Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 487,151	$ 798,568
Restricted cash	15	8,531
Total cash	487,166	807,099
Real estate inventory:
Owned inventory	6,162,889	5,473,828
Consolidated real estate not owned	71,195	71,618
Total real estate inventory	6,234,084	5,545,446
Land deposits	299,668	203,217
Mortgage loans held for sale	207,936	193,344
Lease right of use assets	68,057	75,203
Prepaid expenses and other assets, net	370,642	290,925
Other receivables, net	217,703	184,518
Investments in unconsolidated entities	439,721	346,192
Deferred tax assets, net	76,248	67,825
Property and equipment, net	232,709	295,121
Goodwill	663,197	663,197
Total assets	9,297,131	8,672,087
Liabilities
Accounts payable	270,266	263,481
Accrued expenses and other liabilities	632,250	549,074
Lease liabilities	78,998	84,999
Income taxes payable	2,243	0
Customer deposits	239,151	326,087
Estimated development liabilities	4,365	27,440
Senior notes, net	1,470,454	1,468,695
Loans payable and other borrowings	475,569	394,943
Revolving credit facility borrowings	0	0
Mortgage warehouse borrowings	174,460	153,464
Liabilities attributable to consolidated real estate not owned	71,195	71,618
Total liabilities	3,418,951	3,339,801
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders' equity
Common stock, $0.00001 par value, 400,000,000 shares authorized, 162,061,709 and 161,129,515 shares issued, 102,241,978 and 106,917,636 shares outstanding as of December 31, 2024 and December 31, 2023, respectively	1	1
Additional paid-in capital	3,086,342	3,068,597
Treasury stock at cost, 59,819,731 and 54,211,879 shares as of December 31, 2024 and December 31, 2023, respectively	(1,616,170)	(1,265,097)
Retained earnings	4,393,853	3,510,544
Accumulated other comprehensive income	2,509	896
Total stockholders’ equity attributable to TMHC	5,866,535	5,314,941
Non-controlling interests	11,645	17,345
Total stockholders’ equity	5,878,180	5,332,286
Total liabilities and owners’ equity	$ 9,297,131	$ 8,672,087