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Operating And Reporting Segments (Disclosure Of Financial Information Relating To Company's Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
May 31, 2011
Nov. 30, 2011
Segment Reporting Information [Line Items]          
Valuation Adjustments To Investments In Unconsolidated Entities $ 7 $ 150 $ 18 $ 8,412  
Assets [Abstract]          
Assets 9,351,209 [1]   9,351,209 [1]   9,154,671 [1]
Revenues:          
Total revenues 930,155 [2] 764,493 [2] 1,655,011 [2] 1,322,538 [2]  
Operating Income (Loss) [Abstract]          
Total operating earnings 81,271 46,398 114,566 106,071  
General and Administrative Expense 29,168 20,598 56,010 43,950  
Earnings before income taxes 52,103 25,800 58,556 62,121  
Sales incentives 95,264 89,900 179,700 152,802  
Sales incentives per home delivered 29,800 33,900 31,700 33,500  
Expenses For Remedying Pre Existing Liability   1,000   7,600  
Proceeds from settlements       37,500  
Deferred management fees       10,000  
Profit (Loss) from Real Estate Operations 15,000        
Homebuilding East [Member]
         
Segment Reporting Information [Line Items]          
Valuation Adjustments To Investments In Unconsolidated Entities 7 150 [3] 18 8,412 [3]  
Equity Method Investments   29,800   29,800  
Assets [Abstract]          
Assets 1,473,193   1,473,193   1,312,750
Revenues:          
Real estate revenues 310,149 265,374 554,982 447,745  
Operating Income (Loss) [Abstract]          
Total operating earnings 26,291 25,134 40,238 30,795  
Gain on extinguishment of debt   38,600   38,600  
Valuation Adjustments To Inventory Of Consolidated Entities   38,700   38,700  
Homebuilding Central [Member]
         
Assets [Abstract]          
Assets 706,506   706,506   681,859
Revenues:          
Real estate revenues 114,564 92,155 200,277 159,161  
Operating Income (Loss) [Abstract]          
Total operating earnings 4,318 [4] (3,350) [4] 5,382 [4] (18,474) [4]  
Homebuilding West [Member]
         
Assets [Abstract]          
Assets 2,212,194   2,212,194   2,169,503
Revenues:          
Real estate revenues 157,710 120,897 280,795 217,279  
Operating Income (Loss) [Abstract]          
Total operating earnings (9,405) [5] (8,855) [5] (16,978) [5] 40,490 [5]  
Homebuilding Southeast Florida [Member]
         
Assets [Abstract]          
Assets 637,253   637,253   604,415
Revenues:          
Real estate revenues 70,878 51,930 120,667 87,021  
Operating Income (Loss) [Abstract]          
Total operating earnings 24,176 [6] 5,797 [6] 30,810 [6] 9,971 [6]  
Homebuilding Houston [Member]
         
Assets [Abstract]          
Assets 276,274   276,274   230,076
Revenues:          
Real estate revenues 102,455 81,886 187,289 134,839  
Operating Income (Loss) [Abstract]          
Total operating earnings 10,262 2,966 14,778 2,925  
Homebuilding Other [Member]
         
Assets [Abstract]          
Assets 660,065   660,065   595,615
Revenues:          
Real estate revenues 52,332 50,234 88,511 83,140  
Operating Income (Loss) [Abstract]          
Total operating earnings 178 (467) 1,579 (8,994)  
Lennar Homebuilding [Member]
         
Segment Reporting Information [Line Items]          
Valuation Adjustments To Investments In Unconsolidated Entities     8,400    
Equity Method Investments 566,576 [1]   566,576 [1]   545,760 [1]
Assets [Abstract]          
Assets 6,972,966 [1]   6,972,966 [1]   6,517,768 [1]
Revenues:          
Real estate revenues 808,088 662,476 1,432,521 1,129,185  
Operating Income (Loss) [Abstract]          
Gain on extinguishment of debt     988 0  
Rialto Investments [Member]
         
Segment Reporting Information [Line Items]          
Equity Method Investments 150,733 [1]   150,733 [1]   124,712 [1]
Assets [Abstract]          
Assets 1,748,827 [1],[7]   1,748,827 [1],[7]   1,897,148 [1],[7]
Revenues:          
Rialto Investments, Revenues 33,472 42,595 65,680 76,218  
Operating Income (Loss) [Abstract]          
Total operating earnings 7,471 [8] 22,678 [8] 12,527 [8] 45,680 [8]  
Lennar Financial Services [Member]
         
Assets [Abstract]          
Assets 629,416 [1]   629,416 [1]   739,755 [1]
Revenues:          
Financial Services, Revenues 88,595 59,422 156,810 117,135  
Operating Income (Loss) [Abstract]          
Total operating earnings 17,980 2,495 26,230 3,678  
Corporate And Unallocated [Member]
         
Assets [Abstract]          
Assets 1,007,481   1,007,481   923,550
Lennar Homebuilding Investments [Member]
         
Operating Income (Loss) [Abstract]          
Gain on extinguishment of debt       $ 15,400  
[1] Under certain provisions of Accounting Standards Codification (“ASC”) Topic 810, Consolidations, (“ASC 810”) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (“VIEs”) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of May 31, 2012, total assets include $2,136.9 million related to consolidated VIEs of which $17.1 million is included in Lennar Homebuilding cash and cash equivalents, $1.3 million in Lennar Homebuilding restricted cash, $6.9 million in Lennar Homebuilding receivables, net, $17.0 million in Lennar Homebuilding finished homes and construction in progress, $511.2 million in Lennar Homebuilding land and land under development, $65.5 million in Lennar Homebuilding consolidated inventory not owned, $43.8 million in Lennar Homebuilding investments in unconsolidated entities, $218.9 million in Lennar Homebuilding other assets, $92.3 million in Rialto Investments cash and cash equivalents, $138.7 million in Rialto Investments defeasance cash to retire notes payable, $464.1 million in Rialto Investments loans receivable, net, $91.0 million in Rialto Investments real estate owned, held-for-sale, $460.4 million in Rialto Investments real estate owned, held-and-used, net, $0.6 million in Rialto Investments in unconsolidated entities and $8.1 million in Rialto Investments other assets.As of November 30, 2011, total assets include $2,317.4 million related to consolidated VIEs of which $19.6 million is included in Lennar Homebuilding cash and cash equivalents, $5.3 million in Lennar Homebuilding receivables, net, $0.1 million in Lennar Homebuilding finished homes and construction in progress, $538.2 million in Lennar Homebuilding land and land under development, $71.6 million in Lennar Homebuilding consolidated inventory not owned, $43.4 million in Lennar Homebuilding investments in unconsolidated entities, $219.6 million in Lennar Homebuilding other assets, $80.0 million in Rialto Investments cash and cash equivalents, $219.4 million in Rialto Investments defeasance cash to retire notes payable, $565.6 million in Rialto Investments loans receivable, net, $115.4 million in Rialto Investments real estate owned, held-for-sale, $428.0 million in Rialto Investments real estate owned, held-and-used, net, $0.6 million in Rialto Investments in unconsolidated entities and $10.6 million in Rialto Investments other assets.
[2] Total revenues are net of sales incentives of $95.3 million ($29,800 per home delivered) and $179.7 million ($31,700 per home delivered), respectively, for the three and six months ended May 31, 2012, compared to $89.9 million ($33,900 per home delivered) and $152.8 million ($33,500 per home delivered), respectively, for the three and six months ended May 31, 2011.
[3] (1)For both the three and six months ended May 31, 2011, the Company recorded a $0.1 million valuation adjustment related to a $29.8 million investment of a Lennar Homebuilding unconsolidated entity, which was the result of a linked transaction. The linked transaction resulted in a pre-tax gain of $38.6 million related to a debt extinguishment due to the Company's purchase of the Lennar Homebuilding entity debt's at a discount and a $38.7 million valuation adjustment of the Lennar Homebuilding unconsolidated entity's inventory upon acquisition. The net pre-tax loss of $0.1 million was included in Lennar Homebuilding other income (expense), net
[4] (2)For the three and six months ended May 31, 2011, operating loss includes $1.0 million and $7.6 million, respectively, of expenses associated with remedying pre-existing liabilities of a previously acquired company.
[5] For the six months ended May 31, 2011, operating earnings include $37.5 million related to the receipt of a litigation settlement, as well as $15.4 million related to the Company’s share of a gain on debt extinguishment and the recognition of $10.0 million of deferred management fees related to management services previously performed by the Company for one of its Lennar Homebuilding unconsolidated entities.
[6] For both the three and six months ended May 31, 2012, operating earnings include a $15.0 million gain on the sale of an operating property.
[7] (1)Consists primarily of assets of consolidated VIEs (see Note 8).
[8] (1)Operating earnings for the three and six months ended May 31, 2012 include net earnings (loss) attributable to noncontrolling interests of $3.2 million and ($1.2) million, respectively. Operating earnings for the three and six months ended May 31, 2011 include net earnings (loss) attributable to noncontrolling interests of $12.9 million and $24.8 million, respectively.