XML 74 R63.htm IDEA: XBRL DOCUMENT v3.8.0.1
Lennar Multifamily Segment (Assets and Liabilities related to Multifamily 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    
Lennar Multifamily        
Segment Reporting Information [Line Items]        
Debt issuance cost 17,600 17,600    
Assets:        
Cash and cash equivalents 16,249 8,676    
Receivables, net 72,613 69,678    
Land under development 332,291 208,618    
Investments in unconsolidated entities 437,367 407,544    
Other assets 34,310 16,209    
Total assets 892,830 710,725 [1]    
Liabilities:        
Accounts payable and other liabilities $ 141,057 $ 149,715    
[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.