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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 160,519 $ 126,188
Restricted cash 1,320 1,280
Real estate inventory:    
Owned inventory 3,286,685 3,118,866
Real estate not owned under option agreements 612 7,921
Total real estate inventory 3,287,297 3,126,787
Land deposits 35,091 34,113
Mortgage loans held for sale 118,997 201,733
Prepaid expenses and other assets, net 75,111 75,295
Other receivables, net 129,165 120,729
Investments in unconsolidated entities 151,606 128,448
Deferred tax assets, net 234,457 233,488
Property and equipment, net 6,320 7,387
Intangible assets, net 3,454 4,248
Goodwill 66,198 57,698
Total assets 4,269,535 4,117,394
Liabilities    
Accounts payable 145,944 151,861
Accrued expenses and other liabilities 193,763 191,452
Income taxes payable 26,673 37,792
Customer deposits 137,561 92,319
Senior notes, net 1,236,908 1,235,157
Loans payable and other borrowings 142,786 134,824
Revolving credit facility borrowings, net 211,084 109,947
Mortgage warehouse borrowings 91,166 183,444
Liabilities attributable to real estate not owned under option agreements 612 7,921
Total liabilities 2,186,497 2,144,717
COMMITMENTS AND CONTINGENCIES (Note 18)
Stockholders’ Equity    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of September 30, 2016 and December 31, 2015 0 0
Additional paid-in capital 379,557 376,898
Treasury stock at cost; 2,853,433 and 934,434 shares as of September 30, 2016 and December 31, 2015, respectively (43,524) (14,981)
Retained earnings 209,332 175,997
Accumulated other comprehensive loss (18,115) (17,997)
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 527,251 519,918
Non-controlling interests – joint ventures 6,844 6,398
Non-controlling interests – Principal Equityholders 1,548,943 1,446,361
Total stockholders’ equity 2,083,038 1,972,677
Total liabilities and stockholders’ equity 4,269,535 4,117,394
Common Class A [Member]    
Stockholders’ Equity    
Common stock 0 0
Common Class B [Member]    
Stockholders’ Equity    
Common stock $ 1 $ 1