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Financial Services | 6 Months Ended
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May 31, 2022
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 May 31, |  | Six Months Ended May 31,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Revenues |  |  |  |  |  |  |  |
Insurance commissions |  | $ | 2,596 |  |  | $ | 2,432 |  |  | $ | 5,114 |  |  | $ | 4,280 |
Title services |  | 2,637 |  |  | 2,425 |  |  | 4,738 |  |  | 4,307 |
Other |  | 3 |  |  | — |  |  | 19 |  |  | — |
Total |  | 5,236 |  |  | 4,857 |  |  | 9,871 |  |  | 8,587 |
Expenses |  |  |  |  |  |  |  |
General and administrative |  | (1,362) |  |  | (1,253) |  |  | (2,709) |  |  | (2,453) |
Operating income |  | 3,874 |  |  | 3,604 |  |  | 7,162 |  |  | 6,134 |
Equity in income of unconsolidated joint ventures |  | 14,807 |  |  | 7,044 |  |  | 19,955 |  |  | 13,014 |
Pretax income |  | $ | 18,681 |  |  | $ | 10,648 |  |  | $ | 27,117 |  |  | $ | 19,148 |
| May 31, 2022 |  | November 30, 2021
Assets |  |  |
Cash and cash equivalents | $ | 2,395 |  |  | $ | 1,372 |
Receivables | 2,452 |  |  | 2,166 |
Investments in unconsolidated joint ventures | 27,222 |  |  | 16,317 |
Other assets (a) | 25,697 |  |  | 24,347 |
Total assets | $ | 57,766 |  |  | $ | 44,202 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 3,275 |  |  | $ | 2,685 |
Total liabilities | $ | 3,275 |  |  | $ | 2,685 |
(a)Other assets at May 31, 2022 and November 30, 2021 included $25.5 million and $24.1 million, respectively, of contract assets for estimated future renewal commissions.

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- Definition Financial services. + References No definition available. + Details
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- References No definition available. + Details
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