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Investments In Unconsolidated Entities (Summarized Financial Information of Unconsolidated Entities) (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2019
Assets:      
Total assets [1] $ 33,207,778 $ 29,935,177  
LIABILITIES AND EQUITY      
Equity 20,996,282 [2] 18,099,401 [2] $ 16,033,830
Total liabilities and equity [2] 33,207,778 29,935,177  
Investments in unconsolidated entities 1,972,383 2,064,921  
Statement of Operations Years Ended:      
Total revenues 27,130,676 22,488,854 22,259,561
Net earnings (including net earnings (loss) attributable to noncontrolling interests) 4,456,549 2,467,553 1,842,119
Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 917,680 814,222  
Loans receivable 65,971 95,281  
Real estate owned 279,200 295,391  
Investment securities 2,461,788 2,093,766  
Investments in partnerships 346,042 260,721  
Inventories 4,666,454 4,527,371  
Operating properties and equipment 6,451,302 5,564,669  
Other assets 1,376,201 2,077,942  
Total assets 16,564,638 15,729,363  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 1,324,885 1,117,447  
Debt 5,023,715 3,897,519  
Equity 10,216,038 10,714,397  
Total liabilities and equity 16,564,638 15,729,363  
Statement of Operations Years Ended:      
Total revenues 1,383,266 1,362,686 782,712
Costs and expenses 1,448,775 1,221,873 774,550
Other income 187,625 (244,680) 347,018
Net earnings (including net earnings (loss) attributable to noncontrolling interests) 122,116 (103,867) 355,180
Equity in earnings (loss) from unconsolidated entities 48,993 (13,939) $ 13,393
Homebuilding      
Assets:      
Total assets [1] 27,467,819 25,529,425  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities [1] 972,084 953,177  
Debt issuance costs 11,900 11,800  
Homebuilding | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 460,901 546,013  
Loans receivable 0 0  
Real estate owned 0 0  
Investment securities 0 0  
Investments in partnerships 0 0  
Inventories 4,666,454 4,527,371  
Operating properties and equipment 44,802 148,020  
Other assets 1,044,771 862,875  
Total assets 6,216,928 6,084,279  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 904,078 866,812  
Debt 1,216,721 1,085,639  
Equity 4,096,129 4,131,828  
Total liabilities and equity 6,216,928 6,084,279  
Financial Services      
Assets:      
Total assets [1] 2,964,367 2,708,118  
Multifamily      
Assets:      
Total assets [1] 1,311,747 1,175,908  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 654,029 724,647  
Debt issuance costs 23,400 31,100  
Multifamily | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 25,972 94,801  
Loans receivable 0 0  
Real estate owned 0 0  
Investment securities 0 0  
Investments in partnerships 0 0  
Inventories 0 0  
Operating properties and equipment 6,406,500 5,392,681  
Other assets 111,750 115,968  
Total assets 6,544,222 5,603,450  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 240,928 219,522  
Debt 3,407,362 2,519,567  
Equity 2,895,932 2,864,361  
Total liabilities and equity 6,544,222 5,603,450  
Lennar Other      
Assets:      
Total assets [1] 1,463,845 521,726  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 346,270 387,097  
Lennar Other | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 430,807 284,517  
Loans receivable 65,971 95,281  
Real estate owned 279,200 295,391  
Investment securities 2,461,788 2,169,480  
Investments in partnerships 346,042 260,721  
Inventories 0 0  
Operating properties and equipment 0 23,968  
Other assets 219,680 1,263,881  
Total assets 3,803,488 4,393,239  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 179,879 190,384  
Debt 399,632 292,313  
Equity 3,223,977 3,910,542  
Total liabilities and equity $ 3,803,488 $ 4,393,239  
[1] Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations, ("ASC 810") the Company is required to separately disclose on its consolidated balance sheets the assets of consolidated variable interest entities ("VIEs") that are owned by the consolidated VIEs and liabilities of consolidated VIEs as to which there is no recourse against the Company.
As of November 30, 2021, total assets include $1.1 billion related to consolidated VIEs of which $60.9 million is included in Homebuilding cash and cash equivalents, $4.4 million in Homebuilding receivables, net, $14.3 million in Homebuilding finished homes and construction in progress, $697.1 million in Homebuilding land and land under development, $239.2 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $17.4 million in Homebuilding other assets and $80.6 million in Multifamily assets.
As of November 30, 2020, total assets include $1.1 billion related to consolidated VIEs of which $32.1 million is included in Homebuilding cash and cash equivalents, $0.1 million in Homebuilding receivables, net, $14.2 million in Homebuilding finished homes and construction in progress, $486.8 million in Homebuilding land and land under development, $426.3 million in Homebuilding consolidated inventory not owned, $1.6 million in Homebuilding investments in unconsolidated entities, $120.6 million in Homebuilding other assets and $39.9 million in Multifamily assets.
[2] As of November 30, 2021, total liabilities include $258.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $26.6 million is included in Homebuilding accounts payable, $196.6 million in Homebuilding liabilities related to consolidated inventory not owned, $20.1 million in Homebuilding senior notes and other debts payable, $12.3 million in Homebuilding other liabilities and $2.8 million in Multifamily liabilities.As of November 30, 2020, total liabilities include $528.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $28.4 million is included in Homebuilding accounts payable, $351.4 million in Homebuilding liabilities related to consolidated inventory not owned, $129.1 million in Homebuilding senior notes and other debts payable, $9.9 million in Homebuilding other liabilities and $9.8 million in Multifamily liabilities.