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Related Party Transactions (Notes) | 9 Months Ended
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Jun. 30, 2020
Related Party Transactions [Abstract] |
Related Party Transactions Disclosure [Text Block] | Related Party TransactionsIn October 2017, the Company entered into a Shared Services Agreement with D.R. Horton whereby D.R. Horton provides the Company with certain administrative, compliance, operational and procurement services. During the nine months ended June 30, 2020 and 2019, the Company paid D.R. Horton $3.8 million and $1.6 million for these shared services and $1.9 million and $1.1 million for the cost of health insurance and other employee benefits. These expenses are included in selling, general and administrative expense in the consolidated statements of operations. Under the terms of the Master Supply Agreement with D.R. Horton, both companies identify land development opportunities to expand Forestar's portfolio of assets. At June 30, 2020 and September 30, 2019, the Company owned or controlled through purchase contracts approximately 50,700 and 38,300 residential lots, of which D.R. Horton had the following involvement.
| June 30, 2020 |  | September 30, 2019
| (Dollars in millions) |  |
Residential lots under contract to sell to D.R. Horton | 14,100 |  |  | 12,800 |
Residential lots subject to right of first offer with D.R. Horton | 15,500 |  |  | 10,600 |
Earnest money deposits from D.R. Horton for lots under contract | $ | 91.0 |  |  | $ | 88.7 |
Earnest money notes from D.R. Horton for lots under contract | $ | 6.5 |  |  | $ | — |
Remaining purchase price of lots under contract with D.R. Horton | $ | 1,016.4 |  |  | $ | 953.8 |
In the three months ended June 30, 2020 and 2019, the Company's residential lot sales totaled 2,023 and 1,158, and lot sales revenues were $164.4 million and $87.6 million. In the nine months ended June 30, 2020 and 2019, the Company's residential lot sales totaled 6,396 and 2,224, and lot sales revenues were $537.9 million and $171.6 million. Lot and land sales to D.R. Horton during those periods were as follows.
| Three Months Ended June 30, |  |  |  | Nine Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
| (Dollars in millions) |  |  |  |  |  |
Residential single-family lots sold to D.R. Horton | 1,991 |  |  | 995 |  |  | 6,287 |  |  | 1,903 |
Residential lot sales revenues from sales to D.R. Horton | $ | 159.3 |  |  | $ | 75.2 |  |  | $ | 526.0 |  |  | $ | 145.4 |
Residential tract acres sold to D.R. Horton | 30 |  |  | — |  |  | 66 |  |  | — |
Residential tract sales revenues from sales to D.R. Horton | $ | 13.4 |  |  | $ | — |  |  | $ | 20.6 |  |  | $ | — |
In addition, a decrease in contract liabilities increased revenues on lot sales to D.R. Horton by $2.8 million and $2.1 million in the three and nine months ended June 30, 2020 and an increase in contract liabilities decreased revenues on lot sales to D.R. Horton by $2.0 million and $3.6 million in the three and nine months ended June 30, 2019. During the three and nine months ended June 30, 2020, the Company reimbursed D.R. Horton approximately $7.0 million and $23.2 million for previously paid earnest money and $12.9 million and $26.2 million for pre-acquisition and other due diligence and development costs related to land purchase contracts whereby D.R. Horton assigned its rights under these land purchase contracts to the Company. During the three and nine months ended June 30, 2019, the Company reimbursed D.R. Horton approximately $10.8 million and $27.6 million for previously paid earnest money and $4.7 million and $8.4 million for pre-acquisition and other due diligence and development costs. During the three and nine months ended June 30, 2020, the Company paid D.R. Horton $1.0 million and $3.9 million for land development services compared to $0.6 million and $1.4 million for these services in the prior year periods. These amounts are included in cost of sales in the Company’s consolidated statements of operations. At June 30, 2020 and September 30, 2019, undeveloped land was $15.4 million and $17.1 million. Undeveloped land primarily consists of undeveloped land which the Company has the contractual right to sell to D.R. Horton within approximately one year of its purchase or, if D.R. Horton elects, at an earlier date, at a sales price equal to the carrying value of the land at the time of sale plus additional consideration of 16% per annum. At June 30, 2020 and September 30, 2019, accrued expenses and other liabilities on the Company's consolidated balance sheets included $3.0 million and $2.2 million owed to D.R. Horton for any accrued and unpaid shared service charges, land purchase contract deposits and due diligence and other development cost reimbursements.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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