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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]        
Revenues $ 287.1 $ 159.1 $ 594.2 $ 406.4
Cost of sales 233.8 136.6 496.7 353.2
Selling, general and administrative expense 16.3 11.2 31.8 21.7
Equity in earnings of unconsolidated ventures (0.1) (0.3) (0.3) (0.8)
Gain on sale of assets 0.0 (0.3) 0.0 (0.1)
Interest and other income (0.5) (1.8) (0.8) (3.4)
Income before income taxes 37.6 13.7 66.8 35.8
Income tax expense 9.2 3.3 16.3 8.7
Net income 28.4 10.4 50.5 27.1
Net income attributable to noncontrolling interests 0.0 0.8 0.1 0.7
Net income attributable to Forestar Group Inc. $ 28.4 $ 9.6 $ 50.4 $ 26.4
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic (in shares) 48,412,213 48,025,359 48,270,718 48,018,246
Diluted (in shares) 48,509,924 48,082,951 48,351,410 48,074,685
Earnings Per Share [Abstract]        
Earnings Per Share, Basic $ 0.59 $ 0.20 $ 1.04 $ 0.55
NET INCOME (LOSS) PER DILUTED SHARE        
Earnings Per Share, Diluted $ 0.59 $ 0.20 $ 1.04 $ 0.55