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Inventories (Tables)
6 Months Ended
May 31, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consisted of the following (in thousands):
May 31,
2024
November 30,
2023
Homes completed or under construction$2,286,970 $2,106,149 
Land under development3,048,215 3,027,497 
Total$5,335,185 $5,133,646 
Schedule of Capitalized Interest Costs
Our interest costs were as follows (in thousands):
 Three Months Ended May 31,Six Months Ended May 31,
 2024202320242023
Capitalized interest at beginning of period$134,377 $147,162 $134,375 $145,494 
Interest incurred 26,577 25,995 53,082 53,799 
Interest amortized to construction and land costs (a)
(29,189)(31,932)(55,692)(58,068)
Capitalized interest at end of period$131,765 $141,225 $131,765 $141,225 
(a)Interest amortized to construction and land costs for the six-month period ended May 31, 2024 included $.2 million related to land sales. There was no interest amortized to construction and land costs related to land sales for the three- month period ended May 31, 2024 and three-month and six-month periods ended May 31, 2023.