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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Feb. 28, 2015
Feb. 28, 2014
Cash flows from operating activities:    
Net earnings (including net earnings attributable to noncontrolling interests) $ 116,917us-gaap_ProfitLoss $ 79,965us-gaap_ProfitLoss
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,306us-gaap_DepreciationDepletionAndAmortization 7,839us-gaap_DepreciationDepletionAndAmortization
Amortization of discount/premium on debt, net 5,417us-gaap_AmortizationOfDebtDiscountPremium 5,306us-gaap_AmortizationOfDebtDiscountPremium
Share based compensation expense 10,251us-gaap_ShareBasedCompensation 8,741us-gaap_ShareBasedCompensation
Excess tax benefits from share-based awards (35)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (137)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Deferred income tax (benefit) expense 27,616us-gaap_DeferredIncomeTaxExpenseBenefit 42,079us-gaap_DeferredIncomeTaxExpenseBenefit
Gain on sale of operating property and equipment (6,472)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Changes in assets and liabilities:    
Decrease (increase) in restricted cash 27,014us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 4,408us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Decrease (increase) in receivables 210,670us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 69,081us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Decrease (increase) in inventories, excluding valuation adjustments and write-offs of option deposits and pre-acquisition costs (721,222)us-gaap_IncreaseDecreaseInInventories (592,008)us-gaap_IncreaseDecreaseInInventories
Decrease (increase) in other assets 18,524us-gaap_IncreaseDecreaseInOtherOperatingAssets 6,049us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in accounts payable and other liabilities (209,671)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (74,059)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by (used in) operating activities (730,264)us-gaap_NetCashProvidedByUsedInOperatingActivities (394,607)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Increase (decrease) in restricted cash 64us-gaap_IncreaseDecreaseInRestrictedCash 560us-gaap_IncreaseDecreaseInRestrictedCash
Net disposals (additions) of operating properties and equipment (28,946)len_NetDisposalsAdditionsOfOperatingPropertiesAndEquipment (3,531)len_NetDisposalsAdditionsOfOperatingPropertiesAndEquipment
Net cash provided by (used in) investing activities (67,194)us-gaap_NetCashProvidedByUsedInInvestingActivities 75,270us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Net borrowings (repayments) of debt 250,000us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 0us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Debt issuance costs (1,494)us-gaap_PaymentsOfDebtIssuanceCosts (4,195)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from other borrowings 46,630us-gaap_ProceedsFromOtherDebt 15,332us-gaap_ProceedsFromOtherDebt
Principal payments on other borrowings (108,048)us-gaap_RepaymentsOfOtherDebt (87,502)us-gaap_RepaymentsOfOtherDebt
Exercise of land option contracts from an unconsolidated land investment venture 0len_ExerciseOfLandOptionContractsFromUnconsolidatedLandInvestmentVenture (1,540)len_ExerciseOfLandOptionContractsFromUnconsolidatedLandInvestmentVenture
Receipts related to noncontrolling interests 1,302us-gaap_ProceedsFromMinorityShareholders 74us-gaap_ProceedsFromMinorityShareholders
Payments related to noncontrolling interests (57,629)us-gaap_PaymentsToMinorityShareholders (32,609)us-gaap_PaymentsToMinorityShareholders
Excess tax benefits from share-based awards 35us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 137us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Common stock:    
Issuances 8,227us-gaap_ProceedsFromIssuanceOfCommonStock 12,420us-gaap_ProceedsFromIssuanceOfCommonStock
Repurchases (186)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock
Payments of Ordinary Dividends, Common Stock (8,208)us-gaap_PaymentsOfDividendsCommonStock (8,169)us-gaap_PaymentsOfDividendsCommonStock
Net cash provided by (used in) financing activities 334,074us-gaap_NetCashProvidedByUsedInFinancingActivities 223,130us-gaap_NetCashProvidedByUsedInFinancingActivities
Net (decrease) increase in cash and cash equivalents (463,384)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (96,207)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,281,814us-gaap_CashAndCashEquivalentsAtCarryingValue 970,505us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 818,430us-gaap_CashAndCashEquivalentsAtCarryingValue 874,298us-gaap_CashAndCashEquivalentsAtCarryingValue
Consolidations/deconsolidations of previously unconsolidated/consolidated entities, net:    
Operating properties and equipment (17,421)len_Noncashconsolidateddeconsolidatedotherassetsdisclosure 22,495len_Noncashconsolidateddeconsolidatedotherassetsdisclosure
Noncontrolling interests 13,253len_Noncashconsolidateddeconsolidatednoncontrollinginterests (12,000)len_Noncashconsolidateddeconsolidatednoncontrollinginterests
Lennar Homebuilding [Member]    
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:    
Equity in (earnings) loss from unconsolidated entities (28,899)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
[1] (4,990)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
[1]
Distributions of earnings from unconsolidated entities 25,988us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
1,332us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Valuation adjustments and write-offs of option deposits and pre-acquisition costs, other receivables and other assets 519us-gaap_AssetImpairmentCharges
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
2,054us-gaap_AssetImpairmentCharges
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Cash flows from investing activities:    
Investments in and contributions to unconsolidated entities (14,940)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
(24,149)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Distributions of capital from unconsolidated entities 4,272us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
53,649us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Purchases of investments available-for-sale (28,093)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
(15,994)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Cash flows from financing activities:    
Proceeds from issuance of senior long-term debt 250,625us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
500,500us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Common stock:    
Cash and cash equivalents at beginning of period 885,729us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
[2]  
Cash and cash equivalents at end of period 583,754us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
[2] 645,691us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Lennar Homebuilding and Lennar Multifamily:    
Inventory acquired in satisfaction of other assets including investments available-for-sale 0len_InventoryAcquiredInSatisfactionOfOtherAssetsIncludingInvestmentsAvailableForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
4,774len_InventoryAcquiredInSatisfactionOfOtherAssetsIncludingInvestmentsAvailableForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Non-cash sale of operating properties and equipment (59,397)len_Noncashsaleofoperatingpropertyandequipment
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
0len_Noncashsaleofoperatingpropertyandequipment
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Purchases of inventories financed by sellers 290len_PurchasesOfInventoriesFinancedBySellers
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
25,762len_PurchasesOfInventoriesFinancedBySellers
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarHomebuildingMember
Rialto [Member]    
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:    
Equity in (earnings) loss from unconsolidated entities (2,664)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(5,354)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Distributions of earnings from unconsolidated entities 3,926us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
0us-gaap_EquityMethodInvestmentDividendsOrDistributions
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(Gains) losses on retirement of debt (608)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Unrealized and realized gains on real estate owned (3,405)len_GainsLossesOnOtherRealEstateSales
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(9,441)len_GainsLossesOnOtherRealEstateSales
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Valuation adjustments and write-offs of option deposits and pre-acquisition costs, other receivables and other assets 4,055us-gaap_AssetImpairmentCharges
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
9,025us-gaap_AssetImpairmentCharges
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Changes in assets and liabilities:    
Decrease (increase) in loans-held-for-sale (246,393)us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(42,935)us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Cash flows from investing activities:    
Investments in and contributions to unconsolidated entities (11,217)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(18,306)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Distributions of capital from unconsolidated entities 2,777us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
5,182us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Receipts of principal payments on loans receivable 3,519len_ReceiptsOfPrincipalPaymentsOnLoansReceivable
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
6,879len_ReceiptsOfPrincipalPaymentsOnLoansReceivable
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Proceeds from sales of real estate owned 28,055us-gaap_ProceedsFromSaleOfForeclosedAssets
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
50,742us-gaap_ProceedsFromSaleOfForeclosedAssets
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Payments to Acquire Investments 18,000us-gaap_PaymentsToAcquireInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
0us-gaap_PaymentsToAcquireInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Improvements in real estate owned (2,347)us-gaap_PaymentsForCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(2,356)us-gaap_PaymentsForCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Cash flows from financing activities:    
Net borrowings (repayments) of debt 41,971us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(18,169)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Principal repayments on Rialto notes payable (17,499)us-gaap_ProceedsFromRepaymentsOfNotesPayable
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
(2,101)us-gaap_ProceedsFromRepaymentsOfNotesPayable
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Common stock:    
Cash and cash equivalents at beginning of period 303,889us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
[2]  
Cash and cash equivalents at end of period 147,219us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
[2] 169,404us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Rialto:    
Real estate owned acquired in satisfaction/partial satisfaction of loans receivable 8,637len_RealEstateAcquiredThroughOrInLieuOfForeclosure
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
4,534len_RealEstateAcquiredThroughOrInLieuOfForeclosure
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Non-cash acquisition of Servicer Provider 0us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
8,317us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
/ us-gaap_StatementBusinessSegmentsAxis
= len_RialtoInvestmentsMember
Lennar Multifamily [Member]    
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:    
Equity in (earnings) loss from unconsolidated entities 178us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
75us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Cash flows from investing activities:    
Investments in and contributions to unconsolidated entities (9,299)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
(9,083)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Distributions of capital from unconsolidated entities 11,125us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
35,893us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Common stock:    
Cash and cash equivalents at beginning of period 2,186us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
 
Cash and cash equivalents at end of period 3,256us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
2,496us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Lennar Homebuilding and Lennar Multifamily:    
Non-cash contributions to unconsolidated entities 26,594len_NonCashContributionsToUnconsolidatedEntities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
54,955len_NonCashContributionsToUnconsolidatedEntities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Consolidations/deconsolidations of previously unconsolidated/consolidated entities, net:    
Investments in unconsolidated entities 2,948len_Noncashconsolidateddeconsolidatedinvestmentsinunconsolidatedentities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
(10,495)len_Noncashconsolidateddeconsolidatedinvestmentsinunconsolidatedentities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Other liabilities 1,220len_Noncashconsolidateddeconsolidatedotherliabilities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
0len_Noncashconsolidateddeconsolidatedotherliabilities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarMultifamilyMember
Lennar Financial Services [Member]    
Changes in assets and liabilities:    
Decrease (increase) in loans-held-for-sale 29,724us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
98,363us-gaap_IncreaseDecreaseInMortgageLoansHeldForSale
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
Cash flows from investing activities:    
(Increase) decrease in Lennar Financial Services loans held-for-investment, net 606len_IncreaseDecreaseInFinancialServicesLoansHeldForInvestment
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
953len_IncreaseDecreaseInFinancialServicesLoansHeldForInvestment
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
Purchases of investment securities (18,886)us-gaap_PaymentsToAcquireHeldToMaturitySecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
(5,220)us-gaap_PaymentsToAcquireHeldToMaturitySecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
Proceeds from maturities of Lennar Financial Services investment securities 14,116us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
51us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
Cash flows from financing activities:    
Net borrowings (repayments) of debt (71,652)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
(151,048)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
Common stock:    
Cash and cash equivalents at beginning of period 90,010us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
 
Cash and cash equivalents at end of period $ 84,201us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
$ 56,707us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementBusinessSegmentsAxis
= len_LennarFinancialServicesMember
[1] For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings from unconsolidated entities included $4.5 million of equity in earnings primarily as a result of a third-party land sale by one unconsolidated entity.
[2] 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 February 28, 2015, total assets include $818.9 million related to consolidated VIEs of which $13.9 million is included in Lennar Homebuilding cash and cash equivalents, $0.3 million in Lennar Homebuilding restricted cash, $0.4 million in Lennar Homebuilding receivables, net, $0.3 million in Lennar Homebuilding finished homes and construction in progress, $195.3 million in Lennar Homebuilding land and land under development, $50.2 million in Lennar Homebuilding consolidated inventory not owned, $28.9 million in Lennar Homebuilding investments in unconsolidated entities, $101.8 million in Lennar Homebuilding other assets, $423.8 million in Rialto assets and $4.0 million in Lennar Multifamily assets.As of November 30, 2014, total assets include $929.1 million related to consolidated VIEs of which $11.7 million is included in Lennar Homebuilding cash and cash equivalents, $0.3 million in Lennar Homebuilding restricted cash, $0.2 million in Lennar Homebuilding receivables, net, $0.2 million in Lennar Homebuilding finished homes and construction in progress, $208.2 million in Lennar Homebuilding land and land under development, $52.5 million in Lennar Homebuilding consolidated inventory not owned, $23.9 million in Lennar Homebuilding investments in unconsolidated entities, $104.6 million in Lennar Homebuilding other assets, $508.4 million in Rialto assets and $19.2 million in Lennar Multifamily assets.