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Pay vs Performance Disclosure
Unit_pure in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERS
U
S
P
ERFORMANCE
 
Year
 
Summary
Compensation
Table Total for
PEO
($)
(1)
   
Compensation
Actually Paid
to PEO
($)
(2)
   
Average
Summary
Compensation
Table Total
for Non-PEO

Named
Executive
Officers
($)
(3)
   
Average
Compensation
Actually Paid
to
Non-PEO

Named
Executive
Officers
($)
(4)
   
Value of Initial Fixed $100
Investment Based On:
   
Net Income
(in millions)
($)
(6)
   
Adjusted
Pre-Tax

Income
(in millions)
($)
(7)
 
 
Total
Shareholder
Return
($)
   
Peer Group
Total
Shareholder
Return
($)
(5)
 
2022
    8,207,473       4,791,541       2,981,956       1,998,482       117.36       151.13       490.7       643.4  
2021
    7,427,795       13,186,658       1,942,429       3,329,440       158.02       187.16       396.9       516.3  
2020
    6,882,675       8,732,502       2,889,120       3,786,386       112.55       124.48       239.9       319.3  
 
(1)
Robert H. Schottenstein was our Chief Executive Officer in 2022, 2021 and 2020. The amounts shown reflect the amounts of total compensation reported for Mr. Schottenstein for each corresponding year in the “Total” column of the Summary Compensation Table.
 
(2)
The amounts shown reflect the amounts of “compensation actually paid” to Mr. Schottenstein as computed in accordance with Item 402(v) of Regulation
S-K.
The amounts do not reflect the actual amount of compensation earned by or paid to Mr. Schottenstein during the applicable year. In accordance with Item 402(v) of Regulation
S-K,
the following adjustments were made to the total compensation reported for Mr. Schottenstein for each corresponding year in the “Total” column of the Summary Compensation Table:
 
Year
    
Reported Summary
Compensation Table
Total for PEO
($)
      
Reported Value of
Equity Awards
($)
(a)
      
Equity Award
Adjustments
($)
(b)
      
Compensation
Actually Paid
to PEO
($)
 
2022
       8,207,473          (2,967,031        (448,901        4,791,541  
2021
       7,427,795          (2,586,799        8,345,662          13,186,658  
2020
       6,882,675          (2,242,610        4,092,437          8,732,502  
 
  (a)
The amounts shown reflect the sum of the amounts reported for Mr. Schottenstein in the “Stock Awards” and “O
pti
on Awards” columns of the Summary Compensation Table for the corresponding year.
 
  (b)
The amounts shown reflect the addition or subtraction, as applicable, of the following: (i) the fair value as of the end of the corresponding year of the equity awards that we granted to Mr. Schottenstein during such year that were unvested and outstanding as of the end of such year; (ii) the change (positive or negative) in the fair value as of the end of the corresponding year from the end of the prior year of any equity awards that we granted to Mr. Schottenstein in prior years that were unvested and outstanding as of the end of the corresponding year; and (iii) the change (positive or negative) in the fair value as of the vesting date from the end of the prior year of any equity awards that we granted to Mr. Schottenstein in prior years that vested during the corresponding year. The amounts added or subtracted in calculating the equity award adjustments are as follows:
 
Year
  
Year End Fair Value
of Equity Awards
($)
    
Year over Year Change
in Fair Value of Unvested
and Outstanding
Equity Awards
($)
   
Year over Year Change in Fair
Value of Equity Awards
Granted in Prior Years that
Vested in the Year
($)
   
Total Equity Award
Adjustments
($)
 
2022
     3,078,743        (2,022,289     (1,505,355     (448,901
2021
     3,516,896        3,656,991       1,171,775       8,345,662  
2020
     2,335,279        1,499,251       257,907       4,092,437  
 
(3)
During 2022, our other Named Executive Officers consisted of Phillip G. Creek and Susan E. Krohne. During 2021, our other Named Executive Officers consisted of Mr. Creek, Ms. Krohne and J. Thomas Mason. During 2020, our other Named Executive Officers consisted of Mr. Creek and Mr. Mason. The amounts shown reflect the average of the amounts of total compensation reported for our other Named Executive Officers for each corresponding year in the “Total” column of the Summary Compensation Table.
 
(4)
The amounts shown reflect the average amount of “compensation actually paid” to our other Named Executive Officers as computed in accordance with Item 402(v) of Regulation
S-K.
The amounts do not reflect the average of the actual amount of compensation earned by or paid to the other Named Executive Officers during the applicable year. In accordance with Item 402(v) of Regulation
S-K,
the following adjustments were made to the average total compensation reported for our other Named Executive Officers for each corresponding year in the “Total” column of the Summary Compensation Table:
 
Year
  
Average Reported Summary
Compensation Table Total
for
Non-PEO
NEOs
($)
    
Average Reported
Value of Equity
Awards for Non-

PEO NEOs
($)
(a)
    
Average Equity Award
Adjustments for Non-

PEO NEOs
($)
(b)
    
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
(d)
 
2022
     2,981,956        (957,644      (25,830      1,998,482  
2021
     1,942,429        (572,289      1,959,300        3,329,440  
2020
     2,889,120        (977,859      1,875,125        3,786,386  
 
  (a)
The amounts shown reflect the average of the sum of the amounts reported for our other Named
Ex
ecutive Officers in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the corresponding year.
 
  (b)
The amounts shown reflect the addition or subtraction, as applicable, of the following: (i) the average fair value as of the end of the corresponding year of the equity awards that we granted to our other Named Executive Officers during such year that were unvested and outstanding as of the end of such year; (ii) the average change (positive or negative) in the fair value as of the end of the corresponding year from the end of the prior year of any equity awards that we granted to our other Named Executive Officers in prior years that were unvested and outstanding as of the end of the corresponding year; (iii) the average change (positive or negative) in the fair value as of the vesting date from the end of the prior year of any equity awards that we granted to our other Named Executive Officers in prior years that vested during the corresponding year; and (iv) a deduction for the average fair value as of the end of the prior year of equity awards granted in prior years that fail to meet the applicable vesting conditions during the corresponding year. The amounts added or subtracted in calculating the equity award adjustments are as follows:
 
Year
  
Average Year End
Fair Value of
Equity Awards
($)
    
Average Year
over Year Change
in Fair Value of
Unvested and
Outstanding
Equity Awards
($)
    
Average Year
over Year Change
in Fair Value of
Equity Awards
Granted in
Prior Years that
Vested in the
Year
($)
    
Average Fair Value at
the End of the Prior
Year of Equity
Awards that Failed
to Meet Vesting
Conditions in the
Year
($)
    
Total Equity
Award
Adjustments
($)
 
2022
     993,124        (592,924      (426,030      0        (25,830
2021
     747,503        810,062        491,337        (89,602      1,959,300  
2020
     1,019,252        714,826        141,047        0        1,875,125  
 
(5)
The amounts shown reflect the weighted peer group total shareholder return, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the Standard & Poor’s 500 Homebuilding Index, which is the same index that we use in our 2022 Form
10-K.
The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the Standard & Poor’s 500 Homebuilding Index, respectively.
 
(6)
The amounts shown reflect the net income reported in the Company’s audited financial statements for the corresponding year.
 
(7)
Adjusted
Pre-Tax
Income, which is a
non-GAAP
measure, means the Company’s
pre-tax
income from operations, excluding extraordinary items, such as asset impairments and certain other
non-cash
write-offs. For 2020, Adjusted Pre- Tax Income was equal to the sum of (a) income before income taxes, (b) impairment of inventory and investment in joint venture arrangements and (c) stucco-related charges, net of recoveries, included in “Costs and expenses: Land and housing;” for 2021, Adjusted
Pre-Tax
Income was equal to (a) the sum of (i) income before income taxes and (ii) loss on early extinguishment of debt less (b) a
one-time
gain included in “Other income,”; and for 2022, Adjusted
Pre-Tax
 
  Income was equal to the sum of (a) income before income taxes and (b) asset impairment charges, in each case as reflected in our audited consolidated statements of income included in our 2022 Form
10-K.
Adjusted
Pre-Tax
Income represents the most important performance measure used by the Company to align the compensation actually paid to the Company’s Named Executive Officers to Company performance for 2022. We may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Company Selected Measure Name Adjusted Pre-Tax Income    
Named Executive Officers, Footnote [Text Block] During 2022, our other Named Executive Officers consisted of Phillip G. Creek and Susan E. Krohne. During 2021, our other Named Executive Officers consisted of Mr. Creek, Ms. Krohne and J. Thomas Mason. During 2020, our other Named Executive Officers consisted of Mr. Creek and Mr. Mason.    
Peer Group Issuers, Footnote [Text Block] The amounts shown reflect the weighted peer group total shareholder return, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the Standard & Poor’s 500 Homebuilding Index, which is the same index that we use in our 2022 Form
10-K.
The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the Standard & Poor’s 500 Homebuilding Index, respectively.
   
PEO Total Compensation Amount $ 8,207,473 $ 7,427,795 $ 6,882,675
PEO Actually Paid Compensation Amount $ 4,791,541 13,186,658 8,732,502
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
The amounts shown reflect the amounts of “compensation actually paid” to Mr. Schottenstein as computed in accordance with Item 402(v) of Regulation
S-K.
The amounts do not reflect the actual amount of compensation earned by or paid to Mr. Schottenstein during the applicable year. In accordance with Item 402(v) of Regulation
S-K,
the following adjustments were made to the total compensation reported for Mr. Schottenstein for each corresponding year in the “Total” column of the Summary Compensation Table:
 
Year
    
Reported Summary
Compensation Table
Total for PEO
($)
      
Reported Value of
Equity Awards
($)
(a)
      
Equity Award
Adjustments
($)
(b)
      
Compensation
Actually Paid
to PEO
($)
 
2022
       8,207,473          (2,967,031        (448,901        4,791,541  
2021
       7,427,795          (2,586,799        8,345,662          13,186,658  
2020
       6,882,675          (2,242,610        4,092,437          8,732,502  
 
  (a)
The amounts shown reflect the sum of the amounts reported for Mr. Schottenstein in the “Stock Awards” and “O
pti
on Awards” columns of the Summary Compensation Table for the corresponding year.
 
  (b)
The amounts shown reflect the addition or subtraction, as applicable, of the following: (i) the fair value as of the end of the corresponding year of the equity awards that we granted to Mr. Schottenstein during such year that were unvested and outstanding as of the end of such year; (ii) the change (positive or negative) in the fair value as of the end of the corresponding year from the end of the prior year of any equity awards that we granted to Mr. Schottenstein in prior years that were unvested and outstanding as of the end of the corresponding year; and (iii) the change (positive or negative) in the fair value as of the vesting date from the end of the prior year of any equity awards that we granted to Mr. Schottenstein in prior years that vested during the corresponding year. The amounts added or subtracted in calculating the equity award adjustments are as follows:
 
Year
  
Year End Fair Value
of Equity Awards
($)
    
Year over Year Change
in Fair Value of Unvested
and Outstanding
Equity Awards
($)
   
Year over Year Change in Fair
Value of Equity Awards
Granted in Prior Years that
Vested in the Year
($)
   
Total Equity Award
Adjustments
($)
 
2022
     3,078,743        (2,022,289     (1,505,355     (448,901
2021
     3,516,896        3,656,991       1,171,775       8,345,662  
2020
     2,335,279        1,499,251       257,907       4,092,437  
   
Non-PEO NEO Average Total Compensation Amount $ 2,981,956 1,942,429 2,889,120
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,998,482 3,329,440 3,786,386
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(4)
The amounts shown reflect the average amount of “compensation actually paid” to our other Named Executive Officers as computed in accordance with Item 402(v) of Regulation
S-K.
The amounts do not reflect the average of the actual amount of compensation earned by or paid to the other Named Executive Officers during the applicable year. In accordance with Item 402(v) of Regulation
S-K,
the following adjustments were made to the average total compensation reported for our other Named Executive Officers for each corresponding year in the “Total” column of the Summary Compensation Table:
 
Year
  
Average Reported Summary
Compensation Table Total
for
Non-PEO
NEOs
($)
    
Average Reported
Value of Equity
Awards for Non-

PEO NEOs
($)
(a)
    
Average Equity Award
Adjustments for Non-

PEO NEOs
($)
(b)
    
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
(d)
 
2022
     2,981,956        (957,644      (25,830      1,998,482  
2021
     1,942,429        (572,289      1,959,300        3,329,440  
2020
     2,889,120        (977,859      1,875,125        3,786,386  
 
  (a)
The amounts shown reflect the average of the sum of the amounts reported for our other Named
Ex
ecutive Officers in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the corresponding year.
 
  (b)
The amounts shown reflect the addition or subtraction, as applicable, of the following: (i) the average fair value as of the end of the corresponding year of the equity awards that we granted to our other Named Executive Officers during such year that were unvested and outstanding as of the end of such year; (ii) the average change (positive or negative) in the fair value as of the end of the corresponding year from the end of the prior year of any equity awards that we granted to our other Named Executive Officers in prior years that were unvested and outstanding as of the end of the corresponding year; (iii) the average change (positive or negative) in the fair value as of the vesting date from the end of the prior year of any equity awards that we granted to our other Named Executive Officers in prior years that vested during the corresponding year; and (iv) a deduction for the average fair value as of the end of the prior year of equity awards granted in prior years that fail to meet the applicable vesting conditions during the corresponding year. The amounts added or subtracted in calculating the equity award adjustments are as follows:
 
Year
  
Average Year End
Fair Value of
Equity Awards
($)
    
Average Year
over Year Change
in Fair Value of
Unvested and
Outstanding
Equity Awards
($)
    
Average Year
over Year Change
in Fair Value of
Equity Awards
Granted in
Prior Years that
Vested in the
Year
($)
    
Average Fair Value at
the End of the Prior
Year of Equity
Awards that Failed
to Meet Vesting
Conditions in the
Year
($)
    
Total Equity
Award
Adjustments
($)
 
2022
     993,124        (592,924      (426,030      0        (25,830
2021
     747,503        810,062        491,337        (89,602      1,959,300  
2020
     1,019,252        714,826        141,047        0        1,875,125  
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Relationship of Compensation Actually Paid and Cumulative Total Shareholder Return
The following chart sets forth the relationship between Compensation Actually Paid to our Chief Executive Officer, the average Compensation Actually Paid to our other Named Executive Officers, and the Company’s cumulative total shareholder return over the three most recently completed fiscal years.
 
 
 
   
Compensation Actually Paid vs. Net Income [Text Block]
Relationship of Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation
Actually
Paid to our Chief Executive Officer, the average Compensation Actually Paid to our other Named Executive Officers, and our net income during the three most recently completed fiscal years.
 
 
 
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Relationship of Compensation Actually Paid and Adjusted
Pre-Tax
Income
The following chart sets forth the relationship between Compensation Actually Paid to our Chief Executive Officer, the average Compensation Actually Paid to our other Named Executive Officers, and our Adjusted
Pre-Tax
Income during the
three
most recently completed fiscal years.
 
 
   
Total Shareholder Return Vs Peer Group [Text Block]
Comparison of Cumulative Total Shareholder Return of the Company and Cumulative Total Shareholder Return of the Peer Group
The following chart compares our cumulative total shareholder return
over
the three
most
recently completed fiscal years to the cumulative total shareholder return of the S&P 500 Homebuilding Index over the same period.
 
 
   
Tabular List [Table Text Block]
Financial Performance Measures
We structure our executive compensation program to award compensation that depends on, and rewards executives on the basis of, individual and Company short- and long-term performance and thereby fosters a
pay-for-performance
culture. The Compensation Committee selects the metrics used for both our short-term and long-term incentive awards because it believes they effectively drive financial and operational performance and incentivize our executives to pursue actions that create sustainable shareholder value. The financial performance measures used by the Company for 2022 to align the compensation actually paid to the Company’s Named Executive Officers to Company performance are:
 
•  Adjusted
Pre-Tax
Income
  
•  Relative Total Shareholder Return
 
   
Total Shareholder Return Amount $ 117.36 158.02 112.55
Peer Group Total Shareholder Return Amount 151.13 187.16 124.48
Net Income (Loss) $ 490,700,000 $ 396,900,000 $ 239,900,000
Company Selected Measure Amount 643.4 516.3 319.3
PEO Name Robert H. Schottenstein    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Pre-Tax Income    
Non-GAAP Measure Description [Text Block]
(7)
Adjusted
Pre-Tax
Income, which is a
non-GAAP
measure, means the Company’s
pre-tax
income from operations, excluding extraordinary items, such as asset impairments and certain other
non-cash
write-offs. For 2020, Adjusted Pre- Tax Income was equal to the sum of (a) income before income taxes, (b) impairment of inventory and investment in joint venture arrangements and (c) stucco-related charges, net of recoveries, included in “Costs and expenses: Land and housing;” for 2021, Adjusted
Pre-Tax
Income was equal to (a) the sum of (i) income before income taxes and (ii) loss on early extinguishment of debt less (b) a
one-time
gain included in “Other income,”; and for 2022, Adjusted
Pre-Tax
 
  Income was equal to the sum of (a) income before income taxes and (b) asset impairment charges, in each case as reflected in our audited consolidated statements of income included in our 2022 Form
10-K.
Adjusted
Pre-Tax
Income represents the most important performance measure used by the Company to align the compensation actually paid to the Company’s Named Executive Officers to Company performance for 2022. We may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Total Shareholder Return    
PEO [Member] | Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (2,967,031) $ (2,586,799) $ (2,242,610)
PEO [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,078,743 3,516,896 2,335,279
PEO [Member] | Year over Year Change in Fair Value of Unvested and Outstanding Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,022,289) 3,656,991 1,499,251
PEO [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,505,355) 1,171,775 257,907
PEO [Member] | Total Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (448,901) 8,345,662 4,092,437
Non-PEO NEO [Member] | Reported Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (957,644) (572,289) (977,859)
Non-PEO NEO [Member] | Year End Fair Value of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 993,124 747,503 1,019,252
Non-PEO NEO [Member] | Year over Year Change in Fair Value of Unvested and Outstanding Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (592,924) 810,062 714,826
Non-PEO NEO [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (426,030) 491,337 141,047
Non-PEO NEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (89,602) 0
Non-PEO NEO [Member] | Total Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (25,830) $ 1,959,300 $ 1,875,125