Supplemental Guarantor Information Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2013

Supplemental Guarantor Information [Abstract]

Schedule Of Condensed Consolidating Statement Of Operations [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
	Three Months Ended June 30, 2013
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries			Unrestricted Subsidiaries		Eliminations			Consolidated
Revenue	$	—	$	227,301		$	7,252	$	—		$	234,553
Costs and expenses:
Land and housing	—		187,136			—		—			187,136
Impairment of inventory and investment in Unconsolidated LLCs	—		1,201					—			1,201
General and administrative	—		14,953			3,196		—			18,149
Selling	—		16,246			29		—			16,275
Interest	—		4,062			335		—			4,397
Total costs and expenses	—		223,598			3,560		—			227,158
Income before income taxes	—		3,703			3,692		—			7,395
(Benefit) provision for income taxes	—		(1,199		)	1,330		—			131
Equity in subsidiaries	7,264		—			—		(7,264		)	—
Net income	7,264		4,902			2,362		(7,264		)	7,264
Preferred dividends	1,219		—			—		—			1,219
Net income to common shareholders	$	6,045	$	4,902		$	2,362	$	(7,264	)	$	6,045

	Three Months Ended June 30, 2012
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries			Unrestricted Subsidiaries		Eliminations			Consolidated
Revenue	$	—	$	166,070		$	4,924	$	—		$	170,994
Costs and expenses:
Land and housing	—		137,111			—		—			137,111
Impairment of inventory and investment in Unconsolidated LLCs	—		472			—		—			472
General and administrative	—		11,033			2,793		—			13,826
Selling	—		12,825			—		—			12,825
Interest	—		3,150			311		—			3,461
Total costs and expenses	—		164,591			3,104		—			167,695
Income before income taxes	—		1,479			1,820		—			3,299
(Benefit) provision for income taxes	—		(519		)	614		—			95
Equity in subsidiaries	3,204		—			—		(3,204		)	—
Net income (loss)	$	3,204	$	1,998		$	1,206	$	(3,204	)	$	3,204

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEET
	June 30, 2013
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	149,147	$	17,105	$	—		$	166,252
Restricted cash	—		12,478		—		—			12,478
Mortgage loans held for sale	—		—		51,491		—			51,491
Inventory	—		614,999		—		—			614,999
Property and equipment - net	—		10,110		157		—			10,267
Investment in Unconsolidated LLCs	—		10,160		18,488		—			28,648
Investment in subsidiaries	398,806		—		—		(398,806		)	—
Intercompany assets	316,248		—		—		(316,248		)	—
Other assets	11,100		12,525		10,506		—			34,131
TOTAL ASSETS	$	726,154	$	809,419	$	97,747	$	(715,054	)	$	918,266
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	61,570	$	318	$	—		$	61,888
Customer deposits	—		15,472		—		—			15,472
Intercompany liabilities	—		295,870		20,378		(316,248		)	—
Other liabilities	—		42,625		6,505		—			49,130
Community development district obligations	—		3,870		—		—			3,870
Obligation for consolidated inventory not owned	—		1,881		—		—			1,881
Notes payable bank - financial services operations	—		—		50,442		—			50,442
Notes payable - other	—		9,429		—		—			9,429
Convertible senior subordinated notes due 2017	57,500		—		—		—			57,500
Convertible senior subordinated notes due 2018	86,250		—		—		—			86,250
Senior notes	227,870		—		—		—			227,870
TOTAL LIABILITIES	371,620		430,717		77,643		(316,248		)	563,732
SHAREHOLDERS' EQUITY	354,534		378,702		20,104		(398,806		)	354,534
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	726,154	$	809,419	$	97,747	$	(715,054	)	$	918,266

CONDENSED CONSOLIDATING BALANCE SHEET
	December 31, 2012
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	126,334	$	19,164	$	—		$	145,498
Restricted cash	—		8,680		—		—			8,680
Mortgage loans held for sale	—		—		71,121		—			71,121
Inventory	—		540,761		16,056		—			556,817
Property and equipment - net	—		10,314		125		—			10,439
Investment in Unconsolidated LLCs	—		—		11,732		—			11,732
Investment in subsidiaries	391,555		—		—		(391,555		)	—
Intercompany assets	219,962		—		—		(219,962		)	—
Other assets	9,081		12,375		5,557		—			27,013
TOTAL ASSETS	$	620,598	$	698,464	$	123,755	$	(611,517	)	$	831,300
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	46,882	$	808	$	—		$	47,690
Customer deposits	—		10,239		—		—			10,239
Intercompany liabilities	—		205,389		14,573		(219,962		)	—
Other liabilities	—		44,230		5,742		—			49,972
Community development district obligations	—		4,634		—		—			4,634
Obligation for consolidated inventory not owned	—		3,549		15,556		—			19,105
Notes payable bank - financial services operations	—		—		67,957		—			67,957
Notes payable - other	—		11,105		—		—			11,105
Convertible senior subordinated notes due 2017	57,500		—		—		—			57,500
Senior notes	227,670		—		—		—			227,670
TOTAL LIABILITIES	285,170		326,028		104,636		(219,962		)	495,872
SHAREHOLDERS' EQUITY	335,428		372,436		19,119		(391,555		)	335,428
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	620,598	$	698,464	$	123,755	$	(611,517	)	$	831,300

(a) Certain amounts above have been reclassified from intercompany assets to intercompany liabilities as of December 31, 2012. These reclassifications relate solely to transactions between M/I Homes, Inc. and its subsidiaries and are immaterial to the Supplemental Condensed Consolidated Financial Statements. These reclassifications do not impact the Company's consolidated financial statements.

Schedule Of Condensed Consolidating Statement Of Cash Flows [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
	Six Months Ended June 30, 2013
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash (used in) provided by operating activities	$	4,600		$	(47,747	)	$	22,569		$	(4,600	)	$	(25,178	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Restricted Cash	—			(3,869		)	—						(3,869		)
Purchase of property and equipment	—			(991		)	(59		)				(1,050		)
Investments in and advances to Unconsolidated LLC's	—			(10,160		)	(8,128		)	—			(18,288		)
Net cash used in investing activities	—			(15,020		)	(8,187		)	—			(23,207		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of bank borrowings - net	—			—			(17,515		)	—			(17,515		)
Principal repayments of note payable - other and community development district bond obligations	—			(1,676		)	—			—			(1,676		)
Proceeds from issuance of convertible senior subordinated notes due 2018	86,250			—			—			—			86,250
Redemption of preferred shares	(50,352		)	—			—			—			(50,352		)
Proceeds from issuance of common shares	54,617			—			—			—			54,617
Proceeds from exercise of stock options	2,639			—			—			—			2,639
Intercompany financing	(96,535		)	90,800			5,735			—			—
Dividends paid	(1,219		)	—			(4,600		)	4,600			(1,219		)
Debt issue costs	—			(3,544		)	(61		)	—			(3,605		)
Net cash provided by (used in) financing activities	(4,600		)	85,580			(16,441		)	4,600			69,139
Net increase (decrease) in cash and cash equivalents	—			22,813			(2,059		)	—			20,754
Cash and cash equivalents balance at beginning of period	—			126,334			19,164			—			145,498
Cash and cash equivalents balance at end of period	$	—		$	149,147		$	17,105		$	—		$	166,252

	Six Months Ended June 30, 2012
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash (used in) provided by operating activities	$	2,000		$	(32,922	)	$	9,393		$	(2,000	)	$	(23,529	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Restricted cash	—			28,756			—			—			28,756
Purchase of property and equipment	—			(242		)	(10		)	—			(252		)
Acquisition, net of cash acquired	—			(4,707		)	—			—			(4,707		)
Investments in and advances to Unconsolidated LLC's	—			—			(563		)	—			(563		)
Distributions from Unconsolidated LLCs	—			—			—			—			—
Net cash provided by (used in) investing activities	—			23,807			(573		)	—			23,234
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of bank borrowings - net	—			—			(6,263		)	—			(6,263		)
Repayment of Senior Notes	(41,443		)	—			—			—			(41,443		)
Principal repayments of note payable - other and   community development district bond obligations	—			4,965			—			—			4,965
Intercompany financing	9,003			(8,606		)	(397		)	—			—
Proceeds from issuance of senior notes	29,700			—			—			—			29,700
Dividends paid	—			—			(2,000		)	2,000			—
Debt issue costs	—			(2,869		)	(31		)	—			(2,900		)
Proceeds from exercise of stock options	740			—			—			—			740
Net cash used in financing activities	(2,000		)	(6,510		)	(8,691		)	2,000			(15,201		)
Net (decrease) increase in cash and cash equivalents	—			(15,625		)	129			—			(15,496		)
Cash and cash equivalents balance at beginning of period	—			43,539			16,254			—			59,793
Cash and cash equivalents balance at end of period	$	—		$	27,914		$	16,383		$	—		$	44,297

(a) Certain amounts above have been reclassified from intercompany financing to dividends paid and cash flows from operating activities for the six months ended June 30, 2012. These reclassifications relate solely to transactions between M/I Homes, Inc. and its subsidiaries and are immaterial to the Supplemental Condensed Consolidated Financial Statements. These reclassifications do not impact the Company's consolidated financial statements.