CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income before allocation to non-controlling interests	$ 51,281	$ 47,532
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Equity in income of unconsolidated entities	(2,319)	(3,246)
Stock compensation expense	3,417	3,543
Distributions of earnings from unconsolidated entities	2,435	541
Depreciation and amortization	7,765	5,015
Operating lease expense		0
Debt issuance costs/premium amortization	(71)	878
Contingent consideration	0	146
Deferred income taxes	0	106
Changes in operating assets and liabilities:
Real estate inventory and land deposits	(133,111)	(120,004)
Mortgages held for sale, prepaid expenses and other assets	42,670	78,862
Customer deposits	11,470	37,294
Accounts payable, accrued expenses and other liabilities	(13,896)	(59,494)
Income taxes payable	0	9,532
Net cash (used in)/provided by operating activities	(28,294)	705
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(6,194)	(2,695)
Distributions of capital from unconsolidated entities	3,180	492
Investments of capital into unconsolidated entities	(1,089)	(2,118)
Net cash used in investing activities	(4,103)	(4,321)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in loans payable and other borrowings	2,066	1,823
Repayments of loans payable and other borrowings	(13,078)	(2,884)
Borrowings on revolving credit facility	35,000	0
Borrowings on mortgage warehouse	159,522	145,925
Repayment on mortgage warehouse	(230,761)	(223,225)
Payment of contingent consideration	0	(265)
Proceeds from stock option exercises	39	580
Proceeds from issuance of shares from public offerings	0	767,116
TMHC repurchase and cancellation of New TMM Units from Former Principal Equityholders	0	(201,775)
Repurchase of shares from Former Principal Equityholders	0	(767,967)
Repurchase of common stock, net	(77,839)	0
Payment of taxes related to net share settlement of equity awards	(1,493)	(1,482)
Changes to non-controlling interests of consolidated joint ventures, net	888	(445)
Net cash used in financing activities	(125,656)	(282,599)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(158,053)	(286,215)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period	331,859	575,503
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period	173,806	289,288
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid, net	(1)	(2,069)
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:
Change in loans payable issued to sellers in connection with land purchase contracts	11,120	7,829
Change in inventory not owned	(366)	(517)
Change in Prepaid expenses and other assets, net due to adoption of ASU 2014-09	0	(32,004)
Change in Property and equipment, net due to adoption of ASU 2014-09	0	32,004
Operating lease right of use assets	29,378	0
Beginning Operating lease right of use liabilities due to adoption of ASU 2016-02	$ 30,331	$ 0