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Rialto Segment (Narrative) (Details)
3 Months Ended 12 Months Ended
Feb. 28, 2018
USD ($)
transaction
Feb. 28, 2017
USD ($)
transaction
Nov. 30, 2015
Dec. 31, 2010
business
Nov. 30, 2017
USD ($)
Nov. 30, 2010
Segment Reporting Information [Line Items]            
Originations of loans receivable $ 0 $ 9,330,000        
Assets [1] 27,944,023,000       $ 18,745,034,000  
Liabilities [2] 14,769,939,000       10,758,902,000  
Distributions of earnings from unconsolidated entities 3,542,000 31,949,000        
Rialto            
Segment Reporting Information [Line Items]            
Debt issue costs 4,100,000       3,100,000  
Assets [1] 909,249,000       1,153,840,000  
Liabilities 488,104,000       720,056,000  
Real estate owned, net 63,284,000       86,047,000  
Loans receivable, net 1,932,000       1,933,000  
Borrowings under facilities $ 438,879,000       625,081,000  
Percentage interest in loans 75.00%          
Maximum percentage of LLC equity units employees are eligible to receive as part of carried interest incentive plan     40.00%      
Investments held-to-maturity $ 210,882,000       179,659,000  
Rialto | Warehouse Repurchase Facility            
Segment Reporting Information [Line Items]            
Borrowings under facilities 45,900,000       162,100,000  
Rialto | CMBS            
Segment Reporting Information [Line Items]            
Investments held-to-maturity 210,900,000       179,700,000 [1]  
Impairment charges for CMBS securities $ 0 0        
Rialto | CMBS | Minimum            
Segment Reporting Information [Line Items]            
Discount rate as a percentage of face value for held-to-maturity securities 9.00%          
Coupon rate for held-to-maturity securities 1.30%          
Rialto | CMBS | Maximum            
Segment Reporting Information [Line Items]            
Discount rate as a percentage of face value for held-to-maturity securities 84.00%          
Coupon rate for held-to-maturity securities 5.00%          
Rialto | Rialto Real Estate Fund, LP            
Segment Reporting Information [Line Items]            
Advanced distributions from unconsolidated entities $ 3,100,000 900,000        
Distributions of earnings from unconsolidated entities 2,400,000 10,000,000.0        
Rialto | Rialto Mortgage Finance            
Segment Reporting Information [Line Items]            
Originations of loans receivable 238,000,000.0 403,700,000        
Proceeds from sale of loans held-for-sale $ 347,700,000 $ 477,700,000        
Number of securitization transactions | transaction 3 3        
Receivables from securitization $ 0 $ 0        
Rialto | Rialto Mortgage Finance | Warehouse Repurchase Facility            
Segment Reporting Information [Line Items]            
Borrowings under facilities 45,900,000       162,100,000  
Rialto | Rialto Mortgage Finance | Performing Financing Receivable            
Segment Reporting Information [Line Items]            
Originations of loans receivable   9,300,000        
Rialto | Rialto Mortgage Finance | Held-for-sale            
Segment Reporting Information [Line Items]            
Originations of loans receivable   $ 394,300,000        
Rialto | Variable Interest Entity, Primary Beneficiary            
Segment Reporting Information [Line Items]            
Assets 20,000,000.0       48,800,000  
Liabilities 1,800,000       2,200,000  
Rialto | Variable Interest Entity, Primary Beneficiary | FDIC Portfolio            
Segment Reporting Information [Line Items]            
Assets 20,000,000.0       48,800,000  
Cash 10,100,000       23,800,000  
Real estate owned, net 7,400,000       20,000,000.0  
Loans receivable, net $ 1,600,000       $ 1,600,000  
Rialto | FDIC Portfolio            
Segment Reporting Information [Line Items]            
Managing member equity interests acquired           40.00%
Number of businesses acquired | business       2    
[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.