XML 98 R81.htm IDEA: XBRL DOCUMENT
v3.24.4

Financial Instruments and Fair Value Disclosure (Fair Value Assets Measured On Nonrecurring Basis) (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Nov. 30, 2024 | Nov. 30, 2023 | Nov. 30, 2022
Homebuilding |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Inventory write-down | $ 5,100 | $ 19,900 |
Fair Value, Measurements, Nonrecurring | Homebuilding | Level 3 |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Finished homes and construction in progress, carrying value | 516,081 | 458,569 | $ 347,300
Finished homes and construction in progress, fair value | 467,946 | 396,795 | 295,663
Finished homes and construction in progress, total gains and losses | (48,135) | (61,774) | (51,637)
Land and land under development, carrying value | 0 | 52,147 | 135,844
Land and land under development, fair value | 0 | 49,539 | 126,135
Land and land under development, total gains (losses) | 0 | (2,608) | (9,709)
Deposits And Pre-acquisition Costs On Real Estate, Carrying Value | 5,120 | 19,914 | 47,893
Deposits And Pre-acquisition Costs On Real Estate, Fair Value | 0 | 0 | 0
Deposits And Pre-acquisition Costs On Real Estate, Net | (5,120) | (19,914) | (47,893)
Fair Value, Measurements, Nonrecurring | Homebuilding | Level 3 | Equity Method Investments |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Assets, Fair Value Adjustment | 0 | (41,042) | (1,454)
Fair Value, Measurements, Nonrecurring | Homebuilding | Level 3 | Carrying Amount |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Fair value of equity investment | 0 | 78,834 | (1,454)
Fair Value, Measurements, Nonrecurring | Homebuilding | Level 3 | Fair Value |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Fair value of equity investment | 0 | (37,792) | 0
Fair Value, Measurements, Nonrecurring | Lennar Other | Level 3 |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
REO - held-for-sale upon acquisition/transfer, carrying value | 139,980 | 0 | 0
REO - held-for-sale upon acquisition/transfer, fair value | 49,970 | 0 | 0
REO - held-for-sale upon acquisition/transfer, total gains (losses) | (90,010) | 0 | 0
REO - held-for-sale upon management periodic valuations, carrying value | 24,753 | 0 | 0
REO - held-for-sale upon management periodic valuations, fair value | 0 | 0 | 0
REO - held-for-sale upon management periodic valuations, total gains (losses) | $ (24,753) | $ 0 | $ 0

X
- Definition Deposits And Pre-acquisition Costs On Real Estate, Carrying Value + References No definition available. + Details
Name: | len_DepositsAndPreAcquisitionCostsOnRealEstateCarryingValue
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Deposits And Pre-acquisition Costs On Real Estate, Fair Value + References No definition available. + Details
Name: | len_DepositsAndPreAcquisitionCostsOnRealEstateFairValue
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Deposits And Pre-acquisition Costs On Real Estate, Net + References No definition available. + Details
Name: | len_DepositsAndPreAcquisitionCostsOnRealEstateNet
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory, Homes under Construction and Finished Homes, Fair Value Measurement Adjustments, After Impairment + References No definition available. + Details
Name: | len_InventoryHomesunderConstructionandFinishedHomesFairValueMeasurementAdjustmentsAfterImpairment
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory, Homes under Construction and Finished Homes, Fair Value Measurement Adjustments, Before Impairment + References No definition available. + Details
Name: | len_InventoryHomesunderConstructionandFinishedHomesFairValueMeasurementAdjustmentsBeforeImpairment
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory, Real Estate, Land and Land Development Costs, Fair Value Measurement Adjustments, After Impairment + References No definition available. + Details
Name: | len_InventoryRealEstateLandandLandDevelopmentCostsFairValueMeasurementAdjustmentsAfterImpairment
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory, Real Estate, Land and Land Development Costs, Fair Value Measurement Adjustments, Before Impairment + References No definition available. + Details
Name: | len_InventoryRealEstateLandandLandDevelopmentCostsFairValueMeasurementAdjustmentsBeforeImpairment
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory Write-Down, Homes Under Construction and Finished Homes + References No definition available. + Details
Name: | len_InventoryWriteDownHomesUnderConstructionandFinishedHomes
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory Write-down, Real Estate Land and Land Development Costs + References No definition available. + Details
Name: | len_InventoryWritedownRealEstateLandandLandDevelopmentCosts
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This item represents the fair value of REO held-for-sale after gains (losses) upon foreclosure. + References No definition available. + Details
Name: | len_REOHeldForSaleFairValueAfterGainsandLosses
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Real Estate Owned, Held-For-Sale, Fair Value Measurement Adjustments, After Gain (Loss) + References No definition available. + Details
Name: | len_RealEstateOwnedHeldForSaleFairValueMeasurementAdjustmentsAfterGainLoss
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Real Estate Owned, Held-For-Sale, Fair Value Measurement Adjustments, After Impairments + References No definition available. + Details
Name: | len_RealEstateOwnedHeldForSaleFairValueMeasurementAdjustmentsAfterImpairments
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Real Estate Owned, Held-For-Sale, Fair Value Measurement Adjustments, Before Impairments + References No definition available. + Details
Name: | len_RealEstateOwnedHeldForSaleFairValueMeasurementAdjustmentsBeforeImpairments
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Real Estate Owned, Held-For-Sale, Gain (Loss) + References No definition available. + Details
Name: | len_RealEstateOwnedHeldForSaleGainLoss
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Real Estate Owned, Held-For-Sale, Impairments + References No definition available. + Details
Name: | len_RealEstateOwnedHeldForSaleImpairments
Namespace Prefix: | len_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of addition (reduction) to the amount at which an asset could be incurred (settled) in a current transaction between willing parties. + References No definition available. + Details
Name: | us-gaap_AssetsFairValueAdjustment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair value portion of investments accounted under the equity method. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2E -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_EquityMethodInvestmentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of loss from reductions in inventory due to subsequent measurement adjustments, including, but not limited to, physical deterioration, obsolescence, or changes in price levels. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483080/330-10-50-2 + Details
Name: | us-gaap_InventoryWriteDown
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsNonrecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_EquityMethodInvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=len_LennarOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |