Accrued Expenses and Other Liabilities (Tables)

12 Months Ended

Nov. 30, 2015

Payables and Accruals [Abstract]

Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consisted of the following (in thousands):

	November 30,
	2015		2014
Inventory-related obligations (a)	$	148,887	$	52,009
Employee compensation and related benefits	114,456		113,875
Self-insurance and other litigation liabilities	96,496		89,606
Accrued interest payable	62,645		63,275
Warranty liability	49,085		45,196
Customer deposits	14,563		15,197
Real estate and business taxes	14,255		13,684
Other	13,027		17,040
Total	$	513,414	$	409,882

(a) Represents liabilities for inventory not owned associated with financing arrangements discussed in Note 8. Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with TIFE assessments. As homes are delivered, the obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes on applicable lots before the related TIFE obligations mature.