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Accrued Expenses and Other Liabilities
3 Months Ended
Feb. 28, 2014
Payables and Accruals [Abstract]  
Accrued Expenses and Other Liabilities
Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consisted of the following (in thousands):
 
February 28,
2014
 
November 30,
2013
Self-insurance and other litigation liabilities
$
94,939

 
$
99,612

Employee compensation and related benefits
87,519

 
99,332

Accrued interest payable
64,971

 
45,562

Inventory-related obligations (a)
62,748

 
29,517

Warranty liability
43,419

 
48,704

Real estate and business taxes
6,106

 
8,131

Other
26,383

 
25,318

Total
$
386,085

 
$
356,176


(a)
The increase in inventory-related obligations at February 28, 2014, compared to November 30, 2013, reflected a $33.2 million liability we recorded for fixed or determinable amounts associated with tax increment financing entities (“TIFE”) in connection with the distribution of land we received from Inspirada during the three months ended February 28, 2014. As homes are delivered, the obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes to homebuyers on the applicable lots before the related TIFE obligations mature.