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Rialto Segment (Assets And Liabilities By Segment) (Details) - USD ($)
$ in Thousands
May 31, 2016
Feb. 29, 2016
Nov. 30, 2015
May 31, 2015
Feb. 28, 2015
Nov. 30, 2014
Assets:            
Cash and cash equivalents $ 815,477   $ 1,158,445 $ 920,157   $ 1,281,814
Total assets [1] 14,847,801   14,419,509      
Liabilities:            
Total liabilities [2] 8,484,867   8,469,437      
Rialto            
Assets:            
Cash and cash equivalents 103,622   150,219      
Restricted cash 8,579   15,061      
Receivables, net 0   154,948      
Loans held-for-sale 199,415   316,275      
Loans receivable, net 163,805   164,826      
Real estate owned - held-for-sale 180,547 $ 177,221 183,052 195,386 $ 185,511 190,535
Real estate owned - held-and-used, net 125,406 $ 148,900 153,717 $ 213,748 $ 242,569 $ 255,795
Investments in unconsolidated entities [1] 238,740   224,869      
Investments held-to-maturity 60,076   25,625      
Other 91,797   116,908      
Total assets [1] 1,171,987   1,505,500      
Liabilities:            
Notes and other debts payable [2] 543,310   771,728      
Other [2] 53,318   94,496      
Total liabilities [2] $ 596,628   $ 866,224      
[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, 2016, total assets include $645.1 million related to consolidated VIEs of which $8.2 million is included in Lennar Homebuilding cash and cash equivalents, $0.1 million in Lennar Homebuilding receivables, net, $6.2 million in Lennar Homebuilding finished homes and construction in progress, $158.8 million in Lennar Homebuilding land and land under development, $134.5 million in Lennar Homebuilding consolidated inventory not owned, $4.5 million in Lennar Homebuilding investments in unconsolidated entities, $21.4 million in Lennar Homebuilding other assets, $280.0 million in Rialto assets and $31.4 million in Lennar Multifamily assets.As of November 30, 2015, total assets include $652.3 million related to consolidated VIEs of which $9.6 million is included in Lennar Homebuilding cash and cash equivalents, $0.5 million in Lennar Homebuilding receivables, net, $3.9 million in Lennar Homebuilding finished homes and construction in progress, $154.2 million in Lennar Homebuilding land and land under development, $58.9 million in Lennar Homebuilding consolidated inventory not owned, $35.8 million in Lennar Homebuilding investments in unconsolidated entities, $22.7 million in Lennar Homebuilding other assets, $355.2 million in Rialto assets and $11.5 million in Lennar Multifamily assets.
[2] As of May 31, 2016, total liabilities include $146.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $1.7 million is included in Lennar Homebuilding accounts payable, $115.8 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.8 million in Lennar Homebuilding other liabilities, $11.3 million in Rialto liabilities and $15.9 million in Lennar Multifamily liabilities.As of November 30, 2015, total liabilities include $84.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.0 million is included in Lennar Homebuilding accounts payable, $51.4 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $15.6 million in Lennar Homebuilding other liabilities, $11.3 million in Rialto liabilities and $4.0 million in Lennar Multifamily liabilities.