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Financial Instruments (Fair Value Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Feb. 29, 2016
Nov. 30, 2015
Rialto [Member]    
Financial Instruments [Line Items]    
Loans held-for-sale [1] $ 243,230 $ 316,275
Aggregate Principal Balance Of Loans Held For Sale 238,085 314,315
Fair Value, Option, Aggregate Differences, Loans held-for-sale 5,145 1,960
Lennar Financial Services [Member]    
Financial Instruments [Line Items]    
Loans held-for-sale 684,406 843,252
Aggregate Principal Balance Of Loans Held For Sale 655,645 815,004
Fair Value, Option, Aggregate Differences, Loans held-for-sale 28,761 28,248
Lennar Financial Services [Member] | Available-for-sale Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Financial Instruments [Line Items]    
Investments available-for-sale 45,180 42,827
Loans Held-For-Sale [Member] | Rialto [Member] | Fair Value, Inputs, Level 3 [Member]    
Financial Instruments [Line Items]    
Loans held-for-sale [2] 243,230 316,275
Loans Held-For-Sale [Member] | Lennar Financial Services [Member] | Fair Value, Inputs, Level 2 [Member]    
Financial Instruments [Line Items]    
Loans held-for-sale 684,406 [3] 843,252
Mortgage Loan Commitments [Member] | Lennar Financial Services [Member]    
Financial Instruments [Line Items]    
Mortgage loan commitments 19,113 13,060
Mortgage Loan Commitments [Member] | Lennar Financial Services [Member] | Fair Value, Inputs, Level 2 [Member]    
Financial Instruments [Line Items]    
Mortgage loan commitments 19,113 13,060
Forward Contracts [Member] | Lennar Financial Services [Member]    
Financial Instruments [Line Items]    
Mortgage loan commitments   531
Forward Contracts [Member] | Lennar Financial Services [Member] | Fair Value, Inputs, Level 2 [Member]    
Financial Instruments [Line Items]    
Forward contracts/Credit default swaps, derivative asset   531
Credit default swaps, derivative liability (9,637)  
Servicing Contracts [Member] | Lennar Financial Services [Member] | Fair Value, Inputs, Level 3 [Member]    
Financial Instruments [Line Items]    
Mortgage servicing rights 15,810 16,770
Credit Default Swap [Member] | Rialto [Member] | Fair Value, Inputs, Level 2 [Member]    
Financial Instruments [Line Items]    
Forward contracts/Credit default swaps, derivative asset 9,770 6,153
Credit default swaps, derivative liability   (720)
Interest Rate Swaps and Swap Futures [Member] | Rialto [Member] | Fair Value, Inputs, Level 1 [Member]    
Financial Instruments [Line Items]    
Interest rate swaps and swap futures, derivative liability $ 5,983 $ 978
[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, or any of its subsidiaries, has any obligations.As of February 29, 2016, total assets include $582.1 million related to consolidated VIEs of which $11.0 million is included in Lennar Homebuilding cash and cash equivalents, $5.8 million in Lennar Homebuilding receivables, net, $5.5 million in Lennar Homebuilding finished homes and construction in progress, $162.8 million in Lennar Homebuilding land and land under development, $20.3 million in Lennar Homebuilding consolidated inventory not owned, $34.8 million in Lennar Homebuilding investments in unconsolidated entities, $22.3 million in Lennar Homebuilding other assets, $307.4 million in Rialto assets and $12.2 million in Lennar Multifamily assets.As of November 30, 2015, total assets include $652.3 million related to consolidated VIEs of which $9.6 million is included in Lennar Homebuilding cash and cash equivalents, $0.5 million in Lennar Homebuilding receivables, net, $3.9 million in Lennar Homebuilding finished homes and construction in progress, $154.2 million in Lennar Homebuilding land and land under development, $58.9 million in Lennar Homebuilding consolidated inventory not owned, $35.8 million in Lennar Homebuilding investments in unconsolidated entities, $22.7 million in Lennar Homebuilding other assets, $355.2 million in Rialto assets and $11.5 million in Lennar Multifamily assets.
[2] The aggregate fair value of Rialto loans held-for-sale of $243.2 million at February 29, 2016 exceeds their aggregate principal balance of $238.1 million by $5.1 million. The aggregate fair value of loans held-for-sale of $316.3 million at November 30, 2015 exceeds their aggregate principal balance of $314.3 million by $2.0 million.
[3] The aggregate fair value of Lennar Financial Services loans held-for-sale of $684.4 million at February 29, 2016 exceeds their aggregate principal balance of $655.6 million by $28.8 million. The aggregate fair value of loans held-for-sale of $843.3 million at November 30, 2015 exceeds their aggregate principal balance of $815.0 million by $28.2 million.