Year-over-year, this metric declined by 100.0%, from $7.59M to $0.00.
Rising carrying values indicate a growing land pipeline, whereas significant declines may suggest asset liquidation or aggressive write-downs.
The book value of land assets held for future multifamily development, adjusted for any impairments or accumulated costs...
Comparable to 'real estate inventory' or 'land held for development' on the balance sheets of homebuilders and developers.
len_segment_multifamily_land_and_land_under_development_carrying_value| Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $139.98M | $7.59M | $3.12M | $0.00 | $0.00 |
| QoQ Change | — | — | — | — | -94.6% | -58.9% | -100.0% | — |
| YoY Change | — | — | — | — | — | — | -100.0% | -100.0% |