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Operating And Reporting Segments (Schedule of Segment Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2021
Segment Reporting Information [Line Items]      
Assets [1] $ 39,234,303 $ 37,984,295  
Total liabilities [2] 12,532,337 13,743,928  
Equity Securities without Readily Determinable Fair Value, Amount 121,000 178,000  
Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 6,474,497 4,778,720  
Restricted cash 96,441 37,050  
Receivables, net 1,696,205 1,614,277  
Inventories 18,897,670 20,099,905  
Loans held-for-sale 2,086,809 1,776,311  
Investments in equity securities 297,243 391,026  
Loans held-for-investment, net 55,463 45,636  
Investments held-to-maturity 140,676 143,251  
Deposits and pre-acquisition costs on real estate 2,034,217 1,762,548  
Investments available-for-sale 37,953 35,482  
Investments in unconsolidated entities 2,020,005 2,137,813  
Goodwill 3,632,058 3,632,058  
Other assets 1,765,066 1,530,218  
Notes and other debts payable, net 4,984,028 6,199,136  
Other liabilities 7,548,309 7,544,792  
Homebuilding      
Segment Reporting Information [Line Items]      
Cash and cash equivalents [1] 6,273,724 4,616,124  
Restricted cash [1] 13,481 23,046  
Receivables, net [1] 887,992 673,980  
Inventories [1] 18,352,735 19,698,286  
Deposits and pre-acquisition costs on real estate 2,002,154 1,733,725  
Investments in unconsolidated entities [1] 1,143,909 1,173,164  
Goodwill 3,442,359 [1] 3,442,359  
Other assets [1] 1,512,038 1,323,478  
Assets [1] 33,628,392 32,684,162  
Notes and other debts payable, net [2] 2,816,482 4,047,294  
Total liabilities [2] 9,727,994 10,978,646  
Homebuilding | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 6,273,724 4,616,124 $ 2,735,213
Restricted cash 13,481 23,046 21,927
Receivables, net 887,992 673,980  
Inventories 18,352,735 19,698,286  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Loans held-for-investment, net 0 0  
Investments held-to-maturity 0 0  
Deposits and pre-acquisition costs on real estate 2,002,154 1,733,725  
Investments available-for-sale 0 0  
Investments in unconsolidated entities 1,143,909 1,173,164  
Goodwill 3,442,359 3,442,359  
Other assets 1,512,038 1,323,478  
Assets 33,628,392 32,684,162  
Notes and other debts payable, net 2,816,482 4,047,294  
Other liabilities 6,911,512 6,931,352  
Total liabilities 9,727,994 10,978,646  
Financial Services      
Segment Reporting Information [Line Items]      
Assets [1] 3,566,546 3,254,257  
Total liabilities [2] 2,447,039 2,353,904  
Financial Services | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 159,491 139,378 167,021
Restricted cash 82,960 14,004 12,012
Receivables, net 716,071 826,163  
Inventories 0 0  
Loans held-for-sale 2,086,809 1,776,311  
Investments in equity securities 0 0  
Loans held-for-investment, net 55,463 45,636  
Investments held-to-maturity 140,676 143,251  
Deposits and pre-acquisition costs on real estate 0 0  
Investments available-for-sale 0 0  
Investments in unconsolidated entities 0 0  
Goodwill 189,699 189,699  
Other assets 135,377 119,815  
Assets 3,566,546 3,254,257  
Notes and other debts payable, net 2,163,805 2,135,093  
Other liabilities 283,234 218,811  
Total liabilities 2,447,039 2,353,904  
Multifamily      
Segment Reporting Information [Line Items]      
Assets [1] 1,381,513 1,257,337  
Total liabilities [2] 278,177 313,484  
Multifamily | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 39,334 17,827 16,850
Restricted cash 0 0  
Receivables, net 92,142 114,134  
Inventories 544,935 401,619  
Loans held-for-sale 0 0  
Investments in equity securities 0 0  
Loans held-for-investment, net 0 0  
Investments held-to-maturity 0 0  
Deposits and pre-acquisition costs on real estate 32,063 28,823  
Investments available-for-sale 0 0  
Investments in unconsolidated entities 599,852 648,126  
Goodwill 0 0  
Other assets 73,187 46,808  
Assets 1,381,513 1,257,337  
Notes and other debts payable, net 3,741 16,749  
Other liabilities 274,436 296,735  
Total liabilities 278,177 313,484  
Lennar Other      
Segment Reporting Information [Line Items]      
Investments available-for-sale 38,000 35,500  
Assets [1] 657,852 788,539  
Total liabilities [2] 79,127 97,894  
Lennar Other | Operating Segments      
Segment Reporting Information [Line Items]      
Cash and cash equivalents 1,948 5,391 $ 2,660
Restricted cash 0 0  
Receivables, net 0 0  
Inventories 0 0  
Loans held-for-sale 0 0  
Investments in equity securities 297,243 391,026  
Loans held-for-investment, net 0 0  
Investments held-to-maturity 0 0  
Deposits and pre-acquisition costs on real estate 0 0  
Investments available-for-sale 37,953 35,482  
Investments in unconsolidated entities 276,244 316,523  
Goodwill 0 0  
Other assets 44,464 40,117  
Assets 657,852 788,539  
Notes and other debts payable, net 0 0  
Other liabilities 79,127 97,894  
Total liabilities $ 79,127 $ 97,894  
[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, 2023, total assets include $1.9 billion related to consolidated VIEs of which $22.8 million is included in Homebuilding cash and cash equivalents, $1.8 million in Homebuilding receivables, net, $18.3 million in Homebuilding finished homes and construction in progress, $628.0 million in Homebuilding land and land under development, $55.0 million in Homebuilding deposits and pre-acquisition costs on real estate, $1.2 billion in Homebuilding consolidated inventory not owned, $0.3 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets and $32.6 million in Multifamily assets.
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, $687.8 million in Homebuilding land and land under development, $48.7 million in Homebuilding deposits and pre-acquisition costs on real estate, $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.
[2] As of November 30, 2023, total liabilities include $1.2 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $53.7 million is included in Homebuilding accounts payable, $1.1 billion in Homebuilding liabilities related to consolidated inventory not owned, $38.1 million in Homebuilding other liabilities and $4.1 million in Multifamily liabilities.
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.