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Financial Services (Tables) | 3 Months Ended
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Feb. 28, 2025
Segment Reporting Information [Line Items] |
Schedule of Financial Services Income (Loss) | The following tables present financial information relating to our financial services reporting segment (in thousands):
| Three Months Ended |  |
| February 28, 2025 |  | February 29, 2024 |  |  |  |
Revenues |  |  |  |  |  |  |
Insurance commissions | $ | 2,561 |  |  | $ | 3,592 |  |  |  |  |
Title services | 2,175 |  |  | 2,476 |  |  |  |  |
Total | 4,736 |  |  | 6,068 |  |  |  |  |
Expenses |  |  |  |  |  |  |
General and administrative | (1,539) |  |  | (1,546) |  |  |  |  |
Operating income | 3,197 |  |  | 4,522 |  |  |  |  |
Equity in income of unconsolidated joint venture | 4,329 |  |  | 7,055 |  |  |  |  |
Pretax income | $ | 7,526 |  |  | $ | 11,577 |  |  |  |  |
Financial services |
Segment Reporting Information [Line Items] |
Schedule of Financial Services Assets and Liabilities |
| February 28, 2025 |  | November 30, 2024
Assets |  |  |
Cash and cash equivalents | $ | 1,625 |  |  | $ | 1,220 |
Receivables | 3,605 |  |  | 5,407 |
Investment in unconsolidated joint venture | 18,326 |  |  | 21,997 |
Other assets (a) | 38,584 |  |  | 38,299 |
Total assets | $ | 62,140 |  |  | $ | 66,923 |
| February 28, 2025 |  | November 30, 2024
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 2,286 |  |  | $ | 2,719 |
Total liabilities | $ | 2,286 |  |  | $ | 2,719 |
(a)Other assets at February 28, 2025 and November 30, 2024 included $38.5 million and $38.2 million, respectively, of contract assets for estimated future renewal commissions.

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