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Notes Payable (Tables)
12 Months Ended
Nov. 30, 2014
Debt Disclosure [Abstract]  
Mortgages and Notes Payable
Notes payable consisted of the following (in thousands):
 
November 30,
 
2014
 
2013
Mortgages and land contracts due to land sellers and other loans (at interest rates of 5% to 7% at November 30, 2014 and 7% at November 30, 2013)
$
38,250

 
$
13,615

6 1/4% Senior notes due June 15, 2015
199,891

 
199,864

9.10% Senior notes due September 15, 2017
262,729

 
262,048

7 1/4% Senior notes due June 15, 2018
299,402

 
299,261

4.75% Senior notes due May 15, 2019
400,000

 

8.00% Senior notes due March 15, 2020
346,253

 
345,710

7.00% Senior notes due December 15, 2021
450,000

 
450,000

7.50% Senior notes due September 15, 2022
350,000

 
350,000

1.375% Convertible senior notes due February 1, 2019
230,000

 
230,000

Total
$
2,576,525

 
$
2,150,498

The key terms of each of our senior notes and convertible senior notes outstanding as of November 30, 2014 are as follows (dollars in thousands):
 
 
 
 
 
 
 
 
Redeemable Prior to Maturity
 
Effective Interest Rate
 
 
 
 
 
 
 
 
 
Notes Payable
 
Principal
 
Issuance Date
 
Maturity Date
 
 
6 1/4% Senior notes
 
$
199,906

 
June 2, 2005
 
June 15, 2015
 
Yes (a)
 
6.3
%
9.10% Senior notes
 
265,000

 
July 30, 2009
 
September 15, 2017
 
Yes (a)
 
9.5

7 1/4% Senior notes
 
300,000

 
April 3, 2006
 
June 15, 2018
 
Yes (a)
 
7.3

4.75% Senior notes
 
400,000

 
March 25, 2014
 
May 15, 2019
 
Yes (b)
 
4.8

8.00% Senior notes
 
350,000

 
February 7, 2012
 
March 15, 2020
 
Yes (a)
 
8.3

7.00% Senior notes
 
450,000

 
October 29, 2013
 
December 15, 2021
 
Yes (b)
 
7.0

7.50% Senior notes
 
350,000

 
July 31, 2012
 
September 15, 2022
 
Yes (a)
 
7.5

1.375% Convertible senior notes
 
230,000

 
January 29, 2013
 
February 1, 2019
 
Yes (c)
 
1.4