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Supplemental Guarantor Information Supplemental Guarantor Information (Tables) | 12 Months Ended
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Dec. 31, 2018
Supplemental Guarantor Information [Abstract] |
Schedule Of Condensed Consolidating Statement Of Operations [Table Text Block] |
CONDENSED CONSOLIDATING STATEMENTS OF INCOME
|  | Year Ended December 31, 2018
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
Revenue |  | $ | — |  | $ | 2,234,086 |  | $ | 52,196 |  | $ | — |  | $ | 2,286,282 |
Costs and expenses: |  |  |  |  |  |
Land and housing |  | — |  | 1,836,704 |  | — |  | — |  | 1,836,704 |
Impairment of inventory and investment in joint venture arrangements |  | — |  | 5,809 |  | — |  | — |  | 5,809 |
Acquisition and integration costs |  | — |  | 1,700 |  | — |  | — |  | 1,700 |
General and administrative |  | — |  | 112,225 |  | 25,554 |  | — |  | 137,779 |
Selling |  | — |  | 142,829 |  | — |  | — |  | 142,829 |
Equity in income from joint venture arrangements |  | — |  | — |  | (312 | ) | — |  | (312 | )
Interest |  | — |  | 17,215 |  | 3,269 |  | — |  | 20,484 |
Total costs and expenses |  | — |  | 2,116,482 |  | 28,511 |  | — |  | 2,144,993 |
Income before income taxes |  | — |  | 117,604 |  | 23,685 |  | — |  | 141,289 |
Provision for income taxes |  | — |  | 28,545 |  | 5,081 |  | — |  | 33,626 |
Equity in subsidiaries |  | 107,663 |  | — |  | — |  | (107,663 | ) | — |
Net income |  | $ | 107,663 |  | $ | 89,059 |  | $ | 18,604 |  | $ | (107,663 | ) | $ | 107,663 |
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 from 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 available to common shareholders |  | $ | 66,168 |  | $ | 55,467 |  | $ | 16,614 |  | $ | (72,081 | ) | $ | 66,168 |
|  | 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 from 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 available to common shareholders |  | $ | 51,734 |  | $ | 42,550 |  | $ | 14,059 |  | $ | (56,609 | ) | $ | 51,734 |
Schedule Of Condensed Consolidating Balance Sheet [Table Text Block] |
CONDENSED CONSOLIDATING BALANCE SHEET
|  | December 31, 2018
(In thousands) |  | M/I Homes, Inc. | Guarantor Subsidiaries | Unrestricted Subsidiaries | Eliminations | Consolidated
ASSETS: |  |  |  |  |  |
Cash, cash equivalents and restricted cash |  | $ | — |  | $ | 5,554 |  | $ | 15,975 |  | $ | — |  | $ | 21,529 |
Mortgage loans held for sale |  | — |  | — |  | 169,651 |  | — |  | 169,651 |
Inventory |  | — |  | 1,674,460 |  | — |  | — |  | 1,674,460 |
Property and equipment - net |  | — |  | 28,485 |  | 910 |  | — |  | 29,395 |
Investment in joint venture arrangements |  | — |  | 33,297 |  | 2,573 |  | — |  | 35,870 |
Investment in subsidiaries |  | 817,986 |  | — |  | — |  | (817,986 | ) | — |
Deferred income taxes, net of valuation allowances |  | — |  | 13,482 |  | — |  | — |  | 13,482 |
Intercompany assets |  | 579,447 |  | — |  | — |  | (579,447 | ) | — |
Goodwill |  | — |  | 16,400 |  | — |  | — |  | 16,400 |
Other assets |  | 2,325 |  | 47,738 |  | 10,731 |  | — |  | 60,794 |
TOTAL ASSETS |  | $ | 1,399,758 |  | $ | 1,819,416 |  | $ | 199,840 |  | $ | (1,397,433 | ) | $ | 2,021,581 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
LIABILITIES: |  |  |  |  |  |
Accounts payable |  | $ | — |  | $ | 131,089 |  | $ | 422 |  | $ | — |  | $ | 131,511 |
Customer deposits |  | — |  | 32,055 |  | — |  | — |  | 32,055 |
Intercompany liabilities |  | — |  | 578,498 |  | 949 |  | (579,447 | ) | — |
Other liabilities |  | — |  | 140,860 |  | 9,191 |  | — |  | 150,051 |
Community development district obligations |  | — |  | 12,392 |  | — |  | — |  | 12,392 |
Obligation for consolidated inventory not owned |  | — |  | 19,308 |  | — |  | — |  | 19,308 |
Notes payable bank - homebuilding operations |  | — |  | 117,400 |  | — |  | — |  | 117,400 |
Notes payable bank - financial services operations |  | — |  | — |  | 153,168 |  | — |  | 153,168 |
Notes payable - other |  | — |  | 5,938 |  | — |  | — |  | 5,938 |
Senior notes due 2021 - net |  | 297,884 |  | — |  | — |  | — |  | 297,884 |
Senior notes due 2025 - net |  | 246,571 |  | — |  | — |  | — |  | 246,571 |
TOTAL LIABILITIES |  | 544,455 |  | 1,037,540 |  | 163,730 |  | (579,447 | ) | 1,166,278 |
Shareholders’ equity |  | 855,303 |  | 781,876 |  | 36,110 |  | (817,986 | ) | 855,303 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY |  | $ | 1,399,758 |  | $ | 1,819,416 |  | $ | 199,840 |  | $ | (1,397,433 | ) | $ | 2,021,581 |
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 tax asset |  | — |  | 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 |
Schedule Of Condensed Consolidating Statement Of Cash Flows [Table Text Block] |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
|  | Year Ended December 31, 2018
(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 |  | $ | 12,185 |  | $ | (25,882 | ) | $ | 23,290 |  | $ | (12,185 | ) | $ | (2,592 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Purchase of property and equipment |  | — |  | (7,896 | ) | (245 | ) | — |  | (8,141 | )
Acquisition, net of cash acquired |  | — |  | (100,960 | ) | — |  | — |  | (100,960 | )
Proceeds from the sale of mortgage servicing rights |  | — |  | — |  | 6,335 |  | — |  | 6,335 |
Intercompany investing |  | 12,986 |  | — |  | — |  | (12,986 | ) | — |
Investments in and advances to joint venture arrangements |  | — |  | (30,588 | ) | (1,279 | ) | — |  | (31,867 | )
Return of capital from joint venture arrangements |  | — |  | — |  | 676 |  | — |  | 676 |
Net cash provided by (used in) investing activities |  | 12,986 |  | (139,444 | ) | 5,487 |  | (12,986 | ) | (133,957 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Repayment of convertible senior subordinated notes |  | — |  | (65,941 | ) | — |  | — |  | (65,941 | )
Proceeds from bank borrowings - homebuilding operations |  | — |  | 666,600 |  | — |  | — |  | 666,600 |
Principal repayments of bank borrowings - homebuilding operations |  | — |  | (549,200 | ) | — |  | — |  | (549,200 | )
Net repayments of bank borrowings - financial services operations |  | — |  | — |  | (15,027 | ) | — |  | (15,027 | )
Proceeds from notes payable - other and CDD bond obligations |  | — |  | (4,638 | ) | — |  | — |  | (4,638 | )
Dividends paid |  | — |  | — |  | (12,185 | ) | 12,185 |  | — |
Repurchase of common shares |  | (25,709 | ) | — |  | — |  | — |  | (25,709 | )
Intercompany financing |  | — |  | (7,388 | ) | (5,598 | ) | 12,986 |  | — |
Debt issue costs |  | — |  | (75 | ) | (173 | ) | — |  | (248 | )
Proceeds from exercise of stock options |  | 538 |  | — |  | — |  | — |  | 538 |
Net cash (used in) provided by financing activities |  | (25,171 | ) | 39,358 |  | (32,983 | ) | 25,171 |  | 6,375 |
Net decrease in cash, cash equivalents and restricted cash |  | — |  | (125,968 | ) | (4,206 | ) | — |  | (130,174 | )
Cash, cash equivalents and restricted cash balance at beginning of period |  | — |  | 131,522 |  | 20,181 |  | — |  | 151,703 |
Cash, cash equivalents and restricted cash balance at end of period |  | $ | — |  | $ | 5,554 |  | $ | 15,975 |  | $ | — |  | $ | 21,529 |
CONDENSED CONSOLIDATING STATEMENT 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 | ) | $ | 10,738 |  | $ | (15,581 | ) | $ | (53,184 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |
Purchase of property and equipment |  | — |  | (8,535 | ) | (264 | ) | — |  | (8,799 | )
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 |
Proceeds from the sale of mortgage servicing rights |  | — |  | — |  | 8,212 |  | — |  | 8,212 |
Net cash provided by (used in) investing activities |  | 27,270 |  | (14,652 | ) | 5,495 |  | (27,270 | ) | (9,157 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |
Redemption of preferred shares |  | (50,420 | ) | — |  | — |  | — |  | (50,420 | )
Proceeds from issuance of senior notes |  | — |  | 250,000 |  | — |  | — |  | 250,000 |
Proceeds from bank borrowings - homebuilding operations |  | — |  | 398,300 |  | — |  | — |  | 398,300 |
Principal repayments of bank borrowings - homebuilding operations |  | — |  | (438,600 | ) | — |  | — |  | (438,600 | )
Net proceeds from bank borrowings - financial services operations |  | — |  | — |  | 15,300 |  | — |  | 15,300 |
Principal repayments of notes payable - other and CDD bond obligations |  | — |  | 4,161 |  | — |  | — |  | 4,161 |
Dividends paid |  | (3,656 | ) | — |  | (15,581 | ) | 15,581 |  | (3,656 | )
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 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 | )
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 |
Intercompany investing |  | (6,960 | ) | — |  | — |  | 6,960 |  | — |
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 |
Principal 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 note 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 |

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