10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001628280-17-007874`
Period End Date	20170630
Filing Date	20170802
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	tmhc-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 100 Cash Flow Statement 86 Stockholders Equity 14 Comprehensive Income 20

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.48M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.63M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.61M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$248.09M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$301.81M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	119.75M	shares	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$3.20B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$3.01B	USD	Point-in-time
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$4.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$6.25M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$3.02B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$3.20B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Land deposits	`DepositsAssets`	$52.98M	USD	Point-in-time
Land deposits	`DepositsAssets`	$37.23M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$233.18M	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	2.85M	shares	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	2.85M	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$110.91M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$2.29M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$1.80M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$73.42M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$76.24M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$115.25M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$101.45M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$157.91M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$178.88M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNet`	$206.63M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNet`	$212.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.66M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.19M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Total assets	`Assets`	$4.26B	USD	Point-in-time
Total assets	`Assets`	$4.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$168.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$136.64M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$175.56M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$209.20M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$12.04M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$10.53M	USD	Point-in-time
Customer deposits	`CustomerAdvancesAndDeposits`	$182.44M	USD	Point-in-time
Customer deposits	`CustomerAdvancesAndDeposits`	$111.57M	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$1.24B	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$1.24B	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$152.76M	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$150.49M	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	-	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	-	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$63.15M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$198.56M	USD	Point-in-time
Liabilities attributable to real estate not owned under option agreements	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$4.00M	USD	Point-in-time
Liabilities attributable to real estate not owned under option agreements	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$6.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.00B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.06B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.14B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$384.71M	USD	Point-in-time
Treasury stock at cost; 2,853,433 shares as of June 30, 2017 and December 31, 2016	`TreasuryStockValue`	$43.52M	USD	Point-in-time
Treasury stock at cost; 2,853,433 shares as of June 30, 2017 and December 31, 2016	`TreasuryStockValue`	$43.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$265.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$228.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.99M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.99M	USD	Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation	`StockholdersEquity`	$551.81M	USD	Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation	`StockholdersEquity`	$1.34B	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.52M	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.62M	USD	Point-in-time
Non-controlling interests Principal Equityholders	`MinorityInterestInLimitedPartnerships`	$1.61B	USD	Point-in-time
Non-controlling interests Principal Equityholders	`MinorityInterestInLimitedPartnerships`	$914.81M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.26B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.22B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Home closings revenue, net	`HomeBuildingRevenue`	$1.64B	USD	2 Qtrs
Home closings revenue, net	`HomeBuildingRevenue`	$829.88M	USD	1 Quarter
Home closings revenue, net	`HomeBuildingRevenue`	$1.46B	USD	2 Qtrs
Home closings revenue, net	`HomeBuildingRevenue`	$889.10M	USD	1 Quarter
Land closings revenue	`LandSales`	$10.94M	USD	1 Quarter
Land closings revenue	`LandSales`	$3.76M	USD	1 Quarter
Land closings revenue	`LandSales`	$7.12M	USD	2 Qtrs
Land closings revenue	`LandSales`	$17.54M	USD	2 Qtrs
Mortgage operations revenue	`RevenueOtherFinancialServices`	$23.14M	USD	2 Qtrs
Mortgage operations revenue	`RevenueOtherFinancialServices`	$29.88M	USD	2 Qtrs
Mortgage operations revenue	`RevenueOtherFinancialServices`	$13.50M	USD	1 Quarter
Mortgage operations revenue	`RevenueOtherFinancialServices`	$15.63M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$908.49M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$1.68B	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$1.50B	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$854.32M	USD	1 Quarter
Cost of home closings	`HomeBuildingCosts`	$724.50M	USD	1 Quarter
Cost of home closings	`HomeBuildingCosts`	$679.68M	USD	1 Quarter
Cost of home closings	`HomeBuildingCosts`	$1.34B	USD	2 Qtrs
Cost of home closings	`HomeBuildingCosts`	$1.19B	USD	2 Qtrs
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$2.47M	USD	1 Quarter
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$12.32M	USD	2 Qtrs
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$4.87M	USD	2 Qtrs
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$6.69M	USD	1 Quarter
Mortgage operations expenses	`OtherFinancialServicesCosts`	$8.19M	USD	1 Quarter
Mortgage operations expenses	`OtherFinancialServicesCosts`	$18.80M	USD	2 Qtrs
Mortgage operations expenses	`OtherFinancialServicesCosts`	$14.72M	USD	2 Qtrs
Mortgage operations expenses	`OtherFinancialServicesCosts`	$10.10M	USD	1 Quarter
Total cost of revenues	`CostOfRealEstateRevenue`	$1.22B	USD	2 Qtrs
Total cost of revenues	`CostOfRealEstateRevenue`	$737.07M	USD	1 Quarter
Total cost of revenues	`CostOfRealEstateRevenue`	$1.36B	USD	2 Qtrs
Total cost of revenues	`CostOfRealEstateRevenue`	$694.56M	USD	1 Quarter
Gross margin	`GrossProfit`	$159.75M	USD	1 Quarter
Gross margin	`GrossProfit`	$171.42M	USD	1 Quarter
Gross margin	`GrossProfit`	$278.39M	USD	2 Qtrs
Gross margin	`GrossProfit`	$313.11M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$107.02M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$59.18M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$61.52M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$117.13M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$33.89M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$67.02M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$61.13M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$31.71M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$3.09M	USD	2 Qtrs
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$4.16M	USD	2 Qtrs
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$2.31M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$3.07M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$102.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$89.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$15.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$179.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-764.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-413.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.67M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$132.88M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.76M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.77M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$22.10M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$34.99M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$41.35M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$22.48M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$71.77M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$91.53M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$45.66M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$55.93M	USD	1 Quarter
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$207.00K	USD	1 Quarter
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$480.00K	USD	2 Qtrs
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$198.00K	USD	2 Qtrs
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$296.00K	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$45.37M	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$55.72M	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$91.33M	USD	2 Qtrs
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$71.29M	USD	2 Qtrs
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$28.32M	USD	1 Quarter
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$33.68M	USD	1 Quarter
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$52.79M	USD	2 Qtrs
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$54.16M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$37.17M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$11.69M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$27.40M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$18.50M	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.58	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.58	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.74M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.82M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.57M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.22M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$71.77M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$91.53M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$45.66M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$55.93M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$3.09M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$4.16M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.85M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$5.92M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$3.50M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$1.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.10M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$1.91M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$1.93M	USD	2 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$613.00K	USD	2 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$2.35M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-969.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.29M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$200.80M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$62.91M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-43.73M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-132.99M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$70.87M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$47.05M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-21.58M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-641.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-22.18M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.51M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.97M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.67M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$915.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$187.00K	USD	2 Qtrs
Payments for business acquisitions	`PaymentsToAcquireBusinessesGross`	$52.82M	USD	2 Qtrs
Payments for business acquisitions	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$1.66M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$3.29M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$23.60M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$21.64M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.99M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.22M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$36.63M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$8.64M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$30.53M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$8.05M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	-	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	$240.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	-	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	$140.00M	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$527.03M	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$388.35M	USD	2 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$523.77M	USD	2 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$592.37M	USD	2 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	$3.10M	USD	2 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	-	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.73M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	$882.31M	USD	2 Qtrs
Repurchase of shares from principal equity holders	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Repurchase of shares from principal equity holders	`PaymentsToMinorityShareholders`	$884.30M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$24.71M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$289.00K	USD	2 Qtrs
Distributions to (contributions from) non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$86.00K	USD	2 Qtrs
Distributions to (contributions from) non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-100.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.03M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-132.47M	USD	2 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.71M	USD	2 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-53.72M	USD	2 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.47M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.18M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.09M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.47M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.18M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.09M	USD	Point-in-time
Income taxes paid, net	`IncomeTaxesPaidNet`	$46.13M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$58.14M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$31.30M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$22.71M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-2.25M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-7.31M	USD	2 Qtrs
Original accrual of contingent consideration for business combinations	`NoncashInvestingAndFinancingContingentConsideration`	-	USD	2 Qtrs
Original accrual of contingent consideration for business combinations	`NoncashInvestingAndFinancingContingentConsideration`	$380.00K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time
Income before non-controlling interests, net of tax	`ProfitLoss`	$71.77M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$91.53M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$45.66M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$55.93M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.73M	USD	2 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-289.00K	USD	2 Qtrs
Exchange of (repurchase) of B shares from secondary offerings, shares	`StockIssuedDuringPeriodValueNewIssues`	$748.20M	USD	2 Qtrs
Repurchase of New TMM Units from principal equityholders	`MinorityInterestDecreaseFromRedemptions`	$750.19M	USD	2 Qtrs
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$6.85M	USD	2 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-100.00K	USD	2 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Income before non-controlling interests, net of tax	`ProfitLoss`	$71.77M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$91.53M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$45.66M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$55.93M	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	$-447.00K	USD	2 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	2 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-447.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$71.32M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$45.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$91.53M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.93M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$37.17M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$18.38M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$11.69M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$27.40M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.