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Investments in Unconsolidated Joint Ventures (Tables)
6 Months Ended
May. 31, 2015
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):
 
Six Months Ended May 31,
 
Three Months Ended May 31,
 
2015
 
2014
 
2015
 
2014
Revenues
$
6,420

 
$
6,118

 
$
3,210

 
$

Construction and land costs
(13,992
)
 
(3,523
)
 
(10,249
)
 

Other expense, net
(1,411
)
 
(2,038
)
 
(715
)
 
(908
)
Income (loss)
$
(8,983
)
 
$
557

 
$
(7,754
)
 
$
(908
)
Balance Sheets of Unconsolidated Joint Ventures
The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
 
May 31,
2015
 
November 30,
2014
Assets
 
 
 
Cash
$
14,133

 
$
23,699

Receivables
5,923

 
5,106

Inventories
161,015

 
153,427

Total assets
$
181,071

 
$
182,232

Liabilities and equity
 
 
 
Accounts payable and other liabilities
$
17,420

 
$
10,824

Equity
163,651

 
171,408

Total liabilities and equity
$
181,071

 
$
182,232

Information Related Investments in Unconsolidated Joint Ventures
The following table presents information relating to our investments in unconsolidated joint ventures (dollars in thousands):
 
May 31,
2015
 
November 30,
2014
Number of investments in unconsolidated joint ventures
6

 
6

Investments in unconsolidated joint ventures
$
77,935

 
$
79,441

Number of unconsolidated joint venture lots controlled under land option contracts and other similar contracts
454

 
618