Consolidated Balance Sheets (USD $) In Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 5,715	$ 5,366
Real estate	568,139	562,192
Assets held for sale	25,588	21,122
Investment in unconsolidated ventures	98,909	101,166
Timber	15,998	17,959
Receivables, net	23,382	2,875
Prepaid expenses	2,824	2,034
Income taxes receivable	790	0
Property and equipment, net	5,423	5,577
Oil and gas properties and equipment, net	2,413	322
Deferred tax asset	54,141	47,141
Goodwill and other intangible assets	5,989	6,527
Other assets	15,844	17,043
TOTAL ASSETS	825,155	789,324
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	4,281	4,214
Accrued employee compensation and benefits	463	994
Accrued property taxes	5,112	3,662
Accrued interest	1,293	1,061
Income taxes payable	0	3,293
Other accrued expenses	9,176	8,168
Other liabilities	35,054	32,064
Debt	260,825	221,589
TOTAL LIABILITIES	316,204	275,045
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders' equity:
Preferred stock, par value $0.01 per share, 25,000,000 authorized shares, none issued	0	0
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 36,773,370 issued at June 30, 2011 and 36,667,210 issued at December 31, 2010	36,773	36,667
Additional paid-in capital	395,573	391,352
Retained earnings	94,607	101,001
Treasury stock, at cost, 1,281,084 shares at June 30, 2011 and 1,216,647 shares at December 31, 2010	(20,672)	(19,456)
Total Forestar Group Inc. shareholders' equity	506,281	509,564
Noncontrolling interests	2,670	4,715
TOTAL SHAREHOLDERS' EQUITY	508,951	514,279
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 825,155	$ 789,324