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Inventories (Tables) | 3 Months Ended
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Feb. 28, 2025
Inventory Disclosure [Abstract] |
Schedule of Inventories | Inventories consisted of the following (in thousands):
| February 28, 2025 |  | November 30, 2024
Homes completed or under construction | $ | 1,957,426 |  |  | $ | 1,990,113 |
Land under development | 3,985,121 |  |  | 3,537,907 |
Total | $ | 5,942,547 |  |  | $ | 5,528,020 |
Schedule of Capitalized Interest Costs | Our interest costs were as follows (in thousands):
| Three Months Ended |  |
| February 28, 2025 |  | February 29, 2024 |  |  |  |
Capitalized interest at beginning of period | $ | 122,387 |  |  | $ | 134,375 |  |  |  |  |
Interest incurred | 26,392 |  |  | 26,505 |  |  |  |  |
Interest amortized to construction and land costs (a) | (23,423) |  |  | (26,503) |  |  |  |  |
Capitalized interest at end of period | $ | 125,356 |  |  | $ | 134,377 |  |  |  |  |
(a)Interest amortized to construction and land costs for the three months ended February 29, 2024 included a nominal amount related to land sales during the period.

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