Supplemental Guarantor Information Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2016

Supplemental Guarantor Information [Abstract]

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

CONDENSED CONSOLIDATING STATEMENTS OF INCOME

	Three Months Ended March 31, 2016
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries			Eliminations			Consolidated
Revenue	$	—	$	314,317	$	10,053		$	—		$	324,370
Costs and expenses:
Land and housing	—		260,172		—			—			260,172
General and administrative	—		18,302		3,957			—			22,259
Selling	—		22,266		—			—			22,266
Equity in income of unconsolidated joint ventures	—		—		(307		)	—			(307		)
Interest	—		4,881		384			—			5,265
Total costs and expenses	—		305,621		4,034			—			309,655
Income before income taxes	—		8,696		6,019			—			14,715
Provision for income taxes	—		3,444		2,082			—			5,526
Equity in subsidiaries	9,189		—		—			(9,189		)	—
Net income	9,189		5,252		3,937			(9,189		)	9,189
Preferred dividends	1,219		—		—			—			1,219
Net income to common shareholders	$	7,970	$	5,252	$	3,937		$	(9,189	)	$	7,970

	Three Months Ended March 31, 2015
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries			Eliminations			Consolidated
Revenue	$	—	$	255,062	$	8,097		$	—		$	263,159
Costs and expenses:
Land and housing	—		206,183		—			—			206,183
General and administrative	—		16,386		2,948			—			19,334
Selling	—		17,686		—			—			17,686
Equity in income of unconsolidated joint ventures	—		—		(198		)	—			(198		)
Interest	—		4,131		331			—			4,462
Total costs and expenses	—		244,386		3,081			—			247,467
Income before income taxes	—		10,676		5,016			—			15,692
Provision for income taxes	—		4,392		1,732			—			6,124
Equity in subsidiaries	9,568		—		—			(9,568		)	—
Net income	9,568		6,284		3,284			(9,568		)	9,568
Preferred dividends	1,219		—		—			—			1,219
Net income to common shareholders	$	8,349	$	6,284	$	3,284		$	(9,568	)	$	8,349

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEET
	March 31, 2016
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	19,898	$	11,857	$	—		$	31,755
Restricted cash	—		2,566		—		—			2,566
Mortgage loans held for sale	—		—		94,438		—			94,438
Inventory	—		1,153,537		—		—			1,153,537
Property and equipment - net	—		22,097		643		—			22,740
Investment in unconsolidated joint ventures	—		8,726		16,967		—			25,693
Deferred income taxes, net of valuation allowances	—		55,786		74		—			55,860
Investment in subsidiaries	627,042		—		—		(627,042		)	—
Intercompany assets	411,628		—		—		(411,628		)	—
Other assets	2,392		36,052		11,679		—			50,123
TOTAL ASSETS	$	1,041,062	$	1,298,662	$	135,658	$	(1,038,670	)	$	1,436,712
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	81,163	$	431	$	—		$	81,594
Customer deposits	—		23,467		—		—			23,467
Intercompany liabilities	—		395,625		16,003		(411,628		)	—
Other liabilities	—		69,297		5,048		—			74,345
Community development district obligations	—		832		—		—			832
Obligation for consolidated inventory not owned	—		4,921		—		—			4,921
Notes payable bank - homebuilding operations	—		114,500		—		—			114,500
Notes payable bank - financial services operations	—		—		87,186		—			87,186
Notes payable - other	—		8,805		—		—			8,805
Convertible senior subordinated notes due 2017 - net	56,662		—		—		—			56,662
Convertible senior subordinated notes due 2018 - net	84,891		—		—		—			84,891
Senior notes due 2021 - net	294,904		—		—		—			294,904
TOTAL LIABILITIES	436,457		698,610		108,668		(411,628		)	832,107
SHAREHOLDERS’ EQUITY	604,605		600,052		26,990		(627,042		)	604,605
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,041,062	$	1,298,662	$	135,658	$	(1,038,670	)	$	1,436,712

CONDENSED CONSOLIDATING BALANCE SHEET
	December 31, 2015
(In thousands)	M/I Homes, Inc.		Guarantor Subsidiaries		Unrestricted Subsidiaries		Eliminations			Consolidated
ASSETS:
Cash and cash equivalents	$	—	$	—	$	18,156	$	(7,951	)	$	10,205
Restricted cash	—		2,896		—		—			2,896
Mortgage loans held for sale	—		—		127,001		—			127,001
Inventory	—		1,112,042		—		—			1,112,042
Property and equipment - net	—		12,222		675		—			12,897
Investment in unconsolidated joint ventures	—		17,425		19,542		—			36,967
Deferred income taxes, net of valuation allowances	—		67,255		149		—			67,404
Investment in subsidiaries	621,052		—		—		(621,052		)	—
Intercompany assets	408,847		—		—		(408,847		)	—
Other assets	2,626		32,335		11,181		—			46,142
TOTAL ASSETS	$	1,032,525	$	1,244,175	$	176,704	$	(1,037,850	)	$	1,415,554
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable	$	—	$	94,554	$	275	$	(7,951	)	$	86,878
Customer deposits	—		19,567		—		—			19,567
Intercompany liabilities	—		387,439		21,408		(408,847		)	—
Other liabilities	—		88,550		5,120		—			93,670
Community development district obligations	—		1,018		—		—			1,018
Obligation for consolidated inventory not owned	—		6,007		—		—			6,007
Notes payable bank - homebuilding operations	—		43,800		—		—			43,800
Notes payable bank - financial services operations	—		—		123,648		—			123,648
Notes payable - other	—		8,441		—		—			8,441
Convertible senior subordinated notes due 2017 - net	56,518		—		—		—			56,518
Convertible senior subordinated notes due 2018 - net	84,714		—		—		—			84,714
Senior notes due 2021 - net	294,727		—		—		—			294,727
TOTAL LIABILITIES	435,959		649,376		150,451		(416,798		)	818,988
SHAREHOLDERS’ EQUITY	596,566		594,799		26,253		(621,052		)	596,566
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	1,032,525	$	1,244,175	$	176,704	$	(1,037,850	)	$	1,415,554

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

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
	Three Months Ended March 31, 2016
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities	$	3,200		$	(39,162	)	$	40,218		$	(3,200	)	$	1,056
INVESTING ACTIVITIES:
Restricted cash	—			689			—			—			689
Purchase of property and equipment	—			(10,686		)	(20		)	—			(10,706		)
Intercompany investing	(2,054		)	—			—			2,054			—
Investments in and advances to unconsolidated joint ventures	—			(1,502		)	(1,344		)	—			(2,846		)
Net cash (used in) provided by investing activities	(2,054		)	(11,499		)	(1,364		)	2,054			(12,863		)
FINANCING ACTIVITIES:
Proceeds from bank borrowings - homebuilding operations	—			154,100			—			—			154,100
Principal repayments of bank borrowings - homebuilding operations	—			(83,400		)	—			—			(83,400		)
Net proceeds from bank borrowings - financial services operations	—			—			(36,462		)	—			(36,462		)
Principal proceeds from notes payable - other and CDD bond obligations	—			364			—			—			364
Proceeds from exercise of stock options	73			—			—			—			73
Intercompany financing	—			(406		)	(5,491		)	5,897			—
Dividends paid	(1,219		)	—			(3,200		)	3,200			(1,219		)
Debt issue costs	—			(99		)	—			—			(99		)
Net cash (used in) provided by financing activities	(1,146		)	70,559			(45,153		)	9,097			33,357
Net increase (decrease) in cash and cash equivalents	—			19,898			(6,299		)	7,951			21,550
Cash and cash equivalents balance at beginning of period	—			—			18,156			(7,951		)	10,205
Cash and cash equivalents balance at end of period	$	—		$	19,898		$	11,857		$	—		$	31,755

	Three Months Ended March 31, 2015
(In thousands)	M/I Homes, Inc.			Guarantor Subsidiaries			Unrestricted Subsidiaries			Eliminations			Consolidated
OPERATING ACTIVITIES:
Net cash (used in) provided by operating activities	$	—		$	(44,749	)	$	15,473		$	—		$	(29,276	)
INVESTING ACTIVITIES:
Restricted cash	—			603			—			—			603
Purchase of property and equipment	—			(97		)	(14		)	—			(111		)
Intercompany Investing	1,158			—			—			(1,158		)	—
Investments in and advances to unconsolidated joint ventures	—			(741		)	(596		)	—			(1,337		)
Net cash provided by (used in) investing activities	1,158			(235		)	(610		)	(1,158		)	(845		)
FINANCING ACTIVITIES:
Proceeds from bank borrowings - homebuilding operations	—			130,400			—			—			130,400
Principal repayments of bank borrowings - homebuilding operations	—			(70,400		)	—			—			(70,400		)
Net repayments of bank borrowings - financial services operations	—			—			(13,656		)	—			(13,656		)
Principal repayments of notes payable - other and CDD bond obligations	—			(642		)	—			—			(642		)
Proceeds from exercise of stock options	61			—			—			—			61
Intercompany financing	—			(1,679		)	521			1,158			—
Dividends paid	(1,219		)	—			—			—			(1,219		)
Net cash (used in) provided by financing activities	(1,158		)	57,679			(13,135		)	1,158			44,544
Net increase in cash and cash equivalents	—			12,695			1,728			—			14,423
Cash and cash equivalents balance at beginning of period	—			3,872			11,663			—			15,535
Cash and cash equivalents balance at end of period	$	—		$	16,567		$	13,391		$	—		$	29,958