Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Nov. 30, 2015	Nov. 30, 2014	Nov. 30, 2013
Cash flows from operating activities:
Net income (loss)	$ 84,643	$ 918,349	$ 39,963
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in (income) loss of unconsolidated joint ventures	(2,488)	(1,427)	933
Distributions of earnings from unconsolidated joint ventures	0	364	1,949
Amortization of discounts and issuance costs	7,738	7,124	5,347
Depreciation and amortization	3,411	2,420	1,857
Deferred income taxes	43,036	(825,232)	0
Loss on early extinguishment of debt	0	0	10,448
Excess tax benefits from stock-based compensation	(157)	0	0
Stock-based compensation	17,143	9,099	5,699
Inventory impairments and land option contract abandonments	9,591	39,431	3,581
Changes in assets and liabilities:
Receivables	(20,463)	(31,283)	(11,153)
Inventories	34,852	(780,131)	(563,189)
Accounts payable, accrued expenses and other liabilities	1,991	35,504	59,763
Other, net	1,888	(4,909)	1,316
Net cash provided by (used in) operating activities	181,185	(630,691)	(443,486)
Cash flows from investing activities:
Contributions to unconsolidated joint ventures	(20,626)	(49,097)	(14,359)
Return of investments in unconsolidated joint ventures	14,000	0	0
Proceeds from sale of investment in unconsolidated joint venture	0	10,110	0
Purchases of property and equipment, net	(4,677)	(5,795)	(2,391)
Net cash used in investing activities	(11,303)	(44,782)	(16,750)
Cash flows from financing activities:
Change in restricted cash	17,891	14,671	456
Proceeds from issuance of debt	250,000	400,000	680,000
Payment of debt issuance costs	(4,561)	(5,448)	(16,525)
Repayment of senior notes	(199,906)	0	(225,394)
Payments on mortgages and land contracts due to land sellers and other loans	(22,877)	(36,918)	(66,296)
Proceeds from issuance of common stock, net	0	137,045	109,503
Issuance of common stock under employee stock plans	740	1,896	2,181
Excess tax benefits from stock-based compensation	157	0	0
Payments of cash dividends	(9,186)	(8,982)	(8,366)
Stock repurchases	(567)	(546)	(8,488)
Net cash provided by financing activities	31,691	501,718	467,071
Net increase (decrease) in cash and cash equivalents	201,573	(173,755)	6,835
Cash and cash equivalents at beginning of year	358,768	532,523	525,688
Cash and cash equivalents at end of year	$ 560,341	$ 358,768	$ 532,523