$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000083307913000087 Filed on May 02, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$336.4M	$204.4M
YoY Change	64.64%	15.07%
Cost Of Revenue	$298.4M	$188.1M
YoY Change	58.64%	16.18%
Gross Profit	$64.54M	$35.24M
YoY Change	83.15%	15.95%
Gross Profit Margin	19.18%	17.24%
Selling, General & Admin	$45.60M	$33.70M
YoY Change	35.33%	123.17%
% of Gross Profit	70.66%	95.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.200M	$1.700M
YoY Change	29.41%	-5.56%
% of Gross Profit	3.41%	4.82%
Operating Expenses	$45.60M	$33.70M
YoY Change	35.33%	135.65%
Operating Profit	$24.78M	$6.363M
YoY Change	289.42%	-60.45%
Interest Expense	$5.128M	$7.371M
YoY Change	-30.43%	-203.82%
% of Operating Profit	20.69%	115.84%
Other Income/Expense, Net	$470.0K	-$139.0K
YoY Change	-438.13%
Pretax Income	$16.48M	-$4.574M
YoY Change	-460.19%	-29.02%
Income Tax	$4.434M	$180.0K
% Of Pretax Income	26.91%
Net Earnings	$12.04M	-$4.754M
YoY Change	-353.28%	-28.61%
Net Earnings / Revenue	3.58%	-2.33%
Basic Earnings Per Share	$0.34	-$0.15
Diluted Earnings Per Share	$0.32	-$0.15
COMMON SHARES
Basic Shares Outstanding	35.80M shares	32.63M shares
Diluted Shares Outstanding	38.44M shares	32.63M shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$325.0M	$90.60M
YoY Change	258.72%	-12.46%
Cash & Equivalents	$325.0M	$90.60M
Short-Term Investments
Other Short-Term Assets	$29.10M	$15.20M
YoY Change	91.45%	-8.98%
Inventory	$1.152B	$868.0M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$1.530B	$988.7M
YoY Change	54.76%	10.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.35M	$13.70M
YoY Change	19.36%	-3.52%
Goodwill	$0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments	$99.90M	$185.3M
YoY Change	-46.09%	-34.94%
Other Assets	$113.3M	$12.20M
YoY Change	828.69%	18.45%
Total Long-Term Assets	$240.9M	$228.9M
YoY Change	5.24%	-28.8%
TOTAL ASSETS
Total Short-Term Assets	$1.530B	$988.7M
Total Long-Term Assets	$240.9M	$228.9M
Total Assets	$1.771B	$1.218B
YoY Change	45.45%	-0.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$60.30M	$39.20M
YoY Change	53.83%	41.52%
Accrued Expenses	$95.40M	$69.50M
YoY Change	37.27%	-9.39%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$178.2M	$123.2M
YoY Change	44.64%	5.75%
LONG-TERM LIABILITIES
Long-Term Debt	$881.2M	$606.6M
YoY Change	45.27%	0.12%
Other Long-Term Liabilities		$1.000M
YoY Change
Total Long-Term Liabilities	$881.2M	$607.6M
YoY Change	45.03%	0.28%
TOTAL LIABILITIES
Total Short-Term Liabilities	$178.2M	$123.2M
Total Long-Term Liabilities	$881.2M	$607.6M
Total Liabilities	$1.059B	$730.7M
YoY Change	44.98%	1.15%
SHAREHOLDERS EQUITY
Retained Earnings	$315.6M
YoY Change
Common Stock	$396.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares	0.000 shares
Shareholders Equity	$711.6M	$486.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.771B	$1.218B
YoY Change	45.45%	-0.11%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	$12.04M	-$4.754M
YoY Change	-353.28%	-28.61%
Depreciation, Depletion And Amortization	$2.200M	$1.700M
YoY Change	29.41%	-5.56%
Cash From Operating Activities	-$119.0K	-$55.36M
YoY Change	-99.79%	125.05%
INVESTING ACTIVITIES
Capital Expenditures	$2.704M	$2.336M
YoY Change	15.75%	-266.86%
Acquisitions
YoY Change
Other Investing Activities	-$79.00K	-$26.40M
YoY Change	-99.7%	-210.0%
Cash From Investing Activities	-$5.452M	-$28.70M
YoY Change	-81.0%	-227.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$160.1M	$1.055M
YoY Change	15078.67%	-29.67%
NET CHANGE
Cash From Operating Activities	-$119.0K	-$55.36M
Cash From Investing Activities	-$5.452M	-$28.70M
Cash From Financing Activities	$160.1M	$1.055M
Net Change In Cash	$154.6M	-$83.01M
YoY Change	-286.2%	16501.8%
FREE CASH FLOW
Cash From Operating Activities	-$119.0K	-$55.36M
Capital Expenditures	$2.704M	$2.336M
Free Cash Flow	-$2.823M	-$57.70M
YoY Change	-95.11%	148.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	49801000	USD
CY2013Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	60283000	USD
CY2013Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1000000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	96377000	USD
CY2013Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	100102000	USD
CY2013Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	395631000	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	390249000	USD
CY2013Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1844000	USD
CY2012Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1653000	USD
CY2013Q1	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	464000	USD
CY2012Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1610000	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	271155000	shares
CY2012Q4	us-gaap	Assets Assets	1575562000	USD
CY2013Q1	us-gaap	Assets Assets	1770985000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	325021000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	170457000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	90603000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	173612000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	154564000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-83009000	USD
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	36010224	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	35613351	shares
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	360000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	356000	USD
CY2012Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	169114000	USD
CY2013Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	271900000	USD
CY2013Q1	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	5550000	USD
CY2012Q1	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	205000	USD
CY2012Q1	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2013Q1	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	3775000	USD
CY2013Q1	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	659000	USD
CY2012Q1	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	180000	USD
CY2013Q1	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	17744000	USD
CY2012Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	12377000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	77974000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	74407000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	8666000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	8560000	USD
CY2013Q1	us-gaap	Deposit Assets DepositAssets	11321000	USD
CY2012Q4	us-gaap	Deposit Assets DepositAssets	14351000	USD
CY2012Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1693000	USD
CY2013Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2158000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.269
CY2013Q1	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	14515000	USD
CY2012Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	11871000	USD
CY2013Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	23868000	USD
CY2012Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	13072000	USD
CY2013Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y10M2D
CY2012Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y2M2D
CY2013Q1	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	755000	USD
CY2012Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	756000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	44433000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	47754000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	47754000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	44433000	USD
CY2012Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	1806000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	4027000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	36626000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	36584000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Liabilities EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities	13986000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Liabilities EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities	14001000	USD
CY2012Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	3843000	USD
CY2013Q1	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	6404000	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	0	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	464000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-464000	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	USD
CY2012Q1	us-gaap	Financial Services Costs FinancialServicesCosts	25000	USD
CY2013Q1	us-gaap	Financial Services Costs FinancialServicesCosts	573000	USD
CY2012Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	0	USD
CY2013Q1	us-gaap	Financial Services Revenue FinancialServicesRevenue	842000	USD
CY2013Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-700000	USD
CY2012Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2013Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	3000000	USD
CY2012Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14721000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19724000	USD
CY2012Q1	us-gaap	Gross Profit GrossProfit	35236000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	64535000	USD
CY2012Q4	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	13462000	USD
CY2013Q1	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	13456000	USD
CY2013Q1	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	88901000	USD
CY2012Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	86074000	USD
CY2013Q1	us-gaap	Home Building Costs HomeBuildingCosts	266350000	USD
CY2012Q1	us-gaap	Home Building Costs HomeBuildingCosts	168909000	USD
CY2013Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	330710000	USD
CY2012Q1	us-gaap	Home Building Revenue HomeBuildingRevenue	204022000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4574000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	16475000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2634000	USD
CY2012Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1423000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4434000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	180000	USD
CY2012Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	14671000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5210000	USD
CY2013Q1	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	5367000	USD
CY2012Q1	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	2382000	USD
CY2012Q1	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-99000	USD
CY2013Q1	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-3030000	USD
CY2012Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	52722000	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	38876000	USD
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1355000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	5312000	USD
CY2013Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2012Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	83000	USD
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2012Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	466000	shares
CY2012Q1	us-gaap	Interest Expense InterestExpense	7371000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	5128000	USD
CY2013Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	365000	USD
CY2012Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2012Q1	us-gaap	Interest Paid Net InterestPaidNet	7863000	USD
CY2013Q1	us-gaap	Interest Paid Net InterestPaidNet	6349000	USD
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CY2013Q1	us-gaap	Inventory Finished Homes InventoryFinishedHomes	105094000	USD
CY2013Q1	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	247682000	USD
CY2012Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	192948000	USD
CY2012Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1113187000	USD
CY2013Q1	us-gaap	Inventory Real Estate InventoryRealEstate	1152139000	USD
CY2013Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10949000	USD
CY2012Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	12085000	USD
CY2012Q4	us-gaap	Land Available For Sale LandAvailableForSale	21650000	USD
CY2013Q1	us-gaap	Land Available For Sale LandAvailableForSale	22430000	USD
CY2013Q1	us-gaap	Land Sales LandSales	5725000	USD
CY2012Q1	us-gaap	Land Sales LandSales	328000	USD
CY2013Q1	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	237384000	USD
CY2013Q1	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	0	USD
CY2012Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	37466000	USD
CY2013Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	34502000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	881352000	USD
CY2013Q1	us-gaap	Liabilities Liabilities	1059348000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1770985000	USD
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CY2013Q1	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0	USD
CY2013Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	60000000	USD
CY2013Q1	us-gaap	Litigation Reserve LitigationReserve	16179000	USD
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CY2012Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	13500000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1055000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	160135000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28702000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5452000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-55362000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-119000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	-4754000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	12041000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	12406000.00	USD
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-4754000.00	USD
CY2012Q4	us-gaap	Notes Payable NotesPayable	722797000	USD
CY2013Q1	us-gaap	Notes Payable NotesPayable	881219000	USD
CY2013Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	7	State
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	24779000	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6363000	USD
CY2013Q1	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	22124000	USD
CY2012Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	23014000	USD
CY2013Q1	us-gaap	Other Assets OtherAssets	596576000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	435939000	USD
CY2012Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-139000	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	470000	USD
CY2013Q1	us-gaap	Other Receivables OtherReceivables	23885000	USD
CY2012Q4	us-gaap	Other Receivables OtherReceivables	20290000	USD
CY2013Q1	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Heldtomaturity Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetHeldtomaturitySecurities	0	USD
CY2013Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1143000	USD
CY2012Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2012Q1	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	76503000	USD
CY2013Q1	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	46826000	USD
CY2013Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	28000	USD
CY2012Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	130000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2704000	USD
CY2012Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2336000	USD
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	29072000	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	26488000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	175000000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
CY2012Q1	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	50000000	USD
CY2013Q1	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	43999000	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	350000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	33000	USD
CY2013Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3078000	USD
CY2012Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1055000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15718000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	16352000	USD
CY2012Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	15908000	USD
CY2013Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	24198000	USD
CY2011Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	14810000	USD
CY2012Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	21600000	USD
CY2012Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	2378000	USD
CY2013Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	5000000	USD
CY2012Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	10847000	USD
CY2013Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	12726000	USD
CY2013Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	336435000	USD
CY2012Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	204350000	USD
CY2012Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	USD
CY2013Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	17264000	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	38938000	USD
CY2013Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	38938000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	303605000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	315646000	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	711637000	USD
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	486866000	USD
CY2012Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	18977000	USD
CY2013Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	25879000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1844000	USD
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1653000	USD
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	8950000	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	916871	shares
CY2012Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22064000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21384000	USD
CY2011Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23136000	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21705000	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2962000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2751000	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1531000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2071000	USD
CY2013Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	122273	shares
CY2012Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	68700	shares
CY2013Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	0	USD
CY2012Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
CY2013Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3078000	USD
CY2012Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1055000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	694210000	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	488912000	USD
CY2012Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	3407000	USD
CY2013Q1	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	4731000	USD
CY2013Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2012Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2013Q1	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	0	USD
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38440000	shares
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32634000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35798000	shares
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32634000	shares
CY2012Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	19954000	USD
CY2013Q1	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	21169000	USD
CY2013Q1	mth	Aggregate Deposit Assets AggregateDepositAssets	11321000	USD
CY2012Q1	mth	Amortization Of Equity Method Investment Assets AmortizationOfEquityMethodInvestmentAssets	0	USD
CY2013Q1	mth	Amortization Of Equity Method Investment Assets AmortizationOfEquityMethodInvestmentAssets	1856	USD
CY2012Q4	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	30400000	USD
CY2013Q1	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	31300000	USD
CY2012Q1	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	4825000	USD
CY2013Q1	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	5847000	USD
CY2013Q1	mth	Deposit Assets On Recorded Real Estate Not Owned DepositAssetsOnRecordedRealEstateNotOwned	0	USD
CY2013Q1	mth	Distributions Of Capital From Unconsolidated Entities DistributionsOfCapitalFromUnconsolidatedEntities	74000	USD
CY2012Q1	mth	Distributions Of Capital From Unconsolidated Entities DistributionsOfCapitalFromUnconsolidatedEntities	0	USD
CY2012Q1	mth	Distributions Of Earnings From Unconsolidated Entities DistributionsOfEarningsFromUnconsolidatedEntities	1252000	USD
CY2013Q1	mth	Distributions Of Earnings From Unconsolidated Entities DistributionsOfEarningsFromUnconsolidatedEntities	3722000	USD
CY2012Q1	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	1606000	USD
CY2013Q1	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	2787000	USD
CY2013Q1	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-155000	USD
CY2012Q1	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-183000	USD
CY2013Q1	mth	Earnings From Unconsolidated Entities Net EarningsFromUnconsolidatedEntitiesNet	2632000	USD
CY2012Q1	mth	Earnings From Unconsolidated Entities Net EarningsFromUnconsolidatedEntitiesNet	1423000	USD
CY2013Q1	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	Region
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	4748000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	4330000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7650000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	5161000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	2377000	USD
CY2012Q1	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	2037000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Entity EquityMethodInvestmentSummarizedFinancialInformationEntity	9631000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Entity EquityMethodInvestmentSummarizedFinancialInformationEntity	8611000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Equity Other EquityMethodInvestmentSummarizedFinancialInformationEquityOther	17506000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Equity Other EquityMethodInvestmentSummarizedFinancialInformationEquityOther	19374000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3478000	USD
CY2013Q1	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	2688000	USD
CY2012Q1	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	1581000	USD
CY2013Q1	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	3056000	USD
CY2012Q4	mth	Finished Home Sites And Home Sites Under Development FinishedHomeSitesAndHomeSitesUnderDevelopment	634106000	USD
CY2013Q1	mth	Finished Home Sites And Home Sites Under Development FinishedHomeSitesAndHomeSitesUnderDevelopment	617507000	USD
CY2012Q1	mth	Future Infrastructure Improvement Costs FutureInfrastructureImprovementCosts	9800000	USD
CY2012Q1	mth	Home Closing Gross Profit HomeClosingGrossProfit	35113000	USD
CY2013Q1	mth	Home Closing Gross Profit HomeClosingGrossProfit	64360000	USD
CY2013Q1	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	46000	USD
CY2012Q1	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	293000	USD
CY2013Q1	mth	Inventory Communities In Mothball Status InventoryCommunitiesInMothballStatus	37562000	USD
CY2012Q4	mth	Inventory Communities In Mothball Status InventoryCommunitiesInMothballStatus	38488000	USD
CY2012Q4	mth	Inventory Land Held For Development InventoryLandHeldForDevelopment	56118000	USD
CY2013Q1	mth	Inventory Land Held For Development InventoryLandHeldForDevelopment	57081000	USD
CY2012Q4	mth	Inventory Model Homes InventoryModelHomes	62411000	USD
CY2013Q1	mth	Inventory Model Homes InventoryModelHomes	64783000	USD
CY2012Q1	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	123000	USD
CY2013Q1	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	175000	USD
CY2013Q1	mth	Land Under Purchase Options Recorded And Unrecorded LandUnderPurchaseOptionsRecordedAndUnrecorded	237384000	USD
CY2013Q1	mth	Liquid Investment Maturity Period To Be Classified As Cash Equivalent Maximum LiquidInvestmentMaturityPeriodToBeClassifiedAsCashEquivalentMaximum	P3M
CY2013Q1	mth	Money Market Funds Invested In Short Term Government Securities MoneyMarketFundsInvestedInShortTermGovernmentSecurities	110300000	USD
CY2013Q1	mth	Number Of Communities To Which Homes Are Sold NumberOfCommunitiesToWhichHomesAreSold	168	Communities
CY2010Q4	mth	Number Of Lenders Filing Petition For Involuntary Bankruptcy NumberOfLendersFilingPetitionForInvoluntaryBankruptcy	3	lender
CY2013Q1	mth	Number Of Lots Under Option Contracts Recorded NumberOfLotsUnderOptionContractsRecorded	0	Lot
CY2013Q1	mth	Number Of Lots Under Option Or Contracts NumberOfLotsUnderOptionOrContracts	6538	Lot
CY2013Q1	mth	Number Of Lots Under Option Or Contracts Not Recorded NumberOfLotsUnderOptionOrContractsNotRecorded	6538	Lot
CY2012Q1	mth	Other Operating Expenses OtherOperatingExpenses	-313000	USD
CY2013Q1	mth	Other Operating Expenses OtherOperatingExpenses	-3632000	USD
CY2013Q1	mth	Percentage Of Wholly Owned Subsidiaries PercentageOfWhollyOwnedSubsidiaries	1.00
CY2012Q4	mth	Real Estate Inventory Capitalized Interest Costs Related To Joint Venture Investments RealEstateInventoryCapitalizedInterestCostsRelatedToJointVentureInvestments	539000	USD
CY2013Q1	mth	Real Estate Inventory Capitalized Interest Costs Related To Joint Venture Investments RealEstateInventoryCapitalizedInterestCostsRelatedToJointVentureInvestments	537000	USD
CY2013Q1	mth	Real Estate Not Owned RealEstateNotOwned	0	USD
CY2012Q1	mth	Real Estate Not Owned RealEstateNotOwned	1025000	USD
CY2012Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1615235	shares
CY2013Q1	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1587662	shares
CY2011Q2	mth	Springing Repayment Guarantee Original Demand Letter SpringingRepaymentGuaranteeOriginalDemandLetter	13200000	USD
CY2013Q1	mth	Sureties Outstanding SuretiesOutstanding	117994000	USD
CY2012Q4	mth	Sureties Outstanding SuretiesOutstanding	87392000	USD
CY2013Q1	mth	Sureties Related To Uncompleted Contracts SuretiesRelatedToUncompletedContracts	59194000	USD
CY2012Q4	mth	Sureties Related To Uncompleted Contracts SuretiesRelatedToUncompletedContracts	39023000	USD
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Document Type DocumentType	10-Q
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	36148751	shares
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP

Files In Submission

Name	View Source	Status
0000833079-13-000087-index-headers.html	Edgar Link	pending
0000833079-13-000087-index.html	Edgar Link	pending
0000833079-13-000087.txt	Edgar Link	pending
0000833079-13-000087-xbrl.zip	Edgar Link	pending
exhibit_31x1x10qx2013.htm	Edgar Link	pending
exhibit_31x2x10qx2013.htm	Edgar Link	pending
exhibit_32x1x10qx2013.htm	Edgar Link	pending
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Financial_Report.xls	Edgar Link	pending
mth-20130331.xml	Edgar Link	completed
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report.css	Edgar Link	pending
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$MTH
Meritage Homes CORP Stock $mth

2013 Q1 Form 10-Q Financial Statement

#000083307913000087 Filed on May 02, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2013 Q1 Form 10-Q Financial Statement

#000083307913000087 Filed on May 02, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth