EX-99.1 2 dex991.htm SLIDE ENTITLED AGGRESSIVE ASSET MANAGEMENT - JOINT VENTURES EXPOSURE. Slide entitled Aggressive Asset Management - Joint Ventures Exposure.
Aggressive Asset Management
Aggressive Asset Management
Joint Ventures Exposure
Joint Ventures Exposure
$        3,076,550
$      882,882
$                2,193,668
1,999,330
770,024
1,229,306
Others
$        1,077,220
112,858
$                    964,362
Lennar
Equity of the unconsolidated entities:
$        5,538,393
$    2,355,332
$                3,183,061
3,693,907
2,355,332
1,338,575
Non-recourse debt
676,912
676,912
Partner several recourse
256,250
256,250
Reimbursement agreements with partners
$           911,324
$                    911,324
Lennar net recourse exposure
Total
Unconsolidated
Entities
LandSource,
Heritage
Fields & Kyle
Acquisition
Unconsolidated
Entities (Excluding
LandSource, Heritage
Fields & Kyle)
Exhibit 99.1
The total debt of the unconsolidated entities as of August 31, 2007 was as follows (dollars in thousands):