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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 170,606 $ 192,307
Real estate, net 591,805 519,464
Oil and gas properties and equipment, net 259,755 232,641
Investment in unconsolidated ventures 53,709 41,147
Timber 9,216 10,947
Receivables, net 46,301 39,252
Prepaid expenses 4,613 5,136
Income taxes receivable 2,837 0
Property and equipment, net 11,547 6,112
Deferred tax asset, net 30,932 40,398
Goodwill and other intangible assets 67,440 66,646
Other assets 19,478 18,102
TOTAL ASSETS 1,268,239 1,172,152
LIABILITIES AND EQUITY    
Accounts payable 17,667 21,409
Accrued employee compensation and benefits 6,852 5,814
Accrued property taxes 7,044 3,822
Accrued interest 8,695 2,343
Income taxes payable 0 3,876
Earnest money deposits 8,466 10,854
Other accrued expenses 27,371 26,851
Other liabilities 17,418 24,379
Debt 429,295 357,407
TOTAL LIABILITIES 522,808 456,755
COMMITMENTS AND CONTINGENCIES      
Forestar Group Inc. shareholders’ equity:    
Preferred stock, par value $0.01 per share, 25,000,000 authorized shares, none issued 0 0
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 36,946,603 issued at third quarter-end 2014 and year-end 2013 36,947 36,947
Additional paid-in capital 558,165 556,676
Retained earnings 178,801 150,418
Treasury stock, at cost, 1,988,333 shares at third quarter-end 2014 and 2,199,666 shares at year-end 2013 (31,154) (34,196)
Total Forestar Group Inc. shareholders’ equity 742,759 709,845
Noncontrolling interests 2,672 5,552
TOTAL EQUITY 745,431 715,397
TOTAL LIABILITIES AND EQUITY $ 1,268,239 $ 1,172,152