10-Q Filing

TAYLOR MORRISON HOME CORP CIK: 1562476 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-019600`
Period End Date	20220630
Filing Date	20220728
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	tmhc-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 72 Cash Flow Statement 98 Stockholders Equity 50 Comprehensive Income 12

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$378.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$832.82M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.52M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$953.00K	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.29M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.12M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.44B	USD	Point-in-time
Owned inventory	`InventoryRealEstateOwned`	$5.98B	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$70.82M	USD	Point-in-time
Consolidated real estate not owned	`InventoryRealEstateNotOwned`	$55.31M	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$5.50B	USD	Point-in-time
Total real estate inventory	`InventoryRealEstate`	$6.05B	USD	Point-in-time
Land deposits	`DepositsAssets`	$229.53M	USD	Point-in-time
Land deposits	`DepositsAssets`	$278.31M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$467.53M	USD	Point-in-time
Mortgage loans held for sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$203.24M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$4.92M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$2.11M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$82.88M	USD	Point-in-time
Lease right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$85.86M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$314.99M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$157.25M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$171.74M	USD	Point-in-time
Other receivables, net	`OtherReceivables`	$150.86M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$291.56M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$171.41M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$151.24M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$151.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$155.18M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$220.23M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Goodwill	`Goodwill`	$663.20M	USD	Point-in-time
Total assets	`Assets`	$8.65B	USD	Point-in-time
Total assets	`Assets`	$8.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$291.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$253.35M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$431.48M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$525.21M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$91.87M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$96.17M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$1.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	-	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$579.95M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiability`	$485.70M	USD	Point-in-time
Estimated development liabilities	`EstimatedDevelopmentLiability`	$38.92M	USD	Point-in-time
Estimated development liabilities	`EstimatedDevelopmentLiability`	$38.28M	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$2.17B	USD	Point-in-time
Senior notes, net	`SeniorNotes`	$2.45B	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$404.39M	USD	Point-in-time
Loans payable and other borrowings	`LoansPayable`	$447.19M	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	$31.53M	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	$150.00M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$413.89M	USD	Point-in-time
Mortgage warehouse borrowings	`WarehouseAgreementBorrowings`	$179.56M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$55.31M	USD	Point-in-time
Liabilities attributable to consolidated real estate not owned	`LiabilitiesAttributableToConsolidatedOptionAgreements`	$70.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.76B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.46B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.73B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.65B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.14B	USD	2 Qtrs
Revenues	`Revenues`	$1.72B	USD	1 Quarter
Revenues	`Revenues`	$3.70B	USD	2 Qtrs
Revenues	`Revenues`	$2.00B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$2.76B	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$1.39B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$1.45B	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$2.53B	USD	2 Qtrs
Gross margin	`GrossProfit`	$603.14M	USD	2 Qtrs
Gross margin	`GrossProfit`	$541.48M	USD	1 Quarter
Gross margin	`GrossProfit`	$934.61M	USD	2 Qtrs
Gross margin	`GrossProfit`	$328.70M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$96.14M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$97.56M	USD	1 Quarter
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$185.26M	USD	2 Qtrs
Sales, commissions and other marketing costs	`SellingAndMarketingExpense`	$183.51M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$69.41M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$70.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$131.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$137.55M	USD	2 Qtrs
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-1.81M	USD	2 Qtrs
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$7.79M	USD	2 Qtrs
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-3.64M	USD	1 Quarter
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.13M	USD	1 Quarter
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-9.44M	USD	2 Qtrs
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-5.19M	USD	1 Quarter
Interest expense/(income), net	`InterestIncomeExpenseNet`	$-3.00K	USD	1 Quarter
Interest expense/(income), net	`InterestIncomeExpenseNet`	$116.00K	USD	2 Qtrs
Other (income)/expense, net	`OtherNonoperatingIncomeExpense`	$11.01M	USD	1 Quarter
Other (income)/expense, net	`OtherNonoperatingIncomeExpense`	$10.47M	USD	2 Qtrs
Other (income)/expense, net	`OtherNonoperatingIncomeExpense`	$-45.00K	USD	1 Quarter
Other (income)/expense, net	`OtherNonoperatingIncomeExpense`	$-1.02M	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$163.22M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$391.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$624.50M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$38.47M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$67.77M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$98.44M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$152.88M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$471.62M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$293.15M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$5.03M	USD	2 Qtrs
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$2.17M	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$608.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$3.92M	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`	$290.99M	USD	1 Quarter
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$222.17M	USD	2 Qtrs
Net income available to Taylor Morrison Home Corporation	`NetIncomeLoss`	$467.69M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.73	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.47	USD	1 Quarter
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`	$3.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.66M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	119.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.26M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income before allocation to non-controlling interests	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income before allocation to non-controlling interests	`ProfitLoss`	$471.62M	USD	2 Qtrs
Net income before allocation to non-controlling interests	`ProfitLoss`	$293.15M	USD	1 Quarter
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-1.81M	USD	2 Qtrs
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$7.79M	USD	2 Qtrs
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-3.64M	USD	1 Quarter
Net loss/(income) from unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$2.13M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$12.14M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$10.34M	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$13.47M	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on land transfers	`GainLossOnSaleOfInvestments`	$13.70M	USD	1 Quarter
Gain on land transfers	`GainLossOnSaleOfInvestments`	-	USD	2 Qtrs
Gain on land transfers	`GainLossOnSaleOfInvestments`	$13.70M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$4.25M	USD	2 Qtrs
Distributions of earnings from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$7.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.76M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$13.63M	USD	2 Qtrs
Operating lease expense	`OperatingLeaseExpense`	$7.96M	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfDebtDiscountPremium`	$236.00K	USD	2 Qtrs
Debt issuance costs amortization	`AmortizationOfDebtDiscountPremium`	$544.00K	USD	2 Qtrs
Change in Urban Form assets due to sale	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Change in Urban Form assets due to sale	`GainLossOnSaleOfOtherAssets`	$-11.68M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$483.49M	USD	2 Qtrs
Real estate inventory and land deposits	`IncreaseDecreaseInInventories`	$667.85M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-305.46M	USD	2 Qtrs
Mortgages held for sale, prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$149.75M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$94.24M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$170.06M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$94.81M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-44.48M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.84M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.85M	USD	2 Qtrs
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.59M	USD	2 Qtrs
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.49M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.52M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.80M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$13.13M	USD	2 Qtrs
Distributions of capital from unconsolidated entities	`DistributionsOfCapitalFromUnconsolidatedEntities`	$86.58M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$69.58M	USD	2 Qtrs
Investments of capital into unconsolidated entities	`PaymentsToAcquireInterestInJointVenture`	$14.64M	USD	2 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.03M	USD	2 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.19M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$72.30M	USD	2 Qtrs
Increase in loans payable and other borrowings	`ProceedsFromBankDebt`	$29.88M	USD	2 Qtrs
Repayments on loans payable and other borrowings	`RepaymentsOfBankDebt`	$45.23M	USD	2 Qtrs
Repayments on loans payable and other borrowings	`RepaymentsOfBankDebt`	$44.23M	USD	2 Qtrs
Borrowings on revolving credit facilities	`ProceedsFromRevolvingCreditFacility`	$182.55M	USD	2 Qtrs
Borrowings on revolving credit facilities	`ProceedsFromRevolvingCreditFacility`	-	USD	2 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$64.08M	USD	2 Qtrs
Repayments on revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$1.50B	USD	2 Qtrs
Borrowings on mortgage warehouse facilities	`ProceedsFromLinesOfCredit`	$1.19B	USD	2 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$1.43B	USD	2 Qtrs
Repayments on mortgage warehouse facilities	`RepaymentsOfLinesOfCredit`	$1.41B	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Repayments on senior notes	`RepaymentsOfSeniorDebt`	$264.11M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$12.43M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.91M	USD	2 Qtrs
Payment of principal portion of finance lease	`FinanceLeasePrincipalPayments`	$1.33M	USD	2 Qtrs
Payment of principal 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`	$230.41M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.65M	USD	2 Qtrs
Payment of taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.48M	USD	2 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`PaymentsToMinorityShareholders`	$22.82M	USD	2 Qtrs
Cash and distributions to non-controlling interests of consolidated joint ventures, net	`PaymentsToMinorityShareholders`	$28.93M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.36M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-656.73M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-165.99M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-457.05M	USD	2 Qtrs
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.29M	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 Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	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`	$379.29M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.12M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$836.34M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.11M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaidNet`	$-61.40M	USD	2 Qtrs
Income tax payments	`IncomeTaxesPaidNet`	$-112.17M	USD	2 Qtrs
Change in loans payable issued to sellers in connection with land purchase contracts	`IncreaseDecreaseInLoansPayableIssuedToSellersInConnectionWithLandPurchaseContracts`	$159.64M	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`	$15.50M	USD	2 Qtrs
Change in inventory not owned	`NoncashInvestingAndFinancingActivitiesIncreaseDecreaseInInventoryNotOwned`	$-59.06M	USD	2 Qtrs
Investments of land in unconsolidated joint ventures, net	`TransferToInvestments`	-	USD	2 Qtrs
Investments of land in unconsolidated joint ventures, net	`TransferToInvestments`	$143.21M	USD	2 Qtrs
Net non-cash distributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	$2.02M	USD	2 Qtrs
Net non-cash distributions from non-controlling interests	`NoncashContributionsFromNonControllingInterests`	-	USD	2 Qtrs
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 surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	1 Quarter
Common stock issued in connection with warrant exercises	`StockIssued1`	-	USD	2 Qtrs
Common stock issued in connection with warrant exercises	`StockIssued1`	$32.58M	USD	2 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	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
Net income	`ProfitLoss`	$227.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.75M	USD	1 Quarter
Net income	`ProfitLoss`	$471.62M	USD	2 Qtrs
Net income	`ProfitLoss`	$293.15M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.43M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.91M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$556.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.11M	USD	1 Quarter
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-3.65M	USD	2 Qtrs
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`	$-193.00K	USD	1 Quarter
Issuance of restricted stock units, net of shares withheld for tax	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-24.00K	USD	1 Quarter
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	1 Quarter
Warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$32.58M	USD	2 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	3.81M	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	5.26M	shares	2 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	8.73M	shares	2 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	6.78M	shares	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$230.41M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$145.17M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$106.75M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$172.38M	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 surrendered in connection with warrant exercises	`StockIssuedDuringPeriodValueWarrantExercise`	$32.59M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$12.14M	USD	2 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$5.28M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$4.65M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$10.34M	USD	2 Qtrs
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$28.93M	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`	$27.18M	USD	1 Quarter
Distributions to non-controlling interests of consolidated joint ventures	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.84M	USD	2 Qtrs
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`	$-769.00K	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`	$-307.00K	USD	1 Quarter
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.97B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.19B	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

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Comprehensive Income before non-controlling interests, net of tax	`ProfitLoss`	$227.20M	USD	2 Qtrs
Comprehensive Income before non-controlling interests, net of tax	`ProfitLoss`	$124.75M	USD	1 Quarter
Comprehensive Income before non-controlling interests, net of tax	`ProfitLoss`	$471.62M	USD	2 Qtrs
Comprehensive Income before non-controlling interests, net of tax	`ProfitLoss`	$293.15M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$608.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.92M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.17M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.03M	USD	2 Qtrs
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`	$290.99M	USD	1 Quarter
Comprehensive income available to Taylor Morrison Home Corporation	`ComprehensiveIncomeNetOfTax`	$467.69M	USD	2 Qtrs

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