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Document and Entity Information - shares
6 Months Ended
Jun. 30, 2020
Aug. 10, 2020
Document and Entity Information    
Document Type 10-Q/A  
Document Period End Date Jun. 30, 2020  
Entity Registrant Name Legacy Housing Corp  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Ex Transition Period false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   24,192,157
Entity Central Index Key 0001436208  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2020  
Document Fiscal Period Focus Q2  
Amendment Flag true  
Amendment Description EXPLANATORY NOTE Legacy Housing Corporation (the "Company") is filing this amended Form 10-Q/A ("Form 10-Q/A" and "Amendment") to amend its Quarterly Report on Form 10-Q for the period ended June 30, 2020, that was originally filed with the Securities and Exchange Commission (the "SEC") on August 14, 2020 ("Original Filing"), to restate its unaudited condensed balance sheet as of June 30, 2020, its unaudited condensed statements of operations, its unaudited condensed statement of cash flows, its unaudited condensed statement of changes in stockholders' equity, and related footnote disclosures for the three and six months ended June 30, 2020. As described in Item 4.02 of our Current Report on Form 8-K filed on November 6, 2020, the previously filed unaudited condensed financial statements for this period should no longer be relied upon. This Form 10-Q/A also amends certain other items in the Original Filing, as listed in "Items Amended in this Form 10 -Q/A" below.As further discussed in Note 1 to our unaudited condensed consolidated financial statements in Part I, Item 1, "Financial Statements" of this 10-Q/A, we concluded that we would restate our previously issued consolidated financial statements as of and for the period ended June 30, 2020, as set forth in the Original Filing in connection with the recognition in this 10-Q/A of an overstatement in accounts payable and costs of goods sold.As disclosed in our Form 10-Q for the Quarterly period ended June 30, 2020, the Company's management determined that there were deficiencies in internal control over financial reporting that constituted a material weakness. For a description of the material weakness in internal control over financial reporting, see Part I, Item 4 "Controls and Procedures" included in this Form 10-Q/A. Items Amended in this Form 10-Q/AFor the convenience of the reader, this Form 10-Q/A sets forth the Original Filing in its entirety, as modified and superseded as necessary to reflect the restatement described above. Accordingly, the Amendment does not reflect events occurring after the filing of the original Form 10-Q or modify or update those disclosures affected by subsequent events and should be read in conjunction with the Original Filing and our other filings with the SEC. Information not affected by the restatement is unchanged and reflects disclosures made at the time of the filing of the Original Filing. The disclosures impacted by the restatement include, but are not limited to, those related to cost of product sales, income tax expense, accounts payable, accrued liabilities and retained earnings. The following items in the Original Filing have been amended as a result of, and to reflect, the restatement: A.Part I, Item 1. Financial Statements B.Part I, Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation C.Part II, Item 6. Exhibits In accordance with applicable SEC rules, this Amendment includes new certifications required by Rule 13a-14 under the Securities Exchange Act of 1934, as amended, or the Exchange Act, from our Chief Executive Officer and Chief Financial Officer dated as of the date of filing of this 10-Q/A.