Financial Services

12 Months Ended

Nov. 30, 2020

Segment Reporting [Abstract]

Financial Services

Financial Services

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

	Years Ended November 30,
	2020		2019		2018
Revenues
Insurance commissions	$	8,589	$	8,662	$	7,535
Title services	6,883		6,421		5,672
Interest income	—		6		—
Total	15,472		15,089		13,207
Expenses
General and administrative	(4,083)		(4,333)		(3,844)
Operating income	11,389		10,756		9,363
Equity in income of unconsolidated joint ventures	21,154		12,230		7,301
Pretax income	$	32,543	$	22,986	$	16,664

	November 30,
	2020		2019
Assets
Cash and cash equivalents	$	1,339	$	1,044
Receivables	1,988		2,232
Investments in unconsolidated joint ventures	10,978		14,374
Other assets (a)	21,897		20,746
Total assets	$	36,202	$	38,396
Liabilities
Accounts payable and accrued expenses	$	2,629	$	2,058
Total liabilities	$	2,629	$	2,058

(a)Other assets at November 30, 2020 and 2019 included $21.5 million and $20.6 million, respectively, of contract assets for estimated future renewal commissions.