Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 381,390	$ 265,798
Real estate	282,034	293,003
Assets of discontinued operations	1	14
Assets held for sale	14,599	30,377
Investment in unconsolidated ventures	74,674	77,611
Receivables, net	8,705	8,931
Income taxes receivable	0	10,867
Prepaid expenses	2,453	2,000
Property and equipment, net	1,144	3,116
Deferred tax asset, net	278	323
Goodwill	0	37,900
Other assets	2,841	3,268
TOTAL ASSETS	768,119	733,208
LIABILITIES AND EQUITY
Accounts payable	5,633	4,804
Accrued employee compensation and benefits	1,866	4,126
Accrued property taxes	1,983	2,008
Accrued interest	1,543	1,585
Income taxes payable	8,759	0
Earnest money deposits	12,436	10,511
Other accrued expenses	7,792	12,598
Liabilities of discontinued operations	157	5,295
Liabilities held for sale	0	103
Other liabilities	28,821	19,702
Debt, net	113,368	110,358
TOTAL LIABILITIES	182,358	171,090
COMMITMENTS AND CONTINGENCIES
Forestar Group Inc. shareholders’ equity:
Preferred stock, par value $0.01 per share, 200,000 authorized shares at second quarter-end 2017 and none at year-end 2016, none issued	0	0
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 44,803,603 issued at second quarter-end 2017 and year-end 2016	44,804	44,804
Additional paid-in capital	548,871	553,005
Retained earnings	35,228	12,602
Treasury stock, at cost, 2,868,852 shares at second quarter-end 2017 and 3,187,253 shares at year-end 2016	(44,597)	(49,760)
Total Forestar Group Inc. shareholders’ equity	584,306	560,651
Noncontrolling interests	1,455	1,467
TOTAL EQUITY	585,761	562,118
TOTAL LIABILITIES AND EQUITY	$ 768,119	$ 733,208