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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Sep. 30, 2023
ASSETS    
Cash and cash equivalents $ 481.2 $ 616.0
Real estate 2,266.2 1,790.3
Investment in unconsolidated ventures 0.3 0.5
Property and equipment, net 7.1 5.9
Other assets 85.3 58.0
Total assets 2,840.1 2,470.7
LIABILITIES    
Accounts payable 85.9 68.4
Accrued development costs 144.6 104.1
Earnest money on sales contracts 172.3 121.4
Deferred tax liability, net 67.5 50.7
Accrued expenses and other liabilities 68.3 61.2
Debt 706.4 695.0
Total liabilities 1,245.0 1,100.8
Commitments and contingencies (Note 12)
Forestar Group Inc. shareholders’ equity:    
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 50,653,637 and 49,903,713 shares issued and outstanding at September 30, 2024 and 2023, respectively 50.7 49.9
Additional paid-in capital 665.2 644.2
Retained earnings 878.2 674.8
Stockholders' equity 1,594.1 1,368.9
Noncontrolling interests 1.0 1.0
Total equity 1,595.1 1,369.9
Total liabilities and equity $ 2,840.1 $ 2,470.7