XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.4.0.3

ACQUISITIONS AND GOODWILL | 3 Months Ended
--- | ---
Mar. 31, 2016
Business Acquisitions and Goodwill [Abstract] |
ACQUISITIONS AND GOODWILL | ACQUISITIONS AND GOODWILL Goodwill. Over the past several years, we entered new markets through the acquisition of the homebuilding assets and operations of local/regional homebuilders in Georgia, South Carolina and Tennessee. As a result of these transactions, we recorded approximately $33.0 million of goodwill. Goodwill represents the excess of the purchase price of our acquisitions over the fair value of the net assets acquired. Our acquisitions are recorded in accordance with ASC 805, Business Combination s ("ASC 805") and ASC 820, using the acquisition method of accounting. The purchase price for acquisitions is allocated based on estimated fair value of the assets and liabilities at the date of the acquisition. The combined excess purchase price of our acquisitions over the fair value of the net assets is classified as goodwill and is included in our consolidated balance sheet in Prepaids, other assets and goodwill. In accordance with ASC 350, we assess the recoverability of goodwill annually, or more frequently, if impairment indicators are present. A summary of the carrying amount of goodwill follows (in thousands):
| West |  | Central |  | East |  | Financial Services |  | Corporate |  | Total
Balance at December 31, 2015 |  |  |  |  |  |  | $ | 32,962 |  |  |  |  |  |  |  |  | $ | 32,962 |
Additions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Balance at March 31, 2016 | $ | — |  |  | $ | — |  |  | $ | 32,962 |  |  | $ | — |  |  | $ | — |  |  | $ | 32,962 |

X
- Definition Business Acquisitions and Goodwill [Abstract] + References No definition available. + Details
Name: | mth_BusinessAcquisitionsandGoodwillAbstract
Namespace Prefix: | mth_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Business Acquisitions and Goodwill [Text Block] + References No definition available. + Details
Name: | mth_BusinessAcquisitionsandGoodwillTextBlock
Namespace Prefix: | mth_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration