Business and Summary of Significant Accounting Policies (Details 2) (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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Letter of credit and surety bond obligations | ||
Surety Bonds, Outstanding | $ 230,166mth_SuretiesOutstanding | $ 191,829mth_SuretiesOutstanding |
Surety bonds, Estimated work remaining to complete | 93,754mth_SuretiesRelatedToUncompletedContracts | 86,202mth_SuretiesRelatedToUncompletedContracts |
Letters of Credit ("LOCs"): | ||
Letters of Credit (LOC's) | 19,489us-gaap_LettersOfCreditOutstandingAmount | 42,068us-gaap_LettersOfCreditOutstandingAmount |
Sureties related to joint ventures [Member] | ||
Letter of credit and surety bond obligations | ||
Surety Bonds, Outstanding |
87mth_SuretiesOutstanding / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToJointVenturesMember |
87mth_SuretiesOutstanding / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToJointVenturesMember |
Surety bonds, Estimated work remaining to complete |
87mth_SuretiesRelatedToUncompletedContracts / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToJointVenturesMember |
87mth_SuretiesRelatedToUncompletedContracts / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToJointVenturesMember |
Sureties related to owned projects and lots under contract [Member] | ||
Letter of credit and surety bond obligations | ||
Surety Bonds, Outstanding |
230,079mth_SuretiesOutstanding / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToOwnedProjectsAndLotsUnderContractMember |
191,742mth_SuretiesOutstanding / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToOwnedProjectsAndLotsUnderContractMember |
Surety bonds, Estimated work remaining to complete |
93,667mth_SuretiesRelatedToUncompletedContracts / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToOwnedProjectsAndLotsUnderContractMember |
86,115mth_SuretiesRelatedToUncompletedContracts / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_SuretiesRelatedToOwnedProjectsAndLotsUnderContractMember |
Letter of Credit in lieu of deposit for contracted lots [Member] | ||
Letters of Credit ("LOCs"): | ||
Letters of Credit (LOC's) |
1,200us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterofCreditinlieuofdepositforcontractedlotsMemberDomain |
1,685us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterofCreditinlieuofdepositforcontractedlotsMemberDomain |
LOCs for land development [Member] | ||
Letters of Credit ("LOCs"): | ||
Letters of Credit (LOC's) |
13,789us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterOfCreditForLandDevelopmentMember |
35,883us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterOfCreditForLandDevelopmentMember |
LOCs for general corporate operations [Member] | ||
Letters of Credit ("LOCs"): | ||
Letters of Credit (LOC's) |
$ 4,500us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterOfCreditForGeneralCorporateOperationsMember |
$ 4,500us-gaap_LettersOfCreditOutstandingAmount / mth_LetterOfCreditAndSuretyBondsByTypeAxis = mth_LetterOfCreditForGeneralCorporateOperationsMember |
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- Definition
The outstanding amount of off-balance sheet obligations related to surety bonds issued related to certain development agreements. No definition available.
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The estimated dollar amount remaining to complete the project for which the Company maintains a surety bond obligation. No definition available.
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The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
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