XML 27 R11.htm IDEA: XBRL DOCUMENT v3.24.3
Revenue (Notes)
 12 Months Ended
Sep. 30, 2024
Revenues [Abstract]  
Revenue from Contract with Customer [Text Block] Revenues
Revenues consist of:
Year Ended September 30,
 202420232022
 (In millions)
Residential lot sales$1,459.3 $1,275.7 $1,455.5 
Deferred development lot sales8.1 29.0 26.8 
Tract sales and other42.0 132.2 36.8 
$1,509.4 $1,436.9 $1,519.1 

In fiscal 2022, the Company sold 854 deferred development lots to customers other than D.R. Horton for a total transaction price of $63.9 million. In fiscal 2024, 2023 and 2022, the Company recognized $8.1 million, $29.0 million and $26.8 million, respectively, of revenues as a result of its progress towards completion of its remaining unsatisfied performance obligations on these deferred development projects. At September 30, 2024, all performance obligations related to deferred development lot sales have been fully satisfied.