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Rialto Segment (Narrative) (Details)
3 Months Ended 6 Months Ended 12 Months Ended
May 31, 2017
USD ($)
May 31, 2016
USD ($)
May 31, 2017
USD ($)
transaction
May 31, 2016
USD ($)
transaction
Nov. 30, 2015
Dec. 31, 2010
business
Nov. 30, 2016
USD ($)
Nov. 30, 2010
Segment Reporting Information [Line Items]                
Originations of loans receivable     $ 14,055,000 $ 16,864,000        
Assets [1] $ 16,754,505,000   16,754,505,000       $ 15,361,781,000  
Liabilities [2] 9,317,499,000   9,317,499,000       8,150,214,000  
Distributions of earnings from unconsolidated entities     44,412,000 43,740,000        
Rialto                
Segment Reporting Information [Line Items]                
Debt issuance costs 4,100,000   4,100,000       2,900,000  
Assets [1] 1,364,421,000   1,364,421,000       1,276,210,000  
Liabilities [2] 860,612,000   860,612,000       707,980,000  
Real estate owned, net 160,452,000   160,452,000       243,703,000  
Loans receivable, net 65,326,000   65,326,000       111,608,000  
Borrowings under facilities $ 781,845,000   $ 781,845,000       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 $ 112,452,000   $ 112,452,000       71,260,000  
Rialto | Warehouse Repurchase Facility                
Segment Reporting Information [Line Items]                
Borrowings under facilities 363,600,000   363,600,000       223,500,000  
Rialto | CMBS                
Segment Reporting Information [Line Items]                
Investments held-to-maturity 112,500,000   112,500,000       71,300,000 [1]  
Impairment charges for CMBS securities 0 $ 0 $ 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 2,200,000 $ 2,500,000 $ 3,100,000 7,400,000        
Distributions of earnings from unconsolidated entities 8,800,000   18,800,000          
Rialto | Rialto Mortgage Finance                
Segment Reporting Information [Line Items]                
Originations of loans receivable     837,700,000 670,300,000        
Proceeds from sale of loans held-for-sale     $ 870,400,000 $ 766,400,000        
Number of securitization transactions | transaction     5 5        
Receivables from securitization 392,700,000   $ 392,700,000       199,800,000  
Rialto | Rialto Mortgage Finance | Warehouse Repurchase Facility                
Segment Reporting Information [Line Items]                
Borrowings under facilities 320,300,000   320,300,000       180,200,000  
Rialto | Rialto Mortgage Finance | Performing Financing Receivable                
Segment Reporting Information [Line Items]                
Originations of loans receivable     14,100,000 $ 16,300,000        
Rialto | Rialto Mortgage Finance | Held-for-sale                
Segment Reporting Information [Line Items]                
Originations of loans receivable     823,700,000 $ 654,000,000.0        
Rialto | Variable Interest Entity, Primary Beneficiary                
Segment Reporting Information [Line Items]                
Assets 117,500,000   117,500,000       213,800,000  
Liabilities 4,700,000   4,700,000       $ 10,300,000  
Rialto | Variable Interest Entity, Primary Beneficiary | FDIC Portfolio                
Segment Reporting Information [Line Items]                
Assets 117,500,000   117,500,000          
Real estate owned, net 80,300,000   80,300,000          
Loans receivable, net $ 23,800,000   $ 23,800,000          
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 May 31, 2017, total assets include $575.7 million related to consolidated VIEs of which $9.4 million is included in Lennar Homebuilding cash and cash equivalents, $0.2 million in Lennar Homebuilding receivables, net, $77.8 million in Lennar Homebuilding finished homes and construction in progress, $173.1 million in Lennar Homebuilding land and land under development, $138.6 million in Lennar Homebuilding consolidated inventory not owned, $4.6 million in Lennar Homebuilding investments in unconsolidated entities, $12.9 million in Lennar Homebuilding other assets, $117.5 million in Rialto assets and $41.6 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 May 31, 2017, total liabilities include $144.1 million related to consolidated VIEs as to which there was no recourse against the Company, of which $4.7 million is included in Lennar Homebuilding accounts payable, $133.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $1.1 million in Lennar Homebuilding other liabilities and $4.7 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.