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Inventories (Tables)
9 Months Ended
Aug. 31, 2014
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consisted of the following (in thousands):
 
 
August 31,
2014
 
November 30, 2013
Homes under construction
 
$
982,605

 
$
586,439

Land under development
 
1,641,001

 
1,066,916

Land held for future development
 
616,714

 
645,222

Total
 
$
3,240,320

 
$
2,298,577

Schedule of Capitalized Interest Costs
Our interest costs are as follows (in thousands):
 
 
Nine Months Ended August 31,
 
Three Months Ended August 31,
 
 
2014
 
2013
 
2014
 
2013
Capitalized interest at beginning of period
 
$
216,681

 
$
217,684

 
$
241,583

 
$
215,577

Interest incurred
 
127,041

 
102,256

 
44,603

 
34,345

Interest expensed
 
(26,289
)
 
(41,073
)
 
(6,455
)
 
(11,326
)
Interest amortized to construction and land costs
 
(59,471
)
 
(62,943
)
 
(21,769
)
 
(22,672
)
Capitalized interest at end of period (a)
 
$
257,962

 
$
215,924

 
$
257,962

 
$
215,924


(a)
Capitalized interest amounts presented in the table reflect the gross amount of capitalized interest, as inventory impairment charges recognized, if any, are not generally allocated to specific components of inventory.