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Accrued Expenses and Other Liabilities (Tables)
6 Months Ended
May 31, 2021
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consisted of the following (in thousands):
May 31,
2021
November 30,
2020
Self-insurance and other legal liabilities$230,449 $232,556 
Employee compensation and related benefits148,564 165,342 
Warranty liability95,853 91,646 
Customer deposits52,878 26,243 
Lease liabilities34,252 37,668 
Accrued interest payable31,805 31,641 
Inventory-related obligations (a)25,647 31,094 
Real estate and business taxes10,087 14,249 
Other36,155 37,062 
Total
$665,690 $667,501 
(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.