Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Aug. 31, 2016	Nov. 30, 2015
ASSETS
Cash and cash equivalents		$ 816,095	$ 1,158,445
Inventories:
Total assets	[1]	14,998,720	14,419,509
LIABILITIES AND EQUITY
Total liabilities	[2]	8,235,814	8,469,437
Stockholders' equity:
Preferred stock	[2]	0	0
Additional paid-in capital	[2]	2,628,398	2,305,560
Retained earnings	[2]	4,001,905	3,429,736
Treasury stock, at cost; August 31, 2016 - 911,807 shares of Class A common stock and 1,679,620 shares of Class B common stock; November 30, 2015 - 815,959 shares of Class A common stock and 1,679,620 shares of Class B common stock	[2]	(108,930)	(107,755)
Accumulated other comprehensive income	[2]	1,123	39
Total stockholders’ equity	[2]	6,545,535	5,648,944
Noncontrolling interests	[2]	217,371	301,128
Total equity	[2]	6,762,906	5,950,072
Total liabilities and equity	[2]	14,998,720	14,419,509
Class A Common Stock
Stockholders' equity:
Common stock	[2]	19,741	18,066
Class B Common Stock
Stockholders' equity:
Common stock	[2]	3,298	3,298
Lennar Homebuilding
ASSETS
Cash and cash equivalents	[1]	567,708	893,408
Restricted cash	[1]	5,452	13,505
Receivables, net	[1]	78,986	74,538
Inventories:
Finished homes and construction in progress	[1]	4,335,302	3,957,167
Land and land under development	[1]	5,193,420	4,724,578
Consolidated inventory not owned	[1]	127,024	58,851
Total inventories	[1]	9,655,746	8,740,596
Investments in unconsolidated entities	[1]	796,499	741,551
Other assets	[1]	637,546	609,222
Total assets	[1]	11,741,937	11,072,820
LIABILITIES AND EQUITY
Accounts payable	[2]	459,183	475,909
Liabilities related to consolidated inventory not owned	[2]	108,443	51,431
Senior notes and other debts payable	[2]	4,920,848	5,025,130
Other liabilities	[2]	867,367	899,815
Total liabilities	[2]	6,355,841	6,452,285
Rialto
ASSETS
Cash and cash equivalents		133,103	150,219
Restricted cash		6,499	15,061
Receivables, net		0	154,948
Inventories:
Investments in unconsolidated entities	[1]	241,680	224,869
Other assets		97,556	116,908
Total assets	[1]	1,196,653	1,505,500
LIABILITIES AND EQUITY
Other liabilities	[2]	56,114	94,496
Total liabilities	[2]	632,562	866,224
Lennar Financial Services
ASSETS
Cash and cash equivalents		110,164	106,777
Restricted cash		13,910	13,961
Receivables, net		374,769	242,808
Inventories:
Other assets		72,751	66,186
Total assets	[1]	1,527,556	1,425,837
LIABILITIES AND EQUITY
Other liabilities		227,175	225,678
Total liabilities	[2]	1,140,215	1,083,978
Lennar Multifamily
ASSETS
Cash and cash equivalents		5,120	8,041
Inventories:
Land and land under development		148,241	115,982
Consolidated inventory not owned		18,500	5,508
Investments in unconsolidated entities		304,032	250,876
Other assets		56,681	34,945
Total assets	[1]	532,574	415,352
LIABILITIES AND EQUITY
Liabilities related to consolidated inventory not owned		11,850	4,007
Total liabilities	[2]	$ 107,196	$ 66,950

[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, 2016, total assets include $596.6 million related to consolidated VIEs of which $9.7 million is included in Lennar Homebuilding cash and cash equivalents, $0.1 million in Lennar Homebuilding receivables, net, $46.9 million in Lennar Homebuilding finished homes and construction in progress, $113.8 million in Lennar Homebuilding land and land under development, $127.0 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $16.5 million in Lennar Homebuilding other assets, $251.5 million in Rialto assets and $26.6 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 August 31, 2016, total liabilities include $136.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.7 million is included in Lennar Homebuilding accounts payable, $108.4 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.7 million in Lennar Homebuilding other liabilities, $12.1 million in Rialto liabilities and $11.9 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.