Investments in Unconsolidated Joint Ventures (Tables)

9 Months Ended

Aug. 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

Statements of Operations of Unconsolidated Joint Ventures

The following table presents combined condensed information from the statements of operations for our unconsolidated joint ventures (in thousands):

	Three Months Ended August 31,				Nine Months Ended August 31,
	2021		2020		2021		2020
Revenues	$	1,979	$	21,473	$	14,818	$	115,893
Construction and land costs	(1,453)		(15,960)		(12,397)		(84,228)
Other expense, net	(591)		(1,606)		(2,000)		(7,455)
Income (loss)	$	(65)	$	3,907	$	421	$	24,210

Balance Sheets of Unconsolidated Joint Ventures

The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):

	August 31, 2021		November 30, 2020
Assets
Cash	$	21,320	$	38,837
Receivables	842		96
Inventories	63,067		65,233
Other assets	263		593
Total assets	$	85,492	$	104,759
Liabilities and equity
Accounts payable and other liabilities	$	11,608	$	14,037
Equity	73,884		90,722
Total liabilities and equity	$	85,492	$	104,759