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Inventory Impairments and Land Option Contract Abandonments (Tables)
12 Months Ended
Nov. 30, 2023
Inventory Impairments and Land Option Contract Abandonments [Abstract]  
Summary of Fair Value, Assets Measured on Recurring and Nonrecurring Basis
The following table summarizes ranges for significant quantitative unobservable inputs we utilized in our fair value measurements with respect to impaired communities, other than land held for sale, written down to fair value during the years presented:
Years Ended November 30,
Unobservable Input (a)202320222021
Average selling price
n/a
$475,500 - $1,076,200
$471,000 - $949,400
Deliveries per month
n/a
2 - 4
4 - 5
Discount rate
n/a
17% - 21%
18% - 19%
(a)Ranges of inputs presented primarily reflect differences between the housing markets where each impacted community is located, rather than fluctuations in prevailing market conditions.