XML 1117 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
Nov. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Statements of operations of unconsolidated joint ventures
The following table presents combined condensed information from the statements of operations of our unconsolidated joint ventures (in thousands):
 
Years Ended November 30,
 
2014
 
2013
 
2012
Revenues
$
12,538

 
$
17,446

 
$
31,772

Construction and land costs
(10,790
)
 
(10,709
)
 
(21,467
)
Other expenses, net
(1,476
)
 
(4,042
)
 
(2,009
)
Income
$
272

 
$
2,695

 
$
8,296

Balance sheets of unconsolidated joint ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
November 30,
 
2014
 
2013
Assets
 
 
 
Cash
$
23,699

 
$
18,752

Receivables
5,106

 
4,902

Inventories
153,427

 
381,195

Other assets

 
1,183

Total assets
$
182,232

 
$
406,032

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
10,824

 
$
85,386

Equity
171,408

 
320,646

Total liabilities and equity
$
182,232

 
$
406,032

Information related investments in unconsolidated joint ventures
The following table presents additional information relating to our investments in unconsolidated joint ventures (dollars in thousands):
 
November 30,
 
2014
 
2013
Number of investments in unconsolidated joint ventures
6

 
9

Investments in unconsolidated joint ventures
$
79,441

 
$
130,192

Number of unconsolidated joint venture lots controlled under land option contracts and other similar contracts
618

 
5,367