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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Assets Allocated by Segment
Total assets allocated by segment are as follows:
 
First
Quarter-End
 
Year-End
 
2015
 
2014
 
(In thousands)
Real estate
$
670,067

 
$
654,774

Oil and gas
352,695

 
342,703

Other natural resources
20,077

 
22,531

Assets not allocated to segments (a)
194,132

 
238,191

 
$
1,236,971

 
$
1,258,199


  _________________________
(a) 
Assets not allocated to segments at first quarter-end 2015 principally consist of cash and cash equivalents of $126,262,000 and a net deferred tax asset of $44,583,000. Assets not allocated to segments at year-end 2014 principally consist of cash and cash equivalents of $170,127,000 and a net deferred tax asset of $40,624,000.
Segment Revenues and Earnings
Segment revenues and earnings are as follows:
 
First Quarter
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
Real estate
$
32,830

 
$
65,480

Oil and gas
13,185

 
17,554

Other natural resources
1,790

 
1,571

Total revenues
$
47,805

 
$
84,605

Segment earnings (loss):
 
 
 
Real estate
$
9,066

 
$
23,575

Oil and gas
(2,941
)
 
807

Other natural resources
(391
)
 
(528
)
Total segment earnings
5,734

 
23,854

Items not allocated to segments (a)
(18,251
)
 
(10,862
)
Income (loss) before taxes attributable to Forestar Group Inc.
$
(12,517
)
 
$
12,992


  _________________________
(a) 
Items not allocated to segments consist of:
 
First Quarter
 
2015
 
2014
 
(In thousands)
General and administrative expense
$
(6,020
)
 
$
(5,168
)
Shared-based and long-term incentive compensation expense
(3,458
)
 
(313
)
Interest expense
(8,821
)
 
(5,503
)
Other corporate non-operating income
48

 
122

 
$
(18,251
)
 
$
(10,862
)