XML 45 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Lennar Homebuilding Senior Notes and Other Debts Payable (Tables)
9 Months Ended
Aug. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Senior Notes and Other Debts Payable
(Dollars in thousands)
August 31,
2018
 
November 30,
2017
Unsecured revolving credit facility
$
650,000

 

4.125% senior notes due December 2018
274,887

 
274,459

0.25% convertible senior notes due 2019
1,292

 

4.500% senior notes due 2019
499,364

 
498,793

4.50% senior notes due 2019
598,997

 
598,325

6.625% senior notes due 2020 (1)
313,752

 

2.95% senior notes due 2020
298,692

 
298,305

8.375% senior notes due 2021 (1)
440,156

 

4.750% senior notes due 2021
497,915

 
497,329

6.25% senior notes due December 2021 (1)
316,541

 

4.125% senior notes due 2022
596,647

 
595,904

5.375% senior notes due 2022 (1)
261,769

 

4.750% senior notes due 2022
570,185

 
569,484

4.875% senior notes due December 2023
395,662

 
394,964

4.500% senior notes due 2024
645,897

 
645,353

5.875% senior notes due 2024 (1)
454,001

 

4.750% senior notes due 2025
497,003

 
496,671

5.25% senior notes due 2026 (1)
409,436

 

5.00% senior notes due 2027 (1)
353,371

 

4.75% senior notes due 2027
892,110

 
892,657

6.95% senior notes due 2018

 
249,342

Mortgage notes on land and other debt
440,310

 
398,417

 
$
9,407,987

 
6,410,003


(1)
These notes were obligations of CalAtlantic when it was acquired, and were subsequently exchanged in part for notes of Lennar Corporation as follows: $267.7 million principal amount of 6.625% senior notes due 2020, $397.6 million principal amount of 8.375% senior notes due 2021, $292.0 million principal amount of 6.25% senior notes due 2021, $240.8 million principal amount of 5.375% senior notes due 2022, $421.4 million principal amount of 5.875% senior notes due 2024, $395.5 million principal amount of 5.25% senior notes due 2026 and $347.3 million principal amount of 5.00% senior notes due 2027. As part of purchase accounting, the senior notes have been recorded at their fair value as of the date of acquisition (February 12, 2018).