XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.21.1

Related Party Transactions Related Party Transactions (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2021
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions [Table Text Block] | At March 31, 2021 and September 30, 2020, the Company owned or controlled through purchase contracts approximately 84,500 and 60,500 residential lots, of which D.R. Horton had the following involvement.
| March 31, 2021 |  | September 30, 2020
| (Dollars in millions)
Residential lots under contract to sell to D.R. Horton | 20,400 |  |  | 14,000 |
Residential lots subject to right of first offer with D.R. Horton | 16,700 |  |  | 16,400 |
Earnest money deposits from D.R. Horton for lots under contract | $ | 134.1 |  |  | $ | 92.2 |
Earnest money notes from D.R. Horton for lots under contract | $ | 2.6 |  |  | $ | 4.8 |
Remaining purchase price of lots under contract with D.R. Horton | $ | 1,505.3 |  |  | $ | 1,022.2 |
In the three months ended March 31, 2021 and 2020, the Company's residential lot sales totaled 3,588 and 1,951, and lot sales revenues were $280.2 million and $156.4 million. In the six months ended March 31, 2021 and 2020, the Company's residential lot sales totaled 7,155 and 4,373, and lot sales revenues were $587.1 million and $373.5 million. Lot and land sales to D.R. Horton during those periods were as follows.
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (Dollars in millions)
Residential single-family lots sold to D.R. Horton | 3,358 |  |  | 1,906 |  |  | 6,747 |  |  | 4,296 |
Residential lot sales revenues from sales to D.R. Horton | $ | 265.6 |  |  | $ | 151.2 |  |  | $ | 559.6 |  |  | $ | 366.8 |
Tract acres sold to D.R. Horton | 14 |  |  | — |  |  | 14 |  |  | 36 |
Tract sales revenues from sales to D.R. Horton | $ | 3.0 |  |  | $ | — |  |  | $ | 3.0 |  |  | $ | 7.2 |

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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 No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration