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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 184,168 $ 192,307
Real estate, net 538,493 519,464
Oil and gas properties and equipment, net 253,230 232,641
Investment in unconsolidated ventures 50,804 41,147
Timber 9,053 10,947
Receivables, net 46,311 39,252
Prepaid expenses 5,062 5,136
Income Taxes Receivable 452 0
Property and equipment, net 10,539 6,112
Deferred tax asset, net 34,519 40,398
Goodwill and other intangible assets 66,599 66,646
Other assets 23,122 18,102
TOTAL ASSETS 1,222,352 1,172,152
LIABILITIES AND EQUITY    
Accounts payable 18,601 21,409
Accrued employee compensation and benefits 4,568 5,814
Accrued property taxes 4,343 3,822
Accrued interest 4,501 2,343
Income taxes payable 0 3,876
Earnest Money Deposits 8,460 10,854
Other accrued expenses 24,145 26,851
Other liabilities 19,530 24,379
Debt 400,328 357,407
TOTAL LIABILITIES 484,476 456,755
COMMITMENTS AND CONTINGENCIES      
Forestar Group Inc. shareholders’ equity:    
Preferred Stock, Value, Issued 0 0
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 36,946,603 issued at second quarter-end 2014 and year-end 2013 36,947 36,947
Additional paid-in capital 556,395 556,676
Retained earnings 173,574 150,418
Treasury stock, at cost, 2,037,286 shares at second quarter-end 2014 and 2,199,666 shares at year-end 2013 (31,872) (34,196)
Total Forestar Group Inc. shareholders’ equity 735,044 709,845
Noncontrolling interests 2,832 5,552
TOTAL EQUITY 737,876 715,397
TOTAL LIABILITIES AND EQUITY $ 1,222,352 $ 1,172,152