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Variable Interest Entities (Estimated Maximum Exposure To Loss) (Details) - USD ($) $ in Thousands | Feb. 28, 2025 | Nov. 30, 2024
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Millrose |  |  |
Variable Interest Entity [Line Items] |  |  |
Unconsolidated entities ownership percentage |  | 20.00% |
Lennar's carrying value of investments |  | $ 1,200,000 |
Variable Interest Entity, Not Primary Beneficiary |  |  |
Variable Interest Entity [Line Items] |  |  |
Investments in Unconsolidated VIEs |  | 2,416,045 | $ 1,193,963
Lennar’s Maximum Exposure to Loss |  | 2,487,606 | 1,271,059
Homebuilding |  |  |
Variable Interest Entity [Line Items] |  |  |
Lennar's carrying value of investments | [1] | 2,645,734 | 1,344,836
Homebuilding | Variable Interest Entity, Not Primary Beneficiary |  |  |
Variable Interest Entity [Line Items] |  |  |
Investments in Unconsolidated VIEs |  | 2,045,818 | 802,901
Lennar’s Maximum Exposure to Loss |  | 2,116,469 | 876,035
Homebuilding | Upward America Venture | Variable Interest Entity, Not Primary Beneficiary | Commitment to fund capital |  |  |
Variable Interest Entity [Line Items] |  |  |
Obligations related to VIEs |  | 20,200 | 20,400
Homebuilding | Upward America Venture | Variable Interest Entity, Not Primary Beneficiary | Commitment for recourse debt |  |  |
Variable Interest Entity [Line Items] |  |  |
Obligations related to VIEs |  | 44,200 |
Multifamily | Variable Interest Entity, Not Primary Beneficiary |  |  |
Variable Interest Entity [Line Items] |  |  |
Investments in Unconsolidated VIEs |  | 117,083 | 136,158
Lennar’s Maximum Exposure to Loss |  | 117,993 | 140,120
Lennar Financial Services | Variable Interest Entity, Not Primary Beneficiary |  |  |
Variable Interest Entity [Line Items] |  |  |
Investments in Unconsolidated VIEs |  | 134,369 | 135,646
Lennar’s Maximum Exposure to Loss |  | 134,369 | 135,646
Lennar Other | Variable Interest Entity, Not Primary Beneficiary |  |  |
Variable Interest Entity [Line Items] |  |  |
Investments in Unconsolidated VIEs |  | 118,775 | 119,258
Lennar’s Maximum Exposure to Loss |  | $ 118,775 | $ 119,258
[1] | Under certain provisions of Accounting Standards Codification (“ASC”) Topic 810, Consolidations (“ASC 810”), the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (“VIEs”) and liabilities of consolidated VIEs as to which neither Lennar Corporation, nor any of its subsidiaries, has any obligations. As of February 28, 2025, total assets include $3.0 billion related to consolidated VIEs of which $72.3 million is included in Homebuilding cash and cash equivalents, $4.4 million in Homebuilding receivables, net, $5.6 million in Homebuilding finished homes and construction in progress, $342.4 million in Homebuilding land and land under development, $2.5 billion in Homebuilding consolidated inventory not owned, $67.7 million in Homebuilding deposits and pre-acquisition costs on real estate, $0.3 million in Homebuilding investments in unconsolidated entities, $11.7 million in Homebuilding other assets and $35.5 million in Multifamily assets. 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.

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