10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001628280-17-010544`
Period End Date	20170930
Filing Date	20171102
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	tmhc-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 100 Cash Flow Statement 86 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.86M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.63M	USD	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 cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$266.18M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$301.81M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$3.01B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$3.24B	USD	Point-in-time
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$6.25M	USD	Point-in-time
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$3.11M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$3.02B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$3.24B	USD	Point-in-time
Land deposits	`DepositsAssets`	$37.23M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	119.56M	shares	Point-in-time
Land deposits	`DepositsAssets`	$50.88M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$107.67M	USD	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$233.18M	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	3.05M	shares	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	2.85M	shares	Point-in-time
Derivative assets	`DerivativeAssets`	$2.29M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$2.04M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$72.55M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$73.42M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$115.25M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$98.95M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$157.91M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$184.82M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$206.63M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$215.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.59M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.19M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.40M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Total assets	`Assets`	$4.32B	USD	Point-in-time
Total assets	`Assets`	$4.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$136.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$146.26M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$190.38M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$209.20M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$10.53M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$15.02M	USD	Point-in-time
Customer deposits	`CustomerAdvancesAndDeposits`	$185.60M	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`	$161.80M	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`	$61.29M	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`	$3.11M	USD	Point-in-time
Liabilities attributable to real estate not owned under option agreements	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$6.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.06B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.00B	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 September 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 September 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; 3,049,257 and 2,853,433 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$43.52M	USD	Point-in-time
Treasury stock at cost; 3,049,257 and 2,853,433 shares as of September 30, 2017 and December 31, 2016, respectively	`TreasuryStockValue`	$47.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$228.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$297.40M	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`	$1.37B	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.52M	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.86M	USD	Point-in-time
Non-controlling interests Principal Equityholders	`MinorityInterestInLimitedPartnerships`	$938.79M	USD	Point-in-time
Non-controlling interests Principal Equityholders	`MinorityInterestInLimitedPartnerships`	$1.61B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.32B	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`	$886.25M	USD	1 Quarter
Home closings revenue, net	`HomeBuildingRevenue`	$2.53B	USD	3 Qtrs
Home closings revenue, net	`HomeBuildingRevenue`	$812.18M	USD	1 Quarter
Home closings revenue, net	`HomeBuildingRevenue`	$2.27B	USD	3 Qtrs
Land closings revenue	`LandSales`	$44.96M	USD	3 Qtrs
Land closings revenue	`LandSales`	$4.30M	USD	1 Quarter
Land closings revenue	`LandSales`	$27.42M	USD	1 Quarter
Land closings revenue	`LandSales`	$11.42M	USD	3 Qtrs
Mortgage operations revenue	`RevenueOtherFinancialServices`	$13.81M	USD	1 Quarter
Mortgage operations revenue	`RevenueOtherFinancialServices`	$17.48M	USD	1 Quarter
Mortgage operations revenue	`RevenueOtherFinancialServices`	$36.95M	USD	3 Qtrs
Mortgage operations revenue	`RevenueOtherFinancialServices`	$47.36M	USD	3 Qtrs
Total revenues	`RealEstateRevenueNet`	$853.42M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$908.03M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$2.35B	USD	3 Qtrs
Total revenues	`RealEstateRevenueNet`	$2.59B	USD	3 Qtrs
Cost of home closings	`HomeBuildingCosts`	$1.85B	USD	3 Qtrs
Cost of home closings	`HomeBuildingCosts`	$721.64M	USD	1 Quarter
Cost of home closings	`HomeBuildingCosts`	$2.06B	USD	3 Qtrs
Cost of home closings	`HomeBuildingCosts`	$658.51M	USD	1 Quarter
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$3.00M	USD	1 Quarter
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$7.87M	USD	3 Qtrs
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$20.50M	USD	3 Qtrs
Cost of land closings	`CostsOfRealEstateServicesAndLandSales`	$8.18M	USD	1 Quarter
Mortgage operations expenses	`OtherFinancialServicesCosts`	$7.88M	USD	1 Quarter
Mortgage operations expenses	`OtherFinancialServicesCosts`	$30.87M	USD	3 Qtrs
Mortgage operations expenses	`OtherFinancialServicesCosts`	$22.59M	USD	3 Qtrs
Mortgage operations expenses	`OtherFinancialServicesCosts`	$12.07M	USD	1 Quarter
Total cost of revenues	`CostOfRealEstateRevenue`	$736.71M	USD	1 Quarter
Total cost of revenues	`CostOfRealEstateRevenue`	$674.56M	USD	1 Quarter
Total cost of revenues	`CostOfRealEstateRevenue`	$2.10B	USD	3 Qtrs
Total cost of revenues	`CostOfRealEstateRevenue`	$1.90B	USD	3 Qtrs
Gross margin	`GrossProfit`	$484.43M	USD	3 Qtrs
Gross margin	`GrossProfit`	$457.25M	USD	3 Qtrs
Gross margin	`GrossProfit`	$178.85M	USD	1 Quarter
Gross margin	`GrossProfit`	$171.32M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$58.28M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$165.30M	USD	3 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$61.48M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$178.61M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$91.08M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.94M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$100.40M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$33.37M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$1.65M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$2.79M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$4.73M	USD	3 Qtrs
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$6.94M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$47.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$314.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$149.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$135.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.94M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-828.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.60M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-415.00K	USD	1 Quarter
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$197.15M	USD	3 Qtrs
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.97M	USD	1 Quarter
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$211.85M	USD	3 Qtrs
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.39M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$31.71M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$24.28M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$66.70M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$65.63M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$130.45M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$146.22M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$54.69M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$58.68M	USD	1 Quarter
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$625.00K	USD	3 Qtrs
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$856.00K	USD	3 Qtrs
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$427.00K	USD	1 Quarter
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$376.00K	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$54.27M	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$129.60M	USD	3 Qtrs
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$58.31M	USD	1 Quarter
Net income before non-controlling interests Principal Equityholders	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$145.60M	USD	3 Qtrs
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$21.39M	USD	1 Quarter
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$76.81M	USD	3 Qtrs
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$96.26M	USD	3 Qtrs
Net income attributable to non-controlling interests Principal Equityholders	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$43.47M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$33.34M	USD	3 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$68.79M	USD	3 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$14.84M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$32.88M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$1.07	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$1.21	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.21	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.43M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.79M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.47M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.87M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.99M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.18M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$130.45M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$146.22M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$54.69M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$58.68M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$4.73M	USD	3 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$6.94M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$8.96M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$10.23M	USD	3 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$2.54M	USD	3 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$4.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.00M	USD	3 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$2.89M	USD	3 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$2.86M	USD	3 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.52M	USD	3 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$766.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.03M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-969.00K	USD	3 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$103.76M	USD	3 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$243.34M	USD	3 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-141.81M	USD	3 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-76.28M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$74.03M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$44.78M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.02M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.41M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.49M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$142.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$132.78M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.84M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$934.00K	USD	3 Qtrs
Payments for business acquisitions	`PaymentsToAcquireBusinessesGross`	$52.82M	USD	3 Qtrs
Payments for business acquisitions	`PaymentsToAcquireBusinessesGross`	-	USD	3 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$3.55M	USD	3 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$4.22M	USD	3 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$28.85M	USD	3 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$24.51M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.72M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.47M	USD	3 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$55.72M	USD	3 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$8.64M	USD	3 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$11.30M	USD	3 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$65.08M	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	-	USD	3 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	$255.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	-	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfRevolvingCreditFacility`	$155.00M	USD	3 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$567.92M	USD	3 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$782.00M	USD	3 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$705.19M	USD	3 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$874.28M	USD	3 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	$3.10M	USD	3 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	-	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.79M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	$882.31M	USD	3 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Repurchase of shares from principal equity holders	`PaymentsToMinorityShareholders`	$884.40M	USD	3 Qtrs
Repurchase of shares from principal equity holders	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$4.10M	USD	3 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$28.54M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$307.00K	USD	3 Qtrs
Distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-60.00K	USD	3 Qtrs
Distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-292.00K	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.34M	USD	3 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-141.94M	USD	3 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-35.63M	USD	3 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.37M	USD	3 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.84M	USD	Point-in-time
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`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.18M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.84M	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`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.18M	USD	Point-in-time
Income taxes paid, net	`IncomeTaxesPaidNet`	$70.17M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$78.79M	USD	3 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$55.72M	USD	3 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$55.15M	USD	3 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-3.15M	USD	3 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-7.31M	USD	3 Qtrs
Original accrual of contingent consideration for business combinations	`NoncashInvestingAndFinancingContingentConsideration`	-	USD	3 Qtrs
Original accrual of contingent consideration for business combinations	`NoncashInvestingAndFinancingContingentConsideration`	$380.00K	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Net income	`ProfitLoss`	$130.45M	USD	3 Qtrs
Net income	`ProfitLoss`	$146.22M	USD	3 Qtrs
Net income	`ProfitLoss`	$54.69M	USD	1 Quarter
Net income	`ProfitLoss`	$58.68M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.79M	USD	3 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$307.00K	USD	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$4.10M	USD	3 Qtrs
Exchange of (repurchase) of B shares from secondary offerings	`StockIssuedDuringPeriodValueNewIssues`	$748.10M	USD	3 Qtrs
Repurchase of New TMM Units from principal equityholders	`MinorityInterestDecreaseFromRedemptions`	$750.19M	USD	3 Qtrs
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$10.23M	USD	3 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-292.00K	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Income before non-controlling interests, net of tax	`ProfitLoss`	$130.45M	USD	3 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$146.22M	USD	3 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$54.69M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$58.68M	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	3 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	$-447.00K	USD	3 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-447.00K	USD	3 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`	-	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$146.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$130.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$58.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.69M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$33.22M	USD	3 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$32.88M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$14.84M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$68.79M	USD	3 Qtrs

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