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Rialto Segment (Assets And Liabilities By Segment) (Details) - USD ($)
$ in Thousands
May 31, 2017
Nov. 30, 2016
May 31, 2016
Nov. 30, 2015
Assets:        
Cash and cash equivalents $ 983,968 $ 1,329,529 $ 815,477 $ 1,158,445
Total assets [1] 16,754,505 15,361,781    
Liabilities:        
Total liabilities [2] 9,317,499 8,150,214    
Rialto        
Assets:        
Cash and cash equivalents 119,592 148,827    
Restricted cash 6,026 9,935    
Receivables, net 415,285 204,518    
Lennar Financial Services loans held-for-sale 106,615 126,947    
Loans receivable, net 65,326 111,608    
Real estate owned, net 160,452 243,703    
Investments in unconsolidated entities [1] 244,301 245,741    
Investments held-to-maturity 112,452 71,260    
Other 134,372 113,671    
Total assets [1] 1,364,421 1,276,210    
Liabilities:        
Notes and other debts payable 781,845 622,335    
Other 78,767 85,645    
Total liabilities [2] 860,612 707,980    
Rialto | Warehouse Repurchase Facility        
Liabilities:        
Notes and other debts payable 363,600 223,500    
Rialto | Senior Notes | 7.00% Senior Notes due 2018        
Liabilities:        
Senior notes and other debts payable $ 349,000 $ 348,700    
Interest rate 7.00%      
[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, 2017, total assets include $575.7 million related to consolidated VIEs of which $9.4 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $77.8 million in Lennar Homebuilding finished homes and construction in progress, $173.1 million in Lennar Homebuilding land and land under development, $138.6 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $12.9 million in Lennar Homebuilding other assets, $117.5 million in Rialto assets and $41.6 million in Lennar Multifamily assets.
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.
[2] As of May 31, 2017, total liabilities include $144.1 million related to consolidated VIEs as to which there was no recourse against the Company, of which $4.7 million is included in Lennar Homebuilding accounts payable, $133.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.1 million in Lennar Homebuilding other liabilities and $4.7 million in Rialto liabilities.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.