Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended	6 Months Ended
Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
REVENUES
Real estate	$ 23,565	$ 27,992	$ 46,140	$ 48,744
Other	0	23	24	1,576
Total revenues	23,565	28,015	46,164	50,320
COSTS AND EXPENSES
Cost of real estate	(9,950)	(16,918)	(25,525)	(28,814)
Cost of other	(34)	(108)	(570)	(38,724)
Other operating expenses	(2,968)	(5,158)	(4,856)	(10,240)
General and administrative	(3,518)	(28,372)	(7,263)	(33,063)
Total expenses	(16,470)	(50,556)	(38,214)	(110,841)
GAIN ON SALE OF ASSETS	1,318	29,506	4,064	103,721
OPERATING INCOME	8,413	6,965	12,014	43,200
Equity in earnings of unconsolidated ventures	1,000	2,747	2,529	9,109
Interest expense	(1,605)	(2,166)	(3,741)	(4,401)
Interest and other income	2,627	622	4,279	1,298
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES	10,435	8,168	15,081	49,206
Income tax expense	(149)	(11,928)	(215)	(28,139)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS	10,286	(3,760)	14,866	21,067
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAXES	0	1,229	0	1,647
CONSOLIDATED NET INCOME (LOSS)	10,286	(2,531)	14,866	22,714
Less: Net income attributable to noncontrolling interests	(865)	(48)	(911)	(88)
NET INCOME (LOSS) ATTRIBUTABLE TO FORESTAR GROUP INC.	$ 9,421	$ (2,579)	$ 13,955	$ 22,626
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)	41,939	42,259	41,939	42,171
Diluted (in shares)	41,966	42,259	41,966	42,454
NET INCOME (LOSS) PER BASIC SHARE
Continuing operations, basic (usd per share)	$ 0.22	$ (0.09)	$ 0.33	$ 0.50
Discontinued operations, basic (usd per share)	0.00	0.03	0.00	0.04
NET INCOME (LOSS) PER BASIC SHARE (usd per share)	0.22	(0.06)	0.33	0.54
NET INCOME (LOSS) PER DILUTED SHARE
Continuing operations, diluted (usd per share)	0.22	(0.09)	0.33	0.49
Discontinued operation, diluted (usd per share)	0.00	0.03	0.00	0.04
NET INCOME (LOSS) PER DILUTED SHARE (usd per share)	$ 0.22	$ (0.06)	$ 0.33	$ 0.53

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