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Financial Services (Tables) | 9 Months Ended
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Aug. 31, 2013
Segment Reporting Information [Line Items] |
Schedule of Financial Services Income (Loss) | Condensed Consolidating Statement of Operations Nine Months Ended August 31, 2013 (in thousands)
| KB Home Corporate |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Total
Revenues | $ | — |  |  | $ | 1,306,981 |  |  | $ | 171,618 |  |  | $ | — |  |  | $ | 1,478,599 |
Homebuilding: |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 1,306,981 |  |  | $ | 163,423 |  |  | $ | — |  |  | $ | 1,470,404 |
Construction and land costs | — |  |  | (1,092,603 | ) |  | (140,041 | ) |  | — |  |  | (1,232,644 | )
Selling, general and administrative expenses | (45,355 | ) |  | (122,817 | ) |  | (24,480 | ) |  | — |  |  | (192,652 | )
Operating income (loss) | (45,355 | ) |  | 91,561 |  |  | (1,098 | ) |  | — |  |  | 45,108 |
Interest income | 607 |  |  | 17 |  |  | 5 |  |  | — |  |  | 629 |
Interest expense | 49,253 |  |  | (85,644 | ) |  | (4,682 | ) |  | — |  |  | (41,073 | )
Equity in loss of unconsolidated joint ventures | — |  |  | (1,656 | ) |  | (2 | ) |  | — |  |  | (1,658 | )
Homebuilding pretax income (loss) | 4,505 |  |  | 4,278 |  |  | (5,777 | ) |  | — |  |  | 3,006 |
Financial services pretax income | — |  |  | — |  |  | 7,041 |  |  | — |  |  | 7,041 |
Total pretax income | 4,505 |  |  | 4,278 |  |  | 1,264 |  |  | — |  |  | 10,047 |
Income tax benefit | 800 |  |  | 800 |  |  | 200 |  |  | — |  |  | 1,800 |
Equity in net income of subsidiaries | 6,542 |  |  | — |  |  | — |  |  | (6,542 | ) |  | — |
Net income | $ | 11,847 |  |  | $ | 5,078 |  |  | $ | 1,464 |  |  | $ | (6,542 | ) |  | $ | 11,847 |
Revised Condensed Consolidating Statement of Operations Nine Months Ended August 31, 2012 (in thousands)
| KB Home Corporate |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Total
Revenues | $ | — |  |  | $ | 869,357 |  |  | $ | 112,557 |  |  | $ | — |  |  | $ | 981,914 |
Homebuilding: |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 869,357 |  |  | $ | 104,698 |  |  | $ | — |  |  | $ | 974,055 |
Construction and land costs | — |  |  | (746,456 | ) |  | (89,773 | ) |  | — |  |  | (836,229 | )
Selling, general and administrative expenses | (45,480 | ) |  | (107,471 | ) |  | (20,693 | ) |  | — |  |  | (173,644 | )
Operating income (loss) | (45,480 | ) |  | 15,430 |  |  | (5,768 | ) |  | — |  |  | (35,818 | )
Interest income | 332 |  |  | 5 |  |  | 26 |  |  | — |  |  | 363 |
Interest expense | 37,026 |  |  | (86,597 | ) |  | (4,244 | ) |  | — |  |  | (53,815 | )
Equity in loss of unconsolidated joint ventures | — |  |  | (36 | ) |  | (1 | ) |  | — |  |  | (37 | )
Homebuilding pretax loss | (8,122 | ) |  | (71,198 | ) |  | (9,987 | ) |  | — |  |  | (89,307 | )
Financial services pretax income | — |  |  | — |  |  | 7,830 |  |  | — |  |  | 7,830 |
Total pretax loss | (8,122 | ) |  | (71,198 | ) |  | (2,157 | ) |  | — |  |  | (81,477 | )
Income tax benefit | 1,600 |  |  | 12,800 |  |  | 400 |  |  | — |  |  | 14,800 |
Equity in net loss of subsidiaries | (60,155 | ) |  | — |  |  | — |  |  | 60,155 |  |  | — |
Net loss | $ | (66,677 | ) |  | $ | (58,398 | ) |  | $ | (1,757 | ) |  | $ | 60,155 |  |  | $ | (66,677 | )
Condensed Consolidating Statement of Operations Three Months Ended August 31, 2013 (in thousands)
| KB Home Corporate |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Total
Revenues | $ | — |  |  | $ | 480,069 |  |  | $ | 68,905 |  |  | $ | — |  |  | $ | 548,974 |
Homebuilding: |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 480,069 |  |  | $ | 65,731 |  |  | $ | — |  |  | $ | 545,800 |
Construction and land costs | — |  |  | (390,567 | ) |  | (55,814 | ) |  | — |  |  | (446,381 | )
Selling, general and administrative expenses | (11,203 | ) |  | (43,691 | ) |  | (8,562 | ) |  | — |  |  | (63,456 | )
Operating income (loss) | (11,203 | ) |  | 45,811 |  |  | 1,355 |  |  | — |  |  | 35,963 |
Interest income | 178 |  |  | 15 |  |  | — |  |  | — |  |  | 193 |
Interest expense | 19,646 |  |  | (28,778 | ) |  | (2,194 | ) |  | — |  |  | (11,326 | )
Equity in income (loss) of unconsolidated joint ventures | — |  |  | (657 | ) |  | 1 |  |  | — |  |  | (656 | )
Homebuilding pretax income (loss) | 8,621 |  |  | 16,391 |  |  | (838 | ) |  | — |  |  | 24,174 |
Financial services pretax income | — |  |  | — |  |  | 2,404 |  |  | — |  |  | 2,404 |
Total pretax income | 8,621 |  |  | 16,391 |  |  | 1,566 |  |  | — |  |  | 26,578 |
Income tax benefit | 200 |  |  | 500 |  |  | — |  |  | — |  |  | 700 |
Equity in net income of subsidiaries | 18,457 |  |  | — |  |  | — |  |  | (18,457 | ) |  | — |
Net income | $ | 27,278 |  |  | $ | 16,891 |  |  | $ | 1,566 |  |  | $ | (18,457 | ) |  | $ | 27,278 |
Revised Condensed Consolidating Statement of Operations Three Months Ended August 31, 2012 (in thousands)
| KB Home Corporate |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Total
Revenues | $ | — |  |  | $ | 380,165 |  |  | $ | 44,339 |  |  | $ | — |  |  | $ | 424,504 |
Homebuilding: |  |  |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 380,165 |  |  | $ | 41,390 |  |  | $ | — |  |  | $ | 421,555 |
Construction and land costs | — |  |  | (313,469 | ) |  | (37,887 | ) |  | — |  |  | (351,356 | )
Selling, general and administrative expenses | (16,546 | ) |  | (37,705 | ) |  | (5,081 | ) |  | — |  |  | (59,332 | )
Operating income (loss) | (16,546 | ) |  | 28,991 |  |  | (1,578 | ) |  | — |  |  | 10,867 |
Interest income | 107 |  |  | (1,925 | ) |  | 1,935 |  |  | — |  |  | 117 |
Interest expense | 6,096 |  |  | (27,616 | ) |  | (1,540 | ) |  | — |  |  | (23,060 | )
Equity in income of unconsolidated joint ventures | — |  |  | 277 |  |  | 1 |  |  | — |  |  | 278 |
Homebuilding pretax loss | (10,343 | ) |  | (273 | ) |  | (1,182 | ) |  | — |  |  | (11,798 | )
Financial services pretax income | — |  |  | — |  |  | 4,359 |  |  | — |  |  | 4,359 |
Total pretax income (loss) | (10,343 | ) |  | (273 | ) |  | 3,177 |  |  | — |  |  | (7,439 | )
Income tax benefit (expense) | 14,900 |  |  | 400 |  |  | (4,600 | ) |  | — |  |  | 10,700 |
Equity in net loss of subsidiaries | (1,296 | ) |  | — |  |  | — |  |  | 1,296 |  |  | — |
Net income (loss) | $ | 3,261 |  |  | $ | 127 |  |  | $ | (1,423 | ) |  | $ | 1,296 |  |  | $ | 3,261 |
Schedule of Financial Services Assets and Liabilities |
| August 31, 2013 |  | November 30, 2012
Assets |  |  |
Cash and cash equivalents | $ | 3,151 |  |  | $ | 923 |
Receivables | 1,336 |  |  | 1,859 |
Investments in unconsolidated joint ventures | 5,496 |  |  | 1,630 |
Other assets | 52 |  |  | 43 |
Total assets | $ | 10,035 |  |  | $ | 4,455 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 2,865 |  |  | $ | 3,188 |
Total liabilities | $ | 2,865 |  |  | $ | 3,188 |
Financial services [Member] |
Segment Reporting Information [Line Items] |
Schedule of Financial Services Income (Loss) | The following tables present financial information relating to our financial services reporting segment (in thousands):
| Nine Months Ended August 31, |  | Three Months Ended August 31,
| 2013 |  | 2012 |  | 2013 |  | 2012
Revenues |  |  |  |  |  |  |
Insurance commissions | $ | 4,677 |  |  | $ | 4,594 |  |  | $ | 1,887 |  |  | $ | 1,840 |
Title services | 2,165 |  |  | 1,535 |  |  | 836 |  |  | 657 |
Marketing services fees | 1,350 |  |  | 1,725 |  |  | 450 |  |  | 450 |
Interest income | 3 |  |  | 5 |  |  | 1 |  |  | 2 |
Total | 8,195 |  |  | 7,859 |  |  | 3,174 |  |  | 2,949 |
Expenses |  |  |  |  |  |  |
General and administrative | (2,235 | ) |  | (2,237 | ) |  | (764 | ) |  | (709 | )
Operating income | 5,960 |  |  | 5,622 |  |  | 2,410 |  |  | 2,240 |
Equity in income (loss) of unconsolidated joint ventures | 1,081 |  |  | 2,208 |  |  | (6 | ) |  | 2,119 |
Pretax income | $ | 7,041 |  |  | $ | 7,830 |  |  | $ | 2,404 |  |  | $ | 4,359 |

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