Meritage Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)

3 Months Ended

Mar. 31, 2013



		March 31, 2013				December 31, 2012
	Hierarchy	Aggregate Principal		Estimated Fair Value		Aggregate Principal		Estimated Fair Value
7.731% senior subordinated notes	Level 2	$	83,125	$	85,519	$	99,825	$	102,950
4.50% senior notes	Level 2	$	175,000	$	174,563	N/A		N/A
7.15% senior notes	Level 2	$	200,000	$	223,000	$	200,000	$	220,760
7.00% senior notes	Level 2	$	300,000	$	334,140	$	300,000	$	328,500
1.875% convertible senior notes	Level 2	$	126,500	$	142,629	$	126,500	$	127,449

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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