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Equity
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Equity
Equity
A reconciliation of changes in equity at third quarter-end 2014 follows:
 
Forestar
Group Inc.
 
Noncontrolling
Interests
 
Total
 
(In thousands)
Balance at year-end 2013
$
709,845

 
$
5,552

 
$
715,397

Net income
28,383

 
611

 
28,994

Distributions to noncontrolling interests
—

 
(2,093
)
 
(2,093
)
Contributions from noncontrolling interests
—

 
533

 
533

Dissolution of noncontrolling interests
—

 
1,342

 
1,342

Purchase of noncontrolling interests, net of deferred taxes of $1,723,000
(2,975
)
 
(3,273
)
 
(6,248
)
Other (primarily share-based compensation)
7,506

 
—

 
7,506


$
742,759

 
$
2,672

 
$
745,431


In first quarter 2014, we acquired our partner's noncontrolling interests in the Lantana partnerships for $7,971,000. Prior to acquisition of the noncontrolling interests, we were the primary beneficiary of all but one of the Lantana partnerships which were variable interest entities (VIEs) and consolidated in our financial statements. We adjusted the carrying amount of noncontrolling interests to reflect the change in our ownership interest in the partnerships. The difference between the consideration paid and the carrying amount of the noncontrolling interests acquired is recognized as an adjustment to additional paid in capital attributable to Forestar, net of deferred taxes.