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Rialto Segment (Narrative) (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2017
USD ($)
Feb. 28, 2017
USD ($)
transaction
Feb. 29, 2016
USD ($)
transaction
Nov. 30, 2015
Dec. 31, 2010
business
Nov. 30, 2016
USD ($)
Nov. 30, 2010
Segment Reporting Information [Line Items]              
Originations of loans receivable   $ 9,330,000 $ 10,046,000        
Assets [1] $ 16,230,113,000 16,230,113,000       $ 15,361,781,000  
Liabilities [2] 8,974,338,000 8,974,338,000       8,150,214,000  
Distributions of earnings from unconsolidated entities   31,949,000 27,207,000        
Rialto              
Segment Reporting Information [Line Items]              
Assets [1] 1,228,874,000 1,228,874,000       1,276,210,000  
Liabilities [2] 680,120,000 680,120,000       707,980,000  
Real estate owned, net 208,793,000 208,793,000       243,703,000  
Loans receivable, net 106,476,000 106,476,000       111,608,000  
Borrowings under facilities $ 626,042,000 $ 626,042,000       622,335,000  
Percentage interest in loans 75.00% 75.00%          
Maximum percentage of LLC equity units employees are eligible to receive as part of carried interest incentive plan       40.00%      
Investments held-to-maturity $ 112,216,000 $ 112,216,000       71,260,000  
Rialto | Warehouse Repurchase Facility              
Segment Reporting Information [Line Items]              
Borrowings under facilities 197,100,000 197,100,000       223,500,000  
Rialto | CMBS              
Segment Reporting Information [Line Items]              
Investments held-to-maturity 112,200,000 112,200,000       71,300,000 [1]  
Impairment charges for CMBS securities   $ 0 0        
Rialto | CMBS | Minimum              
Segment Reporting Information [Line Items]              
Discount rate as a percentage of face value for held-to-maturity securities   9.00%          
Coupon rate for held-to-maturity securities   1.30%          
Rialto | CMBS | Maximum              
Segment Reporting Information [Line Items]              
Discount rate as a percentage of face value for held-to-maturity securities   78.00%          
Coupon rate for held-to-maturity securities   4.40%          
Rialto | Rialto Real Estate Fund, LP              
Segment Reporting Information [Line Items]              
Advanced distributions from unconsolidated entities   $ 900,000 4,900,000        
Distributions of earnings from unconsolidated entities   10,000,000.0          
Rialto | Rialto Mortgage Finance              
Segment Reporting Information [Line Items]              
Originations of loans receivable   403,700,000 315,300,000        
Proceeds from sale of loans held-for-sale   $ 477,700,000 $ 380,200,000        
Number of securitization transactions | transaction   3 2        
Receivables from securitization 195,800,000 $ 195,800,000       199,800,000  
Rialto | Rialto Mortgage Finance | Warehouse Repurchase Facility              
Segment Reporting Information [Line Items]              
Borrowings under facilities 153,800,000 153,800,000       180,200,000  
Rialto | Rialto Mortgage Finance | Performing Financing Receivable              
Segment Reporting Information [Line Items]              
Originations of loans receivable   9,300,000 $ 9,500,000        
Rialto | Rialto Mortgage Finance | Held-for-sale              
Segment Reporting Information [Line Items]              
Originations of loans receivable   394,300,000 $ 305,800,000        
Rialto | Variable Interest Entity, Primary Beneficiary              
Segment Reporting Information [Line Items]              
Assets 173,200,000 173,200,000       213,800,000  
Liabilities 9,600,000 9,600,000       $ 10,300,000  
Rialto | Variable Interest Entity, Primary Beneficiary | FDIC Portfolio              
Segment Reporting Information [Line Items]              
Assets 173,200,000 173,200,000          
Real estate owned, net 116,700,000 116,700,000          
Loans receivable, net $ 32,000,000.0 $ 32,000,000.0          
Clean-up call rights, liquidation period 150 days            
Rialto | FDIC Portfolio              
Segment Reporting Information [Line Items]              
Managing member equity interests acquired             40.00%
Number of businesses acquired | business         2    
[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 28, 2017, total assets include $651.1 million related to consolidated VIEs of which $9.5 million is included in Lennar Homebuilding cash and cash equivalents, $0.1 million in Lennar Homebuilding receivables, net, $72.4 million in Lennar Homebuilding finished homes and construction in progress, $177.5 million in Lennar Homebuilding land and land under development, $156.2 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $16.4 million in Lennar Homebuilding other assets, $173.2 million in Rialto assets and $41.2 million in Lennar Multifamily assets.
As of November 30, 2016, total assets include $536.3 million related to consolidated VIEs of which $13.3 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $54.2 million in Lennar Homebuilding finished homes and construction in progress, $106.3 million in Lennar Homebuilding land and land under development, $121.0 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $13.9 million in Lennar Homebuilding other assets, $213.8 million in Rialto assets and $8.8 million in Lennar Multifamily assets.
[2] As of February 28, 2017, total liabilities include $170.1 million related to consolidated VIEs as to which there was no recourse against the Company, of which $4.2 million is included in Lennar Homebuilding accounts payable, $153.4 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $2.9 million in Lennar Homebuilding other liabilities and $9.6 million in Rialto liabilities.As of November 30, 2016, total liabilities include $126.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.6 million is included in Lennar Homebuilding accounts payable, $110.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $2.5 million in Lennar Homebuilding other liabilities and $10.3 million in Rialto liabilities.