Fair Value Disclosures (Details) (Senior Notes [Member], Level 2 [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]
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Debt Instrument [Line Items] | ||
Aggregate Principal |
$ 175,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
$ 175,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
Fair value of fixed-rate debt | ||
Estimated Fair Value |
177,625,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
175,000,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandEighteenMemberDomain / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.15% senior notes due 2020 [Member]
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Debt Instrument [Line Items] | ||
Aggregate Principal |
300,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
300,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
Fair value of fixed-rate debt | ||
Estimated Fair Value |
322,500,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
322,500,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
7.00% senior notes due 2022 [Member]
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Debt Instrument [Line Items] | ||
Aggregate Principal |
300,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
300,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
Fair value of fixed-rate debt | ||
Estimated Fair Value |
320,250,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
318,000,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_SeniorNotesDueTwoThousandTwentyTwoMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
1.875% convertible senior notes due 2032 [Member]
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Debt Instrument [Line Items] | ||
Aggregate Principal |
126,500,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
126,500,000us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
Fair value of fixed-rate debt | ||
Estimated Fair Value |
$ 134,564,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
$ 124,444,000us-gaap_DebtInstrumentFairValue / us-gaap_DebtInstrumentAxis = mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_LongtermDebtTypeAxis = us-gaap_SeniorNotesMember |
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- Definition
Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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