10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001628280-18-010213`
Period End Date	20180630
Filing Date	20180801
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	tmhc-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 84 Cash Flow Statement 81 Stockholders Equity 17 Comprehensive Income 12

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$320.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$573.92M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.58M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.32M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.81M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.42M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.50M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.09M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	112.25M	shares	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$3.19B	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`	$2.96B	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
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$2.53M	USD	Point-in-time
Real estate not owned under option agreements	`InventoryRealEstateNotOwned`	$1.46M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$2.96B	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 real estate inventory	`InventoryRealEstate`	$3.20B	USD	Point-in-time
Land deposits	`DepositsAssets`	$49.77M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Land deposits	`DepositsAssets`	$40.51M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$99.61M	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	3.05M	shares	Point-in-time
Mortgage loans held for sale	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage`	$187.04M	USD	Point-in-time
Treasury stock, shares held (in shares)	`TreasuryStockShares`	3.05M	shares	Point-in-time
Derivative assets	`DerivativeAssets`	$2.89M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$1.58M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$72.33M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$52.03M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$94.32M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$94.49M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$189.73M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$192.36M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$117.89M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$118.14M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$38.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$7.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.13M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Goodwill	`Goodwill`	$66.20M	USD	Point-in-time
Total assets	`Assets`	$4.22B	USD	Point-in-time
Total assets	`Assets`	$4.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$140.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$160.05M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$201.54M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$167.31M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$14.45M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrentAndNoncurrent`	$4.53M	USD	Point-in-time
Customer deposits	`CustomerAdvancesAndDeposits`	$132.53M	USD	Point-in-time
Customer deposits	`CustomerAdvancesAndDeposits`	$191.89M	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`	$139.45M	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$136.51M	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`	$118.82M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$49.82M	USD	Point-in-time
Liabilities attributable to real estate not owned under option agreements	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$1.46M	USD	Point-in-time
Liabilities attributable to real estate not owned under option agreements	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$2.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.96B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.98B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`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, 2018 and December 31, 2017	`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, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.34B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.88B	USD	Point-in-time
Treasury stock at cost, 3,049,257 shares as of June 30, 2018 and December 31, 2017	`TreasuryStockValue`	$47.62M	USD	Point-in-time
Treasury stock at cost, 3,049,257 shares as of June 30, 2018 and December 31, 2017	`TreasuryStockValue`	$47.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$425.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$319.83M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.97M	USD	Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation	`StockholdersEquity`	$2.24B	USD	Point-in-time
Total stockholders equity attributable to Taylor Morrison Home Corporation	`StockholdersEquity`	$1.60B	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.66M	USD	Point-in-time
Non-controlling interests joint ventures	`MinorityInterestInJointVentures`	$1.36M	USD	Point-in-time
Non-controlling interests	`MinorityInterestInLimitedPartnerships`	$748.76M	USD	Point-in-time
Non-controlling interests	`MinorityInterestInLimitedPartnerships`	$19.91M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.22B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Financial services revenue	`FinancialServicesRevenue1`	$16.27M	USD	1 Quarter
Financial services revenue	`FinancialServicesRevenue1`	$15.63M	USD	1 Quarter
Financial services revenue	`FinancialServicesRevenue1`	$29.88M	USD	2 Qtrs
Financial services revenue	`FinancialServicesRevenue1`	$30.47M	USD	2 Qtrs
Total revenues	`Revenues`	$980.83M	USD	1 Quarter
Total revenues	`Revenues`	$1.73B	USD	2 Qtrs
Total revenues	`Revenues`	$1.68B	USD	2 Qtrs
Total revenues	`Revenues`	$908.49M	USD	1 Quarter
Financial services expenses	`FinancialServicesCosts1`	$18.80M	USD	2 Qtrs
Financial services expenses	`FinancialServicesCosts1`	$10.10M	USD	1 Quarter
Financial services expenses	`FinancialServicesCosts1`	$11.15M	USD	1 Quarter
Financial services expenses	`FinancialServicesCosts1`	$21.20M	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$802.12M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$1.41B	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$737.07M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$1.36B	USD	2 Qtrs
Gross margin	`GrossProfit`	$313.11M	USD	2 Qtrs
Gross margin	`GrossProfit`	$178.71M	USD	1 Quarter
Gross margin	`GrossProfit`	$171.42M	USD	1 Quarter
Gross margin	`GrossProfit`	$321.81M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$117.13M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$61.52M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$64.60M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$118.30M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$68.78M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$67.02M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$33.89M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$35.46M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$7.26M	USD	2 Qtrs
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$3.07M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$4.02M	USD	1 Quarter
Equity in income of unconsolidated entities	`EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems`	$4.16M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$89.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$619.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$179.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$276.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.09M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-413.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-764.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.65M	USD	1 Quarter
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$138.52M	USD	2 Qtrs
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.41M	USD	1 Quarter
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.28M	USD	1 Quarter
Income/(loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$132.88M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$31.70M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$19.99M	USD	1 Quarter
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`	$91.53M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$55.93M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$59.29M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$106.82M	USD	2 Qtrs
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`	$198.00K	USD	2 Qtrs
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$140.00K	USD	1 Quarter
Net income attributable to non-controlling interests joint ventures	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$269.00K	USD	2 Qtrs
Net income before non-controlling interests	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$91.33M	USD	2 Qtrs
Net income before non-controlling interests	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$59.15M	USD	1 Quarter
Net income before non-controlling interests	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$106.56M	USD	2 Qtrs
Net income before non-controlling interests	`NetIncomeBeforeNoncontrollingInterestsPrincipalEquityholders`	$55.72M	USD	1 Quarter
Net income attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$3.13M	USD	2 Qtrs
Net income attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$474.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$54.16M	USD	2 Qtrs
Net income attributable to non-controlling interests	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$28.32M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$37.17M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$103.42M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$58.68M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$27.40M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.93	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.82M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.51M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.48M	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`	115.40M	shares	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$91.53M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$55.93M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$59.29M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$106.82M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$4.16M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$7.26M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.85M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.29M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$3.50M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$3.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.31M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.10M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$1.65M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfFinancingCosts`	$1.91M	USD	2 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$613.00K	USD	2 Qtrs
Contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$146.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.29M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$246.00K	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$200.80M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$228.28M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-74.09M	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`	$59.36M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.12M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-641.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.51M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.97M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$915.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.59M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$9.96M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$3.29M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$3.37M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$23.60M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.22M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$8.64M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$18.30M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$8.35M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$8.05M	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$311.88M	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$388.35M	USD	2 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$380.88M	USD	2 Qtrs
Repayment on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$523.77M	USD	2 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	$265.00K	USD	2 Qtrs
Payment of contingent consideration	`PaymentOfContingentConsideration`	-	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.59M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.73M	USD	2 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	$882.31M	USD	2 Qtrs
Proceeds from issuance of shares from secondary offerings	`ProceedsFromIssuanceOfCommonStock`	$767.12M	USD	2 Qtrs
TMHC repurchase and cancellation of New TMM Units from principal equityholders	`PaymentsForRepurchaseOfCommonStock`	$201.78M	USD	2 Qtrs
Repurchase of shares from principal equityholders	`PaymentsToMinorityShareholders`	$768.12M	USD	2 Qtrs
Repurchase of shares from principal equityholders	`PaymentsToMinorityShareholders`	$884.30M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.49M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$289.00K	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-100.00K	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-573.00K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-132.47M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-262.57M	USD	2 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-254.08M	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`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.42M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.50M	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`	$301.81M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.42M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$575.50M	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`	$21.52M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$46.13M	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`	$24.28M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-2.25M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-1.06M	USD	2 Qtrs
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09	`ChangeInPrepaidExpensesAndOtherAssetsAdoptionOfAccountingPrinciple`	$-32.00M	USD	2 Qtrs
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09	`ChangeInPrepaidExpensesAndOtherAssetsAdoptionOfAccountingPrinciple`	-	USD	2 Qtrs
Change in Property and equipment, net due to adoption of ASU 2014-09	`ChangeInPropertyAndEquipmentAdoptionOfAccountingPrinciple`	$32.00M	USD	2 Qtrs
Change in Property and equipment, net due to adoption of ASU 2014-09	`ChangeInPropertyAndEquipmentAdoptionOfAccountingPrinciple`	-	USD	2 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time
Cumulative-effect adjustment to Retained Earnings related to adoption of ASU No. 2014-09	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$1.98M	USD	Point-in-time
Net income	`ProfitLoss`	$91.53M	USD	2 Qtrs
Net income	`ProfitLoss`	$55.93M	USD	1 Quarter
Net income	`ProfitLoss`	$59.29M	USD	1 Quarter
Net income	`ProfitLoss`	$106.82M	USD	2 Qtrs
Exchange of New TMM Units and corresponding number of Class B Common Stock	`ConversionOfStockAmountIssued1`	-	USD	2 Qtrs
TMHC repurchase and cancellation of New TMM Units from Principal Equityholders	`StockRepurchasedAndRetiredDuringPeriodValue`	$201.78M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.59M	USD	2 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$1.49M	USD	2 Qtrs
Exchange of B shares from secondary offerings	`StockIssuedDuringPeriodValueNewIssues`	$729.95M	USD	2 Qtrs
Repurchase of New TMM Units from Principal Equityholders	`MinorityInterestDecreaseFromRedemptions`	$730.96M	USD	2 Qtrs
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$6.29M	USD	2 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-573.00K	USD	2 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.26B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Income before non-controlling interests, net of tax	`ProfitLoss`	$91.53M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$55.93M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$59.29M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$106.82M	USD	2 Qtrs
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.13M	USD	2 Qtrs
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$54.16M	USD	2 Qtrs
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$474.00K	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.32M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$27.40M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$103.42M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$37.17M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$58.68M	USD	1 Quarter

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