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Inventories (Tables)
9 Months Ended
Aug. 31, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consisted of the following (in thousands):
August 31,
2024
November 30,
2023
Homes completed or under construction$2,316,960 $2,106,149 
Land under development3,331,970 3,027,497 
Total$5,648,930 $5,133,646 
Schedule of Capitalized Interest Costs
Our interest costs were as follows (in thousands):
 Three Months Ended August 31,Nine Months Ended August 31,
 2024202320242023
Capitalized interest at beginning of period$131,765 $141,225 $134,375 $145,494 
Interest incurred 26,583 26,810 79,665 80,609 
Interest amortized to construction and land costs (a)
(28,180)(29,305)(83,872)(87,373)
Capitalized interest at end of period$130,168 $138,730 $130,168 $138,730 
(a)Interest amortized to construction and land costs for the nine-month period ended August 31, 2024 and the three-month and nine-month periods ended August 31, 2023 included $.2 million related to land sales. There was no interest amortized to construction and land costs related to land sales for the three-month period ended August 31, 2024.