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Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Feb. 29, 2020
Nov. 30, 2019
Segment Reporting Information [Line Items]    
Cash and cash equivalents $ 1,052,482 $ 1,445,996
Restricted cash 22,560 22,695
Receivables, net 674,077 906,877
Inventories 19,000,531 18,091,614
Loans held-for-sale 1,170,696 1,644,939
Loans held-for-investment, net 70,763 73,867
Investments held-to-maturity 183,945 244,406
Investments available-for-sale 61,324 51,938
Investments in unconsolidated entities 1,942,541 1,973,913
Goodwill 3,657,875 3,657,875
Other assets 1,336,905 1,245,391
Total assets [1] 29,173,699 29,359,511
Senior notes and other debts payable 9,120,828 9,573,696
Other liabilities 3,859,494 3,751,985
Total liabilities [2] 12,980,322 13,325,681
Self-insurance reserves 62,000 60,700
Homebuilding    
Segment Reporting Information [Line Items]    
Cash and cash equivalents [1] 784,950 1,200,832
Restricted cash [1] 8,666 9,698
Receivables, net [1] 311,817 329,124
Inventories [1] 18,643,480 17,776,507
Investments in unconsolidated entities [1] 946,716 1,009,035
Goodwill [1] 3,442,359 3,442,359
Other assets [1] 1,061,852 1,021,684
Total assets [1] 25,199,840 24,789,239
Other liabilities [2] 1,733,605 1,900,955
Total liabilities [2] 11,395,095 11,007,038
Financial Services    
Segment Reporting Information [Line Items]    
Total assets [1] 2,375,564 3,006,024
Total liabilities [2] 1,358,723 2,056,450
Multifamily    
Segment Reporting Information [Line Items]    
Total assets [1] 1,113,903 1,068,831
Total liabilities [2] 201,992 232,155
Lennar Other    
Segment Reporting Information [Line Items]    
Total assets [1] 484,392 495,417
Total liabilities [2] 24,512 30,038
Operating Segments | Financial Services    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 246,712 234,113
Restricted cash 13,894 12,022
Receivables, net 281,941 500,847
Inventories 0 0
Loans held-for-sale 1,170,696 1,644,939
Loans held-for-investment, net 70,763 73,867
Investments held-to-maturity 183,945 190,289
Investments available-for-sale 7,922 3,732
Investments in unconsolidated entities 0 0
Goodwill 215,516 215,516
Other assets 184,175 130,699
Total assets 2,375,564 3,006,024
Senior notes and other debts payable 990,152 1,745,755
Other liabilities 368,571 310,695
Total liabilities 1,358,723 2,056,450
Operating Segments | Multifamily    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 15,790 8,711
Restricted cash 0 0
Receivables, net 80,319 76,906
Inventories 357,051 315,107
Loans held-for-sale 0 0
Loans held-for-investment, net 0 0
Investments held-to-maturity 0 0
Investments available-for-sale 0 48,206
Investments in unconsolidated entities 589,646 561,190
Goodwill 0 0
Other assets 71,097 58,711
Total assets 1,113,903 1,068,831
Senior notes and other debts payable 0 36,125
Other liabilities 201,992 196,030
Total liabilities 201,992 232,155
Operating Segments | Lennar Other    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 5,030 2,340
Restricted cash 0 975
Receivables, net 0 0
Inventories 0 0
Loans held-for-sale 0 0
Loans held-for-investment, net 0 0
Investments held-to-maturity 0 54,117
Investments available-for-sale 53,402 0
Investments in unconsolidated entities 406,179 403,688
Goodwill 0 0
Other assets 19,781 34,297
Total assets 484,392 495,417
Senior notes and other debts payable 15,178 15,178
Other liabilities 9,334 14,860
Total liabilities 24,512 30,038
Operating Segments And Corporate | Homebuilding    
Segment Reporting Information [Line Items]    
Cash and cash equivalents 784,950 1,200,832
Restricted cash 8,666 9,698
Receivables, net 311,817 329,124
Inventories 18,643,480 17,776,507
Loans held-for-sale 0 0
Loans held-for-investment, net 0 0
Investments held-to-maturity 0 0
Investments available-for-sale 0 0
Investments in unconsolidated entities 946,716 1,009,035
Goodwill 3,442,359 3,442,359
Other assets 1,061,852 1,021,684
Total assets 25,199,840 24,789,239
Senior notes and other debts payable 8,115,498 7,776,638
Other liabilities 3,279,597 3,230,400
Total liabilities 11,395,095 11,007,038
Mortgage loan commitments | Financial Services    
Segment Reporting Information [Line Items]    
Other asset   16,300
Forward contracts | Financial Services    
Segment Reporting Information [Line Items]    
Other asset 13,200 3,900
Level 2 | Fair Value, Measurements, Recurring | Financial Services    
Segment Reporting Information [Line Items]    
Other asset 31,200  
Level 3 | Lennar Other    
Segment Reporting Information [Line Items]    
Investments available-for-sale 53,402 0
Level 3 | Fair Value, Measurements, Recurring | Financial Services    
Segment Reporting Information [Line Items]    
Mortgage servicing rights $ 12,576 $ 24,679
[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, 2020, total assets include $1.2 billion related to consolidated VIEs of which $12.9 million is included in Homebuilding cash and cash equivalents, $0.1 million in Homebuilding receivables, net, $104.4 million in Homebuilding finished homes and construction in progress, $292.5 million in Homebuilding land and land under development, $406.1 million in Homebuilding consolidated inventory not owned, $2.7 million in Homebuilding investments in unconsolidated entities, $7.3 million in Homebuilding other assets, $259.9 million in Financial Services assets and $74.2 million in Multifamily assets.
As of November 30, 2019, total assets include $980.2 million related to consolidated VIEs of which $15.5 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $97.5 million in Homebuilding finished homes and construction in progress, $283.2 million in Homebuilding land and land under development, $301.0 million in Homebuilding consolidated inventory not owned, $2.5 million in Homebuilding investments in unconsolidated entities, $10.0 million in Homebuilding other assets, $221.2 million in Financial Services assets and $49.1 million in Multifamily 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 February 29, 2020, total liabilities include $669.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $8.9 million is included in Homebuilding accounts payable, $353.5 million in Homebuilding liabilities related to consolidated inventory not owned, $68.3 million in Homebuilding senior notes and other debts payable, $8.9 million in Homebuilding other liabilities, $218.5 million in Financial Services liabilities and $11.3 million in Multifamily liabilities.
As of November 30, 2019, total liabilities include $549.7 million related to consolidated VIEs as to which there was no recourse against the Company, of which $13.7 million is included in Homebuilding accounts payable, $247.5 million in Homebuilding liabilities related to consolidated inventory not owned, $47.1 million in Homebuilding senior notes and other debt payable, $8.9 million in Homebuilding other liabilities, $231.1 million in Financial Services liabilities and $1.4 million in Multifamily liabilities.