Lennar Homebuilding Receivables

12 Months Ended

Nov. 30, 2017

Receivables [Abstract]

Lennar Homebuilding Receivables

Lennar Homebuilding Receivables

	November 30,
(In thousands)	2017			2016
Accounts receivable	$	59,733		67,296
Mortgage and notes receivable	80,602			39,788
	140,335			107,084
Allowance for doubtful accounts	(2,668		)	(108	)
	$	137,667		106,976

At November 30, 2017 and 2016, Lennar Homebuilding accounts receivable related primarily to other receivables and rebates. The Company performs ongoing credit evaluations of its customers and generally does not require collateral for accounts receivable. Mortgages and notes receivable arising from the sale of homes and land are generally collateralized by the property sold to the buyer. Allowances are maintained for potential credit losses based on historical experience, present economic conditions and other factors considered relevant by the Company.