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Rialto Segment (Assets And Liabilities By Segment) (Details) - USD ($)
$ in Thousands
Feb. 28, 2018
Nov. 30, 2017
Feb. 28, 2017
Nov. 30, 2016
Assets:        
Cash and cash equivalents $ 1,029,585 $ 2,650,872 $ 929,060 $ 1,329,529
Total assets [1] 27,944,023 18,745,034    
Liabilities:        
Total liabilities [2] 14,769,939 10,758,902    
Rialto        
Assets:        
Cash and cash equivalents 113,582 241,861    
Restricted cash 20,536 22,466    
Lennar Financial Services loans held-for-sale 125,013 236,018    
Loans receivable, net 1,932 1,933    
Real estate owned, net 63,284 86,047    
Investments in unconsolidated entities [1] 275,850 265,418    
Investments held-to-maturity 210,882 179,659    
Other 98,170 120,438    
Total assets [1] 909,249 1,153,840    
Liabilities:        
Notes and other debts payable 438,879 625,081    
Other 49,225 94,975    
Total liabilities 488,104 720,056    
Rialto | Warehouse Repurchase Facility        
Liabilities:        
Notes and other debts payable 45,900 162,100    
Rialto | Senior Notes | 7.00% Senior Notes due 2018        
Liabilities:        
Senior notes and other debts payable $ 249,100 $ 349,400    
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 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.
[2] 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 liabilities include $366.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $4.5 million is included in Lennar Homebuilding accounts payable, $11.1 million in Lennar Homebuilding senior notes and other debts payable, $347.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.5 million in Lennar Homebuilding other liabilities, $1.8 million in Rialto liabilities and $0.1 million in Lennar Multifamily liabilities.
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.