PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Nov. 30, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following as of November 30, (in thousands):



	2012		2013
Land and leasehold improvements	$	241,393	$	246,138
Buildings, grandstands and motorsports entertainment facilities	1,541,276		1,520,405
Furniture and equipment	175,443		169,979
Construction in progress	105,128		87,318
	2,063,240		2,023,840
Less accumulated depreciation	701,054		746,864
	$	1,362,186	$	1,276,976

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details