$MTH
Meritage Homes CORP Stock $mth

$mth Overview Financials Valuation SEC Filings Company Website

2013 Q4 Form 10-Q Financial Statement

#000083307913000133 Filed on November 01, 2013

Income Statement

Concept	2013 Q4	2013 Q3	2012 Q3
Revenue	$536.2M	$492.1M	$342.6M
YoY Change	47.07%	43.61%	57.51%
Cost Of Revenue	$449.8M	$413.3M	$305.7M
YoY Change	39.65%	35.2%	54.08%
Gross Profit	$123.6M	$113.2M	$62.42M
YoY Change	79.27%	81.31%	64.52%
Gross Profit Margin	23.06%	23.0%	18.22%
Selling, General & Admin	$24.90M	$57.88M	$45.06M
YoY Change	40.68%	28.44%	24.58%
% of Gross Profit	20.14%	51.14%	72.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.700M	$2.500M	$2.300M
YoY Change	17.39%	8.7%	35.29%
% of Gross Profit	2.18%	2.21%	3.68%
Operating Expenses	$23.90M	$57.88M	$45.06M
YoY Change	43.98%	28.44%	24.58%
Operating Profit	$99.75M	$63.97M	$24.68M
YoY Change	90.46%	159.15%	242.25%
Interest Expense	$1.300M	$3.462M	$5.009M
YoY Change	-168.42%	-30.88%	-33.36%
% of Operating Profit	1.3%	5.41%	20.29%
Other Income/Expense, Net		$605.0K	-$8.276M
YoY Change		-107.31%	-1044.75%
Pretax Income	$65.88M	$56.79M	$6.986M
YoY Change	179.15%	712.85%	-327.19%
Income Tax	$19.80M	$18.60M	$202.0K
% Of Pretax Income	30.06%	32.75%	2.89%
Net Earnings	$46.09M	$38.19M	$6.784M
YoY Change	-51.55%	462.96%	-309.71%
Net Earnings / Revenue	8.6%	7.76%	1.98%
Basic Earnings Per Share	$1.27	$1.05	$0.19
Diluted Earnings Per Share	$1.19	$0.99	$0.19
COMMON SHARES
Basic Shares Outstanding	36.24M shares	36.23M shares	35.22M shares
Diluted Shares Outstanding		38.87M shares	35.76M shares

Balance Sheet

Concept	2013 Q4	2013 Q3	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$274.1M	$177.6M	$305.0M
YoY Change	60.76%	-41.77%	94.14%
Cash & Equivalents	$274.1M	$177.6M	$305.0M
Short-Term Investments
Other Short-Term Assets	$39.20M	$36.70M	$26.00M
YoY Change	47.92%	41.15%	53.85%
Inventory	$1.405B	$1.345B	$1.005B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$1.758B	$1.595B	$1.353B
YoY Change	32.1%	17.94%	36.38%
LONG-TERM ASSETS
Property, Plant & Equipment	$22.10M	$18.69M	$14.11M
YoY Change	40.6%	32.44%	-4.65%
Goodwill	$10.25M
YoY Change
Intangibles
YoY Change
Long-Term Investments	$101.3M	$103.5M	$78.60M
YoY Change	3.16%	31.68%	-60.66%
Other Assets	$70.40M	$121.3M	$23.00M
YoY Change	-39.78%	427.39%	107.21%
Total Long-Term Assets	$245.8M	$278.9M	$128.7M
YoY Change	0.29%	116.69%	-46.77%
TOTAL ASSETS
Total Short-Term Assets	$1.758B	$1.595B	$1.353B
Total Long-Term Assets	$245.8M	$278.9M	$128.7M
Total Assets	$2.003B	$1.874B	$1.481B
YoY Change	27.15%	26.52%	20.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$68.00M	$76.60M	$52.10M
YoY Change	36.55%	47.02%	33.93%
Accrued Expenses	$166.6M	$178.2M	$90.70M
YoY Change	79.14%	96.47%	14.38%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$256.6M	$283.0M	$162.5M
YoY Change	61.79%	74.15%	26.76%
LONG-TERM LIABILITIES
Long-Term Debt	$905.1M	$798.3M	$722.7M
YoY Change	25.22%	10.46%	19.2%
Other Long-Term Liabilities	$300.0K	$300.0K
YoY Change
Total Long-Term Liabilities	$905.4M	$798.6M	$722.7M
YoY Change	25.26%	10.5%	18.94%
TOTAL LIABILITIES
Total Short-Term Liabilities	$256.6M	$283.0M	$162.5M
Total Long-Term Liabilities	$905.4M	$798.6M	$722.7M
Total Liabilities	$1.162B	$1.082B	$885.1M
YoY Change	31.84%	22.21%	20.3%
SHAREHOLDERS EQUITY
Retained Earnings	$428.1M	$382.0M	$208.5M
YoY Change	41.0%	83.22%
Common Stock	$413.3M	$410.3M	$387.6M
YoY Change	5.82%	5.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)			$0.00
YoY Change
Treasury Stock Shares	0.000 shares	0.000 shares	0.000 shares
Shareholders Equity	$841.4M	$792.3M	$596.1M
YoY Change
Total Liabilities & Shareholders Equity	$2.003B	$1.874B	$1.481B
YoY Change	27.15%	26.52%	20.08%

Cashflow Statement

Concept	2013 Q4	2013 Q3	2012 Q3
OPERATING ACTIVITIES
Net Income	$46.09M	$38.19M	$6.784M
YoY Change	-51.55%	462.96%	-309.71%
Depreciation, Depletion And Amortization	$2.700M	$2.500M	$2.300M
YoY Change	17.39%	8.7%	35.29%
Cash From Operating Activities	-$38.40M	-$20.00M	-$27.40M
YoY Change	-56.46%	-27.01%	48.11%
INVESTING ACTIVITIES
Capital Expenditures	-$6.100M	-$3.900M	-$2.700M
YoY Change	60.53%	44.44%	92.86%
Acquisitions
YoY Change
Other Investing Activities	$43.90M	-$16.80M	$41.20M
YoY Change	-201.62%	-140.78%	333.68%
Cash From Investing Activities	$37.80M	-$20.80M	$38.40M
YoY Change	-180.6%	-154.17%	386.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	97.10M	400.0K	212.1M
YoY Change	16083.33%	-99.81%
NET CHANGE
Cash From Operating Activities	-38.40M	-20.00M	-27.40M
Cash From Investing Activities	37.80M	-20.80M	38.40M
Cash From Financing Activities	97.10M	400.0K	212.1M
Net Change In Cash	96.50M	-40.40M	223.1M
YoY Change	-171.75%	-118.11%	-2204.72%
FREE CASH FLOW
Cash From Operating Activities	-$38.40M	-$20.00M	-$27.40M
Capital Expenditures	-$6.100M	-$3.900M	-$2.700M
Free Cash Flow	-$32.30M	-$16.10M	-$24.70M
YoY Change	-61.73%	-34.82%	44.44%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2012Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	49801000	USD
CY2013Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	29600000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	96377000	USD
CY2013Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	178247000	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	390249000	USD
CY2013Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	409984000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7040000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6095000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	1733000	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5000	shares
CY2012Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	530000	shares
CY2013Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	10000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	348000	shares
CY2013Q3	us-gaap	Assets Assets	1874086000	USD
CY2012Q4	us-gaap	Assets Assets	1575562000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	177584000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	170457000	USD
	mth	Increase Decreasein Real Estate Not Owned IncreaseDecreaseinRealEstateNotOwned	481000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	173612000	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	305049000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	7127000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	131437000	USD
CY2013Q3	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
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	36231201	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	35613351	shares
CY2013Q3	us-gaap	Common Stock Value CommonStockValue	362000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	356000	USD
CY2012Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	280219000	USD
CY2013Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	378898000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	1005696000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	679862000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	8833000	USD
CY2013Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	6126000	USD
	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	24139000	USD
CY2012Q3	us-gaap	Costs Of Real Estate Services And Land Sales CostsOfRealEstateServicesAndLandSales	7493000	USD
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	33846000	USD
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2012Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2013Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	18153000	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	-4781000	USD
CY2012Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	202000	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	-428000	USD
CY2013Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	442000	USD
CY2012Q4	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	12377000	USD
CY2013Q3	us-gaap	Customer Advances And Deposits CustomerAdvancesAndDeposits	28183000	USD
CY2013Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	80390000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	77974000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	8666000	USD
CY2013Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	4051000	USD
CY2012Q4	us-gaap	Deposit Assets DepositAssets	14351000	USD
CY2013Q3	us-gaap	Deposit Assets DepositAssets	34911000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5913000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7169000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.17
CY2012Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.19
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.05
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.99
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	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.299
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CY2013Q3	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	600000	USD
CY2012Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	800000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	47754000	USD
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CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	47754000	USD
CY2013Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	43522000	USD
CY2012Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	6557000	USD
CY2013Q3	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5719000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	10483000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	15907000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	36626000	USD
CY2013Q3	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	34947000	USD
CY2012Q4	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Liabilities EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities	14001000	USD
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	us-gaap	Equity Method Investment Summarized Financial Information Revenue EquityMethodInvestmentSummarizedFinancialInformationRevenue	25373000	USD
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	us-gaap	Financial Services Costs FinancialServicesCosts	484000	USD
	us-gaap	Financial Services Costs FinancialServicesCosts	2229000	USD
CY2013Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	1684000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	253000	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	3960000	USD
CY2012Q3	us-gaap	Financial Services Revenue FinancialServicesRevenue	253000	USD
CY2012Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
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CY2013Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	50446000	USD
CY2012Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19209000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	66587000	USD
CY2013Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24412000	USD
	us-gaap	Gross Profit GrossProfit	149226000	USD
	us-gaap	Gross Profit GrossProfit	272769000	USD
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CY2013Q3	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	13243000	USD
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	us-gaap	Home Building Costs HomeBuildingCosts	981557000	USD
	us-gaap	Home Building Costs HomeBuildingCosts	671029000	USD
CY2012Q3	us-gaap	Home Building Costs HomeBuildingCosts	272726000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	820242000	USD
CY2013Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	483147000	USD
	us-gaap	Home Building Revenue HomeBuildingRevenue	1249897000	USD
CY2012Q3	us-gaap	Home Building Revenue HomeBuildingRevenue	334880000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5254000	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6986000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	111793000	USD
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CY2012Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2975000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6626000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	9583000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33418000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-4781000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18595000	USD
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	202000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	909000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	5192000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	31204000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	106862000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	15584000	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	5169000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-2192000	USD
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	20425000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	190509000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	221668000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	14224000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1882000	USD
CY2012Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	2176000	shares
CY2012Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	545000	shares
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	463000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	535000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	469000	shares
CY2013Q3	us-gaap	Interest Expense InterestExpense	3462000	USD
	us-gaap	Interest Expense InterestExpense	18718000	USD
	us-gaap	Interest Expense InterestExpense	13113000	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	5009000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1180000	USD
CY2013Q3	mth	Inventory Communities In Mothball Status InventoryCommunitiesInMothballStatus	32912000	USD
CY2012Q4	mth	Inventory Communities In Mothball Status InventoryCommunitiesInMothballStatus	38488000	USD
CY2012Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2013Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	393000	USD
	us-gaap	Interest Paid Net InterestPaidNet	2876000	USD
	us-gaap	Interest Paid Net InterestPaidNet	19615000	USD
CY2012Q4	us-gaap	Inventory Finished Homes InventoryFinishedHomes	107466000	USD
CY2013Q3	us-gaap	Inventory Finished Homes InventoryFinishedHomes	123602000	USD
CY2013Q3	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	316508000	USD
CY2012Q4	us-gaap	Inventory Homes Under Construction InventoryHomesUnderConstruction	192948000	USD
CY2012Q4	us-gaap	Inventory Real Estate InventoryRealEstate	1113187000	USD
CY2013Q3	us-gaap	Inventory Real Estate InventoryRealEstate	1345214000	USD
CY2013Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	10662000	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
CY2013Q3	us-gaap	Land Available For Sale LandAvailableForSale	19630000	USD
CY2012Q3	us-gaap	Land Sales LandSales	7763000	USD
CY2013Q3	us-gaap	Land Sales LandSales	8933000	USD
	us-gaap	Land Sales LandSales	28568000	USD
	us-gaap	Land Sales LandSales	8846000	USD
CY2013Q3	us-gaap	Land Under Purchase Options Not Recorded LandUnderPurchaseOptionsNotRecorded	511292000	USD
CY2013Q3	us-gaap	Land Under Purchase Options Recorded LandUnderPurchaseOptionsRecorded	481000	USD
CY2012Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	37466000	USD
CY2013Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	40474000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	881352000	USD
CY2013Q3	us-gaap	Liabilities Liabilities	1081760000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1575562000	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1874086000	USD
CY2013Q3	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0	USD
CY2013Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	135000000	USD
CY2012Q4	us-gaap	Litigation Reserve LitigationReserve	16067000	USD
CY2013Q3	us-gaap	Litigation Reserve LitigationReserve	16807000	USD
CY2012Q1	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	13500000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	83476000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	192945000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	70744000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-36823000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-39526000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-132252000	USD
	us-gaap	Net Income Loss NetIncomeLoss	78375000	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	38191000	USD
	us-gaap	Net Income Loss NetIncomeLoss	10035000	USD
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	6784000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	10035000	USD
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6784000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	38584000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	79555000	USD
CY2012Q4	us-gaap	Notes Payable NotesPayable	722797000	USD
CY2013Q3	us-gaap	Notes Payable NotesPayable	798337000	USD
CY2013Q3	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	7	State
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	63965000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	137667000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	48063000	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	24683000	USD
CY2012Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	16726000	USD
CY2013Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	27136000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	435939000	USD
CY2013Q3	us-gaap	Other Assets OtherAssets	483299000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1760000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7481000	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	605000	USD
CY2012Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8276000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1338000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1976000	USD
CY2013Q3	us-gaap	Other Receivables OtherReceivables	35711000	USD
CY2012Q4	us-gaap	Other Receivables OtherReceivables	20290000	USD
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Heldtomaturity Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetHeldtomaturitySecurities	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	1955000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	3020000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	18379000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	139672000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	109798000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9717000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7139000	USD
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q3	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
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	26488000	USD
CY2013Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	36693000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	87125000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	426500000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	175000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-5600000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	11298000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	132900000	USD
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	190701000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15718000	USD
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18690000	USD
CY2011Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	14810000	USD
CY2012Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	20185000	USD
CY2012Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	21600000	USD
CY2013Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	26294000	USD
CY2013Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	28998000	USD
CY2012Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	17836000	USD
CY2012Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	4296000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	17365000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	9726000	USD
CY2013Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	6342000	USD
CY2012Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	11654000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	33819000	USD
CY2013Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	12508000	USD
	us-gaap	Real Estate Inventory Capitalized Interest Costs Incurred RealEstateInventoryCapitalizedInterestCostsIncurred	37876000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1278465000	USD
CY2012Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	342643000	USD
CY2013Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	492080000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	829088000	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	381980000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	315080000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	102822000	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	38938000	USD
CY2013Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	40904000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	303605000	USD
CY2012Q3	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	34.75
CY2013Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	33467000	USD
CY2012Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	25855000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	67950000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	90526000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	6095000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	7040000	USD
CY2013Q3	us-gaap	Share Based Compensation ShareBasedCompensation	3099000	USD
CY2012Q3	us-gaap	Share Based Compensation ShareBasedCompensation	2822000	USD
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	8950000	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	967743	shares
CY2012Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22064000	USD
CY2013Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22257000	USD
CY2013Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21844000	USD
CY2012Q3	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	22973000	USD
CY2011Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	23136000	USD
CY2012Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	21243000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	5934000	USD
CY2012Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	436000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	7862000	USD
CY2013Q3	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2405000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2013Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
CY2012Q3	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	5771000	USD
CY2013Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2818000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	8055000	USD
CY2012Q3	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	2166000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	334500	shares
CY2012Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	179832	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	259132	shares
CY2013Q3	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	12400	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	87125000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	11225000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3900000	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	792326000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	694210000	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	488912000	USD
CY2013Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	34117000	USD
CY2012Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	3407000	USD
	us-gaap	Treasury Stock Retired Par Value Method Amount TreasuryStockRetiredParValueMethodAmount	0	USD
CY2013Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2012Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	7891000	shares
	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	0	USD
	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	4614000	USD
	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	7709000	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	34010000	shares
CY2012Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35761000	shares
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38865000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38771000	shares
CY2012Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35216000	shares
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36226000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33541000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36060000	shares
CY2013Q3	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	32954000	USD
CY2012Q4	mth	Accruals Related To Real Estate Development And Construction Activities AccrualsRelatedToRealEstateDevelopmentAndConstructionActivities	19954000	USD
CY2013Q3	mth	Aggregate Capacity Letterof Credit Agreements AggregateCapacityLetterofCreditAgreements	60000000	USD
CY2013Q3	mth	Aggregate Deposit Assets AggregateDepositAssets	35046000	USD
CY2012Q3	mth	Amortization Of Equity Method Investment Assets AmortizationOfEquityMethodInvestmentAssets	0	USD
	mth	Amortization Of Equity Method Investment Assets AmortizationOfEquityMethodInvestmentAssets	27999	USD
CY2013Q3	mth	Amortization Of Equity Method Investment Assets AmortizationOfEquityMethodInvestmentAssets	21227	USD
CY2013Q3	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	43200000	USD
CY2012Q4	mth	Amounts In Transit From Title Companies For Home Closings AmountsInTransitFromTitleCompaniesForHomeClosings	30400000	USD
	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	22011000	USD
CY2012Q3	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	7323000	USD
CY2013Q3	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	8662000	USD
	mth	Corporate And Unallocated Income Expense CorporateAndUnallocatedIncomeExpense	17233000	USD
CY2013Q3	mth	Deposit Assets On Recorded Real Estate Not Owned DepositAssetsOnRecordedRealEstateNotOwned	135000	USD
	mth	Distributions Of Earnings From Unconsolidated Entities DistributionsOfEarningsFromUnconsolidatedEntities	6118000	USD
	mth	Distributions Of Earnings From Unconsolidated Entities DistributionsOfEarningsFromUnconsolidatedEntities	10796000	USD
CY2012Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3049000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	9784000	USD
CY2013Q3	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	3511000	USD
	mth	Earnings From Financial Services Unconsolidated Entities And Other Net EarningsFromFinancialServicesUnconsolidatedEntitiesAndOtherNet	6974000	USD
CY2012Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-74000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-348000	USD
	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	-229000	USD
CY2013Q3	mth	Earnings From Other Unconsolidated Entities Net EarningsFromOtherUnconsolidatedEntitiesNet	46000	USD
	mth	Earnings From Unconsolidated Entities Net EarningsFromUnconsolidatedEntitiesNet	6626000	USD
	mth	Earnings From Unconsolidated Entities Net EarningsFromUnconsolidatedEntitiesNet	9555000	USD
CY2013Q3	mth	Entity Operations In Number Of Regions EntityOperationsInNumberOfRegions	3	Region
CY2013Q3	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	4696000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Accounts Payable And Other Liabilities EquityMethodInvestmentSummarizedFinancialInformationAccountsPayableAndOtherLiabilities	4748000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	7650000	USD
CY2013Q3	mth	Equity Method Investment Summarized Financial Information Cash And Cash Equivalent EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalent	5387000	USD
CY2012Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	3711000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	9466000	USD
CY2013Q3	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	3256000	USD
	mth	Equity Method Investment Summarized Financial Information Costs And Expenses EquityMethodInvestmentSummarizedFinancialInformationCostsAndExpenses	8250000	USD
CY2013Q3	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3188000	USD
CY2012Q4	mth	Equity Method Investment Summarized Financial Information Other Assets EquityMethodInvestmentSummarizedFinancialInformationOtherAssets	3478000	USD
CY2012Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	2985000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	6743000	USD
	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	11515000	USD
CY2013Q3	mth	Financial Services Operating Profit FinancialServicesOperatingProfit	4294000	USD
CY2012Q4	mth	Finished Home Sites And Home Sites Under Development FinishedHomeSitesAndHomeSitesUnderDevelopment	634106000	USD
CY2013Q3	mth	Finished Home Sites And Home Sites Under Development FinishedHomeSitesAndHomeSitesUnderDevelopment	721492000	USD
CY2012Q3	mth	Future Infrastructure Improvement Costs FutureInfrastructureImprovementCosts	9800000	USD
	mth	Home Closing Gross Profit HomeClosingGrossProfit	268340000	USD
CY2012Q3	mth	Home Closing Gross Profit HomeClosingGrossProfit	62154000	USD
CY2013Q3	mth	Home Closing Gross Profit HomeClosingGrossProfit	110375000	USD
	mth	Home Closing Gross Profit HomeClosingGrossProfit	149213000	USD
CY2012Q3	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	417000	USD
	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	776000	USD
	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	1600000	USD
CY2013Q3	mth	Impairment Charges Related To Communities ImpairmentChargesRelatedToCommunities	584000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	2800000	USD
	mth	Increase Decreasein Real Estate Acquired Through Notes Payable IncreaseDecreaseinRealEstateAcquiredThroughNotesPayable	9588000	USD
	mth	Increase Decreasein Real Estate Not Owned IncreaseDecreaseinRealEstateNotOwned	0	USD
CY2012Q4	mth	Inventory Land Held For Development InventoryLandHeldForDevelopment	56118000	USD
CY2013Q3	mth	Inventory Land Held For Development InventoryLandHeldForDevelopment	53053000	USD
CY2012Q4	mth	Inventory Model Homes InventoryModelHomes	62411000	USD
CY2013Q3	mth	Inventory Model Homes InventoryModelHomes	78017000	USD
CY2012Q4	mth	Inventory Real Estate Not Owned InventoryRealEstateNotOwned	0	USD
CY2013Q3	mth	Inventory Real Estate Not Owned InventoryRealEstateNotOwned	481000	USD
	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	4429000	USD
CY2012Q3	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	270000	USD
CY2013Q3	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	2807000	USD
	mth	Land Closing Gross Loss Profit LandClosingGrossLossProfit	13000	USD
CY2013Q3	mth	Land Under Purchase Options Recorded And Unrecorded LandUnderPurchaseOptionsRecordedAndUnrecorded	511773000	USD
CY2013Q3	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	346000	USD
CY2012Q4	mth	Liabilities Related To Inventory Real Estate Not Owned LiabilitiesRelatedToInventoryRealEstateNotOwned	0	USD
	mth	Liquid Investment Maturity Period To Be Classified As Cash Equivalent Maximum LiquidInvestmentMaturityPeriodToBeClassifiedAsCashEquivalentMaximum	P3M
CY2012Q4	mth	Money Market Funds Invested In Short Term Government Securities MoneyMarketFundsInvestedInShortTermGovernmentSecurities	300000	USD
CY2013Q3	mth	Money Market Funds Invested In Short Term Government Securities MoneyMarketFundsInvestedInShortTermGovernmentSecurities	20300000	USD
	mth	Noncontrollinginterestacquisition Noncontrollinginterestacquisition	-257000	USD
CY2013Q3	mth	Number Of Communities To Which Homes Are Sold NumberOfCommunitiesToWhichHomesAreSold	179	Region
CY2010Q4	mth	Number Of Lenders Filing Petition For Involuntary Bankruptcy NumberOfLendersFilingPetitionForInvoluntaryBankruptcy	3	lender
CY2013Q3	mth	Number Of Lots Under Option Contracts Recorded NumberOfLotsUnderOptionContractsRecorded	20	Lot
CY2013Q3	mth	Number Of Lots Under Option Or Contracts NumberOfLotsUnderOptionOrContracts	10610	Lot
CY2013Q3	mth	Number Of Lots Under Option Or Contracts Not Recorded NumberOfLotsUnderOptionOrContractsNotRecorded	10590	Lot
CY2013Q3	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
CY2013Q3	mth	Real Estate Inventory Capitalized Interest Costs Related To Joint Venture Investments RealEstateInventoryCapitalizedInterestCostsRelatedToJointVentureInvestments	511000	USD
CY2012Q4	mth	Real Estate Notes Payable RealEstateNotesPayable	6288000	USD
CY2013Q3	mth	Real Estate Notes Payable RealEstateNotesPayable	15876000	USD
CY2012Q4	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1615235	shares
CY2013Q3	mth	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Outstanding ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOutstanding	1328885	shares
CY2013Q3	mth	Supersedeas Bond SupersedeasBond	16050604	USD
CY2012Q4	mth	Sureties Outstanding SuretiesOutstanding	87392000	USD
CY2013Q3	mth	Sureties Outstanding SuretiesOutstanding	165939000	USD
CY2013Q3	mth	Sureties Related To Uncompleted Contracts SuretiesRelatedToUncompletedContracts	85915000	USD
CY2012Q4	mth	Sureties Related To Uncompleted Contracts SuretiesRelatedToUncompletedContracts	39023000	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	2013
	dei	Document Period End Date DocumentPeriodEndDate	2013-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000833079
CY2013Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	36241671	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Meritage Homes CORP

Files In Submission

Name	View Source	Status
0000833079-13-000133-index-headers.html	Edgar Link	pending
0000833079-13-000133-index.html	Edgar Link	pending
0000833079-13-000133.txt	Edgar Link	pending
0000833079-13-000133-xbrl.zip	Edgar Link	pending
exhibit_31x1x10q3x2013.htm	Edgar Link	pending
exhibit_31x2x10q3x2013.htm	Edgar Link	pending
exhibit_32x1x10q3x2013.htm	Edgar Link	pending
exhibit_41xfirstsuppindent.htm	Edgar Link	pending
exhibit_42xsecondsuppinden.htm	Edgar Link	pending
exhibit_43xsecondsuppinden.htm	Edgar Link	pending
exhibit_44xfifthsuppindent.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mth-20130930.xml	Edgar Link	completed
mth-20130930.xsd	Edgar Link	pending
mth-20130930_cal.xml	Edgar Link	unprocessable
mth-20130930_def.xml	Edgar Link	unprocessable
mth-20130930_lab.xml	Edgar Link	unprocessable
mth-20130930_pre.xml	Edgar Link	unprocessable
mth-2013930x10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R63.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

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$MTH
Meritage Homes CORP Stock $mth

2013 Q4 Form 10-Q Financial Statement

#000083307913000133 Filed on November 01, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH Meritage Homes CORP Stock $mth

2013 Q4 Form 10-Q Financial Statement

#000083307913000133 Filed on November 01, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTH
Meritage Homes CORP Stock $mth