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Business Acquisition (Schedule of Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Thousands
Feb. 12, 2018
May 31, 2019
Nov. 30, 2018
Homebuilding      
Inventories:      
Goodwill [1]   $ 3,442,359 $ 3,442,359
Financial Services      
Inventories:      
Goodwill   $ 215,516 $ 237,688
CalAtlantic Group, Inc.      
Inventories:      
Goodwill $ 3,300,000    
Total assets 10,676,309    
LIABILITIES      
Total liabilities 4,425,532    
Noncontrolling interests 18,430    
Total purchase price 6,232,347    
CalAtlantic Group, Inc. | Homebuilding      
ASSETS      
Cash and cash equivalents, restricted cash and receivables, net 55,191    
Inventories:      
Inventories 6,239,147    
Intangible assets 8,000    
Investments in unconsolidated entities 151,900    
Goodwill 3,305,792    
Other assets 561,151    
Total assets 10,321,181    
LIABILITIES      
Accounts payable 306    
Senior notes and other debts payable 3,926,152    
Other liabilities 374,656    
Total liabilities 4,301,114    
CalAtlantic Group, Inc. | Financial Services      
Inventories:      
Goodwill 175,400    
Total assets 355,128    
LIABILITIES      
Total liabilities 124,418    
CalAtlantic Group, Inc. | Homebuilding East      
Inventories:      
Goodwill $ 1,100,000    
CalAtlantic Group, Inc. | Trade Name | Homebuilding      
LIABILITIES      
Amortization period 6 months    
[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 May 31, 2019, total assets include $1.4 billion related to consolidated VIEs of which $52.9 million is included in Homebuilding cash and cash equivalents, $103.3 million in Homebuilding receivables, net, $240.1 million in Homebuilding finished homes and construction in progress, $301.0 million in Homebuilding land and land under development, $394.7 million in Homebuilding consolidated inventory not owned, $4.1 million in Homebuilding investments in unconsolidated entities, $10.4 million in Homebuilding other assets, $187.2 million in Financial Services assets, $50.8 million in Multifamily assets and $7.2 million in Lennar Other assets.
As of November 30, 2018, total assets include $666.2 million related to consolidated VIEs of which $57.6 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $81.7 million in Homebuilding finished homes and construction in progress, $293.1 million in Homebuilding land and land under development, $209.0 million in Homebuilding consolidated inventory not owned, $3.8 million in Homebuilding investments in unconsolidated entities, $10.5 million in Homebuilding other assets and $10.3 million in Lennar Other assets.