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Investments In Unconsolidated Entities (Summarized Financial Information of Unconsolidated Entities) (Details) - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Assets:      
Total assets [1] $ 37,984,295 $ 33,207,778  
LIABILITIES AND EQUITY      
Equity 24,240,367 [2] 20,996,282 [2] $ 18,099,401
Total liabilities and equity [2] 37,984,295 33,207,778  
Statement of Operations Years Ended:      
Net earnings (including net earnings attributable to noncontrolling interests) 4,648,501 4,456,549 2,467,553
Operating Segments      
Assets:      
Total assets 37,984,295 33,207,778  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 2,137,813 1,972,383  
Statement of Operations Years Ended:      
Total revenues 33,671,010 27,130,676 22,488,854
Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 833,095 917,680  
Loans receivable 25,045 65,971  
Real estate owned 213,103 279,200  
Investment securities 2,543,715 2,461,788  
Investments in partnerships 165,599 346,042  
Inventories 5,392,285 4,666,454  
Operating properties and equipment 7,146,981 6,451,302  
Other assets 2,125,129 1,376,201  
Total assets 18,444,952 16,564,638  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 1,410,518 1,324,885  
Debt 6,035,393 5,023,715  
Equity 10,999,041 10,216,038  
Total liabilities and equity 18,444,952 16,564,638  
Statement of Operations Years Ended:      
Total revenues 1,747,336 1,383,266 1,362,686
Costs and expenses 1,695,272 1,448,775 1,221,873
Other income 197,056 187,625 (244,680)
Net earnings (including net earnings attributable to noncontrolling interests) 249,120 122,116 (103,867)
Equity in earnings (loss) from unconsolidated entities (36,302) 48,993 (13,939)
Homebuilding      
Assets:      
Total assets [1] 32,684,162 27,467,819  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities [1] 1,173,164 972,084  
Debt issuance costs 18,400 11,900  
Homebuilding | Operating Segments      
Assets:      
Total assets 32,684,162 27,467,819  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 1,173,164 972,084  
Statement of Operations Years Ended:      
Total revenues 31,951,335 25,545,242 20,981,136
Homebuilding | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 366,276 460,901  
Loans receivable 0 0  
Real estate owned 0 0  
Investment securities 0 0  
Investments in partnerships 0 0  
Inventories 5,391,285 4,666,454  
Operating properties and equipment 56,687 44,802  
Other assets 1,378,156 1,044,771  
Total assets 7,192,404 6,216,928  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 994,603 904,078  
Debt 1,383,302 1,216,721  
Equity 4,814,499 4,096,129  
Total liabilities and equity 7,192,404 6,216,928  
Financial Services      
Assets:      
Total assets [1] 3,254,257 2,964,367  
Financial Services | Operating Segments      
Assets:      
Total assets 3,254,257 2,964,367  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 0 0  
Statement of Operations Years Ended:      
Total revenues 809,680 898,745 890,311
Multifamily      
Assets:      
Total assets [1] 1,257,337 1,311,747  
LIABILITIES AND EQUITY      
Debt issuance costs 26,400 23,400  
Multifamily | Operating Segments      
Assets:      
Total assets 1,257,337 1,311,747  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 648,126 654,029  
Statement of Operations Years Ended:      
Total revenues 865,603 665,232 576,328
Equity in earnings (loss) from unconsolidated entities 52,821 9,031 21,934
Multifamily | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 53,121 25,972  
Loans receivable 0 0  
Real estate owned 0 0  
Investment securities 0 0  
Investments in partnerships 0 0  
Inventories 1,000 0  
Operating properties and equipment 7,090,294 6,406,500  
Other assets 523,152 111,750  
Total assets 7,667,567 6,544,222  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 245,266 240,928  
Debt 4,318,774 3,407,362  
Equity 3,103,527 2,895,932  
Total liabilities and equity 7,667,567 6,544,222  
Lennar Other      
Assets:      
Total assets [1] 788,539 1,463,845  
Lennar Other | Operating Segments      
Assets:      
Total assets 788,539 1,463,845  
LIABILITIES AND EQUITY      
Investments in unconsolidated entities 316,523 346,270  
Statement of Operations Years Ended:      
Total revenues 44,392 21,457 $ 41,079
Lennar Other | Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Assets:      
Cash and cash equivalents 413,698 430,807  
Loans receivable 25,045 65,971  
Real estate owned 213,103 279,200  
Investment securities 2,543,715 2,461,788  
Investments in partnerships 165,599 346,042  
Inventories 0 0  
Operating properties and equipment 0 0  
Other assets 223,821 219,680  
Total assets 3,584,981 3,803,488  
LIABILITIES AND EQUITY      
Accounts payable and other liabilities 170,649 179,879  
Debt 333,317 399,632  
Equity 3,081,015 3,223,977  
Total liabilities and equity $ 3,584,981 $ 3,803,488  
[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, 2022, total assets include $1.4 billion related to consolidated VIEs of which $56.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $29.4 million in Homebuilding finished homes and construction in progress, $736.5 million in Homebuilding land and land under development, $533.8 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets, $33.2 million in Multifamily assets and $9.0 million in Lennar Other assets.
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.
[2] As of November 30, 2022, total liabilities include $620.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $66.9 million is included in Homebuilding accounts payable, $510.9 million in Homebuilding liabilities related to consolidated inventory not owned, $29.4 million in Homebuilding senior notes and other debts payable, $7.2 million in Homebuilding other liabilities, $3.8 million in Multifamily liabilities and $2.2 million in Lennar Other liabilities.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.