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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 300,179 $ 126,188
Restricted cash 1,633 1,280
Real estate inventory:    
Owned inventory 3,010,967 3,118,866
Real estate not owned under option agreements 6,252 7,921
Total real estate inventory 3,017,219 3,126,787
Land deposits 37,233 34,113
Mortgage loans held for sale 233,184 201,733
Derivative assets 2,291 0
Prepaid expenses and other assets, net 73,425 80,348
Other receivables, net 115,246 120,729
Investments in unconsolidated entities 157,909 128,448
Deferred tax assets, net 206,634 233,488
Property and equipment, net 6,586 7,387
Intangible assets, net 3,189 4,248
Goodwill 66,198 57,698
Total assets 4,220,926 4,122,447
Liabilities    
Accounts payable 136,636 151,861
Accrued expenses and other liabilities 209,202 191,452
Income taxes payable 10,528 37,792
Customer deposits 111,573 92,319
Senior notes, net 1,237,484 1,235,157
Loans payable and other borrowings 150,485 134,824
Revolving credit facility borrowings 0 115,000
Mortgage warehouse borrowings 198,564 183,444
Liabilities attributable to real estate not owned under option agreements 6,252 7,921
Total liabilities 2,060,724 2,149,770
COMMITMENTS AND CONTINGENCIES (Note 21)
Stockholders’ Equity    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2016 and December 31, 2015 0 0
Additional paid-in capital 384,709 376,898
Treasury stock at cost; 2,853,433 and 934,434 shares as of December 31, 2016 and December 31, 2015, respectively (43,524) (14,981)
Retained earnings 228,613 175,997
Accumulated other comprehensive loss (17,989) (17,997)
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 551,810 519,918
Non-controlling interests — joint ventures 1,525 6,398
Non-controlling interests — Principal Equityholders 1,606,867 1,446,361
Total stockholders’ equity 2,160,202 1,972,677
Total liabilities and stockholders’ equity 4,220,926 4,122,447
Common Class A [Member]    
Stockholders’ Equity    
Common stock 0 0
Common Class B [Member]    
Stockholders’ Equity    
Common stock $ 1 $ 1