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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Inventory impairments $ (1,800)us-gaap_InventoryWriteDown   $ (1,100)us-gaap_InventoryWriteDown
Interest expense (685)us-gaap_InterestExpenseDebt (1,726)us-gaap_InterestExpenseDebt (808)us-gaap_InterestExpenseDebt
Losses from early extinguishments of debt (18,153)us-gaap_GainsLossesOnExtinguishmentOfDebt    
Other-than-temporary impairment of marketable securities (4,293)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet    
Income (loss) before income taxes 100,475us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 129,825us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 61,115us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Benefit from (provision for) income taxes (37,332)us-gaap_IncomeTaxExpenseBenefit 184,560us-gaap_IncomeTaxExpenseBenefit 1,584us-gaap_IncomeTaxExpenseBenefit
Net income 63,143us-gaap_NetIncomeLoss 314,385us-gaap_NetIncomeLoss 62,699us-gaap_NetIncomeLoss
Other comprehensive income (loss) related to available-for-sale securities, net of tax (1,120)us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax 6,737us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax 12,078us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
Comprehensive income 62,023us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 321,122us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 74,777us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Basic (in Dollars per share) $ 1.29us-gaap_EarningsPerShareBasic $ 6.39us-gaap_EarningsPerShareBasic $ 1.29us-gaap_EarningsPerShareBasic
Diluted (in Dollars per share) $ 1.29us-gaap_EarningsPerShareDiluted $ 6.34us-gaap_EarningsPerShareDiluted $ 1.29us-gaap_EarningsPerShareDiluted
Basic (in Shares) 48,615,541us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 48,453,119us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 47,660,629us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in Shares) 48,817,566us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 48,831,785us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 47,834,156us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Homebuilding [Member]      
Home sale revenues 1,647,398us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
1,626,707us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
1,150,998us-gaap_HomeBuildingRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Land sale revenues 3,233us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
2,468us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
5,144us-gaap_LandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Total home and land sale revenues 1,650,631us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
1,629,175us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
1,156,142us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Home cost of sales (1,365,621)us-gaap_ConstructionAndDevelopmentCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,336,978)us-gaap_ConstructionAndDevelopmentCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(973,120)us-gaap_ConstructionAndDevelopmentCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Land cost of sales (2,559)us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,961)us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(4,823)us-gaap_CostsOfRealEstateServicesAndLandSales
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Inventory impairments (1,760)us-gaap_InventoryWriteDown
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(919)us-gaap_InventoryWriteDown
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,105)us-gaap_InventoryWriteDown
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Total cost of sales (1,369,940)us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,339,858)us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(979,048)us-gaap_CostOfRealEstateRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Gross margin 280,691us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
289,317us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
177,094us-gaap_GrossProfit
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Selling, general and administrative expenses (203,253)us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(213,283)us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(167,295)us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Interest and other income 26,310us-gaap_InvestmentIncomeInterestAndDividend
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
29,798us-gaap_InvestmentIncomeInterestAndDividend
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
24,998us-gaap_InvestmentIncomeInterestAndDividend
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Interest expense (685)us-gaap_InterestExpenseDebt
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,726)us-gaap_InterestExpenseDebt
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(808)us-gaap_InterestExpenseDebt
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Other expense (4,813)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(3,783)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
(1,372)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Losses from early extinguishments of debt (18,153)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
   
Other-than-temporary impairment of marketable securities (4,293)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
   
Income (loss) before income taxes 75,804us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
100,323us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
32,617us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_HomebuildingMember
Financial Services [Member]      
Income (loss) before income taxes 24,671us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
29,502us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
28,498us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
Revenues 43,953us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
51,259us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
46,881us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
Expenses (22,334)us-gaap_FinancialServicesCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
(25,271)us-gaap_FinancialServicesCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
(21,645)us-gaap_FinancialServicesCosts
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
Interest and other income $ 3,052us-gaap_InterestAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
$ 3,514us-gaap_InterestAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember
$ 3,262us-gaap_InterestAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= mdc_FinancialServicesMember