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Supplemental Guarantor Information Supplemental Guarantor Information (Tables)
 9 Months Ended
Sep. 30, 2020
Supplemental Guarantor Information [Abstract]  
Schedule Of Condensed Consolidating Statement Of Operations [Table Text Block]
UNAUDITED CONDENSED CONSOLIDATING STATEMENTS OF INCOME
Three Months Ended September 30, 2020
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
Revenue$— $818,975 $28,946 $— $847,921 
Costs and expenses:
Land and housing— 653,407 — — 653,407 
General and administrative— 39,325 9,554 — 48,879 
Selling— 49,539 — — 49,539 
Equity in income from joint venture arrangements— — (252)— (252)
Interest— 531 708 — 1,239 
Total costs and expenses— 742,802 10,010 — 752,812 
Income before income taxes— 76,173 18,936 — 95,109 
Provision for income taxes— 17,533 4,039 — 21,572 
Equity in subsidiaries73,537 — — (73,537)— 
Net income$73,537 $58,640 $14,897 $(73,537)$73,537 

Three Months Ended September 30, 2019
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
Revenue$— $639,891 $13,454 $— $653,345 
Costs and expenses:
Land and housing— 519,164 — — 519,164 
General and administrative— 32,332 7,053 — 39,385 
Selling— 40,147 — — 40,147 
Equity in income from joint venture arrangements— — (52)— (52)
Interest— 3,650 987 — 4,637 
Total costs and expenses— 595,293 7,988 — 603,281 
Income before income taxes— 44,598 5,466 — 50,064 
Provision for income taxes— 11,222 1,004 — 12,226 
Equity in subsidiaries37,838 — — (37,838)— 
Net income$37,838 $33,376 $4,462 $(37,838)$37,838 
Nine Months Ended September 30, 2020
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
Revenue$— $2,078,257 $61,461 $— $2,139,718 
Costs and expenses:
Land and housing— 1,672,122 — — 1,672,122 
General and administrative— 99,065 24,698 — 123,763 
Selling— 127,494 — — 127,494 
Equity in income from joint venture arrangements— — (307)— (307)
Interest— 6,395 2,059 — 8,454 
Total costs and expenses— 1,905,076 26,450 — 1,931,526 
Income before income taxes— 173,181 35,011 — 208,192 
Provision for income taxes— 41,181 7,220 — 48,401 
Equity in subsidiaries159,791 — — (159,791)— 
Net income$159,791 $132,000 $27,791 $(159,791)$159,791 

Nine Months Ended September 30, 2019
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
Revenue$— $1,718,600 $39,540 $— $1,758,140 
Costs and expenses:
Land and housing— 1,411,488 — — 1,411,488 
General and administrative— 86,080 20,168 — 106,248 
Selling— 109,150 — — 109,150 
Equity in income from joint venture arrangements— — (118)— (118)
Interest— 13,962 2,664 — 16,626 
Total costs and expenses— 1,620,680 22,714 — 1,643,394 
Income before income taxes— 97,920 16,826 — 114,746 
Provision for income taxes— 25,555 3,384 — 28,939 
Equity in subsidiaries85,807 — — (85,807)— 
Net income$85,807 $72,365 $13,442 $(85,807)$85,807 
Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]
UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET
September 30, 2020
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
ASSETS:
Cash, cash equivalents and restricted cash$— $156,744 $45,768 $— $202,512 
Mortgage loans held for sale— — 140,046 — 140,046 
Inventory— 1,843,409 — — 1,843,409 
Property and equipment - net— 24,919 777 — 25,696 
Investment in joint venture arrangements— 32,139 1,899 — 34,038 
Operating lease right-of-use assets— 42,405 10,169 — 52,574 
Deferred income tax asset— 9,205 — — 9,205 
Investment in subsidiaries1,079,323 — — (1,079,323)— 
Intercompany assets734,269 — — (734,269)— 
Goodwill— 16,400 — — 16,400 
Other assets2,994 78,709 14,972 — 96,675 
TOTAL ASSETS$1,816,586 $2,203,930 $213,631 $(1,813,592)$2,420,555 
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable$— $175,668 $913 $— $176,581 
Customer deposits— 66,632 — — 66,632 
Operating lease liabilities— 42,497 10,169 — 52,666 
Intercompany liabilities— 733,275 994 (734,269)— 
Other liabilities— 147,478 8,912 — 156,390 
Community development district obligations— 9,892 — — 9,892 
Obligation for consolidated inventory not owned— 364 — — 364 
Notes payable bank - homebuilding operations— — — — — 
Notes payable bank - financial services operations— — 136,119 — 136,119 
Notes payable - other— 5,325 — — 5,325 
Senior notes due 2025 - net247,483 — — — 247,483 
Senior notes due 2028 - net394,363 — — — 394,363 
TOTAL LIABILITIES641,846 1,181,131 157,107 (734,269)1,245,815 
SHAREHOLDERS’ EQUITY1,174,740 1,022,799 56,524 (1,079,323)1,174,740 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$1,816,586 $2,203,930 $213,631 $(1,813,592)$2,420,555 
CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2019
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
ASSETS:
Cash, cash equivalents and restricted cash$— $219 $11,589 $(5,725)$6,083 
Mortgage loans held for sale— — 155,244 — 155,244 
Inventory— 1,769,507 — — 1,769,507 
Property and equipment - net— 21,372 746 — 22,118 
Investment in joint venture arrangements— 35,391 2,494 — 37,885 
Operating lease right-of-use assets— 15,689 2,726 — 18,415 
Deferred income tax asset— 9,631 — — 9,631 
Investment in subsidiaries928,942 — — (928,942)— 
Intercompany assets619,204 — — (619,204)— 
Goodwill— 16,400 — — 16,400 
Other assets1,411 56,134 12,766 — 70,311 
TOTAL ASSETS$1,549,557 $1,924,343 $185,565 $(1,553,871)$2,105,594 
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Accounts payable$— $130,136 $615 $(5,725)$125,026 
Customer deposits— 34,462 — — 34,462 
Intercompany liabilities— 618,946 258 (619,204)— 
Operating lease liabilities— 15,691 2,724 — 18,415 
Other liabilities— 141,015 6,922 — 147,937 
Community development district obligations— 13,531 — — 13,531 
Obligation for consolidated inventory not owned— 7,934 — — 7,934 
Notes payable bank - homebuilding operations— 66,000 — — 66,000 
Notes payable bank - financial services operations— — 136,904 — 136,904 
Notes payable - other— 5,828 — — 5,828 
Senior notes due 2021 - net298,988 — — — 298,988 
Senior notes due 2025 - net247,092 — — — 247,092 
TOTAL LIABILITIES546,080 1,033,543 147,423 (624,929)1,102,117 
SHAREHOLDERS’ EQUITY1,003,477 890,800 38,142 (928,942)1,003,477 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$1,549,557 $1,924,343 $185,565 $(1,553,871)$2,105,594 
Schedule Of Condensed Consolidating Statement Of Cash Flows [Table Text Block]
UNAUDITED CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Nine Months Ended September 30, 2020
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities$10,360 $153,255 $43,021 $(9,410)$197,226 
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment— (8,151)(314)— (8,465)
Return of capital from unconsolidated joint ventures— — 1,213 — 1,213 
Intercompany investing(110,525)— — 110,525 — 
Investments in and advances to joint venture arrangements— (24,060)(15)— (24,075)
Net cash (used in) provided by investing activities(110,525)(32,211)884 110,525 (31,327)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior notes due 2021(300,000)— — — (300,000)
Proceeds from issuance of senior notes due 2028400,000 — — — 400,000 
Proceeds from bank borrowings - homebuilding operations— 306,800 — — 306,800 
Principal repayments of bank borrowings - homebuilding operations— (372,800)— — (372,800)
Net repayments of bank borrowings - financial services operations
— — (785)— (785)
Principal repayments of notes payable - other and CDD bond obligations— (503)— — (503)
Intercompany financing— 104,291 509 (104,800)— 
Repurchase of common shares(1,912)— — — (1,912)
Dividends paid— — (9,410)9,410 — 
Debt issue costs(6,177)(2,307)(40)— (8,524)
Proceeds from exercise of stock options8,254 — — — 8,254 
Net cash provided by (used in) financing activities100,165 35,481 (9,726)(95,390)30,530 
Net increase in cash, cash equivalents and restricted cash— 156,525 34,179 5,725 196,429 
Cash, cash equivalents and restricted cash balance at beginning of period— 219 11,589 (5,725)6,083 
Cash, cash equivalents and restricted cash balance at end of period$— $156,744 $45,768 $— $202,512 

Nine Months Ended September 30, 2019
(In thousands)M/I Homes, Inc.Guarantor SubsidiariesUnrestricted SubsidiariesEliminationsConsolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities$9,530 $(48,625)$49,602 $(9,530)$977 
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment— (2,438)(188)— (2,626)
Return of capital from unconsolidated joint ventures— — 438 — 438 
Intercompany Investing(18,728)— — 18,728 — 
Investments in and advances to joint venture arrangements— (23,351)(171)— (23,522)
Net cash (used in) provided by investing activities(18,728)(25,789)79 18,728 (25,710)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from bank borrowings - homebuilding operations
— 568,900 — — 568,900 
Principal repayments of bank borrowings - homebuilding operations
— (496,400)— — (496,400)
Net repayments of bank borrowings - financial services operations
— — (44,574)— (44,574)
Principal repayments of notes payable - other and CDD bond obligations
— (429)— — (429)
Intercompany financing— 16,155 2,573 (18,728)— 
Repurchase of common shares(5,150)— — — (5,150)
Dividends paid— — (9,530)9,530 — 
Debt issue costs— — (40)— (40)
Proceeds from exercise of stock options14,348 — — — 14,348 
Net cash provided by (used in) financing activities9,198 88,226 (51,571)(9,198)36,655 
Net increase (decrease) in cash, cash equivalents and restricted cash— 13,812 (1,890)— 11,922 
Cash, cash equivalents and restricted cash balance at beginning of period— 5,554 15,975 — 21,529 
Cash, cash equivalents and restricted cash balance at end of period$— $19,366 $14,085 $— $33,451