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Accrued Expenses and Other Liabilities
3 Months Ended
Feb. 29, 2020
Payables and Accruals [Abstract]  
Accrued Expenses and Other Liabilities
Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consisted of the following (in thousands):
 
February 29,
2020
 
November 30,
2019
Self-insurance and other legal liabilities
$
231,299

 
$
229,483

Employee compensation and related benefits
114,379

 
163,646

Warranty liability
90,213

 
88,839

Accrued interest payable
36,435

 
32,507

Inventory-related obligations (a)
34,130

 
26,264

Lease liabilities
33,538

 

Customer deposits
32,888

 
22,382

Real estate and business taxes
11,870

 
14,872

Other
36,806

 
40,790

Total
$
621,558

 
$
618,783


(a)
Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with tax increment financing entity (“TIFE”) assessments. As homes are delivered, our 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.