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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Assets Allocated by Segment
Total assets allocated by segment are as follows:
 
Third
Quarter-End
 
Year-End
 
2015
 
2014
 
(In thousands)
Real estate
$
713,912

 
$
654,774

Oil and gas
191,328

 
342,703

Other natural resources
20,034

 
22,531

Assets not allocated to segments (a)
115,942

 
238,191

 
$
1,041,216

 
$
1,258,199


 
 _________________________
(a) 
Assets not allocated to segments at third quarter-end 2015 principally consist of cash and cash equivalents of $92,640,000 and a net deferred tax asset of $1,118,000. Assets not allocated to segments at year-end 2014 principally consist of cash and cash equivalents of $170,127,000 and a net deferred tax asset of $40,624,000.
Segment Revenues and Earnings
Segment revenues and earnings are as follows:
 
Third Quarter
 
First Nine Months
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
Real estate
$
27,957

 
$
32,445

 
$
100,196

 
$
153,098

Oil and gas
13,485

 
24,145

 
42,835

 
66,076

Other natural resources
1,726

 
2,250

 
5,372

 
7,284

Total revenues
$
43,168

 
$
58,840

 
$
148,403

 
$
226,458

Segment earnings (loss):
 
 
 
 

 

Real estate
$
5,154

 
$
15,987

 
$
29,747

 
$
66,859

Oil and gas
(86,192
)
 
6,002

 
(146,000
)
 
16,331

Other natural resources
(77
)
 
669

 
(511
)
 
2,220

Total segment earnings (loss)
(81,115
)
 
22,658

 
(116,764
)
 
85,410

Items not allocated to segments (a)
(18,865
)
 
(14,676
)
 
(50,984
)
 
(41,563
)
Income (loss) before taxes attributable to Forestar Group Inc.
$
(99,980
)
 
$
7,982

 
$
(167,748
)
 
$
43,847


  _________________________
(a) 
Items not allocated to segments consist of:
 
Third Quarter
 
First Nine Months
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
General and administrative expense
$
(8,343
)
 
$
(5,190
)
 
$
(19,540
)
 
$
(15,924
)
Shared-based and long-term incentive compensation expense
(2,245
)
 
(991
)
 
(5,726
)
 
(4,523
)
Interest expense
(8,315
)
 
(8,634
)
 
(25,851
)
 
(21,507
)
Other corporate non-operating income
38

 
139

 
133

 
391

 
$
(18,865
)
 
$
(14,676
)
 
$
(50,984
)
 
$
(41,563
)