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Business Acquisition (Schedule of Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Thousands
Feb. 12, 2018
Feb. 10, 2017
Feb. 28, 2018
Nov. 30, 2017
Lennar Homebuilding        
Inventories:        
Goodwill [1]     $ 3,433,477 $ 136,566
Lennar Financial Services        
Inventories:        
Goodwill     210,628 $ 59,838
CalAtlantic Group, Inc.        
Inventories:        
Goodwill $ 3,400,000      
Total assets 10,703,358      
LIABILITIES        
Total liabilities 4,452,581      
Noncontrolling interests 18,430      
Total purchase price 6,232,347      
CalAtlantic Group, Inc. | Lennar Homebuilding        
ASSETS        
Cash and cash equivalents, restricted cash and receivables, net 57,879      
Inventories:        
Inventories 6,288,283      
Intangible assets 8,000      
Investments in unconsolidated entities 151,858      
Goodwill 3,296,911      
Other assets 577,623      
Total assets 10,380,554      
LIABILITIES        
Accounts payable 85,001      
Senior notes and other debts payable 3,922,987      
Other liabilities 349,520      
Total liabilities 4,357,508      
CalAtlantic Group, Inc. | Lennar Financial Services        
Inventories:        
Goodwill 150,000      
Total assets 322,804      
LIABILITIES        
Total liabilities $ 95,073      
CalAtlantic Group, Inc. | Trade Name | Lennar Homebuilding        
LIABILITIES        
Amortization period 6 months      
WCI Communities, Inc.        
ASSETS        
Cash and cash equivalents, restricted cash and receivables, net   $ 42,079    
Inventories:        
Inventories   613,495    
Intangible assets   59,283    
Goodwill   156,566    
Deferred tax assets, net   88,147    
Other assets   66,173    
Total assets   1,025,743    
LIABILITIES        
Accounts payable   26,735    
Senior notes and other debts payable   282,793    
Other liabilities   73,593    
Total liabilities   383,121    
Total purchase price   642,622    
WCI Communities, Inc. | Lennar Financial Services        
Inventories:        
Goodwill     $ 20,000  
WCI Communities, Inc. | Homebuilding East        
Inventories:        
Goodwill   $ 136,600    
WCI Communities, Inc. | Non-compete Agreements        
LIABILITIES        
Amortization period   6 months    
WCI Communities, Inc. | Trade Name        
LIABILITIES        
Amortization period   20 years    
[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 February 28, 2018, total assets include $864.8 million related to consolidated VIEs of which $7.6 million is included in Lennar Homebuilding cash and cash equivalents, $0.1 million in Lennar Homebuilding receivables, net, $45.4 million in Lennar Homebuilding finished homes and construction in progress, $308.8 million in Lennar Homebuilding land and land under development, $366.7 million in Lennar Homebuilding consolidated inventory not owned, $4.5 million in Lennar Homebuilding investments in unconsolidated entities, $11.7 million in Lennar Homebuilding other assets, $20.0 million in Rialto assets and $100.0 million in Lennar Multifamily assets.
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.