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Supplemental Financial Information (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Thousands
Feb. 29, 2020
Nov. 30, 2019
Feb. 28, 2019
Nov. 30, 2018
Assets:        
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    
LIABILITIES AND EQUITY        
Total liabilities [2] 12,980,322 13,325,681    
Total stockholders’ equity [2] 16,044,599 15,949,517    
Noncontrolling interests [2] 148,778 84,313    
Total equity 16,193,377 [2] 16,033,830 [2] $ 14,893,695 $ 14,682,957
Total liabilities and equity [2] 29,173,699 29,359,511    
Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 1,105,433 1,539,654    
Inventories 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    
Investments in subsidiaries 0 0    
Intercompany 0 0    
Total assets [1] 25,199,840 24,789,239    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 2,914,313 2,970,134    
Liabilities related to consolidated inventory not owned [2] 365,284 260,266    
Senior notes and other debts payable, net [2] 8,115,498 7,776,638    
Intercompany 0 0    
Total liabilities [2] 11,395,095 11,007,038    
Financial Services        
Assets:        
Total assets [1] 2,375,564 3,006,024    
LIABILITIES AND EQUITY        
Total liabilities [2] 1,358,723 2,056,450    
Multifamily        
Assets:        
Total assets [1] 1,113,903 1,068,831    
LIABILITIES AND EQUITY        
Total liabilities [2] 201,992 232,155    
Lennar Other        
Assets:        
Total assets [1] 484,392 495,417    
LIABILITIES AND EQUITY        
Total liabilities [2] 24,512 30,038    
Reportable Legal Entities | Lennar Corporation        
Assets:        
Total assets 23,925,881 23,548,274    
LIABILITIES AND EQUITY        
Total liabilities 7,881,282 7,598,757    
Total stockholders’ equity 16,044,599 15,949,517    
Noncontrolling interests 0 0    
Total equity 16,044,599 15,949,517    
Total liabilities and equity 23,925,881 23,548,274    
Reportable Legal Entities | Lennar Corporation | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 392,022 722,172    
Inventories 0 0    
Investments in unconsolidated entities 0 0    
Goodwill 0 0    
Other assets 380,047 344,941    
Investments in subsidiaries 10,274,276 10,453,165    
Intercompany 12,879,536 12,027,996    
Total assets 23,925,881 23,548,274    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 751,475 760,981    
Liabilities related to consolidated inventory not owned 0 0    
Senior notes and other debts payable, net 7,129,807 6,837,776    
Intercompany 0 0    
Total liabilities 7,881,282 7,598,757    
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 24,299,690 23,600,762    
LIABILITIES AND EQUITY        
Total liabilities 13,942,073 13,244,024    
Total stockholders’ equity 10,357,617 10,356,738    
Noncontrolling interests 0 0    
Total equity 10,357,617 10,356,738    
Total liabilities and equity 24,299,690 23,600,762    
Reportable Legal Entities | Guarantor Subsidiaries | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 696,826 794,588    
Inventories 18,246,920 17,396,139    
Investments in unconsolidated entities 944,034 1,006,541    
Goodwill 3,442,359 3,442,359    
Other assets 485,196 500,356    
Investments in subsidiaries 41,304 26,773    
Intercompany 0 0    
Total assets 23,856,639 23,166,756    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 1,894,224 1,935,366    
Liabilities related to consolidated inventory not owned 365,284 260,266    
Senior notes and other debts payable, net 917,408 885,783    
Intercompany 10,722,529 10,122,374    
Total liabilities 13,899,445 13,203,789    
Reportable Legal Entities | Guarantor Subsidiaries | Financial Services        
Assets:        
Total assets 259,786 275,812    
LIABILITIES AND EQUITY        
Total liabilities 42,628 40,235    
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 183,265 158,194    
LIABILITIES AND EQUITY        
Total liabilities 0 0    
Reportable Legal Entities | Non-Guarantor Subsidiaries        
Assets:        
Total assets 4,189,412 4,763,467    
LIABILITIES AND EQUITY        
Total liabilities 4,082,671 4,555,954    
Total stockholders’ equity (42,037) 123,200    
Noncontrolling interests 148,778 84,313    
Total equity 106,741 207,513    
Total liabilities and equity 4,189,412 4,763,467    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Homebuilding        
Assets:        
Cash and cash equivalents, restricted cash and receivables, net 16,585 22,894    
Inventories 396,560 380,368    
Investments in unconsolidated entities 2,682 2,494    
Other assets 234,863 217,607    
Investments in subsidiaries 0 0    
Intercompany 0 0    
Total assets 650,690 623,363    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities 314,782 318,845    
Liabilities related to consolidated inventory not owned   0    
Senior notes and other debts payable, net 68,283 53,079    
Intercompany 2,157,007 1,905,622    
Total liabilities 2,540,072 2,277,546    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Financial Services        
Assets:        
Total assets 2,116,789 2,731,285    
LIABILITIES AND EQUITY        
Total liabilities 1,316,095 2,016,215    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Multifamily        
Assets:        
Total assets 1,113,903 1,068,831    
LIABILITIES AND EQUITY        
Total liabilities 201,992 232,155    
Reportable Legal Entities | Non-Guarantor Subsidiaries | Lennar Other        
Assets:        
Total assets 308,030 339,988    
LIABILITIES AND EQUITY        
Total liabilities 24,512 30,038    
Consolidating Adjustments        
Assets:        
Total assets (23,241,284) (22,552,992)    
LIABILITIES AND EQUITY        
Total liabilities (12,925,704) (12,073,054)    
Total stockholders’ equity (10,315,580) (10,479,938)    
Noncontrolling interests 0 0    
Total equity (10,315,580) (10,479,938)    
Total liabilities and equity (23,241,284) (22,552,992)    
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 (38,254) (41,220)    
Investments in subsidiaries (10,315,580) (10,479,938)    
Intercompany (12,879,536) (12,027,996)    
Total assets (23,233,370) (22,549,154)    
LIABILITIES AND EQUITY        
Accounts payable and other liabilities (46,168) (45,058)    
Liabilities related to consolidated inventory not owned 0 0    
Senior notes and other debts payable, net 0 0    
Intercompany (12,879,536) (12,027,996)    
Total liabilities (12,925,704) (12,073,054)    
Consolidating Adjustments | Financial Services        
Assets:        
Total assets (1,011) (1,073)    
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 (6,903) (2,765)    
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 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.