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Investments in Unconsolidated Joint Ventures (Tables) | 3 Months Ended
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Feb. 28, 2022
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 for our unconsolidated joint ventures (in thousands):
| Three Months Ended February 28, |  |
| 2022 |  | 2021 |  |  |  |
Revenues | $ | 2,850 |  |  | $ | 9,691 |  |  |  |  |
Construction and land costs | (2,299) |  |  | (8,125) |  |  |  |  |
Other expense, net | (430) |  |  | (879) |  |  |  |  |
Income | $ | 121 |  |  | $ | 687 |  |  |  |  |
Balance Sheets of Unconsolidated Joint Ventures | The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
| February 28, 2022 |  | November 30, 2021
Assets |  |  |
Cash | $ | 21,281 |  |  | $ | 15,731 |
Receivables | 872 |  |  | 795 |
Inventories | 67,472 |  |  | 64,034 |
Other assets | 47 |  |  | 50 |
Total assets | $ | 89,672 |  |  | $ | 80,610 |
Liabilities and equity |  |  |
Accounts payable and other liabilities | $ | 16,135 |  |  | $ | 12,285 |
Equity | 73,537 |  |  | 68,325 |
Total liabilities and equity | $ | 89,672 |  |  | $ | 80,610 |

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