v3.25.2
Homebuilding Senior Notes and Other Debts Payable (Schedule of Senior Notes and Other Debts Payable) (Details) - Homebuilding - USD ($)
$ in Thousands
May 31, 2025
Nov. 30, 2024
Debt Instrument [Line Items]    
Senior notes and other debts payable, net [1] $ 2,791,987 $ 2,258,283
Senior Notes | 5.25% senior notes due 2026    
Debt Instrument [Line Items]    
Interest rate (percent) 5.25%  
Senior notes and other debts payable, net $ 401,216 401,824
Senior Notes | 5.00% senior notes due 2027    
Debt Instrument [Line Items]    
Interest rate (percent) 5.00%  
Senior notes and other debts payable, net $ 350,782 350,974
Senior Notes | 4.75% senior notes due 2027    
Debt Instrument [Line Items]    
Interest rate (percent) 4.75%  
Senior notes and other debts payable, net $ 698,555 698,266
Senior Notes | 5.20% senior notes due 2030    
Debt Instrument [Line Items]    
Interest rate (percent) 5.20%  
Senior notes and other debts payable, net $ 693,540 0
Senior Notes | 4.75% senior notes due 2025    
Debt Instrument [Line Items]    
Interest rate (percent) 4.75%  
Senior notes and other debts payable, net $ 0 499,779
Mortgage notes on land and other debt    
Debt Instrument [Line Items]    
Senior notes and other debts payable, net 247,894 307,440
Unsecured Debt | Unsecured revolving credit facility    
Debt Instrument [Line Items]    
Senior notes and other debts payable, net $ 400,000 $ 0
[1] As of May 31, 2025, total liabilities include $1.7 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $31.0 million is included in Homebuilding accounts payable, $1.7 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debt payable, $0.8 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.
As of November 30, 2024, total liabilities include $2.7 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $67.3 million is included in Homebuilding accounts payable, $2.6 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debts payable, net, $45.8 million in Homebuilding other liabilities, and $1.0 million in Multifamily liabilities.