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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 141,124 $ 126,188
Restricted cash 1,280 1,280
Real estate inventory:    
Owned inventory 3,295,803 3,118,866
Real estate not owned under option agreements 995 7,921
Total real estate inventory 3,296,798 3,126,787
Land deposits 31,193 34,113
Mortgage loans held for sale 109,174 201,733
Prepaid expenses and other assets, net 88,326 75,295
Other receivables, net 126,406 120,729
Investments in unconsolidated entities 144,278 128,448
Deferred tax assets, net 233,749 233,488
Property and equipment, net 7,483 7,387
Intangible assets, net 3,983 4,248
Goodwill 66,198 57,698
Total assets 4,249,992 4,117,394
Liabilities    
Accounts payable 154,897 151,861
Accrued expenses and other liabilities 178,598 191,452
Income taxes payable 8,944 37,792
Customer deposits 123,273 92,319
Senior notes, net 1,235,733 1,235,157
Loans payable and other borrowings 154,243 134,824
Revolving credit facility borrowings, net 305,326 109,947
Mortgage warehouse borrowings 91,996 183,444
Liabilities attributable to real estate not owned under option contracts 995 7,921
Total liabilities $ 2,254,005 $ 2,144,717
COMMITMENTS AND CONTINGENCIES (Note 18)
Stockholders’ Equity    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2016 and December 31, 2015 $ 0 $ 0
Additional paid-in capital 377,616 376,898
Treasury stock at cost; 1,272,194 and 934,434 shares as of March 31, 2016 and December 31, 2015, respectively (19,974) (14,981)
Retained earnings 182,810 175,997
Accumulated other comprehensive loss (18,115) (17,997)
Total stockholders’ equity attributable to Taylor Morrison Home Corporation 522,338 519,918
Non-controlling interests – joint ventures 6,508 6,398
Non-controlling interests – Principal Equityholders 1,467,141 1,446,361
Total stockholders’ equity 1,995,987 1,972,677
Total liabilities and stockholders’ equity 4,249,992 4,117,394
Common Class A [Member]    
Stockholders’ Equity    
Common stock 0 0
Common Class B [Member]    
Stockholders’ Equity    
Common stock $ 1 $ 1