INVESTMENTS IN UNCONSOLIDATED ENTITIES - (Tables)

9 Months Ended

Sep. 30, 2019

Equity Method Investments and Joint Ventures [Abstract]

Summarized Financial Information of Unconsolidated Entities Accounted by Equity Method

Summarized, unaudited combined financial information of unconsolidated entities that are accounted for by the equity method is as follows (in thousands):

	As of
	September 30, 2019		December 31, 2018
Assets:
Real estate inventory	$	388,937	$	508,795
Other assets	126,900		125,436
Total assets	$	515,837	$	634,231
Liabilities and owners’ equity:
Debt	$	189,971	$	176,564
Other liabilities	20,114		16,061
Total liabilities	210,085		192,625
Owners’ equity:
TMHC	128,363		140,541
Others	177,389		301,075
Total owners’ equity	305,752		441,616
Total liabilities and owners’ equity	$	515,837	$	634,241

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Revenues	$	68,734		$	95,085		$	228,002		$	264,624
Costs and expenses	(59,851		)	(84,409		)	(197,151		)	(227,061		)
Income of unconsolidated entities	$	8,883		$	10,676		$	30,851		$	37,563
TMHC’s share in income of unconsolidated entities	$	2,103		$	2,514		$	7,983		$	9,777
Distributions to TMHC from unconsolidated entities	$	8,309		$	13,176		$	30,327		$	26,439