$MHO
M/I HOMES, INC.

2013 Q2 Form 10-Q Financial Statement

#000079929213000032 Filed on July 26, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $234.6M $171.0M
YoY Change 37.17% 24.41%
Cost Of Revenue $187.1M $137.1M
YoY Change 36.47% 20.26%
Gross Profit $46.22M $33.41M
YoY Change 38.33% 86.07%
Gross Profit Margin 19.7% 19.54%
Selling, General & Admin $34.42M $26.65M
YoY Change 29.17% 13.31%
% of Gross Profit 74.49% 79.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.300M $1.400M
YoY Change -7.14% 16.67%
% of Gross Profit 2.81% 4.19%
Operating Expenses $34.42M $26.65M
YoY Change 29.17% 13.31%
Operating Profit $11.79M $6.760M
YoY Change 74.44% -221.5%
Interest Expense $4.397M $3.461M
YoY Change 27.04% -0.12%
% of Operating Profit 37.29% 51.2%
Other Income/Expense, Net
YoY Change
Pretax Income $7.395M $3.299M
YoY Change 124.16% -136.54%
Income Tax $131.0K $95.00K
% Of Pretax Income 1.77% 2.88%
Net Earnings $7.264M $3.204M
YoY Change 126.72% -135.04%
Net Earnings / Revenue 3.1% 1.87%
Basic Earnings Per Share $0.25 $0.17
Diluted Earnings Per Share $0.25 $0.17
COMMON SHARES
Basic Shares Outstanding 24.27M shares 18.83M shares
Diluted Shares Outstanding 24.65M shares 19.03M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $166.3M $44.30M
YoY Change 275.4% -1.34%
Cash & Equivalents $166.3M $44.30M
Short-Term Investments
Other Short-Term Assets $51.50M $49.80M
YoY Change 3.41% 39.5%
Inventory $615.0M $522.0M
Prepaid Expenses
Receivables $51.50M $49.80M
Other Receivables $0.00 $0.00
Total Short-Term Assets $832.8M $616.1M
YoY Change 35.17% 13.38%
LONG-TERM ASSETS
Property, Plant & Equipment $10.27M $12.90M
YoY Change -20.42% -16.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.65M $10.90M
YoY Change 162.73% 9.04%
Other Assets $12.50M $12.60M
YoY Change -0.79% -81.71%
Total Long-Term Assets $85.47M $54.66M
YoY Change 56.36% -50.26%
TOTAL ASSETS
Total Short-Term Assets $832.8M $616.1M
Total Long-Term Assets $85.47M $54.66M
Total Assets $918.3M $670.8M
YoY Change 36.9% 2.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.90M $51.30M
YoY Change 20.66% 18.75%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $77.40M $61.80M
YoY Change 25.24% 28.22%
LONG-TERM LIABILITIES
Long-Term Debt $431.5M $284.6M
YoY Change 51.62% 2.86%
Other Long-Term Liabilities $54.90M $49.20M
YoY Change 11.59% 1.86%
Total Long-Term Liabilities $486.4M $333.8M
YoY Change 45.72% 2.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.40M $61.80M
Total Long-Term Liabilities $486.4M $333.8M
Total Liabilities $563.7M $395.6M
YoY Change 42.5% 5.99%
SHAREHOLDERS EQUITY
Retained Earnings $125.5M $103.7M
YoY Change 20.99% -6.89%
Common Stock $235.2M $139.5M
YoY Change 68.61% -0.1%
Preferred Stock
YoY Change
Treasury Stock (at cost) $54.32M $64.39M
YoY Change -15.65% -4.35%
Treasury Stock Shares 2.735M shares 3.242M shares
Shareholders Equity $354.5M $275.1M
YoY Change
Total Liabilities & Shareholders Equity $918.3M $670.8M
YoY Change 36.9% 2.68%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $7.264M $3.204M
YoY Change 126.72% -135.04%
Depreciation, Depletion And Amortization $1.300M $1.400M
YoY Change -7.14% 16.67%
Cash From Operating Activities -$33.80M -$15.80M
YoY Change 113.92% 42.34%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K -$300.0K
YoY Change 200.0% -25.0%
Acquisitions
YoY Change
Other Investing Activities -$9.700M -$3.900M
YoY Change 148.72% -86.82%
Cash From Investing Activities -$10.50M -$4.100M
YoY Change 156.1% -86.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -52.60M -2.700M
YoY Change 1848.15% -146.55%
NET CHANGE
Cash From Operating Activities -33.80M -15.80M
Cash From Investing Activities -10.50M -4.100M
Cash From Financing Activities -52.60M -2.700M
Net Change In Cash -96.90M -22.60M
YoY Change 328.76% -35.98%
FREE CASH FLOW
Cash From Operating Activities -$33.80M -$15.80M
Capital Expenditures -$900.0K -$300.0K
Free Cash Flow -$32.90M -$15.50M
YoY Change 112.26% 44.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Interest Paid Net
InterestPaidNet
7234000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8442000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
18000 USD
CY2012Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
47690000 USD
CY2013Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
61888000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
180289000 USD
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
234926000 USD
CY2012Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
8727000 USD
CY2013Q2 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
10942000 USD
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1635000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1287000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
928000 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
998000 shares
us-gaap Asset Impairment Charges
AssetImpairmentCharges
823000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2101000 USD
CY2012Q4 us-gaap Assets
Assets
831300000 USD
CY2013Q2 us-gaap Assets
Assets
918266000 USD
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying Unaudited Condensed Consolidated Financial Statements (the &#8220;financial statements&#8221;) of M/I Homes, Inc. and its subsidiaries (the &#8220;Company&#8221;) and notes thereto have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the &#8220;SEC&#8221;) for interim financial information. The financial statements include the accounts of M/I Homes, Inc. and its subsidiaries. All intercompany transactions have been eliminated. Results for the interim period are not necessarily indicative of results for a full year. In the opinion of management, the accompanying financial statements reflect all adjustments (all of which are normal and recurring in nature) necessary for a fair presentation of financial results for the interim periods presented. These financial statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in the Company's Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2012</font><font style="font-family:inherit;font-size:10pt;"> (the &#8220;</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K&#8221;).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during that period. Actual results could differ from these estimates and have a significant impact on the financial condition and results of operations and cash flows. With regard to the Company, estimates and assumptions are inherent in calculations relating to valuation of inventory and investment in unconsolidated limited liability companies (&#8220;Unconsolidated LLCs&#8221;), property and equipment depreciation, valuation of derivative financial instruments, accounts payable on inventory, accruals for costs to complete inventory, accruals for warranty claims, accruals for self-insured general liability claims, litigation, accruals for health care and workers' compensation, accruals for guaranteed or indemnified loans, stock-based compensation expense, income taxes, and contingencies. Items that could have a significant impact on these estimates and assumptions include the risks and uncertainties listed in &#8220;Item 1A. Risk Factors&#8221; in Part I of our </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K, as the same may be updated from time to time in our subsequent filings with the SEC. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reclassified certain amounts presented in the Supplemental Condensed Consolidating Balance Sheet for the period ended December 31, 2012 and the Supplemental Condensed Consolidating Statement of Cash Flows for the six months ended June 30, 2012 included in Note 13. The Company believes these reclassifications are immaterial to the supplemental condensed consolidating financial statements which are presented as supplemental information. These reclassifications do not affect the Company's consolidated financial statements for either period.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Impact of New Accounting Standards</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2013-01: </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Balance Sheet (Topic 210) - Disclosures about Offsetting Assets and Liabilities (&#8220;ASU 2013-01&#8221;)</font><font style="font-family:inherit;font-size:10pt;">. ASU 2013-01 amended ASU 2011-11 and will enhance disclosures required by the United States Generally Accepted Accounting Principles (&#8220;U.S. GAAP&#8221;) by requiring additional information about financial and derivative instruments that are either (1) offset in accordance with Section 210-20-45 or Section 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with Section 210-20-45 or Section 815-10-45. We are required to apply the amendments for annual reporting periods beginning on or after January 1, 2013, and for interim periods within those annual periods. The Company adopted this standard on January 1, 2013 and the adoption did not have a material impact on the Company's Unaudited Condensed Consolidated Financial Statements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2013, the FASB issued ASU No. 2013-04: </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Liabilities ("ASU 2013-04")</font><font style="font-family:inherit;font-size:10pt;">, which provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date. ASU 2013-04 is effective for us beginning January 1, 2014. We do not anticipate the adoption of ASU 2013-04 to have an effect on our consolidated financial statements or disclosures.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
1219000 USD
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166252000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
145498000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44297000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59793000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
20754000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-15496000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
38000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
38000000 shares
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27092723 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24631723 shares
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
271000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
246000 USD
us-gaap Costs And Expenses
CostsAndExpenses
303194000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
167695000 USD
us-gaap Costs And Expenses
CostsAndExpenses
412999000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
227158000 USD
CY2012Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
10239000 USD
CY2013Q2 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
15472000 USD
CY2013Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
58000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
143000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4462000 USD
CY2013Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
131300000 USD
us-gaap Depreciation
Depreciation
2808000 USD
us-gaap Depreciation
Depreciation
2566000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
-1219000 USD
CY2013Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1200000 USD
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
4965000 USD
CY2013Q2 us-gaap Equity Method Investments
EquityMethodInvestments
28648000 USD
CY2012Q4 us-gaap Equity Method Investments
EquityMethodInvestments
11732000 USD
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2013Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2012Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2190000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
26283000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18149000 USD
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13826000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34128000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
567000 USD
CY2012Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
472000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2101000 USD
CY2013Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1201000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
12281000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
7395000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1075000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3299000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1093000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
430000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
131000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
212000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
447000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
14198000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8975000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-3646000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-1431000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
5233000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
6136000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
47557000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
78265000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5044000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1666000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3058000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-40000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
3869000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-28756000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
12621000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
14842000 USD
CY2013Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
7725000 USD
CY2012Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
6149000 USD
us-gaap Interest Expense
InterestExpense
8737000 USD
us-gaap Interest Expense
InterestExpense
8067000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
3461000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
4397000 USD
us-gaap Interest Paid Net
InterestPaidNet
6235000 USD
CY2012Q4 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
221432000 USD
CY2013Q2 us-gaap Inventory Homes Under Construction
InventoryHomesUnderConstruction
294234000 USD
CY2012Q4 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
8442000 USD
CY2013Q2 us-gaap Inventory Land Held For Sale
InventoryLandHeldForSale
6389000 USD
CY2012Q4 us-gaap Inventory Real Estate
InventoryRealEstate
556817000 USD
CY2013Q2 us-gaap Inventory Real Estate
InventoryRealEstate
614999000 USD
CY2012Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
257397000 USD
CY2013Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
261985000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2013Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2012Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
25700000 USD
CY2013Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
26600000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
495872000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
563732000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
918266000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
831300000 USD
CY2013Q2 us-gaap Limited Partners Contributed Capital
LimitedPartnersContributedCapital
28600000 USD
CY2013Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2013Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
43500000 USD
CY2012Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
71121000 USD
CY2013Q2 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
51491000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
69139000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15201000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23207000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
23234000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-23529000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-25178000 USD
us-gaap Net Income Loss
NetIncomeLoss
11851000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
7264000 USD
us-gaap Net Income Loss
NetIncomeLoss
18000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
3204000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3204000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6045000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8442000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3204000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6045000 USD
CY2013Q2 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
2500000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6760000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6992000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11792000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
21018000 USD
CY2013Q2 us-gaap Other Assets
OtherAssets
34131000 USD
CY2012Q4 us-gaap Other Assets
OtherAssets
27013000 USD
CY2013Q2 us-gaap Other Liabilities
OtherLiabilities
49130000 USD
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
49972000 USD
CY2013Q2 us-gaap Other Notes Payable
OtherNotesPayable
9429000 USD
CY2012Q4 us-gaap Other Notes Payable
OtherNotesPayable
11105000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
260976000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
216055000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
-50352000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3605000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-2900000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
-1219000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
18288000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
-563000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
252000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1050000 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0975
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1219000 USD
CY2012Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2013Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1219000 USD
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
CY2013Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
-2190000 USD
CY2013Q2 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
609.375
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4000 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2000 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4000 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2000 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
96325000 USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
48163000 USD
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-1676000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
86250000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
54617000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
-29700000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
29700000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-6263000 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-17515000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
279023000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
223655000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
740000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2639000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8733000 USD
CY2012Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10438000 USD
CY2013Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10400000 USD
CY2013Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10388000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9025000 USD
CY2012Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8548000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-3156000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-2757000 USD
CY2013Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-1780000 USD
CY2012Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-1295000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
101000 USD
CY2012Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
147000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
90000 USD
CY2013Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
101000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2375000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3005000 USD
CY2013Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1667000 USD
CY2012Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1333000 USD
us-gaap Profit Loss
ProfitLoss
11851000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
7264000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
3204000 USD
us-gaap Profit Loss
ProfitLoss
18000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10439000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10267000 USD
CY2013Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
14625000 USD
CY2013Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
14260000 USD
CY2011Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
18869000 USD
CY2012Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
17967000 USD
CY2012Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
18170000 USD
CY2012Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
15376000 USD
CY2012Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
-2891000 USD
CY2013Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
-3693000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
-5456000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
-7221000 USD
CY2013Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
3328000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
4554000 USD
CY2012Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
2688000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
6105000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
-41443000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
mho Valuation Allowance Recorded Against Net Deferred Tax Assets Generated From Loss For Period
ValuationAllowanceRecordedAgainstNetDeferredTaxAssetsGeneratedFromLossForPeriod
4500000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8680000 USD
CY2013Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12478000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
125490000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
117048000 USD
CY2012Q2 us-gaap Revenues
Revenues
170994000 USD
us-gaap Revenues
Revenues
302119000 USD
us-gaap Revenues
Revenues
425280000 USD
CY2013Q2 us-gaap Revenues
Revenues
234553000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
234553000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
302119000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
425280000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
170994000 USD
CY2012Q2 us-gaap Selling Expense
SellingExpense
12825000 USD
us-gaap Selling Expense
SellingExpense
23836000 USD
us-gaap Selling Expense
SellingExpense
29384000 USD
CY2013Q2 us-gaap Selling Expense
SellingExpense
16275000 USD
CY2013Q2 us-gaap Senior Notes
SeniorNotes
227870000 USD
CY2012Q4 us-gaap Senior Notes
SeniorNotes
227670000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1316000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
964000 USD
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2461000 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2640000 USD
us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
2000 shares
CY2012Q4 us-gaap Secured Debt Other
SecuredDebtOther
67957000 USD
CY2013Q2 us-gaap Secured Debt Other
SecuredDebtOther
50442000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-50352000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
354534000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
335428000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
354534000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
335428000 USD
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
2734780 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2944470 shares
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
54316000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
58480000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
143000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4462000 USD
CY2013Q2 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
50442000 USD
CY2012Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
67957000 USD
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19031000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23671000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24646000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18998000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23278000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18803000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24271000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18833000 shares
CY2013Q2 mho A2017 Convertible Subordianted Debt
A2017ConvertibleSubordiantedDebt
57500000 USD
CY2012Q4 mho A2017 Convertible Subordianted Debt
A2017ConvertibleSubordiantedDebt
57500000 USD
CY2013Q2 mho A2018 Convertible Subordinated Debt
A2018ConvertibleSubordinatedDebt
86250000 USD
CY2012Q4 mho A2018 Convertible Subordinated Debt
A2018ConvertibleSubordinatedDebt
0 USD
mho Amortization Of Intangibles And Debt Discount And Debt Issue Costs
AmortizationOfIntangiblesAndDebtDiscountAndDebtIssueCosts
1753000 USD
mho Amortization Of Intangibles And Debt Discount And Debt Issue Costs
AmortizationOfIntangiblesAndDebtDiscountAndDebtIssueCosts
1178000 USD
CY2013Q2 mho Amount Reserved For Legal Expenses
AmountReservedForLegalExpenses
300000 USD
CY2012Q4 mho Amount Reserved For Legal Expenses
AmountReservedForLegalExpenses
300000 USD
CY2013Q2 mho Best Effort Contracts And Related Mortgage Loans Held For Sale
BestEffortContractsAndRelatedMortgageLoansHeldForSale
5709000 USD
CY2012Q4 mho Best Effort Contracts And Related Mortgage Loans Held For Sale
BestEffortContractsAndRelatedMortgageLoansHeldForSale
25441000 USD
mho Business Acquisition Cost Of Acquired Entity Net Of Cash Acquired
BusinessAcquisitionCostOfAcquiredEntityNetOfCashAcquired
4707000 USD
mho Business Acquisition Cost Of Acquired Entity Net Of Cash Acquired
BusinessAcquisitionCostOfAcquiredEntityNetOfCashAcquired
0 USD
CY2013Q2 mho Capitalized Interest And Other Costs Included In Investment In Unconsolidated Llcs
CapitalizedInterestAndOtherCostsIncludedInInvestmentInUnconsolidatedLlcs
700000 USD
CY2012Q4 mho Capitalized Interest And Other Costs Included In Investment In Unconsolidated Llcs
CapitalizedInterestAndOtherCostsIncludedInInvestmentInUnconsolidatedLlcs
800000 USD
CY2012Q4 mho Community Development District
CommunityDevelopmentDistrict
4634000 USD
CY2013Q2 mho Community Development District
CommunityDevelopmentDistrict
3870000 USD
mho Community Development District Infrastructure
CommunityDevelopmentDistrictInfrastructure
-657000 USD
mho Community Development District Infrastructure
CommunityDevelopmentDistrictInfrastructure
-764000 USD
CY2013Q2 mho Community Development District Obligations
CommunityDevelopmentDistrictObligations
3870000 USD
CY2012Q4 mho Community Development District Obligations
CommunityDevelopmentDistrictObligations
4634000 USD
CY2013Q2 mho Consolidated Inventory Not Owned
ConsolidatedInventoryNotOwned
1881000 USD
CY2012Q4 mho Consolidated Inventory Not Owned
ConsolidatedInventoryNotOwned
19105000 USD
mho Consolidated Inventory Not Owned Obligation
ConsolidatedInventoryNotOwnedObligation
-17224000 USD
mho Consolidated Inventory Not Owned Obligation
ConsolidatedInventoryNotOwnedObligation
3096000 USD
mho Deferral Of Executive And Director Compensation
DeferralOfExecutiveAndDirectorCompensation
253000 USD
mho Increase Decrease In Cash Held In Escrow
IncreaseDecreaseInCashHeldInEscrow
-71000 USD
mho Increase In Investment In Llcs And Other Joint Agreements
IncreaseInInvestmentInLlcsAndOtherJointAgreements
16900000 USD
CY2013Q2 mho Incremental Common Shares Attributable To Deferred Compensation
IncrementalCommonSharesAttributableToDeferredCompensation
113000 shares
mho Incremental Common Shares Attributable To Deferred Compensation
IncrementalCommonSharesAttributableToDeferredCompensation
134000 shares
mho Incremental Common Shares Attributable To Deferred Compensation
IncrementalCommonSharesAttributableToDeferredCompensation
115000 shares
mho Distribution Of Single Family Lots From Unconsolidated Llcs
DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs
1366000 USD
mho Distribution Of Single Family Lots From Unconsolidated Llcs
DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs
0 USD
CY2013Q2 mho Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
mho Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
CY2012Q2 mho Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
mho Equity In Income Loss Of Subsidiaries
EquityInIncomeLossOfSubsidiaries
0 USD
mho Executive And Director Deferred Compensation Distributions
ExecutiveAndDirectorDeferredCompensationDistributions
0 USD
mho Fair Value Adjustment Of Mortgage Loans Held For Sale
FairValueAdjustmentOfMortgageLoansHeldForSale
104000 USD
mho Fair Value Adjustment Of Mortgage Loans Held For Sale
FairValueAdjustmentOfMortgageLoansHeldForSale
-1583000 USD
CY2013Q2 mho Financial Bonds
FinancialBonds
3500000 USD
CY2013Q2 mho Financial Letters Of Credit
FinancialLettersOfCredit
12600000 USD
CY2013Q2 mho Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale
ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale
47000000 USD
CY2012Q4 mho Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale
ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale
44000000 USD
CY2012Q4 mho Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments
ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments
26000000 USD
CY2013Q2 mho Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments
ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments
66000000 USD
mho Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
10000 USD
CY2013Q2 mho Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
71000 USD
mho Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
735000 USD
CY2012Q2 mho Gain Loss On Assets And Liabilities Measured On Recurring Basis
GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis
-182000 USD
mho Increase Decrease In Cash Held In Escrow
IncreaseDecreaseInCashHeldInEscrow
15000 USD
CY2012Q2 mho Incremental Common Shares Attributable To Deferred Compensation
IncrementalCommonSharesAttributableToDeferredCompensation
124000 shares
mho Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
61000 shares
CY2012Q2 mho Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
74000 shares
mho Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
278000 shares
CY2013Q2 mho Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
262000 shares
mho Intercompany Financing
IntercompanyFinancing
0 USD
mho Intercompany Financing
IntercompanyFinancing
0 USD
CY2012Q4 mho Intercompanyassets
Intercompanyassets
0 USD
CY2013Q2 mho Intercompanyassets
Intercompanyassets
0 USD
CY2012Q4 mho Intercompanyliabilities
Intercompanyliabilities
0 USD
CY2013Q2 mho Intercompanyliabilities
Intercompanyliabilities
0 USD
CY2012Q4 mho Inventory Model Homes And Furnishings
InventoryModelHomesAndFurnishings
37080000 USD
CY2013Q2 mho Inventory Model Homes And Furnishings
InventoryModelHomesAndFurnishings
35698000 USD
CY2013Q2 mho Inventory Pledged As Collateral Under Line Of Credit Facility
InventoryPledgedAsCollateralUnderLineOfCreditFacility
143000000 USD
CY2012Q4 mho Inventory Segments
InventorySegments
548090000 USD
CY2013Q2 mho Inventory Segments
InventorySegments
604057000 USD
CY2012Q2 mho Land And Housing Costs
LandAndHousingCosts
137111000 USD
CY2013Q2 mho Land And Housing Costs
LandAndHousingCosts
187136000 USD
mho Land And Housing Costs
LandAndHousingCosts
244441000 USD
mho Land And Housing Costs
LandAndHousingCosts
338649000 USD
CY2012Q4 mho Land Purchase Deposits
LandPurchaseDeposits
8727000 USD
mho Return Of Investment From Unconsolidated Llcs
ReturnOfInvestmentFromUnconsolidatedLlcs
0 USD
CY2012Q4 mho Speculative Homes Carrying Value
SpeculativeHomesCarryingValue
89800000 USD
CY2013Q2 mho Land Purchase Deposits
LandPurchaseDeposits
10942000 USD
CY2013Q2 mho Letters Of Credit And Bonds
LettersOfCreditAndBonds
75700000 USD
CY2013Q2 mho Letters Of Credit Outstanding Under Credit Facility
LettersOfCreditOutstandingUnderCreditFacility
14500000 USD
CY2013Q2 mho Letters Of Credit Outstanding Under Letter Of Credit Facilities
LettersOfCreditOutstandingUnderLetterOfCreditFacilities
12100000 USD
CY2012Q4 mho Loan Repurchase Guarantee Liability
LoanRepurchaseGuaranteeLiability
2600000 USD
CY2013Q2 mho Loan Repurchase Guarantee Liability
LoanRepurchaseGuaranteeLiability
3100000 USD
CY2013Q2 mho Restricted Cash For Secured Letter Of Credit Agreements
RestrictedCashForSecuredLetterOfCreditAgreements
12400000 USD
CY2013Q2 mho Restricted Payments Basket
RestrictedPaymentsBasket
49000000 USD
CY2013Q2 mho Maximum Borrowing Availability Under All Credit Lines
MaximumBorrowingAvailabilityUnderAllCreditLines
115000000 USD
CY2012Q4 mho Model Home Accumulated Depreciation
ModelHomeAccumulatedDepreciation
4883000 USD
CY2013Q2 mho Model Home Accumulated Depreciation
ModelHomeAccumulatedDepreciation
5298000 USD
CY2012Q4 mho Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities
MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities
44524000 USD
CY2013Q2 mho Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities
MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities
47223000 USD
CY2013Q2 mho Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments
NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments
3291000 USD
CY2012Q4 mho Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments
NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments
1184000 USD
CY2013Q2 mho Notional Amount Of Uncommitted Interest Rate Lock Commitments
NotionalAmountOfUncommittedInterestRateLockCommitments
65424000 USD
CY2012Q4 mho Notional Amount Of Uncommitted Interest Rate Lock Commitments
NotionalAmountOfUncommittedInterestRateLockCommitments
25854000 USD
CY2013Q2 mho Number Of Secured Letters Of Credit Outstanding Under Credit Facility
NumberOfSecuredLettersOfCreditOutstandingUnderCreditFacility
3
CY2013Q2 mho Number Of Speculative Homes
NumberOfSpeculativeHomes
703 homes
CY2012Q4 mho Number Of Speculative Homes
NumberOfSpeculativeHomes
649
CY2013Q2 mho Obligation For Consolidated Inventory Not Owned
ObligationForConsolidatedInventoryNotOwned
1881000 USD
CY2012Q4 mho Obligation For Consolidated Inventory Not Owned
ObligationForConsolidatedInventoryNotOwned
19105000 USD
CY2012Q4 mho Other Combined Assets
OtherCombinedAssets
262751000 USD
CY2013Q2 mho Other Combined Assets
OtherCombinedAssets
274619000 USD
CY2013Q2 mho Outstanding Letters Of Credit In Lieu Of Cash Deposits Under Certain Land Option Contracts
OutstandingLettersOfCreditInLieuOfCashDepositsUnderCertainLandOptionContracts
6377000 USD
CY2013Q2 mho Outstanding Performance Bonds
OutstandingPerformanceBonds
45600000 USD
CY2013Q2 mho Performance Letters Of Credit Outstanding
PerformanceLettersOfCreditOutstanding
14000000 USD
mho Proceeds From Issuance Of2018 Convertible Senior Subordinated Notes
ProceedsFromIssuanceOf2018ConvertibleSeniorSubordinatedNotes
86250000 USD
CY2013Q2 mho Speculative Homes Carrying Value
SpeculativeHomesCarryingValue
86200000 USD
mho Stockissuedduringperiodpricepershare
Stockissuedduringperiodpricepershare
23.50
CY2013Q2 mho Total Loans Indemnified
TotalLoansIndemnified
1000000 USD
CY2012Q4 mho Total Loans Indemnified
TotalLoansIndemnified
1000000 USD
CY2013Q2 mho Total Of Guaranteed Loans Inquired About
TotalOfGuaranteedLoansInquiredAbout
9300000 USD
CY2012Q4 mho Total Of Guaranteed Loans Inquired About
TotalOfGuaranteedLoansInquiredAbout
7900000 USD
CY2013Q2 mho Total Of Loans Covered By Guarantees
TotalOfLoansCoveredByGuarantees
5900000 USD
CY2012Q4 mho Total Of Loans Covered By Guarantees
TotalOfLoansCoveredByGuarantees
3100000 USD
mho Total Of Valuation Adjustments And Write Offs
TotalOfValuationAdjustmentsAndWriteOffs
823000 USD
CY2012Q2 mho Total Of Valuation Adjustments And Write Offs
TotalOfValuationAdjustmentsAndWriteOffs
697000 USD
CY2013Q2 mho Total Of Valuation Adjustments And Write Offs
TotalOfValuationAdjustmentsAndWriteOffs
1201000 USD
mho Total Of Valuation Adjustments And Write Offs
TotalOfValuationAdjustmentsAndWriteOffs
2101000 USD
CY2012Q2 mho Total Valuation Adjustments And Write Offs
TotalValuationAdjustmentsAndWriteOffs
697000 USD
CY2013Q2 mho Total Valuation Adjustments And Write Offs
TotalValuationAdjustmentsAndWriteOffs
1201000 USD
mho Total Valuation Adjustments And Write Offs
TotalValuationAdjustmentsAndWriteOffs
823000 USD
mho Total Valuation Adjustments And Write Offs
TotalValuationAdjustmentsAndWriteOffs
2101000 USD
CY2013Q2 mho Unrecorded Conditional Purchase Obligation
UnrecordedConditionalPurchaseObligation
321000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000799292
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
24357943 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
M I HOMES INC

Files In Submission

Name View Source Status
0000799292-13-000032-index-headers.html Edgar Link pending
0000799292-13-000032-index.html Edgar Link pending
0000799292-13-000032.txt Edgar Link pending
0000799292-13-000032-xbrl.zip Edgar Link pending
a10q2ndquarter6302013.pdf Edgar Link pending
exhibit311ceocertification.htm Edgar Link pending
exhibit312cfocertification.htm Edgar Link pending
exhibit321ceocertification.htm Edgar Link pending
exhibit322cfocertification.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
mho-20130630.xml Edgar Link completed
mho-20130630.xsd Edgar Link pending
mho-20130630x10q.htm Edgar Link pending
mho-20130630_cal.xml Edgar Link unprocessable
mho-20130630_def.xml Edgar Link unprocessable
mho-20130630_lab.xml Edgar Link unprocessable
mho-20130630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R1.xml Edgar Link unprocessable
R10.htm Edgar Link pending
R10.xml Edgar Link unprocessable
R11.htm Edgar Link pending
R11.xml Edgar Link unprocessable
R12.htm Edgar Link pending
R12.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R13.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R14.xml Edgar Link unprocessable
R15.htm Edgar Link pending
R15.xml Edgar Link unprocessable
R16.htm Edgar Link pending
R16.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R17.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R18.xml Edgar Link unprocessable
R19.htm Edgar Link pending
R19.xml Edgar Link unprocessable
R2.htm Edgar Link pending
R2.xml Edgar Link unprocessable
R20.htm Edgar Link pending
R20.xml Edgar Link unprocessable
R21.htm Edgar Link pending
R21.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R22.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R23.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R24.xml Edgar Link unprocessable
R25.htm Edgar Link pending
R25.xml Edgar Link unprocessable
R26.htm Edgar Link pending
R26.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R27.xml Edgar Link unprocessable
R28.htm Edgar Link pending
R28.xml Edgar Link unprocessable
R29.htm Edgar Link pending
R29.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R3.xml Edgar Link unprocessable
R30.htm Edgar Link pending
R30.xml Edgar Link unprocessable
R31.htm Edgar Link pending
R31.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R32.xml Edgar Link unprocessable
R33.htm Edgar Link pending
R33.xml Edgar Link unprocessable
R34.htm Edgar Link pending
R34.xml Edgar Link unprocessable
R35.htm Edgar Link pending
R35.xml Edgar Link unprocessable
R36.htm Edgar Link pending
R36.xml Edgar Link unprocessable
R37.htm Edgar Link pending
R37.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R38.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R39.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R4.xml Edgar Link unprocessable
R40.htm Edgar Link pending
R40.xml Edgar Link unprocessable
R41.htm Edgar Link pending
R41.xml Edgar Link unprocessable
R42.htm Edgar Link pending
R42.xml Edgar Link unprocessable
R43.htm Edgar Link pending
R43.xml Edgar Link unprocessable
R44.htm Edgar Link pending
R44.xml Edgar Link unprocessable
R45.htm Edgar Link pending
R45.xml Edgar Link unprocessable
R46.htm Edgar Link pending
R46.xml Edgar Link unprocessable
R47.htm Edgar Link pending
R47.xml Edgar Link unprocessable
R48.htm Edgar Link pending
R48.xml Edgar Link unprocessable
R49.htm Edgar Link pending
R49.xml Edgar Link unprocessable
R5.htm Edgar Link pending
R5.xml Edgar Link unprocessable
R50.htm Edgar Link pending
R50.xml Edgar Link unprocessable
R51.htm Edgar Link pending
R51.xml Edgar Link unprocessable
R52.htm Edgar Link pending
R52.xml Edgar Link unprocessable
R53.htm Edgar Link pending
R53.xml Edgar Link unprocessable
R54.htm Edgar Link pending
R54.xml Edgar Link unprocessable
R55.htm Edgar Link pending
R55.xml Edgar Link unprocessable
R56.htm Edgar Link pending
R56.xml Edgar Link unprocessable
R57.htm Edgar Link pending
R57.xml Edgar Link unprocessable
R58.htm Edgar Link pending
R58.xml Edgar Link unprocessable
R59.htm Edgar Link pending
R59.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R6.xml Edgar Link unprocessable
R60.htm Edgar Link pending
R60.xml Edgar Link unprocessable
R7.htm Edgar Link pending
R7.xml Edgar Link unprocessable
R8.htm Edgar Link pending
R8.xml Edgar Link unprocessable
R9.htm Edgar Link pending
R9.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending