XML 85 R63.htm IDEA: XBRL DOCUMENT v3.6.0.2
Investments in Unconsolidated Joint Ventures (Condensed Information of Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Nov. 30, 2014
Statements of Operations of Unconsolidated Joint Ventures      
Revenues $ 46,389 $ 15,322 $ 12,538
Equity Method Investment, Summarized Financial Information, Cost of Sales (50,566) (23,123) (10,790)
Other expense, net (4,465) (3,360) (1,476)
Income (loss) (8,642) (11,161) $ 272
Assets      
Cash 31,928 23,309  
Receivable 882 7,546  
Inventories 165,385 175,196  
Other assets 629 910  
Total assets 198,824 206,961  
Liabilities and equity      
Accounts payable and other liabilities 19,880 17,108  
Equity Method Investments Summarized Financial Information Debt [1] 44,381 39,064  
Equity 134,563 150,789  
Total liabilities and equity $ 198,824 $ 206,961  
[1] One of our unconsolidated joint ventures has a construction loan agreement with a third-party lender to finance its land development activities that is secured by the underlying property and related project assets. Outstanding debt under the agreement is non-recourse to us and is scheduled to mature in August 2018. None of our other unconsolidated joint ventures had outstanding debt at November 30, 2016 or 2015.