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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 196,529 $ 329,645
Restricted cash 1,698 2,214
Total cash, cash equivalents, and restricted cash 198,227 331,859
Owned inventory 4,073,123 3,965,306
Real estate not owned 30,464 15,259
Total real estate inventory 4,103,587 3,980,565
Land deposits 54,214 57,929
Mortgage loans held for sale 124,805 181,897
Derivative assets 3,055 1,838
Operating lease right of use assets 33,399 0
Prepaid expenses and other assets, net 79,794 98,225
Other receivables, net 68,500 86,587
Investments in unconsolidated entities 129,518 140,541
Deferred tax assets, net 145,076 145,076
Property and equipment, net 84,630 86,736
Intangible assets, net 851 1,072
Goodwill 152,116 152,116
Total assets 5,177,772 5,264,441
Liabilities    
Accounts payable 162,055 151,586
Accrued expenses and other liabilities 242,712 266,686
Operating lease liabilities 36,590 0
Income taxes payable 1,272 0
Customer deposits 172,951 165,432
Estimated development liability 36,883 37,147
Senior notes, net 1,599,239 1,653,746
Loans payable and other borrowings 212,897 225,497
Revolving credit facility borrowings 200,000 200,000
Mortgage warehouse borrowings 79,458 130,353
Liabilities attributable to real estate not owned 30,464 15,259
Total liabilities 2,774,521 2,845,706
COMMITMENTS AND CONTINGENCIES (Note 16)
Stockholders’ Equity    
Common stock 1 1
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2019 and December 31, 2018 0 0
Additional paid-in capital 2,079,224 2,071,579
Treasury stock at cost, 19,943,432 and 11,554,084 shares as of June 30, 2019 and December 31, 2018, respectively (343,526) (186,087)
Retained earnings 660,680 527,698
Accumulated other comprehensive income 2,285 2,001
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 2,398,664 2,415,192
Non-controlling interests – joint ventures 4,587 3,543
Total stockholders’ equity 2,403,251 2,418,735
Total liabilities and stockholders’ equity $ 5,177,772 $ 5,264,441