INVESTMENTS IN CONSOLIDATED AND UNCONSOLIDATED ENTITIES (Tables)

3 Months Ended

Mar. 31, 2022

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 are as follows (in thousands):

	As of
	March 31, 2022		December 31, 2021
Assets:
Real estate inventory	$	418,004	$	414,687
Other assets	134,890		118,990
Total assets	$	552,894	$	533,677
Liabilities and owners’ equity:
Debt	$	176,477	$	167,842
Other liabilities	23,231		16,245
Total liabilities	199,708		184,087
Owners’ equity:
TMHC	173,231		171,406
Others	179,955		178,184
Total owners’ equity	353,186		349,590
Total liabilities and owners’ equity	$	552,894	$	533,677

	Three Months Ended March 31,
	2022		2021
Revenues	$	30,401	$	49,880
Costs and expenses	(25,694)		(34,157)
Income of unconsolidated entities	$	4,707	$	15,723
TMHC’s share in income of unconsolidated entities	$	1,831	$	5,661
Distributions to TMHC from unconsolidated entities	$	2,058	$	10,613