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Investments in Unconsolidated Joint Ventures (Tables)
 9 Months Ended
Aug. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Statements of Operations of Unconsolidated Joint Ventures
The following table presents combined condensed information from the statements of operations of our unconsolidated joint ventures (in thousands):
 
Nine Months Ended August 31,
 
Three Months Ended August 31,
 
2014
 
2013
 
2014
 
2013
Revenues
$
6,118

 
$
11,908

 
$
—

 
$
5,552

Construction and land costs
(3,523
)
 
(7,391
)
 
—

 
(3,463
)
Other expense, net
(3,088
)
 
(3,074
)
 
(1,050
)
 
(1,183
)
Income (loss)
$
(493
)
 
$
1,443

 
$
(1,050
)
 
$
906
Balance Sheets of Unconsolidated Joint Ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
August 31,
2014
 
November 30,
2013
Assets
 
 
 
Cash
$
22,040

 
$
18,752

Receivables
4,872

 
4,902

Inventories
148,899

 
381,195

Other assets
149

 
1,183

Total assets
$
175,960

 
$
406,032

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
11,973

 
$
85,386

Equity
163,987

 
320,646

Total liabilities and equity
$
175,960

 
$
406,032
Information Related Investments in Unconsolidated Joint Ventures
The following table presents information relating to our investments in unconsolidated joint ventures (dollars in thousands):
 
August 31,
2014
 
November 30,
2013
Number of investments in unconsolidated joint ventures
7

 
9

Investments in unconsolidated joint ventures
$
73,607

 
$
130,192

Number of unconsolidated joint venture lots controlled under land option contracts and other similar contracts
678

 
5,367