10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-014881`
Period End Date	20210630
Filing Date	20210729
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	tmhc-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 72 Cash Flow Statement 98 Stockholders Equity 55 Comprehensive Income 16

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$366.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$532.84M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.85M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$676.90M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.57M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.12M	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.69B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.21B	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$122.77M	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$63.72M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.76B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.33B	USD	Point-in-time
Land deposits	`DepositsAssets`	$126.02M	USD	Point-in-time
Land deposits	`DepositsAssets`	$125.62M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$201.18M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$277.02M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$3.69M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$5.29M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$73.22M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$68.49M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$278.81M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$242.74M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$100.97M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$96.24M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$130.04M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$127.95M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$238.08M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$238.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$97.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$127.87M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Total assets	`Assets`	$8.14B	USD	Point-in-time
Total assets	`Assets`	$7.74B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$215.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$269.92M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$435.47M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$430.07M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$78.81M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$83.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$18.68M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$12.84M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$311.26M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$481.31M	USD	Point-in-time
Estimated development liability	`EstimatedDevelopmentLiability`	$39.36M	USD	Point-in-time
Estimated development liability	`EstimatedDevelopmentLiability`	$40.62M	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$2.45B	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$2.45B	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$415.07M	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$348.74M	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`	$127.29M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$215.23M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$122.77M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$63.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.14B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.74B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.53B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.14B	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.87B	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.72B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$2.53B	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$1.28B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$1.39B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$2.43B	USD	2 Qtrs
Gross margin	`GrossProfit`	$603.14M	USD	2 Qtrs
Gross margin	`GrossProfit`	$328.70M	USD	1 Quarter
Gross margin	`GrossProfit`	$244.18M	USD	1 Quarter
Gross margin	`GrossProfit`	$441.93M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$180.37M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$183.51M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$97.56M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$94.04M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$131.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$51.11M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$70.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$101.64M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$5.92M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.13M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$3.50M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$7.79M	USD	2 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-3.00K	USD	1 Quarter
Interest expense/(income), net	`InterestIncomeExpenseNet`	$897.00K	USD	2 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$116.00K	USD	2 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$337.00K	USD	1 Quarter
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$-45.00K	USD	1 Quarter
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$696.00K	USD	1 Quarter
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$-5.59M	USD	2 Qtrs
Other expense/(income), net	`OtherNonoperatingIncomeExpense`	$-1.02M	USD	2 Qtrs
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	$105.09M	USD	2 Qtrs
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	$18.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.07M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$163.22M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$67.77M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$17.62M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$18.40M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$38.47M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$67.22M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$37.66M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$1.55M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$5.03M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$608.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$3.42M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$34.24M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$222.17M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$124.15M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$65.67M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.73	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.70	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.66M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	125.77M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.63M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	126.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.36M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$67.22M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$37.66M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$5.92M	USD	2 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.13M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$3.50M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$7.79M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$10.34M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$21.99M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$7.21M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$6.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.62M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.80M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$7.96M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$8.59M	USD	2 Qtrs
Debt issuance costs/(premium) amortization	`AmortizationOfDebtDiscountPremium`	$-1.63M	USD	2 Qtrs
Debt issuance costs/(premium) amortization	`AmortizationOfDebtDiscountPremium`	$236.00K	USD	2 Qtrs
Land held for sale write-downs	`PropertyPlantAndEquipmentHeldForSaleWriteDown`	-	USD	2 Qtrs
Land held for sale write-downs	`PropertyPlantAndEquipmentHeldForSaleWriteDown`	$4.35M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$483.49M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$-165.35M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.93M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$149.75M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$26.94M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$170.06M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.93M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$94.81M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$19.03M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.84M	USD	2 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$323.20M	USD	2 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.59M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.52M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.05M	USD	2 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$279.19M	USD	2 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$13.13M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$22.05M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$14.64M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$4.59M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.03M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-278.79M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$72.30M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$48.23M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$60.94M	USD	2 Qtrs
Repayments of loans payable and other borrowings	`RepaymentsOfBankDebt`	$44.23M	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	-	USD	2 Qtrs
Borrowings on revolving credit facility	`ProceedsFromRevolvingCreditFacility`	$695.00M	USD	2 Qtrs
Repayments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$210.00M	USD	2 Qtrs
Repayments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$1.06B	USD	2 Qtrs
Borrowings on mortgage warehouse	`ProceedsFromLinesOfCredit`	$1.50B	USD	2 Qtrs
Repayments on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$1.41B	USD	2 Qtrs
Repayments on mortgage warehouse	`RepaymentsOfLinesOfCredit`	$1.08B	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	$50.00M	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentOfDeferredFinancing`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentOfDeferredFinancing`	$3.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$5.37M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$12.43M	USD	2 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.32M	USD	2 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.32M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$145.17M	USD	2 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$90.16M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.25M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.48M	USD	2 Qtrs
Changes and distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-22.82M	USD	2 Qtrs
Changes and distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-6.62M	USD	2 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.36M	USD	2 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$303.92M	USD	2 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-165.99M	USD	2 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$348.33M	USD	2 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$676.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.57M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.12M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$676.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.57M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.12M	USD	Point-in-time
Income tax payments/(refund), net	`IncomeTaxesPaidNet`	$520.00K	USD	2 Qtrs
Income tax payments/(refund), net	`IncomeTaxesPaidNet`	$-61.40M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$117.34M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$121.38M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-33.46M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-59.06M	USD	2 Qtrs
Issuance of common stock in connection with business acquisition	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	2 Qtrs
Issuance of common stock in connection with business acquisition	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$798.86M	USD	2 Qtrs
Net non-cash (distributions)/contributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	$6.38M	USD	2 Qtrs
Net non-cash (distributions)/contributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	$-2.02M	USD	2 Qtrs
Non-cash portion of loss on debt extinguishment	`NonCashPortionOfLossOnDebtExtinguishment`	-	USD	2 Qtrs
Non-cash portion of loss on debt extinguishment	`NonCashPortionOfLossOnDebtExtinguishment`	$1.72M	USD	2 Qtrs
Common stock surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	1 Quarter
Common stock surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	2 Qtrs
Common stock surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	-	USD	2 Qtrs
Common stock issued in connection with warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Common stock issued in connection with warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	1 Quarter
Common stock issued in connection with warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	2 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.67B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.59B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Net income	`ProfitLoss`	$67.22M	USD	1 Quarter
Net income	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$37.66M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.37M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$823.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.11M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.43M	USD	2 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-7.25M	USD	2 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-193.00K	USD	1 Quarter
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-4.86M	USD	2 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-177.00K	USD	1 Quarter
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	1 Quarter
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	2 Qtrs
Issuance of equity in connection with business combinations, including warrants	`StockIssuedDuringPeriodValueAcquisitions`	$789.18M	USD	2 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	5.26M	shares	2 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	3.81M	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	5.44M	shares	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$145.17M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$106.75M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$90.16M	USD	2 Qtrs
Common stock surrendered in connection with warrant exercise	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	1 Quarter
Common stock surrendered in connection with warrant exercise	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	2 Qtrs
Common stock surrendered in connection with warrant exercise	`StockIssuedDuringPeriodValueWarrantExercise`	-	USD	2 Qtrs
Issuance of equity in connection with business combinations	`StockAndWarrantsIssuedDuringPeriodValueAcquisitions`	$5.11M	USD	2 Qtrs
Issuance of equity in connection with business combinations	`StockAndWarrantsIssuedDuringPeriodValueAcquisitions`	$-60.74M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$4.99M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$10.34M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$16.88M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$4.65M	USD	1 Quarter
WLH equity award accelerations due to change in control	`ApicShareBasedPaymentArrangementIncreaseForCostRecognitionAcceleratedVestingFromChangeInControl`	$8.42M	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$16.88M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.84M	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$30.41M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`NoncontrollingInterestDecreaseFromDistributionsAndContributionsToNoncontrollingInterestHolders`	$23.67M	USD	2 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$20.00M	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$8.00K	USD	2 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$1.60M	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$137.50M	USD	2 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.67B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.59B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.42B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Income before non-controlling interests, net of tax	`ProfitLoss`	$67.22M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$124.75M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$227.20M	USD	2 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$37.66M	USD	2 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$13.00K	USD	2 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.65M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$67.22M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$124.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$227.20M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$65.67M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$222.17M	USD	2 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$124.15M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$34.23M	USD	2 Qtrs

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