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Financial Services | 3 Months Ended
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Feb. 28, 2021
Segment Reporting [Abstract] |
Financial Services | Financial Services The following tables present financial information relating to our financial services reporting segment (in thousands):
|  | Three Months Ended |  |
|  | February 28, 2021 |  | February 29, 2020 |  |  |  |
Revenues |  |  |  |  |  |  |  |
Insurance commissions |  | $ | 1,848 |  |  | $ | 1,953 |  |  |  |  |
Title services |  | 1,882 |  |  | 1,600 |  |  |  |  |
Total |  | 3,730 |  |  | 3,553 |  |  |  |  |
Expenses |  |  |  |  |  |  |  |
General and administrative |  | (1,200) |  |  | (962) |  |  |  |  |
Operating income |  | 2,530 |  |  | 2,591 |  |  |  |  |
Equity in income of unconsolidated joint ventures |  | 5,970 |  |  | 3,222 |  |  |  |  |
Pretax income |  | $ | 8,500 |  |  | $ | 5,813 |  |  |  |  |
| Three Months Ended
| February 28, 2021 |  | November 30, 2020
Assets |  |  |
Cash and cash equivalents | $ | 1,166 |  |  | $ | 1,339 |
Receivables | 1,777 |  |  | 1,988 |
Investments in unconsolidated joint ventures | 11,197 |  |  | 10,978 |
Other assets (a) | 22,202 |  |  | 21,897 |
Total assets | $ | 36,342 |  |  | $ | 36,202 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 1,942 |  |  | $ | 2,629 |
Total liabilities | $ | 1,942 |  |  | $ | 2,629 |
(a)Other assets at February 28, 2021 and November 30, 2020 included $21.9 million and $21.5 million, respectively, of contract assets for estimated future renewal commissions.

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