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Inventories (Tables) | 12 Months Ended
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Nov. 30, 2018
Inventory Disclosure [Abstract] |
Inventories | Inventories consisted of the following (in thousands):
| November 30,
| 2018 |  | 2017
Homes under construction | $ | 1,125,152 |  |  | $ | 1,236,848 |
Land under development | 2,219,936 |  |  | 1,651,339 |
Land held for future development or sale (a) | 237,751 |  |  | 375,199 |
Total | $ | 3,582,839 |  |  | $ | 3,263,386 |
Interest costs | Our interest costs were as follows (in thousands):
| Years Ended November 30,
| 2018 |  | 2017 |  | 2016
Capitalized interest at beginning of year | $ | 262,191 |  |  | $ | 306,723 |  |  | $ | 288,442 |
Interest incurred (a) | 149,698 |  |  | 177,171 |  |  | 185,466 |
Interest expensed (a) | — |  |  | (6,307 | ) |  | (5,900 | )
Interest amortized to construction and land costs (b) | (202,760 | ) |  | (215,396 | ) |  | (161,285 | )
Capitalized interest at end of year (c) | $ | 209,129 |  |  | $ | 262,191 |  |  | $ | 306,723 |
(a) | Interest incurred and interest expensed for the year ended November 30, 2017 included a charge of $5.7 million for the early extinguishment of debt.
(b) | Interest amortized to construction and land costs for the years ended November 30, 2018, 2017 and 2016 included $4.8 million, $4.9 million and $.7 million, respectively, related to land sales during the periods.
(c) | 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.

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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