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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 222,049 $ 329,645
Restricted cash 1,747 2,214
Total cash, cash equivalents, and restricted cash 223,796 331,859
Owned inventory 4,229,971 3,965,306
Real estate not owned 23,703 15,259
Total real estate inventory 4,253,674 3,980,565
Land deposits 41,790 57,929
Mortgage loans held for sale 108,550 181,897
Derivative assets 2,903 1,838
Operating lease right of use assets 37,751 0
Prepaid expenses and other assets, net 85,725 98,225
Other receivables, net 80,886 86,587
Investments in unconsolidated entities 128,363 140,541
Deferred tax assets, net 142,597 145,076
Property and equipment, net 83,654 86,736
Intangible assets, net 743 1,072
Goodwill 149,428 152,116
Total assets 5,339,860 5,264,441
Liabilities    
Accounts payable 189,556 151,586
Accrued expenses and other liabilities 252,687 266,686
Operating lease liabilities 43,171 0
Income taxes payable 7,598 0
Customer deposits 184,975 165,432
Estimated development liability 36,762 37,147
Senior notes, net 1,634,176 1,653,746
Loans payable and other borrowings 225,203 225,497
Revolving credit facility borrowings 200,000 200,000
Mortgage warehouse borrowings 56,051 130,353
Liabilities attributable to real estate not owned 23,703 15,259
Total liabilities 2,853,882 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 September 30, 2019 and December 31, 2018 0 0
Additional paid-in capital 2,093,750 2,071,579
Treasury stock at cost, 19,943,432 and 11,554,084 shares as of September 30, 2019 and December 31, 2018, respectively (343,526) (186,087)
Retained earnings 727,692 527,698
Accumulated other comprehensive income 2,285 2,001
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 2,480,202 2,415,192
Non-controlling interests – joint ventures 5,776 3,543
Total stockholders’ equity 2,485,978 2,418,735
Total liabilities and stockholders’ equity $ 5,339,860 $ 5,264,441