Discontinued — last reported Q4 '15
A lower value indicates reduced financial risk and exposure to partner defaults, whereas a higher value signals increased potential liability.
This represents the maximum potential financial liability the company could face if its unconsolidated joint ventures de...
Standard risk disclosure for homebuilders with significant joint venture portfolios; peers aim to keep this within a manageable percentage of total equity.
len_segment_lennar_homebuilding_maximum_recourse_exposure