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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Assets Allocated by Segment
Total assets allocated by segment are as follows:
 
Third
Quarter-End
 
Year-End
 
2014
 
2013
 
(In thousands)
Real estate
$
664,642

 
$
582,802

Oil and gas
355,501

 
312,553

Other natural resources
23,502

 
23,478

Assets not allocated to segments (a)
224,594

 
253,319

 
$
1,268,239

 
$
1,172,152


  _________________________
(a) 
Assets not allocated to segments at third quarter-end 2014 principally consist of cash and cash equivalents of $170,606,000 and a net deferred tax asset of $30,932,000. Assets not allocated to segments at year-end 2013 principally consist of cash and cash equivalents of $192,307,000 and a net deferred tax asset of $40,398,000.
Segment Revenues and Earnings
Segment revenues and earnings are as follows:
 
Third Quarter
 
First Nine Months
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
Real estate
$
32,445

 
$
50,356

 
$
153,098

 
$
170,264

Oil and gas
24,145

 
22,095

 
66,076

 
53,430

Other natural resources
2,250

 
2,656

 
7,284

 
8,963

Total revenues
$
58,840

 
$
75,107

 
$
226,458

 
$
232,657

Segment earnings:
 
 
 
 
 
 
 
Real estate
$
15,987

 
$
13,197

 
$
66,859

 
$
40,747

Oil and gas
6,002

 
8,499

 
16,331

 
17,869

Other natural resources
669

 
549

 
2,220

 
2,792

Total segment earnings
22,658

 
22,245

 
85,410

 
61,408

Items not allocated to segments (a)
(14,676
)
 
(13,347
)
 
(41,563
)
 
(45,114
)
Income before taxes attributable to Forestar Group Inc.
$
7,982

 
$
8,898

 
$
43,847

 
$
16,294


  _________________________
(a) 
Items not allocated to segments consist of:
 
Third Quarter
 
First Nine Months
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
General and administrative expense
$
(5,190
)
 
$
(4,648
)
 
$
(15,924
)
 
$
(14,935
)
Shared-based compensation expense
(991
)
 
(3,492
)
 
(4,523
)
 
(15,367
)
Interest expense
(8,634
)
 
(5,231
)
 
(21,507
)
 
(14,892
)
Other corporate non-operating income
139

 
24

 
391

 
80

 
$
(14,676
)
 
$
(13,347
)
 
$
(41,563
)
 
$
(45,114
)