November 30, 2019
Unsecured revolving credit facility	$	300,000	—
6.625% senior notes due 2020	301,651		303,668
2.95% senior notes due 2020	299,566		299,421
8.375% senior notes due 2021	414,600		418,860
4.750% senior notes due 2021	499,088		498,893
6.25% senior notes due December 2021	308,994		310,252
4.125% senior notes due 2022	598,133		597,885
5.375% senior notes due 2022	257,484		258,198
4.750% senior notes due 2022	571,806		571,644
4.875% senior notes due December 2023	396,853		396,553
4.500% senior notes due 2024	646,984		646,802
5.875% senior notes due 2024	446,990		448,158
4.750% senior notes due 2025	497,669		497,558
5.25% senior notes due 2026	407,618		407,921
5.00% senior notes due 2027	352,796		352,892
4.75% senior notes due 2027	893,234		893,046
Mortgage notes on land and other debt	922,032		874,887
	$	8,115,498	7,776,638

Schedule of Letter of Credit Facilities

(In thousands)	Maximum Aggregate Commitment
Residential facilities maturing:
March 2020 (1)	$	100,000
May 2020	300,000
June 2020	300,000
October 2020	500,000
Total - Residential facilities	$	1,200,000
LMF Commercial facilities maturing
November 2020	$	200,000
December 2020	650,000
December 2020 (two - one year extensions) (2)	50,000
Total - LMF Commercial facilities	$	900,000
Total	$	2,100,000

(1) Subsequent to February 2020, the maturity date was extended to March 2021.

(2)

LMF Commercial uses this warehouse repurchase facility to finance the origination of floating rate accrual loans, which are reported as accrual loans within loans held-for-investment, net. There were borrowings under this facility of $11.4 million as of February 29, 2020.

The company's letter of credit and surety bond facilities are described below:

	February 29, 2020		November 30, 2019
(In thousands)
Performance letters of credit	$	739,944	715,793
Financial letters of credit	208,871		184,075
Surety bonds	2,966,393		2,946,167
Anticipated future costs related to site improvements related to performance surety bonds	1,440,444		1,427,145