CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income before allocation to non-controlling interests	$ 106,824	$ 91,531
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of unconsolidated entities	(7,263)	(4,156)
Stock compensation expense	6,290	6,850
Distributions of earnings from unconsolidated entities	3,298	3,496
Depreciation and amortization	11,306	2,097
Debt issuance costs amortization	1,652	1,909
Contingent consideration	146	613
Deferred income taxes	246	(6,291)
Changes in operating assets and liabilities:
Real estate inventory and land deposits	(228,278)	(200,801)
Mortgages held for sale, prepaid expenses and other assets	74,094	132,989
Customer deposits	59,364	70,867
Accounts payable, accrued expenses and other liabilities	(27,119)	(641)
Income taxes payable	9,929	1,507
Net cash provided by operating activities	10,489	99,970
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(8,593)	(915)
Distributions of capital from unconsolidated entities	9,965	3,295
Investments of capital into unconsolidated entities	(3,368)	(23,604)
Net cash (used in) investing activities	(1,996)	(21,224)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in loans payable and other borrowings	18,304	8,643
Repayments of loans payable and other borrowings	(8,350)	(8,047)
Borrowings on mortgage warehouse	311,880	388,353
Repayment on mortgage warehouse	(380,884)	(523,767)
Payment of contingent consideration	(265)	0
Proceeds from stock option exercises	1,588	4,734
Proceeds from issuance of shares from secondary offerings	767,116	882,306
TMHC repurchase and cancellation of New TMM Units from principal equityholders	(201,775)
Repurchase of shares from principal equityholders	(768,125)	(884,303)
Payment of taxes related to net share settlement of equity awards	(1,491)	(289)
Distributions to non-controlling interests of consolidated joint ventures, net	(573)	(100)
Net cash (used in) financing activities	(262,575)	(132,470)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	(254,082)	(53,724)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period	575,503	301,812
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period	321,421	248,088
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid, net	(21,525)	(46,133)
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:
Change in loans payable issued to sellers in connection with land purchase contracts	24,279	31,305
Change in inventory not owned	(1,065)	(2,249)
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09	(32,004)	0
Change in Property and equipment, net due to adoption of ASU 2014-09	$ 32,004	$ 0