XML 57 R47.htm IDEA: XBRL DOCUMENT v3.23.3
Homebuilding Senior Notes and Other Debts Payable (Schedule of Senior Notes and Other Debts Payable) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2023
Aug. 31, 2023
Aug. 31, 2022
Nov. 30, 2022
Debt Instrument [Line Items]        
Redemption of senior notes   $ 633,059 $ 575,000  
Homebuilding        
Debt Instrument [Line Items]        
Senior notes and other debts payable, net [1] $ 3,320,119 $ 3,320,119   $ 4,047,294
Homebuilding | Senior Notes | 4.875% senior notes due December 2023        
Debt Instrument [Line Items]        
Interest rate (percent) 4.875% 4.875%    
Senior notes and other debts payable, net $ 377,973 $ 377,973   399,169
Redemption of senior notes $ 19,900 $ 21,800    
Homebuilding | Senior Notes | 4.50% senior notes due 2024        
Debt Instrument [Line Items]        
Interest rate (percent) 4.50% 4.50%    
Senior notes and other debts payable, net $ 463,407 $ 463,407   648,975
Redemption of senior notes $ 30,400 $ 186,200    
Homebuilding | Senior Notes | 5.875% senior notes due 2024        
Debt Instrument [Line Items]        
Interest rate (percent) 5.875% 5.875%    
Senior notes and other debts payable, net $ 0 $ 0   434,128
Redemption of senior notes $ 425,000      
Homebuilding | Senior Notes | 4.75% senior notes due 2025        
Debt Instrument [Line Items]        
Interest rate (percent) 4.75% 4.75%    
Senior notes and other debts payable, net $ 499,225 $ 499,225   498,892
Homebuilding | Senior Notes | 5.25% senior notes due 2026        
Debt Instrument [Line Items]        
Interest rate (percent) 5.25% 5.25%    
Senior notes and other debts payable, net $ 403,345 $ 403,345   404,257
Homebuilding | Senior Notes | 5.00% senior notes due 2027        
Debt Instrument [Line Items]        
Interest rate (percent) 5.00% 5.00%    
Senior notes and other debts payable, net $ 351,453 $ 351,453   351,741
Homebuilding | Senior Notes | 4.75% senior notes due 2027        
Debt Instrument [Line Items]        
Interest rate (percent) 4.75% 4.75%    
Senior notes and other debts payable, net $ 896,820 $ 896,820   896,259
Homebuilding | Mortgage notes on land and other debt        
Debt Instrument [Line Items]        
Senior notes and other debts payable, net $ 327,896 $ 327,896   $ 413,873
[1] As of August 31, 2023, total liabilities include $1.1 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $147.8 million is included in Homebuilding accounts payable, $878.2 million in Homebuilding liabilities related to consolidated inventory not owned, $25.9 million in Homebuilding senior notes and other debts payable and $4.0 million in Multifamily liabilities.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 debt payable, $7.2 million in Homebuilding other liabilities, $3.8 million in Multifamily liabilities and $2.2 million in Lennar Other liabilities.