XML 65 R30.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Related Party Transactions Related Party Transactions (Tables)
3 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions [Table Text Block]
At December 31, 2019 and September 30, 2019, the Company owned or controlled through option purchase contracts approximately 44,500 and 38,300 residential lots, of which D.R. Horton had the following involvement.
 
December 31,
2019
 
September 30,
2019
 
(Dollars in millions)
Residential lots under contract to sell to D.R. Horton
12,700

 
12,800

Residential lots subject to right of first offer with D.R. Horton
12,900

 
10,600

Earnest money deposits from D.R. Horton for lots under contract
$
87.5

 
$
88.7

Remaining purchase price of lots under contract with D.R. Horton
$
918.6

 
$
953.8


In the three months ended December 31, 2019 and 2018, the Company's residential lot sales totaled 2,422 and 518, and lot sales revenues were $217.1 million and $34.7 million. Lot and land sales to D.R. Horton during those periods were as follows.

 
Three Months Ended December 31,
 
2019
 
2018
 
(Dollars in millions)
Residential single-family lots sold to D.R. Horton
2,390

 
455

Residential lot sales revenues from sales to D.R. Horton
$
215.6

 
$
32.6

Residential tract acres sold to D.R. Horton
36

 

Residential tract sales revenues from sales to D.R. Horton
$
7.2

 
$