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Investments in Unconsolidated Joint Ventures (Financial Information for Unconsolidated Joint Ventures) (Details)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2022
USD ($)
home
joint_venture
May 31, 2021
USD ($)
May 31, 2022
USD ($)
home
joint_venture
May 31, 2021
USD ($)
Feb. 28, 2022
USD ($)
Nov. 30, 2021
USD ($)
joint_venture
home
Feb. 28, 2021
USD ($)
Nov. 30, 2020
USD ($)
Assets                
Total assets $ 6,579,477   $ 6,579,477     $ 5,835,918    
Liabilities and equity                
Equity 3,290,995 $ 2,886,865 3,290,995 $ 2,886,865 $ 3,134,316 3,019,475 $ 2,748,184 $ 2,665,769
Total liabilities and stockholders’ equity $ 6,579,477   $ 6,579,477     $ 5,835,918    
Number of investments in unconsolidated joint ventures | joint_venture 6   6     6    
Number of joint ventures with funding commitments | joint_venture 1   1          
Number of other unconsolidated joint ventures with outstanding debt | home 0   0     0    
Cash and Cash Equivalents, at Carrying Value $ 246,581 609,047 $ 246,581 609,047        
Financial Service [Member]                
Assets                
Other Assets [1] 25,697   25,697     $ 24,347    
Total assets 57,766   57,766     44,202    
Liabilities and equity                
Cash and Cash Equivalents, at Carrying Value 2,395 978 2,395 978   1,372    
Home Building [Member]                
Assets                
Other Assets 111,222   111,222     104,153    
Total assets 6,521,711   6,521,711     5,791,716    
Liabilities and equity                
Cash and Cash Equivalents, at Carrying Value 244,186 608,069 244,186 608,069   290,764    
Interest Rate Lock Commitments | Financial Service [Member]                
Liabilities and equity                
Derivative Asset, Notional Amount 42,900   42,900     9,500    
Change in fair value included in gain on sale of mortgage loans held for sale 25,800 1,900 33,400 2,600        
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Financial Service [Member]                
Statements of operations of unconsolidated joint venture                
Revenues 50,224 34,298 80,200 65,370        
Other Nonoperating Income (Expense) (20,607) (20,240) (40,287) (39,373)        
Income (loss) 29,617 14,058 39,913 25,997        
Assets                
Mortgages Held-for-sale, Fair Value Disclosure 189,255   189,255     234,669    
Other Assets 68,493   68,493     46,218    
Total assets 276,615   276,615     304,803    
Liabilities and equity                
Accounts payable and other liabilities 18,680   18,680     18,375    
Funding facilities 203,486   203,486     253,791    
Equity 54,449   54,449     32,637    
Total liabilities and stockholders’ equity 276,615   276,615     304,803    
Cash and Cash Equivalents, at Carrying Value 18,867   18,867     23,916    
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Home Building [Member]                
Statements of operations of unconsolidated joint venture                
Revenues 1,108 3,148 3,958 12,839        
Cost of Revenue (772) (2,819) (3,071) (10,944)        
Other Nonoperating Income (Expense) (918) (530) (1,348) (1,409)        
Income (loss) (582) $ (201) (461) $ 486        
Assets                
Receivables 894   894     795    
Inventory, Real Estate 105,734   105,734     64,034    
Other Assets 726   726     50    
Total assets 126,238   126,238     80,610    
Liabilities and equity                
Accounts payable and other liabilities 11,871   11,871     12,285    
Notes Payable [2] 29,114   29,114     0    
Equity 85,253   85,253     68,325    
Total liabilities and stockholders’ equity 126,238   126,238     80,610    
Cash and Cash Equivalents, at Carrying Value 18,884   18,884     $ 15,731    
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member] | Unsecured revolving credit facility                
Liabilities and equity                
Unsecured revolving credit facility, borrowing capacity $ 62,000   $ 62,000          
Unsecured revolving credit facility, expiration date Apr. 19, 2026              
[1] Other assets at May 31, 2022 and November 30, 2021 included $25.5 million and $24.1 million, respectively, of contract assets for estimated future renewal commissions.
[2] As of May 31, 2022, one of our unconsolidated joint ventures had borrowings outstanding under a revolving line of credit it entered into with a third-party lender in April 2022 to finance its land acquisition, development and construction activities. Borrowings under this line of credit, which has a maximum commitment of $62.0 million, are secured by the underlying property and related project assets. The line of credit is scheduled to mature on April 19, 2026, unless extended or terminated pursuant to its applicable terms. None of our other unconsolidated joint ventures had outstanding debt at May 31, 2022 or November 30, 2021