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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES      
Real estate sales and other $ 171,672us-gaap_SalesOfRealEstate $ 152,684us-gaap_SalesOfRealEstate $ 81,459us-gaap_SalesOfRealEstate
Commercial and income producing properties 41,440for_CommercialAndIncomeProducingPropertiesRevenue 95,327for_CommercialAndIncomeProducingPropertiesRevenue 38,656for_CommercialAndIncomeProducingPropertiesRevenue
Real estate 213,112us-gaap_RealEstateRevenueNet 248,011us-gaap_RealEstateRevenueNet 120,115us-gaap_RealEstateRevenueNet
Oil and gas 84,300us-gaap_OilAndGasRevenue 72,313us-gaap_OilAndGasRevenue 44,220us-gaap_OilAndGasRevenue
Other natural resources 9,362us-gaap_OtherSalesRevenueNet 10,721us-gaap_OtherSalesRevenueNet 8,256us-gaap_OtherSalesRevenueNet
Total revenues 306,774us-gaap_SalesRevenueNet 331,045us-gaap_SalesRevenueNet 172,591us-gaap_SalesRevenueNet
EXPENSES      
Cost of real estate sales and other (86,432)us-gaap_CostOfRealEstateSales (76,628)us-gaap_CostOfRealEstateSales (40,400)us-gaap_CostOfRealEstateSales
Cost of commercial and income producing properties (37,332)for_CostOfCommercialAndIncomeProducingProperties (80,166)for_CostOfCommercialAndIncomeProducingProperties (29,639)for_CostOfCommercialAndIncomeProducingProperties
Cost of oil and gas producing activities (98,371)us-gaap_OilAndGasProductionExpense (42,067)us-gaap_OilAndGasProductionExpense (10,842)us-gaap_OilAndGasProductionExpense
Cost of other natural resources (3,006)us-gaap_OtherCostOfOperatingRevenue (2,033)us-gaap_OtherCostOfOperatingRevenue (2,995)us-gaap_OtherCostOfOperatingRevenue
Other operating (58,683)us-gaap_OtherCostAndExpenseOperating (60,359)us-gaap_OtherCostAndExpenseOperating (55,213)us-gaap_OtherCostAndExpenseOperating
General and administrative (22,230)us-gaap_GeneralAndAdministrativeExpense (28,376)us-gaap_GeneralAndAdministrativeExpense (32,320)us-gaap_GeneralAndAdministrativeExpense
Total expenses (306,054)us-gaap_CostsAndExpenses (289,629)us-gaap_CostsAndExpenses (171,409)us-gaap_CostsAndExpenses
GAIN ON SALE OF ASSETS 38,038us-gaap_GainLossOnDispositionOfAssets1 5,161us-gaap_GainLossOnDispositionOfAssets1 25,983us-gaap_GainLossOnDispositionOfAssets1
OPERATING INCOME 38,758us-gaap_OperatingIncomeLoss 46,577us-gaap_OperatingIncomeLoss 27,165us-gaap_OperatingIncomeLoss
Equity in earnings of unconsolidated ventures 8,685us-gaap_IncomeLossFromEquityMethodInvestments 8,737us-gaap_IncomeLossFromEquityMethodInvestments 14,469us-gaap_IncomeLossFromEquityMethodInvestments
Interest expense (30,286)us-gaap_InterestExpense (20,004)us-gaap_InterestExpense (19,363)us-gaap_InterestExpense
Other non-operating income 8,588us-gaap_OtherNonoperatingIncome 6,959us-gaap_OtherNonoperatingIncome 3,621us-gaap_OtherNonoperatingIncome
INCOME BEFORE TAXES 25,745us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 42,269us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 25,892us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (8,657)us-gaap_IncomeTaxExpenseBenefit (7,208)us-gaap_IncomeTaxExpenseBenefit (8,016)us-gaap_IncomeTaxExpenseBenefit
Net income 17,088us-gaap_ProfitLoss 35,061us-gaap_ProfitLoss 17,876us-gaap_ProfitLoss
Less: Net (income) attributable to noncontrolling interests (505)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (5,740)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (4,934)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME ATTRIBUTABLE TO FORESTAR GROUP INC. 16,583us-gaap_NetIncomeLoss 29,321us-gaap_NetIncomeLoss 12,942us-gaap_NetIncomeLoss
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING      
Basic (usd per share) 35,317us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,365us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,214us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (usd per share) 43,596us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 36,813us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 35,482us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
NET INCOME PER COMMON SHARE      
Basic (usd per share) $ 0.38us-gaap_EarningsPerShareBasic $ 0.81us-gaap_EarningsPerShareBasic $ 0.37us-gaap_EarningsPerShareBasic
Diluted (usd per share) $ 0.38us-gaap_EarningsPerShareDiluted $ 0.80us-gaap_EarningsPerShareDiluted $ 0.36us-gaap_EarningsPerShareDiluted
COMPREHENSIVE INCOME ATTRIBUTABLE TO FORESTAR GROUP INC. $ 16,583us-gaap_ComprehensiveIncomeNetOfTax $ 29,321us-gaap_ComprehensiveIncomeNetOfTax $ 12,942us-gaap_ComprehensiveIncomeNetOfTax