CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income before allocation to non-controlling interests	$ 201,265	$ 146,224
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of unconsolidated entities	(9,777)	(6,943)
Stock compensation expense	9,881	10,227
Distributions of earnings from unconsolidated entities	4,168	4,666
Depreciation and amortization	17,606	2,994
Debt issuance costs amortization	2,442	2,864
Contingent consideration	146	766
Deferred income taxes	12,782	(9,032)
Changes in operating assets and liabilities:
Real estate inventory and land deposits	(296,678)	(243,343)
Mortgages held for sale, prepaid expenses and other assets	81,769	141,813
Customer deposits	56,587	74,031
Accounts payable, accrued expenses and other liabilities	(19,670)	4,017
Income taxes payable	(4,525)	4,491
Net cash provided by operating activities	55,996	132,775
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(14,454)	(1,843)
Distributions of capital from unconsolidated entities	22,271	4,223
Investments of capital into unconsolidated entities	(3,547)	(28,854)
Net cash provided by (used in) investing activities	4,270	(26,474)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in loans payable and other borrowings	27,158	8,644
Repayments of loans payable and other borrowings	(14,942)	(11,305)
Borrowings on mortgage warehouse	552,908	567,922
Repayment on mortgage warehouse	(617,273)	(705,194)
Payment of contingent consideration	(265)	0
Proceeds from stock option exercises	1,887	4,791
Proceeds from issuance of shares from public offerings	767,116	882,306
TMHC repurchase and cancellation of New TMM Units from Former Principal Equityholders	(201,775)	0
Repurchase of shares from Former Principal Equityholders	(768,125)	(884,403)
Repurchase of common stock, net	0	(4,098)
Payment of taxes related to net share settlement of equity awards	(1,498)	(307)
Contributions to (Distributions to) non-controlling interests of consolidated joint ventures, net	2,413	(292)
Net cash (used in) financing activities	(252,396)	(141,936)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	(192,130)	(35,635)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period	575,503	301,812
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period	383,373	266,177
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid, net	(44,569)	(70,172)
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:
Change in loans payable issued to sellers in connection with land purchase contracts	53,099	55,151
Change in inventory not owned	11,284	(3,145)
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