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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Cash flows from operating activities:    
Net loss $ 10,563 $ (12,458)
Adjustments to reconcile net loss to net cash used in operating activities:    
Equity in income (loss) of unconsolidated joint venture (2,584) (656)
Distributions of earnings from unconsolidated joint ventures 0 1,438
Amortization of discounts and issuance costs 1,600 971
Depreciation and amortization 467 465
Stock-based compensation 1,779 1,013
Land Option Contract Abandonment Charges 433 0
Change in assets and liabilities:    
Receivables (10,221) 326
Inventories (205,037) (198,761)
Accounts payable, accrued expenses and other liabilities (14,514) (2,413)
Other, net (3,549) (957)
Net cash used in operating activities (221,063) (211,032)
Cash flows from investing activities:    
Return of investments in (contributions to) unconsolidated joint ventures (8,618) (304)
Proceeds from Sale of Equity Method Investments 10,110 0
Purchases of property and equipment, net (1,576) (430)
Net cash provided by (used in) investing activities (84) (734)
Cash flows from financing activities:    
Change in restricted cash (177) (2,257)
Proceeds from issuance of debt 0 230,000
Payment of debt issuance costs 0 (6,878)
Payments on mortgages and land contracts due to land sellers and other loans (2,655) (17,003)
Proceeds from issuance of common stock, net 0 109,811
Issuance of common stock under employee stock plans 0 52
Payments of cash dividends (2,094) (2,089)
Net cash provided by (used in) financing activities (4,926) 311,636
Net increase (decrease) in cash and cash equivalents (226,073) 99,870
Cash and cash equivalents at beginning of period 532,523 525,688
Cash and cash equivalents at end of period $ 306,450 $ 625,558