Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 337,432	$ 265,798
Real estate	289,909	293,003
Assets of discontinued operations	5	14
Assets held for sale	29,867	30,377
Investment in unconsolidated ventures	79,262	77,611
Receivables, net	18,535	8,931
Income taxes receivable	0	10,867
Prepaid expenses	2,412	2,000
Property and equipment, net	2,621	3,116
Deferred tax asset, net	294	323
Goodwill	0	37,900
Other assets	3,257	3,268
TOTAL ASSETS	763,594	733,208
LIABILITIES AND EQUITY
Accounts payable	5,615	4,804
Accrued employee compensation and benefits	1,713	4,126
Accrued property taxes	910	2,008
Accrued interest	529	1,585
Income taxes payable	4,566	0
Earnest money deposits	13,304	10,511
Other accrued expenses	7,238	12,598
Liabilities of discontinued operations	1,163	5,295
Liabilities held for sale	459	103
Other liabilities	28,986	19,702
Debt, net	111,783	110,358
TOTAL LIABILITIES	176,266	171,090
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders’ equity:
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 44,803,603 issued at first quarter-end 2017 and year-end 2016	44,804	44,804
Additional paid-in capital	549,926	553,005
Retained earnings	37,807	12,602
Treasury stock, at cost, 3,005,101 shares at first quarter-end 2017 and 3,187,253 shares at year-end 2016	(46,716)	(49,760)
Total Forestar Group Inc. shareholders’ equity	585,821	560,651
Noncontrolling interests	1,507	1,467
TOTAL EQUITY	587,328	562,118
TOTAL LIABILITIES AND EQUITY	$ 763,594	$ 733,208