REPORTING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Summary of Reporting Segments

Our reporting segments are as follows:

East	Atlanta, Charlotte, Chicago, Orlando, Raleigh, Southwest Florida and Tampa
Central	Austin, Dallas and Houston (both include a Taylor Morrison division and a Darling Homes division), and Denver
West	Bay Area, Phoenix, Sacramento and Southern California
Financial Services	Taylor Morrison Home Funding, LLC (“TMHF”) and Inspired Title Services, LLC (“Inspired Title”)

Summary of Segment Information

Segment information is as follows (in thousands):

	Three Months Ended June 30, 2018
	East			Central			West			Financial Services		Corporate and Unallocated			Total
Total revenues	$	360,472		$	298,112		$	305,978		$	16,266	$	—		$	980,828
Gross margin	65,128			53,653			54,816			5,114		—			178,711
Selling, general and administrative expenses	(31,105		)	(26,122		)	(20,061		)	—		(22,777		)	(100,065		)
Equity in income of unconsolidated entities	128			374			1,476			2,039		—			4,017
Interest and other (expense), net	(122		)	(130		)	(101		)	—		(3,025		)	(3,378		)
Income/(loss) before income taxes	$	34,029		$	27,775		$	36,130		$	7,153	$	(25,802	)	$	79,285

	Three Months Ended June 30, 2017
	East			Central			West			Financial Services		Corporate and Unallocated			Total
Total revenues	$	320,053		$	267,562		$	305,245		$	15,634	$	—		$	908,494
Gross margin	68,988			48,413			48,487			5,532		—			171,420
Selling, general and administrative expenses	(29,337		)	(25,933		)	(18,854		)	—		(21,286		)	(95,410		)
Equity in income of unconsolidated entities	—			226			685			2,160					3,071
Interest and other (expense)/income, net	(129		)	602			(67		)	—		(1,081		)	(675		)
Income/(loss) before income taxes	$	39,522		$	23,308		$	30,251		$	7,692	$	(22,367	)	$	78,406

	Six Months Ended June 30, 2018
	East			Central			West			Financial Services		Corporate and Unallocated			Total
Total revenues	$	645,279		$	512,224		$	545,186		$	30,472	$	—		$	1,733,161
Gross margin	117,417			94,280			100,840			9,276		—			321,813
Selling, general and administrative expenses	(59,738		)	(48,402		)	(35,626		)	—		(43,314		)	(187,080		)
Equity in income of unconsolidated entities	239			755			2,571			3,698		—			7,263
Interest and other (expense), net	(600		)	(238		)	(81		)	—		(2,554		)	(3,473		)
Income/(loss) before income taxes	$	57,318		$	46,395		$	67,704		$	12,974	$	(45,868	)	$	138,523

	Six Months Ended June 30, 2017
	East			Central			West			Financial Services		Corporate and Unallocated			Total
Total revenues	$	583,718		$	473,819		$	590,164		$	29,883	$	—		$	1,677,584
Gross margin	122,346			85,621			94,067			11,079		—			313,113
Selling, general and administrative expenses	(56,506		)	(47,425		)	(37,907		)	—		(42,317		)	(184,155		)
Equity in income of unconsolidated entities	—			58			602			3,496		—			4,156
Interest and other (expense)/income, net	(213		)	258			(192		)	—		(87		)	(234		)
Income/(loss) before income taxes	$	65,627		$	38,512		$	56,570		$	14,575	$	(42,404	)	$	132,880

	As of June 30, 2018
	East		Central		West		Financial Services		Corporate and Unallocated		Total
Real estate inventory and land deposits	$	1,253,377	$	913,502	$	1,069,338	$	—	$	—	$	3,236,217
Investments in unconsolidated entities	30,250		34,763		120,705		4,015		—		189,733
Other assets	76,418		114,518		35,082		149,492		419,361		794,871
Total assets	$	1,360,045	$	1,062,783	$	1,225,125	$	153,507	$	419,361	$	4,220,821

Summary of Assets by Segment

	As of June 30, 2018
	East		Central		West		Financial Services		Corporate and Unallocated		Total
Real estate inventory and land deposits	$	1,253,377	$	913,502	$	1,069,338	$	—	$	—	$	3,236,217
Investments in unconsolidated entities	30,250		34,763		120,705		4,015		—		189,733
Other assets	76,418		114,518		35,082		149,492		419,361		794,871
Total assets	$	1,360,045	$	1,062,783	$	1,225,125	$	153,507	$	419,361	$	4,220,821

	As of December 31, 2017
	East		Central		West		Financial Services		Corporate and Unallocated		Total
Real estate inventory and land deposits	$	1,150,918	$	818,431	$	1,039,655	$	—	$	—	$	3,009,004
Investments in unconsolidated entities	29,316		32,874		126,559		3,615		—		192,364
Other assets	85,753		124,593		53,492		225,641		635,046		1,124,525
Total assets	$	1,265,987	$	975,898	$	1,219,706	$	229,256	$	635,046	$	4,325,893