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Financial Services | 9 Months Ended
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Aug. 31, 2014
Segment Reporting [Abstract] |
Segment Information | Financial Services 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,
|  | 2014 |  | 2013 |  | 2014 |  | 2013
Revenues |  |  |  |  |  |  |  |
Insurance commissions |  | $ | 4,364 |  |  | $ | 4,677 |  |  | $ | 1,832 |  |  | $ | 1,887 |
Title services |  | 2,503 |  |  | 2,165 |  |  | 904 |  |  | 836 |
Marketing services fees |  | 1,147 |  |  | 1,350 |  |  | 247 |  |  | 450 |
Interest income |  | — |  |  | 3 |  |  | — |  |  | 1 |
Total |  | 8,014 |  |  | 8,195 |  |  | 2,983 |  |  | 3,174 |
Expenses |  |  |  |  |  |  |  |
General and administrative |  | (2,563 | ) |  | (2,235 | ) |  | (859 | ) |  | (764 | )
Operating income |  | 5,451 |  |  | 5,960 |  |  | 2,124 |  |  | 2,410 |
Equity in income (loss) of unconsolidated joint ventures (a) |  | (289 | ) |  | 1,081 |  |  | (277 | ) |  | (6 | )
Pretax income |  | $ | 5,162 |  |  | $ | 7,041 |  |  | $ | 1,847 |  |  | $ | 2,404 |
(a) | Equity in loss of unconsolidated joint ventures for the three months and nine months ended August 31, 2014 primarily related to HCM. Equity in income of unconsolidated joint ventures for the nine months ended August 31, 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.
| August 31, 2014 |  | November 30, 2013
Assets |  |  |
Cash and cash equivalents | $ | 1,950 |  |  | $ | 2,428 |
Receivables | 956 |  |  | 2,084 |
Investments in unconsolidated joint ventures | 5,180 |  |  | 5,490 |
Other assets | 277 |  |  | 38 |
Total assets | $ | 8,363 |  |  | $ | 10,040 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 1,802 |  |  | $ | 2,593 |
Total liabilities | $ | 1,802 |  |  | $ | 2,593 |

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