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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Nov. 30, 2017
Nov. 30, 2016
Total assets [1] $ 18,745,034 $ 15,361,781
Cash and cash equivalents 2,650,872 1,329,529
Total liabilities [2] $ 10,758,902 $ 8,150,214
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) 205,429,942 204,089,447
Treasury stock, shares (in shares) 1,473,590 917,449
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) 37,687,505 32,982,815
Treasury stock, shares (in shares) 1,679,650 1,679,620
Lennar Homebuilding    
Total assets [1] $ 15,190,961 $ 11,804,768
Cash and cash equivalents [1] 2,282,925 1,050,138
Receivables, net [1] 137,667 106,976
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
Investments in unconsolidated entities [1] 900,769 811,723
Other [1] 863,404 651,028
Total liabilities [2] 8,711,317 6,005,978
Accounts payable [2] 604,953 478,546
Liabilities related to consolidated inventory not owned [2] 380,720 110,006
Other liabilities [2] 1,315,641 841,449
Rialto    
Total assets [1] 1,153,840 1,276,210
Cash and cash equivalents 241,861 148,827
Receivables, net 0 204,518
Investments in unconsolidated entities 265,418 245,741
Other 120,438 113,671
Total liabilities [2] 720,056 707,980
Other liabilities 94,975 85,645
Lennar Multifamily    
Total assets [1] 710,725 526,131
Cash and cash equivalents 8,676 6,600
Receivables, net 69,678 58,929
Land and land under development 208,618 139,713
Investments in unconsolidated entities 407,544 318,559
Other 16,209 2,330
Total liabilities [2] 149,715 117,973
Variable Interest Entity, Primary Beneficiary    
Total assets 799,400 536,300
Total liabilities 389,700 126,400
Variable Interest Entity, Primary Beneficiary | Lennar Homebuilding    
Cash and cash equivalents 15,800 13,300
Receivables, net 200 200
Finished homes and construction in progress 53,200 54,200
Land and land under development 229,000 106,300
Consolidated inventory not owned 393,300 121,000
Investments in unconsolidated entities 4,600 4,600
Other 11,800 13,900
Accounts payable 5,000 3,600
Liabilities related to consolidated inventory not owned 380,700 110,000
Other liabilities 1,800 2,500
Variable Interest Entity, Primary Beneficiary | Rialto    
Total assets 48,800 213,800
Total liabilities 2,200 10,300
Variable Interest Entity, Primary Beneficiary | Lennar Multifamily    
Total assets $ 42,700 $ 8,800
[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.