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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
Revenues [Abstract]        
Revenues $ 6,430,245 $ 5,287,373 $ 11,755,713 $ 9,792,710
Cost and expenses:        
Corporate general and administrative 90,717 78,183 201,248 160,817
Charitable foundation contribution 14,493 5,268 26,807 9,481
Total costs and expenses 5,286,815 4,629,538 9,761,109 8,705,457
Homebuilding equity in loss from unconsolidated entities     67,618 (40,355)
Financial Services gain on deconsolidation     0 61,418
Earnings (loss) before income taxes 1,096,885 676,577 2,423,899 1,100,129
Provision for income taxes (260,113) (160,479) (570,218) (192,808)
Net earnings (including net earnings (loss) attributable to noncontrolling interests) 836,772 516,098 1,853,681 907,321
Less: Net earnings (loss) attributable to noncontrolling interests 5,409 (1,308) 20,949 (8,537)
Net earnings attributable to Lennar 831,363 517,406 1,832,732 915,858
Other comprehensive income (loss), net of tax:        
Net unrealized gain (loss) on securities available-for-sale 316 (338) (626) (384)
Reclassification adjustments for loss included in earnings, net of tax 0 (452) 0 (452)
Total other comprehensive income (loss), net of tax 316 (790) (626) (836)
Total comprehensive income attributable to Lennar 831,679 516,616 1,832,106 915,022
Total comprehensive income (loss) attributable to noncontrolling interests $ 5,409 $ (1,308) $ 20,949 $ (8,537)
Basic earnings per share (in dollars per share) $ 2.66 $ 1.66 $ 5.86 $ 2.92
Diluted earnings per share (in dollars per share) $ 2.65 $ 1.65 $ 5.85 $ 2.91
Homebuilding        
Revenues [Abstract]        
Revenues $ 6,028,041 $ 4,949,484 $ 10,971,097 $ 9,121,600
Operating Segments | Homebuilding        
Revenues [Abstract]        
Revenues 6,028,041 4,949,484 10,971,097 9,121,600
Cost and expenses:        
Cost and expenses 4,909,516 4,313,331 9,027,802 8,011,137
Corporate general and administrative 0 0 0 0
Charitable foundation contribution 0 0 0 0
Homebuilding equity in loss from unconsolidated entities (1,688) (9,100) (6,253) (13,646)
Homebuilding other income (expense), net (4,362) 4,308 8,613 (5,058)
Earnings (loss) before income taxes 1,112,475 631,361 1,945,655 1,091,759
Operating Segments | Financial Services        
Revenues [Abstract]        
Revenues 218,747 196,263 462,816 394,924
Cost and expenses:        
Cost and expenses 97,427 110,355 195,289 261,699
Corporate general and administrative 0 0 0 0
Charitable foundation contribution 0 0 0 0
Financial Services gain on deconsolidation 0 61,418 0 61,418
Earnings (loss) before income taxes 121,320 147,326 267,527 194,643
Operating Segments | Multifamily        
Revenues [Abstract]        
Revenues 177,473 123,117 308,916 255,734
Cost and expenses:        
Cost and expenses 168,930 123,473 299,979 260,821
Corporate general and administrative 0 0 0 0
Charitable foundation contribution 0 0 0 0
Multifamily equity in earnings (loss) from unconsolidated entities and other gain 13,854 (282) 12,586 6,234
Earnings (loss) before income taxes 22,397 (638) 21,523 1,147
Operating Segments | Lennar Other        
Revenues [Abstract]        
Revenues 5,984 18,509 12,884 20,452
Cost and expenses:        
Cost and expenses 5,732 (1,072) 9,984 1,502
Corporate general and administrative 0 0 0 0
Charitable foundation contribution 0 0 0 0
Lennar Other realized and unrealized gain (loss) (117,570) 0 352,175 0
Lennar Other equity in earnings (loss) from unconsolidated entities and other income (expense), net 63,221 (37,602) 62,174 (36,072)
Earnings (loss) before income taxes (54,097) (18,021) 417,249 (17,122)
Corporate and Unallocated        
Revenues [Abstract]        
Revenues 0 0 0 0
Cost and expenses:        
Corporate general and administrative 90,717 78,183 201,248 160,817
Charitable foundation contribution 14,493 5,268 26,807 9,481
Earnings (loss) before income taxes $ (105,210) $ (83,451) $ (228,055) $ (170,298)