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Equity
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Equity
Equity
A reconciliation of changes in equity through third quarter-end 2016 follows:
 
Forestar
Group Inc.
 
Noncontrolling
Interests
 
Total
 
(In thousands)
Balance at year-end 2015
$
501,600

 
$
2,515

 
$
504,115

Net income (loss)
14,903

 
1,330

 
16,233

Distributions to noncontrolling interests

 
(2,378
)
 
(2,378
)
Repurchase of common shares
(3,537
)
 

 
(3,537
)
Other (primarily share-based compensation)
2,747

 

 
2,747


$
515,713

 
$
1,467

 
$
517,180



In first nine months 2016, we repurchased 283,976 shares of our common stock at an average price of $12.45 per share.