XML 51 R35.htm IDEA: XBRL DOCUMENT v3.24.3
Related Party Disclosures (Tables)
12 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions [Table Text Block] At September 30, 2024 and 2023, the Company owned approximately 57,800 and 52,400 residential lots, of which D.R. Horton had the following involvement.
September 30,
 20242023
 (Dollars in millions)
Residential lots under contract to sell to D.R. Horton20,500 14,400 
Owned lots subject to right of first offer with D.R. Horton based on executed purchase and sale agreements17,200 17,000 
Earnest money deposits from D.R. Horton for lots under contract$168.4 $117.1 
Remaining sales price of lots under contract with D.R. Horton$1,840.5 $1,319.2 

Lot and land sales to D.R. Horton during fiscal years 2024, 2023 and 2022 were as follows:

Year Ended September 30,
 202420232022
 (Dollars in millions)
Residential lots sold to D.R. Horton13,267 12,249 14,895 
Residential lot sales revenues from sales to D.R. Horton$1,271.4 $1,094.7 $1,230.0 
Decrease in contract liabilities on lot sales to D.R. Horton$2.9 $— $1.8 
Tract acres sold to D.R. Horton32 820 — 
Tract sales revenues from sales to D.R. Horton$15.2 $114.1 $— 
Other revenues from D.R. Horton
$8.5 $1.0 $—