10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-020638`
Period End Date	20210930
Filing Date	20211027
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	tmhc-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 72 Cash Flow Statement 106 Stockholders Equity 52 Comprehensive Income 20

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$373.41M	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`	$1.58M	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`	$549.06M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$374.99M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.21B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.85B	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$58.43M	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$122.77M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.90B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.33B	USD	Point-in-time
Land deposits	`DepositsAssets`	$125.62M	USD	Point-in-time
Land deposits	`DepositsAssets`	$163.73M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$286.01M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$201.18M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$5.29M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$3.64M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$73.22M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$71.26M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$242.74M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$277.77M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$96.24M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$127.95M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$127.95M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$145.78M	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`	$146.46M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Total assets	`Assets`	$8.40B	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`	$210.92M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$488.52M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$430.07M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$81.64M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$83.24M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$36.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$12.84M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$520.55M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$311.26M	USD	Point-in-time
Estimated development liability	`EstimatedDevelopmentLiability`	$39.13M	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`	$406.86M	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`	$126.69M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$235.69M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$127.29M	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`	$58.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.66B	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`	$3.75B	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 stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.40B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.86B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.00B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.57B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.70B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$3.82B	USD	3 Qtrs
Total cost of revenue	`CostOfRevenue`	$4.00B	USD	3 Qtrs
Total cost of revenue	`CostOfRevenue`	$1.39B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$1.47B	USD	1 Quarter
Gross margin	`GrossProfit`	$392.45M	USD	1 Quarter
Gross margin	`GrossProfit`	$309.69M	USD	1 Quarter
Gross margin	`GrossProfit`	$751.62M	USD	3 Qtrs
Gross margin	`GrossProfit`	$995.59M	USD	3 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$102.02M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$280.70M	USD	3 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$97.19M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$282.38M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$201.97M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$146.79M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$70.42M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$45.15M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.96M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$1.48M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$8.88M	USD	3 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$9.27M	USD	3 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$1.24M	USD	3 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-594.00K	USD	3 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-710.00K	USD	1 Quarter
Interest expense/(income), net	`InterestIncomeExpenseNet`	$347.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.07M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-47.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.83M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-7.42M	USD	3 Qtrs
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	$4.79M	USD	1 Quarter
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	$109.88M	USD	3 Qtrs
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$205.03M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$225.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$520.53M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$148.96M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$53.10M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$33.76M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$52.16M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$120.86M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$152.87M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$115.20M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$399.67M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$172.47M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$3.85M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$4.33M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$422.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$9.36M	USD	3 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$114.78M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$149.02M	USD	3 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$390.30M	USD	3 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$168.13M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.17	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.35	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.07	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.02	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.16	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.11M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.78M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.38M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.22M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.08M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.04M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.43M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	125.77M	shares	1 Quarter

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$152.87M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$115.20M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$399.67M	USD	3 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$172.47M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.96M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$1.48M	USD	1 Quarter
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$8.88M	USD	3 Qtrs
Equity in income of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$9.27M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$15.13M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$27.26M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-10.25M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-10.25M	USD	3 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$9.05M	USD	3 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$9.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.94M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.73M	USD	3 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$12.92M	USD	3 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$12.17M	USD	3 Qtrs
Debt issuance costs/(premium) amortization	`AmortizationOfDebtDiscountPremium`	$355.00K	USD	3 Qtrs
Debt issuance costs/(premium) amortization	`AmortizationOfDebtDiscountPremium`	$-1.97M	USD	3 Qtrs
Land held for sale write-downs	`PropertyPlantAndEquipmentHeldForSaleWriteDown`	$4.59M	USD	3 Qtrs
Land held for sale write-downs	`PropertyPlantAndEquipmentHeldForSaleWriteDown`	$4.35M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.70M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$-439.84M	USD	3 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$678.81M	USD	3 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$216.12M	USD	3 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-20.13M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$84.47M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$209.29M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$97.13M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-31.30M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$23.55M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$40.21M	USD	3 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-103.55M	USD	3 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$798.03M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.70M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.28M	USD	3 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$279.05M	USD	3 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$14.24M	USD	3 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$30.85M	USD	3 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$31.84M	USD	3 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$24.01M	USD	3 Qtrs
Investments in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$10.00M	USD	3 Qtrs
Investments in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-297.48M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.30M	USD	3 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$72.85M	USD	3 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$103.81M	USD	3 Qtrs
Repayments on loans payable and other borrowings	`RepaymentsOfBankDebt`	$89.64M	USD	3 Qtrs
Repayments on loans payable and other borrowings	`RepaymentsOfBankDebt`	$110.18M	USD	3 Qtrs
Borrowings on revolving credit facilities	`ProceedsFromRevolvingCreditFacility`	$830.00M	USD	3 Qtrs
Borrowings on revolving credit facilities	`ProceedsFromRevolvingCreditFacility`	$126.69M	USD	3 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$545.00M	USD	3 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$2.29B	USD	3 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$1.75B	USD	3 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$1.81B	USD	3 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$2.18B	USD	3 Qtrs
Proceeds from the issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from the issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$500.00M	USD	3 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	-	USD	3 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	$861.77M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentOfDeferredFinancing`	$6.20M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentOfDeferredFinancing`	-	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$7.88M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$18.21M	USD	3 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.32M	USD	3 Qtrs
Payment of principle portion of finance lease	`FinanceLeasePrincipalPayments`	$1.32M	USD	3 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$90.16M	USD	3 Qtrs
Repurchase of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$236.83M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.65M	USD	3 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.49M	USD	3 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-8.90M	USD	3 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`ProceedsFromPaymentsToMinorityShareholders`	$-36.09M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-280.06M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.28M	USD	3 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-159.12M	USD	3 Qtrs
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$220.49M	USD	3 Qtrs
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`	$549.06M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$374.99M	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 End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.57M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$549.06M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$374.99M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
Income tax payments, net	`IncomeTaxesPaidNet`	$-96.75M	USD	3 Qtrs
Income tax payments, net	`IncomeTaxesPaidNet`	$-2.49M	USD	3 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$136.80M	USD	3 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$174.30M	USD	3 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-64.34M	USD	3 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-86.39M	USD	3 Qtrs
Issuance of common stock in connection with business acquisition	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$797.97M	USD	3 Qtrs
Issuance of common stock in connection with business acquisition	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	3 Qtrs
Net non-cash (distributions)/contributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	$-3.06M	USD	3 Qtrs
Net non-cash (distributions)/contributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	$5.78M	USD	3 Qtrs
Non-cash portion of loss on debt extinguishment	`NonCashPortionOfLossOnDebtExtinguishment`	-	USD	3 Qtrs
Non-cash portion of loss on debt extinguishment	`NonCashPortionOfLossOnDebtExtinguishment`	$1.72M	USD	3 Qtrs
Common stock surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	3 Qtrs
Common stock surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	-	USD	3 Qtrs
Common stock issued in connection with warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
Common stock issued in connection with warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	3 Qtrs

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.75B	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
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Net income	`ProfitLoss`	$152.87M	USD	3 Qtrs
Net income	`ProfitLoss`	$115.20M	USD	1 Quarter
Net income	`ProfitLoss`	$399.67M	USD	3 Qtrs
Net income	`ProfitLoss`	$172.47M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.78M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.51M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.88M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.21M	USD	3 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.40M	USD	1 Quarter
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-4.87M	USD	3 Qtrs
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-13.00K	USD	1 Quarter
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-8.65M	USD	3 Qtrs
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	3 Qtrs
Issuance of equity in connection with business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$787.88M	USD	3 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	3.31M	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	5.44M	shares	3 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	8.57M	shares	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$91.66M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$236.83M	USD	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$90.16M	USD	3 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Common stock surrendered in connection with warrant exercise	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	3 Qtrs
Common stock surrendered in connection with warrant exercise	`StockIssuedDuringPeriodValueWarrantExercise`	-	USD	3 Qtrs
Issuance of equity in connection with business combinations	`StockAndWarrantsIssuedDuringPeriodValueAcquisitions`	$5.11M	USD	3 Qtrs
Issuance of equity in connection with business combinations	`StockAndWarrantsIssuedDuringPeriodValueAcquisitions`	$-1.30M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$5.27M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$15.13M	USD	3 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$4.79M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$22.15M	USD	3 Qtrs
WLH equity award accelerations due to change in control	`ApicShareBasedPaymentArrangementIncreaseForCostRecognitionAcceleratedVestingFromChangeInControl`	$8.42M	USD	3 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$39.16M	USD	3 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$14.31M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$12.63M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$36.30M	USD	3 Qtrs
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$-8.00K	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$9.75M	USD	1 Quarter
Changes in non-controlling interests of consolidated joint ventures	`NoncontrollingInterestIncreaseDecreaseFromContributionsDistributionsToNoncontrollingInterestHolders`	$147.25M	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.75B	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
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Income before non-controlling interests, net of tax	`ProfitLoss`	$152.87M	USD	3 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$115.20M	USD	1 Quarter
Income before non-controlling interests, net of tax	`ProfitLoss`	$399.67M	USD	3 Qtrs
Income before non-controlling interests, net of tax	`ProfitLoss`	$172.47M	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	3 Qtrs
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Post-retirement benefits adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$172.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$152.85M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$115.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$399.67M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$422.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.36M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.85M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.33M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$390.30M	USD	3 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$149.01M	USD	3 Qtrs
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$168.13M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$114.78M	USD	1 Quarter

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