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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 300,839 $ 300,179
Restricted cash 1,320 1,633
Total cash, cash equivalents, and restricted cash 302,159 301,812
Owned inventory 3,059,016 3,010,967
Real estate not owned under option agreements 4,682 6,252
Total real estate inventory 3,063,698 3,017,219
Land deposits 36,283 37,233
Mortgage loans held for sale 109,079 233,184
Derivative assets 1,961 2,291
Prepaid expenses and other assets, net 81,165 73,425
Other receivables, net 100,774 115,246
Investments in unconsolidated entities 171,815 157,909
Deferred tax assets, net 206,634 206,634
Property and equipment, net 6,055 6,586
Intangible assets, net 2,924 3,189
Goodwill 66,198 66,198
Total assets 4,148,745 4,220,926
Liabilities    
Accounts payable 136,413 136,636
Accrued expenses and other liabilities 167,435 209,202
Income taxes payable 27,205 10,528
Customer deposits 151,751 111,573
Senior notes, net 1,238,059 1,237,484
Loans payable and other borrowings 156,330 150,485
Revolving credit facility borrowings 0 0
Mortgage warehouse borrowings 69,146 198,564
Liabilities attributable to real estate not owned under option agreements 4,682 6,252
Total liabilities 1,951,021 2,060,724
COMMITMENTS AND CONTINGENCIES (Note 16)
Stockholders’ Equity    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2017 and December 31, 2016 0 0
Additional paid-in capital 773,549 384,709
Treasury stock at cost; 2,853,433 shares as of March 31, 2017 and December 31, 2016 (43,524) (43,524)
Retained earnings 240,089 228,613
Accumulated other comprehensive loss (17,989) (17,989)
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 952,126 551,810
Non-controlling interests – joint ventures 1,126 1,525
Non-controlling interests – Principal Equityholders 1,244,472 1,606,867
Total stockholders’ equity 2,197,724 2,160,202
Total liabilities and stockholders’ equity 4,148,745 4,220,926
Class A Common Stock    
Stockholders’ Equity    
Common stock 0 0
Class B Common Stock    
Stockholders’ Equity    
Common stock $ 1 $ 1