XML 130 R41.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Investments in Unconsolidated Joint Ventures (Tables) | 12 Months Ended
--- | ---
Nov. 30, 2019
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):
| Years Ended November 30,
| 2019 |  | 2018 |  | 2017
Revenues | $ | 23,676 |  |  | $ | 59,418 |  |  | $ | 47,431 |
Construction and land costs | (23,659 | ) |  | (46,288 | ) |  | (47,459 | )
Other expenses, net | (2,644 | ) |  | (2,674 | ) |  | (4,749 | )
Income (loss) | $ | (2,627 | ) |  | $ | 10,456 |  |  | $ | (4,777 | )
Balance sheets of unconsolidated joint ventures | The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
| November 30,
| 2019 |  | 2018
Assets |  |  |
Cash | $ | 23,965 |  |  | $ | 18,567 |
Receivables | 12 |  |  | 9 |
Inventories | 139,536 |  |  | 131,074 |
Other assets | 780 |  |  | 521 |
Total assets | $ | 164,293 |  |  | $ | 150,171 |
Liabilities and equity |  |  |
Accounts payable and other liabilities | $ | 13,282 |  |  | $ | 11,374 |
Notes payable (a) | 40,672 |  |  | 17,956 |
Equity | 110,339 |  |  | 120,841 |
Total liabilities and equity | $ | 164,293 |  |  | $ | 150,171 |
(a) As of November 30, 2019 and 2018, we had investments in five and six unconsolidated joint ventures, respectively, one of which had a construction loan agreement with a third-party lender to finance its land development activities. The outstanding debt is secured by the corresponding underlying property and related project assets and is non-recourse to us. All of the outstanding secured debt at November 30, 2019 is scheduled to mature in February 2020. However, the loan agreement provides for two-12 month extensions beyond this date. None of our other unconsolidated joint ventures had outstanding debt at November 30, 2019 or 2018.

X
- Definition Balance Sheets of Unconsolidated Joint ventures. + References No definition available. + Details
Name: | kbh_BalanceSheetsofUnconsolidatedJointVenturesTableTextBlock
Namespace Prefix: | kbh_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Statements of operations of unconsolidated joint ventures. + References No definition available. + Details
Name: | kbh_StatementsOfOperationsOfUnconsolidatedJointVenturesTableTextBlock
Namespace Prefix: | kbh_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration