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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Home closings revenue, net $ 3,425,521 $ 2,889,968 $ 2,619,558
Land closings revenue 64,553 43,770 53,381
Mortgage operations revenue 59,955 43,082 35,493
Total revenues 3,550,029 2,976,820 2,708,432
Cost of home closings 2,801,739 2,358,823 2,082,819
Cost of land closings 35,912 24,546 39,696
Mortgage operations expenses 32,099 25,536 19,671
Total cost of revenues 2,869,750 2,408,905 2,142,186
Gross margin 680,279 567,915 566,246
Sales, commissions and other marketing costs 239,556 198,676 168,897
General and administrative expenses 122,207 95,235 81,153
Equity in income of unconsolidated entities (7,453) (1,759) (5,405)
Interest (income)/expense, net (184) (192) 1,160
Other expense, net 11,947 11,634 18,447
Loss on extinguishment of debt 0 33,317 0
Gain on foreign currency forward 0 (29,983) 0
Income from continuing operations before income taxes 314,206 260,987 301,994
Income tax provision 107,643 90,001 76,395
Net income from continuing operations 206,563 170,986 225,599
Discontinued operations:      
Income from discontinued operations 0 0 61,786
Transaction expenses from discontinued operations 0 (9,043) 0
Gain on sale of discontinued operations 0 80,205 0
Income tax expense from discontinued operations 0 (13,103) (19,884)
Net income from discontinued operations 0 58,059 41,902
Net income before allocation to non-controlling interests 206,563 229,045 267,501
Net income attributable to non-controlling interests — joint ventures (1,294) (1,681) (1,648)
Net income before non-controlling interests — Principal Equityholders 205,269 227,364 265,853
Net income from continuing operations attributable to non-controlling interests — Principal Equityholders (152,653) (123,909) (163,790)
Net income from discontinued operations attributable to non-controlling interests — Principal Equityholders 0 (42,406) (30,594)
Net income available to Taylor Morrison Home Corporation $ 52,616 $ 61,049 $ 71,469
Earnings per common share — basic:      
Income from continuing operations (usd per share) $ 1.69 $ 1.38 $ 1.83
Discontinued operations - net of tax (usd per share) 0.00 0.47 0.34
Net income available to Taylor Morrison Home Corporation (usd per share) 1.69 1.85 2.17
Earnings per common share — diluted:      
Income from continuing operations (usd per share) 1.69 1.38 1.83
Discontinued operations - net of tax (usd per share) 0.00 0.47 0.34
Net income available to Taylor Morrison Home Corporation (usd per share) $ 1.69 $ 1.85 $ 2.17
Weighted average number of shares of common stock:      
Basic (in shares) 31,084 33,063 32,937
Diluted (in shares) 120,832 122,384 122,313