XML 103 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events
12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Subsequent Events
On February 1, 2014, M/I Financial Corp. was converted from a wholly owned Ohio C corporation to a wholly owned Ohio limited liability company and its name was changed to M/I Financial, LLC.  M/I Financial, LLC will be disregarded as an entity separate from its owner and will report its income and deductions on M/I Homes, Inc.’s federal and state tax returns.  As a result, we estimate that we will utilize more of our state tax NOLs than previously estimated, and will recognize a tax benefit of approximately $3.0 million in the first quarter of 2014.