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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Assets Allocated by Segment
Total assets allocated by segment are as follows:
 
Second
Quarter-End
 
Year-End
 
2015
 
2014
 
(In thousands)
Real estate
$
689,409

 
$
654,774

Oil and gas
295,759

 
342,703

Other natural resources
20,074

 
22,531

Assets not allocated to segments (a)
187,077

 
238,191

 
$
1,192,319

 
$
1,258,199


 
 _________________________
(a) 
Assets not allocated to segments at second quarter-end 2015 principally consist of cash and cash equivalents of $98,761,000 and a net deferred tax asset of $65,327,000. 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:
 
Second Quarter
 
First Six Months
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
Real estate
$
39,409

 
$
55,173

 
$
72,239

 
$
120,653

Oil and gas
16,165

 
24,377

 
29,350

 
41,931

Other natural resources
1,856

 
3,463

 
3,646

 
5,034

Total revenues
$
57,430

 
$
83,013

 
$
105,235

 
$
167,618

Segment earnings (loss):
 
 
 
 

 

Real estate
$
15,527

 
$
27,297

 
$
24,593

 
$
50,872

Oil and gas
(56,867
)
 
9,522

 
(59,808
)
 
10,329

Other natural resources
(43
)
 
2,079

 
(434
)
 
1,551

Total segment earnings (loss)
(41,383
)
 
38,898

 
(35,649
)
 
62,752

Items not allocated to segments (a)
(13,868
)
 
(16,025
)
 
(32,119
)
 
(26,887
)
Income (loss) before taxes attributable to Forestar Group Inc.
$
(55,251
)
 
$
22,873

 
$
(67,768
)
 
$
35,865


  _________________________
(a) 
Items not allocated to segments consist of:
 
Second Quarter
 
First Six Months
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
General and administrative expense
$
(5,177
)
 
$
(5,566
)
 
$
(11,197
)
 
$
(10,734
)
Shared-based and long-term incentive compensation expense
(23
)
 
(3,219
)
 
(3,481
)
 
(3,532
)
Interest expense
(8,715
)
 
(7,370
)
 
(17,536
)
 
(12,873
)
Other corporate non-operating income
47

 
130

 
95

 
252

 
$
(13,868
)
 
$
(16,025
)
 
$
(32,119
)
 
$
(26,887
)