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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Nov. 30, 2016
Nov. 30, 2015
Total assets [1] $ 15,361,781 $ 14,419,509
Cash and cash equivalents 1,329,529 1,158,445
Total liabilities [2] $ 8,150,214 $ 8,469,437
Class A Common Stock    
Common stock, par value (in USD per share) $ 0.10 $ 0.10
Common stock, shares authorized (in shares) 300,000,000 300,000,000
Common stock, shares issued (in shares) 204,089,447 180,658,550
Treasury stock, shares (in shares) 917,449 815,959
Class B Common Stock    
Common stock, par value (in USD per share) $ 0.10 $ 0.10
Common stock, shares authorized (in shares) 90,000,000 90,000,000
Common stock, shares issued (in shares) 32,982,815 32,982,815
Treasury stock, shares (in shares) 1,679,620 1,679,620
Lennar Homebuilding    
Total assets [1] $ 11,804,768 $ 11,072,820
Cash and cash equivalents [1] 1,050,138 893,408
Receivables, net [1] 106,976 74,538
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
Investments in unconsolidated entities [1] 811,723 741,551
Other [1] 651,028 609,222
Total liabilities [2] 6,005,978 6,452,285
Accounts payable [2] 478,546 475,909
Liabilities related to consolidated inventory not owned [2] 110,006 51,431
Other liabilities [2] 841,449 899,815
Rialto    
Total assets [1] 1,276,210 1,505,500
Cash and cash equivalents 148,827 150,219
Receivables, net 204,518 154,948
Investments in unconsolidated entities 245,741 224,869
Other 113,671 116,908
Total liabilities [2] 707,980 866,224
Other liabilities 85,645 94,496
Lennar Multifamily    
Total assets [1] 526,131 415,352
Cash and cash equivalents 6,600 8,041
Receivables, net 58,929 33,480
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 2,330 1,465
Total liabilities [2] 117,973 66,950
Liabilities related to consolidated inventory not owned 0 4,007
Variable Interest Entity, Primary Beneficiary    
Total assets 536,300 652,300
Total liabilities 126,400 84,400
Variable Interest Entity, Primary Beneficiary | Lennar Homebuilding    
Cash and cash equivalents 13,300 9,600
Receivables, net 200 500
Finished homes and construction in progress 54,200 3,900
Land and land under development 106,300 154,200
Consolidated inventory not owned 121,000 58,900
Investments in unconsolidated entities 4,600 35,800
Other 13,900 22,700
Accounts payable 3,600 2,000
Liabilities related to consolidated inventory not owned 110,000 51,400
Other liabilities 2,500 15,600
Variable Interest Entity, Primary Beneficiary | Rialto    
Total assets 213,800 355,200
Total liabilities 10,300 11,300
Variable Interest Entity, Primary Beneficiary | Lennar Multifamily    
Total assets $ 8,800 11,500
Total liabilities   $ 4,000
[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.