XML 67 R33.htm IDEA: XBRL DOCUMENT v3.25.0.1
INVESTMENTS IN CONSOLIDATED AND UNCONSOLIDATED ENTITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Financial Information of Unconsolidated Entities Accounted by Equity Method
Summarized, unaudited condensed combined financial information of unconsolidated entities that are accounted for by the equity method are as follows (in thousands):
 As of December 31,
 20242023
Assets:
Real estate inventory1,396,887 $952,223 
Other assets226,198 182,517 
Total assets$1,623,085 $1,134,740 
Liabilities:
Debt$576,753 $317,224 
Other liabilities69,706 50,739 
Total liabilities$646,459 $367,963 
Owners’ equity:
TMHC$439,721 $346,192 
Others536,905 420,585 
Total owners’ equity$976,626 $766,777 
Total liabilities and owners’ equity$1,623,085 $1,134,740 
 Year ended December 31,
 202420232022
Revenues$305,057 $158,174 $168,695 
Costs and expenses(288,473)(135,007)(163,488)
Net income from unconsolidated entities$16,584 $23,166 $5,207 
TMHC’s share in net income/(loss) of unconsolidated entities(1)
$6,347 $8,757 $(14,184)
Distributions to TMHC from unconsolidated entities$42,627 $10,054 $130,545 
(1)TMHC’s share in net loss from unconsolidated entities in 2022 relates to a $14.7 million impairment charge to our investment in one of our unconsolidated joint ventures.