Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2025	Mar. 31, 2024
Option fee revenues and other related income		$ 82,698
Operating Expenses:
Management fee expense		12,104
Sales, general, and administrative expenses from pre-spin periods		24,960	$ 56,987
Total operating expenses		37,064	56,987
Income (loss) from operations		45,634	(56,987)
Other income (expense):
Interest income		1,088
Interest expense		(2,536)
Total other income (expense)		(1,448)
Net income (loss) before income taxes		44,186	(56,987)
Income tax expense		4,380	0
Net income (Loss)		39,806	(56,987)
Adjustment for expenses from pre-spin periods		24,960
Net income attributable to Millrose Properties, Inc. Common shareholders		$ 64,766	$ (56,987)
Basic earnings per share		$ 0.39
Diluted earnings per share		$ 0.39
Basic weighted average common shares outstanding		166,003,497
Diluted weighted average common shares outstanding		166,003,497
Class A and Class B Common Stock
Other income (expense):
Basic earnings per share		$ 0.39
Diluted earnings per share		$ 0.39
Basic weighted average common shares outstanding	[1]	166,003,497
Diluted weighted average common shares outstanding	[1]	166,003,497

[1] Basic and diluted weighted average common shares for the three months ended March 31, 2025 represent the common shares issued at the Spin-Off, which are the common shares outstanding as of March 31, 2025. No publicly-listed shares were outstanding as of March 31, 2024.