Lennar Homebuilding Operating Properties And Equipment

12 Months Ended

Nov. 30, 2015

Property, Plant and Equipment [Abstract]

Lennar Homebuilding Operating Properties And Equipment

Lennar Homebuilding Operating Properties and Equipment

Operating properties and equipment are included in Lennar Homebuilding other assets in the consolidated balance sheets and were as follows:

	November 30,
(In thousands)	2015			2014
Operating properties (1)	$	93,174		161,741
Leasehold improvements	34,064			32,890
Furniture, fixtures and equipment	66,670			36,464
	193,908			231,095
Accumulated depreciation and amortization	(78,351		)	(87,931	)
	$	115,557		143,164

(1) Operating properties primarily include rental operations and commercial properties. During the years ended November 30, 2015 and 2014, the Company sold operating properties with a basis of $132.7 million and $44.1 million, respectively.