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Financial Services (Tables) | 6 Months Ended
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May 31, 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 May 31, |  | Six Months Ended May 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenues |  |  |  |  |  |  |
Insurance commissions | $ | 2,376 |  |  | $ | 5,402 |  |  | $ | 4,937 |  |  | $ | 8,994 |
Title services | 2,493 |  |  | 2,899 |  |  | 4,668 |  |  | 5,375 |
Total | 4,869 |  |  | 8,301 |  |  | 9,605 |  |  | 14,369 |
Expenses |  |  |  |  |  |  |
General and administrative | (1,570) |  |  | (1,473) |  |  | (3,109) |  |  | (3,019) |
Operating income | 3,299 |  |  | 6,828 |  |  | 6,496 |  |  | 11,350 |
Equity in income of unconsolidated joint venture | 4,862 |  |  | 6,435 |  |  | 9,191 |  |  | 13,490 |
Pretax income | $ | 8,161 |  |  | $ | 13,263 |  |  | $ | 15,687 |  |  | $ | 24,840 |
Financial services |
Segment Reporting Information [Line Items] |
Schedule of Financial Services Assets and Liabilities |
| May 31, 2025 |  | November 30, 2024
Assets |  |  |
Cash and cash equivalents | $ | 2,081 |  |  | $ | 1,220 |
Receivables | 3,380 |  |  | 5,407 |
Investment in unconsolidated joint venture | 17,632 |  |  | 21,997 |
Other assets (a) | 38,338 |  |  | 38,299 |
Total assets | $ | 61,431 |  |  | $ | 66,923 |
| May 31, 2025 |  | November 30, 2024
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 2,954 |  |  | $ | 2,719 |
Total liabilities | $ | 2,954 |  |  | $ | 2,719 |
(a)Other assets at May 31, 2025 and November 30, 2024 included $38.3 million and $38.2 million, respectively, of contract assets for estimated future renewal commissions.

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