CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Nov. 30, 2017		Nov. 30, 2016
ASSETS
Cash and cash equivalents		$ 2,650,872		$ 1,329,529
Inventories:
Total assets	[1]	18,745,034		15,361,781
LIABILITIES AND EQUITY
Total liabilities	[2]	10,758,902		8,150,214
Stockholders’ equity:
Preferred stock	[2]	0		0
Additional paid-in capital	[2]	3,142,013		2,805,349
Retained earnings	[2]	4,840,978		4,306,256
Treasury stock, at cost; 2017 - 1,473,590 shares of Class A common stock and 1,679,650 shares of Class B common stock; 2016 - 917,449 shares of Class A common stock and 1,679,620 shares of Class B common stock	[2]	(136,020)		(108,961)
Accumulated other comprehensive income (loss)	[2]	1,034		(309)
Total stockholders’ equity	[2]	7,872,317		7,026,042
Noncontrolling interests	[2]	113,815		185,525
Total equity	[2]	7,986,132		7,211,567
Total liabilities and equity	[2]	18,745,034		15,361,781
Class A Common Stock
Stockholders’ equity:
Common stock	[2]	20,543		20,409
Class B Common Stock
Stockholders’ equity:
Common stock	[2]	3,769		3,298
Lennar Homebuilding
ASSETS
Cash and cash equivalents	[1]	2,282,925		1,050,138
Restricted cash	[1]	8,740		5,977
Receivables, net	[1]	137,667		106,976
Inventories:
Finished homes and construction in progress	[1]	4,676,279		3,951,716
Land and land under development	[1]	5,791,338		5,106,191
Consolidated inventory not owned	[1]	393,273		121,019
Total inventories	[1]	10,860,890		9,178,926
Investments in unconsolidated entities	[1]	900,769		811,723
Goodwill		136,566	[1]	0
Other assets	[1]	863,404		651,028
Total assets	[1]	15,190,961		11,804,768
LIABILITIES AND EQUITY
Accounts payable	[2]	604,953		478,546
Liabilities related to consolidated inventory not owned	[2]	380,720		110,006
Senior notes and other debts payable	[2]	6,410,003		4,575,977
Other liabilities	[2]	1,315,641		841,449
Total liabilities	[2]	8,711,317		6,005,978
Rialto
ASSETS
Cash and cash equivalents		241,861		148,827
Restricted cash		22,466		9,935
Receivables, net		0		204,518
Inventories:
Investments in unconsolidated entities		265,418		245,741
Goodwill		5,396		5,396
Other assets		120,438		113,671
Total assets	[1]	1,153,840		1,276,210
LIABILITIES AND EQUITY
Other liabilities		94,975		85,645
Total liabilities	[2]	720,056		707,980
Lennar Financial Services
ASSETS
Cash and cash equivalents		117,410		123,964
Restricted cash		12,006		17,053
Receivables, net		313,252		409,528
Inventories:
Goodwill		59,838		39,838
Other assets		95,527		99,319
Total assets	[1]	1,689,508		1,754,672
LIABILITIES AND EQUITY
Other liabilities		240,383		241,055
Total liabilities	[2]	1,177,814		1,318,283
Lennar Multifamily
ASSETS
Cash and cash equivalents		8,676		6,600
Receivables, net		69,678		58,929
Inventories:
Land and land under development		208,618		139,713
Investments in unconsolidated entities		407,544		318,559
Other assets		16,209		2,330
Total assets	[1]	710,725		526,131
LIABILITIES AND EQUITY
Total liabilities	[2]	$ 149,715		$ 117,973

[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, 2017, total assets include $799.4 million related to consolidated VIEs of which $15.8 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $53.2 million in Lennar Homebuilding finished homes and construction in progress, $229.0 million in Lennar Homebuilding land and land under development, $393.3 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $11.8 million in Lennar Homebuilding other assets, $48.8 million in Rialto assets and $42.7 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 November 30, 2017, total liabilities include $389.7 million related to consolidated VIEs as to which there was no recourse against the Company, of which $5.0 million is included in Lennar Homebuilding accounts payable, $380.7 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.8 million in Lennar Homebuilding other liabilities and $2.2 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, $10.3 million in Rialto liabilities.