INVESTMENTS IN CONSOLIDATED AND UNCONSOLIDATED ENTITIES (Tables)

3 Months Ended

Mar. 31, 2020

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
	March 31, 2020		December 31, 2019
Assets:
Real estate inventory	$	340,824	$	367,225
Other assets	181,730		132,812
Total assets	$	522,554	$	500,037
Liabilities and owners’ equity:
Debt	$	203,231	$	178,686
Other liabilities	19,294		20,490
Total liabilities	222,525		199,176
Owners’ equity:
TMHC	127,367		128,759
Others	172,662		172,102
Total owners’ equity	300,029		300,861
Total liabilities and owners’ equity	$	522,554	$	500,037

	Three Months Ended March 31,
	2020			2019
Revenues	$	48,972		$	61,016
Costs and expenses	(41,494		)	(52,820		)
Income of unconsolidated entities	$	7,478		$	8,196
TMHC’s share in income of unconsolidated entities	$	2,426		$	2,319
Distributions to TMHC from unconsolidated entities	$	8,202		$	5,615