XML 71 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
Lennar Multifamily Segment (Assets and Liabilities related to Multifamily Segment) (Details) - USD ($)
$ in Thousands
Aug. 31, 2017
Nov. 30, 2016
Aug. 31, 2016
Nov. 30, 2015
Assets:        
Cash and cash equivalents $ 837,726 $ 1,329,529 $ 816,095 $ 1,158,445
Total assets [1] 16,939,373 15,361,781    
Lennar Multifamily        
Assets:        
Cash and cash equivalents 3,305 6,600    
Receivables, net 71,464 58,929    
Land under development 179,965 139,713    
Investments in unconsolidated entities 397,119 318,559    
Other assets 31,405 2,330    
Total assets [1] 683,258 526,131    
Liabilities:        
Accounts payable and other liabilities $ 128,162 $ 117,973    
[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 August 31, 2017, total assets include $812.9 million related to consolidated VIEs of which $9.7 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $81.3 million in Lennar Homebuilding finished homes and construction in progress, $189.6 million in Lennar Homebuilding land and land under development, $386.6 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $13.1 million in Lennar Homebuilding other assets, $85.8 million in Rialto assets and $42.0 million in Lennar Multifamily assets.As of November 30, 2016, total assets include $536.3 million related to consolidated VIEs of which $13.3 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $54.2 million in Lennar Homebuilding finished homes and construction in progress, $106.3 million in Lennar Homebuilding land and land under development, $121.0 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $13.9 million in Lennar Homebuilding other assets, $213.8 million in Rialto assets and $8.8 million in Lennar Multifamily assets.