Investments in Unconsolidated Entities (Homebuilding Unconsolidated Entities) (Details) - USD ($)
$ in Thousands
Feb. 28, 2022
Nov. 30, 2021
FivePoint Unconsolidated Entity    
Schedule of Equity Method Investments [Line Items]    
Investments in unconsolidated entities $ 376,600 $ 381,600
Unconsolidated entities ownership percentage 40.00%  
Homebuilding    
Schedule of Equity Method Investments [Line Items]    
Investments in unconsolidated entities [1] $ 1,066,256 972,084
Underlying equity in unconsolidated partners' net assets $ 1,405,719 $ 1,301,719
[1] Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations ("ASC 810"), the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities ("VIEs") and liabilities of consolidated VIEs as to which neither Lennar Corporation, nor any of its subsidiaries, has any obligations.
As of February 28, 2022, total assets include $1.1 billion related to consolidated VIEs of which $66.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $703.4 million in Homebuilding land and land under development, $218.3 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $22.1 million in Homebuilding other assets and $59.4 million in Multifamily assets.
As of November 30, 2021, total assets include $1.1 billion related to consolidated VIEs of which $60.9 million is included in Homebuilding cash and cash equivalents, $4.4 million in Homebuilding receivables, net, $14.3 million in Homebuilding finished homes and construction in progress, $697.1 million in Homebuilding land and land under development, $239.2 million in Homebuilding consolidated inventory not owned, $1.1 million in Homebuilding investments in unconsolidated entities, $17.4 million in Homebuilding other assets and $80.6 million in Multifamily assets.