Lennar (LEN) 10-Q9 Apr 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Feb. 28, 2014	Mar. 31, 2014	Mar. 31, 2014
	Feb. 28, 2014	Class A Common Stock [Member]	Class B Common Stock [Member]
Entity Registrant Name	'LENNAR CORP /NEW/	'	'
Entity Central Index Key	'0000920760	'	'
Current Fiscal Year End Date	'--11-30	'	'
Entity Filer Category	'Large Accelerated Filer	'	'
Document Type	'10-Q	'	'
Document Period End Date	28-Feb-14	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q1	'	'
Amendment Flag	'false	'	'
Entity Common Stock, Shares Outstanding	'	173,114,970	31,303,195

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
ASSETS	'		'
Cash and cash equivalents	$874,298		$970,505
Inventories:	'		'
Total assets	11,526,788	[1]	11,273,247	[1]
LIABILITIES AND EQUITY	'		'
Senior notes and other debts payable	4,664,715		4,194,432
Total liabilities	6,825,631	[2]	6,645,777	[2]
Stockholders' equity:	'		'
Preferred stock	0	[2]	0	[2]
Additional paid-in capital	2,730,647	[2]	2,721,246	[2]
Retained earnings	2,123,841	[2]	2,053,893	[2]
Treasury stock, at cost; February 28, 2014 - 11,724,326 Class A common stock and 1,679,620 Class B common stock; November 30, 2013 - 12,063,466 Class A common stock and 1,679,620 Class B common stock	-616,112	[2]	-628,019	[2]
Total stockholders' equity	4,260,158	[2]	4,168,901	[2]
Noncontrolling interests	440,999	[2]	458,569	[2]
Total equity	4,701,157	[2]	4,627,470	[2]
Total liabilities and equity	11,526,788	[2]	11,273,247	[2]
Lennar Homebuilding [Member]	'		'
ASSETS	'		'
Cash and cash equivalents	645,691	[1]	695,424	[1]
Restricted cash	35,529	[1]	36,150	[1]
Receivables, net	78,246	[1]	51,935	[1]
Inventories:	'		'
Finished homes and construction in progress	2,577,803	[1]	2,269,116	[1]
Land and land under development	4,172,377	[1]	3,871,773	[1]
Consolidated inventory not owned	397,156	[1]	460,159	[1]
Total inventories	7,147,336	[1]	6,601,048	[1]
Investments in unconsolidated entities	689,749	[1]	716,949	[1]
Other assets	711,096	[1]	748,629	[1]
Total assets	9,307,647	[1]	8,850,135	[1]
LIABILITIES AND EQUITY	'		'
Accounts payable	285,281	[2]	271,365	[2]
Liabilities related to consolidated inventory not owned	335,632	[2]	384,876	[2]
Senior notes and other debts payable	4,664,715	[2]	4,194,432	[2]
Other liabilities	664,238	[2]	712,931	[2]
Total liabilities	5,949,866	[2]	5,563,604	[2]
Rialto Investments [Member]	'		'
ASSETS	'		'
Cash and cash equivalents	169,404	[1]	201,496	[1]
Restricted cash	18,489		2,593
Receivables, net	52,156	[3]	111,833
Inventories:	'		'
Investments in unconsolidated entities	164,759	[1]	154,573	[1]
Other assets	72,271	[1]	59,358	[1]
Loans receivable, net	265,419	[1]	278,392	[1]
Loans held-for-sale	86,857	[1],[4]	44,228	[1],[4]
Real estate owned, held-for-sale	186,234	[1]	197,851	[1]
Real estate owned, held-and-used, net	405,675	[1]	428,989	[1]
Total assets	1,421,264	[1]	1,479,313	[1]
LIABILITIES AND EQUITY	'		'
Senior notes and other debts payable	421,758	[2],[5]	441,883	[2],[5]
Other liabilities	50,797	[2],[6]	55,125	[2],[6]
Total liabilities	472,555	[2]	497,008	[2]
Lennar Financial Services [Member]	'		'
ASSETS	'		'
Cash and cash equivalents	56,707		73,066
Restricted cash	7,015		10,283
Receivables, net	81,281	[7]	127,223	[7]
Inventories:	'		'
Other assets	50,993	[8]	49,161	[8]
Loans held-for-sale	314,771	[4]	414,231	[4]
Total assets	638,197	[1]	796,710	[1]
LIABILITIES AND EQUITY	'		'
Other liabilities	153,967	[9]	169,473	[9]
Total liabilities	377,085	[2]	543,639	[2]
Lennar Multifamily [Member]	'		'
ASSETS	'		'
Cash and cash equivalents	2,496		519
Inventories:	'		'
Land and land under development	62,145		88,260
Consolidated inventory not owned	5,000		10,500
Investments in unconsolidated entities	63,876		46,301
Total assets	159,680	[1]	147,089	[1]
LIABILITIES AND EQUITY	'		'
Liabilities related to consolidated inventory not owned	4,200		10,150
Senior notes and other debts payable	1,960		13,858
Total liabilities	26,125		41,526
Class A Common Stock [Member]	'		'
Stockholders' equity:	'		'
Common stock	18,484	[2]	18,483	[2]
Total equity	18,484		18,483
Class B Common Stock [Member]	'		'
Stockholders' equity:	'		'
Common stock	3,298	[2]	3,298	[2]
Total equity	$3,298		$3,298

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.
[3]	Receivables, net primarily relate to loans sold but not settled as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[4]	Loans held-for-sale relate to unsold loans carried at fair value.
[5]	Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both FebruaryB 28, 2014 and NovemberB 30, 2013 and also include $57.8 million and $76.0 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.
[6]	Other liabilities include interest rate swaps and swap futures carried at fair value of $0.5 million as of FebruaryB 28, 2014 and credit default swaps carried at fair value of $1.1 million and $0.3 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[7]	Receivables, net primarily relate to loans sold to investors for which the Company had not yet been paid as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[8]	Other assets include mortgage loan commitments carried at fair value of $10.1 million and $7.3 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively. In addition, other assets also includes forward contracts carried at fair value of $1.4 million as of NovemberB 30, 2013.
[9]	Other liabilities include $72.5 million and $74.5 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, of certain of the Companybs self-insurance reserves related to general liability and workersb compensation. Other liabilities also include forward contracts carried at fair value of $4.3 million as of FebruaryB 28, 2014

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Feb. 28, 2014	Nov. 30, 2013
In Thousands, except Share data, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Stockholders' Equity:	'	'
Total consolidated VIEs assets	$1,106,356	$1,195,347
Total consolidated VIEs liabilities	248,034	294,768
Class A Common Stock [Member]	'	'
Stockholders' Equity:	'	'
Common Stock, par value	$0.10	$0.10
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	184,838,376	184,833,120
Treasury stock, shares	11,724,326	12,063,466
Class B Common Stock [Member]	'	'
Stockholders' Equity:	'	'
Common Stock, par value	$0.10	$0.10
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	32,982,815	32,982,815
Treasury stock, shares	1,679,620	1,679,620
Lennar Homebuilding Consolidated VIEs [Member]	'	'
Stockholders' Equity:	'	'
Cash and cash equivalents	10,555	8,326
Restricted Cash	17,703	17,703
Receivables, net	8,622	2,401
Land and land under development	94,205	94,836
Consolidated inventory not owned	176,802	243,585
Investments in unconsolidated entities	13,582	14,658
Other assets	85,423	86,773
Accounts payable	2,134	2,969
Liabilities related to consolidated inventory not owned	137,992	191,647
Senior notes and other debts payable	78,132	75,090
Other liabilities	9,118	4,908
Rialto Investments Consolidated VIEs [Member]	'	'
Stockholders' Equity:	'	'
Cash and cash equivalents	36,939	44,815
Investments in unconsolidated entities	687	693
Other assets	2,026	1,828
Loans receivable	232,947	243,953
Real estate owned, held for sale	117,641	121,977
Real estate owned held-and-used, net	286,284	313,799
Notes Payable And Other Liabilities	20,658	20,154
Lennar Multifamily Consolidated Vies [Member]	'	'
Stockholders' Equity:	'	'
Total consolidated VIEs assets	$22,939	'

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Revenues:	'		'
Total revenues	$1,363,095	[1]	$990,243	[1]
Cost and expenses:	'		'
Corporate general and administrative	38,112		31,270
Total costs and expenses	1,236,457		925,321
Other interest expense	-12,691		-26,031
Earnings before income taxes	125,876		53,321
Provision (Benefit) for income taxes	45,911		-3,637
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	79,965		56,958
Less: Net earnings (loss) attributable to noncontrolling interests	1,848		-534
Net earnings attributable to Lennar	78,117		57,492
Basic earnings per share	$0.38		$0.30
Diluted earnings per share	$0.35		$0.26
Cash dividends per each Class A and Class B common share	$0.04		$0.04
Comprehensive Income (Loss), Net of Tax, Attributable to Lennar	78,117		57,492
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interests	1,848		-534
Lennar Homebuilding [Member]	'		'
Revenues:	'		'
Real estate revenues	1,231,385		868,444
Cost and expenses:	'		'
Lennar Homebuilding	1,064,355		778,674
Equity in earnings (loss) from unconsolidated entities	4,990	[2]	-864	[2]
Other income (expense), net	2,889		7,797
Lennar Financial Services [Member]	'		'
Revenues:	'		'
Lennar Financial Services	76,952		95,880
Cost and expenses:	'		'
Lennar Financial Services	72,487		79,778
Rialto Investments [Member]	'		'
Revenues:	'		'
Rialto Investments, Revenues	46,955		25,622
Cost and expenses:	'		'
Rialto Investments, Cost and expenses	47,576		31,771
Equity in earnings (loss) from unconsolidated entities	5,354		6,173
Other income (expense), net	-1,229		1,327
Less: Net earnings (loss) attributable to noncontrolling interests	935		-300
Lennar Multifamily [Member]	'		'
Revenues:	'		'
Real estate revenues	7,803		297
Cost and expenses:	'		'
Lennar Multifamily	13,927		3,828
Equity in earnings (loss) from unconsolidated entities	($75)		($3)

[1]	Total revenues are net of sales incentives of $76.5 million ($21,300 per home delivered) for the three months ended February 28, 2014 and $74.0 million ($23,300 per home delivered) for the three months ended February 28, 2013.
[2]	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Cash flows from operating activities:	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	$79,965		$56,958
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:	'		'
Depreciation and amortization	7,839		6,333
Amortization of discount/premium on debt, net	5,306		5,540
Share based compensation expense	8,741		6,486
Tax benefit from share-based awards	137		3,164
Excess tax benefits from share-based awards	-137		-3,013
Deferred income tax (benefit) expense	42,079		-7,730
Changes in assets and liabilities:	'		'
(Increase) Decrease in restricted cash	4,408		417
Decrease in receivables	69,081		-240
Increase in inventories, excluding valuation adjustments and write-offs of option deposits and pre-acquisition costs	-592,008		-514,597
Increase in other assets	6,049		5,559
Decrease in accounts payable and other liabilities	-74,196		-41,108
Net cash provided by (used in) operating activities	-394,607		-321,492
Cash flows from investing activities:	'		'
Increase (Decrease) in Restricted Cash	560		0
Net disposals (additions) of operating properties and equipment	-3,531		-1,261
Net cash provided by (used in) investing activities	75,270		260,046
Cash flows from financing activities:	'		'
Proceeds from Issuance of Senior Long-term Debt	500,500		450,000
Debt issuance costs	-4,195		-4,730
Principal repayments on Rialto Investments notes payable	-2,101		-304,123
Proceeds from other borrowings	15,332		58,092
Principal payments on other borrowings	-87,502		-63,926
Exercise of land option contracts from an unconsolidated land investment venture	-1,540		-1,270
Receipts related to noncontrolling interests	74		434
Payments related to noncontrolling interests	-32,609		-12,585
Excess tax benefits from share-based awards	137		3,013
Common stock:	'		'
Issuances	12,420		21,668
Payments of Ordinary Dividends, Common Stock	-8,169		-7,693
Net cash used in financing activities	223,130		-7,181
Net decrease in cash and cash equivalents	-96,207		-68,627
Cash and cash equivalents at beginning of period	970,505		1,310,743
Cash and cash equivalents at end of period	874,298		1,242,116
Rialto Investments:	'		'
Non-cash acquisition of Servicer Provider	8,317		0
Consolidation of Lennar Multifamily unconsolidated entity, net:	'		'
Operating properties and equipment	22,495		0
Investments in Lennar Multifamily unconsolidated entity	-10,495		0
Noncontrolling interests	-12,000		0
Lennar Homebuilding [Member]	'		'
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:	'		'
Equity in earnings from unconsolidated entities	-4,990	[1]	864	[1]
Distributions of earnings from unconsolidated entities	1,332		53
Gains (Losses) on Lennar Homebuilding senior notes	0		-1,000
Valuation adjustments and write-offs of option deposits and pre-acquisition costs, other receivables and other assets	2,054		1,713
Cash flows from investing activities:	'		'
Investments in and contributions to unconsolidated entities	-24,149		-14,137
Distributions of capital from Rialto Investments unconsolidated entities	53,649		8,213
Purchases of Lennar Homebuilding investments available-for-sale	-15,994		-15,417
Common stock:	'		'
Cash and cash equivalents at beginning of period	695,424	[2]	'
Cash and cash equivalents at end of period	645,691	[2]	1,112,163
Lennar Homebuilding and Lennar Multifamily:	'		'
Non-cash contributions to unconsolidated entities	354		16,734
Inventory acquired in satisfaction of other assets including investments available-for-sale	4,774		0
Purchases of inventories financed by sellers	25,762		59,821
Rialto Investments [Member]	'		'
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:	'		'
Equity in earnings from unconsolidated entities	-5,354		-6,173
Distributions of earnings from unconsolidated entities	0		107
Unrealized and realized gains on Rialto Investments real estate owned	-9,441		-10,136
Valuation adjustments and write-offs of option deposits and pre-acquisition costs, other receivables and other assets	9,025		7,885
Changes in assets and liabilities:	'		'
Decrease in Lennar Financial Services loans-held-for-sale	-42,935		0
Cash flows from investing activities:	'		'
Investments in and contributions to unconsolidated entities	-18,306		0
Distributions of capital from Rialto Investments unconsolidated entities	5,182		7,680
Decrease (increase) in Rialto Investments defeasance cash to retire notes payable	0		219,158
Receipts Of Principal Payments On Loans Receivable	6,879		18,434
Proceeds from sales of Rialto Investments real estate owned	50,742		34,451
Improvements in Rialto Investments real estate owned	-2,356		-1,716
Payments to Acquire Notes Receivable	0		-5,250
Cash flows from financing activities:	'		'
Net repayments under Lennar Financial Services debt	-18,169		0
Principal repayments on Rialto Investments notes payable	-2,101		-304,123
Common stock:	'		'
Cash and cash equivalents at beginning of period	201,496	[2]	'
Cash and cash equivalents at end of period	169,404	[2]	64,188
Rialto Investments:	'		'
Real estate owned acquired in satisfaction/partial satisfaction of loans receivable	4,534		15,321
Lennar Multifamily [Member]	'		'
Adjustments to reconcile net earnings (including net earnings (loss) attributable to noncontrolling interests) to net cash provided by (used in) operating activities:	'		'
Equity in earnings from unconsolidated entities	75		3
Cash flows from investing activities:	'		'
Investments in and contributions to unconsolidated entities	-9,083		-571
Distributions of capital from Rialto Investments unconsolidated entities	35,893		9,243
Common stock:	'		'
Cash and cash equivalents at beginning of period	519		'
Cash and cash equivalents at end of period	2,496		565
Lennar Homebuilding and Lennar Multifamily:	'		'
Non-cash contributions to unconsolidated entities	54,955		0
Lennar Financial Services [Member]	'		'
Changes in assets and liabilities:	'		'
Decrease in Lennar Financial Services loans-held-for-sale	98,363		167,423
Cash flows from investing activities:	'		'
(Increase) Decrease in Lennar Financial Services loans held-for-investment, net	953		446
Purchases of Lennar Financial Services investment securities	-5,220		-13,357
Proceeds from maturities of Lennar Financial Services investment securities	51		14,130
Cash flows from financing activities:	'		'
Net repayments under Lennar Financial Services debt	-151,048		-146,061
Common stock:	'		'
Cash and cash equivalents at beginning of period	73,066		'
Cash and cash equivalents at end of period	$56,707		$65,200

[1]	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.
[2]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Basis_Of_Presentation

Basis Of Presentation	3 Months Ended
Basis Of Presentation	Feb. 28, 2014
Basis Of Presentation [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	Basis of Consolidation
	The accompanying condensed consolidated financial statements include the accounts of Lennar Corporation and all subsidiaries, partnerships and other entities in which Lennar Corporation has a controlling interest and VIEs (see Note 16) in which Lennar Corporation is deemed to be the primary beneficiary (the “Company”). The Company’s investments in both unconsolidated entities in which a significant, but less than controlling, interest is held and in VIEs in which the Company is not deemed to be the primary beneficiary, are accounted for by the equity method. All intercompany transactions and balances have been eliminated in consolidation. The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended November 30, 2013. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for the fair presentation of the accompanying condensed consolidated financial statements have been made.
	The Company has historically experienced, and expects to continue to experience, variability in quarterly results. The condensed consolidated statements of operations for the three months ended February 28, 2014 are not necessarily indicative of the results to be expected for the full year.
	Reclassifications
	Certain prior year amounts in the condensed consolidated financial statements have been reclassified to conform with the 2014 presentation. These reclassifications had no impact on the Company's results of operations. As a result of the Company's change in reportable segments in the Company's Form 10-K for the year ended November 30, 2013 to include Lennar Multifamily, the Company revised the presentation of certain prior year amounts in the condensed consolidated financial statements to conform with the 2014 presentation.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Operating_And_Reporting_Segmen

Operating And Reporting Segments	3 Months Ended
	Feb. 28, 2014
Segment Reporting [Abstract]	'
Operating And Reporting Segments	'
	Operating and Reporting Segments
	The Company’s operating segments are aggregated into reportable segments, based primarily upon similar economic characteristics, geography and product type. The Company’s reportable segments consist of:
	(1) Homebuilding East
	(2) Homebuilding Central
	(3) Homebuilding West
	(4) Homebuilding Southeast Florida
	(5) Homebuilding Houston
	(6) Lennar Financial Services
	(7) Rialto Investments
	(8) Lennar Multifamily
	Information about homebuilding activities in states which are not economically similar to other states in the same geographic area is grouped under “Homebuilding Other,” which is not considered a reportable segment.
	Evaluation of segment performance is based primarily on operating earnings (loss) before income taxes. Operations of the Company’s homebuilding segments primarily include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through the Company’s unconsolidated entities. Operating earnings (loss) for the homebuilding segments consist of revenues generated from the sales of homes and land, equity in earnings (loss) from unconsolidated entities and other income (expense), net, less the cost of homes sold and land sold, selling, general and administrative expenses and other interest expense of the segment.
	The Company’s reportable homebuilding segments and all other homebuilding operations not required to be reported separately have operations located in:
	East: Florida(1), Georgia, Maryland, New Jersey, North Carolina, South Carolina and Virginia
	Central: Arizona, Colorado and Texas(2)
	West: California and Nevada
	Southeast Florida: Southeast Florida
	Houston: Houston, Texas
	Other: Illinois, Minnesota, Oregon, Tennessee and Washington
	(1)Florida in the East reportable segment excludes Southeast Florida, which is its own reportable segment.
	(2)Texas in the Central reportable segment excludes Houston, Texas, which is its own reportable segment.
	Operations of the Lennar Financial Services segment include primarily mortgage financing, title insurance and closing services for both buyers of the Company’s homes and others. The Lennar Financial Services segment sells substantially all of the loans it originates within a short period in the secondary mortgage market, the majority of which are sold on a servicing released, non-recourse basis. After the loans are sold, the Company retains potential liability for possible claims by purchasers that it breached certain limited industry-standard representations and warranties in the loan sale agreements. Lennar Financial Services’ operating earnings consist of revenues generated primarily from mortgage financing, title insurance and closing services, less the cost of such services and certain selling, general and administrative expenses incurred by the segment. The Lennar Financial Services segment operates generally in the same states as the Company’s homebuilding operations, as well as in other states.
	Operations of the Rialto Investments (“Rialto”) segment include raising, investing and managing third party capital, originating and securitizing commercial mortgage loans, as well as investing its own capital in real estate related mortgage loans, properties and related securities. Rialto utilizes its vertically-integrated investment and operating platform to underwrite, diligence, acquire, manage, workout and add value to diverse portfolios of real estate loans, properties and securities, as well as providing strategic real estate capital. Rialto’s operating earnings consist of revenues generated primarily from accretable interest income associated with portfolios of real estate loans acquired in partnership with the FDIC and other portfolios of real estate loans and assets acquired, gains from securitization transactions and interest income from the new Rialto Mortgage Finance ("RMF") business, asset management, due diligence and underwriting fees derived from the segment's investments in the real estate investment funds managed by the Rialto segment, fees for sub-advisory services, other income (expense), net, consisting primarily of gains upon foreclosure of real estate owned (“REO”) and gains on sale of REO, and equity in earnings (loss) from unconsolidated entities, less the costs incurred by the segment for managing portfolios, costs related to RMF, REO expenses and other general and administrative expenses.
	Operations of the Lennar Multifamily segment include revenues generated from the sales of land, revenue from construction activities and management fees generated from joint ventures less the cost of sales of land, expenses related to construction activities, equity in loss from unconsolidated entities and general and administrative expenses.
	Each reportable segment follows the same accounting policies described in Note 1 – “Summary of Significant Accounting Policies” to the consolidated financial statements in the Company’s Form 10-K for the year ended November 30, 2013. Operational results of each segment are not necessarily indicative of the results that would have occurred had the segment been an independent, stand-alone entity during the periods presented.
	Financial information relating to the Company’s operations was as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Homebuilding East	$	2,031,553		1,890,138

	Homebuilding Central	1,079,194			963,815

	Homebuilding West	3,313,733			3,108,395

	Homebuilding Southeast Florida	766,805			757,125

	Homebuilding Houston	371,861			307,864

	Homebuilding Other	841,535			808,496

	Rialto Investments	1,421,264			1,479,313

	Lennar Financial Services	638,197			796,710

	Lennar Multifamily	159,680			147,089

	Corporate and unallocated	902,966			1,014,302

	Total assets	$	11,526,788		11,273,247



		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues:
	Homebuilding East	$	390,508		288,892

	Homebuilding Central	162,494			149,032

Homebuilding West	315,015			174,075

Homebuilding Southeast Florida	102,164			71,851

Homebuilding Houston	130,623			108,518

Homebuilding Other	130,581			76,076

Lennar Financial Services	76,952			95,880

Rialto Investments	46,955			25,622

Lennar Multifamily	7,803			297

Total revenues (1)	$	1,363,095		990,243

Operating earnings (loss):
Homebuilding East	$	50,652		22,875

Homebuilding Central	10,660			13,957

Homebuilding West (2)	53,793			12,603

Homebuilding Southeast Florida (3)	20,558			9,408

Homebuilding Houston	21,671			9,506

Homebuilding Other (4)	4,884			2,323

Lennar Financial Services	4,465			16,102

Rialto Investments	3,504			1,351

Lennar Multifamily	(6,199		)	(3,534	)
Total operating earnings	163,988			84,591

Corporate general and administrative expenses	38,112			31,270

Earnings before income taxes	$	125,876		53,321


-1	Total revenues are net of sales incentives of $76.5 million ($21,300 per home delivered) for the three months ended February 28, 2014 and $74.0 million ($23,300 per home delivered) for the three months ended February 28, 2013.

-2	For the three months ended February 28, 2014, operating earnings includes $0.9 million of valuation adjustments to land the Company intends to sell or has sold to third parties.

-3	For the three months ended February 28, 2013, operating earnings includes $1.1 million of valuation adjustments to finished homes, CIP and land on which the Company intends to build homes.
(4)For the three months ended February 28, 2014, operating earnings includes $1.0 million write-offs of option deposits and pre-acquisition costs.

Lennar_Homebuilding_Investment

Lennar Homebuilding Investments In Unconsolidated Entities	3 Months Ended
	Feb. 28, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Lennar Homebuilding Investments In Unconsolidated Entities	'
	Lennar Homebuilding Investments in Unconsolidated Entities
	Summarized condensed financial information on a combined 100% basis related to Lennar Homebuilding’s unconsolidated entities that are accounted for by the equity method was as follows:
	Statements of Operations


		Three Months Ended
		February 28,
	(In thousands)	2014				2013
	Revenues	$	143,694			81,224

	Costs and expenses	145,639				81,622

	Other income	—				13,361

	Net earnings (loss) of unconsolidated entities	$	(1,945	)		12,963

	Lennar Homebuilding equity in earnings (loss) from unconsolidated entities (1)	$	4,990			(864	)


	-1	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.
	Balance Sheets


	(In thousands)	February 28,				November 30,
		2014				2013
	Assets:
	Cash and cash equivalents	$	196,420			184,521

	Inventories	2,855,981				2,904,795

	Other assets	139,076				147,410

		$	3,191,477			3,236,726

	Liabilities and equity:
	Accounts payable and other liabilities	$	263,895			272,940

	Debt	469,011				450,457

	Equity	2,458,571				2,513,329

		$	3,191,477			3,236,726

	As of February 28, 2014 and November 30, 2013, the Company’s recorded investments in Lennar Homebuilding unconsolidated entities were $689.7 million and $716.9 million, respectively, while the underlying equity in Lennar Homebuilding unconsolidated entities partners’ net assets as of February 28, 2014 and November 30, 2013 was $793.3 million and $829.5 million, respectively. The basis difference is primarily as a result of the Company buying an interest in a partner's equity in a Lennar Homebuilding unconsolidated entity at a discount to book value and contributing non-monetary assets to an unconsolidated entity with a higher fair value than book value.
	In fiscal 2007, the Company sold a portfolio of land to a strategic land investment venture with Morgan Stanley Real Estate Fund II, L.P., an affiliate of Morgan Stanley & Co., Inc., in which the Company has approximately a 20% ownership interest and 50% voting rights. Due to the nature of the Company’s continuing involvement, the transaction did not qualify as a sale by the Company under GAAP; thus, the inventory has remained on the Company’s condensed consolidated balance sheet in consolidated inventory not owned. As of both February 28, 2014 and November 30, 2013, the portfolio of land (including land development costs) of $237.2 million and $241.8 million, respectively, is also reflected as inventory in the summarized condensed financial information related to Lennar Homebuilding’s unconsolidated entities.
	The Lennar Homebuilding unconsolidated entities in which the Company has investments usually finance their activities with a combination of partner equity and debt financing. In some instances, the Company and its partners have guaranteed debt of certain unconsolidated entities.
	The total debt of the Lennar Homebuilding unconsolidated entities in which the Company has investments, including Lennar's maximum recourse exposure, were as follows:


	(In thousands)	February 28,				November 30,
		2014				2013
	The Company’s net recourse exposure	$	26,909			27,496

	Reimbursement agreements from partners	8,921				13,500

	The Company’s maximum recourse exposure	$	35,830			40,996

	Non-recourse bank debt and other debt (partner’s share of several recourse)	$	60,791			61,008

	Non-recourse land seller debt or other debt	4,041				20,454

	Non-recourse debt with completion guarantees	272,536				245,821

Non-recourse debt without completion guarantees	95,813				82,178

Non-recourse debt to the Company	433,181				409,461

Total debt	$	469,011			450,457

The Company’s maximum recourse exposure as a % of total JV debt	8		%		9	%
In most instances in which the Company has guaranteed debt of a Lennar Homebuilding unconsolidated entity, the Company’s partners have also guaranteed that debt and are required to contribute their share of the guarantee payments. Historically, the Company has had repayment guarantees and/or maintenance guarantees. In a repayment guarantee, the Company and its venture partners guarantee repayment of a portion or all of the debt in the event of default before the lender would have to exercise its rights against the collateral. In the event of default, if the Company’s venture partner does not have adequate financial resources to meet its obligations under the reimbursement agreement, the Company may be liable for more than its proportionate share, up to its maximum recourse exposure, which is the full amount covered by the joint and several guarantee. As of both February 28, 2014 and November 30, 2013, the Company did not have any maintenance guarantees related to its Lennar Homebuilding unconsolidated entities. The maintenance guarantees only apply if the value of the collateral (generally land and improvements) is less than a specified percentage of the loan balance. If the Company is required to make a payment under a repayment or maintenance guarantee, the payment would constitute a capital contribution or loan to the Lennar Homebuilding unconsolidated entity and increase the Company’s investment in the unconsolidated entity and its share of any funds the unconsolidated entity distributes.
In connection with many of the loans to Lennar Homebuilding unconsolidated entities, the Company and its joint venture partners (or entities related to them) have been required to give guarantees of completion to the lenders. Those completion guarantees may require that the guarantors complete the construction of the improvements for which the financing was obtained. If the construction is to be done in phases, the guarantee generally is limited to completing only the phases as to which construction has already commenced and for which loan proceeds were used.
As of February 28, 2014, the fair values of the repayment guarantees and completion guarantees were not material. The Company believes that as of February 28, 2014, in the event it becomes legally obligated to perform under a guarantee of the obligation of a Lennar Homebuilding unconsolidated entity due to a triggering event under a guarantee, most of the time the collateral should be sufficient to repay at least a significant portion of the obligation or the Company and its partners would contribute additional capital into the venture. In certain instances, the Company has placed performance letters of credit and surety bonds with municipalities for its joint ventures (see Note 12).

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Feb. 28, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity	'
	Stockholders' Equity
	The following table reflects the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for both the three months ended February 28, 2014 and 2013:


					Stockholders’ Equity
	(In thousands)	Total			Class A	Class B	Additional Paid-	Treasury		Retained		Noncontrolling
		Equity			Common Stock	Common Stock	in Capital	Stock		Earnings		Interests
	Balance at November 30, 2013	$	4,627,470		18,483	3,298	2,721,246	(628,019	)	2,053,893		458,569

	Net earnings (including net earnings attributable to noncontrolling interests)	79,965			—	—	—	—		78,117		1,848

	Employee stock and directors	12,433			1	—	525	11,907		—		—
	plans
	Tax benefit from employee stock	137			—	—	137	—		—		—
	plans and vesting of restricted
	stock
	Amortization of restricted stock	8,739			—	—	8,739	—		—		—

	Cash dividends	(8,169		)	—	—	—	—		(8,169	)	—

	Receipts related to	74			—	—	—	—		—		74
	noncontrolling interests
	Payments related to	(32,609		)	—	—	—	—		—		(32,609	)
	noncontrolling interests
	Non-cash consolidations	13,117			—	—	—	—		—		13,117

	Balance at February 28, 2014	$	4,701,157		18,484	3,298	2,730,647	(616,112	)	2,123,841		440,999



					Stockholders’ Equity
	(In thousands)	Total			Class A	Class B	Additional Paid-	Treasury		Retained		Noncontrolling
		Equity			Common Stock	Common Stock	in Capital	Stock		Earnings		Interests
	Balance at November 30, 2012	$	4,001,208		17,240	3,298	2,421,941	(632,846	)	1,605,131		586,444

	Net earnings (including net	56,958			—	—	—	—		57,492		(534	)
	loss attributable to
	noncontrolling interests)
	Employee stock and directors	21,668			33	—	4,487	17,148		—		—
	plans
	Tax benefit from employee stock	3,164			—	—	3,164	—		—		—
	plans and vesting of restricted
	stock
	Amortization of restricted stock	6,486			—	—	6,486	—		—		—

	Cash dividends	(7,693		)	—	—	—	—		(7,693	)	—

	Receipts related to	434			—	—	—	—		—		434
	noncontrolling interests
	Payments related to noncontrolling interests	(12,585		)	—	—	—	—		—		(12,585	)

	Balance at February 28, 2013	$	4,069,640		17,273	3,298	2,436,078	(615,698	)	1,654,930		573,759

	The Company has a stock repurchase program which permits the purchase of up to 20 million shares of its outstanding common stock. During both the three months ended February 28, 2014 and 2013, there were no repurchases of common stock under the stock repurchase program. As of February 28, 2014, 6.2 million shares of common stock could be repurchased in the future under the program.
	During the three months ended February 28, 2014 and 2013, treasury stock decreased by 0.3 million and 0.5 million shares of Class A common stock, respectively, due to activity related to the Company's equity compensation plan.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Feb. 28, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	During the three months ended February 28, 2014, the Company had a tax provision of $45.9 million primarily related to pre-tax earnings. During the three months ended February 28, 2013, the Company had a tax benefit of $3.6 million, which included a $25.1 million reversal of its valuation allowance, partially offset by a $21.5 million tax provision primarily related to pre-tax earnings. The effective tax rate for the three months ended February 28, 2014 and 2013 was 37.02% and (6.75%), respectively. The difference in tax rate between the two periods is primarily the result of a valuation allowance reversal during the three months ended February 28, 2013.
	In accordance with ASC 740, the Company evaluates its deferred tax assets quarterly to determine if adjustments to its valuation allowance are required. ASC 740 requires that companies assess whether a valuation allowance should be established based on the consideration of all available positive and negative evidence using a “more likely than not” standard with respect to whether deferred tax assets will be realized. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, actual earnings, forecasts of future profitability, the duration of statutory carryforward periods, the Company’s experience with loss carryforwards not expiring unused and tax planning alternatives.
	As of February 28, 2014 and November 30, 2013, the Company's deferred tax assets, net included in the condensed consolidated balance sheets were $337.6 million and $376.8 million, respectively. The net deferred tax assets included a valuation allowance of $12.7 million as of both February 28, 2014 and November 30, 2013, primarily related to state net operating loss ("NOL") carryforwards that may expire due to short carryforward periods.
	At February 28, 2014 and November 30, 2013, the Company had federal tax effected NOL carryforwards totaling $55.7 million and $88.1 million, respectively, that may be carried forward up to 20 years to offset future taxable income and begin to expire in 2025. At February 28, 2014 and November 30, 2013, the Company had state tax effected NOL carryforwards totaling $139.9 million and $143.6 million, respectively, that may be carried forward from 5 to 20 years, depending on the tax jurisdiction, with losses expiring between 2014 and 2033. At both February 28, 2014 and November 30, 2013, the Company had a valuation allowance of $10.6 million, respectively, against its state NOL carryforwards because the Company believes it is more likely than not that a portion of its state NOL carryforwards will not be realized due to the limited carryforward periods in certain states.
	At both February 28, 2014 and November 30, 2013, the Company had $10.5 million of gross unrecognized tax benefits. At February 28, 2014, the Company had $22.3 million accrued for interest and penalties, of which $3.2 million was recorded during the three months ended February 28, 2014. At November 30, 2013, the Company had $19.1 million accrued for interest and penalties.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Feb. 28, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings Per Share
	Basic earnings per share is computed by dividing net earnings attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company.
	All outstanding nonvested shares that contain non-forfeitable rights to dividends or dividend equivalents that participate in undistributed earnings with common stock are considered participating securities and are included in computing earnings per share pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating securities according to dividends or dividend equivalents and participation rights in undistributed earnings. The Company’s restricted common stock (“nonvested shares”) are considered participating securities.
	Basic and diluted earnings per share were calculated as follows:


		Three Months Ended
		February 28,
	(In thousands, except per share amounts)	2014		2013
	Numerator:
	Net earnings attributable to Lennar	$	78,117	57,492

	Less: distributed earnings allocated to nonvested shares	98		102

	Less: undistributed earnings allocated to nonvested shares	842		664

	Numerator for basic earnings per share	77,177		56,726

	Plus: interest on 3.25% convertible senior notes due 2021 and	1,982		2,826
	2.00% convertible senior notes due 2020 (1)
	Plus: undistributed earnings allocated to convertible shares	842		662

	Less: undistributed earnings reallocated to convertible shares	770		588

	Numerator for diluted earnings per share	$	79,231	59,626

	Denominator:
	Denominator for basic earnings per share - weighted average	201,955		189,548
	common shares outstanding
	Effect of dilutive securities:
	Share-based payments	10		573

	Convertible senior notes	25,670		35,896

	Denominator for diluted earnings per share - weighted average	227,635		226,017
	common shares outstanding
	Basic earnings per share	$	0.38	0.3

	Diluted earnings per share	$	0.35	0.26


	-1	Interest on the 2.00% convertible senior notes due 2020 is only included in the three months ended February 28, 2013 because the holders of the 2.00% convertible senior notes due 2020 converted the notes into shares of Class A common stock in November 30, 2013.
	For both the three months ended February 28, 2014 and 2013, there were no options to purchase shares of Class A common stock that were outstanding and anti-dilutive.

Lennar_Financial_Services_Segm

Lennar Financial Services Segment	3 Months Ended
	Feb. 28, 2014
Lennar Financial Services Segment [Abstract]	'
Lennar Financial Services Segment	'
	Lennar Financial Services Segment
	The assets and liabilities related to the Lennar Financial Services segment were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	56,707		73,066

	Restricted cash	7,015			10,283

	Receivables, net (1)	81,281			127,223

	Loans held-for-sale (2)	314,771			414,231

	Loans held-for-investment, net	26,362			26,356

	Investments held-to-maturity	67,022			62,344

	Goodwill	34,046			34,046

	Other (3)	50,993			49,161

		$	638,197		796,710

	Liabilities:
	Notes and other debts payable	$	223,118		374,166

	Other (4)	153,967			169,473

		$	377,085		543,639


	-1	Receivables, net primarily relate to loans sold to investors for which the Company had not yet been paid as of February 28, 2014 and November 30, 2013, respectively.

	-2	Loans held-for-sale relate to unsold loans carried at fair value.

	-3	Other assets include mortgage loan commitments carried at fair value of $10.1 million and $7.3 million as of February 28, 2014 and November 30, 2013, respectively. In addition, other assets also includes forward contracts carried at fair value of $1.4 million as of November 30, 2013.

	-4	Other liabilities include $72.5 million and $74.5 million as of February 28, 2014 and November 30, 2013, respectively, of certain of the Company’s self-insurance reserves related to general liability and workers’ compensation. Other liabilities also include forward contracts carried at fair value of $4.3 million as of February 28, 2014.
	At February 28, 2014, the Lennar Financial Services segment warehouse facilities were as follows:


	(In thousands)	Maximum Aggregate Commitment
	364-day warehouse repurchase facility that matures November 2014	$	325,000

	364-day warehouse repurchase facility that matures February 2015 (1)	300,000

	364-day warehouse repurchase facility that matures February 2015	150,000

	Totals	$	775,000


	-1	Maximum aggregate commitment includes a $100 million accordion feature that is usable 10 days prior to quarter-end through 20 days after quarter end.
	The Lennar Financial Services segment uses these facilities to finance its lending activities until the mortgage loans are sold to investors and expects the facilities to be renewed or replaced with other facilities when they mature. Borrowings under the facilities and their prior year predecessors were $223.1 million and $374.2 million at February 28, 2014 and November 30, 2013, respectively, and were collateralized by mortgage loans and receivables on loans sold to investors but not yet paid for with outstanding principal balances of $319.9 million and $452.5 million at February 28, 2014 and November 30, 2013, respectively. If the facilities are not renewed, the borrowings under the lines of credit will be paid off by selling the mortgage loans held-for-sale to investors and by collecting on receivables on loans sold but not yet paid. Without the facilities, the Lennar Financial Services segment would have to use cash from operations and other funding sources to finance its lending activities.
	The Lennar Financial Services segment sells substantially all of the loans it originates within a short period in the secondary mortgage market, the majority of which are sold on a servicing released, non-recourse basis. After the loans are sold, the Company retains potential liability for possible claims by purchasers that it breached certain limited industry-standard representations and warranties in the loan sale agreements. During recent years there has been an increased industry-wide effort by purchasers to defray their losses in an unfavorable economic environment by purporting to have found inaccuracies related to sellers’ representations and warranties in particular loan sale agreements. The Company’s mortgage operations have established reserves for possible losses associated with mortgage loans previously originated and sold to investors. The Company establishes reserves for such possible losses based upon, among other things, an analysis of repurchase requests received, an estimate of potential repurchase claims not yet received and actual past repurchases and losses through the disposition of affected loans, as well as previous settlements. While the Company believes that it has adequately reserved for known losses and projected repurchase requests, given the volatility in the mortgage industry and the uncertainty regarding the ultimate resolution of these claims, if either actual repurchases or the losses incurred resolving those repurchases exceed the Company’s expectations, additional recourse expense may be incurred. Loan origination liabilities are included in Lennar Financial Services’ liabilities in the condensed consolidated balance sheets. The activity in the Company’s loan origination liabilities was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Loan origination liabilities, beginning of period	$	9,311		7,250

Provision for losses during the period	293			413

Adjustments to pre-existing provisions for losses from changes in estimates	—			96

Payments/settlements	(19		)	(153	)
Loan origination liabilities, end of period	$	9,585		7,606

For Lennar Financial Services loans held-for-investment, net, a loan is deemed impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Interest income is not accrued or recognized on impaired loans unless payment is received. Impaired loans are written-off if and when the loan is no longer secured by collateral. The total unpaid principal balance of the impaired loans as of February 28, 2014 and November 30, 2013 was $7.5 million and $7.9 million, respectively. At February 28, 2014, the recorded investment in the impaired loans with a valuation allowance was $3.7 million, net of an allowance of $3.8 million. At November 30, 2013, the recorded investment in the impaired loans with a valuation allowance was $4.0 million, net of an allowance of $3.9 million. The average recorded investment in impaired loans totaled $3.9 million and $3.2 million for the three months ended February 28, 2014 and 2013, respectively.

Rialto_Investments_Segment

Rialto Investments Segment (Rialto Investments [Member])	3 Months Ended
	Feb. 28, 2014
Rialto Investments [Member]	'
Segment Reporting Information [Line Items]	'
Rialto Investments Segment	'
	Rialto Investments Segment
	The assets and liabilities related to the Rialto segment were as follows:


	(In thousands)	February 28,				November 30,
		2014				2013
	Assets:
	Cash and cash equivalents	$	169,404			201,496

	Restricted cash	18,489				2,593

	Receivables, net (1)	52,156				111,833

	Loans receivable, net	265,419				278,392

	Loans held-for-sale (2)	86,857				44,228

	Real estate owned - held-for-sale	186,234				197,851

	Real estate owned - held-and-used, net	405,675				428,989

	Investments in unconsolidated entities	164,759				154,573

	Investments held-to-maturity	16,359				16,070

	Other (3)	55,912				43,288

		$	1,421,264			1,479,313

	Liabilities:
	Notes and other debts payable (4)	$	421,758			441,883

	Other (5)	50,797				55,125

		$	472,555			497,008


	-1	Receivables, net primarily relate to loans sold but not settled as of February 28, 2014 and November 30, 2013, respectively.

	-2	Loans held-for-sale relate to unsold loans originated by RMF carried at fair value.

	-3	Other assets include credit default swaps carried at fair value of $1.6 million and $0.8 million as of February 28, 2014 and November 30, 2013, respectively.

	-4	Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both February 28, 2014 and November 30, 2013 and also include $57.8 million and $76.0 million as of February 28, 2014 and November 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.

	-5	Other liabilities include interest rate swaps and swap futures carried at fair value of $0.5 million as of February 28, 2014 and credit default swaps carried at fair value of $1.1 million and $0.3 million as of February 28, 2014 and November 30, 2013, respectively.
	Rialto’s operating earnings were as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014				2013
	Revenues	$	46,955			25,622

	Costs and expenses	47,576				31,771

	Rialto Investments equity in earnings from unconsolidated entities	5,354				6,173

	Rialto Investments other income (expense), net	(1,229		)		1,327

	Operating earnings (1)	$	3,504			1,351


-1	Operating earnings for the three months ended February 28, 2014 and 2013, include net earnings (loss) attributable to noncontrolling interests of $0.9 million and ($0.3) million, respectively.
The following is a detail of Rialto Investments other income (expense), net for the periods indicated:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Realized gains on REO sales, net	$	9,509			8,671

Unrealized gain (losses) on transfer of loans receivable to REO and impairments, net	(2,377		)		670

REO and other expenses	(31,172		)		(12,556	)
Rental and other income	22,811				4,542

Rialto Investments other income (expense), net	$	(1,229	)		1,327

Loans Receivable
In February 2010, the Rialto segment acquired indirectly 40% managing member equity interests in two limited liability companies (“LLCs”), in partnership with the FDIC, for approximately $243 million (net of transaction costs and a $22 million working capital reserve). The LLCs hold performing and non-performing loans formerly owned by 22 failed financial institutions and when the Rialto segment acquired its interests in the LLCs, the two portfolios consisted of approximately 5,500 distressed residential and commercial real estate loans (“FDIC Portfolios”). The FDIC retained 60% equity interests in the LLCs and provided $626.9 million of financing with 0% interest, which was non-recourse to the Company and the LLCs. In accordance with GAAP, interest was not imputed because the notes were with, and guaranteed by, a governmental agency. The notes were secured by the loans held by the LLCs. If the LLCs exceed expectations and meet certain internal rate of return and distribution thresholds, the Company’s equity interest in the LLCs could be reduced from 40% down to 30%, with a corresponding increase to the FDIC’s equity interest from 60% up to 70%. As of November 30, 2013, the notes payable had been fully paid and the remaining cash collected on the loans and REO properties, net of expenses and other items were being shared 60%/40% with the FDIC. During the three months ended February 28, 2014, $53.1 million was distributed by the LLCs, of which $31.9 million was paid to the FDIC and $21.2 million was paid to Rialto, the parent company.
The LLCs met the accounting definition of VIEs and since the Company was determined to be the primary beneficiary, the Company consolidated the LLCs. The Company was determined to be the primary beneficiary because it has the power to direct activities of the LLCs that most significantly impact the LLCs' performance through Rialto's management and servicer contracts. At February 28, 2014, these consolidated LLCs had total combined assets and liabilities of $676.5 million and $20.7 million, respectively. At November 30, 2013, these consolidated LLCs had total combined assets and liabilities of $727.1 million and $20.2 million, respectively.
In September 2010, the Rialto segment acquired approximately 400 distressed residential and commercial real estate loans (“Bank Portfolios”) and over 300 REO properties from three financial institutions. The Company paid $310 million for the distressed real estate and real estate related assets of which $124 million was financed through a 5-year senior unsecured note provided by one of the selling institutions. As of both February 28, 2014 and November 30, 2013, there was $90.9 million outstanding related to the 5-year senior unsecured note.
The following table displays the loans receivable by aggregate collateral type:


(In thousands)	February 28,				November 30,
	2014				2013
Land	$	158,013			166,950

Single family homes	55,274				59,647

Commercial properties	39,103				38,060

Other	13,029				13,735

Loans receivable, net	$	265,419			278,392

With regard to loans accounted for under ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, (“ASC 310-30”), the Rialto segment estimated the cash flows, at acquisition, it expected to collect on the FDIC Portfolios and Bank Portfolios. In accordance with ASC 310-30, the difference between the contractually required payments and the cash flows expected to be collected at acquisition is referred to as the nonaccretable difference. This difference is neither accreted into income nor recorded on the Company’s condensed consolidated balance sheets. The excess of cash flows expected to be collected over the cost of the loans acquired is referred to as the accretable yield and is recognized in interest income over the remaining life of the loans using the effective yield method.
The Rialto segment periodically evaluates its estimate of cash flows expected to be collected on its FDIC Portfolios and Bank Portfolios. These evaluations require the continued use of key assumptions and estimates, similar to those used in the initial estimate of fair value of the loans to allocate purchase price. Subsequent changes in the estimated cash flows expected to be collected may result in changes in the accretable yield and nonaccretable difference or reclassifications from nonaccretable yield to accretable yield. Increases in the cash flows expected to be collected will generally result in an increase in interest income over the remaining life of the loan or pool of loans. Decreases in expected cash flows due to further credit deterioration will generally result in an impairment charge recognized as a provision for loan losses, resulting in an increase to the allowance for loan losses but can be reversed if conditions improve.
The outstanding balance and carrying value of loans accounted for under ASC 310-30 were as follows:


(In thousands)	February 28,				November 30,
	2014				2013
Outstanding principal balance	$	550,701			586,901

Carrying value	$	259,567			270,075

The activity in the accretable yield for the FDIC Portfolios and Bank Portfolios during the three months ended February 28, 2014 and 2013 was as follows:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Accretable yield, beginning of period	$	73,144			112,899

Additions	1,352				18,949

Deletions	(8,704		)		(19,915	)
Accretions	(9,795		)		(13,845	)
Accretable yield, end of period	$	55,997			98,088

Additions primarily represent reclasses from nonaccretable yield to accretable yield on the portfolios. Deletions represent loan impairments, net of recoveries, and disposal of loans, which includes foreclosure of underlying collateral and result in the removal of the loans from the accretable yield portfolios.
When forecasted principal and interest cannot be reasonably estimated at the loan acquisition date, management classifies the loan as nonaccrual and accounts for these assets in accordance with ASC 310-10, Receivables (“ASC 310-10”). When a loan is classified as nonaccrual, any subsequent cash receipt is accounted for using the cost recovery method. In accordance with ASC 310-10, a loan is considered impaired when based on current information and events it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected. Although these loans met the definition of ASC 310-10, these loans were not considered impaired relative to the Company’s recorded investment at the time of acquisition since they were acquired at a substantial discount to their unpaid principal balance. A provision for loan losses is recognized when the recorded investment in the loan is in excess of its fair value. The fair value of the loan is determined by using either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral less estimated costs to sell.
The following tables represent nonaccrual loans in the FDIC Portfolios and Bank Portfolios accounted for under ASC 310-10 aggregated by collateral type:
February 28, 2014


					Recorded Investment
(In thousands)	Unpaid				With		Without	Total Recorded
	Principal Balance				Allowance		Allowance	Investment
Land	$	5,201			—		2,136	2,136

Single family homes	9,950				502		2,627	3,129

Commercial properties	1,500				587		—	587

Loans receivable	$	16,651			1,089		4,763	5,852

November 30, 2013


					Recorded Investment
(In thousands)	Unpaid				With		Without	Total Recorded
	Principal Balance				Allowance		Allowance	Investment
Land	$	6,791			249		2,304	2,553

Single family homes	15,125				519		4,119	4,638

Commercial properties	3,400				498		628	1,126

Loans receivable	$	25,316			1,266		7,051	8,317

The average recorded investment in impaired loans totaled approximately $7 million and $37 million for the three months ended February 28, 2014 and 2013, respectively.
The loans receivable portfolios consist of loans acquired at a discount. Based on the nature of these loans, the portfolios are managed by assessing the risks related to the likelihood of collection of payments from borrowers and guarantors, as well as monitoring the value of the underlying collateral. The following are the risk categories for the loans receivable portfolios:
Accrual — Loans in which forecasted cash flows under the loan agreement, as it might be modified from time to time, can be reasonably estimated at the date of acquisition. The risk associated with loans in this category relates to the possible default by the borrower with respect to principal and interest payments and the possible decline in value of the underlying collateral and thus, both could cause a decline in the forecasted cash flows used to determine accretable yield income and the recognition of an impairment through an allowance for loan losses but can be reversed if conditions improve. The activity in the Company's allowance rollforward related to accrual loans was as follows:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Allowance on accrual loans, beginning of period	$	18,952			12,178

Provision for loan losses, net of recoveries	6,637				6,077

Charge-offs	(667		)		(1,404	)
Allowance on accrual loans, end of period	$	24,922			16,851

Nonaccrual — Loans in which forecasted principal and interest could not be reasonably estimated at the date of acquisition. The risk of nonaccrual loans relates to a decline in the value of the collateral securing the outstanding obligation and the recognition of an impairment through an allowance for loan losses if the recorded investment in the loan exceeds the fair value of the collateral less estimated cost to sell. The activity in the Company's allowance rollforward related to nonaccrual loans was as follows:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Allowance on nonaccrual loans, beginning of period	$	1,213			3,722

Provision for loan losses	79				1,013

Charge-offs	(868		)		(3,025	)
Allowance on nonaccrual loans, end of period	$	424			1,710

Accrual and nonaccrual loans receivable by risk categories were as follows:
February 28, 2014


(In thousands)	Accrual				Nonaccrual		Total
Land	$	155,877			2,136		158,013

Single family homes	52,145				3,129		55,274

Commercial properties	38,516				587		39,103

Other	13,029				—		13,029

Loans receivable	$	259,567			5,852		265,419

November 30, 2013


(In thousands)	Accrual				Nonaccrual		Total
Land	$	164,397			2,553		166,950

Single family homes	55,009				4,638		59,647

Commercial properties	36,934				1,126		38,060

Other	13,735				—		13,735

Loans receivable	$	270,075			8,317		278,392

In order to assess the risk associated with each risk category, the Rialto segment evaluates the forecasted cash flows and the value of the underlying collateral securing loans receivable on a quarterly basis or when an event occurs that suggests a decline in the collateral’s fair value.
Real Estate Owned
The acquisition of properties acquired through, or in lieu of, loan foreclosure are reported within the condensed consolidated balance sheets as REO held-and-used, net and REO held-for-sale. When a property is determined to be held-and-used, net, the asset is recorded at fair value and depreciated over its useful life using the straight line method. When certain criteria set forth in ASC 360, Property, Plant and Equipment, are met, the property is classified as held-for-sale. When a real estate asset is classified as held-for-sale, the property is recorded at the lower of its cost basis or fair value less estimated costs to sell. The fair value of REO held-for-sale are determined in part by placing reliance on third party appraisals of the properties and/or internally prepared analyses of recent offers or prices on comparable properties in the proximate vicinity.
The following tables represent the activity in REO:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
REO - held-for-sale, beginning of period	$	197,851			134,161

Additions	—				594

Improvements	1,593				1,016

Sales	(41,233		)		(25,780	)
Impairments and unrealized losses	(1,791		)		(699	)
Transfers from held-and-used, net (1)	29,814				69,386

REO - held-for-sale, end of period	$	186,234			178,678



	Three Months Ended
	February 28,
(In thousands)	2014				2013
REO - held-and-used, net, beginning of period	$	428,989			601,022

Additions	8,034				16,192

Improvements	763				700

Impairments	(904		)		(96	)
Depreciation	(1,393		)		(1,159	)
Transfers to held-for-sale (1)	(29,814		)		(69,386	)
REO - held-and-used, net, end of period	$	405,675			547,273


-1	During the three months ended February 28, 2014 and 2013, the Rialto segment transferred certain properties from REO held-and-used, net to REO held-for-sale as a result of changes in the disposition strategy of the real estate assets.
For the three months ended February 28, 2014 and 2013, the Company recorded $9.5 million and $8.7 million, respectively, of net gains from sales of REO. For the three months ended February 28, 2014 and 2013, the Company recorded net gains (losses) of ($0.1) million and $1.5 million, respectively, from acquisitions of REO through foreclosure. These net gains (losses) are recorded in Rialto Investments other income (expense), net.
Rialto Mortgage Finance
In July 2013, RMF was formed to originate and sell into securitizations five, seven and ten year commercial first mortgage loans, generally with principal amounts between $2 million and $75 million, which are secured by income producing properties. During the three months ended February 28, 2014, RMF originated loans with a total principal balance of $295.5 million and sold $253.0 million of these loans into two separate securitizations. An additional $52.2 million of these originated loans were sold but not settled into a securitization trust as of February 28, 2014, and thus were included in receivables, net. As of February 28, 2014 and November 30, 2013, RMF had two warehouse repurchase financing agreements that mature in fiscal year 2015 totaling $500 million to help finance the loans it makes. Borrowings under these facilities were $57.8 million and $76.0 million as of February 28, 2014 and November 30, 2013, respectively.
In November 2013, the Rialto segment issued $250 million aggregate principal amount of the 7.00% senior notes due 2018 ("7.00% Senior Notes"), at a price of 100% in a private placement. Proceeds from the offering, after payment of expenses, were approximately $245 million. Rialto used a majority of the net proceeds of the sale of the 7.00% Senior Notes as working capital for RMF and used $100 million to repay sums that had been advanced to RMF from Lennar to enable it to begin originating and securitizing commercial mortgage loans. Interest on the 7.00% Senior Notes is due semi-annually beginning June 1, 2014. At both February 28, 2014 and November 30, 2013, the carrying amount of the 7.00% Senior Notes was $250 million. Under the indenture, Rialto is subject to certain covenants limiting, among other things, Rialto’s ability to incur indebtedness, to make investments, to make distributions to, or enter into transactions with, Lennar or to create liens, subject to certain exceptions and qualifications. Rialto also has quarterly and annual reporting requirements, similar to an SEC registrant, to holders of the 7.00% Senior Notes. The Company believes it was in compliance with its debt covenants at February 28, 2014.
Subsequent to the first quarter of 2014, the Rialto segment issued an additional $100 million of the 7.00% Senior Notes, at a price of 102.25% of their face value in a private offering with no registration rights. Proceeds from the offering, after payment of expenses, were approximately $102 million. Rialto intends to use the net proceeds of the offering to provide additional working capital for RMF, and to make investments in the funds that Rialto manages, as well as for general corporate purposes.
Investments
All of Rialto's investments in funds have the attributes of an investment company in accordance with ASC 946, Financial Services – Investment Companies, as amended by ASU 2013-08, Financial Services - Investment Companies (Topic 946): Amendments to the Scope, Measurement, and Disclosure Requirements, the attributes of which are different from the attributes that would cause a company to be an investment company for purposes of the Investment Company Act of 1940. As a result, the Company's investments' assets and liabilities are recorded at fair value with increases/decreases in fair value recorded in their respective statements of operations, the Company’s share of which are recorded in the Rialto Investments equity in earnings from unconsolidated entities financial statement line item.
In 2010, the Rialto segment invested in approximately $43 million of non-investment grade commercial mortgage-backed securities (“CMBS”) for $19.4 million, representing a 55% discount to par value. These securities bear interest at a coupon rate of 4% and have a stated and assumed final distribution date of November 2020 and a stated maturity date of October 2057. The Rialto segment reviews changes in estimated cash flows periodically, to determine if other-than-temporary impairment has occurred on its investment securities. Based on the Rialto segment’s assessment, no impairment charges were recorded during both the three months ended February 28, 2014 and 2013. The carrying value of the investment securities at February 28, 2014 and November 30, 2013, was $16.4 million and $16.1 million, respectively. The Rialto segment classified these securities as held-to-maturity based on its intent and ability to hold the securities until maturity.
A subsidiary in the Rialto segment had an approximately 5% investment in a financial services company (the “Servicer Provider”) that has a business segment that provides service and infrastructure to the residential home loan market, which provides loan servicing support for all of the Company's owned and managed portfolios and asset management services for Rialto's small balance loan program. As of November 30, 2013, the carrying value of the Company’s investment in the Servicer Provider was $8.3 million. In January 2014, Rialto acquired 100% of the loan servicing business segment of the Servicer Provider in exchange for its 5% investment interest. At acquisition date, the provisional fair value of the assets acquired were $20.8 million, the provisional goodwill recorded was $5.1 million and the provisional fair value of the liabilities assumed were $17.6 million.
The Rialto Real Estate Investment Fund, LP ("Fund I") had equity commitments and contributions of $700 million (including $75 million by the Company). All capital commitments have been called and funded, and Fund I is closed to additional commitments. During the three months ended February 28, 2014 and 2013, the Company received distributions of $3.2 million and $7.7 million, respectively, as a return of capital from Fund I. As of February 28, 2014 and November 30, 2013, the carrying value of the Company’s investment in Fund I was $77.6 million and $75.7 million, respectively. For the three months ended February 28, 2014 and 2013, the Company’s share of earnings from Fund I was $5.1 million and $6.4 million, respectively.
In December 2012, the Rialto segment completed the first closing of the Real Estate Fund II, LP ("Fund II"), which included $100 million committed by the Company. Fund II's objective during its three-year investment period is to invest in distressed real estate assets and other related investments that fit Fund II's investment parameters. As of February 28, 2014, Fund II was closed to additional commitments with equity commitments of $1.3 billion, including $100 million by the Company. As of February 28, 2014, $660 million of the $1.3 billion in equity commitments had been called, of which, the Company contributed its portion of $50.6 million. During the three months ended February 28, 2014, $148.6 million in equity commitments was called, none of which was called from the Company due to new investors coming in to Fund II. During the three months ended February 28, 2014, the Company received distributions of $2.0 million as a return of capital from Fund II. As of February 28, 2014 and November 30, 2013, the carrying value of the Company's investment in Fund II was $51.2 million and $53.1 million, respectively.
In 2013, the Rialto segment started raising capital and investing in mezzanine commercial loans creating the Rialto Mezzanine Partners Fund (the “Mezzanine Fund”) with a target of raising $300 million in capital to invest in performing mezzanine commercial loans. These loans have expected durations of one to two years and are secured by equity interests in the borrowing entity owning the real estate. As of February 28, 2014, the Mezzanine Fund had total equity commitments and capital invested of $82 million, including $25 million committed and invested by the Company, of which $8.6 million was contributed by the Company during three months ended February 28, 2014. As of February 28, 2014 and November 30, 2013, the carrying value of the Company's investment in the Mezzanine Fund was $25.6 million and $16.7 million, respectively. For the three months ended February 28, 2014, the Company's share of earnings from the Mezzanine Fund was $0.3 million.
In 2014, the Rialto segment formed the Rialto Capital CMBS Fund, LP (the "CMBS Fund"). The general purpose of the CMBS Fund is to acquire, own and/or dispose of securities whose value and income payments are derived from and collateralized by a specific pool of underlying assets, which are CMBS. As of February 28, 2014, the CMBS Fund had total invested capital of $14.7 million, including $9.7 million contributed by the Company during the three months ended February 28, 2014. As of February 28, 2014, the carrying value of the Company's investment in the CMBS Fund was $9.7 million.
Summarized condensed financial information on a combined 100% basis related to Rialto’s investments in unconsolidated entities that are accounted for by the equity method was as follows:
Balance Sheets


(In thousands)	February 28,				November 30,
	2014				2013
Assets:
Cash and cash equivalents	$	234,811			332,968

Loans receivable	585,271				523,249

Real estate owned	321,928				285,565

Investment securities	436,234				149,350

Investments in partnerships	238,935				381,555

Other assets	28,415				191,624

	$	1,845,594			1,864,311

Liabilities and equity:
Accounts payable and other liabilities	$	30,725			108,514

Notes payable	317,306				398,445

Partner loans	—				163,940

Equity	1,497,563				1,193,412

	$	1,845,594			1,864,311

Statements of Operations


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Revenues	$	31,427			53,343

Costs and expenses	26,109				59,114

Other income, net (1)	48,170				56,001

Net earnings of unconsolidated entities	$	53,488			50,230

Rialto Investments equity in earnings from unconsolidated entities	$	5,354			6,173


-1	Other income, net, for the three months ended February 28, 2014 and 2013 includes Fund I and Fund II's realized and unrealized gains on investments as well as other income from REO.

Lennar_Multifamily_Segment

Lennar Multifamily Segment (Lennar Multifamily [Member])	3 Months Ended
	Feb. 28, 2014
Lennar Multifamily [Member]	'
Segment Reporting Information [Line Items]	'
Segment Disclosures Including Unconsolidated Entity Information	'
	Lennar Multifamily Segment
	The assets and liabilities related to the Lennar Multifamily segment were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	2,496		519

	Land under development	62,145			88,260

	Consolidated inventory not owned	5,000			10,500

	Investments in unconsolidated entities	63,876			46,301

	Other assets (1)	26,163			1,509

		$	159,680		147,089

	Liabilities:
	Accounts payable and other liabilities	$	19,965		17,518

	Notes payable	1,960			13,858

	Liabilities related to consolidated inventory not owned	4,200			10,150

		$	26,125		41,526


	-1	As of February 28, 2014, other assets include $22.8 million of operating properties related to a consolidated VIE.
	Since 2012, the Company has become actively involved, primarily through unconsolidated entities, in the development of multifamily rental properties. The Lennar Multifamily segment focuses on developing a geographically diversified portfolio of institutional quality multifamily rental properties in select U.S. markets.
	Lennar Multifamily segment's unconsolidated entities in which the Company has investments usually finance their activities with a combination of partner equity and debt financing. In connection with many of the loans to Lennar Multifamily unconsolidated entities, the Company (or entities related to them) have been required to give guarantees of completion and cost over-runs to the lenders and partners. Those completion guarantees may require that the guarantors complete the construction of the improvements for which the financing was obtained. If the construction is to be done in phases, the guarantee generally is limited to completing only the phases as to which construction has already commenced and for which loan proceeds were used. Additionally, the Company guarantees the construction costs of the project. All construction cost over-runs would be paid by the Company. As of February 28, 2014, the fair value of the completion guarantees is immaterial. As of February 28, 2014 and November 30, 2013, Lennar Multifamily segment's unconsolidated entities had non-recourse debt with completion guarantees of $75.9 million and $51.6 million, respectively.
	Summarized condensed financial information on a combined 100% basis related to Lennar Multifamily's investments in unconsolidated entities that are accounted for by the equity method was as follows:
	Balance Sheets


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	5,701		5,800

	Operating properties and equipment	336,857			236,528

	Other assets	7,127			3,460

		$	349,685		245,788

	Liabilities and equity:
	Accounts payable and other liabilities	$	31,388		11,147

	Notes payable	75,889			51,604

	Equity	242,408			183,037

		$	349,685		245,788

	Statements of Operations


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues	$	—		—

Costs and expenses	143			15

Net loss of unconsolidated entities	$	(143	)	(15	)
Lennar Multifamily equity in loss from unconsolidated entities	$	(75	)	(3	)

Lennar_Homebuilding_Cash_And_C

Lennar Homebuilding Cash And Cash Equivalents	3 Months Ended
Lennar Homebuilding Cash And Cash Equivalents	Feb. 28, 2014
Cash and Cash Equivalents [Abstract]	'
Lennar Homebuilding Cash And Cash Equivalents	'
	Lennar Homebuilding Cash and Cash Equivalents
	Cash and cash equivalents as of February 28, 2014 and November 30, 2013 included $194.9 million and $172.3 million, respectively, of cash held in escrow for approximately three days.

Lennar_Homebuilding_Restricted

Lennar Homebuilding Restricted Cash	3 Months Ended
Lennar Homebuilding Restricted Cash	Feb. 28, 2014
Lennar Homebuilding Restricted Cash [Abstract]	'
Lennar Homebuilding Restricted Cash	'
	Lennar Homebuilding Restricted Cash
	Restricted cash consists of customer deposits on home sales held in restricted accounts until title transfers to the homebuyer, as required by the state and local governments in which the homes were sold, as well as funds on deposit to secure and support performance obligations.

Lennar_Homebuilding_Senior_Not

Lennar Homebuilding Senior Notes And Other Debts Payable	3 Months Ended
	Feb. 28, 2014
Debt Disclosure [Abstract]	'
Lennar Homebuilding Senior Notes And Other Debts Payable	'
	Lennar Homebuilding Senior Notes and Other Debts Payable


	(Dollars in thousands)	February 28,		November 30,
		2014		2013
	5.50% senior notes due 2014	$	249,640	249,640

	5.60% senior notes due 2015	500,400		500,527

	6.50% senior notes due 2016	249,904		249,886

	12.25% senior notes due 2017	395,780		395,312

	4.75% senior notes due 2017	399,250		399,250

	6.95% senior notes due 2018	248,323		248,167

	4.125% senior notes due 2018	274,995		274,995

	4.50% senior notes due 2019	500,500		—

	2.75% convertible senior notes due 2020	419,819		416,041

	3.25% convertible senior notes due 2021	400,000		400,000

	4.750% senior notes due 2022	571,012		571,012

	Mortgages notes on land and other debt	455,092		489,602

		$	4,664,715	4,194,432

	At February 28, 2014, the Company had a $950 million unsecured revolving credit facility (the "Credit Facility") with certain financial institutions that matures in June 2017, $150 million of letter of credit facilities with a financial institution and a $120 million letter of credit facility with a different financial institution. The proceeds available under the Credit Facility, which are subject to specified conditions for borrowing, may be used for working capital and general corporate purposes. The Credit Facility agreement also provides that up to $500 million in commitments may be used for letters of credit. The Company believes it was in compliance with its debt covenants at February 28, 2014.
	The Company’s performance letters of credit outstanding were $175.2 million and $160.6 million, respectively, at February 28, 2014 and November 30, 2013. The Company’s financial letters of credit outstanding were $232.2 million and $212.8 million, respectively, at February 28, 2014 and November 30, 2013. Performance letters of credit are generally posted with regulatory bodies to guarantee the Company’s performance of certain development and construction activities. Financial letters of credit are generally posted in lieu of cash deposits on option contracts, for insurance risks, credit enhancements and as other collateral. Additionally, at February 28, 2014, the Company had outstanding performance and surety bonds related to site improvements at various projects (including certain projects in the Company’s joint ventures) of $759.4 million. Although significant development and construction activities have been completed related to these site improvements, these bonds are generally not released until all development and construction activities are completed. As of February 28, 2014, there were approximately $341.9 million, or 45%, of anticipated future costs to complete related to these site improvements. The Company does not presently anticipate any draws upon these bonds or letters of credit, but if any such draws occur, the Company does not believe they would have a material effect on its financial position, results of operations or cash flows.
	In February 2014, the Company originally issued $400 million aggregate principal amount of 4.50% senior notes due 2019 (the "4.50% Senior Notes") at a price of 100%. The Company issued an additional $100 million aggregate principal amount of its 4.50% Senior Notes at a price of 100.5%. Proceeds from the offerings, after payment of expenses, were $496.6 million. The Company used the net proceeds from the sales of the 4.50% Senior Notes for working capital and general corporate purposes. Interest on the 4.50% Senior Notes is due semi-annually beginning June 15, 2014. The 4.50% Senior Notes are unsecured and unsubordinated, but are guaranteed by substantially all of the Company's 100% owned homebuilding subsidiaries. At February 28, 2014, the carrying amount of the 4.50% Senior Notes was $500.5 million.
	At both February 28, 2014 and November 30, 2013, the carrying and principal amount of the 3.25% convertible senior notes due 2021 (the "3.25% Convertible Senior Notes") was $400.0 million. The 3.25% Convertible Senior Notes are convertible into shares of Class A common stock at any time prior to maturity or redemption at the initial conversion rate of 42.5555 shares of Class A common stock per $1,000 principal amount of the 3.25% Convertible Senior Notes or 17,022,200 shares of Class A common stock if all the 3.25% Convertible Senior Notes are converted, which is equivalent to an initial conversion price of approximately $23.50 per share of Class A common stock, subject to anti-dilution adjustments. The shares are included in the calculation of diluted earnings per share. Holders of the 3.25% Convertible Senior Notes have the right to require the Company to repurchase them for cash equal to 100% of their principal amount, plus accrued but unpaid interest on November 15, 2016. The Company has the right to redeem the 3.25% Convertible Senior Notes at any time on or after November 20, 2016 for 100% of their principal amount, plus accrued but unpaid interest. The 3.25% Convertible Senior Notes are unsecured and unsubordinated, but are guaranteed by substantially all of the Company's 100% owned homebuilding subsidiaries.
	The 2.75% convertible senior notes due 2020 (the “2.75% Convertible Senior Notes”) are convertible into cash, shares of Class A common stock or a combination of both, at the Company’s election. However, it is the Company’s intent to settle the face value of the 2.75% Convertible Senior Notes in cash. Shares are included in the calculation of diluted earnings per share because even though it is the Company’s intent to settle the face value of the 2.75% Convertible Senior Notes in cash, the Company's volume weighted average stock price exceeded the conversion price. The Company’s volume weighted average stock price for the three months ended February 28, 2014 and 2013 was $38.78 and $39.54, respectively, which exceeded the conversion price, thus 8.6 million shares and 8.9 million shares, respectively, were included in the calculation of diluted earnings per share. Holders may convert the 2.75% Convertible Senior Notes at the initial conversion rate of 45.1794 shares of Class A common stock per $1,000 principal amount or 20,150,012 Class A common stock if all the 2.75% Convertible Senior Notes are converted, which is equivalent to an initial conversion price of approximately $22.13 per share of Class A common stock. Holders of the 2.75% Convertible Senior Notes have the right to require the Company to repurchase them for cash equal to 100% of their principal amount, plus accrued but unpaid interest, on December 15, 2015. The Company has the right to redeem the 2.75% Convertible Senior Notes at any time on or after December 20, 2015 for 100% of their principal amount, plus accrued but unpaid interest. The 2.75% Convertible Senior Notes are unsecured and unsubordinated, but are guaranteed by substantially all of the Company's 100% owned homebuilding subsidiaries.
	Certain provisions under ASC 470, Debt, require the issuer of certain convertible debt instruments that may be settled in cash on conversion to separately account for the liability and equity components of the instrument in a manner that reflects the issuer’s non-convertible debt borrowing rate. The Company has applied these provisions to its 2.75% Convertible Senior Notes. At both February 28, 2014 and November 30, 2013, the principal amount of the 2.75% Convertible Senior Notes was $446.0 million. At February 28, 2014 and November 30, 2013, the carrying amount of the equity component included in stockholders’ equity was $26.2 million and $30.0 million, respectively, and the net carrying amount of the 2.75% Convertible Senior Notes included in Lennar Homebuilding senior notes and other debts payable was $419.8 million and $416.0 million, respectively.
	Although the guarantees by substantially all of the Company's 100% owned homebuilding subsidiaries are full, unconditional and joint and several while they are in effect, (i) a subsidiary will cease to be a guarantor at any time when it is not directly or indirectly guaranteeing at least $75 million of debt of Lennar Corporation (the parent company), and (ii) a subsidiary will be released from its guarantee and any other obligations it may have regarding the senior notes if all or substantially all its assets, or all of its capital stock, are sold or otherwise disposed of.

Product_Warranty

Product Warranty	3 Months Ended
	Feb. 28, 2014
Product Warranties Disclosures [Abstract]	'
Product Warranty	'
	Product Warranty
	Warranty and similar reserves for homes are established at an amount estimated to be adequate to cover potential costs for materials and labor with regard to warranty-type claims expected to be incurred subsequent to the delivery of a home. Reserves are determined based on historical data and trends with respect to similar product types and geographical areas. The Company regularly monitors the warranty reserve and makes adjustments to its pre-existing warranties in order to reflect changes in trends and historical data as information becomes available. Warranty reserves are included in other liabilities in the accompanying condensed consolidated balance sheets. The activity in the Company’s warranty reserve was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Warranty reserve, beginning of period	$	102,580		84,188

	Warranties issued during the period	10,392			8,759

	Adjustments to pre-existing warranties from changes in estimates (1)	2,120			2,949

	Payments	(13,995		)	(10,688	)
	Warranty reserve, end of period	$	101,097		85,208


	-1	The adjustments to pre-existing warranties from changes in estimates during the three months ended February 28, 2014 and 2013 primarily relate to specific claims received in certain of our homebuilding communities.

ShareBased_Payment

Share-Based Payment	3 Months Ended
	Feb. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Share-Based Payment	'
	Share-Based Payments
	During both the three months ended February 28, 2014 and 2013, the Company did not grant any stock options or nonvested shares. Compensation expense related to the Company’s share-based payment awards was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014		2013
	Stock options	$	2	—

	Nonvested shares	8,739		6,486

	Total compensation expense for share-based awards	$	8,741	6,486

Financial_Instruments

Financial Instruments	3 Months Ended
Financial Instruments	Feb. 28, 2014
Fair Value Disclosures [Abstract]	'
Financial Instruments	'
	Financial Instruments
	The following table presents the carrying amounts and estimated fair values of financial instruments held by the Company at February 28, 2014 and November 30, 2013, using available market information and what the Company believes to be appropriate valuation methodologies. Considerable judgment is required in interpreting market data to develop the estimates of fair value. The use of different market assumptions and/or estimation methodologies might have a material effect on the estimated fair value amounts. The table excludes cash and cash equivalents, restricted cash, receivables, net and accounts payable, all of which had fair values approximating their carrying amounts due to the short maturities of these instruments.


				February 28, 2014						November 30, 2013
		Fair Value		Carrying				Fair		Carrying	Fair
	(In thousands)	Hierarchy		Amount				Value		Amount	Value
	ASSETS
	Rialto Investments:
	Loans receivable, net	Level 3		$	265,419			290,386		278,392	305,810
	Loans receivable, net	Level 3		$	265,419			290,386		278,392	305,810
	Investments held-to-maturity	Level 3		$	16,359			16,245		16,070	15,952
	Investments held-to-maturity	Level 3		$	16,359			16,245		16,070	15,952
	Lennar Financial Services:
	Loans held-for-investment, net	Level 3		$	26,362			26,057		26,356	26,095
	Loans held-for-investment, net	Level 3		$	26,362			26,057		26,356	26,095
	Investments held-to-maturity	Level 2		$	67,022			67,303		62,344	62,580
	Investments held-to-maturity	Level 2		$	67,022			67,303		62,344	62,580
	LIABILITIES
	Lennar Homebuilding senior notes and other debts payable	Level 2		$	4,664,715			5,723,026		4,194,432	4,971,500
	Lennar Homebuilding senior notes and other debts payable	Level 2		$	4,664,715			5,723,026		4,194,432	4,971,500
	Rialto Investments notes and other debts payable	Level 2		$	421,758			415,547		441,883	438,373
	Rialto Investments notes and other debts payable	Level 2		$	421,758			415,547		441,883	438,373
	Lennar Financial Services notes and other debts payable	Level 2		$	223,118			223,118		374,166	374,166
	Lennar Financial Services notes and other debts payable	Level 2		$	223,118			223,118		374,166	374,166
	Lennar Multifamily notes payable	Level 2		$	1,960			1,960		13,858	13,858
	Lennar Multifamily notes payable	Level 2		$	1,960			1,960		13,858	13,858
	The following methods and assumptions are used by the Company in estimating fair values:
	Lennar Homebuilding and Lennar Multifamily—For senior notes and other debts payable, the fair value of fixed-rate borrowings is based on quoted market prices and the fair value of variable-rate borrowings is based on expected future cash flows calculated using current market forward rates.
	Rialto Investments—The fair values for loans receivable, net is based on discounted cash flows, or the fair value of the collateral less estimated cost to sell. The fair value for investments held-to-maturity is based on discounted cash flows. For notes and other debts payable, the fair value is calculated based on discounted cash flows using the Company’s weighted average borrowing rate and for the warehouse repurchase financing agreements fair values approximate their carrying value due to their short maturities.
	Lennar Financial Services—The fair values above are based on quoted market prices, if available. The fair values for instruments that do not have quoted market prices are estimated by the Company on the basis of discounted cash flows or other financial information.
	Fair Value Measurements:
	GAAP provides a framework for measuring fair value, expands disclosures about fair value measurements and establishes a fair value hierarchy which prioritizes the inputs used in measuring fair value summarized as follows:
	Level 1: Fair value determined based on quoted prices in active markets for identical assets.
	Level 2: Fair value determined using significant other observable inputs.
	Level 3: Fair value determined using significant unobservable inputs.
	The Company’s financial instruments measured at fair value on a recurring basis are summarized below:


	Financial Instruments	Fair Value		Fair Value at				Fair Value at
		Hierarchy		February 28,				November 30,
				2014				2013
	(In thousands)
	Lennar Financial Services:
	Loans held-for-sale (1)	Level 2		$	314,771			414,231
	Loans held-for-sale (1)	Level 2		$	314,771			414,231
	Mortgage loan commitments	Level 2		$	10,130			7,335
	Mortgage loan commitments	Level 2		$	10,130			7,335
	Forward contracts	Level 2		$	(4,277	)		1,444
	Forward contracts	Level 2		$	(4,277	)		1,444
	Lennar Homebuilding:
	Investments available-for-sale	Level 3		$	59,880			40,032
	Investments available-for-sale	Level 3		$	59,880			40,032
	Rialto Investments Financial Assets:
	Loans held-for-sale (2)	Level 3		$	86,857			44,228
	Loans held-for-sale (2)	Level 3		$	86,857			44,228
	Credit default swaps	Level 2		$	1,588			788
	Credit default swaps	Level 2		$	1,588			788
	Rialto Investments Financial Liabilities:
	Interest rate swaps and swap futures	Level 1		$	(467	)		(31	)
	Credit default swaps	Level 2		$	(1,146	)		(318	)

	-1	The aggregate fair value of Lennar Financial Services loans held-for-sale of $314.8 million at February 28, 2014 exceeds their aggregate principal balance of $300.8 million by $14.0 million. The aggregate fair value of loans held-for-sale of $414.2 million at November 30, 2013 exceeds their aggregate principal balance of $399.0 million by $15.3 million.

-2	The aggregate fair value of Rialto Investments loans held-for-sale of $86.9 million at February 28, 2014 exceeds their aggregate principal balance of $86.4 million by $0.5 million. The aggregate fair value of loans held-for-sale of $44.2 million at November 30, 2013 exceeds their aggregate principal balance of $44.0 million by $0.2 million.
The estimated fair values of the Company’s financial instruments have been determined by using available market information and what the Company believes to be appropriate valuation methodologies. Considerable judgment is required in interpreting market data to develop the estimates of fair value. The use of different market assumptions and/or estimation methodologies might have a material effect on the estimated fair value amounts. The following methods and assumptions are used by the Company in estimating fair values:
Lennar Financial Services loans held-for-sale— Fair value is based on independent quoted market prices, where available, or the prices for other mortgage whole loans with similar characteristics. Management believes carrying loans held-for-sale at fair value improves financial reporting by mitigating volatility in reported earnings caused by measuring the fair value of the loans and the derivative instruments used to economically hedge them without having to apply complex hedge accounting provisions. In addition, the Company recognizes the fair value of its rights to service a mortgage loan as revenue upon entering into an interest rate lock loan commitment with a borrower. The fair value of these servicing rights is included in Lennar Financial Services’ loans held-for-sale as of February 28, 2014 and November 30, 2013. Fair value of servicing rights is determined based on actual sales of servicing rights on loans with similar characteristics.
Lennar Financial Services mortgage loan commitments— Fair value of commitments to originate loans is based upon the difference between the current value of similar loans and the price at which the Lennar Financial Services segment has committed to originate the loans. The fair value of commitments to sell loan contracts is the estimated amount that the Lennar Financial Services segment would receive or pay to terminate the commitments at the reporting date based on market prices for similar financial instruments. In addition, the Company recognizes the fair value of its rights to service a mortgage loan as revenue upon entering into an interest rate lock loan commitment with a borrower. The fair value of servicing rights is determined based on actual sales of servicing rights on loans with similar characteristics. The fair value of the mortgage loan commitments and related servicing rights is included in Lennar Financial Services’ other assets as of February 28, 2014 and November 30, 2013.
Lennar Financial Services forward contracts— Fair value is based on quoted market prices for similar financial instruments.
Lennar Homebuilding investments available-for-sale— The fair value of these investments is based on third party valuations and/or estimated by the Company on the basis of discounted cash flows.
Rialto Investments loans held-for-sale— The fair value of loans held-for-sale is calculated from model-based techniques that use discounted cash flow assumptions and the Company’s own estimates of CMBS spreads, market interest rate movements and the underlying loan credit quality. Loan values are calculated by allocating the change in value of an assumed CMBS capital structure to each loan. The value of an assumed CMBS capital structure is calculated, generally, by discounting the cash flows associated with each CMBS class at market interest rates and at the Company’s own estimate of CMBS spreads. The Company estimates CMBS spreads by observing the pricing of recent CMBS offerings, secondary CMBS markets, changes in the CMBX index, and general capital and commercial real estate market conditions. Considerations in estimating CMBS spreads include comparing the Company’s current loan portfolio with comparable CMBS offerings containing loans with similar duration, credit quality and collateral composition. These methods use unobservable inputs in estimating a discount rate that is used to assign a value to each loan. While the cash payments on the loans are contractual, the discount rate used and assumptions regarding the relative size of each class in the CMBS capital structure can significantly impact the valuation. Therefore, the estimates used could differ materially from the fair value determined when the loans are sold to a securitization trust.
Rialto Investments interest rate swaps and swap futures— The fair value of interest rate swaps and swap futures (derivatives) is based on quoted market prices for identical investments traded in active markets.
Rialto Investments credit default swaps— The fair value of credit default swaps (derivatives) is based on quoted market prices for similar investments traded in active markets.
Gains (losses) of Lennar Financial Services financial instruments measured at fair value from initial measurement and subsequent changes in fair value are recognized in the Lennar Financial Services segment’s operating earnings. Gains (losses) of Rialto financial instruments measured at fair value are recognized in the Rialto segment's operating earnings. Gains (losses) related to the Lennar Homebuilding investments available-for-sale during the three months ended February 28, 2014 and 2013 were deferred as a result of the Company's continuing involvement in the underlying real estate collateral. There were no gains (losses) recognized for the Lennar Homebuilding investments available-for-sale during the three months ended February 28, 2014 and 2013. The changes in fair values that are included in operating earnings are shown, by financial instrument and financial statement line item below:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Changes in fair value included in Lennar Financial Services revenues:
Loans held-for-sale	$	(1,240	)		(10,780	)
Mortgage loan commitments	$	2,794			(705	)
Mortgage loan commitments	$	2,794			(705	)
Forward contracts	$	(5,721	)		442
Forward contracts	$	(5,721	)		442
Changes in fair value included in Rialto Investments revenues:
Financial Assets:
Loans held-for-sale	$	553			—
Loans held-for-sale	$	553			—
Credit default swaps	$	800			—
Credit default swaps	$	800			—
Financial Liabilities:
Interest rate swaps and swap futures	$	(436	)		—
Interest rate swaps and swap futures	$	(436	)		—
Credit default swaps	$	(828	)		—
Credit default swaps	$	(828	)		—
Interest income on Lennar Financial Services loans held-for-sale and Rialto Investments loans held-for-sale measured at fair value is calculated based on the interest rate of the loan and recorded as revenues in the Lennar Financial Services’ statement of operations and Rialto Investments' statement of operations, respectively.
The Lennar Financial Services segment uses mandatory mortgage-backed securities (“MBS”) forward commitments, option contracts and investor commitments to hedge its mortgage-related interest rate exposure. These instruments involve, to varying degrees, elements of credit and interest rate risk. Credit risk associated with MBS forward commitments, option contracts and loan sales transactions is managed by limiting the Company’s counterparties to investment banks, federally regulated bank affiliates and other investors meeting the Company’s credit standards. The segment’s risk, in the event of default by the purchaser, is the difference between the contract price and fair value of the MBS forward commitments and option contracts. At February 28, 2014, the segment had open commitments amounting to $535.0 million to sell MBS with varying settlement dates through May 2014.
The following table represents a reconciliation of the beginning and ending balance for the Lennar Homebuilding Level 3 recurring fair value measurements (investments available-for-sale) included in the Lennar Homebuilding segment’s other assets:


	Three Months Ended
	February 28,
(In thousands)	2014				2013
Investments available-for-sale, beginning of period	$	40,032			19,591
Investments available-for-sale, beginning of period	$	40,032			19,591
Purchases and other (1)	15,994				12,227
Purchases and other (1)	15,994				12,227
Changes in fair value (2)	4,928				—
Changes in fair value (2)	4,928				—
Settlements (3)	(1,074		)		—
Settlements (3)	(1,074		)		—
Investments available-for-sale, end of period	$	59,880			31,818
Investments available-for-sale, end of period	$	59,880			31,818

-1	Represents investments in community development district bonds that mature at various dates between 2037 and 2039.

-2	Amount represents changes in fair value during the three months ended February 28, 2014. The changes in fair value were not included in other comprehensive income because the changes in fair value were deferred as a result of the Company's continuing involvement in the underlying real estate collateral.

-3	The investments available-for-sale that were settled during the three months ended February 28, 2014 related to investments in community development district bonds, which were in default by the borrower and regarding which the Company redeemed the bonds.
The following table represents a reconciliation of the beginning and ending balance for Rialto Investments Level 3 recurring fair value measurements (loans held-for-sale):


	Three Months Ended
	February 28,
(In thousands)	2014
Rialto Investments loans held-for-sale, beginning of period	$	44,228
Rialto Investments loans held-for-sale, beginning of period	$	44,228
Loan originations	295,508
Loan originations	295,508
Origination loans sold, including those not settled	(253,038		)
Interest and principal paydowns	(394		)
Changes in fair value	553
Changes in fair value	553
Rialto Investments loans held-for-sale, end of period	$	86,857
Rialto Investments loans held-for-sale, end of period	$	86,857
The Company’s assets measured at fair value on a nonrecurring basis are those assets for which the Company has recorded valuation adjustments and write-offs and Rialto Investments real estate owned assets. The fair values included in the tables below represent only those assets whose carrying value were adjusted to fair value during the respective periods disclosed. The assets measured at fair value on a nonrecurring basis are summarized below:


Non-financial assets	Fair Value		Fair Value				Total Losses (1)
	Hierarchy		Three Months Ended
			February 28,
			2014
(In thousands)
Lennar Homebuilding:
Land and land under development (2)	Level 3		$	6,143			(870	)
Land and land under development (2)	Level 3		$	6,143			(870	)
Rialto Investments:
REO - held-for-sale (3)	Level 3		$	23,960			(1,791	)
REO - held-for-sale (3)	Level 3		$	23,960			(1,791	)
REO - held-and-used, net (4)	Level 3		$	16,679			(586	)
REO - held-and-used, net (4)	Level 3		$	16,679			(586	)

-1	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2014.

-2	Land and land under development with an aggregate carrying value of $7.0 million were written down to their fair value of $6.1 million, resulting in valuation adjustments of $0.9 million, which were included in Lennar Homebuilding costs and expenses in the Company's statement of operations for the three months ended February 28, 2014.

-3	REO held-for-sale, assets are initially recorded at fair value less estimated costs to sell at the time of transfer. Upon transfer, the REO held-for-sale, had a carrying value of $6.4 million and a fair value of $6.0 million. The fair value of REO held-for-sale, is based upon the appraised value at the time of transfer or management’s best estimate. The losses upon transfer of REO held-for-sale, were $0.4 million. As part of management’s periodic valuations of its REO held-for-sale, during the three months ended February 28, 2014, REO held-for-sale, with an aggregate value of $19.3 million were written down to their fair value of $17.9 million, resulting in impairments of $1.4 million. These losses and impairments are included within Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2014.

-4	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $7.7 million and a fair value of $8.0 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-and-used, net, were $0.3 million. As part of management’s periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2014, REO held-and-used, net, with an aggregate value of $9.5 million were written down to their fair value of $8.6 million, resulting in impairments of $0.9 million. These gains and impairments are included within Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2014.


Non-financial assets	Fair Value		Fair Value				Total Gains (Losses) (1)
	Hierarchy		Three Months Ended
			February 28,
			2013
(In thousands)
Lennar Homebuilding:
Finished homes and construction in progress (2)	Level 3		$	2,941			(1,255	)
Finished homes and construction in progress (2)	Level 3		$	2,941			(1,255	)
Rialto Investments:
REO - held-for-sale (3)	Level 3		$	8,447			(271	)
REO - held-for-sale (3)	Level 3		$	8,447			(271	)
REO - held-and-used, net (4)	Level 3		$	18,211			941
REO - held-and-used, net (4)	Level 3		$	18,211			941

-1	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2013.

-2	Finished homes and construction in progress with an aggregate carrying value of $4.2 million were written down to their fair value of $2.9 million, resulting in valuation adjustments of $1.3 million, which were included in Lennar Homebuilding costs and expenses in the Company’s statement of operations for the three months ended February 28, 2013.

-3	REO held-for-sale assets are initially recorded at fair value less estimated costs to sell at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-for-sale had a carrying value of $0.2 million and a fair value of $0.6 million. The fair value of REO held-for-sale is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-for-sale were $0.4 million. As part of management's periodic valuations of its REO held-for-sale during the three months ended February 28, 2013, REO held-for-sale with an aggregate value of $8.5 million were written down to their fair value of $7.8 million, resulting in impairments of $0.7 million. These gains and impairments are included within Rialto Investments other income (expense), net in the Company's statement of operations for the three months ended February 28, 2013.

-4	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $15.2 million and a fair value of $16.2 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-and-used, net, were $1.0 million. As part of management's periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2013, REO held-and-used, net, with an aggregate value of $2.1 million were written down to their fair value of $2.0 million, resulting in impairments of $0.1 million. These gains and impairments are included within the Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2013.
Finished homes and construction in progress are included within inventories. Inventories are stated at cost unless the inventory within a community is determined to be impaired, in which case the impaired inventory is written down to fair value. Inventory costs include land, land development and home construction costs, real estate taxes, deposits on land purchase contracts and interest related to development and construction. Construction overhead and selling expenses are expensed as incurred. Homes held-for-sale are classified as inventories until delivered. Land, land development, amenities and other costs are accumulated by specific area and allocated to homes within the respective areas. The Company reviews its inventory for indicators of impairment by evaluating each community during each reporting period. The inventory within each community is categorized as finished homes and construction in progress or land under development based on the development state of the community. There were 546 and 482 active communities, excluding unconsolidated entities, as of February 28, 2014 and 2013, respectively. If the undiscounted cash flows expected to be generated by a community are less than its carrying amount, an impairment charge is recorded to write down the carrying amount of such community to its estimated fair value.
In conducting its review for indicators of impairment on a community level, the Company evaluates, among other things, the margins on homes that have been delivered, margins on homes under sales contracts in backlog, projected margins with regard to future home sales over the life of the community, projected margins with regard to future land sales and the estimated fair value of the land itself. The Company pays particular attention to communities in which inventory is moving at a slower than anticipated absorption pace and communities whose average sales price and/or margins are trending downward and are anticipated to continue to trend downward. From this review, the Company identifies communities whose carrying values exceed their undiscounted cash flows.
The Company estimates the fair value of its communities using a discounted cash flow model. The projected cash flows for each community are significantly impacted by estimates related to market supply and demand, product type by community, homesite sizes, sales pace, sales prices, sales incentives, construction costs, sales and marketing expenses, the local economy, competitive conditions, labor costs, costs of materials and other factors for that particular community. Every division evaluates the historical performance of each of its communities as well as current trends in the market and economy impacting the community and its surrounding areas. These trends are analyzed for each of the estimates listed above. For example, any increase and or decrease in construction costs in addition to change in product type in many communities has impacted future estimated cash flows.
Each of the homebuilding markets in which the Company operates is unique, as homebuilding has historically been a local business driven by local market conditions and demographics. Each of the Company’s homebuilding markets has specific supply and demand relationships reflective of local economic conditions. The Company’s projected cash flows are impacted by many assumptions. Some of the most critical assumptions in the Company’s cash flow model are projected absorption pace for home sales, sales prices and costs to build and deliver homes on a community by community basis.
In order to arrive at the assumed absorption pace for home sales included in the Company’s cash flow model, the Company analyzes its historical absorption pace in the community as well as other comparable communities in the geographical area. In addition, the Company considers internal and external market studies and trends, which generally include, but are not limited to, statistics on population demographics, unemployment rates and availability of competing product in the geographic area where the community is located. When analyzing the Company’s historical absorption pace for home sales and corresponding internal and external market studies, the Company places greater emphasis on more current metrics and trends such as the absorption pace realized in its most recent quarters as well as forecasted population demographics, unemployment rates and availability of competing product. Generally, if the Company notices a variation from historical results over a span of two fiscal quarters, the Company considers such variation to be the establishment of a trend and adjusts its historical information accordingly in order to develop assumptions on the projected absorption pace in the cash flow model for a community.
In order to determine the assumed sales prices included in its cash flow models, the Company analyzes the historical sales prices realized on homes it delivered in the community and other comparable communities in the geographical area as well as the sales prices included in its current backlog for such communities. In addition, the Company considers internal and external market studies and trends, which generally include, but are not limited to, statistics on sales prices in neighboring communities and sales prices on similar products in non-neighboring communities in the geographic area where the community is located. When analyzing its historical sales prices and corresponding market studies, the Company also places greater emphasis on more current metrics and trends such as future forecasted sales prices in neighboring communities as well as future forecasted sales prices for similar products in non-neighboring communities. Generally, if the Company notices a variation from historical results over a span of two fiscal quarters, the Company considers such variation to be the establishment of a trend and adjusts its historical information accordingly in order to develop assumptions on the projected sales prices in the cash flow model for a community.
In order to arrive at the Company’s assumed costs to build and deliver homes, the Company generally assumes a cost structure reflecting contracts currently in place with its vendors adjusted for any anticipated cost reduction initiatives or increases in cost structure. Costs assumed in the cash flow model for the Company’s communities are generally based on the rates the Company is currently obligated to pay under existing contracts with its vendors adjusted for any anticipated cost reduction initiatives or increases in cost structure.
Since the estimates and assumptions included in the Company’s cash flow models are based upon historical results and projected trends, the Company does not anticipate unexpected changes in market conditions or strategies that may lead the Company to incur additional impairment charges in the future.
Using all available information, the Company calculates its best estimate of projected cash flows for each community. While many of the estimates are calculated based on historical and projected trends, all estimates are subjective and change from market to market and community to community as market and economic conditions change. The determination of fair value also requires discounting the estimated cash flows at a rate the Company believes a market participant would determine to be commensurate with the inherent risks associated with the assets and related estimated cash flow streams. The discount rate used in determining each asset’s fair value depends on the community’s projected life and development stage. The Company generally uses a discount rate of approximately 20%, subject to the perceived risks associated with the community’s cash flow streams relative to its inventory.
The Company estimates the fair value of inventory evaluated for impairment based on market conditions and assumptions made by management at the time the inventory is evaluated, which may differ materially from actual results if market conditions or assumptions change. For example, further market deterioration or changes in assumptions may lead to the Company incurring additional impairment charges on previously impaired inventory, as well as on inventory not currently impaired but for which indicators of impairment may arise if further market deterioration occurs.
In the three months ended February 28, 2014, the Company reviewed its communities for potential indicators of impairments and identified 26 communities with 1,071 homesites and a corresponding carrying value of $89.3 million as having potential indicators of impairment. Of those communities identified, the Company recorded no impairments for the three months ended February 28, 2014.



REO represents real estate that the Rialto segment has taken control or has effective control of in partial or full satisfaction of loans receivable. At the time of acquisition of a property through foreclosure of a loan, REO is recorded at fair value less estimated costs to sell if classified as held-for-sale or at fair value if classified as held-and-used, which becomes the property’s new basis. The fair values of these assets are determined in part by placing reliance on third party appraisals of the properties and/or internally prepared analyses of recent offers or prices on comparable properties in the proximate vicinity. The third party appraisals and internally developed analyses are significantly impacted by the local market economy, market supply and demand, competitive conditions and prices on comparable properties, adjusted for date of sale, location, property size, and other factors. Each REO is unique and is analyzed in the context of the particular market where the property is located. In order to establish the significant assumptions for a particular REO, the Company analyzes historical trends, including trends achieved by our local homebuilding operations, if applicable, and current trends in the market and economy impacting the REO. Using available trend information, the Company then calculates its best estimate of fair value, which can include projected cash flows discounted at a rate the Company believes a market participant would determine to be commensurate with the inherent risks associated with the assets and related estimated cash flow streams. These methods use unobservable inputs to develop fair value for the Company’s REO. Due to the volume and variance of unobservable inputs, resulting from the uniqueness of each of the Company's REO, the Company does not use a standard range of unobservable inputs with respect to its evaluation of REO. However, for operating properties within REO, the Company may also use estimated cash flows multiplied by a capitalization rate to determine the fair value of the property. For the three months ended February 28, 2014, the capitalization rates used to estimate fair value ranged from 9% to 12% and varied based on the location of the asset, asset type and occupancy rates for the operating properties.
Changes in economic factors, consumer demand and market conditions, among other things, could materially impact estimates used in the third party appraisals and/or internally prepared analyses of recent offers or prices on comparable properties. Thus, estimates can differ significantly from the amounts ultimately realized by the Rialto segment from disposition of these assets. The amount by which the recorded investment in the loan is less than the REO’s fair value (net of estimated cost to sell if held-for-sale), is recorded as an unrealized gain on foreclosure in the Company’s statement of operations. The amount by which the recorded investment in the loan is greater than the REO’s fair value (net of estimated cost to sell if held-for-sale) is initially recorded as an impairment in the Company’s statement of operations.

Consolidation_Of_Variable_Inte

Consolidation Of Variable Interest Entities	3 Months Ended
	Feb. 28, 2014
Consolidation Of Variable Interest Entities [Abstract]	'
Consolidation of Variable Interest Entities	'
	Consolidation of Variable Interest Entities
	GAAP requires the consolidation of VIEs in which an enterprise has a controlling financial interest. A controlling financial interest will have both of the following characteristics: (a) the power to direct the activities of a VIE that most significantly impact the VIEs economic performance and (b) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE.
	The Company’s variable interest in VIEs may be in the form of (1) equity ownership, (2) contracts to purchase assets, (3) management and development agreements between the Company and a VIE, (4) loans provided by the Company to a VIE or other partner and/or (5) guarantees provided by members to banks and other third parties. The Company examines specific criteria and uses its judgment when determining if the Company is the primary beneficiary of a VIE. Factors considered in determining whether the Company is the primary beneficiary include risk and reward sharing, experience and financial condition of other partner(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE’s executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality, if any, between the Company and the other partner(s) and contracts to purchase assets from VIEs.
	Generally, all major decision making in the Company’s joint ventures is shared between all partners. In particular, business plans and budgets are generally required to be unanimously approved by all partners. Usually, management and other fees earned by the Company are nominal and believed to be at market and there is no significant economic disproportionality between the Company and other partners. Generally, the Company purchases less than a majority of the joint venture’s assets and the purchase prices under the Company’s option contracts are believed to be at market.
	Generally, Lennar Homebuilding unconsolidated entities become VIEs and consolidate when the other partner(s) lack the intent and financial wherewithal to remain in the entity. As a result, the Company continues to fund operations and debt paydowns through partner loans or substituted capital contributions.
	The Company evaluated the joint venture agreements of its joint ventures that were formed or that had reconsideration events during the three months ended February 28, 2014. Based on the Company's evaluation, it consolidated an entity within its Lennar Multifamily segment that had total combined assets of $22.9 million during the three months ended February 28, 2014. In addition, during the three months ended February 28, 2014, there were no VIEs that were deconsolidated.
	At February 28, 2014 and November 30, 2013, the Company’s recorded investments in Lennar Homebuilding unconsolidated entities were $689.7 million and $716.9 million, respectively, the Rialto segment’s investments in unconsolidated entities were $164.8 million and $154.6 million, respectively, and the Lennar Multifamily segment's investments in unconsolidated entities were $63.9 million and $46.3 million, respectively.
	Consolidated VIEs
	As of February 28, 2014, the carrying amounts of the VIEs’ assets and non-recourse liabilities that consolidated were $1.1 billion and $248.0 million, respectively. As of November 30, 2013, the carrying amounts of the VIEs’ assets and non-recourse liabilities that consolidated were $1.2 billion and $294.8 million, respectively. Those assets are owned by, and those liabilities are obligations of, the VIEs, not the Company.
	A VIE’s assets can only be used to settle obligations of that VIE. The VIEs are not guarantors of Company’s senior notes and other debts payable. In addition, the assets held by a VIE usually are collateral for that VIE’s debt. The Company and other partners do not generally have an obligation to make capital contributions to a VIE unless the Company and/or the other partner(s) have entered into debt guarantees with a VIE’s banks. Other than debt guarantee agreements with a VIE’s banks, there are no liquidity arrangements or agreements to fund capital or purchase assets that could require the Company to provide financial support to a VIE. While the Company has option contracts to purchase land from certain of its VIEs, the Company is not required to purchase the assets and could walk away from the contracts.
	Unconsolidated VIEs
	The Company’s recorded investment in unconsolidated VIEs and its estimated maximum exposure to loss were as follows:
	As of February 28, 2014


	(In thousands)	Investments in		Lennar’s
		Unconsolidated		Maximum
		VIEs		Exposure
				to Loss
	Lennar Homebuilding (1)	$	174,049	251,634

	Rialto Investments (2)	16,359		16,359

	Lennar Multifamily (3)	38,464		67,520

		$	228,872	335,513

	As of November 30, 2013


	(In thousands)	Investments in		Lennar’s
		Unconsolidated		Maximum
		VIEs		Exposure
				to Loss
	Lennar Homebuilding (1)	$	195,720	301,315

	Rialto Investments (2)	24,393		24,393

	Lennar Multifamily (3)	25,874		55,002

		$	245,987	380,710


	-1	At February 28, 2014, the maximum exposure to loss of Lennar Homebuilding’s investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs, except with regard to a $67.5 million remaining commitment to fund an unconsolidated entity for further expenses up until the unconsolidated entity obtains permanent financing and $9.9 million of recourse debt of one of the unconsolidated VIEs, which is included in the Company’s maximum exposure to loss related to Lennar Homebuilding unconsolidated entities. At November 30, 2013, the maximum exposure to loss of Lennar Homebuilding’s investments in unconsolidated VIEs was limited to its investment in the unconsolidated VIEs, except with regard to $90.5 million remaining commitment to fund an unconsolidated entity that was formed in 2013 for further expenses up until the unconsolidated entity obtains permanent financing and $15.0 million of recourse debt of one of the unconsolidated VIEs, which is included in the Company’s maximum exposure to loss related to Lennar Homebuilding unconsolidated entities.

	-2	At both February 28, 2014 and November 30, 2013, the maximum recourse exposure to loss of Rialto’s investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs. At February 28, 2014 and November 30, 2013, investments in unconsolidated VIEs and Lennar’s maximum exposure to loss include $16.4 million and $16.1 million, respectively, related to Rialto’s investments held-to-maturity.

	-3	At February 28, 2014, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.2 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon. At November 30, 2013, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.0 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon.
	While these entities are VIEs, the Company has determined that the power to direct the activities of the VIEs that most significantly impact the VIEs’ economic performance is generally shared. While the Company generally manages the day-to-day operations of the VIEs, each of these VIEs has an executive committee made up of representatives from each partner. The members of the executive committee have equal votes and major decisions require unanimous consent and approval from all members. The Company does not have the unilateral ability to exercise participating voting rights without partner consent. Furthermore, the Company’s economic interest is not significantly disproportionate to the point where it would indicate that the Company has the power to direct these activities.
	The Company and other partners do not generally have an obligation to make capital contributions to the VIEs, except for $9.9 million of recourse debt of one of the Lennar Homebuilding unconsolidated VIEs and $28.2 million of letters of credit outstanding for certain of Lennar Multifamily unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon. Except for the unconsolidated VIEs discussed above, the Company and the other partners did not guarantee any debt of the other unconsolidated VIEs. There are no liquidity arrangements or agreements to fund capital or purchase assets that could require the Company to provide financial support to the VIEs except with regard to a $67.5 million remaining commitment to fund an unconsolidated entity that was formed in 2013 for further expenses up until the unconsolidated entity obtains permanent financing. While the Company has option contracts to purchase land from certain of its unconsolidated VIEs, the Company is not required to purchase the assets and could walk away from the contracts.
	Option Contracts
	The Company has access to land through option contracts, which generally enables it to control portions of properties owned by third parties (including land funds) and unconsolidated entities until the Company has determined whether to exercise the option.
	A majority of the Company’s option contracts require a non-refundable cash deposit or irrevocable letter of credit based on a percentage of the purchase price of the land. The Company’s option contracts sometimes include price adjustment provisions, which adjust the purchase price of the land to its approximate fair value at the time of acquisition or are based on the fair value at the time of takedown.
	The Company’s investments in option contracts are recorded at cost unless those investments are determined to be impaired, in which case the Company’s investments are written down to fair value. The Company reviews option contracts for indicators of impairment during each reporting period. The most significant indicator of impairment is a decline in the fair value of the optioned property such that the purchase and development of the optioned property would no longer meet the Company’s targeted return on investment with appropriate consideration given to the length of time available to exercise the option. Such declines could be caused by a variety of factors including increased competition, decreases in demand or changes in local regulations that adversely impact the cost of development. Changes in any of these factors would cause the Company to re-evaluate the likelihood of exercising its land options.
	Some option contracts contain a predetermined take-down schedule for the optioned land parcels. However, in almost all instances, the Company is not required to purchase land in accordance with those take-down schedules. In substantially all instances, the Company has the right and ability to not exercise its option and forfeit its deposit without further penalty, other than termination of the option and loss of any unapplied portion of its deposit and pre-acquisition costs. Therefore, in substantially all instances, the Company does not consider the take-down price to be a firm contractual obligation.
	When the Company does not intend to exercise an option, it writes off any unapplied deposit and pre-acquisition costs associated with the option contract.
	The Company evaluates all option contracts for land to determine whether they are VIEs and, if so, whether the Company is the primary beneficiary of certain of these option contracts. Although the Company does not have legal title to the optioned land, if the Company is deemed to be the primary beneficiary or makes a significant deposit for optioned land, it may need to consolidate the land under option at the purchase price of the optioned land. During the three months ended February 28, 2014, the effect of take-downs and consolidation of option contracts was a net decrease of $63.0 million to consolidated inventory not owned with a corresponding decrease to liabilities related to consolidated inventory not owned in the accompanying condensed consolidated balance sheet as of February 28, 2014. The decrease was primarily due to the purchase of land that was the subject of a previously consolidated option contract, partially offset by the consolidation of a new option contract due to a significant nominal dollar deposit placed on the future purchase of homesites. To reflect the purchase price of the inventory consolidated, the Company had a net reclass related to option deposits from consolidated inventory not owned to land under development in the accompanying condensed consolidated balance sheet as of February 28, 2014. The liabilities related to consolidated inventory not owned primarily represent the difference between the option exercise prices for the optioned land and the Company’s cash deposits.
	The Company’s exposure to loss related to its option contracts with third parties and unconsolidated entities consisted of its non-refundable option deposits and pre-acquisition costs totaling $111.9 million and $129.2 million at February 28, 2014 and November 30, 2013, respectively. Additionally, the Company had posted $28.0 million and $29.9 million of letters of credit in lieu of cash deposits under certain option contracts as of February 28, 2014 and November 30, 2013, respectively.

New_Accounting_Pronouncements

New Accounting Pronouncements	3 Months Ended
New Accounting Pronouncements	Feb. 28, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements	'
	New Accounting Pronouncements
	In December 2011, the FASB issued ASU 2011-11, Disclosures about Offsetting Assets and Liabilities, (“ASU 2011-11”). which requires entities to disclose information about offsetting and related arrangements of financial instruments and derivative instruments. In January 2013, this guidance was amended by ASU 2013-01, Clarifying the Scope of Disclosures about Offsetting assets and Liabilities ("ASU 2013-01"). ASU 2013-01 limits the scope of ASU 2011-11 to certain derivatives, repurchase and reverse repurchase agreements, and securities borrowing and lending transactions. The guidance was effective for the Company's fiscal year beginning December 1, 2013 and subsequent interim periods. The adoption of this guidance, which is related to disclosure only, did not have a material effect on the Company’s condensed consolidated financial statements.
	In April 2013, the FASB issued ASU 2013-04, Liabilities, (“ASU 2013-04”). ASU 2013-04 provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date. ASU 2013-04 will be effective for the Company’s fiscal year beginning December 1, 2014 and subsequent interim periods. The adoption of ASU 2013-04 is not expected to have a material effect on the Company’s condensed consolidated financial statements.
	In July 2013, the FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a similar Tax Loss, or a Tax Credit Carryforward Exists, (“ASU 2013-11”). ASU 2013-13 is intended to end inconsistent practices regarding the presentation of a unrecognized tax benefits when a net operating loss ("NOL"), a similar tax loss or a tax credit carryforward is available to reduce the taxable income or tax payable that would result from the dis- allowance of a tax position. ASU 2013-11 will be effective for the Company’s fiscal year beginning December 1, 2014 and subsequent interim periods. The adoption of ASU 2013-11 is not expected to have a material effect on the Company’s condensed consolidated financial statements.

Supplemental_Financial_Informa

Supplemental Financial Information	3 Months Ended
	Feb. 28, 2014
Supplemental Financial Information [Abstract]	'
Supplemental Financial Information	'
	Supplemental Financial Information
	The indentures governing the Company’s 5.50% senior notes due 2014, 5.60% senior notes due 2015, 6.50% senior notes due 2016, 12.25% senior notes due 2017, 4.75% senior notes due 2017, 6.95% senior notes due 2018, 4.125% senior notes due 2018, 4.50% senior notes due 2019, 2.75% convertible senior notes due 2020, 3.25% convertible senior notes due 2021 and 4.750% senior notes due 2022 require that, if any of the Company’s 100% owned subsidiaries, other than its finance company subsidiaries and foreign subsidiaries, directly or indirectly guarantee at least $75 million principal amount of debt of Lennar Corporation, those subsidiaries must also guarantee Lennar Corporation’s obligations with regard to its senior notes. The entities referred to as “guarantors” in the following tables are subsidiaries that were guaranteeing the senior notes because at February 28, 2014, they were guaranteeing Lennar Corporation's $150 million of letter of credit facilities, a $120 million letter of credit facility and its Credit Facility. The guarantees are full, unconditional and joint and several and the guarantor subsidiaries are 100% directly or indirectly owned by Lennar Corporation. A subsidiary's guarantee will be suspended, and the subsidiary will cease to be a guarantor, at any time when it is not directly or indirectly guaranteeing at least $75 million of debt of Lennar Corporation, and a subsidiary will be released from its guarantee and any other obligations it may have regarding the senior notes if all or substantially all its assets, or all of its capital stock, are sold or otherwise disposed of.
	For purposes of the condensed consolidating statement of cash flows included in the following supplemental financial information, the Company's accounting policy is to treat cash received by Lennar Corporation ("the Parent") from its subsidiaries, to the extent of net earnings from such subsidiaries as a dividend and accordingly a return on investment within cash flows from operating activities. The cash outflows associated with the return on investment dividends received by the Parent are reflected by the Guarantor and Non-Guarantor subsidiaries in the Dividends line item within cash flows from financing activities. All other cash flows between the Parent and its subsidiaries represent the settlement of receivables and payables between such entities in conjunction with the Parent's centralized cash management arrangement with its subsidiaries, which operates with the characteristics of a revolving credit facility, and are accordingly reflected net in the Intercompany line item within cash flows from investing activities for the Parent and net in the Intercompany line item within cash flows from financing activities for the Guarantor and Non-Guarantor subsidiaries.
	Supplemental information for the subsidiaries that were guarantor subsidiaries at February 28, 2014 was as follows:

	Condensed Consolidating Balance Sheet
	February 28, 2014


	(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
		Corporation			Subsidiaries		Subsidiaries
	ASSETS
	Lennar Homebuilding:
	Cash and cash equivalents, restricted cash and	$	496,568		226,019		36,879		—			759,466
	receivables, net
	Inventories	—			7,053,564		93,772		—			7,147,336

	Investments in unconsolidated entities	—			676,167		13,582		—			689,749

	Other assets	127,536			492,481		85,424		5,655			711,096

	Investments in subsidiaries	4,245,887			276,396		—		(4,522,283	)		—

	Intercompany	3,864,430			—		—		(3,864,430	)		—

		8,734,421			8,724,627		229,657		(8,381,058	)		9,307,647

	Rialto Investments:
	Rialto Investments real estate owned - held-and-used, net	—			—		405,675		—			405,675

	Rialto Investments all other assets	—			—		1,015,589		—			1,015,589

	Lennar Financial Services	—			72,405		565,792		—			638,197

	Lennar Multifamily	—			136,741		22,939		—			159,680

	Total assets	$	8,734,421		8,933,773		2,239,652		(8,381,058	)		11,526,788

	LIABILITIES AND EQUITY
	Lennar Homebuilding:
	Accounts payable and other liabilities	$	264,640		623,476		61,403		—			949,519

	Liabilities related to consolidated inventory not owned	—			335,632		—		—			335,632

	Senior notes and other debts payable	4,209,623			364,922		90,170		—			4,664,715

	Intercompany	—			3,792,287		72,143		(3,864,430	)		—

		4,474,263			5,116,317		223,716		(3,864,430	)		5,949,866

	Rialto Investments	—			—		472,555		—			472,555

	Lennar Financial Services	—			24,368		347,062		5,655			377,085

	Lennar Multifamily	—			26,125		—		—			26,125

	Total liabilities	4,474,263			5,166,810		1,043,333		(3,858,775	)		6,825,631

	Stockholders’ equity	4,260,158			3,766,963		755,320		(4,522,283	)		4,260,158

	Noncontrolling interests	—			—		440,999		—			440,999

	Total equity	4,260,158			3,766,963		1,196,319		(4,522,283	)		4,701,157

Total liabilities and equity	$	8,734,421		8,933,773		2,239,652		(8,381,058	)		11,526,788

Condensed Consolidating Balance Sheet
November 30, 2013


(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
	Corporation			Subsidiaries		Subsidiaries
ASSETS
Lennar Homebuilding:
Cash and cash equivalents, restricted cash and	$	562,134		192,945		28,430		—			783,509
receivables, net
Inventories	—			6,507,172		93,876		—			6,601,048

Investments in unconsolidated entities	—			702,291		14,658		—			716,949

Other assets	116,657			539,264		86,773		5,935			748,629

Investments in subsidiaries	4,305,887			325,906		—		(4,631,793	)		—

Intercompany	3,191,611			—		—		(3,191,611	)		—

	8,176,289			8,267,578		223,737		(7,817,469	)		8,850,135

Rialto Investments:
Rialto Investments real estate owned - held-and-used, net	—			—		428,989		—			428,989

Rialto Investments all other assets	—			—		1,050,324		—			1,050,324

Lennar Financial Services	—			76,160		720,550		—			796,710

Lennar Multifamily	—			147,089		—		—			147,089

Total assets	$	8,176,289		8,490,827		2,423,600		(7,817,469	)		11,273,247

LIABILITIES AND EQUITY
Lennar Homebuilding:
Accounts payable and other liabilities	$	302,558		623,709		58,029		—			984,296

Liabilities related to consolidated inventory not owned	—			384,876		—		—			384,876

Senior notes and other debts payable	3,704,830			400,044		89,558		—			4,194,432

Intercompany	—			3,183,664		7,947		(3,191,611	)		—

	4,007,388			4,592,293		155,534		(3,191,611	)		5,563,604

Rialto Investments	—			—		497,008		—			497,008

Lennar Financial Services	—			30,045		507,659		5,935			543,639

Lennar Multifamily	—			41,526		—		—			41,526

Total liabilities	4,007,388			4,663,864		1,160,201		(3,185,676	)		6,645,777

Stockholders’ equity	4,168,901			3,826,963		804,830		(4,631,793	)		4,168,901

Noncontrolling interests	—			—		458,569		—			458,569

Total equity	4,168,901			3,826,963		1,263,399		(4,631,793	)		4,627,470

Total liabilities and equity	$	8,176,289		8,490,827		2,423,600		(7,817,469	)		11,273,247

Condensed Consolidating Statement of Operations
Three Months Ended February 28, 2014


(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
	Corporation			Subsidiaries		Subsidiaries
Revenues:
Lennar Homebuilding	$	—		1,231,385		—		—			1,231,385

Lennar Financial Services	—			30,869		51,424		(5,341	)		76,952

Rialto Investments	—			—		46,955		—			46,955

Lennar Multifamily	—			7,803		—		—			7,803

Total revenues	—			1,270,057		98,379		(5,341	)		1,363,095

Cost and expenses:
Lennar Homebuilding	—			1,067,352		(2,457	)	(540	)		1,064,355

Lennar Financial Services	—			34,695		42,420		(4,628	)		72,487

Rialto Investments	—			—		47,576		—			47,576

Lennar Multifamily	—			13,927		—		—			13,927

Corporate general and administrative	36,846			—		—		1,266			38,112

Total costs and expenses	36,846			1,115,974		87,539		(3,902	)		1,236,457

Lennar Homebuilding equity in earnings (loss) from	—			5,311		(321	)	—			4,990
unconsolidated entities
Lennar Homebuilding other income, net	—			2,879		—		10			2,889

Other interest expense	(1,429		)	(12,691	)	—		1,429			(12,691	)

Rialto Investments equity in earnings from	—			—		5,354		—			5,354
unconsolidated entities
Rialto Investments other expense, net	—			—		(1,229	)	—			(1,229	)

Lennar Multifamily equity in loss from	—			(75	)	—		—			(75	)
unconsolidated entities
Earnings (loss) before income taxes	(38,275		)	149,507		14,644		—			125,876

Benefit (provision) for income taxes	14,169			(55,360	)	(4,720	)	—			(45,911	)

Equity in earnings from subsidiaries	102,223			5,566		—		(107,789	)		—

Net earnings (including net earnings attributable to	78,117			99,713		9,924		(107,789	)		79,965
noncontrolling interests)
Less: Net earnings attributable to noncontrolling interests	—			—		1,848		—			1,848

Net earnings attributable to Lennar	$	78,117		99,713		8,076		(107,789	)		78,117

Condensed Consolidating Statement of Operations
Three Months Ended February 28, 2013


(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
	Corporation			Subsidiaries		Subsidiaries
Revenues:
Lennar Homebuilding	$	—		868,444		—		—			868,444

Lennar Financial Services	—			36,076		65,010		(5,206	)		95,880

Rialto Investments	—			—		25,622		—			25,622

Lennar Multifamily	—			297		—		—			297

Total revenues	—			904,817		90,632		(5,206	)		990,243

Cost and expenses:
Lennar Homebuilding	—			776,024		3,022		(372	)		778,674

Lennar Financial Services	—			37,018		47,656		(4,896	)		79,778

Rialto Investments	—			—		31,771		—			31,771

Lennar Multifamily	—			3,828		—		—			3,828

Corporate general and administrative	30,005			—		—		1,265			31,270

Total costs and expenses	30,005			816,870		82,449		(4,003	)		925,321

Lennar Homebuilding equity in earnings (loss) from	—			(1,487	)	623		—			(864	)
unconsolidated entities
Lennar Homebuilding other income, net	228			7,787		—		(218	)		7,797

Other interest expense	(1,421		)	(26,031	)	—		1,421			(26,031	)

Rialto Investments equity in earnings from	—			—		6,173		—			6,173
unconsolidated entities
Rialto Investments other income, net	—			—		1,327		—			1,327

Lennar Multifamily equity in loss from	—			(3	)	—		—			(3	)
unconsolidated entities
Earnings (loss) before income taxes	(31,198		)	68,213		16,306		—			53,321

Benefit (provision) for income taxes	7,402			2,950		(6,715	)	—			3,637

Equity in earnings from subsidiaries	81,288			8,388		—		(89,676	)		—

Net earnings (including net loss attributable to	57,492			79,551		9,591		(89,676	)		56,958
noncontrolling interests)
Less: Net loss attributable to noncontrolling interests	—			—		(534	)	—			(534	)

Net earnings attributable to Lennar	$	57,492		79,551		10,125		(89,676	)		57,492

Condensed Consolidating Statement of Cash Flows
Three Months Ended February 28, 2014


(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
	Corporation			Subsidiaries		Subsidiaries
Cash flows from operating activities:
Net earnings (including net earnings attributable to	$	78,117		99,713		9,924		(107,789	)		79,965
noncontrolling interests)
Distributions of earnings from guarantor and non-guarantor subsidiaries	102,223			5,566		—		(107,789	)		—

Other adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	(134,710		)	(568,041	)	120,390		107,789			(474,572	)

Net cash provided by (used in) operating activities	45,630			(462,762	)	130,314		(107,789	)		(394,607	)

Cash flows from investing activities:
Distributions of capital from Lennar Homebuilding unconsolidated entities, net of investments in and contributions to	—			28,767		733		—			29,500

Investments in and contributions to Rialto Investments	—			—		(13,124	)	—			(13,124	)
unconsolidated entities, net of distributions of
capital
Distributions of capital from Lennar Multifamily unconsolidated entities, net of investments in and contributions to	—			26,810		—		—			26,810

Receipts of principal payments on Rialto Investments	—			—		6,879		—			6,879
loans receivable
Proceeds from sales of Rialto Investments real	—			—		50,742		—			50,742
estate owned
Other	(157		)	(16,229	)	(9,151	)	—			(25,537	)

Distributions of capital from guarantor subsidiaries	60,000			—		—		(60,000	)		—

Intercompany	(672,239		)	—		—		672,239			—

Net cash provided by (used in) investing activities	(612,396		)	39,348		36,079		612,239			75,270

Cash flows from financing activities:
Net repayments under Lennar Financial Services debt	—			—		(151,048	)	—			(151,048	)

Net repayments under Rialto investments warehouse	—			—		(18,169	)	—			(18,169	)
repurchase facilities
Net proceeds from senior notes	496,600			—		(295	)	—			496,305

Principal repayments on Rialto Investments	—			—		(2,101	)	—			(2,101	)
notes payable
Net repayments on other borrowings	—			(72,097	)	(73	)	—			(72,170	)

Exercise of land option contracts from an	—			(1,540	)	—		—			(1,540	)
unconsolidated land investment venture
Net payments related to noncontrolling interests	—			—		(32,535	)	—			(32,535	)

Excess tax benefits from share-based awards	137			—		—		—			137

Common stock:
Issuances	12,420			—		—		—			12,420

Dividends	(8,169		)	(99,713	)	(68,076	)	167,789			(8,169	)

Intercompany	—			609,943		62,296		(672,239	)		—

Net cash provided by (used in) financing activities	500,988			436,593		(210,001	)	(504,450	)		223,130

Net (decrease) increase in cash and cash equivalents	(65,778		)	13,179		(43,608	)	—			(96,207	)

Cash and cash equivalents at beginning of period	547,101			152,753		270,651		—			970,505

Cash and cash equivalents at end of period	$	481,323		165,932		227,043		—			874,298

Condensed Consolidating Statement of Cash Flows
Three Months Ended February 28, 2013


(In thousands)	Lennar			Guarantor		Non-Guarantor		Eliminations			Total
	Corporation			Subsidiaries		Subsidiaries
Cash flows from operating activities:
Net earnings (including net loss attributable to	$	57,492		79,551		9,591		(89,676	)		56,958
noncontrolling interests)
Distributions of earnings from guarantor and non-guarantor subsidiaries	73,558			8,388		—		(81,946	)		—

Other adjustments to reconcile net earnings (including net loss attributable to noncontrolling interests) to net cash provided by (used in) operating activities	(104,457		)	(500,585	)	136,916		89,676			(378,450	)

Net cash provided by (used in) operating activities	26,593			(412,646	)	146,507		(81,946	)		(321,492	)

Cash flows from investing activities:
Investments in and contributions to Lennar	—			(5,732	)	(192	)	—			(5,924	)
Homebuilding unconsolidated entities, net of
distribution of capital
Distributions of capital from Rialto Investments	—			—		7,680		—			7,680
unconsolidated entities, net of investments in and
contributions to
Distributions of capital from Lennar Multifamily	—			8,672		—		—			8,672
unconsolidated entities, net of investments in and
contributions to
Decrease in Rialto Investments defeasance cash to	—			—		219,158		—			219,158
retire notes payable
Receipts of principal payments on Rialto Investments	—			—		18,434		—			18,434
loans receivable
Proceeds from sales of Rialto Investments real	—			—		34,451		—			34,451
estate owned
Other	—			(15,924	)	(6,501	)	—			(22,425	)

Intercompany	(523,037		)	—		—		523,037			—

Net cash provided by (used in) investing activities	(523,037		)	(12,984	)	273,030		523,037			260,046

Cash flows from financing activities:
Net repayments under Lennar Financial Services debt	—			(20	)	(146,041	)	—			(146,061	)

Net proceeds from senior notes	445,270			—		—		—			445,270

Principal repayments on Rialto Investments notes payable	—			—		(304,123	)	—			(304,123	)

Net borrowings (repayments) on other borrowings	—			(12,434	)	6,600		—			(5,834	)

Exercise of land option contracts from an	—			(1,270	)	—		—			(1,270	)
unconsolidated land investment venture
Net payments related to noncontrolling interests	—			—		(12,151	)	—			(12,151	)

Excess tax benefit from share-based awards	3,013			—		—		—			3,013

Common stock:
Issuances	21,668			—		—		—			21,668

Dividends	(7,693		)	(71,821	)	(10,125	)	81,946			(7,693	)

Intercompany	—			507,524		15,513		(523,037	)		—

Net cash provided by (used in) financing activities	462,258			421,979		(450,327	)	(441,091	)		(7,181	)

Net decrease in cash and cash equivalents	(34,186		)	(3,651	)	(30,790	)	—			(68,627	)

Cash and cash equivalents at beginning of period	953,478			192,373		164,892		—			1,310,743

Cash and cash equivalents at end of period	$	919,292		188,722		134,102		—			1,242,116

Basis_Of_Presentation_Policy

Basis Of Presentation (Policy)	3 Months Ended
Basis Of Presentation (Policy)	Feb. 28, 2014
Basis Of Presentation [Abstract]	'
Basis Of Consolidation	'
	Basis of Consolidation
	The accompanying condensed consolidated financial statements include the accounts of Lennar Corporation and all subsidiaries, partnerships and other entities in which Lennar Corporation has a controlling interest and VIEs (see Note 16) in which Lennar Corporation is deemed to be the primary beneficiary (the “Company”). The Company’s investments in both unconsolidated entities in which a significant, but less than controlling, interest is held and in VIEs in which the Company is not deemed to be the primary beneficiary, are accounted for by the equity method. All intercompany transactions and balances have been eliminated in consolidation. The condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended November 30, 2013. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for the fair presentation of the accompanying condensed consolidated financial statements have been made.
	The Company has historically experienced, and expects to continue to experience, variability in quarterly results. The condensed consolidated statements of operations for the three months ended February 28, 2014 are not necessarily indicative of the results to be expected for the full year.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain prior year amounts in the condensed consolidated financial statements have been reclassified to conform with the 2014 presentation. These reclassifications had no impact on the Company's results of operations. As a result of the Company's change in reportable segments in the Company's Form 10-K for the year ended November 30, 2013 to include Lennar Multifamily, the Company revised the presentation of certain prior year amounts in the condensed consolidated financial statements to conform with the 2014 presentation.
Use Of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Operating_And_Reporting_Segmen1

Operating And Reporting Segments (Tables)	3 Months Ended
	Feb. 28, 2014
Segment Reporting [Abstract]	'
Disclosure Of Financial Information Relating To Company's Operations	'
	Financial information relating to the Company’s operations was as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Homebuilding East	$	2,031,553		1,890,138

	Homebuilding Central	1,079,194			963,815

	Homebuilding West	3,313,733			3,108,395

	Homebuilding Southeast Florida	766,805			757,125

	Homebuilding Houston	371,861			307,864

	Homebuilding Other	841,535			808,496

	Rialto Investments	1,421,264			1,479,313

	Lennar Financial Services	638,197			796,710

	Lennar Multifamily	159,680			147,089

	Corporate and unallocated	902,966			1,014,302

	Total assets	$	11,526,788		11,273,247



		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues:
	Homebuilding East	$	390,508		288,892

	Homebuilding Central	162,494			149,032

	Homebuilding West	315,015			174,075

	Homebuilding Southeast Florida	102,164			71,851

	Homebuilding Houston	130,623			108,518

	Homebuilding Other	130,581			76,076

	Lennar Financial Services	76,952			95,880

	Rialto Investments	46,955			25,622

	Lennar Multifamily	7,803			297

	Total revenues (1)	$	1,363,095		990,243

	Operating earnings (loss):
	Homebuilding East	$	50,652		22,875

	Homebuilding Central	10,660			13,957

	Homebuilding West (2)	53,793			12,603

	Homebuilding Southeast Florida (3)	20,558			9,408

Homebuilding Houston	21,671			9,506

Homebuilding Other (4)	4,884			2,323

Lennar Financial Services	4,465			16,102

Rialto Investments	3,504			1,351

Lennar Multifamily	(6,199		)	(3,534	)
Total operating earnings	163,988			84,591

Corporate general and administrative expenses	38,112			31,270

Earnings before income taxes	$	125,876		53,321


-1	Total revenues are net of sales incentives of $76.5 million ($21,300 per home delivered) for the three months ended February 28, 2014 and $74.0 million ($23,300 per home delivered) for the three months ended February 28, 2013.

-2	For the three months ended February 28, 2014, operating earnings includes $0.9 million of valuation adjustments to land the Company intends to sell or has sold to third parties.

-3	For the three months ended February 28, 2013, operating earnings includes $1.1 million of valuation adjustments to finished homes, CIP and land on which the Company intends to build homes.
(4)For the three months ended February 28, 2014, operating earnings includes $1.0 million write-offs of option deposits and pre-acquisition costs.

Lennar_Homebuilding_Investment1

Lennar Homebuilding Investments In Unconsolidated Entities (Tables) (Lennar Homebuilding [Member])	3 Months Ended
	Feb. 28, 2014
Lennar Homebuilding [Member]	'
Schedule of Equity Method Investments [Line Items]	'
Condensed Financial Information By Equity Method Investment, Statements Of Operations	'
	Summarized condensed financial information on a combined 100% basis related to Lennar Homebuilding’s unconsolidated entities that are accounted for by the equity method was as follows:
	Statements of Operations


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues	$	143,694		81,224

	Costs and expenses	145,639			81,622

	Other income	—			13,361

	Net earnings (loss) of unconsolidated entities	$	(1,945	)	12,963

	Lennar Homebuilding equity in earnings (loss) from unconsolidated entities (1)	$	4,990		(864	)


	-1	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.
Balance Sheets	'
	Balance Sheets


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	196,420		184,521

	Inventories	2,855,981			2,904,795

	Other assets	139,076			147,410

		$	3,191,477		3,236,726

	Liabilities and equity:
	Accounts payable and other liabilities	$	263,895		272,940

	Debt	469,011			450,457

	Equity	2,458,571			2,513,329

		$	3,191,477		3,236,726

Total Debt Of Unconsolidated Entities	'
	The total debt of the Lennar Homebuilding unconsolidated entities in which the Company has investments, including Lennar's maximum recourse exposure, were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	The Company’s net recourse exposure	$	26,909		27,496

	Reimbursement agreements from partners	8,921			13,500

	The Company’s maximum recourse exposure	$	35,830		40,996

	Non-recourse bank debt and other debt (partner’s share of several recourse)	$	60,791		61,008

	Non-recourse land seller debt or other debt	4,041			20,454

	Non-recourse debt with completion guarantees	272,536			245,821

	Non-recourse debt without completion guarantees	95,813			82,178

	Non-recourse debt to the Company	433,181			409,461

	Total debt	$	469,011		450,457

	The Company’s maximum recourse exposure as a % of total JV debt	8		%	9	%

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Feb. 28, 2014
Stockholders' Equity Note [Abstract]	'
Schedule Of Changes In Equity	'
	The following table reflects the changes in equity attributable to both Lennar Corporation and the noncontrolling interests of its consolidated subsidiaries in which it has less than a 100% ownership interest for both the three months ended February 28, 2014 and 2013:


					Stockholders’ Equity
	(In thousands)	Total			Class A	Class B	Additional Paid-	Treasury		Retained		Noncontrolling
		Equity			Common Stock	Common Stock	in Capital	Stock		Earnings		Interests
	Balance at November 30, 2013	$	4,627,470		18,483	3,298	2,721,246	(628,019	)	2,053,893		458,569

	Net earnings (including net earnings attributable to noncontrolling interests)	79,965			—	—	—	—		78,117		1,848

	Employee stock and directors	12,433			1	—	525	11,907		—		—
	plans
	Tax benefit from employee stock	137			—	—	137	—		—		—
	plans and vesting of restricted
	stock
	Amortization of restricted stock	8,739			—	—	8,739	—		—		—

	Cash dividends	(8,169		)	—	—	—	—		(8,169	)	—

	Receipts related to	74			—	—	—	—		—		74
	noncontrolling interests
	Payments related to	(32,609		)	—	—	—	—		—		(32,609	)
	noncontrolling interests
	Non-cash consolidations	13,117			—	—	—	—		—		13,117

	Balance at February 28, 2014	$	4,701,157		18,484	3,298	2,730,647	(616,112	)	2,123,841		440,999



					Stockholders’ Equity
	(In thousands)	Total			Class A	Class B	Additional Paid-	Treasury		Retained		Noncontrolling
		Equity			Common Stock	Common Stock	in Capital	Stock		Earnings		Interests
	Balance at November 30, 2012	$	4,001,208		17,240	3,298	2,421,941	(632,846	)	1,605,131		586,444

	Net earnings (including net	56,958			—	—	—	—		57,492		(534	)
	loss attributable to
	noncontrolling interests)
	Employee stock and directors	21,668			33	—	4,487	17,148		—		—
	plans
	Tax benefit from employee stock	3,164			—	—	3,164	—		—		—
	plans and vesting of restricted
	stock
	Amortization of restricted stock	6,486			—	—	6,486	—		—		—

	Cash dividends	(7,693		)	—	—	—	—		(7,693	)	—

	Receipts related to	434			—	—	—	—		—		434
	noncontrolling interests
	Payments related to noncontrolling interests	(12,585		)	—	—	—	—		—		(12,585	)

	Balance at February 28, 2013	$	4,069,640		17,273	3,298	2,436,078	(615,698	)	1,654,930		573,759

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Feb. 28, 2014
Earnings Per Share [Abstract]	'
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share	'
	Basic and diluted earnings per share were calculated as follows:


		Three Months Ended
		February 28,
	(In thousands, except per share amounts)	2014		2013
	Numerator:
	Net earnings attributable to Lennar	$	78,117	57,492

	Less: distributed earnings allocated to nonvested shares	98		102

	Less: undistributed earnings allocated to nonvested shares	842		664

	Numerator for basic earnings per share	77,177		56,726

	Plus: interest on 3.25% convertible senior notes due 2021 and	1,982		2,826
	2.00% convertible senior notes due 2020 (1)
	Plus: undistributed earnings allocated to convertible shares	842		662

	Less: undistributed earnings reallocated to convertible shares	770		588

	Numerator for diluted earnings per share	$	79,231	59,626

	Denominator:
	Denominator for basic earnings per share - weighted average	201,955		189,548
	common shares outstanding
	Effect of dilutive securities:
	Share-based payments	10		573

	Convertible senior notes	25,670		35,896

	Denominator for diluted earnings per share - weighted average	227,635		226,017
	common shares outstanding
	Basic earnings per share	$	0.38	0.3

	Diluted earnings per share	$	0.35	0.26


	-1	Interest on the 2.00% convertible senior notes due 2020 is only included in the three months ended February 28, 2013 because the holders of the 2.00% convertible senior notes due 2020 converted the notes into shares of Class A common stock in November 30, 2013.

Lennar_Financial_Services_Segm1

Lennar Financial Services Segment (Tables)	3 Months Ended
	Feb. 28, 2014
Lennar Financial Services Segment [Abstract]	'
Schedule Of Assets And Liabilities	'
	The assets and liabilities related to the Lennar Financial Services segment were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	56,707		73,066

	Restricted cash	7,015			10,283

	Receivables, net (1)	81,281			127,223

	Loans held-for-sale (2)	314,771			414,231

	Loans held-for-investment, net	26,362			26,356

	Investments held-to-maturity	67,022			62,344

	Goodwill	34,046			34,046

	Other (3)	50,993			49,161

		$	638,197		796,710

	Liabilities:
	Notes and other debts payable	$	223,118		374,166

	Other (4)	153,967			169,473

		$	377,085		543,639


	-1	Receivables, net primarily relate to loans sold to investors for which the Company had not yet been paid as of February 28, 2014 and November 30, 2013, respectively.

	-2	Loans held-for-sale relate to unsold loans carried at fair value.

	-3	Other assets include mortgage loan commitments carried at fair value of $10.1 million and $7.3 million as of February 28, 2014 and November 30, 2013, respectively. In addition, other assets also includes forward contracts carried at fair value of $1.4 million as of November 30, 2013.

	-4	Other liabilities include $72.5 million and $74.5 million as of February 28, 2014 and November 30, 2013, respectively, of certain of the Company’s self-insurance reserves related to general liability and workers’ compensation. Other liabilities also include forward contracts carried at fair value of $4.3 million as of February 28, 2014
Schedule of Line of Credit Facilities [Table Text Block]	'
	At February 28, 2014, the Lennar Financial Services segment warehouse facilities were as follows:


	(In thousands)	Maximum Aggregate Commitment
	364-day warehouse repurchase facility that matures November 2014	$	325,000

	364-day warehouse repurchase facility that matures February 2015 (1)	300,000

	364-day warehouse repurchase facility that matures February 2015	150,000

	Totals	$	775,000


	-1	Maximum aggregate commitment includes a $100 million accordion feature that is usable 10 days prior to quarter-end through 20 days after quarter end.
Schedule Of Loan Origination Liabilities	'
	The activity in the Company’s loan origination liabilities was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Loan origination liabilities, beginning of period	$	9,311		7,250

	Provision for losses during the period	293			413

	Adjustments to pre-existing provisions for losses from changes in estimates	—			96

	Payments/settlements	(19		)	(153	)
	Loan origination liabilities, end of period	$	9,585		7,606

Rialto_Investments_Segment_Tab

Rialto Investments Segment (Tables) (Rialto Investments [Member])	3 Months Ended
	Feb. 28, 2014
Rialto Investments [Member]	'
Segment Reporting Information [Line Items]	'
Assets And Liabilities Related To Rialto Segment	'
	The assets and liabilities related to the Rialto segment were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	169,404		201,496

	Restricted cash	18,489			2,593

	Receivables, net (1)	52,156			111,833

	Loans receivable, net	265,419			278,392

	Loans held-for-sale (2)	86,857			44,228

	Real estate owned - held-for-sale	186,234			197,851

	Real estate owned - held-and-used, net	405,675			428,989

	Investments in unconsolidated entities	164,759			154,573

	Investments held-to-maturity	16,359			16,070

	Other (3)	55,912			43,288

		$	1,421,264		1,479,313

	Liabilities:
	Notes and other debts payable (4)	$	421,758		441,883

	Other (5)	50,797			55,125

		$	472,555		497,008


	-1	Receivables, net primarily relate to loans sold but not settled as of February 28, 2014 and November 30, 2013, respectively.

	-2	Loans held-for-sale relate to unsold loans originated by RMF carried at fair value.

	-3	Other assets include credit default swaps carried at fair value of $1.6 million and $0.8 million as of February 28, 2014 and November 30, 2013, respectively.

	-4	Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both February 28, 2014 and November 30, 2013 and also include $57.8 million and $76.0 million as of February 28, 2014 and November 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.

	-5	Other liabilities include interest rate swaps and swap futures carried at fair value of $0.5 million as of February 28, 2014 and credit default swaps carried at fair value of $1.1 million and $0.3 million as of February 28, 2014 and November 30, 2013, respectively.
Operating Earnings Related To Rialto Segment	'
	Rialto’s operating earnings were as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues	$	46,955		25,622

	Costs and expenses	47,576			31,771

	Rialto Investments equity in earnings from unconsolidated entities	5,354			6,173

	Rialto Investments other income (expense), net	(1,229		)	1,327

	Operating earnings (1)	$	3,504		1,351


	-1	Operating earnings for the three months ended February 28, 2014 and 2013, include net earnings (loss) attributable to noncontrolling interests of $0.9 million and ($0.3) million, respectively.
Other Income (Expense), Net Related To Rialto Segment [Text Block]	'
	The following is a detail of Rialto Investments other income (expense), net for the periods indicated:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Realized gains on REO sales, net	$	9,509		8,671

	Unrealized gain (losses) on transfer of loans receivable to REO and impairments, net	(2,377		)	670

	REO and other expenses	(31,172		)	(12,556	)
	Rental and other income	22,811			4,542

	Rialto Investments other income (expense), net	$	(1,229	)	1,327

Loans Receivable By Aggregate Collateral Type	'
	The following table displays the loans receivable by aggregate collateral type:


	(In thousands)	February 28,			November 30,
		2014			2013
	Land	$	158,013		166,950

	Single family homes	55,274			59,647

	Commercial properties	39,103			38,060

	Other	13,029			13,735

	Loans receivable, net	$	265,419		278,392

Outstanding Balance And Carrying Value Of Loans	'
	The outstanding balance and carrying value of loans accounted for under ASC 310-30 were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Outstanding principal balance	$	550,701		586,901

	Carrying value	$	259,567		270,075

Accretable Yield For The FDIC Portfolios And Bank Portfolios	'
	The activity in the accretable yield for the FDIC Portfolios and Bank Portfolios during the three months ended February 28, 2014 and 2013 was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Accretable yield, beginning of period	$	73,144		112,899

	Additions	1,352			18,949

	Deletions	(8,704		)	(19,915	)
	Accretions	(9,795		)	(13,845	)
	Accretable yield, end of period	$	55,997		98,088

Nonaccrual Loans	'
	The following tables represent nonaccrual loans in the FDIC Portfolios and Bank Portfolios accounted for under ASC 310-10 aggregated by collateral type:
	February 28, 2014


					Recorded Investment
	(In thousands)	Unpaid			With		Without	Total Recorded
		Principal Balance			Allowance		Allowance	Investment
	Land	$	5,201		—		2,136	2,136

	Single family homes	9,950			502		2,627	3,129

	Commercial properties	1,500			587		—	587

	Loans receivable	$	16,651		1,089		4,763	5,852

	November 30, 2013


					Recorded Investment
	(In thousands)	Unpaid			With		Without	Total Recorded
		Principal Balance			Allowance		Allowance	Investment
	Land	$	6,791		249		2,304	2,553

	Single family homes	15,125			519		4,119	4,638

	Commercial properties	3,400			498		628	1,126

	Loans receivable	$	25,316		1,266		7,051	8,317

Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
	The activity in the Company's allowance rollforward related to accrual loans was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Allowance on accrual loans, beginning of period	$	18,952		12,178

	Provision for loan losses, net of recoveries	6,637			6,077

	Charge-offs	(667		)	(1,404	)
	Allowance on accrual loans, end of period	$	24,922		16,851

	Nonaccrual — Loans in which forecasted principal and interest could not be reasonably estimated at the date of acquisition. The risk of nonaccrual loans relates to a decline in the value of the collateral securing the outstanding obligation and the recognition of an impairment through an allowance for loan losses if the recorded investment in the loan exceeds the fair value of the collateral less estimated cost to sell. The activity in the Company's allowance rollforward related to nonaccrual loans was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Allowance on nonaccrual loans, beginning of period	$	1,213		3,722

	Provision for loan losses	79			1,013

	Charge-offs	(868		)	(3,025	)
	Allowance on nonaccrual loans, end of period	$	424		1,710

Risk Indicators	'
	Accrual and nonaccrual loans receivable by risk categories were as follows:
	February 28, 2014


	(In thousands)	Accrual			Nonaccrual		Total
	Land	$	155,877		2,136		158,013

	Single family homes	52,145			3,129		55,274

	Commercial properties	38,516			587		39,103

	Other	13,029			—		13,029

	Loans receivable	$	259,567		5,852		265,419

	November 30, 2013


	(In thousands)	Accrual			Nonaccrual		Total
	Land	$	164,397		2,553		166,950

	Single family homes	55,009			4,638		59,647

	Commercial properties	36,934			1,126		38,060

	Other	13,735			—		13,735

	Loans receivable	$	270,075		8,317		278,392

Changes In Real Estate Owned	'
	The following tables represent the activity in REO:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	REO - held-for-sale, beginning of period	$	197,851		134,161

	Additions	—			594

	Improvements	1,593			1,016

	Sales	(41,233		)	(25,780	)
	Impairments and unrealized losses	(1,791		)	(699	)
	Transfers from held-and-used, net (1)	29,814			69,386

	REO - held-for-sale, end of period	$	186,234		178,678



		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	REO - held-and-used, net, beginning of period	$	428,989		601,022

	Additions	8,034			16,192

	Improvements	763			700

	Impairments	(904		)	(96	)
	Depreciation	(1,393		)	(1,159	)
	Transfers to held-for-sale (1)	(29,814		)	(69,386	)
	REO - held-and-used, net, end of period	$	405,675		547,273


	-1	During the three months ended February 28, 2014 and 2013, the Rialto segment transferred certain properties from REO held-and-used, net to REO held-for-sale as a result of changes in the disposition strategy of the real estate assets.
Condensed Financial Information By Equity Method Investment, Balance Sheets	'
	Balance Sheets


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	234,811		332,968

	Loans receivable	585,271			523,249

	Real estate owned	321,928			285,565

	Investment securities	436,234			149,350

	Investments in partnerships	238,935			381,555

	Other assets	28,415			191,624

		$	1,845,594		1,864,311

	Liabilities and equity:
	Accounts payable and other liabilities	$	30,725		108,514

	Notes payable	317,306			398,445

	Partner loans	—			163,940

	Equity	1,497,563			1,193,412

		$	1,845,594		1,864,311

Condensed Financial Information By Equity Method Investment, Statements Of Operations	'

	Statements of Operations


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues	$	31,427		53,343

	Costs and expenses	26,109			59,114

	Other income, net (1)	48,170			56,001

	Net earnings of unconsolidated entities	$	53,488		50,230

	Rialto Investments equity in earnings from unconsolidated entities	$	5,354		6,173


	-1	Other income, net, for the three months ended February 28, 2014 and 2013 includes Fund I and Fund II's realized and unrealized gains on investments as well as other income from REO.

Lennar_Multifamily_Segment_Tab

Lennar Multifamily Segment (Tables) (Lennar Multifamily [Member])	3 Months Ended
	Feb. 28, 2014
Lennar Multifamily [Member]	'
Segment Reporting Information [Line Items]	'
Schedule Of Assets and Liabilities By Segment	'
	The assets and liabilities related to the Lennar Multifamily segment were as follows:


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	2,496		519

	Land under development	62,145			88,260

	Consolidated inventory not owned	5,000			10,500

	Investments in unconsolidated entities	63,876			46,301

	Other assets (1)	26,163			1,509

		$	159,680		147,089

	Liabilities:
	Accounts payable and other liabilities	$	19,965		17,518

	Notes payable	1,960			13,858

	Liabilities related to consolidated inventory not owned	4,200			10,150

		$	26,125		41,526


	-1	As of February 28, 2014, other assets include $22.8 million of operating properties related to a consolidated VIE.
Condensed Financial Information By Equity Method Investment, Balance Sheets	'
	Summarized condensed financial information on a combined 100% basis related to Lennar Multifamily's investments in unconsolidated entities that are accounted for by the equity method was as follows:
	Balance Sheets


	(In thousands)	February 28,			November 30,
		2014			2013
	Assets:
	Cash and cash equivalents	$	5,701		5,800

	Operating properties and equipment	336,857			236,528

	Other assets	7,127			3,460

		$	349,685		245,788

	Liabilities and equity:
	Accounts payable and other liabilities	$	31,388		11,147

	Notes payable	75,889			51,604

	Equity	242,408			183,037

		$	349,685		245,788

Condensed Financial Information By Equity Method Investment, Statements Of Operations	'
	Statements of Operations


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Revenues	$	—		—

	Costs and expenses	143			15

	Net loss of unconsolidated entities	$	(143	)	(15	)
	Lennar Multifamily equity in loss from unconsolidated entities	$	(75	)	(3	)

Lennar_Homebuilding_Senior_Not1

Lennar Homebuilding Senior Notes And Other Debts Payable (Tables)	3 Months Ended
	Feb. 28, 2014
Debt Disclosure [Abstract]	'
Schedule Of Senior Notes And Other Debts Payable	'


	(Dollars in thousands)	February 28,		November 30,
		2014		2013
	5.50% senior notes due 2014	$	249,640	249,640

	5.60% senior notes due 2015	500,400		500,527

	6.50% senior notes due 2016	249,904		249,886

	12.25% senior notes due 2017	395,780		395,312

	4.75% senior notes due 2017	399,250		399,250

	6.95% senior notes due 2018	248,323		248,167

	4.125% senior notes due 2018	274,995		274,995

	4.50% senior notes due 2019	500,500		—

	2.75% convertible senior notes due 2020	419,819		416,041

	3.25% convertible senior notes due 2021	400,000		400,000

	4.750% senior notes due 2022	571,012		571,012

	Mortgages notes on land and other debt	455,092		489,602

		$	4,664,715	4,194,432

Product_Warranty_Tables

Product Warranty (Tables)	3 Months Ended
	Feb. 28, 2014
Product Warranties Disclosures [Abstract]	'
Schedule Of Product Warranty Reserve	'
	The activity in the Company’s warranty reserve was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014			2013
	Warranty reserve, beginning of period	$	102,580		84,188

	Warranties issued during the period	10,392			8,759

	Adjustments to pre-existing warranties from changes in estimates (1)	2,120			2,949

	Payments	(13,995		)	(10,688	)
	Warranty reserve, end of period	$	101,097		85,208


	-1	The adjustments to pre-existing warranties from changes in estimates during the three months ended February 28, 2014 and 2013 primarily relate to specific claims received in certain of our homebuilding communities.

ShareBased_Payment_Tables

Share-Based Payment (Tables)	3 Months Ended
	Feb. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Compensation Expense, Share-Based Payment Awards	'
	Compensation expense related to the Company’s share-based payment awards was as follows:


		Three Months Ended
		February 28,
	(In thousands)	2014		2013
	Stock options	$	2	—

	Nonvested shares	8,739		6,486

	Total compensation expense for share-based awards	$	8,741	6,486

Financial_Instruments_Tables

Financial Instruments (Tables)	3 Months Ended
Financial Instruments (Tables)	Feb. 28, 2014
Fair Value Disclosures [Abstract]	'
Carrying Amounts And Estimated Fair Value Of Financial Instruments	'


				February 28, 2014						November 30, 2013
		Fair Value		Carrying				Fair		Carrying	Fair
	(In thousands)	Hierarchy		Amount				Value		Amount	Value
	ASSETS
	Rialto Investments:
	Loans receivable, net	Level 3		$	265,419			290,386		278,392	305,810
	Loans receivable, net	Level 3		$	265,419			290,386		278,392	305,810
	Investments held-to-maturity	Level 3		$	16,359			16,245		16,070	15,952
	Investments held-to-maturity	Level 3		$	16,359			16,245		16,070	15,952
	Lennar Financial Services:
	Loans held-for-investment, net	Level 3		$	26,362			26,057		26,356	26,095
	Loans held-for-investment, net	Level 3		$	26,362			26,057		26,356	26,095
	Investments held-to-maturity	Level 2		$	67,022			67,303		62,344	62,580
	Investments held-to-maturity	Level 2		$	67,022			67,303		62,344	62,580
	LIABILITIES
	Lennar Homebuilding senior notes and other debts payable	Level 2		$	4,664,715			5,723,026		4,194,432	4,971,500
	Lennar Homebuilding senior notes and other debts payable	Level 2		$	4,664,715			5,723,026		4,194,432	4,971,500
	Rialto Investments notes and other debts payable	Level 2		$	421,758			415,547		441,883	438,373
	Rialto Investments notes and other debts payable	Level 2		$	421,758			415,547		441,883	438,373
	Lennar Financial Services notes and other debts payable	Level 2		$	223,118			223,118		374,166	374,166
	Lennar Financial Services notes and other debts payable	Level 2		$	223,118			223,118		374,166	374,166
	Lennar Multifamily notes payable	Level 2		$	1,960			1,960		13,858	13,858
	Lennar Multifamily notes payable	Level 2		$	1,960			1,960		13,858	13,858
Fair Value Measured On Recurring Basis	'
	The Company’s financial instruments measured at fair value on a recurring basis are summarized below:


	Financial Instruments	Fair Value		Fair Value at				Fair Value at
		Hierarchy		February 28,				November 30,
				2014				2013
	(In thousands)
	Lennar Financial Services:
	Loans held-for-sale (1)	Level 2		$	314,771			414,231
	Loans held-for-sale (1)	Level 2		$	314,771			414,231
	Mortgage loan commitments	Level 2		$	10,130			7,335
	Mortgage loan commitments	Level 2		$	10,130			7,335
	Forward contracts	Level 2		$	(4,277	)		1,444
	Forward contracts	Level 2		$	(4,277	)		1,444
	Lennar Homebuilding:
	Investments available-for-sale	Level 3		$	59,880			40,032
	Investments available-for-sale	Level 3		$	59,880			40,032
	Rialto Investments Financial Assets:
	Loans held-for-sale (2)	Level 3		$	86,857			44,228
	Loans held-for-sale (2)	Level 3		$	86,857			44,228
	Credit default swaps	Level 2		$	1,588			788
	Credit default swaps	Level 2		$	1,588			788
	Rialto Investments Financial Liabilities:
	Interest rate swaps and swap futures	Level 1		$	(467	)		(31	)
	Credit default swaps	Level 2		$	(1,146	)		(318	)

	-1	The aggregate fair value of Lennar Financial Services loans held-for-sale of $314.8 million at February 28, 2014 exceeds their aggregate principal balance of $300.8 million by $14.0 million. The aggregate fair value of loans held-for-sale of $414.2 million at November 30, 2013 exceeds their aggregate principal balance of $399.0 million by $15.3 million.

	-2	The aggregate fair value of Rialto Investments loans held-for-sale of $86.9 million at February 28, 2014 exceeds their aggregate principal balance of $86.4 million by $0.5 million. The aggregate fair value of loans held-for-sale of $44.2 million at November 30, 2013 exceeds their aggregate principal balance of $44.0 million by $0.2 million
Schedule Of Gains And Losses Of Financial Instruments	'
	The changes in fair values that are included in operating earnings are shown, by financial instrument and financial statement line item below:


		Three Months Ended
		February 28,
	(In thousands)	2014				2013
	Changes in fair value included in Lennar Financial Services revenues:
	Loans held-for-sale	$	(1,240	)		(10,780	)
	Mortgage loan commitments	$	2,794			(705	)
	Mortgage loan commitments	$	2,794			(705	)
	Forward contracts	$	(5,721	)		442
	Forward contracts	$	(5,721	)		442
	Changes in fair value included in Rialto Investments revenues:
	Financial Assets:
	Loans held-for-sale	$	553			—
	Loans held-for-sale	$	553			—
	Credit default swaps	$	800			—
	Credit default swaps	$	800			—
	Financial Liabilities:
	Interest rate swaps and swap futures	$	(436	)		—
	Interest rate swaps and swap futures	$	(436	)		—
	Credit default swaps	$	(828	)		—
	Credit default swaps	$	(828	)		—
Reconciliation Of Beginning And Ending Balance For The Company's Level 3 Recurring Fair Value Measurements	'
	The following table represents a reconciliation of the beginning and ending balance for the Lennar Homebuilding Level 3 recurring fair value measurements (investments available-for-sale) included in the Lennar Homebuilding segment’s other assets:


		Three Months Ended
		February 28,
	(In thousands)	2014				2013
	Investments available-for-sale, beginning of period	$	40,032			19,591
	Investments available-for-sale, beginning of period	$	40,032			19,591
	Purchases and other (1)	15,994				12,227
	Purchases and other (1)	15,994				12,227
	Changes in fair value (2)	4,928				—
	Changes in fair value (2)	4,928				—
	Settlements (3)	(1,074		)		—
	Settlements (3)	(1,074		)		—
	Investments available-for-sale, end of period	$	59,880			31,818
	Investments available-for-sale, end of period	$	59,880			31,818

	-1	Represents investments in community development district bonds that mature at various dates between 2037 and 2039.

	-2	Amount represents changes in fair value during the three months ended February 28, 2014. The changes in fair value were not included in other comprehensive income because the changes in fair value were deferred as a result of the Company's continuing involvement in the underlying real estate collateral.

	-3	The investments available-for-sale that were settled during the three months ended February 28, 2014 related to investments in community development district bonds, which were in default by the borrower and regarding which the Company redeemed the bonds.
	The following table represents a reconciliation of the beginning and ending balance for Rialto Investments Level 3 recurring fair value measurements (loans held-for-sale):


		Three Months Ended
		February 28,
	(In thousands)	2014
	Rialto Investments loans held-for-sale, beginning of period	$	44,228
	Rialto Investments loans held-for-sale, beginning of period	$	44,228
	Loan originations	295,508
	Loan originations	295,508
	Origination loans sold, including those not settled	(253,038		)
	Interest and principal paydowns	(394		)
	Changes in fair value	553
	Changes in fair value	553
	Rialto Investments loans held-for-sale, end of period	$	86,857
	Rialto Investments loans held-for-sale, end of period	$	86,857
Fair Value Measurements, Nonrecurring	'
	The Company’s assets measured at fair value on a nonrecurring basis are those assets for which the Company has recorded valuation adjustments and write-offs and Rialto Investments real estate owned assets. The fair values included in the tables below represent only those assets whose carrying value were adjusted to fair value during the respective periods disclosed. The assets measured at fair value on a nonrecurring basis are summarized below:


	Non-financial assets	Fair Value		Fair Value				Total Losses (1)
		Hierarchy		Three Months Ended
				February 28,
				2014
	(In thousands)
	Lennar Homebuilding:
	Land and land under development (2)	Level 3		$	6,143			(870	)
	Land and land under development (2)	Level 3		$	6,143			(870	)
	Rialto Investments:
	REO - held-for-sale (3)	Level 3		$	23,960			(1,791	)
	REO - held-for-sale (3)	Level 3		$	23,960			(1,791	)
	REO - held-and-used, net (4)	Level 3		$	16,679			(586	)
	REO - held-and-used, net (4)	Level 3		$	16,679			(586	)

	-1	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2014.

	-2	Land and land under development with an aggregate carrying value of $7.0 million were written down to their fair value of $6.1 million, resulting in valuation adjustments of $0.9 million, which were included in Lennar Homebuilding costs and expenses in the Company's statement of operations for the three months ended February 28, 2014.

	-3	REO held-for-sale, assets are initially recorded at fair value less estimated costs to sell at the time of transfer. Upon transfer, the REO held-for-sale, had a carrying value of $6.4 million and a fair value of $6.0 million. The fair value of REO held-for-sale, is based upon the appraised value at the time of transfer or management’s best estimate. The losses upon transfer of REO held-for-sale, were $0.4 million. As part of management’s periodic valuations of its REO held-for-sale, during the three months ended February 28, 2014, REO held-for-sale, with an aggregate value of $19.3 million were written down to their fair value of $17.9 million, resulting in impairments of $1.4 million. These losses and impairments are included within Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2014.

	-4	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $7.7 million and a fair value of $8.0 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-and-used, net, were $0.3 million. As part of management’s periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2014, REO held-and-used, net, with an aggregate value of $9.5 million were written down to their fair value of $8.6 million, resulting in impairments of $0.9 million. These gains and impairments are included within Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2014.


	Non-financial assets	Fair Value		Fair Value				Total Gains (Losses) (1)
		Hierarchy		Three Months Ended
				February 28,
				2013
	(In thousands)
	Lennar Homebuilding:
	Finished homes and construction in progress (2)	Level 3		$	2,941			(1,255	)
	Finished homes and construction in progress (2)	Level 3		$	2,941			(1,255	)
	Rialto Investments:
	REO - held-for-sale (3)	Level 3		$	8,447			(271	)
	REO - held-for-sale (3)	Level 3		$	8,447			(271	)
	REO - held-and-used, net (4)	Level 3		$	18,211			941
	REO - held-and-used, net (4)	Level 3		$	18,211			941

	-1	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2013.

	-2	Finished homes and construction in progress with an aggregate carrying value of $4.2 million were written down to their fair value of $2.9 million, resulting in valuation adjustments of $1.3 million, which were included in Lennar Homebuilding costs and expenses in the Company’s statement of operations for the three months ended February 28, 2013.

	-3	REO held-for-sale assets are initially recorded at fair value less estimated costs to sell at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-for-sale had a carrying value of $0.2 million and a fair value of $0.6 million. The fair value of REO held-for-sale is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-for-sale were $0.4 million. As part of management's periodic valuations of its REO held-for-sale during the three months ended February 28, 2013, REO held-for-sale with an aggregate value of $8.5 million were written down to their fair value of $7.8 million, resulting in impairments of $0.7 million. These gains and impairments are included within Rialto Investments other income (expense), net in the Company's statement of operations for the three months ended February 28, 2013.

	-4	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $15.2 million and a fair value of $16.2 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or management’s best estimate. The gains upon acquisition of REO held-and-used, net, were $1.0 million. As part of management's periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2013, REO held-and-used, net, with an aggregate value of $2.1 million were written down to their fair value of $2.0 million, resulting in impairments of $0.1 million. These gains and impairments are included within the Rialto Investments other income (expense), net, in the Company’s statement of operations for the three months ended February 28, 2013.

Consolidation_Of_Variable_Inte1

Consolidation Of Variable Interest Entities (Tables)	3 Months Ended
	Feb. 28, 2014
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure [Abstract]	'
Estimated Maximum Exposure To Loss	'
	The Company’s recorded investment in unconsolidated VIEs and its estimated maximum exposure to loss were as follows:
	As of February 28, 2014


	(In thousands)	Investments in		Lennar’s
		Unconsolidated		Maximum
		VIEs		Exposure
				to Loss
	Lennar Homebuilding (1)	$	174,049	251,634

	Rialto Investments (2)	16,359		16,359

	Lennar Multifamily (3)	38,464		67,520

		$	228,872	335,513

	As of November 30, 2013


	(In thousands)	Investments in		Lennar’s
		Unconsolidated		Maximum
		VIEs		Exposure
				to Loss
	Lennar Homebuilding (1)	$	195,720	301,315

	Rialto Investments (2)	24,393		24,393

	Lennar Multifamily (3)	25,874		55,002

		$	245,987	380,710


	-1	At February 28, 2014, the maximum exposure to loss of Lennar Homebuilding’s investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs, except with regard to a $67.5 million remaining commitment to fund an unconsolidated entity for further expenses up until the unconsolidated entity obtains permanent financing and $9.9 million of recourse debt of one of the unconsolidated VIEs, which is included in the Company’s maximum exposure to loss related to Lennar Homebuilding unconsolidated entities. At November 30, 2013, the maximum exposure to loss of Lennar Homebuilding’s investments in unconsolidated VIEs was limited to its investment in the unconsolidated VIEs, except with regard to $90.5 million remaining commitment to fund an unconsolidated entity that was formed in 2013 for further expenses up until the unconsolidated entity obtains permanent financing and $15.0 million of recourse debt of one of the unconsolidated VIEs, which is included in the Company’s maximum exposure to loss related to Lennar Homebuilding unconsolidated entities.

	-2	At both February 28, 2014 and November 30, 2013, the maximum recourse exposure to loss of Rialto’s investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs. At February 28, 2014 and November 30, 2013, investments in unconsolidated VIEs and Lennar’s maximum exposure to loss include $16.4 million and $16.1 million, respectively, related to Rialto’s investments held-to-maturity.

	-3	At February 28, 2014, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.2 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon. At November 30, 2013, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.0 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon

Supplemental_Financial_Informa1

Supplemental Financial Information (Tables)	3 Months Ended
	Feb. 28, 2014
Supplemental Financial Information [Abstract]	'
Schedule of Condensed Balance Sheet	'
	Supplemental information for the subsidiaries that were guarantor subsidiaries at February 28, 2014 was as follows:

	Condensed Consolidating Balance Sheet
	February 28, 2014


	(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
		Corporation				Subsidiaries			Subsidiaries
	ASSETS
	Lennar Homebuilding:
	Cash and cash equivalents, restricted cash and	$	496,568			226,019			36,879			—			759,466
	receivables, net
	Inventories	—				7,053,564			93,772			—			7,147,336

	Investments in unconsolidated entities	—				676,167			13,582			—			689,749

	Other assets	127,536				492,481			85,424			5,655			711,096

	Investments in subsidiaries	4,245,887				276,396			—			(4,522,283	)		—

	Intercompany	3,864,430				—			—			(3,864,430	)		—

		8,734,421				8,724,627			229,657			(8,381,058	)		9,307,647

	Rialto Investments:
	Rialto Investments real estate owned - held-and-used, net	—				—			405,675			—			405,675

	Rialto Investments all other assets	—				—			1,015,589			—			1,015,589

	Lennar Financial Services	—				72,405			565,792			—			638,197

	Lennar Multifamily	—				136,741			22,939			—			159,680

	Total assets	$	8,734,421			8,933,773			2,239,652			(8,381,058	)		11,526,788

	LIABILITIES AND EQUITY
	Lennar Homebuilding:
	Accounts payable and other liabilities	$	264,640			623,476			61,403			—			949,519

	Liabilities related to consolidated inventory not owned	—				335,632			—			—			335,632

	Senior notes and other debts payable	4,209,623				364,922			90,170			—			4,664,715

	Intercompany	—				3,792,287			72,143			(3,864,430	)		—

		4,474,263				5,116,317			223,716			(3,864,430	)		5,949,866

	Rialto Investments	—				—			472,555			—			472,555

	Lennar Financial Services	—				24,368			347,062			5,655			377,085

	Lennar Multifamily	—				26,125			—			—			26,125

	Total liabilities	4,474,263				5,166,810			1,043,333			(3,858,775	)		6,825,631

	Stockholders’ equity	4,260,158				3,766,963			755,320			(4,522,283	)		4,260,158

	Noncontrolling interests	—				—			440,999			—			440,999

	Total equity	4,260,158				3,766,963			1,196,319			(4,522,283	)		4,701,157

	Total liabilities and equity	$	8,734,421			8,933,773			2,239,652			(8,381,058	)		11,526,788

Condensed Consolidating Balance Sheet
November 30, 2013


(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
	Corporation				Subsidiaries			Subsidiaries
ASSETS
Lennar Homebuilding:
Cash and cash equivalents, restricted cash and	$	562,134			192,945			28,430			—			783,509
receivables, net
Inventories	—				6,507,172			93,876			—			6,601,048

Investments in unconsolidated entities	—				702,291			14,658			—			716,949

Other assets	116,657				539,264			86,773			5,935			748,629

Investments in subsidiaries	4,305,887				325,906			—			(4,631,793	)		—

Intercompany	3,191,611				—			—			(3,191,611	)		—

	8,176,289				8,267,578			223,737			(7,817,469	)		8,850,135

Rialto Investments:
Rialto Investments real estate owned - held-and-used, net	—				—			428,989			—			428,989

Rialto Investments all other assets	—				—			1,050,324			—			1,050,324

Lennar Financial Services	—				76,160			720,550			—			796,710

Lennar Multifamily	—				147,089			—			—			147,089

Total assets	$	8,176,289			8,490,827			2,423,600			(7,817,469	)		11,273,247

LIABILITIES AND EQUITY
Lennar Homebuilding:
Accounts payable and other liabilities	$	302,558			623,709			58,029			—			984,296

Liabilities related to consolidated inventory not owned	—				384,876			—			—			384,876

Senior notes and other debts payable	3,704,830				400,044			89,558			—			4,194,432

Intercompany	—				3,183,664			7,947			(3,191,611	)		—

	4,007,388				4,592,293			155,534			(3,191,611	)		5,563,604

Rialto Investments	—				—			497,008			—			497,008

Lennar Financial Services	—				30,045			507,659			5,935			543,639

Lennar Multifamily	—				41,526			—			—			41,526

Total liabilities	4,007,388				4,663,864			1,160,201			(3,185,676	)		6,645,777

Stockholders’ equity	4,168,901				3,826,963			804,830			(4,631,793	)		4,168,901

Noncontrolling interests	—				—			458,569			—			458,569

Total equity	4,168,901				3,826,963			1,263,399			(4,631,793	)		4,627,470

Total liabilities and equity	$	8,176,289			8,490,827			2,423,600			(7,817,469	)		11,273,247

Consolidating Statement Of Operations	'
	Condensed Consolidating Statement of Operations
	Three Months Ended February 28, 2014


	(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
		Corporation				Subsidiaries			Subsidiaries
	Revenues:
	Lennar Homebuilding	$	—			1,231,385			—			—			1,231,385

	Lennar Financial Services	—				30,869			51,424			(5,341	)		76,952

	Rialto Investments	—				—			46,955			—			46,955

	Lennar Multifamily	—				7,803			—			—			7,803

	Total revenues	—				1,270,057			98,379			(5,341	)		1,363,095

	Cost and expenses:
	Lennar Homebuilding	—				1,067,352			(2,457	)		(540	)		1,064,355

	Lennar Financial Services	—				34,695			42,420			(4,628	)		72,487

	Rialto Investments	—				—			47,576			—			47,576

	Lennar Multifamily	—				13,927			—			—			13,927

	Corporate general and administrative	36,846				—			—			1,266			38,112

	Total costs and expenses	36,846				1,115,974			87,539			(3,902	)		1,236,457

	Lennar Homebuilding equity in earnings (loss) from	—				5,311			(321	)		—			4,990
	unconsolidated entities
	Lennar Homebuilding other income, net	—				2,879			—			10			2,889

	Other interest expense	(1,429		)		(12,691	)		—			1,429			(12,691	)

	Rialto Investments equity in earnings from	—				—			5,354			—			5,354
	unconsolidated entities
	Rialto Investments other expense, net	—				—			(1,229	)		—			(1,229	)

	Lennar Multifamily equity in loss from	—				(75	)		—			—			(75	)
	unconsolidated entities
	Earnings (loss) before income taxes	(38,275		)		149,507			14,644			—			125,876

	Benefit (provision) for income taxes	14,169				(55,360	)		(4,720	)		—			(45,911	)

	Equity in earnings from subsidiaries	102,223				5,566			—			(107,789	)		—

	Net earnings (including net earnings attributable to	78,117				99,713			9,924			(107,789	)		79,965
	noncontrolling interests)
	Less: Net earnings attributable to noncontrolling interests	—				—			1,848			—			1,848

	Net earnings attributable to Lennar	$	78,117			99,713			8,076			(107,789	)		78,117

	Condensed Consolidating Statement of Operations
	Three Months Ended February 28, 2013


	(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
		Corporation				Subsidiaries			Subsidiaries
	Revenues:
	Lennar Homebuilding	$	—			868,444			—			—			868,444

Lennar Financial Services	—				36,076			65,010			(5,206	)		95,880

Rialto Investments	—				—			25,622			—			25,622

Lennar Multifamily	—				297			—			—			297

Total revenues	—				904,817			90,632			(5,206	)		990,243

Cost and expenses:
Lennar Homebuilding	—				776,024			3,022			(372	)		778,674

Lennar Financial Services	—				37,018			47,656			(4,896	)		79,778

Rialto Investments	—				—			31,771			—			31,771

Lennar Multifamily	—				3,828			—			—			3,828

Corporate general and administrative	30,005				—			—			1,265			31,270

Total costs and expenses	30,005				816,870			82,449			(4,003	)		925,321

Lennar Homebuilding equity in earnings (loss) from	—				(1,487	)		623			—			(864	)
unconsolidated entities
Lennar Homebuilding other income, net	228				7,787			—			(218	)		7,797

Other interest expense	(1,421		)		(26,031	)		—			1,421			(26,031	)

Rialto Investments equity in earnings from	—				—			6,173			—			6,173
unconsolidated entities
Rialto Investments other income, net	—				—			1,327			—			1,327

Lennar Multifamily equity in loss from	—				(3	)		—			—			(3	)
unconsolidated entities
Earnings (loss) before income taxes	(31,198		)		68,213			16,306			—			53,321

Benefit (provision) for income taxes	7,402				2,950			(6,715	)		—			3,637

Equity in earnings from subsidiaries	81,288				8,388			—			(89,676	)		—

Net earnings (including net loss attributable to	57,492				79,551			9,591			(89,676	)		56,958
noncontrolling interests)
Less: Net loss attributable to noncontrolling interests	—				—			(534	)		—			(534	)

Net earnings attributable to Lennar	$	57,492			79,551			10,125			(89,676	)		57,492

Consolidating Statement Of Cash Flows	'
	Condensed Consolidating Statement of Cash Flows
	Three Months Ended February 28, 2014


	(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
		Corporation				Subsidiaries			Subsidiaries
	Cash flows from operating activities:
	Net earnings (including net earnings attributable to	$	78,117			99,713			9,924			(107,789	)		79,965
	noncontrolling interests)
	Distributions of earnings from guarantor and non-guarantor subsidiaries	102,223				5,566			—			(107,789	)		—

	Other adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	(134,710		)		(568,041	)		120,390			107,789			(474,572	)

	Net cash provided by (used in) operating activities	45,630				(462,762	)		130,314			(107,789	)		(394,607	)

	Cash flows from investing activities:
	Distributions of capital from Lennar Homebuilding unconsolidated entities, net of investments in and contributions to	—				28,767			733			—			29,500

	Investments in and contributions to Rialto Investments	—				—			(13,124	)		—			(13,124	)
	unconsolidated entities, net of distributions of
	capital
	Distributions of capital from Lennar Multifamily unconsolidated entities, net of investments in and contributions to	—				26,810			—			—			26,810

	Receipts of principal payments on Rialto Investments	—				—			6,879			—			6,879
	loans receivable
	Proceeds from sales of Rialto Investments real	—				—			50,742			—			50,742
	estate owned
	Other	(157		)		(16,229	)		(9,151	)		—			(25,537	)

	Distributions of capital from guarantor subsidiaries	60,000				—			—			(60,000	)		—

	Intercompany	(672,239		)		—			—			672,239			—

	Net cash provided by (used in) investing activities	(612,396		)		39,348			36,079			612,239			75,270

	Cash flows from financing activities:
	Net repayments under Lennar Financial Services debt	—				—			(151,048	)		—			(151,048	)

	Net repayments under Rialto investments warehouse	—				—			(18,169	)		—			(18,169	)
	repurchase facilities
	Net proceeds from senior notes	496,600				—			(295	)		—			496,305

	Principal repayments on Rialto Investments	—				—			(2,101	)		—			(2,101	)
	notes payable
	Net repayments on other borrowings	—				(72,097	)		(73	)		—			(72,170	)

	Exercise of land option contracts from an	—				(1,540	)		—			—			(1,540	)
	unconsolidated land investment venture
	Net payments related to noncontrolling interests	—				—			(32,535	)		—			(32,535	)

	Excess tax benefits from share-based awards	137				—			—			—			137

	Common stock:
	Issuances	12,420				—			—			—			12,420

	Dividends	(8,169		)		(99,713	)		(68,076	)		167,789			(8,169	)

	Intercompany	—				609,943			62,296			(672,239	)		—

	Net cash provided by (used in) financing activities	500,988				436,593			(210,001	)		(504,450	)		223,130

	Net (decrease) increase in cash and cash equivalents	(65,778		)		13,179			(43,608	)		—			(96,207	)

Cash and cash equivalents at beginning of period	547,101				152,753			270,651			—			970,505

Cash and cash equivalents at end of period	$	481,323			165,932			227,043			—			874,298

Condensed Consolidating Statement of Cash Flows
Three Months Ended February 28, 2013


(In thousands)	Lennar				Guarantor			Non-Guarantor			Eliminations			Total
	Corporation				Subsidiaries			Subsidiaries
Cash flows from operating activities:
Net earnings (including net loss attributable to	$	57,492			79,551			9,591			(89,676	)		56,958
noncontrolling interests)
Distributions of earnings from guarantor and non-guarantor subsidiaries	73,558				8,388			—			(81,946	)		—

Other adjustments to reconcile net earnings (including net loss attributable to noncontrolling interests) to net cash provided by (used in) operating activities	(104,457		)		(500,585	)		136,916			89,676			(378,450	)

Net cash provided by (used in) operating activities	26,593				(412,646	)		146,507			(81,946	)		(321,492	)

Cash flows from investing activities:
Investments in and contributions to Lennar	—				(5,732	)		(192	)		—			(5,924	)
Homebuilding unconsolidated entities, net of
distribution of capital
Distributions of capital from Rialto Investments	—				—			7,680			—			7,680
unconsolidated entities, net of investments in and
contributions to
Distributions of capital from Lennar Multifamily	—				8,672			—			—			8,672
unconsolidated entities, net of investments in and
contributions to
Decrease in Rialto Investments defeasance cash to	—				—			219,158			—			219,158
retire notes payable
Receipts of principal payments on Rialto Investments	—				—			18,434			—			18,434
loans receivable
Proceeds from sales of Rialto Investments real	—				—			34,451			—			34,451
estate owned
Other	—				(15,924	)		(6,501	)		—			(22,425	)

Intercompany	(523,037		)		—			—			523,037			—

Net cash provided by (used in) investing activities	(523,037		)		(12,984	)		273,030			523,037			260,046

Cash flows from financing activities:
Net repayments under Lennar Financial Services debt	—				(20	)		(146,041	)		—			(146,061	)

Net proceeds from senior notes	445,270				—			—			—			445,270

Principal repayments on Rialto Investments notes payable	—				—			(304,123	)		—			(304,123	)

Net borrowings (repayments) on other borrowings	—				(12,434	)		6,600			—			(5,834	)

Exercise of land option contracts from an	—				(1,270	)		—			—			(1,270	)
unconsolidated land investment venture
Net payments related to noncontrolling interests	—				—			(12,151	)		—			(12,151	)

Excess tax benefit from share-based awards	3,013				—			—			—			3,013

Common stock:
Issuances	21,668				—			—			—			21,668

Dividends	(7,693		)		(71,821	)		(10,125	)		81,946			(7,693	)

Intercompany	—				507,524			15,513			(523,037	)		—

Net cash provided by (used in) financing activities	462,258				421,979			(450,327	)		(441,091	)		(7,181	)

Net decrease in cash and cash equivalents	(34,186		)		(3,651	)		(30,790	)		—			(68,627	)

Cash and cash equivalents at beginning of period	953,478				192,373			164,892			—			1,310,743

Cash and cash equivalents at end of period	$	919,292			188,722			134,102			—			1,242,116

Operating_And_Reporting_Segmen2

Operating And Reporting Segments Operating And Reporting Segments (Disclosure Of Financial Information Relating To Company's Operations, Assets) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Segment Reporting Information [Line Items]	'		'
Assets	$11,526,788	[1]	$11,273,247	[1]
Homebuilding East [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	2,031,553		1,890,138
Homebuilding Central [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	1,079,194		963,815
Homebuilding West [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	3,313,733		3,108,395
Homebuilding Southeast Florida [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	766,805		757,125
Homebuilding Houston [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	371,861		307,864
Homebuilding Other [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	841,535		808,496
Rialto Investments [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	1,421,264	[1]	1,479,313	[1]
Lennar Financial Services [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	638,197	[1]	796,710	[1]
Lennar Multifamily [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	159,680	[1]	147,089	[1]
Unallocated Amount to Segment [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Assets	$902,966		$1,014,302

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Operating_And_Reporting_Segmen3

Operating And Reporting Segments (Disclosure Of Financial Information Relating To Company's Operations) (Details) (USD $)	3 Months Ended
	Feb. 28, 2014		Feb. 28, 2013
Revenues:	'		'
Total revenues	$1,363,095,000	[1]	$990,243,000	[1]
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	163,988,000		84,591,000
General and Administrative Expense	38,112,000		31,270,000
Earnings before income taxes	125,876,000		53,321,000
Sales incentives	76,453,000		74,023,000
Sales incentives per home delivered	21,300		23,300
Homebuilding East [Member]	'		'
Revenues:	'		'
Real estate revenues	390,508,000		288,892,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	50,652,000		22,875,000
Homebuilding Central [Member]	'		'
Revenues:	'		'
Real estate revenues	162,494,000		149,032,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	10,660,000		13,957,000
Homebuilding West [Member]	'		'
Revenues:	'		'
Real estate revenues	315,015,000		174,075,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	53,793,000	[2]	12,603,000
Valuation Adjustments To Land With Intend To Sell Or Has Sold To Third Parties	870,000		'
Homebuilding Southeast Florida [Member]	'		'
Revenues:	'		'
Real estate revenues	102,164,000		71,851,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	20,558,000		9,408,000	[3]
Valuation Adjustments To Finished Homes C I P And Land Under Development	'		1,050,000
Homebuilding Houston [Member]	'		'
Revenues:	'		'
Real estate revenues	130,623,000		108,518,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	21,671,000		9,506,000
Homebuilding Other [Member]	'		'
Revenues:	'		'
Real estate revenues	130,581,000		76,076,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	4,884,000	[4]	2,323,000
Write Offs Of Option Deposits And Preacquisition Costs	994,000		'
Lennar Financial Services [Member]	'		'
Revenues:	'		'
Financial Services, Revenues	76,952,000		95,880,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	4,465,000		16,102,000
Rialto Investments [Member]	'		'
Revenues:	'		'
Rialto Investments, Revenues	46,955,000		25,622,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	3,504,000	[5]	1,351,000	[5]
Lennar Multifamily [Member]	'		'
Revenues:	'		'
Real estate revenues	7,803,000		297,000
Operating Income (Loss) [Abstract]	'		'
Total operating earnings	($6,199,000)		($3,534,000)

[1]	Total revenues are net of sales incentives of $76.5 million ($21,300 per home delivered) for the three months ended February 28, 2014 and $74.0 million ($23,300 per home delivered) for the three months ended February 28, 2013.
[2]	For the three months ended February 28, 2014, operating earnings includes $0.9 million of valuation adjustments to land the Company intends to sell or has sold to third parties.
[3]	For the three months ended February 28, 2013, operating earnings includes $1.1 million of valuation adjustments to finished homes, CIP and land on which the Company intends to build homes.
[4]	For the three months ended February 28, 2014, operating earnings includes $1.0 million write-offs of option deposits and pre-acquisition costs.
[5]	(1)Operating earnings for the three months ended February 28, 2014 and 2013, include net earnings (loss) attributable to noncontrolling interests of $0.9 million and ($0.3) million, respectively.

Lennar_Homebuilding_Investment2

Lennar Homebuilding Investments In Unconsolidated Entities (Narrative) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Morgan Stanley & Co., Inc. [Member]	'		'
Schedule of Equity Method Investments [Line Items]	'		'
Ownership interest	20.00%		'
Voting rights percentage	50.00%		'
Inventories	$237,241		$241,833
Lennar Homebuilding [Member]	'		'
Schedule of Equity Method Investments [Line Items]	'		'
Investments in unconsolidated entities	689,749	[1]	716,949	[1]
Underlying equity in unconsolidated partners' net assets	793,315		829,490
Inventories	$2,855,981		$2,904,795

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Lennar_Homebuilding_Investment3

Lennar Homebuilding Investments In Unconsolidated Entities (Statements Of Operations) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Lennar Homebuilding [Member]	'		'
Schedule of Equity Method Investments [Line Items]	'		'
Total revenues	$143,694		$81,224
Costs and expenses	145,639		81,622
Equity Method Investment Summarized Financial Information Other Income	0		13,361
Net earnings (loss) of unconsolidated entities	-1,945		12,963
Equity in earnings (loss) from unconsolidated entities	4,990	[1]	-864	[1]
Homebuilding West Joint Venture [Member]	'		'
Schedule of Equity Method Investments [Line Items]	'		'
Equity in earnings (loss) from unconsolidated entities	$4,473		'

[1]	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.

Lennar_Homebuilding_Investment4

Lennar Homebuilding Investments In Unconsolidated Entities (Balance Sheets) (Details) (Lennar Homebuilding [Member], USD $)	Feb. 28, 2014	Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Lennar Homebuilding [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Cash and cash equivalents	$196,420	$184,521
Inventories	2,855,981	2,904,795
Other assets	139,076	147,410
Total Assets	3,191,477	3,236,726
Accounts payable and other liabilities	263,895	272,940
Debt	469,011	450,457
Equity	2,458,571	2,513,329
Total liabilities and equity	$3,191,477	$3,236,726

Lennar_Homebuilding_Investment5

Lennar Homebuilding Investments In Unconsolidated Entities (Total Debt Of Unconsolidated Entities) (Details) (Lennar Homebuilding [Member], USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Lennar Homebuilding [Member]	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Net Recourse Exposure	$26,909	$27,496
Joint And Several Reimbursement Agreements With Companys Partners	8,921	13,500
The Company's maximum recourse exposure	35,830	40,996
Non-recourse bank debt and other debt (partner's share of several recourse)	60,791	61,008
Non-recourse land seller debt or other debt	4,041	20,454
Non-recourse debt with completion guarantees	272,536	245,821
Non-recourse debt without completion guarantees	95,813	82,178
Non-recourse debt to the Company	433,181	409,461
Total debt	$469,011	$450,457
The Company's maximum recourse exposure as a % of total JV debt	8.00%	9.00%

Stockholders_Equity_Narrative_

Stockholders' Equity (Narrative) (Details)	3 Months Ended
Stockholders' Equity (Narrative) (Details)	Feb. 28, 2014	Feb. 28, 2013
Stockholders' Equity Note [Abstract]	'	'
Maximum noncontrolling interest percentage in subsidiaries	100.00%	100.00%
Maximum number of shares to repurchase	20,000,000	'
Repurchases of common stock	0	0
Common stock that can be repurchased in the future	6,200,000	'
Shares Paid for Tax Withholding for Share Based Compensation	300,000	500,000

Stockholders_Equity_Schedule_O

Stockholders' Equity (Schedule Of Changes In Equity) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	$4,627,470	[1]	$4,001,208
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	79,965		56,958
Employee stock and directors plans	12,433		21,668
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	137		3,164
Restricted Stock or Unit Expense	8,739		6,486
Dividends	-8,169		-7,693
Receipts related to noncontrolling interests	74		434
Payments related to noncontrolling interests	-32,609		-12,585
Noncontrolling Interests Non Cash Consolidations	-13,117		'
Balance, ending	4,701,157	[1]	4,069,640
Additional Paid-in Capital [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	2,721,246		2,421,941
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	'		'
Employee stock and directors plans	525		4,487
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	137		3,164
Restricted Stock or Unit Expense	8,739		6,486
Dividends	'		'
Receipts related to noncontrolling interests	'		'
Payments related to noncontrolling interests	'		'
Noncontrolling Interests Non Cash Consolidations	'		'
Balance, ending	2,730,647		2,436,078
Treasury Stock [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	-628,019		-632,846
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	'		'
Employee stock and directors plans	11,907		17,148
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	'		'
Restricted Stock or Unit Expense	'		'
Dividends	'		'
Receipts related to noncontrolling interests	'		'
Payments related to noncontrolling interests	'		'
Noncontrolling Interests Non Cash Consolidations	'		'
Balance, ending	-616,112		-615,698
Retained Earnings [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	2,053,893		1,605,131
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	78,117		57,492
Employee stock and directors plans	'		'
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	'		'
Restricted Stock or Unit Expense	'		'
Dividends	-8,169		-7,693
Receipts related to noncontrolling interests	'		'
Payments related to noncontrolling interests	'		'
Noncontrolling Interests Non Cash Consolidations	'		'
Balance, ending	2,123,841		1,654,930
Noncontrolling Interests [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	458,569		586,444
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	1,848		-534
Employee stock and directors plans	'		'
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	'		'
Restricted Stock or Unit Expense	'		'
Dividends	'		'
Receipts related to noncontrolling interests	74		434
Payments related to noncontrolling interests	-32,609		-12,585
Noncontrolling Interests Non Cash Consolidations	-13,117		'
Balance, ending	440,999		573,759
Class A Common Stock [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	18,483		17,240
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	'		'
Employee stock and directors plans	1		33
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	'		'
Restricted Stock or Unit Expense	'		'
Dividends	'		'
Receipts related to noncontrolling interests	'		'
Payments related to noncontrolling interests	'		'
Noncontrolling Interests Non Cash Consolidations	'		'
Balance, ending	18,484		17,273
Class B Common Stock [Member]	'		'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'
Balance, beginning	3,298		3,298
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	'		'
Employee stock and directors plans	'		'
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	'		'
Restricted Stock or Unit Expense	'		'
Dividends	'		'
Receipts related to noncontrolling interests	'		'
Payments related to noncontrolling interests	'		'
Noncontrolling Interests Non Cash Consolidations	'		'
Balance, ending	$3,298		$3,298

[1]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013	Nov. 30, 2013
Valuation Allowance [Line Items]	'	'	'
Provision (Benefit) for income taxes	$45,911	($3,637)	'
Income Tax Provision	'	21,475	'
Effective Income Tax Rate, Continuing Operations	37.02%	-6.75%	'
Deferred Tax Assets, Net of Valuation Allowance	337,574	'	376,800
Deferred Tax Assets, Valuation Allowance	12,706	'	12,706
Deferred Tax Assets, Operating Loss Carryforwards	55,675	'	88,100
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	139,887	'	143,600
Operating Loss Carryforwards, Valuation Allowance	10,633	'	10,633
Unrecognized tax benefits	10,459	'	10,459
Income tax penalties and interest accrued	22,304	'	19,124
Income tax penalties and interest accrued recorded during the period	3,183	'	'
State Deferred Tax Asset [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Reversal of deferred tax asset, valuation allowance	'	$25,112	'
Federal Net Operating Loss Carryforwards [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Operating Loss Carryforwards, Expiration Dates	'20	'	'
State Net Operating Loss Carryforwards Years [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Operating Loss Carryforwards, Expiration Dates	'2014 and 2033	'	'
State Net Operating Loss Carryforwards High End Range [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Operating Loss Carryforwards, Expiration Dates	'20	'	'
State Net Operating Loss Carryforwards [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Operating Loss Carryforwards, Expiration Dates	'5	'	'
Federal Net Operating Loss Carryforwards Year [Member]	'	'	'
Valuation Allowance [Line Items]	'	'	'
Operating Loss Carryforwards, Expiration Dates	'2025	'	'

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended				1 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013		31-May-10	Nov. 30, 2012	Feb. 28, 2014
	Feb. 28, 2014		Feb. 28, 2013		2.00% Convertible Senior Notes Due 2020 [Member]	3.25% Convertible Senior Notes Due 2021 [Member]	3.25% Convertible Senior Notes Due 2021 [Member]
Earnings Per Share [Line Items]	'		'		'	'	'
Net earnings attributable to Lennar	$78,117		$57,492		'	'	'
Less: distributed earnings allocated to nonvested shares	98		102		'	'	'
Less: undistributed earnings allocated to nonvested shares	842		664		'	'	'
Numerator for basic earnings per share	77,177		56,726		'	'	'
Plus: interest on 3.25% convertible senior notes due 2021 and 2.00% convertible senior notes due 2020	1,982	[1]	2,826	[1]	'	'	'
Plus: undistributed earnings allocated to convertible shares	842		662		'	'	'
Less: undistributed earnings reallocated to convertible shares	770		588		'	'	'
Numerator for diluted earnings per share	$79,231		$59,626		'	'	'
Denominator for basic earnings per share-weighted average common shares outstanding	201,955		189,548		'	'	'
Shared based payments	10		573		'	'	'
Shares included in the calculation of diluted earnings per share	25,670		35,896		'	'	'
Denominator for diluted earnings per share-weighted average common shares outstanding	227,635		226,017		'	'	'
Basic earnings per share	$0.38		$0.30		'	'	'
Diluted earnings per share	$0.35		$0.26		'	'	'
Interest rate	'		'		2.00%	3.25%	3.25%
Senior notes maturity year	'		'		'2020	'2021	'
Options to purchase outstanding and anti-dilutive shares	0		0		'	'	'

[1]	Interest on the 2.00% convertible senior notes due 2020 is only included in the three months ended February 28, 2013 because the holders of the 2.00% convertible senior notes due 2020 converted the notes into shares of Class A common stock in NovemberB 30, 2013.

Lennar_Financial_Services_Segm2

Lennar Financial Services Segment (Narrative) (Details) (Lennar Financial Services [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013	Nov. 30, 2013
Lennar Financial Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Borrowings under the facilities	$223,118	'	$374,166
Collateralized mortgage loans and receivable loans sold to investors but not yet paid, principal balances	319,863	'	452,477
Impaired financing receivable, unpaid principal balance	7,539	'	7,897
Impaired financing receivable, recorded investment	3,723	'	4,006
Impaired financing receivable, related allowance	3,816	'	3,891
Impaired financing receivable, average recorded investment	$3,864	$3,200	'

Lennar_Financial_Services_Segm3

Lennar Financial Services Segment (Schedule Of Assets And Liabilities) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	$874,298		$970,505		$1,242,116	$1,310,743
Total assets	11,526,788	[1]	11,273,247	[1]	'	'
Total liabilities	6,825,631	[2]	6,645,777	[2]	'	'
Lennar Financial Services [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	56,707		73,066		65,200	'
Restricted cash	7,015		10,283		'	'
Receivables, net	81,281	[3]	127,223	[3]	'	'
Loans held-for-sale	314,771	[4]	414,231	[4]	'	'
Loans held-for-investment, net	26,362		26,356		'	'
Investments held-to-maturity	67,022		62,344		'	'
Goodwill	34,046		34,046		'	'
Other assets	50,993	[5]	49,161	[5]	'	'
Total assets	638,197	[1]	796,710	[1]	'	'
Notes and loans payable	223,118		374,166		'	'
Other liabilities	153,967	[6]	169,473	[6]	'	'
Total liabilities	377,085	[2]	543,639	[2]	'	'
Self-insurance reserves	72,530		74,492		'	'
Mortgage Loan Commitments [Member] \| Lennar Financial Services [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Mortgage loan commitments	10,130		7,335		'	'
Forward Contracts [Member] \| Lennar Financial Services [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Mortgage loan commitments	'		1,400		'	'
Forward contract liability	$4,277		'		'	'

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.
[3]	Receivables, net primarily relate to loans sold to investors for which the Company had not yet been paid as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[4]	Loans held-for-sale relate to unsold loans carried at fair value.
[5]	Other assets include mortgage loan commitments carried at fair value of $10.1 million and $7.3 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively. In addition, other assets also includes forward contracts carried at fair value of $1.4 million as of NovemberB 30, 2013.
[6]	Other liabilities include $72.5 million and $74.5 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, of certain of the Companybs self-insurance reserves related to general liability and workersb compensation. Other liabilities also include forward contracts carried at fair value of $4.3 million as of FebruaryB 28, 2014

Lennar_Financial_Services_Segm4

Lennar Financial Services Segment (Schedule of Credit Facilities) (Details) (Lennar Financial Services [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014
Line of Credit Facility [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	$775,000
Warehouse Agreement Borrowings [Member]	'
Line of Credit Facility [Line Items]	'
Additional Committed Borrowing Capacity under the Credit Facility	100,000
Warehouse Repurchase Facility One [Member]	'
Line of Credit Facility [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	325,000
Line of Credit Facility, Term	'364 days
Debt Instrument Maturity Year	'November 2014
Warehouse Repurchase Facility Two [Member]	'
Line of Credit Facility [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	300,000	[1]
Line of Credit Facility, Term	'364 days
Debt Instrument Maturity Year	'February 2015
Warehouse Repurchase Facility Three [Member]	'
Line of Credit Facility [Line Items]	'
Line of Credit Facility, Maximum Borrowing Capacity	$150,000
Line of Credit Facility, Term	'364 days
Debt Instrument Maturity Year	'February 2015

[1]	Maximum aggregate commitment includes a $100 million accordion feature that is usable 10 days prior to quarter-end through 20 days after quarter end.

Lennar_Financial_Services_Segm5

Lennar Financial Services Segment (Schedule Of Loan Origination Liabilities) (Details) (Lennar Financial Services [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Lennar Financial Services [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Loan origination liabilities, beginning of period	$9,311	$7,250
Provision for losses during the period	293	413
Adjustments to pre-existing provisions for losses from changes in estimates	0	96
Payments/settlements	-19	-153
Loan origination liabilities, end of period	$9,585	$7,606

Rialto_Investments_Segment_Nar

Rialto Investments Segment (Narrative) (Details) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

1 Months Ended

12 Months Ended

3 Months Ended

1 Months Ended

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2013

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Sep. 30, 2010

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2010

Feb. 28, 2014

Jan. 31, 2014

Nov. 30, 2013

Feb. 28, 2010

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2013

Feb. 28, 2014

Mar. 31, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Jul. 31, 2013

agreement

Real Estate Investment Fund [Member]

Real Estate Investment Fund II [Member]

Bank Portfolios [Member]

Commercial Mortgage-Backed Securities [Member]

Servicer Provider [Member]

FDIC [Member]

Real Estate Mezzanine Fund [Member]

CMBS Fund [Member]

Rialto Investments [Member]

Minimum [Member]

Maximum [Member]

7% Senior Notes due 2018 [Member]

Loans Held-For-Sale [Member]

Commercial First Mortgage Loan Securitizations, Term 1 [Member]

Commercial First Mortgage Loan Securitizations, Term 2 [Member]

Commercial First Mortgage Loan Securitizations, Term 3 [Member]

Real Estate Mezzanine Fund [Member]

Rialto Investments [Member]

Loans Held-For-Sale [Member]

securitization

Rialto Investments [Member]

Segment Reporting Information [Line Items]

Managing member equity interests acquired

100.00%

40.00%

Payments for distressed real estate and real estate related assets

$310,000,000

$243,000,000

Working Capital Reserve

22,000,000

Number of failed financial institutions

Number of distressed residential and commercial real estate loans

400

5,500

Notes payable

4,664,715,000

4,194,432,000

124,000,000

90,933,000

626,900,000

421,758,000

[1],[2]

441,883,000

[1],[2]

Financing interest rate

0.00%

Managing member equity interests percentage

60.00%

Expected equity interest reduction

30.00%

Expected equity interest increase

70.00%

Payments to noncontrolling interests and affiliates

53,100,000

Payments to Noncontrolling Interests

32,609,000

12,585,000

31,873,000

Payments of Distributions to Affiliates

21,200,000

Total consolidated VIEs liabilities

248,034,000

294,768,000

20,658,000

20,153,000

Total consolidated VIEs assets

1,106,356,000

1,195,347,000

676,523,000

727,064,000

Number of real estate owned properties

300

Average recorded investment in loans

7,085,000

37,000,000

Realized gains on REO sales, net

9,509,000

8,671,000

Gains (losses) upon acquisition of REO

-100,000

1,500,000

Investment Term

'5 years

'7 years

'10 years

Aggregate Principal Balance Of Loans Held For Sale

2,000,000

75,000,000

Payments for Origination and Purchases of Loans Held-for-sale

295,508,000

Proceeds from Sale of Loans Held-for-sale

-253,038,000

Number of Securitizations

Accounts Receivable from Securitization

52,200,000

Number of warehouse repurchase financing greements

Line of Credit Facility, Maximum Borrowing Capacity

500,000,000

Line of Credit Facility, Amount Outstanding

57,848,000

76,017,000

Debt Instrument, Face Amount

100,000,000

250,000,000

Interest rate

7.00%

Private Placement Price, Percent of Face Value

102.25%

100.00%

Proceeds from Issuance of Senior Long-term Debt

500,500,000

450,000,000

101,700,000

245,000,000

Proceeds from (Repayments of) Related Party Debt

-100,000,000

Senior Notes

250,000,000

Value of investment prior to discount

43,000,000

Actual investment made

19,400,000

Discount on investment percentage

55.00%

Investments Interest Rate

4.00%

Final distribution date

'November 2020

Stated maturity date

'October 2057

Other than temporary impairment on investment securities

Investments held-to-maturity

16,359,000

[3]

16,070,000

[3]

Retained equity interests

5.00%

Equity commitments

700,000,000

1,305,000,000

82,000,000

300,000,000

Total equity commitment called

660,100,000

81,701,000

14,666,000

Investment commitment

75,000,000

100,000,000

25,000,000

Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital

3,228,000

7,700,000

1,954,000

5,182,000

7,680,000

Equity Commitment Called

148,600,000

Total contributions and investments to unconsolidated entities by company

50,579,000

25,000,000

Payments to Acquire Interest in Subsidiaries and Affiliates

8,629,000

9,677,000

18,306,000

Debt Instrument, Maturity Period

'5 years

'1 year

'2 years

Investments in unconsolidated entities

77,560,000

75,729,000

51,187,000

53,103,000

8,323,000

25,642,000

16,724,000

9,681,000

164,759,000

[3]

154,573,000

[3]

Equity in earnings (loss) from unconsolidated entities

5,059,000

6,400,000

289,000

5,354,000

6,173,000

Business Acquisition, Purchase Price Allocation, Assets Acquired

20,777,000

Business Acquisition, Purchase Price Allocation, Goodwill Amount

5,094,000

Business Acquisition, Purchase Price Allocation, Liabilities Assumed

$17,554,000

[1]

As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.

[2]

Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both FebruaryB 28, 2014 and NovemberB 30, 2013 and also include $57.8 million and $76.0 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.

[3]

Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Rialto_Investments_Segment_Ass

Rialto Investments Segment (Assets And Liabilities Related To Rialto Segment) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	$874,298		$970,505		$1,242,116	$1,310,743
Total assets	11,526,788	[1]	11,273,247	[1]	'	'
Notes payable	4,664,715		4,194,432		'	'
Total liabilities	6,825,631	[2]	6,645,777	[2]	'	'
7% Senior Notes due 2018 [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Senior Notes	250,000		250,000		'	'
Interest rate	'		7.00%		'	'
Rialto Investments [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	169,404	[1]	201,496	[1]	64,188	'
Restricted cash	18,489		2,593		'	'
Receivables, net	52,156	[3]	111,833		'	'
Loans receivable, net	265,419	[1]	278,392	[1]	'	'
Loans held-for-sale	86,857	[1],[4]	44,228	[1],[4]	'	'
Real estate owned - held-for-sale	186,234	[1]	197,851	[1]	'	'
Real estate owned - held-and-used, net	405,675	[1]	428,989	[1]	'	'
Investments in unconsolidated entities	164,759	[1]	154,573	[1]	'	'
Investments held-to-maturity	16,359	[1]	16,070	[1]	'	'
Other assets	55,912	[1],[5]	43,288	[1],[5]	'	'
Total assets	1,421,264	[1]	1,479,313	[1]	'	'
Notes payable	421,758	[2],[6]	441,883	[2],[6]	'	'
Other liabilities	50,797	[2],[7]	55,125	[2],[7]	'	'
Total liabilities	472,555	[2]	497,008	[2]	'	'
Line of Credit Facility, Amount Outstanding	57,848		76,017		'	'
Rialto Investments [Member] \| Interest Rate Contract [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Interest Rate Derivative Liabilities, at Fair Value	467		'		'	'
Rialto Investments [Member] \| Credit Risk Contract [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Credit default swap assets	1,588		788		'	'
Credit default swap liabilities	1,146		318		'	'
Rialto Investments [Member] \| 7% Senior Notes due 2018 [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Senior Notes	'		$250,000		'	'
Interest rate	'		7.00%		'	'

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.
[3]	Receivables, net primarily relate to loans sold but not settled as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[4]	Loans held-for-sale relate to unsold loans carried at fair value.
[5]	Other assets include credit default swaps carried at fair value of $1.6 million and $0.8 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.
[6]	Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both FebruaryB 28, 2014 and NovemberB 30, 2013 and also include $57.8 million and $76.0 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.
[7]	Other liabilities include interest rate swaps and swap futures carried at fair value of $0.5 million as of FebruaryB 28, 2014 and credit default swaps carried at fair value of $1.1 million and $0.3 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively.

Rialto_Investments_Segment_Ope

Rialto Investments Segment (Operating Earnings Related To Rialto Segment) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Segment Reporting Information [Line Items]	'		'
Operating earnings (loss)	$163,988		$84,591
Noncontrolling interest income (loss)	1,848		-534
Rialto Investments [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Rialto Investments, Revenues	46,955		25,622
Rialto Investments, Cost and expenses	47,576		31,771
Equity in earnings (loss) from unconsolidated entities	5,354		6,173
Rialto Investments other income (expense), net	-1,229		1,327
Operating earnings (loss)	3,504	[1]	1,351	[1]
Noncontrolling interest income (loss)	$935		($300)

[1]	(1)Operating earnings for the three months ended February 28, 2014 and 2013, include net earnings (loss) attributable to noncontrolling interests of $0.9 million and ($0.3) million, respectively.

Rialto_Investments_Segment_Oth

Rialto Investments Segment (Other Income Expense) (Details) (Rialto Investments [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Rialto Investments [Member]	'	'
Component of Operating Other Cost and Expense [Line Items]	'	'
Realized gains on REO sales, net	$9,509	$8,671
Unrealized gain (losses) on transfer of loans receivable to REO and impairments, net	-2,377	670
REO and other expenses	-31,172	-12,556
Rental and other income	22,811	4,542
Rialto Investments other income (expense), net	($1,229)	$1,327

Rialto_Investments_Segment_Loa

Rialto Investments Segment (Loans Receivable By Aggregate Collateral Type) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Rialto Investments [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Loans receivable, net	$265,419	[1]	$278,392	[1]
Land [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Loans receivable, net	158,013		166,950
Single Family Homes [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Loans receivable, net	55,274		59,647
Commercial Properties [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Loans receivable, net	39,103		38,060
Other [Member]	'		'
Segment Reporting Information [Line Items]	'		'
Loans receivable, net	$13,029		$13,735

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Rialto_Investments_Segment_Out

Rialto Investments Segment (Outstanding Balance And Carrying Value Of Loans) (Details) (Rialto Investments [Member], USD $)	Feb. 28, 2014	Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Rialto Investments [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Outstanding principal balance	$550,701	$586,901
Carrying value	$259,567	$270,075

Rialto_Investments_Segment_Acc

Rialto Investments Segment (Accretable Yield For The FDIC Portfolios And Bank Portfolios) (Details) (Rialto Investments [Member], FDIC Portfolios And Bank Portfolios [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Rialto Investments [Member] \| FDIC Portfolios And Bank Portfolios [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Accretable yield, beginning of period	$73,144	$112,899
Additions	1,352	18,949
Deletions	-8,704	-19,915
Accretions	-9,795	-13,845
Accretable yield, end of period	$55,997	$98,088

Rialto_Investments_Segment_Non

Rialto Investments Segment (Nonaccrual Loans) (Details) (USD $)	Feb. 28, 2014	Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Rialto Investments [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Total Recorded Investment	$5,852	$8,317
Land [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Unpaid Principal Balance	5,201	6,791
Impaired Financing Receivable, with Related Allowance, Recorded Investment	'	249
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,136	2,304
Total Recorded Investment	2,136	2,553
Single Family Homes [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Unpaid Principal Balance	9,950	15,125
Impaired Financing Receivable, with Related Allowance, Recorded Investment	502	519
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,627	4,119
Total Recorded Investment	3,129	4,638
Commercial Properties [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Unpaid Principal Balance	1,500	3,400
Impaired Financing Receivable, with Related Allowance, Recorded Investment	587	498
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	'	628
Total Recorded Investment	587	1,126
Loans Receivable [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Unpaid Principal Balance	16,651	25,316
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,089	1,266
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,763	7,051
Total Recorded Investment	$5,852	$8,317

Rialto_Investments_Segment_All

Rialto Investments Segment (Allowance on Loans Receivable) (Details) (Rialto Investments [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Rialto Investments [Member]	'	'
Accrual [Roll Forward]	'	'
Allowance on accrual loans, beginning of period	$18,952	$12,178
Accrual loans, provision for loan losses	6,637	6,077
Accrual loans, write-downs	-667	-1,404
Allowance on accrual loans, end of period	24,922	16,851
Nonaccrual [Roll Forward]	'	'
Allowance on nonaccrual loans, beginning of period	1,213	3,722
Nonaccrual loans, provision for loan losses	79	1,013
Nonaccrual loans, write-downs	-868	-3,025
Allowance on nonaccrual loans, ending of period	$424	$1,710

Rialto_Investments_Segment_Ris

Rialto Investments Segment (Risk Indicators) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Rialto Investments [Member]	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrual	$259,567		$270,075
Nonaccrual	5,852		8,317
Notes Loans And Financing Receivable Net	265,419	[1]	278,392	[1]
Land [Member]	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrual	155,877		164,397
Nonaccrual	2,136		2,553
Notes Loans And Financing Receivable Net	158,013		166,950
Single Family Homes [Member]	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrual	52,145		55,009
Nonaccrual	3,129		4,638
Notes Loans And Financing Receivable Net	55,274		59,647
Commercial Properties [Member]	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrual	38,516		36,934
Nonaccrual	587		1,126
Notes Loans And Financing Receivable Net	39,103		38,060
Other [Member]	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrual	13,029		13,735
Nonaccrual	0		0
Notes Loans And Financing Receivable Net	$13,029		$13,735

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Rialto_Investments_Segment_Cha

Rialto Investments Segment (Changes In Real Estate Owned) (Details) (Rialto Investments [Member], USD $)	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2014		Feb. 28, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013		Real Estate Owned [Member]		Real Estate Owned [Member]
REO Property [Roll Forward]	'		'		'		'
REO - held-for-sale, beginning of period	$186,234	[1]	$197,851	[1]	$197,851		$134,161
REO - held-for-sale, additions	'		'		'		594
REO - held-for-sale, improvements	'		'		1,593		1,016
REO - held-for-sale, sales	'		'		-41,233		-25,780
REO - held-for-sale, impairments	'		'		-1,791		-699
REO - held-for-sale, transfers to from held-and-used, net	'		'		29,814	[2]	69,386	[2]
REO - held-for-sale, net, end of period	186,234	[1]	197,851	[1]	186,234		178,678
REO Held And Used Rollforward [Roll Forward]	'		'		'		'
REO - held-and-used, net, beginning of period	405,675	[1]	428,989	[1]	428,989		601,022
REO - held-and-used, additions	'		'		8,034		16,192
REO - held-and-used, improvements	'		'		763		700
REO - held-and-used, impairments	'		'		-904		-96
REO - held-and-used, depreciation	'		'		-1,393		-1,159
REO - held-and-used, transfers to from held-for-sale	'		'		-29,814	[2]	-69,386	[2]
REO - held-and-used, net, end of period	$405,675	[1]	$428,989	[1]	$405,675		$547,273

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	(1)During the three months ended February 28, 2014 and 2013, the Rialto segment transferred certain properties from REO held-and-used, net to REO held-for-sale as a result of changes in the disposition strategy of the real estate assets.

Rialto_Investments_Segment_Con

Rialto Investments Segment (Condensed Financial Information By Equity Method Investment) (Details) (Rialto Investments [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013		Nov. 30, 2013
Rialto Investments [Member]	'		'		'
Segment Reporting Information [Line Items]	'		'		'
Cash and cash equivalents	$234,811		'		$332,968
Loans receivable	585,271		'		523,249
Real estate owned	321,928		'		285,565
Investment securities	436,234		'		149,350
Investments in partnerships	238,935		'		381,555
Other assets	28,415		'		191,624
Total Assets	1,845,594		'		1,864,311
Accounts payable and other liabilities	30,725		'		108,514
Notes payable	317,306		'		398,445
Partner loans	0		'		163,940
Equity	1,497,563		'		1,193,412
Total liabilities and equity	1,845,594		'		1,864,311
Revenues	31,427		53,343		'
Costs and expenses	26,109		59,114		'
Other income, net	48,170	[1]	56,001	[1]	'
Net earnings (loss) of unconsolidated entities	53,488		50,230		'
Equity in earnings (loss) from unconsolidated entities	$5,354		$6,173		'

[1]	(1)Other income, net, for the three months ended February 28, 2014 and 2013 includes Fund I and Fund II's realized and unrealized gains on investments as well as other income from REO.

Lennar_Multifamily_Narrative_D

Lennar Multifamily (Narrative) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Feb. 28, 2014	Nov. 30, 2013
	Nov. 30, 2013	Lennar Multifamily [Member]	Lennar Multifamily [Member]
Segment Reporting Information [Line Items]	'	'	'
Non-recourse debt with completion guarantees	'	$75,889	$51,604
Percent of Combination	100.00%	'	'

Lennar_Multifamily_Segment_Ass

Lennar Multifamily Segment (Assets and Liabilities related to Multifamily Segment) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	$874,298		$970,505		$1,242,116	$1,310,743
Assets	11,526,788	[1]	11,273,247	[1]	'	'
Notes payable	4,664,715		4,194,432		'	'
Liabilities	6,825,631	[2]	6,645,777	[2]	'	'
Lennar Multifamily [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Cash and cash equivalents	2,496		519		565	'
Land and land under development	62,145		88,260		'	'
Inventory Real Estate Not Owned	5,000		10,500		'	'
Equity Method Investments	63,876		46,301		'	'
Other assets	26,163	[3]	1,509		'	'
Assets	159,680	[1]	147,089	[1]	'	'
Accounts Payable	19,965		17,518		'	'
Notes payable	1,960		13,858		'	'
Liabilities related to consolidated inventory not owned	4,200		10,150		'	'
Liabilities	26,125		41,526		'	'
Lennar Multifamily Consolidated Vies [Member]	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Other assets	$22,844	[3]	'		'	'

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.
[3]	As of FebruaryB 28, 2014, other assets include $22.8 million of operating properties related to a consolidated VIE.

Lennar_Multifamily_Segment_Con

Lennar Multifamily Segment (Condensed Financial Information by Equity Method Investments) (Details) (Lennar Multifamily [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013	Nov. 30, 2013
Lennar Multifamily [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Cash and cash equivalents	$5,701	'	$5,800
Operating properties and equipment	336,857	'	236,528
Other assets	7,127	'	3,460
Total Assets	349,685	'	245,788
Accounts payable and other liabilities	31,388	'	11,147
Debt	75,889	'	51,604
Equity	242,408	'	183,037
Total liabilities and equity	349,685	'	245,788
Revenues	0	0	'
Costs and expenses	143	15	'
Net earnings (loss) of unconsolidated entities	-143	-15	'
Equity in earnings (loss) from unconsolidated entities	($75)	($3)	'

Lennar_Homebuilding_Cash_And_C1

Lennar Homebuilding Cash And Cash Equivalents (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Cash and Cash Equivalents [Abstract]	'	'
Cash held in escrow	$194,944	$172,317
Escrow Deposit Period	'3 days	'

Lennar_Homebuilding_Senior_Not2

Lennar Homebuilding Senior Notes And Other Debts Payable (Narrative) (Details) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

In Thousands, except Share data, unless otherwise specified

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2010

Feb. 28, 2014

Feb. 28, 2013

Nov. 30, 2013

Feb. 28, 2014

Feb. 25, 2014

Feb. 05, 2014

Nov. 30, 2013

Nov. 30, 2011

Feb. 28, 2014

Nov. 30, 2013

Nov. 30, 2012

Feb. 28, 2014

Nov. 30, 2010

Nov. 30, 2011

Nov. 30, 2010

Nov. 30, 2011

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

2.75% Convertible Senior Notes Due 2020 [Member]

4.50% Senior Notes Due 2019 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

Revolving Credit Facility [Member]

Letter of Credit Agreement 1 [Member]

Letter Of Credit Agreement 2 [Member]

Holders Of Debt Instrument [Member]

Company Conversion Right To Debt Instrument [Member]

Lennar Homebuilding [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

4.50% Senior Notes Due 2019 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

Performance Letters Of Credit [Member]

Financial Letters Of Credit [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$950,000

Line of credit facility current borrowing capacity

150,000

120,000

Line of Credit Facility, Capacity Available for Specific Purpose Other than for Trade Purchases

500,000

Letters of credit outstanding, amount

175,195

160,635

232,174

212,779

Outstanding performance and surety bonds

759,433

Uncompleted site improvements amount

341,949

Uncompleted site improvements percent

45.03%

Debt instrument, principal amount

446,000

100,000

400,000

Interest rate

2.75%

4.50%

3.25%

2.75%

4.50%

3.25%

Private Placement Price, Percent of Face Value

100.50%

100.00%

Net Proceeds From Senior Notes

496,305

445,270

496,600

Senior Notes

419,819

416,041

500,500

400,000

Debt instrument, convertible, conversion ratio

45.1794

42.5555

Debt conversion, converted instrument, per principal amount

Debt conversion, converted instrument, shares issued

20,150,012

17,022,200

Debt instrument, convertible, conversion price

$22.13

$23.50

Debt instrument, unamortized discount

26,182

29,959

Debt instrument convertible terms of conversion feature

'Holders of the 2.75% Convertible Senior Notes have the right to require the Company to repurchase them for cash equal to 100% of their principal amount, plus accrued but unpaid interest, on December 15, 2015.

'Holders of the 3.25% Convertible Senior Notes have the right to require the Company to repurchase them for cash equal to 100% of their principal amount, plus accrued but unpaid interest on November 15, 2016.

'The Company has the right to redeem the 2.75% Convertible Senior Notes at any time on or after December 20, 2015 for 100% of their principal amount, plus accrued but unpaid interest.

'The Company has the right to redeem the 3.25% Convertible Senior Notes at any time on or after November 20, 2016 for 100% of their principal amount, plus accrued but unpaid interest.

Volume weighted average stock price

$38.78

$39.54

Shares included in the calculation of diluted earnings per share

25,670,000

35,896,000

8,648,000

8,869,000

Guarantee By Subsidiaries

$75,000

Lennar_Homebuilding_Senior_Not3

Lennar Homebuilding Senior Notes And Other Debts Payable (Schedule Of Senior Notes And Other Debts Payable) (Details) (USD $)

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Feb. 25, 2014

Feb. 05, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Nov. 30, 2010

Feb. 28, 2014

Nov. 30, 2013

Nov. 30, 2012

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

Nov. 30, 2013

Feb. 28, 2014

In Thousands, unless otherwise specified

5.50% Senior Notes Due 2014 [Member]

5.60% Senior Notes Due 2015 [Member]

6.50% Senior Notes Due 2016 [Member]

12.25% Senior Notes Due 2017 [Member]

4.75% Senior Notes Due 2017 [Member]

6.95% Senior Notes Due 2018 [Member]

4.125% Senior Notes Due 2018 [Member]

4.50% Senior Notes Due 2019 [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

4.750% Senior Notes Due 2022 [Member]

Lennar Homebuilding [Member]

5.50% Senior Notes Due 2014 [Member]

5.60% Senior Notes Due 2015 [Member]

6.50% Senior Notes Due 2016 [Member]

12.25% Senior Notes Due 2017 [Member]

4.75% Senior Notes Due 2017 [Member]

6.95% Senior Notes Due 2018 [Member]

4.125% Senior Notes Due 2018 [Member]

4.50% Senior Notes Due 2019 [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

4.750% Senior Notes Due 2022 [Member]

Letter of Credit Agreement Four [Member]

Debt Instrument [Line Items]

Senior Notes

$249,640

$500,400

$500,527

$249,904

$249,886

$395,780

$395,312

$399,250

$248,323

$248,167

$274,995

$500,500

$419,819

$416,041

$400,000

$571,012

Mortgage notes on land and other debt

455,092

489,602

Notes payable

4,664,715

4,194,432

4,664,715

[1]

4,194,432

[1]

Interest rate

5.50%

5.60%

6.50%

12.25%

4.75%

6.95%

4.13%

4.50%

2.75%

3.25%

4.75%

5.50%

5.60%

6.50%

12.25%

4.75%

6.95%

4.13%

4.50%

2.75%

3.25%

4.75%

Debt Instrument, Face Amount

$100,000

$400,000

$446,000

$400,000

Debt instrument maturity year

'2014

'2015

'2016

'2017

'2018

'2019

'2020

'2021

'2022

'2017

[1]

Product_Warranty_Schedule_Of_P

Product Warranty (Schedule Of Product Warranty Reserve) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Product Warranties Disclosures [Abstract]	'		'
Warranty reserve, beginning of period	$102,580		$84,188
Warranties issued during the period	10,392		8,759
Adjustments to pre-existing warranties from changes in estimates	2,120	[1]	2,949	[1]
Payments	-13,995		-10,688
Warranty reserve, end of period	$101,097		$85,208

[1]	The adjustments to pre-existing warranties from changes in estimates during the three months ended February 28, 2014 and 2013 primarily relate to specific claims received in certain of our homebuilding communities.

ShareBased_Payment_Compensatio

Share-Based Payment (Compensation Expense, Share-Based Payment Awards) (Details) (USD $)	3 Months Ended
In Thousands, except Share data in Millions, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'	'
Stock options	$2	$0
Nonvested shares	8,739	6,486
Total compensation expense for share-based awards	$8,741	$6,486
Stock Issued During Period, Shares, Restricted Stock Award, Gross	0	'

Financial_Instruments_Carrying

Financial Instruments (Carrying Amounts And Estimated Fair Value Of Financial Instruments) (Details) (USD $)	Feb. 28, 2014	Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014	Nov. 30, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Notes payable, Carrying Amount	$4,664,715	$4,194,432
Rialto Investments [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Loans receivable, net	265,419	278,392
Loans receivable, Fair Value	290,386	305,810
Investments held-to-maturity, Carrying Amount	16,359	16,070
Investments held-to-maturity, Fair Value	16,245	15,952
Notes payable, Carrying Amount	421,758	441,883
Notes payable, Fair Value	415,547	438,373
Lennar Financial Services [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Investments held-to-maturity, Carrying Amount	67,022	62,344
Investments held-to-maturity, Fair Value	67,303	62,580
Loans held-for-investment, net, Carrying Amount	26,362	26,356
Loans held-for-investment, net, Fair Value	26,057	26,095
Notes and other debts payable, Carrying Amount	223,118	374,166
Notes and other debts payable, Fair Value	223,118	374,166
Lennar Homebuilding [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Notes payable, Carrying Amount	4,664,715	4,194,432
Notes payable, Fair Value	5,723,026	4,971,500
Lennar Multifamily [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Notes payable, Carrying Amount	1,960	13,858
Notes payable, Fair Value	$1,960	$13,858

Financial_Instruments_Fair_Val

Financial Instruments (Fair Value Measured On Recurring Basis) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Rialto Investments [Member]	'		'
Financial Instruments [Line Items]	'		'
Aggregate Principal Balance Of Loans Held For Sale	$86,400		$44,000
Fair Value, Option, Aggregate Differences, Loans held-for-sale	467		200
Rialto Investments [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Financial Instruments [Line Items]	'		'
Loans held-for-sale	86,857		44,200
Rialto Investments [Member] \| Loans Held-For-Sale [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Financial Instruments [Line Items]	'		'
Loans held-for-sale	86,857	[1]	44,228	[1]
Rialto Investments [Member] \| Interest Rate Contract [Member] \| Fair Value, Inputs, Level 1 [Member]	'		'
Financial Instruments [Line Items]	'		'
Interest rate swaps and swap futures	-467		31
Rialto Investments [Member] \| Credit Risk Contract [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Financial Instruments [Line Items]	'		'
Derivative asset	1,588		788
Derivative liabilities	-1,146		-318
Lennar Homebuilding [Member] \| Investments Available For Sale [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Financial Instruments [Line Items]	'		'
Investments available-for-sale	59,880		40,032
Lennar Financial Services [Member]	'		'
Financial Instruments [Line Items]	'		'
Aggregate Principal Balance Of Loans Held For Sale	300,750		398,969
Fair Value, Option, Aggregate Differences, Loans held-for-sale	14,022		15,262
Lennar Financial Services [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Financial Instruments [Line Items]	'		'
Loans held-for-sale	314,771		414,231
Lennar Financial Services [Member] \| Loans Held-For-Sale [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Financial Instruments [Line Items]	'		'
Loans held-for-sale	314,771	[1]	414,231	[1]
Lennar Financial Services [Member] \| Mortgage Loan Commitments [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Financial Instruments [Line Items]	'		'
Mortgage loan commitments	10,130		7,335
Lennar Financial Services [Member] \| Forward Contracts [Member] \| Fair Value, Inputs, Level 2 [Member]	'		'
Financial Instruments [Line Items]	'		'
Derivative asset	'		1,444
Derivative liabilities	($4,277)		'

[1]	The aggregate fair value of Lennar Financial Services loans held-for-sale of $314.8 million at FebruaryB 28, 2014 exceeds their aggregate principal balance of $300.8 million by $14.0 million. The aggregate fair value of loans held-for-sale of $414.2 million at NovemberB 30, 2013 exceeds their aggregate principal balance of $399.0 million by $15.3 million.(2)The aggregate fair value of Rialto Investments loans held-for-sale of $86.9 million at FebruaryB 28, 2014 exceeds their aggregate principal balance of $86.4 million by $0.5 million. The aggregate fair value of loans held-for-sale of $44.2 million at NovemberB 30, 2013 exceeds their aggregate principal balance of $44.0 million by $0.2 million.

Financial_Instruments_Schedule

Financial Instruments (Schedule Of Gains And Losses Of Financial Instruments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Open Commitments To Sell MBS	$535,000	'
Lennar Financial Services [Member] \| Loans Held-For-Sale [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Loans held-for-sale	-1,240	-10,780
Lennar Financial Services [Member] \| Mortgage Loan Commitments [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Mortgage loan commitments	2,794	-705
Lennar Financial Services [Member] \| Forward Contracts [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Derivative instruments	-5,721	442
Rialto Investments [Member] \| Loans Held-For-Sale [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Loans held-for-sale	553	0
Rialto Investments [Member] \| Interest Rate Contract [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Derivative instruments	-436	0
Assets [Member] \| Rialto Investments [Member] \| Credit Risk Contract [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Derivative instruments	800	0
Liability [Member] \| Rialto Investments [Member] \| Credit Risk Contract [Member]	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Derivative instruments	($828)	$0

Financial_Instruments_Reconcil

Financial Instruments (Reconciliation Of Beginning And Ending Balance For The Company's Level 3 Recurring Fair Value Measurements) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Available-for-sale Securities [Member] \| Lennar Homebuilding [Member]	'		'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'		'
Investments available-for-sale, beginning of period	$40,032		$19,591
Purchases and other	15,994	[1]	12,227	[1]
Available-for-Sale Securities Change in Faiur Value	4,928	[2]	0	[2]
Settlements	-1,074	[3]	0	[3]
Investments available-for-sale, end of period	59,880		31,818
Loans Held-For-Sale [Member] \| Rialto Investments [Member]	'		'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'		'
Investments available-for-sale, beginning of period	44,228		'
Purchases and other	295,508		'
Proceeds from Sale of Loans Held-for-sale	-253,038		'
Interest accrued	-394		'
Changes in fair value included in earnings	553		'
Investments available-for-sale, end of period	$86,857		'

[1]	Represents investments in community development district bonds that mature at various dates between 2037 and 2039.
[2]	Amount represents changes in fair value during the three months ended February 28, 2014. The changes in fair value were not included in other comprehensive income because the changes in fair value were deferred as a result of the Company's continuing involvement in the underlying real estate collateral.
[3]	The investments available-for-sale that were settled during the three months ended February 28, 2014 related to investments in community development district bonds, which were in default by the borrower and regarding which the Company redeemed the bonds.

Financial_Instruments_Fair_Val1

Financial Instruments (Fair Value Assets Measured On Nonrecurring Basis) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Lennar Homebuilding [Member]	'		'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'
Finished homes and construction in progress carrying value before impairments	$89,314		'
Lennar Homebuilding [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'
Finished homes and construction in progress, Fair Value	'		2,941	[1]
Total Gains (Losses) on Finished homes and construction in process	'		-1,255	[1],[2]
Finished homes and construction in progress carrying value before impairments	'		4,200
Land And Land Under Development Carrying Value Before Impairments	7,013		'
Land And Land Under Development Fair Value	6,143	[3]	6,143
Valuation Adjustments To Land And Land Under Development	-870		-870	[3]
Rialto Investments [Member] \| Fair Value, Inputs, Level 3 [Member]	'		'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'		'
REO Held For Sale Fair Value	23,960	[4]	8,447	[5]
Net Gains Losses Impairments On REO Held For Sale	-1,791	[4],[6]	-271	[2],[5]
REO held-for-sale carrying value before gains	6,433		166
REO held-for-sale fair value after gains	6,047		594
Gains (Losses) on REO held-for-sale	-386		428
REO held-for-sale carrying value before impairments	19,318		8,502
REO held-for-sale fair value after impairments	17,913		7,803
REO held-for-sale, impairments	-1,405		-699
REO Held And Used Fair Value	16,679	[7]	18,211	[8]
Net Gains (Losses) Impairments On REO Held And Used	-586	[6],[7]	941	[2],[8]
REO held-and-used carrying value before gains	7,716		15,155
REO held-and-used fair value after gains	8,034		16,192
Gains (Losses) on REO held-and-used	318		1,037
REO held-and-used carrying value before impairments	9,549		2,115
REO held-and-used fair value after impairments	8,645		2,019
Real Estate Held and Used, Impairments	($904)		($96)

[1]	Finished homes and construction in progress with an aggregate carrying value of $4.2 million were written down to their fair value of $2.9 million, resulting in valuation adjustments of $1.3 million, which were included in Lennar Homebuilding costs and expenses in the Companybs statement of operations for the three months ended February 28, 2013.
[2]	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2013.
[3]	Land and land under development with an aggregate carrying value of $7.0 million were written down to their fair value of $6.1 million, resulting in valuation adjustments of $0.9 million, which were included in Lennar Homebuilding costs and expenses in the Company's statement of operations for the three months ended February 28, 2014.
[4]	REO held-for-sale, assets are initially recorded at fair value less estimated costs to sell at the time of transfer. Upon transfer, the REO held-for-sale, had a carrying value of $6.4 million and a fair value of $6.0 million. The fair value of REO held-for-sale, is based upon the appraised value at the time of transfer or managementbs best estimate. The losses upon transfer of REO held-for-sale, were $0.4 million. As part of managementbs periodic valuations of its REO held-for-sale, during the three months ended February 28, 2014, REO held-for-sale, with an aggregate value of $19.3 million were written down to their fair value of $17.9 million, resulting in impairments of $1.4 million. These losses and impairments are included within Rialto Investments other income (expense), net, in the Companybs statement of operations for the three months ended February 28, 2014.
[5]	REO held-for-sale assets are initially recorded at fair value less estimated costs to sell at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-for-sale had a carrying value of $0.2 million and a fair value of $0.6 million. The fair value of REO held-for-sale is based upon the appraised value at the time of foreclosure or managementbs best estimate. The gains upon acquisition of REO held-for-sale were $0.4 million. As part of management's periodic valuations of its REO held-for-sale during the three months ended February 28, 2013, REO held-for-sale with an aggregate value of $8.5 million were written down to their fair value of $7.8 million, resulting in impairments of $0.7 million. These gains and impairments are included within Rialto Investments other income (expense), net in the Company's statement of operations for the three months ended February 28, 2013.
[6]	Represents total losses due to valuation adjustments or gains (losses) from acquisitions of real estate through foreclosure including REO impairments recorded during the three months ended February 28, 2014.
[7]	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $7.7 million and a fair value of $8.0 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or managementbs best estimate. The gains upon acquisition of REO held-and-used, net, were $0.3 million. As part of managementbs periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2014, REO held-and-used, net, with an aggregate value of $9.5 million were written down to their fair value of $8.6 million, resulting in impairments of $0.9 million. These gains and impairments are included within Rialto Investments other income (expense), net, in the Companybs statement of operations for the three months ended February 28, 2014.
[8]	REO held-and-used, net, assets are initially recorded at fair value at the time of acquisition through, or in lieu of, loan foreclosure. Upon acquisition, the REO held-and-used, net, had a carrying value of $15.2 million and a fair value of $16.2 million. The fair value of REO held-and-used, net, is based upon the appraised value at the time of foreclosure or managementbs best estimate. The gains upon acquisition of REO held-and-used, net, were $1.0 million. As part of management's periodic valuations of its REO held-and-used, net, during the three months ended February 28, 2013, REO held-and-used, net, with an aggregate value of $2.1 million were written down to their fair value of $2.0 million, resulting in impairments of $0.1 million. These gains and impairments are included within the Rialto Investments other income (expense), net, in the Companybs statement of operations for the three months ended February 28, 2013.

Financial_Instruments_Narrativ

Financial Instruments (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2013
	homes	communities
	communities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]	'	'
Active communities	546	482
Fair Value Inputs, Discount Rate	20.00%	'
Number of communities assessed for impairment	26	'
Number of homesites assessed for impairment	1,071	'
Minimum [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]	'	'
Capitalization rate	9.00%	'
Maximum [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]	'	'
Capitalization rate	12.00%	'
Lennar Homebuilding [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]	'	'
Finished Homes And Construction In Progress Carrying Value Before Impairments	89,314	'

Consolidation_Of_Variable_Inte2

Consolidation Of Variable Interest Entities (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Variable Interest Entity [Line Items]	'		'
Consolidated VIEs assets	$1,106,356		$1,195,347
Consolidated VIEs non-recourse liabilities	248,034		294,768
Decrease in consolidated inventory and related liabilities	63,003		'
Non-refundable option deposits and pre-acquisition costs	111,920		129,195
Letters of credit	27,983		29,865
Lennar Multifamily [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Consolidated Entities Amount Assets	22,939		'
Investments in unconsolidated entities	63,876		46,301
Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Investments in unconsolidated entities	689,749	[1]	716,949	[1]
Rialto Investments [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Investments in unconsolidated entities	164,759	[1]	154,573	[1]
Consolidated VIEs assets	676,523		727,064
Consolidated VIEs non-recourse liabilities	20,658		20,153
Commitments [Member] \| Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	67,520		90,500
Recourse Debt [Member] \| Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	9,900		15,000
Lennar Homebuilding Unconsolidated VIE [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Letters of credit outstanding, amount	$28,200		$28,000

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.

Consolidation_Of_Variable_Inte3

Consolidation Of Variable Interest Entities (Estimated Maximum Exposure To Loss) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013
Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	$689,749	[1]	$716,949	[1]
Rialto Investments [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	164,759	[1]	154,573	[1]
Investments held-to-maturity	16,359	[1]	16,070	[1]
Lennar Multifamily [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	63,876		46,301
Commitments [Member] \| Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Lennar's Maximum Exposure to Loss	67,520		90,500
Recourse Debt [Member] \| Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Lennar's Maximum Exposure to Loss	9,900		15,000
Lennar Multifamily Unconsolidated VIE [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Letters of credit outstanding, amount	28,200		28,000
Variable Interest Entity, Primary Beneficiary [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	228,872		245,987
Lennar's Maximum Exposure to Loss	335,513		380,710
Variable Interest Entity, Primary Beneficiary [Member] \| Lennar Homebuilding [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	174,049	[2]	195,720	[2]
Lennar's Maximum Exposure to Loss	251,634	[2]	301,315	[2]
Variable Interest Entity, Primary Beneficiary [Member] \| Rialto Investments [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	16,359	[3]	24,393	[3]
Lennar's Maximum Exposure to Loss	16,359	[3]	24,393	[3]
Variable Interest Entity, Primary Beneficiary [Member] \| Lennar Multifamily [Member]	'		'
Variable Interest Entity [Line Items]	'		'
Equity Method Investments	38,464	[4]	25,874	[4]
Lennar's Maximum Exposure to Loss	$67,520	[4]	$55,002	[4]

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	At FebruaryB 28, 2014, the maximum exposure to loss of Lennar Homebuildingbs investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs, except with regard to a $67.5 million remaining commitment to fund an unconsolidated entity for further expenses up until the unconsolidated entity obtains permanent financing and $9.9 million of recourse debt of one of the unconsolidated VIEs, which is included in the Companybs maximum exposure to loss related to Lennar Homebuilding unconsolidated entities. At NovemberB 30, 2013, the maximum exposure to loss of Lennar Homebuildingbs investments in unconsolidated VIEs was limited to its investment in the unconsolidated VIEs, except with regard to $90.5 million remaining commitment to fund an unconsolidated entity that was formed in 2013 for further expenses up until the unconsolidated entity obtains permanent financing and $15.0 million of recourse debt of one of the unconsolidated VIEs, which is included in the Companybs maximum exposure to loss related to Lennar Homebuilding unconsolidated entities
[3]	At both FebruaryB 28, 2014 and NovemberB 30, 2013, the maximum recourse exposure to loss of Rialtobs investments in unconsolidated VIEs is limited to its investments in unconsolidated VIEs. At FebruaryB 28, 2014 and NovemberB 30, 2013, investments in unconsolidated VIEs and Lennarbs maximum exposure to loss include $16.4 million and $16.1 million, respectively, related to Rialtobs investments held-to-maturity.
[4]	At FebruaryB 28, 2014, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.2 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon. At NovemberB 30, 2013, the maximum exposure to loss of Lennar Multifamily's investments in unconsolidated VIEs is limited to its investments in the unconsolidated VIEs, except with regard to $28.0 million of letters of credit outstanding for certain of the unconsolidated VIEs that in the event of default under its debt agreement the letter of credit will be drawn upon.

Supplemental_Financial_Informa2

Supplemental Financial Information (Narrative) (Details) (USD $)

3 Months Ended

In Thousands, unless otherwise specified

Feb. 28, 2014

Nov. 30, 2010

Feb. 28, 2014

Nov. 30, 2012

Feb. 28, 2014

5.50% Senior Notes Due 2014 [Member]

5.60% Senior Notes Due 2015 [Member]

6.50% Senior Notes Due 2016 [Member]

12.25% Senior Notes Due 2017 [Member]

4.75% Senior Notes Due 2017 [Member]

6.95% Senior Notes Due 2018 [Member]

4.125% Senior Notes Due 2018 [Member]

4.50% Senior Notes Due 2019 [Member]

2.75% Convertible Senior Notes Due 2020 [Member]

3.25% Convertible Senior Notes Due 2021 [Member]

4.750% Senior Notes Due 2022 [Member]

Letter of Credit Agreement 1 [Member]

Letter Of Credit Agreement 2 [Member]

Condensed Financial Statements, Captions [Line Items]

Interest rate

5.50%

5.60%

6.50%

12.25%

4.75%

6.95%

4.13%

4.50%

2.75%

3.25%

4.75%

Guarantee by subsidiaries

$75,000

Line of credit facility current borrowing capacity

$150,000

$120,000

Supplemental_Financial_Informa3

Supplemental Financial Information (Condensed Consolidating Balance Sheet) (Details) (USD $)	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
In Thousands, unless otherwise specified	Feb. 28, 2014		Nov. 30, 2013		Feb. 28, 2013	Nov. 30, 2012
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	$11,526,788	[1]	$11,273,247	[1]	'	'
Senior notes and other debts payable	4,664,715		4,194,432		'	'
Total liabilities	6,825,631	[2]	6,645,777	[2]	'	'
Stockholders' equity	4,260,158	[2]	4,168,901	[2]	'	'
Noncontrolling interests	440,999	[2]	458,569	[2]	'	'
Total equity	4,701,157	[2]	4,627,470	[2]	4,069,640	4,001,208
Total liabilities and equity	11,526,788	[2]	11,273,247	[2]	'	'
Parent Company [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	8,734,421		8,176,289		'	'
Total liabilities	4,474,263		4,007,388		'	'
Stockholders' equity	4,260,158		4,168,901		'	'
Total equity	4,260,158		4,168,901		'	'
Total liabilities and equity	8,734,421		8,176,289		'	'
Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	8,933,773		8,490,827		'	'
Total liabilities	5,166,810		4,663,864		'	'
Stockholders' equity	3,766,963		3,826,963		'	'
Total equity	3,766,963		3,826,963		'	'
Total liabilities and equity	8,933,773		8,490,827		'	'
Non-Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	2,239,652		2,423,600		'	'
Total liabilities	1,043,333		1,160,201		'	'
Stockholders' equity	755,320		804,830		'	'
Noncontrolling interests	440,999		458,569		'	'
Total equity	1,196,319		1,263,399		'	'
Total liabilities and equity	2,239,652		2,423,600		'	'
Consolidation, Eliminations [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	-8,381,058		-7,817,469		'	'
Total liabilities	-3,858,775		-3,185,676		'	'
Stockholders' equity	-4,522,283		-4,631,793		'	'
Total equity	-4,522,283		-4,631,793		'	'
Total liabilities and equity	-8,381,058		-7,817,469		'	'
Lennar Homebuilding [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Cash and cash equivalents, restricted cash and receivables, net	759,466		783,509		'	'
Inventories	7,147,336	[1]	6,601,048	[1]	'	'
Investments in unconsolidated entities	689,749	[1]	716,949	[1]	'	'
Other assets	711,096	[1]	748,629	[1]	'	'
Investments in subsidiaries	'		'		'	'
Intercompany Assets	'		'		'	'
Total assets	9,307,647	[1]	8,850,135	[1]	'	'
Accounts payable and other liabilities	949,519		984,296		'	'
Liabilities related to consolidated inventory not owned	335,632	[2]	384,876	[2]	'	'
Senior notes and other debts payable	4,664,715	[2]	4,194,432	[2]	'	'
Intercompany Liabilities	'		'		'	'
Total liabilities	5,949,866	[2]	5,563,604	[2]	'	'
Lennar Homebuilding [Member] \| Parent Company [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Cash and cash equivalents, restricted cash and receivables, net	496,568		562,134		'	'
Other assets	127,536		116,657		'	'
Investments in subsidiaries	4,245,887		4,305,887		'	'
Intercompany Assets	3,864,430		3,191,611		'	'
Total assets	8,734,421		8,176,289		'	'
Accounts payable and other liabilities	264,640		302,558		'	'
Senior notes and other debts payable	4,209,623		3,704,830		'	'
Intercompany Liabilities	'		'		'	'
Total liabilities	4,474,263		4,007,388		'	'
Lennar Homebuilding [Member] \| Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Cash and cash equivalents, restricted cash and receivables, net	226,019		192,945		'	'
Inventories	7,053,564		6,507,172		'	'
Investments in unconsolidated entities	676,167		702,291		'	'
Other assets	492,481		539,264		'	'
Investments in subsidiaries	276,396		325,906		'	'
Intercompany Assets	'		'		'	'
Total assets	8,724,627		8,267,578		'	'
Accounts payable and other liabilities	623,476		623,709		'	'
Liabilities related to consolidated inventory not owned	335,632		384,876		'	'
Senior notes and other debts payable	364,922		400,044		'	'
Intercompany Liabilities	3,792,287		3,183,664		'	'
Total liabilities	5,116,317		4,592,293		'	'
Lennar Homebuilding [Member] \| Non-Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Cash and cash equivalents, restricted cash and receivables, net	36,879		28,430		'	'
Inventories	93,772		93,876		'	'
Investments in unconsolidated entities	13,582		14,658		'	'
Other assets	85,424		86,773		'	'
Intercompany Assets	'		'		'	'
Total assets	229,657		223,737		'	'
Accounts payable and other liabilities	61,403		58,029		'	'
Senior notes and other debts payable	90,170		89,558		'	'
Intercompany Liabilities	72,143		7,947		'	'
Total liabilities	223,716		155,534		'	'
Lennar Homebuilding [Member] \| Consolidation, Eliminations [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Other assets	5,655		5,935		'	'
Investments in subsidiaries	-4,522,283		-4,631,793		'	'
Intercompany Assets	-3,864,430		-3,191,611		'	'
Total assets	-8,381,058		-7,817,469		'	'
Accounts payable and other liabilities	'		0		'	'
Intercompany Liabilities	-3,864,430		-3,191,611		'	'
Total liabilities	-3,864,430		-3,191,611		'	'
Rialto Investments [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Investments in unconsolidated entities	164,759	[1]	154,573	[1]	'	'
Other assets	72,271	[1]	59,358	[1]	'	'
Total assets	1,421,264	[1]	1,479,313	[1]	'	'
Real estate owned, held-and-used, net	405,675	[1]	428,989	[1]	'	'
Rialto investments all other assets	1,015,589		1,050,324		'	'
Senior notes and other debts payable	421,758	[2],[3]	441,883	[2],[3]	'	'
Total liabilities	472,555	[2]	497,008	[2]	'	'
Rialto Investments [Member] \| Parent Company [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Real estate owned, held-and-used, net	0		0		'	'
Rialto investments all other assets	0		0		'	'
Rialto Investments [Member] \| Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Real estate owned, held-and-used, net	0		0		'	'
Rialto investments all other assets	0		0		'	'
Rialto Investments [Member] \| Non-Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Real estate owned, held-and-used, net	405,675		428,989		'	'
Rialto investments all other assets	1,015,589		1,050,324		'	'
Total liabilities	472,555		497,008		'	'
Rialto Investments [Member] \| Consolidation, Eliminations [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Real estate owned, held-and-used, net	0		0		'	'
Rialto investments all other assets	0		0		'	'
Lennar Financial Services [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Other assets	50,993	[4]	49,161	[4]	'	'
Total assets	638,197	[1]	796,710	[1]	'	'
Total liabilities	377,085	[2]	543,639	[2]	'	'
Lennar Financial Services [Member] \| Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	72,405		76,160		'	'
Total liabilities	24,368		30,045		'	'
Lennar Financial Services [Member] \| Non-Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	565,792		720,550		'	'
Total liabilities	347,062		507,659		'	'
Lennar Financial Services [Member] \| Consolidation, Eliminations [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total liabilities	5,655		5,935		'	'
Lennar Multifamily [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Investments in unconsolidated entities	63,876		46,301		'	'
Total assets	159,680	[1]	147,089	[1]	'	'
Liabilities related to consolidated inventory not owned	4,200		10,150		'	'
Senior notes and other debts payable	1,960		13,858		'	'
Total liabilities	26,125		41,526		'	'
Lennar Multifamily [Member] \| Parent Company [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	0		0		'	'
Total liabilities	0		0		'	'
Lennar Multifamily [Member] \| Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	136,741		147,089		'	'
Total liabilities	26,125		41,526		'	'
Lennar Multifamily [Member] \| Non-Guarantor Subsidiaries [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	22,939		0		'	'
Total liabilities	0		0		'	'
Lennar Multifamily [Member] \| Consolidation, Eliminations [Member]	'		'		'	'
Condensed Financial Statements, Captions [Line Items]	'		'		'	'
Total assets	0		0		'	'
Total liabilities	$0		$0		'	'

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.
[2]	As of FebruaryB 28, 2014, total liabilities include $248.0 million related to consolidated VIEs as to which there was no recourse against the Company, of which $2.1 million is included in Lennar Homebuilding accounts payable, $138.0 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $78.1 million in Lennar Homebuilding senior notes and other debts payable, $9.1 million in Lennar Homebuilding other liabilities and $20.7 million in Rialto Investments notes payable and other liabilities.As of NovemberB 30, 2013, total liabilities include $294.8 million related to consolidated VIEs as to which there was no recourse against the Company, of which $3.0 million is included in Lennar Homebuilding accounts payable, $191.6 million in Lennar Homebuilding liabilities related to consolidated inventory not owned, $75.1 million in Lennar Homebuilding senior notes and other debts payable, $4.9 million in Lennar Homebuilding other liabilities and $20.2 million in Rialto Investments notes payable and other liabilities.
[3]	Notes and other debts payable include $250 million related to the 7.00% Senior Notes due 2018 ("7.00% Senior Notes") as of both FebruaryB 28, 2014 and NovemberB 30, 2013 and also include $57.8 million and $76.0 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively, related to the RMF warehouse repurchase financing agreements.
[4]	Other assets include mortgage loan commitments carried at fair value of $10.1 million and $7.3 million as of FebruaryB 28, 2014 and NovemberB 30, 2013, respectively. In addition, other assets also includes forward contracts carried at fair value of $1.4 million as of NovemberB 30, 2013.

Supplemental_Financial_Informa4

Supplemental Financial Information (Condensed Consolidating Statement Of Operations) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Condensed Financial Statements, Captions [Line Items]	'		'
Total revenues	$1,363,095	[1]	$990,243	[1]
Corporate general and administrative	38,112		31,270
Total costs and expenses	1,236,457		925,321
Other interest expense	-12,691		-26,031
Earnings (loss) before income taxes	125,876		53,321
Provision (Benefit) for income taxes	45,911		-3,637
Equity In Income (Loss) From Subsidiaries	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	79,965		56,958
Less: Net earnings (loss) attributable to noncontrolling interests	1,848		-534
Net earnings attributable to Lennar	78,117		57,492
Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Total revenues	'		'
Corporate general and administrative	36,846		30,005
Total costs and expenses	36,846		30,005
Other interest expense	-1,429		-1,421
Earnings (loss) before income taxes	-38,275		-31,198
Provision (Benefit) for income taxes	-14,169		-7,402
Equity In Income (Loss) From Subsidiaries	102,223		81,288
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	78,117		57,492
Less: Net earnings (loss) attributable to noncontrolling interests	'		'
Net earnings attributable to Lennar	78,117		57,492
Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Total revenues	1,270,057		904,817
Corporate general and administrative	'		'
Total costs and expenses	1,115,974		816,870
Other interest expense	-12,691		-26,031
Earnings (loss) before income taxes	149,507		68,213
Provision (Benefit) for income taxes	55,360		-2,950
Equity In Income (Loss) From Subsidiaries	5,566		8,388
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	99,713		79,551
Less: Net earnings (loss) attributable to noncontrolling interests	'		'
Net earnings attributable to Lennar	99,713		79,551
Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Total revenues	98,379		90,632
Corporate general and administrative	'		'
Total costs and expenses	87,539		82,449
Other interest expense	'		'
Earnings (loss) before income taxes	14,644		16,306
Provision (Benefit) for income taxes	4,720		6,715
Equity In Income (Loss) From Subsidiaries	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	9,924		9,591
Less: Net earnings (loss) attributable to noncontrolling interests	1,848		-534
Net earnings attributable to Lennar	8,076		10,125
Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Total revenues	-5,341		-5,206
Corporate general and administrative	1,266		1,265
Total costs and expenses	-3,902		-4,003
Other interest expense	1,429		1,421
Earnings (loss) before income taxes	'		'
Provision (Benefit) for income taxes	'		'
Equity In Income (Loss) From Subsidiaries	-107,789		-89,676
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	-107,789		-89,676
Less: Net earnings (loss) attributable to noncontrolling interests	'		'
Net earnings attributable to Lennar	-107,789		-89,676
Lennar Homebuilding [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	1,231,385		868,444
Lennar Homebuilding, Cost and expenses	1,064,355		778,674
Equity in earnings (loss) from unconsolidated entities	4,990	[2]	-864	[2]
Other income (expense), net	2,889		7,797
Lennar Homebuilding [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	'		'
Lennar Homebuilding, Cost and expenses	'		'
Equity in earnings (loss) from unconsolidated entities	'		'
Other income (expense), net	'		228
Lennar Homebuilding [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	1,231,385		868,444
Lennar Homebuilding, Cost and expenses	1,067,352		776,024
Equity in earnings (loss) from unconsolidated entities	5,311		-1,487
Other income (expense), net	2,879		7,787
Lennar Homebuilding [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	0		0
Lennar Homebuilding, Cost and expenses	-2,457		3,022
Equity in earnings (loss) from unconsolidated entities	-321		623
Other income (expense), net	'		'
Lennar Homebuilding [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	'		'
Lennar Homebuilding, Cost and expenses	-540		-372
Equity in earnings (loss) from unconsolidated entities	'		'
Other income (expense), net	10		-218
Lennar Financial Services [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Financial Services Revenue	76,952		95,880
Lennar Financial Services, Cost and expenses	72,487		79,778
Lennar Financial Services [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Financial Services Revenue	'		'
Lennar Financial Services, Cost and expenses	'		'
Lennar Financial Services [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Financial Services Revenue	30,869		36,076
Lennar Financial Services, Cost and expenses	34,695		37,018
Lennar Financial Services [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Financial Services Revenue	51,424		65,010
Lennar Financial Services, Cost and expenses	42,420		47,656
Lennar Financial Services [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Financial Services Revenue	-5,341		-5,206
Lennar Financial Services, Cost and expenses	-4,628		-4,896
Rialto Investments [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Rialto Investments, Revenues	46,955		25,622
Rialto Investments, Cost and expenses	47,576		31,771
Equity in earnings (loss) from unconsolidated entities	5,354		6,173
Other income (expense), net	-1,229		1,327
Less: Net earnings (loss) attributable to noncontrolling interests	935		-300
Rialto Investments [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Rialto Investments, Revenues	'		'
Rialto Investments, Cost and expenses	'		'
Equity in earnings (loss) from unconsolidated entities	'		'
Other income (expense), net	'		'
Rialto Investments [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Rialto Investments, Revenues	'		'
Rialto Investments, Cost and expenses	0		'
Equity in earnings (loss) from unconsolidated entities	'		'
Other income (expense), net	'		'
Rialto Investments [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Rialto Investments, Revenues	46,955		25,622
Rialto Investments, Cost and expenses	47,576		31,771
Equity in earnings (loss) from unconsolidated entities	5,354		6,173
Other income (expense), net	-1,229		1,327
Rialto Investments [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Rialto Investments, Revenues	'		'
Rialto Investments, Cost and expenses	0		'
Equity in earnings (loss) from unconsolidated entities	'		'
Other income (expense), net	'		'
Lennar Multifamily [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	7,803		297
Cost of Real Estate Revenue	13,927		3,828
Equity in earnings (loss) from unconsolidated entities	-75		-3
Lennar Multifamily [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	0		0
Cost of Real Estate Revenue	0		0
Equity in earnings (loss) from unconsolidated entities	0		0
Lennar Multifamily [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	7,803		297
Cost of Real Estate Revenue	13,927		3,828
Equity in earnings (loss) from unconsolidated entities	-75		-3
Lennar Multifamily [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	0		0
Cost of Real Estate Revenue	0		0
Equity in earnings (loss) from unconsolidated entities	0		0
Lennar Multifamily [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Real estate revenues	0		0
Cost of Real Estate Revenue	0		0
Equity in earnings (loss) from unconsolidated entities	$0		$0

[1]	Total revenues are net of sales incentives of $76.5 million ($21,300 per home delivered) for the three months ended February 28, 2014 and $74.0 million ($23,300 per home delivered) for the three months ended February 28, 2013.
[2]	For the three months ended February 28, 2014, Lennar Homebuilding equity in earnings (loss) from unconsolidated entities includes $4.5 million of equity in earnings primarily as a result of a third party land sale by one unconsolidated entity.

Supplemental_Financial_Informa5

Supplemental Financial Information (Condensed Consolidating Statement Of Cash Flows) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014		Feb. 28, 2013
Condensed Financial Statements, Captions [Line Items]	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	$79,965		$56,958
Distributions of earnings from subsidiaries	0		0
Adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	-474,572		-378,450
Net cash provided by (used in) operating activities	-394,607		-321,492
Other	-25,537		-22,425
Distributions of capital from subsidiaries	0		'
Intercompany investing	0		0
Net cash provided by (used in) investing activities	75,270		260,046
Net proceeds from senior notes	496,305		445,270
Principal repayments on Rialto Investments notes payable	-2,101		-304,123
Proceeds from (Repayments of) Other Debt	-72,170		-5,834
Exercise of land option contracts from an unconsolidated land investment venture	-1,540		-1,270
Net payments related to noncontrolling interests	-32,535		-12,151
Excess tax benefits from share-based awards	137		3,013
Issuances	12,420		21,668
Dividends	-8,169		-7,693
Intercompany Financing	'		'
Net cash used in financing activities	223,130		-7,181
Net decrease in cash and cash equivalents	-96,207		-68,627
Cash and cash equivalents at beginning of period	970,505		1,310,743
Cash and cash equivalents at end of period	874,298		1,242,116
Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	78,117		57,492
Distributions of earnings from subsidiaries	102,223		73,558
Adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	-134,710		-104,457
Net cash provided by (used in) operating activities	45,630		26,593
Other	-157		'
Distributions of capital from subsidiaries	60,000		'
Intercompany investing	-672,239		-523,037
Net cash provided by (used in) investing activities	-612,396		-523,037
Net proceeds from senior notes	496,600		445,270
Principal repayments on Rialto Investments notes payable	'		'
Proceeds from (Repayments of) Other Debt	'		'
Exercise of land option contracts from an unconsolidated land investment venture	'		'
Net payments related to noncontrolling interests	'		'
Excess tax benefits from share-based awards	137		3,013
Issuances	12,420		21,668
Dividends	-8,169		-7,693
Intercompany Financing	'		'
Net cash used in financing activities	500,988		462,258
Net decrease in cash and cash equivalents	-65,778		-34,186
Cash and cash equivalents at beginning of period	547,101		953,478
Cash and cash equivalents at end of period	481,323		919,292
Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	99,713		79,551
Distributions of earnings from subsidiaries	5,566		8,388
Adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	-568,041		-500,585
Net cash provided by (used in) operating activities	-462,762		-412,646
Other	-16,229		-15,924
Distributions of capital from subsidiaries	0		'
Intercompany investing	0		0
Net cash provided by (used in) investing activities	39,348		-12,984
Net proceeds from senior notes	'		0
Principal repayments on Rialto Investments notes payable	'		'
Proceeds from (Repayments of) Other Debt	-72,097		-12,434
Exercise of land option contracts from an unconsolidated land investment venture	-1,540		-1,270
Net payments related to noncontrolling interests	'		'
Excess tax benefits from share-based awards	0		0
Issuances	'		'
Dividends	-99,713		-71,821
Intercompany Financing	609,943		507,524
Net cash used in financing activities	436,593		421,979
Net decrease in cash and cash equivalents	13,179		-3,651
Cash and cash equivalents at beginning of period	152,753		192,373
Cash and cash equivalents at end of period	165,932		188,722
Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	9,924		9,591
Distributions of earnings from subsidiaries	0		0
Adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	120,390		136,916
Net cash provided by (used in) operating activities	130,314		146,507
Other	-9,151		-6,501
Distributions of capital from subsidiaries	0		'
Intercompany investing	0		0
Net cash provided by (used in) investing activities	36,079		273,030
Net proceeds from senior notes	-295		0
Principal repayments on Rialto Investments notes payable	-2,101		-304,123
Proceeds from (Repayments of) Other Debt	-73		6,600
Exercise of land option contracts from an unconsolidated land investment venture	'		'
Net payments related to noncontrolling interests	-32,535		-12,151
Excess tax benefits from share-based awards	0		0
Issuances	'		'
Dividends	-68,076		-10,125
Intercompany Financing	62,296		15,513
Net cash used in financing activities	-210,001		-450,327
Net decrease in cash and cash equivalents	-43,608		-30,790
Cash and cash equivalents at beginning of period	270,651		164,892
Cash and cash equivalents at end of period	227,043		134,102
Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net earnings (including net earnings (loss) attributable to noncontrolling interests)	-107,789		-89,676
Distributions of earnings from subsidiaries	-107,789		-81,946
Adjustments to reconcile net earnings (including net earnings attributable to noncontrolling interests) to net cash provided by (used in) operating activities	107,789		89,676
Net cash provided by (used in) operating activities	-107,789		-81,946
Other	'		'
Distributions of capital from subsidiaries	-60,000		'
Intercompany investing	672,239		523,037
Net cash provided by (used in) investing activities	612,239		523,037
Net proceeds from senior notes	'		0
Principal repayments on Rialto Investments notes payable	'		'
Proceeds from (Repayments of) Other Debt	'		'
Exercise of land option contracts from an unconsolidated land investment venture	'		'
Net payments related to noncontrolling interests	'		'
Excess tax benefits from share-based awards	0		0
Issuances	'		'
Dividends	167,789		81,946
Intercompany Financing	-672,239		-523,037
Net cash used in financing activities	-504,450		-441,091
Net decrease in cash and cash equivalents	'		'
Cash and cash equivalents at beginning of period	'		'
Cash and cash equivalents at end of period	'		'
Lennar Homebuilding [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	29,500		-5,924
Cash and cash equivalents at beginning of period	695,424	[1]	'
Cash and cash equivalents at end of period	645,691	[1]	1,112,163
Lennar Homebuilding [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Lennar Homebuilding [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	28,767		-5,732
Lennar Homebuilding [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	733		-192
Lennar Homebuilding [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Rialto Investments [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	-13,124		7,680
Increase (Decrease) In Defeasance Cash To Retire Notes Payable	0		-219,158
Receipts of principal payments on Rialto Investments loans receivable	6,879		18,434
Proceeds from sales of Rialto Investments real estate owned	50,742		34,451
Net repayments under Lennar Financial Services debt	-18,169		0
Principal repayments on Rialto Investments notes payable	-2,101		-304,123
Cash and cash equivalents at beginning of period	201,496	[1]	'
Cash and cash equivalents at end of period	169,404	[1]	64,188
Rialto Investments [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Increase (Decrease) In Defeasance Cash To Retire Notes Payable	'		'
Receipts of principal payments on Rialto Investments loans receivable	'		'
Proceeds from sales of Rialto Investments real estate owned	'		'
Net repayments under Lennar Financial Services debt	'		'
Rialto Investments [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Increase (Decrease) In Defeasance Cash To Retire Notes Payable	'		'
Receipts of principal payments on Rialto Investments loans receivable	'		'
Proceeds from sales of Rialto Investments real estate owned	'		'
Net repayments under Lennar Financial Services debt	'		'
Rialto Investments [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	-13,124		7,680
Increase (Decrease) In Defeasance Cash To Retire Notes Payable	'		-219,158
Receipts of principal payments on Rialto Investments loans receivable	6,879		18,434
Proceeds from sales of Rialto Investments real estate owned	50,742		34,451
Net repayments under Lennar Financial Services debt	-18,169		'
Rialto Investments [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Increase (Decrease) In Defeasance Cash To Retire Notes Payable	'		'
Receipts of principal payments on Rialto Investments loans receivable	'		'
Proceeds from sales of Rialto Investments real estate owned	'		'
Net repayments under Lennar Financial Services debt	'		'
Lennar Multifamily [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	26,810		8,672
Cash and cash equivalents at beginning of period	519		'
Cash and cash equivalents at end of period	2,496		565
Lennar Multifamily [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Lennar Multifamily [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	26,810		8,672
Lennar Multifamily [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Lennar Multifamily [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Investments in and contributions to unconsolidated entities, net	'		'
Lennar Financial Services [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net repayments under Lennar Financial Services debt	-151,048		-146,061
Cash and cash equivalents at beginning of period	73,066		'
Cash and cash equivalents at end of period	56,707		65,200
Lennar Financial Services [Member] \| Parent Company [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net repayments under Lennar Financial Services debt	'		'
Lennar Financial Services [Member] \| Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net repayments under Lennar Financial Services debt	'		-20
Lennar Financial Services [Member] \| Non-Guarantor Subsidiaries [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net repayments under Lennar Financial Services debt	-151,048		-146,041
Lennar Financial Services [Member] \| Consolidation, Eliminations [Member]	'		'
Condensed Financial Statements, Captions [Line Items]	'		'
Net repayments under Lennar Financial Services debt	'		'

[1]	Under certain provisions of Accounting Standards Codification (bASCb) Topic 810, Consolidations, (bASC 810b) the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities (bVIEsb) and liabilities of consolidated VIEs as to which neither Lennar Corporation, or any of its subsidiaries, has any obligations.As of FebruaryB 28, 2014, total assets include $1,106.4 million related to consolidated VIEs of which $10.6 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $8.6 million in Lennar Homebuilding receivables, net, $94.2 million in Lennar Homebuilding land and land under development, $176.8 million in Lennar Homebuilding consolidated inventory not owned, $13.6 million in Lennar Homebuilding investments in unconsolidated entities, $85.4 million in Lennar Homebuilding other assets, $36.9 million in Rialto Investments ("Rialto") cash and cash equivalents, $232.9 million in Rialto loans receivable, net, $117.6 million in Rialto real estate owned, held-for-sale, $286.3 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities, $2.0 million in Rialto other assets and $22.9 million in Lennar Multifamily assets.As of NovemberB 30, 2013, total assets include $1,195.3 million related to consolidated VIEs of which $8.3 million is included in Lennar Homebuilding cash and cash equivalents, $17.7 million in Lennar Homebuilding restricted cash, $2.4 million in Lennar Homebuilding receivables, net, $94.8 million in Lennar Homebuilding land and land under development, $243.6 million in Lennar Homebuilding consolidated inventory not owned, $14.7 million in Lennar Homebuilding investments in unconsolidated entities, $86.8 million in Lennar Homebuilding other assets, $44.8 million in Rialto cash and cash equivalents, $244.0 million in Rialto loans receivable, net, $122.0 million in Rialto real estate owned, held-for-sale, $313.8 million in Rialto real estate owned, held-and-used, net, $0.7 million in Rialto investments in unconsolidated entities and $1.8 million in Rialto other assets.