Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 98,761	$ 170,127
Real estate, net	603,525	575,756
Oil and gas properties and equipment, net	224,465	263,493
Investment in unconsolidated ventures	76,722	65,005
Timber	8,360	8,315
Receivables, net	14,610	24,589
Prepaid expenses	3,502	6,000
Income taxes receivable	3,930	7,503
Property and equipment, net	10,850	11,627
Deferred tax asset, net	65,327	40,624
Goodwill and other intangible assets	65,583	66,131
Other assets	16,684	19,029
TOTAL ASSETS	1,192,319	1,258,199
LIABILITIES AND EQUITY
Accounts payable	9,903	20,400
Accrued employee compensation and benefits	3,801	8,323
Accrued property taxes	5,599	5,966
Accrued interest	3,458	3,451
Earnest money deposits	8,997	10,045
Other accrued expenses	27,433	35,729
Other liabilities	27,907	31,799
Debt	434,840	432,744
TOTAL LIABILITIES	$ 521,938	$ 548,457
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders’ equity:
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 36,946,603 issued at second quarter-end 2015 and year-end 2014	$ 36,947	$ 36,947
Additional paid-in capital	560,264	558,945
Retained earnings	124,335	167,001
Treasury stock, at cost, 3,331,726 shares at second quarter-end 2015 and 3,485,278 shares at year-end 2014	(53,128)	(55,691)
Total Forestar Group Inc. shareholders’ equity	668,418	707,202
Noncontrolling interests	1,963	2,540
TOTAL EQUITY	670,381	709,742
TOTAL LIABILITIES AND EQUITY	$ 1,192,319	$ 1,258,199