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Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
Nov. 30, 2023
Homebuilding  
Schedule of Equity Method Investments [Line Items]  
Schedule of Statements of operations of unconsolidated joint ventures The following table presents combined condensed information from the statements of operations for our homebuilding unconsolidated joint ventures (in thousands):
 Years Ended November 30,
 202320222021
Revenues$2,871 $5,251 $14,818 
Construction and land costs(1,111)(3,875)(12,398)
Other expenses, net(2,907)(2,935)(2,640)
Loss
$(1,147)$(1,559)$(220)
Schedule of Balance sheets of unconsolidated joint ventures
The following table presents combined condensed balance sheet information for our homebuilding unconsolidated joint ventures (in thousands):
 November 30,
 20232022
Assets
Cash$16,260 $14,066 
Receivables3,437 3,394 
Inventories152,456 114,465 
Other assets679 633 
Total assets$172,832 $132,558 
Liabilities and equity
Accounts payable and other liabilities$9,632 $8,369 
Notes payable (a)53,386 34,396 
Equity109,814 89,793 
Total liabilities and equity$172,832 $132,558 
(a)    As of both November 30, 2023 and 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 November 30, 2023 or 2022.
Financial service  
Schedule of Equity Method Investments [Line Items]  
Schedule of Statements of operations of unconsolidated joint ventures The following table presents combined condensed information from the statements of operations for our financial services unconsolidated joint ventures, mostly comprised of KBHS’s activities (in thousands):
 Years Ended November 30,
 202320222021
Revenues$100,785 $115,173 $126,398 
Expenses(69,390)(73,573)(79,221)
Income$31,395 $41,600 $47,177 
Schedule of Balance sheets of unconsolidated joint ventures
The following table presents combined condensed balance sheet information for our financial services unconsolidated joint venture (in thousands):
November 30,
20232022
Assets
Cash and cash equivalents$29,163 $28,120 
Mortgage loans held for sale164,252 250,572 
Other assets18,380 33,176 
Total assets$211,795 $311,868 
Liabilities and equity
Accounts payable and other liabilities$13,763 $15,590 
Funding facilities159,324 242,944 
Equity38,708 53,334 
Total liabilities and equity$211,795 $311,868