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REPORTING SEGMENTS (Tables)
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Summary of Reporting Segments
Our reporting segments are as follows:
 
EastAtlanta, Charlotte, Jacksonville, Naples, Orlando, Raleigh, Sarasota, and Tampa
CentralAustin, Dallas, Denver, and Houston
WestBay Area, Las Vegas, Phoenix, Portland, Sacramento, Seattle, and Southern California
Financial ServicesTaylor Morrison Home Funding, Inspired Title Services, and Taylor Morrison Insurance Services
Summary of Segment Information
Segment information is as follows (in thousands):

 Three Months Ended March 31, 2022
 EastCentralWestFinancial Services
Corporate
and
Unallocated(1)
Total
Total revenue$525,121 $370,735 $770,210 $35,199 $1,859 $1,703,124 
Gross margin125,691 74,008 181,531 10,985 913 393,128 
Selling, general and administrative expenses(40,326)(29,440)(43,519)— (43,980)(157,265)
Equity in (loss)/income of unconsolidated entities— 85 (312)2,058 — 1,831 
Interest and other expense, net(2)
(432)(1,860)(1,966)— (536)(4,794)
Income/(loss) before income taxes$84,933 $42,793 $135,734 $13,043 $(43,603)$232,900 
(1) Includes the activity from our Build-To-Rent and Urban Form operations.
(2) Interest and other expense, net includes pre-acquisition write-offs of terminated projects.
 Three Months Ended March 31, 2021
 EastCentralWestFinancial Services
Corporate
and
Unallocated (1)
Total
Total revenue$453,362 $322,612 $597,730 $44,065 $43 $1,417,812 
Gross margin85,067 65,178 104,438 20,066 (308)274,441 
Selling, general and administrative expenses(38,598)(28,558)(41,554)— (38,795)(147,505)
Equity in (loss)/income of unconsolidated entities— (64)1,992 3,743 (10)5,661 
Interest and other income/(expense), net (2)
42 (373)(108)— (417)(856)
Income/(loss) before income taxes$46,511 $36,183 $64,768 $23,809 $(39,530)$131,741 
(1) Includes the activity from our Build-To-Rent and Urban Form operations.
(2) Interest and other expense, net includes pre-acquisition write-offs of terminated projects.
Summary of Assets by Segment
 As of March 31, 2022
 EastCentralWestFinancial Services
Corporate
and
Unallocated(1)
Total
Real estate inventory and land deposits$1,905,120 $1,389,070 $2,709,798 $— $— $6,003,988 
Investments in unconsolidated entities— 87,737 81,219 4,275 — 173,231 
Other assets153,946 198,151 550,998 334,568 1,103,093 2,340,756 
Total assets$2,059,066 $1,674,958 $3,342,015 $338,843 $1,103,093 $8,517,975 
(1) Includes corporate cash and the assets from our Build-To-Rent and Urban Form operations.
 
 As of December 31, 2021
 EastCentralWestFinancial Services
Corporate
and
Unallocated (1)
Total
Real estate inventory and land deposits$1,781,948 $1,282,024 $2,665,084 $— $— $5,729,056 
Investments in unconsolidated entities— 87,600 79,531 4,275 — 171,406 
Other assets196,126 221,906 588,520 559,233 1,261,530 2,827,315 
Total assets$1,978,074 $1,591,530 $3,333,135 $563,508 $1,261,530 $8,727,777 
(1) Includes corporate cash and the assets from our Build-To-Rent and Urban Form operations.