XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.20.4

Notes Payable (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2020
Debt Disclosure [Abstract] |
Summary of notes payable at principal amounts, net of unamortized discounts | The Company’s notes payable at their carrying amounts consist of the following:
|  | December 31, 2020 |  | September 30, 2020
|  | (In millions)
Homebuilding: |  |  |  |
Unsecured: |  |  |  |
Revolving credit facility |  | $ | — |  |  | $ | — |
364-day revolving credit facility |  | — |  |  | — |
2.55% senior notes due 2020 (1) |  | — |  |  | 399.8 |
4.375% senior notes due 2022 (1) |  | 349.3 |  |  | 349.2 |
4.75% senior notes due 2023 (1) |  | 299.3 |  |  | 299.2 |
5.75% senior notes due 2023 (1) |  | 398.8 |  |  | 398.7 |
2.5% senior notes due 2024 (1) |  | 496.6 |  |  | 496.5 |
2.6% senior notes due 2025 (1) |  | 495.6 |  |  | 495.1 |
1.4% senior notes due 2027 (1) |  | 494.1 |  |  | — |
Other secured notes (2) |  | 68.7 |  |  | 71.1 |
|  | 2,602.4 |  |  | 2,509.6 |
Forestar: |  |  |  |
Unsecured: |  |  |  |
Revolving credit facility |  | — |  |  | — |
8.0% senior notes due 2024 (3) |  | 345.5 |  |  | 345.2 |
5.0% senior notes due 2028 (3) |  | 296.1 |  |  | 295.9 |
Other secured notes |  | 12.5 |  |  | — |
|  | 654.1 |  |  | 641.1 |
Financial Services: |  |  |  |
Mortgage repurchase facility |  | 969.1 |  |  | 1,132.6 |
|  | $ | 4,225.6 |  |  | $ | 4,283.3 |
____________________________ (1)Debt issuance costs that were deducted from the carrying amounts of the homebuilding senior notes totaled $14.1 million and $10.7 million at December 31, 2020 and September 30, 2020, respectively. (2)Homebuilding other secured notes excludes $3.8 million and $4.8 million of earnest money notes payable due to Forestar at December 31, 2020 and September 30, 2020, respectively. These intercompany notes are eliminated in consolidation. (3)Debt issuance costs that were deducted from the carrying amount of Forestar’s senior notes totaled $8.4 million and $8.9 million at December 31, 2020 and September 30, 2020, respectively.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration