Financial Services

9 Months Ended

Aug. 31, 2015

Segment Reporting [Abstract]

Financial Services

Financial Services

The following tables present financial information relating to our financial services reporting segment (in thousands):

	Nine Months Ended August 31,				Three Months Ended August 31,
	2015		2014		2015		2014
Revenues
Insurance commissions	$	4,581	$	4,364	$	1,857	$	1,832
Title services	2,769		2,503		1,096		904
Marketing services fees	—		1,147		—		247
Interest income	1		—		—		—
Total	7,351		8,014		2,953		2,983

	Nine Months Ended August 31,						Three Months Ended August 31,
	2015			2014			2015			2014
Expenses
General and administrative	$	(2,802	)	$	(2,563	)	$	(910	)	$	(859	)
Operating income	4,549			5,451			2,043			2,124
Equity in income (loss) of unconsolidated joint ventures	3,023			(289		)	658			(277		)
Pretax income	$	7,572		$	5,162		$	2,701		$	1,847

	August 31, 2015		November 30, 2014
Assets
Cash and cash equivalents	$	1,927	$	2,402
Receivables	846		1,738
Investments in unconsolidated joint ventures	9,171		6,149
Other assets	91		197
Total assets	$	12,035	$	10,486
Liabilities
Accounts payable and accrued expenses	$	1,776	$	2,517
Total liabilities	$	1,776	$	2,517