Inventories (Tables)

6 Months Ended

May 31, 2023

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consisted of the following (in thousands):

	May 31, 2023		November 30, 2022
Homes completed or under construction	$	2,094,058	$	2,414,675
Land under development	3,034,783		3,128,501
Total	$	5,128,841	$	5,543,176

Schedule of Capitalized Interest Costs

Our interest costs were as follows (in thousands):

	Three Months Ended May 31,				Six Months Ended May 31,
	2023		2022		2023		2022
Capitalized interest at beginning of period	$	147,162	$	159,649	$	145,494	$	161,119
Interest incurred	25,995		29,021		53,799		57,324
Interest amortized to construction and land costs	(31,932)		(34,005)		(58,068)		(63,778)
Capitalized interest at end of period	$	141,225	$	154,665	$	141,225	$	154,665