Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
REVENUES
Real estate sales and other	$ 18,369	$ 23,067	$ 68,630	$ 122,738
Commercial and income producing properties	9,588	9,378	31,566	30,360
Real estate	27,957	32,445	100,196	153,098
Oil and gas	13,485	24,145	42,835	66,076
Other natural resources	1,726	2,250	5,372	7,284
Total revenues	43,168	58,840	148,403	226,458
COSTS AND EXPENSES
Cost of real estate sales and other	(9,588)	(10,662)	(33,840)	(60,145)
Cost of commercial and income producing properties	(6,780)	(9,391)	(22,020)	(28,117)
Cost of oil and gas producing activities	(95,553)	(18,470)	(177,236)	(48,016)
Cost of other natural resources	(819)	(711)	(2,599)	(2,288)
Other operating	(13,963)	(12,860)	(45,665)	(43,187)
General and administrative	(9,467)	(5,140)	(22,510)	(17,141)
Total expenses	(136,170)	(57,234)	(303,870)	(198,894)
Gain on asset exchange and sales	(1,749)	11,110	265	27,977
OPERATING INCOME (LOSS)	(94,751)	12,716	(155,202)	55,541
Equity in earnings of unconsolidated ventures	2,909	2,016	11,538	3,965
Interest expense	(8,315)	(8,634)	(25,851)	(21,507)
Other non-operating income	62	1,896	1,762	6,459
INCOME (LOSS) BEFORE TAXES	(100,095)	7,994	(167,753)	44,458
Income tax benefit (expense)	(64,236)	(2,755)	(39,133)	(15,464)
CONSOLIDATED NET INCOME (LOSS)	(164,331)	5,239	(206,886)	28,994
Less: Net (income) loss attributable to noncontrolling interests	115	(12)	5	(611)
NET INCOME (LOSS) ATTRIBUTABLE TO FORESTAR GROUP INC.	$ (164,216)	$ 5,227	$ (206,881)	$ 28,383
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)	34,299	35,498	34,248	35,437
Diluted (in shares)	34,299	43,868	34,248	43,750
NET INCOME PER COMMON SHARE
Basic (usd per share)	$ (4.79)	$ 0.12	$ (6.04)	$ 0.66
Diluted (usd per share)	$ (4.79)	$ 0.12	$ (6.04)	$ 0.65
TOTAL COMPREHENSIVE INCOME (LOSS)	$ (164,216)	$ 5,227	$ (206,881)	$ 28,383