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Financial Services | 3 Months Ended
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Feb. 28, 2014
Segment Reporting [Abstract] |
Financial Services | Financial Services The following tables present financial information relating to our financial services reporting segment (in thousands):
| Three Months Ended February 28,
| 2014 |  | 2013
Revenues |  |  |
Insurance commissions | $ | 1,262 |  |  | $ | 1,303 |
Title services | 708 |  |  | 649 |
Marketing services fees | 450 |  |  | 450 |
Interest income | — |  |  | 1 |
Total | 2,420 |  |  | 2,403 |
Expenses |  |  |
General and administrative | (852 | ) |  | (835 | )
Operating income | 1,568 |  |  | 1,568 |
Equity in income (loss) of unconsolidated joint ventures (a) | (6 | ) |  | 1,091 |
Pretax income | $ | 1,562 |  |  | $ | 2,659 |
(a) | The equity in income of unconsolidated joint ventures in 2013 related to the wind down of KBA Mortgage, LLC (“KBA Mortgage”), our unconsolidated mortgage banking joint venture with a subsidiary of Bank of America, N.A., which ceased offering mortgage banking services in 2011.
| February 28, 2014 |  | November 30, 2013
Assets |  |  |
Cash and cash equivalents | $ | 3,181 |  |  | $ | 2,428 |
Receivables | 699 |  |  | 2,084 |
Investments in unconsolidated joint ventures | 5,484 |  |  | 5,490 |
Other assets | 22 |  |  | 38 |
Total assets | $ | 9,386 |  |  | $ | 10,040 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 2,350 |  |  | $ | 2,593 |
Total liabilities | $ | 2,350 |  |  | $ | 2,593 |

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