XML 71 R60.htm IDEA: XBRL DOCUMENT v3.21.2

Variable Interest Entities (Estimated Maximum Exposure To Loss) (Details) - Variable Interest Entity, Not Primary Beneficiary - USD ($) $ in Thousands	May 31, 2021	Nov. 30, 2020
Variable Interest Entity [Line Items]
Investments in Unconsolidated VIEs	$ 927,846	$ 949,447
Lennar’s Maximum Exposure to Loss	1,105,148	1,101,506
Homebuilding
Variable Interest Entity [Line Items]
Investments in Unconsolidated VIEs	94,264	89,654
Lennar’s Maximum Exposure to Loss	214,014	89,828
Multifamily
Variable Interest Entity [Line Items]
Investments in Unconsolidated VIEs	624,440	619,540
Lennar’s Maximum Exposure to Loss	681,992	717,271
Multifamily | Equity Commitments
Variable Interest Entity [Line Items]
Obligations related to VIEs	34,700	88,100
Financial Services
Variable Interest Entity [Line Items]
Investments in Unconsolidated VIEs	162,919	164,230
Lennar’s Maximum Exposure to Loss	162,919	164,230
Lennar Other
Variable Interest Entity [Line Items]
Investments in Unconsolidated VIEs	46,223	76,023
Lennar’s Maximum Exposure to Loss	$ 46,223	$ 130,177

X

- Definition

Amount of net assets (liabilities).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=77885760&loc=SL35686385-199418

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 205
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=118262037&loc=d3e9915-115836

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 220
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(7))
-URI http://asc.fasb.org/extlink&oid=120401555&loc=SL114874367-224272

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 210
-Section S99
-Paragraph 2
-Subparagraph (SX 210.6-05(4))
-URI http://asc.fasb.org/extlink&oid=120401414&loc=d3e604008-122996

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 220
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(6))
-URI http://asc.fasb.org/extlink&oid=120401555&loc=SL114874367-224272

+ Details

Name:	us-gaap_AssetsNet
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Difference between the carrying amount of assets and liabilities in the reporting entity's statement of financial position that relate to the reporting entity's variable interest in the variable interest entity (VIE) and the reporting entity's maximum exposure to loss as a result of its involvement with the VIE, where the reporting entity is not the VIE's primary beneficiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5728-111685

+ Details

Name:	us-gaap_VariableInterestDifferenceBetweenCarryingAmountAndMaximumExposure
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The reporting entity's maximum amount of exposure to loss as a result of its involvement with the Variable Interest Entity (VIE).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 6
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5747-111685

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph b
-URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5728-111685

+ Details

Name:	us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_VariableInterestEntityLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_ConsolidatedEntitiesAxis=us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=len_LennarHomebuildingEastCentralWestHoustonandOtherMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=len_LennarMultifamilyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_GuaranteeObligationsByNatureAxis=len_EquityCommitmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=len_LennarFinancialServicesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=us-gaap_AllOtherSegmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: