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Variable Interest Entities (Narrative) (Details)
$ in Thousands
12 Months Ended
Nov. 30, 2022
USD ($)
entity
Nov. 30, 2021
USD ($)
Variable Interest Entity [Line Items]    
Assets [1] $ 37,984,295 $ 33,207,778
Liabilities [2] 13,743,928 12,211,496
Letters of credit outstanding 1,800,000  
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Assets 1,400,000 1,100,000
Liabilities 620,400 258,500
Variable Interest Entity, Entities Consolidated    
Variable Interest Entity [Line Items]    
Assets 134,800  
Variable Interest Entity, Four Entities Consolidated    
Variable Interest Entity [Line Items]    
Assets 244,300  
Liabilities 74,200  
Homebuilding    
Variable Interest Entity [Line Items]    
Assets [1] 32,684,162 27,467,819
Liabilities [2] $ 10,978,646 9,870,242
Homebuilding | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Number of entities consolidated during period | entity 6  
Multifamily    
Variable Interest Entity [Line Items]    
Assets [1] $ 1,257,337 1,311,747
Liabilities [2] 313,484 288,930
Multifamily | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Assets 33,200 80,600
Liabilities 3,800 2,800
Financial Services    
Variable Interest Entity [Line Items]    
Assets [1] 3,254,257 2,964,367
Liabilities [2] $ 2,353,904 $ 1,906,343
[1] Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations, ("ASC 810") the Company is required to separately disclose on its consolidated balance sheets the assets of consolidated variable interest entities ("VIEs") that are owned by the consolidated VIEs and liabilities of consolidated VIEs as to which there is no recourse against the Company.
As of November 30, 2022, total assets include $1.4 billion related to consolidated VIEs of which $56.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $29.4 million in Homebuilding finished homes and construction in progress, $736.5 million in Homebuilding land and land under development, $533.8 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets, $33.2 million in Multifamily assets and $9.0 million in Lennar Other assets.
As of November 30, 2021, total assets include $1.1 billion related to consolidated VIEs of which $60.9 million is included in Homebuilding cash and cash equivalents, $4.4 million in Homebuilding receivables, net, $14.3 million in Homebuilding finished homes and construction in progress, $697.1 million in Homebuilding land and land under development, $239.2 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $17.4 million in Homebuilding other assets and $80.6 million in Multifamily assets.
[2] As of November 30, 2022, total liabilities include $620.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $66.9 million is included in Homebuilding accounts payable, $510.9 million in Homebuilding liabilities related to consolidated inventory not owned, $29.4 million in Homebuilding senior notes and other debts payable, $7.2 million in Homebuilding other liabilities, $3.8 million in Multifamily liabilities and $2.2 million in Lennar Other liabilities.As of November 30, 2021, total liabilities include $258.5 million related to consolidated VIEs as to which there was no recourse against the Company, of which $26.6 million is included in Homebuilding accounts payable, $196.6 million in Homebuilding liabilities related to consolidated inventory not owned, $20.1 million in Homebuilding senior notes and other debts payable, $12.3 million in Homebuilding other liabilities and $2.8 million in Multifamily liabilities.