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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
ASSETS:    
Cash and cash equivalents $ 15,535us-gaap_CashAndCashEquivalentsAtCarryingValue $ 128,725us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 6,951us-gaap_RestrictedCashAndCashEquivalents 13,902us-gaap_RestrictedCashAndCashEquivalents
Mortgage loans held for sale 92,794us-gaap_LoansHeldForSaleMortgages 81,810us-gaap_LoansHeldForSaleMortgages
Inventory 918,589us-gaap_InventoryRealEstate 690,934us-gaap_InventoryRealEstate
Property and equipment - net 11,490us-gaap_PropertyPlantAndEquipmentNet 10,536us-gaap_PropertyPlantAndEquipmentNet
Investment in unconsolidated joint ventures 27,769us-gaap_EquityMethodInvestments 35,266us-gaap_EquityMethodInvestments
Deferred income taxes, net of valuation allowance of $9.3 million at December 31, 2013 94,412us-gaap_DeferredTaxAssetsNetCurrent 110,911us-gaap_DeferredTaxAssetsNetCurrent
Other assets 43,870us-gaap_OtherAssets 38,092us-gaap_OtherAssets
TOTAL ASSETS 1,211,410us-gaap_Assets 1,110,176us-gaap_Assets
LIABILITIES:    
Accounts payable 75,338us-gaap_AccountsPayableCurrentAndNoncurrent 70,226us-gaap_AccountsPayableCurrentAndNoncurrent
Customer deposits 11,759us-gaap_CustomerAdvancesAndDeposits 11,262us-gaap_CustomerAdvancesAndDeposits
Other liabilities 79,723us-gaap_OtherLiabilities 71,341us-gaap_OtherLiabilities
Community development district (CDD) obligations 2,571mho_CommunityDevelopmentDistrictObligations 3,130mho_CommunityDevelopmentDistrictObligations
Obligation for consolidated inventory not owned 608mho_ObligationForConsolidatedInventoryNotOwned 1,775mho_ObligationForConsolidatedInventoryNotOwned
Notes payable bank - homebuilding operations 30,000us-gaap_LineOfCredit 0us-gaap_LineOfCredit
Notes payable bank - financial services operations 85,379us-gaap_WarehouseAgreementBorrowings 80,029us-gaap_WarehouseAgreementBorrowings
Notes payable - other 9,518us-gaap_OtherNotesPayable 7,790us-gaap_OtherNotesPayable
2017 Convertible Subordianted Debt 57,500mho_A2017ConvertibleSubordiantedDebt 57,500mho_A2017ConvertibleSubordiantedDebt
2018 Convertible Subordinated Debt 86,250mho_A2018ConvertibleSubordinatedDebt 86,250mho_A2018ConvertibleSubordinatedDebt
Senior notes 228,469us-gaap_SeniorNotes 228,070us-gaap_SeniorNotes
TOTAL LIABILITIES 667,115us-gaap_Liabilities 617,373us-gaap_Liabilities
Commitments and contingencies 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies
SHAREHOLDERS' EQUITY:    
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 shares issued and outstanding at both December 31, 2014 and 2013 48,163us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount 48,163us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount
Common shares - $.01 par value; authorized 58,000,000 and 38,000,000 shares at December 31, 2014 and 2013, respectively; issued 27,092,723 shares at both December 31, 2014 and 2013 271us-gaap_CommonStockValue 271us-gaap_CommonStockValue
Additional paid-in capital 238,560us-gaap_AdditionalPaidInCapitalCommonStock 236,060us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 308,539us-gaap_RetainedEarningsAccumulatedDeficit 262,625us-gaap_RetainedEarningsAccumulatedDeficit
Treasury shares - at cost - 2,579,813 and 2,734,780 shares at December 31, 2014 and 2013, respectively (51,238)us-gaap_TreasuryStockValue (54,316)us-gaap_TreasuryStockValue
TOTAL SHAREHOLDERS' EQUITY 544,295us-gaap_StockholdersEquity 492,803us-gaap_StockholdersEquity
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,211,410us-gaap_LiabilitiesAndStockholdersEquity $ 1,110,176us-gaap_LiabilitiesAndStockholdersEquity