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Inventories (Tables) | 12 Months Ended
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Nov. 30, 2020
Inventory Disclosure [Abstract] |
Inventories | Inventories consisted of the following (in thousands):
| November 30,
| 2020 |  | 2019
Homes under construction | $ | 1,437,911 |  |  | $ | 1,340,412 |
Land under development | 2,459,571 |  |  | 2,364,190 |
Total | $ | 3,897,482 |  |  | $ | 3,704,602 |
Interest costs | Our interest costs were as follows (in thousands):
| Years Ended November 30,
| 2020 |  | 2019 |  | 2018
Capitalized interest at beginning of year | $ | 195,738 |  |  | $ | 209,129 |  |  | $ | 262,191 |
Interest incurred | 124,147 |  |  | 143,412 |  |  | 149,698 |
Interest amortized to construction and land costs (a) | (129,772) |  |  | (156,803) |  |  | (202,760) |
Capitalized interest at end of year (b) | $ | 190,113 |  |  | $ | 195,738 |  |  | $ | 209,129 |
(a)Interest amortized to construction and land costs for the years ended November 30, 2020, 2019 and 2018 included $.4 million, $.7 million and $4.8 million, respectively, related to land sales during the periods. (b)Capitalized interest amounts 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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