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Supplemental Guarantor Information Supplemental Guarantor Information (Tables) | 12 Months Ended
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Dec. 31, 2017
Supplemental Guarantor Information [Abstract] |
Schedule Of Condensed Consolidating Statement Of Operations [Table Text Block] |
CONDENSED CONSOLIDATING STATEMENTS OF INCOME
|  | Year Ended December 31, 2017
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
Revenue |  | $ | — |  | $ | 1,912,278 |  | $ | 49,693 |  | $ | — |  | $ | 1,961,971 |
Costs and expenses: |  |  |  |  |  |
Land and housing |  | — |  | 1,561,022 |  | — |  | — |  | 1,561,022 |
Impairment of inventory and investment in joint venture arrangements |  | — |  | 7,681 |  | — |  | — |  | 7,681 |
General and administrative |  | — |  | 103,094 |  | 23,188 |  | — |  | 126,282 |
Selling |  | — |  | 128,327 |  | — |  | — |  | 128,327 |
Equity in income of joint venture arrangements |  | — |  | — |  | (539 | ) | — |  | (539 | )
Interest |  | — |  | 16,117 |  | 2,757 |  | — |  | 18,874 |
Total costs and expenses |  | — |  | 1,816,241 |  | 25,406 |  | — |  | 1,841,647 |
Income before income taxes |  | — |  | 96,037 |  | 24,287 |  | — |  | 120,324 |
Provision for income taxes |  | — |  | 40,570 |  | 7,673 |  | — |  | 48,243 |
Equity in subsidiaries |  | 72,081 |  | — |  | — |  | (72,081 | ) | — |
Net income |  | $ | 72,081 |  | $ | 55,467 |  | $ | 16,614 |  | $ | (72,081 | ) | $ | 72,081 |
Preferred dividends |  | 3,656 |  | — |  | — |  | — |  | 3,656 |
Excess of fair value over book value of preferred shares redeemed |  | 2,257 |  | — |  | — |  | — |  | 2,257 |
Net income to common shareholders |  | $ | 66,168 |  | $ | 55,467 |  | $ | 16,614 |  | $ | (72,081 | ) | $ | 66,168 |
CONDENSED CONSOLIDATING STATEMENTS OF INCOME
|  | Year Ended December 31, 2016
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
Revenue |  | $ | — |  | $ | 1,649,316 |  | $ | 42,011 |  | $ | — |  | $ | 1,691,327 |
Costs and expenses: |  |  |  |  |  |
Land and housing |  | — |  | 1,358,183 |  | — |  | — |  | 1,358,183 |
Impairment of inventory and investment in joint venture arrangements |  | — |  | 3,992 |  | — |  | — |  | 3,992 |
General and administrative |  | — |  | 92,135 |  | 19,465 |  | — |  | 111,600 |
Selling |  | — |  | 108,809 |  | — |  | — |  | 108,809 |
Equity in income of joint venture arrangements |  | — |  | — |  | (640 | ) | — |  | (640 | )
Interest |  | — |  | 15,486 |  | 2,112 |  | — |  | 17,598 |
Total costs and expenses |  | — |  | 1,578,605 |  | 20,937 |  | — |  | 1,599,542 |
Income before income taxes |  | — |  | 70,711 |  | 21,074 |  | — |  | 91,785 |
Provision for income taxes |  | — |  | 28,161 |  | 7,015 |  | — |  | 35,176 |
Equity in subsidiaries |  | 56,609 |  | — |  | — |  | (56,609 | ) | — |
Net income |  | $ | 56,609 |  | $ | 42,550 |  | $ | 14,059 |  | $ | (56,609 | ) | $ | 56,609 |
Preferred dividends |  | 4,875 |  | — |  | — |  | — |  | 4,875 |
Net income to common shareholders |  | $ | 51,734 |  | $ | 42,550 |  | $ | 14,059 |  | $ | (56,609 | ) | $ | 51,734 |
|  | Year Ended December 31, 2015
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
Revenue |  | $ | — |  | $ | 1,382,420 |  | $ | 35,975 |  | $ | — |  | $ | 1,418,395 |
Costs and expenses: |  |  |  |  |  |
Land and housing |  | — |  | 1,114,663 |  | — |  | — |  | 1,114,663 |
Impairment of inventory and investment in joint venture arrangements |  | — |  | 3,638 |  | — |  | — |  | 3,638 |
General and administrative |  | — |  | 77,662 |  | 15,546 |  | — |  | 93,208 |
Selling |  | — |  | 95,092 |  | — |  | — |  | 95,092 |
Equity in income of joint venture arrangements |  | — |  | — |  | (498 | ) | — |  | (498 | )
Interest |  | — |  | 15,905 |  | 1,616 |  | — |  | 17,521 |
Loss on early extinguishment of debt |  | — |  | 7,842 |  | — |  | — |  | 7,842 |
Total costs and expenses |  | — |  | 1,314,802 |  | 16,664 |  | — |  | 1,331,466 |
Income before income taxes |  | — |  | 67,618 |  | 19,311 |  | — |  | 86,929 |
Provision for income taxes |  | — |  | 28,758 |  | 6,408 |  | — |  | 35,166 |
Equity in subsidiaries |  | 51,763 |  | — |  | — |  | (51,763 | ) | — |
Net income |  | $ | 51,763 |  | $ | 38,860 |  | $ | 12,903 |  | $ | (51,763 | ) | $ | 51,763 |
Preferred dividends |  | 4,875 |  | — |  | — |  | — |  | 4,875 |
Net income to common shareholders |  | $ | 46,888 |  | $ | 38,860 |  | $ | 12,903 |  | $ | (51,763 | ) | $ | 46,888 |
Schedule Of Condensed Consolidating Balance Sheet [Table Text Block] |
CONDENSED CONSOLIDATING BALANCE SHEET
|  | December 31, 2017
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
ASSETS: |  |  |  |  |  |
Cash, cash equivalents and restricted cash |  | $ | — |  | $ | 131,522 |  | $ | 20,181 |  | $ | — |  | $ | 151,703 |
Mortgage loans held for sale |  | — |  | — |  | 171,580 |  | — |  | 171,580 |
Inventory |  | — |  | 1,414,574 |  | — |  | — |  | 1,414,574 |
Property and equipment - net |  | — |  | 25,815 |  | 1,001 |  | — |  | 26,816 |
Investment in joint venture arrangements |  | — |  | 13,930 |  | 6,595 |  | — |  | 20,525 |
Investment in subsidiaries |  | 722,508 |  | — |  | — |  | (722,508 | ) | — |
Deferred income taxes, net of valuation allowances |  | — |  | 18,438 |  | — |  | — |  | 18,438 |
Intercompany assets |  | 650,599 |  | — |  | — |  | (650,599 | ) | — |
Other assets |  | 3,154 |  | 48,430 |  | 9,551 |  | — |  | 61,135 |
TOTAL ASSETS |  | $ | 1,376,261 |  | $ | 1,652,709 |  | $ | 208,908 |  | $ | (1,373,107 | ) | $ | 1,864,771 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
LIABILITIES: |  |  |  |  |  |
Accounts payable |  | $ | — |  | $ | 116,773 |  | $ | 460 |  | $ | — |  | $ | 117,233 |
Customer deposits |  | — |  | 26,378 |  | — |  | — |  | 26,378 |
Intercompany liabilities |  | — |  | 645,048 |  | 5,551 |  | (650,599 | ) | — |
Other liabilities |  | — |  | 126,522 |  | 5,012 |  | — |  | 131,534 |
Community development district obligations |  | — |  | 13,049 |  | — |  | — |  | 13,049 |
Obligation for consolidated inventory not owned |  | — |  | 21,545 |  | — |  | — |  | 21,545 |
Notes payable bank - financial services operations |  | — |  | — |  | 168,195 |  | — |  | 168,195 |
Notes payable - other |  | — |  | 10,576 |  | — |  | — |  | 10,576 |
Convertible senior subordinated notes due 2018 - net |  | 86,132 |  | — |  | — |  | — |  | 86,132 |
Senior notes due 2021 - net |  | 296,780 |  | — |  | — |  | — |  | 296,780 |
Senior notes due 2025 - net |  | 246,051 |  | — |  | — |  | — |  | 246,051 |
TOTAL LIABILITIES |  | 628,963 |  | 959,891 |  | 179,218 |  | (650,599 | ) | 1,117,473 |
Shareholders’ equity |  | 747,298 |  | 692,818 |  | 29,690 |  | (722,508 | ) | 747,298 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY |  | $ | 1,376,261 |  | $ | 1,652,709 |  | $ | 208,908 |  | $ | (1,373,107 | ) | $ | 1,864,771 |
CONDENSED CONSOLIDATING BALANCE SHEET
|  | December 31, 2016
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
ASSETS: |  |  |  |  |  |
Cash, cash equivalents and restricted cash |  | $ | — |  | $ | 20,927 |  | $ | 13,514 |  | $ | — |  | $ | 34,441 |
Mortgage loans held for sale |  | — |  | — |  | 154,020 |  | — |  | 154,020 |
Inventory |  | — |  | 1,215,934 |  | — |  | — |  | 1,215,934 |
Property and equipment - net |  | — |  | 21,242 |  | 1,057 |  | — |  | 22,299 |
Investment in joint venture arrangements |  | — |  | 12,537 |  | 15,479 |  | — |  | 28,016 |
Investment in subsidiaries |  | 666,008 |  | — |  | — |  | (666,008 | ) | — |
Deferred income taxes, net of valuation allowances |  | — |  | 30,767 |  | 108 |  | — |  | 30,875 |
Intercompany assets |  | 424,669 |  | — |  | — |  | (424,669 | ) | — |
Other assets |  | 1,690 |  | 43,809 |  | 17,427 |  | — |  | 62,926 |
TOTAL ASSETS |  | $ | 1,092,367 |  | $ | 1,345,216 |  | $ | 201,605 |  | $ | (1,090,677 | ) | $ | 1,548,511 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
LIABILITIES: |  |  |  |  |  |
Accounts payable |  | $ | — |  | $ | 102,663 |  | $ | 549 |  | $ | — |  | $ | 103,212 |
Customer deposits |  | — |  | 22,156 |  | — |  | — |  | 22,156 |
Intercompany liabilities |  | — |  | 411,196 |  | 13,473 |  | (424,669 | ) | — |
Other liabilities |  | — |  | 117,133 |  | 6,029 |  | — |  | 123,162 |
Community development district obligations |  | — |  | 476 |  | — |  | — |  | 476 |
Obligation for consolidated inventory not owned |  | — |  | 7,528 |  | — |  | — |  | 7,528 |
Notes payable bank - homebuilding operations |  | — |  | 40,300 |  | — |  | — |  | 40,300 |
Notes payable bank - financial services operations |  | — |  | — |  | 152,895 |  | — |  | 152,895 |
Notes payable - other |  | — |  | 6,415 |  | — |  | — |  | 6,415 |
Convertible senior subordinated notes due 2017 - net |  | 57,093 |  | — |  | — |  | — |  | 57,093 |
Convertible senior subordinated notes due 2018 - net |  | 85,423 |  | — |  | — |  | — |  | 85,423 |
Senior notes due 2021 - net |  | 295,677 |  | — |  | — |  | — |  | 295,677 |
TOTAL LIABILITIES |  | 438,193 |  | 707,867 |  | 172,946 |  | (424,669 | ) | 894,337 |
Shareholders’ equity |  | 654,174 |  | 637,349 |  | 28,659 |  | (666,008 | ) | 654,174 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY |  | $ | 1,092,367 |  | $ | 1,345,216 |  | $ | 201,605 |  | $ | (1,090,677 | ) | $ | 1,548,511 |
Schedule Of Condensed Consolidating Statement Of Cash Flows [Table Text Block] |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
|  | Year Ended December 31, 2017
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |
Net cash provided by (used in) operating activities |  | $ | 15,581 |  | $ | (63,922 | ) | $ | 11,392 |  | $ | (15,581 | ) | $ | (52,530 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Purchase of property and equipment |  | — |  | (8,535 | ) | (264 | ) | — |  | (8,799 | )
Net proceeds from the sale of mortgage servicing rights |  | — |  | — |  | 7,558 |  | — |  | 7,558 |
Intercompany investing |  | 27,270 |  | — |  | — |  | (27,270 | ) | — |
Investments in and advances to joint venture arrangements |  | — |  | (6,117 | ) | (5,971 | ) | — |  | (12,088 | )
Return of capital from joint venture arrangements |  | — |  | — |  | 3,518 |  | — |  | 3,518 |
Net cash provided by (used in) investing activities |  | 27,270 |  | (14,652 | ) | 4,841 |  | (27,270 | ) | (9,811 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Proceeds from issuance of senior notes |  | — |  | 250,000 |  | — |  | — |  | 250,000 |
Proceeds from bank borrowings - homebuilding operations |  | — |  | 398,300 |  | — |  | — |  | 398,300 |
Repayments of bank borrowings - homebuilding operations |  | — |  | (438,600 | ) | — |  | — |  | (438,600 | )
Net proceeds from bank borrowings - financial services operations |  | — |  | — |  | 15,300 |  | — |  | 15,300 |
Proceeds from notes payable - other and CDD bond obligations |  | — |  | 4,161 |  | — |  | — |  | 4,161 |
Dividends paid |  | (3,656 | ) | — |  | (15,581 | ) | 15,581 |  | (3,656 | )
Redemption of preferred shares |  | (50,420 | ) | — |  | — |  | — |  | (50,420 | )
Intercompany financing |  | — |  | (18,143 | ) | (9,127 | ) | 27,270 |  | — |
Debt issue costs |  | — |  | (6,549 | ) | (158 | ) | — |  | (6,707 | )
Proceeds from exercise of stock options |  | 11,225 |  | — |  | — |  | — |  | 11,225 |
Net cash (used in) provided by financing activities |  | (42,851 | ) | 189,169 |  | (9,566 | ) | 42,851 |  | 179,603 |
Net increase (decrease) in cash, cash equivalents and restricted cash |  | — |  | 110,595 |  | 6,667 |  | — |  | 117,262 |
Cash, cash equivalents and restricted cash balance at beginning of period |  | — |  | 20,927 |  | 13,514 |  | — |  | 34,441 |
Cash, cash equivalents and restricted cash balance at end of period |  | $ | — |  | $ | 131,522 |  | $ | 20,181 |  | $ | — |  | $ | 151,703 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
|  | Year Ended December 31, 2016
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |
Net cash provided by (used in) operating activities |  | $ | 11,653 |  | $ | 42,572 |  | $ | (8,375 | ) | $ | (11,653 | ) | $ | 34,197 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Purchase of property and equipment |  | — |  | (12,505 | ) | (601 | ) | — |  | (13,106 | )
Intercompany investing |  | (6,960 | ) | — |  | — |  | 6,960 |  | — |
Investments in and advances to joint venture arrangements |  | — |  | (13,764 | ) | (7,982 | ) | — |  | (21,746 | )
Return of capital from joint venture arrangements |  | — |  | — |  | 3,207 |  | — |  | 3,207 |
Net cash (used in) provided by investing activities |  | (6,960 | ) | (26,269 | ) | (5,376 | ) | 6,960 |  | (31,645 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Proceeds from bank borrowings - homebuilding operations |  | — |  | 351,500 |  | — |  | — |  | 351,500 |
Repayments of bank borrowings - homebuilding operations |  | — |  | (355,000 | ) | — |  | — |  | (355,000 | )
Net proceeds from bank borrowings - financial services operations |  | — |  | — |  | 29,247 |  | — |  | 29,247 |
Principal repayments of notes payable - other and CDD bond obligations |  | — |  | (2,026 | ) | — |  | — |  | (2,026 | )
Dividends paid |  | (4,875 | ) | — |  | (11,653 | ) | 11,653 |  | (4,875 | )
Intercompany financing |  | — |  | 7,407 |  | (8,398 | ) | 991 |  | — |
Debt issue costs |  | — |  | (153 | ) | (87 | ) | — |  | (240 | )
Proceeds from exercise of stock options |  | 182 |  | — |  | — |  | — |  | 182 |
Net cash (used in) provided by financing activities |  | (4,693 | ) | 1,728 |  | 9,109 |  | 12,644 |  | 18,788 |
Net increase (decrease) in cash, cash equivalents and restricted cash |  | — |  | 18,031 |  | (4,642 | ) | 7,951 |  | 21,340 |
Cash, cash equivalents and restricted cash balance at beginning of period |  | — |  | 2,896 |  | 18,156 |  | (7,951 | ) | 13,101 |
Cash, cash equivalents and restricted cash balance at end of period |  | $ | — |  | $ | 20,927 |  | $ | 13,514 |  | $ | — |  | $ | 34,441 |
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
|  | Year Ended December 31, 2015
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |
Net cash provided by (used in) operating activities |  | $ | 7,178 |  | $ | (58,772 | ) | $ | (23,593 | ) | $ | (7,178 | ) | $ | (82,365 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Purchase of property and equipment |  | — |  | (3,156 | ) | (503 | ) | — |  | (3,659 | )
Acquisition, net of cash acquired |  | — |  | (23,950 | ) | — |  | — |  | (23,950 | )
Investments in and advances to joint venture arrangements |  | — |  | (8,087 | ) | (10,075 | ) | — |  | (18,162 | )
Return of capital from joint venture arrangements |  | — |  | — |  | 1,226 |  | — |  | 1,226 |
Intercompany investing |  | (3,338 | ) | — |  | — |  | 3,338 |  | — |
Net proceeds from the sale of mortgage servicing rights |  | — |  | — |  | 3,065 |  | — |  | 3,065 |
Net cash (used in) provided by investing activities |  | (3,338 | ) | (35,193 | ) | (6,287 | ) | 3,338 |  | (41,480 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Repayment of senior notes |  | — |  | (226,874 | ) | — |  | — |  | (226,874 | )
Proceeds from issuance of senior notes |  | — |  | 300,000 |  | — |  | — |  | 300,000 |
Proceeds from bank borrowings - homebuilding operations |  | — |  | 417,300 |  | — |  | — |  | 417,300 |
Repayments of bank borrowings - homebuilding operations |  | — |  | (403,500 | ) | — |  | — |  | (403,500 | )
Net proceeds from bank borrowings - financial services operations |  | — |  | — |  | 38,269 |  | — |  | 38,269 |
Proceeds from note payable - other and CDD bond obligations |  | — |  | (1,077 | ) | — |  | — |  | (1,077 | )
Dividends paid |  | (4,875 | ) | — |  | (7,178 | ) | 7,178 |  | (4,875 | )
Intercompany financing |  | — |  | 5,929 |  | 5,360 |  | (11,289 | ) | — |
Debt issue costs |  | — |  | (5,740 | ) | (78 | ) | — |  | (5,818 | )
Proceeds from exercise of stock options |  | 1,035 |  | — |  | — |  | — |  | 1,035 |
Net cash (used in) provided by financing activities |  | (3,840 | ) | 86,038 |  | 36,373 |  | (4,111 | ) | 114,460 |
Net (decrease) increase in cash, cash equivalents and restricted cash |  | — |  | (7,927 | ) | 6,493 |  | (7,951 | ) | (9,385 | )
Cash, cash equivalents and restricted cash balance at beginning of period |  | — |  | 10,823 |  | 11,663 |  | — |  | 22,486 |
Cash, cash equivalents and restricted cash balance at end of period |  | $ | — |  | $ | 2,896 |  | $ | 18,156 |  | $ | (7,951 | ) | $ | 13,101 |

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