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Operating and Reporting Segments (Disclosure Of Assets and Liabilities) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2020
Nov. 30, 2019
Segment Reporting Information [Line Items]      
Cash and cash equivalents $ 1,641,921 $ 1,641,921 $ 1,445,996
Restricted cash 14,961 14,961 22,695
Receivables, net 981,297 981,297 906,877
Inventories 18,275,903 18,275,903 18,091,614
Loans held-for-sale 1,163,356 1,163,356 1,644,939
Loans held-for-investment, net 71,268 71,268 73,867
Investments held-to-maturity 164,982 164,982 244,406
Investments available-for-sale 53,585 53,585 51,938
Investments in unconsolidated entities 2,045,458 2,045,458 1,973,913
Goodwill 3,632,058 3,632,058 3,657,875
Other assets 1,264,236 1,264,236 1,245,391
Assets [1] 29,309,025 29,309,025 29,359,511
Senior notes and other debts payable 8,937,382 8,937,382 9,573,696
Other liabilities 3,739,019 3,739,019 3,751,985
Total liabilities [2] 12,676,401 12,676,401 13,325,681
Self-insurance reserves 62,400 62,400 60,700
Homebuilding      
Segment Reporting Information [Line Items]      
Cash and cash equivalents [1] 1,398,682 1,398,682 1,200,832
Restricted cash [1] 9,569 9,569 9,698
Receivables, net [1] 299,494 299,494 329,124
Inventories [1] 17,947,406 17,947,406 17,776,507
Investments in unconsolidated entities [1] 973,044 973,044 1,009,035
Goodwill [1] 3,442,359 3,442,359 3,442,359
Other assets [1] 1,080,186 1,080,186 1,021,684
Assets [1] 25,150,740 25,150,740 24,789,239
Other liabilities [2] 1,900,970 1,900,970 1,900,955
Total liabilities [2] 10,774,276 10,774,276 11,007,038
Financial Services      
Segment Reporting Information [Line Items]      
Assets [1] 2,577,805 2,577,805 3,006,024
Total liabilities 1,663,548 1,663,548 2,056,450 [2]
Multifamily      
Segment Reporting Information [Line Items]      
Assets [1] 1,127,929 1,127,929 1,068,831
Total liabilities 222,387 222,387 232,155 [2]
Lennar Other      
Segment Reporting Information [Line Items]      
Assets [1] 452,551 452,551 495,417
Total liabilities 16,190 16,190 30,038 [2]
Operating Segments | Financial Services      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 224,229 224,229 234,113
Restricted cash 5,392 5,392 12,022
Receivables, net 594,620 594,620 500,847
Inventories 0 0 0
Loans held-for-sale 1,163,356 1,163,356 1,644,939
Loans held-for-investment, net 69,846 69,846 73,867
Investments held-to-maturity 164,982 164,982 190,289
Investments available-for-sale 0 0 3,732
Investments in unconsolidated entities 70,844 70,844 0
Goodwill 189,699 189,699 215,516
Other assets 94,837 94,837 130,699
Assets 2,577,805 2,577,805 3,006,024
Senior notes and other debts payable 1,435,538 1,435,538 1,745,755
Other liabilities 228,010 228,010 310,695
Total liabilities 1,663,548 1,663,548 2,056,450
Operating Segments | Multifamily      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 13,061 13,061 8,711
Restricted cash 0 0 0
Receivables, net 87,183 87,183 76,906
Inventories 328,497 328,497 315,107
Loans held-for-sale 0 0 0
Loans held-for-investment, net 0 0 0
Investments held-to-maturity 0 0 0
Investments available-for-sale 0 0 48,206
Investments in unconsolidated entities 621,465 621,465 561,190
Goodwill 0 0 0
Other assets 77,723 77,723 58,711
Assets 1,127,929 1,127,929 1,068,831
Senior notes and other debts payable 0 0 36,125
Other liabilities 222,387 222,387 196,030
Total liabilities 222,387 222,387 232,155
Operating Segments | Lennar Other      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 5,949 5,949 2,340
Restricted cash 0 0 975
Receivables, net 0 0 0
Inventories 0 0 0
Loans held-for-sale 0 0 0
Loans held-for-investment, net 1,422 1,422 0
Investments held-to-maturity 0 0 54,117
Investments available-for-sale 53,585 53,585 0
Investments in unconsolidated entities 380,105 380,105 403,688
Goodwill 0 0 0
Other assets 11,490 11,490 34,297
Assets 452,551 452,551 495,417
Senior notes and other debts payable 6,170 6,170 15,178
Other liabilities 10,020 10,020 14,860
Total liabilities 16,190 16,190 30,038
Write-down of investments in unconsolidated entities 25,000 25,000  
Operating Segments And Corporate | Homebuilding      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,398,682 1,398,682 1,200,832
Restricted cash 9,569 9,569 9,698
Receivables, net 299,494 299,494 329,124
Inventories 17,947,406 17,947,406 17,776,507
Loans held-for-sale 0 0 0
Loans held-for-investment, net 0 0 0
Investments held-to-maturity 0 0 0
Investments available-for-sale 0 0 0
Investments in unconsolidated entities 973,044 973,044 1,009,035
Goodwill 3,442,359 3,442,359 3,442,359
Other assets 1,080,186 1,080,186 1,021,684
Assets 25,150,740 25,150,740 24,789,239
Senior notes and other debts payable 7,495,674 7,495,674 7,776,638
Other liabilities 3,278,602 3,278,602 3,230,400
Total liabilities 10,774,276 10,774,276 11,007,038
Mortgage loan commitments | Financial Services      
Segment Reporting Information [Line Items]      
Other asset 45,000 45,000 16,300
Forward contracts | Financial Services      
Segment Reporting Information [Line Items]      
Other asset 4,700 4,700 3,900
Level 3 | Lennar Other      
Segment Reporting Information [Line Items]      
Investments available-for-sale 53,585 53,585 0
Level 3 | Fair Value, Measurements, Recurring | Financial Services      
Segment Reporting Information [Line Items]      
Mortgage servicing rights $ 1,238 $ 1,238 $ 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 May 31, 2020, total assets include $873.0 million related to consolidated VIEs of which $9.1 million is included in Homebuilding cash and cash equivalents, $0.2 million in Homebuilding receivables, net, $110.6 million in Homebuilding finished homes and construction in progress, $308.4 million in Homebuilding land and land under development, $391.6 million in Homebuilding consolidated inventory not owned, $2.0 million in Homebuilding investments in unconsolidated entities, $8.0 million in Homebuilding other assets and $43.3 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 May 31, 2020, total liabilities include $450.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $20.9 million is included in Homebuilding accounts payable, $335.5 million in Homebuilding liabilities related to consolidated inventory not owned, $74.5 million in Homebuilding senior notes and other debts payable, $8.6 million in Homebuilding other liabilities and $11.0 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.