CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 96,442	$ 170,127
Real estate, net	586,715	575,756
Oil and gas properties and equipment, net	80,613	263,493
Investment in unconsolidated ventures	82,453	65,005
Timber	7,683	8,315
Receivables, net	23,656	24,589
Income taxes receivable	12,056	7,503
Prepaid expenses	3,213	6,000
Property and equipment, net	10,732	11,627
Deferred tax asset, net	0	40,624
Goodwill and other intangible assets	63,128	66,131
Other assets	13,822	19,029
TOTAL ASSETS	980,513	1,258,199
LIABILITIES AND EQUITY
Accounts payable	11,959	20,400
Accrued employee compensation and benefits	5,547	8,323
Accrued property taxes	4,788	5,966
Accrued interest	3,267	3,451
Deferred tax liability, net	1,037	0
Earnest money deposits	10,214	10,045
Other accrued expenses	23,481	35,729
Other liabilities	26,323	31,799
Debt	389,782	432,744
TOTAL LIABILITIES	$ 476,398	$ 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 December 31, 2015 and December 31, 2014	$ 36,947	$ 36,947
Additional paid-in capital	561,850	558,945
Retained earnings (Accumulated deficit)	(46,046)	167,001
Treasury stock, at cost, 3,203,768 shares at December 31, 2015 and 3,485,278 shares at December 31, 2014	(51,151)	(55,691)
Total Forestar Group Inc. shareholders’ equity	501,600	707,202
Noncontrolling interests	2,515	2,540
TOTAL EQUITY	504,115	709,742
TOTAL LIABILITIES AND EQUITY	$ 980,513	$ 1,258,199