Senior and Convertible Senior Notes (Details Textual) (Senior Notes [Member], USD $)
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Mar. 31, 2015
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Dec. 31, 2014
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4.50% senior notes due 2018 [Member] | ||
Debt Instrument [Line Items] | ||
Debt instrument, stated rate |
4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.15% senior notes due 2020 [Member] | ||
Debt Instrument [Line Items] | ||
Debt instrument, stated rate |
7.15%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.15%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.00% senior notes due 2022 [Member] | ||
Debt Instrument [Line Items] | ||
Debt instrument, stated rate |
7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
1.875% convertible senior notes due 2032 [Member] | ||
Debt Instrument [Line Items] | ||
Debt instrument, stated rate |
1.875%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
1.875%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
Debt instrument, convertible, conversion price |
58.14us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
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Conversion premium |
47.50%mth_ConversionPremium / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
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- Definition
Initial conversion premium of the convertible notes based on the closing price of the common stock on the transaction closing date. No definition available.
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- Definition
The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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