INVESTMENTS IN CONSOLIDATED AND UNCONSOLIDATED ENTITIES (Tables)

6 Months Ended

Jun. 30, 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
	June 30, 2022		December 31, 2021
Assets:
Real estate inventory	$	668,474	$	414,687
Other assets	129,062		118,990
Total assets	$	797,536	$	533,677
Liabilities and owners’ equity:
Debt	$	130,284	$	167,842
Other liabilities	23,169		16,245
Total liabilities	153,453		184,087
Owners’ equity:
TMHC	291,560		171,406
Others	352,523		178,184
Total owners’ equity	644,083		349,590
Total liabilities and owners’ equity	$	797,536	$	533,677

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Revenues	$	94,166	$	29,745	$	124,567	$	79,626
Costs and expenses	(94,086)		(22,901)		(119,016)		(57,059)
Income of unconsolidated entities	$	80	$	6,844	$	5,551	$	22,567
TMHC’s share in (loss)/income of unconsolidated entities	$	(3,637)	$	2,126	$	(1,806)	$	7,788
Distributions to TMHC from unconsolidated entities	$	88,770	$	9,729	$	90,828	$	20,342