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STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Summary of Class A Common Stock
The following is a summary of the completed sales of our Class A Common Stock in registered public offerings for the first quarter of 2018:
(Shares presented in thousands)
 
 
 
Closing date
Number of shares
 
Net sale price per share
January 8, 2018
11,000

 
$
26.05

January 17, 2018 (1)
19,207

 
27.14

(1) The January 17, 2018 offering consisted of 17.7 million shares of Class A common stock offered by the Company and 1.5 million shares offered directly by our Principal Equityholder, TPG.
Components and Voting Power of Outstanding Common Stock
The components and respective voting power of outstanding TMHC Common Stock, including the effects of the secondary offerings, at June 30, 2018 are as follows:
 
 
Shares
Outstanding
 
Percentage
Class A Common Stock
 
111,387,224

 
99.2
%
Class B Common Stock(1)
 
863,434

 
0.8
%
Total
 
112,250,658

 
100
%

(1) The remaining 0.8% of Class B Common Stock is held by certain current and former members of management and directors.