Supplemental Guarantor Information Supplemental Guarantor Information (Tables)

12 Months Ended

Dec. 31, 2014

Supplemental Guarantor Information [Abstract]

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

CONDENSED CONSOLIDATING STATEMENTS OF INCOME
	Year Ended December 31, 2014
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries			Eliminations			Consolidated
Revenue	$	—	$	1,185,058	$	30,122		$	—		$	1,215,180
Costs and expenses:
Land and housing	—		958,991		—			—			958,991
Impairment of inventory and investment in unconsolidated joint ventures	—		3,457		—			—			3,457
General and administrative	—		73,747		15,083			—			88,830
Selling	—		81,148		—			—			81,148
Equity in income of unconsolidated joint ventures	—		—		(347		)	—			(347		)
Interest	—		11,926		1,439			—			13,365
Total costs and expenses	—		1,129,269		16,175			—			1,145,444
Income before income taxes	—		55,789		13,947			—			69,736
Provision for income taxes	—		14,341		4,606			—			18,947
Equity in subsidiaries	50,789		—		—			(50,789		)	—
Net income	50,789		41,448		9,341			(50,789		)	50,789
Preferred dividends	4,875		—		—			—			4,875
Net income to common shareholders	$	45,914	$	41,448	$	9,341		$	(50,789	)	$	45,914

CONDENSED CONSOLIDATING STATEMENTS OF INCOME
	Year Ended December 31, 2013
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
Revenue	$	—	$	1,008,243		$	28,539		$	—		$	1,036,782
Costs and expenses:
Land and housing	—		824,508			—			—			824,508
Impairment of inventory and investment in unconsolidated joint ventures	—		5,805			—			—			5,805
General and administrative	—		66,249			13,245			—			79,494
Selling	—		68,209			73			—			68,282
Equity in income of unconsolidated joint ventures	—		—			(306		)	—			(306		)
Interest	—		14,556			1,382			—			15,938
Loss on early extinguishment of debt	—		1,726			—			—			1,726
Total costs and expenses	—		981,053			14,394			—			995,447
Income before income taxes	—		27,190			14,145			—			41,335
(Benefit) provision for income taxes	—		(114,866		)	4,778			—			(110,088		)
Equity in subsidiaries	151,423		—			—			(151,423		)	—
Net income	151,423		142,056			9,367			(151,423		)	151,423
Preferred dividends	3,656		—			—			—			3,656
Excess of fair value over book value of preferred shares redeemed	2,190		—			—			—			2,190
Net income to common shareholders	$	145,577	$	142,056		$	9,367		$	(151,423	)	$	145,577

	Year Ended December 31, 2012
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries			Unrestricted Subsidiaries		Eliminations			Consolidated
Revenue	$	—	$	738,649		$	23,256	$	—		$	761,905
Costs and expenses:
Land and housing	—		610,540			—		—			610,540
Impairment of inventory and investment in unconsolidated joint ventures	—		3,502			—		—			3,502
General and administrative	—		51,307			11,320		—			62,627
Selling	—		56,396			10		—			56,406
Interest	—		14,650			1,421		—			16,071
Total costs and expenses	—		736,395			12,751		—			749,146
Income before income taxes	—		2,254			10,505		—			12,759
(Benefit) provision for income taxes	—		(4,157		)	3,569		—			(588		)
Equity in subsidiaries	13,347		—			—		(13,347		)	—
Net income	$	13,347	$	6,411		$	6,936	$	(13,347	)	$	13,347

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEET
	December 31, 2014
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	3,872	$	11,663	$	—		$	15,535
Restricted cash	—		6,951		—		—			6,951
Mortgage loans held for sale	—		—		92,794		—			92,794
Inventory	—		918,589		—		—			918,589
Property and equipment - net	—		11,189		301		—			11,490
Investment in unconsolidated joint ventures	—		15,033		12,736		—			27,769
Investment in subsidiaries	576,468		—		—		(576,468		)	—
Deferred income taxes, net of valuation allowances	—		94,088		324		—			94,412
Intercompany assets	330,786		—		—		(330,786		)	—
Other assets	9,260		24,378		10,232		—			43,870
TOTAL ASSETS	$	916,514	$	1,074,100	$	128,050	$	(907,254	)	$	1,211,410
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	74,344	$	994	$	—		$	75,338
Customer deposits	—		11,759		—		—			11,759
Intercompany liabilities	—		314,946		15,840		(330,786		)	—
Other liabilities	—		74,413		5,310		—			79,723
Community development district obligations	—		2,571		—		—			2,571
Obligation for consolidated inventory not owned	—		608		—		—			608
Notes payable bank - homebuilding operations	—		30,000		—		—			30,000
Notes payable bank - financial services operations	—		—		85,379		—			85,379
Notes payable - other	—		9,518		—		—			9,518
Convertible senior subordinated notes due 2017	57,500		—		—		—			57,500
Convertible senior subordinated notes due 2018	86,250		—		—		—			86,250
Senior notes	228,469		—		—		—			228,469
TOTAL LIABILITIES	372,219		518,159		107,523		(330,786		)	667,115
Shareholders’ equity	544,295		555,941		20,527		(576,468		)	544,295
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	916,514	$	1,074,100	$	128,050	$	(907,254	)	$	1,211,410

CONDENSED CONSOLIDATING BALANCE SHEET
	December 31, 2013
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	113,407	$	15,318	$	—		$	128,725
Restricted cash	—		13,902		—		—			13,902
Mortgage loans held for sale	—		—		81,810		—			81,810
Inventory	—		690,934		—		—			690,934
Property and equipment - net	—		10,267		269		—			10,536
Investment in unconsolidated joint ventures	—		13,525		21,741		—			35,266
Investment in subsidiaries	535,879		—		—		(535,879		)	—
Deferred income taxes, net of valuation allowances	—		109,763		1,148		—			110,911
Intercompany assets	318,852		—		—		(318,852		)	—
Other assets	9,892		17,180		11,020		—			38,092
TOTAL ASSETS	$	864,623	$	968,978	$	131,306	$	(854,731	)	$	1,110,176
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	69,887	$	339	$	—		$	70,226
Customer deposits	—		11,262		—		—			11,262
Intercompany liabilities	—		296,229		22,623		(318,852		)	—
Other liabilities	—		64,413		6,928		—			71,341
Community development district obligations	—		3,130		—		—			3,130
Obligation for consolidated inventory not owned	—		1,775		—		—			1,775
Notes payable bank - financial services operations	—		—		80,029		—			80,029
Notes payable - other	—		7,790		—		—			7,790
Convertible senior subordinated notes due 2017	57,500		—		—		—			57,500
Convertible senior subordinated notes due 2018	86,250		—		—		—			86,250
Senior notes	228,070		—		—		—			228,070
TOTAL LIABILITIES	371,820		454,486		109,919		(318,852		)	617,373
Shareholders’ equity	492,803		514,492		21,387		(535,879		)	492,803
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	864,623	$	968,978	$	131,306	$	(854,731	)	$	1,110,176

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

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
	Year Ended December 31, 2014
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities	$	10,200		$	(143,672	)	$	10,997		$	(10,200	)	$	(132,675	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Restricted cash	—			7,122			—			—			7,122
Purchase of property and equipment	—			(2,793		)	(153		)	—			(2,946		)
Sale of mortgage servicing rights	—			—			2,135			—			2,135
Intercompany investing	(7,269		)	—			—			7,269			—
Investments in and advances to unconsolidated joint ventures	—			(14,435		)	(5,980		)	—			(20,415		)
Return of capital from unconsolidated joint ventures	—			275			1,248			—			1,523
Net cash (used in) provided by investing activities	(7,269		)	(9,831		)	(2,750		)	7,269			(12,581		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from bank borrowings - homebuilding operations	—			192,600			—			—			192,600
Principal repayments of bank borrowings - homebuilding operations	—			(162,600		)	—			—			(162,600		)
Net proceeds from bank borrowings - financial services operations	—			—			5,350			—			5,350
Principal proceeds from notes payable - other and CDD bond obligations	—			1,728			—			—			1,728
Dividends paid	(4,875		)	—			(10,200		)	10,200			(4,875		)
Intercompany financing	—			14,244			(6,975		)	(7,269		)	—
Debt issue costs	—			(2,004		)	(77		)	—			(2,081		)
Proceeds from exercise of stock options	1,944			—			—			—			1,944
Net cash (used in) provided by financing activities	(2,931		)	43,968			(11,902		)	2,931			32,066
Net decrease in cash and cash equivalents	—			(109,535		)	(3,655		)	—			(113,190		)
Cash and cash equivalents balance at beginning of period	—			113,407			15,318			—			128,725
Cash and cash equivalents balance at end of period	$	—		$	3,872		$	11,663		$	—		$	15,535

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Year Ended December 31, 2013
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities	$	7,100		$	(72,633	)	$	(1,341	)	$	(7,100	)	$	(73,974	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Restricted cash	—			(5,185		)	—			—			(5,185		)
Purchase of property and equipment	—			(2,146		)	(236		)	—			(2,382		)
Investments in and advances to unconsolidated joint ventures	—			(13,525		)	(15,984		)	—			(29,509		)
Return of capital from unconsolidated joint ventures	—			—			1,522			—			1,522
Net cash (used in) provided by investing activities	—			(20,856		)	(14,698		)	—			(35,554		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of convertible senior subordinated notes due 2018	86,250			—			—			—			86,250
Proceeds from issuance of common shares	54,617			—			—			—			54,617
Redemption of preferred shares	(50,352		)	—			—			—			(50,352		)
Net proceeds from bank borrowings - financial services operations	—			—			12,072			—			12,072
Principal repayments of notes payable - other and CDD bond obligations	—			(3,315		)	—			—			(3,315		)
Dividends paid	(3,656		)	—			(7,100		)	7,100			(3,656		)
Intercompany financing	(96,599		)	89,279			7,320			—			—
Debt issue costs	—			(5,402		)	(99		)	—			(5,501		)
Proceeds from exercise of stock options	2,640			—			—			—			2,640
Net cash (used in) provided by financing activities	(7,100		)	80,562			12,193			7,100			92,755
Net decrease in cash and cash equivalents	—			(12,927		)	(3,846		)	—			(16,773		)
Cash and cash equivalents balance at beginning of period	—			126,334			19,164			—			145,498
Cash and cash equivalents balance at end of period	$	—		$	113,407		$	15,318		$	—		$	128,725

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Year Ended December 31, 2012
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities	$	3,500		$	(35,770	)	$	(11,225	)	$	(3,500	)	$	(46,995	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Restricted cash	—			32,779			—			—			32,779
Purchase of property and equipment	—			(854		)	(79		)	—			(933		)
Acquisition, net of cash acquired	—			(4,707		)	—			—			(4,707		)
Investments in and advances to unconsolidated joint ventures	—			—			(1,817		)	—			(1,817		)
Net cash provided by (used in) investing activities	—			27,218			(1,896		)	—			25,322
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior notes	(41,443		)	—			—			—			(41,443		)
Proceeds from issuance of senior notes	29,700			—			—			—			29,700
Proceeds from issuance of convertible senior subordinated notes due 2017	57,500			—			—			—			57,500
Proceeds from issuance of common shares	42,085			—			—			—			42,085
Net proceeds from bank borrowings - financial services operations	—			—			15,351			—			15,351
Principal proceeds from note payable - other and CDD bond obligations	—			5,304			—			—			5,304
Dividends paid	—			—			(3,500		)	3,500			—
Intercompany financing	(96,104		)	91,856			4,248			—			—
Debt issue costs	—			(5,813		)	(68		)	—			(5,881		)
Proceeds from exercise of stock options	4,762			—			—			—			4,762
Net cash (used in) provided by financing activities	(3,500		)	91,347			16,031			3,500			107,378
Net increase in cash and cash equivalents	—			82,795			2,910			—			85,705
Cash and cash equivalents balance at beginning of period	—			43,539			16,254			—			59,793
Cash and cash equivalents balance at end of period	$	—		$	126,334		$	19,164		$	—		$	145,498