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Variable Interest Entities (Narrative) (Details) $ in Thousands | 6 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Nov. 30, 2024 USD ($) project | Nov. 30, 2024 USD ($) | Dec. 31, 2023 ft² | Nov. 30, 2023 USD ($) project
Variable Interest Entity [Line Items] |  |  |  |  |
Assets | [1] | $ 41,312,781 | $ 41,312,781 |  | $ 39,234,303
Liabilities | [2] | 13,291,556 | 13,291,556 |  | 12,532,337
Letters of credit outstanding |  | 2,400,000 | 2,400,000 |  |
Headquarters |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Area of Real Estate Property | ft² |  |  |  | 213,200 |
Corporate Joint Venture |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 3,600 | 3,600 |  |
Liabilities |  | 3,200 | 3,200 |  |
Variable Interest Entity, Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 3,700,000 | 3,700,000 |  | 1,900,000
Liabilities |  | 2,700,000 | 2,700,000 |  | 1,200,000
Variable Interest Entity, Not Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 1,193,963 | 1,193,963 |  | 1,240,627
Consolidated inventory not owned |  | 2,800,000 | 2,800,000 |  |
Land under Purchase Options, Not Recorded |  | 1,200,000 | 1,200,000 |  |
Land under Purchase Options, Matured |  |  | 1,500,000 |  |
Homebuilding |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets | [1] | 35,594,469 | 35,594,469 |  | 33,628,392
Liabilities | [2] | 10,863,209 | 10,863,209 |  | 9,727,994
Deposits and pre-acquisition costs on real estate |  | 3,625,372 | 3,625,372 |  | 2,002,154
Liabilities related to consolidated inventory not owned | [2] | 3,563,934 | 3,563,934 |  | 2,540,894
Consolidated inventory not owned | [1] | 4,084,665 | 4,084,665 |  | 2,992,528
Homebuilding | Land Bank |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Deposits and pre-acquisition costs on real estate |  | 1,400,000 | 1,400,000 |  |
Liabilities related to consolidated inventory not owned |  | 560,000 | 560,000 |  |
Consolidated inventory not owned |  | 726,500 | 726,500 |  |
Homebuilding | Variable Interest Entity, Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Liabilities related to consolidated inventory not owned |  | 2,600,000 | 2,600,000 |  | 1,100,000
Consolidated inventory not owned |  | 2,800,000 | 2,800,000 |  | 1,200,000
Homebuilding | Variable Interest Entity, Not Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 802,901 | 802,901 |  | 659,224
Multifamily |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets | [1] | 1,306,818 | 1,306,818 |  | 1,381,513
Liabilities | [2] | $ 181,883 | 181,883 |  | $ 278,177
Multifamily | LMV I |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Number of Projects | project |  |  |  |  | 38
Number Of Projects Sold | project |  | 33 |  |  |
Gain (Loss) on Disposition of Assets |  | $ 211,500 |  |  |
Proceeds from Sales of Assets, Investing Activities |  | 199,500 |  |  |
Multifamily | Variable Interest Entity, Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 33,900 | 33,900 |  | $ 32,600
Liabilities |  | 1,000 | 1,000 |  | 4,100
Multifamily | Variable Interest Entity, Not Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | 136,158 | 136,158 |  | 384,718
Financial Services |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets | [1] | 3,516,550 | 3,516,550 |  | 3,566,546
Liabilities | [2] | 2,140,708 | 2,140,708 |  | 2,447,039
Financial Services | Variable Interest Entity, Not Primary Beneficiary |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |
Assets |  | $ 135,646 | $ 135,646 |  | $ 140,676
[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, 2024, total assets include $3.7 billion related to consolidated VIEs of which $67.0 million is included in Homebuilding cash and cash equivalents, $6.0 million in Homebuilding receivables, net, $9.7 million in Homebuilding finished homes and construction in progress, $602.9 million in Homebuilding land and land under development, $2.8 billion in Homebuilding consolidated inventory not owned, $71.8 million in Homebuilding deposits and pre-acquisition costs on real estate, $0.3 million in Homebuilding investments in unconsolidated entities, $42.3 million in Homebuilding other assets and $33.9 million in Multifamily assets. As of November 30, 2023, total assets include $1.9 billion related to consolidated VIEs of which $22.8 million is included in Homebuilding cash and cash equivalents, $1.8 million in Homebuilding receivables, net, $18.3 million in Homebuilding finished homes and construction in progress, $628.0 million in Homebuilding land and land under development, $1.2 billion in Homebuilding consolidated inventory not owned, $55.0 million in Homebuilding deposits and pre-acquisition costs on real estate, $0.3 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets and $32.6 million in Multifamily assets.
[2] | As of November 30, 2024, total liabilities include $2.7 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $67.3 million is included in Homebuilding accounts payable, $2.6 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debts payable, net, $45.8 million in Homebuilding other liabilities and $1.0 million in Multifamily liabilities. As of November 30, 2023, total liabilities include $1.2 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $53.7 million is included in Homebuilding accounts payable, $1.1 billion in Homebuilding liabilities related to consolidated inventory not owned, $38.1 million in Homebuilding other liabilities and $4.1 million in Multifamily liabilities.

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