$MHO
M/I HOMES, INC. Stock $mho

$mho Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000079929217000039 Filed on October 27, 2017

Income Statement

Concept	2017 Q3	2016 Q3
Revenue	$476.4M	$442.5M
YoY Change	7.67%	21.74%
Cost Of Revenue	$374.7M	$363.6M
YoY Change	3.05%	27.4%
Gross Profit	$101.8M	$78.83M
YoY Change	29.08%	1.01%
Gross Profit Margin	21.36%	17.82%
Selling, General & Admin	$62.47M	$56.82M
YoY Change	9.94%	18.58%
% of Gross Profit	61.4%	72.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.800M	$2.700M
YoY Change	3.7%	50.0%
% of Gross Profit	2.75%	3.43%
Operating Expenses	$62.47M	$56.82M
YoY Change	9.94%	18.58%
Operating Profit	$39.28M	$22.01M
YoY Change	78.48%	-26.94%
Interest Expense	$4.675M	$3.587M
YoY Change	30.33%	-1.94%
% of Operating Profit	11.9%	16.3%
Other Income/Expense, Net
YoY Change
Pretax Income	$34.67M	$18.44M
YoY Change	88.0%	-30.4%
Income Tax	$12.35M	$7.501M
% Of Pretax Income	35.61%	40.67%
Net Earnings	$22.33M	$10.94M
YoY Change	104.05%	-29.72%
Net Earnings / Revenue	4.69%	2.47%
Basic Earnings Per Share	$0.74	$0.39
Diluted Earnings Per Share	$0.64	$0.35
COMMON SHARES
Basic Shares Outstanding	25.58M shares	24.67M shares
Diluted Shares Outstanding	30.68M shares	30.14M shares

Balance Sheet

Concept	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$103.6M	$22.30M
YoY Change	364.57%	-11.16%
Cash & Equivalents	$103.6M	$23.31M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.456B	$1.225B
Prepaid Expenses
Receivables	$92.00M	$95.50M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.651B	$1.343B
YoY Change	22.96%	8.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.32M	$21.79M
YoY Change	16.19%	84.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$22.98M	$26.53M
YoY Change	-13.37%	-20.29%
Other Assets	$29.60M	$40.90M
YoY Change	-27.63%	-44.73%
Total Long-Term Assets	$133.3M	$154.2M
YoY Change	-13.58%	-9.22%
TOTAL ASSETS
Total Short-Term Assets	$1.651B	$1.343B
Total Long-Term Assets	$133.3M	$154.2M
Total Assets	$1.785B	$1.497B
YoY Change	19.2%	6.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$120.6M	$110.2M
YoY Change	9.44%	14.79%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due		$56.90M
YoY Change
Total Short-Term Liabilities	$151.2M	$193.5M
YoY Change	-21.86%	68.26%
LONG-TERM LIABILITIES
Long-Term Debt	$774.2M	$565.7M
YoY Change	36.86%	-7.44%
Other Long-Term Liabilities	$136.4M	$106.4M
YoY Change	28.2%	10.26%
Total Long-Term Liabilities	$910.6M	$672.1M
YoY Change	35.49%	-5.03%
TOTAL LIABILITIES
Total Short-Term Liabilities	$151.2M	$193.5M
Total Long-Term Liabilities	$910.6M	$672.1M
Total Liabilities	$1.062B	$865.6M
YoY Change	22.65%	5.22%
SHAREHOLDERS EQUITY
Retained Earnings	$457.4M	$387.8M
YoY Change	17.95%	12.94%
Common Stock	$305.0M	$243.8M
YoY Change	25.13%	1.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$39.48M	$48.14M
YoY Change	-17.98%	-0.82%
Treasury Stock Shares	1.988M shares	2.424M shares
Shareholders Equity	$723.0M	$631.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.785B	$1.497B
YoY Change	19.2%	6.49%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	$22.33M	$10.94M
YoY Change	104.05%	-29.72%
Depreciation, Depletion And Amortization	$2.800M	$2.700M
YoY Change	3.7%	50.0%
Cash From Operating Activities	-$26.70M	-$14.40M
YoY Change	85.42%	-70.61%
INVESTING ACTIVITIES
Capital Expenditures	-$4.100M	-$600.0K
YoY Change	583.33%	0.0%
Acquisitions
YoY Change
Other Investing Activities	-$1.800M	-$4.300M
YoY Change	-58.14%	207.14%
Cash From Investing Activities	-$6.100M	-$4.900M
YoY Change	24.49%	145.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	106.4M	12.60M
YoY Change	744.44%	-76.8%
NET CHANGE
Cash From Operating Activities	-26.70M	-14.40M
Cash From Investing Activities	-6.100M	-4.900M
Cash From Financing Activities	106.4M	12.60M
Net Change In Cash	73.60M	-6.700M
YoY Change	-1198.51%	-303.03%
FREE CASH FLOW
Cash From Operating Activities	-$26.70M	-$14.40M
Capital Expenditures	-$4.100M	-$600.0K
Free Cash Flow	-$22.60M	-$13.80M
YoY Change	63.77%	-71.49%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3656000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000799292
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27520632	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	M I HOMES INC
CY2016Q4	mho	A2017 Convertible Subordianted Debt A2017ConvertibleSubordiantedDebt	57093000	USD
CY2017Q3	mho	A2017 Convertible Subordianted Debt A2017ConvertibleSubordiantedDebt	0	USD
CY2016Q4	mho	A2018 Convertible Subordinated Debt A2018ConvertibleSubordinatedDebt	85423000	USD
CY2017Q3	mho	A2018 Convertible Subordinated Debt A2018ConvertibleSubordinatedDebt	85955000	USD
CY2017Q2	mho	Aggregate Capacity Of Secured Letters Of Credit Under Credit Facility AggregateCapacityOfSecuredLettersOfCreditUnderCreditFacility	2000000	USD
CY2017Q3	mho	Aggregate Capacity Of Secured Letters Of Credit Under Credit Facility AggregateCapacityOfSecuredLettersOfCreditUnderCreditFacility	1000000	USD
	mho	Amortization Of Intangibles And Debt Discount And Debt Issue Costs AmortizationOfIntangiblesAndDebtDiscountAndDebtIssueCosts	2552000	USD
	mho	Amortization Of Intangibles And Debt Discount And Debt Issue Costs AmortizationOfIntangiblesAndDebtDiscountAndDebtIssueCosts	2632000	USD
	mho	Intercompany Financing IntercompanyFinancing	0	USD
	mho	Intercompany Financing IntercompanyFinancing	0	USD
	mho	Intercompany Investing IntercompanyInvesting	0	USD
	mho	Intercompany Investing IntercompanyInvesting	0	USD
CY2016Q4	mho	Best Effort Contracts And Related Mortgage Loans Held For Sale BestEffortContractsAndRelatedMortgageLoansHeldForSale	125348000	USD
CY2017Q3	mho	Best Effort Contracts And Related Mortgage Loans Held For Sale BestEffortContractsAndRelatedMortgageLoansHeldForSale	10423000	USD
CY2016Q4	mho	Amount Reserved For Legal Expenses AmountReservedForLegalExpenses	300000	USD
CY2017Q3	mho	Amount Reserved For Legal Expenses AmountReservedForLegalExpenses	400000	USD
CY2016Q4	mho	Community Development District CommunityDevelopmentDistrict	476000	USD
CY2017Q3	mho	Community Development District CommunityDevelopmentDistrict	5298000	USD
	mho	Community Development District Infrastructure CommunityDevelopmentDistrictInfrastructure	-467000	USD
	mho	Community Development District Infrastructure CommunityDevelopmentDistrictInfrastructure	4822000	USD
CY2016Q4	mho	Community Development District Obligations CommunityDevelopmentDistrictObligations	476000	USD
CY2017Q3	mho	Community Development District Obligations CommunityDevelopmentDistrictObligations	5298000	USD
CY2016Q4	mho	Consolidated Inventory Not Owned ConsolidatedInventoryNotOwned	7528000	USD
CY2017Q3	mho	Consolidated Inventory Not Owned ConsolidatedInventoryNotOwned	22203000	USD
	mho	Consolidated Inventory Not Owned Obligation ConsolidatedInventoryNotOwnedObligation	-145000	USD
	mho	Consolidated Inventory Not Owned Obligation ConsolidatedInventoryNotOwnedObligation	14675000	USD
	mho	Deferral Of Executive And Director Compensation DeferralOfExecutiveAndDirectorCompensation	351000	USD
	mho	Distribution Of Single Family Lots From Unconsolidated Llcs DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs	20912000	USD
	mho	Distribution Of Single Family Lots From Unconsolidated Llcs DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs	11839000	USD
CY2016Q3	mho	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
	mho	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
CY2017Q3	mho	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
	mho	Equity In Income Loss Of Subsidiaries EquityInIncomeLossOfSubsidiaries	0	USD
CY2017Q3	mho	Estimated Repair Costsfor Affected Homes EstimatedRepairCostsforAffectedHomes	11300000	USD
	mho	Executive And Director Deferred Compensation Distributions ExecutiveAndDirectorDeferredCompensationDistributions	0	USD
	mho	Fair Value Adjustment Of Mortgage Loans Held For Sale FairValueAdjustmentOfMortgageLoansHeldForSale	1059000	USD
	mho	Fair Value Adjustment Of Mortgage Loans Held For Sale FairValueAdjustmentOfMortgageLoansHeldForSale	4326000	USD
CY2017Q3	mho	Financial Bonds FinancialBonds	7500000	USD
CY2017Q3	mho	Financial Letters Of Credit FinancialLettersOfCredit	8500000	USD
CY2016Q4	mho	Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale	33000000	USD
CY2017Q3	mho	Forward Sales Of Mortgage Backed Securities Related To Mortgage Loans Held For Sale ForwardSalesOfMortgageBackedSecuritiesRelatedToMortgageLoansHeldForSale	81000000	USD
CY2016Q4	mho	Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments	66000000	USD
CY2017Q3	mho	Forward Sales Of Mortgage Backed Securities Related To Uncommitted Interest Rate Lock Commitments ForwardSalesOfMortgageBackedSecuritiesRelatedToUncommittedInterestRateLockCommitments	105000000	USD
CY2016Q3	mho	Gain Loss On Assets And Liabilities Measured On Recurring Basis GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis	-200000	USD
	mho	Gain Loss On Assets And Liabilities Measured On Recurring Basis GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis	1233000	USD
CY2017Q3	mho	Gain Loss On Assets And Liabilities Measured On Recurring Basis GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis	-211000	USD
	mho	Gain Loss On Assets And Liabilities Measured On Recurring Basis GainLossOnAssetsAndLiabilitiesMeasuredOnRecurringBasis	4713000	USD
CY2017Q2	mho	General Liability Insurance Deductible GeneralLiabilityInsuranceDeductible	7500000	USD
CY2017Q3	mho	General Liability Insurance Deductible GeneralLiabilityInsuranceDeductible	10000000	USD
	mho	Increase In Investment In Llcs And Other Joint Agreements IncreaseInInvestmentInLlcsAndOtherJointAgreements	-5000000	USD
CY2016Q3	mho	Incremental Common Shares Attributable To Deferred Compensation IncrementalCommonSharesAttributableToDeferredCompensation	154000	shares
	mho	Incremental Common Shares Attributable To Deferred Compensation IncrementalCommonSharesAttributableToDeferredCompensation	143000	shares
CY2017Q3	mho	Incremental Common Shares Attributable To Deferred Compensation IncrementalCommonSharesAttributableToDeferredCompensation	237000	shares
	mho	Incremental Common Shares Attributable To Deferred Compensation IncrementalCommonSharesAttributableToDeferredCompensation	207000	shares
CY2016Q3	mho	Incremental Common Shares Attributable To Stock Options IncrementalCommonSharesAttributableToStockOptions	231000	shares
	mho	Incremental Common Shares Attributable To Stock Options IncrementalCommonSharesAttributableToStockOptions	200000	shares
CY2017Q3	mho	Incremental Common Shares Attributable To Stock Options IncrementalCommonSharesAttributableToStockOptions	248000	shares
	mho	Incremental Common Shares Attributable To Stock Options IncrementalCommonSharesAttributableToStockOptions	302000	shares
CY2016Q4	mho	Intercompanyassets Intercompanyassets	0	USD
CY2017Q3	mho	Intercompanyassets Intercompanyassets	0	USD
CY2016Q4	mho	Intercompanyliabilities Intercompanyliabilities	0	USD
CY2017Q3	mho	Intercompanyliabilities Intercompanyliabilities	0	USD
CY2016Q4	mho	Inventory Model Homes And Furnishings InventoryModelHomesAndFurnishings	68727000	USD
CY2017Q3	mho	Inventory Model Homes And Furnishings InventoryModelHomesAndFurnishings	75618000	USD
CY2016Q4	mho	Inventory Segments InventorySegments	1186078000	USD
CY2017Q3	mho	Inventory Segments InventorySegments	1424435000	USD
CY2016Q3	mho	Land And Housing Costs LandAndHousingCosts	363635000	USD
	mho	Land And Housing Costs LandAndHousingCosts	943515000	USD
CY2017Q3	mho	Land And Housing Costs LandAndHousingCosts	374673000	USD
	mho	Land And Housing Costs LandAndHousingCosts	1062552000	USD
CY2016Q4	mho	Land Purchase Deposits LandPurchaseDeposits	29856000	USD
CY2017Q3	mho	Land Purchase Deposits LandPurchaseDeposits	31374000	USD
CY2017Q3	mho	Letters Of Credit And Bonds LettersOfCreditAndBonds	167700000	USD
CY2017Q3	mho	Letters Of Credit Outstanding Under Credit Facility LettersOfCreditOutstandingUnderCreditFacility	40800000	USD
CY2016Q4	mho	Letters Of Credit Outstanding Under Letter Of Credit Facilities LettersOfCreditOutstandingUnderLetterOfCreditFacilities	624000	USD
CY2017Q3	mho	Letters Of Credit Outstanding Under Letter Of Credit Facilities LettersOfCreditOutstandingUnderLetterOfCreditFacilities	610000	USD
CY2016Q4	mho	Loan Repurchase Guarantee Liability LoanRepurchaseGuaranteeLiability	900000	USD
CY2017Q3	mho	Loan Repurchase Guarantee Liability LoanRepurchaseGuaranteeLiability	700000	USD
CY2016Q4	mho	Maximum Borrowing Availability Under All Credit Lines MaximumBorrowingAvailabilityUnderAllCreditLines	185000000	USD
CY2017Q3	mho	Maximum Borrowing Availability Under All Credit Lines MaximumBorrowingAvailabilityUnderAllCreditLines	185000000	USD
CY2017Q3	mho	Maximumborrowingavailabilitysubjecttolimit Maximumborrowingavailabilitysubjecttolimit	434200000	USD
CY2017Q3	mho	Maximumborrowingavailabilitysubjecttoobtainingadditionalcommitments Maximumborrowingavailabilitysubjecttoobtainingadditionalcommitments	500000000	USD
CY2016Q4	mho	Model Home Accumulated Depreciation ModelHomeAccumulatedDepreciation	11835000	USD
CY2017Q3	mho	Model Home Accumulated Depreciation ModelHomeAccumulatedDepreciation	12929000	USD
CY2016Q4	mho	Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities	32870000	USD
CY2017Q3	mho	Mortgage Loans Held For Sale Covered By Forward Sales Of Mortgage Backed Securities MortgageLoansHeldForSaleCoveredByForwardSalesOfMortgageBackedSecurities	81244000	USD
CY2016Q4	mho	Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments	6607000	USD
CY2017Q3	mho	Notional Amount Of Best Effort Contracts And Related Committed Interest Rate Lock Commitments NotionalAmountOfBestEffortContractsAndRelatedCommittedInterestRateLockCommitments	2571000	USD
CY2016Q4	mho	Notional Amount Of Uncommitted Interest Rate Lock Commitments NotionalAmountOfUncommittedInterestRateLockCommitments	66875000	USD
CY2017Q3	mho	Notional Amount Of Uncommitted Interest Rate Lock Commitments NotionalAmountOfUncommittedInterestRateLockCommitments	105104000	USD
CY2016Q4	mho	Number Of Speculative Homes NumberOfSpeculativeHomes	996
CY2017Q3	mho	Number Of Speculative Homes NumberOfSpeculativeHomes	1168	homes
CY2016Q4	mho	Obligation For Consolidated Inventory Not Owned ObligationForConsolidatedInventoryNotOwned	7528000	USD
CY2017Q3	mho	Obligation For Consolidated Inventory Not Owned ObligationForConsolidatedInventoryNotOwned	22203000	USD
CY2016Q4	mho	Other Combined Assets OtherCombinedAssets	304561000	USD
CY2017Q3	mho	Other Combined Assets OtherCombinedAssets	305905000	USD
CY2017Q3	mho	Outstanding Letters Of Credit In Lieu Of Cash Deposits Under Certain Land Option Contracts OutstandingLettersOfCreditInLieuOfCashDepositsUnderCertainLandOptionContracts	7800000	USD
CY2017Q3	mho	Outstanding Performance Bonds OutstandingPerformanceBonds	118800000	USD
CY2017Q3	mho	Performance Letters Of Credit Outstanding PerformanceLettersOfCreditOutstanding	32900000	USD
CY2013Q2	mho	Preferredsharesredeemed Preferredsharesredeemed	2000	shares
CY2017Q3	mho	Preferredsharesredeemed Preferredsharesredeemed	2000	shares
CY2016Q4	mho	Restricted Cash For Secured Letter Of Credit Agreements RestrictedCashForSecuredLetterOfCreditAgreements	630000	USD
	mho	Return Of Investment From Unconsolidated Llcs ReturnOfInvestmentFromUnconsolidatedLlcs	1833000	USD
CY2017Q3	mho	Restricted Cash For Secured Letter Of Credit Agreements RestrictedCashForSecuredLetterOfCreditAgreements	616000	USD
CY2016Q4	mho	Restricted Payments Basket RestrictedPaymentsBasket	144900000	USD
CY2017Q3	mho	Restricted Payments Basket RestrictedPaymentsBasket	220400000	USD
	mho	Return Of Investment From Unconsolidated Llcs ReturnOfInvestmentFromUnconsolidatedLlcs	0	USD
CY2016Q4	mho	Seniornotesdue2021 Seniornotesdue2021	295677000	USD
CY2017Q3	mho	Seniornotesdue2021 Seniornotesdue2021	296505000	USD
CY2016Q4	mho	Seniornotesdue2025 Seniornotesdue2025	0	USD
CY2017Q3	mho	Seniornotesdue2025 Seniornotesdue2025	245958000	USD
CY2016Q4	mho	Speculative Homes Carrying Value SpeculativeHomesCarryingValue	199400000	USD
CY2017Q3	mho	Speculative Homes Carrying Value SpeculativeHomesCarryingValue	238900000	USD
CY2016Q4	mho	Total Cash Cash Equivalents And Restricted Cash TotalCashCashEquivalentsAndRestrictedCash	34441000	USD
CY2017Q3	mho	Total Cash Cash Equivalents And Restricted Cash TotalCashCashEquivalentsAndRestrictedCash	103636000	USD
CY2016Q4	mho	Total Loans Indemnified TotalLoansIndemnified	1600000	USD
CY2017Q3	mho	Total Loans Indemnified TotalLoansIndemnified	1300000	USD
CY2016Q4	mho	Total Of Guaranteed Loans Inquired About TotalOfGuaranteedLoansInquiredAbout	900000	USD
CY2017Q3	mho	Total Of Guaranteed Loans Inquired About TotalOfGuaranteedLoansInquiredAbout	600000	USD
CY2016Q4	mho	Total Of Loans Covered By Guarantees TotalOfLoansCoveredByGuarantees	27600000	USD
CY2017Q3	mho	Total Of Loans Covered By Guarantees TotalOfLoansCoveredByGuarantees	36700000	USD
CY2017Q3	mho	Unrecorded Conditional Purchase Obligation UnrecordedConditionalPurchaseObligation	672900000	USD
CY2017Q2	mho	Workers Compensation WorkersCompensation	500000	USD
CY2017Q3	mho	Workers Compensation WorkersCompensation	250000	USD
CY2016Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	103212000	USD
CY2017Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	120598000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	246549000	USD
CY2017Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	304715000	USD
CY2016Q4	us-gaap	Advances On Inventory Purchases AdvancesOnInventoryPurchases	29856000	USD
CY2017Q3	us-gaap	Advances On Inventory Purchases AdvancesOnInventoryPurchases	31374000	USD
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	1262000	USD
	us-gaap	Amortization Of Mortgage Servicing Rights Ms Rs AmortizationOfMortgageServicingRightsMSRs	789000	USD
CY2016Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	896000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1288000	shares
CY2017Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	31000	shares
CY2016Q4	us-gaap	Assets Assets	1548511000	USD
CY2017Q3	us-gaap	Assets Assets	1784695000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13101000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23308000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34441000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	103636000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	10207000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	69195000	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2017Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	58000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	58000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27092723	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	29508626	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	271000	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	295000	USD
CY2016Q3	us-gaap	Costs And Expenses CostsAndExpenses	424021000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1109973000	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	441750000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1254076000	USD
CY2016Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	22156000	USD
CY2017Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	30583000	USD
CY2017Q3	us-gaap	Debt Instrument Unused Borrowing Capacity Amount DebtInstrumentUnusedBorrowingCapacityAmount	512100000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	30875000	USD
CY2017Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	29569000	USD
	us-gaap	Depreciation Depreciation	6328000	USD
	us-gaap	Depreciation Depreciation	7078000	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	-3656000	USD
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.39
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.31
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.74
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.00
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.35
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.17
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.64
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.73
CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.407	Rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.380	Rate
CY2017Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.356	Rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.348	Rate
CY2016Q4	us-gaap	Equity Method Investments EquityMethodInvestments	28016000	USD
CY2017Q3	us-gaap	Equity Method Investments EquityMethodInvestments	22981000	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29160000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	78249000	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	31337000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	89209000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	18443000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	58108000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	34673000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	86193000	USD
CY2016Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	24000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	413000	USD
CY2017Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	71000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	198000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	7501000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22061000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12346000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	29994000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2073000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	27702000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	23301000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	17386000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-6073000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-9341000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	6872000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	8427000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-20911000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1306000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	96510000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	212660000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	16364000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4763000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	18000000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-4600000	USD
CY2016Q3	us-gaap	Interest Costs Incurred InterestCostsIncurred	8726000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	26552000	USD
CY2017Q3	us-gaap	Interest Costs Incurred InterestCostsIncurred	10853000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	29087000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	3587000	USD
	us-gaap	Interest Expense InterestExpense	13160000	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	4675000	USD
	us-gaap	Interest Expense InterestExpense	13847000	USD
	us-gaap	Interest Paid Net InterestPaidNet	8919000	USD
	us-gaap	Interest Paid Net InterestPaidNet	15386000	USD
CY2016Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	494664000	USD
CY2017Q3	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	645816000	USD
CY2016Q4	us-gaap	Inventory Land Held For Sale InventoryLandHeldForSale	12155000	USD
CY2017Q3	us-gaap	Inventory Land Held For Sale InventoryLandHeldForSale	12330000	USD
CY2016Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1215934000	USD
CY2017Q3	us-gaap	Inventory Real Estate InventoryRealEstate	1455809000	USD
CY2016Q4	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	602528000	USD
CY2017Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	663170000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2017Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2016Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	37700000	USD
CY2017Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	41400000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	894337000	USD
CY2017Q3	us-gaap	Liabilities Liabilities	1061722000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1548511000	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1784695000	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	40300000	USD
CY2017Q3	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q4	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage	154020000	USD
CY2017Q3	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage	91987000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5384000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	140285000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21679000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5065000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	26502000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-66025000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	10942000	USD
	us-gaap	Net Income Loss NetIncomeLoss	36047000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	22327000	USD
	us-gaap	Net Income Loss NetIncomeLoss	56199000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	9724000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	32391000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18852000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	50286000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	10612000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	35097000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	19706000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	52978000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	22006000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	70855000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	39277000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	99842000	USD
CY2016Q4	us-gaap	Other Assets OtherAssets	62926000	USD
CY2017Q3	us-gaap	Other Assets OtherAssets	55393000	USD
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	123162000	USD
CY2017Q3	us-gaap	Other Liabilities OtherLiabilities	108870000	USD
CY2016Q4	us-gaap	Other Notes Payable OtherNotesPayable	6415000	USD
CY2017Q3	us-gaap	Other Notes Payable OtherNotesPayable	4057000	USD
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	654905000	USD
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	732587000	USD
	us-gaap	Payments For Proceeds From Mortgage Servicing Rights PaymentsForProceedsFromMortgageServicingRights	4350000	USD
	us-gaap	Payments For Proceeds From Mortgage Servicing Rights PaymentsForProceedsFromMortgageServicingRights	3873000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	50352000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	50420000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	193000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	6572000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	3656000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	3656000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	10060000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	8439000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11619000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6017000	USD
	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0975
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
CY2016Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1218000	USD
CY2017Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1218000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3656000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Redemption Amount Future Redeemable Securities PreferredStockRedemptionAmountFutureRedeemableSecurities	0	USD
CY2017Q3	us-gaap	Preferred Stock Redemption Amount Future Redeemable Securities PreferredStockRedemptionAmountFutureRedeemableSecurities	50420000	USD
CY2016Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	0	USD
CY2017Q3	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	2257000	USD
	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	2257000	USD
CY2017Q3	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	609.375
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2013Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2000	shares
CY2007Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	2000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	48163000	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	276800000	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	366500000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	57500000	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	0	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	250000000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	125000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	-2358000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	-32165000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	-61620000	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	0	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	57500000	USD
	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	0	USD
	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	50420000	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	687420000	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	798946000	USD
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	0	USD
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	7558000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	73000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	4791000	USD
CY2015Q4	us-gaap	Product Liability Accrual Component Amount ProductLiabilityAccrualComponentAmount	500000	USD
CY2016Q4	us-gaap	Product Liability Accrual Component Amount ProductLiabilityAccrualComponentAmount	19400000	USD
CY2015Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	14281000	USD
CY2016Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	15815000	USD
CY2016Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	27938000	USD
CY2016Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	27732000	USD
CY2017Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	30303000	USD
CY2017Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	27068000	USD
CY2016Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	-5658000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	-13591000	USD
CY2017Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	-6209000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	-18412000	USD
CY2016Q3	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	14500000	USD
	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	19409000	USD
CY2017Q3	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	0	USD
	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	8500000	USD
	us-gaap	Product Warranty Accrual Period Increase Decrease ProductWarrantyAccrualPeriodIncreaseDecrease	8500000	USD
CY2016Q3	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	526000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	563000	USD
CY2017Q3	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	92000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	1154000	USD
CY2016Q3	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2755000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	7276000	USD
CY2017Q3	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2882000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	8094000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	10942000	USD
	us-gaap	Profit Loss ProfitLoss	36047000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	22327000	USD
	us-gaap	Profit Loss ProfitLoss	56199000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	22299000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25320000	USD
CY2015Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	16740000	USD
CY2016Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	16818000	USD
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	16994000	USD
CY2016Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	16012000	USD
CY2017Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	16465000	USD
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	17655000	USD
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	-4963000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	-13138000	USD
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	-4988000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	-13597000	USD
CY2016Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	5139000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	13392000	USD
CY2017Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	6178000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	15240000	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	235600000	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	406800000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	407161000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	457447000	USD
CY2016Q3	us-gaap	Revenues Revenues	442464000	USD
	us-gaap	Revenues Revenues	1168081000	USD
CY2017Q3	us-gaap	Revenues Revenues	476423000	USD
	us-gaap	Revenues Revenues	1340269000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	442464000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	1168081000	USD
CY2017Q3	us-gaap	Sales Revenue Net SalesRevenueNet	476423000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	1340269000	USD
CY2016Q4	us-gaap	Secured Debt SecuredDebt	3400000	USD
CY2016Q3	us-gaap	Selling Expense SellingExpense	27663000	USD
	us-gaap	Selling Expense SellingExpense	75462000	USD
CY2017Q3	us-gaap	Selling Expense SellingExpense	31136000	USD
	us-gaap	Selling Expense SellingExpense	88666000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3483000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4034000	USD
CY2007Q1	us-gaap	Shares Issued SharesIssued	4000000	shares
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	4791000	USD
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	-50420000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	654174000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	722973000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	654174000	USD
CY2017Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	722973000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	2415290	shares
CY2017Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	1987994	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	47970000	USD
CY2017Q3	us-gaap	Treasury Stock Value TreasuryStockValue	39484000	USD
CY2016Q4	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	152895000	USD
CY2017Q3	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	91275000	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30139000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30093000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30675000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30539000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24669000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24665000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25581000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25106000	shares
	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 “financial statements”) of M/I Homes, Inc. and its subsidiaries (the “Company”) and notes thereto have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. The financial statements include the accounts of the Company. 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, 2016</font><font style="font-family:inherit;font-size:10pt;"> (the “</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</font><font style="font-family:inherit;font-size:10pt;"> Form 10-K”).</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 joint ventures, 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 “Item 1A. Risk Factors” in Part I of our </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2016</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, including the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2017. </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-style:italic;font-weight:bold;">Reclassifications</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;">Certain financial statement line items reflected on the September 30, 2016 Statement of Cash Flows were affected by the Company’s early adoption of Accounting Standards Update (“ASU”) No. 2016-18, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows: Restricted Cash</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-18”) during the fourth quarter of 2016 as a result of the change in accounting principle.</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-style:italic;font-weight:bold;">Recently Adopted 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 March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences and classification on the statement of cash flows. For public entities, ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company adopted the new standard in the first quarter of 2017. Excess tax benefits or deficiencies for stock-based compensation are now reflected in the Condensed Consolidated Statements of Income as a component of income tax expense, whereas previously they were recognized in equity. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements and disclosures.</font></div><div style="line-height:120%;padding-bottom:13px;padding-top:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Impact of New Accounting Standards</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers </font><font style="font-family:inherit;font-size:10pt;">(“ASU 2014-09”), which provides guidance for revenue recognition. ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets and supersedes the revenue recognition requirements in ASC 605, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, “Revenue Recognition-Construction-Type and Production-Type Contracts.” ASU 2014-09’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which a company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under today’s guidance, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August 2015, the FASB issued ASU No. 2015-14, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Deferral of the Effective Date</font><font style="font-family:inherit;font-size:10pt;">, which delayed the effective date of ASU 2014-09 by one year. ASU 2014-09, as amended, is effective for public companies for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsequent to the issuance of ASU 2014-09, the FASB has issued several ASUs, such as ASU 2016-08, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net)</font><font style="font-family:inherit;font-size:10pt;">, ASU 2016-10, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing</font><font style="font-family:inherit;font-size:10pt;">, and ASU 2016-12, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients</font><font style="font-family:inherit;font-size:10pt;">. These ASUs do not change the core principle of the guidance stated in ASU 2014-09. Instead, these amendments are intended to clarify and improve the operability of certain topics addressed by ASU 2014-09. These additional ASUs will have the same effective date and transition requirements as ASU 2014-09, as amended. See below for additional explanation of each of these additional ASUs. The Company does not believe the adoption of these additional ASUs will have a material impact on our consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The new standard is effective for our fiscal year beginning January 1, 2018, and, at that time, we currently anticipate adopting the standard using the cumulative catch-up transition method. We anticipate this standard will not have a material impact on our consolidated financial statements. While we are continuing to assess all potential impacts of the standard, we expect the amount and timing of our housing revenue to remain substantially unchanged. Due to the complexity of certain of our land contracts, however, the actual revenue recognition treatment required under the standard for land sales will depend on contract-specific terms. We do not expect significant changes to our business processes, systems, or internal controls as a result of adopting the standard. However, we continue to evaluate the impact of the revised disclosure requirements.</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 February 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-02”). ASU 2016-02 will require organizations that lease assets - referred to as “lessees” - to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Under ASU 2016-02, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Lessor accounting remains substantially similar to current GAAP. In addition, disclosures of leasing activities will expand to include qualitative and specific quantitative information. For public entities, ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. ASU 2016-02 mandates a modified retrospective transition method. The Company is currently evaluating the potential impact the adoption of ASU 2016-02 will have on the Company’s consolidated financial statements and disclosures.</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 March 2016, the FASB issued ASU No. 2016-08, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross versus Net)</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-08”). The amendments in this ASU are intended to improve the operability and understandability of the implementation guidance stated in ASU 2014-09 on principal versus agent considerations and whether an entity reports revenue on a gross or net basis.</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 2016, the FASB issued ASU No. 2016-10, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-10”).  ASU 2016-10 provides guidance on identifying performance obligations and licensing. This update clarifies the guidance in ASU 2014-09 relating to identifying performance obligations and licensing. </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%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2016, the FASB issued ASU No. 2016-12, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers: Narrow Scope Improvements and Practical Expedients</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-12”). ASU 2016-12 provides for amendments to ASU 2014-09 regarding transition, collectability, noncash consideration, and presentation of sales tax and other similar taxes.  Specifically, ASU 2016-12 clarifies that, for a contract to be considered completed at transition, all or substantially all of the revenue must have been recognized under legacy GAAP. In addition, ASU 2016-12 clarifies how an entity should evaluate the collectability threshold and when an entity can recognize nonrefundable consideration received as revenue if an arrangement does not meet the standard’s contract criteria. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2016-15”). ASU 2016-15 provides guidance on how certain cash receipts and cash payments are to be presented and classified in the statement of cash flows. For public entities, ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The adoption of ASU 2016-15 will modify the Company's current disclosures and reclassifications within the condensed consolidated statement of cash flows but is not expected to have a material effect on the Company’s consolidated financial statements and disclosures.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Business Combinations (Topic 805): Clarifying the Definition of a Business</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2017-01”), which provides a more robust framework for determining whether transactions should be accounted for as acquisitions (or dispositions) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the potential impact the adoption of ASU 2017-01 will have on the Company’s consolidated financial statements and disclosures.</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 2017, the FASB issued ASU 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Test for Goodwill Impairment</font><font style="font-family:inherit;font-size:10pt;">, which eliminates Step 2 from the goodwill impairment test in order to simplify the subsequent measurement of goodwill. The guidance is effective for fiscal years beginning after December 15, 2019. Early application is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not believe the adoption of ASU 2017-04 will have a material impact on the Company’s consolidated financial statements and disclosures.</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 February 2017, the FASB issued ASU 2017-05, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2017-05”). ASU 2017-05 is intended to clarify the scope of the original guidance within Subtopic 610-20 that was issued in connection with ASU 2014-09, which provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. ASU 2017-05 additionally added guidance for partial sales of nonfinancial assets. ASU 2017-05 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. We are required to adopt ASU 2017-05 concurrent with the adoption of ASU 2014-09. The Company is currently evaluating the potential impact the adoption of ASU 2017-05 will have on the Company’s consolidated financial statements and disclosures.</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 March 2017, the FASB issued ASU 2017-08, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities</font><font style="font-family:inherit;font-size:10pt;"> (“ASU 2017-08”), which shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. For public entities, ASU 2017-08 is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company does not believe the adoption of ASU 2017-08 will have a material impact on the Company’s consolidated financial statements and disclosures.</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 May 2017, the FASB issued ASU 2017-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting </font><font style="font-family:inherit;font-size:10pt;">(“ASU 2017-09”), which provides clarification on when modification accounting should be used for changes to the terms or conditions of a share-based payment award. This ASU does not change the accounting for modifications but clarifies that modification accounting guidance should only be applied if there is a change to the value, vesting conditions, or award classification and would not be required if the changes are considered non-substantive. For all entities, ASU 2017-09 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company does not believe the adoption of ASU 2017-09 will have a material impact on the Company’s consolidated financial statements and disclosures.</font></div></div>

Files In Submission

Name	View Source	Status
0000799292-17-000039-index-headers.html	Edgar Link	pending
0000799292-17-000039-index.html	Edgar Link	pending
0000799292-17-000039.txt	Edgar Link	pending
0000799292-17-000039-xbrl.zip	Edgar Link	pending
exhibit101eighthamendedand.htm	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.xlsx	Edgar Link	pending
image0a02.jpg	Edgar Link	pending
mho-20170930.xml	Edgar Link	completed
mho-20170930.xsd	Edgar Link	pending
mho-20170930x10q.htm	Edgar Link	pending
mho-20170930_cal.xml	Edgar Link	unprocessable
mho-20170930_def.xml	Edgar Link	unprocessable
mho-20170930_lab.xml	Edgar Link	unprocessable
mho-20170930_pre.xml	Edgar Link	unprocessable
mho2017093010qr136.pdf	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MHO
M/I HOMES, INC. Stock $mho

2017 Q3 Form 10-Q Financial Statement

#000079929217000039 Filed on October 27, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MHO M/I HOMES, INC. Stock $mho

2017 Q3 Form 10-Q Financial Statement

#000079929217000039 Filed on October 27, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MHO
M/I HOMES, INC. Stock $mho