Inventories (Tables)

12 Months Ended

Nov. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consisted of the following (in thousands):

	November 30,
	2023		2022
Homes completed or under construction	$	2,106,149	$	2,414,675
Land under development	3,027,497		3,128,501
Total	$	5,133,646	$	5,543,176

Schedule of Capitalized Interest Costs

Our interest costs were as follows (in thousands):

	Years Ended November 30,
	2023		2022		2021
Capitalized interest at beginning of year	$	145,494	$	161,119	$	190,113
Interest incurred	107,086		120,859		120,514
Interest amortized to construction and land costs (a)	(118,205)		(136,484)		(149,508)
Capitalized interest at end of year	$	134,375	$	145,494	$	161,119

(a)Interest amortized to construction and land costs for the years ended November 30, 2023 and 2021 included nominal amounts related to land sales during the periods.