CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Nov. 30, 2016	Nov. 30, 2015
ASSETS
Cash and cash equivalents		$ 1,329,529	$ 1,158,445
Inventories:
Total assets	[1]	15,361,781	14,419,509
LIABILITIES AND EQUITY
Total liabilities	[2]	8,150,214	8,469,437
Stockholders’ equity:
Preferred stock	[2]	0	0
Additional paid-in capital	[2]	2,805,349	2,305,560
Retained earnings	[2]	4,306,256	3,429,736
Treasury stock, at cost; 2016 - 917,449 shares of Class A common stock and 1,679,620 shares of Class B common stock; 2015 - 815,959 shares of Class A common stock and 1,679,620 shares of Class B common stock	[2]	(108,961)	(107,755)
Accumulated other comprehensive income (loss)	[2]	(309)	39
Total stockholders’ equity	[2]	7,026,042	5,648,944
Noncontrolling interests	[2]	185,525	301,128
Total equity	[2]	7,211,567	5,950,072
Total liabilities and equity	[2]	15,361,781	14,419,509
Class A Common Stock
Stockholders’ equity:
Common stock	[2]	20,409	18,066
Class B Common Stock
Stockholders’ equity:
Common stock	[2]	3,298	3,298
Lennar Homebuilding
ASSETS
Cash and cash equivalents	[1]	1,050,138	893,408
Restricted cash	[1]	5,977	13,505
Receivables, net	[1]	106,976	74,538
Inventories:
Finished homes and construction in progress	[1]	3,951,716	3,957,167
Land and land under development	[1]	5,106,191	4,724,578
Consolidated inventory not owned	[1]	121,019	58,851
Total inventories	[1]	9,178,926	8,740,596
Investments in unconsolidated entities	[1]	811,723	741,551
Other assets	[1]	651,028	609,222
Total assets	[1]	11,804,768	11,072,820
LIABILITIES AND EQUITY
Accounts payable	[2]	478,546	475,909
Liabilities related to consolidated inventory not owned	[2]	110,006	51,431
Senior notes and other debts payable	[2]	4,575,977	5,025,130
Other liabilities	[2]	841,449	899,815
Total liabilities	[2]	6,005,978	6,452,285
Rialto
ASSETS
Cash and cash equivalents		148,827	150,219
Restricted cash		9,935	15,061
Receivables, net		204,518	154,948
Inventories:
Investments in unconsolidated entities		245,741	224,869
Other assets		113,671	116,908
Total assets	[1]	1,276,210	1,505,500
LIABILITIES AND EQUITY
Other liabilities		85,645	94,496
Total liabilities	[2]	707,980	866,224
Lennar Financial Services
ASSETS
Cash and cash equivalents		123,964	106,777
Restricted cash		17,053	13,961
Receivables, net		409,528	242,808
Inventories:
Other assets		99,319	66,186
Total assets	[1]	1,754,672	1,425,837
LIABILITIES AND EQUITY
Other liabilities		241,055	225,678
Total liabilities	[2]	1,318,283	1,083,978
Lennar Multifamily
ASSETS
Cash and cash equivalents		6,600	8,041
Receivables, net		58,929	33,480
Inventories:
Land and land under development		139,713	115,982
Consolidated inventory not owned		0	5,508
Investments in unconsolidated entities		318,559	250,876
Other assets		2,330	1,465
Total assets	[1]	526,131	415,352
LIABILITIES AND EQUITY
Liabilities related to consolidated inventory not owned		0	4,007
Total liabilities	[2]	$ 117,973	$ 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 consolidated balance sheets the assets of consolidated variable interest entities ("VIEs") that are owned by the consolidated VIEs and liabilities of consolidated VIEs as to which there is no recourse against the Company. 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. 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 November 30, 2016, total liabilities include $126.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.6 million is included in Lennar Homebuilding accounts payable, $110.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $2.5 million in Lennar Homebuilding other liabilities and $10.3 million in Rialto 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.