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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Real estate sales and other $ 55,547 $ 24,518
Commercial and income producing properties 9,933 54,171
Real estate 65,480 78,689
Oil and gas 17,554 15,504
Other natural resources 1,571 3,278
Total revenues 84,605 97,471
COSTS AND EXPENSES    
Cost of real estate sales and other (26,064) (12,095)
Cost of commercial and income producing properties (10,120) (40,951)
Cost of oil and gas producing activities (12,620) (7,834)
Cost of other natural resources (776) (692)
Other operating (13,997) (15,909)
General and administrative (5,145) (10,470)
Total expenses (68,722) (87,951)
OPERATING INCOME 15,883 9,520
Equity in earnings of unconsolidated ventures 991 913
Interest expense (5,503) (4,539)
Other non-operating income 2,294 1,141
INCOME (LOSS) BEFORE TAXES 13,665 7,035
Income tax expense (4,658) (1,993)
CONSOLIDATED NET INCOME 9,007 5,042
Less: Net (income) attributable to noncontrolling interests (673) (1,091)
NET INCOME ATTRIBUTABLE TO FORESTAR GROUP INC. 8,334 3,951
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic 35,576 35,259
Diluted 43,913 35,722
NET INCOME PER COMMON SHARE    
Basic $ 0.20 $ 0.11
Diluted $ 0.19 $ 0.11
TOTAL COMPREHENSIVE INCOME $ 8,334 $ 3,951