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Operating And Reporting Segments (Narrative) (Details) $ in Thousands | 12 Months Ended |
--- | --- | ---
Nov. 30, 2024 USD ($) transaction | Nov. 30, 2023 USD ($) transaction | Nov. 30, 2022 USD ($) | Nov. 30, 2021
Segment Reporting Information [Line Items] |  |  |  |  |
Non-public technology written off |  |  | $ 65,000 |  |
Homebuilding equity in loss from unconsolidated entities |  | $ 164,099 | (144,610) | $ (36,302) |
Nonoperating Income (Expense) |  | 225,866 | 30,517 | (15,286) |
Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Investments held-to-maturity |  | 135,646 | 140,676 |  |
Senior notes and other debts payable, net |  | 4,189,239 | 4,984,028 |  |
Investments in unconsolidated entities |  | 2,227,574 | 2,020,005 |  |
Doma Holdings, Inc |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Ownership percentage |  |  |  |  | 25.00%
Homebuilding equity in loss from unconsolidated entities |  | 20,900 |  |  |
Financial Services |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Origination of loans |  | 568,520 | 466,043 |  |
Loans sold |  | $ 522,647 | $ 430,707 |  |
Number of securitizations | transaction |  | 13 | 10 |  |
Financial Services | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Investments held-to-maturity |  | $ 135,646 | $ 140,676 |  |
Senior notes and other debts payable, net |  | 1,930,956 | 2,163,805 |  |
Investments in unconsolidated entities |  | 0 | 0 |  |
Financial Services | Loan Origination Liabilities |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Loss Contingency Accrual |  | $ 16,714 | 17,598 | $ 11,787 |
Financial Services | Commercial Mortgage-Backed Securities | Minimum |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Discount rate |  | 6.00% |  |  |
Coupon rate |  | 2.00% |  |  |
Financial Services | Commercial Mortgage-Backed Securities | Maximum |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Discount rate |  | 84.00% |  |  |
Coupon rate |  | 5.30% |  |  |
Financial Services | Warehouse Repurchase Facility |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Percentage of loan collateralized |  | 80.00% |  |  |
Lennar Other | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Investments held-to-maturity |  | $ 0 | 0 |  |
Senior notes and other debts payable, net |  | 0 | 0 |  |
Investments in unconsolidated entities |  | 379,435 | 276,244 |  |
Nonoperating Income (Expense) |  | 46,500 |  |  |
Homebuilding |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Senior notes and other debts payable, net | [1] | $ 2,258,283 | 2,816,482 |  |
Interest rate |  | 7.50% |  |  |
Investments in unconsolidated entities | [2] | $ 1,344,836 | 1,143,909 |  |
Homebuilding | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Investments held-to-maturity |  | 0 | 0 |  |
Senior notes and other debts payable, net |  | 2,258,283 | 2,816,482 |  |
Investments in unconsolidated entities |  | $ 1,344,836 | $ 1,143,909 |  |
[1] | 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.
[2] | 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.

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