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Supplemental Financial Information (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Thousands
May 31, 2019
Nov. 30, 2018
May 31, 2018
Nov. 30, 2017
Assets:        
Total assets [1] $ 29,583,064 $ 28,566,181    
LIABILITIES AND EQUITY        
Total liabilities [2] 14,336,529 13,883,224    
Stockholders’ equity [2] 15,159,304 14,581,535    
Noncontrolling interests [2] 87,231 101,422    
Total equity 15,246,535 [2] 14,682,957 [2] $ 13,698,870 $ 7,986,132
Total liabilities and equity [2] 29,583,064 28,566,181    
Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 1,115,960 1,587,047    
Inventories 18,774,488 17,068,704    
Investments in unconsolidated entities [1] 983,683 870,201    
Goodwill [1] 3,442,359 3,442,359    
Other assets [1] 1,202,965 1,355,782    
Investments in subsidiaries 0 0    
Intercompany 0 0    
Total assets [1] 25,519,455 24,324,093    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 2,872,940 3,057,440    
Liabilities related to consolidated inventory not owned [2] 346,287 175,590    
Senior notes and other debts payable [2] 9,390,941 8,543,868    
Intercompany 0 0    
Total liabilities [2] 12,610,168 11,776,898    
Financial Services        
Assets:        
Goodwill 215,516 237,688    
Other assets 136,244 125,886    
Total assets [1] 2,468,263 2,778,910    
LIABILITIES AND EQUITY        
Total liabilities [2] 1,481,006 1,868,202    
Multifamily        
Assets:        
Investments in unconsolidated entities 510,223 481,129    
Other assets 102,511 33,535    
Total assets [1] 1,046,196 874,219    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 175,654 170,616    
Total liabilities [2] 215,316 170,616    
Lennar Other        
Assets:        
Investments in unconsolidated entities 429,943 424,104    
Other assets 35,257 47,740    
Total assets [1] 549,150 588,959    
LIABILITIES AND EQUITY        
Total liabilities [2] 30,039 67,508    
Reportable Legal Entities | Lennar Corporation        
Assets:        
Total assets 24,378,654 23,354,154    
LIABILITIES AND EQUITY        
Total liabilities 9,219,350 8,772,619    
Stockholders’ equity 15,159,304 14,581,535    
Noncontrolling interests 0 0    
Total equity 15,159,304 14,581,535    
Total liabilities and equity 24,378,654 23,354,154    
Reportable Legal Entities | Lennar Corporation | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 405,826 637,083    
Inventories 0 0    
Investments in unconsolidated entities 0 0    
Goodwill 0 0    
Other assets 350,057 339,307    
Investments in subsidiaries 10,455,362 10,562,273    
Intercompany 13,167,409 11,815,491    
Total assets 24,378,654 23,354,154    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 716,066 804,232    
Liabilities related to consolidated inventory not owned 0 0    
Senior notes and other debts payable 8,503,284 7,968,387    
Intercompany 0 0    
Total liabilities 9,219,350 8,772,619    
Reportable Legal Entities | Lennar Corporation | Financial Services        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Lennar Corporation | Multifamily        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Lennar Corporation | Lennar Other        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Guarantor Subsidiaries        
Assets:        
Total assets 24,381,309 23,191,884    
LIABILITIES AND EQUITY        
Total liabilities 14,020,808 12,831,383    
Stockholders’ equity 10,360,501 10,360,501    
Noncontrolling interests 0 0    
Total equity 10,360,501 10,360,501    
Total liabilities and equity 24,381,309 23,191,884    
Reportable Legal Entities | Guarantor Subsidiaries | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 549,492 886,059    
Inventories 18,233,687 16,679,245    
Investments in unconsolidated entities 979,605 857,238    
Goodwill 3,442,359 3,442,359    
Other assets 699,458 878,582    
Investments in subsidiaries 120,157 89,044    
Intercompany 0 0    
Total assets 24,024,758 22,832,527    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 1,882,106 1,977,579    
Liabilities related to consolidated inventory not owned 346,287 162,090    
Senior notes and other debts payable 470,107 523,589    
Intercompany 11,290,326 10,116,590    
Total liabilities 13,988,826 12,779,848    
Reportable Legal Entities | Guarantor Subsidiaries | Financial Services        
Assets:        
Total assets 237,468 232,632    
LIABILITIES AND EQUITY        
Total liabilities 31,982 51,535    
Reportable Legal Entities | Guarantor Subsidiaries | Multifamily        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Guarantor Subsidiaries | Lennar Other        
Assets:        
Total assets 119,083 126,725    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Non-Guarantor Subsidiaries        
Assets:        
Total assets 4,603,789 4,514,795    
LIABILITIES AND EQUITY        
Total liabilities 4,301,540 4,122,557    
Stockholders’ equity 215,018 290,816    
Noncontrolling interests 87,231 101,422    
Total equity 302,249 392,238    
Total liabilities and equity 4,603,789 4,514,795    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 160,642 63,905    
Inventories 540,801 389,459    
Investments in unconsolidated entities 4,078 12,963    
Other assets 190,544 164,848    
Investments in subsidiaries 0 0    
Intercompany 0 0    
Total assets 896,065 631,175    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 312,528 303,473    
Liabilities related to consolidated inventory not owned   13,500    
Senior notes and other debts payable 417,550 51,892    
Intercompany 1,877,083 1,698,901    
Total liabilities 2,607,161 2,067,766    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Financial Services        
Assets:        
Total assets 2,231,461 2,547,167    
LIABILITIES AND EQUITY        
Total liabilities 1,449,024 1,816,667    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Multifamily        
Assets:        
Total assets 1,046,196 874,219    
LIABILITIES AND EQUITY        
Total liabilities 215,316 170,616    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Lennar Other        
Assets:        
Total assets 430,067 462,234    
LIABILITIES AND EQUITY        
Total liabilities 30,039 67,508    
Consolidating Adjustments        
Assets:        
Total assets (23,780,688) (22,494,652)    
LIABILITIES AND EQUITY        
Total liabilities (13,205,169) (11,843,335)    
Stockholders’ equity (10,575,519) (10,651,317)    
Noncontrolling interests 0 0    
Total equity (10,575,519) (10,651,317)    
Total liabilities and equity (23,780,688) (22,494,652)    
Consolidating Adjustments | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 0 0    
Inventories 0 0    
Investments in unconsolidated entities 0 0    
Goodwill 0 0    
Other assets (37,094) (26,955)    
Investments in subsidiaries (10,575,519) (10,651,317)    
Intercompany (13,167,409) (11,815,491)    
Total assets (23,780,022) (22,493,763)    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities (37,760) (27,844)    
Liabilities related to consolidated inventory not owned 0 0    
Senior notes and other debts payable 0 0    
Intercompany (13,167,409) (11,815,491)    
Total liabilities (13,205,169) (11,843,335)    
Consolidating Adjustments | Financial Services        
Assets:        
Total assets (666) (889)    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Consolidating Adjustments | Multifamily        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Consolidating Adjustments | Lennar Other        
Assets:        
Total assets 0 0    
LIABILITIES AND EQUITY        
Total liabilities $ 0 $ 0    
[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, 2019, total assets include $1.4 billion related to consolidated VIEs of which $52.9 million is included in Homebuilding cash and cash equivalents, $103.3 million in Homebuilding receivables, net, $240.1 million in Homebuilding finished homes and construction in progress, $301.0 million in Homebuilding land and land under development, $394.7 million in Homebuilding consolidated inventory not owned, $4.1 million in Homebuilding investments in unconsolidated entities, $10.4 million in Homebuilding other assets, $187.2 million in Financial Services assets, $50.8 million in Multifamily assets and $7.2 million in Lennar Other assets.
As of November 30, 2018, total assets include $666.2 million related to consolidated VIEs of which $57.6 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $81.7 million in Homebuilding finished homes and construction in progress, $293.1 million in Homebuilding land and land under development, $209.0 million in Homebuilding consolidated inventory not owned, $3.8 million in Homebuilding investments in unconsolidated entities, $10.5 million in Homebuilding other assets and $10.3 million in Lennar Other assets.
[2]
Under certain provisions of ASC 810, the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated VIEs and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.
As of May 31, 2019, total liabilities include $928.9 million related to consolidated VIEs as to which there was no recourse against the Company, of which $17.3 million is included in Homebuilding accounts payable, $370.7 million in Homebuilding senior notes and other debts payable, $346.3 million in Homebuilding liabilities related to consolidated inventory not owned, $1.7 million in Homebuilding other liabilities, $190.6 million in Financial Services liabilities, $1.0 million in Multifamily liabilities and $1.3 million in Lennar Other liabilities.
As of November 30, 2018, total liabilities include $242.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $11.4 million is included in Homebuilding accounts payable, $51.9 million in Homebuilding senior notes and other debt payable, $175.6 million in Homebuilding liabilities related to consolidated inventory not owned, $2.6 million in Homebuilding other liabilities and $1.0 million in Lennar Other liabilities.