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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.