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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 92,640 $ 170,127
Real estate, net 620,813 575,756
Oil and gas properties and equipment, net 121,775 263,493
Investment in unconsolidated ventures 85,325 65,005
Timber 8,320 8,315
Receivables, net 13,212 24,589
Prepaid expenses 2,714 6,000
Income taxes receivable 3,878 7,503
Property and equipment, net 10,727 11,627
Deferred tax asset, net 1,118 40,624
Goodwill and other intangible assets 63,440 66,131
Other assets 17,254 19,029
TOTAL ASSETS 1,041,216 1,258,199
LIABILITIES AND EQUITY    
Accounts payable 13,976 20,400
Accrued employee compensation and benefits 8,532 8,323
Accrued property taxes 7,839 5,966
Accrued interest 7,607 3,451
Earnest money deposits 10,172 10,045
Other accrued expenses 21,573 35,729
Other liabilities 27,817 31,799
Debt 435,295 432,744
TOTAL LIABILITIES $ 532,811 $ 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 third quarter-end 2015 and year-end 2014 $ 36,947 $ 36,947
Additional paid-in capital 562,591 558,945
Retained earnings (Accumulated deficit) (39,880) 167,001
Treasury stock, at cost, 3,329,060 shares at third quarter-end 2015 and 3,485,278 shares at year-end 2014 (53,085) (55,691)
Total Forestar Group Inc. shareholders’ equity 506,573 707,202
Noncontrolling interests 1,832 2,540
TOTAL EQUITY 508,405 709,742
TOTAL LIABILITIES AND EQUITY $ 1,041,216 $ 1,258,199